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✅ I will share a hidden gem with you that was recently mentioned by CNBC and Bitboy and also was awarded by the German Government.
The project is called ACRIA and they are building an improved version of Chainlink. Acria is already partnering with the German Government and other big companies and projects like MakerDAO, Litecoin, Polygon.
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💵 Buy ACRIA here 👉 https://acria.network/
Buy Acria now or you will regret it!
✅ I will share a hidden gem with you that was recently mentioned by CNBC and Bitboy and also was awarded by the German Government.
The project is called ACRIA and they are building an improved version of Chainlink. Acria is already partnering with the German Government and other big companies and projects like MakerDAO, Litecoin, Polygon.
✅ Acria is building on Cardano (ADA) too
✅ A 100x is possible with this project. I am also invested in the project.
✅ Get in now and get double the amount of ACRIA Tokens (limited time only)
💵 Buy ACRIA here 👉 https://acria.network/
Buy Acria now or you will regret it!
🍯 HONEY DeFi 🍯
The NFT crypto which saves bees 🐝
$HONEY is a new crypto which couples the power of deflationary tokenomics with NFTs.
Tax tokenomics:
•3% 🐝 Charity
•3% 📈Marketing
•2% 💼redistributed to investors
•2% 🔥burn
Users can use $HONEY to mint rare and collectible NFTs
Holding HONEY rewarded by:
• NFTs 🖼
• Participating in future events 🗣
• Community rewards 👨👩👧👦
➡️ Find out more: honeydefi.com
📬Join our telegram to automatically secure your presale spot: t.me/honeydefi
🍯🐝🍯🐝🍯🐝🍯🐝🍯
The NFT crypto which saves bees 🐝
$HONEY is a new crypto which couples the power of deflationary tokenomics with NFTs.
Tax tokenomics:
•3% 🐝 Charity
•3% 📈Marketing
•2% 💼redistributed to investors
•2% 🔥burn
Users can use $HONEY to mint rare and collectible NFTs
Holding HONEY rewarded by:
• NFTs 🖼
• Participating in future events 🗣
• Community rewards 👨👩👧👦
➡️ Find out more: honeydefi.com
📬Join our telegram to automatically secure your presale spot: t.me/honeydefi
🍯🐝🍯🐝🍯🐝🍯🐝🍯
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📣 RED ALERT: HUGE NEWS 🚨 (turn on the sound)
We're going to let you in on a little secret that could change your life 😱
We’ve uncovered hard facts that there is a plot underway to overthrow the king! 🤴
This is an opportunity to profit like never before. Be prepared!
🕵️♂️ Read our full investigation as we uncover:
🦮 THE DOG DAY CONSPIRACY ☠️
👉 Read here: I’m ready for the truth 👈
We're going to let you in on a little secret that could change your life 😱
We’ve uncovered hard facts that there is a plot underway to overthrow the king! 🤴
This is an opportunity to profit like never before. Be prepared!
🕵️♂️ Read our full investigation as we uncover:
🦮 THE DOG DAY CONSPIRACY ☠️
👉 Read here: I’m ready for the truth 👈
Bitcoin On Pause – Institutions Not Buying
According to the Greyscale Bitcoin Trust, institutions are not buying currently. The premium is showing at negative 16.55%, meaning that in spite of bitcoin being so cheap to buy by way of the fund, institutions are holding back, perhaps waiting for a re-continuation of the recent upward trend.
Many indicators are looking good for bitcoin. The price has been holding above $40,000 for the last two weeks, the daily Stochastic RSI indicator is bottoming out, the 50-day moving average is rising steadily back towards a golden cross of the 200-day, and a month-long trend line is acting as strong support.
However, after the rally took bitcoin back to $48,000, it was met with very strong resistance that was tested over 4 days, before bitcoin came back down to its present price level of around $44,500.
The $44,000 level is very key for bitcoin to hold. Should the number one cryptocurrency drop this level, it can go down further to test $42,000 and $40,000 levels of support.
The Greyscale BTC premium being at negative 16.56% does appear to be an area of concern though. Institutions use the Greyscale Bitcoin Trust to buy their bitcoin, given that it’s an extremely well-regulated and safe way to gain exposure to the number one cryptocurrency.
If they buy now then there is a 16.56% discount on the shares that they buy – a potentially huge discount margin should bitcoin maintain its growth to the upside. As can be seen in the chart, Ether is also at a discount of nearly 11%, and ETC (Ethereum Classic) is at a negative premium of over 30%.
According to the Greyscale Bitcoin Trust, institutions are not buying currently. The premium is showing at negative 16.55%, meaning that in spite of bitcoin being so cheap to buy by way of the fund, institutions are holding back, perhaps waiting for a re-continuation of the recent upward trend.
Many indicators are looking good for bitcoin. The price has been holding above $40,000 for the last two weeks, the daily Stochastic RSI indicator is bottoming out, the 50-day moving average is rising steadily back towards a golden cross of the 200-day, and a month-long trend line is acting as strong support.
However, after the rally took bitcoin back to $48,000, it was met with very strong resistance that was tested over 4 days, before bitcoin came back down to its present price level of around $44,500.
The $44,000 level is very key for bitcoin to hold. Should the number one cryptocurrency drop this level, it can go down further to test $42,000 and $40,000 levels of support.
The Greyscale BTC premium being at negative 16.56% does appear to be an area of concern though. Institutions use the Greyscale Bitcoin Trust to buy their bitcoin, given that it’s an extremely well-regulated and safe way to gain exposure to the number one cryptocurrency.
If they buy now then there is a 16.56% discount on the shares that they buy – a potentially huge discount margin should bitcoin maintain its growth to the upside. As can be seen in the chart, Ether is also at a discount of nearly 11%, and ETC (Ethereum Classic) is at a negative premium of over 30%.
Iranian Crypto Mining Given The Go-Ahead To Resume In September
Tavanir, the Iranian power generation, distribution, and transmission company has announced that the ban on cryptocurrency mining will be lifted on the 22 September. This is in the expectation that power consumption will start declining by the end of the summer, and subsequently release up energy for digital currency miners.
The move is a welcome relief for crypto miners who had been partly blamed for the serious power shortages over recent months. This had culminated with the ex-president Hassan Rouhani decreeing a temporary ban across all crypto mining.
Legally licenced crypto miners might well have been more than a little irritated with the ban, given that their actual usage of the power grid was very small. However, those who were unlicenced were said to be using the equivalent of around half the consumption of the capital city of Tehran.
These unregulated miners were also impacting the power distribution network, leading to rolling blackouts during the fiercely hot summer months. To combat this situation, Tavanir began to shut down the illegal crypto miners.
According to Tavanir, the mining equipment used by the illegal miners caused damage valued at around 180 trillion rials ($4.26 billion). The company also reported that it has seized over 212,000 pieces of illegal mining equipment.
For the legal crypto miners, the government has issued 30 crypto farm licences. Semnan province has the largest number with 6, while Alborz province has the second largest number with 4.
Crypto mining can potentially be very lucrative for Iran given the upward surge in crypto markets. Also, cryptocurrencies such as Bitcoin and Ethereum could be used for international payments, thereby circumventing the dollar and any trade bans that involved the currency.
The crypto mining sector is receiving a lot of interest now that China has banned it. BlackRock, the biggest asset manager in the world recently revealed that it had invested in crypto mining companies to the tune of $384 million.
Tavanir, the Iranian power generation, distribution, and transmission company has announced that the ban on cryptocurrency mining will be lifted on the 22 September. This is in the expectation that power consumption will start declining by the end of the summer, and subsequently release up energy for digital currency miners.
The move is a welcome relief for crypto miners who had been partly blamed for the serious power shortages over recent months. This had culminated with the ex-president Hassan Rouhani decreeing a temporary ban across all crypto mining.
Legally licenced crypto miners might well have been more than a little irritated with the ban, given that their actual usage of the power grid was very small. However, those who were unlicenced were said to be using the equivalent of around half the consumption of the capital city of Tehran.
These unregulated miners were also impacting the power distribution network, leading to rolling blackouts during the fiercely hot summer months. To combat this situation, Tavanir began to shut down the illegal crypto miners.
According to Tavanir, the mining equipment used by the illegal miners caused damage valued at around 180 trillion rials ($4.26 billion). The company also reported that it has seized over 212,000 pieces of illegal mining equipment.
For the legal crypto miners, the government has issued 30 crypto farm licences. Semnan province has the largest number with 6, while Alborz province has the second largest number with 4.
Crypto mining can potentially be very lucrative for Iran given the upward surge in crypto markets. Also, cryptocurrencies such as Bitcoin and Ethereum could be used for international payments, thereby circumventing the dollar and any trade bans that involved the currency.
The crypto mining sector is receiving a lot of interest now that China has banned it. BlackRock, the biggest asset manager in the world recently revealed that it had invested in crypto mining companies to the tune of $384 million.
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Crypto Factory Incubator
Get an Early Access to a New BSC #FairLaunch
(Locked Liquidity, Audited Contract, Verified Teams, Transparent Tokenomics and $10k initial MC) -
This is NOT financial Advice.
Do Your Own Research.
(Locked Liquidity, Audited Contract, Verified Teams, Transparent Tokenomics and $10k initial MC) -
This is NOT financial Advice.
Do Your Own Research.
Starting August 26, 2021, FTX, Raydium and Apollo-X will host the sale of the highly anticipated tokens of the Solana-powered Star Atlas metaverse, ushering in the next era of play-to-earn enabled GameFi revolution. In the two IDOs, additional allocation of ATLAS and POLIS tokens will be available to holders of meta-posters.
FTX:
https://help.ftx.com/hc/en-us/articles/4405371380116-How-to-participate-in-the-Star-Atlas-Sale
Raydium:
https://raydium.medium.com/star-atlas-is-launching-on-acceleraytor-fa35cfe3291f
Appollo-X
https://apollox.paidnetwork.com/project/star-atlas
Official Websites:
* https://StarAtlas.com
* app: https://play.staratlas.com/
Telegram: https://news.1rj.ru/str/staratlasgame
FTX:
https://help.ftx.com/hc/en-us/articles/4405371380116-How-to-participate-in-the-Star-Atlas-Sale
Raydium:
https://raydium.medium.com/star-atlas-is-launching-on-acceleraytor-fa35cfe3291f
Appollo-X
https://apollox.paidnetwork.com/project/star-atlas
Official Websites:
* https://StarAtlas.com
* app: https://play.staratlas.com/
Telegram: https://news.1rj.ru/str/staratlasgame
GucciCake 💎 the New Fair Launch with Hourly CAKE Rewards and MASSIVE Daily & Weekly Airdrops
🚀 Next FAIR LAUNCH (BSC)
🗓 Date : Friday 27th, 6:00PM UTC
📐Initial Market Cap : $10k
🔒Liquidity : Locked 12 months
💸 Reflexion Token : 5% dividends
💎 Massive Auto Airdrop
📝 Contract Address : N/A
🌐Website : N/A
💸 Auto-Claim Reward in Cake every 60 minutes
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💎 Massive Weekly Airdrop for Diamond Hands
🔥 Hardcore Token Buyback&Burn Mechanism
👉 JOIN US ON TELEGRAM 👉👉👉 https://bit.ly/38dZsQK
The official website will be share tomorrow !
Official GucciCake chats will be open tomorrow to avoid scams & bot. Be careful !
🚀 Next FAIR LAUNCH (BSC)
🗓 Date : Friday 27th, 6:00PM UTC
📐Initial Market Cap : $10k
🔒Liquidity : Locked 12 months
💸 Reflexion Token : 5% dividends
💎 Massive Auto Airdrop
📝 Contract Address : N/A
🌐Website : N/A
💸 Auto-Claim Reward in Cake every 60 minutes
🐰 Huge Airdrop for New Holders Every Single Day
💎 Massive Weekly Airdrop for Diamond Hands
🔥 Hardcore Token Buyback&Burn Mechanism
👉 JOIN US ON TELEGRAM 👉👉👉 https://bit.ly/38dZsQK
The official website will be share tomorrow !
Official GucciCake chats will be open tomorrow to avoid scams & bot. Be careful !
South Korea Moots Proposal To Set Up Bureau To Address Crypto-Related Matters
The Korea Financial Intelligence Unit (KFIU) will take on the legal responsibility and power to handle the agency. Apart from the bureau, the KFUI will also be setting up a "Policy Management Planning Division," a part of the new bureau launch.
The announcement by South Korea comes just a day after one of the leading candidates to lead the Korean Financial Service Commission revealed that South Korea would not be considering cryptocurrencies as financial assets similar to traditional financial instruments such as fiat currencies.
A statement put out by the FSC stated that the Korea Financial Intelligence Unit would be managing the newly created bureau. The new entity, known as the "crypto-asset monitoring bureau," will take on the responsibility of monitoring suspicious financial activity and transactions when it comes to cryptocurrencies. It will also be the final authority to decide the extension of cryptocurrency operators' licenses and look into how investor protection rules can be enhanced.
The Policy Management Planning Division will also be a part of the soon-to-be-launched bureau. However, the planning division chief will only be taking on an advisory role and report directly to the chief of the KFIU. The FSC has also allowed the KFIU to get more personnel monitoring all crypto-related operations in the market.
The official from the FSC commented:
“The FSC's decision for the creation of an independent bureau inside KFIU with increased personnel is aimed at checking and monitoring cryptocurrency-related financial activity and preventing potential money laundering."
Data provided by lawmakers showed that Korea’s younger population holds more than half of the country’s “household debt,” which they pointed out resulted from them investing in crypto and other crypto-centric assets.
The FSC has also partnered with other financial authorities to draft tighter regulations against cryptocurrencies and has given the crypto exchange operators in the country a window of 6-months to start using real-name trading accounts. Exchanges that fail to register with KFIU will have to cease their operations in South Korea. The newly created bureau will begin operations in September.
The nominee for the Financial Services Commission has expressed his reservations against cryptocurrencies. Koh Seung-beom, a monetary policy board member from the Bank of Korea, was named the chairman of the Financial Services Commission. In an interaction with journalists, he conveyed his stance, stating that it is challenging to recognize cryptocurrency as a financial asset, stating:
"I understand that the Group of 20, the International Monetary Fund, other international agencies, and a considerable number of experts find it difficult to see virtual currencies as a financial asset and think they could not function as a currency.”
The Korea Financial Intelligence Unit (KFIU) will take on the legal responsibility and power to handle the agency. Apart from the bureau, the KFUI will also be setting up a "Policy Management Planning Division," a part of the new bureau launch.
The announcement by South Korea comes just a day after one of the leading candidates to lead the Korean Financial Service Commission revealed that South Korea would not be considering cryptocurrencies as financial assets similar to traditional financial instruments such as fiat currencies.
A statement put out by the FSC stated that the Korea Financial Intelligence Unit would be managing the newly created bureau. The new entity, known as the "crypto-asset monitoring bureau," will take on the responsibility of monitoring suspicious financial activity and transactions when it comes to cryptocurrencies. It will also be the final authority to decide the extension of cryptocurrency operators' licenses and look into how investor protection rules can be enhanced.
The Policy Management Planning Division will also be a part of the soon-to-be-launched bureau. However, the planning division chief will only be taking on an advisory role and report directly to the chief of the KFIU. The FSC has also allowed the KFIU to get more personnel monitoring all crypto-related operations in the market.
The official from the FSC commented:
“The FSC's decision for the creation of an independent bureau inside KFIU with increased personnel is aimed at checking and monitoring cryptocurrency-related financial activity and preventing potential money laundering."
Data provided by lawmakers showed that Korea’s younger population holds more than half of the country’s “household debt,” which they pointed out resulted from them investing in crypto and other crypto-centric assets.
The FSC has also partnered with other financial authorities to draft tighter regulations against cryptocurrencies and has given the crypto exchange operators in the country a window of 6-months to start using real-name trading accounts. Exchanges that fail to register with KFIU will have to cease their operations in South Korea. The newly created bureau will begin operations in September.
The nominee for the Financial Services Commission has expressed his reservations against cryptocurrencies. Koh Seung-beom, a monetary policy board member from the Bank of Korea, was named the chairman of the Financial Services Commission. In an interaction with journalists, he conveyed his stance, stating that it is challenging to recognize cryptocurrency as a financial asset, stating:
"I understand that the Group of 20, the International Monetary Fund, other international agencies, and a considerable number of experts find it difficult to see virtual currencies as a financial asset and think they could not function as a currency.”
🚀 GUCCICAKE LAUNCHING NOW (LIVE)
📝 Official Contract
0xdD70ccF7AE9dA25149D5AE35374633F24346607E
🏆 ACHIEVEMENTS
- More than $3M daily volume the first day
- +3700 Holders in less than 12h
- Coinsniper & Co already listed
- Daily Buyback & Burn => Already burnt $20,000 worth of Gucci
💎 Did you spot GucciCake's awesome features? 💎
GucciCake Awesomeness #1 - Double Airdrops
- 1 Airdrop every 24h: 1% tax fees applied to Daily Airdrop => For new Holders 👶
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GucciCake Awesomeness #2 - Reward in Cake 🎂
5% Cake reward every 60min
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1% of every transaction is used to buyback & burn to pump the charts!
⌛️ GucciCake COMING SOON ⌛️
- Fast listing on Coingeko / CMC thanks to our network
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💎 ROADMAP: Great Things INCOMING! 💎
- Dashboard reward and airdrops in real time
- Gucci Farm (Earn BNB/BUSD with 1000%++ APR)
- Gucci Boost (earn BUSD while still earn GucciCake reflection rewards)
- Gucci Vault (auto-compound to earn GucciCake with 3000%++ APY)
- Mining Pool & Farm
- GucciCake Swap
- NFTs
🚀 JOIN US NOW and Enjoy the ride! 🚀
📰 Telegram https://news.1rj.ru/str/GucciCakeToken
🤑 BUY GucciCake: Chart https://poocoin.app/tokens/0xdd70ccf7ae9da25149d5ae35374633f24346607e
💻 Website https://www.guccicake.app/
📝 Official Contract
0xdD70ccF7AE9dA25149D5AE35374633F24346607E
🏆 ACHIEVEMENTS
- More than $3M daily volume the first day
- +3700 Holders in less than 12h
- Coinsniper & Co already listed
- Daily Buyback & Burn => Already burnt $20,000 worth of Gucci
💎 Did you spot GucciCake's awesome features? 💎
GucciCake Awesomeness #1 - Double Airdrops
- 1 Airdrop every 24h: 1% tax fees applied to Daily Airdrop => For new Holders 👶
- 1 Airdrop every week: 1% tax fees applied to Weekly Airdrop => Special “Diamond Hands” airdrop next Friday for those who never sell 💎
GucciCake Awesomeness #2 - Reward in Cake 🎂
5% Cake reward every 60min
GucciCake Awesomeness #3 - Daily Token Burn 🔥
1% of every transaction is used to buyback & burn to pump the charts!
⌛️ GucciCake COMING SOON ⌛️
- Fast listing on Coingeko / CMC thanks to our network
- First Airdrop tonight 18:00 gmt+3, $30k collected ready
- Custom “Diamond Hands” Airdrop next Friday for Hodlers who never sold since launch
💎 ROADMAP: Great Things INCOMING! 💎
- Dashboard reward and airdrops in real time
- Gucci Farm (Earn BNB/BUSD with 1000%++ APR)
- Gucci Boost (earn BUSD while still earn GucciCake reflection rewards)
- Gucci Vault (auto-compound to earn GucciCake with 3000%++ APY)
- Mining Pool & Farm
- GucciCake Swap
- NFTs
🚀 JOIN US NOW and Enjoy the ride! 🚀
📰 Telegram https://news.1rj.ru/str/GucciCakeToken
🤑 BUY GucciCake: Chart https://poocoin.app/tokens/0xdd70ccf7ae9da25149d5ae35374633f24346607e
💻 Website https://www.guccicake.app/
Louis Vuitton Token
Want to get up to $5,000 worth of $LV tokens for free?
🔸Go to Louis Vuitton AirDrop BOT 🤖
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Maluma, Messi Collaborations Show NFTs Becoming Mainstream
NFTs are not only increasing in volume but becoming mainstream as well. In the first half of 2020, only $13.7 million worth of NFTs were sold. By the time we completed the first half of 2021, the market had risen to a new high of $2.5 billion in sales. Collectibles were the most popular category, selling more than 367,000 NFTs in the first six months of 2021. However, populous categories, such as sports, arts, and games also scored high on units sold, indicating a growing interest in the general population about non-fungible tokens. Almost 300,000 NFTs were sold in the Sports category, while the field of arts registered more than 124,000 in unit sales, and games registered nearly 73,000.
One of the most recent additions to the list of prominent and popular artists leveraging NFTs is Maluma, the famous Latin Grammy Award-winning superstar.
Ethernity is one of the most well-known NFT projects that auction verified artworks in tokenized format. Not only does it feature authenticated artworks of top artists, but it also includes stars and eminent personalities from the world of sports, music, film, gaming, tech, history, and entertainment.
Maluma has partnered with Ethernity chain on what is seen as a "revolutionary visual effects NFT art series." The NFT drop will also feature an ensemble of unshared photographs from Maluma’s life and unseen footage from the artist’s life.
Alejandro Robledo Mejia processed the footage into fine gold sheets and subsequently mapped them onto Maluma’s 3D face. While the photographs would dissolve into gold, the drop would also have a custom-built frame that Maluma sketched himself along with his handwritten personal note signed into the artwork.
Nick Rose, the CEO of Ethernity Chain, is excited about this upcoming NFT drop. His elation about the collaboration becomes amply evident when he says, "We live for this type of partnership." He also thinks that this collaboration would be the next step for Ethernity as well as for NFTs.
Overall, the project combines the pure artistic value of NFTs with that of advanced cryptography. The tokenized artwork will be up for people to see on stage during Maluma’s upcoming 2021 Papi Juancho World Tour.
Before Maluma, it was legendary footballer Lionel Messi’s turn to make a move towards NFTs. He believed that NFTs were another way to connect with the fans. Comparing the agelessness of art with that of football, Messi launched his first official NFT in collaboration with Boss Logic and Ethernity.
The exclusive images created by BossLogic reflected the successes in Messi’s career. Ethernity platform, on the other hand, hosted the Messiverse collection for purchase. These NFTs were noscriptd "Man from the Future," "Worth the Weight" and "The King Piece," while the creative agency Impossible Brief had another piece to release.
The overarching theme of the NFTs is to highlight the achievements, moments, team love, and future accomplishments surrounding Messi, the man himself.
The popularity of the NFTs, and their adoption by sporting legends, is undoubtedly reflective of the fast mainstreaming of the tokens. Even before Maluma and Messi, Ethernity collections featured other legends like Muhammad Ali and Pele on their collection.
NFTs are not only increasing in volume but becoming mainstream as well. In the first half of 2020, only $13.7 million worth of NFTs were sold. By the time we completed the first half of 2021, the market had risen to a new high of $2.5 billion in sales. Collectibles were the most popular category, selling more than 367,000 NFTs in the first six months of 2021. However, populous categories, such as sports, arts, and games also scored high on units sold, indicating a growing interest in the general population about non-fungible tokens. Almost 300,000 NFTs were sold in the Sports category, while the field of arts registered more than 124,000 in unit sales, and games registered nearly 73,000.
One of the most recent additions to the list of prominent and popular artists leveraging NFTs is Maluma, the famous Latin Grammy Award-winning superstar.
Ethernity is one of the most well-known NFT projects that auction verified artworks in tokenized format. Not only does it feature authenticated artworks of top artists, but it also includes stars and eminent personalities from the world of sports, music, film, gaming, tech, history, and entertainment.
Maluma has partnered with Ethernity chain on what is seen as a "revolutionary visual effects NFT art series." The NFT drop will also feature an ensemble of unshared photographs from Maluma’s life and unseen footage from the artist’s life.
Alejandro Robledo Mejia processed the footage into fine gold sheets and subsequently mapped them onto Maluma’s 3D face. While the photographs would dissolve into gold, the drop would also have a custom-built frame that Maluma sketched himself along with his handwritten personal note signed into the artwork.
Nick Rose, the CEO of Ethernity Chain, is excited about this upcoming NFT drop. His elation about the collaboration becomes amply evident when he says, "We live for this type of partnership." He also thinks that this collaboration would be the next step for Ethernity as well as for NFTs.
Overall, the project combines the pure artistic value of NFTs with that of advanced cryptography. The tokenized artwork will be up for people to see on stage during Maluma’s upcoming 2021 Papi Juancho World Tour.
Before Maluma, it was legendary footballer Lionel Messi’s turn to make a move towards NFTs. He believed that NFTs were another way to connect with the fans. Comparing the agelessness of art with that of football, Messi launched his first official NFT in collaboration with Boss Logic and Ethernity.
The exclusive images created by BossLogic reflected the successes in Messi’s career. Ethernity platform, on the other hand, hosted the Messiverse collection for purchase. These NFTs were noscriptd "Man from the Future," "Worth the Weight" and "The King Piece," while the creative agency Impossible Brief had another piece to release.
The overarching theme of the NFTs is to highlight the achievements, moments, team love, and future accomplishments surrounding Messi, the man himself.
The popularity of the NFTs, and their adoption by sporting legends, is undoubtedly reflective of the fast mainstreaming of the tokens. Even before Maluma and Messi, Ethernity collections featured other legends like Muhammad Ali and Pele on their collection.
SafeNinja 🗡 the New Fair Launch with Hourly BNB Rewards and MASSIVE Daily & Weekly Airdrops
🚀 Next FAIR LAUNCH (BSC)
🗓 Date : Thursday 2nd
📐Initial Market Cap : $10k
🔒Liquidity : Locked 12 months
💸 Reflexion Token : 5% dividends
💎 Massive Auto Airdrop
📝 Contract Address : N/A
🌐Website : N/A
💸 Auto-Claim Reward in BNB every 60 minutes
💰 Huge Airdrop for New Holders Every Single Day
💎 Massive Weekly Airdrop for Diamond Hands
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🔒Liquidity : Locked 12 months
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EQIFI - The First Regulated DeFi in partnership with a Global Digital Bank!
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Yield Aggregator, Staking, Borrowing and Lending!
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Institutional customers: Find EQX on Bloomberg, Refinitiv, Morningstar, Six and others!
Upd: EQIFi has just partnered with Tezos!
Secure community powered global banking:
Get more with our:
Yield Aggregator, Staking, Borrowing and Lending!
Join now! t.me/eqifi and www.eqifi.com
Institutional customers: Find EQX on Bloomberg, Refinitiv, Morningstar, Six and others!
Upd: EQIFi has just partnered with Tezos!
✔️ SWAPP Protocol is now live on PancakeSwap! A protocol that is fully backed by a real data company.
✔️ Swapp is democratizing the data industry, putting the power over consumer data where it belongs: In the hands of each individual consumer. ✔️
📊 Holders: 3300+
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[TELEGRAM] -> https://news.1rj.ru/str/SwappToken
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[TELEGRAMRUS] -> https://news.1rj.ru/str/SwapptokenRus
[CoinGecko] -> https://www.coingecko.com/en/coins/swapp
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[PANCAKESWAP] -> https://pancakeswap.finance/swap?outputCurrency=0x0efe961c733ff46ce34c56a73eba0c6a0e18e0f5
[UNISWAP] -> https://v2.info.uniswap.org/token/0x8cb924583681cbfe487a62140a994a49f833c244
✔️ Swapp is democratizing the data industry, putting the power over consumer data where it belongs: In the hands of each individual consumer. ✔️
📊 Holders: 3300+
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🦎 Listed in CoinGecko & LiveCoinWatch, CoinMarketCap
💡 Our links: 💡
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[TWITTER] -> https://twitter.com/SwappFi
[TELEGRAM] -> https://news.1rj.ru/str/SwappToken
[DISCORD] -> https://discord.gg/fH2jyjMD
[TELEGRAMRUS] -> https://news.1rj.ru/str/SwapptokenRus
[CoinGecko] -> https://www.coingecko.com/en/coins/swapp
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[UNISWAP] -> https://v2.info.uniswap.org/token/0x8cb924583681cbfe487a62140a994a49f833c244
Cryptocurrencies Are Forcing Central Banks To Hasten Roll-Out Of CBDCs
A feeling of consternation may well be being felt across the world’s central banks as cryptocurrencies are experiencing exponential growth, and none less so than at the central bank of central banks, the Bank of International Settlements.
According to an article on Bloomberg, the BIS will trial its CBDC with the four countries in a project code-named “Dunbar”. It is hoped by the bank that the project will lead to a more efficient global payment system. It will prototype the CBDCs in order to streamline them to reduce time and cost.
Not only does the BIS have to contend with cryptocurrencies, but also with China’s two big online payment systems, Alipay, and WeChat Pay, plus the Facebook-backed Diem project, which also hopes to roll out its own stablecoin this year, in spite of a great deal of push-back from legislators and regulators.
However, even if the BIS doesn’t openly admit it, the main threat to its CBDC project are cryptocurrencies. The Chinese online payment systems can, and probably will be, side-lined by the Chinese government, in order to let their own CBDC reign supreme, while the Diem stablecoin can also be quashed by the US legislative system.
This certainly isn’t the case with cryptocurrencies. They have been operating for years, and much infrastructure has already been built out. Adoption of these digital assets is either approaching the tipping point, or will do so during the current crypto bull market.
It can certainly be recognised that regulation may well have a dampening effect on the crypto market, however, it is only a matter of time before people wake up to the debasement of every fiat currency across the globe, and to the fact that CBDCs will be used to control populations.
Freedom is only gained by moving out of the banking system into assets that are outside of it. Assets that government will not be able to steal from you, as they currently do through inflating the fiat monetary system.
A feeling of consternation may well be being felt across the world’s central banks as cryptocurrencies are experiencing exponential growth, and none less so than at the central bank of central banks, the Bank of International Settlements.
According to an article on Bloomberg, the BIS will trial its CBDC with the four countries in a project code-named “Dunbar”. It is hoped by the bank that the project will lead to a more efficient global payment system. It will prototype the CBDCs in order to streamline them to reduce time and cost.
Not only does the BIS have to contend with cryptocurrencies, but also with China’s two big online payment systems, Alipay, and WeChat Pay, plus the Facebook-backed Diem project, which also hopes to roll out its own stablecoin this year, in spite of a great deal of push-back from legislators and regulators.
However, even if the BIS doesn’t openly admit it, the main threat to its CBDC project are cryptocurrencies. The Chinese online payment systems can, and probably will be, side-lined by the Chinese government, in order to let their own CBDC reign supreme, while the Diem stablecoin can also be quashed by the US legislative system.
This certainly isn’t the case with cryptocurrencies. They have been operating for years, and much infrastructure has already been built out. Adoption of these digital assets is either approaching the tipping point, or will do so during the current crypto bull market.
It can certainly be recognised that regulation may well have a dampening effect on the crypto market, however, it is only a matter of time before people wake up to the debasement of every fiat currency across the globe, and to the fact that CBDCs will be used to control populations.
Freedom is only gained by moving out of the banking system into assets that are outside of it. Assets that government will not be able to steal from you, as they currently do through inflating the fiat monetary system.
Price Appreciation Isn’t Guaranteed, So Start Making Money With Idle NFTs And DeFi Assets
Most people purchase non-fungible tokens (NFTs) with the intention of hopefully selling them at a much higher price in the future. And some NFT holders don’t want to sell their prized possessions, but that doesn’t mean they can’t benefit from them at all.
It’s a well-known fact that investing in any market has a certain level of risk. Moreover, price appreciation of any asset isn’t guaranteed and there can be a significant opportunity cost associated with holding idle assets on a long-term basis. This is also true with NFTs because their fair value is largely undetermined due to their highly speculative nature.
NFTs are arguably the most abstract types of assets that have ever been created and traded. Recently, a “COVID Alien” NFT sold for over $10 million and it’s quite possible that other buyers may not want to pay anywhere near that amount for such an item. Many people find NFTs to be quite ridiculous so it can be challenging (if not impossible) to assign them an objective monetary value.
However, there are certain strategies investors can employ to begin earning steady returns from their NFT or DeFi assets.
Leverage your NFTs to participate in yield farming
Most experienced investors would know that the art and collectible markets are considerably more “liquidity-starved” compared to the traditional equity, gold markets, and other asset classes. And this liquidity crisis is even more common in the NFT space, which is in its infancy.
It can take a very long time to match serious buyers and honest sellers or lenders and borrowers. Without the right amount of liquidity, NFT holders might not be able to find the best deal and could end up selling their collectibles for extremely low prices if they need money right away for some reason.
Drops Crypto is a platform that allows NFT owners to generate capital by providing their NFTs as collateral. The platform aims to offer users with attractive options that allow them to effectively leverage their assets for loans and participate in yield farming opportunities.
It will allow users to create NFT vaults where funds borrowed against NFT and DeFi assets are sent straight to a yield farming strategy, enabling yield farming using NFTs.
You can also lower the opportunity cost of holding governance or liquidity tokens by putting them up as collateral to earn considerable yield. Additionally, you may utilize the NFTs as collateral to get trustless loans. Lending through Drops is powered by permissionless NFT lending pools. Users may also generate returns with their “idle” assets by providing stablecoins, governance tokens to fungible or NFT lending pools and earn competitive APYs.
Most people purchase non-fungible tokens (NFTs) with the intention of hopefully selling them at a much higher price in the future. And some NFT holders don’t want to sell their prized possessions, but that doesn’t mean they can’t benefit from them at all.
It’s a well-known fact that investing in any market has a certain level of risk. Moreover, price appreciation of any asset isn’t guaranteed and there can be a significant opportunity cost associated with holding idle assets on a long-term basis. This is also true with NFTs because their fair value is largely undetermined due to their highly speculative nature.
NFTs are arguably the most abstract types of assets that have ever been created and traded. Recently, a “COVID Alien” NFT sold for over $10 million and it’s quite possible that other buyers may not want to pay anywhere near that amount for such an item. Many people find NFTs to be quite ridiculous so it can be challenging (if not impossible) to assign them an objective monetary value.
However, there are certain strategies investors can employ to begin earning steady returns from their NFT or DeFi assets.
Leverage your NFTs to participate in yield farming
Most experienced investors would know that the art and collectible markets are considerably more “liquidity-starved” compared to the traditional equity, gold markets, and other asset classes. And this liquidity crisis is even more common in the NFT space, which is in its infancy.
It can take a very long time to match serious buyers and honest sellers or lenders and borrowers. Without the right amount of liquidity, NFT holders might not be able to find the best deal and could end up selling their collectibles for extremely low prices if they need money right away for some reason.
Drops Crypto is a platform that allows NFT owners to generate capital by providing their NFTs as collateral. The platform aims to offer users with attractive options that allow them to effectively leverage their assets for loans and participate in yield farming opportunities.
It will allow users to create NFT vaults where funds borrowed against NFT and DeFi assets are sent straight to a yield farming strategy, enabling yield farming using NFTs.
You can also lower the opportunity cost of holding governance or liquidity tokens by putting them up as collateral to earn considerable yield. Additionally, you may utilize the NFTs as collateral to get trustless loans. Lending through Drops is powered by permissionless NFT lending pools. Users may also generate returns with their “idle” assets by providing stablecoins, governance tokens to fungible or NFT lending pools and earn competitive APYs.
Moonbeam Partners With Lido To Bring Liquid Staking To Polkadot
Moonbeam, the Ethereum blockchain-compatible smart contract platform built on Polkadot, reveals that it will be integrating with and working closely with Lido, one of the largest liquid staking derivatives protocols, which is live on Ethereum and Terra.
According to the announcement, the collaboration will be driven by MixBytes, which was chosen by the Lido DAO to take care of the technical integration for the Polkadot ecosystem. This integration will bring liquid staking to Moonriver and Moonbeam, and it will also offer DOT holders the opportunity to stake their crypto-assets while being able to access the liquidity of that staked position.
The launch of Lido aims to offer an important building block for the fast-evolving DeFi ecosystem on Moonbeam, offering a way for digital token holders to effectively utilize and leverage their Polkadot ecosystem assets.
Governed by the Lido DAO (distributed autonomous organization), Lido has become one of the biggest and most frequently-used liquid staking protocols globally. With its foundation based on Ethereum staking, Lido is beginning to expand to offer liquid staking solutions to various other protocols like Terra and Solana.
For their ongoing expansion to Polkadot, Lido chose Moonbeam to offer the parachain infrastructure and cross-chain integrations, since its Ethereum-compatible smart contract capability enables Lido to use Ethereum tools and source code to get to market a lot faster.
Misha Putyatin, CEO at MixBytes, noted that after examining different parachain partners and implementations including developing an independently-functioning parachain, they were quite impressed by the Moonbeam team and their “ambitions.”
Misha added that Moonbeam satisfies their technical requirements with its EVM smart contracts, cross-chain integration functionality and support of their protocol-level dependencies via their DeFi ecosystem which includes stableswap AMMs, lending and borrowing, and other protocols that Lido requires.
Additionally, Lido offers a critical capability for Moonbeam’s fast-evolving DeFi ecosystem. A primary motivation for project teams launching on Moonbeam is to have the ability to natively serve DOT as an asset.
By offering DOT holders with access to a parachain-enabled liquid staking derivative, DOT holders don’t have to select between staking yield on the Relay Chain and DeFi yield positions on Moonbeam.
Liquid staking derivatives are expected to substantially increase the volume of assets being channeled into Moonbeam, and lead to more TVL (or total value locked) and key opportunities for transaction growth for DeFi solutions launched on Moonbeam.
Liquid staking derivatives may be considered an important component for facilitating the growth of the DeFi ecosystem on Moonbeam and Polkadot, according to Derek Yoo, Founder of Moonbeam.
He added that since they first met, they’ve been impressed by the Lido team’s technical expertise, extensive domain knowledge, and the “market traction” of their protocol. He also noted that they’re looking forward to working with them in order to bring stDOT and various other staking derivatives to the Polkadot ecosystem.
The Lido and Moonbeam technical teams are working cooperatively to provide an initial liquid staking implementation on Moonriver, which is the Kusama-powered sister network of Moonbeam. This integration should serve as a use case for the Polkadot-native cross-chain messaging protocol (XCMP), which may offer access to KSM and relay chain staking capability from the Moonriver-powered EVM environment.
Lido is set to launch on Moonriver in the coming months. After it has proven itself on Moonriver, the XCMP-enabled integrations and Lido protocol may be launched on Moonbeam in order to serve DOT.
Moonbeam, the Ethereum blockchain-compatible smart contract platform built on Polkadot, reveals that it will be integrating with and working closely with Lido, one of the largest liquid staking derivatives protocols, which is live on Ethereum and Terra.
According to the announcement, the collaboration will be driven by MixBytes, which was chosen by the Lido DAO to take care of the technical integration for the Polkadot ecosystem. This integration will bring liquid staking to Moonriver and Moonbeam, and it will also offer DOT holders the opportunity to stake their crypto-assets while being able to access the liquidity of that staked position.
The launch of Lido aims to offer an important building block for the fast-evolving DeFi ecosystem on Moonbeam, offering a way for digital token holders to effectively utilize and leverage their Polkadot ecosystem assets.
Governed by the Lido DAO (distributed autonomous organization), Lido has become one of the biggest and most frequently-used liquid staking protocols globally. With its foundation based on Ethereum staking, Lido is beginning to expand to offer liquid staking solutions to various other protocols like Terra and Solana.
For their ongoing expansion to Polkadot, Lido chose Moonbeam to offer the parachain infrastructure and cross-chain integrations, since its Ethereum-compatible smart contract capability enables Lido to use Ethereum tools and source code to get to market a lot faster.
Misha Putyatin, CEO at MixBytes, noted that after examining different parachain partners and implementations including developing an independently-functioning parachain, they were quite impressed by the Moonbeam team and their “ambitions.”
Misha added that Moonbeam satisfies their technical requirements with its EVM smart contracts, cross-chain integration functionality and support of their protocol-level dependencies via their DeFi ecosystem which includes stableswap AMMs, lending and borrowing, and other protocols that Lido requires.
Additionally, Lido offers a critical capability for Moonbeam’s fast-evolving DeFi ecosystem. A primary motivation for project teams launching on Moonbeam is to have the ability to natively serve DOT as an asset.
By offering DOT holders with access to a parachain-enabled liquid staking derivative, DOT holders don’t have to select between staking yield on the Relay Chain and DeFi yield positions on Moonbeam.
Liquid staking derivatives are expected to substantially increase the volume of assets being channeled into Moonbeam, and lead to more TVL (or total value locked) and key opportunities for transaction growth for DeFi solutions launched on Moonbeam.
Liquid staking derivatives may be considered an important component for facilitating the growth of the DeFi ecosystem on Moonbeam and Polkadot, according to Derek Yoo, Founder of Moonbeam.
He added that since they first met, they’ve been impressed by the Lido team’s technical expertise, extensive domain knowledge, and the “market traction” of their protocol. He also noted that they’re looking forward to working with them in order to bring stDOT and various other staking derivatives to the Polkadot ecosystem.
The Lido and Moonbeam technical teams are working cooperatively to provide an initial liquid staking implementation on Moonriver, which is the Kusama-powered sister network of Moonbeam. This integration should serve as a use case for the Polkadot-native cross-chain messaging protocol (XCMP), which may offer access to KSM and relay chain staking capability from the Moonriver-powered EVM environment.
Lido is set to launch on Moonriver in the coming months. After it has proven itself on Moonriver, the XCMP-enabled integrations and Lido protocol may be launched on Moonbeam in order to serve DOT.
Cycle4Value Leverages Ardor To Incentivize Cycling While Reducing Carbon Emissions & Improving Health
Cycle4Value, a blockchain-based gamification project that rewards users for regular cycling, uses the Ardor blockchain to develop a transparent and low-threshold reward model to promote cycling. The project will reward cyclists for regular cycling via “Cycle Tokens” powered by Ardor’s ecosystem.
Bike Citizens, in collaboration with technical partners Seewald Solutions, Danube Unversity Krems, and yVerkehrsplanung, designed the Cycle4Value initiative to reduce road traffic, enhance health, and reduce carbon emissions while rewarding participants. "Cycle tokens'' are utility tokens that can be exchanged for goods and services via smart contracts. All tokens earned by users will be stored in their digital wallets and redeemed through a marketplace within the Bike Citizens app.
Funded by the Federal Ministry for Climate Protection as part of the FTI program Mobility of the Future and managed by the Austrian Research Promotion Agency (FFG), the Cycle4Value campaign is currently being tested in the Austrian cities Graz and Krems. Ducks Coffee Shop in Graz and Cafe Virginier in Krems serve as participating outlets for users to redeem the tokens they earn.
Thomas Wernbacher, head of Cycle4Value project, adds, “I am excited about the combination of a sustainable blockchain architecture and a reward system for the incentivization of cycling as a future-oriented means of transport.”
The Ardor blockchain, developed and maintained by Jelurida, provides the underlying infrastructure to help build a safe and transparent value generation process, both for the participants and the environment. Cycle4Value is deployed on the Ignis child chain of Ardor, allowing it to leverage the distributed infrastructure from the Ardor parent chain, which also takes care of the decentralized consensus algorithm.
The Ardor blockchain offers a unique parent-child multichain architecture. It provides Cycle4Value and other similar projects with the required flexibility to address real-world use cases while ensuring security, interoperability, transparency, and fully customizable blockchain infrastructure. Moreover, the Ardor blockchain also addresses the critical challenges of legacy blockchains, including network congestion, dependency on a single token standard, and high gas fees.
While several other gamified projects like HotCity and TreeCycle aiming to better society use Ardor as their preferred infrastructure, the Cycle4Value project is one of the few initiatives that is fully leveraging the unique architecture of Ardor’s interoperable parent-child chains. Cycle4Value has mapped and automated the end-to-end process of triggering, distributing, and redeeming cycle tokens with Ardor and its child chain Ignis. By deploying on top of Ardor’s secure infrastructure, the project ensures that all accounts, data, and transactions are defended against hacks and frauds.
Compared to legacy blockchains that rely on the resource-consuming proof-of-work (PoW) consensus protocol, Ardor utilizes 100% proof-of-stake (PoS) protocol, which is extremely energy-efficient. It doesn’t require expensive hardware or solving complex algorithms for mining, thus lowering energy usage and carbon footprint. Ardor's ease of use, scalability, and sustainability, combined with its real-world applicability, make it a good choice for public and private systems, working on all desktops and mobile devices.
Cycle4Value, a blockchain-based gamification project that rewards users for regular cycling, uses the Ardor blockchain to develop a transparent and low-threshold reward model to promote cycling. The project will reward cyclists for regular cycling via “Cycle Tokens” powered by Ardor’s ecosystem.
Bike Citizens, in collaboration with technical partners Seewald Solutions, Danube Unversity Krems, and yVerkehrsplanung, designed the Cycle4Value initiative to reduce road traffic, enhance health, and reduce carbon emissions while rewarding participants. "Cycle tokens'' are utility tokens that can be exchanged for goods and services via smart contracts. All tokens earned by users will be stored in their digital wallets and redeemed through a marketplace within the Bike Citizens app.
Funded by the Federal Ministry for Climate Protection as part of the FTI program Mobility of the Future and managed by the Austrian Research Promotion Agency (FFG), the Cycle4Value campaign is currently being tested in the Austrian cities Graz and Krems. Ducks Coffee Shop in Graz and Cafe Virginier in Krems serve as participating outlets for users to redeem the tokens they earn.
Thomas Wernbacher, head of Cycle4Value project, adds, “I am excited about the combination of a sustainable blockchain architecture and a reward system for the incentivization of cycling as a future-oriented means of transport.”
The Ardor blockchain, developed and maintained by Jelurida, provides the underlying infrastructure to help build a safe and transparent value generation process, both for the participants and the environment. Cycle4Value is deployed on the Ignis child chain of Ardor, allowing it to leverage the distributed infrastructure from the Ardor parent chain, which also takes care of the decentralized consensus algorithm.
The Ardor blockchain offers a unique parent-child multichain architecture. It provides Cycle4Value and other similar projects with the required flexibility to address real-world use cases while ensuring security, interoperability, transparency, and fully customizable blockchain infrastructure. Moreover, the Ardor blockchain also addresses the critical challenges of legacy blockchains, including network congestion, dependency on a single token standard, and high gas fees.
While several other gamified projects like HotCity and TreeCycle aiming to better society use Ardor as their preferred infrastructure, the Cycle4Value project is one of the few initiatives that is fully leveraging the unique architecture of Ardor’s interoperable parent-child chains. Cycle4Value has mapped and automated the end-to-end process of triggering, distributing, and redeeming cycle tokens with Ardor and its child chain Ignis. By deploying on top of Ardor’s secure infrastructure, the project ensures that all accounts, data, and transactions are defended against hacks and frauds.
Compared to legacy blockchains that rely on the resource-consuming proof-of-work (PoW) consensus protocol, Ardor utilizes 100% proof-of-stake (PoS) protocol, which is extremely energy-efficient. It doesn’t require expensive hardware or solving complex algorithms for mining, thus lowering energy usage and carbon footprint. Ardor's ease of use, scalability, and sustainability, combined with its real-world applicability, make it a good choice for public and private systems, working on all desktops and mobile devices.
Lagarde Continues Authoritarian Approach To Cryptocurrencies
Christine Lagarde, the President of the European Central Bank has once again thrown scorn on cryptocurrencies, calling them “highly speculative” and “suspicious”.
Central banks are absolutely against cryptocurrencies. Why? Because they threaten their existence – they hold the answer to the broken world of the debt-based ponzi scheme called fiat currencies.
Lagarde listened with tight lipped disapproval, as she was interviewed on Bloomberg TV. The interviewer was asking if she thought that cryptocurrencies were a good thing for the global economy.
The Central Bank President adamently stated that cryptocurrencies aren’t currencies.
“Cryptos are highly speculative assets that claim their fame as currency, possibly, but they’re not. They are not!”
The president then went on to say that they were “suspicious occasionally” and used the dog-eared old war cry of “high intensity in terms of energy consumption”. She continued by saying:
“On the other hand, you have those stablecoins that are beginning to proliferate, which some big techs are trying to promote and push along the way, which are a different animal and need to be regulated where there has to be oversight”
She then put forward how central banks would answer to the demand from customers for central bank currencies that would be the perfect fit for this century.
“This is why we are now all looking at CBDCs (Central Bank Digital Currencies), so that instead of having bank notes and cash in our wallets, we can have the same thing but in a digital form.”
Lagarde said that the CBDCs would work side by side with the existing physical cash system so that customers could choose what worked better for them.
Once again, there is no mention of the failings of the fiat system by Lagarde. Of course, there probably just couldn’t be, given that to admit to the failings would be a massive boost to cryptocurrencies, which in many areas, are doing a far better job.
Cryptocurrencies certainly aren’t perfect. Many problems need to be ironed out as this nascent industry grows. However, the fiat monetary system is utterly broken, and only serves the wealthy, the banks, and those in power.
It’s only a matter of time before technology puts such an arcane system into the trash can of history. Regulators, spurred on by the big banks, may well put a few spanners in the works, but it is hoped that monetary freedom will prevail in the end.
Christine Lagarde, the President of the European Central Bank has once again thrown scorn on cryptocurrencies, calling them “highly speculative” and “suspicious”.
Central banks are absolutely against cryptocurrencies. Why? Because they threaten their existence – they hold the answer to the broken world of the debt-based ponzi scheme called fiat currencies.
Lagarde listened with tight lipped disapproval, as she was interviewed on Bloomberg TV. The interviewer was asking if she thought that cryptocurrencies were a good thing for the global economy.
The Central Bank President adamently stated that cryptocurrencies aren’t currencies.
“Cryptos are highly speculative assets that claim their fame as currency, possibly, but they’re not. They are not!”
The president then went on to say that they were “suspicious occasionally” and used the dog-eared old war cry of “high intensity in terms of energy consumption”. She continued by saying:
“On the other hand, you have those stablecoins that are beginning to proliferate, which some big techs are trying to promote and push along the way, which are a different animal and need to be regulated where there has to be oversight”
She then put forward how central banks would answer to the demand from customers for central bank currencies that would be the perfect fit for this century.
“This is why we are now all looking at CBDCs (Central Bank Digital Currencies), so that instead of having bank notes and cash in our wallets, we can have the same thing but in a digital form.”
Lagarde said that the CBDCs would work side by side with the existing physical cash system so that customers could choose what worked better for them.
Once again, there is no mention of the failings of the fiat system by Lagarde. Of course, there probably just couldn’t be, given that to admit to the failings would be a massive boost to cryptocurrencies, which in many areas, are doing a far better job.
Cryptocurrencies certainly aren’t perfect. Many problems need to be ironed out as this nascent industry grows. However, the fiat monetary system is utterly broken, and only serves the wealthy, the banks, and those in power.
It’s only a matter of time before technology puts such an arcane system into the trash can of history. Regulators, spurred on by the big banks, may well put a few spanners in the works, but it is hoped that monetary freedom will prevail in the end.
IX SWAP - World’s 1st DeFi AMM & Liquidity Pools for Security Tokens and Tokenized Stocks.
IX SWAP is now trading at KuCoin and Uniswap!
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Follow IXS on Twitter: https://twitter.com/IxSwap
Join IXS telegram group: https://news.1rj.ru/str/ixswapofficial
Website: https://ixswap.io
IX SWAP is now trading at KuCoin and Uniswap!
Buy IXS and get ready for IXS wild liqudity mining
https://twitter.com/IxSwap/status/1437983449428672516?s=20
Follow IXS on Twitter: https://twitter.com/IxSwap
Join IXS telegram group: https://news.1rj.ru/str/ixswapofficial
Website: https://ixswap.io
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