On making it in crypto It’s easy to see a post like this and get FOMO, thinking you’ve missed out. Or a post where someone made $1M by buying the right memecoin. Or seeing someone make six figures on an airdrop. Truth is, there will always be more missed opportunities than wins. I claimed 10 Cryptopunks, but I missed many more opportunities. I faded Autoglyphs because I didn’t understand them at the time. I didn’t mint Bored Apes because it was just another PFP project. I didn’t buy memecoins because I was too focused on NFTs. And I’m OK with that. Crypto goes on 24/7, 365 days a year. Although sometimes tiresome, it also means there are always new opportunities. You don’t need a big stack to make it. Punks were free, Autoglyphs were $35, Squiggles were $20, Bitcoin traded for 3.5 years under $100. Yes, it helps if you’re early, but being early means nothing if you don’t have conviction. It feels like everybody is focused on making a quick buck. Of course you can still become a millionaire overnight, but the chances of that happening are very slim. If you focus on quick flips, you miss out on the big gains. If you DCA’d monthly into Bitcoin over the last few cycles, you would have outperformed 99% of CT. A lot of punks minted Squiggles for $20. Not because they expected a financial return, but because they wanted to support Snowfro, a fellow punk and friend. There’s a lesson in that. Maybe it’s more EV to focus on being a positive force, to build connections, help each other, and push this space forward in a meaningful way. That’s why I’ve been showing support lately for Art Blocks, fxhash, Verse, and Infinex, to name a few. Have fun while you’re here. It won’t be long before the institutions arrive. Zoom out, have conviction, and support each other. Chances are you’ll also make a financial return.
Rodo
Rodo17.6.2025
It's a special day. Today, 8 years ago, I claimed 10 CryptoPunks. When I first came across punks it immediately clicked. I had the same aha moment as I had with bitcoin. NFTs didn't exist back then. The ERC-20 standard was not adopted until three months later. ICO's were the hottest thing in town. Matt & John from Larva Labs had to write a custom marketplace in order to trade them. Their smart contract is being used to this date and has handled more than $3B in sales. Claiming was cumbersome, but fun. In order to do claim them you had to find the punk ID of a punk you liked by zoom in on a grid with all punks. Punks with a green background were claimed, punks with a blue background were unclaimed. After finding the punk id you needed to go to the contract and execute the "getPunk(punkNumber)" method on the contract. Claiming was free, except for gas fees. I stopped after 10 punks, as I felt I should leave some for others. I later learned that was incredibly naive, as there were multiple wallets that claimed hundreds of punks, some even thousands. Much has changed since those early days, but looking at punks never gets old. Matt & John were (unintentional) visionaries, I'm stoked that they've returned as advisors to Node. Here’s to the next 8 years and whatever it brings 🥂
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