Can NFT Project’s Recover From Zero? Building an NFT rebound strategy! | Episode 220

NFT 365 Podcast - Episode 220 - Can NFT Project's Recover From Zero? Building an NFT rebound strategy!

Simple question…  Can NFT Projects Recover from falling to a floor price of close to zero and/or zero activity on secondary sales?

I dive deep into this idea, some ways I think project founders can change the tide and what we as NFT owners can do to empower our favorite NFT projects to recover and thrive in the future! 

s always: DO YOU OWN DAMN RESEARCH and we hope you enjoy coming on this Mint 365 journey as we buy an NFT every day for 365 days: https://nft365podcast.com/mint365

The 1st DAILY Podcast buying an NFT mint every day for a year! SuperPOWERED $ADHD Creator Coins on Rally.IO 

The NFT365 Podcast is Hosted by digital futurist Brian Fanzo. 

If you believe in the project, right now is a great time to double down on being supportive and active in their community. - Brian Fanzo, Host, NFT 365 Podcast

Can NFT projects recover from position zero? We think so! Here’s our strategy to ensure a rebound for your project????

#NFT365 @NFT365Podcast @iSocialFanz

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Episode 220 – Can NFT Project’s Recover From Zero? Building an NFT rebound strategy!

#NFT365 @NFT365Podcast @iSocialFanz

NFT 365 Podcast - Episode 220 - Can NFT Project's Recover From Zero? Building an NFT rebound strategy!
EPISODE TRANSCRIPT

Kevin Sturmer 0:00
You’re listening to NFT 365. The first daily podcast on NFT is with your host Fanzo, talking crypto, blockchain, web 3, non-fungible tokens, metaverse, and

What the f*ck is a non-fungible token?

We’ll get to that. It’s time for today’s episode of NFT 365. The only daily NFT podcast minting an NF T every day for 365 days. Powered by the ADHD coin at rally.io. Here’s your host and digital futurist, the ADHD superpowered to Brian Fanzo.

This show is not financial advice. So, do your own damn research.

Brian Fanzo 0:43

What’s up friends, welcome back to another episode of NFT 365. And we are riding this roller coaster known as the crypto market. And on top of that we are leading up to, you know, the biggest event, I think we can put that on the, on the calendar, we can put that out there and my non biased opinion that you know, the biggest event in the NFT space, that’s for sure, which is NFT NYC and you know, I even put a tweet out the other day, saying that, you know, really no matter the market, or no matter how you will, a lot of things are kind of happening right now. There are a lot of great people doing great things, and there are a lot of great events that are being put on and there are a lot of great examples that we can look to or, or focus on as far as, you know, places that we can learn. And, you know, I even said this, you know, back a couple episodes ago around goblin town, right? There’s something beautiful about you know, how can we study this project that was kind of a stealth free drop in the sense of what he could provide us and, and how that kind of shows into the market. But there’s also something really beautiful about being able to, you know, learn and test things out and, and see how different people are doing different things. And one of them might be the fact that, you know, how do we survive a, you know, a market where, you know, things are down. But if you know, if you’re a project founder, and you’re listening to this, and your project, maybe the floor price, or even activity has dwindled down to close to zero, or maybe if you are someone that is heavy into a project, where the price and activity has to go down to zero? You know, I think there’s a there’s kind of like a feeling of like, well, what now? Or where do we go from here? And I think there’s something beautiful about the idea that says, you know, how can we rebuild? But also how can we like address maybe some of the things that we either ignored or didn’t address in the past? And then I also think, you know, because a project has a floor price of below, let’s throw for Ethereum below. Like, if there’s two zeros. After that decimal point, like, there’s definitely people that can feel we can feel that concern, right. And I think rightfully so I think the first thing we just have to accept is that, you know, that is concerned, but there’s also just a basis of like, if you looked at other projects that are similar, or have a similar audience or demographic, you know, how many of them are moving? Right, I think that’s something that we kind of sometimes forget, because, yes, this is, you know, in many cases, you know, apples and oranges, and I mean, grapefruits, I mean, whatever you might want to throw it out there on, as far as like, it’s hard to compare directly with other projects. But I think it’s important first to take a pulse of like thinking about, like, it might not mean that the project is dead, or that people aren’t believing in the project, there could be a lot of other extenuating circumstances, including just the fact that you have a lot of people that have never been through a bear market like this, you know, there’s confusion, there’s sometimes there’s like, angst and in some cases, some people will panic sell. And other in other cases, people will just take the, the Fudd or the, you know, the emotional, let’s just say lack of lack of emotional stability of others and allow that to impact themselves, like even in, you know, like how they’re making their own decisions. And so, with a project that’s at zero or has multiple zeros after the decimal, I think one of the things is that we have to be able to take a step and say, okay, you know, what, what is the core community? Who are the core community members now, right? How many, you know, how many people what’s the total number of unique users? Right? These are all things that you know, we can talk about it from a vanity perspective. But you know, one of the things I think we also have to take a step back on and say, you know, if if the people that wanted to sell because they no longer believed are the only ones that have been selling over the last couple of months. That doesn’t really give you a good pulse of what the true community and believers are. But for me, there’s projects that I hold many in my bag right now that I don’t I haven’t even looked at the floor price in two weeks because I’d miss gonna assume that there is a point 00 And then some random number after that. But for me, the reason like I haven’t cared even look at the floors like It is twofold, right? Like, I believe in the project beforehand. I believe in what they were building in the, in the community that they have kind of focused on. But I also know that like, right now, it’s not, you know, there’s it’s not really easy to to determine like that, can this project come back from from you, let’s not even say extension extinction come back from this market. And so as, as Project founders, or those that are working in, you know, can influence project founders, I think it’s really important to double down on communication, double down, and what I mean by communication, let’s be very clear. It needs to be two way communication, not one way.

Brian Fanzo 5:40
Right? No one loves being told what to do. I am living proof of that, for sure. But also, no one loves just feeling like, Hey, you’re sharing what you have going on. But you’re not listening to us, you’re not allowing us. And it’s not about like, letting every person in to have an opinion. But it’s it is a little bit about saying, hey, there are a lot of people that want to voice, you know, their concerns or their beliefs. And I mean, if you think about it, you know, if you’ve been worried about the roadmap, or you’ve been, you know, let’s say concerned about, you know, what utility and maybe maybe the big utility was a Metaverse or immutable utility was a video game or a comic book, right? I know, a couple of projects that I know of that are in that space, it’s actually a probably a great time to like, pause a minute and say, Okay, how can we survey How can we, you know, pull from our community and I can promise you just going into discord and posting a, a, you know, a poll is not good enough, right? There are a lot of people that I can guarantee you that there are a ton of people that just decided to, you know, pull back from NF T’s or pull back from discord, not only because of the market, but because it’s summertime, right, there are a lot of things going on, people are traveling, families are on vacation, people are visiting. And so I think it’s important to kind of, you know, really kind of lean in on a marketing plan that says, hey, we’re here, we’re not going anywhere. But we’re also want to make sure that what we’re building is what our core culture and an owners are looking for. And it might mean something like, You know what, because I mean, I mean, here’s my truth. Like, I don’t think investing in any of the meta versus right now is a smart play. Go look at what decentraland users base is right now. I believe last time I checked, they’re down 180% users at the moment from compared to earlier this year. Go look at sandbox, and the transactions inside of sandbox for the different skins and things. It’s almost non existent. Like I mean, I, it’s one of those things that we have to take a step back and say, Okay, wait a second. Because when the markets down when the shiny object is a little less shiny, part of what we want to double down on is like the things that we know, like NF T’s are already very, you know, we’re already outside of our norm. Probably most of our friends aren’t even understanding and, you know, like, I had a friend messaged me two days ago. And he asked like, Hey, man, like, I love what you’re doing with NF T’s. And you know, you’ve been really doubling down, what are you doing now that those things are on the way out. And I was like, what, but then I had to take a step back. And this was also someone that looked at this market as saying, like, waiting for the other shoe to drop, or being like, Brian, that’s nice, you’re playing over there in that little lake, playground, that little land over there. Whenever the bottom falls out, and you jump over to your next shiny object, you know, like, let me know what you’re doing. And so you have to remember, there are people that are probably feeling like the project that that either you own or you’re a part of, or maybe you have heavy into that maybe that project, they kind of wrote it off. So like your choice is, how do I help them see the light? How do I bring them back in? Or maybe just how do I double down on my core, right? Because I think there’s another there’s another kind of facet to this where, you know, look at your active community members, look at who’s using the NFT as a PFP on Twitter, right, there’s a, there’s a really great tool, it cannot come into my mind right now. I think it’s good. And it’s not sniper, inspect, NFT, inspect. NFT inspect actually allows you to see how many people in on Twitter are using a certain NFT profile PFP. Now I do believe it requires like a certain amount of people to like to opt in for it to actually do like the entire poll, but it’s actually something that I’ve been thinking about and I’m gonna give a huge shout out to a project that I hold a lot of, but I think I talked about it much here on the podcast, and that is the O X apes, which you know, expansion apes project. They are the you know, the amber yellow tribe. They like to refer to themselves as but you know, I’ve

Brian Fanzo 9:54
been I mentored that project way back when and, and I will tell you, their Discord is thriving. their, you know, community, the people that are interacting with, across our project right now on Twitter are really I mean, all in, they’ve bought in, they believe in, you know, a lot of the mission and a lot of things that are going on. And, and I say that because, you know, it’s easy to look at like a project or a, you know, an NFT utility and say like, what are they providing? What is their value? And I think for that project, more so than anything else, they’re helping all of those NFT holders not feel alone, and feel like they are, you know, definitely part of the the journey part of the, the team and, like, they’ll do like a Amber wave, or they’ll do like, hey, you know, this new member joined our community, you know, everybody welcomed them. And I’ll look at that tweet, and there’ll be 400 individual replies. And I think like, those type of moments, right, like, if a project is zero, I would say the thing that you need to look at is saying, How can I help people realize that a, we’re not giving up. And that be, there are others like you that believe in this that are probably questioning the same things? And it’s okay to question them. And I will say, on the extreme other side of the O X apes, you know, unfortunately, another project that I hold a lot of, and I’m not one that’s going to fund it, so I won’t fund but I will just say, I jumped into their project, and their discord. And a lot of the conversation coming from leadership was, if you don’t believe in us, you might as well sell us now. And that like kind of elitist narrative is, in my opinion, Bs, because saying, like, if you don’t believe in us now, like part of the, the, here’s the truth, right? Like, there are people that, you know, the the floor price not might not be the thing that, you know, they worry about because they don’t plan on selling, they believe in the project. But the floor price being next to zero and no activity. That’s what, that’s the sign for most of us that a project is about to die, or they’re gonna about to give up. That’s, that’s always been the sign. But I think the most important part of this is like, if 80% of the projects that people are holding, are at that level. Now they’re just looking for that, like, okay, what are the ones that I can still believe in? And here’s the crazy part about it is where eath is at the moment, selling, it doesn’t even really matter for people. So here’s the thing that I actually like to like, kind of like address on this as well, is that, like, what could you do? What could you provide? How much utility or access or, you know, conversation, could you really manufacture and start putting on the map that would make people turn their dis discord notifications back on?

Brian Fanzo 12:47
Now, I’m gonna warn you, that is a heavy lift. Two of the the apps that I have been most successful in my career on. One of them was a live streaming apps, both Meerkat and Periscope. And I’ll give a shout out to Blab. And then clubhouse approach, you know, a social audio app. Of course, many of you know that I was all in spending 6080 hours a week on. But I will tell you that the reason that I believe Periscope struggled, was that they didn’t allow customization and personalization of notifications. The reason I believe clubhouse did not be able to ride the wave that they had created, you know, a year ago right now, is because they neglected the ability for, you know, notification management. And so people would be like, I feel like I lost a lot of amazing listeners to my shows on clubhouse, not because of what I was doing. But because there were others that were popping up and to be in clubhouse and they would you turn them off there. It’s probably because of someone else that is not respecting their, their time or their you know, their notifications or their you know, really their, you know, their interruptions. But who’s heard is everyone on that app that now for a lot of people, I bet you for some of you that are listening this right now, the day you turned off notifications for clubhouse was the last day that you went back into that app. So let’s take a step forward on that with NFTs. If people all of a sudden turned off notifications, maybe for all of their discords or maybe for just your your discord. The question now becomes like how do I get back in front of them? How do I show that that we are worthy and worth putting notifications on. And here’s the here’s one of the tips and advice that I would give is that I would double down, maybe even triple down on being active outside of your closed gates of your own discord. There are a lot of discords that have a lot of founders and a lot of people that are are in them across the board. If you know that your community is heavy in another project as well. As a project founder I would go support that community and be active as hell. Active as hell supporting it. simplifying another, even so much so that, let’s say that you knew like, okay, hey, I’m the founder of this project. And I know that we have a very massive overlapping audience in another project. And maybe you hold one or two of those NFT’s and another project, I would go buy 10 of that other project, like go in and be like, You know what, I’m not going anywhere, our projects still around. But I also know that this is, this is a project that our community is active in, and I’m going to support it, I’m going to own it, I’m going to be in the discord and I’m not going to be making about myself about celebrating others, you know, replying to people, like I find this like, one of the things for me, and then this is speaking from like, a, an NFT owner perspective. Right. And I had this experience last week. we couple the discord is that I’m fairly active in you know, that our projects that I talked about a lot here on, on the podcast, right, from psychedelics, anonymous to crypto chicks to, you know, meta athletes and a couple other ones and I was in I was actually in psychedelics, Anonymous is discord. And I had posted kind of like a reply to someone on how I love the game theory. And I was studying the game theory. And I got a reply from a project founder that I hadn’t heard of heard from in a while. And I 100% have turned off discord notifications for that project. And the reply was like, Man Fanzo, like, I was listening to podcast. This was really cool. And like your view on psychedelics Anonymous is really helping me like, own that like, and then he asked me a question. And the first thing I thought of was like, how cool is it that like, he’s interacting over here, like, I forgot, he was a, he was a PA holder. And the second thing I thought of is, oh, you know what, I wonder what’s going on with that project? So like, even before, I replied, I jumped over into that projects, Discord. And I realized, oh, man, I did turn off notifications. So what did I do I turn on notifications, because it’s like, if there’s something going on here, if he’s active, in this other one, he’s probably got some things going on here. Or if he’s active in another project, and the other one is dormant, that’s probably a good sign that like, they’re moving on, because that was a lot of the signs in last fall, was when all project founder all of a sudden stopped caring about their own project at all. I was like, oh, okay, here we go. But like, that actually inspired me to go back in and turn notifications back on the other discord, and in true ADHD fashion, just to put this out there. I forgot to reply back to that person’s discord comment that they inspired me to do so. So actually, now that I’m thinking about that, and I’m done recording this podcast episode, I’m going to go into their reply to that comment. And also going to say that I told the story over here on the on the podcast, and, you know, and, you know, that’s just the, you know, the ADHD, you know, warning here, right, of course, is like, when people assume things like, Oh, someone’s not replying or not engaging, it’s easy to assume that they don’t care or that they’re ignoring you, or ghosting you. But it’s also give a little bit of space. For those of us that are like, we were so excited to reply. And your comment or question is, is so in depth that we want to go take the time to reply, we want to make sure that we want to go check in on what’s going on. And then unfortunately, for some of us, our beautiful brains forget to allow that to stay top of mind. And it has zero to do with like priority or focus or, you know, our ability to care about someone or something, and has a lot more to do just with a lot of other things going on in the world today. And so, you know, the idea of like, you know, can a project recover from zero? Hell, yes. Will most projects recover from zero? I’m gonna say to be determined. Because you know, what, you know, that Gary Vee comment that, you know, is made its head weighed. And I think, unfortunately, people are looking at this as like, man carries a, he’s a, he’s a predictor, when he said that, you know, he thought 98% of NFT projects were going to fail. And people don’t realize that that clip was cut. Because where that original comment came from was 98% of projects are going to fail. Because the project founders aren’t thinking of this, as a business aren’t understanding how to deal with crisis management or communication, and aren’t fully bought into even the project that had made them millions of dollars. And so the truth is, if you’re listening to this podcast right now, and you’re starting to think about, okay, how can we recover? How can we build back? You’re not one of those people. You’re not one of those 98% that Gary threw out there? And I and I, to me, I

Brian Fanzo 19:34
understood where he was coming from, but I was I was one of them. That was like, dude, there are people that it’s almost going to feel like, well, Gary was right, you know, our project failed, what did the project fail? Or did the market just kind of shift and force a lot of people maybe to make decisions that they they didn’t plan on making or that they didn’t know how to handle? And so the other part of this that I will say is that You know, it’s very easy to say, well, I guess this project failed, I will move on to another project. But I’m gonna put a real big caveat on that. I take notice of that. And if anyone doesn’t know the azuki story, you’ll Zuki, who has been a project’s been a top 10. You know, many put that in the blue chip category. I struggled only because, you know, the art and the utility wasn’t like, right, like the exact thing that I was looking for. But I was impressed with the project and, and studying it from afar. But you know, for everyone that remembers or knows the story, like the founder, put out a medium blog post. And the medium blog post just simply said, like, you know, I hope everybody knows that, you know, projects you have to project founders need to learn. And he said, you know, because I launched four other projects that failed, but because of those projects failing, I was able to figure out what works for Zucchi. Now, it might sound like a wow, like, That’s a great story. But it doesn’t make sense why you’re telling it here. Here’s the truth. Those four projects were not projects that just failed. Those are projects that took the money and run. And there is a damn big difference from a project failing. And a rug pool, where someone does not only not deliver on their promises, but disappears, ghost them doesn’t turn into discord turns the discord off. And so if you’re, you know, if you are involved with a project founder, you’re a project founder that’s listening to this, or maybe you are heavy into a, a project, I think the caveat to remember here is that we remember, and the blockchain doesn’t lie. And if, if the idea of the narrative becomes you know, what, this project is going to zero, we don’t have a very active community, I’ll just create another project, and people will just come on board there, I’m gonna do everything in my power to be like, that’s not the norm. That’s not okay. That’s not the way we can think about this. And that doesn’t mean that you don’t reinvent the utility, you don’t readdress the roadmap, you don’t like I think every project right now should have a It’s not roadmap 3.0. It’s not roadmap, you know, it’s Hey, roadmap during the bear market, things that we are thinking about adjusting that we are that we are focusing on. The other thing about it is, what are some things that you can do to change the momentum, the tide and energy, you know, one of them that I think you can do is come up with ways to allow people to burn their supply? What if you were telling people like, hey, you know, what we can do? I know many of you hold multiple NFTs, what if we created some roles in the discord, or we we came up with ways that inspired people to burn some of their NFTs, that would ultimately shrink the supply, but would reward them in other ways. And the reason that I think this is important, is that there’s you can either do a burn mechanism. Or you can even do the idea of like, what if we were able to, you know, add some availability of NFT’s for people to purchase, without it being the fact that we need to add it on to the total amount, right. And, and the reason I think this is something to think about is that, you know, for a lot of people when they win, like right now, when you’re looking at projects, and I I’m very careful not to just say like, right now, everything’s Costco and everything’s on a discount, and you should jump back in. Because here’s the truth for a lot of us. Everything might be on a discount, but you know, what else is discounted? Our damn ETH. So like, it might be cool that like, oh, everything’s cheap. But you know what, I had my money in the same thing that went down to make this whole thing cheap, right. And so the part that I want to kind of pull this back together on as we kind of, like, think about this, and is that I also want us to remember and to believe and to realize that, you know, we need to be there for our founders, and those owners of NFT’s that we hold, right? Let them know, right? So if you are, because this is the other part of this is that if you hold the NFT and you believe in the project, right now is a great time to double down on being supportive, double down on being active in their community double down on realizing that you know, what, wait, how you can be supportive, maybe you don’t have the eath to buy a sweep the floor. Maybe you don’t have the bandwidth to be there everywhere, but maybe volunteer to say, Hey, can I can I help promote out some of the upcoming Twitter spaces? Can I be active? In bringing in questions? Can I be one that, you know, supports us in different ways? Right. And I think there are ways as owners of these projects that we can not only help motivate, inspire the owners and and for some people, they’re

Brian Fanzo 24:33
gonna say, that’s not my job. That’s not it’s not your job. But you also you can decide, are you an owner? Or are you on someone that’s on there that just wanted to ride it when things were good? And you bail and things are bad. And there are people that are like that and I think you know To each their own. But if you’re listening to this now and you’re a believer, you believe in a project you believe in the art you believe in the community. Maybe you believe in the in the roadmap shouldn’t change it Right, now’s a great time to make that, you know, to make that voice heard. And it’s not about toxic positivity. It’s not about ignoring the state of the market. It’s not about understanding that this might be a long haul. But it’s about recognizing that like, Hey, you can play a role by simply being the supportive the amplifier, the person that helps others realize that, hey, we do have a voice here. And the last point I’ll say is, and this is one that I’ve been thinking a lot about, and I won’t go into any detail beyond just the fact that it’s something that has crossed my mind a lot, is that there are a lot of project founders that have never built something from scratch or understood how to deal with controversy, or you know, with tough times and, and I will tell everyone go back and listen to the interview I did with with M. And Amanda, with crypto chicks it was wasn’t too long ago was about a week ago. Because M talked a lot about keeping it real. And talking about how hard those times were, as they were removing the founders and the founders, artists, but then they had to rebuild that trust of their community. And they had to rebuild the trust with an artists that was violated by the original founders and the original artist. And if you think about that, like it is hard work. And I know there are some founders that aren’t built for that, and aren’t prepared for that. And I think some of those founders are going to have to take a quick look in the mirror and say, Should I give up part, or maybe all of this project for the better of the community? I know I mentioned earlier, that the blockchain doesn’t lie, and we remember things, right. And so I think NFT project founders that give up with the idea, well, I’ll just launch another one, and people will trust me because I, I, you know, I, I tried hard on the other one, and, and this new one, I won’t do the same. Now, I don’t think that’s the case. But I do think the case is if if project founders are willing to try willing to put the community and a culture in front of their own ego, then there are a lot of project founders that probably can sell off the contract can allow the community to take it over to get him on board or bring on additional founders, co founders now to help shape that, and I believe they will be the ones that can reinvent that will be looked at as saying, Wow, I like that person. Because even though they that project that they were the sole founder on was struggling, they recognize enough to know that this community was worth not giving up on, but that they might not be the one that should be leading the ship. Right? How many? How many businesses, small businesses, startups, that probably wouldn’t still be around today? If the founder would check themselves before they wreck themselves, you know, I just always, for whatever reason, I have to go down that path. But if they, you know, because they there’s an element of like, you know, we have the Titanic. And the captain says, you know, what, screw all of you I’m gonna stay on the boat and go down with the boat. Or are we saying, hey, there might be someone within this community might be so on, or multiple. So ones that I can include, I can bring in, they can help right this ship, and maybe I have less of a percentage on secondaries, maybe I give up all of my secondary sale percentage, and I focus more on the fact that I already have a decent bank role in this project. And I believe in that in my legacy, my reputation is more important. Because I’m gonna leave you that with this. As far as you know, I do believe projects come back from zero. I do believe a lot of project founders don’t believe that they can make a project come back from zero. And I also think there’s a lot of NFT holders that believe once that project gets to zero or close to zero or has too many zeros, then it’s probably worthless. And Drew can attest to this, you know, and I do and I talk a lot and I will say tell drew like to say Brian, you think I should just dump this and I’m like, dump the NFT for $18. Or double down on holding it and believing Hey, Freeman’s can turn into goblin success,

Brian Fanzo 29:13
who’s saying that the future blue chips aren’t ones that were reset to zero, figured out a new way to add new utility to build onto that community and, and leverage and move forward. And the thing that we have to just remember is that it is so hard to build trust in this day and age, especially with a blockchain that doesn’t lie, right? The idea that, you know, all of our actions speak for themselves. We can’t see that we support a project and then when someone looks at our wallet, every tick tock person because there’s a lot of Tiktok errs that put their you know eath address in their tick tock bio. And then they make claims about, you know, this project being the greatest project ever and they believe in the project. And then I go look at their wallet and they flipped one an hour after posting that tick tock, and I’m like, Oh, okay. Note note taken. But the point that I wanted to leave you on is this is that, yes, it takes a long time to build trust. And overnight, you can lose trust. But it’s also something to remember is that it is, it is often not worth the idea of saying, you know, what, what if, if I give up here, I’ll have a chance to start off start over. Well, will you? Will the trust be there? How long will it take you to rebuild that trust? And, and you might be like, well, I can go on and on, I can go anonymous, that trend that fad is going to be a hard to sell coming out of this market. Like one of my predictions, we will not see founders and co founders and developers staying anonymous moving forward. projects that are being successful moving forward. cannot rest on the fact that that in the past that was okay. Because a lot of people are scared. A lot of people are saying, even if this thing turns around, how long is it going to be there? How do I know that I can bet on these people. And so the thing that I just want to put out there is that it might actually be more more advantageous for you to spend the next six months working to bring a project back from zero and even if it doesn’t succeed, it leads proving that you are someone that doesn’t give up and that you are someone that is here for a long haul because that’s someone I will trust. The someone is looking for the exit button the excuses blame the blockchain, blame a Bitcoin blame Aetherium being down, blame the merge for not happening. Beam Solana for being, you know, going out more times than it should ever have gone out as an ill one. Or how about we just own the fact that times are tough things have changed. And that we can double down and work hard. And maybe it might not be successful. But I can almost guarantee you this. If you work six months on trying to bring it back a project from zero. At that point, you decide, hey, this isn’t, this isn’t going to be worth it. Your ability to build trust, after that will be much faster, easier to scale, and the story will be easy to tell, then someone that gives up today, and thinks they can launch a project in six months, and everybody will forget the past. Just take a look at that. Think about that. Anyone that’s listening to this, you know,

Brian Fanzo 32:19
maybe you’re not a project founder, but maybe someone, maybe your favorite project needs to hear this. Do me a favor, just share this podcast episode, you don’t have to tell them to subscribe, you just click that share button, hit that copy link and send this over to them and just let them know like, Hey, you’re thinking about them, hey, you believe in them, hey, this is something you could could listen to. Because, you know, that’s what this is all about. Right? It’s about educating. It’s about learning. And I will tell you, there’ll be plenty of episodes moving forward that I know for a fact that I’ll be talking about projects that rebounded from zero, right. And maybe we need to even put a new label on him, I think maybe we could call them the Phoenix projects. And I just think about that off the top of my head right as the as the Phoenix always rises from the ashes. And I’m a huge fan of, you know that, just that that genre that concept. And there are gonna be we had a lot of slow burn projects that have figured out success. I think we’re gonna have a lot of Phoenix projects that are going to rise from the ashes, they’re going to prove that their culture, their community, their belief in what they were originally selling is still there. And they’re gonna be ones that people are gonna be extremely proud of. Because think about all those holders and say I was there. At the beginning. I was there when we went to zero. And I was part of it as we rose from the ashes. I don’t know, let’s throw it out there. Let me know your thoughts. As always, I appreciate everyone listening here to the podcast. If you haven’t a chance to leave a review. Do me a favor. That would mean a lot to us. If you could just jump over to Apple and iTunes and leave us a podcast review. Or maybe you’re you’re asking like hey, what can you do to help the podcast? Share the podcast out on your favorite social network, jump over to the website, grab one of your favorite episode, share it out that you know the more more listeners more impact that we can make the more people that we can bring into the conversation the better and for those that are, you know, in New York, that are listening to this ahead of time look forward to you’re seeing all of them there. I will be speaking on Wednesday morning and the Edison ballroom on the topic of a futurist mindset and sharing a little bit about what it’s been like to you know, minted NFT every single day and this whole journey and lessons learned and of course, you’ll hear plenty of that here on the podcast, but it’s time for me to pack my bags and go hit the train way up to New York. And hopefully inspire, motivate, connect with our founders that believe in not only coming back from zero but what’s possible. Until tomorrow, my friends make it a great day. Cheers. Not

Kevin Sturmer 34:43
This show is not financial advice, so do your own damn research.

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