Missed the generational wealth brought by the $BLUR airdrop? I guess we'll need to do it the old-fashioned way.

5 Habits to Build Wealth this Bear Market according to our Head of Content, @JaimeZ888. 🪡🧵👇🏼

1) Live a modest lifestyle

We are often taught the 50-30-20 guide:
- 50% needs
- 30% wants
- 20% savings and investments

While nice, the bear market is for generating cashflow to invest at bargain prices.

The more cash allocated to savings/investments, the better.

Introducing the 70-30 rule:
- 70% savings and investments
- 30% expenses

To do this, you'll need to live below your means. Cut down on luxury items, restaurants, vacations, and unnecessary subscriptions.

Short-term sacrifices for generational gains.

2) Invest early

The extra cash from Step 1 can be used to DCA patiently into solid names like #BTC or #Ethereum or blue chip NFTs (if your budget affords it).

You can also buy early into new NFTs, startup crypto projects, or other assets.

3) Learn a new skill

Use your new skills to level up your value or find an extra income source.

Highly Valued Skills:
- Coding
- Community Management
- Leadership
- Collaboration
- Self-promotion

I learned leadership to break into the management ranks.

4) Build connections

Networth < Network is true no matter what market we are in.

Your next connection could be a potential business partner, alpha information, or a good new friend.

Attend events and seminars. Join online communities to expand your social circles.

5) Master the Fundamentals

The bear market will test your perseverance, patience, and self-belief.

There will be multiple bear markets throughout your life. Build character that will help you thrive during the Winter.

To recap:

- Live below your means to generate more savings
- Get in early for 100x plays
- Learn new skills to increase value
- Increase your social circle
- Build a strong character

We heard that the @MomoguroNFT Discord server just opened so we're bringing back our thread from a while back.

Here's why it will cook. 🪡🧵👇🏼🔥

What we'll cover in this analysis:

- Project Details
- Baobab Studio (@baobabstudios)
- Team
- Media Features

1 - Project Details

@MomoguroNFT is a Web3 Metaverse game by @baobabstudios.

Launching in Q1 2023, players start w/ a @holoself avatar and navigate the Uno Plane.

Explore the Metaverse, merge with magical Momos creatures, and form ultra powerful Momobeasts.

This is the studio's first project in Web3 and will include an expansion into television, film, and books.

@Immutable will be hosting the project.

2 - @baobabstudios

Founded in 2015, Baobab is a 9x Emmy-award winning interactive animation studio. Here's their latest 2022 showreel:

https://twitter.com/baobabstudios/status/1593728096355733505?s=20&t=FjaiS3xSn7uFOX7ec9z8pw

Their portfolio includes the following:

👉 Namoo (2021)
Available in both film and VR, the film was bought by @WarnerMedia and is streaming on @hbomax.

Trailer: https://youtu.be/UCN4x__Ub9A

👉 Baba Yaga (2021)
Nope sorry, not related to John Wick.

3x Emmy winner. Stars Jennifer Hudson and Kate Winslet.

👉 Crow: The Legend (2021)
Available as a short film and in VR. 2019 Emmy awardee.

Featuring John Legend and Oprah.

3 - Team

@MomoguroNFT is backed by the same leadership of Baobab. You can be confident they know how to deliver.

Maureen Fan (CEO)
- Baobab since 2015
- VP of Games for @Farmville
- Product Manager for @eBay
- Harvard MBA

Eric Darnell (Creatives)
- Chief Creative Officer since 2015
- Directed Madagascar animation series
- 40 years of industry experience

Larry Cutler (CTO)
- Production Director @Dreamworks
- Technical Director @Pixar
- Stanford graduate

Aside from solid leadership, @baobabstudios has a solid investor & advisory team:

- Investors: Disney, Comcast, Alibaba
- Advisors: Alvy Ray Smith (Pixar), Jane Rosenthal (Tribeca Film Festival), and Glenn Entis (Dreamworks).

USD 31M funding raised to date.

4 - Media Features

Baobab and Momoguro have been covered extensively in popular media outlets.

@VentureBeat @Variety_Film @MetaverseMiami

We can be assured of a strong marketing presence.

https://venturebeat.com/games/baobab-studios-unveils-momoguro-web3-collectibles-game/

5 - Summary

Strengths:
- Highly accomplished Web2 brand
- Strong leadership and advisory team
- Powerful media connections

Needs Improvements:
- Built on Immutable
- First project in Web3

Whether you’re a Gamer, Game, or GameFi studio, build your brand on @pgz_io! 🔥

Here's the spotlight on PlayGroundZero.  🪡🧵👇🏼

Topics of this thread:

- What is @pgz_io
- Brief history
- The Team
- Platform review

1 - @pgz_io is a networking and jobs platform for Web3 Built for gamers, guilds, and GameFi studios to:

🚀 Offer services on the marketplace
🚀 Create and join gaming guilds
🚀 Advertise games
🚀 Apply for Web3 jobs PGZ improves accessibility and participation in Web3.

Web3 stakeholders can safely build their brand via the platform's features:
👉 User verification
👉 In-platform messaging
👉 Gamification and rewards
👉 Web3 ecosystem

2 - PGZ emerged from several GameFi & Web3 ventures by @purrbana and Paolo Santos

📌 Leaguerboard: social sports platform
📌 P2EBoard: @AxieInfinity scholarship management platform
📌 Railings University: P2E gaming guild
📌 @PIF_DAO: GameFi guild & marketplace, $6M token raise

3 - Founders

Janze De Guzman
👉 Pivoted P2EBoard to @pgz_io
👉 N. American banking consultant
👉 Analyst at International Monetary Fund
👉 Georgetown MBA

Paolo Niccolo Santos
👉 Co-founder and CTO of PIF and PGZ
👉 Lead develop in several startups
👉 Distinguished educator

4) Platform Review For Gamers:

- Highlight your personal portfolio
- Connect with guilds and gamers
- Create your own guild
- Apply to Jobs
- Track Gaming Performance

For Guilds:

- Track performance of guild members
- Recruit and attract joiners
- Be informed of the latest games
- Connect and partner with game studios
- Fill out other guild roles

For GameFi Studios:

- Market your game to guild and gamers
- Nurture a community
- Provide latest updates
- Offer creative services
- Gather feedback

Overall @pgz_io community continues to remain active during the bear. 🐻 While new game releases have slowed down, Web 3 participants continue to network and offer their services on the platform.

You can read the unrolled version of this thread here: https://typefully.com/DiamondNFT/7iIvqy7

Web3 Company Highlight: PlayGroundZero

IRL events and networking sessions are great ways to get that #Web3 Job!

But here's the catch, you're an #introvert and find this very draining... 😵

5 Networking Tips from our introvert Head of Content @jaimez888. 🪡🧵👇🏼

WHY INTROVERTS STRUGGLE

Introverts are more comfortable with their inner thoughts and ideas.

👉 You may be an introvert if you:
👉 Prefer working solo than in groups
👉 Have few close friends
👉 Need quiet time to work
👉 Are reflective and self-aware

If you're at the party and people keep asking "are you okay?" while all the apes are shouting "LFG!!!" you may be an introvert.

To check if you're an introvert, take an MBTI personality test online.

WHY NETWORKING MATTERS

Network > Networth 😏

If you're serious about your #web3 career, whether as a buildooor or influencoor, you will need networking.

Not just for alpha and early whitelists, but to achieve a couple of things:

👉 Exchange Ideas
Learn by listening. Whether it's #nft trends or the next 1000x trade of the century, this info can be highly valuable.

👉 Build your personal brand
Be visible and elevate your profile. No one is going to hire you if they don't know you exist.

👉 Make connections
Many successful people have utliized their connections to find the next business partner, promotions, or mentor.

👉 Find hidden opportunities
100x online applications and all rejected? Opportunities exist offline and F2F events allow you to standout.

NETWORKING TIPS

👉 Set goals before the event.

Ask yourself what you want to achieve :
- Whom do you want to talk to?
- How many potential connections?
- Which industries?
- What kind PFP Holders?

Identifying goals allows you to focus precious time and energy.

👉 Prepare Questions

Come prepared, you nerd!

Coming w/ stock questions and ideas removes the stress of thinking about them on the spot. You're also most likely prepping these alone, in the comfort of your introvert self.

Sample questions:

- What was your inspiration to do X NFT collection
- Where do you think #crypto is headed in 3 to 5 years?
- What are your thoughts on what speaker X said about Y?

👉 Focus on small groups

I avoid big crowds and play to my strengths.

This includes 1:1 communicating and building intimate relationships. Focus on at max, groups of 4

It's hard to talk with the music at full blast, it's even harder with people shouting over each other.

👉 Ask a friend
Bring your friends. If it's an extroverted one, you're in luck. If not, at least you have someone to share the burden with 😅

Friends can refer you to other contacts in the event, this removes the whole "approach and introduce yourself" phase.

👉 Network "offline"

Great! You've now followed each other back on Twitter. Now what?

Use the power of tech, dummy! Send a message offline and chat with your new contact.

Introverts excel at writing. This also allows you to message a person when you're alone.

SUMMARY

- Many Introverts have a difficult time tin networking sessions
- Events are an important tool to success in #web3
- Use your introvert strengths to your advantage

If you liked this thread, make sure to like, RT and follow @DiamondNFT and @JaimeZ888.

Also a thanks to our event and networking partners @web3phsummit @bumb1ebee_ @miggy_az @chrstphrstr @phweb3festival @keepersbar @dshmanila


Check out our recent tweet on How to Get a Job in Web3:

https://twitter.com/DiamondNFT/status/1587021581485633536?s=20&t=Sch1bnaJzge6y0wV2DRljQ

You can read the unrolled version of this thread here: https://typefully.com/DiamondNFT/w5WcPDg

Web3 Networking Tips for Introverts

"The optimal strategy to wealth is to take the greatest reward for the lowest risk."

Learn how to manage Risk and Reward in NFTs through one of @Diamond_Cruiser's #✉️-daily-letters. 🪡🧵👇🏼

This is one of my favorite pictures. My old Cool Cat.

This teaches me an important lesson in risk/reward theory and why paper-handing and FOMO is bullshit.

There is RISK and REWARD in any investment. Ideally, you want the REWARD far outweigh the RISK in any decision.

The optimal strategy to wealth is to take the greatest reward for the lowest risk.

Why TF are we doing NFTs and crypto?

Because the REWARD far outweighs any RISK, like 1000% unlike traditional finance where the REWARDS are shit.

But as time passes, and floor price keeps going up, and liquidity stops, the RISK goes higher and the REWARD goes lower.

Do I feel bad at earning 5 ETH when floor price went to as high as 12 ETH? No.

I should feel bad for the person who bought from me and earned 3.3 ETH after risking 5.74 ETH. Because his RISK/REWARD ratio was skewed more towards RISK.

Should you feel bad you paper-handed Art Gobblers at 12 ETH when it reached 18 ETH? NO.

Because you exited when the REWARD side was FAR, FAR greater than the RISK side.

The person who bought it at 12 ETH only earned 6 ETH, risking more money for less upside than you.

Should I feel bad for selling at break even and cutting loss, and then the NFT moons? NO.

Reducing risk trumps optimizing reward.

Again, the name of the game is going for the highest reward with the lowest risk.

Use your capital to search for the next gem.

The entire history of humanity has been people moving to de-risk their lives.

At first, it was hunters risking their life for food eventually going for less-riskier agriculture.

People banding together rather than doing it alone.

The best traders don't do trades forever.

They eventually become exchanges/membership organization to get a cut from ALL trades.

Nobody wants to take risks forever.

Whenever you sell, you wish the buyer good luck. They'll need it.

WGMI.


You can read the unrolled version of this thread here: https://typefully.com/DiamondNFT/GD0uYYr

Managing Risk and Reward in NFTs

HOW TO GET A JOB IN #Web3

Here are 5 Tips to get that gig from our very own Head of Content, @JaimeZ888. 🪡🧵👇🏼

2/ First: ABOUT ME (@JaimeZ888)

I’ve worked for <10 years in the tradfi space as a credit manager. I also write actively on LinkedIn in regards to finance and career advice.

Aside from investing & trading in #crypto and #NFTs, I have no prior experience in any Web3 company.

3/ TIP #1: NETWORK > NET WORTH

It’s not always about what you know, it’s who you know.

I got my current stint at @DiamondNFT because I went to the IRL meetup. Being highly introverted, I was scared shitless.

Up to that point I had just been lurking in the discord.

4/ I met the core team and formed connections with other members, some of whom are now IRL friends. Networking helps build trust and people want to work with someone they can trust.

After, I engaged more in discord and one day an opportunity came knocking. I decided to...

5/ TIP #2: TAKE THE INITIATIVE

There was a call for volunteers in the Discord. I signed up and landed this role.

My work as a PM follows the same route. When my tradfi company opened up a new Digital Asset department, I told them to Sign. Me. Up.

6/ I could have gotten rejected but I took my shot.

I was not afraid of failure. I had already been applying at Crypto VCs and Defi companies and had been ghosted several times over.

We often fear when there's nothing to lose and all to gain.

7/ TIP #3: TRANSFERRABLE SKILLS

How does a back-office tradfi worker pivot to Content and Product?

As a credit manager, I composed lengthy analyses of public companies. At @DiamondNFT, I compose tweet analyses of upcoming NFT projects and events. Different topic, same banana.

8/ At my previous work, I was also leading a team of other credit analysts.

Leadership skills are highly valuable as a Product Manager who often has to manage developers, designers, and senior management.

My Web3 knowledge as an NFT degen and Crypto trader then filled the gaps.

9/ There are no wasted skills.

Trading on every imaginable crypto platform and grinding nightly for WLs paid off. There will be few who know the product, market, competition, and trends as well as you.

Keep grinding! 👑

10/ TIP #4: BE SELF AWARE

Know what you like and don't like. What your strengths and weaknesses are.

I was good with numbers but I didn't really like them. Probably why all these VCs kept rejecting me.

I loved writing and felt good at it, now I write content.

11/ I was highly introverted and backed away from people. I had a weakness for people-related roles.

To address this gap, I enrolled in leadership classes and made it a point to talk to and connect with other employees weekly.

My weakness turned into a strength.

12/ TIP #5: LEARN FROM FAILURE

You won't get the first Web3 job you apply to.

Refine your approach with each rejection:
• Do you lack certain skills?
• Did your interview perform well?
• More experience needed?

Treat failures as lessons.

13/13 To end this tweet, a moment of thanks to @DiamondNFT for the endless opportunities to grow in this space.

If you liked this thread, don't forget to like, RT and follow @JaimeZ888 and @DiamondNFT!

How to Get a Job in #Web3

Today in NFTs and Pop Culture: this thread from @JaimeZ888 about LOTR: The Rings of Power. 🪡🧵👇🏼

"What can LOTR: The Rings of Power teach us about crypto and NFTs? 

Lessons from Episode 1: A Shadow of the Past (Slight spoilers ahead!)."

Here are key lessons I’ve learnt so far:

💎 Learning from Failure
💎 Keeping Patient
💎 Sacrifice 
💎 Finding Meaning

"In the opening of the series, a young Galadriel sails her paper boat along a stream. The other kids bully her and sink her ship with a rock. This sets up the stage for timely advice from her older brother, Finrod. 

How do we know light from darkness?"

"To which he responds 'Sometimes we cannot know until we have touched the darkness.' 

In our NFT and crypto journey, how do we tell which project is likely to moon? How do we determine if we’re buying a shitcoin? It is difficult, so we make the wrong move and get burnt."

"It’s necessary to pay our tuition in the market and by learning through experience, we come out much better."

"Evil does not sleep, it waits. 

The series takes place after Middle-Earth has defeated the great evil Morgoth. But he isn’t really dead. 

He silently grows his power and waits for the Elves to become complacent. In the shadows, he is waiting for the right moment to strike."

"The good guys are chasing action every day. 

NFT traders ask, 'GM! What’s the play today?' 

Learn a thing or two from these bad guys. They are extremely patient and wait for the right conditions before executing their plan. Sounds like the best investors and traders."

"Riding from the last point: Galadriel, now an Elven commander, is highly convinced that evil still exists. 

She receives hints and her conviction has led her to chase Sauron to the northern wastelands and ultimately reject the greatest reward for Elves—to cross the sea."


"Success is painted beautifully, but the journey and process leading up to it is filled with sacrifice. 

I often read of people missing out on mints because of the early morning schedule. I, too, have forgotten a few. 

It begs the question, how bad do you really want it?"

"'Without my sword, what am I?'

It’s a question Galadriel throws to Elrond as she contemplates crossing the sea. To which he replies that she is his friend."

"Many of us have spent the majority of the crypto and NFT bull run glued to our computers, grinding away at the charts or on Twitter and Discord. Without this, what are we?

Make sure you don’t lose yourself on this journey."

"We watch series and movies mostly to relax and pass the time. Every now and then you watch a movie and get nuggets of wisdom.

What other series and movies have you learnt from?"

Player, Worker, Builder. Which one are you? 

Excerpts from one of @Diamond_Cruiser's #✉️-daily-letters to our members.

There are 3 people breaking rocks.

A child came up to them and asked them what they were doing.

The first one says, "I'm just breaking rocks,"

The second one says, "I'm just making a living,"

The last one says, "I'm building a cathedral."

When the hard rain came, the 1st one left.

When they cut wages, the 2nd one left.

Years later, the Cathedral was finished. It was one of the biggest and most beautiful buildings. People came in the thousands and the 3rd builder was revered and hired for their experience.

So, I ask you again: which one are you? #web3forlife

The Player, The Worker, and The Builder

What can religion teach us about NFTs?

Excerpts from one of @Diamond_Cruiser's #✉️-daily-letters to our members. 🪡🧵👇🏼

2/ "The Parable of the Surplus Grain tells the story of a rich man who decided to keep all the harvest for himself. One night his life suddenly ends and God asks the question:

'Who will get what you have prepared for yourself?'"

3/ "God giveth and God taketh. I mentioned before the importance of luck in success.

You can be the greatest Tennis player in the world—but you won't win every match.

When luck/God/circumstance gives us blessings—what should we do with it?"

4/ "The central core of Buddhism is that Desire is the root of all suffering. To eliminate suffering, you must eliminate desire - especially for material things.

For the rich people, there's a never-ending cycle of purchases. It will never be enough—you always need more."

5/ "Sound familiar?

Who here is mad that we didn't 10x our last NFT purchase? Who here hasn't attacked a project for rugging our bags?

The NFT world is rife with greed from projects, buyers and sellers alike. 2x is not enough. It's gotta be 100x."

6/ "And does this makes us happy? Or is this undermining our mental health? To always be unhappy even if we sold for profit?

Jesus, Buddhism and Common Sense teaches us that we are more than our possessions."

7/ "My personal perspective on things is that God will always provide me with the exact amount of money I need at any time.

If I am given $1 million, I can't just use it for myself—there must be a greater purpose that requires that amount of money."

8/ "When I made my first bundle in NFTs, I started @DiamondNFT to be non-profit. To grow the members, I gave away some valuable NFTs.

And I still continue to fund the entire venture from my pocket. The money I get will always be just right. Not more, not less."

9/ "Just enough for what I need to provide for my family. Maybe it is to give my child a foreign education, or to fund a scholar or to establish an NFT community.

If I lose money, it means I overstepped my boundaries and need to scale down my lifestyle."

10/10 "Balance, faith and purpose. This helps me to not be affected by my possessions.

It gives me perspective and more importantly—peace."

You can read the unrolled version of this thread here: https://typefully.com/DiamondNFT/Pf0pJ1v

The bulls, the bears, the swans? 🦢

Let's discuss the Black Swan theory in NFTs.

Excerpts from @Diamond_Cruiser's #✉️-daily-letters to our members. 🪡🧵👇🏼

2/ "You may probably hear about people minting 100 of a project on a conviction play and making bank.

In reality, the people who do this constantly are not 'conviction' plays but merely using a Black Swan strategy."

3/ "The Black Swan strategy is famously coined by Nassim Taleb. Most people think all swans are white until they unexpectedly see a black swan.

Black Swans are unexpected events that make a high impact. Most economic models are not prepared for a Black Swan."

4/ "To be a Black Swan trader, you make tens, even hundreds of small bets in the hope that a single Black Swan event will make you rich.

You take 90% small losses in the hope that the 10% win covers everything and more."

5/ Max Minting all projects is an example of Black Swan theory in play. People hope to get a rare or at least profit from all their holdings.

Venture Capitalists also invest small amounts in several start-ups—hoping for that one unicorn.

6/ "The main risk with this is that NFT traders just "wing it" when it comes to max minting.

Most VCs use a patented cost-benefit analysis before investing—ensuring through mathematical precision—that they are making an accepted risk on their capital."

7/ "Of course, people try to "instigate" a black swan event. VCs utilize their network and connections. In the NFT world, people shill their bags to pump the price. All fair in the name of business."

8/8 "Do you have what it takes to be a Black Swan trader?"

You can read the unrolled version of this thread here: https://typefully.com/DiamondNFT/u9vjlgE