Hope everyone enjoyed their weekend with their family.
Now, let’s get straight to business. We all know time is changing, we’re living in a time that everything is turning “digital”. We all heard of “Bitcoin” aka cryptocurrency and how it’s making the average Joe become a millionaire. Five years ago, who would of thought a $40 stock(Bitcoin) would turn into almost $60,000 a coin, today. I was once told when you invest in the Stockmarket you have to think of it as a long term investment. It will payoff in the long run.
Cryptocurrency is here to stay. That being said the new and excited thing in the blockchain space is NFT. What is NFT you may ask? well it’s A non-fungible token, that is a digital file whose unique identity and ownership are verified on a blockchain. NFTs are not mutually interchangeable. NFTs are commonly created by uploading files, such as digital artwork, to an auction market. So if you’re an artist you can upload your painting or music to an auction market and whenever your painting gets sold you get a % of the sale. Did I just say “Everytime “ it sells? YES!
You will always get paid as long as it continues to sell. So, your children’s children can still get paid off of your work. To those dad’s raising a future creator make sure you get familiar with NFT’s. This a new way for creators to make a living.
Check out my guy and fellow Dad Miguel Sanchez, better known as @MsanchezWorld on how NFT’s work and how you could benefit from using this new technology.
Did y’all see the news this past weekend? The artist Beeple sold one of his paintings for $69.3 Million, making it one of the most expensive paintings sold using NFT! WOW… Again get familiar with NFT if you’re a creator and want to set up your family financially for life? Get IN NOW!!!
Post By Danny Reyes
Cover Photo by Nick Chong on Unsplash