💰🤓The Milk Road web3 Newsletter talked to a Crypto OG worth $100m+
His advice: lean into what the nerds are doing
Quick summary of Ryan Zurrer @kukulabanze
- Owns Human One by artist Beeple (7-foot sculpture made of LED Screens.) Purchased for $29M.
-Early investor in MakerDAO, Filecoin, Axie Infinity and Polychain (first-ever crypto focused fund.)
As an avid NFT collector, Zurrer sees something most people don't: these pieces of digital art can earn him yield.
He borrows against the NFT in U.S. dollars, then uses the capital as a lender in a riskier, higher-interest DeFi transactions.** **
🐂Here's some things he's Bullish On 🐂
-$RON token, it runs on the Ronin Blockchain where Axie Infinity lives. Ronin has 410k daily users, while Ethereum has 480k .Yet, Ronin has only a $2B market cap, while Ethereum is ~$300B.
As Zurrer puts it: Ronin is grossly undervalued.
-Safe Haven Assets:
A non-crypto asset that stood out was 1st edt Charizard cards that are in mint condition. Pokemon is the highest grossing franchise of all time globally. He has accumulated a large collection of premium Charizard cards in his portfolio. Beat that @LoganPaul
-Defi YieldHe and his team built a product to deliver consistent yield farming results (they call it Medici) in the 20-50% APR range. Is it sustainable? (read about it here: https://dialectic.ch/editorial/medici-dialectics-yield-farmer)
-Community InvolvementThe big brain 🧠way to amass 1000x type returns is by: Joining discords, participating in DAOs, going to hackathons, conferences, brainstorming with devs etc.
Get in early, hustle & spend time with builders, the longer before the token the better.
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