Culture Bully

sharing culture and lifestyle with the world

  • Home
  • About
  • Foods
  • Business
  • Traveling
  • Lifestyle
  • Business
  • Technology
  • Celebrations
  • Holiday
  • Health
  • Blog
  • Contact

in Blog

NFT Projects Explained: CEO of Earnity, Dan Schatt, on Themed Collection Models for Your Crypto Collection

With personalities like Logan Paul, Gary Vaynerchuk, Paris Hilton, and Steve Aoki making millions with non-fungible tokens (NFTs), more and more people have also started looking into blockchain-stored assets. Some celebrity-backed projects amount to billions of dollars.

However, the CEO of Earnity, Dan Schatt, warns against blindly buying in NFT projects and collections endorsed by your favorite influencers. Remember: no one can predict market trends. Even if all the early adopters promote a specific project, it can still perform poorly if it ends up a fad.

To ensure that your money stays safe, do your own research. Instead of limiting yourself to the same caricatured apes, lions, bears, and llamas, look into upcoming ones like:

Cryptopunks

Yes, these 24×24 pixel art images have a total volume of 501,303.91ETH0—or $1.3 billion. Unfortunately, each piece requires a $350,000 to $500,000 purchase. However, if you have that kind of cash and want to own one of the most talked-about, widely recognized NFTs, then look into this project.

Sneaky Vampire Syndicate

The Sneaky Vampire Syndicate consists of 8,888 unique vampire caricatures. Each piece contains a distinct feature. The project totals 12,253.44ETH, with each piece costing around $1,600 to $2,000.

Mutant Ape Yacht Club

The Bored Ape Yacht Club (BAYC) has already taken off, and most Apes cost six to seven digits nowadays. If you want a more affordable alternative offering the same potential, the CEO of Earnity, Dan Schatt, suggests the Mutant Ape Yacht Club.

The cheapest Mutant Ape fetches around $50,000. It’s still a lot of money. Considering that the most expensive BAYC sold for nearly $3 million, it might be a worthwhile purchase.

Bottom Line

Ultimately, NFTs are blockchain-stored assets. The CEO of Earnity, Dan Schatt, advises testing them the same way you would any physical item (i.e., watch, jewelry, house, car).

Don’t blindly go with popular, trending projects. Instead, buy in options that resonate with you. Your NFTs should align with your interests. Let’s face it—most NFTs will take months to appreciate. If you have zero interest in your digitally acquired asset, you might find yourself giving into negative emotions and selling prematurely.

0 Shares

« 10 Tips to Build a Strong Personal Injury Case
How to Cope with Postpartum Depression? »

About

Hi Friends! I’m Corey the Culture Bully! I’m not here to bully you into loving culture like me, haha. But I am here to show you how great it can be to integrate other cultures into your life. Whether it’s through travel, food or decor, there are so many ways to learn and express other cultures in a fun and exciting way. Read More…

Popular Posts

News Latter

Facebbok

Culture Bully

Follow Us Online

  • Facebook
  • Instagram
  • LinkedIn
  • Twitter

About

Hi Friends! I’m Corey the Culture Bully! I’m not here to bully you into loving culture like me, haha. But I am here to show you how great it can be to integrate other cultures into your life. Whether it’s through travel, food or decor, there are so many ways to learn and express other cultures in a fun and exciting way. Read More…

Latest Posts

  • Protection from pathogens
  • 5 Characteristics of Spiritually Gifted People – Are You One of Them?
  • Steps for a Successful Rolls Royce Wraith Rental in Atlanta
  • 5 Apartment Decorating Hacks
  • 5 Great Tips for Effective School Management

Follow Us Online

  • Facebook
  • Instagram
  • LinkedIn
  • Twitter

Facebook

Culture Bully

Copyright © 2023 · Market theme by Restored 316