# #100K2025 Car to Crypto to Income Challenge

### On December 22nd, 2022 I sold my car for $20,000. I am investing this money into digital assets (crypto) in order to generate *at least $100,000* in passive annual income prior to the end of 2025. I will be making these investments exclusively within the **Iota - Shimmer - Assembly** Ecosystem. You may track the details of these investments here on this page. Please do follow me and join in on the conversation on Twitter **@DigidusPrime**.

(Numbers Updated Every Friday)

## Quit My Day Job?

It’s been two weeks since my last update. I have been working my @ss off, and I have been geeking out on researching the Federal Reserve, inflation, Fiat vs Currency, and other fascinating topics. My big takeaway is threefold: 1. Don’t panic sell, be calm, and wait for the cycle to move forward, 2. Don’t…

## Shimmer EVM is ALIVE (on testnet)….

So this week after testing staking with 40,000 $SM on BitForex, I dropped the rest of the Shimmer bag into their staking feature while we wait for the Shimmer EVM testnet to work out it’s bugs and fully launch. At that point, I expect many more yield-earning opportunities. For that reason, I chose a number…

## The First Shimmer of Staking….

TODAY – A big surprise today!!! I saw on Twitter that BitFinex has initiated Shimmer $SMR staking! I set up 4 stakes to get that Yield Going! EVM is around the corner so I want to keep most of my $SMR ready for the higher yields I am expecting…. Shimmer BitForex Stake 10,000.00 4.00% Flexible…

## Too Many NFTs? – CryptoGin

FEBRUARY – So Yield is the key to my plan. I converted some of my $SMR to $MIOTA in order to buy 3 CryptoGin OG NFTs. I just could not pass up the opportunity to buy in and support one of the first real-world Crypto-NFT-PRODUCT rollouts on the Iota Shimmer Network. Each of the NFT’s…

## Community Activities Pay Off

EARLY 2023 – Nothing is better for a portfolio than Free Assets! Participating in various activities on Discord and Twitter yielded 3 SUPER Awesome NFTs: NFTs DeepR Subbie (won) NFTs TangleSwap Souls (won) NFTs Shimmer Shimmer OG (won) My favorite by far is the Shimmer OG NFT which is a spinning coin with intricate pocket…

## NFT Hail Mary

JANUARY 2023 As I am a HUGE FAN of Alfons Trekner I found one of the first Shimmer NFT collections by the artist as a “Test Collection” of Ugly Bots. With Ugly Bots appearing again in the main artist account, I went back to the test account and bought out the remainder of the Test…

## Initial Setup

DECEMBER 2022 Sold my Prius for $20,000 and invested in 215,000 $SMR and 12488 $SOON and one Ledger Hardware Wallet. I staked 4000 of the $SOON for a year in hopes of turning it into over 5000 $SOON, and staked the remainder for a shorter time so it would be available for Shimmer EVM and…

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**@DigidusPrime**

## #100K2025

*table above will show less columns on mobile devices for ease in viewing

**Key for the Table Above**

***Unit Value** is used to calculate most of the other fields and is the price per unit for the asset. For Example if $MIOTA trading price per $MIOTA is $5.55 then that is the Unit Value.

***Yield APY** is the Annual Percentage Yield, or what percent of my Base Investment will I earn over the course of 365 days. Example if I invest 1000 $SMR and expect a 10% APY, then after one year my total balance should be about 1100 $SMR

***Base Cost** is what was originally spent to buy this asset. Example, if I bought 100 $SOON tokens at $2.50, then my Base Cost for that asset is $250.00.

***Base Value** is the current value of the Asset based on the number of Units purchased originally and the unit price today. Example: I bought 100 $MIOTA at $3.30 and the current value of $MIOTA is $0.25, then my Base Value is 100 x $0.25 = $25.00

***Yield Earned** is the current value of the income produced by that Asset to date. Example: I invested 100 $MIOTA and 400 $SMR as a Liquidity Provider at iotabee.com and after 12 months of 10% APY I have earned 80 $SMR and the current value of $SMR is $0.25, then my total Yield Earned thus far is 80 x $0.25 = $20.00

***Yield API - Yield Annual Projected Income **is the estimated value of this asset's yield over the next 12 months. Example: I loaned 4000 $SMR on LendeXe and expect 20% APY then over the next year I expect to earne 800 $SMR and the current value of $SMR is $2.25, then my total Annual Projected Yield Income for that asset is 800 x $2.25 = $1800.00

***Total Value** is the current value of current Base Value plus the Yield Earned. This may or may not be liquid and spendable due to lockup periods.

***December 2025 Value** is a wild guess. I am taking the Base Value and increasing it by 30% in 2023, 20% in 2024, and 10% in 2025 to adjust for some expected appreciation. I am then using those values to project the total yield for the months remaining and adding those together. Example: In January of 2023, 1000 $SOON at $1.00 Unit Value would be a $1000.00 Base Value. Since it is still 2023 I will add 30% ($1.30) and 20% on top of that for 2024 ($1.56) and 10% for 2025 ($1.71) expected appreciation for a end of 2025 estimated value of $1.71. I will then take my best guess at Yield Annual Projected Income for the time between today and December 2025. Add it all up and I am sure I will not even be close to what the actual numbers are in December 2025 but what the heck, we are having a little FUN here.