Passive Revenue Streams

"Wealth is not a number, wealth is a passive income."

If you have $1,000,000 but no revenue, you are not rich. Granted, you can create a revenue stream with that capital but until you do it's only worth so much. The formula for wealth has always been Income > Expenses.

Having revenue that relies on you to show up and work on a daily basis is conditional wealth, not ultimate wealth. When you can sit back, have your money work for you and generate more revenue than your expenses, that is ultimate wealth.

That number is different for each person. However, the methods for revenue creation are the same and here is one from the future.

Disclaimer: NOT FINANCIAL NOR INVESTMENT ADVICE. Only you are responsible for any capital-related decisions you make and only you are accountable for the results.

Productive Asset

Hype makes money but it is not sustainable. Anyone who saw the boom & bust cycle of 2017 can tell you the exact same as the markets came crashing down. All Altcoins were non-revenue generating assets, most were worthless utility tokens and hence their value gravitated towards 0 (as it should).

Let us take the example of a specific productive asset from outside of Crypto: AAPL (Apple Shares).

Apple shareholders get paid from the profits generated by the corporation, the higher the profit the higher the payout. In order for the profit to increase, the company's efforts and output should increase. This practically means, the more Apple develops, the more valuable AAPL shares are. There is a direct link.

Any individual that was lucky enough to see the vision and amass a large number of shares is now being paid a handsome sum in passive income.

Opportunity

We are at the ground floor of the Future of Finance, a sector filled with revenue generating projects whose token holders directly benefit. That sector's name?

DECENTRALISED FINANCE DeFi

By amassing large holdings in revenue generating DeFi protocols whom people will be using on a daily basis, a person would basically be creating a passive revenue stream in the future.

Of course, in order to pick the right horses one must have a vision derived from research of market trends. Another factor is patience, as this will likely not be largely significant (revenue per token) for at least 2-3 years. For us, there is no rush on staking but there is a rush on accumulating.

Highest Revenues

The current DeFi protocols that generated the largest daily revenue in the past 24 hours are:

1. Uniswap: $8,900,000
2. Sushiswap: $5,200,000
3. Compound: $1,150,000
4. 1Inch: $806,000
5. dYdX: $657,000

The last one does not even have a token yet. As we stated in this journal, we are preparing ourselves for a potential airdrop (explained here), in addition to having cash ready to deploy into the token once it is out. The expectation is that the token release for dYdX may be in the summer of 2021.