TEEKA’S TOP TECH ROYALTIES OF 2021

TEEKA’S TOP TECH ROYALTIES OF 2021

By Teeka Tiwari and Greg Wilson

www.palmbeachgroup.com

TEEKA’S TOP TECH ROYALTIES OF 2021By Teeka Tiwari and Greg Wilson

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Teeka’s Note

Welcome and thank you for joining Palm Beach Crypto Income. As you’ll read below, this is a completely unique way to make money from cryptos, through what we call “Tech Royalties.”

Billionaires and entrepreneurs like Marc Andreessen, Apple co-founder Steve Wozniak, the CEO of Nasdaq, and Shark Tank’s Mark Cuban are already involved in “Tech Royalties” and driving their growth.

But that doesn’t mean you need to be wealthy or connected to take part. Crypto is the great equalizer, so you can get involved in them just like these high-net-worth individuals… starting today and with just a few hundred dollars.

Whether the crypto markets go up or down, this way of investing guarantees you get paid a yield. And because it’s such a young and misunderstood sector, the masses have been avoiding it.

“Tech Royalties” are unlike any other crypto you may have heard of before. That’s because they have the explosive upside of small cryptos… plus they pay massive ongoing “royalty-like” payments.

They can do this because they share a cut of the crypto project’s revenue with you.

Imagine owning a small stake in a portfolio of 10 music acts, and one becomes The Beatles while another becomes Elton John.

This is the opportunity in front of you right now with “Tech Royalties.”

Some of these names will end up being worth hundreds of billions of dollars. It’ll be like owning a piece of The Beatles when they played seedy nightclubs in Europe before hitting it big in the U.S.

You’ll own a piece of them and the income they kick out forever.

This is the kind of opportunity that doesn’t just create life-changing wealth… but generational wealth. Something your children can benefit from, and their grandchildren will thank you for long after you’re gone.

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Become Crypto Royalty With “Tech Royalties” By Greg Wilson

“Tech Royalties” are one of the greatest opportunities to profit from cryptos. Yet few investors know of them.

They’re similar to owning a music royalty. Essentially, you can get paid for backing the disruptive technology that a crypto is developing. But you can also think of them as a “crypto dividend,” similar to a stock dividend.

At Palm Beach Crypto Income, we don’t just look for tokens that appreciate in price. We also find tokens that pay incredible dividends. This is an entirely new way to invest in cryptos.

Plus, as I laid out in my “Tech Royalty Summit” presentation, an incoming wave of 45 million investors is getting ready to transform this space. Backed by Andreessen – the same man who brought the internet to the masses with Netscape – “Tech Royalties” will get their own Netscape moment when crypto brokerage platform Coinbase has its direct listing IPO, set for this year.

And it’ll be off to the races from that moment. As retail and institutional investors flood in, we’ll already be miles ahead.

You might be wondering what the catch is. But we’ve got you covered. Through this service, my chief analyst Greg Wilson and I transparently relay to you how much risk, return, and effort you can expect from each “Tech Royalty” idea.

Remember: The way we manage our risk is through small position sizes, so make sure you follow our guidelines to sleep soundly at night. Because these are asymmetric bets, you don’t need to risk your current lifestyle to make potentially life-changing gains.

In this special report, we highlight the best opportunities we know of to make income from these “Tech Royalties” in 2021, including a bonus recommendation I gave away during my presentation: Ethereum.

The “Tech Royalties” laid out in this special report can deliver yields up to 15% – on top of the exponential growth we expect the underlying cryptos to see. And all before anyone in the mainstream has even woken up to this niche market.

Because once they do, they’ll bring an influx of interest and money. So the time to position yourself for maximum profits is now.

These are the kinds of plays that could help set you up for a comfortable retirement, set up a college fund, a dream vacation, or anything else. So let’s get started…

Let the Game Come to You!

Big T


In fact, our portfolio is doing great… with winners such as Terra (LUNA), Synthetix (SNX), and Nexo (NEXO) up 3,907%, 2,017%, and 1,840%, respectively. And our portfolio yield averages 9.7%.

That’s 715% greater than the yield on the 10-year Treasury note and 551% greater than the yield on the S&P 500.

So you can look forward to similar gains as we hunt down new ideas in 2021.

In this special report, we identify how to take advantage of “Tech Royalties” on Ethereum (ETH)... along with six new opportunities that generate between 5% and 15% in “Tech Royalty” payments...

Remember, we run our portfolio like a venture capital fund. In other words, we spread our investments over several opportunities.

That’s because cryptocurrencies are asymmetric bets. The upside potential is multiples larger than the downside. For every $1 you invest, you could make $10 or more in return. But your downside is contained at $1.

By spreading our risk across multiple opportunities, we increase our odds of finding life-changing gains from crypto income.

To make this strategy work, we plan to hold each of our positions for the long term. So we won’t use stop losses in this service. Instead, we’ll use position sizes.

Cryptocurrencies are very volatile. We recommend your total exposure to crypto assets be no more than 5–10% of your liquid net wealth.

Of that, we advise individual position sizes of $200–400 for smaller traders and $500–1,000 for larger traders.

For each of the recommendations in this report, we’ll provide:

• A brief overview of the project

• The income opportunity

• How each opportunity rates in our FIRE System

• Basic instructions on how to set yourself up to profit from each opportunity

• Pro tips to maximize your income

Complete step-by-step instructions for each opportunity can be found in our Resources page.

And if you’re brand-new to crypto, I recommend going over the instructional videos in our Crypto Corner section here to get more familiar with the space.

Please note: All prices are at the time of writing. Be sure to check current prices before

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making any new trades.

But before we get to our newest recommendations…

Ethereum: Leading the Charge for Tech Royalties

In 2020, we said:

Ethereum will double the size of money available in the Tech Royalty market – overnight. Since we recommended it, it’s up over 1,500%. But it’s still a fantastic choice for getting rich from Tech Royalties as this market expands.

And that’s exactly what happened. We’ll explain how you can set up your own “Tech Royalty” stream on Ethereum in just a moment. But first, you need to know what makes Ethereum so special.

As you heard in our special presentation, Ethereum (ETH) is the second-biggest block-chain project by market cap. We first recommended the project in our flagship cryptocur-rency service, Palm Beach Confidential, in 2016, shortly after its initial coin offering (ICO).

At the time, it was revolutionary. You see, Ethereum is like bitcoin in that it’s a decentralized public blockchain network. But Ethereum adds smart contract compatibility.

Smart contracts are codes that automatically execute the terms of an agreement, eliminating the need for a third party.

When running on the blockchain, smart contracts become like self-operating computer programs.

They automatically execute when specific conditions are met. That’s why Ethereum is sometimes called the World’s Supercomputer.

The benefits are clear: Because smart contracts run on the blockchain, they run exactly as programmed. And that means there’s no censorship, downtime, fraud, or third-party interference.

These features have made Ethereum extremely popular. The market capitalization of Ethereum grew from less than $1 billion in early 2016 to over $200 billion today. That’s growth of 20,000%.

But it’s by no means the peak. An exciting event just happened…

Ethereum launched Phase 0 of Eth 2.0, the next upgrade to the Ethereum blockchain.

Without getting into the weeds, it introduced more “Tech Royalty” opportunities to Ethereum.

These are the types of opportunities we look for in Crypto Income.

Our readers are already taking advantage.


We recommended Ethereum in March 2020, knowing Phase 0 would be a catalyst.

And we didn’t wait patiently on the sidelines for the income opportunity to develop. We found alternative ways to earn yield on our ETH.

As a result, our subscribers are already up over 1,500% on their ETH positions.

There are multiple methods to earn “Tech Royalties” on your ETH. Our recommendations for ETH holders are Ankr, Kraken, and Celsius.

Ankr is a decentralized protocol and platform that allows users to stake their ETH tokens. Recall from the Manifesto that staking your crypto is one way to earn “Tech Royalties.”

Kraken is one of the largest cryptocurrency exchanges in the world. It offers staking for certain cryptos, including ETH.

Celsius is a platform that offers banking and financial services to cryptocurrency holders. By storing your crypto assets, such as ETH, on Celsius, you can earn interest on them, like a savings account at a bank.

We have detailed instructions for how to set up your “Tech Royalty” streams on all three platforms located here.

But Ethereum is just the beginning. For the potential of even greater profits, we have to target smaller, niche Tech Royalty projects.

So here’s the full breakdown of the best ones on our radar for 2021…

Tech Royalty Company No. 1 – Algorand (ALGO)

Algorand (ALGO)Current Price Market Capitalization

$0.99 1,339,234,207

Current Supply Total Supply

1,350,973,317 10,000,000,000

Overview

Algorand (ALGO) is a blockchain company founded by cryptography pioneer, Turing Award winner, and MIT professor Silvio Micali.

Micali and his team built the world’s first open, permission-less, pure proof-of-stake (PoS) blockchain protocol. It provides the security, scalability, and decentralization needed for today’s economy.

The project recently released Algorand 2.0, a protocol upgrade that expands the range of de-centralized applications (dApps) and processes that can be built on its platform. It features:

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• Algorand Standard Assets (ASA) that enable the tokenization of any asset on the Algorand blockchain.

• Atomic transfers to enable the on-chain and secure transfer of multiple assets to multiple parties.

• Algorand smart contracts to execute business logic on the blockchain.

Using Algorand, companies can build enterprise-scale applications without sacrificing performance or security.

Propelling Algorand forward is the Algorand Foundation. It promotes participation in and decentralization of the network.

There’s also Algo Capital. While a separate entity from Algorand, it’s a fund that invests exclusively in projects within the Algorand economy. It raised $200 million and has investors such as Arrington XRP Capital (headed by the cofounder of technology publisher TechCrunch) and NGC Ventures (NEO’s development fund).

Algorand rapidly developed in 2020:

• It added the two most popular stablecoins, USDT and USDC, to its blockchain.

• It launched its Ambassador program and Global Partner Program.

• It made a number of notable partnerships, including developing asset tokenization for the International Swaps and Derivatives Association (ISDA), creating profit-sharing tokens on Republic (the largest private investment platform), and building a blockchain marketplace for CO2 carbon offsetting with Climatrade.

But the biggest news came from the Marshall Islands when they announced they would use Algorand for its central bank digital currency (CBDC).

We expect the Marshall Islands will release their CBDC in 2021. And that will provide a big boost to Algorand as other central banks turn to them for their CBDC needs.

The Opportunity

As mentioned, Algorand uses PoS for its consensus mechanism. Its model provides full transparency, protection, and speed within a decentralized network.

Transaction throughput is on par with large payment and financial networks. To wit, Algorand can already process 1,000 transactions per second. That’s over five times faster than PayPal’s network. And Algorand provides immediate transaction finality, meaning there are no forks.

In Algorand, blocks are constructed into two phases through lotteries known as “cryptographic sortition.” This enables quick confirmation times.


The final block approval is chosen randomly. This makes the protocol extremely secure, as an adversary would not know whom to target.

Here’s what’s important for you to know: Even users who aren’t chosen to approve the block are rewarded for participating in the Algorand network. Each user receives a reward proportional to their stake for every block they commit to the chain.

And that’s our income opportunity.

Recall that staking simply means employing your crypto within a network, and receiving rewards (or royalties) for your participation. It’s one of our methods for earning “Tech Royalties.”

Algorand has a participation rewards pool of 1.75 billion tokens, which it will disburse over the first five years of the network. It’ll also accumulate transaction fees in a pool and pay them proportionally to ALGO holders.

You don’t need to run a node to claim your “Tech You don’t need to run a node to earn rewards. As we’ll show you, you only need to hold ALGO in a non-custodial wallet.

Crypto Income FIRE System: Algorand (ALGO)

Criteria Comments Rank

F Future Potential

Algorand was founded by cryptography pioneer, Turing Award winner, and MIT professor Silvio Micali. Its blockchain offers true

decentralization, scale, and security.High

I Income Staking ALGO currently yields 5%–10%. Medium

R RiskAlgorand has an excellent team, strong backing, and a growing number of partnerships. The project has been live since 2017 and continues to

make rapid developments.Medium

E Effort All that's needed to participate is ALGO tokens and an Algorand wallet. Low

How to Earn “Tech Royalties” With Algorand (ALGO)

Here, we’ll go over the basic process. For all the details, please see the step-by-step instructions here.

Step 1: Purchase the ALGO token.

Step 2: Create an Algorand Wallet.

Step 3: Deposit ALGO tokens to your wallet.

Pro Tips

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Pro Tip 1:

All token holders who are correctly marked online or offline in Algorand earn rewards.

Pro Tip 2:

Every address that has 1 ALGO or more earns rewards as soon as any block is added to the chain, whether you are online or offline.

Pro Tip 3:

Earning rewards on your ALGO tokens is simple. No delegation or additional activities are required. Simply hold your tokens in the wallet.

Action to Take: Buy Algorand (ALGO). Buy-up-to Price: See the portfolio page here. Expected Yield: 5–10% Buy It On: Binance, Binance.US, Bittrex, Coinbase Pro, Kraken, or KuCoin Position Size: $200–400 for smaller traders, and $500–1,000 for larger traders

Tech Royalty Company No. 2 – Nexo (NEXO)

Nexo (NEXO)Current Price Market Capitalization

$1.60 $893,793,790


560,000,011 1,000,000,000

Overview

Crypto owners face a problem when they want to quickly unlock the value of their digital assets. To do so, they need to sell those assets, creating a taxable event.

Nexo (NEXO) combats that problem by providing users instant crypto-backed loans. That means they now have an easy, cost-effective way to access the value of their digital assets.

Plus, users can complete the whole process with Nexo in just a few clicks. There are no hidden fees, capital gain taxes, or credit checks.

And the process is transparent via the blockchain. Smart contracts handle all the transactions for a loan.

Nexo is powered by Credissimo, a leading FinTech Group serving millions of people across Europe for over a decade. It operates under the highest regulatory requirements and strictest supervision of multiple European banking and financial services regulators. Further, it is regularly audited by Deloitte, one of the top four auditing firms in the world.

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Credissimo brought innovations like convenient online consumer loan products, automated near-instant credit approvals, mobile online loan applications, and e-commerce financing.

Some of Credissimo’s founders applied Credissimo’s background in instant online lending to Nexo by adapting its successful operating model to the blockchain space.

While powered by Credissimo’s experience in online lending, Nexo is a separate legal entity. So Nexo can get the appropriate management and funding to expand.

And expand it has in 2020 and into 2021.

Nexo started releasing a series of upgrades and features for its community through a program it calls Nexonomics. The goal is to advance the utilities of the NEXO token so it can reach its full potential.

The first upgrade improved earn rates across cryptocurrencies, stablecoins, and fiat currencies. You can now earn a minimum of 6%, 10%, and 12% on each class, respectively. Plus, if you choose to receive your “Tech Royalties” in NEXO, you can earn an extra two points of interest on all your assets.

Second, Nexo added Binance Coin (BNB) to its list of available assets. Binance is one of the top cryptocurrency exchanges, and BNB is a top 10 coin by market capitalization. Users can now earn 8% from their BNB.

Finally, Nexo unveiled its loyalty program. It’s a three-tiered system based on the percentage of NEXO that comprises your portfolio balance. The higher your percentage, the better rewards you can earn.

On top of all that, Nexo recently announced a $12 million NEXO token buyback program. Just as a company can repurchase its shares, Nexo can repurchase its tokens as well.

This will help boost liquidity and reduce volatility for the whole ecosystem. And we believe it will boost the token price as well.

The numbers back it up. Nexo finished 2019 processing $1 billion in crypto-backed loans for its 300,000 users.

Near the end of 2020, Nexo had processed $4 billion in crypto-backed loans. And it now has over 1 million customers.

And it’s off to a hot start in 2021, processing nearly $800 million in loans in the first month alone.

Overall, Nexo is well-positioned to grow with the cryptocurrency market.

The Opportunity

In the Nexo ecosystem, users don’t need NEXO to obtain a loan. That makes the process super easy.


They can, however, use NEXO to get a 50% discount on their loan rate. That makes using NEXO a powerful incentive. Further, they can use the NEXO token itself as collateral for a loan.

The biggest benefit, however, is that NEXO token holders receive dividends from Nexo’s profits. Under Nexo’s business model, 70% of profits are reinvested back into the platform. And the remaining 30% goes to NEXO holders.

And that’s our income opportunity.

Nexo’s dividend in August 2020 totaled $6,127,981. And it was a 154% increase from the year before.

Right now, Nexo pays its dividends every 12 months. And it can pay dividends in BTC, ETH, NEXO, and/or USD stablecoins.

Nexo also has an innovative distribution model to reward long-term investors. The dividends are split into two equal parts: the base dividend and the loyalty dividend.

The base dividend is paid out to all eligible token holders proportionally to their NEXO holdings.

The loyalty dividend is based on how long they’ve held their NEXO tokens.

To collect NEXO dividends, you simply have to hold the token in the Nexo Wallet. To learn how, see the instructions below.

Crypto Income FIRE System: Nexo (NEXO)


F Future Potential

Since launching, Nexo has processed over $5 billion in loans and now has over 1 million users. It's well positioned to grow with the digital asset

ecosystem, which is expected to be $5 trillion by 2025.High

I Income Income from NEXO depends on profits derived from the platform. Based on history, NEXO yields over 10%. High

R RiskNexo's success depends on the success of the digital asset ecosystem,

a young but maturing category. Further, Nexo faces operational and regulatory risk as a lending company. Position size accordingly.

Medium

E Effort Nexo provides an easy-to-use wallet. And there's little activity required after you deposit your tokens. Low

How to Earn “Tech Royalties” With Nexo (NEXO)


Step 1: Purchase the NEXO token.

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Step 2: Create your Nexo Wallet and set up two-factor authentication (2FA).

Step 3: Complete the verification process.

Step 4: Deposit your NEXO tokens.

Pro Tips

Pro Tip 1:

To create a Nexo account, you’ll need to use 2FA.

Pro Tip 2:

A Nexo account will require you to verify your identity.

Pro Tip 3:

The NEXO Token complies with the U.S. SEC rules and regulations pursuant to the U.S. Securities Act Regulation D Rule 506(c).

Action to Take: Buy Nexo (NEXO). Buy-up-to Price: See the portfolio page here. Expected Yield: 10–15% Buy It On: Uniswap, 0x Protocol (via Matcha), or 1inch Exchange Position Size: $200–400 for smaller traders, and $500–1,000 for larger traders

Tech Royalty Company No. 3 – Polkadot (DOT)

Polkadot (DOT)Current Price Market Capitalization

$23.04 $20,931,561,804


904,869,778 1,042,576,837

Overview

Ethereum is having a banner year.

It’s found real use cases in decentralized finance. (Decentralized finance, or DeFi, is the shift from the legacy financial system to a decentralized model powered by cryptocurrencies.)

We’ve seen over $37 billion flow into the Ethereum ecosystem. It successfully launched Phase 0 of its next upgrade. And the ETH price is trading at yearly highs.

But this growth highlighted problems as well. Namely, high transaction fees and network congestion.

Simple transactions that once cost a few cents, now cost a few dollars. And complex



transactions, which consume more ETH, can cost tens or even hundreds of dollars.

Now, Ethereum is working to solve these issues. But it makes one thing very obvious.

If we want to achieve the full potential of cryptocurrency, it doesn’t make sense to have all projects on a single dominant platform.

Instead, we need many platforms and chains. And they need to interact with one another. In other words, we need interoperability.

The project leading the way on this front is Polkadot (DOT).

It’s the brainchild of Gavin Wood, an A-list celebrity in the crypto world. He co-founded Ethereum along with Vitalik Buterin. He was Ethereum’s first chief technical officer. And he invented Solidity, Ethereum’s smart contract language.

Polkadot is his vision to unify the blockchain world. And it’s built to connect and secure unique blockchains.

But don’t get me wrong. Polkadot is not an Ethereum killer.

That’s thanks to its unique design. It makes Polkadot an interoperable, heterogenous, and scalable blockchain network.

At the heart of Polkadot is the relay chain, the central chain of Polkadot.

Its main responsibility is to coordinate the Polkadot ecosystem as a whole. Think of it as the connectivity layer of Polkadot.

By design, it has minimal functionality. For instance, smart contracts are not supported.

Instead, its sole purpose is to act as a connectivity and networking layer.

It’s built on Substrate, a blockchain-building framework created by Parity Technologies.

This makes the relay chain heterogenous and interoperable. Without getting into the weeds of how it works, it means all types of systems can find each other, connect, and transfer data and value.

Connected to the relay chain are parachains and bridges.

Parachains are sovereign blockchains. They can have their own tokens. And they can optimize functionality toward their specific use case. But they share in the Polkadot security model, as we’ll explain in the “Opportunity” section.

Meanwhile, blockchains that want to connect to Polkadot but keep their security model use bridges. They allow the Polkadot ecosystem to connect with external networks, such as bitcoin and Ethereum. So as you can see, Polkadot and Ethereum can comfortably coexist together.

And by connecting to the relay chain, they enjoy the advantages of interoperability.


So Polkadot is solving a big problem in cryptocurrency.

And now is an opportune time to invest in the project.

Here’s why… The team is expected to release parachain functionality in 2021. It’s already on testnet, so it’s just a matter of time.

This is exciting news. Parachains are a finite resource.

Per Polkadot, it expects to have roughly 100 parachains in the medium term. And that number won’t grow much. Ultimately, it thinks it could have up to 200 parachains in the long term.

To lease a parachain, you need to take part in a parachain auction. And the only way to take part in those auctions is with the DOT token.

Plus, whoever wins the parachain must bond their tokens, meaning these tokens won’t be available on the open market.

So we have an upcoming event that will not only put Polkadot in the spotlight but also create huge demand for the DOT token.

The Opportunity

Polkadot uses PoS for consensus of its blockchain.

Validators, which sit in between the relay chain and the parachains and bridges, handle the process.

A validator’s first job is to verify parachain blocks. Its second job is to participate in


consensus to produce the relay chain blocks.

And since all parachains benefit from the validators, it’s a shared security model.

To participate, a validator must stake the DOT token. Performing the job well rewards them with more DOT. But if they act maliciously, they can lose their stake.

Now, not everyone has enough DOT or the technical expertise to be a validator. But Polkadot still wants DOT holders to be active participants in the ecosystem.

That’s where nominators come in. And it’s our income opportunity on Polkadot. Nominators can bond their DOTs with up to 16 validators. And in exchange, they get a proportion of the rewards.

Crypto Income FIRE System: Polkadot (DOT)


F Future Potential

Polkadot’s goal is to unify the world’s blockchains. By using its unique relay chain/parachain architecture, Polkadot can connect to any

blockchain or system. Further, the parallelized setup enables high throughput – in other words, scalability. Most importantly, all these

systems can send data and value to each other, providing interoperability. We believe Polkadot can become a key infrastructure piece to Web3.

High

I Income We can earn 10–15% by nominating our DOT to a validator. High

R Risk

Polkadot is not a new project. The work began back in 2016. Since then, it developed an impressive ecosystem that includes multiple

development teams, assistance from leading blockchain companies such as Parity Technologies and the Web3 Foundation, and notable investors,

such as Polychain Capital. Polkadot is well-positioned for success.

Since our original recommendation, we’ve updated you on alternative methods to stake Polkadot with a smaller amount of DOT here.

Remember, if you’re using one of the alternative staking methods, this involves high risk.

Medium

E EffortTo stake DOT, you need to use the Polkadot Portal and the Polkadot

extension. Setting up takes a few minutes, but after that, maintenance is minimal.

Medium

How to Earn “Tech Royalties” With Polkadot (DOT)


Step 1: Install the Polkadot{.js} extension.

Step 2: Create two Polkadot accounts, a stash account and a controller account.

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Step 3: Send funds to your Stash account and then transfer 1 DOT to your Controller account to pay for fees.

Step 4: Select validators and bond your DOT tokens.

After our original recommendation, this method added a requirement of a minimum amount of DOT to stake and earn “Tech Royalties.” However, we provided an alternative method for readers to stake a small amount of DOT here. Please note: This requires leaving your tokens on an exchange, so it involves a high amount of risk. Do not stake any more tokens than you’re willing to lose.

Pro Tips

Pro Tip 1:

Use the Polkadot{.js} extension to interact with the Polkadot portal. Polkadot{.js} enables you to manage your accounts and sign transactions.

Pro Tip 2:

For maximum safety, set up two Polkadot accounts. The first is a stash account for your funds. The second is a controller account. We’ll use the controller account to perform our staking operations to earn “Tech Royalties.” Having two accounts adds a layer of security.

Pro Tip 3:

Validators who misbehave are subject to slashing, which could cost them a portion of their DOT rewards and affect our income. Make sure to read our detailed instructions for tips on how to pick the right validator(s).

Pro Tip 4:

Claim your rewards by going to the “Payouts” tab under the staking tab. Simply click the “Payout” button and follow the prompts.

Pro Tip 5:

You can un-bond your DOT tokens anytime you’d like. It takes 28 days before bonded funds can be transferred. However, you can rebond your tokens right away.

Action to Take: Buy Polkadot (DOT). Buy-up-to Price: See the portfolio page here. Expected Yield: 10–15% Buy It On: Binance, Bithumb Global, Bittrex, or Kraken Position Size: $200—400 for smaller traders and $500—1,000 for larger traders

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Tech Royalty Opportunity No. 4 – Cosmos (ATOM)

Cosmos (ATOM)Current Price Market Capitalization

$18.72 $3,953,882,105


210,552,050 268,335,653

Overview

Decentralized exchange Uniswap is having a monumental year. At the beginning of July, daily volume was less than $10 million. Today, it’s over $1 billion.

Its success is part of the larger trend of DeFi, or decentralized finance, which we noted above. DeFi is a broad category of financial applications being developed on open, decentralized networks.

While DeFi has been wildly successful, it’s also highlighted problems with current blockchains, notably Ethereum.

It’s no secret that Ethereum gas prices, the cost to do transactions on the network, are hindering the network. Gas prices are up over 1,000% in the last year alone.

The high gas prices hinder DeFi activities. It makes other use cases more difficult. And it threatens mainstream adoption.

What’s obvious is that one blockchain is not going to satisfy all use cases. Instead, we’re going to see multiple blockchains. And they’ll be built to meet the evolving needs of end users.

It’s going to be a multi-blockchain world. And one of the leading blockchain ecosystems today is Cosmos (ATOM), the “Internet of Blockchains.”

Cosmos is an ecosystem of blockchains that can scale and interoperate with each other.

Its three main components are Tendermint, the Cosmos SDK (software developer kit), and IBC, the inter-blockchain communication protocol.

• Tendermint is the blockchain consensus engine and application interface. In other words, it’s the software for blockchains on Cosmos to reach consensus and connect with one another.

• The Cosmos SDK is an open-source tool for developers to easily build blockchain applications on Cosmos.

• IBC is like TCP/IP (the internet’s communication protocols) for blockchains. It enables blockchains within the Cosmos ecosystem to securely transact value and


data with each other.

When you put it all together, Cosmos is an ecosystem of blockchains that can scale and interoperate with each other.

And it’s a rapidly growing ecosystem. Today there are over 200 projects building on Cosmos covering over a dozen different sectors. Some of the leading projects include Palm Beach Crypto Income portfolio winners such as Terra, KuCoin, and Kava.

It’s an exciting time for Cosmos. Its vision is coming into fruition right now.

Cosmos just released its Stargate upgrade. Without getting into the weeds, Stargate upgrades all the software that makes IBC possible for the Cosmos ecosystem.

That means by early March, all the 200 plus blockchain in the Cosmos ecosystem will interoperate easily. And we’ll get to see the true power of the Cosmos blockchain.

The Opportunity

On March 13, 2019, Cosmos launched its mainnet, Cosmos Hub.

The cryptocurrency native to the Cosmos network is ATOM.

The main utility of ATOMs is determining the decision power of validators in the consensus process. ATOM holders collectively decide which validators will secure the Cosmos Hub and their individual influence in the network.

By staking your ATOMs, you can help secure the network and receive rewards (or “Tech Royalties”) in the process.

Now, the Cosmos network is set up to have a managed number of validators. But you don’t need to become a validator to earn income.

You can delegate your tokens to a validator that will run the required node infrastructure for you in exchange for a cut of the rewards.

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Crypto Income FIRE System: Cosmos (ATOM)


F Future Potential

Cosmos is attempting to solve some of the biggest problems in cryptocurrency. Its network and framework make blockchains

interoperable, scalable, and instant. Today, it’s well-positioned to benefit from a multi-chain world.

High

I IncomeThe yield on ATOM ranges from 7–11% based on a number of factors,

such as total ATOM staked, total fees collected, and the commissions of your validator.

High

R Risk

While the Cosmos team has been building for over four years, the Cosmos mainnet has only been live for a few months. Further, IBC will go live in March. While it has been extensively tested, new issues could

surface from real-world usage.

Medium

E EffortStaking ATOM tokens is straightforward. Most of the work is in setting up your stake using the Ledger hardware wallet. After that, minimal time is

required.Medium

How to Earn “Tech Royalties” With Cosmos (ATOM)


Step 1: Set up the Keplr wallet.

Step 2: Send your ATOM tokens to your Keplr wallet.

Step 3: Stake your ATOM with a validator.

Pro Tips

Pro Tip 1:

There’s no minimum amount needed to stake ATOM.

Pro Tip 2:

You can stake your ATOM across multiple validators.

Pro Tip 3:

There’s a 21-day “unbonding” process when you undelegate your ATOM tokens. During this time, your ATOMs will not earn rewards and cannot be transferred, exchanged, or spent.

Pro Tip 4:

Occasionally, you’ll need to log in to your wallet and claim your staking rewards.

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https://members.palmbeachgroup.com/crypto-income-quarterly/how-to-earn-income-with-cosmos/


Action to Take: Buy Cosmos (ATOM). Buy-up-to Price: See the portfolio page here. Expected Yield: 7–11% Buy It On: Binance, Binance.US, Bittrex, Coinbase Pro, or KuCoin Position Size: $200–400 for smaller traders, and $500–1,000 for larger traders

Tech Royalty Opportunity No. 5 – IRISnet (IRIS)

IRISnet (IRIS) Current Price Market Capitalization

$0.122 $116,316,811


952,756,480 2,007,957,832

Overview

The IRIS network (IRIS) is part of the Cosmos ecosystem.

That means all applications in the IRIS network can interact with any other application in the Cosmos network over the standard IBC protocol. Further, IRISnet has the interoperability to connect across an internet of blockchains: private, consortium chains, public chains, etc.

The goal of the IRIS network is to provide innovative solutions for distributed business applications. It offers a number of features for businesses such as IRITA, its consortium blockchain product.

With IRITA, businesses can do things like integrate traditional business applications on the blockchain, tokenize digital assets, and securely store data.

In addition to being part of the Cosmos ecosystem, IRISnet is also very active in China’s Blockchain-based Service Network (BSN).

In fact, Bianjie, the core development team of IRISnet, is certified as a China National High-Tech Enterprise.

Launched in April 2020, BSN is a standardized, nationwide public infrastructure network for blockchain development and deployment. It is meant to be an internet for blockchain protocols in China.

It’s led by some of the largest institutions in China, including the State Information Center of China, China Mobile, China UnionPay, and Red Date Technology.

Recently, BSN announced IRISnet is among the first batch of public blockchains selected for integration.

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Further, it announced it will integrate IRITA as well.

IRITA will support the cross-chain interoperability among various consortium blockchains in the BSN ecosystem, such as Hyperledger Fabric and others. And it will support access to off-chain trusted data from oracles, such as Chainlink.

If that weren’t exciting enough, IRISnet just launched the IRISnet Mainnet 1.0 upgrade. And being a Cosmos ecosystem project, it did it alongside the Cosmos Stargate upgrade on February 18.

Features include:

• Enhanced iService – The Interchain Service (iService) framework is an application protocol that can support connections between heterogeneous blockchains and centralized systems. It bridges the gap between the crypto world and the traditional business world.

• Inter-Blockchain Communication (IBC) – IRIS Hub 1.0 will be one of the first mainnets in the Cosmos ecosystem to integrate the flagship cross-chain IBC protocol.

• Coinswap – The first automated market maker available for the Cosmos ecosystem.

• Oracle – Powered by iService, a flexible and innovative oracle function has been built into IRIS Hub 1.0, enabling cross-platform data services with various on-chain/off-chain interaction patterns.

• NFT – The non-fungible token (NFT) module built into IRIS Hub 1.0 supports the complete lifecycle management of NFTs and can be used for asset digitization on blockchains.

We’re reaching the point where independent blockchains will easily be able to communicate and transfer value between one another. That will lead to hyper growth in blockchain activity. And IRISnet is well-positioned to capture the trend.

The Opportunity

The IRIS token powers IRISnet and the IRIS Hub.

It’s used to pay for all network transactions, validating new blocks, and IRISnet’s asset management and services modules.

Further, service providers in the IRIS network charge service fees denominated in the IRIS token.

Stakeholders who process new blocks are called validators. They provide security and decentralization to the network and receive fees and newly released IRIS as a reward.

Stakeholders who are not validators can delegate their tokens to a validator and share in

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the rewards. That’s our income opportunity.

Crypto Income FIRE System: IRISnet (IRIS)


F Future Potential

IRISnet is looking to become a key service provider for the Cosmos ecosystem. The key feature of Cosmos is the IBC protocol, which

enables communication between different blockchains. That means IRIS has the opportunity to interact with all blockchains in the Cosmos ecosystem. Further, IRISnet is active in China’s BSN. Both IRISnet and

IRITA, its blockchain consortium product, are integrated.

High

I Income Staking your IRIS tokens currently yields 7–11%. High

R RiskThe success of IRISnet is dependent on the success of blockchain in

general and its main partners, Cosmos and BSN. Further, it has a short operational history. Position size accordingly.

Medium

E Effort Delegating with your IRIS tokens is a fairly straightforward process. Most of the work is up front. After that, minimal time is required. Medium

How to Earn “Tech Royalties” With IRISnet (IRIS)


Step 1: Buy the IRIS token.

Step 2: Download and set up the Rainbow wallet.

Step 3: Select a validator and delegate your tokens.

Pro Tips

Pro Tip 1:

There is no minimum required to delegate your IRIS tokens.

Pro Tip 2:

You always maintain control of your tokens, even when delegating.

Pro Tip 3:

You can undelegate your tokens at any time. However, it takes approximately 21 days for your IRIS to undelegate and become transferable.

Pro Tip 4:

You could lose tokens if your validator doesn’t perform its duties through “slashing.” A delegator will lose the same percentage of tokens as the validator.

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https://members.palmbeachgroup.com/crypto-income-quarterly/how-to-earn-income-with-irisnet/


Action to Take: Buy IRISnet (IRIS). Buy-up-to Price: See the portfolio page here. Expected Yield: 7–11% Buy It On: Binance or Bithumb Global Position Size: $200–400 for smaller traders, and $500–1,000 for larger traders

Note: Some users have reported Bithumb Global is disabling withdrawals at times for certain tokens. Make sure to go to the withdrawal page and confirm Bithumb Global has enabled withdrawals for the token you want to buy.

Tech Royalty Opportunity No. 6 – Kyber Network (KNC)

Note: Kyber Network (KNC) is currently undergoing a token upgrade, which prevents tokenholders from using our preferred method of staking outlined below. We’re researching new methods to stake and earn income on KNC and will provide instructions as soon as we find one.

In the meantime, you can earn income on KNC by depositing your tokens on Celsius, a secure platform for earning interest on crypto. Currently, Celsius pays a yield of about 3% on KNC deposits. For more information, you can read our update here.

Kyber Network (KNC)Current Price Market Capitalization

$1.83 $344,902,792


204,768,115 210,275,967

If you’re a crypto game developer, then you want your focus to be on developing your game.

But the reality is there are many functions needed to run a smooth game that aren’t specific to the game itself… like a token exchange.

Sure, the game developer could create a token exchange function in their decentralized application (dApp). And then do the leg work to provide sufficient liquidity.

Or they could just plug into Kyber Network.

Kyber is a blockchain-based liquidity protocol that aggregates liquidity from a wide range of reserves. Applications plug into Kyber for instant and secure token exchange.

The way it works is Kyber acts as a liquidity hub between those who have reserves and those who need liquidity. Reserves are contributed by entities such as market makers, token projects, liquidity pools, and other token holders.

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Those that need liquidity are the variety of products and services mentioned above. To date Kyber is integrated into over 100 products and services.

All transactions on Kyber are fully on-chain. Meaning, they are fully transparent and verifiable.

One of Kyber’s selling points is its straightforward integration. Any wallet, website, or application can easily integrate Kyber, enabling instant token exchange directly into their product.

While Kyber is performing well already, it isn’t resting. Soon to come is Kyber 3.0, the team’s next upgrade.

While Kyber 2.0 works great, improved flexibility would help Kyber catch more market opportunities.

So Kyber 3.0 will transition Kyber from a single protocol into a hub of purpose-driven liquidity protocols.

And with a hub of diverse liquidity protocols, Kyber can cater to the expanding universe of crypto use cases.

Here are the key changes:

• Hub of Liquidity Providers: Users of Kyber Network will have a wide range of options for obtaining liquidity. Entities that provide liquidity will be able to do so to specific liquidity protocols that meet their needs. (For example, a token project would likely want to provide liquidity to Kyber’s planned Dynamic Market Maker. Whereas an exchange might want to provide liquidity to Kyber’s planned professional liquidity protocol.) Applications, the end users, will be able to direct liquidity from a specific source to improve exchange rates and reduce gas fees.

• Kyber DMM: The Kyber Dynamic Market Maker. It’s similar to an AMM like Uniswap with a few key changes. First, it has a programmable pricing curve whereas AMM’s have a one-size-fits all approach. That means liquidity providers can set up a different price curve for a stablecoin-to-stablecoin trade versus an ETH to ERC20 trade. This results in more efficient capital allocation for liquidity providers.


And second, it implements Dynamic Pricing. One of the problems of providing liquidity is impermanent loss. That’s when extreme price changes cause the value of holdings in the pool to drop. In other words, you would have been better off just holding the two tokens instead of providing liquidity and earning fees. It’s generally in periods of high volatility and high volumes where LPs experience impermanent loss. With Kyber 3.0 those fees would increase during those times to offset losses.

• Improved KyberDAO: Kyber successfully launched its DAO in the first half of 2020. Kyber 3.0 will improve on the Kyber DAO in three important ways. First, token holders will get to determine which liquidity protocols to fund. Second, fees on all new protocols will be directed to the KyberDAO. And third, token holders will get to decide on which infrastructure project to fund to help grow the ecosystem.

The Kyber 3.0 upgrade is the catalyst to propel usage of the Kyber Network going forward. Further, it provides us with an excellent income opportunity.

The Opportunity

The Kyber Network Crystal (KNC) is the token that powers the Kyber Network.

Reserve providers purchase KNC so they can operate on the network. And each time a token exchange happens, a small fee is charged which goes to the Kyber DAO. Those fees go to reward KNC stakers and reserve providers. And a small portion is used to burn KNC tokens as well (in other words, remove them from circulation).

The allocation of fees is voted on through the Kyber DAO and its KNC holders. As of this writing, 67.3% of fees go to stakers, 26.5% goes to reserve providers, and the remaining 6.2% gets burned.

Now, it’s important to know two things about KNC staking.

First, it’s important to vote in order to obtain maximum rewards. That’s why we’ll be staking through the Kyber Community Pool for “Tech Royalties.” It does the voting for us.

And second, rewards are paid out in ETH, not KNC.

With Ethereum being the second-largest cryptocurrency on the planet, and the leader in DeFi right now, we think that’s great.


Crypto Income FIRE System: Kyber Network (KNC)


F Future Potential

Kyber Network has established itself as a key cog in the crypto economy. Over 100 products and services use the Kyber Network to enable seamless token swaps for its users. With the launch of Kyber

3.0, the Kyber Network will be expanding into a hub of liquidity protocols, and each will reward KNC holders.

High

I IncomeRight now, staking KNC yields roughly 10%. However, keep in mind, this is volatile, as rewards are dependent on activity and fees. And rewards

are paid in ETH, adding another variable to the equation.Medium

R RiskAny DeFi project is at risk of hacks and smart contract issues. Kyber has received audits from ChainSecurity, a division of PwC. Based on these

audits, Kyber doesn’t have serious security concerns.Medium

E Effort It only takes a few steps to stake KNC through the Kyber Community Pool. And it requires little maintenance. Low

How to Earn “Tech Royalties” on Kyber Network Crystal (KNC)

Here, we’ll go over the basic process of what you should do today. You can find our more detailed step-by-step instructions here.

Step 1: Purchase KNC at Coinbase Pro, Kraken, KuCoin, or Kyber Network.

Step 2: Connect your wallet to the Kyber Community Pool.

Step 3: Delegate your tokens to the Kyber Community Pool.

Pro Tips

Pro Tip 1: Recent research showed 4 p.m. to 6 p.m. EST as the best period for low gas fees on Ethereum.

Pro Tip 2: You can unstake your KNC at any time.

Pro Tip 3: Rewards are paid out by the Kyber Community Pool after each epoch, which takes two weeks.

Pro Tip 4: You need to occasionally claim your rewards through Kyber Community Pool.

Action to Take: Buy Kyber Network (KNC). Buy-up-to-Price: See the portfolio page here. Expected Yield: 10% Buy It On: Coinbase Pro, Kraken, KuCoin, or Kyber Network Position Size: $200–400 for smaller traders and $500–1,000 for larger traders

https://members.palmbeachgroup.com/crypto-income-quarterly/kyber-step-by-step-instructions



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© 2021 Common Sense Publishing, LLC, 55 NE 5th Avenue, Delray Beach, FL 33483. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from the publisher.

Information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. It is not designed to meet your personal situation—we are not financial advisors nor do we give personalized advice. The opinions expressed herein are those of the publisher and are subject to change without notice. It may become outdated and there is no obligation to update any such information.

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