Kebra Crypto Weeks: January to April 2022
My crypto activity last weeks trying to achieve my strategic goals investing in all 3 layers of crypto.
Overall strategy reminder:
My portfolio: 1/4 BTC, 1/4 ETH, 1/4 new coins, 1/4 NFT
- Layer 1 Coins:
- Layer 2 Contracts: defi, launchpads
- Layer 3 New usages: “The Metaverse”
Layer 1 Coins: Bitcoin and Ethereum seem pretty safe against new coins
Until so called “ethereum killers” are put under heavy traffic and “real” decentralization is low on your priorities the future looks very bright.
I am invested in all of them, but I am not super excited by what’s happening.
- Solana: the most active one with NFTs, DEXs, etc… Solan gives an impression of robustness until one of those metaworlds try to send thousands of lands and later announces on Telegram that some Solana communication or throughput issues triggered some manual job to be performed by IDO initiators to clean the introduction mess.
- Cardano: I earn on staking but don’t see much activity on this one.
- Polkadot: the parachain concept seems exciting, but no activity otherwise.
- Fantom: no specific comment.
- Avalanche: I am lost between the 3 chains.
- Matic as ethereum child: ethereum fees are not that high lately and visibility of Matic assets isn’t great. Most NFT browsers don’t see them or don’t take then into account, so if your goal is to gain visibility, get your NFTs on ethereum, not on MATIC…
Why not leaving the blockchain?
I am planning to invest on Hedera . Hedera doesn’t run on any blockchain but on what is called a hashgraph , with many new magic promises. I am becoming bored with blockchain promises, anything new is worth exploring.
Layer 2 Contracts: defi, launchpads
Quiet calm here. Maybe less frequent IDOs with crypto going down since the start of the year.
Layer 3 New usages: “The Metaverse”
NFTs
I am avoiding AI and scripted “art” because I still believe in the superiority of human creativity over the machine.
- NFT Art: I started some collections sponsored by IRL (In Real Life) recognized institutions such as La Collection linked with the British Museum.
And
- NFT Art: Otherwise, I am encouraging various artists, that I appreciate works, from time to time.
- Play to earn: I don’t believe in the “Play to Earn” concept, either you play or work. Working might be enjoyable but it’s work. I sponsored an Axie scholar and he wasn’t playing, he was working.
- NFT games: I am not too much into playing, but I still enjoy the way RogueWest , a card game is set and its associated iconography.
Virtual lands
- The Virtual lands, I am the most active in: Decentraland (Virtual Reality) & OVR/OVER (Augmented Reality). In addition to exploring these 2 metaverses and participating to events (mainly on Decentraland), I try to populate the lands I own.
- Doing it myself when graphical prowess is not the focus such as my lobbying activity
- ______In front of a luxury store in Decentraland
- ______In front of an Austin TX Apple Store in OVER
- Getting some help when graphic reality is required
- Flame of Liberty — Lester paints the world
Access keys
Access keys are NFTs that give you access either to early or private sales or private lands. I am chasing those, when they cost less than 1ETH. My 2 best keys or set of keys so far are:
Exclusible collections that give you early access, very regularly, to attractive luxury NFTs, that seem to be easily salable on the market.
Metakey collections drop you some decentraland buidings and wearables.
Identity management
Something that I don’t fully understand yet but which I feel is hot is identity management or digital profiles, linking an ETH address with you as a human. There is no standard yet, but is the one that is going to emerge already here:
- https://www.xsl-labs.io/en/ I know one guy through OVER metaverse
- https://photosapiens.io/uqejtd3k
- https://www.lukso.network/
- https://ont.io/
- https://developers.idx.xyz/learn/welcome/
- https://ethsign.xyz/#/ discovered while hanging around in decentraland
Getting visible by being active in the metaverse and showing it
I am trying to increase my visibility in the Metaverse because active whales receive more free NFTs (valuable or not — see kong story below) than others. In addition to purchase NFTs other ways to get more visible are:
- Collecting POAPs : they are proof that you attended an event either IRL or in the metaverse.
- Voting in DAOs : here is the way to show that I am personally active in some DAOs : https://backdrop.so/kebra.eth
- Trying to get a job as an arbitration juror : https://kleros.io/
Starting selling my assets: my best sales!
I receive daily proposals for Decentraland, Sandbox and more rarely for NetVrk, CryptoVoxels and some access keys.
OVER land x 147!
A Kong I received for free without asking : 0.89ETH!
