If you’re an entrepreneur looking to start a business creating and selling NFTs, it’s important to have a solid foundation of knowledge before you dive into this new market.
Having a solid grasp on what makes a good NFT will take you very far in this space. “The more time you spend in this space, the more you’ll get a handle of the fundamentals of what makes a good NFT. The more you learn about what actually makes a good investment, the more likely it is that you’ll have success,” says Maegaard, who looks at the underlying principles of why something could become potentially valuable, and uses that to guide his decisions in buying or selling.
“You need to schedule time every day to go onto Discord and Twitter, check Rarity Sniper and Flips Finance for changes, and see if there's any new listings that could potentially be a good buy.” Spend as much time as possible in Discord and Twitter communities to be sure that you’re staying current, and if possible, ahead of some of the trends.Maegaard’s advice is to have a really solid foundation of knowledge before you start investing in or creating NFTs.
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