'Get the reps, get the learning'

The world of non-fungible tokens (NFTs) can seem daunting for those new to the crypto space, but according to Jayden Levitt, an NFT expert with a large following, it doesn't have to be. In a recent interview with The Crypto Radio, Levitt provided a straightforward roadmap for beginners looking to dip their toes into the NFT market.

"If you're a newbie in the space, my advice is just get the reps. Get the reps, get the learning," Levitt said. He recommends starting by simply buying an NFT, no matter how small the investment, to get a feel for the process.

The first step is to set up a digital wallet, which Levitt says is easy to do using platforms like a Coinbase wallet, Phantom, or MetaMask. "Don't overthink it," he advises. "I know that crypto bros out there are like, 'No, you need to have a ledger and self-custody.' But actually, more people lose their seed phrase than get hacked."

Once the wallet is set up, Levitt suggests heading to OpenSea, the leading NFT marketplace, and browsing the available collections. For beginners, he recommends starting with a project like Curio Cards, which he calls a "good risk-adjusted" option.

"Curio Cards is the first ever art on the Ethereum blockchain, or one of the earliest art projects on the Ethereum blockchain," Levitt explains. "The reason why it's significant is because art is kind of like at the epicenter of every cultural change, and people collect it as a collectible."

The beauty of Curio Cards, according to Levitt, is that individual pieces can be purchased for a relatively low entry price. This allows newcomers to get their feet wet without risking too much capital.

But the real value in buying that first NFT, Levitt says, goes beyond just the financial investment. "What happens is it takes about 15 minutes, because obviously the Ethereum blockchain is slow at the moment, it gets into your wallet, and then all of a sudden, something psychologically happens. So you realize, hold on a second, this is actually really good fun."

Levitt explains that the act of owning a digital asset, of having "skin in the game," can accelerate the learning process in a way that simply reading about NFTs cannot. Suddenly, the collector mentality kicks in, and people find themselves checking their wallets daily, admiring their new digital collectibles.

"I look at my wallet every single day, and I look at all my NFTs in there. And because NFTs are now on internet rails to a global audience, more people can see the things that we buy and what we buy actually says more about who we are than what we PR on social media."

For those willing to take the plunge, Levitt believes the potential rewards of NFT ownership are significant. Not only can the value of the NFTs themselves appreciate over time, but the digital assets can also serve as a means of self-expression and community-building in the Web3 space.

So, if you're a crypto curious beginner, Levitt's advice is clear: don't overthink it, just get started.

 

Listen to the whole interview on The Crypto Radio's live player or in the Crypto Culture podcast.