While some traders are looking for a quick profit, others are willing to hold on to their digital assets in order to pursue larger goals, such as a “mega yacht”.
On Twitter, the founder of Mintable Zach Burks talks about how he came to Web3 and talks about how he went from bankrupt and unemployed to the founder of a non-fungible token (NFT) marketplace. Burks discovered Bitcoin (BTC) when it was discovered in 2012 at the now defunct crypto exchange Mt. Gox was just $5.50.
Since then, Burks has been buying and trading cryptocurrencies. The Mintable founder says that at some point he moved from trading BTC to buying Ether (ETH). “My goal was just to accumulate ETH and never sell it until I can buy a mega yacht. I still haven’t cashed out,” he wrote.
Finally, Burks realized that he wanted to become a Solidity developer. He began to study, participate in hackathons, test smart contracts and work in the industry. At this time, he had become financially independent three years after the start of his activity, as he continues to tell.
The NFT expert then moved to Thailand to found Mintable. In 2017, he missed the chance to get himself a CryptoPunk. After that, he invested in cryptokitties and fell in love with NFTs.
And that’s when it happened, somehow, not purposefully, I feel in love with NFTs. I’ve only worked with NFTs since 2017 and continue to do so.
I love them with a passion. And passion drives what I do, and when you combine these attributes…
– Zach Burks (@ZachSpaded) August 22, 2022
Today, according to the founder, the NFT marketplace Mintable is worth hundreds of millions of US dollars and the team is growing steadily. In conclusion, Burks gave some more advice. “Take risks. Never sell your cryptocurrencies. Learn to use your brain,” he wrote on Twitter.
While the NFT prices of prominent collections are falling, the number of investors holding NFTs continues to rise. According to an NFT statistics website, nearly 500,000 users bought NFTs for the first time in June and July