🟢 NFTs

Welcome to the 321 new entrepreneurs who joined last week. We launched an NFT with this report. Hey there, Welcome to the 321 new entrepreneurs who joined last week. Thanks to [Hiten Shah]( (Nira), [Max]( (Solid NFT), [Linda Xie]( (Scalar Capital), [Patrick Rivera]( (Mirror), [Ethan Jones]( (Tools for MGMT), [Ashwin]( ([Trends.vc](), [Stewart Townsend]( (Channel as a Service), [Yarty Kim](, [Rahul Prakash]( (Unlocking Blockchain), [Lu]( (OS Bundle), [Monika Birkner](, Edward Mcenrue, [Edward Rooster]( (The Big Stack) and [Edward Danilyuk]( (dock90). We had a great time jamming on this report. Let's talk about NFTs.  We [launched an NFT]( with this report. 👉 [Check it out on OpenSea](. ⏰ 6 hours left in the auction. This is a 1 of 1. The owner of this piece becomes a Lifetime Trends Pro Member. Note: Since this is our first collection, you may see a warning from OpenSea when bidding in the auction. Please disregard. What you'll learn: - Who raised $200,000+ for charity with NFTs? - What’s social investing? - What’s activity based income? - How can NFTs unlock experiences? - How will fractionalization impact NFTs? - How to build an NFT-gated community? - How do celebrities force appreciation? - (📈 Pro) Who raised $2,000,000 using NFTs? - (📈 Pro) What are revenue-generating NFTs? - (📈 Pro) Who turned 10 ETH into 800 ETH in 30 days with NFTs? - (📈 Pro) How do sales royalties work? - (📈 Pro) Who’s renting NFTs? - (📈 Pro) How are 1031 exchanges used for art? - (📈 Pro) What are synthetic assets? - (📈 Pro) How do NFTs change gifting culture? - (📈 Pro) What’s a skeleton project? - (📈 Pro) How do SaaS companies use NFTs? - and a lot more... Unlock Trends Pro ✅ Access All Trends Pro Reports ✅ Stay Accountable with Daily Standups ✅ Meet Curious Entrepreneurs in Weekly Meetups ✅ Discuss Reports with Domain Experts ✅ Collaborate on Upcoming Reports [Become a Trends Pro Member]( NFTs]( [View on OpenSea]( “Art brings us together.” 💎 Why It Matters NFTs transform art, governance, gaming, finance, charity, communities, logistics and more. 🔍 Problem Authenticity and ownership are hard to prove. Until now… 💡 Solution NFTs help you prove ownership of unique assets. Without intermediaries. ​​🏁 Players Marketplaces - [OpenSea]( • Largest NFT marketplace - [SuperRare]( • Curated marketplace - [Foundation]( • Permissioned marketplace - [Rarible]( • Has its own token ([RARI]() - [Async]( • Interactive NFTs - [Nifty Gateway]( • Drop-based marketplace Collections - [CryptoPunks]( - [CrypToadz]( - [Bored Ape Yacht Club]( - [World Of Women]( - [Art Blocks Curated]( - [Cool Cats]( - [Loot]( - [Lazy Lions]( Tools & Platforms - [Dune]( • Blockchain analytics - [Collab.Land]( • Tools for communities and creators - [Solid NFT]( • Turn NFTs into physical art - [Mirror]( • Community-owned publishing - [PartyBid]( • Buy NFTs as a group - [Fractional.art]( • Buy, sell and mint fractional NFTs 🔮 Predictions - NFTs will unlock online and in-person experiences. - A [BAYC event]( was just held in Chicago. - [VeeFriend]( owners get access to [VeeCon](. - Tickets to see Beeple’s [$69 million NFT]( cost [$475](. - [Disclosure]( sold an NFT which grants the owner [lifetime access]( to their shows. - NFT owners will force appreciation via ownership. [Jay-Z](, [Jason Derulo]( and [Odell Beckam Jr.]( own punks. [Steph Curry]( and [Dez Bryant]( own apes. Their ownership boosts the value of their items and everyone else’s. - Physical versions of NFTs will create embedding effects. [Buying prints]( of your NFT makes it less likely that you’ll sell the underlying asset. - NFTs will transform charity. Donations are easier to make. Funds are easier to trace. Donors can receive NFTs representing their contributions. - Sartoshi donated [50% of NFT proceeds]( to GiveDirectly - Jack Butcher [raised $200,000+]( for families in Afghanistan - Cryptonimals donates [royalties]( to help endangered species - Foundation helped [raise $8,000,000]( for Freedom of the Press Foundation - Activity based income will be used to deploy treasuries and direct efforts. - Each Noun in the [Nouns DAO]( is a vote in the treasury. - [Lazy Lion]( holders get [Roar Rewards]( for updating their profile picture and adding a crown emoji to their name. - Fractionalization will make “blue chip” NFTs more accessible. Boosting liquidity and valuations. There are 6969 [CrypToadz](. Fractionalization will lead to millions (or even billions) of owners. See [Fractional]( and [PartyBid](. ☁️ Opportunities - Build tools to make, exchange and manage NFTs. [Dune](, [Nansen](, [Rarity]( and [Icy]( help you find buying opportunities. [Collab.Land]( adds token-gated access to communities. [OpenSea]( helps you mint and sell NFTs. There are still gaps in the market: - [Rarity]( does not automatically add new projects. - We lack a robust [no-code]( tool to build [smart contracts](. - Launch an NFT media company. See the [Forefront]( newsletter, [Proof]( podcast and [Finematics]( YouTube channel. Learn while building distribution and optionality. - Launch an NFT-gated community. [Gen.art]( grants membership with NFTs. This assumes that your audience are early adopters. Shared tokens create deep alignment. - Advise NFT teams. There are [DAO politicians](. Where are the NFT advisors? Our fast-moving space has lots of information problems. Which smart contract should you use? What’s your go-to-market strategy? Which pitfalls to avoid? - Look at successful NFT projects to build a go-to-market strategy. - [VeeFriends]( and [NBA Top Shot]( used personal and business brands, respectively. These are brand extensions. - [Wicked Ape Bone Club]( followed [Bored Ape Yacht Club](. [Bloot]( followed [Loot](. These are unofficial derivatives of popular projects. - [Larva Labs]( (Meebits, CryptoPunks) and [Dapper Labs]( (CryptoKitties, NBA Top Shot) lobbied legitimacy from previous wins into new projects. 🔑 Key Lessons - Building an identity on an NFT creates embedding effects. The switching costs of selling are high. - NFTs create deep alignment in communities. [PFP projects]( align community members on identity, emotion and ownership. - Status symbols are changing. Signalling is an old job. NFTs are new tools. JPEGs are better signals than rolexes. - NFTs are a form of social investing. Owners can affect outcomes. As a Proctor & Gamble shareholder, you may buy the brands’ toilet paper. This has little to no effect on the stock price. As an NFT owner, you can meme and build utility. Asymmetric efforts. 😠Haters “I can just copy an NFT. Then I own it.”The more you copy an NFT. The more value accrues to the owner. You’re spreading the meme. “NFTs harm the environment.”Carbon-negative projects like [CryptoTrunks]( address this. As well as [Nori](. As for Ethereum, proof of stake takes less energy than proof of work. Everything affects the environment, including the infrastructure that supports you reading these words.  🔗 Links - [Boom]( • Stories from the contemporary art world. - [On JPGs]( • A thread addressing common tropes from haters. - [NFTs and a Thousand True Fans]( • Chris Dixon on how NFTs change creator economics. What else? [Trends PRO #0071 — NFTs]( has more insights. What you’ll get: - 14 Marketplaces (133% More) - 25 NFT Collections (212% More) - 14 Tools and Platforms (133% More) - 19 Predictions (216% More) - 10 Opportunities (100% More) - 11 Key Lessons (175% More) - 16 Links (433% More) - 33-minute audio episode with exclusive NFT stories, insights and opportunities. With Trends Pro you'll learn: - (📈 Pro) Who raised $2,000,000 using NFTs? - (📈 Pro) What are revenue-generating NFTs? - (📈 Pro) Who turned 10 ETH into 800 ETH in 30 days with NFTs? - (📈 Pro) How do sales royalties work? - (📈 Pro) Who’s renting NFTs? - (📈 Pro) How are 1031 exchanges used for art? - (📈 Pro) What are synthetic assets? - (📈 Pro) How do NFTs change gifting culture? - (📈 Pro) What’s a skeleton project? - (📈 Pro) How do SaaS companies use NFTs? - (📈 Pro) What are NFT derivatives? - (📈 Pro) How do NFT coupons work? - (📈 Pro) How to build a vertical marketplace? - (📈 Pro) How to fractionalize NFTs? - (📈 Pro) How to add utility to your NFTs? Unlock Trends Pro ✅ Access All Trends Pro Reports ✅ Stay Accountable with Daily Standups ✅ Meet Curious Entrepreneurs in Weekly Meetups ✅ Discuss Reports with Domain Experts ✅ Collaborate on Upcoming Reports [Become a Trends Pro Member](  Thanks, Dru Riley Founder, Trends.vc Trends.vc 101 Marietta Street Northwest, Atlanta Georgia 30303 United States You signed up on our website to discover new markets and ideas. [Unsubscribe](