Pretty cool concepts. You buy their NFTs, which are tradeable and have different rarities, they invest funds in different #node projects and will:
- return a % of rewards from nodes on a weekly basis
2/ - your nft acts as a ticket to a weekly node giveaway
- a combination of both
Some NFTs will be stakeable, earning their native coin which can be used in LP to earn stable coins.
Others get you a node and boosted reward for holding that nft.
3/ Interested in the node projects they're all going to start investing in? Here's the breakdown:
$THOR 5
$PXT 4
$STRONG 4
$ATLAS 2
$RND 2
$CUBO 2
$FIRE 2
$COMB 2
$HIVE 1
$TITANO 1
(Number is number of projects picking those nodes)
4/ Just think about that for a minute.
Why are these projects choosing those nodes to invest the biggest % of their investment portfolio in?
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My conclusion?
They're the most sustainable projects with the best potentials for long term growth.
5/ I think that also paints a bigger picture on the longevity of nodes and what to look for.
Some do plan to take a small % and put it in degen projects - for fast roi to build treasury. Others are looking at yield farms. Liquity pools. Interesr bearing accounts. And so on.
6/ So on top of rewards, just the #NFT alone could be worth getting into. @PassivePandaNC launched recently with a WL price of 1 $AVAX and public price of 1.5 #AVAX. They had a piece sell for 16.5 AVAX. ๐ and they're less than 2 weeks old from launch.
7/ As long as these projects diversify, and not limit themselves to just nodes and crypto and look into the outside world (like what @FrogFrens, is doing) I they've got a great shot at surviving.
Just check them out if you want. ๐คท๐ปโโ๏ธ
In ALL investments you win some and you lose some.
Risk management is extremely important. Ie, don't have all your money in one investment.
High risk investments get the smallest allocation in my total portfolio.
Medium risk is in the middle.
Low risk gets the largest.
I consider #nodes and non blue chip #crypto high risk. Can you make money? Yes, but as we've seen with $BSN, $MAGIA, $EXILIR they can rug and you lose that money very quickly if you didn't ROI.
Top 25 coins would be considered blue chip, IMO. These would be safer long term.
Again, they aren't bulletproof and anything can happen in the world of crypto. Look at $DOGE. All Elon Musk has to do is tweet good or bad about it and it trends in correlation. ๐คท๐ปโโ๏ธ
Fundamentally strong L1 blockchains like @PhantasmaChain are my favorite. Absolutely gorgeous.