I forget that we should state the obvious, appreciating that 98% of humans don't read beyond the headline. So to be clear, #NFTs are not investments.

Yes, they're marketed, sold, offered and often exploited as "investments" but they are not. People get confused caught up in HOW nfts are made and WHY they represent proof of purchase but not WHAT they are.

🤔 If you turn down the technical jargon and noise on HOW nfts are made (also we should note that most people confuse minting nfts with crowd sourcing funding💰, via the offering of non-fungible tokens in a crowdfunding campaign. #Crowdfunding existed before and will exist after nfts and crowdfunding (the seeking of capital from strangers online) isn't "nfting" anything.

Where were we....oh yes, if you turn down the techno babble of HOW and WHY and focus on WHAT nfts are....They are not investments. They're digital receipts that some fools buy to prove that fools and their money are so easily separated.

Do receipts have a real world pu...more

A little experiment as there are no takers (yet) for my ~$15 million dollar digital NFT titled "A Confession: I Framed Mark Zuckerberg."

Ok, perhaps it was a little rich even for the crypto bubble market. So get out your credit card or crypto wallet as I'm now going to release a psychedelic safari style Bored Ape from my inventory for 34.8ETH (or ~$89k at today's exchange rate) https://opensea.io/assets/matic/0x2953399124f0cbb46d2cbacd8a89cf0599974963/57988337355283582015213661157621299247275946037640060474256656039578913734657 It's not from the same Yacht club but it has a similar appearance to a psychedelic crowned Bored Ape that sold in October for $2.7 Million. 

Ripoff or bargain? I think my Bored Ape looks better than the crowned version -- but beauty is in the eye of the beholder. For appraisal value, let's turn to a Google Image search result. According to the authoritative power of Google, a search for my ape results in "bored monkey most expensive nft" so at 3% the cost ...more

Big Announcement

We're organizing an industry-wide virtual impact crowdfunding conference and you’re invited!

At SuperCrowd22 you will learn, connect and grow with people like you. And all for a song.

Let’s start with the song. If you are a member of CfPA, you can save $124 and register for just $75! Click here to register now. 

You can join CfPA for just $10 per month. If you're not a member and don't want to join (are you nuts?) you can register for the conference for $149 ($50 off just for being a friend of CfPA). Click here to register. 

What is this conference all about?

SuperCrowd22 is the biggest event of the year at the intersection of investment crowdfunding and impact investing, what I call impact crowdfunding.

Investment crowdfunding is a freshly legal way to invest your money, even if you don’t have a lot. Rich people have always been allowed to put money in startups or to back the local bar or diner with a few other rich friends. Investment crowdfunding created ...more

Non-fungible Tokens (NFTs) are all the rage these days. But what are they exactly? On this podcast, listen to Samson Williams, the President of the Crowdfunding Professional Association, as he explains in simple terms everything you need to know about NFTs and Distributed Autonomous Organization (DAOs). Whatever your background knowledge is of crowdfunding, tokenization, blockchain, or technology, you’ll get all the info you’ll need to understand why there’s so much hype around it all, and learn some pointers on how to protect yourself from possible fraud as well. Be warned: you may be floored by the truth bombs being presented on this podcast!

LISTEN ON SPREAKER HERE >>>

NFT marketplaces such as Open Sea allow you to create and sell non-fungible tokens of just about anything you can imagine. But when you buy an NFT, what are you actually paying for? What do you really own? Where is the value in your “investment”? What does proof of authenticity exactly mean? How is the NFT cre...more

Web3 ...

there’s so much hype around a term that has a hazy definition -- it calls to mind the parable of the blind men and the elephant.

Man 1: Web3 is about blockchain and decentralization, you know, a DAO (decentralized autonomous organization).

Man 2: No, it’s DeFI and getting away from BigTech or around regulation by CentralGov.  

Man 3: I think it’s all about cryptocurrencies and non-fungible tokens (NFTs).

Man 4: It’s definitely about self-sovereign identities and getting people paid in a creator economy.  

Man 5: It’s beyond the creator economy, it’s the new OWNERSHIP economy.

Me: It’s about giving VCs and casino capitalists some new concepts to feed into the hype & hope machine which will allow them to raise ever larger amounts of LP money tied to their age old “2 + 20” business model.  

Yes, I’m the cynic among the blind men and sorry, there are no women in the blind men and elephant parable.

The massive amounts of investment flowing into this grand new era...more

This is for Natasha Taylor as she, like most professionals, have been inundated with so much misinformation about NFTs that it makes a sane rational person feel crazy. You’re not crazy. Your rational brain is just warning you not to drink the kool aid. Because regardless of the flavor (Non-Fungible Token) the kool aid is still laced with bullshit. 

Non-Fungible 

The easiest way to understand the term “non-fungible” is to remember that your friends are non-fungible. Meaning, you can’t replace your BFFE with someone else. Why? They’re unique and irreplaceable. Hence why if you treat your “friends” like they’re replaceable (fungible) you’ll find yourself all by yourself. A non-fungible token is like your best friend, you can’t just replace it with something else. Thats it. Got it? 

NFTs and Digital Scarcity 

Digital scarcity does not exist. There is no such thing as digital scarcity in art. Find any image on the internet, right click on it and save it to your desktop o...more

Kathleen Minogue leads Crowdfund Better, a social enterprise designed from its founding to help entrepreneurs access capital through crowdfunding. Much of her effort has focused on underserved communities, including women and BIPOC entrepreneurs.

“Our goal is to provide education to help empower people to understand that this opportunity exists to use crowdfunding as a capital-raising tool,” she explains. “While I believe it is magic and it is transformational for so many people, there’s a mystique around it, and you know, we want to pull the curtain back, and you can see the man or the woman moving the levers.”

Kathleen didn’t start in the business community. “I taught middle and high school, and so when I came to this space, I wanted to find a way to reach anyone, no matter what level they were at and help them to crowdfund better, which is how I named the company.”

She believes she can help anyone learn the skills to crowdfund successfully if they invest the time to learn. She appl...more