By Teeka Tiwari, editor, The Palm Beach Letter
The initial “stock” offering made $7.5 million in a matter of minutes…
SingularDTV is a blockchain-based platform for independent producers and filmmakers.
It uses “smart contracts” that are executed and enforced by computer programs. Users of the content pay its creators directly via these contracts.
This new model virtually eliminates the need for third parties like YouTube and Netflix….
In other words, SingularDTV will give creators full control of their content.
If you want to watch or listen to content on SingularDTV, you’d pay the creator a “token” called SNGLS. A token is like a cryptocurrency. SingularDTV would charge a tiny transaction fee to keep the platform running.
[Think of a token as a digital poker chip. You can store it on your computer or mobile device and cash it in later.]
We don’t know whether SingularDTV will take off. But here’s why we’re telling you its story…
When the venture group behind SingularDTV went public in October 2016… it issued a new type of “share” to fund the startup.
The group raised $7.5 million in cryptocurrency… in less than 10 minutes.
SingularDTV is not the only example.
The blockchain gaming app FirstBlood also issued “shares” when it went public in September 2016. It raised $5.5 million in cryptocurrency… in a few minutes (some reports estimated the money was raised in less than 60 seconds).
It could likely be the fastest crowdsale ever. In fact, the sale went so fast, nearly half the investors who wanted to get in couldn’t.
This new type of market is about to explode… And I’ll show you how you can profit from these revolutionary new “shares”…
“Digital” Startups Level the Playing Field
Brand-new blockchain ventures are now “going public” with initial coin offerings (ICOs).
These are similar to the stock market’s initial public offerings (IPOs). But the important difference is major Wall Street money has yet to move into the much smaller ICO market.
Here’s why I’m so bullish on this market…
The biggest gains from technology (1,000%, 10,000%, or more) come from investing in private startup companies… before the public at large hears about them.
Think about “unicorns” like Uber, Airbnb, and Dropbox.
[A unicorn is a private startup company with a valuation of more than $1 billion.]
A few years ago, no one would have ever thought about ridesharing (Uber)… peer-to-peer property rental (Airbnb)… or cloud-based storage systems (Dropbox).
Today, these companies have private valuations of:
- $68 billion (Uber)
- $25.5 billion (Airbnb)
- $10 billion (Dropbox)
But only the “big boys” on Wall Street and in Silicon Valley are allowed to invest early in these types of companies.
If you aren’t an accredited investor worth at least $1 million in net assets, you’re out of luck.
That’s all about to change…
The New Way to Invest in a Startup… for Pennies
As I mentioned above, each blockchain runs on its own cryptocurrency (like the new SNGLS token)…
The currencies are “money” that can be spent or saved… but they also act as “shares” for blockchain startups.
As more people use a particular blockchain, its “shares” increase in price.
Unlike most startups that require you to be an accredited investor, anyone can buy “shares” in a blockchain startup. All you have to do is buy its cryptocurrency.
And you can do it for as little as $100…
The Perfect Asymmetric Bet
In November, we used this strategy to buy into a social media blockchain platform. At the time, tokens traded around 12 cents. Today, we’re up more than 45%.
We purchased another blockchain platform (this one’s a gaming app) for a few bucks. It’s now up nearly 130%.
In Palm Beach Confidential, we call these types of trades Asymmetric Bets. They have vast upside but limited downside.
It’s a way for the little guy to get in on startups with explosive potential. We’ve used our extensive network of industry experts to identify “shares” in these little-known blockchain startups.
A prime example of how this strategy works is bitcoin…
Just $100 invested in bitcoin when it was trading at one penny is worth $7.5 million today.
If you invested $100 when another cryptocurrency we own was trading at 30 cents (that was the initial price)… it would be worth $33,000 today.
My point is this: If you’re looking for life-changing gains, but you don’t want to risk much money… then you need to be involved in this space.
Would you risk $100 per trade over a basket of blockchain startups if even one of them could make you $33,000? I know I would.
If you want to learn more about this exciting new market, blockchain research group Smith + Crown has a website that maintains a list of ongoing and upcoming ICOs.
Now beware… There are hundreds of ICOs out there. And most of them are worthless.
My team and I have researched dozens of them for you. And we’ve handpicked five with the most potential upside—including one with a market cap of just $200 million and a price of $12.
One of my insiders believes it could hit $160 over the next year—a potential 1,300%-plus gain.
To learn why the cryptocurrency market is the fastest-growing market you’ve never heard of (it’s growing five times faster than the marijuana industry), click here.
But you must act fast… These plays are so tiny, we can only open the service to new members for a few hours more. After midnight tonight, the doors will close.
Let the Game Come to You!
Big T
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CHART WATCH
Silver is often overlooked… but it’s up 15% so far in 2017.
And the “poor man’s gold” recently broke out of a downtrend (see chart below).
Like gold, silver is a safe-haven play. But silver has much more industrial uses than gold. So silver doesn’t require chaos to thrive.
Look for this metal to do well as the commodity bull market continues.
—Nick Rokke
Big T’s 3-MINUTE MARKET MINDER
This is going to sound crazy, guys: $5,000 bitcoin could be a chip shot…
We’ve been touting bitcoin since it was at $450 per coin last year. Now it’s nearing record highs at $1,183.97.
PBL editor Teeka “Big T” Tiwari says we’ll see bitcoin prices surge even further because it’s reaching its mass adoption point (MAP). As we told you in the past, when a new technology reaches its MAP, share prices explode.
But here’s what’s driving bitcoin’s MAP cycle: ease of use.
The U.S. Securities and Exchange Commission will decide whether to approve the first exchange-traded fund (ETF) for bitcoin by March 11. Cryptocurrencies are still difficult for most people to buy. But if an ETF is approved, people will be able to invest in bitcoin with a few mouse clicks.
In today’s must-see 3-Minute Market Minder (transcript included), Big T says a new ETF would open the floodgates to institutional money. And that could quintuple prices.