Like other good Metaverses out there, this project is likely to grow with time.
More imp: You can buy digital assets on Zionverse, stake them and make money
7/ For example:
- Right now, you can buy a Laxmi NFT from @thezionverse:
- You can stake this NFT to get 36%-108% APY.
- You get paid in a Stablecoin (USDC).
- And, it automatically gets staked on @Vauld_
You need to: pay cash --> buy Laxmi NFT --> get rewards in USDC.
8/Other advantages of Zionverse + Laxmi NFT?
- You can stake Laxmi NFT and make good money
- As @thezionverse Metaverse adoption improves-- like any digital asset, your NFTs on this Metaverse will grow in value.
- You are getting paid in USDC; you can covert this into cash.
9/Is it 100% safe?
- No Crypto investment is 100% safe [including Bitcoin, Decentraland or @thezionverse]
- But, with a great team and investors like Leo Capital and Mayfield Fund, this Indian Metaverse can definitely win :)
10/Summary:
- NFTs are a growing space & there are real money making opportunities.
- Stake and earn rewards on your NFTs; the opportunities are massive!
- Like any investment, you need to analyse your risk-reward equation.
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Rich people in the US, have built business empires taking on debt.
But, normal retail folks like you and me can ruin our financial well being by taking debt unnecessarily.
So it makes sense to understand the difference between good and bad debt: π
1. Robert Kiyosaki puts it well:
- Rich people build assets (Assets=put money into your pocket)
- Example: when Jared Kushner buys Real Estate, he will rent/sell it. This is a 'cash flow' for him.
- Unfortunately, when normal folks buy Real Estate, they create a liability.
2. Normal folks are champions at creating liabilities:
- Eg. buy an i-phone on EMI.
- Buy a house on a massive loan.
- If you max out 1 credit card, time to apply for a new one.
With endless WANTS, Discounts/Cash-backs/EMIs become tools to push demand.
Is this madness or is there some mega-trend at play?
Let's understand the NFT craze: ππ
1) NFT?
- It is an asset on a blockchain network (eg. Ethereum network)
- B/c the data can be tracked, it has a clear proof of ownership.
- And, like the Monalisa painting it holds no value if it is broken down (hence, it is non-fungible)
- Example:
Jack Dorsey's Tweet
2) Just because you 'own' a NFT does not mean thatΒ you get to do whatever you like with it:Β
- For example, you can't change Jack's Tweet above even if you are the owner.
- Or hide it from people.
If you are unhappy with your job, it is time to do something about it.
Where do you start?
And -- more importantly -- how to build more options?
A thread:
ππ
1/A very quick story about me:
- I started my career working with a non-profit organisation.
- While the work was great, I was just making INR 10K a month.
- This was bad, really bad. I could not even meet my everyday expenses.
My first step was to cultivate more options.
2/I had done well on the GMAT in college, so I started a small side tutoring business.
Every month, I used to get 1-2 private clients.
This 'side gig' helped me make 5X the money, I was making from my regular job.