🧠 Profit from the crash

GM Seedphrase Daily Nation 👋  It's alpha Wednesday, and we got the sauce no one else is talking about during these hard times. Time to tap in.

Today's Agenda 📓: 

• 🌊 How to profit from FTX crash

• 🎤 We dropped a new way to make money on Youtube! 

• 😂 Meme of the Day

Binance v. FTX: Chess match of the year. 

For more context, check out yesterday's newsletter, where we broke down the drama between FTX and Binance. Anywho, long story short; 

• FTX only had ASS-ets.

• Binance was selling its $FTT position and created a massive selloff.

• Binance is now (allegedly) buying FTX

• $FTT is down more than $80.

It might sound like a bad day at work for everyone. But this is gold for us. 

Because now, we know three things: 🥉

1. Anything that FTX was involved in is questionable.

2. If one of the largest exchanges becomes insolvent, crypto will see a MEGA crash. 

3. Buy when there's blood on the streets, theres opportunity 🩸

Now for the main topic. ✋

Why our analysts speculate SOL domain names to be long-term moonshot:

✋ First, what are SOL domain names.

Domain names give your wallet an identity on the blockchain, similar to how your social media handle gives you identity. 

ENS (Ethereum name services) has been under a 12 month long spotlight- unheard of in web3. The most expensive ENS was bought for 300ETH (~$350K).

Experts say Solana will move similarly- the difference is that we're taking risks early.

4 uses of SNS 

1. It makes receiving money easier 💸: Wallets usually look like 0cx134gu3gu23j4ij3j4kq3b2j34h33. Yes, I just bashed that on my keyboard. No one would remember. But if I owned money.sol, people would know precisely what wallet to send funds on. 

2. Verified ✅: Your name is your brand. That's why brands like Nike and Starbucks would pay BIG bucks for them. Also, linking your social media (Twitter) will create a much more manageable payment method. 

3. Censor-free 🙊: content creators can publish their work without being afraid of being flagged. Since you own the domain, it's like owning a piece of real estate on the blockchain. 

4. No annual fees 🙅‍♂️: Unlike ENS which requires annual renewal, once you have an SNS there is no maintenance.

What does this have to do with FTX?

Making money in this industry is ALL about timing. Think about the people who bought BTC in 2017 after it crashed to $12K. They're UP. 

FTX is reported to have lost around $2.5B in the last 24 hours, which has drastically reflected prices. 

We also know that FTX heavily backs SOL.

What does this mean? 

YES! SOL is also going to see some price pullbacks. Just because FTX was a big holder of SOL doesn't change the fundamentals, and that's what institutions and people bet on when it comes to Solana's future.

That's why it's the perfect time for us to pick up some real estate in SOL and wait until the little fishy comes once the prices recover. 

Which domain names are worth buying? 👇

This is an important question, so listen up. 

We studied what has been successful in the past with ENS domains, and map it out for you in our premium newsletter, so you know just what to buy for SNS to make juicey gains.

Our move: we're scooping up valuable SOL domains at mega discounts- and we're not looking back. Our research analyst bought nyrangers.sol amongst other names to get ahead of the curve, and you can do the same! 

If you want a step by step on how to buy SOL domains, more in-depth research, and data to help you navigate this market check out our premium newsletter where we lay it down every week.

Here's a message from today's sponsor: 

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Now let's zoom out 🔍

It's hard, but we want you to see past the absolute chaos that has been crypto for the last 4 months. F

Fast-forward to when Web-3 becomes the norm.

You just bought all of these SNS domains, and every brand uses them to market their products instead of .com. We're seeing it now. 

Elon Musk just acquired Twitter, and Binance has invested $500M into the acquisition to integrate blockchain into the UI. 

1. Verified accounts: With your account linked to your wallet, f679.sol, it will be much easier for someone to send you money. Pretty hard to mess that up. 

2. Tweet Monetization: To pay out its creators, they will likely choose a crypto wallet to simplify transactions. Who will they call? ETH and SOL.

We know SOL will win because the Sharks have spoken🌎: 

• META confirmed this at their conference in Portugal. 

• Google Cloud supports a Solana validator and helps developers have the data and tools they need to build dApps on SOL.

The current state of ENS. 📈

Even in the bear market, ENS is constantly increasing in 24-hour volume. They aren't getting cheaper either. That means people see the real value blockchain domains give. This isn't just a one-night stand either, with an average of 20 sales daily!

The most expensive ENS collections 👇:

• The 999 club minimum floor of 20.99ETH ($31K)

• The 10k club has a minimum floor of 1.42ETH. ($2K)

These sales all occurred on November 7th. 

People are paying over 1ETH for these 4-digit "10k clubs". These NFTs are liquid, and there's movement. 

Not completely stagnant. But steady.

To keep up with all the sales, you can follow the ENS Sales bot on Twitter: 

https://twitter.com/EnsSales?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

If you bought any domains, email us and let us know, we might be keeping a list for a winner.

Tap into Youtube!

LFG. We got another insane podcast this week. Joined by Bram, creator of Early Ones, to bless your ears with everything you need to know about: 

• 💰 Discover to Earn: ANYONE can get paid to review projects

• Creating a Web3 startup 

• TRUE decentralization of crypto 

Moe and Alex have been going crazy so tune in! 👇

Also available on Spotify, Apple Music, and Amazon Music.

😂 Meme of the Day 

Lord, save us.

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research