Making $738K In 32 Minutes Selling NFTs

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  • เผยแพร่เมื่อ 7 มี.ค. 2022
  • Cam Rackam, 42, is an NFT artist from Huntington Beach, California. Cam graduated with a BFA in drawing and painting from Cal State Fullerton. He had attended and was featured in many art exhibitions over the years for his work in oil painting. But once the pandemic hit in 2020, Cam pivoted to making NFT art. On October 27th, 2021, Cam sold his entire 10,000 NFT collection for 660 ethereum, or $2.6 million. His cut: $738,593.97.
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    Making $738K In 32 Minutes Selling NFTs

ความคิดเห็น • 190

  • @MultiVigarista
    @MultiVigarista 2 ปีที่แล้ว +88

    Wish I could legally scam people like that 🤣🤣

    • @kingdiomedesofargos4935
      @kingdiomedesofargos4935 2 ปีที่แล้ว +2

      In what way was it a scam? People knew what they were buying and the project has delivered on everything they said they were going to do. Is everything you don't understand a scam?

    • @Carsonthecarsinogen
      @Carsonthecarsinogen 2 ปีที่แล้ว +2

      Tell me you know nothin about what NFTs are without telling me

    • @ByGraceThroughFaith777
      @ByGraceThroughFaith777 2 ปีที่แล้ว

      The irony of the non artist who hates nfts but wishes he could make NFT's for the money....

    • @johnnywang206
      @johnnywang206 2 ปีที่แล้ว +2

      Did you hear about the guy who spent $2.9 million on a Jack Dorsey tweet NFT and resold it for a whopping $300? NFT’s are worthless.

  • @rimun5235
    @rimun5235 2 ปีที่แล้ว +82

    I swear no matter how much NFTs get explained, I don't understand it. I feel like I am just missing the logic behind it. Buying something digitally that you neither enjoy nor keep nor can you even necessarily use for something else is mind boggling in every-way.

    • @the_notorious_bas
      @the_notorious_bas 2 ปีที่แล้ว +11

      I feel the same way. To me, buying a NFT is nothing but an ego trap.

    • @steven-vj6lc
      @steven-vj6lc 2 ปีที่แล้ว +4

      you dont understand the metaverse yet

    • @the_notorious_bas
      @the_notorious_bas 2 ปีที่แล้ว +8

      @@steven-vj6lc but why would you spend time in a 'fakeverse' and even buy fake attributes?

    • @the_notorious_bas
      @the_notorious_bas 2 ปีที่แล้ว +7

      @@udfkkeii223 The ownership of a bunch a pixels, which is madness to me.

    • @TheWorldofSam
      @TheWorldofSam 2 ปีที่แล้ว +22

      You don't understand it, because it actually doesn't make sense. Don't sweat it lol.

  • @goldiesivy
    @goldiesivy 2 ปีที่แล้ว +44

    The coolest thing about this is he didn't know it was possible, he wasn't trying to achieve this, he just kept working on his art and then something miraculous happened. The unknown is full of miracles 💫

    • @NewProfitGuide
      @NewProfitGuide 2 ปีที่แล้ว

      *th-cam.com/video/1XoNgthXKdE/w-d-xo.html*

    • @WALDENSOFTWARE
      @WALDENSOFTWARE 2 ปีที่แล้ว +3

      He didn't know for sure, but it seems like he had a feeling.

    • @Daemon1995_
      @Daemon1995_ 2 ปีที่แล้ว +1

      yeah how about any of you explain what an NFT is

    • @jathebest2835
      @jathebest2835 2 ปีที่แล้ว

      Interestingly enough, the pandemic had a good impact on him. Because of the circumstance in 2020, he diversified his selling point and finally made a big hit.

  • @FinancialShinanigan
    @FinancialShinanigan 2 ปีที่แล้ว +41

    The Buyers: Losing $738K in 32 Minutes Buying NFTs

    • @kingdiomedesofargos4935
      @kingdiomedesofargos4935 2 ปีที่แล้ว

      The NFTs are worth more than twice as much as they cost at mint and that's for the most common ones. The more rare ones are going for over 10x mint price.

    • @WALDENSOFTWARE
      @WALDENSOFTWARE 2 ปีที่แล้ว

      The final buyers will be the losers. As long as these guys sell in time, they will have made money, not lost it.

  • @TomNook.
    @TomNook. 2 ปีที่แล้ว +19

    Scamming idiots is making money...I guess

    • @gardenboydon
      @gardenboydon 2 ปีที่แล้ว

      The basis of capitalism really

    • @Slanghomy
      @Slanghomy 2 ปีที่แล้ว +2

      ​@@gardenboydon No, not really. Providing valuable goods or services is the basis of capitalism. "Value" however is subjective. Some people, who we might call "idiots", find this digital artwork valuable.

  • @gptty
    @gptty ปีที่แล้ว +3

    Guy sold the ETH at the all time high. What a legend

  • @dabiz4272
    @dabiz4272 2 ปีที่แล้ว +13

    At least he's a real artist

  • @solomonlalruatfelakhiangte8502
    @solomonlalruatfelakhiangte8502 2 ปีที่แล้ว +9

    Love this Cam, u are a true star and also act like it in front of camera. ⭐️

  • @mage10ping91
    @mage10ping91 2 ปีที่แล้ว +13

    Love seeing artist like Cam and others finally rewarded for their works. Good on you Cam and well done with your Wall Street Bulls collection! First NFT collection is a hit

    • @NewProfitGuide
      @NewProfitGuide 2 ปีที่แล้ว

      *th-cam.com/video/r5v3K7bEYYY/w-d-xo.html*

  • @jameshusentoff2953
    @jameshusentoff2953 2 ปีที่แล้ว +2

    How did you get PPE loans if your company has less than 10 people

  • @rayzhou3151
    @rayzhou3151 2 ปีที่แล้ว +10

    Wasn’t really 32 minutes though. He probably took many hours to create and design the 10,000 different NFT designs.

    • @WALDENSOFTWARE
      @WALDENSOFTWARE 2 ปีที่แล้ว +2

      You can't design 10,000, even if it's a crappy collection. You must not be a designer. That would take a lifetime! These seem based on a few design which are later autogenerated into 10,000 I believe.

    • @kingbaby5192
      @kingbaby5192 2 ปีที่แล้ว +1

      They're auto generated using a script. Possibly a python script with an initial "sprite" image that is modified and copied using the script.

  • @bryaneddy2647
    @bryaneddy2647 2 ปีที่แล้ว +19

    It’s called Money Laundering💤

    • @leonnhy15
      @leonnhy15 2 ปีที่แล้ว +1

      10,000 nft, all costing 100 usd each and only 1 person can buy 1 max ( there is anti cheat involve that every indivudual can only mint 1). so u think people will money launder 100 usd?

  • @TheModernInvestor
    @TheModernInvestor 2 ปีที่แล้ว +10

    I can feel the "I hate NFTs" comments coming already

    • @kenitraswift3649
      @kenitraswift3649 2 ปีที่แล้ว

      Love your channel! Keep it up!

    • @NewProfitGuide
      @NewProfitGuide 2 ปีที่แล้ว

      *th-cam.com/video/r5v3K7bEYYY/w-d-xo.html*

  • @MOBMJ
    @MOBMJ 2 ปีที่แล้ว

    I love it, CNBC is making more videos in OC my home county. keep it coming CNBC make it

  • @DuongLe-fv9xi
    @DuongLe-fv9xi 2 ปีที่แล้ว

    Guys ! pls answer my question . Say if i redraw a nft and turn it into a pixel arts , is the pixel art i redraw based on the real nft one now my nft ?

  • @laina-brown
    @laina-brown 2 ปีที่แล้ว +5

    I feel like this is similar to winning the lottery. It's all about what you do after you make the money initially.

  • @nathanjacobs1779
    @nathanjacobs1779 2 ปีที่แล้ว +24

    *Not to be proud in anyway at all, but today my NFT holdings have passed the $70k mark…. I had less than $2000 when I entered this space 3 months ago. I am beyond grateful for this opportunity to transform my life and thank you to everyone who has helped me get here.*

    • @nathanjacobs1779
      @nathanjacobs1779 2 ปีที่แล้ว

      For anyone who's looking to get started, I learned everything from following mentorship from Mrs Esther..

    • @1millliontrader
      @1millliontrader 2 ปีที่แล้ว

      Congrats my friend! Although definitely not to your number of Xs, but I’ve had great successes too in the NFT space through Mrs Esther as well, so I totally understand how you feel.. Stay cool!

    • @eugeneheckk878
      @eugeneheckk878 2 ปีที่แล้ว

      I'm definitely buying up units of $SOLD.. I've heard about this same woman on different platforms and I can tell by look of the project that it'll definitely lead to financial freedom.

    • @uvovictorson2338
      @uvovictorson2338 2 ปีที่แล้ว

      Nicely played. I'm just starting on the nft trip and waiting for a couple of new collections from Mrs Esther to mint hopefully this weekend or next before stepping in to purchase…

    • @antoniosandro7737
      @antoniosandro7737 2 ปีที่แล้ว

      Congrats! Always happy to see success in this crazy world. No doubt you’Il hit the 100k mark soon buddy!

  • @unchainedwarriortv
    @unchainedwarriortv 2 ปีที่แล้ว

    Great job right here... Congratulations 🎉

  • @AustynWhittenburg
    @AustynWhittenburg 2 ปีที่แล้ว +3

    Art is killer, Community is better - #WeLikeTheBulls

  • @virtual_intel
    @virtual_intel 2 ปีที่แล้ว +2

    He earned every dime

  • @randomfootages9120
    @randomfootages9120 2 ปีที่แล้ว +1

    Please show us step by step how to do it

  • @theboss1220
    @theboss1220 ปีที่แล้ว

    As an artist I did not understand one word of what he said.

  • @michaelduro4651
    @michaelduro4651 2 ปีที่แล้ว +5

    Unbelievable amount is make when you are a focus artist!!!

  • @Homelessbillionaire
    @Homelessbillionaire 2 ปีที่แล้ว +10

    Just one small positive thought in the morning can change your whole day.” - Dalai Lama

  • @IReapZz95
    @IReapZz95 2 ปีที่แล้ว +3

    i would love to understand what people see in these things to pay so much

    • @sofra37
      @sofra37 2 ปีที่แล้ว +1

      Most of its speculative hype, not art. They see money making opportunity, so as long as they are not last fool in chain of transactions they hope the will make a profit.

    • @jameshusentoff2953
      @jameshusentoff2953 2 ปีที่แล้ว

      Used for money laundering

  • @PM2024-
    @PM2024- 2 ปีที่แล้ว +1

    I’m still not sure what an NFT is …

  • @kingbaby5192
    @kingbaby5192 2 ปีที่แล้ว +1

    A lot of fake 🤥 comments

  • @Nogardtist
    @Nogardtist 2 ปีที่แล้ว +2

    i made 42069 trillions in 1 second by selling NFT
    source trust me bro

    • @kingdiomedesofargos4935
      @kingdiomedesofargos4935 2 ปีที่แล้ว +1

      Except everything on the blockchain is public and verifiable. You can go see for yourself that what he said is true.

    • @WALDENSOFTWARE
      @WALDENSOFTWARE 2 ปีที่แล้ว

      What currency? Venezuelan?

  • @NoMoneyVlog_22
    @NoMoneyVlog_22 2 ปีที่แล้ว

    In my opinion its difficult to find real gems now, only financial piggy looks good

  • @Stompii01x
    @Stompii01x 2 ปีที่แล้ว +5

    Big Props to him!

  • @kennetht1719
    @kennetht1719 2 ปีที่แล้ว

    How much did it cost?

  • @Jasmine-tz6ei
    @Jasmine-tz6ei 2 ปีที่แล้ว +4

    I would love to get into the NFT market but it's expensive with the gas price alone, something could cost $18 but the gas could be over $400

    • @kingdiomedesofargos4935
      @kingdiomedesofargos4935 2 ปีที่แล้ว +1

      Gas prices fluctuate quite a bit. Sunday mornings are usually the best time, gas can get under $20.

  • @gratefultess
    @gratefultess 2 ปีที่แล้ว

    NFTs remind me of Vanessa Lau’s video.

  • @Homelessbillionaire
    @Homelessbillionaire 2 ปีที่แล้ว +2

    You’ve got to get up every morning with determination if you’re going to go to bed with satisfaction.”

  • @GMoretti-ux1pe
    @GMoretti-ux1pe 2 ปีที่แล้ว +3

    buying NFTS will make you poor, making them might make you rich

  • @NathalieLazo
    @NathalieLazo 2 ปีที่แล้ว +8

    If watching this, I hope your dreams come true even bigger than you could ever imagine! ❤️

  • @blackafricanhustler
    @blackafricanhustler 2 ปีที่แล้ว

    Gateio has given a great opportunity for female artists to sell their NFTs

  • @bingomusickenya
    @bingomusickenya 2 ปีที่แล้ว

    FiPi will go 100x after presale

  • @TheJoeMoneyShow
    @TheJoeMoneyShow 7 หลายเดือนก่อน

    Should go to jail

  • @saulgoodman2018
    @saulgoodman2018 2 ปีที่แล้ว +6

    Right click, save as.
    Cost $0.

    • @anakinskywalker111
      @anakinskywalker111 2 ปีที่แล้ว

      not how it works my friend. i wouldn’t mind explaining, but if i did you wouldn’t listen.

    • @HaDao205
      @HaDao205 2 ปีที่แล้ว

      @@anakinskywalker111 prt sc, crop image, sell the exact same copy

    • @anakinskywalker111
      @anakinskywalker111 2 ปีที่แล้ว

      @@HaDao205 if it doesn’t belong to the *actual* collection no one will buy it.

    • @saulgoodman2018
      @saulgoodman2018 2 ปีที่แล้ว

      @@anakinskywalker111 righ clicking and save as, you get a free copy.
      There's no point in buying one if you cannot sell it.

    • @HaDao205
      @HaDao205 2 ปีที่แล้ว

      @@anakinskywalker111 do that to every picture in the collection, or you can just treat one or a few pictures as its own smaller collection

  • @aldjozaide8523
    @aldjozaide8523 2 ปีที่แล้ว

    #WSG fly to the moon! 🚀 but first let's submit our album entries to win the grand prize!

  • @biswajitgupta8570
    @biswajitgupta8570 2 ปีที่แล้ว +1

    Value of art in India is low . I am art maker.. but I'm vallu less . I make . Any art in sketch.. live or not

    • @sumitdas6596
      @sumitdas6596 2 ปีที่แล้ว +2

      Value of Human Creativity Human Lives is low with no Livelihood forget Art.

    • @biswajitgupta8570
      @biswajitgupta8570 2 ปีที่แล้ว +1

      @@sumitdas6596 for average people. Not for those who have something that can change. Something. Try always try. Life is all about . Try.

    • @candyjamaican
      @candyjamaican 2 ปีที่แล้ว

      Have you tried FIVERRR? The last artist I used was from India and new to it too

  • @ednasuter3297
    @ednasuter3297 2 ปีที่แล้ว +1

    Thanks you for helping many people around the world by increasing there coin base balance ……I really appreciate👆👆

  • @googleispartnewworldorder781
    @googleispartnewworldorder781 2 ปีที่แล้ว

    How cool this guy ripped everyone off title should of said how I ripped everyone off

  • @christ1385
    @christ1385 ปีที่แล้ว

    Update in 2023?

  • @NICKCHANNEL7
    @NICKCHANNEL7 2 ปีที่แล้ว

    Why everybody asks about Financial Piggy? Even my younger brother xd

  • @sketch3460
    @sketch3460 2 ปีที่แล้ว

    Are NFT's a scam? Sounds a lot like the emperor's new clothes, there's nothing there. Contemporary art strikes again.

    • @WALDENSOFTWARE
      @WALDENSOFTWARE 2 ปีที่แล้ว

      The public is ignorant about real art. They need to educate themselves or else they create these situations.

  • @Alejandro-fn6yu
    @Alejandro-fn6yu 2 ปีที่แล้ว +29

    Crypto currency and NFTs will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% profit from my current investment

    • @gabriellemetott1887
      @gabriellemetott1887 2 ปีที่แล้ว

      Obviously, I've earned roughly about $520,000 trading under Mrs Christine Norine Martin, her strategies is second to none and highly profitable.

    • @chrislucas1183
      @chrislucas1183 2 ปีที่แล้ว

      She has really made a good name for herself. please how can I contact expert Christine Norine Martin?

    • @Eric_311
      @Eric_311 2 ปีที่แล้ว

      As a first time investor, I started trading with Mrs Christine with just $8,000 now my portfolio is worth $21,400 within the space 2weeks of trading with her.

    • @hamishphistopholoes6540
      @hamishphistopholoes6540 2 ปีที่แล้ว +2

      BEWARE: SCAM ALERT... SCAM, SCAM, SCAM, SCAM...

  • @10nikeman
    @10nikeman 2 ปีที่แล้ว +4

    Boomer comments incoming

  • @0AwesomeProductions0
    @0AwesomeProductions0 2 ปีที่แล้ว +2

    Those saying this is a "scam" obviously have never dealt with fine art markets. Are $9000 t-shirts and shoes a scam? Or can you just not afford them?

    • @WALDENSOFTWARE
      @WALDENSOFTWARE 2 ปีที่แล้ว

      I've seen ridiculous prices on tshirts and shoes, but most are vintage or part of a unique collaboration. This is more like instant collabs left and right with no real background.

    • @SpartanQwop
      @SpartanQwop 2 ปีที่แล้ว

      The art world (no matter what it is) is one of the biggest scams going.

    • @WALDENSOFTWARE
      @WALDENSOFTWARE 2 ปีที่แล้ว

      @@SpartanQwop I disagree. It is a big scam, yes, but one of the biggest?? No. It pales in comparison to the real mega scams.

    • @SpartanQwop
      @SpartanQwop 2 ปีที่แล้ว

      @@WALDENSOFTWARE Okay, maybe not one of the biggest, but it's still up there, especially modern art nowadays.

    • @WALDENSOFTWARE
      @WALDENSOFTWARE 2 ปีที่แล้ว

      @@SpartanQwop Alright. Yes it is up there in category, but the numbers pale in comparison with other types. Art scams are only in the low millions.

  • @aaz1992
    @aaz1992 2 ปีที่แล้ว +4

    Too bad 738K of NFTs won't buy you a sandwich in a week

  • @drewconway7135
    @drewconway7135 2 ปีที่แล้ว +1

    NFT = art for dbags

  • @mikenino1559
    @mikenino1559 ปีที่แล้ว

    So where doing all these paintings for nothing hours every day for nothing now there's NFTs they don't want paintings on canvas anymore.

  • @iancordell4718
    @iancordell4718 2 ปีที่แล้ว +5

    I really feel left aside hearing and seeing several testimonies from people on profits they make from Bitcoin/Forex Investment. Can someone recommend a good expert that trade on my behalf and generate profit for me.

    • @isahjames5666
      @isahjames5666 2 ปีที่แล้ว

      @Amstrong Alex You don't need to be surprised. Mrs Letton Deb services is good and everyone loves her qualifications and genuine services, i guess that's why she is popular

    • @princemaly5331
      @princemaly5331 2 ปีที่แล้ว

      I have been seeing so many recommendations about Letton Deb on top comment on every TH-cam video i watched trending, her strategy must be good for people to talk about her

    • @curtispartin2604
      @curtispartin2604 2 ปีที่แล้ว

      I saw the recommendations but i didn't bother chatting her up, I keep losing really i still don't understand how the Forex market work through

    • @iancordell4718
      @iancordell4718 2 ปีที่แล้ว

      Who is this Mrs Letton Deb everyone is talking about and how do i contact her directly.?

    • @elizabethortega2568
      @elizabethortega2568 2 ปีที่แล้ว

      @Robert B. Shaffer Well... I will advise you should stop trading on your own if you keep losing and start trading with Expert Mrs Letton Deb

  • @Cbus83
    @Cbus83 2 ปีที่แล้ว +2

    I love this show, it just prove that everyone can make it big, weather you create a valuable product /service or something as worthless as NFT's, there are a lot of idiots out there to make money from.

  • @Dmed133
    @Dmed133 2 ปีที่แล้ว +1

    All these ups and downs w nfts ... and at the end it just casually says since Nov 2021, he's down 130k. 🤣 so now he's desperately tryna keep nfts alive 😆

    • @kingdiomedesofargos4935
      @kingdiomedesofargos4935 2 ปีที่แล้ว +1

      That's on paper. They are talking about the decrease in value of ETH (Ethereum), not the value of the NFTs. Tech stock investors have seen as bad and even worse losses on a percentage basis.

  • @10-OSwords
    @10-OSwords 2 ปีที่แล้ว +1

    Must be nice to be able to so casually disregard making "30 or 40 thousand dollars". Gross.

  • @Andychengg
    @Andychengg 2 ปีที่แล้ว +6

    Haha the comment section filled with jealousy, hate the game not the player

  • @ivoryfritzsemana2068
    @ivoryfritzsemana2068 ปีที่แล้ว

    Too much money to be made in NFTs, glad that I understand the space because of Pop Cult NFT. Be Culted and their community is awesome. I've learned a lot!

  • @adis.g6569
    @adis.g6569 2 ปีที่แล้ว +1

    Rofl scam

  • @williamflores9501
    @williamflores9501 2 ปีที่แล้ว +1

    First

  • @Dmed133
    @Dmed133 2 ปีที่แล้ว +1

    Everyone is just scamming their fans through discord. Think about it. If ur already a fan that invested in discord.. u feel obligated and compelled to now buy their NFT...for whatever dumb reason. Cuz if not. Then why tf are u even paying for discord!?!?! LOL rich kids a fkn weird what they'd spend money on to feel cool, weirdos

  • @mathewbenjamin1220
    @mathewbenjamin1220 2 ปีที่แล้ว +1

  • @zhaunzayne4530
    @zhaunzayne4530 2 ปีที่แล้ว

    Who wants to play adventure while earning! PokeMine is an action card mobile game with Pokémon as its theme.

  • @michael2275
    @michael2275 2 ปีที่แล้ว +4

    Scammer

  • @as_nirwal_gamrs2223
    @as_nirwal_gamrs2223 2 ปีที่แล้ว

    Financial Piggy review?

  • @smith0010
    @smith0010 2 ปีที่แล้ว +10

    Despite the economic downturn, I'm so happy😊. I have been earning $ 60,000 from my $ 7,000 investment every 7 days and can proudly say that crypto investment is the future☺️

    • @johnkim1339
      @johnkim1339 2 ปีที่แล้ว +3

      As a first time investor, I started trading with Mr Walls with just a $ 4,000, now my portfolio is worth $ 9,400 within the space 2weeks of trading with him

    • @chukswayne495
      @chukswayne495 2 ปีที่แล้ว +1

      I heard a lot of investing with Mr Donald and how good he is, please how safe are the profit?

    • @greatisrael6461
      @greatisrael6461 2 ปีที่แล้ว +1

      @@chukswayne495 I trade with him, The profit are secured and over a 100% return on investment directly sent to your wallet.

    • @greatisrael6461
      @greatisrael6461 2 ปีที่แล้ว +2

      He's a professional with a great heart, Yes because he helps people invest and earn more not to make money but to better lives.

    • @alaysbiridjitskut6911
      @alaysbiridjitskut6911 2 ปีที่แล้ว +1

      I also trade with him, Big thanks to Mr Walls for what he did for my family and I 🙏🤗

  • @ednasuter3297
    @ednasuter3297 2 ปีที่แล้ว

    Thanks you for helping many people around the world by increasing there coin base balance ……I really appreciate👆👆