Episode 181 – The World of NFT’s with Desmond Dixon

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The World of NFT’s with Desmond Dixon is our latest episode of Business Growth Time.

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About Desmond Dixon:

I connect sales professionals with entrepreneurs while podcasting, consulting, and traveling the world. I enjoy investing in Real Estate, NFT’s, and Books. I have millions in sales experiences and enrollments in the thousands. I believe in an abundance mindset and I love to connect like minded people together.

Time Stamped Show Notes:

6:12 – What are NFTs? ( Non-fungible tokens )

An NFT is a digital asset that represents real-world objects like art, music, in-game items, and videos.
There are just different forms of access and you can tie different incentives to that in order to make it more valuable.

07:52 – Gary Vaynerchuk on NFTs

His play in the NFT space is so well thought out, like he has so many smart people around him where they are literally playing the long game
He also connects his NFT around his books.
He also tied it to his conference.

11:15 – The History of NFTs & How They Got Started

NFTs have been around since the 90s.
It’s branded differently in a very exciting way and the access for other people to get involved and create different applications.

13:39 – Mark Zuckerberg says NFTs are coming to Instagram soon

Desmond thinks that they’re going to have a hard time really creating some traction in the Metaverse or NFTs in general.
He sees players like Coinbase more making a bigger leap, because Coinbase has a ton of people, like millions of people who have a wallet. Plus, they provide so much dedication to education and safety and security.

15:52 – CryptoPunks launched in June of 2017

CryptoPunks is one of the first NFT collections on the Ethereum blockchain.

16:24 – What does Desmond see happening moving forward in NFTs?

If you can go with that mindset with NFTs and with the vision, anything is possible.
There are going to be so many creative applications and brands coming out of this.
Branding is going to be the biggest thing coming out of NFTs.

21:27 – What is the access of the Apes?

25:32 – How to set up NFT?

Everything is open source, so, everyone’s about abundance and in an NFT marketplace.
You should probably have a developer work with you on a contract to at least make sure that you don’t get scammed.
Everyone can do it, it’s just a matter of time, just like anything in business, it’s all about what are you willing to learn and who are you willing to meet to make it a reality.

29:44 – NFT Strategy: Everything You Need to Know to Get Started

Getting on Twitter, getting inside of discords, and just really learning by just start buying.
Never click links in DM in Twitter or Discords, be safe
Just buy interesting projects with communities that you vibe with and just get a feel, because you’ll once you have skin in the game, it’s easier to you’ll start to see patterns.
Just buy a couple of NFTs and jump in some discords and just kind of get a good feel for the market, you’ll learn in your own intuitive way.

33:43 – How does NFT Real Estate work?

So, imagine you buy an art piece in real life, then you get the representation of that art as the owner on the blockchain. So, you know that you’ve owned that piece of art and when you sell it to someone else they know that it came from the original source, because it’s on the blockchain

35:54 – Where you can find Desmond Dixon and learn more about NFTs.