BTCUSD: $25k is inevitable?Lawmakers in the European Parliament have approved the world’s first comprehensive package of rules aimed at regulating the cryptocurrency industry. A step ahead of the U.S.
The demise of terraUSD caused a chain reaction in the industry, with various other firms, including Three Arrows Capital, BlockFi and Voyager Digital going bust as well. FTX, formerly the fourth-largest crypto exchange, filed for bankruptcy in November in the most high-profile crypto industry failure to date. The move puts the EU a step ahead of the U.S. and U.K., which are yet to bring in formal rules for the crypto space.
I see two ways price can go from here. Both through FWB:25K stop. Let's see how this plays out.
Sequentialvsion
LRCX: Red Countdown 13 is comingLam Research Corporation is an American supplier of wafer fabrication equipment and related services to the semiconductor industry. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices and their wiring.
"This has been a brutal memory cycle, low spending in memory could get lower, record foundry will probably slow, and the surge in trailing edge China foundry creates some risks," Morgan Stanley analyst Joseph Moore wrote in an investor note.
FRC: Buy 9 Green SetupOne of the most plugged-in high financiers thinks troubled regional bank First Republic Bank will need more than a few bucks from stronger rivals to stay afloat and prevent the return of the banking turmoil that dominated March's headlines.
“I think First Republic Bank is clearly on a watchlist, and probably somebody at some point will buy it. But the challenge there is that it needs government assistance,” The Carlyle Group co-founder David Rubenstein said in a lengthy chat on Yahoo Finance Live.
Rubenstein believes First Republic Bank’s finances are in such rough shape the government will have no choice but to step in.
JPM: No CrisisRecord first-quarter revenue on Friday that topped analysts’ expectations as net interest income surged almost 50% from a year ago on higher rates.
Here’s what the company reported:
Adjusted earnings: $4.32 per share vs. $3.41 per share Refinitiv estimate
Revenue: $39.34 billion, vs. $36.19 billion
The bank said profit jumped 52% to $12.62 billion, or $4.10 per share, in the first three months of the year. That figure includes HKEX:868 million in losses on securities; excluding those losses lifts earnings by 22 cents per share, resulting in adjusted profit of $4.32 per share.
Companywide revenue rose 25% to $39.34 billion, driven by a 49% rise in net interest income to $20.8 billion, thanks to the Federal Reserve’s most aggressive rate-hiking campaign in decades. That topped analysts’ expectations for interest income by more than a billion dollars.
The bank also boosted a key piece of guidance that bodes well for the near future: Net interest income will be about HKEX:81 billion this year, about HKEX:7 billion more than their previous forecast of $74 billion, CFO Jeremy Barnum said Friday.
The change was mostly driven by expectations that JPMorgan will have to pay less to depositors later this year if the Fed cuts rates, he said.
Shares of the bank rose 7.5%. That is its biggest upside move on an earnings report in more than 20 years, according to Bespoke Investment Group.
“The U.S. economy continues to be on generally healthy footings — consumers are still spending and have strong balance sheets, and businesses are in good shape,” CEO Jamie Dimon said in a release.
“However, the storm clouds that we have been monitoring for the past year remain on the horizon, and the banking industry turmoil adds to these risks,” he said, adding that the industry could rein in lending as banks become more conservative ahead of a possible downturn.
Money in, money out
JPMorgan, the biggest U.S. bank by assets, is watched closely for clues on how the industry fared after the collapse of two regional lenders last month. Analysts had expected JPMorgan to benefit from an influx of deposits after Silicon Valley Bank and Signature Bank experienced fatal bank runs.
Indeed, JPMorgan saw “significant new account opening activity” and deposit inflows in its commercial bank, Barnum said.
The money flows implied “an intra-quarter reversal of the recent outflow trend as a consequence of the March events,” Barnum said. “We estimate that we have retained approximately HKEX:50 billion of these deposit inflows at quarter-end.”
PLEXUSDT: breaking resistanceMarkets Insider published few days ago a dilettante comparison of 3 cryptocurrency projects to watch for. The #1 (in their opinion) is MinePlex $PLEX which is imo false. But, still a good reason to publish idea.
"MinePlex is a new generation mobile crypto bank with its own blockchain and liquid token. The creator of his own CrossFi technology, which combines the stability and liquidity of traditional financial instruments with the security and transparency of blockchain technology.
The MinePlex blockchain is based on 2 tokens. The MINE token - non-volatile with a fixed value-gives access to the system's services. The PLEX token has a predictable price increase due to a mathematical algorithm. PLEX acts as a payment instrument and as an asset. Features of token pricing allows you to solve one of the main problems of the crypto industry - currency volatility. Additionally, it creates an opportunity for users to receive 20% per month by sending MINE tokens in a staking. Rewards are awarded in PLEX tokens, which can be converted to USDT and the MINE token or sent to the exchange.
The decentralized MinePlex system is built on the multi-stage architecture of the Tezos blockchain, which allows you to make changes and update the system without performing hard forks. The Liquid Proof-of-Stake (LPoS) algorithm implies ownership of MINE tokens. Unlike Delegated Proof-of-Stake (DPoS), the address itself is delegated, not the tokens. Thus, users always have access to their tokens and can use them at any time or change the delegate (Plexus Pool).
The MinePlex team consists of more than 50 people who are experts in various spheres of the financial and crypto industry and create the company's products, develop processing solutions, and promote the project.
Vladislav Babitsky, CTO of MinePlex, senior level developer has been working in the IT field since 2010. He has successfully implemented more than 50 projects, including in the areas of ecomers, fintech, blockchain, medicine, computer vision and gps monitoring. Participated in the development of government projects for Russia, Belarus, the United States, China, certain regions of Europe and the United Arab Emirates.
Alexander Mamasidikov, CMO of MinePlex, expert in the field of crypto and digital marketing. He has been developing and implementing PR strategies for more than 13 years. Since 2015, he has been working in global fintech and blockchain projects. Included in the TOP 20 blockchain entrepreneurs according to Publish0x. Founder and Director of the IEO Agency." (from cmc)
Verasity - VRA - a video player that enables VRA rewardsVerasity is a Protocol and Product Layer Platform for Esports and Video Entertainment that enables VRA rewards, monetization, and loyalty schemes within the video player wallet. Its technology is reportedly available to 280,000 video publishers with 240 million users and 50 billion monthly views. This brings engagement, audiences, and revenues back to video publisher sites from giants like Google. Attention-based model creates a thriving VRA token economy between viewers, video publishers, and advertisers. With its innovative Proof of View system, advertisers are able to guarantee their video ads are seen and not ignored thanks to smart contracts on the Ethereum chain, while viewers are able to earn VRA simply by watching the content they already consume. Video gaming content is monetized by Verasity Ad Stack. VRA Rewards Product Layer is integrated for the following video players: Youtube, Twitch, Vimeo, JWPlayer, Brightcove, Videojs, Kaltura and Flowplayer.
How is this different from the shitillion of "earn sub cents for watching crapy content" websites, without some "crypto" as currency? IDK, SRSLY
TONBTC: mean gravity come into playWhat Is Toncoin (TON)?
Toncoin (TON) is a decentralized layer-1 blockchain developed in 2018 by the encrypted messaging platform Telegram. The project was then abandoned, taken over by the TON Foundation, and renamed from "Telegram Open Network" to "The Open Network".
Since 2020, the technology has been developing thanks to a non-commercial group of supporters and an independent community of enthusiasts who called themselves the TON Foundation. Toncoin, formerly known as Gram, is the native cryptocurrency of the TON network.
The original idea was to integrate TON into an easy-to-use application that allows users to buy/send/store funds. Clients pay transaction fees and use TON to settle payments or validate transactions. Toncoin utilizes the proof-of-stake (PoS) consensus model for network scalability and reliability. According to the project website, the platform provides its customers with fast, transparent and secure payment services, facilitating transactions with minimal fees and third-party applications.
The developers’ mission is to build a full-fledged ecosystem with decentralized storage, decentralized services, a domain name system (DNS equivalent), an anonymous network, an instant payment platform, and affordable/fast transaction processing.
The Open Network is a community-driven blockchain with a flexible architecture and focus on serving a typical consumer. TON stands out due to the fast processing/validation of transactions per second (TPS). In September 2021, the network processed a then-world record of 55,000 TPS during a contest, although the current TPS could be in the hundreds of thousands or even millions. This feature allows the project to grow rapidly while avoiding performance losses. At the same time, the project does not harm the environment.
Who Founded Toncoin?
Originally, the blockchain platform was created by brothers Nikolai and Pavel Durov, and developed by the Telegram team. Telegram planned to launch an on-chain token called Gram and establish a platform for decentralized applications (dApps).
Gram was getting a lot of attention, which started to cause trouble. Its development was prohibited by the US Securities and Exchange Commission (SEC). Gram was considered securities, and the SEC banned the release of Gram tokens.
The Telegram team brought TON to the state of an almost full-fledged product. However, in 2020, Telegram CEO, Pavel Durov, left the project, and the development was handed over to independent crypto enthusiasts.
From the very beginning, the project was created as an open-source code so anyone could continue the development. The current network was launched and developed by Anatoliy Makosov and Kirill Emelianenko, members of the community called NewTON (later the TON Foundation).
What Makes Toncoin Unique?
TON has a multi-level structure built on the principle of sharding or segmentation ("blockchain within a blockchain"). A sharding feature involves the use of multiple subnets (shards) on the same blockchain, where each shard has a specific purpose. It allows the net to avoid the accumulation of unverified blocks and speeds up tasks. The TON network consists of the master, work and shard chains.
The developers focus on scalability, efficiency and mass adoption. Due to the well-established interaction between segments, the network provides ultra-fast transactions, verifying and processing a massive amount of TPS.
The TON network offers the following services: TON Wallets, a built-in wallet function designed to transfer funds and interact with platform services and offers two categories of wallets: custodial and non-custodial; TON Services allows developers to create various dApps while users can access third-party apps through a user-friendly interface; TON Storage offers the benefits of private encryption using the private key of the owner's wallet; TON Proxy uses all platform components and allows clients to access the TON blockchain via decentralized VPNs; TON DNS (decentralized name system) makes it possible for traditional websites to work in the TON network, allowing users to set short, readable names.
How Many Toncoin (TON) Coins Are There in Circulation?
The TON network has its native token, Toncoin, with a circulating supply of 1.22B TON and a maximum supply of 5B TON.
Toncoin was designed to fuel the ecosystem. It can be used to build decentralized applications (dApps), act as a transaction processing fee, as a cross-chain transaction fee, and as a staking payment to secure the blockchain and services. The list of use cases also includes payment for decentralized data storage, TON DNS/TON Proxy, and other fees within decentralized services. Validator fees are also paid in TON. In addition, people can vote with TON for changes and development within TON's governance program.
How Is the Toncoin (TON) Network Secured?
The network utilizes the proof-of-stake (PoS) consensus mechanism to validate transactions. Moreover, Toncoin is used to reward validators. Nominators can also provide tokens to validators and receive rewards. Validators and nominators are managed with smart contracts, providing the network with extra protection. Smart contracts are executed using TON Virtual Machine (TVM).
source : cmc
BTCUSD: Time/Price analysis 2.0The previous version time-proven and is a history, so here is another prediction based on that
✅ 25 Nov 13 - Delusion/Denial
✅ 19 Jan 15 - Despair
✅ 16 May 16 - Return to the mean
✅ 11 Dec 17 - Delusion/Denial
✅ 26 Nov 18 - Despair
✅ 1 Jan 20 - Return to the mean
✅ 19 Apr 21 - Delusion/Denial
Jun 22 - Despair
Oct 23 - Return to the mean
May 25 - Delusion/Denial
NASDAQ:ZM:Cathie Wood's $ARKK bought 839,301 shares todayAmong other trades, ARK sold 293,661 shares of NVIDIA (NASDAQ:NVDA) and 954,387 shares of Signify Health Inc. (NYSE:SGFY), as the stock spiked recently on reports of a bidding war between Amazon (NASDAQ:AMZN), UnitedHealth (NYSE:UNH), and CVS (NYSE:CVS)
KRAKEN:NYMBTC new listing#2705
"Nym is the next generation of privacy, engineered by some of the world’s leading research scientists and developers at world-class universities Massachusetts Institute of Technology, KU Leuven and University College London. The system comprises a mixnet providing privacy at the network level, credentials providing privacy at the application level, and the NYM token to reward those who run the system, making it sustainable and scalable in the long run. Together, these will form a global, decentralised privacy network that will be powered by the NYM crypto-token.
Nym is a “full-stack” privacy system, developers can hook their existing applications to the Nym system to protect their users at the network level via Nym mixnet, and protect them at the application layer via Nym private credentials. Together, these will have the capacity to add privacy to the broader blockchain industry: the Nym mixnet provides privacy at layer 0, which adds meta-data protections for other blockchain and cryptocurrency projects that are at layer 1 (like Bitcoin and Ethereum) and layer 2 (including most DeFi projects).
The Nym mixnet is a decentralised network of computers arranged in 3 layers. Your communication traffic is sent through it wrapped in multiple layers of encryption using SPHINX packet format which makes every piece of data passing through the mixnet look exactly the same. In each layer of the mixnet, your internet traffic is mixed with other people’s traffic, and the metadata that uniquely identifies your communications ie. your IP address, timing and destination is obfuscated. This means that your messages are “lost in the crowd” and not only the content but also the meta-data of your messages is protected and your communications are private. There is a saying amongst privacy crowds that says “Privacy loves company”, which is what a mixnet provides; the more data is mixed together the more private everyone’s data is.
The value of the NYM token will eventually be tied to the global demand and need for privacy, which is only increasing as the internet expands into more and more areas. The number of global internet users reached 4.5 billion in January, 2020. And more and more people, companies and organisations feel they are being spied on and are uncomfortable with how their data is being used on the Internet. The only comparable global privacy system is Tor which works but has limitations by being volunteer run. It means that global reach is difficult: volunteers tend to be centralized in wealthy Western countries and the systems are unlikely to scale. We believe economic incentives can fix this problem so that the entire world can have privacy on the Internet."
source: cmc
Binance will list STG Stargate Finance"Fellow Binancians,
Binance will list Stargate (STG) in the Innovation Zone and will open trading for STG/BTC, STG/BUSD and STG/USDT trading pairs at 2022-08-19 09:00 (UTC).
Users can now start depositing STG in preparation for trading
Withdrawals for STG will open at 2022-08-19 09:00 (UTC)
Note: The withdrawal open time is an estimated time for users’ reference. Users can view the actual status of withdrawals on the withdrawal page.
STG Listing Fee: 0 BNB.
What is Stargate (STG)?
Stargate Finance is a cross-chain bridge that utilizes a unified liquidity pool model. STG is its native governance token that can be staked to receive protocol revenue.
Reminder:
The Innovation Zone is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.
Before being able to trade in the Innovation Zone, all users are required to visit the web version of the Innovation Zone trading page to carefully read the Binance Terms of Use and complete a questionnaire as part of the Initial Disclaimer. Please note that there will not be any trading restrictions on trading pairs in the Innovation Zone.
STG is a relatively new token that poses a higher than normal risk, and as such will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, have done your own research in regards to STG’s fundamentals, and fully understand the project before opting to trade the token."
Source: binance.com
AZEROUSD: bull flagAleph Zero is a privacy-enhancing, Proof-of-Stake public blockckchain with instant finality. It's enterprise-ready, high-performance network is built on a novel, Directed Acyclic Graph (DAG)-based consensus protocol that has been peer-reviewed and presented at an ACM conference. Aleph Zero uses the DAG as an intermedriary data structure, but can still be categorized as a blockchain.
To date, Aleph Zero raised $15m for continued development, integrating with the Substrate stack, and expanding the team. Project has been initially bootstrapped by the founding team in early 2018 as well as friends and family through a pre-seed round. The seed round has been largely concluded by December 2020. Public presale, community rounds and the public sale have all been concluded in 2021.
The first version of the Aleph Zero mainnet went live on November 10th, 2021.
In 2022, Aleph Zero plans to enable privacy-enhancing features based on secure multi-party computation research (sMPC) and zero-knowledge proofs (ZKP).
Aleph Zero is a part of Substrate Builders Program, however, Aleph Zero is not a Polkadot parachain but a sovereign ecosystem.
AZERO is the native coin powering the Aleph Zero platform.
Aleph Zero team
The team working on Aleph Zero continues to grow and now consists of over 30 individuals contributing towards the network development and adoption.
The list of previous accomplishments of the Aleph Zero team includes ACM ICPC World Finals, first prize in International Mathematics Competition, or Simons-Berkeley Research Fellowship.
On the business front, our employees and contractors gained experience at prominent startups, scale-ups, and corporations.
Aleph Zero has been founded by four people: Adam Gągol, Matthew Niemerg, Michał Świętek, and Antoni Żółciak.
TASE:MIA Dynamics has approved the merger with GODMAccording to the agreement, Reuven Kaplan, former CEO of Psagot, and Guy Eliyahu will be appointed directors of the merged company.
Mia Dynamics is a privately owned company engaged in the research and development of technology of tiny electric vehicles, combining the size and dynamics advantages of two-wheeled vehicles alongside the advantages found in four-wheeled vehicles.
S&P 500 / M2S&P 500 - The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 large companies listed on exchanges in the United States. It is one of the most commonly followed equity indices.
M2 is a measure of the money supply that includes cash, checking deposits, and easily-convertible near money.
How long will it take to dry up liquidity in market?
NYSE:GME Coinbase NFT has processed 1% of GameStop NFT’sGameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer. The company is headquartered in Grapevine, Texas, and is the largest video game retailer worldwide.
GameStop’s new Ethereum-based NFT marketplace has been live in beta for a little less than a week. First two days in beta, moved well over 3,000 ETH. That's minuscule compared to OpenSea, but it beats Coinbase NFT. GameStop is looking to compete against OpenSea, the biggest NFT marketplace, which has generated some $17 billion in transactions this year. The company sees Web3 playing a major role in gaming. GameStop’s CEO, Matt Furlong, says, “We firmly believe that digital assets are core to the future of gaming”
GameStop NFT currently offers only artwork NFTs, but intends to launch a suite of gaming NFTs, which can be used as interactive items within video games. In February, GameStop launched a $100 million token incentive fund with Ethereum layer-2 scaling solution Immutable X to support development of NFT-compatible video games and products. The marketplace website notes that gaming NFTs on Immutable X are “coming soon,” and currently teases 13 NFT-compatible games that will have products available on the platform for purchase.
In the time since GameStop NFT launched on Monday, for example, Coinbase NFT has processed $31,000 in sales: that’s less than 1% of GameStop NFT’s business.
GSTBTC: breaking resistance on weeklyWhat Is Green Satoshi Token (GST)?
Green Satoshi Token (GST) is the game token of STEPN — a Web 3.0 lifestyle app with in-built fun social elements and gamification design. STEPN is the first move-to-earn NFT game where players earn GST tokens by walking, jogging and running outdoors while wearing NFT Sneakers. GST tokens can also be used to level up and mint new Sneakers, and players can sell/rent their NFT sneakers on the app Marketplace.
Check out our deep dive on STEPN.
The goal of the project is to encourage the world's population to lead a healthy and active lifestyle, as well as to acquaint people with the concept of Web 3.0. The STEPN platform is originally powered by Solana (SOL) and uses a dual-token mechanism where Green Satoshi Token (GST) is the currency in the game and Green Metaverse Token (GMT) is the governance token.
To become a part of the community, a user first downloads the STEPN mobile app, registers an account and creates a wallet. The user then deposits SOL tokens to the built-in STEPN wallet, goes to the in-app Marketplace, buys NFT Sneakers and waits 24 hours for “energy” replenishment (energy is time user workouts, in minutes, the indicator recovers at a rate of 25% every 6 hours).
The following are the advantages of the STEPN project:
Activity rewards motivate app users to go in for sports every day, keep themselves in good shape, improve physical health;
GameFi functionality is built into the application (Sneakers-minting, leveling up Sneakers, custom NFTs, Mystery boxes);
The STEPN ecosystem includes tools like Wallet, Swap, Marketplace;
To use the application and purchase NFT Sneakers, users don’t need a knowledge base of blockchain technology;
The mobile application is equipped with an intuitive and simple interface;
There is a free rental of NFT Sneakers on the platform. Players can buy their own pairs of shoes by accumulating the required number of tokens.
The STEPN project raised a $5.0M Seed Round from top investors including Sequoia Capital, Folius Ventures, Binance Labs, Solana Capital, Alameda Research, DeFi Alliance, M13, Corner Ventures, 6th Man Ventures, Zee Prime Capital, Sfermion, Spark Digital Capital, MorningStar Ventures, Lemniscap, WelinderShi Capital, Solar Eco Fund and Openspace Ventures.
Who Are the Founders of Green Satoshi Token?
STEPN was established in August 2021 by fintech studio Find Satoshi Lab, based in Australia. In September of the same year, the core team was formed, and in October the project won Solana Ignition Hackathon Gaming Track 2021.
Jerry Huang is one of the co-founders of the company with ten years of experience in game development, marketing and testing. Prior to STEPN, Huang also launched several highly rated and downloaded games for iOS App Store.
One more co-founder is Yawn Rong, a talented entrepreneur, crypto investor and blockchain incubator. Rong has a track record of launching small startups and building them into national brands.
Jessica Duan holds the position of CSO in the company. Duan has a qualification in design and architecture, she manages operational strategies, advises senior clients & partners, and evaluates new technologies, market trends, business models and innovations.
What Makes Green Satoshi Token Unique?
The STEPN team intends to make a breakthrough by incorporating social and community elements into their product, giving fans of an active lifestyle the opportunity to earn cryptocurrency from their passion for running.
STEPN is based on the Move-to-Earn (move2earn or M2E) concept. In 2021, the project participated in the Solana Ignition Hackathon Gaming Track, taking first place and becoming the only mobile NFT game to win the hackathon. STEPN attracted the attention of the judges and received approval due to the game design, user-friendly interface, and built-in tools like Wallet & Marketplace.
Highlights of STEPN:
The application has three modes: Solo Mode (a player earns GST due to motion, the number of earned tokens depends on physical activity and the rarity of NFT shoes); Marathon Mode (online marathons are weekly and monthly events, registration is required at least 24 hours before the start); Background Mode (users earn income in GST tokens just by having one pair of sneakers, the background mode works even if the application is disabled, without reducing the endurance of the sneakers).
NFTs have a different quality, attributes and Gem Socket, the update is done by burning GST tokens, attribute points and NFT Gems can be added to improve performance.
Users can mint a sneaker box aka Shoebox by putting two sneakers together. As a result, an owner of a Shoebox receives a random NFT Sneaker.
On the built-in NFT Marketplace, users can trade everything they have: Sneaker, Shoebox, Gems, and also rent NFTs if necessary.
Using Swap, users of the mobile app exchange tokens for other crypto, and also deposit their tokens and NFTs to the built-in Wallet.
The STEPN app may charge small taxes for trading NFT sneakers, minting and renting. At the same time, most of the income is earned by platform users. Part of the profits goes to the purchase of Carbon Removal Credit — support for carbon neutrality (a state of net-zero carbon dioxide emissions).
TRBBTC: breaking resistenceWhat Is Tellor (TRB)?
Tellor is a decentralized oracle protocol.
Oracles are a key part of blockchain infrastructure that update valuable off-chain data, making it available for on-chain smart contracts.
Tellor’s oracle supplies data that can be requested, validated and put on-chain permissionlessly with data reporters competing for incentives of TRB. Data reporters bring valuable information on-chain for a wide range of DeFi applications.
What Makes Tellor Unique?
Tellor’s oracle works by incentivizing data reporters to put valid data on-chain while also disincentivizing bad reports via disputes and slashing. Becoming a reporter requires no verification process i.e. permissionless. Anyone anywhere in the world can be a reporter using open source software, a unique characteristic among blockchain oracles.
When oracle users request the value of an off-chain data point (e.g. BTC/USD), data reporters compete to add this value to an on-chain data-bank, accessible by all smart contracts on the networks Tellor supports (Ethereum, Polygon, Algorand, etc.) The frequency with which data can be updated is limited only by how much / how often users “tip” the feed with TRB.
Also unique to Tellor, data is submitted in bytes meaning the oracle is flexible and robust for nearly any blockchain application.
Who Are the Founders of Tellor?
Tellor was launched in 2019 by a U.S.-based team with the aim to address the oracle problem on the Ethereum blockchain.
Tellor was founded by Brenda Loya, Nick Fett and Michael Zemrose.
Brenda Loya is the CEO and co-founder of Tellor. Previously, Brenda worked as the VP and Lead Developer at Daxia in the field of blockchain, scalability and data science. Previously she was an economist and supervisory statistician at the U.S. Department of Labor.
Nick Fett is a co-founder and CTO of Tellor. Previous to Tellor, he was the founder of Daxia, a derivatives protocol on Ethereum. Nick also has experience in economics, regulation, derivatives, and machine learning including positions at the U.S. Commodities Futures Trading Commission.
Michael Zemrose is co-founder and CSO of Tellor and previously did Business development at Daxia. He was also an entrepreneur in media and consulting for several years before joining the world of crypto.
How Is the Tellor Network Secured?
The purpose of Tellor’s native token, Tributes (TRB), is to connect and align data reporters, oracle users, and community governance.
Security is achieved through Tellor’s governance contract, which uses a simple dispute mechanism to achieve community consensus on the data being reported. The way this works is that data reporters must stake TRB in order to report data and earn rewards, but they can be disputed and slashed, with their stake given to the disputer if they submit data the network deems incorrect.
INFIBTC: breaking resistanceWhat Is Unifi Protocol DAO (UNFI)?
Unifi Protocol DAO is a revolutionary approach to decentralized finance (DeFi). Launched in 2020, the network aims to bring modern technology to the financial world. By employing the innate security and decentralization features of blockchain technology, and the automation of smart contracts, Unifi Protocol DAO offers users the ability to develop DeFi solutions for their enterprise.
This project combines the power of several blockchains and relies on the foundation of Ethereum DApp and DeFi development. However, Unifi makes it its mission to introduce interoperability to the world of DeFi by allowing users access to multiple blockchains and an extremely versatile UNFI token.
Who Are the Founders of Unifi Protocol DAO?
The Unifi Protocol DAO was founded and created by an online staking community called Sesameseed. Juliun Brabon is co-founder and CEO of Sesameseed and plays an invaluable role in creating Unifi Protocol DAO. He graduated with an English degree from the University of Buffalo and started a career in operations management. Later he became the president of several companies, including Jarrow Industries and Dr. Vita. In May 2018, he co-founded Sesameseed and started working on Unifi Protocol DAO.
Kerk Wei Yang is another integral part of the Sesameseed team, responsible for developing the smart contract capabilities of Unifi Protocol DAO. He graduated from Nanyang Technological University in Singapore and started working in data administration. He joined Sesameseed in October 2020.
Daniel Blanco is the lead developer of Unifi Protocol DAO. He has a solid background in information technologies and has worked for companies like Transparent CDN and Seedtag. Since 2020, he is also the lead tech advisor for Sesameseed.
What Makes Unifi Protocol DAO Unique?
Aiming to give traders access to simple, fast, and efficient cross-chain activity, Unifi is a comprehensive DeFi solution for enterprises of all sizes. The platform also has a rigid rewards program, allowing investors and traders to gain staking value for holding UNFI tokens.
In the official white paper, the founding team details an impressive development path for the project. In 2021, the company will aim to bring additional capabilities to the protocol and introduce the uLend platform, which will allow users to participate in peer-to-peer lending of UNFI tokens.