Making $738K In 32 Minutes Selling NFTs

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  • Опубликовано: 7 мар 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

Комментарии • 188

  • @MultiVigarista
    @MultiVigarista 2 года назад +88

    Wish I could legally scam people like that 🤣🤣

    • @kingdiomedesofargos4935
      @kingdiomedesofargos4935 2 года назад +3

      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 года назад +2

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

    • @ByGraceThroughFaith777
      @ByGraceThroughFaith777 2 года назад

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

    • @johnnywang206
      @johnnywang206 2 года назад +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 года назад +83

    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 года назад +11

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

    • @steven-vj6lc
      @steven-vj6lc 2 года назад +4

      you dont understand the metaverse yet

    • @the_notorious_bas
      @the_notorious_bas 2 года назад +8

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

    • @the_notorious_bas
      @the_notorious_bas 2 года назад +7

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

    • @TheWorldofSam
      @TheWorldofSam 2 года назад +22

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

  • @TomNook.
    @TomNook. 2 года назад +19

    Scamming idiots is making money...I guess

    • @gardenboydon
      @gardenboydon 2 года назад

      The basis of capitalism really

    • @Slanghomy
      @Slanghomy 2 года назад +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.

  • @goldiesivy
    @goldiesivy 2 года назад +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 года назад

      *ruclips.net/video/1XoNgthXKdE/видео.html*

    • @WALDENSOFTWARE
      @WALDENSOFTWARE 2 года назад +3

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

    • @Daemon1995_
      @Daemon1995_ 2 года назад +1

      yeah how about any of you explain what an NFT is

    • @jathebest2835
      @jathebest2835 2 года назад

      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 года назад +41

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

    • @kingdiomedesofargos4935
      @kingdiomedesofargos4935 2 года назад

      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 года назад

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

  • @gptty
    @gptty Год назад +3

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

  • @dabiz4272
    @dabiz4272 2 года назад +13

    At least he's a real artist

  • @solomonlalruatfelakhiangte8502
    @solomonlalruatfelakhiangte8502 2 года назад +9

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

  • @rayzhou3151
    @rayzhou3151 2 года назад +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 года назад +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 года назад +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.

  • @TheModernInvestor
    @TheModernInvestor 2 года назад +10

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

  • @mage10ping91
    @mage10ping91 2 года назад +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 года назад

      *ruclips.net/video/r5v3K7bEYYY/видео.html*

  • @DuongLe-fv9xi
    @DuongLe-fv9xi 2 года назад

    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 ?

  • @MOBMJ
    @MOBMJ 2 года назад

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

  • @jameshusentoff2953
    @jameshusentoff2953 2 года назад +2

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

  • @laina-brown
    @laina-brown 2 года назад +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 года назад +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 года назад

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

    • @1millliontrader
      @1millliontrader 2 года назад

      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 года назад

      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 года назад

      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 года назад

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

  • @bryaneddy2647
    @bryaneddy2647 2 года назад +19

    It’s called Money Laundering💤

    • @leonnhy15
      @leonnhy15 2 года назад +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?

  • @AustynWhittenburg
    @AustynWhittenburg 2 года назад +3

    Art is killer, Community is better - #WeLikeTheBulls

  • @randomfootages9120
    @randomfootages9120 2 года назад +1

    Please show us step by step how to do it

  • @unchainedwarriortv
    @unchainedwarriortv 2 года назад

    Great job right here... Congratulations 🎉

  • @kingbaby5192
    @kingbaby5192 2 года назад +1

    A lot of fake 🤥 comments

  • @PM2024-
    @PM2024- 2 года назад +1

    I’m still not sure what an NFT is …

  • @theboss1220
    @theboss1220 Год назад

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

  • @NoMoneyVlog_22
    @NoMoneyVlog_22 2 года назад

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

  • @virtual_intel
    @virtual_intel 2 года назад +2

    He earned every dime

  • @IReapZz95
    @IReapZz95 2 года назад +3

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

    • @sofra37
      @sofra37 2 года назад +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 года назад

      Used for money laundering

  • @Nogardtist
    @Nogardtist 2 года назад +2

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

    • @kingdiomedesofargos4935
      @kingdiomedesofargos4935 2 года назад +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 года назад

      What currency? Venezuelan?

  • @gratefultess
    @gratefultess 2 года назад

    NFTs remind me of Vanessa Lau’s video.

  • @drewconway7135
    @drewconway7135 2 года назад +1

    NFT = art for dbags

  • @Homelessbillionaire
    @Homelessbillionaire 2 года назад +10

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

  • @michaelduro4651
    @michaelduro4651 2 года назад +5

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

  • @kennetht1719
    @kennetht1719 2 года назад

    How much did it cost?

  • @GMoretti-ux1pe
    @GMoretti-ux1pe 2 года назад +3

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

  • @Jasmine-tz6ei
    @Jasmine-tz6ei 2 года назад +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 года назад +1

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

  • @iancordell4718
    @iancordell4718 2 года назад +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 года назад

      @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 года назад

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

    • @curtispartin2604
      @curtispartin2604 2 года назад

      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 года назад

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

    • @elizabethortega2568
      @elizabethortega2568 2 года назад

      @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

  • @biswajitgupta8570
    @biswajitgupta8570 2 года назад +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 года назад +2

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

    • @biswajitgupta8570
      @biswajitgupta8570 2 года назад +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 года назад

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

  • @NICKCHANNEL7
    @NICKCHANNEL7 2 года назад

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

  • @blackafricanhustler
    @blackafricanhustler 2 года назад

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

  • @christ1385
    @christ1385 Год назад

    Update in 2023?

  • @Homelessbillionaire
    @Homelessbillionaire 2 года назад +2

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

  • @bingomusickenya
    @bingomusickenya 2 года назад

    FiPi will go 100x after presale

  • @googleispartnewworldorder781
    @googleispartnewworldorder781 2 года назад

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

  • @mikenino1559
    @mikenino1559 2 года назад

    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.

  • @saulgoodman2018
    @saulgoodman2018 2 года назад +6

    Right click, save as.
    Cost $0.

    • @anakinskywalker111
      @anakinskywalker111 2 года назад

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

    • @HaDao205
      @HaDao205 2 года назад

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

    • @anakinskywalker111
      @anakinskywalker111 2 года назад

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

    • @saulgoodman2018
      @saulgoodman2018 2 года назад

      @@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 года назад

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

  • @NathalieLazo
    @NathalieLazo 2 года назад +8

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

  • @aldjozaide8523
    @aldjozaide8523 2 года назад

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

  • @aaz1992
    @aaz1992 2 года назад +4

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

  • @Alejandro-fn6yu
    @Alejandro-fn6yu 2 года назад +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 года назад

      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 года назад

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

    • @Eric_311
      @Eric_311 2 года назад

      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 года назад +2

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

  • @sketch3460
    @sketch3460 2 года назад

    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 года назад

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

  • @Stompii01x
    @Stompii01x 2 года назад +5

    Big Props to him!

  • @0AwesomeProductions0
    @0AwesomeProductions0 2 года назад +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 года назад

      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 года назад

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

    • @WALDENSOFTWARE
      @WALDENSOFTWARE 2 года назад

      @@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 года назад

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

    • @WALDENSOFTWARE
      @WALDENSOFTWARE 2 года назад

      @@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.

  • @10nikeman
    @10nikeman 2 года назад +4

    Boomer comments incoming

  • @Cbus83
    @Cbus83 2 года назад +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.

  • @TheJoeMoneyShow
    @TheJoeMoneyShow 10 месяцев назад

    Should go to jail

  • @adis.g6569
    @adis.g6569 2 года назад +1

    Rofl scam

  • @Dmed133
    @Dmed133 2 года назад +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

  • @Dmed133
    @Dmed133 2 года назад +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 года назад +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.

  • @Andychengg
    @Andychengg 2 года назад +6

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

  • @10-OSwords
    @10-OSwords 2 года назад +1

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

  • @mathewbenjamin1220
    @mathewbenjamin1220 2 года назад +1

  • @zhaunzayne4530
    @zhaunzayne4530 2 года назад

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

  • @ivoryfritzsemana2068
    @ivoryfritzsemana2068 Год назад

    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!

  • @as_nirwal_gamrs2223
    @as_nirwal_gamrs2223 2 года назад

    Financial Piggy review?

  • @williamflores9501
    @williamflores9501 2 года назад +1

    First

  • @michael2275
    @michael2275 2 года назад +4

    Scammer

  • @smith0010
    @smith0010 2 года назад +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 года назад +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 года назад +1

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

    • @greatisrael6461
      @greatisrael6461 2 года назад +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 года назад +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 года назад +1

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