{"id":598897,"date":"2022-05-06T19:58:01","date_gmt":"2022-05-06T19:58:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=598897"},"modified":"2022-05-06T19:58:01","modified_gmt":"2022-05-06T19:58:01","slug":"utopia-university-launches-free-program-to-educate-the-masses-about-nfts","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/utopia-university-launches-free-program-to-educate-the-masses-about-nfts_598897.html","title":{"rendered":"Utopia University Launches Free Program to Educate the Masses About NFTs"},"content":{"rendered":"<div style=\"font-style:italic; padding:8px 0px;\">Utopia University, an innovative private organization, announces the launch of its NFT Education Program, a 24-hour live NFT learning experience for all<\/div>\n<p style=\"text-align: justify;\">The program is free and available to everyone regardless of age, location, or financial status.&nbsp; <em>&ldquo;It&rsquo;s important that we include all people when we teach about NFTs,&rdquo; <\/em>said Alan Gordon, Founder of Utopia University<em>.&nbsp; &ldquo;NFTs have unique financial properties, in many ways are similar to real estate, so they represent the best chance for non-wealthy people today to acquire wealth.&rdquo;<\/em><\/p>\n<p style=\"text-align: justify;\">We&rsquo;ve all heard that NFTs are a perfect market for small individual investors, but why have so many people stayed away? &nbsp;Because it&rsquo;s confusing, says Gordon. &nbsp;&ldquo;<em>Obviously, everyone is talking about NFTs<\/em>, <em>but<\/em> <em>the language of cryptocurrency is still unfamiliar and confusing to most people.&nbsp; Nobody will invest, even a small amount of their money, in something they don&rsquo;t understand.&rdquo;<\/em><\/p>\n<p style=\"text-align: justify;\">But it&rsquo;s more than just the terminology that&rsquo;s confusing.&nbsp; Setting up the necessary trading accounts is challenging, and even after the accounts are established there is a dizzying array of dogs and monkeys, weasels and whales to research and choose from.&nbsp; &ldquo;<em>Currently, the NFT market appeals to the Minds of younger people who are not locked into older ways of thinking about money,&rdquo;<\/em> says Gordon, &ldquo;<em>but<\/em> <em>I&rsquo;m here to tell you that NFTs are for grandmas and grandpas, moms and dads, customer service reps, nurses, teachers, and EMT workers.&nbsp; We want everyone, regardless of background or economic status, to understand how NFTs work and why they are so well suited for non-wealthy individuals.&rdquo;<\/em><\/p>\n<p style=\"text-align: justify;\">Despite the promise of NFTs, they remain speculative investments, so Gordon and most other experts caution individuals not to invest more than 10% of their assets into NFTs and cryptocurrency.<\/p>\n<p style=\"text-align: justify;\">In 2014, artist Kevin McCoy launched the first NFT collection.&nbsp; Then in 2017, CryptoPunks became the first notable NFT collection on the Ethereum platform.&nbsp; The global NFT market has practically exploded since then as it has gained mainstream awareness.&nbsp; Between 2020 and 2021 NFT sales grew from $95M to a staggering $25B, and of course with that explosive influx of money, many individuals became very wealthy.<\/p>\n<p style=\"text-align: justify;\">Now airlines, sports leagues, retail and restaurant chains, the real estate and finance industries &ndash; all have begun weaving NFTs into their business strategy.&nbsp; Universities are experimenting with NFTs as a way to verify transcripts and diplomas.&nbsp;<\/p>\n<p style=\"text-align: justify;\">Despite the exploding popularity of NFTs and the growing number of mainstream use cases, most people are still unaware of how NFTs actually work which makes the launch of the <a rel=\"nofollow\" href=\"http:\/\/www.utopiauniversity.org\/nft-education\">24-hour live NFT education discussion group<\/a> particularly timely.&nbsp; Says Gordon, <em>&ldquo;It is very important that as many people as possible become NFT literate right now so they can fully participate in the variety of emerging applications.&rdquo;<\/em><\/p>\n<p style=\"text-align: justify;\">According to Gordon, he has spoken to people young and old, and found that most people are still quite confused about NFTs.<em> &ldquo;In our support center, we break it down into small steps and we use language they understand. We explain the opportunities and the risks of investing in NFTs.&nbsp; Once we get them past the initial stage of confusion, they become empowered to participate in this emerging, but very important financial model<\/em>.&rdquo;<\/p>\n<p style=\"text-align: justify;\">For further information about the free <a rel=\"nofollow\" href=\"http:\/\/www.utopiauniversity.org\/nft-education\">NFT Support Discussion Group<\/a> and participate in the initiative as well as other projects from Utopia University, visit &#8211;&nbsp;<a rel=\"nofollow\" href=\"http:\/\/www.utopiauniversity.org\" target=\"_blank\">www.utopiauniversity.org<\/a>&nbsp;and on Twitter with the #ProjectUtopia99.<\/p>\n<p style=\"text-align: justify;\"><strong>About Utopia University<\/strong><\/p>\n<p style=\"text-align: justify;\">Utopia University is an innovative private organization based on enlightened principles. The goal is to provide a trust-based space where all members can blossom into a full expression of themselves, explore their highest abilities, rise to follow their true passions, become abundant in their thinking, and build toward the very best version of their future.<\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/utopiauniversity.org_91514.html\" rel=\"nofollow\">Utopia University<\/a><br \/><strong>Contact Person:<\/strong> Alan Gordon<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=utopia-university-launches-free-program-to-educate-the-masses-about-nfts\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> 941-321-5566<br \/><strong>Country:<\/strong> United States<br \/><strong>Website:<\/strong> <a href=\"https:\/\/www.utopiauniversity.org\/nft-education\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.utopiauniversity.org\/nft-education<\/a><\/p>\n<p><object type=\"text\/html\" data=\"https:\/\/www.utopiauniversity.org\/nft-education\" style=\"width:900px; height:400px;\"><\/object><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=utopia-university-launches-free-program-to-educate-the-masses-about-nfts\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Utopia University, an innovative private organization, announces the launch of its NFT Education Program, a 24-hour live NFT learning experience for all The program is free and available to everyone regardless of age, location, or financial status.&nbsp; &ldquo;It&rsquo;s important that &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/utopia-university-launches-free-program-to-educate-the-masses-about-nfts_598897.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401,417,412,413,411],"tags":[],"class_list":["post-598897","post","type-post","status-publish","format-standard","hentry","category-Business","category-Marketing-Sales","category-News-Current-Affairs","category-Services","category-Technology"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/598897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=598897"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/598897\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=598897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=598897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=598897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}