[1\16]A Psychological walk down #NFT lane. A personal perspective on #NFTs for the sake of #MassAdoption intelligent people should start to pay attention. With new concepts we tend to fragment them outside our context & understanding of human behavior &

$eGLD #NFTs
[2\16]preference. Why? It’s because we struggle in the beginning to fully understand how this new conceptual technology fits into the paradigm and conceptual framework of human behavior. When something as abstract as an #NFT people have a difficult time comprehending how it
[3\16]might impact human behavior. Many have argued with #NFTs , “you are just owning a JPEG”. The truth is #NFTs don’t allow you to own the content but what they give you is ownership to a Token that is tied to the Artist/Brand and Specific Artwork. This is powerful. I will
[4\16]restate this. #NFTs don’t allow you to own the content but what they give you is ownership to a Token that is tied to the Artist/Brand and Specific Artwork. This token connection allows for an enhanced experience, shared identity, support and loyalty to
[5\16]someone/something/brand that you connect with. Many people support their favorite creators through a myriad of different ways. The powerful part of owning #NFTs tied to items/assets that will play a role in the brand’s experience is all of these things are valuable.
[6\16]They democratize your brand & improve the connection between the creator and audience. It also allows for individual expression. The #NFTs also allow you to own the beginning of in game items/assets of creators who will evolve into a game or character in the Metaverse.
[7\16]This is powerful as you now get to experience the Brand/Artist & the coming alive of your specific Artwork. You get direct access to own the very pieces of which the immersive, interconnected experience of the Metaverse will begin to shape. The Metaverse is a
[8\16]compilation of many different technologies. It’s not one. The power is that Blockchain allows the value/money layer to be decentralized. So currency assets & items/assets represented as #NFTs will be sovereignly owned by the people. The improvement of the human
[9\16]experience comes from autonomy; the ability to have choice, freedom & independence. Many are underestimating these elements as they relate to owning #Crypto , especially in the context of convenience and relativity. Technology takes time to integrate into the lives of
[10\16]many. Due to the high barrier to understanding crypto & the low financial literacy it has gone very slow. This is normal both as the technology improves its UX/UI & the public continue to be further educated on it. The human psychology is not intrinsically designed for
[11\16]delayed gratification. This is why so few save for retirement early. We aren’t wired to buy something today, only to wait for the rewards tomorrow (investing). This is where currency coins/tokens differ from #NFTs. I recommend anyone to purchase an #NFT and observe your
[12\16]internal feeling’s. It may take a few times to grasp but what you will slowly understand is that with #NFTs you experience purchasing/buying something which you receive today, not investing in something you will experience tomorrow. It changes the experience from a
[13\16]money centric experience (coins/tokens currency) to a connection/experience/identity/entertainment (NFTs). The ability to shape a company via #NFTs & really delivering an unparalleled experience to your brand enthusiasts is something unique. The majority of the
[14\16]population are not investors. They consumers and driven by connection/experience/identity/entertainment & the fact one can make money doing the latter & the majority of the population are not going to think they way most early investors do. Joshua Kim communicated, that
[15\16]there was a snowball’s chance in hell we are going to get #MassAdoption without #NFTs & I 100% agree. I initially had hope that people would become intrigued by financial literacy but this is a mere hopeful fantasy of personal projection. The reality is that we must see
[16\16]things the way they R & guide people in the way they are best led to financial freedom. The ability to walk the path as an experience if one chooses high quality Brands via ART, Characters & the encompassing value system: games, movies, comics, events & shared identity🧠

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Wesley Kress, MBA, MSOM © ⚡️🟥

Wesley Kress, MBA, MSOM © ⚡️🟥 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @WesleyBKress

Feb 7
(1\8) “It needs to be brought up over & over again that Mark Zuckerberg first iteration of #Facebook @Meta was to rate women on campus against their will on whether they were hot or not. This is very telling of where his mentality is in general. He took a machiavellian $eGLD $GNG Image
(2\8) approach to all things. The end justify’s the means. This grabs a lot of people that focus on the EGO a lot because they have this freedom to play GOD which is very appealing to Mark & to his credit I think he tries to use that power to effect good but the lore of his
(3\8) core of how he started is very strong at the same time. He is a researcher of the metrics. He is an engineer of the psyche. This is not someone I want to rule WEB3. He already dominated WEB2 & we saw what he did w/ that power. So very much the reason for creating a @Gnogen Image
Read 9 tweets
Jan 29
1/In early stage TECH, many aspects R highly stigmatized early on due to them not being normalized from a collective social construct. Shame & being perceived as “stupid” often times gives people a reason to look for every reason they could be wrong rather $eGLD $CEL $SAITO #NFTs
2/than intelligently looking at the totality of the market & 🌎 at large. The people who are choosing a different way because certain human needs are not being met. Incumbents from existing industry often stoke the flames of these fears of self shame, fear of looking stupid &
3/ play the role of hero of savior & drive large followings due to often times irrational early stages of excitement that bring ideas that may not exactly have lasting power as reason or justifications of the technological eventual demise. This leaves many in a state of confusion
Read 8 tweets
Dec 29, 2021
1/ I bought more $SAITO The breakthrough in $SAITO is more significant than #BTC Reason is simple #BTC is a volunteer network that will never be able to scale commercial sized networks as volunteer🌐turns to a closed point at scale @dlancashi 🧠 I will give an analogy & insight💡
2/ of Trust. Volunteer networks are great at smaller scale but moment U try to scale ⬆️, it’s the same as scaling trust from a family to community, to a city, to a state, to a region, to a country, to a continent. U might trust your brother (family) to come use your computer 💻
3/ In your home, maybe even some of your community (neighbors) to use your computer 💻 the issue is that if U allow them to use it for FREE, they can even use it to make money (similar to Mining ⛏ or hashing on the #BTC network) & BUT computer needs to be paid into to maintain
Read 25 tweets
Dec 19, 2021
1/ I want to start off by saying the leadership & communication of @beniaminmincu & TEAM is truly extraordinary. It doesn’t surprise any of us who have been super close to the @ElrondNetwork $eGLD project. They care deeply about everyone. It shows in their actions & words #Crypto
2/ I am sure it surprises many Y I spend so much time, energy & effort educating & sharing w/ community for FREE. I deeply care too. The 🌎 is not set up in a way to help #ThePeople Yes, I could charge a lot of money & hide behind a paywall but I choose consciously not too
3/ Money is not good nor bad it’s a powerful force for creation or destruction. It helps us direct what we want to see more in🌎 I allow donations to let others direct if they see fit but not charge to avoid conflict of interest & promote inclusiveness for those who can’t afford
Read 46 tweets
Dec 6, 2021
1/ A case study of $eGLD ⚡️ @ElrondNetwork & @MaiarExchange $MEX Ⓜ️maintenance & explanation of Y economic reward changes needed to be made immediately for everyone’s best interest *except mercenary capital. Y changes were made (speed) & what can be improved going forward #Crypto
2/ As discussed in 2.5 HR 🎥 #MasterClass @MaiarExchange $MEX there can be unforeseen elements. We R investing in disruptive technology w/ A LOT of moving pieces. With great rewards comes complexity & risk. As stated Risk Adverse = only allocate 5% to #DEX
3/ The @ElrondNetwork $eGLD Team did endless bounty testing to ensure things were Secure 🔒 & ready to go for the @MaiarExchange (Paying out a lot of real money to stress test it 2X) This has proved to work according to plan (No security issues).
Read 18 tweets
Dec 5, 2021
(1\5) A lot of exciting developments continue in the emerging #NFT market on the @ElrondNetwork $eGLD Ecosystem 🛠I have always mentioned how #NFTs would change everything in #Crypto on Elrond due to its low fee’s & low barrier to entry to mint 🧠“One French startup is @wwwineNFT
(2\5) taking more of an ambitious approach with wine NFTs. In an exclusive interview with Cointelegraph, Samuel Balthazard and Yacin Kharroubi — CEO and chief product officer of World Wide Wines, respectively — discussed the logistics of making French wine available on the
(3\5) blockchain. Balthazard is descendant of family operating the Chateau du Rouet vinery in Provence, which has existed since 1840. Built on the @ElrondNetwork
cointelegraph.com/news/french-st…
CT: Would you guys like to include any other statements or visions about what you
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

:(