One key to successfully starting your own business is working on an idea, or a more significant project is making consistent, daily progress towards your goals. Especially if you do not have your team and limited time and money resources, you need to be ultra-focused and ideally make small steps forward every day. 

What has helped us for many years now are Objectives and Key Results for the direction and challenging but achievable goals, and weekly accountability partner meetings for the permanent progress part. 

There are different types of accountability partnerships that you can go into. You can read more about that here

Accountability groups try to help and support each other to get better in whatever we want. Accountability is about commitment, and to stay accountable towards the own goals, the weekly meeting is an essential part of it. There is no half-ass way to attend it. 

Here is an Accountability Partner Checklist and some Rules if you want to set up your accountability partnership group 

  • Try to make space in your schedule every week. Do not skip the meeting if you feel that you did not make the progress you wanted to do. Treat the meeting as you would a doctor's appointment or a business meeting. 
  • Keep the meetings fun, positive, non-judgmental, encouraging, give honest feedback and keep it brief. 
  • Agree on the meeting times in advance, and give the member time to confirm. If it is impossible to attend the meeting, try to find another time/date, or you skip a week. That's also fine. Usually, it helps if you make a fixed weekly appointment and only change it if needed. 
  • If you use Objectives and Key Results or any other tracking system, update your progress before the meeting. 
  • Something can come between you and the meeting last minute (A lousy internet connection, something urgent.) If this occurs, write a short message to the organizer, and it is fine as well.
  • If you can not attend the meeting, talk to your partner or a friend about your progress. 
  • Respect the time of others and be on time. Keep in mind everybody is reserving time for the Accountability Partner Meeting. 

Many meetings in, especially bigger companies, are often a big waste of time. In many cases, an email would be sufficient instead of 10+ people sitting together without having a clear outcome in mind. When you meet with your accountability buddy, try to keep it short and with a specific predefined result. 

If you are looking for a professional accountability partner, check out our services here

March 22, 2022
Leo Brunnhofer

It's heartbreaking and brutal what has been and is happening in Ukraine in the last weeks. This Russian invasion seems to be from a different Millenium; there should not be space for the Putin's of this world, who are are forcing millions of innocent people on to destruction and death. 

It gives hope and good to see how the people of the world are standing with Ukraine and trying to help where it is possible. 

There are many different ways how you can help as well. Friends are collecting warm clothes medical equipment and bringing it to Ukraine. Others are offering shelter and organizing places to stay for Ukrainian refugees, driving to the borders to get people into safety, or are collecting donations.

Nowadays, you also can donate cryptocurrency to nonprofit organizations or directly to the Ukrainian government. Ukraine has received around 50 million dollars in crypto donations since the war started. The Ukrainian government accepts Bitcoin, Ethereum, Tether, Polkadot, Dogecoin, TRON, Solana, Monero, and NFTs.

Donations of cryptos are more transparent, faster, and more cost-effective than donating in FIAT currencies. Be careful and do your own research before you choose an organization. There are also many scammers around trying to profit from the current situation. 

Here you can track the wallets of the Ukrainian government.

An overview of all donations.

Dashboard of Crypto Donations to Ukraine

ETH Wallet (inkl. Cryptopunk NFT #5364)

BTC Wallet

Tron Wallet

Some other NGOs are accepting Crypto Donations for Ukraine. Do your own research.

List of NGOs accepting Cryptocurrencies: 

Write me at or on Twitter if you have an addition to my list. 

Do not forget, Putin is NOT the Russian people.

Stand with Ukraine,  Peace!

March 8, 2022
Leo Brunnhofer

I started my dive into the NFT world last week. I love to learn hands-on, which I also do here. Here are a few learning and things that I have found out so far. 

First, it is hard to keep track of all the projects. There are so many great researchers and accounts out there, many new projects launching every day. What I am trying to do, is to form a daily routine. There are some resources that  I check daily. I created a Crypto Event Calendar, where I also added the most exciting NFT drops, and I am doing research for the NFT article(s) that will come out in the following weeks. Today on the Event calendar was the Invisible Friends NFT Collection, which did very well after launch. I could not mint one, but for the following bigger projects, I will be better prepared. 

My next steps are to follow the smart money to spot new projects and create a method to do a quick fundamental analysis of exciting projects. 

Some tools I am using for my research are:

  • Nansen (great features and details)
  • Opensea (biggest marketplace and great research tool)
  • Rarity.Tools
  • Icy.Tools
  • Twitter (deep dive and find accounts that are spotting good projects early. 

Here you find a more detailed overview of the best NFT Tools.

Stay weird and leave your email for updates.

February 24, 2022
Leo Brunnhofer

Cryptocurrency is all the rage these days. It is hard to keep track of what is happening.

New crypto projects, testnets, and mainnets are launching, Airdrops are happening, and NFT projects are dropping every day. We will also add conferences, FOMC meetings, and other relevant events.

That's where the Weirdo's Crypto Event Calendar comes in! This handy resource lists all the latest and greatest crypto events, so you can stay up-to-date on everything crypto.

We will try to make the calendar collaborative. If you see that something is missing, just add your event, we review and add it.
Check out the calendar here.

February 15, 2022
Leo Brunnhofer

I have been following the NFT world for some time now and bought one here and there, but I did not take the time to dive deeper. Since they are here to stay, I want to go down the rabbit hole and learn.

This post is my kick-off to do so.

I prepared a new ETH wallet, funded it with one ETH, and I am committed to learning more about Non-fungible Tokens. The ETH can be seen as my budget for learning about NFTs, and I will use it to make hands-on experiences and hopefully multiply.

What are your favorite resources (Blogs, Podcasts, Twitter, Telegram, Discords, etc.) around non-fungible Tokens?

February 12, 2022
Leo Brunnhofer

You should know what impermanent loss means if you are into decentralized finance (DeFI) and especially liquidity mining. As my learning bit of the day, I try to explain. 

When you provide liquidity to a decentralized exchange's (DEX) liquidity pool like Uniswap, you usually offer two different coins to a pool. The provided liquidity can then be traded on the exchange. 

Impermanent loss refers to a deprivation that happens when the price of the deposited assets changes between deposit and withdrawal. The loss is realized when withdrawn. The best is to provide liquidity for crypto assets with similar price movements; the impermanent loss is the biggest if one coin loses a lot and the other wins a lot. If the price of both cryptocurrencies is declining at a similar percentage, the impermanent loss is also small. 

Here are some examples

Before you start with providing liquidity, you should understand the projects you are investing in, how Automated market makers (AMM) work, dive into the technicals like use cases, price history, total value locked (TVL), and annual percentage yield (APY). It would help if you also understood Impermanent Loss, different scenarios, and the risk-reward ratio. 

To illustrate impermanent loss, we will show some examples. We will use the Impermanent Loss Calculator to show some scenarios. We are not considering the APY in our examples. 

Let's say you were providing Axie Infinity (AXS) and Wrapped Ethereum (WETH) to farm the Ronin (RON) Token prelaunch. Here are some scenarios. 

Example 1: Both assets prices increased

Prices 1. Feb 2022

1 AXS $50

1 ETH $3000

Prices 7. Feb 2022

1 AXS $70

1 ETH $3100

Impermanent loss: 1.14%

If $500 of AXS and $500 of ETH were held

- Have 10.00 AXS and 0.17 ETH

Value if held without providing liquidity$1,216.67

If $500 of AXS and $500 of AXS were provided as liquidity

- Have 8.59 AXS and 0.19 AXS (in liquidity pool)

Value if providing liquidity: $1,202.77

You gained over $200 in both cases, but as a liquidity provider, your total value is $14 less than when you just would hold your coins. The reason for that is impermanent loss. 

Example 2: Both assets prices decreased

Prices 1. Dec 2021

1 AXS $135

1 ETH $4300

Prices 7. Feb 2022

1 AXS $70

1 ETH $3100

Impermanent loss: 1.34%

If $500 of AXS and $500 of ETH were held

- Have 3.7 AXS and 0.12 ETH

Value if held without providing liquidity$619,72

If $500 of AXS and $500 of AXS were provided as liquidity

- Have 4,37 AXS and 0.1 ETH (in liquidity pool)

Value if providing liquidity: $611,40

In both cases, you lost around $400. As a liquidity provider, your total value is $8 less than when you just would hold your coins. This is because of impermanent loss. 

Example 3: One asset's price increases and one decreases (most significant impermanent loss)

Prices 1. Dec 2021

1 AXS $70

1 ETH $4300

Prices 7. Feb 2022

1 AXS $140

1 ETH $2150

Impermanent loss: 20%

If $500 of AXS and $500 of ETH were held

- Have 7.14 AXS and 0.12 ETH

Value if held without providing liquidity$1250

If $500 of AXS and $500 of AXS were provided as liquidity

- Have 3,57 AXS and 0.23 ETH (in liquidity pool)

Value if providing liquidity: $1000

The impermanent loss is 20%, and if you just would hold both tokens, you would have made $250 more. 

If the price of your provided assets moves in different directions, it's the worst-case scenario when it comes to providing liquidity. In the example, it looks like you always lose when you provide liquidity compared to just holding the coins. This is not true and is just the case because we did not consider APY and other rewards. 

You can also provide liquidity in the form of stable coin pairs. In a bull market, this does not make much sense since you are not profiting from the rise in the market. In the bear market, this can make sense since you are earning a share of the trading fees by providing liquidity. 

If you want to get reads like this directly into your inbox, leave your email address. 

February 6, 2022
Leo Brunnhofer

This section will be the log of our Weirdo'Journey. With thoughts, insights, learnings, brain-dumps around the Crypto World, Perpetual Traveling, and everything important to me and us at the given point in time.

Enjoy, stay weird and leave your email to get updates directly into your inbox.

February 6, 2022
Leo Brunnhofer