I lied and I need to come clean.
In my last post, I shared the following...
The NFT world has stolen most of my free focus in recent weeks. Half of me is love drunk on the chance of being at the ground floor of a massive emerging market. A quarter of me is love drunk on the possibility of flipping into wealth in the near term. And the other quarter of me loves the thought of holding these as collectibles.
I figured it would seem more innocent to claim that just 25% of me was seeking a short term flip.
But come on man…Who am I kidding? My largest NFT investment was during the unbridled euphoria that encapsulated the NBATopShot marketplace near the end of January.
I was looking to make money, folks. This is the road to jobless after all.
And that quest for joblessness picks right back up today, with my attention still fixed on NFTs.
But while my attention has largely been focused on finding the next best NFT project, this morning I thought, "what if I could create the next best NFT project."
Narrator: He cannot.
I had a brief conversation with my brain.
Disclaimer: My brain may be similar in appearance, but should not be confused with Lil' Dicky's, much more vulgar brain.
It went something like this...
Me: Could I make my own NFT??
Brain: Ha, no you SUCK and you have no skills required to build an awesome NFT.
Me: Yeah but, it might be fun. Maybe it turns out gimmicky, yes, but people bought that video from Cuban.
Brain: You're not Cuban.
Me: Good point.
It may not seem it, but that brief internal dialogue was all I needed.
I watched a few YouTube videos. I consulted with some friends on design. And in less than an hour (should I be admitting how little time I spent?), I had my minted my own NFT.
Yes my friends. Non-Fungible Logan.
It's real. You can buy it. You can maintain verifiable ownership via the blockchain. You can see it in your "collectibles" tab on MetaMask.
And while I initially thought that I could turn this into something like the paperclip for a house ordeal, a real gimmick, the end result was actually something much different.
I've become even more bullish on NFTs.
The following spam messages I sent to some friends layout my case. Excuse some missing words, typos, and shorthand.
Yes, GOOD artists, have the ability to quickly put their work into the world, not worry about shipping, maintenance, and more - and still can retain royalties on the secondary market.
I continued spamming.
That's where I'm at. It feels inevitable.
Will some people prefer the “real thing?” Certainly.
Will a large group of folks see this as indistinguishable, should we find a better way to “share” and display them? I believe so.
I might be foolish. But I'm ok with being wrong on this one.