The beauty of NFTs is there is no one right way of participating yet the reason many get overwhelmed with NFTs is that there is no one right way of doing things.  When it comes to being new to NFTs most focus on what NFT they should buy first but really it all comes down to the type of NFT participation and value you are seeking.  Are you a

NFT Collector

NFT Investor

NFT Owner

Now it might seem pretty straight forward in picking one of these 3 roles but the complexity comes in that in many cases you will have a different role in different NFT projects and in almost all the cases you will be surrounded by others who own that same NFT but have completely different goals and value that they are seeking from this project.  

The magic happens when you stay true to what your goal and value was for getting into a project which might sound easier than you think.  I share in this episode a couple scenarios where I had the strategy and was committed to my goals yet fell victim to others emotions and the overall vibe of the community and ended up making decisions that were ultimately bad or just the opposite of what I had hoped for when getting into the project. 

Today's Alpha Minute:

Gary Vaynerchuk-Backed Swoops Raises $3.5 Million for NFT Basketball Game https://decrypt.co/97521/gary-vaynerchuck-backed-swoops-raises-3-5-million-for-nft-basketball-game