Teeka’s Top 4 2020 Tech Royalties?
by john sullivan | April 1, 2020 4:07 pm
New to this, so everytime a big name puts out a teaser I force myself to sit through their entire spiel to try to gain some clues? Teeka said his tech royalties are cryptos, and that the freebie he offered is ETH. Anyone have any clue on the other 3?
Source URL: https://www.stockgumshoe.com/2020/04/microblog-teekas-top-4-2020-tech-royalties/
I watched Teeka’s talk on tech royalties, he recommended ETH, its trading at 196.00 share, so investing 100=500 doesn’t look feasible, am I missing something here? I’m not sure of the difference in tech royalty investing and the actual stock
Vicky, you don’t have to buy crypto in whole numbers . So 500/196 would buy you 2.55 ETH (not including transaction costs)
As clues go, he said one was for exchanging money on social media (hive? steem?), one was like windows (ethereum?) one was for digital currency exchange around the world (XRP?) and one was perfect for gaming (I took that to be gambling but probably was game consoles, thus, (enjin?, decentraland?). Those both are based on ethereum so didn’t seem to qualify as a special blockchain consideration. I was unclear on how these paid “exponential dividends”.
The gaming one may be funfair. Just a thought.
Yes it is Funfair, i signed up with TEEKA, once you part with your squids they don’t return emails and if they do they reply with out answering your issues that you have with them
is he referring to staking ETH…if so, where do you stake it? I heard that you have to have perfect internet or if it goes down you get penalized by them taking your crypto…also, is there another way to get the royalties without staking 32 ETH?
What are the other one’s he recommends
Is this really all there is to say about these ‘tech royalties’? Are they just the cryptos Teeka recommends. I have those. DD
tech royalties did not sound all that different to me. I follow Teeka
Price cut in half! Makes me wonder re. confidence of public
Marion
I listened to Teeka yesterday (March 1, 2021). I was under the impression this was something new. I am shocked that it is almost a year old. I guess I will be very suspicious of anything else he says. He says he biggest concern is so people don’t miss out. I highly doubt it if he picked this almost a year ago.
“Tech Royalties” is Teeka’s code-speak for cryptos that generate yield, either through staking or (presumably) some other form of yield farming.
The concept is that if you buy, say, $1,000 worth of a crypto and stake it so that it generates, say, 5% yield per year (i.e. $50), and then if that crypto later “moons” and does a 1000x, then you will be generating passive income of $50,000 per year.
Ethereum is Teeka’s top “Crypto Royalty” pick for 2021 (as it was in 2020), because staking is coming soon with ETH 2.0 (actually $ETH staking is technically already here, but there are still quite a few devils in the details).
I watched the presentation, but wasn’t able to figure out what the other “tech royalties” are — but there are many cryptos that support staking already (e.g. Cardano/$ADA, Tezos/$XTZ , Bancor/$BNT, Synthetix/$SNX etc.), and more to come soon — including my personal top pick, Chainlink/$LINK.
However, it’s increasingly possible to generate yield from cryptos simply by depositing them with exchanges such as Celsius Network and Gemini – not quite as lucrative as genuine staking or yield farming, but MUCH less complicated!
Funny, I just started a discussion asking the same thing. Sounds like a no brainer and would be amazing to find a few of those cryptos but it kind of sucks always having to pay someone for this information.
I found that choosing my research advisors carefully saved me time and money.
Teeka also mentions depositing the crypto on Blockfi. I just did that. They have a list of the cryptos they pay interest on, and how much interest they pay. It was much easier than opening an account at the crypto exchanges, unless they have gotten easier the past couple years.
https://blockfi.com/rates/