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I Have Been an NFT Failure — So Far
Like most everyone else, the proliferation of stories and news of seemingly instant riches piqued my interest earlier this year.
I caught wind of the trend just a bit before the news exploded everywhere when I heard Kai Ryssdal’s story on NPR’s Marketplace about NFTs while driving home from work on March 3rd.
After arriving home that day, I did some online research about NFTs and then told my family about them. I urged my son, an aspiring composer soon to embark on his graduate school journey in Denver, that he should consider listing some of his original compositions as NFTs.
Instead of sitting in digital files on his computer, I felt certain that someone out there would be willing to pay, perhaps in multiple Ethereum coins, for the right to make them their own.
After having lectured my son on more than one occasion about the importance of generating passive, long-term income, he quoted me and said that he is not willing to give up the rights to something with that potential for a one-time cryptocurrency boost.
After reading story after story and watching one YouTube video after another, I thought that I would give it a go, myself.
