After a bit of thinking and following all this NFT craze, I came down to two logical solutions. I do not have the funds needed to trade high value NFTs, so in order to use the trend, I need to either start my own NFT collection (work in progress) or to build a portfolio using the native tokens for the most used NFT blockchains, as these are the tokens that people need to use to pay the fees for creating and transfering NFTs.
So, after I did a bit of research, my portfolio looked like this, in order to get a proportional exposure to the main tokens:
- Chromia (CHR) - 1324 - 26%
- Wax (WAXP) - 2500 - 20.33%
- Theta (THETA) - 49.99 - 17.41%
- Chiliz (CHZ) - 1000 - 14.74%
- Decentraland (MANA) - 200
- Enjin (ENJ) - 100
- Dego (DEGO) - 10.31
- Splinterlands - Liquidity provider on ETH/DEC
As for the first month, excepting Splinterlands DEC, the total value is $1764. I will check it regularly at the end of each month, to see how the value moved, and detect possible trends.
I am also being rewarded approx. 3000 SLP per month playing Axie Infinity daily, but I am exchanging it in ETH each month, as I am betting long term on Ethereum. Splinterlands DEC is hard to quantify, as I have it on ETH, Hive, Wax and BSC, liquid or in game cards and game packs. So, I will just use use these initial tokens, without SLP or DEC.
All the best,
George
Why not...
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