Show notes
In today’s episode, Brian discusses a bear market question - which NFTs are worth HODL’ing in the long run? Using one of the featured #mint365 NFT as a case study, there are projects that can grow and thrive after a difficult history - even in a bear market. If your goal is making revenue, one has to decide on a project’s short-term versus long-term potential.
There are projects that can come back to life. How active are the founders and the current communication with the holders? Keeping in mind the current bear market and summer season, this can be relative. But a red flag is NO communication. What are the founders focused on in the short versus long term, and their likelihood of execution? Are the founders amplifying and sharing the project publicly, and not just to holders? Are founders open to collaborating and co-creating a diverse ecosystem? The days of executing project utility in a silo are over. A little grace is sometimes needed given the rapidly changing Web3.0 space and overall market; however, signs of growth potential can still be identified.
02:00 - Review of a featured #mint365 NFT, @PudgyPenguins
09:00 - Some red flags to look for, such as communication and likelihood of execution
11:30 - How are projects currently sharing and amplifying the project?
12:30 - The days of executing utility in a silo are over.
14:50 - A ninja trick for engagement
18:50 - A HODL mindset
20:30 - Caution about the influence of others in your of selling decisions
Featured NFT from the #mint365 collection (38/365):
@PudgyPenguins
#LilPudgy
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https://www.socialmediaexaminer.com/nft365
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As always: DO YOUR OWN DAMN RESEARCH
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