I know that right now everyone’s screaming “NFT winter!” To which I say, let it snow! Ready to sift the digital wheat from the chaff—the Bored Apes from the truly innovative art and culture? The market's down? Good. It's cleansing time! You know that viral image of the dog sitting in a burning house with the caption “This is okay,” right? Yep, that’s what I used to think prior to the crash. Now? Save As I write this, I am now the proverbial dog after it’s come, burnt but better equipped to build again.

This is not financial advice, and I consider myself a financial novice. I’m a trends editor now, sure, but I still own one heck of a wizard hat NFT! It is a survival guide, an “Embrace the Chaos” manifesto for the NFT space. Consider me your quickly unhinged, thoroughly meme-pilled crypto Virgil guiding you through the web3 inferno.

Ditch Hype, Find True Utility!

Forget JPEGs of bored-looking primates. Seriously, who needs another one? The future of NFTs isn’t about flexing your digital wealth, it’s about taking action. Picture this, in-game assets that actually enhance your gaming experience. Imagine metaverse realty, where you could build—or rent out—virtual storefronts, combined with NFTs that can be used to unlock access to exclusive real-world experiences.

Imagine NFTs during the internet’s Wild West days. Take a step back to when everyone was only doing brochure-ware websites. Now look at us. NFTs are poised for the same evolution. We’re getting past the “look at me” stage and into some real usefulness.

Community Is Queen (or King!)

A passionate and engaged community is often the linchpin to the success of an NFT project. It’s the difference between a dusty ghost town and a smart, successful thriving metropolis. Look for communities with passionate, engaged members, active Discord channels and a real feeling of community and belonging.

Don't just lurk! Get involved, engaged, and be welcomed as a most worthy member of the tribe. As we say, a digital rising tide only floats the boats designed to be digital from the start. Connect with the project that aligns with your values, the community that calls to you.

  • High-quality Community: Dedicated and engaged members
  • Active Channels: Actively used Discord channels
  • Genuine Feeling: A sense of belonging for members

Diversify or Die (Digitally!)

The first mistake is putting all your crypto eggs in one digital basket. But as we’ve covered extensively, the NFT market is incredibly volatile, unpredictable, and quite honestly, bonkers. Diversify your NFT investments across various NFT assets, different blockchains, and even other asset classes (gasp! Traditional investments!).

Think of it like this: you wouldn't wear the same outfit every single day, would you? Fine, maybe you wouldn’t. No shame. Your NFT portfolio needs variety, too. Don't be a one-trick pony. Be a digital chameleon!

DYOR (Do Your Own Ridiculous Research!)

This isn't your grandma's stock market. So don’t suck down the magic potion offered by some well-coiffed snake oil salesman on YouTube. So trust your gut and fact check, even if that guru is yours truly! Dig deep. Get familiar with the project’s roadmap, team, tokenomics, and long-term vision.

Get through the whole whitepaper (including the dry sections). Scour the Discord channels. Ask tough questions. Don't be afraid to be skeptical. For the love of Satoshi, don’t invest more than you’re willing to lose. Welcome to the digital wild west, where snake oil salesmen abound.

Become a Meme Lord

Memes are the lifeblood of the internet. They’re how we tell our story, they’re how we bring people together, and they’re how we move the needle. Recognizing the business potential of memes is key to successfully operating in the NFT world.

Strike viral gold by using memes to shill your favorite NFT projects (in good taste, naturally). Create your own memes. Share them with the world. Be a digital cheerleader for the projects you really want to see happen. After all, you never know when a perfectly-timed meme will do the work of a thousand marketing dollars.

Awe/Wonder: Imagine the power of uniting a community through a shared meme, a symbol of their collective belief in a project.

The NFT market is exhilarating and intimidating, filled with possibility. The “experts” predict we are on the brink of an economic catastrophe? Perfect! Therefore, when I say buy the dip, it’s not just about buying BTC on a downturn.

So nerd out, hone your craft, and get prepared to kick some butt! (And don't forget to send me memes!)