it is the start of a new quarter.
that means it’s time to get to work 😤
for me, that meant building out a minimal viable website for The NFT Survival Guide.
what are you going to get learning about or working on in Q2?
here are a few things I’m getting educated about for this quarter in NFTs ⤵️
ALPHA ⚓
ERC-404
ERC-404 is an experimental standard for NFTs.
essentially, it blends standard ERC-20 and ERC-721 creating a kind of hybrid between coin and NFT.
(or so I’ve been told)
after I do my research, I’d like to see what projects are building on ERC-404 already. hybrid NFTs have been a thing for a while, but with ERC-404, on paper, I could see a run on them. I can already see people tweeting about the TECHNOLOGY!
plus, it’s a cool way to inject some much-needed juice into a stale NFT projects.
something to keep an eye on…
BETA ⚓
NFT Lending
degens love leverage.
I learned from the last cycle that there is not a debt a mfer won’t take on to buy an NFT or ape in to the latest memecoin.
it also feels that NFT lending has gotten more sophisticated over the last few years.
NFTfi seems to be “industry standard” right now, so I’ll be diving into its competitors and NFTfi’s UI to see if it’s user-friendly.
if it is, I might be putting up some collateral or lending out some ETH to get a head start on foolz 👀
DELTA ⚓
Base & Memecoins
I think it would be fun to create my own memecoin to get in on the craze. $BIV? I’m liking the sounds of it…
jokes aside, BASE seems here to stay. it’s been in vogue with artists and degens alike. if memecoins remain a thing too, there will be a need right now for people who understand everything BASE.
if the craze continues, you could stand to make a few bucks by learning about BASE and the culture behind its “memecoins”.
GAMMA ⚓
Farcaster (aka the Purple App)
last but not least is the Farcaster, a new Twitter/X alternative that’s popped up and gained some traction with the Web3 crowd.
what makes it better than your other Twitter copies out there, you ask? (I’m looking at you Threads and Bluesky).
it’s on the blockchain and even has its own $DEGEN token. on the app (called Warpcast in the Apple App Store), you can tip people in their native currency and you can trade it like you would any other token.
this financial incentive to creating content on Farcaster gives it some legs.
in fact, it’s made quite a few people rich already…and you just need to pay $5 to cover your blockchain transactions for the year.
I would love for us to be one of those people that gets rich from NFTs this quarter. what else did I miss that you think will be popular?