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- 👀 An important announcement
GM everyone. This is 2036. We scroll for gems all day so you don’t have to.
Here’s what we’re serving up today 🍲: With Bitcoin at $40K, we are no longer early to crypto this cycle. But there’s a way you can still get in on the ground floor.
Let’s dig in.
One of the most common questions I get is something along the lines of:
What should I buy next?
What’s the next 100-1,000X?
I feel late to the party… what is still under the radar?
It’s a question I try to address in this newsletter.
Most of the investments I talk about are things anyone can easily access on a crypto exchange or with a brokerage account.
And our advantage this year was that we were still very early in the cycle.
2036 launched on January 6, 2023.
At the time:
Bitcoin was trading at $16,800
Solana was worth $12
$COIN was trading at $33
i.e. if you bought in at any time this year, you made a lot of money.
However, with Bitcoin at $40,000, we are no longer very early in the cycle.
Bitcoin is on the front page of CNBC, and with the bitcoin ETF just around the corner, the masses will start piling in.
This means we need to move out on the risk curve to generate outsized returns.
One place to look is in altcoins and NFTs.
I talked about these yesterday - and sometimes, we pick the right projects at the right time.
Other times, however, we only hear about them after it’s too late.
And that’s why I angel invest in early-stage rounds.
Angel investing in crypto means we invest in the tokens of a project early - before the token is even released.
And because my expertise is in crypto gaming - that’s where I focus.
It’s very high risk - but can also offer potentially life-changing returns.
Together with some partners, we meet with founders and advise them on project gameplay, token economics, launch mechanics, etc.
And we invest our own capital in projects when they’re worth around $5M to $10M.
That’s a fraction of the market cap of games in the spotlight today (low-end Shrapnel @ $75M, high-end Axie Infinity @ $950M).
Typically, these deals are reserved for insiders and influencers.
But thanks to my past in gaming, I occasionally get invited into these deals.
And I want to share them with you.
More participants = bigger allocation = better deals for everyone involved.
Now - this isn’t for everyone.
But for those of you who want to take risks and believe in the future of crypto gaming - it’s a way to get in early on potentially great games.
The minimums are low - often around $250 per investor.
Last week, we invested in a company alongside Animoca Brands, one of the biggest players in the space.
The game’s token will launch in Q1 2024 - at a much higher valuation than the one we invested at.
I will do another deal this week - in a MOBA (in the style of Mobile Legends) incubated by one of the biggest launchpads in the crypto gaming space.
The deal closes on Friday.
To not bombard everyone every time there’s an opportunity - I’m creating a separate mailing list to post all the opportunities and the investor updates.
You’ll then automatically get them in your inbox, and you can review them in your own time.
If that interests you, click here to join the list.
