crypto – David Barreto

5 Ways to Influence the Value of your ERC20 Token

7 May, 2022 David BarretoLeave a comment

Creating a new crypto currency is extremely easy. In less than 5 minutes you can create and deploy your very own ERC20 token on Ethereum or any other EVM compatible blockchain. Does it mean that your new token will be competing in market cap with the likes of AXS or GALA? Of course not, your new token is most likely worthless.

How do you make your token valuable? In the words of Peter Thiel, how do you go from 0 to 1? In this article we are going to explore 5 different mechanisms that could help provide value for your token.

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Axie Infinity, the Money Printing Machine

9 August, 202116 August, 2021 David Barreto1 Comment

In this new generation of apps where blockchain meets video games new vehicles for investment arise that use NFTs in a novel way. Axie Infinity has been at the forefront of the movement with a staggering growth of its user base and volume transacted in its marketplace.

In a previous article I did an analysis of Axie Infinity’s blockchain tech stack to understand how robust their technology is before even considering a credible investment opportunity. You can find a link to that article here. Today I’ll focus instead on analyzing its investment potential.

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Axie Infinity and the Power of Blockchain Games

6 August, 202123 August, 2021 David BarretoLeave a comment

Updated on August 23rd 2021

These days everyone has already heard about cryptocurrencies and a growing number of people have even purchased assets like bitcoin and ether. But cryptocurrencies are just the tip of the iceberg of what blockchain technologies can do. Last year the biggest news in the space was DeFi and although it’s an interesting space it didn’t drive a significant level of adoption to the blockchain. This year however seems to be the year of the NFTs and in particular, the year of the blockchain games.

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Crypto lending as an alternative to a savings account

9 May, 202118 May, 2021 David Barreto2 Comments

One common advice for personal finance is to alway keep 3 to 6 months of salary in a savings account for an emergency. This money has to be liquid and not tied to any investment like stocks, crypto or even a GIC. Just a good old fashioned savings account with enough money in it. The problem is that in the age of money printing interest rates for savings accounts in Canada and the US (and I suspect many advanced economies) are near zero while inflation is picking up. Keeping money in a savings account is a losers game.

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