#2031 - Q&A: “What is Goblintown, and should I mint a free NFT??”
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 24 July 2022
⏱️ 5 minutes
🧾️ Download transcript
Summary
A new trend in the wild world of NFTs comes from creators offering free assets (digital artwork) during an initial mint process. In some cases, the NFTs end up selling for thousands of dollars later—should you start trying to get them when they’re free?
Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
Show notes: SideHustleSchool.com
Email: team@sidehustleschool.com
Be on the show: SideHustleSchool.com/questions
Connect on Instagram: @193countries
Visit Chris's main site: ChrisGuillebeau.com
Read A Year of Mental Health: yearofmentalhealth.com
If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | Oh hey, what's up? Welcome to Side Us All School. This is your host, Chris Gellibout. |
| 0:12.5 | Thank you for tuning in today. I got an interesting question for you. I'm going to do my best to |
| 0:18.0 | explain this in a way that doesn't, you know, completely create more confusion. It is a question |
| 0:23.5 | about NFTs. If you don't like NFTs, this is going to be even weirder, okay? But what's happening |
| 0:29.0 | this trend that's happening in the world of NFTs comes from creators, sometimes companies offering |
| 0:35.1 | free NFTs, which as a reminder, digital artwork, basically some sort of digital asset that is |
| 0:42.1 | non-fungible. It cannot be duplicated. During an initial mint process, what is a mint process? We'll |
| 0:48.4 | explain that in my answer as well. Why do they do it? They do it for a couple of different reasons. |
| 0:53.3 | And our caller today mentions a recent project called Goblin Town. Goblin Town. Those assets |
| 1:01.0 | were minted for free. Anybody could get one. And now they are selling for a couple of ether at |
| 1:05.6 | minimum, which is, you know, a thousand dollars or more, you know, for each ether. So our caller |
| 1:12.0 | is wondering, where can I get more free NFTs that end up being worth tons of money? As you might |
| 1:17.6 | guess, it's not that simple, okay? But I'll do my best, as I said, to be helpful and to provide some |
| 1:22.8 | clarity, detailed question and my answer coming right up. I want to tell you today about our new |
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| 1:40.7 | The Lands End sent me a box of some samples, including a high quality blanket. I thought it was |
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| 1:51.7 | Harbinger's name on it. So Jordan, he's a pretty cool guy. He's got a podcast I enjoy. And now I've |
| 1:56.8 | got a mug with his name on it. So that's cool. And you know, what can I say? Since 1993, |
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... |
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