This board needs to get back on the research train or yall niggers will stay poor chasing quick DeFi PnD or buying the dip of every dumping ATL 2018 bag tokens.
One interesting project that many of you biztards are oblivious to, which is Velo.
Now before you say fuck it another chink scam, just listen.
Imagine not knowing that banks already plan to implement the system, that the CP group already has 9,000 7–11 convenience stores, Starbucks in Taiwan, mainland China, and the Philippines and many more businesses.
Imagine not knowing that the mainnet is in Q4 this year, so you only have 2 more months to accumulate.
Just see the latest progress at least and acknowledge that these chincks worked more in 2 months than XRP in 2 years:
>They released the Velo Testnet, Hermes v1 for the Stellar - Evrynet warp transfer protocol, along with the Velo Dashboard v1, Velo smart contracts and oracle service and the Velocity wallet.
>Evrynet Environment released with Ethereum - Evrynet Warp Protocol bridge ready to connect to DeFi projects.
Again I hope that we can rebuild /biz here and share some good stuff with each other instead of shilling baseless scams in endless PnD. I am here to answer questions, if you disabled NPCs can sustain an argumented talk.
Chinks are better at pumping their shit than anyone else. Besides this project is backed by the CP group, with 60 bil in revenue last year only, they have a shit ton of money, they want to take over a market that has dominated by shit projects for too long.
Imagine if the pour 1 bil only into Velo, that will really mean something.
No Scammyswap here, this is a Stellar issued token, they don't need frontrun bots and retarded user devs on their shit, they are building a real product.
Dylan Morris
I mean if /biz only likes scams so be it. I bought a suicide stack as this feels like buying Link at 6c.
Lots of potential, but as OP said research is what /biz lacks these days so I will let everyone do the needful.
Wyatt Edwards
What many fail to understand is the scope of Velo, this is not a 1 month pump project, this is a network that is here to stay.
Zachary Flores
How much to make it? What is the min for a good size suicide stack ?
Better than being cucked by russians or played by white bradfords that don't know how their shit works but they want a blockchain project so their daddy made them one.
Go for user devs that fork each other in a rush on who dumps faster.
Easton Sanders
I thought that until I bought a shitload of NKN and it did nothing but dump forever. fuck chinks. Cosmos is based tho
Jaxson Long
Nkn doesn’t have the backing of Velo, plus the usecase of it and the combination of the businesses that the CP group have, will ensure that this shit gets adopted and that means a lot of Velo locked.
That’s why I only buy and hold BTC, ETH, LINK, XSN and LIT.
Easton Green
Hmm, can you detail. I mean Maker is fucking big, but they cucked me in that fucking failure in spring. Got liquidated and Eth gon for nothing.
Andrew Garcia
>No 2018 bags
He literally posts every bad shitcoin that plagued this board and their respective gradparents that shit the bed and perform worse than ETFs or Options..
It is simple user, you get your stableocoins peg by Fiat that is onboarded and deposited through Trusted partners and also by the same amount of $ in Velo tokens. The DRS ensures that your position always stays collateralized with Velo tokens while you have fun with the stablecoins and at the end you can send them to a Trusted partner and withdraw preferred FIAT currency (within availability). So everything is always 200% collateralized, from a double source to both enjoy the speed of blockchain transfers and also the safety and stability of cash.
Joshua Diaz
Kek all the shicoins in one place, bought some Velo as it does sound interesting, also bought some SRM. Both will change the face of DeFi and will ensure that these scams don’t make money anymore. Buy now while they are still cheap or enjoy being poor.
Isaac Long
2ez
Jaxson Green
That is actually a good explanation. Congrats, someone did his research!
Glad that there are some velochads here that will make it!
Andrew Williams
2ez to get scammed, to hard to do research. Hope your shitcoins are worth enough to buy some rope at EOY.
Lucas Russell
Link was never 6 cents.
Noah Young
Where do I buy, Kucoin seems sketchy after the hack..
Jack Bell
>serum buyer calling anybody else lazy Sucking off CZ’s wrinkled Asian cock won’t keep you safe in the end
Isaac Howard
Supply for this is 30 billion coins and the price is $0.60. Is there some weird thing with burns or a really long inflation schedule?
Carter Jenkins
So Linkies are so retarded to remember, you know link sold in ICO for 10 cents and stayed below 5 cents until May 2019 ?
Hard to open a chard and DYOR, just believe every shit people say here and be a retarded NPC.
This is why I started this, people need to research, but nobody wants to do the hard work. I started with Velo, literally spoonfed you and you still come with that shit.
Robert Morales
5.6% of the token supply is in private hands, the rest is dedicated to ecosystem growth. And by that I mean locking Velo into the DRS for trusted partners as collateral, that is why there is the need for a huge collateral pool, to not fail miserably like Maker. It was explained above, but again DYOR.
I lived in China for 5 years. EVERYONE pays with wechat or alipay. it's linked to your bank account , and all you have to do is scan a qr code, or send a red packet. you pay for rent, taxis, food, bills , everything using wechat. bringing crypto into a transaction at 711 just complicates the process
Lincoln Cook
thought it was a good thread not velo shill thread
