Babylon of Koi πŸ›‘
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πŸ“œ The History of Bitcoin $BTC πŸ“œ

We are 3 days off the next $BTC Halvening, an event which happens every 4 years, however without knowing the events which came before this, understanding the whole process and the magnitude of the Halvening, it'll be hard to truly appreciate the journey Bitcoin has been on since it's inception in 2009;

πŸ“œ The Birth of Bitcoin πŸ“œ

πŸ’° Bitcoin was first introduced to the world in 2008. The goal was to create a decentralized digital currency free from the control of governments and central banks. On October 31st 2008, the Bitcoin whitepaper is released by an unknown individual or group of individuals going by the pseudonym 'Satoshi Nakamoto', The whitepaper, titled 'Bitcoin: A Peer-to-Peer Electronic Cash System' was also published on the Cryptography Mailing List. The whitepaper described a decentralized digital currency system which it proposed the use of a blockchain, a public ledger that would record all transactions in a secure and transparent manner. The Bitcoin network would rely on a network of computers to validate transactions and maintain the integrity of the blockchain.

πŸ’° Unlike conventional currencies, Bitcoin functions on a peer-to-peer network, which means that transactions happen directly between users without a middleman such as a bank. This decentralization is a defining feature of Bitcoin, which differentiates it from traditional currencies.

πŸ’° Bitcoin was officially launched on Jan. 3, 2009, when the first block of transactions, known as the genesis block, was mined.

πŸ’°Bitcoin’s supply is limited to a maximum of 21 million coins. This means no additional coins will be generated or created after reaching the 21 million limit. Satoshi Nakamoto introduced the concept of limiting the quantity of crypto and making it more valuable to combat inflation.

πŸ“œ Bitcoin Early Years πŸ“œ

▫️ 1st Ever Recorded Price of $BTC - March 17th 2010

March 17, 2010 was the first-ever recorded price of bitcoin at a value of $0.003 on the now-defunct bitcoinmarket.com. This event’s implications while seemingly minor at the time would contribute to the gradual emergence of bitcoin as a recognized and valued asset;

▫️Bitcoin Pizza Day - May 22nd 2010

The first known commercial transaction takes place using Bitcoin when Laszlo Hanyecz paid 10,000 bitcoins for two large Papa John’s pizzas, which were delivered to him in Jacksonville, Florida;

At the time of the transaction, the value of the 10,000 bitcoins was only a few dollars. However, the transaction has become infamous as an example of just how much the cryptocurrency has appreciated in value;

▫️ Mt Gox Founded - July 18th 2010

On July 18, 2010, Mt. Gox was founded by programmer Jed McCaleb. Initially, it got its unlikely start as a platform for trading virtual cards in the game Magic: The Gathering, then evolved into a pioneer Bitcoin exchange. Its history was marred by chaos, hacks, and scandals, ultimately culminating in its downfall and the ongoing legal proceedings involving its ex-owner, Mark Karpelès;

Mt. Gox, originally mtgox.com, was a platform that exchanged fiat currency for Bitcoin. It was one of the first Bitcoin exchanges, signaling the growing interest in cryptocurrencies as a form of digital value;

▫️Current $BTC Logo Released - November 1st 2010

Satoshi Nakamoto, the anonymous creator of Bitcoin, initially offered two earlier versions of the Bitcoin logo, the first at Bitcoin’s inception, and then an updated version the next year. However, the infamous Bitcoin logo that we have come to associate with the cryptocurrency was created by an unknown artist using the handle β€œBitboy";

The new logo effectively took Satoshi’s earlier creations and improved upon them to create a distinct look for the Bitcoin blockchain. β€œBitboy” rendered a white and slanted β€œB” on top of a bright orange background in a design that reminded many of payment companies, like Mastercard;

▫️1st $BTC Bubble - June 2021
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The Bitcoin Bubble of 2011 becomes a major event in the history of Bitcoin. While Bitcoin was created in 2008, it wasn’t until 2011 that its price really began to skyrocket.

πŸ“œ Bitcoin Blockchain Developments πŸ“œ

▫️Liquid Launches - October 12th 2015

The cryptocurrency landscape witnessed a significant development with the launch of Liquid. Liquid, often referred to as a Bitcoin sidechain and layer, introduced a novel approach to enhancing the functionality and versatility of Bitcoin, addressing some of the limitations inherent in the Bitcoin blockchain. Liquid was designed to operate as a separate blockchain, running in parallel to the Bitcoin network;

▫️ SegWit Activation Day - August 17th 2017

SegWit is activated on August 24, 2017 at 1:57 UTC at block height 481,824, marking the launch of one of the most significant developments to the Bitcoin network aimed at addressing several long-standing issues, such as transaction malleability and scalability. For many in the Bitcoin ecosystem, SegWit's activation marked the end of the block size wars that divided the Bitcoin community, thereby cementing August 1 as Bitcoin Independence Day;

Segregated Witness, often abbreviated as SegWit, was proposed as a solution to these problems. It sought to increase the capacity of the Bitcoin blockchain by separating transaction data from the digital signatures. This innovation aimed to reduce the size of transactions, allowing more of them to fit within a single block and thereby increasing the network's throughput. Additionally, SegWit brought on several security improvements, making Bitcoin transactions more resilient to certain types of attacks;

▫️ Smart Contracts and $BTC get closer to Reality - January 1st 2018

The launch of IOVlabs brought Bitcoin and smart contracts closer to each other. IOVlabs was created to bring smart contract capabilities to the Bitcoin network through the Rootstock platform. Rootstock, often referred to as "Smart Bitcoin" or "RSK," is a Turing-complete smart contract platform that is merge-mined with Bitcoin. This means that Bitcoin miners can secure both networks simultaneously, enhancing security while enabling smart contract execution on Bitcoin's blockchain. IOVlabs served as the development and operational arm of Rootstock, driving its growth and adoption;

▫️ Stacks Bitcoin Layer Launches - January 2021

The Stacks Bitcoin layer launches to enable smart contracts, DeFi, NFTs, and other additional use cases for Bitcoin. The Stacks project was originally known as Blockstack and co-created by Trust Machines CEO Muneeb Ali and Ryan Shea. The layer features its own programming language, Clarity, and consensus mechanism known as Proof-of-Transfer (PoX). Together, they allow for the execution of smart contracts on the Bitcoin blockchain;

▫️ Taproot Upgrade largest $BTC advancements since 2017 - November 14th 2021

The Taproot upgrade activation is successfully achieved, marking the largest advancement to the Bitcoin core following 2017’s SegWit activation;

It was designed to enhance the privacy, security, and flexibility of Bitcoin transactions by introducing several important features. The most notable of these features was the ability to combine multiple transaction scripts into one, enhancing privacy and efficiency for bitcoin transactions. Additionally, Shnorr signatures and smart contract functionality improvements were also introduced;

▫️ The BRC-20 Token standard - March 2023

The BRC-20 token standard was created in March of 2023 by a pseudonymous on-chain analyst named Domo @domdata on X. Domo was playing with creating fungibility on Bitcoin using Ordinals inscriptions, a concept that then took off as the popularity of Bitcoin Ordinals grew. By early May 2023, what Domo initially emphasized was a "fun experiment" on Twitter ballooned to $991 million in market cap, effectively putting BRC-20 tokens on the map;
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Similar to Ordinal Theory, BRC-20 also has a "first-in-first-out" model. This means that whoever is the first to deploy a token on BRC-20 becomes its rightful owner, which has naturally led to the rush of BRC-20 enthusiasts looking to mint their own tokens;

▫️ Bitcoin Stamps Launches - April 6th 2023

The Bitcoin Stamps protocol launches, allowing users to mint semi-fungible tokens and digital collectibles using the Counterparty protocol. These Stamps are stored directly on Bitcoin’s UTXOs, which differs from Ordinals. The introduction of Bitcoin Stamps made it the third development in the first half of 2023 that demonstrated the expanding use cases of the Bitcoin blockchain, contributing to much of the excitement that Ordinals brought to the Bitcoin community;

πŸ“œ Bitcoin Milestones which made Traditional Global Markets take note πŸ“œ

▫️ Bitcoin hits 1BN Market capitalisation for the 1st time - March 28th 2013

The market cap of the entire Bitcoin network surpasses $1 billion for the first time.

▫️1st Utility Coin ICO - July 3rd 2013

The Mastercoin Initial Coin Offering (ICO) stands as a significant milestone in the history of cryptocurrencies, heralding the dawn of a new era for blockchain fundraising. This pioneering event took place in July 2013 when the crypto landscape was still in its infancy. Mastercoin, later rebranded as Omni, aimed to push the boundaries of the Bitcoin blockchain by introducing innovative features that laid the groundwork for many subsequent blockchain projects;

▫️ $BTC hits $1TN Market capitalisation - February 19th 2021

The price of Bitcoin hits $54,000, effectively taking the cryptocurrency to a $1 trillion market cap 13 years after its inception;

▫️Bitcoin becomes Legal Tender in El Salvador - September 7th 2021

El Salvador made history by becoming the first nation in the world to pass a groundbreaking Bitcoin law, officially recognizing the cryptocurrency as legal tender alongside the U.S. dollar. Spearheaded by President Nayib Bukele. This landmark decision promised to transform the country's financial landscape. In the wake of this development, signs have emerged that Bitcoin is gaining traction within the nation, with restaurants, shops, and even hotels now accepting Bitcoin payments;

▫️ 1st $BTC ETF, Bitcoin Strategy Fund Begins Trading - October 19th 2021

The first Bitcoin exchange-traded fund (ETF) starts trading on the New York Stock Exchange (NYSE) eight years after the Winklevoss brothers filed an application. The ProShares Bitcoin Strategy ETF (BITO) tracked bitcoin prices through futures contracts that were traded on the Chicago Mercantile Exchange (CME) and inspired future institutional adoption of Bitcoin;

Data shown collated from https://trustmachines.co

πŸ“œ Recommended $BTC Links πŸ“œ

Bitcoin Investment Thesis:
https://www.lopp.net/bitcoin-information/investment-theses.html

Stony Chambers Asset Research $BTC Thesis:
https://seekingalpha.com/article/4591899-bitcoin-thesis-that-no-one-is-talking-about

$BTC 1st Whitepaper:
https://www.ussc.gov/sites/default/files/pdf/training/annual-national-training-seminar/2018/Emerging_Tech_Bitcoin_Crypto.pdf

BRC-20 Guide:
https://tradedog.io/brc-20-tokens-an-introduction-to-token-standard-and-traction-analysis-using-on-chain-analytics/
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πŸ›‘ The supply of stablecoins rose more than 14% in the first quarter as market participants continued to increase their usage, with stablecoins this prominent in the markets, expect this to continue to rise as the effects of the 4th $BTC Halvening starts to develop πŸ›‘
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πŸ›‘ Top Linea Protocols by TVL *Total Value Locked* courtesy of #dropstab & #defillama πŸ›‘
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KoiKasians, what Layer 1 blockchains do you want to learn about, setup, safety and guides will come for the Top 2, multiple choice and you decide;
Anonymous Poll
44%
Ethereum
12%
Cosmos
56%
Solana
22%
Near
10%
Polkadot
7%
MultiversX
11%
Avalanche
11%
Mantle
14%
Sui
7%
Kadena
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🎣 Introduction to Babylon of Koi Sponsored Posts 🎣 #sponsor

KoiKasians, welcome to a new feature to the Babylon as I would like to introduce you to presenting Sponsored Posts;

Sponsored posts are a key feature and a important part of Babylon progression and development as a channel, this will enable Babylon to expand and create key partnerships moving forward for the benefit of the community, however to be able to get a slot on Babylon, the project has to pass the due diligence checks to make sure our KoiKasians are safe to explore and interact with project, below you'll see the criteria used to be listed as a Babylon Sponsored Post:

🎣 Clear Digital Image 🎣

This includes, clear branding, website, social media project profiles with regular updates;

🎣 Crediable VC Captial Investment 🎣

Making sure that the investment coming to the project is legitimate and respected in the digital assets industry, having a Tier 1 VC investment is a plus, crypto focused VCs are key to the progression and development of the whole industry;

🎣 Blockchain and/or web2 cross-over potential 🎣

Each project selected for being a Sponsored project on Babylon need to have either cross-over web2 and/or Blockchain sector potential, key thing being potential, not all projects selected will be reach the heights of the leading projects in the sector, however the aim being with the due diligence taken, each project selected will thrive and enjoy as much success as they develop and progress;

🎣 Project Safety 🎣

As you know KoiKasians, the safety of our community is paramount, so making sure the legitimacy and validity of all Sponsored projects pass checks, including having processes to report scam/impersonators and everything in between 🎣
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πŸ›‘ Top 10 assets launched in April by FDV *Fully Diluted Value* courtesy of #dropstab; interesting selection and varied launch processes used, three sectors I want you all to look into are the following:

❇️ DePin Sector
❇️ Liquid Staking Sector
❇️ Restaking Sector

Each one of these sectors will be getting a sector showcase starting with DePin within the coming days πŸ›‘
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πŸͺ‚ $TON Airdrop Opportunity/Future Rewards with using the application πŸͺ‚

πŸͺ‚ Blum is a hybrid exchange providing easy access to any coins and tokens, plus simple derivatives via a Telegram mini-app;

πŸͺ‚ Blum's platform utilizes a hybrid setup, blending offchain orderbook and onchain settlement. Simply put, trade straight from your web3 wallets like MetaMask and/or Trust Wallet;

πŸͺ‚ Automatic token listing based on liquidity analysis. Blum has crafted lightning-fast access to the freshest tokens, made easy for the end user;

πŸͺ‚ Trading right through Telegram. Blum's mini-app is tailor-made for mobile users, spiced up with game mechanics. Collect points, then turn them into tokens

πŸͺ‚ Blum was picked by Binance Labs in their 7th MVB accelerator season. Out of 700 projects;

πŸͺ‚ How to gain access to Blum DropπŸͺ‚

Please follow the link below to access Blum:

t.me/BlumCryptoBot/app?startapp=ref_3lVjgUJ8jp

First come, first serve for the opportunity, only 4K slots available;

πŸͺ‚ How does Blum App work πŸͺ‚

Blum app works simply in 8 hour stages, you mine the asset in 3 8 hour periods equally to 24 hours in a day and advise you to set a reminder on your device to claim the rewards at these 3 intervals:

πŸ”Έ 12am
πŸ”Έ 8am
πŸ”Έ 4pm

Also there are social tasks to complete for assets too;

πŸͺ‚ Official Blum Links πŸͺ‚

Telegram Channel:
https://t.me/blumcrypto

Telegram Chat Channel:
https://t.me/blumcrypto_chat

X Profile:
@blumcrypto

Website:
https://blum.io

Discord:
https://discord.gg/Ay6zBfEdxQ

Blum Official Blog:
https://www.blum.io/blog
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πŸ₯ web3 Sector Showcase 02 Part 1 #depin πŸ₯

Welcome to the second Sector Showcase, these showcases are made for you all to gain knowledge and grasp opportunities within the sector provides. I've already shared with you #koi and #grass opportunities respectively and they fall under the DePin sector, now it's time to learn about DePin;

πŸ₯ What is DePin πŸ₯

▫️ DePIN stands for Decentralized Physical Infrastructure Networks. It's a new way to build and maintain infrastructure in the physical world;

▫️ This "Infrastructure" can be anything from WiFi hotspots in wireless networks to solar powered home batteries in energy networks. DePINs are built out in a decentralized way, by individuals and companies all over the world, for anyone to use. In return, these contributors receive financial compensation and an ownership stake in the network they're building and the services they're providing (via token incentives);

▫️ DePINs are made possible through widespread Internet connectivity and technological advancements in blockchain infrastructure and cryptography;

πŸ₯ The Origin of the DePin Sector πŸ₯

▫️ The term "DePIN" is the acronym the industry has settled on to describe this up and coming sector of crypto. We have Messari to thank for suggesting this acronym and uniting the space under one banner, but there have been a few other terms used to describe this sector in the past that are worth exploring;

▫️ In November 2021, IoTeX became the first to place a label on this up & coming sector, calling it MachineFi (a play on words combining "machine" with "DeFi" to represent the financialization of machines and their data);

▫️ On December 22, 2022, in its annual "Theses", Messari mentioned "DePIN" in research for the first time, stating that it "will be one of the most important areas of crypto investment for the next decade";

On January 19, 2023, Messari published a report devoted entirely to DePIN and the rest is history;

IoTeX is the pioneers behind the DePin sector, paving the way for new projects to prosper and grow;
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πŸ₯ web3 Sector Showcase 02 Part 2 #depin πŸ₯

You all now have learnt about the what the DePin sector is and the journey behind the sector evolving, here you'll be learning about the economy and the advantages this has over centralised physical inferstructure networks;

πŸ₯ DePin Sharing Economy Model πŸ₯

▫️ Companies like Uber and Airbnb have unlocked massive amounts of value utilizing this Sharing Economy model. This model describes how Uber, Airbnb, & others leverage contributors *and their assets* to provide valuable goods & services;

▫️ The sharing economy is transformative & disruptive. It accelerates efficiency & effectiveness, e.g reducing transaction fees. Businesses benefit from the sharing economy as it increases the rate of goods consumption & recirculation, the exchange of services & the sharing of productive assets. It also stimulates market competition;

πŸ”˜ What's wrong with the centralised Sharing Economy πŸ”˜

▫️ The sharing economy today may pretend to be peer to peer *P2P*, but it’s the opposite. It’s highly centralized, meaning we have to trust corporations with our most intimate data, trust that they use our data in our best interests & not their own, trust that they don’t leak any data or get hacked, trust that they treat the buyers & sellers on their platforms;

πŸ”˜ How is web3 evolving the Sharing Economy πŸ”˜

▫️ In a decentralized sharing economy built on web3 *blockchain*, people can continue to buy & sell goods and services via apps the way they do today  without having to trust corporations who are notorious for misusing & selling our data, being hacked and unethical business practices;

▫️ Blockchain technology replaces corporations at every level by removing the need to trust a third party at every level. The essence of blockchain is that we no longer need to trust central authorities because we can trust the permanent unalterable ledger which we all have equal access to & rights over, instead. This essence is now replacing the need for trusted intermediaries in the sharing economy;
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πŸ₯ web3 Sector Showcase 02 Part 3 #depin πŸ₯

KoiKasians, you learnt about the economy of the DePin sector and how web3 is revolutionising the sharing economy model, here you'll find out why the DePin sector are the future and be introduced to DePin assets already on the market;

πŸ₯ Why DePin Sector are the future in web3 industry πŸ₯

▫️Collective Ownership

Through the use of token rewards, contributors are encouraged to deploy and maintain infrastructure. DePIN's bottom-up approach means that the network is collectively owned by its participants, rather than a small group of shareholders;

▫️ Distributed Infrastructure Cost

A decentralized physical infrastructure network reduces overhead and expenses by leveraging the collective resources of a network's participants;

▫️ Decentralisation

A decentralised network offers a more resilient & secure infrastructure compared to traditional, centralized infrastructure networks. Building a network in a decentralised manner means that the network is less susceptible to corruption, hijacking & hacks, & other negative externalities associated with centralised control;

▫️ Open Competition & Innovation

DePIN enables new levels of innovation across various sectors. By removing the barriers to entry associated with traditional infrastructure networks, DePIN encourages new entrants to compete in markets that were previously dominated by a few established players;

πŸ₯ Examples of DePin assets on the market πŸ₯

▫️$WIFI - Wifi Map
https://weconnectu.io/

▫️$HONEY - Hivemapper
https://hivemapper.com/explorer

▫️$HNT - Helium Network
https://www.helium.com/

▫️$AKT - Akash Network
https://akash.network/

▫️$RNDR - Render
https://render.com/

πŸ₯ DePin Sector Summary πŸ₯

The DePIN landscape's potential market size is estimated at approximately $2.2 trillion, projected to reach $3.5 trillion by 2028 based on Messari research:

https://messari.io/report/state-of-depin-2023

So by going with the numbers Messari has projected, this sector as all the tools to become a leading sector in web3;
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πŸͺ‚ $TON airdrop mining update #mineπŸͺ‚

πŸ”ΈCatizenπŸ”Έ

Is now interoperable with Mantle blockchain and recently just finished there 1st launchpad mining event which lasted for 10 days respectively. If you haven't joined yet, please do so using the following links below:

Invite Link:
https://t.me/catizenbot?start=rp_1918149

Squad Link:
https://t.me/catizenbot?start=r_681_1918149

πŸ”ΈTapSwap πŸ”Έ

Following the $WUFF $SOL memecoin airdrop opportunity within the application, Tapswap is continuing to grow and create new partnerships across chains with the introduction of pools coming at the end of the month, it's the perfect time to join TapSwap if you haven't already by using the link below:

https://t.me/tapswap_bot?start=r_918976909

πŸ”Έ Blum πŸ”Έ

This is our most recent mining application I've shared with you all and still many places available, however that's limited, so if you haven't joined this opportunity yet, I'd advise you do so as there is plenty of growth to come from this project:

Please follow the following link below to access Blum:

http://t.me/BlumCryptoBot/app?startapp=ref_3lVjgUJ8jp

πŸ›‘ KoiKasians Note πŸ›‘

I'm currently waiting on the project I was going to share as the DePin opportunity website to be live, V2 of website is currently being created and will be posting that opportunity once I've tested the processes and share with you all;

Regarding the poll we did earlier in the month, there is a push to learn about Solana and Near more, which I'll provide guides on, however going to run a seperate poll on the Ethereum interest as I need a true picture to see if it's really needed for our community;

If you haven't joined our chat channel, please do so at t.me/BoKois and let's continue to build a safe and prosperous community together πŸ›‘
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Channel photo updated
πŸ›‘KoiKasians, newly designed logo using Kymata AI, please let me know what you think of the design, I think it really fits the community, yet keeping classy and identity focused having the Koi front and centre of the design;

The community chat channel t.me/BoKois hasn't got an official logo, so if we've got any budding graphic designers what to try and design one for the channel, please comment below, the brief is short and simple, Koi being front and centre of the design and if we get many entries, the winner will be decided by the community via a poll, so if you fancy a shot designing a logo for the chat channel, have a try and who knows, your artwork might be selected to carry the Babylon Chat Community πŸ›‘
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πŸ’Ά $ETH ETF *Exchanged-traded Funds* Introduction and UpdateπŸ’Ά

πŸ’Ά What is a $ETH ETFπŸ’Ά

🟒 An Ethereum ETF is a financial product designed to track the price of Ethereum, enabling investors to buy and sell shares on traditional stock exchanges. This regulated investment avenue offers a convenient way for investors to participate in the cryptocurrency market without directly managing digital assets. The ETF mirrors the performance of Ethereum, providing exposure to its value without the complexities of ownership;

🟒 The Ethereum ETF operates within the regulatory framework of traditional financial markets, providing investors with a regulated and secure channel to engage in cryptocurrency investments. This regulatory oversight enhances investor confidence and ensures compliance with established financial standards;

🟒 In addition to accessibility, Ethereum ETFs offer benefits such as regulatory oversight, ease of trading, and the ability to diversify investment portfolios. These funds are traded on major stock exchanges, providing liquidity and simplicity for investors who may be new to cryptocurrency markets;

πŸ’Ά What are the main types of ETFs in digital assets industryπŸ’Ά

🟒 Spot ETF: Trade crypto tokens directly on behalf of investors, buying bitcoins or other digital assets and storing them;

🟒 Futures ETF: Funds track the expected price of one or more cryptocurrencies by trading futures, which are standardized agreements between two parties to exchange a specific quantity of assets on a particular day for a preset price. For instance, a bitcoin futures ETF uses futures contracts to mimic the fluctuations in the price of that currency;

πŸ’Ά Why investors consider ETFs πŸ’Ά

🟒 Accessibility: Trade Ethereum easily through traditional brokerage accounts on stock exchanges;

🟒 Regulation: Benefit from oversight and regulation within traditional financial markets;

🟒 Diversification: Diversify your portfolio by including a cryptocurrency asset class;

🟒 Simplicity: Avoid complexities of owning and securing actual Ethereum while gaining exposure to its value;

🟒 Liquidity: Enjoy the liquidity of ETFs, making it easier to buy and sell shares on the stock market;

⭐️ The key factor what ETFs hold is being able to diversify capital to crypto assets without storing and buying the assets yourself ⭐️

πŸ’Ά $ETH ETF Latest Update πŸ’Ά

Following Bloomberg adjusting the percentage from 25% to 75% likely that Ethereum ETFs will be approved, this has resulted in a rally on the upside in the markets, however please bare warning as I see this playing out though Q2 and well into Q3 with the final deadlines for Ethereum ETFs coming in August 2023;

When looking at this information, the key funds to keep a close eye on and are the most likely to get approved first:

πŸ’Ά Blackrock
πŸ’Ά Fidelity

For the Ethereum ETFs to be approved, the SEC must approve both the 19b-4s (exchange rule changes) & S-1s (registration statements) fillings. Only after both are approved will we see the first ETH ETFs on the market, so with this news, approval for $ETH ETF fund is not a guarantee

With $BTC already having a successful ETF launch with AUM *assets under management* currently being over $57BN which launched last January, with the momentum turning to Ethereum and the magnitude surrounding this potential approval in the future, this is only positive for the digital assets industry;

πŸ’Ά Crypto Assets ETFs Learning Links πŸ’Ά

🟒 Investopedia:
https://www.investopedia.com/investing/understanding-cryptocurrency-etfs/

🟒 Tracking Insight:
https://www.trackinsight.com/en/education/guide-crypto-etfs-bitcoin-ethereum-more

🟒 Corporate Finance Insitute:
https://corporatefinanceinstitute.com/resources/cryptocurrency/bitcoin-etfs/

🟒 Crypto ETF Database:
https://etfdb.com/etfs/currency/cryptocurrency/
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Babylon of Koi πŸ›‘ pinned Β«πŸ’Ά $ETH ETF *Exchanged-traded Funds* Introduction and UpdateπŸ’Ά πŸ’Ά What is a $ETH ETFπŸ’Ά 🟒 An Ethereum ETF is a financial product designed to track the price of Ethereum, enabling investors to buy and sell shares on traditional stock exchanges. This regulated…»
πŸ”Έ Introduction to Credia Layer, DePIN Sector Showcase Ethereum/Solana Testnet Mining Opportunity πŸ”Έ

Koikasians, I said after the DePIN showcase where you all learnt about the emerging asset sector in the industry that they'll be an opportunity which follow, below you'll learn about Credia Layer and how to access the opportunity;

πŸ”Έ What is Credia Layer and the Project's Vision πŸ”Έ

A pioneering platform at the intersection of blockchain technology and artificial intelligence. Designed to transform the landscape of credit scoring, Credia Layer utilizes DEPIN technology to ensure secure and verifiable identities, while its sophisticated AI algorithms analyze user activities for accurate credit assessments;

Credia Layer goal is to empower users, developers, and organizations by providing a robust framework that supports fair access to opportunities, rewards positive contributions, and fosters a resilient and thriving digital economy;

πŸ”Έ What is the Opportunity πŸ”Έ

This opportunity works by using your devices CPU compute power, whether that's a mobile and/or laptop and turn that into Credia Layer points;

πŸ”Έ How to Setup and Access the Opportunity πŸ”Έ

All you'll need to setup this opportunity is the following:

▫️Laptop/Desktop and or Mobile Phone *advise to leave on overnight to acquire more points, android mobile app available in the 'Official Links' section*

▫️Metamask, OKX and Phantom only available during this Testnet phase

To access this opportunity, please go to the following link below:

https://credialayer.io/mining?invite_code9Dd5oH

Once you've got onto the site, in the top right hand corner, select 'Connect Wallet' and choose the web3 wallet your using and follow the prompts on screen, you can gain Credia Layer points by doing the following:

▫️Daily points claim of 20 points

▫️Tasks which vary in points

▫️CPU compute mining which varies from how powerful your CPU in your device;

Stage 1 of the testing has got roughly 3 weeks left, this can change and depends on how long it takes the team to have Stage 2 ready for testing, so there is plenty of time to acquire points during this period, later you'll be able to link a $SOL wallet to transfer points over;

Please bare in mind that this testnet is in the early stages and issues can occur at this stage of testing, so if you come across any bugs, please report them to the team, using there official channels;

πŸ”Έ Credia Layer Official Links πŸ”Έ

Telegram Chat:
https://t.me/CrediaOfficial

Telegram Announcement Channel:
https://t.me/CrediaAnnouncementChannel

X Profile: @Credia_Layer

Credia Layer Gitbook/Whitepaper:
https://credia-layer.gitbook.io/credialayer

Credia Layer Android App:
https://app.credialayer.io/CrediaLayer.apk
πŸ‘32❀14