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The Chris Harder Show

592. NFTs: My Learnings & Why I've Invested Over $150k

The Chris Harder Show

Chris Harder

Entrepreneurship, Business

4.91.5K Ratings

🗓️ 7 March 2022

⏱️ 17 minutes

🧾️ Download transcript

Summary

After my last episode on NFTs, I got 500% more DMs than any other episode I've ever done in almost 600 episodes. The majority of them were asking for an episode on the basics of NFTs, so that's what I'm bringing to you all today. I break down some of the major terms and concepts of NFTs to help launch your own exploration. I explain the difference between utility-first and collectibility-first NFTs, the two ways to get an NFT and what a virtual wallet is. I also get into what the mining process looks like and what Etherium is. Join me on this journey as I learn more about blockchain and web3.0. 

 

IN THIS EPISODE, WE TALK ABOUT:

  • Examples of different types of NFTs 
  • Two different Gary Vee projects that I'm excited about 
  • The world's first NFT-only restaurant 
  • My favorite tools and sites for buying and managing NFTs 
  • Why it's crucial to learn more and invest in this new space 

 

RESOURCES

  • Text NFT to 310-421-0416 to get updates and follow along on my NFT journey. 
  • metamask.io 
  • opensea.io 

 

CONNECT WITH CHRIS

Follow Me: @chriswharder

Visit My Website: https://chrisharder.me 

Transcript

Click on a timestamp to play from that location

0:00.0

If you're in the inside circles and if you watch who's in this for the long term, then you're going to have a much higher chance of succeeding.

0:12.0

Welcome everybody to the Chris Harder Show where we are making you unapologetic about your pursuit of success.

0:18.0

Knowing that when good people like you make good money they can then do great things.

0:22.0

My name is Chris Harder and several times per week. I will bring you epic guests, solo episodes, and every single tool trick and skill set you need to grow your business, grow your money mindset, and to grow your wealth to levels that you have never reached before.

0:35.0

I've ended up in a unique place in life where I've got the experience, the connections, and all of the secrets that it takes to be successful.

0:42.0

And I'm lifting the curtain to reveal it all to you in an effort to help put you in a position of abundance so great that you can then be as generous as possible.

0:52.0

So let's lock arms and let's get started.

0:59.0

Hey everybody, welcome back to the Chris Harder Show. It's another money Monday here where we absolutely believe that both generosity and prosperity can and must coexist.

1:08.0

We're going to talk NFTs again today. This will be the second episode that I talk NFTs and let me tell you something. I have gone down the rabbit hole. I mean, I am all in.

1:19.0

Okay, to be fully transparent because I promise to take you along on this journey, the wins, the losses, the smart things I do, the stupid things I do, because I understand this is such a new and such an important space in our life.

1:32.0

I'm going to be fully transparent with you guys as I make investments and as I learn new things, that's kind of my gift to you as I learn you'll learn.

1:40.0

And so I'll share this exciting news with you. I have invested over $150,000. Yes, you heard that right. I've invested over $150,000 in the past two weeks since I did the last episode into NFT art and NFT memberships.

1:59.0

And all of those collectible things in just a couple of weeks time. I know some of you might be thinking I'm mad right now and others might be thinking I'm a genius right now.

2:08.0

And I'm doing it in part to learn as much as I can as fast as I can right full immersion like there's no replacement for fast learning than just diving in into the deep end. And that's what I'm doing.

2:20.0

And I'm also doing it in part to make a really big profit, hopefully.

2:26.0

I feel like I got an echo Gary Vee, so to speak here. He's famous for saying, hey, listen, 98% of these projects are projects that people are investing in.

2:34.0

They're not going to be around in a year or two years or five years or 10 years. It's just hype right now. It's just the very beginning example of how to use NFT technology and most people are just investing because they're speculating.

2:44.0

And I want to echo that to you. I am fully aware that probably 95% of all these projects I'm investing in right now will not exist or 95% of the projects, so I should say will not exist in a year or five years.

2:59.0

But I can also tell you that if you choose carefully and if you're in the inside circles and if you watch who's in this for the long term, then you're going to have a much higher chance of succeeding as you make some of these investments, but I'm going to share with you as I make them.

3:19.0

So today I wanted to share some NFT terms. You should know like the basics. You guys did such a good job of messaging me on Instagram after the last NFT episode saying you wanted more backpack.

3:31.0

I got 500% more DMs from that episode than any other episode I've ever done in almost 600 episodes. Let that sink in. If you think that NFTs aren't on everyone's mind, if you think it's not important.

3:46.0

I got over 500% more DMs from that episode more than Tony Robbins more than anything.

...

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