<?xml version="1.0" encoding="utf-8"?>
<rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/">
    <channel>
        <title>euphoricLion6</title>
        <link>https://paragraph.com/@euphoriclion6</link>
        <description>undefined</description>
        <lastBuildDate>Mon, 08 Jun 2026 12:05:32 GMT</lastBuildDate>
        <docs>https://validator.w3.org/feed/docs/rss2.html</docs>
        <generator>https://github.com/jpmonette/feed</generator>
        <language>en</language>
        <copyright>All rights reserved</copyright>
        <item>
            <title><![CDATA[What is HyperDex?]]></title>
            <link>https://paragraph.com/@euphoriclion6/what-is-hyperdex</link>
            <guid>vYOftpY5Pfowjue7XCzv</guid>
            <pubDate>Sat, 14 May 2022 18:34:44 GMT</pubDate>
            <description><![CDATA[Blockchain technology, specifically cryptocurrencies, have taken the world by storm within the last year. With the advent of blockchain came a whole new framework for creating and deploying applications, namely in a decentralized environment. As time went on, decentralized finance (coined ‘DeFi’) emerged as a solution aimed at solving the many inefficiencies with traditional finance (e.g. expensive fees, barriers to entry, etc.). As we continue to develop, extremely sophisticated financial pr...]]></description>
            <content:encoded><![CDATA[<p>Blockchain technology, specifically cryptocurrencies, have taken the world by storm within the last year. With the advent of blockchain came a whole new framework for creating and deploying applications, namely in a decentralized environment. As time went on, decentralized finance (coined ‘DeFi’) emerged as a solution aimed at solving the many inefficiencies with traditional finance (e.g. expensive fees, barriers to entry, etc.).</p><p>As we continue to develop, extremely sophisticated financial products are emerging and offering investors better returns than anywhere else in finance currently. However, this rapid development is creating a new set of challenges for users. As development speeds up, more and more complex financial instruments are being created resulting in a higher knowledge barrier for both new and existing users. Users that neglect understanding the protocols they use along with its functions risk precarious exposure of capital. In addition to this, it is difficult to curate profitable strategies in a 24/7, volatile, increasingly complex market.</p><p>If the new challenges created by DeFi are not addressed, a paradoxical situation may arise whereby DeFi becomes the least accessible sector in crypto and finance for retail investors.</p><p>HyperDex…</p><p>HyperDex offers users three primary investment strategies in the form of ‘Cubes’. Each investment strategy has a different risk associated with it, effectively allowing users to choose investments based on their own risk tolerance. The three main strategies are: fixed income, algo trading, and race trading.</p><p>Once a user selects a strategy, they may then choose from a set of parameters that indicate the investment’s details (e.g. asset deposited, expiration date, etc.). After specific parameters are chosen, the user simply deposits the quoted asset in order to initiate their investment. Based on the Cube’s terms, the user automatically earns a return upon expiration or in some cases if other conditions are met.</p><p>HyperCubes are used to increase a user’s overall return on a selected investment. This is achieved by simply depositing HYP tokens in addition to a Cube investment. For each investment type, a respective HyperCube may be created in order to receive additional benefits that ultimately increase overall returns.</p><p>These benefits include:</p><p>Think of HyperCubes as upgraded versions of normal investment Cubes. In addition to benefiting users with increased returns, creating a HyperCube is beneficial to the ecosystem as a whole, as HYP tokens must be purchased therefore increasing token demand and in turn token price.</p><p>Hyper Token (HYP) is the native token to the HyperDex platform. HYP is a BEP-20 token based on the Binance Smart Chain (BSC).</p><p>HYP tokens are used for a variety of functions within the HyperDex ecosystem. Use cases include creating HyperCubes along with receiving rewards from the farm and referral program.</p><p>To acquire HYP tokens, users must swap selected crypto assets via the token swap or a DEX (e.g. PancakeSwap).</p><p>An initial supply of HYP tokens is minted and sold in a series of rounds, whereby an equivalent amount of sold tokens is also distributed to HyperDex. The amount of HYP tokens initially minted will not exceed 200,000,000.</p><p>The token swap is used to acquire HYP tokens and may be accessed via the HyperDex website. There, users will have the ability to swap selected crypto assets for HYP, with more pairs to be included over time.</p><p>Users may also deposit liquidity into the token swap and earn a proportional share of fees generated over time.</p><p>Each swap will include a 0.25% fee, with 0.17% allocated to liquidity providers and 0.08% allocated to the HyperDex platform.</p><p>After depositing liquidity into the farm and receiving LP tokens, users may further deposit them in order to earn even more HYP rewards. Rewards to farm participants are fixed at a rate of 20% annualized, whereby this is split amongst all participants staking LP tokens.</p><p>By successfully referring other users to HyperDex, referrers may earn additional HYP rewards. In order to successfully refer a user, they must use your unique referral code and successfully invest in a cube. Once the referred user successfully invests in cube, they earn an additional 3–5% for their first investment. Meanwhile, the referring user also earns an additional 3–5% that is minted and distributed after the referred user’s first cube investment.</p>]]></content:encoded>
            <author>euphoriclion6@newsletter.paragraph.com (euphoricLion6)</author>
        </item>
        <item>
            <title><![CDATA[Story of Codyfight: Who are you fighting for?]]></title>
            <link>https://paragraph.com/@euphoriclion6/story-of-codyfight-who-are-you-fighting-for</link>
            <guid>nCQbU1AhFnpPTX14THKK</guid>
            <pubDate>Sat, 07 May 2022 06:08:32 GMT</pubDate>
            <description><![CDATA[import articles from ‘codyfight’ let article19 = articles.Storyline console.log(article19) If you forgot about or hadn’t read the history of the Codyfight metaverse, we strongly recommend that you check it out here before continuing since there are SPOILERS AHEAD about its content. Dear friends,We were victorious when we defeated Ryo and sealed him away at the core of a desolate gas giant. For years we have flourished together on Earth — both earthlings and robots cohabited peacefully, slowly...]]></description>
            <content:encoded><![CDATA[<p>import articles from ‘codyfight’</p><p>let article19 = articles.Storyline</p><p>console.log(article19)</p><p>If you forgot about or hadn’t read the history of the Codyfight metaverse, we strongly recommend that you check it out here before continuing since there are SPOILERS AHEAD about its content.</p><ul><li><br></li><li><p>Dear friends,</p></li><li><p>We were victorious when we defeated Ryo and sealed him away at the core of a desolate gas giant. For years we have flourished together on Earth — both earthlings and robots cohabited peacefully, slowly rebuilding and restoring the planet to its former glory. There is hope after all — with assistance from your humankind and the influx of new robots, we can look forward to the day we all live together on Earth once more.</p></li><li><p>It’s a shame though, my friends, that I must tell you trouble is brewing again. From what I’ve gathered, we underestimated Ryo. First, with his crafty wiles, he manipulated fellow prisoners into his crew and bribed the guards. Then, when new prisoners were being transported to the planet, they took advantage of the commotion to steal a spaceship and escape confinement.</p></li><li><p>As of this moment, Ryo stands here on Earth together with us. Reunited with his gang as soon as he came back, Ryo now commands an elite force much larger and more dangerous than ever before. Rumor has it that he even has access to a cloning machine; just imagine what he could accomplish with multiple versions of himself!</p></li><li><p>We need your help — every single one of you. Though Earth’s harsh, unlivable conditions still forbid you from setting foot home, you can help through your AI robots. I’ve been informed that some of you are very familiar with video games, and we need that. By controlling the robots just like how you do in video games, you can join the battle against Ryo and safeguard the future of Earth.</p></li><li><p>And thus, we are calling for the best gamers out there in the distant solar systems. If you are reading this message, we need your brainpower and intelligent tactics. Be directly involved with the chase and use your keyboard to outsmart the enemy. I’ll make sure you are handsomely rewarded.</p></li><li><p>We also need humanity’s most excellent programmers. Your algorithms empower the robots and pave their way to victory. Implement your magical codes — the modern era’s sorcery — and send Ryo’s minions scurrying back to their master. With time, your bots will grow to become your personal army.</p></li><li><p>As for the artists, your designs strike awe in our allies and fear in our enemies. With your affinity for beauty and grace, craft the most amazing robots ever known to humankind. Soon enough, your inventions will be dauntless warriors against the forces of evil.</p></li><li><p>We also welcome investors across the galaxy. With your massive wealth and a strong hunch for profit, invest and borrow codes from your fellow humans. Then, as your levied army strikes down the enemy, I’ll see to it that both of you gain rewards.</p></li><li><p>Last but not least, though it pains my heart to mention this, you must be wary of traitors in our midst. Ryo has put a bounty on my head, and I fear that there will be humans out there who can’t resist the temptation of wealth and recognition. Ryo promised to grant a large amount of a special and valuable token, codenamed $CTOK, to those who manage to capture me. From this moment on, I’ll be on the run, but please know my heart is with you at all times.</p></li><li><p>Today, we protect our homeland.</p></li><li><p>The Llama’s Call, circa 4096</p></li><li><p>// maximum message length exceeded</p></li><li><p>// thank you for reading</p></li><li><p>exit()</p></li><li><br></li></ul>]]></content:encoded>
            <author>euphoriclion6@newsletter.paragraph.com (euphoricLion6)</author>
        </item>
        <item>
            <title><![CDATA[Filecash and Blockchain Federation AMA Recap]]></title>
            <link>https://paragraph.com/@euphoriclion6/filecash-and-blockchain-federation-ama-recap</link>
            <guid>4ZqLhgWj3ZXDBUlqWbNJ</guid>
            <pubDate>Thu, 28 Apr 2022 17:15:47 GMT</pubDate>
            <description><![CDATA[Part 1: Intro questions from the HostPlease introduce your project Filecash and also share its Values & Consensus?Alright. Filecash is the first pre-fork project of Filecoin. It is an incentivization layer of the IPFS protocol, setting the goal of building the Web 3.0 basic storage engine, to make it the world’s leading distributed cloud storage platform. The core logic behind Filecash is to reduce the threshold of ecosystem participation through a series of technical optimization schemes and...]]></description>
            <content:encoded><![CDATA[<p>Part 1: Intro questions from the Host</p><ol><li><p>Please introduce your project Filecash and also share its Values &amp; Consensus?</p></li></ol><p>Alright. Filecash is the first pre-fork project of Filecoin. It is an incentivization layer of the IPFS protocol, setting the goal of building the Web 3.0 basic storage engine, to make it the world’s leading distributed cloud storage platform.</p><p>The core logic behind Filecash is to reduce the threshold of ecosystem participation through a series of technical optimization schemes and economic model improvements, to make the global idle storage resources participate in Filecash consensus, to reduce computing resource consumption, and to reduce sealing and storage costs, and form a close relationship between developers, miners, and communities.</p><p>The meaning of “pre-fork”: Filecash was forking from Filecoin before Filecoin’s mainnet launched, so we call this fork a “pre-fork”. On the other hand, the fork itself is also in line with the essence of the blockchain spirit. The open-source protocol is not controlled by anyone. If there is any disagreement on the original chain, each divergence point can be used as the starting point of various forks, and each fork will be a point of divergence with new beginnings and the development of different paths. In fact, the diversified development of different technical paths, different governance institutions, and different economic models on the same track has been completed.</p><ol start="2"><li><p>What are your main features that distinguish you from other projects and what competitive advantages do you have?</p></li></ol><p>If we say Filecoin is a more corporate-like operated cloud storage service, Filecash is a decentralized, algorithm managed blockchain project. Filecash doesn’t have human interfered KYC, and completely proceeds with verifications via algorithm. Filecash also doesn’t have officially defined “verified data”. As long as the customers have paid money to try to save data on the Filecash network, the data is valid data.</p><p>Currently, Filecash’s core changes to Filecoin technology and governance are as follows:</p><ol><li><p>The Sha256 algorithm of the Precommit 1 part is changed to sha512. This change made both AMD chip miner machines and Intel chip miner machines can mine Filecash, while Filecoin only supports AMD chip miner machines.</p></li><li><p>Change the sealing layers from 11 layers to 5~8 layers. To mine Filecoin, the 11 layers sealing procedure takes a lot of miner machine’s resources and network bandwidth resources, so Filecoin’s TPS is very low and this also caused the recent super-high Gas fee crisis. Filecash reduced the sealing layers to less than 8 layers to enhance the TPS and release more resources for the storage task.</p></li><li><p>32G sector is changed to 16G sector. Filecoin’s sector size is 32G, which means to seal a sector in the Filecoin project, the machine needs higher memory storage and system resources, while Filecash’s sector size is only 16G, so Filecash miners need less system resources to finish one sector’s sealing. When the client only needs to store a small size file, Filecash’s cost will be lower than Filecoin’s.</p></li><li><p>Filecash removed human interfered KYC and the “verified data”. Filecoin’s KYC and its “verified data” caused many arguments and disagreements in the Community, and Filecash removed both of them, to make sure that in the Filecash network, all the data paid by clients to store in the network is valid data.</p></li><li><p>How did you get the community involved in developing the project? and how do you build a strong community to grow globally?</p></li><li><p>As I’ve described above, Filecash project was initiated by IPFS community members, because some of them were not agreed with Filecoin’s certain rules. So Filecash itself is: initiated by the community, evolving by the community on and on.</p></li><li><p>Our desired markets are: South Korea, Japan, USA, Canada, UK, Germany, and other European countries, Russia.</p></li><li><p>Filecash has been developing the global community since its first day. From Japan, to South Korea, and will be expanding soon to Singapore, and many other countries. In the early this month, we’ve had the first-ever English &amp; Arabic dual language AMA with an Arabic crypto community, targeting the middle east region’s crypto investors.</p></li><li><p>We hope to have more and more local miners to start to mine Filecash, and the local traders to trade FIC tokens from the countries mentioned above, so we would love to collaborate with the local partners for the marketing promotions.</p></li><li><p>What and all partnerships or marketing initiatives are you working now to help build awareness for your platform?</p></li><li><p>To handle the marketing for Filecash, it includes two parts: unknown risk management, and the project marketing and promotion to the desired markets.</p></li><li><p>The risk management part:</p></li><li><p>On September 24th, 2021, Chinese government announced the strongest and total ban on Crypto to completely ban Chinese citizens to handle Crypto currencies. Filecash project has officially ended the marketing and promotions in China since September 24th 2021 as well. In this situation, many Chinese crypto investors are busy to sell their crypto currencies and empty their wallet on the exchange apps, so FIC price has been affected by Chinese market’s this trend and now we are seeing the price experiences turbulence.</p></li><li><p>The marketing expansion part:</p></li><li><p>There will be non-China Filecash nodes appearing more and more in the short future, so more miners from different countries will join and mine Filecash, this will also attract more countries’ crypto investors to come and buy FIC tokens. We expect to see FIC token price’s strong bounce-back when Filecash global community expands to more countries. In one word, Filecash is getting out of China-shock, and looking forward to a strong bounce-back.</p></li><li><p>Recently, we noticed that there is some mining company that sells FIC cloud mining product in South Korea, and also introduce Filecash project to more South Koreans. We expect to see Filecash’s first-ever new mining node from South Korea will appear on our worldwide node map soon. In the other hand, we are on the way to seek the opportunity to list FIC token to South Korea’s top-tier exchanges.</p></li><li><p>Also share your Economic Model and ecosystem of Filecash!</p></li><li><p>Filecash’s FIC token distribution: the total amount of FIC distribution is 2 billion: Miners mining part 55% (Linearly halved in 6 years), Layer2 incentive related part 30%, investors 10%, foundation 2.5% (6 years of linear release), development team 2.5%.</p></li><li><p>To initiate the Filecash mining, the miner should deposit certain amount of FIC token as collateral, during the mining period, if the miner fails to upload messages in time, or if the miner lost the customer’s data by mistake, the system will deduct the certain FIC token from the collateral FIC as punishment. When the miner does everything greatly, the miner will get FIC token as reward for the mining.</p></li><li><p>Filecash’s token is FIC, and it is listed on these exchanges already: Hotbit.io, Gate.io, MEXC and some other exchange apps. We will see FIC in more exchanges in the future. You can buy and sell FIC in those exchanges, and also keep your FIC in these exchanges’ wallets.</p></li><li><p>Part 2: Questions from Twitter</p></li><li><p>@mar360pis: In the previous AMA your milestones in 2022 are purely on engaging new nodes. Is there any development or any other objectives you intend to achieve in the whole 2022? Development?</p></li><li><p>Well, we’ve been observing Filecash’s original chain — Filecoin’s development in the whole 2021. Filecoin has achieved a big amount of total network power already, but their arrangement to expand and boost the ecosystem with various applications and related development, are moving very slowly. While Filecoin had declared the collaboration with NFT projects to store the NFT data on Filecoin network we hardly see Filecoin’s decentralized storage network is used for any massive data-transaction related applications yet.</p></li><li><p>That’s why when we plan Filecash’s Roadmap 2022, we make the realistic plan — expand the global nodes, and the total network power firstly. The world is still not familiar and ready to massively use IPFS protocol’s decentralized storage network system yet.</p></li><li><p>@AliKhan76659929: Where can I buy your tokens right now what is your current contract and how can I buy them??” Will you have any other DeFI feature like staking, yield farm or NFT in the future?</p></li><li><p>Our top recommendation to trade, keep FIC token asset is: Hotbit.io exchange app. This exchange app is quite reliable and stable.</p></li><li><p>We plan to launch the dual-mining staking smart contract, once our total network power and global nodes expansion reach to a milestone level.</p></li><li><p>About the NFT, the more realistic future collaboration with NFT project would be: the NFT’s key data would be stored on Filecash’s decentralized storage network.</p></li><li><p>@RanaHammad903: Is the ambassador program still available now?? if still, where exactly can we register and what are the benefits?</p></li><li><p>We do have our ambassador program. If you’re interested, you can submit via our (1) Email: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="mailto:filecash@file.cash">filecash@file.cash</a>; (2) Telegram: t.me/filecashglobal; (3) Twitter: twitter.com/filecashglobal.</p></li><li><p>We would pay in FIC tokens for your dedication to our community, and you can trade &amp; keep your FIC asset on Hotbit.io exchange app.</p></li><li><p>@kalsoom_mughal4: Binance smart Chain blockchain is having high transaction speed and cheap gas fees… Are you planning to launch your mainnet or switch to other blockchains in the future?</p></li><li><p>We are deeply interested in BSC, and will primely consider to launch our DeFi smart contract on BSC.</p></li><li><p>In the other hand, Filecash itself is an independent public chain, and it will continue to keep this status on and on.</p></li><li><p>@Cryptoglobal_43: Sometimes it happens that plans do not work according to what we think. So, is there any backup ready if your roadmap does not go in right direction?</p></li><li><p>As I’ve described in the earlier question, Filecash had confronted an unexpected risk/obstacle from China: since September 24th 2021, China had totally banned crypto related everything, this caused our project experienced the huge turbulence of the FIC token price, and the project had to terminate its all marketing efforts in China since September 24th 2021.</p></li><li><p>However, this unexpected risk didn’t turn down Filecash, while Filecash started to look forward to expand its global nodes and total network power by the marketing efforts in the other countries, and it started to show the effect little by little.</p></li><li><p>So, when unexpected risks happened, we optimized our strategy to deal with the risks, then found the way to continue to move forward to our fixed goal.</p></li><li><br></li></ol>]]></content:encoded>
            <author>euphoriclion6@newsletter.paragraph.com (euphoricLion6)</author>
        </item>
        <item>
            <title><![CDATA[Inflation, Correlation and Hope: Bitcoin Metrics | Crypto Market Update 1.14]]></title>
            <link>https://paragraph.com/@euphoriclion6/inflation-correlation-and-hope-bitcoin-metrics-crypto-market-update-1-14</link>
            <guid>rd6QZkQchR7fYBCxkCd7</guid>
            <pubDate>Thu, 21 Apr 2022 09:49:43 GMT</pubDate>
            <description><![CDATA[Disclaimer: I am not a financial advisor, everything on this report is financial opinion. Please consult your financial advisor before participating in crypto.]]></description>
            <content:encoded><![CDATA[<p>Disclaimer: I am not a financial advisor, everything on this report is financial opinion. Please consult your financial advisor before participating in crypto.</p>]]></content:encoded>
            <author>euphoriclion6@newsletter.paragraph.com (euphoricLion6)</author>
        </item>
        <item>
            <title><![CDATA[Harvest Chronicle- Next-Gen NFT-Based Metaverse Simulation Game]]></title>
            <link>https://paragraph.com/@euphoriclion6/harvest-chronicle-next-gen-nft-based-metaverse-simulation-game</link>
            <guid>yx7OcPPCao4QLRhgDqvn</guid>
            <pubDate>Thu, 14 Apr 2022 10:45:24 GMT</pubDate>
            <description><![CDATA[GameFi combines the excitement of winning a prize with innovative crypto developments in what’s called DeFi. Users of GameFi can trade, rent, or lend out their winnings. They can even borrow money against them. As its popularity grows, there’s a debate about whether GameFi will change the way people play games or just take their money. Some people have been borrowing to play on GameFi. It raises the possibility that GameFi could become a kind of digital sharecropping. There are two technologi...]]></description>
            <content:encoded><![CDATA[<p>GameFi combines the excitement of winning a prize with innovative crypto developments in what’s called DeFi. Users of GameFi can trade, rent, or lend out their winnings. They can even borrow money against them. As its popularity grows, there’s a debate about whether GameFi will change the way people play games or just take their money. Some people have been borrowing to play on GameFi. It raises the possibility that GameFi could become a kind of digital sharecropping.</p><p>There are two technologies in Harvest Chronicle: NFT (Non-Fungible Token) and DeFi (Decentralized Finance). DeFi lets players purchase in-game assets. On the other hand, NFT lets players earn profits by playing for rewards (tokens).</p><p>The Harvest Chronicle goal is to bring many people into the blockchain world and try out new types of games that use blockchain technology. It also has its specialized token called HCC ($). It is an application-based and governance token based on the Smart Chain of Binance that will be used in many parts of the Harvest Chronicle game ecosystem and more.</p><p>In many games, especially MMOs, players acquire digital items to advance. Such as weapons, armors, or other equipment. The items are normally obtained by completing challenges and quests or purchasing loot boxes with genuine money. You can customize your character with in-game currencies and skins, but none of them may be sold to players for cash.</p><p>It is where GameFi- Play-To-Earn Business Model comes in. Leveraging on the preservation of blockchain technology, game developers may develop in-game products and incentives that are indisputably unique and transferrable. The rewards include native digital currencies, staking, and NFTs. Once converted, coins can be exported into crypto wallets and sold to players via secondary markets or in-house trading platforms. This business model- Play-To-Earn, rewards participants for their effort and time.</p><p>In Harvest Chronicle, players can earn token awards that are required to breed more sheep and can be sold to other players.</p><p>Players that participate in its economy can add value to other developers and players. They get in-game assets in return. In-game resources and cryptocurrencies can be tokenized as digital assets on the blockchain. So the play-to-earn model is perfect for blockchain games in today’s times.</p><p>HCC (Harvest Chronicle Coins) is an application-based governance token for the HC ecosystem based on BEP-20. It can be used in many different ways and plays a big role in community and gaming governance.</p><p>Binance Chain was made to make trading on the non-custodial platform of Binance as fast as possible. On the other hand, BEP20 is a set of regulations that all tokens made on BSC must follow.</p><p>The Harvest Chronicle team includes blockchain experts and traditional game studios. In addition, it includes experts in operations, technological development, game creation, graphic design, and economics.</p><p>Harvest Chronicle (HC) will be the Next-Gen DAO Metaverse Simulation. It will connect all participants in GameFi so that gamers may truly “Play to Earn” on BSC. Based on NFT and BSC, it creates a shared value network and establishes virtual asset ownership.</p><p>Players may enjoy the game, contribute, and earn money to construct together. The HC team is receptive to community feedback, grows alongside players, and prioritizes player interests.</p>]]></content:encoded>
            <author>euphoriclion6@newsletter.paragraph.com (euphoricLion6)</author>
        </item>
        <item>
            <title><![CDATA[A Realistic Perspective Of Crypto In 2022]]></title>
            <link>https://paragraph.com/@euphoriclion6/a-realistic-perspective-of-crypto-in-2022</link>
            <guid>sqHDTDwMLPz4ELKNkRt9</guid>
            <pubDate>Wed, 06 Apr 2022 08:03:13 GMT</pubDate>
            <description><![CDATA[I love you crypto, but we need to talk. There are a lot of folks perpetuating hype and speculation, which is unfortunately going to end up burning a lot of people, which is unfortunately going to make this revolution take longer to occur. Why don’t we, just for a moment, get super super honest about what it probably going to happen in 2022. Government RegulationFirstly, although we saw some good progress as far as governmental understanding of crypto, we are a long way off from having permane...]]></description>
            <content:encoded><![CDATA[<p>I love you crypto, but we need to talk.</p><p>There are a lot of folks perpetuating hype and speculation, which is unfortunately going to end up burning a lot of people, which is unfortunately going to make this revolution take longer to occur.</p><p>Why don’t we, just for a moment, get super super honest about what it probably going to happen in 2022.</p><p>Government RegulationFirstly, although we saw some good progress as far as governmental understanding of crypto, we are a long way off from having permanent pro-crypto regulation passed. Most likely, we are going to get beaten down a bit by people in Washington who don’t fully understand this enough to make good decisions FIRST, and then we’ll slowly, over time reach a more balanced regulatory standpoint. There will probably be a regulatory clampdown on stablecoins, with less harsh but not totally friendly positions on KYC, dex’s, cex’s, NFT’s and yield farming. Some sort of rulebook will probably be published late 2022, but will be a work in progress until probably 2025 at the earliest. Overall, this is short-term bearish for us, but probably long-term bullish as I’m hopeful the US will realize that crypto is a way for USD to achieve greater market share and widespread adoption.</p><p>Institutional MoneyUntil the regulators give the green light, big big big money that does probably want to get into crypto will be unable to get into crypto in the way that it wants to and can. This will prevent massive liquidity from entering our space for a while, possibly not even in 2022. We’re early, so we have first mover advantage, and can make institutions our bag holders, but only if we can survive with the right bags until they come in. This is short-term bearish, long-term ultra bullish.</p><p>L1’s &amp; L2’sIn the long-run, people will transact on L2’s and only whales, institutions or other projects will transact on L1’s. Those who don’t adapt to this paradigm will die, as they should. However, L2’s aren’t ready for mass adoption as of January 2022, and we’ll experience awkward teenage years of pimples and voice cracks as the market is making this transition real. Gas prices on L1’s will continue to go up forever, and we will probably start to see real migration of people to L2’s mid to late 2022 (Q3-Q4). Lots of potential here to make bets on the technologies that will benefit from the migration to L2’s, so plan accordingly but expect delays in migration since entire market shifts can often take longer to play out than you think. Early movers who can allocate and position themselves properly will make a killing on this migration.</p><p>NFTsThese glorious pieces of technology are going to go absolutely nuts in 2022 as the use cases become apparent to non-native crypto people. Music, gaming, video, art, property, etc. will all start and continue to transition to NFTs as the foundational technology that solves problems of ownership and royalties. As creators realize what this means for them, there will be significantly more people “going direct” with their communities. Instead of sharing revenue 50/50 (or worse) with platforms like YouTube, Twitch, etc., the creators in our economy will rapidly adopt the use of NFTs to monetize their creations and remove as many ads or other monetization points on their content as possible. We’re already seeing mass creator migration to using NFTs, and this is going to accelerate very rapidly in 2022 and beyond. By 2025 at the latest, creators will use NFTs to publish their work by default.</p><p>DeFiDeFi is going to have a tough road in 2022. People are not really entering the defi space first anymore, since they have better alternatives in the form of gaming, NFTs, etc. Defi must adapt with the times and plug in to the backend of these new crypto use cases so that it can acquire new users without the users realizing they are using defi. In other words, it must hide in plain sight and become an integral piece of infrastructure for everything else in crypto that nobody has to actually opt-in to use. It must become the platform that things are built on, an internal cog in the wheel of innovation and new products that are being built on the blockchain as we speak. If it does not make the on and off ramps for fiat to crypto and back again as easy as “Sign In With Google” then it will be very difficult to continue growing. 2022 will be tough for defi projects that aren’t innovating and building great products. There are gains to be had, especially if you’re a talented farmer, but this won’t be an up only sector of the market.</p><p>The Metaverse &amp; GamingThis space will be a shining light for crypto for the next decade, as it is probably the single most important use case crypto has right now to onboard the next billion users. Whether it be games where people can earn or worlds created for people to hangout in and just exist, the metaverse is the next evolution of the internet. The more integral crypto and blockchain technology can become to everyone’s day to day digital activities under the hood — which will first occur in video games but then expand from there — the more that people will be adopting crypto and not even realizing it. Eventually, spending time with friends, playing games, networking, creating content, shopping, social media, music, etc., — just about everything we do — will be virtually recreated in the metaverse. However, 2022 will be just the beginning, so we need to be careful about allocating to this space. Make good decisions this year, and you will be a queen or king for the rest of your life. Make poor decisions, and you will need to try again next year when I’m saying similar things except you’ll have probably 50 million more people competing with you.</p><p>A lot of these predictions are, unfortunately, short-term bearish, mid-term cautiously bullish, and long-term ultra moonboi bullish. Over time, crypto is of course up only, but we will face a rocky road to get there. We need to get regulation squared away, bring big money in, and continue attracting amazing talent from web2.</p><p>All in all, 2022 will have a lot of losers who ape but get rekt, a medium amount of survivors who do their research and maybe make or lose a little bit but nothing life changing, and a few who get lucky or really put in the time and energy to understand what is happening, figure out how to play it properly, and execute effectively.</p><p>If you’re new to the space, invest with your time not your money or start investing your money by yield farming stables and play/experiment with your house money earnings. Find smart people to listen to and then actually listen. Try, fail, learn. Just survive and learn for now. Get paid to help new projects. Bring your talents into the space and earn your way into house money to play with so you can learn.</p><p>If you’re not new to the space, continue putting in your reps, think for yourself, maintain your convictions, and god speed to your compounding. Also consider sharing what you’ve learned. The newbies need you, and the industry needs all of us.</p><p>Regardless of where you are, remember Warren Buffett’s journey to billions…</p><p>If you notice, he didn’t make it all in one year, and sometimes he lost money.</p><p>You do not need to hit a grand slam this year. Keep hitting singles consistently. Continue growing and compounding over time.</p><p>WAGMI!</p>]]></content:encoded>
            <author>euphoriclion6@newsletter.paragraph.com (euphoricLion6)</author>
        </item>
    </channel>
</rss>