NFTs and DeFi overturn a banker's generational curse of poverty in 2 years

3 months ago 158

"When I started, I astir gave up aggregate times. I conscionable privation to assistance others person a much streamlined mode to get into crypto," said Brenda Gentry, a erstwhile USAA owe underwriter.

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NFTs and DeFi overturn a banker's generational curse of poorness  successful  2 years

Brenda Gentry, a erstwhile USAA owe underwriter from Texas, believes that the cryptocurrency ecosystem offers a warring accidental to flooded the generational curse of poverty. 

Gentry, a.k.a. MsCryptoMom, near her decade-long occupation arsenic a banker to prosecute a full-time crypto vocation arsenic her archetypal investments from aboriginal 2020 confirmed the “unprecedented opportunities offered by crypto.” She presently runs Gentry Media Productions, a steadfast that advises decentralized concern (DeFi) and nonfungible token (NFT) projects — generating up to 20 ether (ETH) each month, astir $50,000 astatine the clip of writing.

Speaking to Cointelegraph, Gentry recollected the infinitesimal she archetypal bought crypto:

“It was aboriginal 2020 during the lockdown. I bought Bitcoin, Ethereum and Link connected Coinbase. When I started, I astir gave up aggregate times. I conscionable privation to assistance others person a much streamlined mode to get into crypto.”

With this aboriginal investment, Gentry besides dedicated her clip to learning astir DeFi, which yet led her to put successful altcoins. Acknowledging the large learning curve into crypto, the entrepreneur provides acquisition contented done her website, adding:

“I’m besides hosting seminars to amended the wide nationalist astir navigating successful this abstraction and things to look retired for erstwhile searching for bully NFT projects oregon DeFi tokens, and besides however to rapidly observe scams oregon rug pulls.”

Gentry’s younger girl and concern spouse Imani told Cointelegraph astir the rising involvement successful crypto wrong her person circle. She said:

“A inclination that was absorbing for maine to ticker was radical pursuing trends — each 1 making their ain projects & 10k collections due to the fact that they saw the outcome.”

What whitethorn travel arsenic a astonishment to many, Gentry did not person a Plan B, but lone the motivation enactment of her family, earlier committing to restart her vocation arsenic the caller proprietor of Bundlesbets, a DeFi level dedicated to sports betting. “My hubby and daughters encouraged maine to prosecute my dreams afloat clip and I’m blessed I did,” she added.

“I don’t privation anyone to beryllium near behind.” Giving backmost to the community, Gentry intends to assistance accelerate breaking down the generational curses of poorness astir the world. This year, she plans to sojourn her location state Kenya and equip her nonprofit enactment Educate a Child “with cognition astir this caller plus people and the opportunities that blockchain exertion affords.”

For radical wanting to travel suit, Gentry advises researching this abstraction archetypal earlier jumping in. According to her, 1 indispensable recognize the atrocious broadside of crypto to debar getting scammed, a interest astir applicable for caller investors:

“When it comes to investing successful crypto, the accidental to summation fiscal state is good worthy the outgo to ticker a fewer acquisition crypto YouTube videos oregon work a publication connected this topic.”

The 19-year-old Imani believes that crypto volition beryllium the aboriginal reality. Addressing the younger generation, she concluded:

“Take clip to larn and get progressive successful the space, and adjacent thatch your parents, siblings and others, arsenic blockchain exertion and cryptocurrencies are disruptive technologies that volition necessitate a large paradigm displacement successful the mode we presently deliberation astir centralized concern and fiat money.”

Related: An Indonesian 22-year-old makes $1M by selling NFT selfies connected OpenSea

Sultan Gustaf Al Ghozali, an Indonesian assemblage student, reportedly made a cardinal dollars by selling NFT versions of his selfies connected the OpenSea NFT marketplace.

Uploading my photograph into nft lolhttps://t.co/E3Q4sBmN26#NFT #opensea pic.twitter.com/rD51rdcpzp

— Ghozali_Ghozalu (@Ghozali_Ghozalu) January 10, 2022

As Cointelegraph reported, immoderate of Ghozali’s selfie NFTs sold for 0.9 ETH, worthy astir $3,000. Ghozali’s postulation subsequently reached a full commercialized measurement of 317 ETH, equivalent to much than $1 million.

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