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A story without magic and without 'I just got lucky'

I will explain in simple terms how I worked on one low-profile DeFi project and why such topics still make money.

I constantly look at new projects that are hardly discussed anywhere. Not the ones that all the influencers shout about, but quiet ones, without noise and advertising. Such topics are usually called (Under the radar).

One day I stumbled upon the DeFi protocol Nemesis.

If it's really simple — it's a DEX, but with an unusual idea: you can trade tokenized events and bets there.

Why I even paid attention

1. Almost no one talked about the project

2. He had no top investors

3. The idea was unconventional

4. The project has already appeared a couple of times in the working information field — not by chance

I dug deeper and learned an important detail:

In Nemesis, a token sale was planned through NFT.

What this means in simple terms

• Only 2,100 NFTs were issued

• Each NFT gave the right to buy tokens for 0.05 ETH

• NFTs were distributed through free daily giveaways

• Participation was possible without investments

I understood a simple thing:

NFTs are few → people are few → good chance → almost no risk.

What I personally achieved

I managed to:

• win 1 NFT

• participate with her in the token sale

• sell the asset after the token release

As a result:

• my expenses — about $1.5 (fees)

• net profit — about $1,320

Without leverage, without trading, without 'guessing the bottom'. Just saw it in time and worked it out carefully.

And now about those I know

I know guys who approached this topic on a larger scale and used a farm of accounts.

Their numbers were completely different: dozens of NFTs

The total reached ~ $12,000 with very small start-up costs.

Main conclusions

1. Money is made not by loud projects, but by quiet ones.

2. Investments and beautiful websites guarantee nothing

3. Less noticeable projects often give away more than Tier-1

4. Profit is not luck, but search + analysis

5. The most important skill is to be able to select projects yourself, rather than believing every influencer.