42 min

Art of the Steal - How to Create the PERFECT NFT Grift All About Affordable NFTs

    • Technology

Theme: How to run the perfect NFT Grift 

Extreme anonymity OR Extreme Celebrity with attention
Us vs them
10k or less batch (so you can control high % of assets)
Credible NFT whale or influencer
Over subscribed WL - must sell out
High creator fee, 10% or more
Proof of winners, Ponzi round of wash trading on rare items
Hyped moment in the future that is exciting and nonspecific
Tokens and staking
Unrevealed art and then passible art
Outside investment news to the company
Exclusive social entry
Nonredeemable Utility events
Second and third round of NFTS 

Project: CollectTrumpCards  
https://opensea.io/collection/trump-digital-trading-cards  
NFT News
The Block: Magic Eden bolsters gaming support via Polygon NFT minting and trading 
The Block: Magic Eden introduces discount and rewards system for marketplace users 
Flow Hits New Low After NFT Trading Craters, Dapper Downsizes - Decrypt 
MetaMask Mobile Users Can Now Buy ETH Using PayPal - Blockworks  
Animoca Brands To Launch PFP NFT Collection: Mocaverse 
Donald Trump's 'major announcement' is a cringey line of $99 NFTs — of himself 
Rough Transcript:
[00:00:00] Today on all about affordable NFTs, we're just gonna cover hypothetically how, how you'd run the perfect N F T grift. It's like, how would you do it? What are the elements? What would it look like? What would you need? So first off, Andrew, what is, uh, what's going on in your wallet? What's. Oh man. So I playing or I played around Alene.
[00:01:10] Oh, I think it minted a couple. One in my main wallet of this. Uh, well, I don't know, I should get into the maybe next project, next episode. Um, we've talked, look, there's this cool project from Deca. Deca has been doing some cool stuff. Um, they have one from, um, that's. Matt Cain, cool artist called Etch. I've been playing around with it.
[00:01:32] You can MIT these. They're like, I dunno, they're very cheap to mit, but they, you can combine them with, um, with NFTs that you already own and then add words to them. Um, deck has done a, done some interesting projects they definitely work with, with impressive artists. And they come back to these projects to eventually close these things.
[00:01:53] And, um, so I take a look at them. If you're, uh, , you know, I dunno. Maybe I can get into it more another time, but that's something I've been playing with anyway. New in my wallet. . Yeah. Spoiler alert. We may feature it in our next, uh, next episode a bit more. Uh, Daven and Daven have to buy something new. Yeah, they're, they're cool, they're cheap.
[00:02:13] They're, I think they're like oh, oh eight. Nice. All right. I'm happy to say I've, uh, I foamed in, uh, I missed my reserve price because I just fell asleep at the wheel. But I, I foamed in, I got myself one of the, uh, one of the cock punch, uh, little roosters. Uh, after seeing that, uh, Tim Ferris was like legit starting that podcast, launched actual episodes is creating content around it.
[00:02:39] And also, uh, I kind of like was pulled in after I saw that even on his main podcast, he's using his ad. To promote it, uh, which is, you know, is pretty sizable. So if he continues to do that, that ad space just has value in and of itself as an attention. and you know, he's talking to Steven Presfield, the guy wrote that.
[00:03:00] You gonna have to skip six minutes now before I start listening. . Hell. Yep. 17 minutes in, you get 30 seconds of content. Uh, I'm kidding. I'm kidding. It's valuable. It's because people listen to themed into it. Yeah. IED into it. Um, yeah, I just took a look. Those, those, uh, etch pieces are 0.008, which as we, as we look at this right now is about $10.
[00:03:24] Um, so, you know, don't, they're not going to go up a lot in value immediately. This is something that, you know, you can get them for that price. Obviously people are going to just keep getting, uh, new ones. Um, I think the idea would be for what you could potentially do with these, what they might

Theme: How to run the perfect NFT Grift 

Extreme anonymity OR Extreme Celebrity with attention
Us vs them
10k or less batch (so you can control high % of assets)
Credible NFT whale or influencer
Over subscribed WL - must sell out
High creator fee, 10% or more
Proof of winners, Ponzi round of wash trading on rare items
Hyped moment in the future that is exciting and nonspecific
Tokens and staking
Unrevealed art and then passible art
Outside investment news to the company
Exclusive social entry
Nonredeemable Utility events
Second and third round of NFTS 

Project: CollectTrumpCards  
https://opensea.io/collection/trump-digital-trading-cards  
NFT News
The Block: Magic Eden bolsters gaming support via Polygon NFT minting and trading 
The Block: Magic Eden introduces discount and rewards system for marketplace users 
Flow Hits New Low After NFT Trading Craters, Dapper Downsizes - Decrypt 
MetaMask Mobile Users Can Now Buy ETH Using PayPal - Blockworks  
Animoca Brands To Launch PFP NFT Collection: Mocaverse 
Donald Trump's 'major announcement' is a cringey line of $99 NFTs — of himself 
Rough Transcript:
[00:00:00] Today on all about affordable NFTs, we're just gonna cover hypothetically how, how you'd run the perfect N F T grift. It's like, how would you do it? What are the elements? What would it look like? What would you need? So first off, Andrew, what is, uh, what's going on in your wallet? What's. Oh man. So I playing or I played around Alene.
[00:01:10] Oh, I think it minted a couple. One in my main wallet of this. Uh, well, I don't know, I should get into the maybe next project, next episode. Um, we've talked, look, there's this cool project from Deca. Deca has been doing some cool stuff. Um, they have one from, um, that's. Matt Cain, cool artist called Etch. I've been playing around with it.
[00:01:32] You can MIT these. They're like, I dunno, they're very cheap to mit, but they, you can combine them with, um, with NFTs that you already own and then add words to them. Um, deck has done a, done some interesting projects they definitely work with, with impressive artists. And they come back to these projects to eventually close these things.
[00:01:53] And, um, so I take a look at them. If you're, uh, , you know, I dunno. Maybe I can get into it more another time, but that's something I've been playing with anyway. New in my wallet. . Yeah. Spoiler alert. We may feature it in our next, uh, next episode a bit more. Uh, Daven and Daven have to buy something new. Yeah, they're, they're cool, they're cheap.
[00:02:13] They're, I think they're like oh, oh eight. Nice. All right. I'm happy to say I've, uh, I foamed in, uh, I missed my reserve price because I just fell asleep at the wheel. But I, I foamed in, I got myself one of the, uh, one of the cock punch, uh, little roosters. Uh, after seeing that, uh, Tim Ferris was like legit starting that podcast, launched actual episodes is creating content around it.
[00:02:39] And also, uh, I kind of like was pulled in after I saw that even on his main podcast, he's using his ad. To promote it, uh, which is, you know, is pretty sizable. So if he continues to do that, that ad space just has value in and of itself as an attention. and you know, he's talking to Steven Presfield, the guy wrote that.
[00:03:00] You gonna have to skip six minutes now before I start listening. . Hell. Yep. 17 minutes in, you get 30 seconds of content. Uh, I'm kidding. I'm kidding. It's valuable. It's because people listen to themed into it. Yeah. IED into it. Um, yeah, I just took a look. Those, those, uh, etch pieces are 0.008, which as we, as we look at this right now is about $10.
[00:03:24] Um, so, you know, don't, they're not going to go up a lot in value immediately. This is something that, you know, you can get them for that price. Obviously people are going to just keep getting, uh, new ones. Um, I think the idea would be for what you could potentially do with these, what they might

42 min

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