Just 6 months ago, who would have known that words like "NFT", "metaverse", and "web 3.0" would be high interest topics of discussion amongst friends, text threads and corporate brand strategies.
At an estimated $23B market size, NFT's could change the world as we know it this year...YES, in 2022.
Heather Parady and Rich Cardona, are joining this LIVE "The Data Binge Podcast" discussion to talk to us about NFT's.
Heather and Rich are Hosts of "NFT's for Newbies", a podcast ALL ABOUT NFT's, focused on their combined journeys of navigating the world of the NFT from a beginners perspective. "NFT's for Newbies" surpassed 200,000 downloads as of December of 2021, in less than 4 months from the start of the podcast. With the light and educational approach that Heather and Rich take in their discovery of this fascinating new world, there are take-aways for anyone willing to have fun and learn all about NFT's.
Key themes and discussion points:
🔷The fundamentals of learning and navigating a completely new digital universe: NFT's - How Heather and Rich got started.
🔷The misconceptions, critical ideas, and areas of general interest Heather & Rich have observed in their research and from their hyper growing audience.
🔷How individuals, and corporate brands should be thinking about NFT's, and how to get started.
Key Take-aways:
[9:57] The story of how Rich and Heather collaborated and created a powerhouse podcast about NFTs
[16:04] On reproducing digital products, and how one can gain value out of it? What makes a good NFT?
[21:09] NFTs can evolve throughout the years and bring us access to this new form of utility
[27:04] Pitfalls to avoid when you buy NFTs
[27:48] Doing research for verified accounts and ensuring that you’re buying from the right creator
[29:27] Taking the time to necessary to educate yourself on the NFT world
[35:29] The ethos of the NFTs for Newbies show: to bring more people on board, artists, creatives, business owners, who can jump in and make some good money, make good connections and be a leader in their realm
[38:50] What is NIL, and how can you monetize them?
[40:57] Tokenizing real estate as NFTs to make transactions much easier
[44:06] NFTs will challenge the creativity of businesses
[47:53] The human nature of the NFT world
Memorable Quotes:
[13:53] “The lesson that I learned from this is to lean on to the truth, and own the truth.”- Heather Parady
[19:43] “What matters is that businesses are starting to pay attention to technology and decentralizing finance.”- Rich Cardona
[27:33] “Investing in a project is investing in a business essentially. “- Heather Parady
[43:11] “You have an opportunity here to be the voice in your industry for NFTs.”- Heather Parady
[48:20] “Technology didn’t change us; it elevated who we already were.” -Heather Parady
Resources:
🎧 Stream NFT's for Newbies in any of your favorite places to listen to podcasts, including Apple Podcasts: https://podcasts.apple.com/us/podcast/nfts-for-newbies/id1581483443
NFTs for Newbies on Instagram: https://www.instagram.com/nfts4newbies/
NFTs for Newbies: https://www.nfts4newbies.com/
Heather Parady on LinkedIn: https://www.linkedin.com/mwlite/in/heatherparady
Rich Cardona on LinkedIn https://www.linkedin.com/in/richcardona
Real Estate NFTs: How It Began: https://www.forbes.com/sites/nataliakarayaneva/2021/11/24/real-estate-nfts-how-it-began/?sh=709260333b12
Raoul Pal & Vitalik Buterin: Building the Value Exchange Layer of the Internet: https://www.youtube.com/watch?v=LNpjKZnsdfI
Non-fungible tokens (NFT): https://ethereum.org/en/nft/
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Thank you for listening!
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Interested in starting your own podcast? Some candid advice here: https://www.linkedin.com/pulse/how-start-podcast-3-step-gono-go-beginners-guide-derek-russell
Learn more about the Data Binge Podcast at www.thedatabinge.com
Connect with Derek:
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Email: derek@thedatabinge.com
