jayplayco

Yes, it is getting boring and being in crypto for almost a decade, it means we have to adapt to that change again. Get your suit ready.

Why I Buy xStocks While chatting with a coworker, a basic question came up, if you already have a brokerage account, why would you bother buying on-chain stocks at all? For me, the reason is simple. Profits from DeFi and token investing can be converted into dollar-based stablecoins or Bitcoin. I actually spent a while accumulating $LBTC. I also regularly buy and sell stocks through my brokerage account. But it occurred to me that holding on-chain assets in index exposure, rather than in dollars, could be a good option. That's the main reason. The leading tokenized stock providers are Ondo, @xStocksFi , and Dinari, but when it comes to actually buying, I usually look at xStocks or Ondo. Binance's bStocks could also be an alternative if you use the exchange or BNB Chain. For me, the most important factors are stability, dividends distribution, and liquidity depth. Liquidity depth outside market hours in particular is something you have to check before swapping any meaningful amount. For USD exposure I use Ondo's $USDY, but for on-chain stocks, most of my assets are currently on xStocks. The main reason is that swaps on Solana are very cheap, and liquidity is deep enough for the stocks I want. The key point is that you don't do swaps in the $100K range. Liquidity isn't that deep yet. Slippage gets too high and the advantage disappears. (and yes, of course, you need to have 100K firsthand.... :)) xStocks also runs an active points ecosystem. You earn points just by holding assets, and you can earn even more by posting them as collateral on lending platforms or providing liquidity to pools. (this is for me the biggest reason at the moment) xStocks seems to understand that growing overall liquidity depth, through lending liquidity and LP inflows rather than passive holding, is better for the growth of the whole ecosystem. Because this kind of points farming is possible, I currently put most of my yield into indexes like QQQ and SPY, collecting a small lending yield plus points, rather than converting it to stablecoins earning 4–5%. My reasoning is threefold. First, I expect US M2 liquidity expansion to gradually accelerate. Second, I believe the resulting index gains will outpace a 4–5% interest rate. Third, while xStocks hasn't said anything directly about rewards or a token airdrop tied to points, it seems likely they'll create some kind of use for them, which could generate additional returns. That's why I'm in the process of moving my yield into xStocks.

This is fun! Try it. Harder then u think.

It is not a legendary one, but at least a good Rare! Thanks @zk_bella and Surf. (Where is the official Surf account??)

As someone who is also using a Ledger to store assets, this is really concerning. I'm currently thinking about either setting up a MacBook or a new iPhone as my main wallet, with no additional apps or anything else installed. Self-custody is getting more and more difficult now. Maybe we all have to move to ETFs? As the industry is anyway removing the cyberpunks and replacing the main figures with suited salesmen, it may be the way to go. Sigh.

I hope all the best for him and his family. Getting robbed in your own home is a terrible experience and getting doxxed and living in a country where these kind of things are happening is normally not a great combination.

The @steemhunt economy has pivoted again and decided to funnel their value into a new kind of NFT. The Hunt ecosystem had Mini Building NFTs, Hunt NFTs and different kind of activities to increase the value of of the ethereum:0x9aab071b4129b083b01cb5a0cb513ce7eca26fa5 token. If you had enough share in the ecosystem, you could get a good yield that you could claim every single day. That kind of ecosystem is now gone and the Hunt team decided to funnel all the values back into one single NFT, called the Factory NFT. You can transfer your current Main building NFTs and Mini Building NFTs into Factory NFTs, but have to pay the upper side of the NAV in HUNT tokens. The difference is, that there is no lockup anymore but a 5% burning fee, which will also be used to increase the NAV. So the best way is, if you are interested in capturing the value within the HUNT ecosystem, to mint your Factory NFTs and wait until the NAV is going higher than 5% to cover the burning fee. Everything else behind that line will be a gain in tokens.

The ledger hack case is spreading faster than I thought. Lesson here should be, never trust resellers? Sigh.

Fun Moments of TOKEN2049 After the serious side of TOKEN2049, here are a few moments that put a smile on my face. Not every project was in "dark business only" mode. Some also wanted to create a new kind of experience. Fun things I saw there: •Ledger let people play basketball to win merch. •A quite creepy robot with blinking eyes moving around (I don't know which project it belonged to). •A whole area of arcade games, including Mario Kart. :) •A booth where you got merch if you threw a ball into a glass of water. Easy but effective. •@Tangem giving away Pokémon cards, if you know who to ask. About 200 cards were prepared, and one of them was worth over $1K. •Guests cycling to crush their own fruit juice. And so on. What I also liked was that there was enough space here and there to actually sit down, eat, or open your laptop and write some emails. There were also coffee stations and bottled water everywhere, so you could easily stay hydrated. I didn't try the food or coffee myself, but you could easily get your caffeine fix.

First Impressions from the Main Conference I'm used to crypto events in South Korea, especially KBW, and this was my first time attending @token2049 To make a long story short, it's a different dimension. TOKEN2049 had three different levels of a similar size, with hundreds of projects coming not only from Web3 but also from TradFi and Web2 infrastructure. Although there were also a ton of side events going on during TOKEN2049, the main event was well organized and very business-oriented. Yes, there was merch here and there and the traditional "follow and get merch" mood, but it felt more like CES or IFA, with every single project looking for B2B contacts. The first level mainly had larger booths, with MEXC in the main hall. The second floor was built for projects that needed a separate meeting room, and the venue was so big and long that I didn't even manage to reach the end of the floor. Companies like Circle, as well as exchanges, had closed-door meeting rooms to hold their business talks in a much more private environment. The fourth and fifth floors were also filled with a wide variety of projects. Payments, AI, exchanges, hardware wallets, and others had booths to speak with interested business partners. Some of the smaller one-man booths were empty, as the staff were either hunting for food or perhaps visiting the fair themselves. Most projects were run directly by their team members, so if you had any specific questions, a team member could follow up on the spot. A few projects also focused heavily on merch distribution, and those with special perks were quite crowded. But the general mood and vibe was about doing direct business. It took almost 1½ hours just to go through all the halls and take a short look at the booths. So if you don't already have companies in mind, it could take quite some time to find ones you might be interested in. In general, I would normally say side events and private meetings are enough during crypto event weeks, but it was definitely worth taking a closer look at TOKEN2049.

Just visited the @SuiNetwork Basecamp, and it is indeed huge. My first impression is that Sui Basecamp alone is almost the size of KBW this year. They booked the entire B2 level at Marina Bay and used the hall to showcase their ecosystem projects, with each project getting enough space to build out its own presentation. In case you didn't know, Sui Basecamp is a paid event, with tickets costing about 400 USD. Whether that's worth it depends on what you're trying to achieve, but in my opinion it is one of the best places to get to know the projects in the Sui ecosystem. On the other hand, Sui seems to be spending a lot, a really lot, of money to represent itself in Singapore. It is by far the biggest single-chain event held here, with three different panel stages, DEX and AI projects all at once, and a whole line of catering offering different kinds of food for attendees. Judging by the size and effort Sui has put in, I should be bullish on the ecosystem. But with a fairly large amount of assets sitting on Sui to generate yield, I'm still missing depth in liquidity and volume. It would be great to see that solved first, so I can be truly bullish on Sui. Btw, I didn't see Momentum here…

Got a sneak peek of @token2049 A lot familiar names there. Didn’t know that Mexc is having such a big booth there. Gonna be interesting when Tokens actually starts. As always the whole construction teams are still busy to build the stuff there, but you can already feel the vibe.

Got to the @injective event invited by @AndKrypto . The venue us in the open directly sided at a swimming pool. Guess if I had been in casual clothes, could jump in, cause it is really hot. The networking area had been separated and they had air conditioners around the venue, but it was still a bit too hot. You could still meet a good numbers of interesting people to connect there.

How to network at crypto events (notes from Singapore) Here in Singapore, almost everyone comes from a project, media, an institution, an LP or a VC. I've met only a few content creators (they call themselves KOLs in Korea, but that's normal there). That means you need your elevator pitch ready. Know what you're doing and why you're here. A colleague asked me how to cold network on the scene, so here's how I do it. 1. Start with eye contact If there are name tags with company names, you already know a bit about the person. If not, make eye contact, say hi and open with a line like: "Hi, I'm Jay, I'm tokenizing gold." 2. Pitch, then ask If the other person looks interested, give your 1-minute pitch about yourself or the project. Don't forget to ask: "And what are you doing?" Based on what you hear, decide whether you want to connect. 3. Connect In crypto, especially in Asia, connecting via a Telegram QR code is still completely normal. But as more institutions arrive, having a name card ready helps too. 4. Take a photo and send your blurb After connecting on Telegram, take a picture together. It helps both of you remember the meeting. If you have a blurb ready, send it. 5. Organize with Telegram folders Create a folder like "Token2049-2026" and put all your new contacts in it. You can find the conversations easily later, and you'll remember when you first met. 6. The most important part comes AFTER the event You often won't fully realize what company or project you were talking to. Look them up afterwards and find out what they do. Check whether there are angles to work together, then reconnect based on that. Even if there's no direct need right now, you never know when you'll meet that person again, maybe in a different role. Having already connected, even years ago, is a great starter. @token2049