Skin in the game (or STFU?)
Been in crypto since 2017, full time since 2021. What level of participation can be considered skin in the game?
This just popped in my mind, with no simple answer:
Do you have “skin in the game”?
Been in the “game” - the crypto game - for 7 years now. On and off, but full time for the last 3 years. Working community, social media, marketing jobs. Leveraging my 15yrs of digital marketing and web dev exp from Web2. Getting into ICOs, IEOs, Defi Summer, NFT mints and airdrops. Hell I even did some boring stuff like grinding WL for NFT mints. 👀
And then, seeing a discussion about “skin in the game or stfu” I wondered: do I really have skin in the crypto game?
I never did an ICO. Or IEO.
Never launched a DeFi protocol. Or a coin/token.
Never launched an NFT collection of mine, free or otherwise. (launched for others tho).
Never did an airdrop, used token-gating or shared POAPs for myself.
I know how they’re all working, I know how to create, use, market and sell them - I just didn’t do it for myself.
Why?
It didn’t even cross my mind 🫢
They all seemed crazy complicated at first. Then they all seemed crazy simple. Just fork it (duplicate code) and launch your own version.
I had an IRL business that went bankrupt and lost me 10yrs of my life; so… for sure there was fear.
But… I’ve decided to catch up on all of these.
I will
☑️ Launch an NFT collection.
☑️ Do one (or multiple) airdrop(s).
☑️ Use token-gating for sharing resources with frens.
☑️ Create and share POAPs for myself.
☑️ Keep an eye open for opportunities to start a crypto business.
❌ I won’t do an ICO - it’s 2024, fam!😅
PS: about that STFU - it’s not OK in my book. Most of the time other ppl’s angles on us or our business are a must. They have an out of the box view we can’t have from the inside. This is why feedback is so important.
I’ll always remember this: feedback is 50 (percent of the business).