SOIL in countertrendI've been noticing more than once that SOIL usually moves against the market or, at least, it does so for a couple of days. Then if market keeps going in a certain direction for many days it follows.
In this case we can see cryptomarket dumping and shaping up bearish on weekly timeframe, in this case instead SOIL seems to be slowing the dumping and shaping up as reversal on W:
while on daily instead it's attempting to bounce. Pretty weird, right? If you guys want a promising RWA this is a bag I feel confident to suggest. below around 0.636 USDT area it's all buy zone in my opinion. I'd avoid using leverage in this period, I expect a red month.
Good luck.
RWA
Ava alt coin season targetsWith tokenisation and RWA sector AVA can be interesting opportunity
GATEIO:AVAUSDT Main idea I shared in march 2024. So here is updates
From global accumulation zone on W tf we pumped on news. But with news our without price will deliver this coin to the right targets! Like you can see we got reaction at 0.38 lvl by fib and just close all Order flow what we've form in 2022
Possible Targets and explanation idea
➡️Half B market cap realistic targets at 1.681 lvl and new ath
➡️2 years in accumulation zone with since May 2024 clear buy back signals
➡️Since 2022 Money inflow from big players MP indicator
➡️After local pump over 400% some of them fix profit and we can see Money Outflow.
➡️ Hard to say about timing but for upcoming alt season I think 2 flag marked targets can be good zones to start fix profit step by step
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
CHAINLINK — 2024-5CRYPTOCAP:LINK The standard for onchain finance
The Chainlink standard continues to see adoption across the tokenization landscape, with recent developments in Q3 underscoring how Chainlink’s decentralized infrastructure plays a pivotal role in enabling smart, scalable, and secure tokenized real-world assets (RWAs). Companies such as 21Shares, Lympid, Superstate, and Sygnum are leveraging Chainlink services like Data Feeds, Proof of Reserve (PoR), and the Cross-Chain Interoperability Protocol (CCIP) to bring critical onchain transparency, connectivity, and real-time data to tokenized assets, including U.S. Treasury bonds and Ethereum ETFs. These integrations provide verifiable, onchain asset backing, which enhances user trust and facilitates the growth of decentralized finance (DeFi) applications such as collateralized lending and automated asset management. Chainlink’s infrastructure continues to enable firms to set new standards for transparency and reliability in both traditional and decentralized finance.
TradeCityPro | ONDO : Bullish Momentum with Potential Targets👋 Welcome to TradeCity Pro!
In this analysis, I will review the ONDO coin for you. This project is one of the well-known Real World Asset (RWA) projects. The analysis will be conducted on daily and 4-hour timeframes.
📅 Daily Timeframe: Pullback to ATH
In the daily timeframe, we observed a ranging box from 0.56961 to 0.83103, which served as an accumulation zone. After breaking above the top of this box, the price experienced significant growth.
📊 Within this range, after the price reached the bottom of the box for the second time, buying volume increased substantially. Post-breakout, the buying volume continued to rise.
📈 Following the breakout, the SMA25 indicator acted as strong support, guiding the price to the resistance level at 1.11464. After breaking this resistance, considerable buying pressure entered the market, enabling the price to record a new ATH.
🚀 Examining the Fibonacci Extension levels, the new ATH was precisely recorded at 0.618, highlighting the importance of these levels in this chart. If the uptrend continues, the next targets are the 0.786 and 1 Fibonacci levels, approximately around $2.72 and $4.14. If the RSI re-enters the Overbuy zone, bullish momentum will enter the market, increasing the likelihood of reaching these targets.
🔽 In case of a pullback, the first significant level is 1.45288, which was the previous ATH, where the price has already pulled back once. If the correction deepens, the next key level will be 1.11464.
⏳ 4-Hour Timeframe: Detailed View and Futures Triggers
In the 4-hour timeframe, we can observe more details of the Low Wave Cycle.
🔼 Currently, the price is struggling with the monthly R2 pivot point, and as seen, market volume is increasing. If 1.87365 is broken, the price may move towards the monthly R3 and R4 pivot points.
📉 In case of a pullback, the first support, as mentioned in the daily timeframe, is 1.46522, which overlaps with R1. If the correction continues, the next support zone will be 1.10747, aligning with the main pivot point.
✨ In my opinion, considering the strong bullish momentum, the price is gearing up for the next sharp upward leg. Upon RSI confirmation, we could witness steep bullish candles, as the price has recovered from its correction faster than other altcoins and has maintained its bullish momentum.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
$TOKEN another project from RWA!TOKEN has a good set of investors and market makers who won't miss the opportunity to make money anytime soon. From a technical point of view we expect an upward reaction after 5 Elliot waves! This is confirmed by the consolidation above the 50 EMA. The target for fixation is 1.618 Fibonacci level.
Best regards, Horban Brothers!
$PRO God Candle Incoming After breaking out of a brutal 116D descending channel, NYSE:PRO looks like it’s about to unleash a god candle on us all 💯
Next Targets:
150% to local high ~$4
235% to previous ATH ~$5.80
415% to new ATH ~$8.90
With @PropyInc sitting at a measly $100m MC, this micro-cap will absolutely rip when the RWA / Real Estate narrative catches fire with Onchain Summer (Base).
Reserve Rights (RSR) ResearchThe Reserve protocol is an innovative platform on Ethereum that, for the first time, enables the creation of asset-backed and over-collateralized stablecoins without the need for permissions. Reserve's primary mission is to introduce scalable, decentralized forms of stable currency designed to reduce the volatility common to cryptocurrencies like Bitcoin and Etherium.
The Reserve protocol empowers anyone to generate stablecoins, which are secured by collections of ERC-20 tokens across Ethereum, Base, and Arbitrum. These digital currencies, underpinned by stable assets within the Reserve framework, are dubbed "RTokens". After setting up an RToken, users can produce these tokens by contributing the full set of backing collateral tokens, and similarly, they can retrieve this entire set upon redemption. Consequently, the trading value of an RToken closely aligns with the aggregate market value of its backing basket, with discrepancies inviting arbitrage opportunities. RTokens boast an overcollateralization feature, ensuring that in the event of a collateral token failure, there's a reserve of value to offset the deficit. This extra security layer comes from holders of Reserve Rights (RSR), who have the option to stake their RSR on any RToken. Should a collateral token falter, the staked RSR can be automatically claimed through a system driven purely by blockchain-based price oracles, devoid of any need for governance decisions or human intervention.
Long-term goals of the project
Examining the lineage of currency shows us that as one dominant global empire cedes to another, the currency of the former inevitably declines. Historical examples include the Dutch Guilder and the British Pound, and now, according to Ray Dalio, the U.S. dollar might not retain its status as the global reserve currency forever.
Bloomberg has highlighted concerns, echoed by figures like Larry Fink of BlackRock, that burgeoning U.S. fiscal deficits might alienate significant foreign investors. This scenario could lead to a potential 30 percent drop in the dollar's value, as the Federal Reserve might find itself compelled to finance the national debt through monetization.
In response to this, the Reserve community is motivated to craft a stablecoin, known as an RToken, which aims to decouple from the U.S. Dollar's peg. The ultimate ambition for cryptocurrencies is not merely to mirror the stability of existing assets in the short term but to innovate a financial instrument that maintains stability in the immediate and exhibits superior stability over extended periods.
Investors
The RSR (Reserve Rights Token) project has attracted attention and investment from a number of prominent cryptocurrency and venture capital market participants.
Coinbase Ventures
GSR (MM)
Arrington Capital
Shima Capital
NGC Ventures
Fenbushi Capital
Digital Currency Group (DCG)
BlockTower Capital
Distributed Global
Chapter One
PreAngel (China)
Sam Altman
Peter Thiel
These investors are investing in RSR believing in the project's potential to improve the stability and availability of cryptocurrencies, especially in regions with unstable economies. The participation of such significant names indicates the high interest in the project in investment circles.
Staking
Reserve Rights (RSR) serves as an over-collateralization mechanism to protect RToken holders in the rare event of a collateral token default. To enable RSR holders to provide this over-collateralization, they have the option to stake their tokens on any single RToken or distribute their RSR across multiple RTokens. Additionally, RSR holders can choose not to stake their tokens at all.
In exchange for providing this over-collateralization, RSR stakers can expect to earn a share of the revenue from the specific RToken they stake on. Generally, the greater the market cap of the RToken they stake on, the more revenue RSR stakers will receive.
When RSR is staked on an RToken, the tokens are deposited into a staking contract specific to that RToken, and the staker receives a corresponding ERC-20 token, which represents their staked RSR position on that particular RToken. This token is transferable and fungible with other staked RSR for the same RToken, allowing you to send any portion of the staked position to someone else or trade it, and the new holder has the option to unstake it if they choose to.
Understanding RSR Staking Rewards and Mechanics:
Rewards Calculation: Your rewards from staking RSR tokens are influenced by how much revenue the RToken generates, the percentage of this revenue allocated to RSR stakers by governance, and your share of the total staked RSR. For example, if an RToken earns $100, 20% is set aside for stakers, and you've staked 10% of all RSR staked on this RToken, you'd receive $2 as your reward for that period.
Mechanism of Reward Distribution: Rewards are not directly paid out but are used to buy back RSR through market auctions, increasing the value of staked RSR relative to unstaked RSR over time.
Staking Risks and Unstaking Delays: When you stake RSR, your tokens are at risk of being used to cover losses if there's a default in the collateral tokens backing an RToken. Unstaking isn't immediate; there's a delay (typically set between 7 to 30 days by governance) to ensure enough RSR remains staked to cover potential defaults. During this unstaking period, you won't earn rewards, but you can cancel the unstaking process to continue staking.
Accessing Staking: The simplest method to stake RSR is through platforms like Reserve Register, which provide user interfaces to interact with the smart contracts of the Reserve Protocol.
This system not only incentivizes staking by offering rewards but also secures the protocol by using staked RSR as a first line of defense against collateral defaults, ensuring the stability and integrity of RTokens.
Tokenomics
The Reserve Rights (RSR) token has a capped supply at 100 billion. As of now, 50.6 billion RSR are circulating, with the remaining 49.4 billion held within the Slow and Slower Wallets.
Slow Wallet: This wallet, managed by the Reserve project team, is designated for funding initiatives that drive RToken adoption. Any withdrawal from this wallet requires a compulsory 4-week waiting period after the transaction is initiated on the blockchain.
Organizational Shift in 2024: The governance of the funding for the Reserve Ecosystem underwent changes, introducing Confusion Capital. This entity oversees financial support for projects within the ecosystem like Best Friend Finance and ABC Labs, which concentrates on the development of the core protocol.
Slower Wallet: Under the administration of Confusion Capital, this wallet inherits its funds from the Slow Wallet but introduces stricter withdrawal rules. Besides maintaining the initial 4-week delay, it limits withdrawals to no more than 1% of RSR's total supply over any 4-week period. This adjustment aims to minimize the level of trust required in Confusion Capital. Here’s how the withdrawal throttle works:
After a period of no activity, the withdrawal cap could reach its maximum of 1 billion RSR.
Upon initiating a withdrawal of 1 billion RSR, the cap drops to zero.
After 2 weeks, the cap replenishes to 500 million RSR, allowing for a new withdrawal of up to 250 million RSR, reducing the cap back to 250 million RSR.
One week later, the cap increases again to potentially 500 million RSR, depending on previous activities.
This structured approach ensures a gradual release of funds, reinforcing trust and stability within the ecosystem's financial operations.
Blockchain
GSR Marketmaker activity has been spotted and is beginning to gear up for the alt season and pump up the asset. Be ready for a rapid growth of RSR in the near future!
Below are a couple of wallets owned by investment funds. As you can see, they continue to hold RSR after unlocks, which indicates that there was no distribution and we should prepare for pumping, which will trigger liquidity. This way large investment funds will be able to start selling their assets due to “born liquidity”.
It is also worth noting that most of the issuance is in the hands of those who benefit from growth! It can be seen that SlowerWallet and team have >50% of all tokens, followed by exchanges. After exchanges, the obvious leader is investment funds, which I wrote about a bit above.
Conclusion
Reserve Rights and the RSR token are on the cusp of significant change, with the potential for exponential growth. Given its innovative approach to currency stabilization, growing community, expansion into new markets and positive technical analyses, the project is well positioned to strengthen its position in the cryptocurrency ecosystem. The fundamental aspects of Reserve Rights offer an optimistic outlook on its future, making RSR interesting for long-term oriented investors.
Best wishes, Horban Brothers!
$OM Bullish pennantBINANCE:OMUSDT is currently doing a bullish pennant pattern after an explosive move from 1.67 area. A break of this pennant could send BINANCE:OMUSDT price parabolically to around 6.40 - 6.80 area, measured using the length of the pole in confluence with 2.618 fib level.
In a typical retrace on a continuation move towards the upside, volume tends to dry out, signalling that a move may be due sooner than later. In futures, BINANCE:OMUSDT.P O/I continue to hover around $14M which is a good sign given the sentiment of the market towards premium RWA projects, with a positive L/S ratio.
On the flipside, a break of the lower level will only continue the current ranging move of BINANCE:OMUSDT towards 3.30 - 3.50 area.
Given that the market is still focusing on BTC, BINANCE:OMUSDT will continue to move in a laggard fashion, therefore there is still time to find a long entry near 3.55 - 3.63 area. Once money shifts towards alts, this will propel BINANCE:OMUSDT to new ATHs.
As always, manage your risks.
GL!
- JD
XLM Stellar in 2024 (deep research)Stellar (XLM)
Stellar is an open-source, peer-to-peer virtual currency network that first appeared in 2015 The network was founded by current chief architect Jed McCaleb, current chief scientist David Mazier, and former lawyer Joyce Kim, who has since left Stellar The network aims to make moving money across borders faster and easier, especially for those without access to traditional banking services.
The Stellar blockchain is a distributed ledger used to transfer digital currencies. The primary token of the Stellar blockchain is XLM. The Stellar blockchain uses the Stellar Consensus Protocol (SCP), which is different from the proof-of-work mechanism used in Bitcoin. SCP allows for fast and inexpensive transactions and does not require mining, making it more energy efficient Stellar transactions are confirmed within 5 seconds Transaction costs are extremely low: the average transaction cost is a fraction of a US penny.
The Stellar Development Fund was created to support the development and growth of the Stellar network. The goal of the fund is to promote global financial access, literacy, and inclusion. Stellar has a unique feature, Anchors, which are organizations that can hold deposits and make loans. This allows for a network of inputs and outputs for conversion between digital and traditional currencies Stellar is involved in various partnerships and projects to expand financial inclusion and improve cross-border payments For example, in January 2021, the Ministry of Digital Transformation of Ukraine announced its cooperation and collaboration with Stellar in the development of Ukraine's digital infrastructure.
Roadmap
The Stellar Development Foundation has published a strategic roadmap for 2023, focusing on three blocks to support and grow the Stellar network, ecosystem, and community:
Block 1: Utility is an indicator of growth - this principle aims to attract more developers to the network by providing utility. By focusing on the dysfunctional elements of the current system, Stellar aims to highlight and address them through the network. This includes bringing top-notch assets. Into the network, expanding access through global ramps, and honing in on use cases.
Block 2: Stellar - the network of choice - this block aims to make Stellar the standard for everyday financial services. The goal is to show that Stellar is a network that will not only survive but will set the standard in the industry.
Block 3: Stellar for Developers - This block aims to support the growth of the Stellar ecosystem by providing a clear path for builders to develop solutions. Stellar aims to make it easier for developers to get online and support them in building real-world solutions.
The roadmap also outlines a focus on expanding payments and remittances, leveraging the movement of digital value to provide financial services such as savings, loans, credit, and other transactions in a more accessible way. Stellar's goal is to make it easier for people to access financial services without creating the difficulties and challenges they face today.
Team
The Stellar team is highly regarded in the cryptocurrency space. They have a wealth of experience and expertise, and key figures such as Jed McCaleb, co-founder of Ripple, and Joyce Kim have been instrumental in the development and growth of Stellar. The team consists of more than 80 experts from various leading gaming fields, which is a testament to the diversity and high caliber of the employees.
In addition, the team includes veterans from industry giants such as Binance, ConsenSys, Google, and Microsoft, further enhancing their credibility and expertise in the cryptocurrency space. Stellar has also partnered with major financial institutions and governments, such as the Ministry of Digital Transformation of Ukraine, to create an ecosystem of virtual assets and a national digital currency This is a testament to their extensive experience and strong reputation in the industry.
Audit
Stellar has been listed on the Cyberscope platform, which gives Stellar's due diligence score of 88%, indicating a very low-risk level. The security score is 71%, indicating a moderate level of security. Stellar's audit history is not provided in the search. results, but it is noted that Stellar has not been audited by CertiK Additionally, the Stellar Development Fund (SDF) announced the launch of an audited bank that will distribute up to $1 million in security audit credits in coordination with six top-tier audit firms This initiative aims to support the growth and security of the Stellar ecosystem by providing financial assistance for security audits of projects being built on the network.
GitHub
The project repository seems to be quite active. There were 1860 commits in April!
This indicates a significant level of activity in the development and maintenance of the project. The project has an active community of developers contributing to various repositories. These include the core protocol, smart contracts, and multiple tools and resources for developers. The project has released new features and tools such as the Starlight wallet, which allows for private, instant and secure transactions This is a testament to the constant innovation and development of the project.
Ecosystem
The Stellar ecosystem has grown significantly, with many applications and projects coming online.
These include:
StellarX: An easy-to-use peer-to-peer trading platform for trading assets on the Stellar network.
Stellarport: A web-based interface to access the Stellar network, allowing users to trade assets, send payments, and create tokens.
Lobster: A mobile and web wallet for managing Stellar accounts and assets.
StellarTerm: An open-source client for the Stellar network that allows users to access a decentralized exchange and manage their accounts.
Stellar Lumens: The native digital currency of the Stellar network, used as an intermediate currency to facilitate transactions between different assets.
According to the latest data, the total value of assets locked in the Stellar ecosystem is $9.84 million. The high TVL indicates that a significant number of investors uses the protocol and that it has a high level of liquidity TVL in the Stellar ecosystem is a testament to the growing interest and confidence in DeFi's capabilities on the network As the Stellar ecosystem continues to expand, TVL can be expected to continue to grow, reflecting the growing popularity and utility of the network.
Stellar has also made significant strides in smart contracts in recent years with the introduction of Soroban Soroban is a smart contracts platform on Stellar that allows developers to create, deploy and interact with decentralized applications (dapps) on the network The Stellar Development Fund has committed $100 million to the Soroban Adoption Fund to incentivize the development of projects that leverage the network's smart contract capabilities According to the latest data, 466 projects are active on the Stellar network, demonstrating the versatility of the platform and its potential to revolutionize the way financial transactions are conducted.
Tokenization
Tokenization is the process of representing real world assets (RWAs) or financial products as digital assets on the blockchain It is a key feature of the Stellar blockchain network, allowing any developer or enterprise to issue assets on the platform The Stellar blockchain is designed to support the tokenization of assets, including fiat currencies and securities, in a secure and simple way This enables the creation of digital representations of real-world backed assets, which can then be moved around the world around the clock, quickly and at low cost Below are RWA's market capitalization statistics across various networks.
The process of tokenizing an asset on the Stellar network involves four main steps:
1 Creation of the issuing account: The first step is to create an account on the Stellar network that will be used to issue the asset.
2 Creating a distribution account: Next, a separate account is created to hold the issued asset.
3 Add a trust line for the asset to the distribution account: The trust line is a record of the asset and the maximum amount of that asset that the account is willing to hold This step ensures that the distribution account can receive and store the newly issued asset.
4 Transferring the asset from the issuing account to the distribution account: The last step is to transfer the asset from the issuing account to the distribution account.
Stellar's built-in software features allow for asset control, which means issuers can limit the use of an asset and who can own it by setting various configuration flags This provides a high level of flexibility and control for asset issuers.
Tokenizing assets on the Stellar network provides several benefits:
Reduced record keeping: Issuers can reduce the number of internal sources for record keeping by using the blockchain as the primary source of truth for non-PII data.
Increased market access: Issuers can expand their markets by offering their assets to the ins and outs and wallets built on the Stellar network.
Instant settlement: The Stellar network provides instant settlement 24/7, reducing the cost of processing financial transactions.
Interchangeability: Assets created on the Stellar network are interoperable with the rest of the digital asset ecosystem.
Low cost: The Stellar blockchain is known for its low transaction costs, making it an attractive choice for asset tokenization.
Tokenization on the Stellar network thus enables the creation of digital representations of real-world assets, providing a secure, efficient and cost-effective way to transfer and manage assets on the blockchain.
Bridges
One of the most notable bridges is Allbridge, which provides interoperability between Stellar and several other leading blockchains, including Ethereum, Solana, Polygon and Celo This bridge allows users to transfer assets between these networks, utilizing the unique features of each blockchain and enjoying the fast and inexpensive transactions that Stellar is known for Allbridge's integration with Stellar was made possible through a partnership with Ultra Stellar, a key player in the Stellar ecosystem An example of how Allbridge works:
Another significant development in Stellar interoperability was the introduction of Spacewalk, a trust-minimized bridge between Stellar and the Polkadot/Kusama ecosystems Spacewalk enables the transfer of stable tokens from the Stellar network to the Polkadot/Kusama ecosystems, opening up new opportunities for users to access a wide range of DeFi services The Stellar Development Foundation (SDF) also launched the Stellar Bridge Bounty Program, which supports the development of cross-chain solutions on the Stellar network This program has led to the creation of innovative bridge solutions such as Starbridge, which aims to create a robust integration between Stellar and Ethereum.
These bridging and interoperability solutions are critical to the growth and proliferation of the Stellar network, as they enable users to access a wider range of assets and services while taking advantage of Stellar's fast and low-cost transactions As the Stellar ecosystem expands, we can expect to see further developments in bridging and interoperability, further increasing the utility and reach of the network The need for bridges in the race to tokenize real world assets underscores the importance of seamless integration and interoperability in the financial ecosystem By enabling asset transfer between different blockchain networks, bridges play a critical role in facilitating tokenization of real-world assets, which is expected to unlock significant value and create new opportunities for investors and businesses alike As the demand for tokenized assets continues to grow, the design and implementation of bridges will play an important role in meeting this demand and enabling efficient and secure asset transfers between different blockchain networks.
Conclusion
Stellar is a truly outstanding project with a vibrant ecosystem with a significant number of projects and a wide range of opportunities Fast and inexpensive transactions, energy efficiency, and a focus on financial inclusion make it attractive to both developers and users Support for tokenization of real assets further extends the network's capabilities by enabling digital representations of a wide range of financial instruments The development of bridges and interoperability solutions on the Stellar network demonstrates its commitment to creating a more interconnected and accessible financial ecosystem These bridges enable seamless integration with other blockchain networks, extending the reach and utility of the Stellar network and making it an ideal platform for cross-border payments and tokenization of real-world assets.
All of the above factors point to the significant development of the Stellar project, as well as the price of XLM The growing interest in the network
and its adoption, as evidenced by the increasing number of TVLs and the development of bridging, interoperability solutions, suggest a large growth of XLM While it is difficult to predict specific news or events that will trigger the price to rise and get out of accumulation, I have already started accumulating XLM in my portfolio You can familiarize yourself with it at the link below the chart.
Best regards EXCAVO
$Land #landshare #rwa That worksIt's another one of those coins that I'm really surprised more people are not paying attention to.
It's in the right sector that has the right narratives but yet it seems everyone wants to sell you on only paying attention to the much higher mkt cap RWA plays like LSE:ONDO #ondo or only the other more volatile up sand coming plays that i myself also watch and or hold many of. But yet they miss this one which has been more established then most and for longer. With real world use already taking place and tokenomics that IMO really help me want to buy more.
As always DYOR,
BUT I deff. think this is one you should look into.
In the HTF it looks to me like we are about to begin a round of #sendIt
$ONDO mechanism for BlackRock tokenizationYou know how optimistic we are about tokenizing real world assets and ONDO is one of the projects for tokenization. The most influential investment fund BlackRock is an investor in ONDO and is ready to tokenize its assets. My minimum forecast for the foreseeable future is $3.45. Buckle up!
Horban Brothers.
3 Small Cap Crypto to watch...Since you enjoyed my previous post about 3 Crypto OGs to watch this month...
Here's an interesting one about small market cap altcoins:
BINANCE:DYMUSDT
DYM has been hovering within a narrow range after rejecting the round number $1.
Waiting for a break above the upper bound of the range at $2.15 to activate the setup and target the $5 mark.
BINANCE:CYBERUSDT
CYBER has been hovering within a narrow range after rejecting the round number $3.
Waiting for a break above the upper bound of the range at $5 to activate the setup and target the $9.5 mark.
KUCOIN:RIOUSDT
CYBER has been hovering within a narrow range after rejecting the round number $0.5.
Waiting for a break above the upper bound of the range at $1 to activate the setup and target the $2 mark.
Which altcoins would you like me to cover next?
All Strategies Are Good; If Managed Properly!
~Rich
TOTAL Cryptocurrencies: Global Market Indicator and AnalysisAccording to my theory, we are witnessing a crypto market growth cycle with a growth phase of 35 months and a correction phase of 13 weeks. I expect the crypto market to continue to grow until November 1, 2025, driven by the arrival of large investment funds and corporations behind blockchain technology as well as tokenization. The RWA sector is at a nascent stage and trillions of assets will be tokenized and used for fast transactions, ease of transfers, 24-hour accessibility and transparency. In addition, the arrival of institutional investors via ETFs should not be overlooked. Today, BlackRock owns over 470k BINANCE:BTCUSDT and is unlikely to stop. BYBIT:ETHUSDT is undervalued, BINANCE:SOLUSDT shows the very availability of cryptocurrency for everyone on the planet. Memesession is actually testing the Solana network for its suitability for massadoption. Staying bearish regarding the cryptocurrency market looks like ignoring the internet in the early 2000s. Focus on the RWA direction, a large number of projects are about to show parabolic growth!
Horban Brothers.
Chainlink goes for the title of top-1 blockchain in the worldChainlink is going mainstream! The project is being implemented in a number of major European banks and has also reached an agreement on partnership with SWIFT! This is an incredible result for cryptocurrencies. Chainlink also has multiple applications in other areas: DeFi, Gaming, NFT, DePin and RWA. Take note, don't miss out on an Apple-level project in its infancy!
Polymesh: Revolutionizing Regulated Asset TokenizationThe digital transformation in finance has led to a significant paradigm shift, especially with the emergence of real world assets (RWAs) on blockchain. This evolution not only increases liquidity but also democratizes access to investment opportunities. To understand the scale, an infographic is provided below.
Polymesh is a blockchain platform specifically designed to manage and trade regulated assets digitally. The project aims to create an infrastructure for tokenization of Real World Assets (RWA), such as securities, real estate, artwork and more. Polymesh is designed to tokenize assets that are subject to regulation, making it attractive to financial institutions and companies dealing with securities or other regulated assets. The Polymesh team developed the ERC-1400 standard for Ethereum, which went further in terms of providing compliance standards for tokenized assets, but Polymesh is extending that concept for its native blockchain.
Team
Bill Papp - Chief Executive Officer: Joined Polymesh Association from Arival Bank, where he was CEO and board member. Extensive experience in financial services, including stints at BankProv, Pacific Premier Trust, MEFA, Mizuho Americas, Pacific Crest Securities, Prudential Securities, and Lehman Brothers. He holds a bachelor's degree in business from Michigan State University and a master's degree from Tufts University.
Adam Dossa - Chief Technology Officer: He moved from Polymath to Polymesh Association in 2022. He has experience at Morgan Stanley where he worked on trading and regulatory infrastructure development. At Polymesh, he is responsible for technical strategy and blockchain technology development.
Nick Cafaro - Head of Product: Responsible for the development of new products and solutions based on Polymesh.
Will Vaz-Jones - Head of Partnerships: He is responsible for the education, implementation and management of key partnerships. Moved to Polymath in early 2019 after working in the traditional financial sector where he was an analyst and then held roles in corporate and business development.
Graeme Moore - Head of Tokenization: Author of “B is for Bitcoin”. Prior to Polymesh, he was the first employee at Polymath, worked as Creative Director at Spartan Race, and was an associate at Canada's largest independent investment firm.
Francis O'Brien (FOB) - Head of Developer Relations: He joined Polymesh after actively participating in the Polymath community since 2017. He has become a key advocate for Polymesh due to his ability to explain the complex technical aspects of blockchain. Prior to that, he worked as an engineer in the oil and gas industry.
Robert Gabriel Jakabosky - Head of Applied Blockchain Research: He started programming in high school and then worked at AlphaTrade, a financial services company. At Polymesh, his work is related to blockchain research.
Amirreza Sarencheh - Cryptography and Blockchain Architect: His role involves working in cryptography and blockchain architecture.
The Polymesh team is a unique combination of experience, expertise and innovative approach, making it exceptionally strong in blockchain technology and financial innovation. It's a really cool team where each member brings their unique contribution, creating synergies towards a common goal of revolutionizing financial services through blockchain. With such a diverse and talented team, Polymesh is at the forefront of innovation, making it one of the most exciting asset tokenization projects to date.
Architecture
Most general purpose blockchains have a limited set of primitives, forcing functions such as security tokens and their management to be implemented via smart contracts, leading to scalability and performance issues. In Polymesh, financial primitives are integrated at the core of the blockchain, allowing users to operate the network with low predefined costs and enabling developers to build innovative decentralized applications (dApps).
Regulated Assets: These are the cornerstone of Polymesh. Leveraging Polymath's experience in creating the ERC-1400 standard, Polymesh aims to balance openness and transparency with compliance with jurisdictional requirements.
Identity: Crucial for all actions involving regulated securities. Polymesh makes identity a core element where all actions are performed through an identity rather than a public key. Identities are universal and permissioned, collecting a set of claims or attestations from network-approved or issuer-specific authorities. These claims are used for managing asset ownership, transfer, and other restrictions.
Record Keeping: Polymesh records all primary and secondary transfers of security tokens, ensuring that ownership data is transparently captured on the blockchain, which reduces information asymmetry between the issuer and token holders.
Capital Distribution: Polymesh allows issuers to distribute cash flows associated with assets by capturing ownership distribution data at fixed times. Distribution can occur on-chain using stablecoins, via external payment receipts, or through a combination of both.
Corporate Governance: Polymesh provides tools for corporate actions leveraging blockchain technology, combining transparency with the ability to vote privately, thus reducing the risk of vote manipulation.
Stablecoins: Polymesh supports stablecoins to facilitate on-chain activities like cash distributions at a fraction of traditional costs. Stablecoins can be pegged to any currency and issued by adequately licensed and capitalized third parties.
Economy
Enabling Economy:
Nominated Proof-of-Stake (NPoS): This consensus mechanism involves Validators, who are regulated entities responsible for running nodes and processing transactions, and Nominators, who stake POLYX on validators. Validators produce blocks, while Nominators stake on them to enhance network security.
Block Rewards: Distributed equally among Validators adhering to protocol rules, with a portion kept by Validators and the remainder distributed to Nominators based on their stake.
Bonding Period: Time during which staked POLYX is locked after a withdrawal request, adjustable via governance.
Finality: Achieved when more than two-thirds of Validators vote in favor of a block, ensuring quick and trusted finalization.
Internal Economy:
Network Reserve Funding: Sources include a transfer from Polymath's Ethereum-held reserve, protocol usage fees, and transaction fees.
Governance: Managed by the Polymesh Governing Council, with potential future governance by POLYX tokenholders.
POLYX Supply: No fixed supply; increases through block rewards, which are also funded by network fees, to support the NPoS mechanism.
Enabled Economy:
Fee Structure:
Transaction Fees: Charged based on transaction size and complexity.
Protocol Fees: For specific blockchain functions, set by the Governing Council.
Developer Fees: Set by developers for smart contracts/extensions, aiding in ecosystem development.
POLYX Utility:
Acts as gas for transactions, similar to ETH on Ethereum.
Encourages participation in blockchain security through staking.
Prevents spam by costing each transaction.
Funds ecosystem growth through grants.
Facilitates governance decisions by allowing staking for votes.
POLY to POLYX Upgrade:
A one-way bridge allows POLY token holders to upgrade to POLYX at a 1:1 ratio, with a requirement for identity validation to transact with POLYX.
This token economy structure aims to ensure the sustainability, security, and utility of the Polymesh blockchain, tailored specifically for regulated assets with an emphasis on compliance and governance.
Polymesh Private
Polymesh Private is a private blockchain infrastructure solution from Polymesh designed for institutions that require increased levels of privacy, control and compliance in their blockchain operations. With Polymesh Private, you can restrict access to the network, making it completely private, where only authorized participants have access to data and transactions. Suitable for companies and institutions that want to take advantage of blockchain technology for internal processes while maximizing privacy and control. This can be useful for testing new financial instruments or for transactions that require strict confidentiality.
Polymesh's Strategic Partnerships and Innovations
1. Institutional and Regulatory Compliance:
Fortuna Digital Custody Ltd.:
Fortuna, an esteemed institutional-grade digital asset custodian based in Ireland, has been approved as a node operator for the Polymesh blockchain. This partnership not only extends Polymesh's network into new European markets but also strengthens the blockchain's security and compliance framework by ensuring all node operators are known and regulated entities. This move aligns with Polymesh's commitment to regulated assets and institutional-grade operations.
2. Expanding Utility Across Sectors:
TokenTraxx's Music NFTs:
TokenTraxx has pioneered the issuance of music NFTs on Polymesh, marking a revolutionary step in the music industry. By leveraging Polymesh's infrastructure, TokenTraxx enables artists like Evan Malamud to directly monetize and distribute their music through NFTs. This initiative not only reduces dependency on intermediaries but also introduces new revenue streams for artists, showcasing Polymesh's versatility beyond traditional financial assets.
AlphaPoint's Integration for Asset Tokenization:
AlphaPoint, a global leader in digital asset infrastructure, has integrated Polymesh into its platforms for tokenization. This partnership simplifies the process of asset tokenization, offering enhanced security, compliance, and efficiency, particularly suited for regulated financial products.
On Chain Listings (OCL) for Real Estate:
OCL is transforming real estate transactions in Florida by integrating with Polymesh. This partnership leverages blockchain for AI-driven title verification and monitoring, aiming to reduce fraud and enhance transaction transparency and efficiency.
REtokens' Real Estate Tokenization:
REtokens has utilized Polymesh to tokenize $30 million in real estate assets, making property investment more accessible and liquid. This initiative demonstrates how Polymesh's features like governance, compliance, and secure settlement can revolutionize real estate investment by allowing fractional ownership and increasing market liquidity.
3. Interoperability and Ecosystem Expansion:
ZenCrypto UAB's Equinox Bridge:
The launch of the Equinox bridge by ZenCrypto facilitates interoperability between Polymesh and Ethereum, allowing for the seamless transfer and wrapping of assets. This bridge not only enhances the utility of POLYX, Polymesh's native token, but also broadens the network's reach by integrating with one of the largest blockchain ecosystems.
4. Strategic Alliances for Global Influence:
Global Blockchain Business Council (GBBC) Membership:
Joining the GBBC positions Polymesh at the forefront of policy-making and standard-setting in the blockchain industry, particularly in the realm of tokenized securities and real-world assets (RWAs), fostering greater institutional adoption and regulatory clarity.
5. Enhancing User Experience:
Talisman Wallet with Ledger Support:
The integration of Polymesh into the popular multi-chain Talisman Wallet, now compatible with Ledger hardware wallets, enhances the security and user experience for managing digital assets on Polymesh, reflecting the growing demand for secure, multi-chain wallet solutions.
These developments collectively highlight Polymesh's strategic focus on:
Compliance and Security: By partnering with regulated entities and focusing on regulated assets.
Innovation: Applying blockchain technology to new sectors like music and real estate.
Interoperability: Ensuring Polymesh assets can interact with other major blockchains.
Accessibility: Making investment opportunities in regulated assets more accessible to a broader audience.
Polymesh is not only expanding its technological capabilities but also its market presence, reinforcing its position as a leader in the tokenization of real-world assets.
Conclusion
Polymesh has significant prospects for growth, particularly in the context of growing interest in asset tokenization and the need for regulatory compliance. Its specialization in regulated assets, technological innovation and strategic partnerships create a sustainable foundation for future growth and adoption in the global financial market. At the moment, the project looks like Ethereum in its nascent stage. Get ready, tokenization is here, billion dollar companies are getting ready to tokenize via Polymesh!
Horban Brothers.
An Analysis and Outlook for the Goldfinch (Deep Research)Goldfinch is a decentralized lending protocol that seeks to expand access to capital by creating a global credit marketplace. Goldfinch aims to bring those who have traditionally been left out of financial services, especially in developing countries, into the credit system. This is accomplished through the creation of a single global credit marketplace where borrowers from startups in Lagos to large institutions in New York can access credit from the same capital markets.
RWA
Goldfinch plays a significant role in the real world assets (RWA) space in the context of decentralized finance (DeFi) by providing a unique approach to lending. Unlike many DeFi protocols that require cryptocurrency collateral, Goldfinch specializes in providing unsecured loans. This is accomplished through partnerships with real borrowers and organizations that evaluate borrowers' creditworthiness and RWAs, allowing for greater access to credit beyond the cryptocurrency sphere.
Goldfinch promotes the integration of traditional finance (TradFi) with DeFi through tokenization of real assets. This not only makes investing in DeFi more accessible and understandable for traditional investors, but also expands opportunities to generate income through real economic activity.
The protocol is based on TranchedPool and SeniorPool contracts. TranchedPool divides capital into junior and senior, where junior capital carries the most risk and senior capital is provided through SeniorPool. The CreditLine contract manages loan terms and repayments. Lenders receive ERC721 tokens confirming their right to repay capital and interest. The FIDU token is used to
representing shares in SeniorPool, and GFI is used to manage the protocol. UniqueIdentity and Go contracts define user access to protocol features, and Zapper facilitates the movement of funds between pools. GFI tokens are distributed through eirdrops, staking, and rewards for participants.
Team
Mike Sall and Blake West are co-founders of Goldfinch. Their involvement in the project aims to address financial imbalance by providing access to capital to low-income communities around the world through DeFi's decentralized lending protocol. Their initiative, Goldfinch, aims to serve over 2 million people in 20 countries by focusing on secured loans that are backed and fully secured off-chain. They talk a lot about their mission, discussing growth, improving the user experience at DeFi, and how they believe cryptocurrencies are changing the global economy. Their approach involves extensive user research, looking at various groups including financial giants like Blackrock and Apollo to understand and improve the user experience in the Web3 space.
Mark Roszak is listed as an advisor to Goldfinch, a DeFi project focused on providing access to capital to underserved communities. Given his experience, this role likely includes providing strategic advice on compliance, legal frameworks, and possibly business development.
Fundraising
Undisclosed Round (Feb. 2, 2021)
Raised: $1.00M
Investors:
Coinbase Ventures: Venture arm of Coinbase, one of the largest cryptocurrency exchanges, focusing on early-stage startups in blockchain and cryptocurrencies.
IDEO CoLab Ventures: Known for investing in companies using technology to solve social and environmental problems.
Variant: A venture capital firm focusing on crypto and blockchain technologies.
Stratos Technologies: A blockchain infrastructure company.
Robert Leshner: Founder of Compound Finance, bringing significant experience to DeFi.
Kindred Ventures: Focuses on early stage startups in the technology sector.
This round was key to establishing an initial base, likely used to develop core technology and initial market testing.
Seed Round (June 16, 2021) Raised: $11.00M
Investors:
Andreessen Horowitz (a16z): Lead investor in this round, known for his significant investments in blockchain and technology startups.
Balaji Srinivasan: Former CTO of Coinbase, a well-known figure in the crypto space.
Divergence Ventures: Venture capital focused on crypto and blockchain.
SV Angel: An early stage investment fund.
a_capital: Venture capital specializing in crypto and blockchain.
Ryan Selkis: Founder of Messari, a cryptocurrency market intelligence platform.
This Seed round would be key to scaling operations, expanding the team, and possibly starting to deploy the protocol in the real world.
Series A (Jan. 6, 2022) Raised: $25.00M Investors:
Andreessen Horowitz (a16z): Leading round again, showing strong support.
OrangeDAO: Decentralized venture fund.
Kingsway Capital: Venture capital with interests in blockchain. Blocktower Capital: Hedge fund and investment company,
focused on cryptocurrency.
Stratos Technologies: A returning investor indicating confidence in the direction of the project.
A Series A round usually signifies a project's willingness to significantly expand its operations, improve its technology, and possibly enter new markets or improve its current market presence.
Key Points:
Repeated investments from companies like a16z and Stratos Technologies indicate a strong belief in Goldfinch's mission and technology.
The mix of traditional venture capital, crypto-focused funds, and individual investors with significant influence in the DeFi space shows the broad appeal and potential of Goldfinch.
Each round seems to have been used strategically to build, scale and expand the project, in line with typical startup growth phases but tailored to the unique needs of the DeFi protocol.
Tokenomics
Initial offering: 114,285,714 GFI tokens. There is currently no inflation, but it is believed that the introduction of moderate
inflation in three years could benefit the protocol by rewarding future participants. This will ultimately be decided by the community.
Token distribution
Liquidity Providers (16.2%):
Early Liquidity Provider Program (4.2%): Early Liquidity Provider tokens for early capital contributors, with unlocking for 6 months starting January 11, 2022, and a 12-month transfer restriction for U.S. participants.
Retroactive Liquidity Provider Distribution (4.0%): For 5,157 liquidity providers as of the December 14 snapshot, excluding the early program, with various unlocking terms ranging from immediate to 12 months depending on the contribution.
Senior Pool Liquidity Mining (8.0%): For ongoing liquidity mining, details in the Liquidity Mining section.
Backers (8.0%):
Flight Academy (3.0%): For 10,182 participants outside the US, with unlock schedules ranging from immediate to 24 months.
Backer Pool Liquidity Mining (2.0%): Tokens are distributed as interest is paid, with retroactive distribution for existing backers.
Backer Staking (3.0%): For future staking by backers, not yet implemented but expected to be offered soon.
Auditors (3.0%): Reserved for future Auditors systems, not yet implemented.
Borrowers (3.0%): Reserved for possible future distribution to borrowers.
Contributors (0.65%): For those who have made significant contributions to the community, following a similar unlock schedule as Flight Academy.
Community Treasury (14.8%): For community decision-making such as grants, adjusting minutes, and covering loan defaults. Early and Future Team (28.4%): For initial team, advisors, and contractors, with various unlocking schedules.
Warbler Labs (4.4 %): For a separate Goldfinch-based organization, with a 3-year unlock schedule.
Early Supporters (21.6%): For 60+ early investors who contributed $37 million, with a 3-year unlock schedule, initial lockup, and transfer restrictions.
Airdrop
In January 2022, Goldfinch held its first major airdrop of GFI tokens. This airdrop was aimed at rewarding early adopters who actively supported and utilized the platform prior to the launch of the GFI token. Participants who contributed to the ecosystem received GFI tokens based on their activity and contribution. Criteria for participation in this airdrop included:
Conducting transactions on the platform. Participating in lending or investing.
Active participation in the community, for example through discussions and suggestions for improving the platform.
In total, about 15% of the total GFI offering was distributed to the participants of this airdrop. This helped to create an initial base of token holders interested in further development of the project.
During 2022, Goldfinch also conducted several airdrops aimed at attracting new users to the platform. These airdrops were aimed at incentivizing registration, platform usage, and lending participation. Participants had to complete certain actions such as:
Registering and creating an account on the platform.
Conducting their first transaction or investing in lending pools.
Participating in GFI token staking.
These airdrops helped to expand the user base and increase the number of active participants on the platform.
Market Data
Active Loans in the context of Goldfinch refer to loans that were issued by the protocol and are currently outstanding, meaning they have not been fully repaid or charged off.
Active loans are part of what Goldfinch calls borrower pools. Each pool represents the loan terms, interest rate and repayment schedule for a single borrower. Investors can contribute capital to these pools, effectively becoming lenders. These loans are designed to make a tangible impact by financing businesses that may not have access to traditional banking services or capital markets, especially in regions of low financial accessibility. Regarding TVL, the value continues to hold in the neighborhood of $70-80 million. This is the amount that investors and platform members have put into loan pools, including both senior and junior tranches, to lend to real businesses, especially in emerging markets. This figure suggests that Goldfinch has significant support from the DeFi community, enough to sustain lending operations. However, to fully understand it, one should compare this TVL with other DeFi protocols, consider its dynamics over time, and analyze how this figure relates to loan volume, interest rates, and defaults.
Such TVL may attract additional attention to the platform, both from potential investors and analysts, as it is an indicator not only of financial stability, but also of the potential for further growth and development.
Blockchain
According to our blockchain research we were able to determine that the project's investors still have not sold their assets and received their tokens from cryptocurrency exchange Coinbase.
Angel investors also received their tokens and continue to hold them.
Over the past week, a major player has become active and continues to buy coins at the market price. He has a total of about 10 wallets with a growing number of GFI coins. All wallets look like this.
To summarize from a blockchain perspective, Goldfinch has a good and sensible distribution of tokens among the big players. They will be the key price drivers, so you should pay attention to their transactions.
Conclusion
Goldfinch is focused on the RWA sector, which is expected to show strong growth during the current bull market. With DeFi rapidly evolving and gaining more attention, Goldfinch is at the forefront, offering a unique platform to bridge traditional finance and blockchain technology. Innovative model
Goldfinch, based on tokenizing real assets and integrating them into the DeFi ecosystem, opens new horizons for investors and borrowers. The platform not only provides access to credit, but also creates a bridge between traditional and decentralized finance, allowing investors to participate in the growth of the RWA sector through a transparent and automated smart contract system. In the current bullrun, where the RWA sector is starting to play an increasingly important role, Goldfinch is well positioned to become a key player, providing market participants with unique opportunities to grow and diversify their portfolios. The Protocol is ready to take a leading role in shaping the new financial landscape, offering solutions that not only meet current trends, but also pave the way for the future development of the global financial system.
Best wishes, Horban Brothers!
UPDATE on my IO post: This asset is infested with WHALE!Fundamental Developments
Limited Development Activity: While no major product launches or upgrades have been announced in recent months, IO.net has maintained its focus on decentralized AI.
Recognition by CB Ventures: IO.net was featured in CB Ventures' Crypto x AI Stack, highlighting its role in decentralized AI and machine learning compute solutions. This recognition could enhance IO.net’s credibility in the crypto and AI communities.