In life, we learn every day. And sometimes learn the hard way for no fault of yours. This is the story of my journey as a Blockchain entrepreneur-.
I have written this in bits and pieces in several articles published on other blogging platforms I have used before coming to Hive. And here, I have decided to put them together albeit in a summary.
My entrance into the blockchain world
Zoom to see my position
For over three years I have been in the blockchain space as a blogger, I have had the opportunity to meet with project owners in the space and equipped myself with vital knowledge of this great technology and the inherent opportunities in the space.
Within those years, I helped in promoting several blockchain projects with my content for a fee or other rewards like NFTs and digital currencies. This opportunity helped me to learn about the background and working dynamics of most of the projects and helped me to build a relationship with the project owners.
A bold step into the unknown blockchain world
As I progressed in the promotional content creation and build connections with some tech-savvy personalities, I got the idea to start an NFT project even though I do not have the technical know-how. So, I sought partners who could buy into my vision for an NFT project. I got an NFT artist and a developer who were willing to partner with me on co-owner terms and agreements.
With my experience in promotional content creation, I served in the project as the promoter and project manager. The artist did her best to come up with great original artwork and design for the NFT collection of 2500 pieces. The dev built the contracts, the minting website, and other software.
After 2 weeks of vigorous promotion across blockchain social media and telegram groups, the project came alive, and in two weeks the 2500 NFT collections were sold out. It was a great experience for me because I was able to learn things that I never knew before.
The twist
However, a problem of disagreement soon came up. Each of my partners wanted to have a giant share of the project revenue. The disagreement led to my partners claiming ownership of the project. The two team up together to push me out of the project. Since I do not have the project congrats and keys to the project's wallet, I took what was on the table and take a bow from the project leaving my betrayers to continue with the project. But, that would be the end of the project.
The project died as soon as I left because there was no one to manage the telegram community and keep promoting the project anymore. Investors in the project who were waiting for the next phase of the project for them to make a profit for their NFTs were all disappointed.
A second chance, but, failed again
Nevertheless, I got an offer to take over a complete NFT project that was abandoned by the owner as a new owner with every right transferred to me. This was like a dream come true for me, but since I do not have the skills to handle the technical aspects of the project, I once again sought for partnership. I got a couple who were both in the NFT business and were willing to help me rebuild the project by creating new contracts, websites, and other software needed for the revival of the project.
This couple of devs were faithful to their words. They promised that they would not interfere with the project except when their services were required. The financial agreement was that they will have one-third of the total sales revenue of the 7500 NFT collection.
Everything was set up as planned, and as usual, I started the promotion for the project, but something unfortunate happened to me during this period. My wallet was hacked and all my crypto assets were robbed. The incident left me completely broken and crushed. Gradually, my motivation for the NFT project started to wane. I lost interest in promoting the project, and the project never advanced beyond the initial stage.
The end of the road
Meanwhile, the EVM chain where the project was hosted had a major problem that resulted in people leaving the chain in droves. This, in turn, made the NFT minting or sale a tough mountain to climb.
Nonetheless, the NFT contact and the websites were built to be multi-chain, which means the project can easily be migrated to any other chains where there are active communities. But, that didn't happen because I was already emotionally and financially drained from the wallet hack that I chose to just go silent.
