BREAKING: Facebook Diem will Use DOT Blockchain- EoY PT $1000
DOT's fundamentals couldn't be clearer. This is the buy of a century as DOT continues to release bullish news item after bullish news item.
Recently, a 2nd DOT ETP was launched which is backed by actual DOT - similar to how Grayscale buys BTC and ETH to back their ETP products.
The most recent bullish news item is the recently announced VC Fund, Master Ventures, announcing a $30 Million injection into the PolkaDot ecosystem as they believe DOT will be the superior crypto-asset and represents a new era of blockchain technology. Here's a quote from them:
"Founder & CEO at Master Ventures, Kyle Chase, notes about his Polkadot VC Fund, “In our current portfolio of incubated projects led by the PAID Network, we’ve also committed significant research & development resources to build on Polkadot. As such, we’ve gained amazing proprietary knowledge and insight into the current progress and future evolution of both projects and we believe Polkadot will be one of the clear long-term winning blockchains and ecosystems due to its cross-chain functionality, ease of development & deployment as well as the strength of its development community.”
Additionally, news has come out that a PolkaDot based, Pontem, has raised $4.5m to build FaceBook Diem using the PolkaDot based substrate!!!!!!
About Pontem
"The Pontem Network is described as a Polkadot Substrate-based chain, which means it can serve as a testnet for Facebook’s Diem blockchain. By utilizing a Polkadot parachain, Pontem can introduce developers to Diem’s potential, allowing them to validate their ideas before submitting them to the Diem Association."
https://beincrypto.com/pontem-network-raises-4-5-million/
FaceBook Diem is nearing its release and the entire world is asleep on how big of an impact Diem will be on the entire crypto market - this will represent a monumental shift change in perception, understanding, regulatory clarity, and a renewed spirit of the bull run.
We know the launch of Diem will be soon as Diem has recently relocated from Switzerland back to the United States - meaning their legal team has clarity from US regulators on the future of Diem.... the die has been cast - prepare for a new phase of crypto and consider yourself lucky if you have DOT....
Conclusion
Buying DOT here will be the buy of the century when more news on DOT developing Diem breaks... right now no one is paying attention and Mr. Market is asleep on the fundamentals of DOT.
Many will call me crazy here about DOT's upside PT but remember Diem represents a global paradigm shift and using DOT is important as a Power Law distribution will be in effect and I can envision a future where nearly all smart contracts are using the DOT ecosystem in some way. Ignore the haters - this has immense upside
I don't think it's out of the realm of possibilities to see a $1000 by end of cycle. Just my opinion, NFA! DYOR!
Recently, a 2nd DOT ETP was launched which is backed by actual DOT - similar to how Grayscale buys BTC and ETH to back their ETP products.
The most recent bullish news item is the recently announced VC Fund, Master Ventures, announcing a $30 Million injection into the PolkaDot ecosystem as they believe DOT will be the superior crypto-asset and represents a new era of blockchain technology. Here's a quote from them:
"Founder & CEO at Master Ventures, Kyle Chase, notes about his Polkadot VC Fund, “In our current portfolio of incubated projects led by the PAID Network, we’ve also committed significant research & development resources to build on Polkadot. As such, we’ve gained amazing proprietary knowledge and insight into the current progress and future evolution of both projects and we believe Polkadot will be one of the clear long-term winning blockchains and ecosystems due to its cross-chain functionality, ease of development & deployment as well as the strength of its development community.”
Additionally, news has come out that a PolkaDot based, Pontem, has raised $4.5m to build FaceBook Diem using the PolkaDot based substrate!!!!!!
About Pontem
"The Pontem Network is described as a Polkadot Substrate-based chain, which means it can serve as a testnet for Facebook’s Diem blockchain. By utilizing a Polkadot parachain, Pontem can introduce developers to Diem’s potential, allowing them to validate their ideas before submitting them to the Diem Association."
https://beincrypto.com/pontem-network-raises-4-5-million/
FaceBook Diem is nearing its release and the entire world is asleep on how big of an impact Diem will be on the entire crypto market - this will represent a monumental shift change in perception, understanding, regulatory clarity, and a renewed spirit of the bull run.
We know the launch of Diem will be soon as Diem has recently relocated from Switzerland back to the United States - meaning their legal team has clarity from US regulators on the future of Diem.... the die has been cast - prepare for a new phase of crypto and consider yourself lucky if you have DOT....
Conclusion
Buying DOT here will be the buy of the century when more news on DOT developing Diem breaks... right now no one is paying attention and Mr. Market is asleep on the fundamentals of DOT.
Many will call me crazy here about DOT's upside PT but remember Diem represents a global paradigm shift and using DOT is important as a Power Law distribution will be in effect and I can envision a future where nearly all smart contracts are using the DOT ecosystem in some way. Ignore the haters - this has immense upside
I don't think it's out of the realm of possibilities to see a $1000 by end of cycle. Just my opinion, NFA! DYOR!
Comment:
Imho the 2nd DOT ETP released in Europe the other day could be so that institutions and smart money had an on-ramp to buy DOT before the major announcement of Diem gains mainstream consciousness.
Many large institutions and funds can't buy crypto directly and can only buy "Exchange Traded Products" .... Let's see - hopefully Diem announces something soon at the same time we are having announcements on Parachains.
The fact FB moved its HQ from Switzerland to US is a very good sign of an announcement happening soon.
Many large institutions and funds can't buy crypto directly and can only buy "Exchange Traded Products" .... Let's see - hopefully Diem announces something soon at the same time we are having announcements on Parachains.
The fact FB moved its HQ from Switzerland to US is a very good sign of an announcement happening soon.
Comment:
BREAKING NEWS:
JPMorgan Expanding Crypto Services, Hiring Related Experts
finance.yahoo.com/ne...iring-073017347.html
WATCH what they do, NOT what they say!
JPMorgan Expanding Crypto Services, Hiring Related Experts
finance.yahoo.com/ne...iring-073017347.html
WATCH what they do, NOT what they say!
The Pontem Network is described as a Polkadot Substrate-based chain, which means it can serve as a testnet for Facebook’s Diem blockchain. By utilizing a Polkadot parachain, Pontem can introduce developers to Diem’s potential, allowing them to validate their ideas before submitting them to the Diem Association.
Pontem co-founder Stas Oskin said his platform’s vision is to “allow developers to build for Diem and at the same time enjoy the liquidity, data, and user base of Polkadot.”
Jehan Chu, co-founder and managing partner of Kinetic Capital, one of Pontem’s backers, said:
"Pontem is an audacious project in that it not only creates a testing ground for Diem, possibly the largest and most adopted blockchain project in the world, but also an active proving ground for new protocols and communities.”
cointelegraph.com/ne...-in-seed-investments