Cardano Rumor Rundown June 20, 2021

Hey Everyone!

Let's go...

Newly covered today:

1. Cardano 360 is this coming Thursday the 24th! https://twitter.com/InputOutputHK/status/1405067848452657153
2. It’s Project Catalyst voting time. You have until the 25th! https://twitter.com/InputOutputHK/status/1406213172781060097

Previously Covered but still interesting:

1. The Ecosystem is getting even bigger every day we inch closer to Alonzo! https://twitter.com/TyIsDigital/status/1394345977952284676
2. The Cardano Foundation is out to do something incredible with supply chains as described in the fireside chat! In his previous Cardano Live appearance, Frederik Gregaard, CF CEO, also expressed a very healthy and sustainable perspective on what DeFi should become. He compared the current state of DeFi to just moving funds from your left pocket to your right pocket and taking profit. https://youtu.be/d8uPMZplfeM https://youtu.be/xbMSQUA1lss
3. The ISO model entering the capital formation toolbox in Cardano is going to make the stake pool game extremely interesting with SPOs scrambling to find the right balance between rewarding ADA and giving their delegators other things like tokens. Some stake pools could even become like portfolio funds with relationships with many different projects the tokens of which are given to delegators. Babel Fees could also play a role here for smart SPOs as they may allow access to a wide variety of tokens in the ecosystem that could be used to reward delegators with a sort of index fund exposure to a wide variety of Cardano projects.
4. May Cardano 360 coming one week from today (always the last Thursday of the month). https://twitter.com/InputOutputHK/status/1395117067960045569
5. New delegations from IOHK are out. Congrats to the selected SPOs. https://twitter.com/InputOutputHK/status/1395087751746310156
6. The Cardano Foundation has released the full video of the Fireside Chat with Eva and Fred. Lots of questions answered on a variety of fronts. Very interesting remarks including that in discussions with financial institutions, Fred has found they are interested in exposure to the alpha provided by the asset class in general, tokenization of assets, and the yield provided by staking rewards. Fred counters that they SHOULD be far more interested in the Cardano standard including the concepts of reference accounts, programmability of money, and transaction metadata. https://youtu.be/JW6s9Jkyazg
7. In a video press release yesterday, the Fed finally admitted that it’s moving toward a central bank digital currency (just like every other central bank). This will eventually be impactful on Cardano and every other crypto ecosystem. https://youtu.be/WOAQxpG79Ag
8. The Treasury is trying to figure out how to get cryptocurrency regulation in a headlock. This will probably go hand-in-hand with the Fed’s March toward a CBDC. Afterall, what good is all the tracking and monitoring afforded by a CBDC if it’s easier for everyone to just use a non-central bank digital currency? Tax evasion in crypto is also obviously a target problem since we know only about 800 people a year paid taxes on crypto in 2013-2015. https://www.cnbc.com/2021/05/20/us-treasury-calls-for-stricter-cryptocurrency-compliance-with-irs.html https://home.treasury.gov/system/files/136/The-American-Families-Plan-Tax-Compliance-Agenda.pdf https://www.businessinsider.com/bitcoin-taxes-overview
9. The Cardano Foundation has released the full video of the Fireside Chat with Eva and Fred. Lots of questions answered on a variety of fronts. Very interesting remarks including that in discussions with financial institutions, Fred has found they are interested in exposure to the alpha provided by the asset class in general, tokenization of assets, and the yield provided by staking rewards. Fred counters that they SHOULD be far more interested in the Cardano standard including the concepts of reference accounts, programmability of money, and transaction metadata. https://youtu.be/JW6s9Jkyazg
10. In a video press release yesterday, the Fed finally admitted that it’s moving toward a central bank digital currency (just like every other central bank). This will eventually be impactful on Cardano and every other crypto ecosystem. https://youtu.be/WOAQxpG79Ag
11. The Treasury is trying to figure out how to get cryptocurrency regulation in a headlock. This will probably go hand-in-hand with the Fed’s March toward a CBDC. Afterall, what good is all the tracking and monitoring afforded by a CBDC if it’s easier for everyone to just use a non-central bank digital currency? Tax evasion in crypto is also obviously a target problem since we know only about 800 people a year paid taxes on crypto in 2013-2015. https://www.cnbc.com/2021/05/20/us-treasury-calls-for-stricter-cryptocurrency-compliance-with-irs.html https://home.treasury.gov/system/files/136/The-American-Families-Plan-Tax-Compliance-Agenda.pdf https://www.businessinsider.com/bitcoin-taxes-overview
12. Charles has now added the Jack Dorsey edition to his series of “Let’s Educate Crypto Adjacent Celebrities” videos. https://youtu.be/lMZ1xQzWtl4
13. ...and still...KINGS OF THE GITHUB! May our reign never end. https://twitter.com/ProofofGitHub/status/1395771379929255945
14. Some banks still won’t allow customers to buy crypto with their accounts. In 2021, this is still a thing. https://twitter.com/CryptoCardano_/status/1395933037192437763
15. Even the Pope is condemning Proof-of-Work? At least, that’s how the crypto community took a recent tweet. https://twitter.com/Pontifex/status/1394993742226939905
16. Apparently, you can now have your own Stakepool run for you for $122/month in a Stakepool-as-a-Service arrangement. https://twitter.com/ChrisGraff/status/1396169061487333380
17. If you want to see how the Cardano NFT space has been heating up, you can check out CNFT resale listings at Lovelace Marketplace. https://lovelacemarketplace.io/all-categories/
18. Ethiopia awards new Telecom license as promised. The winner, a consortium including Vodafone, Safaricom, and Sumitomo; will invest $8 billion in their network in Ethiopia in the next 10 years and will cover the country in 4G. https://www.bloomberg.com/news/articles/2021-05-22/ethiopia-awards-new-telecoms-license-to-vodafone-consortium https://twitter.com/AbiyAhmedAli/status/1396060475184533505
19. Check out this new infographic explaining how World Mobile Works! https://blog.worldmobile.io/post/how-world-mobile-is-connecting-the-unconnected-infographic/
20. Cardano hits 1MM wallets! https://twitter.com/Cardano/status/1396331888093061121
21. Set your calendars! The May Cardano 360 is this Thursday! https://twitter.com/Cardano/status/1396331908632653830
22. Charles releases a 90 Day Countdown to Alonzo video. https://youtu.be/u6negi1yAQQ
23. Institutional inflows into Cardano get some coverage by the crypto press. https://cointelegraph.com/news/cardano-sees-largest-weekly-inflows-from-institutional-managers-coinshares
24. Charles and Kim Dotcom have a conversation about PoW miners possibly fleeing China with all of their hardware. https://twitter.com/KimDotcom/status/1396964996693708801
25. Cardano gets a little coverage on NBC for it’s energy efficiency. https://www.nbcnews.com/tech/tech-news/cryptocurrency-goes-green-proof-stake-offer-solution-energy-concerns-rcna1030
26. Plutus Pioneers Lecture #7 is out. https://youtu.be/_EDJt55vOB0
27. Yesterday was ADA Payday with the end of Epoch 267. I hope everyone made lots of sweet delicious staking rewards! https://adapools.org/epochs
28. Paypal moving away from the “walled garden” model. This is decentralization teaching the legacy institutions a lesson. https://www.coindesk.com/paypal-will-let-customers-withdraw-crypto-exec-says
29. Charles is interviewed on Yahoo Finance where he explained: 1) how the lack of an obvious decentralized governance system in ETH and BTC will cripple their efforts as they attempt to scale and the founders/core developers start losing prominence, 2) the ADA EUTXO system is vastly more scaleable with it’s local state being so much more amenable to sharding than ETH’s global state system, 3) Cardano has a high willingness to bring on users in hypergrowth areas like Africa where ETH seems to have little interest, and 4) ETH does not seem to be as highly concerned with interoperability which might become highly valuable in the future. https://twitter.com/YahooFinance/status/1397593275826151424
30. Cardano 360 is tomorrow. Don’t miss it if you want to hear about all the awesome things happening with Alonzo (smart contracts), Hydra (scalability), and everything else! https://twitter.com/InputOutputHK/status/1397549347592675338
31. The May Cardano 360 was yesterday and we had lots of updates including the Color Coding for the different stages of the testnet! https://www.youtube.com/watch?v=SS33gRj9JYE
32. Alonzo “Blue” Era Testnet (through mid June; <50 user cohort) will include the basic functionality of the system for testing basic contracts . Initially the SPOs will be included, then some of the Plutus Pioneers will be allowed in, then a few of the outside development firms (Plutus Partners). The Plutus Partners will be working on specific areas including oracles, DEXs, stablecoins, NFTs, and DeFi. This will produce code and documentation that will be publicly available.
33. Alonzo “White” Era Testnet (mid June to mid July; <500 user cohort) will add more Plutus Pioneers and more functionality. They will develop various dApps and there will be interaction on the user side of these dApps. They will do some benchmarking at this stage.
34. The Alonzo Hard Fork Combinator Event requires a lot of different pieces come together at the same time. But, this is not their first rodeo and they have a lot of experience with this from the ITN, Shelley, and etc.
35. Alonzo “Purple” Era Tesnet (mid July to mid August; fully public) will involve a full public network with all of the Plutus pioneers, the Rosetta Api to the exchanges, Daedalus, hardware wallets, graphQL, and full functionality. The purpose of this phase will be optimization.
36. Alonzo “Red” Era Tesnet (August; a very short phase) will involve a new network where they can test scalability and stability.
37. Alonzo “Black” Era Tesnet (August; a very short phase) will be the final public testnet where they will ensure they have their candidate mainnet releases ready to launch on the mainnet.
38. They are committed to making sure there is a very large group of people who are familiar with using the Alonzo testnet by the time the mainnet launches.
39. Alonzo Mainnet (August-September). It’s looking like Alonzo mainnet launch was positioned in very late August through September in the infographics. That makes me assume there is a chance of August, much better chance of September, and also some chance of October or later. This is blockchain development after all. Also, we’ve waited years. Why care about a few weeks?
40. There will be another Plutus Pioneers Cohort later this summer.
41. Marlowe Run will be a browser product that can run on mobile or desktop. It can be linked to your wallet and be used to run Cardano smart contracts simultaneously on a distributed basis across multiple user browsers. The user interface is light years ahead of anything we saw in Marlowe Meadow or the Marlowe Playground simulations. It will include a library of off-the-shelf contracts.
42. There will be a Marlowe Webinar on June 3. Register here: https://webinar.marlowe-finance.io/
43. The ERC-20 converter was looking very intuitive and seamless in the new demo. It should be on the testnet in June.
44. Manuel Chakravarty gave a big update on Hydra (layer 2 scaling). Hydra will not require that the base layer be modified since it will be implemented via Plutus smart contracts. Hydra is actually a collection of protocols including Hydra Head and Hydra Tail. Hydra Head is a symmetric protocol where multiple participants will be online simultaneously for the whole period of the head exchanging messages. Hydra Tail is an asymmetric protocol involving a high performance server and many clients that may be mobile and could be offline for large portions of the tail’s existence. There will also be “inter head & tail networking” which will allow for a network of heads and tails. They have a published research paper on Hydra Head. They are currently writing the Hydra Tail paper.
45. Hydra is distinguished from other layer 2 protocols by its isomorphic properties. This means you will be able to run any smart contract that works on the base layer in a Hydra Head! This is very special. We won’t need special purpose contracts built out just for layer 2. There are some big implications to this. Since a Hydra Head is essentially just a Plutus smart contract, this means you can run a Hydra Head inside another Hydra Head. It’s turtles all the way down, guys. It sounds like they can do this iteratively as much as they want.
46. Aggelos also gave a good presentation on the importance of “skin in the game” in resource based consensus protocols (both proof-of-work and proof-of-stake) and its effect on promotion or discouragement of centralization. He explained how Ouroboros has built-in safeguards to prevent centralization including the K parameter (currently at 500) which caps total rewards per pool and the alpha parameter (currently at 0.3) which splits rewards into a 77% piece and a 23% piece. A pool can take its share of the 77% piece based on the pool’s total stake and its share of the 23% piece based on the pledge of the SPO. A higher alpha parameter makes it less attractive for individual SPOs to proliferate multiple pools since they can’t be as leveraged on their available pledge and still get as big a share of the 23% piece. This also discourages Sybil Attacks. As Cardano on-chain governance progresses, these parameters will be controlled by the community.
47. There will be a Cardano Goguen Summit in September. It will be hybrid digital/in-person.
48. Charles is helping to bring the cryptographer who broke SHA-1 to the University of Wyoming. The Cardano funded blockchain lab there could be on the road to be a powerhouse. https://twitter.com/CaitlinLong_/status/1398290866419105802 https://en.wikipedia.org/wiki/Yiqun_Lisa_Yin
49. We don’t often get to hear from the engineers behind Yoroi over at Emurgo. But, here’s a podcast with Vicente Almonacid from Emurgo. Check out 12:50 where he mentions the dApp Connector (Cardano’s Metamask Equivalent). https://twitter.com/vacuumlabs/status/1397847633696280576
50. Check out this great article from Cardanians.io on the work being done at the University of Wyoming on a physical chip for transfer of private keys in day-to-day cashlike transactions. https://cardanians.io/en/cardano-can-give-crypto-a-cash-like-experience-58
51. Professor Aggelos Kiayias recently dropped a video explaining exactly how Mithril (apparently neckbeard dungeon master talk for elf armor) is going to allow for Perfect Cardano (ADA) wallets that combine the ease of use and convenience of light wallets with the trustlessness of full node wallets. We also learned exactly how Mithril is going to work. https://youtu.be/LhepJFCyWRk
52. In proof-of-work, bootstrapping can be done with blockheaders. This won’t do in proof-of-stake since we need information about stakeholder distribution to confirm block validity.
53. Mithril fixes this by being a cryptographic construction that enables a population of stakeholders to issue a signature consistent with certain constraints.
54. For Mithril to work in proof-of-stake, it needs three crucial properties: 1) it needs to enforce a threshold ratio of stakeholders before the signature is issued; 2) the pre-signature fragments must be independently verified and subject to public aggregation; and 3) it must be efficient in the sense that the final signature is of constant size and is logarithmically dependent on the # of stakeholders.
55. Stakeholders will issue special Mithril keys along with the normal cryptographic key material. Then at regular intervals, full nodes will test whether they can produce a pre-signature fragment. Only a random subset of stakeholders will be eligible to produce a pre-signature fragment. When a sufficient # of pre-signature fragments have been issued by eligible stakeholders then it will be possible to aggregate the fragments into a final signature.
56. This will be a checkpoint that will be verifiable with respect to previous check points all the way back to the genesis block. Such checkpoints will be cryptographic commitments of the relevant UTXOs.
57. Since the checkpoints will be trustless, a light client (i.e. wallet) will only need to verify the sequence of checkpoints up to the current time to trustlessly bootstrap.
58. The ecosystem is growing so fast, it’s hard to keep up with all the projects without these infographics at this point. https://twitter.com/Dr_shwetaPHD/status/1398783893638103040
59. The Cardano subreddit is at 487k users. Half a million isn’t far away. https://www.reddit.com/r/cardano/
60. Epoch 268 is a wrap as of yesterday with 22.83 billion ADA staked. https://adapools.org/epochs
61. Check out the telegram AMA tomorrow with the CEO of World Mobile! https://twitter.com/ZwijBerg/status/1399377659105320962
62. A very interesting stat on Cardano user growth. https://twitter.com/cex_io/status/1398959088684445699
63. Don’t forget, the Marlowe webinar is this Thursday! https://twitter.com/InputOutputHK/status/1399444331556225027
64. More and more people in the youtube sphere are jumping on the Cardano train. https://twitter.com/techleadhd/status/1399398373384351744
65. Reuters reports on an EU digital identity wallet project. https://www.reuters.com/business/finance/eu-step-up-digital-push-with-digital-identity-wallet-2021-06-01/?taid=60b6e171efd84f0001b64ae1&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter
66. The U.S. Currently has Issued Sanctions on Ethiopia, but they are not all-encompassing economic sanctions as with rogue nations, they have just barred entry into the U.S. for certain government personnel. https://www.nytimes.com/2021/05/24/world/africa/ethiopia-us-sanctions-tigray.html
67. Vitalik is saying it’s highly unlikely we see ETH 2.0 before late 2022. I’m guessing that means mid 2023 which will be after two years of Cardano slaughtering the entire ETH user base. Things are looking so bad that Vitalik says he doesn’t even like using the ETH 2.0 label anymore since he knows the changes will be more incremental. This is what early capitulation sounds like guys. https://cointelegraph.com/news/even-vitalik-buterin-is-surprised-at-just-how-long-eth2-is-taking
68. Cardano-Nervos cross-chain bridge to be built. This would be at least the second cross-chain bridge after the Cardano-AGI bridge. https://www.coindesk.com/cardano-nervos-force-bridge-network-first
69. Sundaeswap ISO delayed due to regulatory concerns. This brings up interesting questions for the whole space about requesting regulatory permission vs. possibly being forced to ask for forgiveness. https://www.sundaeswap.finance/posts/iso-update
70. Tim Harrison has announced that the transition to Alonzo Blue was successful. https://twitter.com/timbharrison/status/1400481879883649034
71. Finally, 500k users in the Cardano Subreddit! https://www.reddit.com/r/cardano/
72. We got a nice update on the first week of Alonzo Blue. https://twitter.com/InputOutputHK/status/1400876181122174977
73. And….still! Kings of the github! https://twitter.com/CryptoDiffer/status/1400744567956180993
74. Epoch 269 is in the bag with active stake of 22.77 Billion. Hope everyone made lots of delicious staking rewards! https://adapools.org/epochs
75. Binance has 63 stakepools charging 6%. Please stop paying so much for the right to stake your ADA. You don’t have to pay that much. You have a huge number of better options. You are literally giving away your ADA rewards to a large corporation. It’s easy: just download the Yoroi Chrome extension, send your ADA there, and pick from the 2k+ available stakepools right inside Yoroi. https://twitter.com/BraveHeartStak3/status/1401204563189940231 https://adapools.org/groups/binance-20 https://play.google.com/store/apps/details?id=com.emurgo&hl=en_US&gl=US
76. Nigeria Bans Twitter after Twitter censors Tweet from Nigerian President. This emphasizes the need for decentralized social media. A decentralized solution running on Cardano could fix this. https://www.cnn.com/2021/06/04/africa/nigeria-suspends-twitter-operations-intl/index.html https://www.youtube.com/watch?v=JilEb42q-CI
77. A Really Big Deal: El Salvador is on the verge of making Bitcoin legal tender in the Central American nation. https://www.youtube.com/watch?v=3uGOfqN2y9k
78. This could have huge ramifications for bank and accounting treatment of Bitcoin potentially including that banks might suddenly be allowed to handle Bitcoin as a foreign currency. Today it was BTC. But, wait until they find out what Cardano can do. https://twitter.com/CaitlinLong_/status/1401334421773504517
79. Nayib Bukele, President of El Salvador, also clarified that there will be no capital gains taxes on Bitcoin since it is a “legal currency” and crypto entrepreneurs will be given instant permanent residence. https://twitter.com/nayibbukele/status/1401622548396314631
80. Bitcoin enthusiasm seems to be off to a great start among other Latin American politicians after the fervor around the El Salvador announcement. This will serve as a great gateway drug that only leads to Gen 3 projects and Cardano. https://twitter.com/gilson__marques https://twitter.com/carlitosrejala https://twitter.com/gabrielsilva8_7/status/1401965129051389958 https://twitter.com/FabioOstermann
81. We are always the Github Kings. It’s amazing. https://twitter.com/CryptoIRELAND1/status/1402011593995603975
82. Charles basically just laid out what 4th Gen Cryptos are going to be all about in his video yesterday. https://www.youtube.com/watch?v=nkr1EKQrVeQ
83. Here’s a good Emurgo blog article on the use of Emurgo Trace in the Oil and gas industry. https://twitter.com/emurgo_io/status/1402339278097502210
84. IOHK gives us a closer look at everything being upgraded for Alonzo. https://iohk.io/en/blog/posts/2021/06/08/a-close-look-at-the-software-running-cardano/
85. We’re currently at 71.52% of ADA staked. This is a pretty incredible ratio and shows the strength of the Cardano community. https://twitter.com/CardanoPoolPeek/status/1402378400803794950
86. SEC Commissioner Hester Pierce warns about the regulatory impulse being displayed by her colleagues toward crypto and the impact it could have on the stifling of innovation. https://www.ft.com/content/ae0d40a1-8a4a-4885-a6a7-b157e27b3311
87. El Salvador passes the statute to make Bitcoin legal tender in the country. https://twitter.com/nayibbukele/status/1402827595339681794
88. Cardano gets more positive coverage on the Nasdaq website with a second article following the one from April 7 earlier this year. https://www.nasdaq.com/articles/be-part-of-a-historic-crypto-moment-with-cardano-2021-06-08
89. Prof. Aggelos Kiayias releases an article on a tri-coin system called Stablefees that could fix the problem of appreciating transaction fees in crypto. https://iohk.io/en/blog/posts/2021/06/10/stablefees-and-the-decentralized-reserve-system/
90. There’s very interesting speculation circulating out there about how El Salvador’s Bitcoin adoption might impact relationships with the U.S. and the IMF. https://twitter.com/cardano_whale/status/1403136968456765443
91. Elizabeth Warren is now talking about the U.S. needs to regulate crypto. https://twitter.com/BloombergTV/status/1402749016845262851
92. The mid-month Alonzo development update from IOHK is out. Alonzo blue is in full swing and they are working on “hello world round trips” going from the node to the ledger and back. Plutus Partners (third party functional dev firms) are working on different use cases ahead of the Alonzo launch. https://twitter.com/InputOutputHK/status/1403314932968574981
93. Miniswap gives us the dev perspective on why Cardano’s Plutus is such an improvement over Ethereum’s Solidity. https://twitter.com/MinswapDEX/status/1403411522110427137
94. Here’s a great ETH vs. Cardano DeFi project comparison infographic. https://twitter.com/Coin98Analytics/status/1403397242707320835
95. Charles recorded for the Lex Fridman Podcast. It went over five hours. This is a big deal given that Lex has 1.12 million subscribers and it’s closer to mainstream than a crypto audience. https://twitter.com/IOHK_Charles/status/1403498549300584448 https://www.youtube.com/user/lexfridman
96. The Marlowe Webinar with Shruti is now available on youtube. Very interesting discussion of DeFi in general and also specific topics like “deep interoperability” in DeFi. Cardano is obviously already doing the very involved thinking about the future of DeFi. https://youtu.be/vzsUSG5CSj0
97. John O’Connor recently tweeted about a day where he “wrote a letter to a president” and “found a million users to bring into Cardano”. Sounds like the Cardano train is rolling along as smoothly as ever in Africa. https://twitter.com/jjtoconnor/status/1402565547716399104
98. Zach Guzman and Mike Novogratz get an opportunity to prove once again how extremely threatened they are by the fact that they can’t frontrun Cardano at this point. https://twitter.com/IOHK_Charles/status/1404100510525841408
99. John O’Connor appeared on the Disrupt Network Podcast. bit.ly/3znqyB7
100. President of Tanzania calls on the central bank to prepare for the adoption of cryptocurrencies and blockchain technology. I wonder what crypto ecosystem already has experience working with an African government on a big crypto project and has partnered with a mobile company that is already bringing connectivity to rural Tanzania? https://twitter.com/DocumentingBTC/status/1404126444863766533
101. Hedgefund Billionaire Paul Tudor Jones tells the world to buy crypto and certain other assets if the Fed doesn’t address inflation in their policy meeting that concludes on Wednesday. JP Morgan’s Jamie Dimon concurs that the current inflation is very likely not transitory. This could be tremendously good timing for Cardano given our top five status and the impending mainnet launch of smart contracts. https://www.cnbc.com/2021/06/14/paul-tudor-jones-says-bet-heavily-on-every-inflation-trade-if-fed-keeps-ignoring-higher-prices.html https://www.cnbc.com/2021/06/14/jamie-dimon-jpmorgan-is-hoarding-cash-because-very-good-chance-inflation-here-to-stay.html
102. With exploits like this one being all too common in the legacy smart contract networks, we’re not even going to have sell the Cardano use case for DeFi. The competitor networks have already made the case that something better must be on the way. https://twitter.com/zapper_fi/status/1404429179794362369
103. World Mobile CEO tweets out a tantalizing response to the Tanzanian President’s call for her nation’s central bank to prepare for crypto. https://twitter.com/MrTelecoms/status/1404375153191141377
104. If you are new to Cardano and you would like to get a handle on the terminology involved in the ecosystem, you may want to check out these Cardano flashcards produced by Coconut Pool. https://twitter.com/coconut_pool/status/1403442954434269185
105. While renewable energy is certainly a wonderful thing, there may be a problem with your technology when your path to compete on clean energy consumption involves you talking about harnessing the power of a whole series of volcanoes. Maybe just use fewer volcano’s and more proof-of-stake? https://twitter.com/_eLaPs_/status/1404125569093029889 https://twitter.com/gladstein/status/1402718041557725184
106. The Charles/Lex Fridman podcast has dropped. This is a big deal. This is a fairly mainstream podcast with over 1 million subscribers. https://youtu.be/FKh8hjJNhWc
107. Politicians in the legislative branches of Panama and Paraguay have now announced intentions to introduce crypto-related bills into their respective legislative assemblies. https://twitter.com/gabrielsilva8_7/status/1401965129051389958
108. New algorithmic stablecoin paper coming in the next few weeks from IOHK. https://twitter.com/IOHK_Charles/status/1405737563030183936
109. The bank of England is getting very serious about how it “may wish to limit migration” of money from the legacy system to stablecoins. Wow. Just another example of why it’s such an asset (no pun intended) that Cardano is prepared for regulation. https://twitter.com/CaitlinLong_/status/1405712468823842816
110. Check out the newly “pimped up” Cardano documentation. https://twitter.com/theSavaSavic/status/1405526615585480730 https://docs.cardano.org/
111. The Cardano Development Update for this week is out. https://roadmap.cardano.org/en/status-updates/update/2021-06-18/
112. Runtime Verification (architects of K Framework which powers Cardano’s IELE & KEVM) just raised $5.3MM in a round that included Cardano’s C Fund. https://runtimeverification.com/blog/runtime-verification-raises-5-3-million-to-advance-blockchain-security https://twitter.com/RosuGrigore/status/1405917218035097600
113. It’s a good sign that the top two crypto communities are spending so much time talking negatively about Cardano. You only focus your hatred on that which is most threatening. I’m glad to see we’re the biggest threat on their radar. https://twitter.com/nic__carter/status/1405194146063736840
114. Bloomberg just published a piece called “America Should Become a Nation of Renters”. While this statement is probably extremely polarizing for Americans, it can also be argued that the death of homes as the primary investment vehicle of Americans may open up a new wave of adoption in crypto as an alternative. https://twitter.com/bopinion/status/1405609396302979074

~Army of Spies

Mixed Signals, want to proceed in a way that fosters a relationship

About a month ago, as I (M22) was sitting in my backyard, this girl (F21) I’ve known for quite a while yelled my name from the street and I came out to the driveway to talk to her.

She said that she was at home now (10 minute walk) after finishing her undergrad degree, and suggested I reach out to her so we can go on walks.

I was still writing exams, so I told her I’d message her when I wrap those up.

At this point in time, we had been friends for a long time (over 10 years), we worked together for a couple years, and have spent a non-insignificant amount of time hanging out (with mutual friends) over the years.

Note: Over a year ago, I did sleep with her friend once. They’re not too close, and it’s clear to both of us, she’s crazy. I’ve joked about how she should have told me, and we both agreed never to talk about it again.

While away at different universities, she would text me occasionally (maybe every 3 months) about trivial things, e.g. one time she asked me to explain Bitcoin to her—I am not a Bitcoin phanatic. But other than conversations here and there, we never really had a significant one-on-one relationship.

We began going on walks together, and then started going on hikes together. After one hike, she asked me to come in and take a look at her recently redone kitchen—and I did.

Now at this point, I only viewed her as a friend, and never even considered she would be interested in me “that” way—so cut me some slack for this next one.

After another walk, she casually suggested we go and get ice cream and I told her that I don’t eat sugar. She said we should get some fokd to eat and again, I didn’t think much of it and blew her off.

It was that night after that walk that I thought “maybe she is interested.” I thought, “Oh shit, maybe that was mean.” So I texted her suggesting we get food before our next hike, and she responded “omg yes!!”

On another hike, she said we should have a picnic. (To me, this was a clear sign)

That week, we didn’t do the picnic, but we did hang out with some mutual friends at my house, went swimming, and flirted a bit, e.g., she said she wanted to see my room (as I mentioned I recently moved my room to the basement after my brother moved out) so when I asked her if she wanted to see my room, she initiated a flirty/joking “ohh, want to see my rooom” banter. When I took her down there, I said “Google turn on the lights” and she made another joke, imitating me telling Google to put on romantic lights, so I said “Hey Google, play Let’s Get it On by Marvin Gaye.” So, obviously that was a good event. While at my house, she made a noticeably effort to talk to my sister and mom (who she says “is nice” and says “really likes her” and joked that she probably thinks we’re dating” because of the frequent hikes.)

One day she called and asked if she could come swimming, just the two of us. I was getting everything ready (cleaning the pool, putting lavender oil on some clean towels, getting mason jars of water” and she called to confirm she was coming. Minutes later, she texts me and cancels, says she accidentally double booked her day.

Since that day (it’s been 5 days), she’s been “busy” (she did work a couple days), but has been perpetrating distance. She stopped responding to my Snapchats (ending our streak), told me twice on the phone she couldn’t hike (once because it was raining), and most recently told me she was busy abd she’d text me, but never did.

So if figure one of two things is going on:

1. She’s perpetrating this distance after making things “obvious” to me, to see if I keep giving her attention, and show that I do care about her—and not just because she was the first girl who made these “moves”/signs on me.

2. She’s realized that I am into her, and she’s perpetrating this distance to make sure I don’t get the wrong idea.

I think it’s a gamble to assume it’s #1 because if I kept reaching out and asking to go on hikes (or that picnic we still haven’t done) it would exacerbate the “problem” of #2.

Thanks in advance for your opinions.

UFC fighter Jorge Masvidal is running an MMA event and paying 4 fight performance bonuses in Bitcoin ($5000)

https://cointuta.com/forums/topic/ufc-fighter-jorge-masvidal-is-running-an-mma-event-and-paying-4-fight-performance-bonuses-in-bitcoin-5000/?feed_id=244090&_unique_id=60ce9f8278263

UFC fighter Jorge Masvidal is running an MMA event and paying 4 fight performance bonuses in Bitcoin ($5000)

https://cointuta.com/forums/topic/ufc-fighter-jorge-masvidal-is-running-an-mma-event-and-paying-4-fight-performance-bonuses-in-bitcoin-5000/?feed_id=244090&_unique_id=60ce9f835f742

I need help with a potential scam

So TLDR; I have a “sugar mom” she sent me $700 off her company in the form of a check. I deposited the check and the money is in my account. However she’s asking I buy $500 worth of Bitcoin to send to a charity event… I’m worried the check is legit. I called the bank and I have to wait 3 days for my personal branch to open. Is this a scam or do I legit have a sugar mom.

Also some more info, I am young 21 and without sounding egotistic I’m a attractive and I work out alot and have a good build

My “sugar mom” is 39 and owns a oil company. The company checked out and was on the check aswell…

The Links Between AMC, GME, Crypto, & The Short Squeeze

Wanted to confirm if Elon Musk's was indeed an APE, so I did some digging and boy I found a lot of sht that I had no clue about!

I created a Timeline with dates and links so you can have a clear understanding. This is my first DD post so bare with me apes lol.. Here goes nothing:

In 1998 a Foundation by the name of "Robin Hood" (not to be confused with Robinhood App) was started and named after the heroic outlaw from English Folklore. The Foundation was conceived by Hedge Fund Manager Paul Tudor Jones and co-founded with Peter Borish and Glenn Dubin.

Robin Hood Foundation was also described as the "Leaders of the hedge fund world who have banded together".

The Robin Hood Foundation - Board of Directors

Derek Kaufman - Former Head of Global Fixed Income - Shitadel LLC

Mark S. Bezos (Yes the younger brother of Amazon CEO Jeff Bezos) - Founder & General Partner HighPost Capital, LLC

PAUL TUDOR JONES - Founder, Co-Chairman, and Chief Investment Officer - Tudor Investment Corporation

GLENN DUBIN - Chairman - Dubin & Company

DAVID EINHORN - Co-Founder and President - Greenlight Capital

Steven A. Cohen - Chairman and CEO - Point72 Asset Management

DINA POWELL MCCORMICK, VICE CHAIR - Goldman Sachs

DAVID M. SOLOMON - Chairman and CEO - Goldman Sachs & Co.

Kristin Lemkau - Chief Marketing Officer - J.P. Morgan Chase & Co.

STEVE STOUTE - Founder and CEO - Music Mogul

Tom Brokaw - Senior Correspondent - NBC News

Diane Sawyer - Anchor - ABC

Lachlan Murdoch - Co-Chairman of News Corp; Chairman & Chief Executive Officer - Fox Corporation (FOX) (Shitadel Also Has Ownership in Fox)

Jes Staley - Group Chief Executive Officer - Barclays

Brian Williams - Anchor and Managing Editor of NBC Nightly News - NBC Universal, Inc.

Stephanie Ruhle - Anchor & Correspondent - MSNBC & NBC News

Antonio “LA” Reid - Chairman and CEO - Epic Records

Jacklyn Bezos - Bezos Family Foundation

Max Stone - Managing Director and Executive Committee Member - D.E. Shaw Group

Gwyneth Paltrow - Actress

SCOTT BOMMER - Chief Investment Officer - Blackstone Horizon Fund (Blackstone Partnered w Shitadel in 2019) Link to Board Of Directors: https://www.robinhood.org/about-us/governance/index.html

Now here is a list of AMC + GME Known Sellers According to Fintel that are listed above:

Goldman Sacs

Tudor Invesments

Point72

Greenlight Capital

D.E. Shaw Group

Barclays

JPMorgan Chase

Sep 8, 2006 - Robin Hood Foundation places Hedge fund manager Anne Dias Griffin, wife of Ken Griffin, who runs the mega Shitadel hedge fund company in Chicago, on the FOIA board: https://money.cnn.com/magazines/fortune/fortune_archive/2006/09/18/8386204/index.htm

Apr 18, 2013 - RobinHood Trading App is created by Vladimir Tenev and Baiju Bhatt

Dec 18, 2013 - RobinHood App Raises $3 Million with Help from Andreessen Horowitz (owned by Ben Horowitz who helped launch Coinbase) https://techcrunch.com/2013/12/18/zero-commission-stock-trading-robinhood/?_ga=2.53755050.369318239.1624132319-331594958.1624132318

April 4, 2017 - Ex-SEC official Luparello joins Shitadel Securities: https://www.reuters.com/article/citadel-luprello/ex-sec-official-luparello-joining-citadel-securities-idUSL2N1HC209

April 7, 2017 - Hedge Fund Billionaire Griffin to Give $15 Million to Robin Hood Foundation: https://www.bloomberg.com/news/articles/2017-04-27/hedge-fund-billionaire-griffin-to-give-15-million-to-robin-hood

June 2, 2017 - Shitadel Securities Hires Joe Corcoran - Barclays’s Electronic Equities Chief: https://www.wsj.com/articles/citadel-securities-hires-barclayss-electronic-equities-chief-1496421634 Joe Corcoran is the Head of Markets in Shitadel - has over 28 years of trading and markets experience at Barclays and Lehman Brothers. https://www.citadelsecurities.com/leadership/joe-corcoran/

May 3, 2018 - BITCOIN TRADING COMES TO GOLDMAN SACHS AFTER INVESTMENT BANK HIRES FIRST CRYPTOCURRENCY TRADER: https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-trading-latest-goldman-sachs-digital-asset-trader-investment-banks-a8334171.html

July 17, 2018 - Goldman Sachs' New CEO David Solomon Is Keen On Bitcoin And Crypto: https://www.forbes.com/sites/billybambrough/2018/07/17/big-for-bitcoin-goldman-sachs-new-ceo-is-keen-on-crypto/?sh=7c53aee742d6

August 1st, 2018 investopedia reports "Why Shitadel's Ken Griffin Is Down on Crypto" : https://www.investopedia.com/news/why-citadels-ken-griffin-down-crypto/

(Ken was against Crypto but All of a sudden Ken Griffin has a change of heart and thinks "Shitadel as Market Maker" for cryptocurrency would be a great idea)

"Even with his criticism of digital tokens, Griffin has debated whether to make markets for investors who are interested in taking part in the cryptocurrency game. Specifically, this could be done through his market-making business Shitadel Securities, a separate company from his primary firm."

​

Aug 9, 2018 - Coinbase Hires Jeff Horowitz to Lead Compliance Initiative as CCO : https://compliance-risk.com/news-update-coinbase-hires-jeff-horowitz-to-lead-compliance-initiative-as-cco/?gclid=CjwKCAjwq7aGBhADEiwA6uGZp6QHJj-KTwymjyR8aTMFxqZPwZn8lXJoLOdxlpDOWFNFRGZnBWVWCRoCgKkQAvD_BwE

Sept 17, 2018 - Elon Musk says short-sellers are conspiring to bring his company down. Some seasoned investors say it’s just a matter of fundamentals: https://www.nytimes.com/2018/09/17/business/tesla-stock-shorts.html

Oct 4, 2018 - Elon Musk mocks SEC in tweets, accuses agency of helping short-sellers: https://www.marketwatch.com/story/elon-musk-mocks-sec-in-tweets-accuses-them-of-helping-short-sellers-2018-10-04

Nov 6, 2018 - Gwyneth Paltrow’s ‘endorsement’ of cryptocurrency is a shameless ad: https://thenextweb.com/news/paltrow-goop-bitcoin-cryptocurrency

Jan 25th, 2019 - Gregg Berman, is director of the market analytics and regulatory structure unit of Shitadel Securities he also served at the U.S. Securities and Exchange Commission in Washington, DC, where he established and was associate director of the office of analytics and research in the division of trading and markets. : https://www.finra.org/sites/default/files/2019_RT_All_Materials.pdf

Feb 14, 2019 - JP Morgan is rolling out the first US bank-backed cryptocurrency to transform payments business: https://www.cnbc.com/2019/02/13/jp-morgan-is-rolling-out-the-first-us-bank-backed-cryptocurrency-to-transform-payments--.html

Oct 12, 2019 - Blackstone Talked With Ken Griffin’s Shitadel About Buying Stake: https://www.wsj.com/articles/blackstone-talked-with-ken-griffins-citadel-about-buying-stake-11570885201

Oct 28, 2020 - Paul Tudor Jones and Ken Griffins article "spoke at the closed-to-press Robin Hood investor event, which every year draws hedge fund elite to talk shop in private and raise money for the famous charity." : https://www.institutionalinvestor.com/article/b1p0c0b8y5q0hz/In-Leaked-Remarks-Among-Hedge-Fund-Managers-Citadel-s-Ken-Griffin-Opens-Up-on-Taxes

​

Jan 21, 2021 - David Einhorn's Greenlight Capital says Tesla short position was its biggest loser of 2020: https://markets.businessinsider.com/news/stocks/tesla-stock-price-analysis-david-einhorn-greenlight-capital-short-2020-2021-1-1029992216

Jan 26, 2021 - Elon Musk tweets: "GameStonk!!" Musk's tweet helped extend the short-squeeze, sending GameStop's stock surging another 157% when the market reopened the following morning.

Jan 28, 2021 - Elon Musk tweets: "A Hedge Fund who shorts is a shrubbery": https://twitter.com/elonmusk/status/1354667352625979395?lang=en

Musk's tweet contained a link to the Reddit group r/wallstreetbets*, whose members have come together to buy the stock and drive its price up. Musk's motivation? In large part, it's revenge against the short sellers who once targeted Tesla.*

​

Jan 28, 2021 - Elon Musk Tweets: "u can’t sell houses u don’t own. u can’t sell cars u don’t own but u *can* sell stock u don’t own!? this is bs – shorting is a scam legal only for vestigial reasons": https://twitter.com/elonmusk/status/1354890601649610753?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1354890601649610753%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.inc.com%2Fminda-zetlin%2Felon-musk-gamestop-wallstreetbets-short-sellers-hedge-funds-short-squeeze.html

Jan 28, 2021 - Elon Musk Tweets: "Here come the shorty apologists. Give them no respect. Get Shorty." Speaking of Robinhood Trading App

Feb 14, 2021 - Elon Musk Tweets: "If major dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo … I will literally pay actual $ if they just void their accounts.”

Mar 13, 2021 - CEO Steve Stoute one of Robin Hood Foundation Board Members also Music Mogul recieves big donations ($50 Million) from Andreessen Horowitz Hedge Fund: https://www.musicbusinessworldwide.com/apple-leads-50m-investment-round-in-steve-stoutes-unitedmasters/

(Here is Ben Horowitz & Steve Stoute in 2013 discussing the Nexus of Tech & Culture) https://www.youtube.com/watch?v=HaxOWnpi6yA

Apr 5, 2021 - "Coinbase and Bakkt Are Behind Paul Tudor Jones’ Bitcoin Bets, SEC Documents Show" : https://www.coindesk.com/coinbase-and-bakkt-are-behind-paul-tudor-jones-bitcoin-bets-sec-documents-show

Coinbase Custody Trust Company, Bakkt Trust Company and Tagomi Trading LLC (the institutional brokerage firm Coinbase bought in May 2020) all provide custodial services to Tudor Jones’ family-only hedge fund, the documents state.")

Apr 5th 2021 - When Paul Tudor Jones bet 1% to 2% of his assets on bitcoin (BTC, -1.14%) in May it was unclear where the billionaire had bought his crypto, or how. The industry remained uncertain if his investment was direct. After all, his hedge fund had started flirting with bitcoin futures only days before.") reported by Coindesk: https://www.coindesk.com/coinbase-and-bakkt-are-behind-paul-tudor-jones-bitcoin-bets-sec-documents-show

​

April 21, 2021 - Rapper Nas Hits the Crypto Jackpot Thanks To Coinbase Investment: https://forwardtimes.com/nas-hits-the-crypto-jackpot-thanks-to-coinbase-investment/

(Who does Nas shout out on Twitter after? “Long crypto forever…. in sickness & in health. Shout out to u/FEhrsam u/brian_armstrong "@bhorowitz" (Benjamin Abraham Horowitz) u/cdixon #CoinbaseIPO.”)

Whos the link between Rapper Nas and Benjamin Horowitz? Music Mogul Steve Stoute who Andreessen Horowitz invested into back in 2017 :https://www.wsj.com/articles/silicon-valley-firms-back-new-music-venture-helmed-by-steve-stoute-1510747381

May 3, 2021 - Andreessen Horowitz Hedge Fund plans "$1bn cryptocurrency VC fund": https://www.vccircle.com/andreessen-horowitz-plans-1-bn-cryptocurrency-vc-fund/

May 25, 2021 - Robinhood nears its biggest trade of all, an IPO, after wild year backed by Andreessen Horowitz who helped raise them $25 Million: https://www.cnbc.com/2021/05/25/robinhood-nears-biggest-trade-of-all-an-ipo-after-wild-year.html

May 28, 2021 - JAY-Z to speak at Robin Hood Foundation investors conference: https://www.revolt.tv/news/2021/5/28/22458387/jay-z-robin-hood-foundation-conference

June 14, 2021 - "Tudor Jones likes bitcoin, calls it a great portfolio diversifier to protect his wealth over time": https://www.cnbc.com/2021/06/14/tudor-jones-likes-bitcoin-calls-it-a-great-portfolio-diversifier-to-protect-his-wealth-over-time.html

​

June 14, 2021 - Elon Musk tweets: "Hannah Montana is actually Miley Cyrus" (A)ctually (M)iley (C)yrus: https://twitter.com/elonmusk/status/1404303796075859974?s=20

June 16, 2021 - Elon Musk tweets: "Let’s just skip original video games & movies & go straight to the sequel" = Video Games "GME", Movies "AMC", Sequel "Squeeze" https://twitter.com/elonmusk/status/1405293441106460672?s=20

After doing all of this digging I believe Elon Musk is the deffinition of an APE and I also believe that "Robin Hood Foundation" is come kind of Secret Society. You guys tell me what yall think I just want my Lambo and Tendies that's all.

Bitcoin Recovery Pushes Death Cross Back To July, But Bulls Still Not In Charge, Say Crypto Analysts - Stocks News Feed

What Happened: Bitcoin rallied as much as 20% last weekend, reclaiming $40,000 for the first time in two weeks, but traders appeared cautious about the outlook for the market-leading cryptocurrency.

BTC‘s phenomenal recovery over the past few days means that a potential Death Cross has been pushed back to late July#Crypto #Bitcoin pic.twitter.com/NJAumCEwXh

— Rekt Capital (@rektcapital) June 15, 2021

Popular crypto analyst Rekt Capital said on Twitter that Bitcoin’s phenomenal recovery had pushed back an impending “death cross” to late July.

A death cross is a lagging technical indicator that appears when price action has already been less than optimal, but if confirmed, it could possibly lead to an even further decline in price.

However, another crypto investor Lark Davis, pointed out that Bitcoin hasn’t managed to successfully close above the 200 EMA, and a bullish scenario might not be confirmed just yet.

bitcoin failed to close above the 200 EMA (orange line), bulls still not in charge of the market. pic.twitter.com/dMUeFd0vCP

— Lark Davis (@TheCryptoLark) June 16, 2021

In the event that a death cross does, in fact, play out later this year, Rekt Capital estimated another crash of over 50%, which would see Bitcoin under $20,000.

However, even in the most bearish scenario, some market proponents remained optimistic about the long-term outlook for Bitcoin.

“I think it is likely that we are entering a new bear market. Will it lose its footing the way it did in 2018? Unlikely,” said Tim Frost, founder of DeFi wealth management platform YIELD App, to Benzinga in an email.

“Things are very different now than they were then, we have a huge amount of institutional investment in the space, and possibly more if current filings with the SEC go through.”

“I do think though, that it has more to go,” he added. “Latest figures show that it was retail investors that were shaken out though, the whales and the long-term investors are staying put.” https://stocksnewsfeed.com/benzinga/bitcoin-recovery-pushes-death-cross-back-to-july-but-bulls-still-not-in-charge-say-crypto-analysts/.

Bitcoin Recovery Pushes Death Cross Back To July, But Bulls Still Not In Charge, Say Crypto Analysts - Stocks News Feed

What Happened: Bitcoin rallied as much as 20% last weekend, reclaiming $40,000 for the first time in two weeks, but traders appeared cautious about the outlook for the market-leading cryptocurrency.

BTC‘s phenomenal recovery over the past few days means that a potential Death Cross has been pushed back to late July#Crypto #Bitcoin pic.twitter.com/NJAumCEwXh

— Rekt Capital (@rektcapital) June 15, 2021

Popular crypto analyst Rekt Capital said on Twitter that Bitcoin’s phenomenal recovery had pushed back an impending “death cross” to late July.

A death cross is a lagging technical indicator that appears when price action has already been less than optimal, but if confirmed, it could possibly lead to an even further decline in price.

However, another crypto investor Lark Davis, pointed out that Bitcoin hasn’t managed to successfully close above the 200 EMA, and a bullish scenario might not be confirmed just yet.

bitcoin failed to close above the 200 EMA (orange line), bulls still not in charge of the market. pic.twitter.com/dMUeFd0vCP

— Lark Davis (@TheCryptoLark) June 16, 2021

In the event that a death cross does, in fact, play out later this year, Rekt Capital estimated another crash of over 50%, which would see Bitcoin under $20,000.

However, even in the most bearish scenario, some market proponents remained optimistic about the long-term outlook for Bitcoin.

“I think it is likely that we are entering a new bear market. Will it lose its footing the way it did in 2018? Unlikely,” said Tim Frost, founder of DeFi wealth management platform YIELD App, to Benzinga in an email.

“Things are very different now than they were then, we have a huge amount of institutional investment in the space, and possibly more if current filings with the SEC go through.”

“I do think though, that it has more to go,” he added. “Latest figures show that it was retail investors that were shaken out though, the whales and the long-term investors are staying put.” https://stocksnewsfeed.com/benzinga/bitcoin-recovery-pushes-death-cross-back-to-july-but-bulls-still-not-in-charge-say-crypto-analysts/.

Dorsey: ‘Square Is Considering Making a Hardware Wallet for Bitcoin’

The cofounder of Twitter and the CEO of the payments firm Square, Jack Dorsey, has revealed his firm is contemplating creating a bitcoin hardware wallet in collaboration with the community. Dorsey revealed this in a tweetstorm and said he wanted to share some “guiding principles” concerning this possible venture. On Friday, Jack Dorsey tweeted about the possibility of Square creating a bitcoin hardware wallet and discussed a number of principles the firm is guided by when approaching the subject. The founder of Twitter and Square explained that what the company creates needs to be “open,” as he noted that “bitcoin is for everyone.”

“Square is considering making a hardware wallet for bitcoin. If we do it, we would build it entirely in the open, from software to hardware design, and in collaboration with the community,” Dorsey tweeted. “We want to kick off this thinking the right way: by sharing some of our guiding principles. Bitcoin is for everyone. It’s important to us to build an inclusive product that brings a non-custodial solution to the global market,” the Square CEO added.

Dorsey then gave those who have already pioneered the noncustodial wallet space props, and asked his Twitter followers what the “biggest blockers to get a non-custodial solution to the next 100M people?” Numerous people answered Dorsey’s questions and a few responses discussed hardware wallets with no iOS support. “iOS support. Trezor, up until now, still doesn’t support iOS for (good reason.) If you solve this solvable problem, you gain a huge portion of the market,” one individual responded to Dorsey’s Twitter thread.

“Custody doesn’t have to be all-or-nothing,” Dorsey continued. “We can probably simplify custody through ‘assisted self-custody.’ Assisted requires great product design: minimal setup time, relying on existing devices, and end-to-end reliability. How should we be thinking about assisted solutions?,” the Square CEO asked. He further added: After Dorsey published his thread with about 12 different points, he said that Square and his team plan to “continue the conversation.” He further noted that a dedicated Twitter account would be on the way and a Github repository, as well, if the firm decides to build a hardware wallet.

“We’ll update this thread with that information when we’re ready. Thanks,” Dorsey concluded.

Dorsey’s hardware wallet tweet has accrued tens of thousands of likes and retweets since he announced Square’s possible hardware wallet venture. The Twitter CEO also mentioned that layer 2 capabilities and Cash App integrations with the hardware wallet are also important guiding principles. Meanwhile, after the hardware wallet announcement, Dorsey attended the Bitcoin 2021 conference in Miami this weekend and was heckled by a conference attendee over “censorship” and “interfering in elections.”

“Why is Jack Dorsey on a stage at a Bitcoin event in the first place?” an individual tweeted in response to the heckling video.

QUAI DAO - Blockchain's Y Combinator

About QUAI DAO

QUAI DAO is a platform for investors and professionals focused on creating sustainable value by generating consistent capital yields while accelerating technologically innovative projects. The goal is to facilitate profitable capital allocation while assisting selected DeFi projects in meeting their capital funding needs through the QUAI platform.

Plenty of things are happening for QUAI. It continues to innovate its unique DeFi protocols, such as developing an innovative NFT Creator Portal platform. QUAI is also actively developing a robust investment platform that will provide an on-ramp for BTC and altcoin holders to the DeFi markets, offering access to multiple yield farms, liquidity pools, and money markets on Ethereum Mainnet and Binance Smart Chain. This will all be accessible on the QUAI platform.

QUAI’s Investor Rewards

The total amount of staked QUAI currently is 3,978,678 ERC20 tokens, 4,474,512 BEP20 tokens for a total of 8,453,190. This data shows QUAI token holders have confidence in the protocol, are willing to stake, and hold their tokens while enjoying compounded returns every 30 days. The compounding feature is used to achieve up to 480% APY, providing investors ample compensation for market volatility while generating substantial yields.

QUAI’s Road Map

So let's take a look at the roadmap and what is coming up on the calendar for QUAI. QUAI Invest (auto compounding farms, automated allocation & withdrawl for selected liquidity pools with automated yield optimization) + QUAI Interchange (DeFi on-ramp to Ethereum Mainnet and Binance Smart Chain money markets) and MeDIA eYe NFT Creator Portal (a unique solution for the NFT creator market and digital content marketing), which are all scheduled to launch in Q3 2021.

QUAI developers are working around the clock to ensure every milestone is reached within the Q3 launch plans, which will bring further value and utility to the QUAI ecosystem.

QUAI Invest - QUAI Interchange + QUAI Farms

Many Bitcoin users are long in BTC but currently don't have access to a frictionless platform allowing them to easily enter the DeFi markets on leading blockchains. QUAI Interchange which is a DeFi on-ramp that provides the opportunity for BTC holders to earn additional yield on their BTC and altcoin assets in an intuitive and gas-optimized way. QUAI Invest offers compounding farms and automated liquidity allocation with a yield optimization function, allowing Investors to access a variety of choices for capital allocation through the QUAI Invest platform .

QUAI’s Investment in - MeDIA eYe NFT Creator Portal

QUAI is planning to complete the development of MeDIA eYe NFT Creator Portal, retaining our first-mover advantage. The NFT Creator Portal allows anyone to easily create and launch NFT-media campaigns on multiple blockchains. The MeDIA eYe platform provides an intuitive and frictionless experience, regardless of pre-existing knowledge of distributed ledger technology. It also introduces novel digital engagement models, including the first-ever NFT-Subscription Service. Individuals or businesses can create custom NFTs for varied uses. For instance, the MeDIA eYe platform’s marketplace uses a variety of novel token-economic models for enhanced earnings and rewards. This creates attractive incentives for NFT artists and media creators to launch NFTs on the MeDIA eYe platform as well as to sell these NFTs on the marketplace.

Based on the current analysis we estimate in the next 12 months that MeDIA eYe can be valued at or above a 30-40 million dollar market cap. This estimation is based on the current growth of the NFT market along with having the first mover advantage as an NFT Creator Portal that will allow anyone from corporations to artists to effortlessly create NFT campaigns regardless of their crypto experience.

QUAI’s Partner Projects Development - QUAI is working with ASKO DAO + rASKO Money Markets.

AskoLend is a decentralized money market protocol, a fork of Compound Finance. The compound is decentralized, over collateralized loans protocol built on Ethereum. AskoLend differs from Compound in that: it will be launched on Binance Smart Chain (BSC). It’s a multichain lending platform that will list mid-tier, upper mid-tier, and blue-chip market cap crypto assets. Lenders can select between high and low-risk lending pools. These differences lead to some benefits of AskoLend over Compound. With AskoLend’s utilization of BSC, the cost per transaction is significantly lower compared to Compound on Ethereum. AskoLend’s accessibility to lenders and borrowers, for a diverse range of crypto assets, increasing potential volumes of AskoLend’s lending and borrowing markets.

AskoLend can list up to 70 + crypto assets, compared to the 9 assets currently listed on Compound. Lastly, with AskoLend, lenders can pick their allocation between high-risk and low-risk lending tiers for over collateralized lending, allowing lenders an element of customization in their investment that isn’t available with Compound. QUAI intends to offer QUAI assets to borrow/lend on ASKOLend on BSC. We estimate that in the next 6-12 months that Asko will be valued well above the 30 million market cap. This is based on the current market caps of existing borrow and lend platforms, volume, and market penetration.

QUAI’s Cross-Chain Development for Binance Smart Chain and Ethereum

A substantial portion of QUAI tokens is allocated for investments, development, mergers, acquisitions, and expansion to other blockchains. QUAI is a cross-chain protocol. They employ over 40 employees working full-time on QUAI platforms development and partner projects.

Currently, QUAI trades on Uniswap V2, JulSwap, Dex-Trade along with PancakeSwap V1 and V2. QUAI is in ongoing negotiations with several CEX's for a listing and is deeply focused on growing the business and project so that future listings are made possible on Tier 1 exchanges.

QUAI’s partnership with Sports D³

QUAI DAO has partnered with Sports D³ to develop a unique DeFi platform for the sports industry. The project focuses on creating new ways for club owners, players, and fans to participate in fundraising, promotions, merchandising, creating brand awareness, participating in events, and receiving rewards. QUAI is very excited to be working with Sports D³ to bring this innovative DeFi platform to the market.

Sports D³ is a Decentralized Finance (DeFi) platform that helps sports clubs and athletes to create brand awareness, fund development events, and various activities by providing unique content and instruments through the SD³ utility token.

Come join us in our communities to learn more about QUAI, below are our token contracts for Binance Smart Chain and Ethereum.

Binance Smart Chain token contract BEP20: 0x3dc2d7434bdbb4ca1a8a6bcc8a8075aeae2d2179

Ethereum Mainnet token contract ERC20: 0x40821CD074dfeCb1524286923bC69315075b5c89

WEBSITE: https://quaidao.io/

TELEGRAM: https://t.me/QuaiDAOCommunity

TWITTER: https://twitter.com/QuaiGlobal

MEDIUM: https://quaidao.medium.com/

LINKEDIN: https://www.linkedin.com/company/quai…

DISCORD: https://discord.com/invite/WHUkdJjxxP

​

I'm also adding a pastebin of a writeup about QUAI from someone with a profile worth over 1MM which is what got me into it in the first place:

https://pastebin.com/vGfrbERU

QUAI DAO - Blockchain's Y Combinator

About QUAI DAO

QUAI DAO is a platform for investors and professionals focused on creating sustainable value by generating consistent capital yields while accelerating technologically innovative projects. The goal is to facilitate profitable capital allocation while assisting selected DeFi projects in meeting their capital funding needs through the QUAI platform.

Plenty of things are happening for QUAI. It continues to innovate its unique DeFi protocols, such as developing an innovative NFT Creator Portal platform. QUAI is also actively developing a robust investment platform that will provide an on-ramp for BTC and altcoin holders to the DeFi markets, offering access to multiple yield farms, liquidity pools, and money markets on Ethereum Mainnet and Binance Smart Chain. This will all be accessible on the QUAI platform.

QUAI’s Investor Rewards

The total amount of staked QUAI currently is 3,978,678 ERC20 tokens, 4,474,512 BEP20 tokens for a total of 8,453,190. This data shows QUAI token holders have confidence in the protocol, are willing to stake, and hold their tokens while enjoying compounded returns every 30 days. The compounding feature is used to achieve up to 480% APY, providing investors ample compensation for market volatility while generating substantial yields.

QUAI’s Road Map

So let's take a look at the roadmap and what is coming up on the calendar for QUAI. QUAI Invest (auto compounding farms, automated allocation & withdrawl for selected liquidity pools with automated yield optimization) + QUAI Interchange (DeFi on-ramp to Ethereum Mainnet and Binance Smart Chain money markets) and MeDIA eYe NFT Creator Portal (a unique solution for the NFT creator market and digital content marketing), which are all scheduled to launch in Q3 2021.

QUAI developers are working around the clock to ensure every milestone is reached within the Q3 launch plans, which will bring further value and utility to the QUAI ecosystem.

QUAI Invest - QUAI Interchange + QUAI Farms

Many Bitcoin users are long in BTC but currently don't have access to a frictionless platform allowing them to easily enter the DeFi markets on leading blockchains. QUAI Interchange which is a DeFi on-ramp that provides the opportunity for BTC holders to earn additional yield on their BTC and altcoin assets in an intuitive and gas-optimized way. QUAI Invest offers compounding farms and automated liquidity allocation with a yield optimization function, allowing Investors to access a variety of choices for capital allocation through the QUAI Invest platform .

QUAI’s Investment in - MeDIA eYe NFT Creator Portal

QUAI is planning to complete the development of MeDIA eYe NFT Creator Portal, retaining our first-mover advantage. The NFT Creator Portal allows anyone to easily create and launch NFT-media campaigns on multiple blockchains. The MeDIA eYe platform provides an intuitive and frictionless experience, regardless of pre-existing knowledge of distributed ledger technology. It also introduces novel digital engagement models, including the first-ever NFT-Subscription Service. Individuals or businesses can create custom NFTs for varied uses. For instance, the MeDIA eYe platform’s marketplace uses a variety of novel token-economic models for enhanced earnings and rewards. This creates attractive incentives for NFT artists and media creators to launch NFTs on the MeDIA eYe platform as well as to sell these NFTs on the marketplace.

Based on the current analysis we estimate in the next 12 months that MeDIA eYe can be valued at or above a 30-40 million dollar market cap. This estimation is based on the current growth of the NFT market along with having the first mover advantage as an NFT Creator Portal that will allow anyone from corporations to artists to effortlessly create NFT campaigns regardless of their crypto experience.

QUAI’s Partner Projects Development - QUAI is working with ASKO DAO + rASKO Money Markets.

AskoLend is a decentralized money market protocol, a fork of Compound Finance. The compound is decentralized, over collateralized loans protocol built on Ethereum. AskoLend differs from Compound in that: it will be launched on Binance Smart Chain (BSC). It’s a multichain lending platform that will list mid-tier, upper mid-tier, and blue-chip market cap crypto assets. Lenders can select between high and low-risk lending pools. These differences lead to some benefits of AskoLend over Compound. With AskoLend’s utilization of BSC, the cost per transaction is significantly lower compared to Compound on Ethereum. AskoLend’s accessibility to lenders and borrowers, for a diverse range of crypto assets, increasing potential volumes of AskoLend’s lending and borrowing markets.

AskoLend can list up to 70 + crypto assets, compared to the 9 assets currently listed on Compound. Lastly, with AskoLend, lenders can pick their allocation between high-risk and low-risk lending tiers for over collateralized lending, allowing lenders an element of customization in their investment that isn’t available with Compound. QUAI intends to offer QUAI assets to borrow/lend on ASKOLend on BSC. We estimate that in the next 6-12 months that Asko will be valued well above the 30 million market cap. This is based on the current market caps of existing borrow and lend platforms, volume, and market penetration.

QUAI’s Cross-Chain Development for Binance Smart Chain and Ethereum

A substantial portion of QUAI tokens is allocated for investments, development, mergers, acquisitions, and expansion to other blockchains. QUAI is a cross-chain protocol. They employ over 40 employees working full-time on QUAI platforms development and partner projects.

Currently, QUAI trades on Uniswap V2, JulSwap, Dex-Trade along with PancakeSwap V1 and V2. QUAI is in ongoing negotiations with several CEX's for a listing and is deeply focused on growing the business and project so that future listings are made possible on Tier 1 exchanges.

QUAI’s partnership with Sports D³

QUAI DAO has partnered with Sports D³ to develop a unique DeFi platform for the sports industry. The project focuses on creating new ways for club owners, players, and fans to participate in fundraising, promotions, merchandising, creating brand awareness, participating in events, and receiving rewards. QUAI is very excited to be working with Sports D³ to bring this innovative DeFi platform to the market.

Sports D³ is a Decentralized Finance (DeFi) platform that helps sports clubs and athletes to create brand awareness, fund development events, and various activities by providing unique content and instruments through the SD³ utility token.

Come join us in our communities to learn more about QUAI, below are our token contracts for Binance Smart Chain and Ethereum.

Binance Smart Chain token contract BEP20: 0x3dc2d7434bdbb4ca1a8a6bcc8a8075aeae2d2179

Ethereum Mainnet token contract ERC20: 0x40821CD074dfeCb1524286923bC69315075b5c89

WEBSITE: https://quaidao.io/

TELEGRAM: https://t.me/QuaiDAOCommunity

TWITTER: https://twitter.com/QuaiGlobal

MEDIUM: https://quaidao.medium.com/

LINKEDIN: https://www.linkedin.com/company/quai…

DISCORD: https://discord.com/invite/WHUkdJjxxP

​

I'm also adding a pastebin of a writeup about QUAI from someone with a profile worth over 1MM which is what got me into it in the first place:

https://pastebin.com/vGfrbERU

QUAI DAO - Blockchain's Y Combinator

About QUAI DAO

QUAI DAO is a platform for investors and professionals focused on creating sustainable value by generating consistent capital yields while accelerating technologically innovative projects. The goal is to facilitate profitable capital allocation while assisting selected DeFi projects in meeting their capital funding needs through the QUAI platform.

Plenty of things are happening for QUAI. It continues to innovate its unique DeFi protocols, such as developing an innovative NFT Creator Portal platform. QUAI is also actively developing a robust investment platform that will provide an on-ramp for BTC and altcoin holders to the DeFi markets, offering access to multiple yield farms, liquidity pools, and money markets on Ethereum Mainnet and Binance Smart Chain. This will all be accessible on the QUAI platform.

QUAI’s Investor Rewards

The total amount of staked QUAI currently is 3,978,678 ERC20 tokens, 4,474,512 BEP20 tokens for a total of 8,453,190. This data shows QUAI token holders have confidence in the protocol, are willing to stake, and hold their tokens while enjoying compounded returns every 30 days. The compounding feature is used to achieve up to 480% APY, providing investors ample compensation for market volatility while generating substantial yields.

QUAI’s Road Map

So let's take a look at the roadmap and what is coming up on the calendar for QUAI. QUAI Invest (auto compounding farms, automated allocation & withdrawl for selected liquidity pools with automated yield optimization) + QUAI Interchange (DeFi on-ramp to Ethereum Mainnet and Binance Smart Chain money markets) and MeDIA eYe NFT Creator Portal (a unique solution for the NFT creator market and digital content marketing), which are all scheduled to launch in Q3 2021.

QUAI developers are working around the clock to ensure every milestone is reached within the Q3 launch plans, which will bring further value and utility to the QUAI ecosystem.

QUAI Invest - QUAI Interchange + QUAI Farms

Many Bitcoin users are long in BTC but currently don't have access to a frictionless platform allowing them to easily enter the DeFi markets on leading blockchains. QUAI Interchange which is a DeFi on-ramp that provides the opportunity for BTC holders to earn additional yield on their BTC and altcoin assets in an intuitive and gas-optimized way. QUAI Invest offers compounding farms and automated liquidity allocation with a yield optimization function, allowing Investors to access a variety of choices for capital allocation through the QUAI Invest platform .

QUAI’s Investment in - MeDIA eYe NFT Creator Portal

QUAI is planning to complete the development of MeDIA eYe NFT Creator Portal, retaining our first-mover advantage. The NFT Creator Portal allows anyone to easily create and launch NFT-media campaigns on multiple blockchains. The MeDIA eYe platform provides an intuitive and frictionless experience, regardless of pre-existing knowledge of distributed ledger technology. It also introduces novel digital engagement models, including the first-ever NFT-Subscription Service. Individuals or businesses can create custom NFTs for varied uses. For instance, the MeDIA eYe platform’s marketplace uses a variety of novel token-economic models for enhanced earnings and rewards. This creates attractive incentives for NFT artists and media creators to launch NFTs on the MeDIA eYe platform as well as to sell these NFTs on the marketplace.

Based on the current analysis we estimate in the next 12 months that MeDIA eYe can be valued at or above a 30-40 million dollar market cap. This estimation is based on the current growth of the NFT market along with having the first mover advantage as an NFT Creator Portal that will allow anyone from corporations to artists to effortlessly create NFT campaigns regardless of their crypto experience.

QUAI’s Partner Projects Development - QUAI is working with ASKO DAO + rASKO Money Markets.

AskoLend is a decentralized money market protocol, a fork of Compound Finance. The compound is decentralized, over collateralized loans protocol built on Ethereum. AskoLend differs from Compound in that: it will be launched on Binance Smart Chain (BSC). It’s a multichain lending platform that will list mid-tier, upper mid-tier, and blue-chip market cap crypto assets. Lenders can select between high and low-risk lending pools. These differences lead to some benefits of AskoLend over Compound. With AskoLend’s utilization of BSC, the cost per transaction is significantly lower compared to Compound on Ethereum. AskoLend’s accessibility to lenders and borrowers, for a diverse range of crypto assets, increasing potential volumes of AskoLend’s lending and borrowing markets.

AskoLend can list up to 70 + crypto assets, compared to the 9 assets currently listed on Compound. Lastly, with AskoLend, lenders can pick their allocation between high-risk and low-risk lending tiers for over collateralized lending, allowing lenders an element of customization in their investment that isn’t available with Compound. QUAI intends to offer QUAI assets to borrow/lend on ASKOLend on BSC. We estimate that in the next 6-12 months that Asko will be valued well above the 30 million market cap. This is based on the current market caps of existing borrow and lend platforms, volume, and market penetration.

QUAI’s Cross-Chain Development for Binance Smart Chain and Ethereum

A substantial portion of QUAI tokens is allocated for investments, development, mergers, acquisitions, and expansion to other blockchains. QUAI is a cross-chain protocol. They employ over 40 employees working full-time on QUAI platforms development and partner projects.

Currently, QUAI trades on Uniswap V2, JulSwap, Dex-Trade along with PancakeSwap V1 and V2. QUAI is in ongoing negotiations with several CEX's for a listing and is deeply focused on growing the business and project so that future listings are made possible on Tier 1 exchanges.

QUAI’s partnership with Sports D³

QUAI DAO has partnered with Sports D³ to develop a unique DeFi platform for the sports industry. The project focuses on creating new ways for club owners, players, and fans to participate in fundraising, promotions, merchandising, creating brand awareness, participating in events, and receiving rewards. QUAI is very excited to be working with Sports D³ to bring this innovative DeFi platform to the market.

Sports D³ is a Decentralized Finance (DeFi) platform that helps sports clubs and athletes to create brand awareness, fund development events, and various activities by providing unique content and instruments through the SD³ utility token.

Come join us in our communities to learn more about QUAI, below are our token contracts for Binance Smart Chain and Ethereum.

Binance Smart Chain token contract BEP20: 0x3dc2d7434bdbb4ca1a8a6bcc8a8075aeae2d2179

Ethereum Mainnet token contract ERC20: 0x40821CD074dfeCb1524286923bC69315075b5c89

WEBSITE: https://quaidao.io/

TELEGRAM: https://t.me/QuaiDAOCommunity

TWITTER: https://twitter.com/QuaiGlobal

MEDIUM: https://quaidao.medium.com/

LINKEDIN: https://www.linkedin.com/company/quai…

DISCORD: https://discord.com/invite/WHUkdJjxxP

​

I'm also adding a pastebin of a writeup about QUAI from someone with a profile worth over 1MM which is what got me into it in the first place:

https://pastebin.com/vGfrbERU

QUAI DAO - Blockchain's Y Combinator

About QUAI DAO

QUAI DAO is a platform for investors and professionals focused on creating sustainable value by generating consistent capital yields while accelerating technologically innovative projects. The goal is to facilitate profitable capital allocation while assisting selected DeFi projects in meeting their capital funding needs through the QUAI platform.

Plenty of things are happening for QUAI. It continues to innovate its unique DeFi protocols, such as developing an innovative NFT Creator Portal platform. QUAI is also actively developing a robust investment platform that will provide an on-ramp for BTC and altcoin holders to the DeFi markets, offering access to multiple yield farms, liquidity pools, and money markets on Ethereum Mainnet and Binance Smart Chain. This will all be accessible on the QUAI platform.

QUAI’s Investor Rewards

The total amount of staked QUAI currently is 3,978,678 ERC20 tokens, 4,474,512 BEP20 tokens for a total of 8,453,190. This data shows QUAI token holders have confidence in the protocol, are willing to stake, and hold their tokens while enjoying compounded returns every 30 days. The compounding feature is used to achieve up to 480% APY, providing investors ample compensation for market volatility while generating substantial yields.

QUAI’s Road Map

So let's take a look at the roadmap and what is coming up on the calendar for QUAI. QUAI Invest (auto compounding farms, automated allocation & withdrawl for selected liquidity pools with automated yield optimization) + QUAI Interchange (DeFi on-ramp to Ethereum Mainnet and Binance Smart Chain money markets) and MeDIA eYe NFT Creator Portal (a unique solution for the NFT creator market and digital content marketing), which are all scheduled to launch in Q3 2021.

QUAI developers are working around the clock to ensure every milestone is reached within the Q3 launch plans, which will bring further value and utility to the QUAI ecosystem.

QUAI Invest - QUAI Interchange + QUAI Farms

Many Bitcoin users are long in BTC but currently don't have access to a frictionless platform allowing them to easily enter the DeFi markets on leading blockchains. QUAI Interchange which is a DeFi on-ramp that provides the opportunity for BTC holders to earn additional yield on their BTC and altcoin assets in an intuitive and gas-optimized way. QUAI Invest offers compounding farms and automated liquidity allocation with a yield optimization function, allowing Investors to access a variety of choices for capital allocation through the QUAI Invest platform .

QUAI’s Investment in - MeDIA eYe NFT Creator Portal

QUAI is planning to complete the development of MeDIA eYe NFT Creator Portal, retaining our first-mover advantage. The NFT Creator Portal allows anyone to easily create and launch NFT-media campaigns on multiple blockchains. The MeDIA eYe platform provides an intuitive and frictionless experience, regardless of pre-existing knowledge of distributed ledger technology. It also introduces novel digital engagement models, including the first-ever NFT-Subscription Service. Individuals or businesses can create custom NFTs for varied uses. For instance, the MeDIA eYe platform’s marketplace uses a variety of novel token-economic models for enhanced earnings and rewards. This creates attractive incentives for NFT artists and media creators to launch NFTs on the MeDIA eYe platform as well as to sell these NFTs on the marketplace.

Based on the current analysis we estimate in the next 12 months that MeDIA eYe can be valued at or above a 30-40 million dollar market cap. This estimation is based on the current growth of the NFT market along with having the first mover advantage as an NFT Creator Portal that will allow anyone from corporations to artists to effortlessly create NFT campaigns regardless of their crypto experience.

QUAI’s Partner Projects Development - QUAI is working with ASKO DAO + rASKO Money Markets.

AskoLend is a decentralized money market protocol, a fork of Compound Finance. The compound is decentralized, over collateralized loans protocol built on Ethereum. AskoLend differs from Compound in that: it will be launched on Binance Smart Chain (BSC). It’s a multichain lending platform that will list mid-tier, upper mid-tier, and blue-chip market cap crypto assets. Lenders can select between high and low-risk lending pools. These differences lead to some benefits of AskoLend over Compound. With AskoLend’s utilization of BSC, the cost per transaction is significantly lower compared to Compound on Ethereum. AskoLend’s accessibility to lenders and borrowers, for a diverse range of crypto assets, increasing potential volumes of AskoLend’s lending and borrowing markets.

AskoLend can list up to 70 + crypto assets, compared to the 9 assets currently listed on Compound. Lastly, with AskoLend, lenders can pick their allocation between high-risk and low-risk lending tiers for over collateralized lending, allowing lenders an element of customization in their investment that isn’t available with Compound. QUAI intends to offer QUAI assets to borrow/lend on ASKOLend on BSC. We estimate that in the next 6-12 months that Asko will be valued well above the 30 million market cap. This is based on the current market caps of existing borrow and lend platforms, volume, and market penetration.

QUAI’s Cross-Chain Development for Binance Smart Chain and Ethereum

A substantial portion of QUAI tokens is allocated for investments, development, mergers, acquisitions, and expansion to other blockchains. QUAI is a cross-chain protocol. They employ over 40 employees working full-time on QUAI platforms development and partner projects.

Currently, QUAI trades on Uniswap V2, JulSwap, Dex-Trade along with PancakeSwap V1 and V2. QUAI is in ongoing negotiations with several CEX's for a listing and is deeply focused on growing the business and project so that future listings are made possible on Tier 1 exchanges.

QUAI’s partnership with Sports D³

QUAI DAO has partnered with Sports D³ to develop a unique DeFi platform for the sports industry. The project focuses on creating new ways for club owners, players, and fans to participate in fundraising, promotions, merchandising, creating brand awareness, participating in events, and receiving rewards. QUAI is very excited to be working with Sports D³ to bring this innovative DeFi platform to the market.

Sports D³ is a Decentralized Finance (DeFi) platform that helps sports clubs and athletes to create brand awareness, fund development events, and various activities by providing unique content and instruments through the SD³ utility token.

Come join us in our communities to learn more about QUAI, below are our token contracts for Binance Smart Chain and Ethereum.

Binance Smart Chain token contract BEP20: 0x3dc2d7434bdbb4ca1a8a6bcc8a8075aeae2d2179

Ethereum Mainnet token contract ERC20: 0x40821CD074dfeCb1524286923bC69315075b5c89

WEBSITE: https://quaidao.io/

TELEGRAM: https://t.me/QuaiDAOCommunity

TWITTER: https://twitter.com/QuaiGlobal

MEDIUM: https://quaidao.medium.com/

LINKEDIN: https://www.linkedin.com/company/quai…

DISCORD: https://discord.com/invite/WHUkdJjxxP

​

I'm also adding a pastebin of a writeup about QUAI from someone with a profile worth over 1MM which is what got me into it in the first place:

https://pastebin.com/vGfrbERU