Caleb Naysmith
Stories (11/0)
Let’s Face It, NFT’s Are Ruining Gaming
Honestly, I used to love the idea of NFT gaming. Instead of simply buying some skin that has no value or utility, now I can own all of my skins and property. The whole idea was super fascinating to me, and I assumed it would take the gaming world by storm. Obviously, this is all still in its infancy, so there’s plenty of time for all of this to come to fruition and work itself out, but I am not convinced that will be the case.
By Caleb Naysmith2 years ago in Futurism
Anyone Can Be a Venture Capitalist, Here’s How.
Personally, this ‘democratize finance’ trend is one that I have always been a massive supporter of. While I do think Robinhood has lost touch with its roots in recent times, its goal was noble. Reducing the barriers to entry for the everyday investor to trade stocks, learn finance, and build wealth. This movement was one that was most prominently seen in 2020 and 2021 when people were staying at home and finding ways to make money online. The likes of WallstreetBets were seen around the world, and private equity and hedge funds now have to consider retail investors in their risk assessments and investing strategies. It’s a phenomenal thing to be a part of, and I am thrilled to live in a time when this is happening.
By Caleb Naysmith2 years ago in Trader
Yes, All Crypto Is Just a Pyramid Scheme
Cryptocurrency has, obviously, taken the world by storm in recent years. Promises of riches and glamour and the idea of investing a couple of dollars that can turn into millions in a matter of a couple of years has obviously enticed people from all walks of life. The unfortunate reality of this beloved investment medium is it’s all just a leveraged pyramid scheme.
By Caleb Naysmith2 years ago in Futurism
Republic Raised $50 Million in Reservations for New “MetaVerse Real Estate Investment Fund”
There’s no doubt the MetaVerse has been making waves in recent weeks following the announcement from Facebook, now “Meta”, about their plans to basically go all-in on the concept. Since then, nearly every token involved in the MetaVerse and similar NFT created worlds have been taking off. Some tokens have gained nearly 1000% in a few weeks, and still climbing consistently. With over 50 million raised by Republic for what equates to a metaverse ETF, it doesn't look like there's any signs of this trend slowing down.
By Caleb Naysmith2 years ago in Trader
KnightScope, an AI and Robotics Startup completely funded by retail investors, is going public!
Like many things in life, Venture Capitalism and investing in startups was pretty much exclusive to the wealthy and well-connected. It’s safe to say that’s not the case anymore. Equity Crowdfunding is a product of the JOBS Act of 2015 that allows ANYONE (even you!) to invest in startups and early-stage companies. Companies like StartEngine, Wefunder, and others allow retail investors to browse hundreds of companies at varying stages and invest directly in Shares, Debt, or SAFE’s (don’t buy SAFE’s) and profit from these companies if they go public, get bought out, issue dividends, and so on. Like most things, some were skeptics at first, and others embraced it from Day 1, seeing the potential.
By Caleb Naysmith2 years ago in Trader
Should you add Equity Crowdfunding to your portfolio?
Many people are still on the fence about Equity crowdfunding. Not only is it extremely risky, but the investments tend to take literal years, if not decades to actually pay off. Even if you have a successful exit, you might not make any money on it, or potentially lose money even! Even if it survives a long time, that doesn't mean you will see a return. In fact, I only know of a hand full of instances that have actually given investors meaningful returns that have made them happy.
By Caleb Naysmith2 years ago in Trader
Piestro Investors Might be Sitting on a Windfall After Joint Venture with 800 Degree's Kitchen Announced
For those that don’t know what I am talking about, Piestro recently closed an equity crowdfunding campaign on StartEngine that valued the company at $12m. The company makes artisanal pizzas in automated kiosks, similar to large vending machines. For the especially curious, this is what they're said to look like:
By Caleb Naysmith2 years ago in Trader
How To Invest in Startups as an Everyday Investor
The JOBS act of 2012 was a Bi-partisan bill passed that eased restrictions on various securities allowing everyday investors such as you and me to buy ACTUAL shares in startups. While several companies advertise these opportunities on their websites, it’s nearly impossible and somewhat futile to go searching website to website for the opportunities.
By Caleb Naysmith2 years ago in Trader
How much I made on 25,000 Reads on Medium vs Vocal
Vocal is an up-and-coming platform that offers similar services to Medium and has been garnering a lot of buzz recently. They offer a flat rate payment based on reads, bonuses for story publishing goals, and you can still get paid without paying $5 a month. Unfortunately, you can't self-publish, and nothing under 600 words gets approved. So, there's definitely some work to be done, but the big question is, which pays better?
By Caleb Naysmith2 years ago in Journal
Equity Crowdfunding Is Still Early, and It Should Be on Your Radar.
Equity Crowdfunding is a relatively new industry. It's similar to what it sounds like in that companies 'crowdfund' business ideas, but instead of buying their products, you invest in their companies. In short, it's the democratization of venture capital. Anyone from any walk of life can do some DD and sink a chunk of change into the startup of their choosing in hopes of making it big time.
By Caleb Naysmith2 years ago in Trader