Welcome to the Wild West of Web3

I recently had coffee with a former business partner last week (hey, Adam!) and we caught up on life, my recent travels, our families, and then got to the topic of the day: NFTs.

I am still new to the NFT game and working my way through understanding what it is and how it all works. We talked about it together to try to help each other, but our conversation got to the root of the NFT challenge:

Aside from the struggle to often find value in the majority of these NFT projects, it is difficult to understand what tools to use and how it is all connected. Suffice it to say we are both working our way towards a deeper understanding.

But that aside, it is clear that the crypto world and the NFTs (and FTs) that come along with it are currently operating in the Wild West. There is not a predominant path towards ownership and management of these assets. And until that happens it will be more difficult to extract true value from these assets. Once we begin to have a real and understandable ecosystem, we will all join in and participate.

But the takeaway here is clear (at least for me): Go and explore. Find a NFT that looks interesting and set up your wallet and buy it. See how it works. Go and get curious and then you can find the special place of the unknown and all the magic therein.

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