E225: NFTs and The Metaverse: Embracing Innovation with Mario Nawfal

<p>NFTs and the metaverse are buzzwords often thrown around these days, but do you really know what those mean? And if you do, are you ready to embrace those? In this episode, Erik Cabral shares an insightful conversation with Mario Nawfal as they talk about what NFTs are, how they work, and the concept of the metaverse.</p> <p>In 2012, Mario entered the sales world, selling blenders door-to-door and with only $300 in his pocket. Employing unconventional marketing strategies and efficient systems, and helping build a team of global contractors, Mario helped grow the company from $1 million to $10 million in two years.</p> <p>Fast-forward to today, Mario is now in the NFT space as the co-founder and CEO of NFT Technologies. He offers investors access to NFTs by curating the portfolios and partnerships as well as building relationships in the space.</p> <p><strong>Here are some power takeaways from today’s conversation:</strong></p> <ul> <li>Mario’s introduction to the crypto space</li> <li>NFTs explained</li> <li>The safety aspect of NFTs</li> <li>Examples of NFTs and ways to verify</li> <li>The concept of the metaverse</li> <li>Risks in the digital world</li> <li>Embracing the F word</li> <li>Reasons to buy a podcast</li> </ul> <p><strong>Episode Highlights:</strong></p> <p><strong>The World of NFTs</strong></p> <p>Prior to 2017, you couldn't actually technologically own something without a central entity saying you own it. Then in 2017, a technology known as non-fungible tokens or NFTs emerged. This opens up massive possibilities and disintermediation, which means you can own something without needing a central party that says you own it. You can also move it from one place to another and send it to wherever you want, just like in the physical world.</p> <p><strong>Are NFTs Safe?</strong></p> <p>The human brain is designed to seek safety as part of the survival instinct – and one of those things is resisting change. It's one of the worst things to have as an entrepreneur because change leads to opp