so for year two of my journey to become a millionaire i've been trying some crazy
experiments with different crypto projects i feel like in the past i've mostly not paid
attention to a lot of the edgier lesser-known really small crypto projects out there because
of that i've missed out on a lot of the insane gains i could have gotten how to just you know
thrown a little bit of money into some of these projects because they ended up blowing up into
these massive projects that everyone knows today getting in on a good project early can produce
some insane upside and can turn a thousand dollar investment into sometimes millions of dollars
so lately i found myself exploring a lot of the darker lesser-known corners of the crypto space
and discovering a lot of projects that are pretty much in their infancy and not very well known
on top of that because i've talked about some lesser-known smaller moonshot projects in the past
i now get a lot of people who message me and they leave me comments just letting me know about these
upcoming projects or different projects i've never heard of and i go through and i check out every
single project that everyone recommends i dive in you know semi-deep on most of them and i'm
just looking for those hidden gem crypto projects that could blow up to be the next biggest crypto
project or you know maybe they have an insane awesome yield or an insane awesome strategy or
like this lesser-known new trend that's coming out and one of those projects that i got recommended
came from a guy named fionn also fiona if that's not actually how i pronounce your name i'm sorry
i don't know i've never heard of this name it's an awesome name he sent me a message saying he
had an idea to help me with my one to one million challenge and i get a lot of messages like this
pretty much all the time but i'm always interested to hear what people's different ideas are so
i sent him a reply and i said sure what's your idea and he told me to look into a project called
strong notes and said that he used strong nodes to produce passive income for him instead of having
a job obviously that sounds like something i'd be super interested in so i immediately went to check
it out i went over the strong notes website and it was a pretty bad looking website for most people
the first impression they're gonna get of a crypto project is checking out the website and when it's
a really poorly designed website for me it's just a big red flag if you have a cheap website then
you probably have a cheap project and you haven't put much effort into it that's not always the case
i've seen really great websites where it's a really bad projects and i've seen really horrible
websites where it turns out to be a great project but i feel like most of the time the website does
give you a general impression of the quality of the project on top of that i was in general just
really confused about what strong notes were or what their purpose was he told me that each
node produces around three strong a month and at the current prices when he was messaging me
it came out to around sixteen hundred dollars a month that definitely caught my attention and
made me wanna dig a little bit deeper into the project and just learn a little bit more about
how it works before writing it off i went back to their website to learn a little bit more here's
what their website says nodes provide crucial blockchain data yet aren't rewarded so there's
no reason to stay in compliance to solve this we let you launch compliant nodes in seconds
and receive rewards honestly i was just more confused after reading this i'm not like super
into crypto mining but i'm pretty sure nodes are already rewarded as a part of proof of work but
they were saying that they weren't rewarded i was searching for more information i went over their
faq and i was able to find this it says does my node confirm transactions and then the response is
no this isn't a validator or miner type node i had never heard of any other type of node other than
the ones used for mining i didn't know there was other types of nodes that support the blockchain
and i was kind of curious like if there are other types of nodes and they're important to the
blockchain ecosystem why is it that these nodes aren't typically rewarded what do they do and if
they aren't rewarded who's taking the time to buy these things and set them up and for what purpose
and after continuing to search through their website even more under the about us section i
found another clue now i'm going to read through this and i'm sorry if i'm jumping all over the
place but i'm just kind of taking you through my journey of learning and understanding what this
thing is it says miners record transactions and synchronize them with other miners upholding the
integrity of the blockchain miners are compensated nodes are responsible for keeping a full
up-to-date copy of all blockchain transactions and providing access points where that full copy
can be quickly accessed by blockchain applications nodes are typically not compensated after that i
feel like i kind of was understanding the general idea behind strong blocks the problem they were
aiming to solve and in general how they work but my biggest question was that if these nodes aren't
typically rewarded then where in the world is that value that sixteen hundred dollars a month
coming from that fiona is getting each month to help me kind of figure this out i decided to look
more into the strong token how it works how its tokenomics work and get a general grasp of the
ecosystem that they're creating and where they're pulling the sixteen hundred dollars from the first
thing i learned about strong tokens is that they are used to buy nodes you need ten strong tokens
to buy one node and one node typically produces on average per month three strong tokens so i started
calculating that out in my head and in general to get back my initial investment if i bought a
strong node it's gonna take me a little over three months to get back my initial investment and then
from there on out i'm just making pure profit on top of that it's also a governance token which is
a pretty common use case for uh different crypto projects uniswaps uni token is a governance token
as well and the last thing i learned about strong is that in order to keep the rewards ongoing
that they have different happenings for the amount of rewards each node is receiving
as time goes on if you don't know what happening is bitcoin does the same thing where every four
years the total amount that each bitcoin miner is able to mine is cut in half per block this might
sound like a bad thing but almost always when this happens the price of that asset in the next six
months or whatever ends up doubling or tripling it just ends up skyrocketing because less supply
is going into the market which causes the price to go up from all this i started to form a more
complete picture of what strong blocks was all about in general they saw a problem where there's
these nodes that are really crucial to different blockchains that nobody's really noticing nobody's
really paying attention and nobody's really taken care of because there's no monetary incentive to
do so seeing an opportunity they created their own crypto project strong block with the aim of
raising capital to create more nodes creating an ecosystem of value to reward people for purchasing
these nodes and the real product for strong block as a company is they're actually able to go out
and get paid by these major blockchain projects for providing infrastructure for the ecosystem
the next thing i really wanted to learn was who's behind the project a lot of times you have these
projects that are run by anonymous teams they do that for a lot of various different reasons but
it's always kind of sketchy because you never know what they're going gonna do they could
without really any consequences tear down the whole project take all the money for themselves
and nobody will know who to charge for a crime or even to go after because they were anonymous the
whole time i was pretty quickly able to find that the team behind strong blocks is not anonymous
in fact the team that is running strong blocks are all blockchain veterans that come from the
company block one and if you're not familiar with block one it's a pretty well known and big name in
the crypto space the ceo for strong blocks is a guy named david moss and he was the senior vice
president at block one their cto is a guy named brian who also comes from block one and their cpo
is a guy named corey who's an ex-executive at nike this is a team with a solid track record
actually running a business and their aim with their project is to create a real viable business
that can sustain itself like i mentioned their ultimate aim is to actually rent out these nodes
to different major blockchains and produce an actual profit for the company currently their
nodes support ethereum 1.0 and they just announce a new partnership with phantom and in the future
they plan on rolling out nodes for bitcoin they plan on rolling out nodes for ethereum 2.0
and a lot of the other major blockchains in the space and although right now strongblocks
as a company is very very centralized they do have an eventual aim to become gradually more
decentralized over time the last thing i really wanted to know was just how well does the project
work alongside the community are they going to make a decision that's going to screw over
all these people who've bought nodes or are they pretty closely intertwined with community and
respond to feedback and fiona told me that in the past they have made a few controversial decisions
and every time that they've made a controversial decision that the community didn't like they
ended up abandoning that decision in favor of what the community wanted after reading and
learning all of this different stuff i felt like i finally had a grasp on how the project worked
i finally felt like i had some confidence in the project and i was really really excited to
throw some money down and try this thing out so i decided to take a risk to go big and i dropped
ten thousand dollars to buy 20 strong and get myself two nodes the process to buy the strong
and get my nodes set up was pretty simple i just went over to kucoin i bought the strong
i sent it to my ethereum wallet and then i had to click through a few buttons pay some gas and
i was able to get my first node set up and to be honest it felt really awesome buying this
node a lot of the gains that i've made in crypto never really feel like real money for some reason
like even though i on a screen see this money i'm making and it seems like a lot it in general never
feels like it's real money i'm making it in a sense i don't know if that makes sense to some
of you guys but it just always kind of feels like monopoly money because i'm never actually pulling
it into my bank account but for strong nodes my plan each month is to actually cash out my
gains and put it directly into my bank account so it's going to be a source of passive income for me
and so in that sense i got really excited about the prospect of actually having some cash flow
come into my bank account so i bought my nodes i got it all set up one thing that's interesting
about strong nodes is that you actually have to pay a monthly fee to maintain your notes if
you don't pay that fee you actually lose your node which would really suck considering how much money
that it costs the fee is only 14 but because you have to pay ethereum gas fees it typically comes
up to about 50 bucks so i went through and i paid my fees i could you could pay it out to 90 days so
i paid it all the way out to 90 days because i'm like don't want to risk even the possibility of
forgetting to pay my fees and losing my node after about a day i went and checked my strong node
earnings and i'd made around 65 bucks which felt kind of cool because i hadn't really done anything
except for buy a node and then slept and then ate breakfast and woke up and i'd made 65 bucks
and then over the next week the rewards just kept piling in and i kept seeing the rewards get bigger
and i kept getting more excited about strong notes it's there's something that happens
there's an effect to it i don't remember what it is but it's a psychological thing that when you
invest in something you get more bought into it and you're like oh this is the best thing ever and
suddenly you think it's the coolest project ever you've probably had this happen to you when you've
bought in a crypto project you're like really skeptical about and then you buy it and you're
like oh actually now i love this project it's so awesome and i'm actually a full-on believer
in this project well i'm not immune to that that happened to me i bought my nodes i saw my rewards
kept going up and i'm like i'm stoked about this i'm really excited and although originally
i planned on not buying any more nodes until i'd gotten my initial capital out and this is
all sounding very irresponsible of me but i did do it so i'm just gonna tell you about it i decided
you know what i'm going big or going home and i'm just gonna buy four more notes because that makes
sense right i just learned about this project and i'm going all in so what i did is i bought
four more notes i went on set up my nodes i named them all after different destiny guns that were
awesome back when i played destiny i was pretty stoked on i was like yeah now making even more
strong passive income can't wait till i'm gonna cash this thing out on top of that i was telling
my father-in-law about strong nodes and he was all in on it and decided that he was going to
buy six nodes right out of the gate and he just literally the first thing he did was buy six notes
he's crazy he doesn't mess around he just uh he just jumps full full uh face into it i don't know
what the saying is he just jumps all the way in and says hey i'm just doing this so we both have
six notes i'm pretty stoked and a couple days go by i'm sitting in it i'm checking my node
rewards and i'm like you know what makes a lot of sense let's buy a seventh note because because i'm
all in on this so i go and i buy a seventh note because i'm just super stoked on this so now here
i am fiona tells me about this project i do some research i jump all in on this project drain my
bank account buy seven nodes now i'm just doing the numbers i'm looking at the gains i'm making
i'm like calculating future earnings and i'm like there's no way this doesn't turn out awesome to me
in that moment i was making a genius decision for my future fast forward two weeks i go log
into my strong account i go to check it and after two weeks i had made five thousand dollars in two
weeks in two weeks i pulled in five thousand dollars and i look at myself in the reflection
of my computer or in my mind and i think to myself you know what makes a lot of sense right now jesse
let's buy nathan node so that's what i do i cash out my strong and i'll buy an eighth node that
was six days ago from the time of this recording and in the last six days i've made three thousand
nine hundred and sixty nine dollars i shared all that to show kind of the journey of me formulating
a plan and just failing to do that plan over and over again because i got caught up in the greed
and the hype and the emotion of everything and randomly in this one circumstance
everything worked out amazingly and i'm not you know it didn't suck but typically what i did that
exact cycle is actually a horrible way to invest it is the exact opposite of what you want to do
but it's hard you know you form a plan you want to stick to that plan and your emotions sometimes get
the best of you when that plan is working a little bit too good if some of you guys are a little bit
concerned i'm going to go out and buy 9th node i will say right now on youtube i promise i will
not buy a ninth node the rest i'm gonna cash out my plan from this point on is that over the next
3.8 months or however long it takes i'm going to be cashing out everything i initially put in
and then once i've gotten all my gains out i might after that you know flip some of those gains into
future notes and keep expanding but not until i've gotten all my initial capital out back in the bank
account or back reinvested into other things uh possibly now in a lot of my past projects i like
to go through and i like to rank the risk of the project on a scale of one to ten you've heard me
talk about anchor protocol i would consider anchor protocol to be a risk level three it's really not
that risky in my opinion it's just a place you can put your money you can get 20 annual interest and
it's awesome auto cake i would consider to be a 7 out of 10 just because auto cake is highly
dependent on the price of cake i've talked a lot about code on this channel and i rank it a 10 plus
so like beyond the scale of 1 to 10 i call it risk level rambo just because smaller projects like
codes are so volatile and just risky by nature because they haven't gotten adoption they don't
have that base of adoption yet and it's kind of an against all-odd sort of situation like you're
investing in it and it's kind of like if this survives it's going to be against all odds and it
happens sometimes like you do have projects that do but in my opinion it's like a pretty dang risky
kind of investment but for strong block i'd personally put it at a risk level 7
about the same as pancake swap he's got a pretty decent market cap at around 80 million for example
coach has a market cap of 10 million and cake has a market cap of 4 billion so strong is a
small project but it's not a super small project and when they created strong in the tokenomics
for it they were pretty smart in that they created it to keep the price relatively stable and so far
it has achieved that pretty well in fact if you look at a chart the last time we had like the big
crypto sell off and everything crashed the price of strong actually went up when that happened
and for me the biggest confidence booster that made me rank it a 7 out of 10 is just the team
that's behind strong blocks knowing that they're a highly experienced team that comes from block
one and they know what they're doing and they're public and there's no risk of rug pull all that
gives me a lot of confidence in the project and for me when i'm calculating the risk of
me investing in this project my big gamble is do i think that this project will survive three and
a half months do i think that it'll continue to be stable for the next three and a half months if
so i can get all my initial capital back and then my risk is zero i have all my initial capital back
uh money's just invested all the rest is profit and when i personally decided to weigh that for
myself i decided you know what i think it will survive the next three and a half months and
i think it could definitely survive a lot longer than that i think it could survive
the next three four five years and with that being said i think there's a huge potential payout for
me once i get my initial capital out this thing could continue to generate passive income for me
for years and years and years at least that's the hope if you guys are interested in seeing a
tutorial for how to get this all set up let me know in the comments below and i already know
like the top comment i'm gonna get is just people saying that this is so expensive and
like how are they supposed to get into it when it's so expensive and i just wanted to remind
everyone that in general for this channel a lot of what i'm sharing is just my journey
to get to a million dollars and this is just where i'm at my journey i'm trying to get from a hundred
thousand dollars all the way up to a million so i gotta make these kind of bigger plays
uh and i do have capital to play around with after my first year at this point but i can
say had i discovered this earlier on in my journey maybe when i didn't have as much capital to play
around with i still would have tried to capitalize on this opportunity if it was me how i probably
would have done it is i probably would have teamed up with a few people i knew we would have all went
in on the node and if i had like zero money then what i would do is i would go to find somebody who
has a lot of money but doesn't know anything about crypto i would tell them about the opportunity and
i split it 50 50. they put up all the money i'll do all the expertise we'll split the profits 50
50. but obviously i don't know you guys situations i don't know where you're based out in the world
and i don't know you know everything about it so you got to kind of figure that out for yourself do
your own research if you guys have any questions let me know in the comments below and let me know
if you want to see that tutorial if this video was helpful or if you just want to help my channel
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