The Definitive Guide to NFT Investing: Learn to Profit From the NFT, Metaverse, and Crypto Gaming Connection
By Wayne Walker
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About this ebook
In The Definitive Guide to NFT Investing, investment author Wayne Walker offers a comprehensive look into the NFT ecosystem. He shares powerful investment strategies that can be used by both beginners and more advanced market participants. You will quickly learn and understand the connection between NFTs, the metaverse, and cryptos. Wayne has written books on cryptos and the blockchain, which gives him a unique insight into this connection. It is knowledge that you will be able to use to your advantage.
This book does NOT have a goal of selling you on the idea of NFTs, that is a decision you will have to make on your own.
This book is for those who have one eye on reality and the other on the possibilities. No wild talk about making quick millions...but between zero and a million there is a lot of room to make smart investments.
By the end of the book you will be among the most informed and updated about the NFT ecosystem. Wayne also reveals how the insiders really make money and how to use their strategies to make your profits. The book includes:
- How to invest in NFTs like a professional
- Be among the first to fully understand the possibilities of the metaverse
- Learn the secrets of those that actually profit from NFTs
- Clearly understand the important connection between the metaverse, NFTs, and cryptos
- Discover some of the best ways to profit from NFTs without buying them
- Finally get straight and plain talk about what is it that you own when you buy an NFT, it is probably not what you think
- A quick guide of the steps needed to create your first NFT in under 30 minutes ( Wayne has his own NFT collection and knows the process)
- Discover how some people are earning cryptos from playing games!
Wayne Walker
Wayne is known for the success that his students and readers of his books have. He is a trader trainer, coach and entrepreneur in demand. From his base in Copenhagen, this demand has led to trader training & speaking engagements in the United States, China, Jamaica, Norway, United Kingdom, Sweden, etc. Prior to Europe, he was based in New York City. His books are used to teach some of the world's brightest for ex. at Copenhagen Business School & Nanjing University. *Read any 2 of his books and get a huge discount code towards any of his elearning courses! Send proof of purchase to info@gcmsonline.info He is also a guest columnist to several financial magazines, for example CryptoCoin.news and in Spanish at Estrategias de Inversión. He has held several positions in investment banking including: Regional Manager for teams of Investment Advisors servicing North America & Middle East Regions (based in Denmark and London), Training Consultant to financial institutions. He also headed the Trader Training program at a leading investment bank.
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Book preview
The Definitive Guide to NFT Investing - Wayne Walker
TABLE OF CONTENTS
INTRODUCTION
IN ITS SIMPLEST FORM
MILLIONS FOR WHAT?
WHAT DO YOU OWN?
THREATS TO THE ENVIRONMENT
SCAMS AND THREATS
PROTECTING YOUR ACCOUNT
THE METAVERSE
GAMING: GET PAID TO PLAY!
FORGET ABOUT EASY AND QUICK PROFITS
NFT RISK MANAGEMENT
HOW THE INSIDERS MAKE MONEY
ONE DEADLY NFT AND OTHER TRENDS
WHAT IS NEXT FOR NFTS?
THE STEPS NEEDED TO MINT YOUR FIRST NFT
CONCLUSION
THE BLOCKCHAIN & SMART CONTRACT CHEAT SHEET
ESSENTIAL NFT, METAVERSE, & GAMING VOCABULARY
PROFILE OF THE AUTHOR
SOURCES
INTRODUCTION
Welcome to the world of NFTs (non-fungible tokens)! It has been difficult, if not nearly impossible, to escape hearing about NFTs. They are the most talked about addition to the crypto and blockchain worlds. As with many new things, there is plenty of information and misinformation floating around, which can make it difficult to be sure about what is true and what is just noise. One thing we know for certain is that billions of dollars have entered the NFT market. This explosion of investment activity, and what it could mean, is what we will explore in detail. This exploration will also include us visiting, learning about, and connecting the sister worlds of NFTs; the metaverse and crypto gaming. In addition, I have also included my personal experience with creating NFTs near the end of the book.
The current opinions on NFTs are just as diverse as what we heard in the even earlier days of cryptocurrencies. Some believe NFTs are idiotic, a waste of money, and just horrible for the environment. No surprise, there are others who say NFTs are the future of the internet and that they should be included in your investment portfolio. These fans see NFTs as a way to own a part of Web3*, which according to them, is also the future of the online world. I can promise you we will explore this new world without hype, and by the end, you will clearly understand how NFTs may be of benefit to you and what traps to avoid.
* Web3 is the next or third generation of the internet, it is based on blockchain technology and token-based economics. It is still very new and the final definition of Web3 might change after this book is published.
Before we dive in
Before diving into NFTs, there is the assumption that you have some basic understanding of blockchains and smart contract concepts. While NFTs are new, the technology that is being used to create them is not. Therefore, it is important that you understand these underlying concepts. If you have read any of my other books on blockchain technology, then you will be fine. If you have not read my other books, or if you have and you need a refresher, please read the section, The blockchain & smart contract cheat sheet
before beginning (it is only a couple pages). I did not want to place it at the front of the book to slow down those already familiar with these concepts.
IN ITS SIMPLEST FORM
In its simplest form, an NFT is