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ARB Airdrops Crash Landing 🪂
Join us on the journey to financial independence. Like barstool sports but for business and tech people.
Welcome back to another day with Renaissance - the newsletter equivalent of your weird rich uncle that drinks a lot but gives great life and business advice! Now let’s get down to business! 📚
This is your source of tactics, examples, action, and news to perform 1% better every day so that one day someone can say you just got lucky!
To quote Lenin, “There are decades when nothing happens; and there are weeks when decades happen" - this isn’t far off one of those good ol’ weeks! So let’s dive in! 🌊
Here’s what you need to know today:
All DOGES go to....🐕
The Trump Card
🔴
ARB Airdrops Crash Landing
🪂
Iconic Sports Moments or Digital Collectibles?
🎾
.......and of course. Your daily source of Alpha 👇
The Board
The Renaissance Over-Under
Where do you think the markets are going next week?
Business, Money Markets & Financial News
Elon Doges…DODGES that Twitter Debt Payment with a move so smart or stupid we don’t know what to think?!
Another classic lesson from the Doge father 🐕 himself , you’ve always got to be making moves!
This week, without warning, Elon changed the Twitter logo to that of Doge coin in an unexpected twist!
This was really shocking since Musk had only just got rid of that $256 billion (yes billion) lawsuit claiming that he intentionally ran a pyramid scheme…Because if you haven’t noticed, Elon likes to tweet about Doge. Like a lot. 🤷♂️
On Monday he changed the picture and all hell broke loose! Doge soared over 30% and it’s still not removed! It looks like it’s bye bye birdy 🐤
Everyone’s been asking Musk and Twitter “Why? Why do this? What’s the message?” 🤔
Twitter and Musk’s inboxes were updated to auto-respond to all journalist’s messages with a poop emoji 💩
I guess it’s just one of life’s great mysteries huh. 🤷♂️
Now it’s time for our favourite kind of porn here at Renaissance…no it’s not that you degenerate! It’s the classic “If you invested this much on this date you’d have $X today”😍
Here’s where it get’s good - if you bought $1K worth when Musk first announced his intentions to purchase Twitter in April 2022 - you would be under water right now. 🤽♀️
Buuuuttttt……if you bought $1K after the second announcement, it’d be worth $1,444.94 today based on a price of $0.09573 for DOGE at this time! — A gain of 44.5%!!!!💸💸 Stick that up your Warren Buffet index fund!
Just going to leave this here for fun…👀👇
What can we learn? Well…..
Get your trades in when Elon comes along and buys something ➡ wait for the memes. 😎 The memes make the money in this world! 🌍
Now - if you were smart and had long positions on DOGE with leverage (which I’m sure Elon did to pay for that acquisition price🤷♂️) - recently you’d have done even better. 💸
Trump has been arrested & indicted in New York. Setting a dangerous precedent involving the Former President
Me at work, not knowing what’s going on, and pleading not guilty to the hush money I payed HR to bury my inappropriate outbursts 👇
34 felony counts, all of which he pleaded not guilty to. The main takeaway here is that he’s accused of orchestrating the hush money payment of $130k 💲 to the Porn Star Stormey Daniels around the time of the 2016 election so that he could walk around calling himself Mr President for 4 years and invoicing his spray tans to the White House (ironic as I wouldn’t let him touch anything white). 🤚✋
Other payments for similar amounts to ex-Playboy models are also appearing in these unsealed documents 📄.
It’s a real ‘who’s who’ of people that got paid to be silent but can’t 🤫. We can’t wait to see what happens next in this world first event!
Now let’s cut to the chase, how many years. - 136 years in the slammer for slamming??………never mind.😐
The point is, Trump may not serve time at all, and even if he does he’ll cut one hell of a deal. The Art of the Deal bro, the Art of the Deal. 🙏
NO HEADLINES! - I know I know! You really think we would write about this just for the views…apparently we wouldn’t🙄
Here’s how you should and could profit from all this news!💰 And don’t worry you don’t have to be a Porn Star.⭐
Donny Pump’s NFT collection after news released of his indictment 📈
The NFTs were released in December and all sold out instantly! All 45,000 cards for $99 each. Now they’ve been standing steady at 0.5ETH ($1030)!
Since the news the sales of the NFTs have climbed 462% and the token value has jumped 30% in the last week alone. 💸
Sell the news is the strategy here at Renaissance, what do you not like freedom?
But seriously - this is just another way you can profit off news that doesn’t concern you. And if you’re speculating on the odds of him actually going to jail, this is a great asset to do this with.
Or if you don’t want to bet big money - head to Polymarket and check out the bets you can make on what’s going to happen!
Find them here: https://polymarket.com/markets?_c=trump
QUOTE OF THE DAY
“The happiness of your life depends upon the quality of your thoughts."
Crypto Market & NFT News
Every Dog 🐕 will have its day and this time - their week. $65M 💰 in SHIB moves between unknown wallets this week
This week dormant whale wallets 🐋 containing SHIB have moved over $65M 💰 across a few transactions that occurred in just a few seconds!
It was transferred to an unknown wallet address, with one transaction valuing $20.5M and moved all for the low low fees of $1.37! Incredible!
This is off the back of Doge-related coins having a nice rally, in this case to the tune of 11% - a nice time to make the move!
Arbitrum’s Governance after the Airdrop is called into question after their frankly Embarrassing Attempt at Decentralisation
So if you kept up with us and farmed some ARB tokens in the airdrop 🪂 a few days back you’d have made a killing! And then the fun began…..
This week the first proposal of the Arbitrum DAO was to basically send themselves $1Billion of tokens! As you would expect the community of new token holders were adamantly against this…things get spicy.🌶
The AIP-1 Proposal on Arbitrum’s DAO, the 750 million tokens would be used to cover “Special Grants, reimbursing applicable service providers [...] and covering ongoing administrative and operational costs of The Arbitrum Foundation.”
Then! Then! They basically told the DAO that it’s a good girl and to sit back down cause they’re not asking - they’re telling! I.e. fuck your votes! ❌
The valuation of any Layer 2 here is their promises of Decentralisation and this is the exact opposite, despite their airdrop and token launch - this is a real controlled rug-pull!📉 They legally don’t own the funds they’ve already allocated!
What they really mean by sophisticated market makers are professional pumpers that allows insiders to sell without destroying the price! 💲
Since the airdrop and listing the token has had a massive selloff 📉- driving the price down over 90%!
Time to sell up. And after these recent moves I’d even open a short position.
I’m tired of writing now😴, here’s another crypto thing on Signature Bank insiders losing $100M from our less funny cousins: 👇
Wealth Building, Personal Finance Hacks & FAT FIRE
Can’t think of any jobs or side projects, fine! Here’s 2 massive side businesses you could start with just $0!
We have a gambling problem in Web 3. This space is the single greatest opportunity to go from 0 ➡ entrepreneur overnight, yet so many people are using this technology just to gamble on cartoon zoo animal pictures.🙊
Over the course of 15 months I went from only generating revenue from a 9-5, to owning a Web 3 business that can sustain my life. I did it almost completely by myself too!
Get out of this mindset that to make it in this space you have to gamble.
Web 3 is an entrepreneurial gold mine if you play it the right way. With giants like Amazon, Google, and Microsoft entering the space this year, the potential to turn your passions into your full time gig is seriously once in a lifetime.😎
In this newsletter I'm going to go over 2 businesses you can set up TODAY with $0 of start up capital necessary. If you have the internet and a device to connect to it you're all set!
The Consulting Business
Every day 100 new projects pop up, and 99 of them don't know what they're doing! You've got knowledge of the space. You spend hours doing research. Now it's time to monetize it.💰
This doesn't just go for Web 3 either, almost every industry is looking for consultants to provide second opinions.
Here's my quick and easy process I used to launch my consulting business:
1. Gain deep understanding of a chosen subject
2. Analyse what works and what doesn't
3. Offer potential clients unsolicited free advice (e.g., suggestions for their website or content)
4. If they like it, schedule a call 📞
5. Offer free services (1-hour consulting calls)
6. LISTEN to their problems and take notes
7. Provide solutions and advice ✅
8. Gather testimonials after successful engagements
9. Use testimonials to attract more clients
10. Start charging
11. Increase your fees with each new client
12. Repeat ♻
Growth hack: document challenges ➡ create templated solutions ➡ sell them as products or lead magnets.
The Community Builder
Web 3 has revolutionized community marketing, and every project is on the lookout for skilled community managers and builders. As more Web 2 businesses enter the fray, the demand will only skyrocket. 🚀🚀
Here's the process I'd go through to become a community manager:
1. Join as many communities as you can (buy their NFT project or just join the non-token gated discords)
2. Observe their structure and operation
3. Take note of Discord setups, community activations, events, culture, and member engagement across platforms
4. How do the leaders make members more active?
5. Read good content on community building (I like LagunaCarta’s feed)
6. Write down all of this. Develop your process.
7. Offer projects free advice on community building.
8. If they bite, offer them your services
9. Start with low fees, gather testimonials, and gradually increase your rates
Community building is a trend that will undoubtedly spread to Web 2. The demand for experts in community growth will skyrocket 🚀in the coming years.
Acquire these valuable skills now ➡ document your process ➡ profit 💰
Physical & Mental Health
Recently researchers studied the impact of meetings on our brains. 🧠
It turns out those back to back meetings make us stressed! God where would we be without all these fancy researchers!
Oh yeah…..at work in my back to back meetings 😐
Sports
Historic sports moment or digital collectibles?
This could be a game changer - The Australian Open is using NFTs to create new fan experiences and turning that game winning point into an investment. 💲💲
And here's how👇
Tennis uses a Hawk-Eye system - basically a bunch of cameras and computers that splits the court into thousands of small plots to precisely track where the tennis ball lands. 🎾
Each plot on the court is tied to a specific NFT.
Whenever a player hits a match point shot (AKA a game winner) on the court, the specific NFT tied to it gets updated with game info like the player’s name, type of shot, round of tournament, etc.
NFTs that get tied to historic moments throughout the tournament can soar in price. 📈📈
An NFT for Rafael Nadal's game-winning shot sold for over a 4,000% return!!💰
It’s only a matter of time before other sports get in on the action. Game. Set. Match. 🎾
Meme of the Day
Music
Psychedelic rock & funk 🎷 band Khruangbin meet 90s Hip Hop. 90s Hip Hop meet Khruangbin. 🤝🤝
Enjoy Khruangbin’s incredible melody of classic hip hop tunes below. 👇
People You Should Know
Bill Ackman
The man himself. Bill Ackman is a titan in the world of finance - widely being considered one of the most influential investors in the world today! 🌍
Known for his sharp wit and fearless approach to investing he is the founder and CEO of Pershing Square Capital Management, one of the most successful hedge fund firms in the world!
And when they invest in a Company, they invest in a Company.
Taking high-profile activist positions to drive change or unlock value. 🔓 He has gone toe to toe 🥊 with some of the biggest names in corporate America! And although some of his campaigns have been controversial, his success rate speaks for itself. 💸
C’mon this is a man who made $200 million in just four hours with JC Penny and $2.6 billion 💰 on credit hedges in March 2020 when the spread of Covid-19 tanked markets!
Now in 2023 – nearly 75% of his portfolio consists of just 4 stocks! What are they? Well I’m glad you asked. 😎
Lowe’s Companies Inc
The Howard Hughes Corp
Restaurant Brands International Inc
Chipotle Mexican Grill Inc
Definitely ones to keep an eye on!
Riddle
What kind of food is crazy about money? 💰
Answer to last week’s riddle : River bank
Referrals
You are: 1 referral away from The Next 10x Opportunity in Crypto for 2023 Report
Simply refer your friend using the link below ➡ Reply to this email with the word 'Report' cc'ing in your friend ➡ The report is all yours!
That’s a wrap for today! Meet us on Twitter to talk all about it. Where every day we’ll send you jokes, tips, and all important news from the world of money, business and crypto and more! (@RenaissanceDly)
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