By Greg Wilson, analyst, Palm Beach Daily In 2014, an e-commerce company called Jet launched intending to compete with online shopping behemoth Amazon. Whereas Amazon focused on fast, free shipping… Jet would take the Costco approach: a fee-based service, but with better prices. To get started, Jet raised $80 million from big-name investors like Goldman Sachs, Bain Capital, Alibaba, and Fidelity. But it also wanted to hit the ground running. So it launched a competition called the “Insiders referral program” to incentivize people to help build its user base. Those who referred the most sign-ups to Jet would win equity in the company. The top referrer would win 100,000 shares of Jet, and the following nine would receive 10,000 each. That’s where a man named Eric Martin stepped in… Recommended Link | BIOTECH MASTERCLASS [COMING SOON!] You’re invited to Jeff Brown’s Biotech Masterclass. Look “over Jeff’s shoulder” as he investigates the biggest biotech story in America right now. In one day, a small cap could start to soar up to 1,000%. Within 12 months, it could turn a tiny stake into a nest egg. This is a millionaire-making opportunity that demands your immediate attention. To be clear: This masterclass is 100% free. | | -- | A marketer by trade, Eric had previously run for Congress in Pennsylvania. He used that experience of engaging with the public to boost his sign-ups. In total, his “campaign” efforts cost him $18,000. And it worked. When the contest ended, Eric found himself the new owner of 100,000 Jet shares. Fast-forward to 2016. Walmart bought Jet for $3.3 billion, and Eric cashed out… for over $10 million – a 55,456% return in just two years. This wasn’t just a success for Eric, but Jet as well. In total, the contest brought in over 350,000 new sign-ups to the platform. That meant Jet already had a strong user base when it launched. Double Your Money Every 30 Days With FLIP Trading This mutually beneficial relationship is at the heart of a new trend taking the crypto income space by storm. It’s called “yield farming” (also known as “liquidity mining”). Like Jet.com, it’s an innovative way for blockchain projects to grow their user bases and increase their liquidity. And many yield-starved investors are just waking up to its potential. This is an entirely new way to make income from crypto. And today, I’ll tell you why now’s the time to prepare for crypto’s latest craze… A New Way to Earn For a real-life farmer, yield is the amount of crops produced on a unit of land. For a crypto yield farmer, yield is the amount of interest and rewards generated from crypto assets. Yield farming is part of an overall trend we call Decentralized Finance, or “DeFi” for short, and it’s going to become one of the biggest wealth-producing crypto trends in the next year. It’s a category of financial applications developed on top of blockchains. But more specifically, yield farming is a subset of “Tech Royalties,” a part of the DeFi ecosystem that’s unfamiliar to most investors. This Revolutionary Tech IS the #1 Investment of the Century With Tech Royalties, you stake your crypto assets to their respective protocol. That helps secure the network. In return, you receive more crypto as a reward. In fact, while interest rates reach record lows and many companies cut their dividends, Tech Royalties in our Crypto Income Quarterly service continue to average a yield of 10%. That’s 456% higher than the current yield on the S&P 500. So it’s no surprise the excitement for DeFi is growing… You see, DeFi projects have started incentive programs to attract liquidity to their protocols. And they’re doing that by issuing governance tokens. Governance tokens give holders the power to influence decisions concerning the project’s core protocol. And liquidity refers to the ease with which you can trade an asset without affecting its price. It’s determined by the volume of trading activity. Look, it may sound complicated. But all you need to know is this… In the last month alone, the crypto market has exploded… and that’s just a drop in the bucket compared to how far crypto has come since the sector plunged in March. Look at bitcoin. It’s up more than 348% from its March lows. Remember, what’s good for bitcoin is good for the entire crypto ecosystem… And since most cryptos in the DeFi space are much smaller than bitcoin, they can see much bigger gains. Crypto users are piling into projects for the opportunity to earn tokens and improve their yields. And projects are benefitting by seeing their liquidity and viability grow. They’re essentially doing what Jet did when it launched. With Jet, the liquidity came in the form of new sign-ups. And the reward came in the form of equity. In DeFi, you provide liquidity and get tokens as a reward in return. It’s an entirely new way to make Tech Royalties. The Biggest Craze Since 2017 What we’re seeing in DeFi today is a speculative mania led by the new yield-farming craze. It’s reminiscent of the initial coin offering (ICO) craze that swept the crypto market in 2017 and propelled some tiny names into well-known projects. Ultimately, we believe yield farming will be positive. It’ll help drive the expansion of DeFi and boost the returns of Tech Royalties. As for specific yield-farming opportunities, we’re much more cautious… Yield farming is bringing a surge of assets to DeFi. And it’s just getting started. That’s the good part. The downside is this: Because this space is so new, some of the yield-farming opportunities you may encounter are risky and short-lived. So for now, we’ll watch this space as it matures. And when it’s proven to be stable and reliable, we’ll take advantage when the time is right. But if this trend turns out to be the next Jet or ICO boom, we’ll be positioned to profit ahead of everyone else. That’s why we’re pulling back the curtain on this opportunity early. When the pieces are in place… we’ll be ready to act. And we expect big moves coming to DeFi over the next 6-12 months. If you do try yield farming, keep in mind that no yield is guaranteed. And generally, the larger the yield, the larger the risk. Like anything else in crypto, never invest with money you aren’t willing to lose. Regards, Greg Wilson Analyst, Palm Beach Daily P.S. It may sound absurd, but some Tech Royalties have delivered yields of as much as 95%, 257%, 418%, 1,023%, and even 2,696%. As I mentioned above, this new asset class is unlike any other in history… and we expect DeFi to really take off in the coming year. That’s why Daily editor Teeka Tiwari put together a presentation to show you how to start earning income from Tech Royalties. You can watch it right here… As a bonus, you’ll get the name and ticker symbol of his No. 1 Tech Royalty for 2020. Like what you’re reading? Send us your thoughts by clicking here. IN CASE YOU MISSED IT… [URGENT] Watch this ASAP This is urgent. China's communist government is now targeting Americans directly. What they plan to do next should have everyone worried… Coronavirus deaths will pale in comparison to the results of this sinister act. Every American needs to watch this urgent briefing to learn more about this shocking situation… and find out how to prepare. Click here before it's too late! Get Instant Access Click to read these free reports and automatically sign up for daily research. |
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