Garry Sumner, also known by his online pseudonym Sendrock, is a prominent investor in the NFT market who has recently gained recognition for his investment in the Azuki NFT Project. This project features unique and beautiful artwork that has caught Sumner’s attention due to its potential for growth and the sense of community surrounding it. Sumner considers his investment in Azuki to be one of his best investments in the NFT space, as it has yielded significant value gains since he first bought in.
In a recent interview with Clout Scoop, Sumner shared his insights on the NFT market and the Azuki NFT Project in particular. He believes that Azuki stands out from other NFT projects due to its “coolness factor” and the sense of community that drives the project. Sumner is bullish on the future of Azuki and expects it to continue driving stability and growth during down times, while also offering significant long-term potential for success. However, he warns that only innovative and valuable projects will make huge gains over time, and not all early NFT projects will be successful.
Sumner predicts that the NFT market will follow crypto trends with similar market cycles, but believes that web3 will mature and become more user-friendly and widely adopted, much like Web 2.0. For those considering investing in the Azuki NFT Project, Sumner recommends doing research, integrating with the community, and considering which traits they love the most before making any decisions. He also suggests that those who are well-capitalized should consider purchasing “grail” items, as they are likely to hold and grow in value.
Sumner acknowledges that the biggest challenge facing the NFT market right now is its susceptibility to scams and dependence on the crypto markets, which have not been stellar lately. However, he believes that the Azuki NFT Project is addressing this challenge by consistently building intellectual property, value, and a unique owner-base. He notes that the project is backed by the SpiritDAO, a well-diversified group of invested individuals.
When asked about his long-term goals for investing in the Azuki NFT Project, Sumner replied that he plans to continue purchasing Azukis and Beanz, not only for their investment potential but also for their cultural significance. Sumner sees NFTs as an opportunity to support communities and artists while growing his network with interesting and innovative people. Ultimately, he believes that NFTs will become an integral part of the broader art market and cultural landscape.