The Money Podcast

Are NFTs Legit?


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Ever since learning about NFTs Rob has been intrigued; he loves the revolution and evolution of art and business. As a former artist, NFT’s have really captured Rob as they are a merge between art and entrepreneurship. However, he has had many questions and doubts and in this episode, he explores the legitimacy of NFTs and why he believes they have value.

Robmoore.com/nft

KEY TAKEAWAYS 

  • One way to escape the risk of ‘pump and dump’ is to look for an NFT that has utility. Then even if the NFT itself drops, the attributes, perks and bonuses still exist.
  • Social proof is powerful. This is using social media, brand names and/or celebrities to create legitimacy. If you see this, fact check that it is real.
  • If NFTs are scams then so is Art, yet no one would ever say this. A j-peg is no different to a painting, what makes the Mona Lisa valuable isn’t the canvas and paint but because of the story behind it; NFTs can be the same.

BEST MOMENTS 

 “In my opinion you can’t really say that NFTs are a scam”

“All value is just a perception”

“NFT is a scam for those who run it as a scam, it’s legit for those who run it legitimately” 

VALUABLE RESOURCES

https://robmoore.com/

bit.ly/Robsupporter

https://robmoore.com/podbooks

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

“If you don't risk anything, you risk everything”

 

CONTACT METHOD

Rob’s official website: https://robmoore.com/

Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

LinkedIn: https://uk.linkedin.com/in/robmoore1979

 

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