“NFT is not only a piece of art; it’s a piece of information”: Q&A with founders of Neckless Neighbors

About the project:

Neckless Neighbors is a collection of NFTs and a Web3 community with 11k followers on Twitter. Founders of Neckless Neighbors are also planning to release their own Neckless Neighbor Coin and animated collection.

What is pictured on the NFTs? Oh, just neighbors… without the necks. “We forgot to draw them,” the creators of the collection say 🙂

Q: What do you think plays the most part in the project’s success — is it a well-thought-out marketing plan or pure luck?

A: We believe it’s the community. The community pushes everything.

Secondly, it is the right ideas executed at the right time. A good marketing plan does help, but it is just a piece of a whole big puzzle.

Q: Would you create your NFT if this whole market wasn’t as trendy?

A: Absolutely. We believe [in] NFTs as the shares of stock: it is environmentally friendly and easier than listing on the stock exchange.

Q: What are the worst and best things today about the NFT and crypto market?

A: Worst thing about NFTs is investors’ security. Most projects were rug pulls, and even now, they lose all their funds within the first two years of projects. But there are few Dapps providing doxing, which has positively affected this concern.

Also, if you’re interested in art, NFTs give you a chance to buy a limited art collection at a low price with proof of the history of who held the NFT and if the NFT is valid. And if you’re looking to sell your business services, they provide something better than a boring number of stocks you hold of the particular company. 

The problem with crypto, in general, is providing most new cryptos with the same solution as the predecessors before them. People lose a lot of money investing in memes and altcoins, believing they could be the next big thing. But after 20 years, only ten will survive.

But we love crypto because of decentralization, higher returns on investments, power to investors, faster transactions, and lower fees.

Q: How would you explain to a five-year-old what NFT is and its value?

A: If there were only five pairs of white shoes with blue laces in the world and you have one of those pairs of shoes, and no one else could make more of those shoes — imagine how valuable that pair of shoes were! 

Q: Does NFT have a chance in the market without additional value/benefits for the holders? If not, then why aren’t these benefits sold separately from NFT?

A: NFTs do have value without additional value/benefits.

Let’s say you own Mona Lisa, and someone is trying to sell a duplicate Mona Lisa painting. If the information is on the blockchain, everyone can see that you own it, and everyone will try to buy it from you rather than someone who is selling a copy of that. NFT is not only a piece of art; it’s a piece of information. You can upload your personal documents on blockchain as NFT and choose which institution can view them.

Q: If you could meet Satoshi Nakamoto, what would you say to him?

A: We aren’t sure if he is just one person or a pseudo name for a group of people. Whatever this name stands for, our question would be the same anyway. “Why did you choose to stay anonymous?”

Q: What can you afford with the money you make on the project? What do you want to be able to afford?

A: What we can afford is to build the project further. We’ve [got] great things in the pipeline. And what do we want to be able to afford? A lot of funds to be able to build a huge Web3 company that won’t stop working until everyone in the world understands what Web3 provides.