Cryptocurrency: which alt-coins are the globalist corporations backing and why?

[Jayke]

Posted by seehas (here)

Posted by Mypos (here)
The time has finally come! Opulous will be listed tomorrow on exchanges. Kucoin, Uniswap and Pancakeswap. I think its pretty rare to be listed on 3 platforms at the same time? Maybe Jayke can give some more comments.

whats the current price couldnt find anything

We won’t know until it gets listed tomorrow. The ICO price was $0.05, so not sure if it’ll be the same when it’s first listed. Probably won’t stay that price for long though. Another Algorand project ‘SmileCoin’ was released on MEXC yesterday. Was listed for 1c and shot up to 5c right away, before settling back down to 2c where it is now.

Opulous is both an Algorand ASA as well as being an Ethereum ERC-20 token. They’re using Algorand for all the in-house stuff, the back end payments processing in their DeFi app, but the token itself is cross-chain.

For the listings, Kucoin does Algo and Eth integration, Uniswap is for the Eth crowd, pancake swap uses Binance smart chain. Although from Kucoin’s press release it says they’re only supporting the ERC-20 token on launch tomorrow. So, I don’t know if I’m going to buy any tomorrow, I’ll have to keep tabs on the Kucoin listing to see if they will actually support the OPUL ASA (Algorand Standard Asset). I bought another bag of Algorand on the dip yesterday, in anticipation of the OPUL launch, but if the ASA isn’t supported tomorrow, I’ll keep hold of those Algo to invest in Tinyman instead, the first Automated Market Maker on Algorand, which should be going live any day now.
https://mobile.twitter.com/YieldlyFi...44312748810244

The Smile coin team did an interview before their launch yesterday where they let slip they’ll be partnering with Yieldly, which will let you stake Yieldly tokens to earn Smile coins. Smile coin actually sounds really interesting, it makes sense why Yieldly partnered with Esports and Algorand partnered with the drone racing league, Smile coin is looking to be the online currency that the esport gaming community uses to integrate all online gaming transactions and payments.

Source: https://youtube.com/watch?v=vB86rgYhHi0

The Yieldly partnership with Opulous was due to be announced soon as well so I might just try and earn my OPUL tokens through staking my YLDY if the Eth-heads drive the OPUL price up too much tomorrow before the ASA listing version is announced.

MEXC is the go-to centralised exchange for ASA listings right now so I expect an announcement from them soon if Kucoin just stays with the ERC-20 version of OPUL.
https://mobile.twitter.com/Algorand/...37373530664960

[Mypos]

Posted by seehas (here)

Posted by Mypos (here)
The time has finally come! Opulous will be listed tomorrow on exchanges. Kucoin, Uniswap and Pancakeswap. I think its pretty rare to be listed on 3 platforms at the same time? Maybe Jayke can give some more comments.

whats the current price couldnt find anything

ICO price is 0.05 dollar but i dont think you will be able to buy it for that price. It will probably spike direct.

[Jayke]

Wow, Avalanch’s first DeFi project gets hacked for $35 million on its first day of operation.

https://mobile.twitter.com/Cointeleg...62052421902347

[Mypos]

Posted by Jayke (here)

Posted by seehas (here)

Posted by Mypos (here)
The time has finally come! Opulous will be listed tomorrow on exchanges. Kucoin, Uniswap and Pancakeswap. I think its pretty rare to be listed on 3 platforms at the same time? Maybe Jayke can give some more comments.

whats the current price couldnt find anything

We won’t know until it gets listed tomorrow. The ICO price was $0.05, so not sure if it’ll be the same when it’s first listed. Probably won’t stay that price for long though. Another Algorand project ‘SmileCoin’ was released on MEXC yesterday. Was listed for 1c and shot up to 5c right away, before settling back down to 2c where it is now.

Opulous is both an Algorand ASA as well as being an Ethereum ERC-20 token. They’re using Algorand for all the in-house stuff, the back end payments processing in their DeFi app, but the token itself is cross-chain.

For the listings, Kucoin does Algo and Eth integration, Uniswap is for the Eth crowd, pancake swap uses Binance smart chain. Although from Kucoin’s press release it says they’re only supporting the ERC-20 token on launch tomorrow. So, I don’t know if I’m going to buy any tomorrow, I’ll have to keep tabs on the Kucoin listing to see if they will actually support the OPUL ASA (Algorand Standard Asset). I bought another bag of Algorand on the dip yesterday, in anticipation of the OPUL launch, but if the ASA isn’t supported tomorrow, I’ll keep hold of those Algo to invest in Tinyman instead, the first Automated Market Maker on Algorand, which should be going live any day now.
https://mobile.twitter.com/YieldlyFi...44312748810244

The Smile coin team did an interview before their launch yesterday where they let slip they’ll be partnering with Yieldly, which will let you stake Yieldly tokens to earn Smile coins. Smile coin actually sounds really interesting, it makes sense why Yieldly partnered with Esports and Algorand partnered with the drone racing league, Smile coin is looking to be the online currency that the esport gaming community uses to integrate all online gaming transactions and payments.

Source: https://youtube.com/watch?v=vB86rgYhHi0

The Yieldly partnership with Opulous was due to be announced soon as well so I might just try and earn my OPUL tokens through staking my YLDY if the Eth-heads drive the OPUL price up too much tomorrow before the ASA listing version is announced.

MEXC is the go-to centralised exchange for ASA listings right now so I expect an announcement from them soon if Kucoin just stays with the ERC-20 version of OPUL.
https://mobile.twitter.com/Algorand/...37373530664960

Thx Jayke! Very elaborate as allways. Much honour and appreciation!

Im in the Tinyman Telegram group and as i understand it they will not be doing a Tinyman Token before next year. They are also not doing ICO or airdrops as how i understand it now. So i dont think there is a way to invest for the moment.

[Jayke]

Posted by Mypos (here)
Thx Jayke! Very elaborate as allways. Much honour and appreciation!

Im in the Tinyman Telegram group and as i understand it they will not be doing a Tinyman Token before next year. They are also not doing ICO or airdrops as how i understand it now. So i dont think there is a way to invest for the moment.

Oh man, that’s disappointing, Tinyman is going to be huge for the ecosystem. At least it gives longer to save up. I might just bite the bullet and buy the ERC-20 token on Kucoin. Some big names already backing the OPUL launch. They’ve even got Mr Beast, one of the biggest Youtube influencers, with 70 million subscribers onboard. Would only take one tweet or YouTube vid from someone like that to launch the OPUL rocket ship.

https://mobile.twitter.com/opulousap...72049228558339

Even at 100x, 124 million is still considered a microcap in the crypto world.

https://mobile.twitter.com/top7ico/s...59978936000518

[Antagenet]

Im a little sick of just buying and holding cryptos and watching them go up down up down up down...
so
I'm getting more into NFT projects
(my favorite is gambling apes, 7,777 owners will share profit from 2 online casinos)
https://gamblingapes.com/

and especially play to earn and pay to play crypto projects,
DeRace is selling there first horse racing horsies on Binance tomorrow, and then next week
on their own platform.
https://www.derace.com/

[Jayke]

So OPUL did an instant 50x on launch. I was there the minute it dropped on Kucoin and couldn’t get an order in as it was going up so quick. Settled down to $1 per token now though, still 20x from the ICO price. Anyone that got a prelaunch allocation must be feeling pretty happy right now. :

I ended up just using my OPUL allocation to buy more Yieldly instead. Yieldly’s only done 10x since it launched, still plenty of room for growth for both projects.

[Jayke]

Dr Robert Malone, inventor of the mRNA vaccine, whose been exposing the Covid-19 scamdemic via his twitter account, has recently adopted blockchain technology to get real healthcare science to the public.

https://mobile.twitter.com/RWMaloneM...21561142595586

[Jayke]

This development is huge for adoption. AlgoPay, embed a payment portal on your website with just a couple lines of code, which makes receiving payments of any Algorand ASA easier than using PayPal.

https://mobile.twitter.com/KeliCalla...74679952003074

https://mobile.twitter.com/Headline_...61988890091520

Rand Gallery also introduces RandSwap.com, where people can atomic swap items in their NFT collections.
https://mobile.twitter.com/al_goanna...65256307642377

[Jayke]

Boom! This is why I’ve been stacking yieldly! Get ready for the pool party!

https://mobile.twitter.com/YieldlyFi...04098901749762

~~~~~~~~~~~~~~

• https://yieldly.finance/yieldly-laun...quidity-pools/

Yieldly Launches First Multi-Asset Liquidity Pools on Algorand
September 27, 2021

Yieldly is delighted to announce the next crucial building block in Algorand’s DeFi ecosystem — the launch of new partnerships and liquidity pools with the four largest Algorand Standard Assets (ASAs): Xfinite (XET), Smile Coin Network (SMILE), the Asia Reserve Currency Coin (ARCC) from the International Blockchain Monetary Reserve, and Opulous (OPUL). These exciting new projects each have their own unique use cases. Their pools will bring additional liquidity and encourage institutional growth for Yieldly and the Algorand ecosystem that powers it.

What this means for Yieldly, Algorand, and you

The unveiling of these multi-asset liquidity pools stands to foster greater utility for both Yieldly and the broader Algorand ecosystem and provides projects the ability to garner better user adoption and liquidity by distributing their tokens to the community. In turn, this will render a channel for even more projects to develop on Algorand, further expanding Yieldly’s utility. The partnerships will enable projects to distribute their native tokens to the 15k+ Yieldly DeFi community and much larger 10m+ Algorand community. The benefits to the users are that anybody can stake in these pools and generate rewards.

The launch of Yieldly’s new liquidity pools, enabling greater utility for the ecosystem, follows soon after the launch of Algorand Foundation’s $300m USD Fund designed to support DeFi innovation and provide liquidity incentives to the Algorand DeFi ecosystem.

Yieldly’s liquidity pools will launch as follows: Opulous liquidity pool to launch 27 September EDT, Smile Coin liquidity pool to launch 30 September EDT (1 October AEST), followed by Xfinite in mid October and then IBMR’s pool.

The rewards generated from Yieldly’s multi-asset liquidity pools will mainly depend on the size of the stake and how long a user stakes. Anybody in the pool has the freedom to stake, unstake or claim their rewards at any time — making for a great way to get rewards, all while also supporting the growth and adoption of both Algorand and Yieldly!

The new partner tokens (and what they do)

Smile Coin Network (SMILE)
SMILE aims to decentralize gaming by enabling users to view, manage, and track their gaming activity on an open, public infrastructure. The blockchain-based network will create a decentralized platform for gamers to manage and control the use of their gaming data and leverage AI-tools to optimize performance. Their offerings will also include streamlined financing for gaming companies and alternatives for payment processing allows gaming companies to process payments, deposits, and withdrawals in major global currencies, so players can participate from any jurisdiction.

Asia Reserve Currency Coin (ARCC)

ARCC is the token being used by the International Blockchain Monetary Reserve. IBMR’s mission is to break the cycle of poverty, exploitation, and wealth disparity in failing emerging markets through the decentralized network effects of blockchain technology, focused on Southeast Asia. So many in Southeast Asia lack access to banking services, and the distribution of resources is by no means even. This platform attempts to create a system and token that can be used by those left behind by the legacy financial market.

Opulous (OPUL)

Opulous is seeking to redefine the music industry by changing the entire way artists find funding. It is the first platform of its kind to launch music copyright contracts powered by NFTs. Unlike most NFTs out there, Opulous tokens offer holders a portion of the underlying musical copyright. That means these groundbreaking NFTs will generate monthly royalty rewards and increase in value as an artist’s career progresses. This offers artists a chance to have more artistic freedom than ever before and gives fans an opportunity to support independent artists in ways beyond merely buying their music.

Xfinite Entertainment Token (XET)

XET is an entertainment ecosystem token that aims to revolutionize digital media through innovations to customer experience, data driven engagement and ecosystem economics for the benefit of its community. It is a technology enabled solution to ensure transparency and re-establish trust in the digital world. Xfinite has launched Mzaalo which is a gamified video on demand platform available on iOS, Google Play store and Web. Mzaalo provides free access to premium content, user rewards and a range of fun and interactive features.

Why Yieldly and Algorand are destined for DeFi

These partnerships come among a flood of DeFi opportunities out there. So what — outside of the aforementioned unique use cases — should drive users onto Yieldly over other offerings? Well, the answer comes from both the underlying power of the Algorand blockchain as well as a variety of other benefits that Yieldly itself has to offer.

For one, Algorand is faster, cheaper, and more scalable than virtually all of the competition, making it a logical choice for building a DeFi ecosystem. Then there’s Yieldly itself. Yieldly’s smart contracts have already been fully audited (twice). Once by cybersecurity firm Halborn and again by Runtime verification (passed with flying colors on both occasions, by the way).

In addition to bolstering liquidity, and expanding NFT options, Yieldly’s partners can also access Yieldly Bridges. For example, Yieldly’s ERC20 cross-chain interoperability bridge links Algorand to Ethereum, which facilitates the flow of liquidity on and off-chain and adds flexibility for DeFi participants — enabling an easy means to compound rewards made via Yieldly.

For all of these reasons and more, Yieldly is set to become a thriving market for DeFi and a crucial staging platform for ASA-based assets and projects. Teaming up with so many promising projects will be the key to unlocking adoption for Yieldly and Algorand alike. Big things coming.

===========

On a side note, I’ve still been struggling to buy any OPUL coins, I noticed the OPUL ASA was listed on gate.io, so bought £50 worth, only to find when trying to withdraw those OPUL to my Algorand wallet, Gate.io were charging 40 OPUL as the transaction fee. Stay away from those scammers, got my OPUL locked on there now as there’s no way I’m paying that much when any ASA transaction is only 0.0001 of an Algo. They’re trying to pocket 39.999 OPUL for themselves.

[ThePythonicCow]

I've just started listening to this guy, Qiao Wang, a few minutes ago.

He gets crypto (and if you look at his twitter feed, https://twitter.com/QwQiao, he also understands nutrition).

Awesome interview:

Source: https://youtube.com/watch?v=oMmllT1pQMU

[Jayke]

Posted by ThePythonicCow (here)
I've just started listening to this guy, Qiao Wang, a few minutes ago.

He gets crypto (and if you look at his twitter feed, https://twitter.com/QwQiao, he also understands nutrition).

Awesome interview:

Source: https://youtube.com/watch?v=oMmllT1pQMU

The PythonicCow, the blockchain godfather returns, been wondering if you’d end up commenting on this thread.

Since you were the one that initially gave us the heads up over Hedera hashgraph several years ago, just wondering if you kept tabs on it and managed to buy in while it was 3cent last year? Also, what are your thoughts on the Algorand protocol? Just as good as Hbar or is Hbar still superior?

~~~~~~~

Leemon Baird was on the BBC news here in the UK recently.

https://mobile.twitter.com/BarHBARia...01891504885763

I find it curious how one of Hbars primary adopters DLA Piper has just announced a new partnership with Algorand for their TOKO platform. Algorand and Hbar finally shaking hands, dominating the market together perhaps?

https://mobile.twitter.com/AlgoFound...34560665997315

I’ve always thought Algorand and Hbar are like the Yin and Yang of DLT technology. Algorand’s more surface level, what people visibly see as they’re making payments and sending international transactions, whereas Hbar seems better suited for the more background stuff, “everyone will be using Hedera and won’t even know it” as the EFTPOS CEO once said.

~~~~~~~~~~~~

The Algorand super cycle looks like it’s about to start with asset tokenisation and trading launching on the platform.

https://mobile.twitter.com/KeliCalla...49794578333705

Also community governance starts on Friday, should see several billion Algo locked away in staking for 3 months. #AlgoAutumn getting ready for launch.

https://mobile.twitter.com/AlgoFound...47807107637250

[ThePythonicCow]

Posted by Jayke (here)
Since you were the one that initially gave us the heads up over Hedera hashgraph several years ago, just wondering if you kept tabs on it and managed to buy in while it was 3cent last year? Also, what are your thoughts on the Algorand protocol? Just as good as Hbar or is Hbar still superior?

As a long time geek in parallel algorithms, as far back as being one of the principle authors of a paper in the Journal of the ACM (American Computing Machinery) back in the 1970's that provided an algorithm for coordinating N independent processes using a single shared memory location of size Log2(N)/2 bits, I find the hashgraph algorithm to be superior to any of the blockchain based algorithms.

However, as also a long time geek in open source software, and its ancestors back in Bell Labs Unix, on which I worked also in the 1970's, and Stallman's GNU work and his GPL license that was a critical element of the success of Linux, which kernel has still has a significant chunk of my code in the file kernel/cgroup/cpuset.c, I have abandoned my enthusiasm for hashgraph.

Dr. Leemon Baird and Hedera have gone the closed source, patent protected, route, focusing on working with key corporate and financial giants of our present debt-money funded Babylonian-Phoenician-Venetian originated tyrants who have ruled over humanity for at least the last 6,000 years.

Just as I prefer to work with Linux these days over Windows, similarly I prefer to work with (well, dabble in lightly) open source, distributed development projects in the crypto world.

I've sold my HBAR (the hashgraph crypto), which did not cause me much grief, as it's not one of the super stars in the crypto coin markets these days anyway.

I do have a few ALGO (Algorand coins) in my crypto piggy bank, amongst others.

[ThePythonicCow]

.
My preference for crypto is, like with open source operating systems and the open standards underlying Internet, for multiple competing, interoperating, mostly open cryptocurrency projects.

Thus we can replace the monopoly on our civilization's monetary system that the central banks have obtained (bombing back to the stone age any nation that wouldn't "join the club"), with a diverse, underlying, openly accessible, panorama of competing monetary alternatives.

Thus we can throw off the "cross of gold" that William Jennings Bryan warned us Americans of, back in 1986, as the New York bankers were working to shut down the use of silver as the common man's currency, and to stop independent banks from issuing their own gold and silver backed currencies.

The world monopoly over our "fungible assets", by the Banksters, must come to an end, just as the world (near) monopoly over distant communication that was once held by those who owned radio and TV antennas or who bought ink by the barrel has come to an end with the Internet.

Murray N. Rothbard spoke to this need to end the Banksters monopoly over our money, in this 1992 interview: Monetary Competition: The Best Alternative to Razing Central Banks to the Ground.

[ThePythonicCow]

Posted by ThePythonicCow (here)
Dr. Leemon Baird and Hedera have gone the closed source, patent protected, route, focusing on working with key corporate and financial giants of our present debt-money funded Babylonian-Phoenician-Venetian originated tyrants who have ruled over humanity for at least the last 6,000 years.

In other words, noticing this thread's title, I am claiming that Leemon Baird has sought the backing of the "globalist corporations".

[ThePythonicCow]

.
This article, Why China's Latest 'Bitcoin Ban' Is Bullish for DeFi, interprets this latest Chinese crypto ban as favorable for "DeFi" (Decentralized Finance). My preferences noted above also align with DeFi. Decentralizing our world's monetary and financial system seems to be another way of conceptualizing the removal of the centralized monopoly power that our Banksters have long sought and largely achieved, over our civilizations monetary, financial and debt markets.

The article lays out the impact that this latest Chinese ban has on miners, exchanges, investors, traders and users, concluding:

=== ===

Crypto builders still in China need to remain 100% anonymous now, which is difficult and not always possible. They must look abroad, and adjust the way their organization is structured, marketing messages delivered, and more importantly, how their project's expectations are met.

“We are gradually shutting down Chinese business, which is honestly fine," one DeFi founder told me, asking to remain anonymous. "Most of our users are international anyways."

The golden days of building crypto empires by feeding off China’s large consumer base are over. But the latest ban is a catalyst to crypto’s decentralization. It's bullish for DeFi, and for decentralized mindsets.

[ThePythonicCow]

Hmmm ... the Fantom FTM token seems to be using an asynchronous Byzantine Fault Tolerant (aBFT) gossip protocol and directed acyclic graph (DAG) architecture similar to Hashgraph.

If they can avoid patent infringement lawsuits or other such entanglements, and if they can gain traction even without "selling their soul" to some big corporations, then they could be quite interesting. This reminds me of where Linux was, in the 1990's, as a knock off of Unix, which outside of free distribution to Universities, required a license from Bell Labs/Western Electric that only corporations found worth buying. Few (certainly not myself) expected Linux to become so dominant at the time.

• Lachesis is Fantom’s aBFT consensus algorithm
• Fantom Review: DAG Based DeFi Powerhouse

[Jayke]

Posted by ThePythonicCow (here)
Hmmm ... the Fantom FTM token seems to be using an asynchronous Byzantine Fault Tolerant (aBFT) gossip protocol and directed acyclic graph (DAG) architecture similar to Hashgraph.

If they can avoid patent infringement lawsuits or other such entanglements, and if they can gain traction even without "selling their soul" to some big corporations, then they could be quite interesting. This reminds me of where Linux was, in the 1990's, as a knock off of Unix, which outside of free distribution to Universities, required a license from Bell Labs/Western Electric that only corporations found worth buying. Few (certainly not myself) expected Linux to become so dominant at the time.

• Lachesis is Fantom’s aBFT consensus algorithm
• Fantom Review: DAG Based DeFi Powerhouse

I remember this Fantom protocol being asked about during a Hedera town Hall meeting several months ago, Leemon seemed assured their patents and governing council were strong enough that they didn’t seem concerned.

With Hederas announcement of the Hbar foundation, where they’ve set 10billion Hbar (20% of total supply) aside for ecosystem development. It’s only a matter of time before Hedera becomes a behemoth of institutional adoption imo.

I’ve still been keeping tabs on that ‘better hashgraph’ you pointed out as well, the PARSEC protocol, but could only find MAIDsafe building with that one. They don’t seem to have made much progress in getting it operational just yet, at least haven’t been making any major announcements on Twitter for a while.

~~~~~~~~~~~

Texas leading the way in blockchain adoption, intend to make it useable in the local grocery store:
https://mobile.twitter.com/zhusu/sta...33262374748167

~~~~~~~~~~~

Raoul Pal predicting a strong close for the Q4 crypto markets, the charts show a potential $6.4 trillion total crypto market cap by the years end, overall 3x from the Mays previous all time highs.

https://mobile.twitter.com/RaoulGMI/...46301509279750

~~~~~~~~~~~

And the Algorand governance portal is now open... https://governance.algorand.foundati...nance-period-1

Only 165million Algo committed so far, with a rewards for the quarter set at 70.5 million Algo, currently 42% returns for the 3 month staking period. No doubt that’ll decrease dramatically as the governance window comes to a close on October 15th. I’ve still got my Algo staked in Yieldly for one more punt at the no loss lottery next Friday before I add mine to the governance pool.

~~~~~~~~~~~~

Kucoin have finally made OPUL ASA withdrawals available, for a 5 OPUL transaction fee, still high for an ASA but much more acceptable than the 40 gate.io were charging. Kucoin have also opened a 35% APY staking pool for any OPUL you buy on there.

https://mobile.twitter.com/opulousap...99463138873363

[mountain_jim]

https://twitter.com/100trillionUSD/s...7024?s=20?s=20

https://twitter.com/100trillionUSD/s...196002307?s=20

[Jayke]

Bitcoins price action adoption cycle overlapped with Golds price action from 50 years ago. Might see the cycle top in February 2022 if the pattern continues to play out.

https://mobile.twitter.com/TechDev_5...15214856261635