Want to get involved with non-fungible tokens (or NFTs) but don't know where to start?
Greg Isenberg, serial entrepreneur and crypto enthusiast, may have what you're looking for and isn't afraid to use a little “FOMO” (fear of missing an opportunity) to sell his course.
Next week, Iseberg will open the virtual doors to Crypto College , an online course dedicated to teaching the ins and outs of NFTs, decentralized autonomous organizations (or DAOs) and tokenized communities.
You will only gain access to the course if you purchase an exclusive NFT from it and the price of the NFT increases as more places are sold to cover the issuance costs.
The first 29 subscribers paid 0.15 ETH ; between 30 and 50, 0.3 ETH; from 51 to 100, 0.6 ETH and so on. The last group of applicants will have to pay 1.5 ETH for a seat, or nearly US$7,100.
If you're interested, better hurry: more than half of the 288 vacancies have already been filled, according to Isenberg, generating more than 80 ETH ($388,000) so far. Isenberg says he's limited it to 288 places in order to better manage the class.
If Crypto College seats run out, Isenberg could earn more than $1.3 million in ether at current prices.
It wouldn't be a bad payout for a week-long online course. For comparison purposes, four years of tuition at the University of Harward costs about $200,000. Of course, the room and board are extras.
“The goal is not the revenue, but the community,” said Isenberg in an interview with Decrypt. "That was always my guiding star."
"FOMO" is an effective sales tool
Familiar with new technologies, Isenberg is a Web 3 community developer and CEO of Late Checkout , a design agency and fund for community-developed products.
The course of 288 unique NFTs was individually designed by the Late Checkout team.
Isenberg also founded the Islands messaging app in 2016 and the 5by video app in 2022, acquired by WeWork and StumbleUpon respectively. Isenberg was also an advisor to Reddit and TikTok.
CryptoCollege will start on November 15th, whose aim is to teach people how to issue NFTs, create and launch tokenized communities and develop DAOs.
Isenberg will broadcast the classes via Discord. The purchased NFT grants access to the server. He says he decided to make the event more interactive, using extra sessions so students can get to know each other.
“You will be hit by NFTs from all sides,” says Isenberg. “It will be about games, it will be about communities, it will be about creators developing their next NFTs and it will be about artists… It will be from everywhere.”
Isenberg claimed to have created Crypto College because he felt there was not enough information to help guide people through the process of creating these tokenized community projects.
“When I first became involved with NFTs, I believed they were a game changer and the future,” he explained.
“They will supercharge digital communities. It's a challenge to easily explain these concepts, but my expectation is that this step-by-step structure will be helpful.” In any case, it will be a very profitable experience.
*Translated and edited by Daniela Pereira do Nascimento with permission from Decrypt.co .
The post The case of a professor in the US who can earn up to US$1.3 million from selling NFT courses first appeared in the Bitcoin Portal .