All to say this is not financial advice. This is simply Airtek Entertainment and expression of my journey learning Defi, where I am heading with it as an airbrush artist and why I am doing it this way. They say a very important part of everything is the utility, therefore before selecting an asset, review its utility.
One of my current dilemma I have in solving the question of utility is the onboarding and offboarding. This could be from using older programming that I have been using, which was 2023 technology and information.
The main concern for me in utility is in the art and business sector. I need to be able to sell artwork, tie the physical piece with the digital piece and have it retain and gain value. I desire to have more options for the customer to choose on how to pay, which involves payment processors such as Square or Shopify, but that accept fiat and crypto currencies. And I would like to receive my payments for services in crypto, then decide to turn however much I want into fiat, instead of the current solution now where I accept fiat and they tell me how much crypto I can buy. There is no connection to the art I created and the digital world that is heading for a major change.
The next major concern for me is the gaming and education industry in the crypto arena. The reason for that is because of the generations who understand technology so much younger and younger every year. The ability to allow the young generation to earn and learn, I believe is an important aspect cannot be ignore. We cannot take the phones completely away from our children anymore. It is quite late for that. But we can invest in the platforms they use, so we invest our time educating ourselves on those technologies emerging so that we can possibly make passive income off those opportunities.
This is my opinion and my opinion completely, but I believe those features and technologies will be released sooner than even I can imagine. It is coming quick to the masses because the major institutions are talking about the utilities and how to capitalize on them. The problem, or at least from doing my own research (DYOR) is that there are many roads to choose from, and many are still being developed. So it is very easy to follow a road to a current dead end or a potential crash, if you will. Avalanche seems to have a very promising future but will it be as easy as creating your own website nowadays?
So the important factor for me in choosing an asset from its utility is figuring out which platform offers the most potential solutions for me. The solution I am looking to create is bridging physical and digital art and business connections. Meaning when I create a physical airbrush art on clothing, I would like for it to be linked to a digital replication NFT of that artwork. So I wouldn't be selling something extra to my clients, I would actually be giving them something extra, a digital asset and proof of purchase through a blockchain technology smart contract. It could be in the form of scan this qr code receipt given to you to claim your NFT. Some clients will and some might not have an interest in it, but their kids will.
These are possibilities but from my current research it is not completely possible just yet. I keep my ears open as I do more research and learn more in the financial side of all this operation. Base seems to be leading the way, connected with Coinbase in ease of money movement. Paypal have their techniques developing as have their PYUSD coin. Just a couple I have heard doing something but it is not easily accessible with user friendly features as say Square or Shopify, who only accept fiat, especially in their free version if they have one.
As mentioned, when accepting payment for artwork physical and digital in form of an NFT, I desire for the customer to pay with ease using the form of payment they are most comfortable using; credit/debit, CashApp, or any other type of electronic funds a client would typically use to receive airbrush services from me. NowPayments seems to be one of the better platforms I have experimented with but had technical difficulties when I tried to charge myself for testing purposes. I would like to provide the links to all these site but I am going with the flow of typing and am not stopping to find resources, but I do intend to.
On the NFT platforms I am not currently seeing Phygital NFTs, which is a digital connection to a physical item, being promoted or heavily used. I am starting to hear talk about them now, so it is a trend that would happen sometime in the future. At the current moment of this post, the only platform I have seen using something close is Mintable, which is on the Ethereum network with high gas fees. The feature that I like is having "Wearable Art" as a selection on their pulldown menu for selecting the type of NFT. This is a step in the right direction when airbrushing on clothing. However, those high fees are hard to explain to newcomers, plus it eats into my profits.
The current giant platform seems too crowded and loud for working on startups and doing NFT purchases and transactions. My daughter is leading the way in a platform called Stargaze in which we use STARS to purchase NFTs. For learning purposes, this platform is great in comparison to fees, but it is still a challenge to present to an existing client who is looking to just purchase airbrush art on a physical item. As we test and look for the right solution, she is sharpening her skills on the digital creation for the NFTs. Meanwhile, I have time to focus on the financial side of these projects we are currently tackling.
One topic brought up quite a bit is Generational Wealth. This is one of the focal point in our project is being an example of how that might work. My daughter is also business partner, especially in the technology, for it is what will have an effect on her daugher as she grows up. How about teaching financial literacy from a very young age, where at maybe 4 or 5 years old, she can have an allowance of tokens that she can multiply in passing levels in certain educational games. So the gaming sector is very important in choosing utility. Especially because we could be involved in the direction of finding educational games that meet our criteria to ensure their success. This would involve creating liquidity pools, staking and investing in the financial side of these operations. Avalanche is one that has peaked my interests involving art, education and gaming. Question is, how soon will those tools be available? I kind of need them like yesterday.
On and off ramping has been an issue for me quite a bit. It is part of the reason I search for alternatives to collecting in crypto for the services I am providing in multiple forms of businesses. One gateway for multiple streams of income. I hear corporate giants announcing upcoming events where they will be doing those very things. Expedia was a platform I heard accepts crypto. Could I possibly buy a plane ticket there? And what system are they using to accept fiat and crypto payments?
I saw there is a company offering services where they can accept crypto, offer rewards to their clients and have their order picked up and delivered. They are working on this system with Uber but to my knowledge this is currently being catered to restaurants.
This ties in to how I see the experience happening for my clients. I imagine my customers either ordering their desired airbrush art in person or online. Then they can watch the project done live, either in person, online such as YouTube live or through Virtual Reality. Once the artwork is complete, the customer could pick up in person or have it delivered via Uber Drop Offs or another form of delivery service available for the price the client desires to spend. That is how far I desire to take the experience for the airbrush services I am providing, all for the cost of what I am currently charging now.
Currently for Wearable Arts NFTs I target $100 US Dollars and up. For canvas artwork $1,000 and up. And for murals on walls, cars and bigger projects $$5,000 and up. With it, the client will be the owner of the NFT art they have purchased. I do not plan on offering discounts for art services. If anything, I will be increasing the prices so that the price of the art that clients have investing in me will go up as well.
What I would like to provide for my clients who purchase NFT art from us sometime in the future would be crypto courses to be better educated on the investment of the artwork they have purchased. I would also want to include opportunities that others have done once they have purchased an NFT art. Once you own the digital image of the single piece of artwork I create it, you own the rights to that artwork you purchased. Therefore, NFT owners can take the art to a printing company and have their art done on multiple items in variations of price and amounts. We aren't quite there yet. In fact, most of these features aren't available for the general public and small business retail owners, from my research and to my knowledge. I am continuing to search for the best solution for all these current issues I have faced in the crypto space. As you can see, I am not a gambler buying crypto meme coins for the f of it. I am an innovator attempting to bridge physical and digital art. There is a current need for me to obtain payments in crypto. Especially because centralized institutions controlling fiat money decide how much I can put into my account before they say I have done enough transactions or amounts.
I think that just about covers the whys and how I plan on using the technology in my day to day business and life. So on my portfolio, one of my historical assets I have been using is Matic on the Polygon network. So even though the positions in liquidity pools that I currently hold in the Polygon network might not be the most profitable, these moves provide historical data that I can use when entering into new investments. I have this information and current earnings from this network as a gauge to compare stats to as I continue my research.
The way I can metaphorically explain these liquidity pools, they are like irrigation channels I am creating for future development. As the connections have been made and swaps will be have to be made back and forth, we can collect those fees while we jump back and forth learning features for other purposes, be it gaming or arts and creations or anything else. Should the platforms not suit our needs, we swap back to a different platform and close our water flows to that area and try somewhere else. I am pretty sure it was Bruce Lee who said "let it flow like water, my friend."
Stars on the Cosmos ecosystem has been working quite well for our experiments and development. In the beginning of my experience, I had to go through Osmosis blockchain to get Stars. Therefore I learned how to create concentrated liquidity pools on the Osmosis blockchain that has been doing quite well. These are the platforms and strategies I was using before joining an earn $3 a day investment challenge with UIG. I say that because I feel, my opinion, that the knowledge I am obtaining with this community is incredible. I am trying not to FOMO and using DYOR method as I continue to go through the lessons to connect ideas and vocabulary to some of the experiences I have had in the crypto realm.
By using the techniques of trying things out myself in small amounts, I have reached a projected amount of earning $3 a day. I say projected because the historical data shows me averaging $1.40 a day. The new moves I have made are only a day or two old and on a downward breath out in the market. With many assets in red, the numbers are staying sideways at a steady $1.40 average in a week's worth of data. I have also been with UIG for about two weeks now. There is a ton of information there that I did not know that I am still receiving and downloading, absorbing and applying. And this is only the first challenge. How exciting is that? The next challenge is making $10 a day. Very exciting to think I can earn that and only then can I claim beating that challenge.
I will make a part 3 to this going into detail the strategies I am selecting once as I continue researching and observing these new strategies. Thank you for reading and if you investing in owning this piece of writing, thank you even more. I am always working on learning how to get paid for writing, music and art. As I achieve my goals, I plan on teaching my skills to fellow writers, musicians and artists so that they too can capitalize on their investments and energy. In order for me to show creators that it can be done, I have to be able to have evidence that I am able to achieve success in these strategies I have chosen.
#AlexAirbrushLuna
