Get to know Evan Luthra.
Blockchain Billionaire & NFT Collector, Evan Luthra sits with LAPSOFLUX to discuss his passion and business in WEB3.
Evan Luthra, a prominent investor and entrepreneur, has a distinctive approach to investment, focusing on technology-driven innovations that disrupt traditional industries. “I invest in all kinds of industries, all kinds of products,” Luthra explains. “I mostly look for technology-first based companies that are using technology to disrupt an existing industry.” His diverse investment portfolio reflects this philosophy, emphasizing the transformative potential of tech-based ventures. While Luthra has invested in over a hundred companies outside of crypto, he has recently shifted his primary focus to the blockchain and cryptocurrency space. “At this moment, my full focus is on crypto,” he reveals, highlighting his commitment to the evolving digital currency landscape.
What are my top five investments today?
Luthra’s investment strategy in the crypto sector is both expansive and discerning. “I did about 200 investments in crypto in the last six months,” he shares. His approach to crypto investments is influenced by the decentralized nature of blockchain technology, which he describes as a reflection of peer-to-peer trust. “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,” Luthra notes. This perspective shapes his investment choices, which include a blend of established cryptocurrencies and promising new projects.
Among his top holdings, Luthra names Bitcoin, Ethereum, and Solana as his primary investments. “Obviously you’ve got to hold Bitcoin, Ethereum, Solana,” he states. Additionally, he has invested in emerging tokens and platforms such as Nakamoto Games, GAINS, and Polka Fantasy. “Nakamoto Games is one of my top holdings right now. They’re doing really well,” Luthra points out. He also mentions other successful projects like GAINS and Polka Fantasy, showcasing his strategic approach to identifying and supporting high-potential crypto ventures. “There’s a few good tokens, but these are some of the good projects I like,” he adds, reflecting his insight into the dynamic world of cryptocurrency.
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Evan Luthra’s most significant crypto expenditure reveals an intriguing blend of the tangible and the virtual. When asked about his largest crypto purchase, Luthra highlights two noteworthy investments: real-world property and virtual land. “Interestingly, the largest one would probably be land, and finally land in the real world if you ask, and land in the metaverse,” he shares.
Luthra’s investment strategy extends beyond traditional assets into the digital realm, reflecting his forward-thinking approach. He purchased a prime piece of real estate on a Caribbean beach, combining his appreciation for physical property with his vision for the future. “I bought a piece of land next to the beach in a beautiful country in the Caribbean,” he explains. In parallel, he made a substantial investment in virtual property, acquiring a significant plot of land in the metaverse. “I also bought a beautiful piece of land also on the beach in the metaverse. Both are the highest purchases,” Luthra reveals. Notably, the metaverse acquisition surpassed even his physical property purchase, underscoring the growing value and potential of virtual real estate.
Evan Luthra emphasizes that the crypto industry is still in its nascent stages. “I think we are still very, very, very early,” he asserts. To illustrate this point, Luthra shares an anecdote from his personal experiences. “Every time I go out and I meet interesting people, even waiters who do great service to me, I ask them, ‘Do you have an NFT?’” he explains. Despite his efforts to share his extensive collection of NFTs and promote various projects, he often encounters a lack of awareness. “Most of the time, believe it or not, 90% of the time, the waiters, the people I meet, they don’t know what an NFT is,” Luthra notes. This observation highlights the vast potential for growth and adoption within the industry, reinforcing his belief that we are only scratching the surface of what’s to come in the world of crypto and NFTs.