Chia network and few words about regulation
Updated
Regulations are coming, I have been talking about this for a long time, but even the projects themselves are not ready. Projects that will not be affected by the regulation are Bitcoin, Chia, Eth, Dydx, Rose, Astar, Shaiden network, Compound, Aptos, Flow, Kusama, Dot, Imx, Mina, etc..
Of course, some projects have their risks.
I have an assumption that the liquidity can flow into those in which there is less risk from the regulation side.
There are no public sales and initial sales of tokens in Chia. There have funds, but they had not received coins.
The ideal situation for a project - no public sale and the funds are not receive tokens, and there are only farmed tokens in circulation.
Who will survive the regulation is an open question, but I am sure in Bitcoin, Chia, Eth. There may be questions to the latter, but they will solve them.
It all depends on the project: how ready the team for and what kind of security they have to pay the fine. To what extent they have prepared documents that their public sale took place according to a coordinated legal process, most likely Coinlist was secured by such documents. Subsequently, the projects that came out there will be legal: Flow, Mina, Near..
Rose - no public sale, just an airdrop for USDC stakers on the Coinlist platform.
Astar had a lock-drop in exchange for the pledged eth and had an auction for parachains. There should be no questions about such a project.
Mina - there was a public sale, but it was on the Coinlist, and maybe from a legal point of view - everything was correct.
Dydx - there was no public sale, there was a private sale, and there were rewards and drops for activity. Looks more reliable than Mina, Flow, and others.
Aptos - the airdrop and private sale.
I can't tell you about all the projects.
Do your own research. The main thing is to understand where there was no public sale (or very legally correct) and a right private sale (or better without it). There are no such projects except for CHIA. Therefore, I bought this project for 10% of the portfolio.
Best regards, EXCAVO
Of course, some projects have their risks.
I have an assumption that the liquidity can flow into those in which there is less risk from the regulation side.
There are no public sales and initial sales of tokens in Chia. There have funds, but they had not received coins.
The ideal situation for a project - no public sale and the funds are not receive tokens, and there are only farmed tokens in circulation.
Who will survive the regulation is an open question, but I am sure in Bitcoin, Chia, Eth. There may be questions to the latter, but they will solve them.
It all depends on the project: how ready the team for and what kind of security they have to pay the fine. To what extent they have prepared documents that their public sale took place according to a coordinated legal process, most likely Coinlist was secured by such documents. Subsequently, the projects that came out there will be legal: Flow, Mina, Near..
Rose - no public sale, just an airdrop for USDC stakers on the Coinlist platform.
Astar had a lock-drop in exchange for the pledged eth and had an auction for parachains. There should be no questions about such a project.
Mina - there was a public sale, but it was on the Coinlist, and maybe from a legal point of view - everything was correct.
Dydx - there was no public sale, there was a private sale, and there were rewards and drops for activity. Looks more reliable than Mina, Flow, and others.
Aptos - the airdrop and private sale.
I can't tell you about all the projects.
Do your own research. The main thing is to understand where there was no public sale (or very legally correct) and a right private sale (or better without it). There are no such projects except for CHIA. Therefore, I bought this project for 10% of the portfolio.
Best regards, EXCAVO
Note
dropstab.com/tab/6hqnmtpbdiFor fans of shitcoins with wild X's. Something can give 2-10x, but something can't
Shitcoins with a cap <100 million, Binance investor, where the price is below the binance round.
Most are some kind of stillborn scams.
Are there any good ones in your opinion? Write on the comment
Note
Road map updateroadmap.chia.net/tabs/14-q1-2023
Note
Chia network XCH This is a commodityNote
Chia Network Submits Registration to U.S. SEC For Proposed IPO (coindesk.com/business/2023/04/14/chia-network-submits-registration-to-us-sec-for-proposed-ipo/)Note
Note
SEC Names Crypto Assets It Considers Securities 🧐Applying the criteria of the "Howie test" to the cryptocurrency market, the SEC concluded that 37 tokens meet the definition of securities. This means that one must comply with securities laws when interacting with them.
Securities tokens:
XRP
Telegram Gram Token
LBRY Credits
Decentraland 🤦♂️
DASH
Power Ledger
OmiseGo
Algorand 🤦♂️
Naga
TokenCard
IHT Real Estate
Kik / Kin
Salt Lending
Beaxy Token
DragonChain
Tron
BitTorrent
Terra USD 😂
Luna 😂
Mirror Protocol mAssets
Mirror Protocol
Mango
Ducat
Locke
EthereumMax
Hydro
BitConnect 😂😂😂
Meta 1 Coin
Rally
DerivaDAO
XYO Network
Rari
Liechtenstein Cryptoasset Exchange
DFX Finance
Kromatica
FlexaCoin
Filecoin 🤷♂️
The prospects for these projects: at least fines, at most - delisting from major exchanges, the courts, the return of money to investors + penalties.
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