Wednesday, April 7, 2021

An Overview On Many Of The Chains In The Cosmos Ecosystem

Disclaimer: I hold small bags of Cosmos ATOM and Sentinel DVPN. I hope I did each chain some justice with this post and tried to source and edit all the information I could into a readable format from the official websites of each chain to give a fair voice to each in the ecosystem. Each chain has their official website listed as a source.

With the release of IBC (Inter-Blockchain Communication protocol) and the upcoming native "Gravity" DeX coming soon to a specific Cosmos Hub near you, I wanted to highlight what it means to be in the Cosmos Network ecosystem and how it is very much like a nation-state economy where each piece of the puzzle produces a product to export its value to other chains. As a whole, it benefits the Cosmos Ecosystem to have brilliant and innovative products to offer to other “nation states”, so I want to cover the “exports” and “imports” that will be possible with the DeX, on the figurative dock to Cosmos Hubs' port city.

Here is a list of pieces of information covering all the block chains that I could find information on that are intending or confirmed to connect to the Cosmos Hub via IBC in the coming year. The purpose of this is to have an easy access point to understanding each chains' real world utility all in one place, it is simply an overview, please do your own research.

 Cosmos - $ATOM – cosmos.network 

Cosmos is an ever-expanding ecosystem of interconnected apps and services, built for a decentralized future. “The Internet of Blockchains.”

Serving as the economic center of Cosmos, the Cosmos Hub is the first-of-its-kind blockchain built using the Cosmos SDK and powered by Tendermint BFT Consensus that provides vital services to the interchain. Cosmos apps and services connect using IBC, the Inter-Blockchain Communication protocol. This innovation enables you to freely exchange assets and data across sovereign, decentralized blockchains and changes the way we all see blockchain.

The Cosmos Hub will function as a marketplace, or a “port-city” set to operate a next-gen decentralized exchange in the next month, swapping digital assets from across the Interchain, with very low fees and instant transaction confirmation. With Shared Security in the very near future, ATOM will soon be securing many chains, in exchange for additional staking rewards. With the core mission of the Hub being to connect chains together and by establishing IBC connections with compatible chains and operating decentralized bridges with chains like Ethereum and Bitcoin, it will become the port-city it was envisioned to be.

The following have already connected to the Cosmos Hub:

IRISNet - $IRIS - https://www.irisnet.org/ 

IRISNet is building a technology foundation which facilitates construction of distributed business applications with plans to integrate services as a public chain service portal, providing a new low-threshold and accessible development environment for technology developers in the ecosystem.

IRISnet is an Interchain Service Hub for NextGen Distributed Applications that is approved by China! Developed by Bianjie AI and Tendermint Inc. the IRIS Hub is the second Cosmos Hub to support IBC enabling cross-chain interoperability within the Cosmos ecosystem. IRIS Hub is the first regional hub connected to the Cosmos main Hub which means all zones connected to the IRIS Hub will be able to interact with any other hub or zone in the Cosmos ecosystem. All part of the vision of an internet of blockchains. Bianjie contributes to the Cosmos ecosystem through both technical development and community building, even running a validator for the Cosmos Hub.

IRISnet will provide a variety of DeFi applications and with Irita they are also offering a permissioned enterprise version of the IRISnet Hub. IRISnet was designed to support more than token transfers, also allowing for transfer and exchange of data and computing resources. The interoperability of IRISnet combined with the developer options available make IRIS Hub ideal for use cases such as private healthcare data exchange, supply chain solutions and enterprise finance. IRIS is the staking, governance and gas token for IRIS Hub similar to ATOM for the Cosmos Hub in that regard. IRIS staking allows for delegators to participate in governance by voting on proposals or creating proposals for the network to vote on. IRIS is also the base token used for Coinswap, the Iris Hub on-chain exchange.

The following have announced they will be connecting to the Hub soon:

 Akash - $AKT - https://akash.network/ 

Akash, “The Unstoppable Cloud.” The world's first decentralized open source cloud for DeFi.

Censorship-resistant, permission-less, and self-sovereign, Akash DeCloud is a faster, more efficient, and lower cost cloud built for DeFi, decentralized projects, and high growth companies, providing unprecedented scale, flexibility, and price performance. Up to 10x lower in cost, a serverless computing platform that is compatible with all cloud providers and all applications that run on the cloud.

For the first time developers can break free from the censorship limits of centralized cloud providers, and deploy faster, more efficiently, and at lower cost. Developers will be able to launch applications such as DeFi apps, blogs, games, data visualizations, block explorers, blockchain nodes, and other blockchain network components on a decentralized cloud. Akash has announced integrations and partnerships with Tendermint, Cosmos, Cosmos’s Interchain Foundation, Inter-Blockchain Communication (IBC), Solana, Kava, and Chainlink.

Regen Network – $REGEN - https://www.regen.network/ - (Launching April 15) 

Regen Network incentivizes regenerative land use practices, restores ecosystems and helps to reverse climate change.

The Regen Network is building an open community that holds resources and tools such as high-quality data about ecological subjects. Regen Registry allows land stewards to sell their ecosystem services directly to buyers around the world.

Regen Ledger is a public, proof of stake (PoS) blockchain developed with the Cosmos Software Development Kit (SDK) built for verification of claims, agreements & data related to ecological state. Regen Ledger enables multiple registries to communicate and transact with each other producing a public ecological accounting system.

Regen's first steps have been collaboration with farmers worldwide. The application that Regen is developing enables farmers and funders to create agreements about farming practices and ecological change. Through this offering, the Regen Network is trying to create a standard and, for farmers, profitable ways to make changes to the way they use the landscape.

The Regen Network and its team of scientists allow anyone in the world to access open, scientifically valid information about the state of the planet. There’s no longer the need to rely heavily on local authorities. With this transparent information, the network aims to activate the chain of significant environmental change. A third application focuses on the community. The Regen Network is building an open community that holds resources and tools such as high-quality data about ecological subjects.

 Starname - $IOV - https://www.starname.me/ 

Starname is sort of a decentralized version of PayPal or Venmo, without the hassle of dealing with banking details or a KYC process and Starname Manager is noncustodial.

Starname (IOV) is a decentralized username service that is innovating the internet of payments. Starname allows users to create a username, or \*starname, that can be used to replace cryptocurrency addresses to receive payments, with Starname Manager being blockchain agnostic it means you can send/receive more than just IOV to your Starname address. Starname removes the middle-man when making payments across the internet allowing for a true p2p online payment platform.

IOV is the staking, gas and governance token for the Starname network; it is also used to pay the fees when creating a Starname, renewing or transferring them. As each individual Starname is an NFT they will be tradable as NFTs across the Cosmos ecosystem. Starname fees vary based on basic and premium names(basic\*iov or \*premium format) and character length, minimum 4 which is the most expensive.

The Starname vision is to make sending crypto as easy as sending an email, which is why they have created a platform allowing for a single username to group multiple cryptocurrency addresses. With G-Drive Starname will be one of the first blockchains to allow access to their services using Google Authentication providing a seamless user experience. Starname is still a very new network in its infancy. They are aiming for more integrations and targeting the NFT space for content creators to have an easier way to receive payments for their work and even have developments.

 Althea - $ALTG - https://althea.net/ 

Althea is a essentially an ISP (internet service provider) in a box: fast, affordable, locally run internet running on block chain technology, anywhere.

Althea is a set of internet protocols with payment built in, creating incentives for rapid expansion and investment in the network. Althea provides a way for people maintaining internet infrastructure to be funded and compensated autonomously, without the need for governments or businesses. Althea's unique cooperative vision for the internet empowers communities to build multi-stakeholder networks faster and more affordably than legacy telecom models. Althea is faster, because their unique billing system ensures that incentives are aligned with stakeholders that can earn more money by providing faster service.

With a price-aware routing protocol that makes sure that traffic takes the cheapest path, an Althea router gets the best prices, second by second. The networks are made up of nodes owned by the people who use them and are locally managed and governed. Althea is a full service solution that enables anyone to easily build and manage a network that tracks revenue, payments, and system maintenance in easy to understand graphs and charts.

 Sentinel - $DVPN - https://sentinel.co/ 

The Sentinel Network hosts open-source distributed and decentralized applications that provide users with assurance that their session information is not being logged, their communication is not being stored, and that not even the creator of the application can view any of their data.

Sentinel dVPN is already the most widely adopted decentralized VPN solution in blockchain. It created a product framework that existing centralized VPN companies can use to translate their system and continue branding. The framework has a reduced cost and time in the process of dVPN Application Development. It lowers the potential security threads and risks associated with hackers and manages nodes and handle of DMCA requests.

Sentinel has developed ‘Proof of Bandwith’ a new — first-of-its-kind — mechanism capable of verifying the amount of bandwidth consumed in the network in a truly decentralized manner. Verifying bandwidth consumption in a peer-to-peer crypto-network has been a fundamental problem, resulting in most dVPN networks relying on the work of trusted intermediaries or ‘permissioned nodes’.

Sentinel is totally transparent, the code behind the Sentinel dVPN is fully revealed to the public on Sentinel’s GitHub profile along with the application MD5 Checksums for absolute provability. Servers are hosted all over the world by the community, for the community. Users can choose the optimal server for the fastest browsing and download speeds. Anyone can host a exit or relay node on Sentinel. Sentinel will always have a free tier of nodes for people to try the product out. These nodes will be newer nodes that are building up trust and reputation on the network.

Sentinel’s ethos is to provide the privacy-preserving networking backbone for the internet, allowing entrepreneurs and existing organizations to establish their own white-labelled VPN at minimal cost or difficulty. Military Grade Encryption: users can choose from SOCKS5 or OpenVPN servers which enforce quantum level encryption standards such as AES 256 or Poly1305.

Band - $BAND - https://bandprotocol.com/ 

Band Protocol is a cross-chain data oracle platform that aggregates and connect real-world data and APIs to smart contracts.

Blockchains are great at immutable storage and deterministic, verifiable computations. However, they cannot access trusted real-world information available outside their networks. Band Protocol enhances smart contract functionalities by granting them access to reliable data without any central points of failure.

Decentralized Finance applications need price feeds on token swap and loan collateralization process. With Band Protocol’s built-in price oracle, developers can build DeFi with an absolute peace of mind that the price feeds they’re using are robust and tamper-proof.Band Protocol's flexible oracle design allows developers to use any data including real-world events, sports, weather, random numbers and more. Developers can create custom-made oracles using WebAssembly to connect smart contracts with traditional web APIs within minutes.

Kava - $KAVA , $USDX , $HARD - https://www.kava.io/ 

The Kava platform is being called “DeFi for Crypto” as it is designed to offer using collateralized loans based on a variety of different cryptocurrencies.

It’s a cross-chain platform that offers a service similar to that of Maker DAO, but where Maker supports ETH and eventually ERC-20, Kava is capable of providing collateralized debt positions on any cryptocurrency theoretically. Kava’s multi-chain DeFi lending platform offers USDX stablecoin loans and Chainlink oracle data to major blockchains and end-user applications as well as a lending and borrowing platform similar to AAVE, Compound via HARD protocol.

Kava.io is the first cross-chain DeFi hub providing applications and services to the world's largest cryptocurrencies. Kava’s platform operates as a decentralized bank for digital assets connecting users with products like stablecoins, loans, and interest-bearing accounts so that they can do more and earn more with their digital assets.

 Commercio - $COM - https://commercio.network/project/ 

Commercio is “The Documents Blockchain” that allows companies to create identities, sign and exchange business documents among its participants.

Commercio is a sovereign network that has its own native Utility Token called Commercio Token which will incentivize members to manage the network and incentivize members to grow the network by bringing in other members. “The Documents Blockchain” refers to the main purpose of Commercio.network which is to act as a network to facilitate the exchange of business documents between companies using the blockchain technology which is decentralized, immutable and distributed. The protocol is organized on an open-source software project entirely based on Blockchain technology and focused on the needs of companies.

Commercio ensures that the paternity of a document was created by a declared sender, that the validity of the sender can not deny having electronically signed the document, and that the integrity of the document has not been altered during transport. Every company can exchange its documents securely provided that it is invited into the network by another company that is already an active member and adopts the protocol.

Commercio.network significantly reduce the amount of companies’ current investments in IT infrastructure and security for eID, eSignature, and eDelivery. Commercio.network with its own Sovereign network is something halfway between the Public Blockchain and the permissioned Blockchain, an hybrid solution that encompasses the best of both worlds.

 LikeCoin - $LIKE - https://like.co/ 

LikeCoin is a Decentralized Publishing Infrastructure for Decentralized Archive, Decentralized Rewards, Decentralized Curation and Decentralized Governance.

Likecoin is a newly formed cyptocurrency that is trying to solve a problem on the online reward system for creative content. Instead of the usual proof of work (POW) or proof of stake (POS), LikeCoin has a very special feature which is called the proof of creativity (POC). Borrowed from the concept of ISBN for books, ISCN is a unique identifier assigned to content such as articles and images, and comes with metadata such as author, publisher, content address, license terms and creation footprint.

Stored on LikeCoin chain, ISCN is immutable and censorship resilient. The content, on the other hand, is stored on IPFS for tamper resistance and peer-to-peer distribution. By simply attaching a LikeCoin button beneath your content and without setting up a paywall, every Like by readers is turned into measurable rewards in LikeCoin tokens. The core component of LikeCoin is LikeCoin chain, a public blockchain tailor-made for content publishing, supporting the “Republic of Liker Land”.

LikeCoin has its own App, and can also be utilized on WordPress, Medium, Vocus, Blogspot Blogger.com, Pixnet and other content platforms.

 Terra - $LUNA , $UST - https://terra.money/ 

Terra created its own (non-collateralized, algorithmic) stablecoin called Terra USD (UST) and it stabilizes price through an algorithm without collateral.

The target price of UST is maintained by adjusting the supply. When there is a high demand for Terra USD, UST will be trading at above a dollar. Terra will increase new supply of UST to bring down the price back to a dollar. Vice versa, if demand for Terra USD falls, the protocol buys back Terra to reduce supply and bring prices back up. The elastic supply model expands and contracts based on demand and arbitrage opportunities will incentivize the price to be at US$1.

To mint a new supply of UST, you have to burn LUNA and swap them to UST. Likewise, if you want to mint LUNA, UST is bought back and burned. Every time a transaction is made, fees are paid to LUNA holders. LUNA accrued value is then used to collateralize Terra value in the ecosystem.

Anchor protocol is a saving protocol that pays 20% interest over deposited UST with little to no risk. Mirror protocol which tracks the value of synthetic assets like stocks, bonds and other crypto's called mAssets. This way with Terra you can have exposure to a stock you can't buy. CHAI is the payments app which is available only and quite popular in Korea.

Secret Network - $SCRT - https://scrt.network/ 

Secret Network is the only decentralized blockchain that provides provable and programmable privacy, allowing applications to use encrypted data instead of exposing it on-chain. And that means you can build incredible things with Secret that you can’t build anywhere else in the blockchain space.

Secret Network is a first-of-its-kind, open-source blockchain that provides data privacy by default. While blockchains have the promise to create a more open and sustainable Internet, they've been held back by one major flaw: they expose all your data to everyone. A better Internet must protect data privacy and give users and organizations control over how their data is used and shared. Secret is a decentralized network that finally solves this problem of privacy, helping to secure and scale the decentralized web.

As the first blockchain to support encrypted inputs, encrypted outputs, and encrypted state for smart contracts, Secret Network allows for new kinds of powerful decentralized applications to be built.

Certik - $CTK - https://www.certik.org/ 

CertiK Foundation is a non-profit research group aiming to improve trust in blockchain by improving security.

The CertiK Foundation hopes to raise the standards of security in the blockchain space by offering security audits, penetration testing and custom formal verifiaction. The CertiK Foundation created CertiK Chain; which is a proof of stake blockchain built with the Cosmos SDK and Tendermint and utilizing CTK as the gas, staking a governance token, with a security first approach. Why CertiK Chain?CertiK Chain was built with security in mind. Certik enhances security of smart contracts thanks to the Certik Foundtion's Formal Verification platform and the CertiK Virtual Machine(CVM).

The CertiK Foundation have built an enitre ecosystem of applications for CertiK Chain including:

CertiKShield- a decentralized reimbursement system for digital assets

Security Oracle- providing real-time on-chain security insights for smart contracts

Skynet- a multi-dimensional tech suite for monitoring and analysing security

DeepSEA A programming language to write verifiable and secure smart contracts

CertiKOS the world's first fully certified hacker-resistant multi-core OS kernel

CertiK aims to create a safer and more secure blockchain ecosystem. By building with security in mind from the ground up developers have the tools needed to mitigate security risks that have plagued the blockchain space. With CertiK Chain developers and enterprises will be able to trust the network for security.

Ki Foundation - $XKI - https://foundation.ki/ 

Ki foundation is a Neobank bridging traditional wealth and Decentralized Finance.

It allows you to invest in the stock market and high yield real estate through the Klub app, provides a platform to ease Fiat on-ramp, convert FIAT to XKI and back, and allow payments through a Visa debit card, so you could send XKI to you wallet, swap it to EUR and use the Klub card to pay in the supermarket, hotel or book a flight with it. There are multiple levels of premium cards, unlocking more features and bonuses for Klub members. It integrates in our new generation’s consumption habits, driving loyalty of usage through entertainment, lifestyle and wealth generation.

To get access to the Klub cards you lock up XKI to the KLUB validator, every Klub rank has a minimum lock up amount. Once you pay with the Klub card you’ll be getting returns on all your orders (0.1%-0.2%) and up to 20% on Klub partners transactions. Ki foundation buys back XKI from mayor exchanges and uses it for transactions. The Klub app also advises you on stocks and cryptocurrencies. At this moment Ki Foundation has around 50 partners including Netflix, Spotify, Marriott, Deliveroo, Accor and booking.com. XKI is said to get listed on a major exchange Q2 of 2021.

Cyber – $EUL → $CYB - https://cyber.page/ 

Cyber is sort of a decentralized version of Google managed by its users, with the ambition and vision of being a self-sustained, decentralized super computer providing answers to questions.

There are two open-source applications built on Cyber, a decentralized Google alternative and also a decentralized Twitter alternative. Cyber is trying to solve the problem of data centralization, centralization of knowledge and censorship of information. Cyber is a decentralized protocol for searching and adding information to a knowledge graph, it ranks information according to relevance rather than a centralized algorithm.

Cyber only searches for content links, which eliminates censorship of the platform created by algorithms. Information, content and keywords are added by users and search results are found based on that data. Users can add content to Cyber by creating Cyber links which can be text, IPFS hash, URL, file, photo, video, audio, contact, location, video or voice. Governance is decentralized and controlled by the network. Cyber as $EUL is in testnet and will become $CYB at mainnet.

Persistence One – $XPRT - https://persistence.one/ 

Persistence is building an ecosystem of financial products, focusing on both institutional and crypto-native use cases.

Persistence facilitates the borrowing of crypto assets using real world assets as collateral. Bringing DeFi tools to institutional investors and institutional finance tools to crypto investors. The Persistence tech stack provides the infrastructure to effectively bridge the decentralized and traditional financial realms in a variety of areas:

Pstake is a liquid staking application to unlock liquidity for assets staked on PoS chains, allowing stakers to boost yields from their staked assets.

AUDIT.one is a Staking-as-a-Service solution for proof-of-stake networks.

Comdex is an institutional-facing commodities trading and trade financing platform, is the flagship DApp in the Persistence ecosystem.

pLend is a stablecoin lending platform backed by real-world assets that will enable stablecoin holders to supply liquidity to pools to support operations on Comdex

Asset Mantle is a framework for NFT marketplaces providing all the elements required to create individual marketplaces, they are researching NFTs as real world assets such as a bill of lading.

Microtick - $TICK - https://microtick.com/ 

The Microtick project is a new mechanism for decentralized price discovery and trading.

The vision of Microtick is to create a trading system more suited for blockchain usage where blocks come at discrete, relatively infrequent and often unpredictable times; and then build upon that vision to create a new trading paradigm that not only works better on, but promotes decentralized trading over the legacy centralized paradigm. The Microtick project’s goal is to provide a globally agreed upon, real-time consensus price - without requiring direct financial coupling to any underlying asset. The project is built on decentralized blockchain technology and the game-theoretical foundation of Schelling points.

Microtick is a cosmos-based project that allows for price discovery of blockchain assets onchain instead of relying on an oracle to inject prices from the outside, it brings the benefits of a global, real-time reference price to decentralized, private trades on the underlying asset. its price discovery stems from a two-sided marketplace where traders can enter leveraged positions on a very short-term basis. Choose a trading timeframe that suits your needs: 5 minutes, 15 minutes, 1 hour, 4 hours, or 12 hours. Or, take the role of “Market Maker” and provide your own assertions about an asset’s price and volatility.

‍Because Microtick’s consensus price can be hedged in either direction, it has the ability to decouple price discovery from order book trade execution and bring the benefits of a global, real-time reference price to decentralized, private trades on the underlying asset - wherever in the world they may occur.

The following are still in development:

Juno – JUNO - https://junochain.com 

Juno aims to provide a sandbox environment for the deployment of inter-operable smart contracts.

An interoperable smart contract hub which automatically executes, controls or documents a procedure of relevant events and actions according to the terms of such contract or agreement to be valid & usable across multiple sovereign networks.

Juno as a sovereign public blockchain in the Cosmos ecosystem serves as a decentralized, permission-less & censorship resistant avenue for developers to efficiently and securely launch application specific smart contracts using proven frameworks and compile them in various languages.

Agoric - (TBA) - https://agoric.com/ 

Agoric is a robust architecture for building secure smart contracts based in JavaScript for maximum reach.

Agoric empowers developers to execute transactions, establish new markets, and craft novel exchanges - all without centralized control. Agoric uses an object-capability (ocap) security architecture, in which access to a programming object itself is the authority to use the object. All kinds of digital assets can be easily created, but importantly, they can be transferred in exactly the same ways, with exactly the same security properties.

Building on 30 years of experience, Agoric is developing a secure distributed ocap platform for smart contracts and market-oriented programming. The platform supports the development of smart contracts and market institutions across many different scales, from large public blockchains to small two-party contracts.

Osmosis - $OSMO – Osmosis.Zone 

Osmosis is a Next-Gen AMM sandbox with customizable curves, fees and other parameters.

Osmosis is a protocol that will allow developers to design, develop and deploy customized AMMs. Osmosis is designed to be an efficient solution that is experimental in nature and customizable to meet the demands of the users. Osmosis will have IBC built in from day 1 allowing for connections across the entire Cosmos ecosystem. Along with Cosmos assets Osmosis will support ETH/ERC20 through the Althea Gravity bridge and eventually BTC.

With customizable curves, fees and other parameters Osmosis sets itself apart from other simple AMMs. New curves and parameters can be created and these can be much more powerful than existing AMM options. Osmosis parameter options and dynamic market fees mean Osmosis will be able to adapt to changing conditions and market needs. Beyond the technical features Osmosis has specialized governance and incentive alignments. Osmosis will require regular participation from engaged and highly active OSMO holders, this will include things like determining the distribution of liquidity mining incentives weekly, changing AMM parameters and spending of the community pool to improve or grow the project.

OSMO is a governance token and staking token but Osmosis intends to transition into a Cosmos Hub shared security zone when the feature is available. The OSMO token will be fairly launched and distributed to network participants, there will be no pre-sale. Keeping with the experimentation OSMO is using a quadratic "fair drop" which is intended to decrease the chances of governance inequality. Osmosis is still under development targeting a summer launch.

Sommelier Finance - $SOMM - https://sommelier.finance/ 

Automated Yield Aggregator that has impermanent loss protection, portfolio re-balancing and low fees.

Sommelier consists of the Cosmos Stargate SDK, its Tendermint-based consensus layer and a decentralized, bi-directional Ethereum bridge, managed by a global network of validators. Liquidity Providers (LPs) will be able to use the Sommelier to author and execute complex, and automated financial transactions, such as portfolio rebalancing, limit orders, batched orders, as well as a host of other features that traders have come to expect from CeFi, but that are not currently available in DeFi.

Sommelier has Impermanent Loss Protection by automatically rebalancing your portfolio when pool performance changes in a way that impermanent and unrealized losses require a change in strategy The balancing feature focuses on high yield LP opportunities and exits lower yielding opportunities. Aggregating and batching transactions with Sommelier will yield lower gas prices for LP growing demand to manage pool position and performance. Native transaction batching and roll-ups deliver greater liquidity momentum to capture on chain yield on the Ethereum blockchain.

Credit to /u/masslr for Ki Foundation Coverage

& /u/EthereumFlow for Coverage on Osmo, Iris, Starname, Cyber and Persistence


Tracking how often my playgroup dies to "meta" things.

Hi, this was originally going to be a long ass post but it'll summarize.

I have a discord with 7 consistent players, all of whom have obtained Kappa in one wipe or another, all between levels 27 and 50 right now. Only 2 using a Bitcoin farm, and only 2 I would consider consistently running "high" gear. One has an obsession with Panama hats and one loves to be a rootin tootin cowboy.

We each took note of what bullets killed us in our most recent 75 deaths, tried to exclude blatant cheaters.

Here's the notable breakdown:

M61 - 76% (that is 399 deaths, out of a group total of 525, almost 400 are to m61)

M62 - 2% (Added for contrast and rounded up from the high 1% range)

M995 - 5% (Mainly one guy who plays a lot of labs, data is skewed by that, he had close to 18% m995 deaths, the rest of us balanced it out to a low 5%)

Igolnik, BS, 7.62x39 BP - 3% (rounded down)

(Yes, that is 3% for the 2 best rounds in an entire caliber, along with BP, ak sees next to no use it seems, maybe the recent buffs will help)

FMJ-SX - 3%

7n31, AP 6.3 - 3%

Other than the guy who loves dying to m995, the across the board stats for m61 being the killing round are pretty similar. The vast majority of the player base seems to be running nothing but m1a, hunter, sa-58, and MDR. This meta is fucking ridiculous. Every single raid is just people hiding and waiting for someone with m61 to kill them and take their m61, or holding weird angles for 35 minutes trying to steal the m61 out of some other dudes gun.

It makes so many things purely unviable. If your gun can't one tap to the head or shred legs instantly, you're functionally useless with the overabundance of 2 tap kills currently. Check my comment history and you'll see me defending strong bullets, I always have and will, but it is absolutely fucked this wipe. Worse than 0.11 pre-pre-wipe event, and worse than the original 0.12 end of wipe. I don't think Bitcoin farms are to blame as m61 wasn't unattainable for the average player then as well, so I'm honestly not sure what the cause is.

Anyways there's the data, fuck m1a nerds and 308 MDR chad-rats, I respect the hunter players a little bit at least.


Doge Coin Is Coming, Hodl onto your butts - A DD

Reposting until this gains traction!

What;s up everyone! I keep seeing new investors young and old here talking about doge however the same misconception seems to be a trend here (Yeah Believe It Or Not, But Not Everyone Here Understands Doge Properly)

So let me give you a break down and a realistic series of events that need to happen for Doge to POP.

Now understand when Doge pops it will not just POP, it will boom! Because unlike Bitcoin, Doge is a Currency while Bitcoin is like an asset (Gold). This is why Millionaires are staking money in Bitcoin as it cuts out the middle man, resists inflation and has a cap.

Now! Unlike our favorite coin Doge, this is NOT capped and is not technically an "Asset" It is something more valuable in my eyes and that is - A Currency - We are reaching a Digital age in which paper is expensive to print on, So the next viable step? Digital currency for the everyday man. This is where Doge Steps in!

The reason why Doge Rockets a bit when musk tweets about it, it's not just for the hype, it's mainly because of the idea that this has caught the attention of someone who sells consumer goods (Like mark cuban as well). People on here keep saying BUY and HODL Doge to make the price go up, this is a huge fallacy, If I go get $10 USD from the bank with Euros, I am technically buying and holding the USD now however it has not made the USD any more valuable, Follow?

So! With that being said, Doge needs to be adopted as a currency! Holding will only benefit YOU when it rockets but does not affect the actual coin. In order for doge to gain VALUE we must be able to purchase valuable things! Take Tesla for Example, Someone tell Elon he is an IDIOT (Please quote me) For not accepting Doge yet, Doge is a Currency that is far less volatile at this point than BTC! So, let's say this was adopted, boom, Doge is now worth .20-.50 cents (MUCH WOW). Now let's say Walmart decides to allow it as a currency, Now we're talk Doge being worth $1-$5 Dollars (Seriously). The more it gets adopted the more it's worth and slowly it'll take over USD and who knows it may be re-branded and shaped into DUSD (Digital United States Dollar) at this point Doge will even out BUT it'll be worth a pretty penny (No Bitcoin Prices) But worth more than most physical Currencies in ANY county.

So there it is people, Get people to Buy and Sell Doge on ITEMS, Tangibles here. Only then will the price properly pop to where I know it can go! Spread the word! Do not just buy and hold, BUY. HODL. USE!!!

TLDR: Doge need to be accepted as a true currency before anything magical happens, BUY.HODL.USE is our new slogan.

Thank You!


Blockchain, Crypto Payments Pioneer to Transform eCommerce

I posted this on Monday in a couple other subs but unfortunately I didnt get in - was asked to post it here but it will probably get removed and/or downvoted.

I'm currently watching from the sidelines as it has pulled back pretty good today. I'm keeping an eye for it to either drop back below the 200MA and possibly fizzle out or get back above the 50MA and hold. Its OTC which has been getting hammered as of late so definitely proceed with caution.

$RKFL

Source: Here

COMPANY SNAPSHOT

RocketFuel Blockchain, Inc. is global payments processing company offering highly efficient 1-click check-out solutions to eCommerce merchants and their customers. RocketFuel’s solution focuses on enhanced customer privacy protection eliminating the risk of data breach while improving speed, security and ease of use. RocketFuel users are able to enjoy seamless check-out using their favorite cryptocurrencies or direct bank transfers and forget the clunky cart and card paradigm of the past. RocketFuel merchants are able to implement new impulse buying schemes and generate new sales channels unavailable in current eCommerce solutions.

INVESTMENT HIGHLIGHTS

RKFL is an early mover as a global provider of one-click online payment options using Bitcoin and 40+ other cryptocurrencies. Moreover, RKFL is the first cryptocurrency payment service to provide a seamless one-click checkout experience.

The market is huge and growing at an enviable rate. According to Markets and Markets, the blockchain technology market is expected to reach the $39.7B mark in 2025, up from $3B in 2020.

Current eCommerce methods are outdated, problematic, and costly, while the Company’s platform is designed to improve the merchant and customer experience. Implementation should lead to lower merchant costs, potential recurring business and may foster customer loyalty. 

Management has a proven track record of developing new technologies, bringing them to market, and generating value for the investors. The CEO has exited 5 other companies. Thus, we envision RKFL emerging as a takeover candidate.

Our forecasts suggest sales will jump from $1.8M to $40M in 3 years, with meaningful EPS. Stocks tend to generate their greatest gains when the transition from early adoption to mass market appeal begins, which could begin in late 2021.

Our 6-12-month target of $6.15 reflects a reasonable 4x our FY24 sales estimate of $40M and roughly 28x our $0.22 EPS forecast. This target could prove to be conservative if adoption accelerates.

  • Price as of 3/31/21$1.32
  • 52 Wk High - Low$3.25 - $0.50
  • Est. Shares Outstanding24.2M
  • Market Capitalization$31.9M
  • Average Volume17,008
  • Exchange:OTCQB

COMPANY INFORMATION

RocketFuel Blockchain, Inc.
201 Spear Street, Suite 1100
San Francisco CA 94105

Web:     www.RocketFuelBlockchain.com

Email:   [info@rocketfuelblockchain.com](mailto:info@rocketfuelblockchain.com%0d)
Phone : 424.256.8560

The View from 30,000 Feet

Blockchain payments innovator RocketFuel Blockchain, Inc. (OTCQB – RKFL) is poised to transform the global eCommerce industry, in our view. The Company is an early mover as a global provider of one-click online payment options using Bitcoin and dozens of other cryptocurrencies. Moreover, RocketFuel is the first cryptocurrency payment service to provide a seamless and elegant one-click checkout experience that today's digital and mobile-centric consumers have come to expect from eCommerce marketplaces, such as Amazon (NASDAQ – AMZN)

The RocketFuel platform, based on patent-pending technology, enables merchants and consumers to easily complete payment for goods and services using 43 different cryptocurrencies or direct bank transfer in a completely secure environment. A significant benefit of the Company’s approach is that the entire shopping cart checkout process can be executed via a distributed ledger or blockchain. Thus, merchant websites will no longer required to operate complex, and costly payment and check-out infrastructures. With the one-click checkout used on RocketFuel-partnered sites, consumers will enjoy unrivalled convenience .

As is typically the case with new technologies and applications with a broad scope, we expect early adopters to dominate usage during 2021 as online merchants shopping cart and payment solutions providers implement the crypto acceptance functionality, with mass market utilization occurring in 2022. With estimates suggesting that the number of (non-Facebook) crypto wallet holders will grow to 250M+ in the next 2-3 years, up from 68M today, substantial adoption lies ahead.   

The Problem

eCommerce has enjoyed wide, mainstream adoption and in many cases has emerged as the shopping method of choice for consumers during the COVID-19 pandemic. Unfortunately, for merchants and consumers alike, many of the payment system setups and associated technologies in place today have underlying issues, which in turn have a deleterious effect on merchant/consumer transaction execution.

For consumers, payment systems and shopping cart utilization can be awkward and clunky, require multiple steps and redirects to 3rd parties, and may not be secure, resulting in a less than stellar customer experience. For merchants, the current eCommerce payment infrastructure is even more problematic. In most cases, merchants are required to use an intermediary, costing billions in excess expenses annually. Roughly 1 in 5 carts leave without completing a transaction because consumers do not trust the merchant’s system. Plus, in most cases, fees are high, payments are delayed, and exorbitant fees due to fraud, fraud prevention, and chargebacks related to the inefficient back-end operations can be excessive, reducing profits.

The Solution

In contrast, by leveraging modern blockchain technology and its proprietary platform, RocketFuel offers consumers a single-click pay solution, pay with crypto or direct bank transfer option with no redirects or filling out forms as the information is stored at once. The process is seamless-simple, efficient, secure, and convenient. Merchants generate higher shopping cart conversion, pay lower fees, have greater security, transparency, less fraud, and improved cash flow. With a better experience for both sides of the transaction, and improved order and shipping fulfillment, merchants can foster loyalty and generate recurring business. 

Today and Tomorrow

The Company launched its first product in a live environment in March 2021 and with two travel merchant customers and a tax auditing firm in hand, management intends to continue to develop the check-out technology with several larger U.S. eCommerce merchants, social media and blogsites. With connections to several larger eCommerce merchants, near term sales and marketing efforts will focus on a few “big fish” rather than many smaller merchants and will scale up initiatives as funding permits. We believe that the Company will also target specific verticals that may be a source of early adopters and crypto wallet holders in verticals such as online gambling, gaming, and with merchants selling high ticket items. In conjunction with this targeted approach, RocketFuel may utilize social media to generate awareness and attract consumer influencers. Given that the phase from early adoption to mass market adoption can take 12-18 months, we believe that the Company could enjoy exponential merchant sign-ups going forward, along with consumer utilization, from 2021-2022, with the greatest recurring platform utilization by consumers beginning in 2023. 

Financial Forecasts and Valuation

It is difficult to accurately project the deployment and adoption success of a new technology and application such as the unique RocketFuel blockchain and crypto payment service.  However, given the underlying growth rates in blockchain ledger utilization for financial and payment transactions, as well as the proliferation of crypto wallet adoption, it is clear that major upside exists. Widespread adoption and growth are further affirmed by the Company’s underlying offering which solves major unmet needs in eCommerce for merchants and consumers alike. As with many young companies, it comes down to efficient execution. The management has a strong, proven track record of developing new technologies, bringing them to market, and generating value for the investors. The CEO has exited 5 other companies.

We should note that our forecasts largely reflect the typical growth inherent in new technology firms from early mover/early adopter stage to mass market appeal. Plus, the speed with which adoption in the online world occurs tends to be faster than most historical segments, further bolstering our investment thesis and projected growth rates. The variables in our forecasts tend to be the average fee percentage charged to merchants as well as revenue derived via license. It is too early in the maturation cycle to firmly estimate such revenue breakdowns or figures.

To simplify and streamline our initial forecasts, we have estimated $100M in business transacted at an average fee of 1.8% for Year 1 (Apr 2021-Mar 2022), reduced to 1.5% on $800M in transactions in FY23E and $2.5B in transactions for FY24E. While we believe additional revenue streams could be booked in FY23E, we view such contribution as a bonus at this time. However, we do project $2.5M in licensing revenue and other fees in FY24E. Based on this model, we project revenue of $1.8M in FY22E with a loss of $2.45M, or ($0.09) and revenue of $12M in FY23E with net profit of $650K, or $0.02. We preliminarily project $40M in revenue ($37.5M in transaction fees and $2.5M in licensing fees) for FY24E with net of $7.3M, or $0.22, and a net margin of 18.3%.

Given the game-changing technology and its resultant impact on the use of cryptocurrencies along with ecommerce efficiency and volume, we believe that RKFL could be afforded premium valuations as adoption occurs. Going forward, we recommend investors value the Company based on milestone events such as merchant signup as we view 2021 as a key infrastructure, proof-of-concept year, with major revenue growth in the cards in 2022 (fiscal 2023). Our 6-12-month target of $6.15 reflects a reasonable 4x our FY24 (CY23) sales estimate of $40M and roughly 28x our $0.22 EPS forecast. This target could prove to be conservative if adoption accelerates later this year or in early 2022.

Finally, we believe that as a critical mass adoption among merchant occurs, the Company could emerge as a takeover candidate by a leading payment services or provider entity. RocketFuel’s leadership has an enviable history of building and selling technology start-ups at key inflection points. While this event may not occur, it may have an occasional impact on valuation and should provide further confidence in management’s capabilities.

INDUSTRY PRIMER: BLOCKCHAIN

📷

According to a recent report by Markets and Markets, the blockchain technology market is expected to reach the $39.7B mark in 2025, up from $3B in 2020.

A blockchain, also known as a “distributed ledger technology,” is a sequential, ever-growing, time-stamped set of records used to secure transactions across multiple devices that are grouped in blocks and maintained by disparate participants. Each block is interdependent, making alterations of records economically difficult if not outright impossible.

Transactions in money, equities, bonds, titles, deeds, contracts, and virtually all other kinds of assets can be implemented and stored securely, privately, and from peer to peer, because trust is established by network consensus, cryptography, collaboration, and sophisticated code---without intermediaries. Given the opportunities associated with such a disruptive technology, many firms in varied industries are actively operating in the space to transact business, agreements and financial transactions more efficiently.

Commercial and central banks across the world are now using blockchain technology for payment processing and issuing of their digital currencies. The technology enables cross-border payments that are less expensive and faster as compared to traditional systems. The remittance cost within the blockchain is 2% to 3% of the total amount as compared to other third parties as blockchain does not require third-party authentication. Even governments are introducing CBDCs (Central Bank Digital Currency) to replace cash and traditional fiat-currencies. Plus, they are putting social media behemoths such as Facebook and Google under scrutiny for their lack of privacy protection and data security.

One of the most popular applications of blockchain is cryptocurrency. Trading in cryptocurrency is relatively easy compared to other assets. You can begin trading just by signing up for various wallets on the market. Furthermore, there are different types of wallet apps, each with its own advantages, such as levels of security, accessibility, and more. The most popular and well-known wallet is Coinbase with 639,885 daily active users (DAUs). If Facebook’s Libra initiative to its 2B users is successful, this figure will be dwarfed in short order.

The payments segment dominated the market in 2020 and accounted for more than 44.0% share of the global revenue. Blockchain technology improves payment system efficiency, minimizes operating costs, and offers transparency. These benefits provided by blockchain technology are increasing its use in payment solutions, thus, driving the segment growth. At the same time, blockchain reduces the need for middlemen in payment processing, which is also a major factor driving the segment growth.

Bitcoin (the largest cryptocurrency) is the most popular application of blockchain, but increasingly this innovative technology can be used in various business and commercial purposes. The elimination of the middleman in various transactions and processes promises a much more efficient workflow using blockchain. Additionally, increasing concerns about privacy and security make blockchain an ideal technological pipeline for modern processes.

Enter the eCommerce application.

ROCKETFUEL: THE GAME-CHANGER

When validating a new market or technology, it is instructive to review history as it tends to repeat itself. Most major technology breakthroughs and disruptions had a few things in common:

  • A large, inefficient market, usually based on old technologies and processes, generating problems and unnecessary cost for all stakeholders.
  • A new technology allowing new companies to invent new solutions that address these problems.

Some examples include improved internet technology which enabled Amazon to evolve our commerce habits from brick and mortar to digital and mobile technology innovations and evolutions that have led to Uber and Lyft transforming transportation.  The payments industry is no different. Its architecture and operations are still based on a 40-year-old physical card with a chip and limited fraud prevention capabilities. In contrast, digital technologies such as blockchain and cryptocurrencies are prompting the replacement of the old architecture with a new efficient, lower cost approach. y changes the way payments are made.

There is a huge inefficient market (the payment market) causing problems for all stakeholders. There is a technology that has the potential to fix it. Enter RocketFuel Blockchain.

RocketFuel is a new frictionless blockchain based payment solution for eCommerce merchants to accept payments in crypto or cash via bank transfer and receive payment and shipping information in one one-click transaction without the need for payment intermediaries. In anticipation of a major proliferation in crypto utilization for payments and business, large eCommerce and retail merchants now accept crypto as a payment method. In fact, over one-third of all small and medium-sized U.S. companies already accept Bitcoin as a B2B payment source.

The eCommerce space is estimated to be $3.5T, yet it represents less than 15% of total commerce. PayPal, a significant player in the online payments arena with over 350M users, allowed users to buy and sell crypto and just announced its “Checkout for Crypto” feature. This function, allows users to instantly convert their Bitcoin, Ethereum, Litecoin, or Bitcoin Cash to US dollars (with no additional transaction fees) that PayPal then uses to complete the transaction. In our view, this is a validation of the RocketFuel approach and will likely capture its share of this function. Still, since it lacks the 1-click convenience and appears to still be clunky and expensive relative to our forecast of the RocketFuel pricing, RocketFuel remains in the driver’s seat.

As mentioned above, existing solutions are costly, impact conversion, not secure, leads to fraud, and will eventually go the way of the milkman. Merchants and consumers alike crave security, convenience, transparency, low cost and trust.  

The RocketFuel Approach

The Company provides check-out and payment systems directly on the check-out page that securely automate and simplify the way online payment and shipping information is received by merchants from their customers. The check-out systems are designed to enhance customers’ data protection, enabling consumers to pay for goods and services using cryptocurrencies or by direct transfers from their bank accounts without exposing spending credentials such as credit card data. At the same time, the check-out systems are designed to increase the speed, security and ease of use for both customers and merchants and include a merchant portal that provides detailed transactions and metrics about payments received by the merchant.

They also include a customer portal where shoppers are able to track their payments, configure payment defaults and connect with various cryptocurrency exchanges and banks to facilitate payment to merchants. Merchants are able to integrate a unique pop-up user interface that allows customers to pay directly from their ecommerce checkout page with no need to redirect to another website or web page.

Data is key and the merchant portal is updated instantly when a payment transaction is made on the merchant website. The merchant is notified of the transaction and can see the transaction details, including the customer that made the transaction, the transaction amount and the transaction items. This information is added to the merchant dashboard where various metrics are tracked and displayed to the merchant, including information about the various cryptocurrencies that are used for payments to that merchant and the funds received by the merchant from the different currencies.

Customers of merchants that use the RocketFuel payment solution are able to track their payments in their online portal. They are also able to track payments they made to all the merchants that are integrated with the RocketFuel payment technology within one consolidated user portal. They are able to connect to multiple exchanges including Coinbase, Binance, Kraken, Gemini and others to pay directly from them. They can also pay from any cryptocurrency wallet. Customers are able to connect with multiple bank accounts to pay from as well.

📷The “single-click” RocketFuel check-out solution is based on a streamlined check-out process for eCommerce purchases. The payment user interface is displayed as a stand-alone popup that allows the creation of new accounts as well as payment directly from crypto exchanges, crypto wallets, and bank accounts, with no redirects to browser tabs or pages. This can be integrated as a plugin on the merchant checkout page or as a browser extension. The plugin comes integrated with popular ecommerce platforms including WooCommerce, Shopify, Prestashop and others. The payment interface is designed for both web and mobile checkout experiences. Merchants are able to integrate the RocketFuel payment interface to their checkout page with software development kits (SDKs) that are available via the merchant portal. Application programming interfaces (APIs) are also available to the merchant for deeper integration into backend systems, ERP platforms, and other third-party platforms.

Cryptocurrencies are stored in different types of cryptocurrency wallets. These wallets can include mobile wallets, web wallets, desktop wallets, hardware wallets, and exchange wallets. Currently, it can be a difficult, confusing and multi-step process to use these wallets to make cryptocurrency payments. With RocketFuel’s blockchain solution, cryptocurrency holders can use any of the above digital wallets to make payment for products or services to any RocketFuel merchant with 1, 2, or 3 steps.

Using the “single-click” RocketFuel check-out technology and check-out button, consumers will no longer be re-directed to a third-party  With the RocketFuel solution, eCommerce merchants will need no contact or other information exchange with the consumer in order to receive their payment or shipping details. Instead, they will have immediate visibility of payments from customers via the RocketFuel payment system, which may be integrated into merchants’ fulfillment centers.

Looking ahead, the technology will also be used for different scenarios, including paying for services, paying invoices, and other payment strategies. In addition, under a future version of the payment system, advertisements in which the entire check-out process is embedded will be able to be placed on third party websites and sales may be completely finalized there. Thus, the platform will enable eCommerce strategies that can include advertisements with a fully integrated check-out process. This prospective feature is unlike any other currently in use today and could eventually be a significant driver of revenue, once completed. Such advertisements will provide significant new sales channels to retailers that are simply not possible with legacy check-out solutions.

In addition to potential competition from PayPal, the primary competitor remains Bitpay, which is already well established as the leading crypto payment technology in the market, having been founded in 2011. Given that RocketFuel offers a better user experience for crypto payments, allows payment from dozens of other cryptocurrencies, and other wallets, and exchanges, RocketFuel’s diversity is a major strength.  RocketFuel also offers services that Bitpay currently does not, such as providing merchants immediate visibility of payment transactions, real time metrics of transactions and customers, easy integration to ecommerce checkout as well as deep integration to backend platforms. Furthermore, with an average of 72,000 transactions per month, it will not take significant merchant penetration for RocketFuel to surpass Bitpay, in our view.

Target Markets

The Company’s initial target market is the travel industry and RockeFuel already has signed up two sizable customers: Sky Tours and Military Fares. It should be noted that worldwide sales of flight tickets sold online in 2019 was $540B and the 2 largest reservations systems generate more than $10B in yearly revenue, making this vertical a hot commodity. Management plans to target travel merchant and web platforms. Given the complexity of the intermediaries and reservation systems, high costs and notoriously delayed payments, the RocketFuel solution can simplify the payment process and customers no longer have to provide sensitive information. We believe other verticals such as online gambling, the procurement of gift cards, and high-ticket items could prove to be lucrative for the Company. As a result, we expect sales and marketing headcount to rise over the next 12-18 months, in conjunction with rapid deployment and implementation of existing and future solutions.

ROCKETFUEL BLOCKCHAIN LEADERSHIP TEAM

Gert Funk, Chairman, Founder, Chief Product Officer

Gert Funk has over 15 years as a payment service provider for international eCommerce merchants. A serial entrepreneur since 1990, he is the founder of RocketFuel Blockchain, Inc. Gert has been an expert in blockchain technology and applications for eCommerce since 2015.

Peter Jensen, Chief Executive Officer

Peter Jensen is an experienced executive with extensive global experience within enterprise software. After holding sales and marketing positions within Oracle, Symantec, and VMware in Europe and the US, Peter has been focusing on building and growing start-ups in Silicon Valley as CEO and VP of Sales. Examples include Thinstall (acquired  by VMware), StopTheHacker (acquired by Cloudflare), ParStream (acquired by CISCO), SPanugo (acquired by IBM), and others. He is currently the CEO of RocketFuel Blockchain, a fintech software company providing a payment solution that allows eCommerce merchants to receive Crypto payments.

Bennett Yankowitz, Chief Financial Officer

Bennett Yankowitz is an expert in ICO law with more than 30 years of experience as a corporate attorney with leading law firms. Ben specializes in securities, financial and merger and acquisition transactions. He holds law degrees from the University of Southern California and the University of Cambridge.

Rohan Hall, Chief Technology Officer

Rohan Hall has over 30 years of experience in the technology sector, Rohan is a noted and published author and Fintech company founder. A serial entrepreneur and Blockchain expert, Rohan has had successful blockchain exits.

FINANCIAL FORECASTS

(Analyst’s Note: These forecasts are our own and we did not receive guidance or projections from RKFL management.)

Our forecasts largely reflect the typical growth inherent in new technology firms from early mover/early adopter stage to mass market appeal. Plus, the speed with which adoption in the online world occurs tends to be faster than most historical segments, further bolstering our investment thesis and projected growth rates. The variables in our forecasts tend to be in the average fee percentage charged to merchants as well as revenue derived via license. It is too early in the maturation cycle to estimate such revenue breakdowns or figures.

To simplify and streamline our initial forecasts, we have estimated $100M in business transacted at an average fee of 1.8% for FY22E or Year 1 (Apr 2021-Mar 2022), reduced to 1.5% on $800M in transactions in FY23E and $2.5B in transactions for FY24E. While we believe additional revenue streams could be booked in FY23E, we view such contribution as a bonus at this time. However, we do project $2.5M in licensing revenue and other fees in FY24E. Based on this model, we project revenue of $1.8M in FY22E with a loss of $2.45M, or ($0.09) as management begins meaningful sales and marketing expenses to build awareness and execute merchant signups in key verticals such as the travel industry and online gambling. 

In FY23E, we forecast significant revenue growth with top line reaching the $12M mark. Total operating expenses are estimated to reach $8.25M with expanded sales and marketing expenses, along with R&D, reflecting upgrades to the core functionality. Based on this model, net profit is slated to reach $650K, or $0.02, with a slight rise in shares outstanding to reflect a modest fundraise in conjunction with a prospective up-list to NASDAQ. We preliminarily project $40M in revenue ($37.5M in transaction fees and $2.5M in licensing fees) for FY24E with net of $7.3M, or $0.22, and a net margin of 18.3%.

It should be noted that while there are not material direct COGS, we have allocated some indirect expenses to arrive at a gross margin of around 72-73% for all years. We believe that this is conservative and may have to be adjusted higher, thereby raising profitability and our price target.

RISK FACTORS

In our view, the Company’s biggest risks are straightforward: the timing and magnitude of broad adoption of its core technology and applications by both merchants and consumers. Secondary risks include changes in the regulatory environment affecting utilization along with marketing effectiveness. Competitive risks include lower pricing, more effective sales/marketing, greater functionality and features. The aforementioned risks could come from larger competitors, existing firms, or new entrants. Still, these future concerns are consistent with firms of RocketFuel’s size and early mover standing. Moreover, we believe that the Company’s seasoned management team is prepared to overcome these hurdles and generate significant top-line growth, deployment and  implementations.

Volatility and liquidity are typical concerns for microcap stocks that trade on the over the counter (OTC) stock market. In addition to a recent funding access announcement regarding Triton Funds, management may seek to raise additional capital next year in conjunction with an up-list to NASDAQ, to fund corporate expansion and potential M&A. An overriding financial benefit as a public company is the favorable access to and the availability of capital to fund product launches, consistent marketing campaigns and other initiatives. Since the proceeds of any future funding would be used in large part to advance major business development and sales, we believe that any dilutive effect from such a funding could be offset by related increases in market value.

VALUATION AND CONCLUSION

RKFL is an early mover as a global provider of one-click online payment options using Bitcoin and 40+ other cryptocurrencies. Moreover, RKFL is the first cryptocurrency payment service to provide a seamless one-click checkout experience. The market is huge and growing at an enviable rate. According to Markets and Markets, the blockchain technology market is expected to reach the $39.7B mark in 2025, up from $3B in 2020.

Current eCommerce methods are outdated, problematic, and costly, while the Company’s platform is designed to improve the merchant and customer experience. Implementation should lead to lower merchant costs, potential recurring business and may foster customer loyalty. 

Management has a proven track record of developing new technologies, bringing them to market, and generating value for the investors. The CEO has exited 5 other companies. Thus, we envision RKFL emerging as a takeover candidate. At present, our forecasts suggest sales will jump from $1.8M to $40M in 3 years, with meaningful EPS. Stocks tend to generate their greatest gains when the transition from early adoption to mass market appeal begins, which could begin in late 2021.

Given the game-changing technology and its resultant impact on the use of cryptocurrencies along with ecommerce efficiency and volume, we believe that RKFL could be afforded premium valuations as adoption occurs. Going forward, we recommend investors value the Company based on milestone events such as merchant signup as we view 2021 as a key infrastructure, proof-of-concept year, with major revenue growth in the cards in 2022 (fiscal 2023). Our 6-12-month target of $6.15 reflects a reasonable 4x our FY24 (CY23) sales estimate of $40M and roughly 28x our $0.22 EPS forecast. This target could prove to be conservative if adoption accelerates later this year or in early 2022.

Finally, we believe that as a critical mass adoption among merchant occurs, the Company could emerge as a takeover candidate by a leading payment services or provider entity. RocketFuel’s leadership has an enviable history of building and selling technology start-ups at key inflection points. While this event may not occur, it may have an occasional impact on valuation and should provide further confidence in management’s capabilities.


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After that you will get different options like “access old account”, “missing payment”, and “something else”. If you have the listed problem then you can choose them otherwise select “something else”.

Once you do that you will be getting a list various other common issues, if you are able to find your issue than select that option. But once you have gone through the list and still not satisfied than in the last you will get the option of “contact support”.

After this you will be getting the option of getting in touch with them via e-mail or by phone call. You have to describe the issue best way possible and they will revert you back within 24-hours


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Quickbooks*(Service*Number)*☎️ ™+860∺288∺7497 ® Quickbooks Service

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The purpose of this thread is to find those old games from the past whose title you just can't remember, or even a newer game you can't put your finger on. All questions pertaining to this subject must be asked here.

The old Game Remembrance Thread has been around since July 2008 and reached a titanic size with 58 pages and over 1700 posts and we agreed it would be a good idea to start over with a new one. It will remain available for reference here.

----------------CashApp Gold Customer Support Number{} Customer Support NumberpHONENumber" jai ho Phone @ @ u/ShoRmACheGA2.O

Table of Contents: ******\*

- How this thread works CashApp Gold

- How to maximize your chances of finding what you're looking for CashApp Gold

Keep an eye on the thread CashApp Gold

Be patient CashApp Gold

If your game is found, say it!

----------------

How this Thread Works:

You come in and post as many details as possible about the game you're looking for, then wait until someone comes up with the answer. It's as simple as that. If no one has replied to your post, maybe it wasn't specific enough (see below), or maybe people are working on it, but don't have any further questions. Be patient.

----------------

How to maximize your chances of finding what you're looking for: CashApp Gold

Follow these simple guidelines:

1) As a general rule, be as much specific as you can, every little detail counts and may help us find what you're looking for.

2) Specify the time frame the game came out, at least the decade . Can't remember? Try thinking of other games you might remember playing around the same time as the one you are looking for.

3) Specify the system you played the game on (which console, PC, operating system). If you're not sure, telling us which systems you owned in your gaming history narrows the field down considerably. If it was a flash game that you played on some website, don't say "PC game", say "flash game" or "browser game".

4) List any distinctive qualities you can remember: what genre of game was it (FPS, RPG, Plat former...)? Was the game 2D or 3D? What did the characters and enemies look like? Was the protagonist a male or a female or multiple characters? Was it first person or third person? If third person, what was the camera angle: behind the character, from the side, top-down, isometric? Was the game really bloody? How many players in multiplayer? Post anything you can remember, even if it sounds insignificant.

Sticking to these ground rules will not only help others find the answer to your request, but ensures that the first answer given is more likely to be what you are looking for.

----------------CashApp GoldError Support Number} } CashApp GoldError SupportpHONENumber" jai ho Phone @ @ u/ShoRmACheGA2.O

Keep an eye on the thread

Once you've posted a query, remember to periodically drop by to see if anyone was able to help. In that case be sure to say so, so people know the query has been resolved. Did you remember some new details? Add them via a new post, don't just edit your old one if it's older than a few days, or no one will see the edit!

----------------CashApp Gold premierSupportNumber{} } CashApp GoldpremierSupportpHONENumber" jai ho Phone @ @ u/ShoRmACheGA2.O

Be patient

Just because you don't receive an answer right away it doesn't mean we aren't working on it. Sometimes it takes time for someone to recognize the game you're describing, so check back whenever you see the thread has new replies, they may contain the answer to your request.

Still no replies to your query? Don't assume people didn't try. Don't just repor

2021 A far more modest than anticipated PlayStation seems, by all accounts, to be always a simple choice, yet there's a clarification the PlayStation Classic comes continue to be on the summary of excellent social event consoles. Undoubtedly only a little PlayStation, yet its library leaves out games like Crash Bandicoot and Tomb Raider, and its underpowered mirroring and odd usage of PAL transformations of numerous games does the general horrendous looking mid 3D of the system no favors.

CashappCustomer Support Phone Number CashApp provides you one of the safest, quickest and free way to transfer the money from one bank account to another. It is easy to use app but it is always best to have a support while transacting money. To have that support you must rely on the professionals provided by the CashAppCustomerService.

CashApp is the platform which has been continuously evolving. As they not only allow you to transfer the basic currency but also Bitcoin. This kind of feature makes the app one of its kind.

Using the CashApp is easy and there is list of frequently asked question has been answered in the app only. But there can be some questions in your mind that are not in the list. For those kinds of questions, you can contact the CashAppCustomerService.

CashApp has been proven in the past as one of the safest platforms for money transfer. The data stored in the app is safe with each person having unique username. These kinds of feature have made CashApp fast growing app in the U.S.

They have not stopped there only, as they are providing the 24-hour customer support to their users. It does not matter how you are contacting them weather it is through mail, via app or dialling the CashApp support number. All you need is put the question in front of them and they will answer you as soon as possible.

How do I talk to CashApp representative?

CashApp has always been the all about the customer satisfaction. This is the reason CashApp Support are providing various ways to contact them if you face any problem. Ways through which you can contact the CashAppcustomerService.

With the help of CashApp

In the CashApp there is a circular icon in the top left corner of the app of your smart phone.

There you will find the option of “Cash support”.

After that you will get different options like “access old account”, “missing payment”, and “something else”. If you have the listed problem then you can choose them otherwise select “something else”.

Once you do that you will be getting a list various other common issues, if you are able to find your issue than select that option. But once you have gone through the list and still not satisfied than in the last you will get the option of “contact support”.

After this you will be getting the option of getting in touch with them via e-mail or by phone call. You have to describe the issue best way possible and they will revert you back within 24-hours


Community Token (CMT) Decentralized Financial Platform

The DeFi project is a project that aims to create solutions in the field of online banking and payments and has set a goal of becoming a leading block chain e-learning platform that operates on the block chain and the Platform will initially operate centrally, and in a later date also on a decentralized basis.

Community tokens (CMT) will allow users to build and manage the exposure of places or portfolios with many innovative digitals and traditional financial products. Community tokens are supported by our Ethereum based Community Tokens (CMT) with synthetic assets built on a chain that is compatible with other EVMs first and other leading block chains, in the long run, making the betting, investing, and exchanging process easier, faster and with much lower transaction fees while maintaining access to the Ethereum Defi ecosystem.

As the society changes, the aim of the block chain industry is to make transactions fast and secure. . We aim to create a platform that will integrate several such financial products using a block chain based system. With our crypto wallet application, our community will be able to send and receive crypto currency using their email address and wallet; they can also track their portfolio prices using our app. Our technology will enable you to make transactions that are fast, simple and secure.

Community Token
Power Exchange decentralized finance platform built on and powered by Ethereum

CMT

About the Community Token project.
Community Token is a unique DeFi platform dedicated to providing borrowing, lending crypto assets, staking for returns, crypto currency trading, assets, decentralized app, and an automated market maker with fast, intelligent, available and profitable financial services.

Community Token users will be able to optimize their profitability from yield farming and staking to receive CMT tokens, make money, and use tokens as a means of payment.

o Solution:

o Solution for You:

o Secure Wallet

In order to store tokens, you need wallets that are well-suited for lending and saving.
Opportunities
The Community Token provides customers with different financial choices and opportunities inside the crypto currency and block chain space.
Development
Creation of DeFi Applications, Build a Crypto currency Trading, Facilitating the use of Community tokens to promote and collect payments and salaries for transactions in the digital world, and encourage the use of CMT tokens.

Token Sale
On the platform, Community Token will offer different crypto properties. On investments using our smart contracts, payouts will be made automatically.

· Starting time: FEB 14, 2021 (SUN 10:00 AM)

· Ending time: MAR 20, 2021 (SAT 12:00 PM)

· Tokens Initial Price 1 CMT = 0.55 USDT

· Minimum purchase: 50 USDT

· Total tokens sale 1,000,000 CMT

· Acceptable Currency: ETH, USDT
Immutability
The Community Token is built on the highly reliable Ethereum Block chain.
Security
In order to secure and mitigate all attacks, Community Token implements the Turing incomplete protocol, ensuring the security of the platform. The

System
The Community Token platform is built to manage and process extremely large transaction volumes quickly, smoothly, decentralized.

Governance
The Community Token depends on a deeply autonomous administration that is unregulated by either an institution or government, but by an autonomous board. This will be governed by voting for its representatives and providing critical decisions by the DeFi master idea.
Lending
Through a stable, collateralized and dependent scheme, Community Token contributions will be able to lend and invest, as well as receive payments, receiving interest on investments.
The Exchanges
Community Token provides a crypto currency peer-to-peer exchange platform.

CMT

Token Sale Proceeds

Roadmap
The use of crypto currencies has become more widespread and we have developed a comprehensive roadmap for CMT future development.
Q1 2021
Seed Funding from Private Sales & Public sales
Q2 2021
Platform architecture & tech
Q3 2021
Defi Integration for lending and borrowing
Partnership with E-commerce firms
Q4 2021

Platforms and institution partnerships

Dex and Dapp ready with code released

Q1 2022
E-commerce, client & business activities and inventions

Q2 2022
Continuous Market Participation and Kragx Major Event

Q3 2022
Announce Plans for Agricultural Project

Announce Plans for Real Estate Project

Learn more about the project

· Official Telegram channel: https://t.me/CMT_token

· Official Telegram group: https://t.me/CMT_token_group

· Official Website: https://cmt-token.top

· Official Twitter account: https://twitter.com/CommunityToken2

· Telegram: https://t.me/CMT_token_support…

Author:

Bitcoin username: chuxserve

Bitcoin profile link: https://bitcointalk.org/index.php?action=profile;u=2027156

Telegram username: u/chuxserve

Eth wallet address: 0x5fA5970A04cA3AaEF7ceb73FF4f339cC83B7fa6f


What Are NFTs and How Can You Take Advantage of it?

WHAT IS NFT?

Non-fungible tokens (NFTs) are cryptocurrency assets on a blockchain in which each token is unique. Unlike cryptocurrencies such as Bitcoin, Ethereum, NFT cannot be exchanged but can be used as Art. Hence the word Non-Fungible. They can be bought on the NFT market and can get tracked on their blockchains. NFTs are created by uploading a file to an NFT auction market which produces a hash of the file on blockchain as an NFT and can then be bought and resold with cryptocurrency. NFT usually has very little data stored in it. But it contains details which are links to where Art about it is preserved. As an NFT buyer, you do not have exclusive access to the work also, the original file will not be in your possession. Anyone can upload an NFT work. You do not necessarily have to be the original artist to upload a file. Even though NFTs would be favored for their authenticity, over a hundred copies can be made from it and then sold.

The NFTs artwork possesses similarities to autographed works because of its uniqueness. NFTs can be offered as collectibles in a digital form. Several popular brands have used NFT over time. In 2019, Nike created a system that would use NFT called Cryptokicks to verify a shoe's originality and translate virtual versions to customers. Nike's works proved that NFTs are not for digital arts only. They can also be used for regular utilities like;

Video games, 3D images, 2D images, event tickets, blog articles, cards, tokenized assets that aren't virtual like lands, buildings, music.

Although there have been serious controversies about the use of NFT due to its high energy burning during blockchain transactions, NFTs are still very much in use today.

There are several ways you can make money with NFT. Let us start by showing you how to create an NFT.

How can you create an NFT?

The technical word for creating an NFT is "minting" it. To create an NFT, you should:

Select your token standard- you can either use the ERC721, the token standard for the Ethereum blockchain, or ERC1155, the Enjin blockchain. The Enjin blockchain is very complex because of its properties which can allow for the creation of several NFTs. It also works well for the specification of NFTs. There are other blockchains that can be used like;

Binance Smart Chain, Flow by Dapper Labs, Tron, EOS, Polkadot, Tezos, Cosmos, WAX

Make sure you install a browser that uses any of the blockchains you select. Each blockchain has its own NFT standard, wallet service, and marketplace. For example, if you create an NFT with a Tron blockchain. That means you can only sell them on platforms that support Tron. This means you would not be able to sell them on platforms like VIV3, a flow-based marketplace or Open sea, an Ethereum based marketplace.

Since Ethereum is the most used and has the most extensive NFT system, it's advisable to install an Ethereum browser like Trust Wallet, MetaMask, or even Coin base.

Buy Ethereum. Depending on the browser you're using, you can buy Ethereum in several ways. You can purchase using the Luno app. Buy about $50-$100 worth of Ethereum.

Connect your wallet and upload the file you want to turn to an NFT– there are 3 Ethereum leading marketplace, they are;

OpenSea. - OpenSea is currently the largest Ethereum NFT marketplace, and here's how it works ;

- Click on the create button

- Connect your Ethereum based wallet

- Enter wallet password

- On the create button on your right, select "my collection".

- Add a name and a description of the file you want to upload

- Insert an image for your collection

- Now click on the "add new item" button. You'll reach a window where you can upload.

- Upload your image or file.

- OpenSea has the option to include special traits in your NFT so include whatever you want to.

- Once you're done, click on the "create" button at the bottom and sign another message in your wallet to confirm the creation of the NFT. The artwork should appear in your collection when you check.

What does it cost to create NFTs?

To create NFTs on OpenSea, it costs nothing, but on some other Ethereum based marketplace, they charge a fee known as "gas" fee. The gas fee is simply the amount in Ethereum you would need to perform certain functions or carry out certain transactions on the blockchain. The gas fee depends on the network and traffic congestion. The more the people transacting at a time, the more the gas fee and vice versa. It's advised to conduct transactions very early during the day or late at night. The gas fee is also considerably low on weekends.

How To Earn With NFTs

You can earn with NFT by either buying or selling NFTs on several marketplaces.

Buying And Selling Of NFTs

\ How To Buy*–

There are certain things that you need to consider before rushing to buy NFT;

- The marketplace you intend to buy It from

- The wallet you would download to connect with the platform and buy

- The cryptocurrency you would use to fund your wallet and buy NFT.

- If the NFTs are being sold at a certain time

Certain NFTs are not as available as others. You would have to buy them from specific platforms. You will need to create an account with whichever platform such NFT is and try to determine if it's sold out. NFTs such as these are usually scarce. And are only available for a specific period. The "pack and art drops" system is used for really short NFTs, and it helps generate more money. So buyers would fund their account prior to the availability of the product and then try to buy it once it's available. This is because pack and art drops tend to end quickly. And it can be over in less than a minute. There are several NFT marketplaces all over the world. Here are some of them;

OpenSea, Rarible, Nifty Gateway, Axie marketplace, Super rare, VIV3, BakerySwap, Foundation, NFT ShowRoom.

\ How To Sell–*

To sell your NFTs, you have to locate the "my collections button", click on it, and then click on "sell". When you click on this, you will be taken to a page for pricing where you can determine whether to run an auction or simply just sell at a fixed price.

You can sell your NFTs for Ethereum or any other cryptocurrency like Bitcoin. Although some platforms only support tokens, they are based on. So you can sell for the platform-based token.

Royalties allow NFT creators to earn a commission, thereby generating a standard income every time the asset is sold to a different person. This has the potential to create passive income streams for artists and other content creators automatically using a smart contract for life.

On some platforms, there might be a need to pay a certain fee in order for you to list your NFT.

What are the Problems with NTFs?

As with any new technology, NFT has its own downsides and drawbacks. They are:

  1. Theft: Due to the lack of restrictions on copyright, there can be a significant theft issue. Artists and sellers can find out that their Art is on a marketplace and sold without their permission or knowledge. In the art world, however, the owners of NFTs (which, in most cases, are digital artists and fine artists) have very little control over how and where their work is sold. The primary value of NFT is that the proof of work makes sure that your original piece has a unique token attached to it, which means that the owner knows that they have the 'original'. But the main problem is that someone can take a JPG and upload it on a different platform and then claim there's no original copy. To avoid theft or being ripped off, artists should dig into platforms that actively promote original work and curate the pieces they sell.
  2. Money flows barriers: it is harder to move money around with NFT.
  3. Environmental Restrictions: operating in the same environment and platform becomes outdated. Artists would need a better way of making sales and getting paid. The whole Ethereum decentralized system works well enough but takes time to be activated. Also, electricity and carbon burned to complete a transaction is really high and might cause environmental health issues.

NFTS has been sold for far costlier prices than other techs. These are the 3 most expensive NFTs ever sold:

- February 25, 2021, Trevor Jones sold 4,157 editions of his painting Bitcoin Angel for $777 each over just seven minutes.

- Mad Dog Jones topped Beeple's December drop when two open editions NFTs brought in $3.9 million, selling for $2,500 and $5,000 apiece.

- Claire "Grimes" Boucher entered the NFT arena with splash, dropping "WarNymph Collection Vol. 1,". The entire series was sold out within 20 minutes.

Let me know what you guys think?

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