In This Issue:
I share my thoughts on competition in the NFT market space and why we should all be watching lower market cap layer ones in 2022.
Jesse has a deep dive for you on Avalanche’s Trader Joe
Defi Dad has a tutorial for you on two very hot Avalanche based farms.
Rekt Capital has the latest technical analysis for you on the market.
Sam has a report for you on the best layer ones and twos for NFTs.
Matt has a report for you on Solana gaming coins.
The team from Numbers join us to discuss their decentralized photo networks.
Hot new token sales.
Rebecca has all of the latest news for you.
Jesse has a ton of hot new airdrops for you.
Rebecca breaks down this week’s trending coins.
My latest portfolio updates.
A quick reminder that all research and market analysis is provided for educational and informational purposes, and should not be considered as financial advice. You are ultimately responsible for your investments and trades, and they should only ever be entered by those who understand the risks, are willing to lose their entire investment, and properly understand how to manage their risk.
Also, every issue will contain more information, tips, hints, and analysis than you can make use of. Wealth Mastery is a tool, you are the craftsman. We are not a signal or pump group, we are a tool shop, you decide what information shared here has value to you or not.For any support related queries, please email me at larkdavis@larkdavis.org
For crypto related questions please comment on the website.
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What I’m Watching by Lark
The markets still feel stuck in the doldrums with fears around the FED and a coming correction in the equity markets weighing heavy on crypto investors. But don’t let that fool you into thinking that there are no opportunities in this market! Because we have seen many coins performing well recently and new opportunities are popping up all of the time!
The slow rise of competition to Open Sea is under way. Open Sea while being the OG of NFT markets has left a sour taste in the mouth of many frequent users with frequent site outages, non-existent customer service, slow roll out of new features, centralization and censorship issues, among a host of other problems that have led to calls for better competitors. While we already do have some good competitors like Rarible and Super Rare none of them have managed to attract the kind of user base that Open Sea has. We are starting to see the rise of centralized exchange competitors which I believe will really put the pressure on Open Sea. FTX, Coinbase, Binance, and basically every other top exchange is launching or has launched an NFT market place. These services should prove to be quite popular in the long run since people won’t have to leave Coinbase to get everything they want. It will be a one stop shop experience.
We have also seen a lot of niche market places popping up like Ethernity which only lists vetted exclusive NFTs. Or Quidd which works with a big range of brands on their NFTs. But many in the market seem to want a decentralized Ebay of NFTs, basically Open Sea, but better. Which is where we see new initiatives like Looks Rare popping up, which airdropped 12% of their supply to Open Sea users. In total 75% of the tokens will be given to users via…
Hi! My name is Lark Davis!
I’m a cryptocurrency investor with years of experience and I’ve been making consistent profits in the crypto space.
I’m passionate about helping others do the same, so I run multiple educational channels on crypto investing.
