With Cakepad moving ever closer to its mainnet launch, and an impressive number of projects beginning to recognize the merits of the platform, we fully anticipate PulseChain to become a thriving ecosystem of products, tools, and services — joining the ranks of heavyweight smart contract platforms like Ethereum, Binance Smart Chain, Cardano, and others.

PreSale : 20% TGE, Than 4 month monthly release.

Public Sale : 20% TGE, Than 4 month monthly release.

Team : 1 Year Fully Locked than 5% month Monthly release.

Ecosystem : Release After 3 month Than 30 Month Monthly release.

Airdrop : 1 month Cliff Than 4 month monthly release.

Marketing : After 3 Month 60 Monthly release.

Reserve : After 6 Month 5 Month Monthly release.

Advisor : After 6 month 5 month Monthly release.

Liquidity : 20% TGE than 8% Monthly release.

***********************************

=============================

Website |Launchpad App| Twitter | Telegram |Telegram |LinkedIn

Official Website: https://cakepad.io/

Official Launchpad App : https://app.cakepad.io/

Official Twitter: https://twitter.com/CakePad

Official Telegram Group: https://t.me/CakePadchat

Official Telegram : https://t.me/CakePadofficials

Official LinkedIn : https://www.linkedin.com/in/cakepad/

NFT is another fashionable invention of programmers, which, in fact, is a unique entry in a distributed ledger (blockchain). As a rule, it can be sold / transferred to another person. Have you heard about shareholder registers or real estate registers? This is it, just decentralized and on the blockchain. An entry in the real estate registry confirms that you own a specific apartment. An entry in the register of shareholders confirms that you own a certain number of shares in a particular company.

NFT (token) entry confirms. And this is where it all starts: a token may confirm completely different things, or it may not confirm anything — it depends solely on the desire of companies and society to recognize or not recognize them. Here there can be both ephemeral “ownership of the original digital work”, which does not give any rights at all, and full-fledged sets of rights provided for by an agreement with the NFT exchange and the creator of the token.

And no, NFT is not a pyramid and not necessarily a scam — like other technologies, it can be used in different ways. But it cannot be denied that the concentration of scam projects on NFT now exceeds reasonable limits. Treat it like buying a genuine painting, although you can photograph, print, and hang in the closet.

NFTs have exploded due to the picture trading, this is not their only use. It just so happens that this thing works best with pictures. This is essentially the same as owning the original of a work of art.

The key difference is that it is much easier for an ordinary person to participate in transactions with NFT than in buying real paintings, which is why a rather large and active market has formed.

Pictures gave a boost to the popularity of NFT, and businesses began to look for ways to use this technology to make money. Some people suggest the further use of tokens, including in games and the “metaverse”, but here it is important not to repeat a common mistake and not draw direct analogies with the sale of pictures (do not forget to add a joke here about “Save picture as”)

I don’t deny that it’s possible to build a good game entirely on the concept of non-fungible tokens, but in the coming years this is the lot of indie authors. For example, Molyneux can get something like that, although at the moment his concept is no different from Star Citizen, whose authors sell virtual ships and hectares to players without any blockchains (and the olds can remember Entropia Universe with virtual land trading). You can also remember the project “Cryptokitties”, which is hardly related to games: it is based on the mechanism of “crossing” and obtaining new unique kittens, which somehow justifies the use of NFT.

In large projects like S.T.A.L.K.E.R. 2 or games, Ubisoft tokens are still planned to be used simply as a wrapper for traditional technologies for pumping money out of players: selling skins, bonuses for pre-orders, and so on. Try to find out for yourself the difference between “the developers will sell NFT for the appearance of a person in the game” and “the developers will add the appearance of five backers, who have invested a thousand bucks,” into the game.

Or between the promised Ubisoft marketplace and the Steam trading platform.

Yes, strictly speaking, “under the hood” they will work on different technologies (and even then they are just words), but for the players, most likely, there will be no difference. It makes no difference to you whether the information about your purchase is recorded somewhere in a centralized database or in the blockchain — the only important thing is that you get access to certain content in the game for which you paid. Well, it is beneficial for a company to draw attention to its product using buzzwords.

But jokes about copy-and-paste of jeepgs have little to do with reality, because in NFT games they confirm the rights not to some picture, but to certain in-game content.

Nope. The fact that the NFT technology itself does not allow the selection of tokens does not guarantee that you will retain the rights to your digital assets. Remember that NFT is a certificate. The developer cannot take the certificate itself from you, but nothing prevents him from “unlinking” it from the in-game content. Again, different operating principles “under the hood” with identical results for the players. Compare: “Ubisoft took away a unique rifle from the players” and “Ubisoft stopped giving NFT owners access to a unique rifle for it”.

To keep gamers on fire, the media wrote about these games, and boards of directors proudly reported to shareholders on the implementation of disruptive technologies.

The only gameplay application of NFT that comes to my mind so far is the ability to use the same token in different games. Since the registry exists separately, Ubisoft will be able to, say, sell a certificate for the Sam Fisher skin, which will be activated in Rainbow Six, Division and Watch Dogs. However, nothing prevented them from implementing something similar before without using blockchain, huh.

Otherwise, this is the same situation as with the hype on neural networks, big date, agile, etc., the labels of which were molded on everything (which does not negate the presence of projects that were really implemented on new technologies, but have there often been cases when huge gaming corporations experimented and created something qualitatively new?). However, in the comments we can brainstorm about promising ideas!

Or too late. Here’s how to look: perhaps we lost this war even when we accepted in-game purchases in a single player normally. I would suggest dealing with them, with the root of the problem, and not with its decorations in the form of NFT. On the other hand, now you can perfectly chop up karmas at the next blaze in the comments, why not.

You shouldn’t expect any special drawbacks from NFT in the near future either — believe me, marketing departments can ruin your pleasure from the game even without the newfangled blockchains. Well, let’s not talk about the waste of energy for calculating hashes — anyway, no one will believe that the like memes about Greta and “get it, nature!” gamers are suddenly environmentalists.

So write good comments, prepare battle pictures and brace yourself — there will only be more of such news. And may the Ancients help us.

Elliot has worked in blockchain and PR communications since early 2017, having previously worked with the likes of the Cardano Foundation, Occam Finance, Sygnum digital asset bank, Mode Bitcoin, and many more start-ups and established blockchain projects. Throughout his communications career, Elliot has been published in major tech outlets, airline magazines, newspapers, and more.

Elliot will elevate Verasity’s coverage in major publications through carefully placed PR, build out a content strategy to deliver regular news, tech deep-dives, and thought leadership to Verasity’s community, and help shape messaging around Verasity’s product verticals for enterprise clients. He will also explore using visual media, such as video content and regular podcasts, to give Verasity community members new ways to stay connected with our latest news!

Elliot says:

“I am incredibly excited to start with Verasity. I’m an avid gamer, blockchain enthusiast, and in my professional life I focus on advertising challenges and video publishing — so finding a role at the intersection of all three of these huge growth sectors is a dream come true. Verasity is undoubtedly one of the most exciting and rapidly growing blockchain projects in the entire space, and I look forward to producing a wealth of insights and content for the always-hungry Verasity community!”

Starting in January 2022, Elliot will soon make his introduction to the Verasity community, so make sure to give him a warm welcome.

Elliot is a custom-built PC Gamer (console lovers cover your eyes!) and enjoys playing CS:GO (although self-confessed quite badly), Halo Infinite, the Witcher titles, Cyberpunk 2077, and Kingdom Come: Deliverance.

He lives in the mountains of Snowdonia, an area of outstanding beauty in the Welsh countryside, and enjoys hiking, camping, fishing, and kayaking in his spare time!

Finally, before moving into the blockchain industry, Elliot gained a Masters of Research from the University of Wales, Bangor, and is fortunate enough to have had the opportunity to go through the rigorous peer-review publishing process — so he knows what it takes to deliver serious content which stands up to scrutiny!

To learn more about Elliot and his plans to grow Verasity’s communications, look out for his upcoming AMA in our community Telegram channel. Follow Elliot on Twitter or check out his LinkedIn here.

Riders !As D-day is slowly coming, it’s time to give you some details about relaunch..

First of all we wanted the original founders to be completely kicked out of the project: new contracts and new mint is the best way to do so.

Our portfolios all suffered from the decision BCB founders took, we’ll do everything we can to reduce your costs:

There is one difference between the two collections, Ride or Die Collective NFTs will be flipped as follows so you can easily distinguish them:

Please note: this visual modification won’t affect your NFT properties.

Everything stated above can be subject to change.

As some people probably forgot this project, not everyone will claim their free riders. We are taking advantage of this to send some unclaimed NFTs in our community wallet after minting and reduce total supply at the same time.

Please remember we are simply relaunching the collection: it means only BCB holders wallets can mint Ride or Die Collective NFTs.. and no funds will be raised through this mint as your riders are free !The team wants this project to be solid, this is why we are rebuilding almost from zero even if it costs time and money. Our funds are limited but we are convinced that working on solid basis is essential to build a successful project.

Follow us on Twitter: https://twitter.com/RideorDieNFTJoin our Discord: https://discord.com/invite/VXPFxJ7awy

#RideOrDie

For the crypto industry, 2021 has been a quite memorable and rewarding year. During the year, the total market capitalization and the prices of cryptocurrencies have hit record highs. There is a rapid increase in the number of institutional and individual investors who have noticed and started investing in cryptocurrencies.

Meanwhile, sectors such as emerging public chains, NFT, GameFi, DAO have made promising development and progress. For 2022, institutions have given their views and predictions on different fields, from which we can get instructive information.

From a global perspective, the COVID outbreak has undoubtedly made significant impacts on sectors such as the economy, trade, and finance, as it was controlled and managed poorly in many countries. In order to avoid another liquidity crisis, central banks continue to pursue accommodative economic policies. With this in mind, market risk appetite is high and that provides an upward impetus for all risk assets, and thus provides a good opportunity for the digital currency industry to grow.

The total market capitalization of cryptocurrencies is in an upward trend, rising from $750 billion at the beginning of the year to a record high of approximately $3 trillion. Crypto assets such as BTC and ETH are also at record high prices.

Figure 1: Total Digital Currency Market Capitalization (Source: CoinMarketCap)

Stable coins such as USDT and USDC are gaining increasing market recognition, their usage has surged greatly, and their market capitalization has also achieved significant growth. USDT and USDC, for example, started the year with a market cap of about $4 billion and currently has a market cap of about $42 billion, a more than 10-fold increase.

Figure 1: Market Value of USDC (Source:CoinMarketCap）

2. Emerging Public Blockchains

3. Emerging public blockchains such as Solana, Avalanche, Fantom, and Terra have seen a collective explosion, with their token prices rising dozens or even more than a hundredfold in just a few months. These public chain projects have advantages at performance and fee, taking up the spillover value from Ethereum in areas such as Defi. Meanwhile, the ecosystem of emerging public blockchains is booming.

4. DeFi

5. From a TVL perspective, DeFi projects were also growing at a high rate in 2021. TVL grew from $19 billion at the beginning of the year to approximately $260 billion, an increase of more than 13.6 times. The growth of DeFi projects brings development opportunities for emerging public chains, and the performance bottleneck and high price of Ether make some DeFi projects migrate to other blockchains.

6. Figure 3: Change in Total TVL (Source: DeFi Llama)

7. However, from a token price perspective, some top DeFi projects such as UNI, COMP, and CRV have underperformed ETH, with CRV being the only token to outperform ETH in terms of price.

8. Figure 4: Token price performance of head DeFi projects (Source: CoinGecko)

9. NFT and GameFi

10. From April 2021, NFT and GameFi entered a fast growth track. The market volume of NFT reached a peak of approximately $3.2 billion in August and had since entered a downward trend. GameFi, on the other hand, is growing exponentially, led by Axie Infinity.

11. Figure 5: NFT’s market trading volume (Source: The Block)

12. MEME Coin

13. Due to the influx of new investors into the digital currency market, MEME coins, represented by DOGE and SHIB, gained the favor of these investors. The maximum increase of Dogecoin is about 122 times in 2021, and the maximum increase of SHIB is even more than several hundred thousand times, which is astounding. However, there were accidental factors for the fame of the MEME coin, meaning the risk of participating in the investment is also higher.

14. Others

15. In addition to the areas mentioned above, significant progress were made in areas and products such as Layer 2, DAO, and Bitcoin ETFs.

16. Figure 6: TVL for Layer 2 (Source: L2BEAT)

17. A year ago, multiple institutions made forecasts for 2021, and we find it fascinating to look back at these forecasts now, and can see how well the market development fits with the forecasts of these institutions in the past year.

18. Messari’s prediction for DAI was spot on, with DAI’s market cap growing to over $9 billion in 2021. When the digital currency market is in a bull market, the market cap of tier-1 stablecoin rises significantly.

19. Figure 7: Dai’s market capitalization (Source: CoinMarketCap)

20. Messari saw Automated Market Maker (AMM) as a “0 to 1” innovation that would reveal its advantages over centralized exchanges in terms of applicability and liquidity. This has been achieved, as Uniswap has surpassed the majority of centralized exchanges in terms of trading volume, despite competition from other DEXs.

21. Messari believed that the high returns of DeFi projects would be unsustainable if the governance tokens obtained fromDeFi projects were not recognized by the market. Currently speaking, most projects are in the relatively low annualized return range, except for some of the new and high-quality DeFi projects.

22. That prediction came true as well. Not just interactions with Ether, but many cross-chain bridges for interactions between other ecosystems.

23. There were multiple DeFi attacks in 2021, such as Cream Finance, a well-known lending program, was attacked by flash loans and lost over $100 million.

24. Messari believed that vampire attacks want to outperform competitors by issuing tokens, mainly targeting projects that have not issued coins. Vampire-like attacks that were against OpenSea and Metamask received lots of attention in the late 2021, but both OpenSea and Metamask have relatively deep moats and the two vampire attacks did not affect the projects too much so far.

25. @The Block

26. This prediction was proven right. As mentioned earlier, the total digital currency market capitalization, as well as the mainstream digital currency prices were at all-time highs in 2021.

27. This prediction was also correct. there were about 1,700 digital currency industry financing deals in 2021, with over $25 billion invested, and of which, about 50% were related to DeFi, NFT, and gaming projects.

28. Recently, the Polkadot parallel chain slot auction is underway, and six projects have already been awarded parallel chain slots.

29. The Layer 2 project ecosystem is growing rapidly, with some DeFi projects already migrating to Layer 2. Interaction between Layer 2 projects, aka project composability, is the next issue to be addressed.

30. This prediction was rather accurate, as NFT and gaming projects took over the market attention after DeFi.

31. The prediction market did not make much progress in 2021 and has a lot of room to grow, while the Bitcoin Lightning Network is gaining momentum.

32. Bloomberg believes the U.S. will fully embrace cryptocurrencies and introduce new regulatory policies in 2022, which will lead to a price increase in cryptocurrencies. BTC and ETH will gain wider acceptance and the overall digital currency market is unlikely to see another pullback of around 50% as it did previously.

33. In addition, the normalization of the stock market will return and the continued decline in the U.S. Treasury yields may also affect BTC and ETH. Cryptocurrency is a risk asset and its price will face growth resistance if stock markets fall. But it could also be a major beneficiary if the falling stock prices put pressure on bond yields and make room for more liquidity injection.

34. BTC.

35. Bloomberg believes BTC is on its way to become a global digital collateral. Issues such as China’s regulation and energy consumption will improve, and BTC’s computing power is in a continuing upward trend. As a result, BTC will continue to move forward in 2022.

36. ETH.

37. Ethereum has always been leading new trends and is the preferred platform and hub for projects such as DeFi, NFT, and stablecoin. After the implementation of EIP-1559 protocol, ETH supply becomes even less, which will also benefit ETH prices. Meanwhile, Bloomberg also believes that there will be fierce public chain competition in 2022.

38. Messari believes that inflation will remain above 5% in 2022 (70% probability) and that the rate hikes will hinder the stock market and damage growth stocks (60% probability).

39. In the short term, these measures will benefit cryptocurrencies, but in the mid term, crypto market risks will rise. For cryptocurrency market movements, the most likely scenario is that there will be growth before the end of the first quarter and then followed by a long bear market.

40. For mainstream digital currencies, Bitcoin will be accepted and recognized by more institutions, and may become an asset reserve for other Layer 1 public chains; Ethereum is unlikely to surpass Bitcoin in 2022; and Messari is not optimistic about meme coins and privacy coins such as Monero.

41. For centralized stablecoins, USDT’s share of the stablecoin market cap dropped from 80% to 50%, but Tether’s importance in clearing cryptocurrency exchanges remained unchanged. For decentralized stablecoins, DAI remains the most widely used decentralized stablecoin; UST is building its own ecosystem and actively expanding from Terra to multiple chains; algorithmic stablecoins have room to grow.

42. Ethropy believes that after El Salvador, other countries will adopt BTC as legal tender; Institutional and individual investors such as MicroStrategy will buy more BTC; Several U.S. House and Senate candidates will accept digital currencies for campaign contributions during the 2022 midterm elections.

43. The growth of cryptocurrencies will largely depend on macroeconomic policies, and if there is hyperinflation, interest rate hikes and accelerated tapering, crypto will enter a bear market.

44. From the forecasts of several institutions on the crypto market mentioned above, we can see that the central bank’s policy has a great impact on the whole market.

45. Cipholio believes that due to the factors such as high inflation, the Fed will re-evaluate its quantitative easing strategy and is unlikely to continue such an accommodative policy in 2022, and of course, the Fed will not directly raise interest rates sharply.

46. The Fed’s balance sheet will probably grow steadily and try to raise interest rates in the process. The policies of the Fed and other central banks will have a big impact on the trend of cryptocurrencies, and it is certain that the policy impact in 2022 will not be as friendly as in 2021.

47. In a tightening cycle, Fed policy turns hawkish and begins to raise interest rates, which stops after a number of hikes and the cycle ends. At this point, the market expects the U.S. economy to top out and begin a recession.

48. Fed tapering will push up 10-year Treasury yields, which directly leads to a rise in risk-free rates, triggering the market to rebalance portfolios away from risky assets and towards risk-free or low-risk assets such as U.S. Treasuries and agency MBS.

49. There is a close relationship between the movement of U.S. technology stocks and the direction of U.S. monetary policy and the degree of monetary policy adjustment (spreads).

50. As the Fed keeps raising interest rates and the spread between long and short-term Treasury yields approaches zero, the stock market will plunge. The price movement of BTC has a high correlation with U.S. stocks, and the price of BTC will also decline.

51. Figure 8: Interest rates, spreads and volatility of US stocks

52. Blockchain Infrastructure

53. Despite the gradual increase in investment and attention around other public chain ecosystems, the investment in the Ethereum ecosystem is still the largest.

54. Many public chains are EVM-compatible, they can easily connect to Ethereum and Layer 2, and interactions are possible between these EVM-compatible public chains, such as Avalanche, BSC, Fantom, and so on. New industry technologies and trends all start with Ethereum as the foundation and then expand to other chains.

55. Layer 1 public blockchains exploded in 2021, and they will continue to develop their ecosystem in 2022. Layer 2 projects will also accelerate in development. Infrastructure such as cross-chain bridges will play an important role in this process.

56. Avalanche, Algorand, Dfinity, Near, Cardano, Fantom, Elrond, Celo, Harmony, and BSC are the next possible Layer 1 projects that will erupt. Layer 1 will need to continue to make trade-offs and optimizations in regards to decentralization, security, and performance.

57. A Layer 0 design logic can be seen across the architecture of Ethereum 2.0, Polkadot, and Cosmos IBC, where different blockchains in the ecosystem can share a settlement layer and have interoperability. Zero-knowledge proofs have a lot of potential, and many Layer 1 and Layer 2 projects are using zero-knowledge proof technology solutions.

58. If the future is multi-chain coexistence, then scalability and interoperability solutions are the core issues. Better cross-chain solutions that help assets circulate freely in Layer 1 and Layer 2 are very promising directions for future development.

59. Coinbase believes that Ether will be more scalable, but more public chains dedicated to gaming and social media (socialfi) will emerge; the availability of Layer 1 and Layer 2 bridges will improve significantly; and zero-knowledge proof technology will gain more attention.

60. The pattern of public chain competition will continue, and ethereum is not the only chain worth participating in. More countries will follow El Salvador’s example and make BTC a legal tender. In 2022, it is very unlikely that ETH will overtake BTC.

61. Ethropy believes that the Ethereum merger will be delayed by at least 2 months and a hard fork is likely; Bitcoin’s dominance will continue to decline; the Cosmos ecosystem will generate the newest wallets, the highest returns, and TVL growth; the multichain world will continue to exist; Layer 2 projects such as Arbitrum and Optimism will overtake and replace Solana, public chains such as Terra and Avalanche.

62. As we can get from the above-mentioned predictions of several institutions on the cryptocurrency market, Layer 1 and Layer 2 are still receiving a lot of attention and cross-chain projects will play an increasing role.

63. Cipholio believes that the development and competition between Layer 1 and Layer 2 will continue in 2022. Currently, projects in the Layer 1 ecosystem have better composability, and Layer 2 has higher performance and growth potential. Also, with the development of Layer 1 and Layer 2, cross-chain projects will see growth opportunities.

64. In Layer 2 track, Cipholio has invested in Boba Network, the star project of Layer 2, which uses the Optimistic Rollup technology solution and is EVM compatible, allowing projects in the ecosystem such as Ether to easily complete the migration. Currently, Boba Network’s TVL is ranked fourth among all Layer 2 projects.

65. Web3

66. The Block believes that one of the major trends in Web3 investments is distributed social network projects. Decentralized social networks can improve the operation mechanism of current social platforms and solve problems such as privacy leakage, revenue distribution and centralized censorship.

67. Currently, the main distributed social network projects are DeSo, RSS3 and Torum. In addition to distributed social network projects, another category of interest is IoT projects such as Helium. The Block believes that for Web3 projects, interoperability and switching between applications and blockchain networks will be most important, and projects that can play a role in this process include Axelar, LayerZero and deBridge.

68. Web3 is an inevitable trend. The younger generation is no longer willing to enter into the traditional investment created by the older generation. The emergence of DeFi, NFT, GameFi and SocialFi has broken the monopoly pattern of traditional agencies and brought new profit models for creators and users.

69. Decentralized domain name service projects ENS and Handshake are worth watching. Helium is one of the strongest performers in the Web3 space so far this year.

70. From the forecasts of several institutions on the cryptocurrency market mentioned above, we can see that Web3 is receiving a lot of discussions and is a highly regarded investment trend.

71. Cipholio believes that the popular projects of Web3 include DID, distributed storage, distributed computing, social and other kinds of application projects. When the accumulation of the number of users reaches a certain threshold, the Web3 ecosystem will explode massively. In this field, Cipholio has invested in projects such as Chingari, Metavisa and NFT3.

72. Chingari is an Indian project similar to TikTok, built within the Solana ecosystem. Through the blockchain approach, Chingari empowers the creator ecosystem, reducing the cost of value exchange and using more value to incentivize creators.

73. Currently, Chingari has over 70 million total users and has millions of daily users. NFT3 is Web3’s DID system, which adds an on-chain credit system compared to other DID projects and plans to develop multi-chain interoperability. As a necessary infrastructure for Web3, NFT3 has a lot of room for development.

74. NFT, Metaverse and GameFi

75. The Block believes that NFT offers a new way for content creators to monetize creators’ work using social tokens, digital artwork, collectibles, or in-game items. As a result, NFT could disrupt the music, collecting, and fashion luxury sectors.

76. Gaming guilds such as Yield Guild Games or Avocado Guild lend NFT assets to players and earn profits from them, thus removing the barrier between players and P2E games. Meanwhile, card collecting games are the direction to watch, which will be a huge potential market.

77. Messari believes that NFT creates a different kind of digital currency economic system, which is very promising, and the potential development is expected to scale beyond imagination. Currently, the NFT infrastructure is still not perfect, such as the NFT trading platform, developer tools, etc. There are still many investment opportunities. With the development of NFT infrastructure, Opensea may eventually become a company with a market cap of $10 billion.

78. Combinable NFTs, such as Loot, will become the backbone of the new Web3 native game series in the future. Meanwhile, P2E games will explode in 2022.

79. CoinList has concluded through user surveys that gaming is the item CoinList users want to see most. GameFi will grow in 2022, while gaming-centric platforms such as Flow and Immutable X will gain major traction.

80. Coinbase believes that NFT-based communities will bring competition to Web2 and that traditional brands will begin to actively participate in the Metaverse and NFT. 1confirmation believes that unlike other categories such as fine art, collectibles, and games, music NFT has not yet grown exponentially and that the music NFT market will see further growth. SBF is expecting to see a great game produced in 2022 which integrates NFT in a way that makes games better and attracts billions of video game users.

81. As can be seen from the above-mentioned forecasts, NFT infrastructure is the focus of attention, while game projects have a great potential for growth. Cipholio believes that NFT and GameFi projects will gain a lot of attention in 2021. NFT represents verifiably scarce, portable, and programmable digital fragment property.

82. GameFi projects are constantly developing and evolving, with the emergence of high-quality blockchain games and the sustainability of the project’s token economy model. In this space, Cipholio has invested in projects such as NFTSCAN, Mintverse, and Project Seed.

83. NFTSCAN is an ETH-based NFT asset browser with core functions including NFT asset information search query, transaction record query, NFT asset position data of wallet address, etc. It is the first product in the market to provide NFT API.

84. DeFi

85. After the rise of NFT and GameFi, the development of DeFi has slowed down. Meanwhile, regulatory policies also have a great impact on DeFi. However, in terms of primary market investment, DeFi is still the most popular area in 2021. DeFi projects such as DEX and decentralized stablecoins will grow further if the regulators regulate centralized exchanges and USD stablecoins in the future. At the same time, the security of DeFi projects is a concern.

86. Liquidity management is the way forward for AMM. Since the launch of Uniswap V3, it has been increasing its share of the DEX market and is currently the largest DEX. decentralized derivatives exchange has great growth potential. ceDeFi is a noteworthy direction. In the future, DeFi users may also need to undergo KYC. more good insurance-based projects will emerge in the market.

87. Coinbase believes that many DeFi protocols will be regulated and separate KYC user pools will be created; institutions will have a greater role in DeFi; and viable DeFi insurance protocols will emerge to secure users’ funds from security breaches.

88. Ethropy believes that the total TVL of DeFi projects will exceed $1 trillion; on-chain reputation systems will replace whitelists; UST will remain the largest decentralized stablecoin and will grow faster than centralized stablecoins such as USDT and USDC; cross-chain bridges are important infrastructure for DeFi and have a lot of room for growth; locked ETH derivatives (rETH, etc.) will grow 10 times, becoming the second-largest form of collateral after ETH; KYC plus credit will increase the utilization of funds for lending projects.

89. From the forecasts mentioned above, we can see that DeFi is entering a slow development phase and the regulatory policy will have a great impact on DeFi projects.

90. Cipholio believes that top projects have dominated in DEX, lending, and other tracks, the newly launched DeFi projects have very little room for innovation in mechanism design, There are still opportunities in on-chain credit, capital utilization, decentralized derivatives, etc. In this area, Cipholio has invested in projects such as Larix, XY Finance and IQ Protocol.

91. Larix is the lending portal for the Solana public chain, dedicated to serving asset holders across the Solana ecosystem with efficient and secure crypto-asset lending services. In terms of product form, Larix uses a dynamic interest rate model to create a more capital-efficient risk management pool that allows users to choose from a wider range of collateral types.

92. Through X Swap and Y Pool, XY Finance provides a fast, secure, decentralized way to enable cross-chain transactions and aggregate returns. IQ Protocol is the first cross-chain decentralized money marketplace for digital asset leasing, allowing users to rent digital assets without risk or collateral.

93. DAO

94. DAO and social tokens are a mechanism innovation for monetizing content and changing the mode of collaboration of people on the Internet. the application of DAO is very flexible and any project can adopt the form of DAO, so DAO will attract the interest of investors.

95. In the next 10 years, the open market governed by tokens will replace the corporate system, but there are still many things to improve before this can be realized.

96. Coinbase believes that DAOs will become more mature and mainstream, and more people will join and accept DAOs, prompting a change in the definition of employment. 1confirmation believes that Investment DAOs are the best way to expose the public to high-end NFT. @bitfish1 from Cobo expects a massive explosion and maturation of DAOs.

97. From the forecasts of several institutions on the cryptocurrency market mentioned above, we can see that DAO is receiving more and more attention and adoption. Cipholio believes that DAO is an important form of organization in Web3, with new ideas of transparency, co-construction and sharing, and has great potential. However, DAO has risks, and this relatively loose structure is very unstable in bad market conditions.

98. This research article is opinion/insights only, it should not be viewed as financial or investment advices in any form. Readers are advised to do their own research and analyze the market on their own.

99. 
    

The proposal:

The process:

General questions:

It makes holding CASH and earning rewards simple. Everyone loves Bitcoin and being able to pay holders from trading volume further aligns our values.

You will be behind everyone who sacrifices and not receive a portion of the V2 CASH set aside for community distribution after the upgrade.

Wait until CIP-2 passes and we begin the Sacrifice phase. The Sacrifice starting date assuming vote passes is March 15, 2022. Then, you unstake and sacrifice your V1 CASH, so you can claim V2 CASH.

We can’t remove the current unstaking fee, so we will reimburse holders who pay it. If you prefer to leave your stake active instead of unstaking, you will still receive all rewards correctly.

Voting for CIP-2 (Caash Improvement Proposal #2) is here. Once passed, we’ll focus on the Sacrifice phase and get all holders their V2 CASH.

There are many people with a special place in their heart for reflection / dividend paying tokens (including members of our core team) and we’re very confident this exciting move will help Caash as a whole reach new levels.

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