Who is a Culture Investor? And how can you be one in the world of NFTs :
1/ A culture investor can be classified as a merge between a traditional investor and a hype lover.
2/ He/she focuses on investing and expanding in brands and projects that seem to have a good cultural grip down the road and can influence trends as per their IPs or Brand image.
3/ In NFTs these brands are nonother than NFT projects which we call are calling ‘Bluechips’
These projects aim to have a community in the form of their 10k or 50k NFTs (yes a lot of tokens for mass adoption) holders.
4/ Anyone can become a Cultural investor, it doesn’t require more than money and a mind that understands the culture. Quite straightforward right?
Not exactly, Well When you’re investing money the probability of it growing north is equal to it going south.
5/ And to fly north, you need strong engines.
Now, how do you become one?
A cultural investor has a sense that’s crucial when jumping into a project that has made nothing before but promises.
That is called the intuition power that comes after you do your homework from 0
6/ Knowing everything out there about the project and its founders is the first step.
As you then have an idea of what airstrip you flying on
Second is your intuition, after you know everything you can about the NFT project you’re about to invest in, it’s time vibe check
7/ Vibe is the synonym for intuition for me here (not everywhere).
I read a thread about ‘What lucky people have that many don’t’ and it stated intuition as a crucial part of being lucky the number of times.
And so Vibe check is that luck part many cultural investors have.
8/ Vibe check is nothing but sensing what the team is about.
Team bc when you’re investing, you’re probably early otherwise if the price is onto north you just get a ticket to fly
Only the Team behind a project can become the reason for its fall or prob Rug.
9/ Conclusion:
These are two of many important pillars you need for becoming a cultural investor, as I said above this is not financial advice and you shall read and learn more about becoming a cultural investor.