But which NFT should I buy now? Perusing OpenSea, I see a fierce-looking cat wearing a gas mask and brandishing a squirt gun, a portrait of the rapper 50 Cent rendered in the style of Rembrandt, a snail with rainbow-colored eyes and tentacles sporting a Santa hat, a yellow dog with a mustache puffing a cigar, and a goat that looks like Elvis Presley. And I ask myself in earnest, “What the heck am I doing here?”, but at the same time I find it all somehow amusing. But out of the thousands of NFTs, how do I identify the one that will turn my 100 Swiss francs into 10,000?
So, it’s back to YouTube. Fortunately, there are thousands of videos there touting simple, sure-fire ways of becoming a multimillionaire with NFTs in a flash. While I click on the first video on the YouTube page, in the back of my mind I’m already thinking about whether I should order my new Lamborghini Aventador next week in Taweret blue or Nimbus gray.
But alongside videos with sensational titles like “Become a Millionaire with NFTs in 3 Easy Steps,” there are also plenty of serious instruction guides. Most of them steer me toward NFTs that belong to a collection. NFT collections bring the principle behind classical trading cards – think Pokémon or Panini soccer stickers – into the digital age.