first off, we need to understand what #coinbase is and what it means to the #nft/#crypto world.
then you will know how their entry will literally change your life if you are in #nfts now.
so pay attention ๐
0.1 coinbase
is one of "the easiest place to buy and sell crypto". if #robinhood was for stocks, then #coinbase is for crypto.
$coin - $249USD/share
market cap - $52 billion
2100+ staff
+68,000,000 users...
for comparison #twitter market cap is $49 billion...
"Passive Income" = LOSE ALL YOUR ๐ฐ
heres WHY ๐งต๐
with every project coming up with a $token giving hopes to the promise land of passive income..
is this REALLY the truth? what do YOU need to be aware of? what would wipe your wallet?
what to hold to truly take advantage of this #defi+#nft movement? ๐
0.1 the start
the genesis of this is started by @CyberKongz with their 10 $banana yield/day for 10 days.
current price of nanas, ~$72 = $720/day ~$260k/yr.
not too shabby for holding an jpeg.
first in foremost, nth wrong with this. i love it and do it every day. however, this is the least amount of value YOU generate for the market place, thus you get rewarded the least.
(even then - we at times get +x10 returns...)