Tokenized,Inc. an article not for the faint hearted 😫😖
In the wake of recent Bitcoin ETF approvals, #BlackRock #Larry_Fink has unveiled a vision where "everything becomes "ETF'd" and tokenized". This ambitious plan threatens to fractionalize not only existing assets and commodities but also the very fabric of the natural world. Imagine most living things transformed into Wall Street financial products, tradable on a single, universal ledger.
Just after the approval of 11 Bitcoin spot #ETFs including BlackRock’s "iShares Bitcoin Trust (IBIT)", by the SEC. Larry Fink, BlackRock's Chair and CEO, sat down with Bloomberg's David Westin. He discussed the implications of BlackRock's entry into the Bitcoin market. Fink didn't mince words, outlining his company's approach to Bitcoin and their intention to replicate similar ETF products for other assets.
He boldly stated, "If we can 'ETF' a Bitcoin, imagine what we can do with all financial instruments." While he acknowledged #Bitcoin as an asset class, (he dismissed it as a viable currency).
This move by BlackRock underscores the trend toward #Tokenization a process that could reshape how we perceive and interact with financial assets. The natural world itself could become part of this financial ecosystem, with living organisms reduced to tradable tokens. As the largest asset manager, BlackRock's actions have far-reaching implications for the future of finance and investment.
Yo what's good crypto fam? Your boy Cizzar is here with the 411 on the altcoin that's got everyone's knickers in a twist - Cardano ADA! I know none of you degen dirtbags have even thought of talking about this anymore. It's not a mainstream cryptocurrency OG like Bitcoin or Ethereum. Those are your dad's crusty old crypto relics! But get this - unlike a lot of the overhyped shitcoins that get shilled to death on Crypto Twitter, Cardano actually has some legit scientific cred behind it. 🤓 We're talking peer-reviewed academic research papers and real mathematics forming the foundations. Shit is bonafide! The whole point of Cardano is creating a solid, secure blockchain platform for smart contracts and decentralized apps (dApps for you noobs). Except it doesn't wanna just be an Ethereum copycat. This blockchain is a proof-of-stake network like Ethereum, but the developers claim it'll be way more scalable and efficient. With wayyy cheaper transaction fees too. We love some low gas fees, amirite?! 💸 Speaking of the developers, you can tell these Cardano lads are taking it mad serious. Their lead guy Charles Hoskinson is kind of a legendary figure who helped build the OG Ethereum protocol back in the day. Man's got cred. Does that mean Cardano is destined for crypto superstardom and we should all ape in right now? Bruh, if I knew that I'd be out in the Bahamas sipping mojitos not writing this trash! 🏝️ All I can say is the crypto market is crazier than a backalley Tijuana taco fart. One minute you're HODLing a literal memecoin as a joke and the next that shitcoin is up 500% and making you rich! 🤑 I say we should all start paying attention to what this Cardano thing is cooking up. Who knows, maybe your guy cizzar will end up being an early Cardano billionaire whale! Or a flat broke degen leaving karma on Reddit for ramen change. Either way, it's sure gonna be an adventure. Let's freakin' gooooo! #ًWrite2Earn #ADA
$DOT Aye what's up y'all crypto fam? Your guy Cizzar here to drop some hot takes on everyone's favorite blockchain of blockchain's - PolkaDot! 🔥🔥
So let me get this straight... we got this crypto called DOT that wants to connect all the blockchains in existence into one giant interwoven matrix? Like a dot connecting a bunch of other dots or chains or whatever? 🧩
I can dig the idea - having all these random blockchain projects like PolkaPets and PolkaZombies and DogeElon Mars Missions able to seamlessly vibe and integrate with each other on PolkaDot. That's dope right?
Except...who's really using any of those random Polka side chains for anything? Half of them are just cash grab experiments by overhyped devs trying toPolkaDot their way to millions from the next hot token sale! 🤑
Don't get me wrong, PolkaDot's tech is wild. This multi-chain, sharded, nominated proof-of-stake, parachain/parathread madness gives me a migraine just thinking about it. But that's also the problem - it's so complicated that my grandma would need a PhD just to stake her DOT tokens! 😂
At the end of the day though, I gotta respect the hustle of the PolkaDot team. They've created essentially an overly complex Franken-blockchain to squeeze every last drop of buzz from the crypto hype cycle. It's almost artistic in how shamelessly it panders to the degen mob.
Like yeah man, PolkaDot might be just smoke and mirrors, shilled to death on Crypto Twitter. Or...it might actually become the connective tissue enabling the decentralized utopia we were all promised! Hey, at least it makes crypto interesting to follow.
Who knows, maybe I'll PolkaDot myself one of these days and stake my 0.000001 DOT for fractions of a penny per year. Or maybe I'll just polkadance my way to bankruptcy like all good crypto degens! WAGMI fam! 🔥🚀
I will explain to you, sir, and explain the matter to you.... May God’s blessings be upon the Prophet.. (Say, may peace and blessings be upon him, O, don’t be lazy)😒
If we say that the word staking means to place a deposit...then#Restakingmeans to re-link a deposit...😏😏 The deposit...in parentheses...is that you allocate a certain amount of digital currency and link it to the platform 💰💰💵💸, so that it comes under (protection) the platform for a specific period agreed upon between you. This is done in exchange for a promise from the platform that it will be distributed. You will be charged interest after the expiry of this period. These currencies are included under (platform protection) as a guarantee of liquidity, a guarantee of users’ stability on the network, and many other things that the platform will benefit from.👍🏽👍🏽💲 The problem is that when you do this, you cannot benefit from your possession of this currency by taking out loans on it from other platforms😓, because if you redeem the deposit, the benefits will be gone😳.... That is why a new trend has been created in digital currencies, and its name is Restaking, which means reconnecting. The deposit...👛 How is this deposit reconnected? A second platform comes, takes from you the currency you want to deposit 💲💲, and gives you in exchange for a new currency issued by it (let us consider it a certificate of ownership of the deposit)... This instrument can now be used on other platforms as a banknote or a guarantee that you have an asset tied to this platform. Accordingly, you can buy on account, or you can take a loan on it, and so on...🤑🤑
The first MegaDrop coin is BounceBit, and the concept of Restaking
*kindly note that this article is written in Arabic language، therefore the unrecognized or unfamiliar usage of English language، this is due to the Auto translation feature from the platform.
The first megadrop coin is BonusBit Today is the first day, April 26, 2024, for the first coin to appear on the MegaDrop platform. As we explained before, MegaDrop is a new platform from#Binancefor digital currency distributions. You can read my previous article about it.
What does BNB mean? *kindly note that this article is written in Arabic language, therefore the unrecognized or unfamiliar usage of English language , this is due to the Auto translation feature from the platform. 😌 First, let us agree that not all terms in the world of#cryptoare understandable to all people, and for that reason, let us speak in dialect, in the popular, colloquial language, which we can all understand. Firstly, to bring the meaning closer, and secondly, to make people not be afraid of the complex terms that new things appear every day, making the subject of understanding#digital_currenciesa difficult and complex subject for most people. So let us choose a term, or a currency, to talk about it every time, and explain and delve into it in an easy way.
Ok, someone will come and ask, and tell you what is normal, Binance has been doing this since early, and is downloading coins as a reward when you store BNB, USDT or FDUSD??? ...I will tell you.... God bless you, beloved of your parents... You are right, but these currencies were mostly adopted by Binance, and supported by putting them on its platform. Now, Binance is playing them on a large scale, and makes this platform a place. You go to it when you want to advertise your currency, from any network, not just Binance, and this means a lot of good for Binance subscribers..
Another thing...the prizes are not only limited to the amount of your BNB deposits...no, this is also linked to the tasks displayed on the WEB3 wallet. #Megadrop
The idea is for people who are into digital currencies, that some of these new currencies can hit you 300 or not 400X, will you tell me, man????! To this extent!!! I will tell you, oh, oh, oh, oh, oh, oh. (Of course, it's possible, but not sure. Maybe more, maybe less, and maybe you won't move at all.)
But from experience, most of the currencies that are not yet available on well-known platforms have a low exposure (the degree of exposure to them by users) and therefore they are not yet known, and their price is usually very low, but once they enter a large platform and are exposed to millions of users Imagine if everyone tried his luck and bought a riyal, and you, uncle advisor, were a buyer from the beginning in the days when there were five gold coins. At that time, the dice will be played with you and things will change... and you will ride the first wave (literally) on the money track, because you were... Inside from the first time they said “bismillah.” #Megadrop The Most Gracious, the Most Merciful.
Binance Mega Drop is a new platform launched by Binance, the aim of which is to make it easier for you, as a user, to obtain (AirDrops) or currency distributions...
In the past, when the idea of currency distributions first began, the aim was to encourage people to join certain networks, or invest in a specific currency by having this currency network distribute a free amount of it at the beginning of its launch as a form of advertising.
In the beginning, there were things called AirDrops Faucets, and these were sites that did the same idea as the new Binance platform in a slightly different way.
They were distributing free coins to users in exchange for watching an ad, not a captcha solution, or to test a specific network. Until now, these faucets are still there and are giving out free coins, but they are small... like the water that comes out of the faucet, Binance has taken the issue. In a slightly broader direction.
In order to ensure that users prefer to support its main currency, BNB, it has linked the idea of the faucet to its currency, and in exchange for the (locked/or simple deposits) that you make on the platform from the BNB currency, you will receive points in exchange for them proportional to the amount of currency that you have parked on the side and the period that you have spent. You will prefer to leave it saved there. Exactly as you would make a bank deposit. You deposit an amount, and this amount receives interest based on the size of the amount and the duration of the deposit.
Binance changed the idea that the deposit will be rewarded with points, and these points will be converted into a share of distributions in new currencies that have not yet been posted on the platform. Therefore, it will not be downloaded to you in the platform’s wallet, but it will be downloaded to you in your WEB3 wallet.. #Megadrop