How to get started with NFTs, with Lu Li

Lu Li is passionate about NFTs and Web3. In 2015, she founded Blooming Founders, a platform and ecosystem designed to help early stage female entrepreneurs. She recently started to invest in NFTs and tells me how to get started, how to avoid scams and do your research and what type of returns you can expect from it. We also talk about how NFTs are building strong communities online.Investing in risky, this new market is volatile and unpredictable. Make sure you do your research and remember to only invest what you can afford to lose.Today on The Wallet: 1) Web3 refers to a decentralised online ecosystem based on the blockchain. Non-fungible tokens (NFT) are tokens that we can use to represent ownership of unique items (art, music, etc). We also talk about how NFTs are building communities online and what people chat about there.2) How to research, avoid scams, buy and sell NFTs, why you also need cryptos to get started and what are the risks/returns and behaviours.  3) How much money do you need to live the life you want? And how do you become financially free?You can follow and connect with Lu at:LinkedIn: https://www.linkedin.com/in/houseofli/ Twitter @houseofli Book: Dear Female Founder: 66 Letters of Advice from Women Entrepreneurs Who Have Made $1 Billion in RevenueResources mentioned in the episode:Crypto Coven: https://www.cryptocoven.xyz/ Our podcast partners PensionBee are also offering you a £25 pension contribution (£20, plus £5 in tax relief) when you sign up. To claim the offer, follow this link: https://www.pensionbee.com/vestpod. Capital at risk. We are also supporting UNICEF Ukraine via: https://www.unicef.org.uk/donate/donate-now-to-protect-children-in-ukraine/ I’m Emilie Bellet, the founder of Vestpod - a thriving community that financially empowers women, author of You’re Not Broke, You’re Pre-Rich and host of The Wallet! You can learn more about Vestpod, join our events and subscribe to our newsletter at www.vestpod.com and on Instagram @vestpod. Join our private Facebook group: @vestpod.  We want to open up a direct conversation with you on the podcast. You can submit a proud money moment, a question or a comment on a previous episode. You just need headphones and mic at the ready and follow this link (https://telb.ee/abrzt) or email me the recording at [email protected].* Please note that we are not certified, financial advisers! The articles and information made available on Vestpod and this podcast are provided for information and educational purposes only and do not constitute financial advice.* Hosted on Acast. See acast.com/privacy for more information.