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If you’d bought $1,000 worth of smart contract crypto Fantom (FTM) at the start of the year, today it would be worth a whopping $98,108 – a return of over $97,000. So, are you looking for the next 9000%+ coin? Luckily, this is what I’m about to share with you!
The first two crypto opportunities that allow us to capitalize on the Defi trend are Compound and ZRX. ECOMI is the third on the list and it’s the cryptocurrency of the 1st ever premium licensed digital collectibles marketplace. Fourth is Aragon, an online decentralized court system and fifth is UFO, a metaverse and gaming coin!
In this article, we are going to put the spots on the top 5 cheap cryptocurrencies that you can invest in today and make a huge return on your investment in a relatively short period of time!
If you find this post inspiring and useful, share it with your friends, please! (Virtual high fives and hugs to all my sharers out there)
Have you ever played slot machines in a casino? Or video poker on a cruise ship? They design these games so you’ll win frequently! And you can get addicted to them because, at every opportunity, you have a good chance of winning! (Of course, you’ll lose all of your money eventually since these games are rigged against you.)
This way of “winning” – where you have more wins more frequently – is compelling for the way our
minds work. It holds our attention, which is exactly why casinos use the strategy in the first place.
But, if you really want to get rich, you have to do the opposite. And that’s what we call making an asymmetric bet. Asymmetric betting is when you win infrequently. Most of the time, you lose a little bit of money or nothing happens at all!
But occasionally, you score a massive, outsized gain! And all your losses are erased 100 times over. Many of the speculative ideas Teeka’s put his own money into operating this way. In the past, people who had listened to him had turned $591 into $13,312… and another $1,000 into $1.5 million!
It’s almost like “finding” money. Look, I personally love speculative plays. and you should too – at least for a small part of your investment portfolio. But you’ve got to do it right. When you make asymmetric bets, you only need to risk tiny grubstakes for the potential to make life-changing gains.
And that’s why crypto is so powerful. It’s the only market I know of where you can risk as little as $100 and make tens of thousands of dollars! For example, during the crypto frenzy of 2017, we saw tiny coins like these skyrocket:
- Binance Coin rose 8,022% in 2017 alone. That’s enough to turn every $200 invested into over $16,000!
- Or how about EOS? It jumped 752% in just 180 days.
- And then there’s ZCoin. Investors made 22,900% over 2017.
- And don’t forget NEO. In less than a year, it rose more than 150,000%. That’s enough to turn $1,000 into more than $1.5 million.
This is just a small sample of dozens of tiny cryptos that could’ve paid you incredible gains…
Sure, a lot of these gains were hit hard since the frenzy. But you must understand: Crypto is a very volatile and cyclical market. It’s why experts are so adamant that you diversify and position size rationally. This way, you won’t get wiped out, since we won’t be using stop losses.
It will allow you to stay in the game long enough to let the game come to you, as Teeka always says.
But here,s the thing… We are still in the early innings of this new and emerging market. And over the next year, I personally believe we’ll see a surge in brand-new, massive demand for crypto assets. This demand will come from new crypto financial products created by Wall Street.
They will act as a gateway for investor money to enter crypto assets. It’s the same way exchange-traded funds (EFTs) acted as a gateway for investor money to enter stock indexes, precious metals, and energy products.
According to a Bank of America report released in December 2019, EFT assets will grow to an estimated $50 trillion over the next 10 years. The total crypto market cap already exceeds $1 trillion.
Only a fraction of Wall Street’s 500 million stock investors, is currently in this new asset class. Once more pile in, which is inevitable, the crypto market cap will soar higher.
Friends, I believe we’ve entered a new crypto bull cycle. And in this article, I’ve identified the best five “speculative” blockchain plays out there today. (Remember, blockchain is the underlying technology behind cryptos.)
Now, they are not quite as “established” as tokens, like Bitcoin and Ethereum. But that’s good news. It means you can get in early before that take-off. So, you can take a meaningful position for just a few hundred dollars. This is key!
Remember, what we want to do here is make asymmetric bets: small-stake, low-risk okays with huge potential payoffs. These are the types of bets that can make you a solid payday without risking your life savings.
With this kind of early-stage investment, there’s obviously a bit of risk, so start small. You can start from as low as $200 per position and no more than what you’re willing to lose… During the next crypto bull market, I believe we can see even bigger gains than ever before. So you don’t have to bet the farm to make life-changing gains. The time to get in is now.
Blockchain Play No. 1: ECOMI (OMI)
In case you have not heard about it, ECOMI is a blockchain company that has created an app called Veve. Veve is a premium licensed digital collectibles marketplace that has partnerships with Coca-Cola, Disney, Marvel, and a lot more!
Veve offers a once-in-a-lifetime opportunity for both collectors and non-collectors, investors and non-investors, and everything that is looking forward to enhancing their lifestyle and income through investing in a company, that a wise man once said, at a stage that’s similar to Amazon when it was selling books only!
Big companies and brands don’t lie… and they know exactly what they are doing and whom to trust! And when companies like Marvel and Disney pick the Veve marketplace to list their NFTs on, then you should listen and act accordingly!
In fact, in a recent article I published, I talked about the No. 1 way to play the NFTs game, and how you can take advantage of this storm to turn a thousand dollars into 30-50 times the amount in no time.
I’m not exaggerating at all… this is what happened to me personally. Let me tell you my story in short!
I’m considered an early OMI adopter who was lucky to buy OMI at a price of $0.0018. A couple of months ago, I came across a video for Penjoon on YouTube… I was shocked by the amount of potential in Veve NFTs, so I decided to jump on and threw away $1,000 to see how it goes.
And for a non-collector who knows nothing about collectibles, mints, and rarities, a thousand dollars may be a lot… but guess what?
According to ECOMI Wiki, My Vault Value is worth over $20,000 today! That’s an insane 20X return on my investment in a very short period of time.
Investing in ECOMI and Veve is a true blessing, and I’m not considering selling anything for at least 2 to 3 years from now.
Action to Take: Buy ECOMI (OMI)
Buy It On: Bitforex or Okex
Store It On: ECOMI hard wallet or Exchange
Asset Class: Cryptos (Altcoins) – Metaverse & NFTs
Blockchain Play No. 2: Compound (COMP)
Coinbase, the largest crypto exchange in the U.S., when it first went public, it ended its first trading day with an $86 billion market cap. That makes Coinbase larger than many household names in the financial services industry, including CME Group, Discovery Financial, and Intercontinental Exchange, the operator of the New York Stock Exchange!
I believe we will look back at Coinbase going public as the moment that crypto broke into the mainstream and became a household term. But, Coinbase is just the beginning. The best opportunities this year are in a different corner of the crypto market…
It’s called decentralized finance, or Defi for short. You see, Coinbase is a centralized exchange. While it makes it easy to buy, sell, and store crypts, it has its pitfalls. The two largest are its high fees and the risk of letting Coinbase custody of your assets…
That’s where Defi comes in. Under Defi, platforms like exchanges are decentralized. They allow users to trade cryptos at a fraction of the cost… and maintain control over their assets! This new realm of finance serves its users better by removing the middleman from the equation.
For example, when you purchase stocks from your broker, they earn a fee. But without having to go through a middleman like a broker, the seller keeps more profits from themselves, and the buyer gets a more favorable rate.
Crypto experts believe 2022-2023 are the years the Defi trend goes mainstream. Over the past year, we’ve seen hundreds of Defi projects that have built an entire ecosystem of financial products, come to life.
These new platforms are set to disrupt the financial industry we know today as they remove intermediaries and barriers to entry, which will also lower costs. Defi is set to improve areas like lending, borrowing, trading, insurance, asset management, and much more.
And as crypto adoption becomes more mainstream, so too will Defi as everyday users realize the advantages it has over traditional finance. I expect Defi to evolve into a multi-trillion-dollar sector. Yet it’s still flying under the radar of most investors. And Compound (COMP) can help us take advantage of the Defi trend.
It’s one of the largest decentralized lending protocols in the world. In May, it reached an all-time high of nearly $12 billion in assets held on the platform. With the recent sell-off across the crypto space, that number is roughly $6.5 billion at the time of writing.
Still, compared to crypto institutions like Coinbase and traditional financial firms, Compound is small enough to deliver incredible returns if the crypto market takes off again!
Compound allows users to borrow against their assets and/or lend them to earn income. The platform is completely permissionless, meaning anyone in the world regardless of their wealth or credit score can use it. Compound pools depositors’ assets together – which borrowers can draw from.
This evenly distributes risk and rewards among depositors looking to earn interest on idle assets. An algorithm on Compound sets interest rates. And it automatically adjusts them to reflect the market demand. For instance, when borrowing demand rises, rates increase to attract more lenders.
And when borrowing demand drops, rates decrease to attract more borrowers. Unlike centralized institutions, Compound uses smart contracts to ensure optimal security and allow users to retain control over their assets. (A smart contract is a self-executing contract with the terms of the agreement between parties directly written into lines of code.)
A depositor can withdraw their assets from the lending pool at any time of the day, 365 days a year. And since Compound runs on the Ethereum network, it doesn’t need to hire thousands of employees or rent expensive downtown office space. This allows it to operate at a fraction of the price, passing on more profits to depositors and more favorable rates to borrowers.
Owning Compound will position us to ride the Defi trend higher. And as more assets flood the Defi space, COMP token holders stand to benefit from users looking to generate income or take out a loan with their assets. On the security front, Compound will pay as much as $150,000 to anyone who can discover a bug or vulnerability that would cause the loss of assets or other harm to users.
That incentivizes so-called “white hat” hackers to do their best to find and identify potential problems before actual harm can be done to anyone. It’s also backed by some of the largest players in both the crypto and traditional finance worlds, including Andreessen Horowitz, Coinbase, and BainCapital.
Most importantly, Compound is integrated with a handful of innovative applications and platforms. Some of these you might already know, like Binance. Others you might not… For example, Donut allows anyone to link their bank account and start earning interest – as much as 4–10% – through Compound in a matter of minutes.
No, you don’t get FDIC insurance. But compared to a savings account at a traditional bank like Wells Fargo (which only pays 0.01% interest), Donut’s rate is around 400-1000 times higher.
Another app called PoolTogether also allows users to lend money through Compound but with a twist – all the interest that users earn is collected and distributed through a random rewards process.
While there are still participation risks, the basic idea is creating a lottery in which nobody actually loses, because you still keep your principal and can withdraw it at any time. This is just the surface of what’s possible, especially as more and more people wake up to the possibilities of Defi and developers coming up with more innovative ideas and concepts. While Compound offers an excellent platform for Defi, we think the best way to play its rise is by
holding the COMP token.
COMP tokens entitle their holders to fees and governance rights over the Compound protocol. Holders can participate in decisions such as determining interest rates for each asset… the required amount of collateralization for borrowing… and whether to add new coins to the protocol.
Most importantly, Compound generates revenues by taking a cut of the interest paid by borrowers and placing it in a reserve fund. The reserve fund acts as insurance for lenders to protect against default. However, when reserves reach sufficient levels, token holders can then vote on how to distribute the rewards.
And as you can imagine, they’ll likely vote to distribute the interest rewards to themselves. As more assets flood the Defi space, COMP token holders stand to benefit from users looking to generate income or take out a loan with their assets. So adding Compound to the portfolio today will position us to ride the Defi trend higher. A compound basically operates as a decentralized bank.
So we can value COMP tokens by relating them to shares in traditional publicly traded banks. Today, there are over $17 trillion in deposits held in U.S. banks. If even 1% of that money moves over to Compound, that would be about $170 billion going into the protocol.
Meanwhile, the Compound earns roughly 0.4% on its dollar-denominated stable coin loans. (A stablecoin is a crypto that’s pegged 1:1 to the value of a real-world asset, such as the U.S. dollar or gold. They’re designed to avoid wild fluctuations in price.) If we assume a quarter of that will be kept in reserves, then the other 0.3% would be available to token holders.
That 0.3% yearly fee of $170 billion would generate $510 million available to token holders.
The top five largest publicly traded banks currently trade at 15 times earnings. That means the Compound could easily be worth $7.75 billion just by meeting the average… representing a 360% jump from the token’s recent price when accounting for maximum token supply.
Of course, Compound could grow faster – and scale more easily – than any traditional bank. And investors tend to assign substantially higher multiples in those situations. (Amazon and Tesla are great examples.) Therefore, I think a Compound could easily command a valuation that is five times higher than the typical stodgy old bank.
Couple that possibility with the maximum supply of COMP tokens allowed under the protocol, and we believe the fair value of each token could be $3,876… a 1,132% increase from current prices.
Action to Take: Buy Compound (COMP)
Buy It On: Coinbase or Binance
Store It On: MyEtherWallet or Ledger
Asset Class: Cryptos (Altcoins)
Blockchain Play No. 3: 0x (ZRX)
0x (ZRX) is another opportunity for us to capitalize on the Defi trend. 0x is a decentralized exchange (DEX) aggregator. Like a centralized exchange, a DEX provides a platform for different parties to make trades. But unlike centralized exchanges – including Coinbase, the largest crypto exchange in the U.S. – there are no custodian middlemen in a DEX.
That eliminates the need for users to store their assets remotely and minimizes security risks like hacks. 0x has an interface called Matcha. It finds the best price for users looking to swap assets by pulling liquidity from multiple DEXs on the network. This saves users from having to search through several exchanges to find the best place to trade an asset.
Even if they were up to the task, by the time they found the best price and entered the trade… prices would have likely changed by then. This makes 0x the one-stop shop to exchange assets on a decentralized network, such as Ethereum. 0x also provides multiple sources of liquidity, including professional market makers, free limit orders for peer-to-peer transactions, and exclusive access to private pools of capital.
Plus, 0x has one crucial difference from other DEXs: It doesn’t store orders on the blockchain, only trade settlements. This makes it faster and less costly. Obviously, none of this would matter if there were trading delays, outages, or security issues. But 0x boasts 99.9% uptime and a faster response time than its competitors.
One study also showed 0x producing better fee-adjusted prices than competitors 70% of the time. For all these reasons, market participants are flocking to 0x. Active traders on the platform have grown from 8,563 to 102,290 over the past year. That’s a 1,095% increase.
The protocol can be used to build or augment a wide range of marketplaces – digital goods exchanges, games with in-game currencies, portfolio management platforms, and many others. Since the start of 2020, 0x has seen monthly trading volume gain 60% on average. If that trajectory continues, trading volume will hit $1.2 trillion this year.
0x makes about 0.01% in protocol fees off of trading volume. This means it could earn roughly $122 million per year if 2021 goes as projected. To put a value on 0x, we can look to Coinbase, the largest centralized exchange. Today, Coinbase is valued at roughly 31 times its 2021 earnings.
If we apply that to 0x, it would be valued at $3.8 billion. With a maximum supply of 1 billion coins, that equals $3.80 per token – a 431% gain from current prices. Of course, we think 0x will continue to gain market share as the Defi trend accelerates.
To be conservative, let’s say 0x is only able to maintain a third of its historical growth rate next year. That would still give 0x $22 trillion in total trading volume, which would earn $2.2 billion in fees. With Coinbase trading at 52 times its projected 2023 earnings, that implies a $113 billion value for 0x, or $113.58 per token. That would be a
15,549% gain from current prices, by next year, and with the assumption that 0x’s growth will get cut to a third of current levels.
That makes ZRX a perfect asymmetric play – the type of investment that could turn a tiny amount of money into a substantial windfall.
Action to Take: Buy 0x (ZRX)
Buy It On: Coinbase or Binance
Store It On: MyEtherWallet or Ledger
Asset Class: Cryptos (Altcoins)
Blockchain Play No. 4: Aragon (ANT)
In May 2016, a DAO, a digital decentralized autonomous organization set the record for the largest crowdfunding campaign in history when it raised $150 million. (We’ll explain more about how DAOs work below.) Launched on Ethereum, the euphoria from the record crowd-sale quickly dissipated when a hacker exploited a vulnerability in the DAO’s code.
By the time developers fixed the problem, $55 million had been siphoned away. As a result, there was an intense debate in the community on how best to solve the problem. One camp felt the code should be rolled back to
make investors whole. The other camp wanted no fix so that the Ethereum blockchain remained immutable.
In the end, the Ethereum blockchain did a hard fork, with the end result being Ethereum (ETH) and Ethereum Classic (ETC). ETH made investors whole, while ETC remained immutable.
The DAO hack controversy highlights the need for governance in cryptocurrencies. It’s not an uncommon problem. Bitcoin, for example, has also been mired in decisions on how best to scale the network. In 2017, the debate over Bitcoin scaling led to two 30%-plus drops in price. And it also led to the contentious Bitcoin Cash hard fork in August 2017.
Solving the governance issue is Aragon (ANT). It aims to be the first community-governed decentralized organization with the goal of acting as a digital jurisdiction and online decentralized court system. Organizations can use the Aragon Network’s basic constitution and services as a framework.
And they’ll also be able to build a custom set of rules to govern relationships inside the organization. Based in Spain, Aragon is led by Luis Cuende, a tech prodigy listed among Forbes’ 30 Under 30. With the advent of the internet and cloud computing, Cuende sees a new type of company emerging, one without traditional corporate and geographic forms. And that means we’ll need new architecture to manage these entities.
Aragon is building the tools for these next-generation decentralized organizations. And Aragon wants to provide everything you need to run one of these companies. While governance is a key feature, with Aragon you also can administer accounting, by-laws, cap tables, fundraising, and payroll. These activities aren’t exciting. But they’re critical to running an efficient organization.
If Aragon can become a critical piece of infrastructure for decentralized companies, that will create significant value. The team unveiled Aragon Court in February 2020. It’s powered by judges who back up their fairness by staking tokens. These judges are called up and rewarded for their work.
It’s the first decentralized courtroom of its kind, and it helps power Aragon’s network of organizations. Organizations can join the network by paying fees in Aragon’s native token, ANT. Aragon started off as an Ethereum-based project and is now migrating to its own Cosmos SDK-built chain using Ethermint. Being built on the Cosmos SDK helps Aragon become chain-agnostic, meaning it’s no longer dependent upon one single chain.
Also, because it uses Ethermint, it retains interoperability with Ethereum’s Virtual Machine and Ethereum smart contracts. This gives Aragon a wider net to cast to attract users and partners. The Aragon Association, which is the legal steward of the Aragon project, has strong financial backing, with over $200 million in value spread across 10 fiat currencies and cryptocurrencies.
The association recently garnered the attention of Tim Draper, a venture capitalist who has backed Tesla, SpaceX, and Coinbase (among others), and who now sits on the board. With strong financial backing and the right advisers, Aragon is our choice to solve governance and governance issues in the crypto age. Not only will Aragon solve these issues within DAOs, but we will also see traditional organizations turn to Aragon for its services as well.
Today, there are roughly 33.25 million businesses and non-profit organizations in the United States Aragon can provide services to. Businesses that are hesitant to fully embrace blockchain could use Aragon to simply improve their voting processes.
Each year, many of these businesses and organizations will rely on a centralized voting process to collectively make key decisions. This could include anything from shareholders voting on the next board of directors, to staff members voting to decide where the next holiday party will be held. Aragon can help ensure the process is secure and results are transparent.
We could also see non-profit organizations transfer their power structure into DAOs. DAOs use blockchain technology to allow businesses to automate essential and non-essential tasks, such as tracking inventory, creating or paying bills, and more. Because they use the blockchain, DAOs can also make business operations more visible. This would improve transparency and remove the need to trust any single person or a group with finances.
By using a DAO to run a non-profit organization such as a charity, outsiders can verify every move the organization is making.
This would likely lead to more donations to a charity that uses a DAO since anyone can verify how the money is being spent. It’s a common concern donors have that Aragon is helping eliminate. Over the next three to five years, we believe we could see 5% of these 33.25 million businesses and organizations turn to blockchain technology to improve governance and transparency.
And with Aragon serving as the industry leader for implementing secure and tamper-proof voting, we believe it has the ability to capture half of the market for blockchain-based voting solutions. If so, that would imply roughly 830,000 organizations using Aragon’s services.
And that will lead to higher token prices for ANT. By owning a stake in Aragon, we are positioning ourselves to profit from organizations looking to use blockchain technology to improve their governance structure.
Action to Take: Buy Aragon (ANT).
Buy It On: Binance
Store It On: Jaxx, MyEtherWallet
Asset Class: Cryptos (Altcoins)
Blockchain Play No. 5: UFO Gaming (UFO)
Play-to-earn games are the new gaming model taking the world by storm, and UFO gaming will be the cornerpiece.
UFO Gaming ($UFO) is a fully decentralized gaming platform bridging traditional games onto the blockchain and giving players the ability to earn while.
It offers an ever-expanding realm and infinite ecosystem that will consist of P2E games, breedable in-game NFTs, earning virtual land, and a Metaverse Launchpad that will continually require UFO tokens.
It will also collaborate with traditional gaming companies to integrate them onto the blockchain and develop new blockchain gaming features.
Each game will have its own governing planet. They will run virtual land auctions, where people can purchase their own piece of that planet and earn revenue from the game by completing specific tasks.
In the future, these pieces of land can be used to build infrastructure for that planet, such as virtual NFT stores, collection galleries, and weapon stores, and buy/sell NFTs from the game.
One planet, one game, and an ever-growing ecosystem of play-to-earn games.
Action to Take: Buy UFO Gaming (UFO)
Buy It On: Gateio
Store It On: The Gateio exchange
Asset Class: Cryptos (Altcoins) – Metaverse & Gaming
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Cheers,
Odeh Ahwal
