2022: The Year of the “NFT DAO”

Missed out on Bored Apes and Cryptopunks? March 29, 2022 [UNSUBSCRIBE]( | [WEBSITE]( [Altucher Confidential] “The conservative estimate is that 90% of the current NFT projects will become worthless as NFTs move to a new phase.” [HERO IMAGE] 2022: The Year of the “NFT DAO” By Chris Campbell Urgent Note From James – Response Requested By 03/29 [Read more here...]( Hey, it’s James. [I just made a massive change to my Altucher’s Investment Network newsletter.]( This is one of the biggest changes to a newsletter in the history of our business… As far as I know, nothing like it has ever been done before. What’s going on? In short, I’m adding 3 brand-new benefits to this all-new “Pro level” of Altucher’s Investment Network. And as one of my readers, I’d hate to see you left behind. That’s why – for a very limited time, until the timer below hits 0 – [you’ll be able to upgrade your current subscription to this new “Pro level” by clicking here.]( [Seriously. Just click here now to see how to claim your upgrade.]( [Read more here...]( But hurry. Once the timer hits 0, it’ll be too late. I’d hate to see you left behind. Gm. WGMI. NGMI. Vibing. Ape in. Rug pulls. If you’ve ever dipped your toes into the non-fungible token (NFT) market, you might be familiar with at least a couple of these terms. They’re all part of a new shorthand trading language in the wild world of NFTs. Today we’re going to talk a little about… Why most NFT degens (investors) ape into (buy into) rug pulls (scams) or bad projects and, therefore, they’re NGMI (not gonna’ make it)... And we’ll also talk — jargon-free — about the future of NFTs… and why you should (still) be paying attention. “More Than Just Beanie Babies” “Non-fungible tokens (NFTs),” says Tim Collins, editor of Altucher’s Investment Network, “have proven themselves to be more than just Beanie Babies.” Sure, he writes, “the ability to right-click save exists. Why buy an NFT, when I can right click save the PNG or JPEG on my computer, phone, or mobile device? Yes, you should but good luck selling that for $1,000 or $100,000 or even $1,000,000. All of those have happened, but only for NFT holders, not the right-click save folks.” Moreover, those who hold specific NFTs get rewarded just for holding, whereas those who simply ‘right-click and save’ do not. Recently, for example, all Bored Ape Yacht Club (BAYC) owners received an air drop (giveaway) of APE tokens, created by the founders of BAYC. Each holder received around 12,000 APE tokens per BAYC NFT they held. Upon writing, based on the current price of APE, each airdrop is now worth $139,000. That was free money dropped into their laps. That’s just one difference between someone who copied and saved the JPEG and someone who actually held the NFT. NFTs Gone Mainstream All of this might still sound ridiculous to you. If so, here’s Tim explaining the “secret sauce” of why NFTs are catching on like wildfire in July: “The biggest reason NFTs remain part of the mainstream and so many hold value is their ability to brand and create loyal, almost cult-like, communities. Some brands have grown so strongly they’ve attracted traditional corporations to get involved. Adidas has entered the space, partnering with the BAYC and Cryptopunks.” Not to be outdone, Nike also announced the purchase of RTFTK, which operates both in physical as well as NFT projects. “Prior to this,” Tim adds, “we mainly saw corporations buy an NFT in a project and send out a tweet announcing their entry into the digital world.” Now, Gucci and many top brands are “aping in” and minting their own NFTs. Here is your instant access link [Click here for more...]( is your instant access link to The Next Gen Crypto Summit.]( Keep in mind this is a first-come, first-served event. Anticipation is high, and with the special link above, you’ve got ‘first read’ access. By the end of the day, hundreds of thousands of folks will have had the opportunity to get the research on the 9 Next Gen Cryptos I believe will change the world. It’s been years since I’ve done something like this… And I’d love for you to be there. [Click here for access to the Summit]( What’s Next? DAO NFTs. “As we move into 2022,” says Tim, “the market will shift away from JPEGs of cute and cuddly animals into more of a digital economy usage of NFTs.” The conservative estimate is that 90% of the current NFT projects will become worthless in the coming months as NFTs move to a new phase. As Tim says, this new phase will be nothing like the last one: “NFTs aren’t going to go away. They are going to evolve into a securities function, a hedge fund and private placement competitor, and the new wave for even small investors to get involved in diverse projects that offer exposure to real life assets and decision-making.” Enter what’s called DAOs, which stands for decentralized autonomous organization. A DAO is an entity with no central leadership. Decision-making is made from the bottom-up, not from the top-down like traditional companies. In a DAO, everyone gets a say with what happens to the project-at-large. Members make proposals and DAO holders have a certain amount of time to vote for it. Of course, there are trade-offs to this approach, but it will revolutionize the way we build companies, brands, and invest in everything from real estate to fine wine. Wyoming was the first state to introduce [a bill making a DAO a legal structure](. Expect more states to embrace this unique way of forming businesses. In fact, all signs point to 2022 becoming… The Year of the DAO “This year,” says Tim, “expect a huge rise in DAOs as new NFT projects drop under which the holders will be able to decide how projects operate. This may include how farms are managed, what flavors of coffee a Starbucks competitor will create, what island to purchase for the benefit of the community, Etc.” In the years to come, says Tim, we’re going to see professionally managed teams, traditional and in the metaverse, operating under an NFT-DAO structure. Imagine holders of NFTs being able to vote and decide who will be drafted and who will start a game. DAOs are just one exciting trend on the rise. Make no mistake… We’re on the lookout for the “next big thing.” And, in fact, we think we found it — in the last place most people think to look. (On the Bitcoin blockchain.) We’ll be revealing it to our members of Early Stage Crypto Investors. As crypto continues to heat up, you’re not going to want to miss it. If you’re not already a member… [Click here to see if ESC is right for you.]( Until tomorrow, [Chris Campbell] Chris Campbell For Altucher Confidential Strange 2021 Prophecy Rapidly Coming True [Click here for more...]( #1 Futurist George Gilder is telling American’s to “brace yourself” for the coming $16.8 trillion revolution. This same revolution could redefine millions of jobs and radically transform the way just about every major corporation does business. It could even change the way you get paid, save and invest for retirement. [And, says George, it could make you exceedingly rich — click here to see why.]( Subsribe To My Podcast [The James Altucher Show]( [The James Altucher Website]( [Subscribe With YouTube]( [Subscribe On Messenger]( [Subscribe With iTunes]( [Connected on LinkedIn]( Add AltucherConfidential@email.threefounderspublishing.com to your address book: [Whitelist Us]( Join the conversation! 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