Bankless: A Player’s Guide to the Crypto Industry for 8 Types

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MarsBit
09-21
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Eight basic roles of Crypto™

Original title: Choose Your Bull Market Character Class

Original author: David Hoffman

Original source: Bankless

Compiled by: MarsBit, MK

Crypto™ brings you hundreds of new chains, thousands of new tokens, and countless ways to play. In a world full of challenges and opportunities, choosing a character class will determine your adventure. Different character classes have unique skills and paths to help you stand out in the world of Crypto™. The following content is compiled by MarsBit

The latest launch of Crypto™ presents you with hundreds of new chains, thousands of new tokens, and countless ways to indulge in the game!

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Endless wealth and opportunity await those brave enough to successfully navigate the Crypto™ frontier. Don’t forget to rack up some profits along the way! You'll want to make sure you have enough to cover your taxes in 2026-2027, while still being able to afford the 2028-30 version of Crypto™ to continue your adventure.

Good luck!

Select your character class To delve deeper into the world of Crypto™, you first need to select a character class.

In Crypto™, each character class symbolizes a unique gameplay strategy and path to success. While you're free to create a custom build and follow your own path, your journey will likely intersect with these existing character classes.

As you browse this guide to Crypto™ character classes, take note of which characters capture your interest and passion.

In this guide, we’ll take an in-depth look at the eight essential roles of Crypto™:

  • TokenDegen
  • technical analysis trader
  • NFT collector
  • DeFi Farmer
  • Twitter influencers
  • content creator
  • airdrop hunter
  • silent currency holders

Remember, Crypto™ players don't have to be limited to a single character class. The abilities of different character classes can work together to significantly increase effectiveness. Full-time Crypto™ players can develop multiple skill trees simultaneously, while multiple character classes give players more options when faced with challenges or difficulties, as well as an additional "lucky" status boost.

Players who complete certain achievements and honors can also unlock new character classes such as:

  • TradeFluencer, a dual role designed for players who dig deep into the trader and Twitter influencer role categories.
  • Special roles unlocked through the Content Creator role class, such as Researcher.
  • Venture Capitalist, this role can be achieved through the evolution of multiple basic role categories.

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Token Degen 🎰 :

When first stepping into the crypto world, most players tend to choose the Token Fallen as their starting character. That's because tokens are the core mechanic of Crypto games, and everyone pretty much defaults to becoming a token Degen until they explore other alternative character classes.

Token Degen is committed to exploring the frontiers of Crypto, striving to find valuable tokens earlier than other players. Although the process is fraught with dangers and pitfalls, the hidden treasures and potentially high rewards make it all worth it.

While many players choose to become a Token Degen , many miss out on other roles that may be a better fit for them because they don't understand the other available character classes and their corresponding skills and perks.

Toolbox:

  • DEX filter
  • Gecko terminal
  • TokenSniffer

Evolution and categorization:

  • Community Leaders — Token Fallers sometimes find a token they like very much and transform from nomads to settlers. They will stop roaming and settle in a place where they feel at home, forming a community with others who have chosen this token to share insights and knowledge.
  • Twitter Influencers — Token degenerates can share their findings and analysis via Twitter and serve as guides for novice players, demonstrating the skills necessary to explore the token frontier.

Example:

  • Eric Conner
  • James Trautman
  • mixbymatt.eth

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TA Trader📈 :

Trader is probably one of the most traditional role classes. Technical analysis (TA) traders are not limited to the cryptocurrency world, they often view Crypto games as a platform to earn virtual currency and then use "real world currency" to purchase new players.

However, many traders find that the game is actually quite fun, and upon further exploration they may choose an additional role class to refine their skill path, transforming from a mere profit-seeking player to a more committed and focused player .

Toolkit:

  • TradingView
  • DEX filter
  • Dune analysis
  • DefiLlama
  • Parsec

Evolution and common careers:

TradeFluencer – When traders choose Twitter influencer as their common calling, they evolve into a “TradeFluencer.” This type of person begins to make their trading activities public and gain influence when a deal is successful. They attract a group of traders who follow them to copy trade or check technical analysis against each other.

NFT Collectors - Sometimes, after trading large amounts of Crypto, traders may start trading digital art instead of just tokens. They often get to this point after realizing that most assets are essentially meme-based. After all, the market is still the market, so why not enjoy and trade JPEG images? 🤷‍♂️

Example:

  • Ledger
  • Andrew Kang
  • Light
  • GCR

content creation NFT collector

describe:

NFT collectors are art lovers in this world who purchase digital artworks they admire directly from artists or through secondary markets like OpenSea. Whether it’s a 1/1 unique piece or an algorithm-generated art series, they are able to see the value behind the work of new and old artists, looking for crypto art that they think will appreciate in value in the future. A good collector collects out of love, but they also understand that wise choices may result in higher value in the future.

Toolkit:

OpenSea

  • Art Blocks
  • Foundation
  • Zora

Evolution and common careers:

NFT Influencer – When NFT collectors choose Twitter influencer as their common profession, they become “NFT influencers.” These people begin to publish their collections and trading experiences, and accumulate influence when trading successfully. They attracted a following of copy traders and collectors who shared their tastes.

Example:

  • 6529
  • DeeZe
  • Vince Van Dough

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DeFi Yield Farmer

describe:

DeFi Yield Farmers are a role class that has been at the forefront since joining the Metaverse game in 2020. Their strategies are diverse, large and small, and their flexibility to adapt to changes in the crypto market is a hallmark of them. Their return strategies can be tailored to the current climate of the crypto market and can be risk appetite, risk tolerance, or anything in between.

This is how Yielders play in the Crypto market - constantly finding the optimal balance between risk and reward. They all want to accumulate more tokens, with some content with collecting governance tokens, while the more enterprising prefer to sell their rewards as quickly as possible in exchange for their preferred cryptocurrency.

Toolkit:

  • Index DeFi
  • DefiLlama earnings
  • vfat.tools

Evolution and common careers:

Silent Staker - Adventurous DeFi income farmers will find a natural harmony when they choose Silent Staker as their common profession. Their ETH-staking deposits provide a reliable foundation to rely on when venturing into the deeper layers of DeFi yields. They can convert DeFi earnings into ETH earnings to ensure their profits continue to grow. It’s all about compound interest, baby!

Protocol Administrator – If you accidentally mined too many governance tokens, or your “package” grew too large to easily bring it to the market, congratulations, you are now a protocol administrator ! Now that you have significant voting power over the DeFi farm you’ve been farming, it’s your responsibility to ensure its health and longevity, otherwise you’ll never be able to liquidate your gains.

Example:

  • Patrick Scott
  • 563

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Twitter Influencers 📣

describe:

Twitter influencers are the bards of the cryptocurrency space, eager to be heard and liked. While each has their own tone and style, they all share the goal of building a personal brand. For many people immersed in the cryptocurrency world, becoming a Twitter influencer is a stepping stone to more professional fields such as venture capitalist, research analyst, or social media manager.

However, you need to be careful when choosing this path, because "likes" and "retweets" can easily become addictive and addicted to the illusion of reality. There is an art to maintaining your original intention while pursuing your goals. Not having clear goals can lead to people inadvertently falling into spam and engagement farms, hindering progress in other areas.

Toolkit:

  • Twitter
  • Typefully

Evolved and shared categories:

Content Creators – Sometimes one perfect tweet isn’t enough, and Twitter influencers may turn to longer-form content such as newsletters or podcasts, which while means more effort and challenge, also leads to deeper exploration. and expression.

Venture Capitalist – The VC career is about more than just having a large Twitter audience, it’s more about having excellent investing skills and vision, but having a certain amount of influence can definitely increase your competitive advantage.

Researcher – Some Twitter influencers may choose to deepen their analytical skills and thus become an “alpha” source, which usually means they are working towards becoming a top researcher.

Example:

  • DeFi Edge
  • Thread Guy
  • Gabriel Haines

content creation Airdrop Hunter🏹

describe:

With patience as their core skill, airdrop hunters participate in tokenless protocols and relentlessly seek unknown rewards, often without clear guidelines to guide them. They usually actively interact with Web3 projects in the hope of earning tokens for their efforts.

But this strategy is not chosen haphazardly, they require excellent research skills to find promising projects. With such effort and focus, they can not only discover valuable airdrops but also further develop their research skills.

Toolkit:

  • Bankless Airdrop Hunter
  • Bankless Claimables
  • DeFi Llama Airdrops

Evolved and shared categories:

Researcher – It is possible for airdrop hunters to evolve into researchers, who are able to trade with confidence and go the extra mile to find “alpha”, finding valuable and attractive projects in tokenless protocols.

Example:

  • Jack Inabinet
  • OlimpioCrypto
  • wagame.eth

content creation Content Creator 🎙

describe:

Content creators have mastered a unique skill of capturing and keeping the cryptocurrency community’s attention. They are diligent in producing high-quality content and can choose from many different evolutionary paths. They can deepen their research and analysis and open up a path to researchers or venture capitalists; they can also choose to focus on a specific application or field and become a community leader.

However, becoming a great content creator is not easy, it takes time and effort to hone and perfect the skill.

Toolkit:

  • Substack
  • Mirror
  • Podcasting Setup
  • Midjourney

Evolution and common categories:

Venture Capitalist – By mastering narrative and argumentation skills, content creators can become highly regarded venture capitalists.

Community Leader – Content creators can choose to delve deeper into a specific topic or project and become an expert and leader in the field, highly recognized by fans and the community.

Researcher – Content creators and researchers are a perfect match because they can combine in-depth research and high-quality content to provide their audiences with a richer and diverse perspective.

Example:

  • Anthony Sassano
  • William Peaster
  • Carly Reilly

content creation Silent coin holders 🤫

describe:

Silent holders are a special type of player in the cryptocurrency space who quietly and steadily accumulate their preferred assets. They do not rush for results, but rather take time to prove the correctness of their strategies.

They may have jumped into the field in their spare time or on weekends, but they remain steadfast and patient about the opportunity to build generational wealth.

Toolkit:

  • LST token
  • Rated.network
  • Beaconcha.in

Evolution and common categories:

DeFi Yield Farmers – Sometimes, over time, silent holders are attracted by the opportunities realized by less adventurous DeFi Yield Farmers. They can also use these two categories to diversify and adjust their risk appetite. They may also venture into this category after deciding that they want to invest more time and energy into Crypto™. Case: RSA DCinvestor Nixo

Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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