S1E117: How to find lucrative opportunities in Web3 investing: BT Money Hacks Ep 117

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips. Cryptocurrency, DAO, DeFi, NFT, blockchain, metaverse: these terms have been bandied about for some time but do they all fit under the Web3 umbrella?  So what are these strange new investment opportunities and should we maybe get some?  For more insights, correspondent Howie Lim speaks to Ryan McNamara, Web3 and crypto editor of Benzinga. Highlights of the conversation:  01:30 True data and digital ownership 04:20 Invest in Web3 now or later when it’s mainstream? 08:40 What investing in Web3 really means 10:40 Beware the reflection fee 15:50 Why investing in Web3 is worth it Produced by: Howie Lim ([email protected]) and Christopher Lim Edited by: Howie Lim Follow BT Money Hacks podcasts every first and third Monday of the month, and rate us on: Channel: https://bt.sg/btmoneyhacks Apple Podcasts: http://bt.sg/oeXe  Spotify: http://bt.sg/oeGN  Google podcasts: http://bt.sg/oeGP  Website: https://bt.sg/moneyhacks Feedback to: [email protected] Do note: All analyses, opinions, recommendations and other information in this podcast are for your general information only. You should not rely on them in making any decision. Please consult a fully qualified financial adviser or professional expert for independent advice and verification. To the fullest extent permitted by law, SPH Media shall not be liable for any loss arising from the use of or reliance on any analyses, opinions, recommendations and other information in this podcast. SPH Media accepts no responsibility or liability whatsoever that may result or arise from the products, services or information of any third parties.  --- Discover more BT podcast series: BT Mark To Market Podcast at: http://bt.sg/btmark2mkt  WealthBT at: http://bt.sg/btwealthbt PropertyBT at: https://bt.sg/btpropertybt BT Podcasts at: https://bt.sg/pcOM   --- For more on personal finance, go to: bt.sg/moneyplaybookSee omnystudio.com/listener for privacy information.