
3 minute read
EVAN LUTHR A
from LAPSOFLUX - 001
by LapsofLux
BY: KARA GRANGER
PHOTO’S COURTESY OF EVAN LUTHRA
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INVESTOR & CRYPTO EXPERT EVAN LUTHRA DELIVERS SOME REAL GAME
What type of projects are you looking for when you’re investing?
Evan: So I invest in all kinds of industries, all kinds of products. I mostly look for technology-first based companies that are using technology to disrupt an existing industry. Even though I’ve invested in over a hundred companies equity-wise, outside of crypto, at this moment, my full focus is on crypto. I did about 200 investments in crypto in the last six months. And equity-wise, we do a lot of due diligence here, our whole process teams, et cetera, but crypto, it’s a very different model. And I think it’s a reflection of how the blockchain works. It’s peer-to-peer trust. Right?
What are my top five investments today?
Evan: Obviously you’ve got to hold Bitcoin, Ethereum, Solana. Top three of the ones I hold. Then I also have Nakamoto Games, which is one of my top holdings right now. They’re doing really well. I have a few more. I have GAINS that’s doing really well that I’m involved with. Polka Fantasy, that’s done really well, that I’m also involved with. There’s a few good tokens, but these are some of the good projects I like.
Where
is crypto going? How can it improve?
Evan: I think it’s a massive disruption. Its just so exciting, like how the idea of Bitcoin is truly amazing. I love it. It’s one of my massive holdings, but the most exciting thing about Bitcoin is it gave us the idea of decentralization. It gave us a concept that you can take power away from a standardized institution and distribute it back to the masses. That’s the really exciting part. I think that’s where we’re going to see more and more happen. Decentralization happen across more industries, more ecosystems, more processes. That’s going to make us a better society.
Being at conferences, what have you learned about the industry from the inside?
Evan: Like I said, I think it all comes down to community and how much value you add? Crypto is a space of all those most of the smartest people in the world, right, and they all have massive value add to provide. So, the more value add you can provide, the better it goes for use and the more value you get back. And, it works all about community. The more you help others, the more you gain and that’s the number one thing I’ve learned. I’ve had some people who tried to help me, work with me, and there’s so many cool projects, and honestly, you don’t even need money to get started at crypto. Like you can just start, join a project, like it, learn about it, join the community, be an active community member, start adding value, bring partners, manage and moderate the community, get invited by the people, get invited in the company. I know so many community managers who went up to became CEOs of top, top projects. So, this is what I will tell you. Start by adding value and it doesn’t take money. All they need is your attention.
Largest crypto purchase. What did you spend the most crypto on?
Evan: Interestingly, the largest one would probably be land, and finally land in the real world if you ask, and land in the metaverse. I bought a piece of land next to the beach in a beautiful country in the Caribbean, and then I also bought a beautiful piece of land also on the beach in metaverse. Both are the highest purchases... The metaverse purchase is actually far more.



Would anyone be led to the crypto industry? How early are we?
Evan: SI think we are still very, very, very early. One thing I do is, every time I go out and I meet interesting people and ask them, even waiters who do great service to me, I ask them, “Do you have an NFT,” because I have a bunch of NFTs, I want to give people NFTs. I send so many NFTs from other people, projects who want me to promote them, so I just always pass them on. Most of the time, believe it not, 90% of the time, the waiters, the people I meet, they don’t know what an NFT is. We’re still very, very early.
Speaking of pace, remember, technology grows exponentially. Once you reach that J curve where enough people know about it and use it, then it’s like everybody knows about it and uses it. But we’re still pretty early, so I would say if anybody’s thinking about it, go ahead. You’re very early days right now.
What type of projects are you looking for when you’re investing?
Evan: So I invest in all kinds of industries, all kinds of products. I mostly look for technology-first companies that are using technology disruption in existing industries. At this moment, even though I’ve invested in over a hundred companies equity-wise, outside of crypto, at this moment, my full focus is on crypto. I did about 200 investments in crypto in the last six months.