Dear Startup Investor,
Laura here, from the Research Team.
We’re only four days into the new year, but I think we can all agree that putting 2021 behind us is a good call.
I don’t know about you, but I certainly never expected we’d still be dealing with COVID-19 in 2022. (I still remember thinking we’d be back in our offices in two weeks, max!)
Last year was the first – and hopefully last – that we spent all 365 days coping with some level of lockdown. It wasn’t easy, but we can finally put 2021 in the rearview.
Unless, of course, we’re talking about blockchain.
Last year was defined by some of the most interesting and abstract use cases for blockchain tech we’ve ever seen… And the news coming from that space was, at times, nothing short of surreal. Like…
- A DAO (Decentralized Autonomous Organization) raising millions to try to buy the U.S. Constitution…
- Elon Musk pumping Dogecoin on Saturday Night Live…
- Facebook changing its name to Meta and launching a virtual metaverse…
- And an NFT called CryptoPunk #7523 – pictured to the right – selling for $11.7 million.
Say what you will about the strange headlines we’ve seen lately… but there’s absolutely no denying that blockchain and crypto ruled 2021.
The NFT market alone went from $100 million traded in 2020 to $22 billion last year – a 21,900% increase that’s not expected to slow down. Some experts have pinned a stunning $1.25 trillion target on the fledgling space.
We haven’t seen the birth of such a massive new market since the invention of the Internet. And just like in the 80s, capital is flooding into a new ecosystem of startups that will someday dominate the blockchain.
Crypto startups in particular are on a tear right now, with more than 30 new unicorns (affectionately dubbed “cryptocorns”) emerging last year alone.
Essentially, this explosion in crypto tech boils down to one critical truth: We are standing at the cusp of mass adoption like we’ve never seen before. And that means there’s potentially life-changing money to be made in crypto… starting now.
The thing is, if you’re only investing in mainstream coins like Bitcoin and Ethereum… You’re probably not going to become one of those famous crypto success stories.
According to Tom Gentile, one of America’s leading crypto experts, the key is to trade in microcurrencies – small, little-known cryptos that are custom-built to serve specific industries.
He’s been doing it for years… And the coins he’s tracked have beat Bitcoin’s gains by as much as 5,567 to one.
Bitcoin was the trailblazer that paved the way for the rest of the crypto market (which is why a single BTC is worth over $46,000 today).
But the other side of that coin, so to speak, is the fact that it’s very generalized – meaning it’s not optimally designed for many of crypto’s biggest use cases, like real estate, biotech, healthcare, and more.
That’s where microcurrencies come in. They’re built specifically to serve certain sectors. As a result, they’re automatically the best available option in their space… in many cases, much better than Bitcoin.
That’s exactly why these tiny cryptos are able to beat Bitcoin – and it’s exactly why you should be focused on them.
The hard part, of course, is learning how to find these microcurrencies (and how to identify the ones that are most likely to crush mainstream cryptos).
We’ll talk soon.
Director of Content, Angels & Entrepreneurs