Let me just do the casual check, make sure it's all working.
What's up, everybody?
Hopefully you can see us and hear us.
Yeah, we're live.
We're rocking and rolling.
And hello, hello, everybody.
It's great to be with you.
What a privilege to get to hang out again.
It's been a phenomenal, phenomenal mentorship.
And we have only got a couple weeks left.
And so we're going to go hard and fast with a bunch of people who are really, really excited
about bringing massive impact to the global space in the emerging financial streams that
are that are coming together.
And as you can see, I was at a business conference this morning.
And so I dressed up nice and fancy just for today, just to be with you guys.
And it's fun, but I want to welcome my good friend, Mr. Eric Skeldon, who is one of the
most exciting entrepreneurs that I know around the world today.
And the big reason is because he has just jumped in completely, you know, taking that
step of faith, choosing to add value in every, every circumstance, walking, walking it out
by faith, making massive business happen, and so many amazing things are going on.
But Eric, welcome.
Welcome to the crew.
Hey, happy to be here, Seb.
You're awesome.
Love what you're doing.
And man, support you all the way.
And, you know, from here to New Zealand, to South Africa, all over the world, wherever
you guys are, just, yeah, you're in a great place.
If you're in a great place, you're in a great place.
You're in a great place.
You're in a great place if you're in Sebastian's community, and yeah, I'm always inspired by
Sebastian, and Vinji, and all them.
Awesome, awesome.
Cool, cool, cool.
Well, guys, today's session we are going to deep dive into NFTs, and I know a lot of
you guys have been really excited about hearing more about NFTs, have been asked a lot, and
I know there's a lot about how on earth do I get started in NFTs?
What does that look like?
How do I engage with NFTs, because it seems like this crazy world out there that I don't
quite understand, or how it all engages, and what does Bitcoin have to do with crypto,
with NFTs, and all these questions get asked all the time, but it's so fun, because people
are getting to explore creativity in a fresh new way, and Eric, I know we've got you for
30 minutes, for another 25 minutes, so I want to take the most of your time, and then after
you jump off, I'm going to do a bit of Q&A for people, but I'd love for you to just unpack
how did you get into NFTs, and what was kind of your process, because I know your story
there is awesome.
Yeah, so I got into NFTs really, you know, I was doing some business consulting, and
I was kind of just like doing some consulting, and I was just like really just like, man,
like this is not in my field of favor, like where I was like happy doing it, and then
so on the side, I just felt like God just kept, you know, as you know, just like everyone
else, we're scrolling through social media, and I was, you know, I just keep seeing stuff
about NFTs, and blockchain, and GaryVee, and you know, saying this NFT technology, blockchain
technology in the future, which I was always a big blockchain advocate, but I was like,
well, how does blockchain tie into NFTs, how are people selling these board eight monkeys
for millions of dollars, and I was like, right, there has to be more to this than what meets
the eye, and you know, what meets the eye, you know, we're visual creatures, so we see
art, and we get attracted to art. So that's what attracted me, the art, and like the art,
I would say the art and the money attracted me, but then once I, once I researched it,
and I dug deeper into this blockchain, and the smart contracts and utility of the art,
I found out that, I mean, there's this amazing community, amazing opportunity where web three
technologies really bridging the gap of the world to be in this one place, which is this
obviously the internet, right? We're in the internet, we're meeting up in the community
upon the internet, on these servers, where we meet on discord, we meet on, like in discords,
you know, servers, which it's kind of like the Wild Wild West, but in a way, I like it
because it's like, more just like, even though it's the Wild Wild West, it's still like,
more free. And, you know, and so yeah, it was just this world where everyone was like,
wag me, and we're all going to make it and we're going to build a better world with our
finances, and we're gonna, you know, support charity, and we're gonna I was like, man,
these people are kind of cool. Like, they just like supporting charity, a lot of them
seem to have money, they seem to move freely around the world. And I just liked some of
their vibes, or however you want to say it. And they liked, you know, and eventually,
as we God gave us an idea, I got this idea funded. They liked our vibes. They liked our
frequency, which obviously was from heaven. It was from, you know, you know, just
out greatness in people and basically train our staff to every time people come in our server our
discourse server we're just going to encourage you and be like Chick-fil-a hey my pleasure how
are you doing hey you're hey how are you doing today where are you on your side of the world
man what's going on in your life and so our staff and our people just we just greet people when we
try to serve them and ask how they're doing and create conversations and people are like man
there's something about you guys like obviously you have a cool art and stuff but there's something
about how you make me feel while i'm in here yeah that's awesome you guys are really discipling
discipling a generation to to really like pull towards a um really not only a really cool project
but that's really starting to take get really some cool flight and take off and do some cool
things but you're also like really um seems like you're really discipling a nation um putting
putting culture together and pulling all the pieces together which is which is super super
cool so um stoked for you man it's pretty cool so that's the thing is like one of the things is
like discipling nations through discord which you know when growing up you know i'm married i have an
amazing wife who's prophetic and she wants to travel and do missions in africa and do all the
stuff and so did i like that was what we said we wanted to do when we first got married we want to
make films and go you know make documentaries overseas and go have orphanages and stuff
which you know we had obviously now we had five daughters you know we had to pay bills america
you know now things are getting expensive but at the time things were already expensive and
you know when your daughter was already coming born zion my oldest i was like man i gotta pay
bills i gotta work like you gotta do all this stuff and you know i mean obviously that's what
culture tells you america tells you which you know it's like yeah if i if i didn't do anything
like i probably wouldn't have paid bills you know i had to figure something out so anyways i wasn't
able to do like some of those things i wanted and so throughout the journey of just working with
god dreaming with god and figuring things out he ended up giving us through this nft community
us to be able to sponsor orphanages us be able to fund you know missions in africa for us to be able
to even now we're building a play-to-earn game where people in africa will be able to learn
kingdom principles and earn a living wage which is even better than me just giving them money
it's giving them teaching them kingdom principles and allowing them to actually get paid a living
wage so that's our big goal right now we're developing that's really really cool you're
actually using the internet to help people make a living wage and places where they never would
have access to that yeah because if i could just give them money and like every every month i like
i'm just a wealthy guy and i just want to give them money that's great and i i support that but
i was like god's like well what if you can teach them to fish and teach them how to do web three and
teach them to be part of this they are like someone will maybe in america or europe or wherever
will own the nft but then they'll split it 50 50 with someone in uganda or someone in the philippines
and they will play the game and they'll do the stuff for three hours a day and they'll earn a
living wage so it's like you can even rent out nfts to where someone you know has half of the
ownership and then they just scholarship it to someone who may not be able to pay for the nft
value but then they can scholarship it and they're basically they're the scholar who basically does
some what do you call the work or play the game in our sense will be playing the game learning
king of principles fighting darkness you know and the more obviously the more funds we have the more
you know animated and lord of the rings or legend of zelda uh like zelda type games will have while
you earn you know your crypto but we're just uh you know we don't have all the pieces put together
we just we see the vision and we just keep sharing it and just um i don't know i just um i just know
it's anything's possible and we just want to we just know that we like one there's already a model
out there of basically millions of people earning a full-time living wage playing a game called axie
infinity in the philippines so we know that it's already a model now it's like a model of doing it
was building the kingdom game you know yeah that's amazing i love it you transform it taking
what was meant for evil and um transforming it for you it's powerful but um eric i'm wondering
if you can um because there's a number of people on the call who um are are new to nfts new to
getting into into web3 um break break down for us what what on earth is an nft um and and how
what is the course where i'm going with this eric is um how can people get involved um not only with
what you guys are doing at kingdom warriors but if they are artists themselves and they want to
start an nft project and people are talking about this in the space like what would you be i'm going
to what would be your encouragement to get into that and i know you got your mentorship your
your challenge which i want people to jump on but unpack that that for us what is an nft
what and what do we need to do to get involved yeah so an nft is a non-fungible token which
basically means
nothing to me. So really, it's like this picture right here is
with one of the NFTs we created, which is just the M, it's a M
JPEG, actually, so the JPEG file, so it could be MP4 JPEG
file. But really, what's significant about it is it says
like, you know, Kingdom Warriors built it, these one of 300. So
we sold 300 Genesis NFTs. So really, it's just like, you
know, how they have one of one LeBron James golden, or we have
you know, 1000 of these Michael Jordan cards, it's just like
that, but it's on the blockchain verified by the creator. So
Disney's the creator or Marvel, or Kingdom Warriors, then you
know, hey, this is one of 3000, you own one of 3000. It's on
the blockchain, it's in your wallet. And it's confirmed on
the blockchain, where nobody can corrupt the blockchain. And you
can basically just you own it. And obviously, as long as you
don't give your keys to your wallet, you are the verified
owner of that asset. So that is just an asset. It's a digital
asset on the blockchain. And it comes in a cool form like this.
So it's like thinking about owning the share of Tesla, but
you own a share of Tesla and you get this cool, amazing graphic,
you know, built by someone who's done art with Sony, you know,
yeah, it's, it's super cool to the like, the biggest example
that I I've heard before, I think it was actually you that
that said this to me, Eric, it's like, like baseball cards. Back
in the day, people used to collect baseball cards or
Pokemon cards or Yu-Gi-Oh cards or, you know,
I wish I would have kept the Pokemon. And I gave him I
literally gave him up once I got done.
No way. That's crazy. This match. So imagine a Pokemon card
that exists in online in the blockchain. And it's in the
blockchain means that it's secure. So that there's, we know
that this is the exact one.
And you can bend or crease it.
Totally. It's gonna stay perfect the entire time.
10 out of 10 PSA.
Yeah, it's so fire. That's awesome. Yeah, the
so there's
because using the cards, you're trying to keep your 50 years,
but you got to keep them in such good condition and you got to
get them graded. But these stay in this condition like the my
NFT right here is not going to start getting a little bends on
it increases and I left it in my, my kids ended up coming in
and you know, I had a dog I was my most expensive Pokemon card.
This is a true story. My most expensive Pokemon card I was
like about to sell for $80 back in the day, like when I was
fresh, this holographic Charizard, like whatever, type
one, and, and it was probably would have been worth thousands
later on. And I literally in I on the, I left it on the green
chair in my old room, like literally thinking I was being
smart left on the green chair, our dog comes in literally tears
it to shreds, like the whatever when I was not looking or
something. And so like, I wasn't even able to sell that card,
which would have probably been worth like tons of money in the
future. But the you know, my my friend's mom just wanted to get
it for like her son or like my my best friend's like little
brother. And that was the card I was going to sell and it
literally just got torn to shreds by the dog. And I just
lost all the value. And, you know, and the NFTs you can't you
can't tear the card up unless you can either give it away, or
you can list it for however much Ethereum or whatever on the
blockchain. And then people can make bids on it too, even
without you listing it. So you'd be like, I get bids.
Sometimes they're like, hey, I want to pay you 2k. I want to
pay you $500 for that. And I'm like, dang, someone wants to
give me $500. Do I want to accept it? No, I think it's
going to be worth more.
Yeah, totally. Totally. It's it's cool. It's a crazy. It's a
crazy world out there where we're at, like you said, it's
the Wild Wild West kind of at the moment where where people
are running and selling and doing all kinds of things. And I
think that what was the what was it that the that crazy board
ape sold for was something ridiculous, like multi million
dollars.
Yeah, I think I think like three, something in the 3
million range is like one of the, you know, and like Sotheby's
or some of them are starting to do so Chris, I'm a crypto punks
and some board apes are now selling the millions. But um,
yeah, I mean, it's getting to the point where I mean, there's
Yeah, million dollar. And so the board eight community is
like a billion dollar brand now board a yacht. Yeah, which this
is crazy. This is like totally just kingdom and God. Well, to
me, I mean, and I'm not like targeting the community as much
anymore. Like
let me pull it up here. Can you see that?
Oh, 2.7. So board eight. Yeah. 8585. Okay. Over 2.7 million
this. Yeah, this king purple. So get this. So their community
there was 10,000 of these things, you know, and some of
them are sold for millions. You know, we have an advisor, one of
their holders as an advisor for our project. But anyways, they
this, this is a billion dollar brand board a yacht club. It's a
billion dollar brand now. They're doing brand deals with
Adidas, all sorts of stuff. And get this they, we had 50 of
their community verify like verify their stuff and get a
verified, we gave them, their community,
like a board eight yacht club holder type thing.
That one's a fake one.
That's a fake.
Also be careful of fakes.
Like don't try to buy something like,
look, someone, only one person bought 0.12 ETH traded.
So there's a lot of fake collections on there.
And that's why you do, it is like a wild, wild west,
but you do gotta see like, even, I think even this one.
Oh, even this one's fake.
This one's, it's either a fake or it's like a knockoff.
They try to make a collective, like whatever that means.
Yeah. Interesting.
Anyways, there's so many.
That's crazy.
Yeah.
Okay. So the board eight yacht club.
So we had 50 other like verified people,
like holders in our community in the beginning
before we ever launched or anything.
And they were, they were like legit.
We have a lot of screenshots of them supporting us
saying, hey, we love your guys' art.
We love your guys' vision.
So it was just crazy.
Like God was just showing us
that the million dollar art collectors,
the board eight art collectors,
they had like over everyone,
like the minimum at the time was a quarter million dollars
to buy one of those.
And they were coming in Kingdom Warriors,
hanging out in our chats, hanging out on our server,
like saying, man, we like it here.
We like what you guys are doing.
And they were literally like showing us so much love
when we first got started, you know, three months.
That's awesome, man.
That's super cool.
Like the kingdom and like the heaven
that culture we were bringing,
even though it wasn't like,
we weren't really being like, you know,
to like making it to like Christianese.
We were just keeping it very like,
I would say kingdom as in like Lord of the Rings,
like feel like we're, we had our own language.
It was a different language, you know,
it was light and darkness.
And like, we're like, we're, it's,
our hero is called Duriel,
who's like this orphan to king.
And he has to go, the evil king ended up
taking over the kingdom
and he has to fight back for his land.
And we have this epic story where,
where basically, yeah, this guy has to be,
he has to go through orphan tenancies to know who he is.
He finds out he's heir to the throne.
He has to go, and we're actually writing a book on it.
And we're actually getting a screenplay
to make a movie on it.
And we were just talking to a movie producer today,
who's like helping us get the ball rolling more.
And anyways, I don't,
I don't know what I was saying about the whole story,
but basically a part of it,
and if you do want to do an NFT community,
it does take some capital and it doesn't like,
some people just tell me,
Eric, do I just throw some art up
and everyone's going to buy it?
No, just like anything else,
you can't just throw a coaching program up.
You can't just throw some art up.
You can't just throw, you know, like,
hey, I'm a salesman.
Let me teach you sales, or I'm a coach.
Let me teach you how to coach.
I always see everyone like,
oh, I'm the coach who teaches everyone how to coach
and make money coach someone.
I'm like, like everyone's trying to teach everyone
how to do something like, or like, you know,
but it's like, if you're already selling art,
if you're already selling art,
you already have audience for art,
then yeah, you could probably do NFTs
and sell art to the same people that would buy.
I mean, you do surprise,
if they only know how to do debit and cash,
then they're probably going to have to learn,
teach them how to do crypto.
Because with NFTs, you sell it in crypto.
Yeah, yeah.
So there's kind of like three main categories
that like is, for me, at least from my perspective,
is like the learning when you're in NFTs.
It's understanding about like the web three world.
What is crypto?
What is a blockchain?
What is a smart contract?
What even is an NFT?
And what is the whole world?
You know, understanding what the marketplace is,
OpenSea, whatever ones you want to do.
Then there's the like the community side,
which is probably one of my favorite things
about the NFT space.
And you kind of talked about that a little bit
where NFT projects are really built around community.
They are, and that's one of the most amazing things
about them to me, because they're,
like you alluded to Eric,
they're kind of inherently kingdom
because they require like,
they're built around people getting buy-in
in community and building relationships with people
and learning about what's going on
and actually interacting together to get more encouraged
on what different things are.
And so there's a whole world.
One of the projects that I like a lot is called Soul Dogs.
It's on the Solana network.
And one of the things,
they're building a whole city of dogs,
which is kind of cool.
Let me pull them up and I'll show you guys.
What they look like.
They're a cool, just a cool collection of,
you know, they're building a retro style 3D metaverse.
These guys are not necessarily kingdom,
but their art is cool and their whole world is cool.
And I know it's not loading.
And you probably see some of their principles,
like they're following a lot of kingdom principles,
a lot of these projects that are doing well.
Yeah, they are.
They're thriving because they're building community.
And that's kind of what you've been up to, Eric,
is like really focusing on building community with people,
connecting the dots.
And I'll have to show it later.
because it's not loading, but yeah, the whole community vibe. And so you've got the Web3,
you've got the community, and then, and this is the place where you've been the most revolutionary,
Eric, where I've seen you do this, is that you've paired Kingdom marketing strategies,
so you know, your funnels, your systems, your scalable systems with all of that. So
successful projects in the NFT space are NFT, Web3, blockchain, smart contracts, community,
and the marketing arm, which you guys have done really well. I'm wondering if you could just kind
of speak to how you've done the whole marketing piece of NFTs. Yeah, I would say in the beginning,
like, I wish we would have had, you know, I found out like marketing agencies where you have to
and it does cost like $30,000, $40,000, or like $30,000 to $50,000, just for the marketing side,
where we could have gotten a lot more press, a lot more, you know, we got in 200 articles,
we were, you know, we were having like, basically like an NFT community, we had a lot more buzz,
because we would have raised a lot, you know, when we were first launching, we did, we basically put
$50,000 into it, but we did it into getting, you know, the artists that worked with Sony,
the developers worked with Marvel and Disney, putting together the idea, like all the assets,
you know, we had to build basically put like that much money to build the assets. But now we
needed I found out we need another 30 to 50,000 to then go and just promote and make it to where
because when you're launching, they want to a lot of the NFT community, they don't want to just want
to see that they're going to be able to just there's enough people to buy and sell out. If
you're going to sell like three NFTs per person could about three. So for instance, if we were
to sell, you know, 3000, we need at least 1000 buyers that would buy at like a three, right?
Or you need like 1500 buyers that would buy two to sell 3000 NFTs at $200. And so yeah, you know
that you when you know how many buyers you need, you're like you need that many buyers signed up
to be like on the pre sale to be like, hey, we're gonna buy and then you need an influx of people
who are like wishing there would have got to buy. And they're kind of like competing, which is
through this whole whitelist process, which brings this like, whole energy and everyone's
fighting to like, be a part of this launch and the part of this like, you know, limited thing.
And it's, you know, there's a lot of psychology behind it. So you want to build a launch like
that, if you're going to do a big launch to where basically, people are knocking on the it's not
you're not begging people to sell your people are knocking on the door saying, I wish I could buy
this. Yeah, yeah, you want people like knocking down your door and doing that. I think one of the
keys that I really want to pull out for this community is, you know, we've been talking
specifically about kingdom business and how kingdom business is all about adding value first,
once you find your field of favor, you've got to figure out how you're going to add value to your
to your field of favor as quickly as possible. And once you once you're doing that, then
that at that process of adding value is actually what activates you to jump in
into into more and more. Eric, I know you've got to got to jump off. It's been so great to
have you. Why don't you plug your plug your challenge for for a few minutes, and then I
know you got to run. So I want to keep going. 100%. And that's one way we're trying to add value. So
if you're in the comments, and you want to be a part of this, this challenge, we're doing five
days, we're talking to our Hollywood movie producer talking about transforming the movie industry to
where kingdom media, Christian media can get funded and that people the fundraising people
can basically have equity in the films and bypass all the basically what we call demonic gatekeepers.
So we're gonna be talking to him and we talk about music, how we're transforming it with music
through a Disney actor and Michael Morgan right here who's been a Disney actor. He's been
in the music business. I mean, he sold a company to a venture capital firm at 21. And now he just
like he just does like street ministry and evangelism. He's like one of the most interesting
people. You guys will love them. You're going to hear from Peter Nieves on IP consultant who
he literally is like one of the top IP people who got attracted to our our thing. And now he's like
our IP and trademark advisor. And he's gonna be talking just all about IP and protecting your
idea of protecting whatever God gives you. We're gonna be talking to Jessica Madden, our what I
call the next C.S. Lewis. She's our writer of our first book and our trilogy. We're gonna be talking
about her and the process of writing. And so if you have a book or an idea, she's gonna really
help you. She graduated from Bethel or she went to Bethel School of Supernatural Ministry. So
you didn't graduate. I think you went there, Sam. And anyway, but yeah, a lot of just supernatural
just writing and process and creativity. Andrew Whelan, we also got a prophet, Andrew Whelan,
who's a he's a strategic partner. And and just talking to him about, you know, probably prophetic.
That's been a really prophetic session, but also just what he's God's been showing him about,
obviously, Kingdom War.
versus he's been, you know, being a consultant for us
to really break through realms spiritually
because this is a, our entertainment is a serious industry.
It's not just to be taken lightly to, you know,
try to get to the top of the mountain or make movies or,
you know, yeah, we're trying to cut out the gatekeepers,
but what do the gatekeepers do when you're cutting out
all these middlemen who are like making billions of dollars
in this industry?
Like some of these middlemen are not gonna be happy.
I mean, they're, I mean, spiritually
or obviously financially.
And then, yeah, so anyways, drop Kingdom in the comments.
Drop Kingdom in the comments.
Seb, we'll get you guys a link to this event.
It's a free five-day event.
There is a VIP experiences ticket
where you'll get backstage each day.
It's $97, but you don't have to do that.
The five days are free, one hour a day
with each of the speakers, and it's gonna be a lot of fun.
And we're gonna just basically be breaking down music,
books, our art, and if you're, whether you're an artist
or any type of creative, or you just wanna even learn
how to invest in Web3 technology,
we're gonna break down all those things.
So it's gonna be a lot of fun.
So thank you for having me.
And yeah, we'll hopefully see you next week.
And man, yeah, I always appreciate you, Seb.
You're a blessing, bro.
Yeah, I appreciate you, Eric.
Bless you, bro.
All the best.
We'll talk soon.
Okay, see you guys.
See ya.
But those of you still on the call, don't leave yet.
We are, we've still got a few minutes here,
probably about 15 or so minutes left.
And so I wanna really jump in and break down
a lot of the things that Eric has been talking about
in the NFT space.
And I wish this project, the Soul Dogs project
that I'm loving, I could show you guys.
I'm gonna see if I can pull it up again.
But essentially, the entire network, apparently,
the Solana network's gone pretty slow,
which is unfortunate.
But so just, I wanna rapid fire with you for a second
a bunch of different details
about the infrastructure of NFT projects, okay?
And this will probably help you get really started
in different things,
because there's a lot of different dynamics.
There's a lot of different pieces in this whole world
that we're exploring, right?
So firstly, you wanna understand that the NFTs
are housed inside a blockchain.
And a blockchain is essentially a very secure network
of transferring data.
So for, let's just, for example, say this,
in this hand is one block.
And for argument's sake,
let's just say that this block contains $1.
And I wanna change this dollar from this hand
into this hand.
But I, without it going through some centralized system.
So what often happens,
and what is happening in the regular financial system,
is if I wanna change $1 from here into here,
what I have to do is I have to send this $1
to the central bank,
then the central bank releases that money to me.
What is the potential with blockchain
is the ability to transfer data
from one block to the other.
So that data could be finances,
it could be money,
it could be information,
it could be anything kind of in the metaverse
or any kind of digital asset,
like an NFT or a picture or a video
or a movie or anything like that.
So I would be able to transfer this one token
from here to here, okay?
Even when you're transacting something online,
so if you go onto Amazon,
you're buying something online,
what you're doing is you're putting your card information in,
you pay Amazon,
but what is actually happening,
you pay Amazon and you pay your Visa card,
you pay that for the actual product,
so there's a bunch of people
getting all these fees in there.
And that's how places like Amazon and Visa
and MasterCard and different things like that
actually start to create viral mass scale systems
of wealth creation,
because they're essentially doing what Solomon did
in Israel,
they're taxing people as they come through the system.
And so there's this perpetual cycle that's going on
that we actually really need to help people understand.
So blockchain and what you're doing
is you're transferring data and assets.
Once something is attached to the blockchain,
so say that I have a JPEG, a picture,
I can attach it to this blockchain.
And if I am this block and you're this block
and I'm trying to transfer something
from this block to this block,
I can send it to you through what's called a hash.
And a hash is essentially a code
that helps you transfer from here to here.
Okay, that's the basic,
most basic understanding of a blockchain, okay?
On top of blockchains
are what you can build lots of different things.
And one of the main things that's built upon blockchains
is cryptocurrencies.
And so,
A currency like the US dollar or the New Zealand dollar or the Australian dollar is all a different
form of value. The only thing that communicates that a $10 bill is a $10 bill is the fact that
we all mutually agree that this $10 bill is worth $10. That is the thing that is holding
the entire financial system together is the belief that we're in agreement that this $10 bill is
worth $10. In the same way, cryptocurrency is all an agreed to price compared to other prices.
Bitcoin, which you will have heard of, is a cryptocurrency that is on a blockchain. Ethereum
is another cryptocurrency that is on the Ethereum blockchain. Solana is another cryptocurrency
that's on the Solana blockchain. Ethereum is an interesting one because there's multiple
different tokens and multiple different coins that are attached to the Ethereum blockchain.
You can have multiple different things on a blockchain and these cryptocurrencies are a
value that gets exchanged. In the same way, if I am wanting to purchase something with crypto,
with Ethereum, for example, say I want to purchase this phone with Ethereum, I would give the
Ethereum from my Ethereum wallet to whoever I'm paying for the phone and then they would give me
the phone in person. It's just like transacting in dollars or yen or pound or anything like that.
The cryptocurrency world is what has invited people to ask the question,
how could I get something other than money on there? Could I put other assets on it? Could
I put things that have tangible value? NFT is an example of that. I can put a JPEG or a picture,
a digital picture on the blockchain and I can transfer this one to another and that whole
system has revolutionized the creative process for individuals. People are starting to be able
to engage individually with different cultural understandings, like Garrett was saying,
with movies and different things like that. Things are able to start to be where people
actually own the assets that they are producing. Let me know in the comments if I'm making any
sense, but it is already Kingdom. I love that you guys are going to sign up for that Kingdom Warriors
NFT project. Let me share my screen. I'm going to show you the SoulDogs community
here for a second. This is one of the NFT projects that I'm really invested in.
As you can see here, hopefully you can see that I've got these SoulDogs. They're all
different types of dogs. One of the cool things about this kind of collection of
NFT is that, and you will have seen a lot of these kind of projects, different,
like the same shapes, but they're all got different traits on them. You can see here
they've all got different backgrounds, and some of them have hats, and some of them have got
different skin, and some of them have got different shirts. Some of these guys have
got bandanas, and some of them have got hats, and they're all different. You can see here that
this is how much this one is worth. 1.564789 Sol, or Solana. Currently, Solana is currently
worth about $100. This is like $150 roughly, and there's a bunch of different
projects, different versions of this. The floor price, which is the lowest price, is 1.15 Sol,
so that's roughly $115. If I go to the highest one, you can see that some of them are worth
$2,060 Sol. That is a lot of money, so that is basically another two zeros on the end of that.
That's $206,000 to buy this one piece of asset. Somebody will probably do that,
because this is a cool-looking dog. What breaks down the rarity or what is the higher the value
of the NFT is the rarity of the traits or the attributes. You can see here, this guy is rare,
because he has a whole bunch of different things that have got going on. He is a Shiba breed,
he's got a red hat, doesn't really have a neck or anything on his neck, a lab coat, different
things like that. What you'll often see on a lot of these projects is that they show you their
rarity score based on how many of the NFTs, because there's only...
999,999 NFTs, right?
So out of all of these nearly 10,000 NFTs,
only so many of them are pink, have pink backgrounds,
and so many of them are retrievers,
and so many of them have got this kind of hat
or a beer can in his mouth or anything like that.
So these different traits are all very different.
Like this guy, this guy, look at this guy.
He, I haven't seen one of this.
This guy's smoking a cigar.
He's got a red bucket hat.
He's got karate clothes on and a 90s pop background, right?
So all these guys are different
and they all get put into the,
I actually like this guy.
Look at this guy, he's pretty cool.
So I'm gonna, I'm not gonna buy him,
but I am gonna copy him
and maybe send him to my friend.
But yeah, there's still a lot of different things
going on in the NFT space
that are kind of encouraging and a little bit creative.
I hope that it is,
sounds like it is making a little bit more sense
as I'm trying to break it down.
Let me know your questions if you've got questions.
We've got about another 20 minutes here
that we can do questions in this time slot.
So I wanna really break it down for you.
Here's the big thing that I get asked a lot,
and this is something that I'm exploring right now.
I'm starting to get into the NFT space a lot more.
I own a few different NFTs
and there's kind of a next level of NFTs
where like what you can do is you can stake,
what's called staking your NFTs.
So think about, if you think about NFT as an asset,
so like we were talking about earlier,
like a Pokemon card or a piece of art.
So think about like Vincent Van Gogh,
who was the famous artist.
He painted a lot of amazing things
or Mona Lisa was a famous painting
that a lot of people know about.
So imagine if you owned the original copy of the Mona Lisa
and it was secure and protected.
And so that would be one version of an asset, right?
Another asset might be a serious amount of cash.
So like a million dollars is an asset, right?
You can put a million dollars
in a high interest savings account
and it will produce over and over a return for you.
Another asset is like an amount of cryptocurrency.
So we can put Bitcoin or Ethereum
on the blockchain in crypto bots.
It's how crypto bots work, right?
So we can put, we basically,
when we put the bots on, excuse me, on the cryptocurrency,
we're basically attaching it to a system
that will help create a return on it.
And so these bots are producing 10, 15, 20% returns on it.
It's like putting an asset in a high savings account
that's earning interest in compounding as a result,
which is super cool, okay?
So as we go on that journey,
there's all different kinds of things
that we can talk about, right?
So the NFT space is developing
and a lot of things are possible as a result of that.
So if I was to put an asset in that,
I was talking about staking.
Staking, you can basically put your NFT projects
inside a long-term savings account and earn interest off it.
That's what I was talking about.
So that's kind of a next level of NFT.
So there's this whole world
where like you're literally putting assets
or NFTs inside different spaces
and different things like that,
which is super cool, super, super cool.
So I'm getting a lot of questions in here.
Let's have a look.
Are there abstract NFTs?
There are NFTs literally with just about anything on them.
So let me show you, let me share my screen and show you.
This is a website called Rarity Tools, okay?
And this is just kind of a collection
of different types of NFTs and to share how rare they are.
So let's click on these upcoming ones.
So these are some of the NFTs
that are coming available today.
So this is, well, this is yesterday's sales on NFT.
So this is a website that shows different kinds of NFTs
that are being sold.
A lot of these are characters.
Characters are a really big theme
in the NFT space right now,
but the reality is that you can do anything.
Like some of these are a little random
and their art is a little weird,
but like, look at these guys, these are so random.
Look at these guys, Amnesia Metaclub.
Look at these, it's like ape themed.
They look like apes.
These guys look like robos.
Robots, look at these guys, it's like a metapig, so yes, there's all different kinds of art
that people are selling online, which is crazy. A lot of characters, characters are a big theme
that you'll see, look at these guys, soldier themed, these guys are cool.
Let's go check out these guys for a second.
Look at those guys, they're freaking cool, that's very, very cool.
Look, they're supporting the Ukrainians, that's great.
Yeah, that's cool, okay, anyways, I got distracted there for a second.
There's all different kinds of things, so you can do whatever, you can literally do whatever you
want, lots of different things. They're essentially, they're JPEGs, so they're digital pictures,
you can have digital videos, you can have sound, people sell like URLs
for as NFTs, because they're just technically an asset, it's a digital asset.
So how big are they? They can be as large or as small as you want,
but they're usually just a specific, a rough size, you want to be as detailed as you can.
The best way to get started in NFTs is starting to list NFTs on OpenSea,
okay? So there's, I'm going to put OpenSea in the comments here. OpenSea is a marketplace,
kind of like Etsy, where you can just start to sell NFTs on OpenSea. Now, there's one thing,
the big thing that you need to be aware of when you start jumping into OpenSea or any other kind
of NFT marketplace, and that is that you will need a crypto wallet, okay? So let me show you,
let me share my screen again, and I'll kind of show you a little bit about that. So where's my
screen? So let's look at OpenSea right here. So I have my wallets up here on my Chrome tab on my
computer, right? So let me just open up my phantom wallet. Okay, I don't keep a lot of crypto in here,
I have different wallets for different reasons, so just when you look at this,
just so that you understand, this is my predominant Solana network wallet, and it's got all kinds of
different coins on there from different projects that we're doing, which is really cool, okay?
I have a couple NFTs in here, Freedom Trucks that I'm trying to mint right now, which are cool,
and they're exciting, and then I've got this Magic Eden Normie, which gives me access to a DAO,
which is kind of cool, okay? So this wallet here is what you attach to different things in here.
So if this is Magic Eden, and I decide that I'm going to look for a different project,
Magic Eden is a marketplace just like OpenSea, so I can come here, I can come to collections,
I can come to the newest collections and have a look here, and I might decide I might like this
collection as a little random, and look, they are selling these dudes for these little dudes for
0.07 Sol, 0.58 Sol, and I can come up here and look in my wallet, and I can see that I've only got
0.38 Sol in my wallet right now, so I will not be buying one of those today, maybe tomorrow,
we'll see. So you can come in here, and essentially how it works is, let's just use this as an example,
I come in here, I've got my wallet connected, so you create a wallet, this is a phantom wallet,
you create this very easily, I'll put the link in there for that, and then you connect it to here,
to the website, and then you click, literally click buy now, and then the NFT will land up
here in your phantom wallet, okay, there's another one called Metamask, which is up here, this is
where I keep a lot of Ethereum, there's a Coinbase wallet here, so there's a lot of different things,
there's a lot of things you want to be thinking about in this space, and so security is one of
them, but so you want to make sure you're connecting the right wallets, which is important,
so okay, I'm getting a lot more questions, can you send crypto to others like a family member or a
friend? Absolutely, that's exactly what it's for, yep, Lisa, what are they made of? Yep, they're
literally just digital assets, so that's kind of the big one there, just super cool, okay,
Kit, a little off topic, what security is in place?
we're going to hack into the accounts. Great question. We back up all of our crypto onto a
ledger. A ledger is like a little USB stick that helps hold and protect cryptocurrency,
which is super, super cool. So that's one way that we do that. The other way is that we keep
our money away from exchanges and on wallets so that it actually exists inside a wallet
rather than on the exchange. One of the things that happened when the Canadian seed tried to
seize the crypto assets of the Canadian truckers is that they stole it from when it was just
existing on exchanges. And they didn't steal it, they froze it, which is basically the same thing
and go from there. So there's a lot there. But yes, we have a lot of security in place,
all of our contents backed up on blockchain as well, which is cool. So Kathy, my daughter is
incredibly creative. Is this something she could do, look at creating to sell? Absolutely. Yes.
The barrier to entry for NFTs, it sounds complicated. It is complicated if you're
learning to think in a new paradigm. But once you get it, it's incredibly intuitive. So I would
make sure that she is learning on YouTube and different places like that all about NFTs.
There's a real space to learn. Now is the time to get in, because we are the early adopters of
NFTs. And once we are early adopters, there will be a market surge, there will be a lot of increase
in value. It's going to the moon and we're incredibly excited about it. Great question.
It is kind of investing, of course. And there is obviously risk to doing NFTs and different
things like that, because when you start to sell on a marketplace, there's something called gas
fees where when you list something, every time you transact with a blockchain, whether that's
Solana or Ethereum, there's a small charge. So it's basically like they're different based on
which blockchain you're going through. So if Solana, the fees are really low, that's why I
use Solana and Magic Eden is one of them. OpenSea is a big marketplace that has been traditionally
only Ethereum, but now they're also doing Solana. Ethereum is renowned for having high gas prices,
which means high exchange fees. So just so you're aware of that. Minting, that is a great question.
What is minting? Minting is when you put an NFT up for sale and the first sale is called minting.
And so when you mint an NFT, you're putting it up for sale and letting it out to the world,
which is a cool process. So it's essentially kind of a debut of letting your art
get out into the world. Great question there. She's homeschooled and does a lot of art research,
visual art. That's awesome. Very, very cool. Well, sweet, guys. We have kind of come up to time,
which is awesome. But this has been an awesome session. Absolutely have loved getting to
connect with you and connect with Eric. Eric's a legend. If you're interested in connecting with
this challenge, the link is in the comments. KingdomNFTs.com. So I will make sure that you
guys get all the links to sign up for his content and I'll send an email out about that. But you
absolutely want to check out. If you're intrigued even a little bit about about Eric's content,
about what NFTs are and how to engage in this world, then you definitely, definitely, definitely
want to want to jump in, because this is a world where where money is there to be made.
And I'm just excited to see it all come together and all happen. So
massive blessings to you guys. We will be back on. I said it's going to be Saturday,
but I'm going to have to change that and I'm going to have to change it because
I forgot that I'm going to a wedding on Saturday, which is kind of important. So
I will reschedule the time, make sure you guys are aware on the emails and kind of go from there.
So massive love, massive blessings. And we will go from there. So love you guys. We will see you soon.