https://www.reddit.com/r/Bitcoin/comments/s0jr34/psa_leave_instructions_for_your_relatives_what_to/
Monday, January 10, 2022
Seeking a Sublet or Room near Capitol Hill for 02/2022
Hello everyone,
I'm planning on traveling to Denver next month, February 2022, to attend a few events and explore life in Denver. I am searching online to see if I can find a better community deal than Airbnb/hotels (crazy fees; I might as well rent a full place). I'm looking for a private space and would appreciate some leads. Ideally a place with:
- kitchen access -parking -ideally near Capitol Hill or close to public transit (doesn't have to be high end or fancy) -visitors allowed
-furnished (bed, couch, tv, kitchen supplies, etc.) -entire apartment (or private room) - depends on $$
I'm an easy-going adult woman, and I'm traveling in seek of work opportunities and personal enrichment. I was a mortician but took a break from the industry over the summer and have been working in Security/Bounties p/t while attending classes. I'm working towards changing careers. I've always wondered about moving to Denver, so I'd love this experience. Ahaha anyhow, do let me know if you'd like help paying for your rent/mortgage in February. I'll pay money order or in Bitcoin. 😁
Or if you're a kindred spirit and willing to let me couch-surf for 11 days, I'm happy to explore it. I've also been a couch surf host!
*Rental Length depends on $$$. I would like at least 11 days.
Please DM if you have a potential offer and want to talk details. Feel free to post leads; let's share the market!
P4S | PlexStory Inc| Resellers Plan | Plex Appbox | Plex Share | Google TD Shares|Automatic | website | 10GPS | Remux | 4K | Anime | Kids Tv | 27k+M | 10k+T | Automated invoice
Locations - USA (Live) - Middle East (Upcoming) - Europe (Currently Live) - CDN enabled.You can choose your CDN relay , multiple services worldwide Join us via this website: - https://billing.vpnsaga.com/ Services - Plex Share - Plex Appbox Shared - Dedicated Reseller Appbox - IPTV (included PPV events) (VPN app for android user included) - Google Drive Share - Website disguised as VPN provider. Library - 10k + Tv Shows. - 27k + Movies. - 1500 + 4K Movies - 400+ 4K Tv - 800+ Anime -Few foreign films and tv. Total around 2k ish Payment options: - Bitcoin/Bitcoin Cash/Etherium/Litecoin/Dash/XRP/USDT - Paypal Resellers Information(sell my products direcly on your website) - All you have to do is just order my services like normal ! - You buy my service for X amount and up charge it to your clients for X amount ! - You get a dedicated server with a specific amount of appbox.additional appbox can be installed on request - You can sell appbox,plex shares or both as per your wish Information You May Want To Know - Instant scans - We have limited amount of spots. - Auto Requests enabled on appbox - We use GPU for transcoding. - Transcode allowed besides 4k Content. - Instant Setup DISCORD https://discord.gg/QZm8UmQjhY Limited slots.Once we hit our user limits,you will not be able to sign up
Tradfi news/events and their impact on crypto markets fomo and cycles and other thoughts
Something that’s been on my mind lately are the key macro drivers of volatility for crypto. Though there are many, it is really interesting to note the correlations between the 2017 bitcoin cycle to what we’ve seen so far in the current cycle when we compare some of the largest drivers of anticipation and price appreciation borne of a desire for the crypto space to reach “mass adoption” by way of entering traditional financial systems.
Now whether that is a good thing or not - that’s for the crypto maxies to debate - from a crypto market cap etc and individual protocol prices, tradfi on-ramps, market assets that directly buy crypto will be required to make crypto investments grow and become ensconced into golbal financial markets as a whole.
At the end of the 2017, bitcoin futures were hotly anticipated which created a lot of fomo prior to their release. Many in the community cautioned that the event would likely cause a “sell the news” event with silver futures are a guide/corollary. The silver comparisons were proven correct.
This summer talk of bitcoin ETFs became one of the most (if not the biggest) driver of anticipation with bitcoin peaking when the proshares ETF released. Since that week of November, bitcoin has trended down to where we are now. Whether the cycle plays out the same as 2017 remains to be seen. Could we revisit the weekly 100 ema like in 2018 summer and 2019 fall markets.. well I think, “We mostly don’t know shit about fuck” applies here.
So why do big tradfi-crypto happenings which crypto communities celebrate consistently seem to trigger “sell the news” events?
Big news and upcoming events in the traditional-crypto finance space (as signals to broader mainstream acceptance) create huge anticipation within crypto, fomo rips through communities, emotions run rampant resulting in large speculative volatility spikes. Everybody is riding the high until the tradfi-crypto products go live. Seasoned private and institutional investors, position their funds in crypto assets to capture the unsustainable ride up, then likely sell to create downward pressure as they have now taken short bets in these new tradfi products. Rinse and repeat.
We have to remember that traditional finance as a whole still very much view crypto as highly volatile and speculative assets. This was certainly true in 2017 and to be honest not much has changed in 2021. As we move forward however, money talks, and tradfi is allocating a lot of their funds to crypto investments, something that just wasn’t prominent in 2017. This will warp crypto markets more and more, more money in/out means that cycles will likely extend as it just takes more time to enter or unwind positions etc (so the cycle extension hypothesis makes sense to me). I think directly comparing to previous crypto cycles will loose relevance as I’ve not seen to many account the growing competition for funds and eroding market dominance realities of bitcoin relative to smart contracts protocols and everything else happening in the space.
Regardless, the one constant in all market old or new is human emotion. Our ape brains don’t handle investing to well, (its ok to admit it to yourself I wont tell anybody) and cryptos being of a very speculative nature exasperates that reality. Emotional exuberance - or plainly - buying/ selling on emotion and being part of communities that overwhelmingly reward emotional excess, will contribute to warped investing strategies and more often than not, making you loose sight of the forest from the trees. This should be a great concern, for you as you build your investing strategy over time but also its should be a concern for this and other communities as echo chambers tend more often than not to broadly warp expectations.
Specifically for this sub, Moons likely exasperate the situation as emotional posts and comments get more votes/more eyeballs, especially those proclaiming incoming windfalls (and likewise are rampant on youtube), with promises of riches and emotional pleas to buy at any prices as crypto “is the only way out or your current situation” or more disturbing “is your only hope for a future”. Perhaps to counter this, future moon proposals/vote could readjust rewards to heavily favour/reward solid informational post, research, tech breakdowns in an effort to bring balance to this sub I feel has been lost.
I was once told that if you get emotional about your investments, you’ve already lost the money, you just don’t know it yet. This is a good reminder for anyone still reading this that longterm success is born of patience and careful dyor into the projects/companies etc you put you’re money into. Whether its to play volatility or dca for longterm goals. The approach to short/med/long investment strategies will be different for each but the common thread is that those that are successful do so by building strategies and approaches that limit the effect of emotions on their actions.
fuck I wrote a book instead of fiat mining. oh well, until next time. cheers.
How bitcoin can replace fiat?
Only in the event of a global bloody war under the guise of long-term peacekeeping operations for the good deed" and only in the form of a temporary reserve digital currency, the creation of a planetary blockchain won't be completed yet.
The main digital currency will appear within 5 years with the widespread adoption of quantum computers among corporations. Digital planetary currency will be initiated with the participation of all coalitions (countries), where the initial share of each country will be pre-registered. But all this will be with other blockchain mechanisms. Bitcoin today is just an 11-year test.
Our CEO says that soon (by earthly standards) we will witness a significant evolution of the blockchain. We can say it will be blockchain version 2.0, but aimed at containing huge price fluctuations, as it happens daily in Bitcoin, but also allowing you to earn on its fluctuations, like the exchange rates of national currencies.
The national currency, by the way, will soon disappear but will remain in human memory, as a tribute to the old traditions of the corrupt world.
Insider Protocol
Nike Inc. (Ticker: NKE) - Brief Breakdown
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Company Description
Nike Inc. designs, develops, and sells athletic footwear, apparel, and equipment worldwide. Nike offers products in various categories related to sports including running, NIKE basketball, Jordan brand, football, training, and sportswear. Nike offers gear and equipment in various sporting activities, licenses apparel with colleges, universities, professional sports teams, and league logos. Nike owns and operates various fashion brands including Converse, Chuck Taylor, All Star, Jordan brand, and various athlete “signature” shoes.
Quantitative Analysis
At the time of this writing (1/9/2022), NKE is trading at $156.97 with a 52 week range of $125.44 - $179.10 and a market cap of $248.22B. In Q2 of 2022, Nike’s revenue was up 1% year-over-year (YoY) to $11.4 billion and direct sales were up 9% to $4.7 billion. Nike’s gross margin increased 280 basis points to 45.9% and the diluted earnings per share was $0.83 up 6% YoY. Return of equity (ROE: Net Income / Total Equity *100) of NKE is 45.73% and net margin (net income / revenue) is 13.32%. The debt to equities ratio (total liabilities / total equity) is 1.61. Nike offers a dividend with a yield (dividend paid per share / price *100) of 0.72%. This financial analysis was done using financialstockdata.com (sign up using our promo code GCI here). You can view NKE’s last quarterly earnings here and 2021 annual report here. Below we have percent returns denominated in both USD and in Bitcoin.
Qualitative Analysis
Nike is the largest sportswear brand in the world, with various sectors surrounding athletics. Nike sponsors entire professional sports leagues, sports teams, and individual athletes, in nearly every sport and at nearly all levels of competition (e.g., college, professional). You’ll be hard pressed to find a sport where Nike is NOT a sponsor of an athlete or team. Nike has also become a general fashion brand, giving consumers options to choose athletic apparel, “athleisure” clothing, and even semi-formal clothing. Although many athletic events were halted at the start of the COVID-19 pandemic, I find it hard to believe that we’ll see another complete halt anytime soon - there is far too much money involved for far too many stakeholders. As long as sports are relevant (even ESports), Nike will be a major presence.
Bullish Thesis
Here are three points to support the bullish thesis:
- Household brand: It’s no surprise that Nike is one of the most familiar name brands in the athletic apparel industry. According to Wallstreetzen.com, Nike has more than 1,000 retail stores globally, including over 800 factory stores, 76 in-line stores, and 150 Converse stores. In 2020, Nike boasted a whopping 53% market share of the athletic footwear segment and 25% market share of the athletic apparel segment. Nike’s strong brand name, history of success, and familiarity to consumers will likely ensure it’s place near the top of the athletic apparel industry for many years to come.
- Increasing “virtual” presence: 2020 and 2021 drove many businesses deeper into the virtual world - particularly retailers, who were forced to adapt to economic shutdowns and slowing in-person shopping. At the end of their fiscal fourth quarter in 2021 (fiscal year ended May 31, 2021), Nike posted a quarterly revenue increase of 96% year over year to $12.3 billion and a full-year revenue increase of 19% to $44.5 billion. “This full-year growth was led by our own digital business, which has now more than doubled versus fiscal 2019 prior to the pandemic,” said CEO John Donahoe. Indeed, Nike’s direct-to-consumer digital business represented 21% of its total revenue in 2021. In addition to their shift into online, direct-to-consumer retail sales, Nike is jumping into the virtual fray via Metaverse-related acquisitions and partnerships. In December, they announced the purchase of virtual sneaker company RTFKT. Nike has also teamed up with Roblox to create a virtual world called Nikeland. Many companies - including Nike, apparently - view the metaverse as a way to reach younger consumers. Time will tell whether Nike can leverage its virtual reach into actual sales.
- Increased health consciousness: Coming out of a pandemic that had particularly severe health consequences for those who were overweight or obese may cause a global shift toward increased health consciousness. There is some preliminary evidence for this trend, including multiple studies showing that COVID-19 had significant impacts on people's behaviors and attitudes toward their health and well-being. If these trends continue, it would not be surprising to see an uptick in demand for exercise equipment and athletic apparel. As a major, well-known footwear, apparel, and equipment manufacturer, Nike is incredibly well positioned to meet this increased demand.
Bearish Thesis
Here are three points to support the bearish thesis:
- Increasing competition: For large companies this is almost a rinse and repeat argument, but Nike has seen increased competition out of multiple brands like few other sectors have seen. Nike is competing not only with the likes of Adidas and Under Armour, but also with Lululemon (who Nike recently sued over Mirror technology) and other emerging athleisure brands. Consumers have more options and some may be searching for the newer, cooler brand to wear. Nike will always have its staying brand power, but competition forces large companies like Nike to adapt in order to stay with the trends. It also forces Nike to spend money in marketing in order to continue to be in front of consumers.
- Continued supply chain disruptions: For any company that produces massive amounts of products, supply chain disruptions have been a big issue since March 2020 and this issue does not seem to be going away. Supply chain issues have been a hot button topic and there has been no resolution in sight. This is made it difficult for companies like Nike to get its products to its consumers and has caused delays on releases or limiting the amount of product available for sale. This could be used by companies like Nike to increase prices in the short term but this model is not sustainable over the long term as more and more people will be moving to available products if companies like Nike cannot figure out these supply chain issues in the future.
- Worries about China: China has always been one of Nike’s hot countries where consumers cannot get Nike clothing and shoes fast enough, yet recently Nike’s products have sat on shelves. Nike’s recent earnings do not reflect a decrease in earnings as increased spending in other countries has helped with the decrease in China spending. Chinese consumers have spent less on foreign brands in recent years and with the supply chain worries and geo-political forces due the COVID-19 pandemic have created a nationalistic outlook for Chinese consumers. Also, workers in Xinjiang boycotted following allegations of forced labor to produce cotton giving Nike negative publicity in China. This is something for potential investors to look at as China is historically one of the biggest consumers of Nike products.
Cardano Rumor Rundown January 10, 2022
Hey Everyone!
Let's go...
Newly covered today:
- Upon his return from CES in Las Vegas Charles did a late night twitter space for 3+ hours. https://twitter.com/seal_kiman/status/1480291288171921415
- Legacy institutions are even realizing that ETH is going to lose market share due to its lack of ability to scale. https://twitter.com/GhostchainClub/status/1480143844649979905 https://news.bitcoin.com/jpmorgan-report-states-ethereum-might-lose-defi-dominance-due-to-scaling-issues/
- SundaeSwap is trying to prepare us for congestion at launch. https://sundaeswap-finance.medium.com/expectations-congestion-mainnet-launch-e9da5abfd819
Previously Covered but still interesting:
- Cardano increased it’s blocksize and Plutus Script Memory yesterday (12.1.21)! https://twitter.com/InputOutputHK/status/1466086538207547393
- Looks like more theft in ETH DeFi (“Robbery Forest”). Reports coming in that Badger DAO has lost $120MM. https://www.coindesk.com/business/2021/12/02/badger-dao-protocol-suffers-10m-exploit/
- Liqwid has announced that they are integrating Chainlink price feeds. https://twitter.com/liqwidfinance/status/1466404699284938756
- IOHK drops a new video with Pi Lanningham of SundaeSwap regarding the tools that SundaeSwap has open sourced as part of its approach to launch. https://twitter.com/InputOutputHK/status/1466480233004113926
- Cardano has reached one million wallets staked. https://twitter.com/IOHK_Charles/status/1467351929047044096
- Cardano still remains secure. Meanwhile a gigantic bug in Solana that could have been exploited for six months was reported. https://www.theblockcrypto.com/post/126318/solana-library-bug-could-have-seen-attackers-stealing-27-million-an-hour
- Robbery Forest can’t seem to go a day without doing its thing. This time it was apparently $150 million. https://twitter.com/sheldonbitmart/status/14673162528552263
- SundaeSwap went live on testnet with a faucet for free testnet ADA and various ice cream flavored free testnet tokens. All compatible with Nami. https://twitter.com/SundaeSwap/status/1467795614633185280
- ADA Handles were a surprise integration into the SundaeSwap Testnet! https://twitter.com/adahandle/status/1467907015972323328
- The testnet proved valuable quickly as some improvements were identified with the scooper and they were taken offline to make those changes. https://twitter.com/SundaeSwap/status/1467897465768665090
- Here is a beautiful illustration of massive concurrency in action on Cardano’s testnet! https://twitter.com/ProfSmith9000/status/1467978254912946184/photo/1
- Charles dropped a new AMA! https://youtu.be/Jex6wItSvzE
- In macro news that could affect all of crypto including Cardano, it looks like Evergrande (one of the largest real estate developers in the world) has finally formally defaulted on its debt obligations. While Evergrand has been stumbling for a long time, this event could mark the beginning of a new phase in global economics. https://www.nytimes.com/2021/12/07/business/china-evergrande-kaisa-property.html https://www.cnbc.com/2021/12/07/evergrande-set-for-restructuring-with-no-word-on-first-formal-default.html
- You can now use the Cardano ERC-20 Converter live on testnet with AGIX. https://twitter.com/InputOutputHK/status/1468308091217362947
- The Cardano Foundation dropped a fireside chat! https://youtu.be/TVWwnBpAbqE
- P2P is now live on the Cardano testnet! This is a busy week for new products launching on testnet! https://twitter.com/InputOutputHK/status/1468592725532553226
- The heads of Circle, FTX, Bitfury, Paxos, Stellar Development Foundation, and Coinbase appeared before the House Financial Services Committee. As expected, the questions from some of the House Committee members belied a misplaced focus on things like terrorist financing while others understood the need to regulate crypto appropriately so that crypto innovation is not forced offshore. There was significant focus on stablecoins due to the President’s Working Group placing so much focus there. One representative also chose to focus heavily on the energy consumption of Bitcoin mentioning coal power plants coming back on line to fuel Bitcoin mining. The witnesses from the crypto industry seemed to focus on dispelling misconceptions and also pushing for a single crypto focused regulatory body as opposed to the fragmented regulation that is typical in Washington. https://youtu.be/ohp-Trq4HU4
- Rick McCracken makes a great point about Cardano Stake pools losing $0 of delegator money in 2021 while ETH stakepools have apparently lost at least $163 Million. https://twitter.com/RichardMcCrackn/status/1468819811014610945
- There was an AMA about AVOUM on the IOHK discord on 12/09/21. AVOUM would allow for account balance type smart contracts (e.g. as in ETH) on top of the Cardano Blockchain. https://twitter.com/MutualKnowledge/status/1468711769069789196
- It appears that the number of Plutus scripts running on the Cardano blockchain has more than doubled in the last month. https://twitter.com/CardanoStiftung/status/1468645270221033475/photo/1
- Unbelievably, we’re seeing reports that Solana “crashed” again. Another report is chalking it up to a DDOS attack. Apparently, even after block creation was restarted, token distribution was still “halted”. https://twitter.com/murphsicles/status/1468998047879340041 https://twitter.com/Blockassetco/status/1468955731957202954
- Fitch calls it official with Evergrande defaulting on $1.2 Billion in foreign debt and Kaisa defaulting on another $400 Million. https://www.cbsnews.com/news/evergrande-stock-china-default-bonds-fitch-chinese-market-intervention/
- MLabs has released The Plutonomicon a developer driven guide to Plutus. https://twitter.com/MLabs10/status/1469218960856199173
- In Macro news that could affect Cardano, the Fed is expected to discuss quicker tapering and rate hikes at their Dec. 14 & 15 meeting. https://www.cnbc.com/2021/12/10/fed-is-expected-to-speed-up-end-of-bond-buying-and-signal-interest-rate-hikes-are-coming.html
- SundaeSwap releases the TasteTest model for decentralized price setting of tokens prior to launch. Very interesting! https://sundaeswap-finance.medium.com/sundaeswap-presents-the-taste-test-a5b125ee2645
- Liqwid and ADA Handle announce a partnership. https://twitter.com/liqwidfinance/status/1470472391000219656
- Reports of Solana outages are becoming so frequent now that it’s almost losing it’s newsworthiness (Dec. 13). https://twitter.com/Dogetoshi/status/1470421047518375938
- Dewayne Cameron asks some important questions about the impact of EVM sidechains on the Cardano Ecosystem and gets some interesting reponses. https://twitter.com/DCdoso/status/1470429874078822409
- IOHK posts a video clip around anti-fragility in our ecosystem. https://twitter.com/InputOutputHK/status/1470483828540125190
- Pavia is testing inter-parcel messaging. https://twitter.com/Pavia_io/status/1470768849406595072
- Good reports are coming out from the SPOs who attended the SundaeSwap Scoopers meeting. https://twitter.com/conraddit/status/1470834006602223619
- There is now a smart contract option available from cnft.io so that you can now buy NFTs on their marketplace with any wallet. https://twitter.com/CNFT_IO/status/1470752923890204672
- The growth of the Cardano ecosystem seems to be unstoppable! The ecosystem map continues getting huge. https://www.cardanocube.io/cardano-ecosystem-interactive-map
- There is now a wrapped BTC on Cardano project. https://twitter.com/anetaBTC
- Vacuum Labs has a new joint cardano/solana wallet called NuFi. https://twitter.com/NuFi_Official/status/1471162153109442570
- Artifct App is bringing a Moon Metaverse to Cardano with parcels on the near and far side of the moon. They are reporting they used real data from the surface of the moon to render height maps of the actual lunar surface. https://twitter.com/ArtifctApp/status/1471014415495483397
- Apparently, Vacuum Labs has been busy. They are also dropping a new Dex! https://twitter.com/wingriderscom/status/1471034657437270017
- Pavia has revealed the “final sections” of the map! https://twitter.com/Pavia_io/status/1471222560075431939/photo/1
- In macro news that could affect Cardano and all of crypto, the dot plot from the Dec. 14-15 FOMC meeting has been released. https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20211215.pdf
- Check out this crazy photo from a World Mobile aerostat looking like it’s at the edge of sky and space. https://twitter.com/MrTelecoms/status/1471035509929566210
- Another Cardano based metaverse has sold out it’s initial landsale. This one is called Ada Realm! https://twitter.com/AdaRealm/status/1471477413611716611
- Looks like the Cardano Mid-month update is finished and will be released Dec. 17 in the evening UTC. https://twitter.com/timbharrison/status/1471504180913180675
- The Cardano community learns that an employee at Messari has reported holding ADA and #westandwithGarrick is born. https://twitter.com/CardanoDean/status/1471200564197396488
- IOG is promoting use of the #buildingoncardano hashtag as a means to keep track of all the Cardano projects. https://twitter.com/InputOutputHK/status/1471554965848084490
- Komodo has joined the UTxO alliance along with Cardano (& IOG), Ergo, Nexos, & Topl. https://twitter.com/KomodoPlatform/status/1471445153940480003
- The Cardano community takes a moment to realize that beach front villas can be had for ADA in Phuket. https://twitter.com/BreakingADA/status/1471485197572968448
- Pavia has given us a partial reveal of their team. https://www.pavia.io/team.html
- The Cardano 360 December mid-Month update gave us some good progress reports on dApp development. https://youtu.be/_JNK4eDZFMA
- The ADA Handle beta launch completed with 15,000 human readable addresses minted on the Cardano blockchain. https://adahandle.com/
- There’s a new community built tool for analyzing the Ada Realms metaverse. https://jurgel.github.io/adarealm-market-map/
- Cardano’s biggest metaverse is already more…uh…decentralized than Decentraland. https://twitter.com/PavianoGroup/status/1472879929230602247
- We got another PAB Pre-Release (Dec. 20)! https://github.com/input-output-hk/plutus-apps/releases/tag/v2021-12-20
- There are now automated seller ratings on cnft.io. This means you can tell which sellers habitually fail to send the asset after a sale. https://twitter.com/StaleDev/status/1472995940478996483
- The end of year Cardano 360 will be going down on 12.30.21! https://twitter.com/InputOutputHK/status/1473707429875654666
- A two-day countdown is underway for ADAX Pro. Is it a testnet launch? Mainnet? Reports are that it’s a testnet. No one seems to know much. But it looks like we are getting some kind of holiday surprise. Cardano DeFi is heating up! Soon we’ll be at full boil! https://twitter.com/adax_pro/status/1473356712232951815
- Very positive coverage from Forbes including a Cardano tracking page! https://twitter.com/ForbesCrypto/status/1473747419200376840
- The Cardano Foundation shares its 2021 highlights. https://cardanofoundation.org/en/news/2021-a-year-of-incredible-growth/
- Here’s a great new interview with Micky Watkins of World Mobile and Bullish Dumpling! youtu.be/Cc1GLNy9508
- The end of year Cardano 360 will be going down on 12.30.21! https://twitter.com/InputOutputHK/status/1473707429875654666
- A two-day countdown is underway for ADAX Pro. Is it a testnet launch? Mainnet? Reports are that it’s a testnet. No one seems to know much. But it looks like we are getting some kind of holiday surprise. Cardano DeFi is heating up! Soon we’ll be at full boil! https://twitter.com/adax_pro/status/1473356712232951815
- Very positive coverage from Forbes including a Cardano tracking page! https://twitter.com/ForbesCrypto/status/1473747419200376840
- The Cardano Foundation shares its 2021 highlights. https://cardanofoundation.org/en/news/2021-a-year-of-incredible-growth/
- Here’s a great new interview with Micky Watkins of World Mobile and Bullish Dumpling! youtu.be/Cc1GLNy9508
- Cardano is still destroying competitors in terms of number of validators. https://twitter.com/Cardians_/status/1474024685582962693
- Tech giants are making posts on social media to highlight the role of venture capital and institutional money in the ecosystem of Cardano’s largest competitor. https://twitter.com/jack/status/1473887809211711491
- Here’s a great video explaining how World Mobile utilizes the Cardano blockchain. https://twitter.com/WorldMobileTeam/status/1473936758811340801
- Cardano’s biggest metaverse now has over 8,000 wallet holders. https://twitter.com/Pavia_io/status/1473983061155094533
- In case you missed it, here was Charles Xmas eve video. https://youtu.be/g94qwKpCvO0
- Charles dropped a video today (Dec 27) on dApps & the CDA. https://youtu.be/lR2Ljy1CPTI
- A partnership between World Mobil and Adax has been announced. https://twitter.com/wmtoken/status/1475466699919044609
- The end of year Cardano 360 will be this Thursday (Dec. 30). https://twitter.com/InputOutputHK/status/1474077491019104261
- The SundaeSwap audit by Runtime Verification has been completed! https://twitter.com/SundaeSwap/status/1475874695383764995 https://sundaeswap-finance.medium.com/runtime-verification-completes-audit-of-sundaeswap-contracts-e4e663cd791e
- Emurgo now has an NFT marketplace called Fiborite! https://twitter.com/emurgo_io/status/1475946176759357458
- COTI has announced a Djed x ErgoDex partnership. https://twitter.com/COTInetwork/status/1475830866492461058
- The Yoroi dApp connector is now available on Yoroi nightly. https://twitter.com/YoroiWallet/status/1472795127735324676
- There is interesting discussion happening on how custody will actually work with the Liqwid protocol. https://twitter.com/AmbivalentMr/status/1476203841670553604
- Cardano blockchain insights will soon have count of payments tracking that will be more directly comparable to transaction count in account-balance style blockchains. https://twitter.com/matiwinnetou/status/1476207098929336321
- DripDropz has dropped (no pun intended) a new video on how to withdraw your tokens (starting on Jan. 1) along with a few medium articles explaining what they are all about. https://youtu.be/J-QzYEW6ihs https://dripdropz.medium.com/drip-tokenomics-87c4ad099232
- The 2021 Wrap Up Cardano 360 is now available. https://youtu.be/mhfxSWrTrtI
- Artifct drops a full motion rendering of what walking around on your moon plot might be like. https://twitter.com/ArtifctApp/status/1476654582423961619
- The Parade of Defectors has begun. Amazingly, it’s starting with CoinDesk. https://www.coindesk.com/learn/cardano-vs-ethereum-can-ada-solve-ethers-problems/
- DeFi Llama is now tracking Cardano and also MuesliSwap. https://twitter.com/DefiLlama/status/1477335610805342213 https://twitter.com/DefiLlama/status/1477725343549120513
- It looks like fractional NFT trading may be a thing sooner than we think! https://twitter.com/blueshrmpCO/status/1477744172450795520
- Cardano will soon have over one dozen NFT markets. https://twitter.com/matiwinnetou/status/1477743975201222656
- Charles dropped a giant whiteboard video on dApp Development. https://youtu.be/Yt4Sg6rs80Q
- Reports came out that the Tiny Man platform on Algorand and the Polygon platform on ETH have both been hacked (Jan 2, 2022). https://twitter.com/Degen_DeFi_/status/1477648321913049088
- Ardana Community Call #17 contained some great explanatory discussion of why DeFi projects will benefit from Cardano Improvement Proposals 31,32, & 33. https://twitter.com/i/spaces/1BdGYwDXMzyxX
- Now even Cointelegraph is joining in on the positive Cardano coverage. https://cointelegraph.com/news/cardano-became-the-most-developed-crypto-on-github-in-2021-santiment
- Pavia is teasing some big things in Q1. Hopefully those items will be revealed soon. https://twitter.com/Pavia_io/status/1478050885754408965
- Reports say Solana went down again for several hours on January 4th, 2022. Maybe this is a strategy to normalize the idea of “decentralized blockchains” that can be turned on and off at will. https://twitter.com/ChainNewsBTC1/status/1478467293478895620
- Samsung announces that it will use Veritree (which runs on Cardano) to plant two million mangrove trees in 2022. https://thenewscrypto.com/samsung-to-plant-2m-trees-with-blockchain-technology/
- More proof that not all stablecoins are built the same. Tether decides to freeze over one million USDT held by a single account and is cited as saying they regularly work with law enforcement and regulators. https://www.theblockcrypto.com/post/129133/tether-freezes-over-1-million-usdt-single-address
- Now even Cointelegraph is joining in on the positive Cardano coverage. https://cointelegraph.com/news/cardano-became-the-most-developed-crypto-on-github-in-2021-santiment
- Vitalik says they are 50% of the way to ETH 2.0 100% optimization. https://cointelegraph.com/news/we-are-50-of-the-way-there-says-vitalik-on-ethereum-s-development
- Liqwid Community Call #4 happened on Jan 5, 2022. It sounds like Liqwid is taking a very different approach from Ardana and will not be waiting for any hardforks that might incorporate CIPs like 31, 32, & 33. https://twitter.com/liqwidfinance/status/1478446489202536448
- The December ‘21 FOMC Meeting Minutes were released and spooked all the markets including crypto and Cardano. https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20211215.pdf
- Ledger currently has a Catalyst Fund 7 proposal for $75k for Ledger Live integration. https://cardano.ideascale.com/a/dtd/Ledger-Live-Integration/384961-48088
- Cardano & Samsung rumors fly after the Veritree announcement, a seemingly cozy exchange between Charles and Samsung USA on Twitter, and a shaved headed Charles visiting the Samsung booth. https://twitter.com/IOHK_Charles/status/1478860226098962434 https://twitter.com/IOHK_Charles/status/1479218958917988352/photo/1
- It’ll be interesting to see what collabs can produce for the Cardano metaverse space. Apparently, Ada Realm & Pandaverse are in collaboration talks. Pandaverse had previously announced some type of collaboration with Cardano Village. https://twitter.com/AdaRealm/status/1479232376354000898 https://twitter.com/PandaBandaCNFT/status/1479220744030756869
~Army of Spies
Message from CEO Lamine about the development of Flooz 📖
Dear community,
I am receiving a lot of questions from all sides and wanted to take the time to answer them:
Wen Articles? In December, we said we will be placing articles to media outlets. We’ve hired a PR agency that was awarded “best crypto agency”. The first articles that have been released have not met our quality standards. I would never air out dirty laundry publicly, but keeping it short, we’ve decided to end the collaboration with said agency and thus are taking the matters into our own hands. You can find the press releases here: https://floozlink.notion.site/PR-Overview-ff0ea7eef4334576badef02bd0ddd47f - Polygon strike strategic partnership with Flooz - Superkeys: Tokenize any content and gate it behind a NFT
We’re working on a third one for the release of the highly anticipated Flooz.World “Gen-Fs”.
I will keep you updated when these articles see the light of the day and share them on our official Twitter and Discord Announcement Channel
Why aren’t you deploying the funds from the marketing wallet? Since the inception of $SYA, we have barely deployed any funds from the marketing wallet. All expenses accrued, e.g. paying designers, developers, buying digital billboards all over Germany, and more, have been paid by the company Flooz.
Deploying the funds from the marketing wallet means swapping $SYA for BNB and that would hurt the price of $SYA, thus we’re not doing that as we care about the community.
What’s up with the Team? 2021 has been a year where the core devs behind $SYA and Flooz.Trade (Flo, Marcelo, Ruggero, Boris, Maximos, Nico and I) worked at max capacity. We’ve had countless nights of blood, sweat and tears to deliver the SYA radar, the entire Flooz.Trade platform, Bot and onboard dozens of token partners on different chains. Thus, the team went on a well-deserved holidays for two weeks to charge their batteries. In hindsight, I probably should’ve told the entire community that they’re on holidays. I didn’t do so, because I felt it would be an overkill to let everyone know when people are on holidays and when not. Happy to say, that they’re all charged up now and be ready for all the madness dropping in 2022. The whole squad will go back to work on Monday as usual and we’ll pick up work from there and continue at an improved speed.
I’m also pleased to announce that already Nico, Flo and Boris have dedicated their time fully to work on this and now Ruggero and Marcelo are following too.
We’ve also hired a super strong Chief Design Officer that was leading design at Google (Waze), Wix and Klarna for the last 10+ years. He will setup a design organization and harmonize our products UI/ UX across the board.
June, who used to head up comms, is leaving the comms team and helping Craig to onboard new token partners in the partnerships team now. We’ve jointly decided that this is a better step for her.
Roadmap, timelines, why Metaverse? As mentioned in my last blogpost, we’ll be shipping a new roadmap after the Gen—F collection drops. I’ve left Dubai today to meet the Management team in Austria to plan the whole year 2022.
However, as I’m getting a bunch of questions, I would like to address a few things: Please know that our word is bond, thus everything that we’ve promised to deliver in 2021 but didn’t ship it yet will still be shipped. I hope that you all understand that sometimes priorities shift and we have to adapt and remain agile.
In December, we were set to deliver, for example bridges/ cross-chain swapping or crypto gifting and instead we’ve built the Superkey Factory and got it audited by CERTIK. The Superkey Factory is a SDK and an important piece of infrastructure that enables us, our partners and creators to create NFT contracts out of the box. It’s template based. It’s as easy as uploading a picture to instagram, selecting the royalty model and hit upload. It enables anyone to launch their own NFTs and NFT collection. Soon, everybody in the world, be it creators, brands, or simply you, can create and mint their own NFTs in the Flooz.Link app and gate any content such as Discord Channels, Stories, Digital Files, Event tickets etc. behind the NFT. It will work on all Flooz.Trade supported chains. These NFTs will end up on Flooz.Link profiles, our partner websites and on the Flooz.Trade Marketplace (primary and secondary sale). “Eat your own dog food” - Every product we build, we use it internally and stress test it as much as possible before making it available to the world. Thus, the Superkey Factory SDKs are being used on Gen-Fs, our first marketplace. Ok cool story bro, but we wanted cross chain, so wtf man? Fair point. Here’s our reasoning. We have roughly 80m people on the blockchain currently. There are however 3.4b people with access to the internet. So this number will grow exponentially in the coming months and years and we will very like have 1b people on the blockchain in the next 2 years. This hyper growth is currently fueled by culture and not by technology. If bitcoin is a store of value, NFTs are a store of culture. NFTs and more specifically, culture is fast tracking the entire crypto adoption. Thus it was important for us to position us smart into the market and thus we’ve made the adjustment in our roadmap.
In light of the release of Gen-Fs, we’ve also released the “MetaLab”. Its more than just a fun way to discover our artwork. It will be your default avatar creation tool on Flooz.Link and Flooz.Trade.
Some of you seemed to be confused why I’m pushing our efforts to enter the metaverse so hard. Rightfully so, it comes as surprise and may look like we’ve pivoted our efforts. I can assure you that this is not the case. With Flooz.link we’ve built the tools for people to make money doing what they love, with Flooz.Trade we’re giving everyone equal financial opportunities in a playful way and with Flooz.World, we’re enabling everyone to express themselves. With the Metalab, you will be able to immerse into a world where you can be whoever you want to be, change identities, clothes, homes, virtually anything. Flooz.World and the MetaLab is the identity layer of Web 3.0 and another important part in the whole ecosystem. You will be able to port your identities across different platforms and systems, obviously starting with our own first Flooz.Link and Trade. The first drop, the genesis collection dubbed “Gen-F” is bigger than just a simple PFP project. It provides a lot of utility to all holders, opens the door to new partnerships and new community members.
Parts of the proceeds of Gen-F will be used to get SYA, moreover its next iteration, listed on centralized exchanges.
On timelines: 2021 has been a crazy and successful year for the entire team. However, I believe that one can best grow from mistakes, so instead of focusing on the good, let’s dive into what we and especially I fucked up and where we need to improve. Here’s what I’ve personally learned. Building in public is the most amazing thing ever. I get to tweet out a crazy idea/ experiment “I want to build an island in the metaverse!” and super talented people respond to it and help us achieve our visions. It’s beyond imaginable how talented this community is! The flip side of building in public is that sometimes it may seem confusing why we’re doing certain things and it creates expectations. Pair these expectations with adjusting priorities and thus timelines and the result is confusion and sometimes frustration from you, the community. As I’m driving comms, its an area that I urgently need to address and improve. Going forward, we will communicate a roadmap and focus on the sequencing rather than on timelines. Timelines can shift. Sometimes a task is more difficult than initially scoped, sometime its the opposite. Going forward, I will not communicate timelines until the products have been built and we enter public beta testing stage. When we change the sequence of events or roadmap, we will communicate this ahead of time and explain our reasoning behind it.
We’re not perfect. I am not perfect. We will make mistakes going forward and I’ve learned that it is ok to make mistakes as long as we transparently communicate why something is happening and why something is not happening. For this confusion, I apologize. We care about the whole ecosystem and everything is connected with another.
I hope this gives you more context on what’s happening behind the scenes. Thank you tons for your commitment, passion, love and support. I got you. You got me. We got this. WAGMI 2022
Bitcoin long liquidation dominance has hit 69%, the highest level since the May 2021 deleveraging event
https://twitter.com/glassnode/status/1480463390724083712
[Shopping Mall] Exciting New Year, Exciting 200% Mileage Accumulation Event
[Shopping Mall] Exciting New Year, Exciting 200% Mileage Accumulation Event
#KOK #KOK_Token #KOK_Coin #ZBG #Bithumb_Global #Blockchain #ERC20 #Bitcoin #Cryptocurrency #Digital_contents_platform #Decentralization
Crypto Market
Morning (Irish time) SAC fam.
On the wider crypto market, we have seen a significant reduction in the price of Bitcoin amongst other cryptos over the past 2 weeks. This comes off the back of a number of events. We’ve had the FED tapering quantitative easing measures, causing the US treasury yield to rise. This causes a scare in equity and crypto markets as we have seen.
We can also look to on-chain and derivatives data for information. Bitcoin perpetual open interest has spiked in recent weeks. Open interest is essentially the amount of short/long contracts were open in the market. A build up of open interest causes a lot of pressure in the market, which brings periods of significant volatility. It was unclear which way the market was going to go, but in this case it broke downwards.
We’re now around the $40k range, which I think is a good buying opportunity. I have started to buy myself. There is a lot of support at this range and we are seeing funding go negative (short traders pay longs to take the other side of the position). Usually when funding goes negative, it means long leverage has been flushed out and price will begin to grind upwards. This is similar to when we saw a short squeeze and subsequent price rally in mid July. If we break below $40k, I see the the next buying opportunity at $30k. Other than that, if we flip $53k I am also bullish.
If you’ve any questions, please reach out to me on discord. My name is CryptoCorner_NFT, and I am very active in the crypto chat.
World Chain Investment Research | NEAR: Why does everyone say it can become an Ethereum killer?
At present, the development of the blockchain industry can be divided into 3 main stages. In the first stage, Bitcoin played a great role in helping everyone open the door to "open currency" and completely liberated people's imagination of the concept of "decentralized currency"; in the second stage, the protagonist was Ethereum , Ethereum's smart contracts have released unlimited potential, making it possible to "decentralize open finance" represented by stablecoins, lending protocols, and DEX; and now, we have entered a new third stage, each The leading public chains are showing their magical powers and launching all-round competition, all wanting to occupy a new position on the future track as soon as possible.
Among them, there is a "public chain star" that shines so much, and even people have high hopes that it can become the future "Ethereum killer", and it is the star public chain NEAR.
Where is NEAR sacred? Can it bring value and potential to the entire market in the future? Today, World Chain Investment Research is here to conduct an in-depth analysis for everyone.
What is NEAR?
The full English name of NEAR is the NEAR Protocol, which is a highly scalable basic protocol that ensures that DApps can run fast enough on mobile devices. NEAR allows developers to build mobile blockchain DApps and run them locally, and at the same time, provides developers with important information about DApps. Thanks to state sharding technology, the blockchain is allowed to scale linearly with the number of nodes in the network, with the goal of 100k TPS based on 1 million mobile nodes.
As an open network infrastructure, NEAR strives to provide everyone with a decentralized application platform. Different from the obscure features of most existing blockchain platform technologies, NEAR strives to make the difficult and threshold blockchain accessible. From the scalability of the bottom layer, to the optimization of the middle layer, to the mature tools of the application layer, layers of checks and breakthroughs are designed to provide developers and users with a simple and friendly experience.
From the perspective of value depth, NEAR's sharding technology is particularly worth mentioning. In addition to effectively solving the scalability problem, this technology also attempts to solve core problems such as composability, cross-shard communication delay, and cross-shard transaction fees.
The reason why people regard the NEAR agreement as a potential project is largely because it targets the low-end devices (such as mobile phones) in this market segment. Although this is a subdivided field, it has a lot of room for operation. As far as the current development is concerned, these low-end devices have not yet become the focus of attention. NEAR has taken the lead in this area, and it can be said to have seized the opportunity. In the future, as the performance of mobile phones continues to improve, the quality of memory chips will inevitably be greatly improved. Mobile devices such as mobile phones are likely to become "a battleground" in the field of agreement. By then, NEAR will have greater advantages in applications market.
What are the ecological applications of NEAR?
As a project with the vision of "committed to building an open network platform available to everyone", NEAR has done quite a bit in its own ecological application construction. Next, let's take a look at the ecological applications of NEAR "out of the circle".
Rainbow bridge
The main function of Rainbow Bridge is to build a bridge of communication and mutual transmission between NEAR and Ethereum. What's more, the same architecture, after only a little modification by technicians, can allow NEAR to successfully connect to all compatible EVMs, including Polygon, Matic, Binance Smart Chain, Avalanche and other blockchains. Eventually, L2 blockchains like Optimism and Arbitrum can also be connected.
Additionally, the Rainbow Bridge team is planning to expand the Rainbow Bridge to support EVM-incompatible blockchains including Bitcoin, COAMOS IBC.
The release and launch of the Rainbow Bridge is of unusual significance to NEAR, because the emergence of the Rainbow Bridge means that the DeFi function is officially launched in NEAR. After this, creators and users around the world can use DeFi products and services on NEAR, and all assets originated in Ethereum can now seamlessly interact on the NEAR platform.
SputnikDAO/Boring DAO
As we all know, DAO can be regarded as an important part of the decentralized governance strategy of every blockchain protocol. For this reason, the DAO ecology on NEAR has also attracted much attention.
SputnikDAO is the DAO infrastructure on NEAR. With the help of this tool, it becomes much easier for projects or individuals to publish DAOs on NEAR, set the governance model for their treasury management, and update the smart contracts of the protocol. Projects can set up multi-signature governance, or issue and distribute governance tokens (both through Sputnik), or both.
BoringDAO is a decentralized asset bridge that will connect NEAR assets to Ethereum and other blockchains in the future, and will introduce PoW assets such as Bitcoin to NEAR. BoringDAO uses the "channel" operated by DAO to bridge assets, and this channel will also be responsible for managing important tasks such as the casting and destruction of cross-chain tokens.
Flux/ Band Prptocol
The Flux Protocol team is planning to release a new oracle aggregator to power DeFi applications on NEAR. The optimized Flux oracle can support API, random and price feed data, and the whole process is secured by economic guarantees. In addition to organic data, Flux oracles can leverage existing oracles and price feeds (Chainlink, Band, Uniswap) to provide developers with secure, customized price feeds.
Band Protocol introduces price feeds and data sources into the NEAR blockchain in a native way. With Band, developers can use real-world events, sports, weather, random numbers, etc. data in their applications and protocols.
Pulse
Pulse is a community-owned and community-run application, and it is also the first application driven by the Flux oracle. Users can use the application to predict a series of events, including predicting the weather, whether people find loopholes in the NEAR Rainbow Bridge, etc., and then submit the prediction results. Currently, Pulse is online, and there are thousands of users and hundreds of thousands of dollars in streaming liquidity.
Metapool
Pledge derivatives and DAO-based pledge distribution are vital to the PoS network to maintain a decentralized state, and the core advantage of Metapool is that the above two points can be achieved at the same time.
Users can pledge their NEAR through Metapool, and Metapool will assign NEAR to verification nodes on the whitelist, and then return $stNEAR. It is worth mentioning that stNEAR and NEAR have a 1:1 redeemable relationship. Holders will receive pledge rewards in the form of stNEAR. These stNEAR can be used in DeFi applications. Staking NEAR by this method can enjoy extra 10% annualized return.
OIN Finance
OIN is a decentralized stablecoin release platform. Projects can release their own branded stablecoins on OIN without the need to whitelist their collateral on other early platforms (such as MakerDAO). It is reported that OIN will release a set of stablecoins with NEAR as collateral, allowing NEAR token holders to unlock stability without having to sell their NEAR tokens. In addition, OIN also plans to launch an off-ramp function and other businesses, so that it can support swaps with other mainstream stablecoins, and can also provide services such as adding leverage, hedging, and lending, and can be targeted to specific A large number of functions have been launched on the ecology.
What are the characteristics of NEAR tokens?
The NEAR agreement officially launched the relevant mainnet on April 22, 2020. At the same time, 1 billion NEAR tokens were created. After that, an additional 5% of the supply will be issued every year as a block reward. 90% of the additional supply will be allocated to validators (ie 4.5% in total); the remaining 10% will be allocated to the protocol reserve pool (ie 0.5% in total). 30% of the transaction fee will be paid as a rebate for the contract interacting with the transaction, and the remaining 70% will be destroyed.
The overall distribution plan of NEAR coins is as follows, of which 17.2% will be used as community grants; 14% will be allocated to core contributors; 11.4% will be used as operating grants; 17.6% will be allocated to supporters; 10% will be used as Foundation donation; 6.1% will be used for the early ecosystem; 12% will be used for community sales.
It is worth mentioning that NEAR is the native token of the NEAR protocol, and its biggest role is to protect network security. Running a node needs to pledge NEAR tokens, so once a node commits evil, it can be punished. This mechanism can effectively guarantee the security of the network in an all-round way. Secondly, NEAR tokens play an important role as a medium of exchange. When conducting transactions, users need to use NEAR tokens as a medium of exchange. You need to use NEAR as a trading medium when trading in NEAR. In addition, NEAR tokens can also be used for network governance voting, which can determine the distribution method of network resources and the future technical direction of the protocol.
NEAR also has two core advantages that are unmatched by other tokens. One is that NEAR transaction fees are destroyed. Therefore, at high usage, the NEAR token will be deflationary; another is that NEAR's transaction fees are bound to remain low over time as network capacity is dynamically expanded through sharding.
Will NEAR's future development prospects look good?
Although many people in the industry hailed NEAR as the "Ethereum Killer", there is no doubt that the future development of NEAR will inevitably rely on the help of Ethereum. Ethereum has a strong developer community and extensive token distribution. In the next 2-3 years, how to achieve the transition from Ethereum 1.X to 2.0 will become the focus of everyone's attention.
And this opportunity gives NEAR sharding technology more space and possibility. NERA's sharding technology will prioritize the balance of network resources across shards, and will not treat shards differently. The Nightshade consensus and "large block design" originally created by NEAR can better serve as a single blockchain, thus achieving an Internet-level scale.
In addition, as the so-called "time, place and people are in harmony", the NEAR project team is full of talents. NEAR has a rich team composition, including many world-class computer competition winners, several former MemSQL engineers, and many members from well-known organizations such as Google and Facebook. It is not an exaggeration to say that they have rich industry experience in building distributed systems.
Compared with traditional public chains such as ETH and DOT, NEAR is a PoS public chain that adopts sharding technology. We have reason to believe that NEAR, which is currently in the window period, will seize the wind of the times and burst out amazing potential and value.
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