Crypto Weekly Issue 42

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CRYPTO WEEKLY cryptoweeklymag.com$2 October 2022 | Volume 42 HIDDEN GEMS Page 42 Page 44BEGINNERS GUIDE Page 48VIDEO OF THE WEEK Crypto Real EstateCookie Sale | Kodi | Shade Protoco l Cryptopolis Erik Voorhees Page 18 MAKE MONEY PAIR TRADING Page 16 TIME TO INVEST? Page 24 THE CRYPTO IRA Page 28 THE BORING METAVERSE Page 08 THE MINING THREAT Page 10 THE FASTESTGROWING MARKETS Page 12 REGS COULD DOUBLE BTC PRICE Page 20 ROUGH YEAR WHAT'S NEXT? Page 14 SAYLOR SAY`S 10 TRILLION MARKETCAP
01 02 03 04 05 Fully Doxxed Team Amazing Community Super Fast Listings 125K Mag Subscribers Earn Rewards in USDT ƒ 2 Audits Passed ƒ BKEX listing first 2 weeks ƒ www.t.me/CMC_COIN_1 ƒ www.cmccoin.io ƒ CoinMarketCap/CoinGecko ƒ Within hours of applying ƒ www.cyptoweeklymag.com ƒ Get first 12 Months Free! ƒ Weekly & Monthly Rewards
cryptoweeklymag.com$2 October 2022 | Volume 42 CONTENTS 16 20 28 With Polygon's Blockchain Technology, Starbucks will offer a loyalty program based on NFTs ���������������������������������������7 DEXs, Bridges, and Coin Swaps Played a Major Role in Money Laundering Totaling US$4 Billion ��������������������������������������7 Crypto Mining Is a Threat to U S Climate Efforts 8 Bitcoin Developers Applaud Lightning Labs' TARO Software for Minting and Transferring Assets 9 World's Fastest-Growing Crypto Markets: Middle East and North Africa 10 Chairman Behnam Says Bitcoin Could Double in Price Under CFTC Regulation 12 U�S� President Biden Mellows on Crypto For Now���������������������������������������������������������������������������������������������������������������������������������������������������������������������� 13 Michael Saylor Say's $10 Trillion Market Cap is Coming for Crypto & 500k Price for Bitcoin 14 Is it a Good Time to Invest in Crypto? 16 Make Money with Crypto Pair Trading, a Market Neutral Strategy 18 2022 Has Been a Rough Year for Crypto: What's Next? ���������������������������������������������������������������������������������������������������������������������������������������������������20 Crypto IRAs Let You Profit from Potential Gains Tax-Efficiently������������������������������������������������������������������������������������������������������������������������������24 What must be done to get people to begin using the What must be done to get people to begin using the Metaverse? 28 The Crypto Crash is Eroding Investor Confidence 32 Base Layer Sanctions on Ethereum and Issues Raised About Tornado Cash 35 NFTs' Values Have Been Determined to be Driven By Their Utility ��������������������������������������������������������������������������������������������������������������������� 38 Want to Invest in Real Estate Using Crypto? 44

CRYPTO

CEO

Publisher

Woolley

Editor

Robert Stone

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Design

Divan

Crypto

71-75 Shelton Street,

Editors Letter

Welcome to Crypto Weekly

Crypto

Weekly is the brainchild of the guys at CMC, and I am Rob Stone, Editor; and I hope to bring you an informative read on everything crypto every week of the year Another week has gone by, and this is our 42nd issue of Crypto Weekly

I have been biding my time these last months just standing by and waiting for the impending action to begin again and watching the worldwide crypto market begin to stir anew I see plenty of rug pulls out there doing their thing. The unsuspecting public is definitely still at risk however there are real and solid projects out there continuing to trudge on unceasingly in the background. Progress is definitely being made and the regulators are working things out step by uneasy step� Nothing has been settled yet� The future of the cryptoverse is still emerging from the ashes of past witch burnings and feeding on whatever sustenance the creators of the future provide to build their ideas with hopes of positive outcome�

As usual, a lot of stuff has happened in the last week because the music never stops in the crypto sphere, and the time keeps rolling on� I hope you all enjoy what we have brought together for you this week Please let us know your thoughts, and if you would like to see something featured, please do get in touch�

editor@cryptoweeklymag.com

Robert Stone Editor
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With Polygon's Blockchain Technology, Starbucks will offer a loyalty program based on NFTs

Starbucks (SBUX) will use Polygon's blockchain technology to launch a

non-fungible token (NFT)based loyalty program

In a program dubbed

"Starbucks Odyssey," customers can purchase and earn digital collectible stamps in the form of an NFT that offers "immersive experiences" and benefits.

When Starbucks announced plans for a series of NFT collections in May, it hinted at a Web3 experience that would provide "unique experiences, community

building, and customer engagement " Starbucks Odyssey is now only available to customers on a waiting list

Polygon's native token MATIC responded positively to Starbuck's announcement, trading at $0 93 at the time of writing, an increase of 3 37% on the day —Crypto Weekly

DEXs, Bridges, and Coin Swaps Played a Major Role in Money Laundering Totaling US$4 Billion

In a report by blockchain analytics firm Elliptic, criminals have used decentralized exchanges (DEX), cross-chain bridges, and coin swap services to launder more than US$4 billion worth of illicit crypto gains, as opposed to Tornado Cash being responsible for 7�8 Billion in laundered criminal proceeds

A DEX is a peer-to-peer marketplace where transactions occur directly between crypto traders; a cross-chain bridge allows users to transfer assets and information between multiple independent blockchain networks A coin swap refers to a method to convert a pair

of coins directly into an exchange rate without an account The report estimates that more than a third of all surveyed

crypto stolen events involved cryptocurrencies stolen from DeFis or exchanges According to the report, coin swap

services were used to launder another US$1 2 billion in illicit assets Crypto assets worth more than US$540 million were also laundered through a cross-chain bridge called RenBridge�

According to a June report, FATF, a global money laundering combating organization, is keeping an eye on peer-to-peer transaction risks

After extending the "travel rule" to crypto transfers for three years, FATF reported that approximately onethird of the 53 jurisdictions had not yet begun to introduce the rule into legislation

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Crypto Weekly

Crypto Mining Is a Threat to U.S. Climate Efforts

Crypto mining operations consume a lot of electricity has raised alarm bells for months According to the White House, producing cryptocurrency like Bitcoin could impede U S efforts to combat climate change This conclusion thrusts the Biden administration into a raging debate over the carbon footprint of digital assets Bitcoin has been the primary culprit since the ETH Merge took place, making the Erhwrium blockchain 99 5% more energy efficient.

In its most recent, the White House Office of Science and Technology Policy did not prescribe specific regulations but recommended measures to mitigate crypto pollution The federal government and standards should collect

data on power usage should be established by states and the crypto industry, the office said.

Following U S climate commitments and goals, crypto assets may hinder broader efforts to achieve net-zero carbon pollution According to the report, crypto operations in the U�S� consume about the same energy as home computers

In March, Joe Biden ordered the study as part of future sweeping cryptocurrency regulations The U S has already and will soon release more recommendations and reports on dealing with the asset class from other federal agencies and offices.

Multiple computers compete to solve complex math puzzles to create new coins and validate transactions on Bitcoin The winner adds newly verified transactions to the blockchain in exchange for tokens

Statistics cited weeks ago by the White House show that the U S now

mines 38% of the world's Bitcoin, compared with 3 5% in 2020 According to the document, crypto mining operations can cause air, noise, and water pollution that can harm the environment and exacerbate environmental justice issues for underserved communities In addition, those operations can place additional strain on already stressed power grids through increased electricity demand

Developing Standards

According to the White House, federal agencies and the crypto industry can develop new standards to reduce the impact� Among those measures could be measured to reduce noise generation and promote the use of clean energy As required by Biden's March executive order, agencies and offices across the government have sent the president a series of reports They will continue to be completed ongoing over the next few months

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Crypto Weekly

Bitcoin Developers Applaud

Lightning Labs' TARO Software for Minting and Transferring Assets

Bitcoin Lightning Network users will be able to transfer assets and stablecoins via the Taproot-powered "Taro" protocol.

Lightning Labs, Bitcoin, Lightning, and now, TARO will make it possible to create peer-to-peer Bitcoin and Lightningnative stablecoins that settle instantly, with low transaction fees and no financial intermediaries.

Earlier last week, Lightning Network infrastructure firm Lightning Labs released a test version of the Taro daemon, which allows Bitcoin developers to create, send, and receive assets on the Bitcoin blockchain�

Bitcoiners can issue stablecoins on the Bitcoin blockchain using TARO, a Taproot-powered protocol introduced in April TARO is an important step in bitcoinizing the

dollar since stablecoins are issued on a decentralized and secure blockchain, and Lightning is the fastest global payment network with the lowest fees of any other coins, making it possible for users to transact with the best of both worlds Transactions over the Lightning Network can be instant, high-volume, and very low-cost Bitcoin has needed to compete with Ethereum's merge, and if this works as planned,

it will lower energy demands from Bitcoin to a huge degree� In addition to Taro, Lightning Labs also announced that it raised $70 million in Series B funding According to

"With Taro and the incredible developer community, we can build a world where users have U S dollar-denominated balances and BTCdenominated balances (or other assets) in the same wallet, trivially sending value across the Lightning Network just as they do today," Lightning Labs wrote in its announcement on Wednesday�

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—Crypto Weekly

World's Fastest-Growing Crypto Markets: Middle East and North Africa

According to blockchain researcher Chainalysis, the Middle East and North Africa became the world's fastest-growing cryptocurrency markets in the year to June, with crypto transactions jumping 48%

Despite its small geographic size, a growing level of cryptocurrency

adoption in the MENA region shows the market is growing rapidly Between July 2021 and June 2022, the MENA region received $566 billion in cryptocurrency

Latin America saw the second biggest growth in the same period, at 40% According to Chainalysis, North America followed

closely with 36% growth, followed by Central and Southern Asia and Oceania with 35% growth

Chainalysis' 2022 Global Crypto Adoption Index ranks three MENA countries among the top 30, with Turkey at 12th, Egypt at 14th, and Morocco at 24th Cryptocurrency prices have fluctuated rapidly

in Turkish and Egyptian markets in conjunction with rapid devaluations of fiat (traditional) currencies, making crypto more appealing for saving preservation

After losing 44% of its value last year due to rate cuts, the Turkish lira has fallen nearly 30% to new record lows this year By

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far, Turkey topped the MENA region in terms of cryptocurrency received, receiving $192 billion worth of cryptocurrency in the year to June, despite only growing 10 5% At the start of the year,

Egypt's currency also lost about a quarter of its value against the dollar Chainalysis reported that remittance payments account for around 8% of Egypt's GDP The national bank has already begun

developing a cryptobased remittance corridor between Egypt and the UAE, where many Egyptians work

The six countries of the Gulf Cooperation Council "seldom make it to the top of our grassroots crypto adoption index, as it weighs countries by purchasing power parity per capita, which favors poorer nations," Chainalysis said However, they play an important role in the crypto ecosystem Saudi Arabia, for example, is the thirdlargest cryptocurrency market in MENA

Afghanistan, ranked 20th in Chainalysis' adoption

index last year, has fallen to the bottom because Taliban authorities "equate crypto with gambling," which is prohibited in Islam Afghan-based users had received less than $80,000 in crypto a month on average since November 2021, down from $68 million before the Taliban took power —Crypto Weekly

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After losing 44% of its value last year due to rate cuts, the Turkish lira has fallen nearly 30% to new record lows this year

Chairman Behnam Says Bitcoin Could Double in Price Under CFTC Regulation

According to CFTC Chairman Rostin Behnam, CFTC-led regulation could benefit the crypto industry, possibly boosting bitcoin's price "There may be growth if we have a wellregulated space," Behnam said during a fireside chat at NYU School of Law "Bitcoin may double in price with a CFTCregulated market "

Behnam has consistently advocated for regulatory clarity in the crypto industry, something many in the industry believes is lacking The CFTC and SEC have been arguing over who is the top regulator of the crypto industry for years� Both have been reluctant to offer formal guidance to crypto companies, preferring to take enforcement actions to set regulatory precedents� Behnam argued that institutional investors could enter the market with a clear regulatory framework

Behnam said that incumbent institutions in the crypto space see

a massive opportunity for institutional inflows, which will only happen if a regulatory framework exists According to Behnam, non-banking crypto institutions need regulation, regulatory certainty, and an equal playing field. They may argue otherwise They might argue about the type of regulation – but regulation is what they love the most because they are intelligent, fast, and well-resourced With those attributes, they can outperform everyone else

Settling the debate through legislation Senate Agriculture Committee leaders oversee the CFTC and have introduced a bipartisan bill that would make the CFTC the primary regulator of the crypto industry� In addition to expanding the agency's authority to oversee crypto spot markets and requiring crypto trading firms to register, it did not explicitly define where the CFTC's purview ends, and the others begin According to

Behnam, the bill includes a provision allowing the cash-strapped agency to charge fees to regulated entities - a requirement for CFTC to tackle the crypto regulation challenge

Behnam told the audience on Thursday that the CFTC's ability to effectively deal with crypto crime has been impacted by its dual issue of jurisdiction over crypto markets and its relatively small operating budget According to Behnam, Congress is currently appropriating money for us, which has put us in constant uncertainty about how much money will be appropriated Five or six years of flat funding have left us with wounds and scars "

CFTC officials say they have only begun to scratch the surface of the issue "The 60 or so cases we have brought have been based solely on whistleblower reports, customer complaints, and tips we have received," Behnam said "In addition, we lack the traditional surveillance tools and market oversight tools necessary to monitor trading platforms, oversee broker-dealers, and other similarsituated intermediaries... those are the types of things we fall short on, not due to a lack of effort, but due to a lack of jurisdiction," he explained Crypto Weekly

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U.S. President Biden Mellows on Crypto For Now

Washington might not be able to provide clear regulatory guidance on cryptocurrencies anytime soon White House officials released a series of reports on crypto earlier this month, calling it the first comprehensive framework for digital assets But some Wall Street analysts and crypto industry officials disagree.

The problem isn't the breadth of the reports� Biden's executive order in March required agencies to analyze everything from the environmental impact of crypto miners to the risks posed by stablecoins backed by Treasury securities Payments,

criminal activity, and speculation involving crypto were addressed in more than 200 pages from agencies, including the Treasury and Commerce Departments�

Some analysts say the reports mostly identified problems and called for further study rather than future rules for the industry Despite not creating a comprehensive framework, the reports identify opportunities and risks (with a focus on the risks) across the digital asset ecosystem, according to Bank of America strategists Alkesh Shah and Andrew Moss

More reports are expected, according to the White House Among the U S agencies that monitor financial system risks, the Financial Stability Oversight Council is instructed to produce a report by early October that details "specific financial stability risks and regulatory gaps associated with digital assets " According to an administration official, the forthcoming FSOC report is most important for identifying regulatory gaps and making specific recommendations, as per the order Considering the reports that have already been released, "I think we took some very important steps in focusing on the need for the prudent regulation of cryptocurrencies," the administration official said.

There is a lack of control at the White House, which may explain the lack of clarity� The CFTC (Commodity Futures Trading Commission) and SEC (Securities and Exchange Commission) are the agencies with the most power over crypto markets These agencies are independent, which

means the White House cannot order them to do anything Congress may have to decide on fundamental questions, such as whether crypto tokens should be treated as securities or commodities

The White House, for the most part, has never expressed any views on most of the issues "The reports are simply reports and have no clear recommendations attached The only clear recommendations were to "engage in aggressive investigations and take action against illegal activities pertaining to digital assets " However, there has been a semblance of a framework put forward for consideration. A first- for crypto in the U S about what regulations should look like� A framework was developed to help the financial services industry evolve so that borderless transactions may become easier and combat fraud in the digital asset space� The directives tap the muscle of regulators like the SEC and the CFTC, but nothing is mandated yet —Crypto Weekly

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Michael Saylor Say's $10 Trillion Market Cap is Coming for Crypto & 500k Price for Bitcoin

Traders brace themselves for a Federal Reserve "sledgehammer" that could trigger a crash "worse than 2008 " Earlier this month, a surprise Biden administration warning pushed the bitcoin price lower after it attempted to climb above the psychological level

Michael Saylor, chairman, and co-founder of MicroStrategyMSTR -2�3%, a bitcoin acquisition vehicle, forecasts bitcoin will surpass gold in ten years, with a potential market cap of $10 trillion and a price of $500,000 for bitcoin He predicts bitcoin will

"institutionalize" within ten years, first regaining its position as a $1 trillion asset before exploding to $10 trillion, without

specifying a date "In his words, bitcoin will eventually replace gold as a non-sovereign store of value, said Saylor to MarketWatch this week, adding gold is worth $10 trillion "Bitcoin is digital gold It's 100 times better than gold; if it reaches gold's value, it will be worth $500,000 per bitcoin " Investment giant Fidelity is reportedly considering offering bitcoin trading services to its 34 4 million retail investors after Blackrock opened the

floodgates to institutions in recent months Saylor cautioned that he does not have a short-term price prediction, noting that the Federal Reserve's monetary tightening has caused extreme volatility across all asset classes

A few times, the bitcoin price has reached $20,000 per bitcoin I believe that this is a stable level, Saylor said, pointing to the bitcoin price's moving average over the past four years as a potential bottom

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—Crypto Weekly

Is it a Good Time to Invest in Crypto?

Crypto has been shaky all year. Is it still worthwhile to invest?

In recent years, the crypto market has been particularly volatile�

Despite a slight rally in recent weeks, the biggest cryptocurrencies are still down substantially from their all-time highs

The price of Ethereum, for example, is down roughly 70% since its peak in November Bitcoin is down more than 71% from its high, and Solana has tumbled by a whopping 90%� Some investors are concerned that a market crash may still loom, so is now the right time to invest in crypto?

It depends

Should you stop investing for now?

Due to the lower prices, market downturns are one of the worst times to sell your investments, but they can be the best time to buy Investing in crypto several months ago and selling now would lock in your losses Is that what you want? Of course not

In some cases, pressing pause on investing can be a smart move -- particularly if money is tight It may be best to avoid investing if you can't afford to leave your money invested for at least a year or two� You might have to sell your investments if crypto prices continue to fall and you suddenly realize you need the money

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Continued investment makes sense when the markets are down

It could actually be a great time to buy right now if you have a solid stash of savings and can continue investing� It is notoriously expensive to invest in cryptocurrency, so if you buy now, you'll be able to do so at a fraction of the price At its peak, Bitcoin

costs nearly $70,000 per token, currently costing around $21,000 per token

As of this writing, Ethereum is trading for around $1,300, down from its all-time high of roughly $4,800 per token

The Key is Long Term Investment

You should, however, hold your investments for

a long time The crypto market can be extremely volatile, and timing the market to buy and sell at just the right moment is almost impossible Investing for the long term, however, could lead to huge profits. If you had invested in Ethereum three years ago, you would have seen more than 900% returns despite several major downturns�

Any cryptocurrency cannot be guaranteed to succeed in the long run The best way to protect your money is to hold on to your investments for the long term

Is cryptocurrency right for you?

Long-term investments in crypto can be fantastic, but not everyone is suited to them. Your financial situation and tolerance for

risk will determine whether it belongs in your portfolio

Ensure you have a healthy emergency fund and stable finances before investing In this way, if crypto prices fall, you can stay invested until they recover Your willingness to take risks should also be considered At the moment, cryptocurrency is still speculative, so it's not a sure thing Your chances of making money are good if it succeeds If it fails, you could lose your entire investment� Think about whether you are willing to take that risk before you buy�

The decision to buy crypto depends on your unique situation, and there's no right or wrong answer You can decide whether it's right for you by weighing the pros and cons

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Make Money with Crypto Pair Trading, a Market Neutral Strategy

Cryptocurrency trading is typically associated with high risks and high returns. The marketneutral trading strategy can help you make money in a bear market.

Crypto traders can also deploy lower-risk trading strategies.

How do crypto trading pairs work?

Trading pairs are pairs of crypto assets that can be traded for one another One asset's value is measured in relation to another asset's value

By using the pair trading strategy, traders can bet on one asset against another without being affected by the market's overall direction Among the most popular crypto

trading pairs is BTC/ETH, where bitcoin is traded against Ethereum

Traders can make a trading profit if the cryptoasset they went long outperforms the crypto asset they went short when they open long and short positions on two comparable crypto assets with a high correlation A trader could, for example, enter into both a long BTC position and a short

BSV position with the same risk amount if they believe bitcoin SV (BSV) will continue to lose value against Bitcoin� The trade is profitable if BSV drops more in value than BTC by the time the trader closes both positions

Why is it beneficial to trade marketneutral pairs?

The market-neutral nature of pair trading attracts

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FEATURE

prop traders, hedge funds, and other market participants As long as the asset bought outperforms the asset sold, a pair trade could make money even if the market collapses

Pair trades are a great way to trade crypto markets since sharp market movements do not affect their profitability. The advantage of pair trading is that it allows traders to generate a profit in any

market If the asset bought outperforms the asset sold, a pair trade will make money regardless of how the market performs Pair trading is considered a low-risk strategy, making it appealing to crypto market participants concerned about the high volatility of crypto asset markets

In a crypto bear market, how can you profit from pair trading?

Crypto pair trading might be a good strategy for active crypto traders during a bear market When you have the knowledge and experience to hold both a long and short position simultaneously, pair trading actually has relatively low entry barriers In order to short crypto, you will need an account with a crypto exchange offering a variety of tradable assets�

After choosing the two crypto assets you want to trade, you need to research to determine which one will outperform the other If they are comparable assets (e g , layer-1 tokens like ETH, DeFi tokens, or metaverse tokens), they should also have a relatively high correlation (e g , layer-1 tokens such as ETH) Shortselling a crypto asset whose performance you believe will underperform is the next step

If you believe ETH will drop in value less than AVAX during the bear market, you could go long ETH and short AVAX The value of ETH has dropped less than that of AVAX since the midNovember 2021 peak, so putting that trade on then would have been profitable.

Don't forget to pay attention to fees Keep an eye on fees whenever you deploy a crypto pair trading strategy A trade's profitability can be affected by trading, withdrawal, blockchain, and borrowing fees on short positions� Fees will reduce your profit from trading even if the asset you bought outperforms the asset you sold Knowing the fees associated with opening and closing your pair trade on your chosen platform is important

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—Crypto Weekly FEATURE

2022 Has Been a Rough Year for Crypto: What's Next?

Asof this writing, 2022 has been a turbulent year for cryptocurrency or digital assets. There has been a dramatic drop in the price of major assets like Bitcoin and Ethereum since their peak in late 2021. In the end, these pullbacks led to the bankruptcy of several crypto platforms and a crash that wiped out the value of several large cryptocurrencies. Since their all-time highs, many coins have seen massive price drops.

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When it comes to investing in crypto, what should you keep in mind?

The Basics of Crypto & Recent Declines

The following is a brief summary of crypto and recent major events: Digital currencies are alternative payment forms such as Bitcoin, Ethereum, and others Cryptocurrencies are traded using blockchain technology, which has been hailed as a game-

changer. Confirming transactions eliminates the need for a central clearing authority, making it easier for those excluded from financial institutions to access the economy The allure of crypto is both its potential and its speculation Even though crypto was hailed as "inflation-proof," its recent tumbles quickly affected its market value

A major event recently was the dramatic collapse of TerraUSD, an algorithmic stablecoin that behaves like cash LUNA, linked to

TerraUSD, crashed, and panic selling began when TerraUSD's algorithm failed to maintain its peg with the dollar The total market capitalization of both tokens has dropped by tens of billions of dollars

The collapse of the cryptocurrency hedge fund Three Arrows Capital (3AC) was another major event that rocked the digital asset world� As a result, other crypto trading platforms that were counterparties to 3AC had to freeze client withdrawals

Investing in cryptocurrency shouldn't scare you away Before investing in a digital asset, it is prudent to consider its fundamental value proposition and fully comprehend its utility

Several websites advertise new coins based on recent spikes in performance; rosy claims about these coins' long-term potential are inevitable The seed

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The fundamental value proposition versus the 'pump and dump' strategy.
FEATURE

investors in digital assets tend to promote their projects to keep prices up, allowing them to gain additional momentum and price appreciation

Similarly to the fluctuations of "meme" stocks, holders of some assets will use the internet and social media to promote their assets in an attempt to pump and dump them Although some successful investors have used this strategy, it carries a high risk, and over-concentration of this type of asset can be devastating Newer and lesser-known alternative coins should not be chased for returns

A well-established player is Bitcoin, followed by Ethereum.

After the recent fallout, it may become a renewed

priority for the federal government to regulate digital assets Investing in Bitcoin and Ethereum, which are both highly established digital assets, would be a more conservative strategy

They have both begun to rise in value since their mid-June lows, coinciding with positive returns in other risk assets

The most well-known and largest digital asset is Bitcoin Among institutional investors, it is also the most widely adopted digital asset

One of the nation's largest asset managers recently announced a partnership with Coinbase to offer its clients digital asset trading With a broader demand in portfolios, institutional demand for Bitcoin could steadily boost its price Global payments can also be

sent and received using Bitcoin�

Market capitalization-wise, Ethereum is the secondlargest digital asset Due to its use as a network for several digital assets and projects, including "DeFi" and "Decentralized Finance," Ethereum has

a unique value Ether's demand increases as more projects are built on Ethereum's network It is also expected that Ethereum will be able to reduce its carbon footprint by 99% in the next quarter with a major upgrade Since early July, ether's price and interest have surged

Cryptocurrency on your mind? Make a conservative investment. My recommendations for digital assets are typically

conservative, given the above� As we have seen in 2022, digital assets are highly volatile compared to stocks

While the Nasdaq composite, representing tech stocks, was down about 33% year to date at its lowest point, the more well-known S&P 500 index was down around 24% At its lowest point, bitcoin's value dropped more than 60% from the end of 2021

The correlation between digital assets and stocks is generally low Low correlated assets are desirable in modern portfolio construction since they do not move in lockstep when one asset rises or falls

You don't want every asset in your portfolio to decline simultaneously if the market is panicking and assets are selling off.

Cryptocurrencies can provide diversification benefits and increase potential returns for a well-diversified portfolio. It is possible that digital assets can also provide some excess return potential when stocks are flat or trading in a range. Investing portfolios should be periodically reassessed to determine if any tactical or strategic adjustments need to be made

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Crypto IRAs Let You Profit from Potential Gains Tax-Efficiently

There isn't a day that goes by without bitcoin being mentioned in the news� As a result of the cryptocurrency's phenomenal price rise, from zero to approximately $20,000 at the time of this writing,

you may be tempted to invest Especially since we have recently had the crash, prices are possibly near the lowest they may go The question is, how? Bitcoin can be purchased with a good old IRA An IRA is one of the most familiar

vehicles for investing in finance's newest asset Can you feel the excitement? Perhaps� IRAs are well-suited to bitcoin investments in many ways Every investment strategy, however, has its pros and cons

What is a Crypto or Bitcoin IRA?

Among the dozen types of cryptocurrencies available for trading and investing, Bitcoin is the oldest and most popular Bitcoin IRAs are retirement accounts

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that include bitcoin in their portfolios� Despite their name, these accounts also allow you to invest in other cryptocurrencies, such as Ethereum or anything else in the crypto spectrum

IRAs that hold stocks, bonds, ETFs, or mutual funds can't hold bitcoins You must instead set up a self-directed IRA (SDIRA) Crypto, like bitcoin, is considered property by the Internal Revenue Service (IRS), so regular IRAs cannot hold them Since IRS rules are a little looser, you can hold things like property or alternative investments in a selfdirected IRA

What bitcoin IRAs are and how they work

Bitcoin IRAs are similar to regular IRAs in some ways Investing within them generates tax-free returns, income, and gains� Although you can set one up with any amount of funds, the IRS limits your annual contributions to $6,000 for 2021 and 2022 (or $7,000 if you're 50 or older)

It is also possible to set up a bitcoin IRA as a traditional account (which allows you to deduct contributions and tax them upon withdrawal) or as a Roth account, which does not allow you to deduct contributions but

allows you to distribute them free of tax�

"If you think Bitcoin will explode in price in the future," Bogner says, the Roth version may have an edge Investors who withdraw money from Roth IRAs at retirement will likely be in a higher tax bracket, which makes Roth IRAs a good investment If the currency goes up 10 or 20 times, they won't owe anything on their bitcoin gains - because the Roth is funded with after-tax dollars

Your IRA can be used to purchase bitcoin.

While Bitcoin IRAs are similar to traditional IRAs, there are a few differences "Self-directed" IRAs are managed directly by the account holder (rather than a financial advisor or money manager)� Your regular brokerage, bank, or investment app probably does not handle these The type of asset you're interested in is the only type of selfdirected IRA that can be acquired through firms that specialize in that asset type

IRAs or other taxadvantaged accounts can be rolled over, or new funds can be contributed to these accounts in the future

A bitcoin IRA requires special custodians that can hold and deal with cryptocurrencies Some custodians require an application, which guides you through the process

You can confirm and compare its fee structure and operations by visiting its website or calling its customer support line You don't want your account holdings to be vulnerable to hackers, so find out how your bitcoins will be stored and how security measures will be implemented

The Advantages of Bitcoin or Crypto IRAs in General

Increasing diversification Portfolio diversification can be achieved by including cryptocurrency holdings It

may help to protect those retirement accounts in the event of a major market downturn or another tumultuous event Possibilities for growth IRA investments have a long-term outlook and can provide significant returns over time Some investors believe that the possibility of growth outweighs the risk of losses regarding growth potential This is especially true for the long-term holder Many investors who want to add crypto holdings to their IRAs are more concerned about diversification than the future popularity and accessibility of cryptocurrencies

Tax Strategies

Using a tax strategy can help you avoid hefty capital gains taxes when you

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FEATURE

invest in cryptocurrency In a Roth IRA, for example, you can realize capital gains without being taxed since you have already paid taxes on the funds Crypto placed in a regular IRA is taxable when withdrawn Taking withdrawals from your IRA could give you a tax advantage if your income-and, possibly, your tax bracket-is reduced after you start withdrawing In a regular IRA, you do not pay taxes on profitable trades, only on withdrawals The same tax treatment would apply to trading crypto from a Roth IRA as it would to hold it there

Disadvantages of Bitcoin IRAs

Several disadvantages of cryptocurrency IRAs for Bitcoin investors, such as market volatility negatively impacting retirement funds Moreover, IRA service providers require fees like initial account setup fees, maintenance fees, trading, and custody fees to be paid by Bitcoin IRA holders Also, there is a yearly contribution cap limit of $6,000 or $7,000for people above 50 years old or above, respectively, as per the 2021-2022 accounting year, restricting some investors from holding BTC� Furthermore, be aware that there may be a case that Bitcoin IRA does not support your preferred crypto exchange

As investing in Bitcoin IRA does not incur your taxes, you cannot offset losses arising from your crypto investments In addition, using your Bitcoin IRA, you cannot invest in conventional securities like mutual funds, bonds, etc , making you open more than one retirement account to meet your investment needs

Moreover, IRA service providers may charge a penalty for withdrawing your funds prematurely from your BTC individual retirement account, indirectly making it a challenging form of investment

How to open a Bitcoin IRA?

Selecting a custodian supporting self-directed IRAs or Bitcoin IRA service providers, along with your details like identity document, home address, etc , on hand, are the prerequisites to opening a Bitcoin IRA� Buy BTC through an exchange but track the service charge and any other fee required by intermediaries The next step is to fund your IRA account with Bitcoin or another cryptocurrency Depending on the custodian, you can use the account to trade cryptocurrency, invest in other crypto assets and perform other actions Additionally, you can

roll over your Bitcoin investment or IRA account�

Should you open a Bitcoin IRA?

Investing modest retirement funds in alternative assets, like BTC or other cryptocurrencies, could bring an upside and serve as a hedge against losses from conventional holdings However, as investment period and risk tolerance level differ from person to person, one must only invest in assets that align with their goals Also, given the volatility of cryptocurrencies, opening a Bitcoin IRA is probably not the most sensible choice for individuals getting closer to retirement

You should also conduct extensive due diligence on the provider and cryptocurrencies when investing in a Bitcoin IRA Before making any move, you should understand the fee structure and the initial investment requirements Additionally, if you are a risk-averse investor, keep in mind the volatility of cryptocurrencies when investing in a Bitcoin IRA IRA custodians should never guarantee that your account will be protected from losses if your holdings' value or price drops That's not the case There is no protection from investment loss There is protection against literal losses, such as thefts or

the firm going bankrupt.

Investing in Bitcoin IRAs is a good option Suppose you're a crypto enthusiast but also looking for tax savings Having a familiar type of account makes dealing with it easier Regular accounts allow you to hold bitcoin on crypto trading platforms such as Coinbase and Binance US Compared to other IRAs, these can have higher fees and account minimums, so decide whether the tradeoff is worth it

Bitcoin IRAs can be set up with several wellknown, established companies, including:

iTrustCapital

CoinIRA

Bitcoin IRA

BitIRA

Due to the young nature of this field, it may be difficult to find information on a firm. Some are little more than sales platforms Consider your options carefully before choosing a custodian

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FEATURE

WHAT MUST BE DONE TO GET PEOPLE TO BEGIN USING THE WHAT MUST BE DONE TO GET PEOPLE TO BEGIN USING THE

Facebook's decision to rename itself Meta Platforms has inspired a new interest in the virtual worlds that make up the Metaverse, a space Mark Zuckerberg has described as the "embodied internet�" As a result, virtual real estate sales have boomed, creating a cottage industry for speculators, and even big brands like Adidas and Nike have established their own Metaverse offices.

There are several signs, however, that the Metaverse's popularity is beginning to wane significantly and may never recover Google searches have fallen due to Facebook's name change, which originally spiked general interest in the Metaverse� People have called Meta graphics "boring and dead "

Following Facebook's rebranding

announcement, both Decentraland's and Sandbox's currencies have declined in value There are almost no visitors to their virtual worlds Though Decentraland's Metaverse is the most popular of all metaverses, it remains empty, boring, and not much different from just another quickly made online game a teenager might throw away There has been a lot of

disappointment among users because they haven't experienced the same level of excitement and engagement in Decentraland as they did in other virtual worlds As a result, no one is returning�

What is causing this? Although companies are investing billions in virtualand augmented-reality technologies, moving to a new computing platform might be more

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FEATURE

difficult than anticipated, according to Zuckerberg�

Besides novelty, there must be a compelling reason to join virtual worlds like Decentraland Ideally, they should simplify work, offer entertainment, or offer some other significant advantage over physical devices�

At the moment, none of these virtual worlds seem to be trying to fulfill that promise - nor do they

seem to stand a chance of doing so� Meanwhile, lawns still need to be mowed, and bills still need to be paid in the real world The big issue is that businesspeople who wanted to ride the wave created virtual words as a way to make quick money from experimental budgets spent by brands However, few are game designers or have a passion for development Few have a handle on

creating a long-lasting product people love�

There are a few gaming platforms that have captured a younger audience Around half of Roblox's users are under the age of 13, which makes it extremely popular with younger children� It seems to have done what Facebook wanted to do years ago and continues to do well Kids can play games, interact with each

other, and create their own worlds on Roblox�

The graphics are brighter and less violent than in Minecraft and Second Life Gen Z knows how to have fun when it comes to socializing and gaming� Thus, it's no surprise that a socializing, tech-first gaming app like Roblox is popular with them

Only 14% of Roblox's users are over 25 The Roblox platform is constantly innovating to give its

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users the best possible experience, from avatars and games to chat and social functions Currently, most Roblox players are under 16, so the game and, in turn, the Metaverse is being led by today's youth Because Roblox has such a large user base of young people, it's no wonder the game continues to evolve

With Roblox, you can be as creative and free as you like In addition to being a test bed for new ideas and concepts, it has its own ecosystems and economies� Roblox's community makes it an ecosystem rather than just a game, and the community gives it its unique identity Having a place to experiment is what makes Roblox so exciting It is constantly innovating and expanding Whether it's a complicated fighting game or just

chilling out in your virtual living room, you can make an experience with it There's even a Hilton Hotels group (Bloxton Hotels ingame) Advertising isn't the only reason Roblox was created Play, community, and engagement have attracted users

and advertisers yearly Advertising companies don't seem to know how to build something as compelling as Roblox - a place to hang out, play, and spend time with friends - without feeling like forced, cheesy fun keeps you there to

advertise As of yet, these companies do not seem to have figured out how to balance their activities

Since they are looking for easy money, they don't want to Creating an entertaining and engaging environment is important without being too intrusive or overwhelming If not, people will get turned off and go elsewhere

That's why Roblox is so successful - they've created a space that feels like a safe haven from the constant bombardment of advertising we're subjected to everywhere else

Is the Metaverse over before it ever really began? No, just the one created by shady companies hoping to cash in on a trend

—Crypto Weekly

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FEATURE

The Crypto Crash is Eroding Investor Confidence Robert Stone

Crypto markets are eroding fast In the first full week of September, Bitcoin prices fell below $19,000 for the first time in months, losing around 6 2% For most of the second half of 2022, traditional markets were plagued by fears over the Federal Reserve's hawkish monetary policy as prices slowly recovered before falling again

Crypto markets have been choppy across the board A low-swinging price of Bitcoin, Ethereum, and other cryptocurrencies

has caused mass selloffs, pushing the sector's valuation under 1 trillion dollars

Markets are under pressure from surging interest rates and rampant inflation, and crypto is no different Increasing uncertainty, extreme volatility, and bearish sentiment have accelerated the deterioration of market conditions It remains possible, however, that prices will shoot up again in early 2023 due to a potential flip.

Crypto Investment is Slowing

KPMG is a global network of professional firms providing audit, tax, and advisory servicesthey say investments in crypto companies and overall crypto assets have declined For most of the year, crypto-based investments have been shrinking as prices retreat further� For the first half of 2022, investments in crypto companies have fallen to $15 8 billion It is more than half the $33 5 billion recorded for the

same period last year

Despite a tumultuous year for crypto markets and major U S indexes, investor confidence has suddenly recovered� Many argue that Bitcoin's hawkish performance, which reached $17,600 in June, its lowest price for 2022, caused the slowdown in investment incomes This year alone, the cryptocurrency price has fallen by more than 50% According to analysts, investment sentiment will shrink even further by the beginning of 2023

32 www.cryptoweeklymag.comOctober 2022 | Volume 42
FEATURE

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) Y D

In this year's market, investors are changing their portfolios and looking for intuitive ways to shelter themselves from possible recessions, which for the most part, has kept them on their toes Crypto investments are also decreasing due to a change in interest

According to the same KPMG report, some investors may soon start switching their interests, opting to support projects that they believe will drive meaningful monetary growth

In spite of the switch to crypto, other market areas, such as blockchain technology and decentralized finance (DeFi), remain important for the sector and investors looking to support them

Most of the uncertainty in recent months has been brought about by investors and the markets, but wellmanaged companies have incorporated

steadfast strategies into their frameworks� As a result of Bitcoin's slow performance in recent months, sentiment surrounding blockchainbased companies and public stock options have also declined

It is good news, however, that some major institutional investors remain optimistic about market conditions, particularly Bitcoin Analyst Mike McGlone stated, "Bitcoin is a wild card that will outperform when stocks bottom, but will transition to be more like gold and bonds "

Stock markets and cryptocurrency markets will be influenced by the ongoing price movements and the Fed's monetary tightening Despite the disparity, some analysts believe crypto will outperform traditional stocks soon� Investors might be hoping for a swing in this direction, but it is a big one�

Further Change May Come From the Ethereum Merge

On Sept 13, the longawaited Ethereum Merge will take place, making the coming weeks a crucial period for the crypto market The Ethereum network would be switched from a proof-of-stake (PoS) system to a proof-of-work (PoW) system, dubbed the consensus mechanism, in the upcoming upgrade Some doubt whether the Merge will significantly impact ether's price, while others claim it could trigger a mass buying frenzy�

While the Merge may push market sentiment into new territories, some have argued Ethereum has too much influence over the crypto market and that its 400 decentralized apps could kickstart a more positive outlook�

The bottom line

One finds it difficult to place oneself in today's

situation Over the last few months, the crypto market has shrunk significantly, and experts believe it will continue to do so into the new year Retail investors are interested in the crypto market because of the possibility of a revival, but institutional and commercial investors still dominate the market As confidence has declined over time, investments have slowed, but things can turn around again

Keeping an eye on key performance indicators is essential for most markets, particularly the crypto market In general, it has the same ability to rise as it has to fall With your continuing education in the crypto industry, you will develop the sense to see where the needle points� Have an exit plan, if necessary, based on what's driving the needle Protect yourself from any potential setbacks by being prepared

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FEATURE

Base Layer Sanctions on Ethereum and Issues Raised About Tornado Cash

Last month, the crypto industry was stunned when the U S In its sanctions list, the Treasury's Office of Foreign Assets Control (OFAC) included 45 public Ethereum addresses that contained Tornado Cash byte code, or smart contract, potentially making interactions with those addresses illegal Tornado Cash sanctions are an unprecedented extension of the sanctions

law, as until now, all addresses on the list belonged to known "criminals "

Tornado Cash is a decentralized, immutable, non-custodial smart contract, not a company or entity As a mixer, Tornado Cash protects users' privacy in an otherwise public network by decoupling sender and recipient Because a smart contract is clearly neither

a person nor an entity, industry participants argued that OFAC overstepped its authority when it added the smart contract address to the SDN List According to a recent lawsuit, the Tornado Cash sanctions also had catastrophic implications for people trying to preserve their privacy while making donations to Ukraine One of the most pernicious results of OFAC sanctions is that they

can be misinterpreted as requiring censorship of blocks involving sanctioned addresses by "base layer" participants, including validators and other actors such as builders, pool operators, relays, and searchers This means that base layer participants would either exclude sanctioned addresses from their proposals or refuse to attest to any blocks containing these

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EDITORIAL

addresses A network could be censored by default or "forked" into two incompatible versions due to either action

The law should not be interpreted this way Blocks involving addresses on the SDN List are not required to be monitored or censored by crypto's "base layer" to comply with sanctions, just as the Simple Mail Transfer Protocol (SMTP), which facilitates email transfer and interoperability, is not responsible for monitoring spam or illegal activity

OFAC, the government agency responsible for enforcing sanctions, has broad statutory authority that U S courts have historically deferred Crypto's base layer, however, does not involve financial transactions and other activities prohibited by sanctions, such as publicly recording the order of data blocks� Compliance programs must be risk-based and tailored to the specific activities in question rather than shutting down all activities as a key requirement of sanctions

OFAC prohibits U�S� persons from transacting with designated SDNs and requires them to "block" their property A blockchain network's base layer does not transact with sanctioned partieswhether a transaction is

confirmed depends on the broader global consensus, regardless of the individual participant's actions

In the same way, a bank can freeze an account, cryptocurrency's base layer participants cannot "block" the property of a sanctioned party A sanctioned person's property is never in the possession or control of any base layer participant As a result, censorship applied to crypto's base layer amounts to an inability to report a transaction, not a blocking ability

U S persons are also prohibited from providing "services" to designated parties under sanctions, including facilitating transactions with them A U S person who "assists" or "supports" transactions involving sanctioned parties are subject to these prohibitions� However, interpreting crypto's base layer as providing "services" or "facilitating" transactions would conflict with previous OFAC regulations and enforcement practices

A public record of data blocks by the crypto's base layer is no different from the existing network infrastructure that routes financial messages daily around the world in terms of "facilitating" transactions

with sanctioned parties or providing "services�" Moreover, OFAC regulations state that "facilitating" does not include activities of a purely clerical or reporting nature, which is crypto's core function Moreover, crypto's decentralized base layer infrastructure has distributed basic functions to independent participants, reducing the likelihood of each actor's actions meeting this threshold

By focusing on transactions between parties sending digital assets to sanctioned addresses rather than the activities of the base layer, OFAC's recently released FAQs on Tornado support compliance obligations As long as it doesn't involve a prohibited transaction with Tornado Cash, they state that "interacting with open-source code itself is not prohibited�"

Block censorship at the base layer would be an unwarranted, malicious expansion of sanctions law� Furthermore, it would be counterproductive and potentially harm national security interests, much less the interests of the people, which is contrary to the stated goals of OFAC and the recent executive order by President Biden As a result of the requirement to censor blocks under

Crypto's base layer, however, does not involve financial transactions and other activities prohibited by sanctions, such as publicly recording the order of data blocks

sanctions liability, many participants of crypto's base layer are likely to move offshore, including key on-ramps and offramps U S regulators would have less visibility into transactions as a result, which would limit their ability to influence the technology's development

Censorship at the base layer would also undermine the wholesome utility of blockchain technology

Like the telephone network, crypto's base layer is at its core a communications protocol and part of the technological infrastructure that should be considered a public good� Its key function –publicly recording the order of data blocks – is similar to the role we expect the core internet infrastructure (like TCP/ IP) to play, to freely and accurately disseminate information through the network� To maintain its utility, crypto's base layer must maintain its neutrality and lack of bias� When the government crosses the boundary, it reflects its intention to wreak havoc rather than facilitate the law

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EDITORIAL
ONLINE SOCIAL NFT GAME Initial Room Offering First And Only Real Estate Sale Different Rarities CRYPTOPOLIS Sign up for the whitelist today for a chance to win a Rolex Datejust 41, approx. value $15.000 USD “The Sims Of Web3” “1380 Rooms For Sale”

Non-fungible tokens (NFTs) have seen tremendous popularity and sky-high values surge, causing legitimate and ongoing worries about a bubble, as many projects lack realworld application Despite the hype, the actual utility of NFTs will be the catalyst for mainstream adoption As is the way of the free market, things tend to sort themselves out, and

the survivors among the top NFT projects will be the ones that offer realworld use cases� The importance of adding value and functionality to NFTs cannot be overstated� One of the most wellknown uses for NFTs is the ownership of digital art pieces like CryptoPunks In 2021, play-to-earn (P2E) gaming was another massively popular use case However, the true

NFTs' Values Have Been Determined to be Driven By Their Utility

value or use case of a socalled work of art being created out of nothing that serves no other purpose is quite dubious, and the public has caught on to that� The Starry Night Capital NFT fund is now in the hands of liquidators, which plan to sell off the assets CryptoPunks and Other 'Starry Night' Ethereum NFTs off to cover Three Arrows' obligations There are other uses for

NFTs besides simple art concepts that many people find little or no value in� As evidence of ownership and proof of provenance, NFTs can be of assistance and useful to firms in various sectors. Furthermore, by granting commercial rights to NFT owners for their assets, collections have access to a branding strategy that complements their public image

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FEATURE NFT

However, additional use cases are needed for NFT technology to reach mainstream adoption They add value and usefulness to NFTs, making them stand out in the sea of digital assets Picture-forproof (PFP) projects may have driven NFT growth in 2021, but much of it was driven by investors trying to make money Most copycat projects offered no utility to holders except to mimic popular projects and promise vague "future developments " market leaders like the Bored Ape Yacht Club have actual utility, granting owners access to events and copyright licensing to monetize their NFTs

Moreover, brands that want to use NFTs for their business models and industries need a solid strategy Unfortunately, many people have entered the NFT market without a proper plan or

vision, jumping on the hype train or for cash grabs Consequently, NFT hype has confused investors and consumers

Users want their investments to have utility In recent years, the market and offers have shifted to NFTs with more utilities than just gimmicks due to increased knowledge and awareness about NFTs The market seems to be shifting away from a focus on utility as it matures, with investors becoming savvier and expecting additional applications, so those who are of "dubious value," such as cartoon figures, suffer. The cartoon figures that may be used as avatars in crypto games are taking the lead in this market People are also considering longterm investment rather than just speculative profit.

Ted Mui, CEO at Chibi Clash, said in a recent

interview, "The market is going to shift towards utility because people are becoming more cautious about how and where they spend their money. Because of this, they say a bear market is for building. The promise of good art alone will not convince people to

invest their hard-earned money" He went on to say:

" NFTs will be adopted into wider society due to their utility and ease of use. It is still quite foreign for most people to own digital art; at best, it is a cool idea. The utility will catalyze mainstream adoption of NFTs, leading to wider acceptance."

What are expanded use cases?

The use of NFTs for digital ticketing is promising in real-world applications NFT tickets are essentially digital assets that store a user's credentials

The ticket holders can also receive additional benefits, such as

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access to backstage areas, merchandise, and other items, to make their experience more immersive Aside from rewarding artists, event organizers, and other stakeholders with recurring royalties, NFT tickets can also help to strengthen relationships with fans by providing recurring royalties

By 2025, the NFT ticketing market will be worth $68 billion, presenting a promising practical application NFT tickets can be tracked on a blockchain ledger by everyone, making it easier to track when and where a ticket was purchased� Also, smart contracts allow NFT tickets to be priced at a fixed price, preventing scalpers from inflating their prices

This rule will allow organizers to decide how royalties are distributed after secondary ticket sales when tickets are transferred NFT utilities have also gained traction in metaverse real estate An area of digital land a user may

own on a metaverse platform is known as NFT virtual land Due to their uniqueness and simplicity in demonstrating digital ownership, NFTs are ideal for representing land ownership on a metaverse platform In addition, NFT land can

be used for various purposes, including working, socializing, gaming, and promoting their businesses A plot's value is determined by its usefulness, rarity, the project it will house, and speculation in the market

You can purchase land directly from a project via land sales or through a secondary market exchange like OpenSea Other users can use the virtual land to build and rest Before making a purchase, it is crucial to understand the risks and benefits of the virtual property and the project that will be built on it

When investing in virtual land, investors face the risk of losing money if the value of the land decreases over time A greater focus on utility will result in several positive changes, one of which is the potential solution to the problem of investors seeking quick liquidity and immediate returns Transactions for properties in digital realms are jumping, guided by the same principle in the physical world: location, location, location The appeal of cryptocurrencies and NFTs will always be strong for people looking to become rich quickly, but utility emphasizes ownership over shortterm flipping

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FEATURE NFT
www.estatex.euCLICK HERE www.estatex.eu

Developed on Secret Network, Shade Protocol consists of a network of privacypreserving Dapps Due to the high speed of the Secret Network, Shade has not only created a product that is privacy-friendly, scalable, and interoperable, but is also very easy to use

Despite their inherent security, traditional stablecoins, such as those pegged to gold or fiat, have a major weakness; they lack privacy Using a stablecoin means that the merchant knows far more about you than with a credit card or debit card, allowing them to discriminate against you

Based on the Secret Network and SNIP20 private and fungible token standard, SILK gives

holders the option to make their transactions private or public. With advanced flexibility and auditable privacy, SILK is a 4th generation stablecoin

Since inflation remains a growing concern globally, Shade Protocol offers a stablecoin that doesn't adhere to a single fiat currency or asset, but can react to global trends as they change With Shade Protocol, everything will be under one umbrella, including a decentralized exchange

As governments consider how to interact and use cryptocurrencies, and more nations adopt cryptocurrencies as a hedge against inflation, at the same time the world's population becomes more familiar with cryptocurrency, stablecoins will remain a major topic of discussion The answer to the question of what a stablecoin should be, can be found in SILK

A social game where you can collect, earn, win, and display your NFTs while playing and socializing with your friends

The vision of Cryptopolis is to make managing digital assets fun Cryptopolis strongly believes in the future of crypto gaming Being able to have fun and make money at the same time is not a utopian dream anymore

It is here And Cryptopolis wants to make it the most fun for any adult to do so Play-to-earn is the approach we chose because Cryptopolis believes anyone should be able to acquire Cryptopolis NFT's Cryptopolis merges the Sims-like mechanics with room decorating

and social interaction In Cryptopolis your NFT collection and in-game experience get you to the top of the tower Make real money with the $CPO tokens by winning wager matches throughout the Tower, buying and selling NFT's, and winning tournaments The future of NFT gaming is here

Cryptopolis is free-to-play & play-to-earn An online social platform with a blockchain back end and an associated cryptocurrency ($CPO) - Cryptopolis has a progression system based on acquiring resources, items (as NFTs), and prestige - Where players connect with each other and perform activities together But they also compete with each other for ingame standing (prestige) and $CPO in various minigames. Cryptopolis is the first gamified social platform whose users can earn real money by playing and trading NFTs

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shadeprotocol cryptopolisgame Shade_Protocol CryptopolisGame PROJECT 1 PROJECT 2 Shade Protocol (SHD) SILK Cryptopolis ($CPO) ShadeProtocol CryptopolisGame HIDDEN gems

Cookie Sale launched in February 2022, and aims to become one of the biggest launchpads for tokens on the BSC With its sleek design and easy-to-use interface, CookieSale looks to be adaptable and adoptable for developers and a safe environment for investors CookieSale works side by side with Kodi’s marketing & advertising agency Pitch. This benefits developers and holders of Kodi as well As a developer, you will be able to use CookieSale as an “A to Z” platform

From advertising to zhooshing up your “cookie” there will be something that satisfies almost anyone’s tastes As a Kodi holder, a percentage of the revenue generated through

CookieSale will be bought back into Kodi and then airdropped to holders, holding 10 million or more Kodi tokens

Backed by powerful auditing companies such as Certik, SpyWolf, Brewlabs, Dessert Finance, Contract Checker, and HashEx developers will be able to choose between three pre-audited contracts or create their own and have it audited separately Other key features include liquidity locking, anti-bot features, custom airdrops, visual cues to aid in identifying safer investments, and more

One notable feature that stands out amongst other launchpads is that CookieSale will only charge a flat fee for listing Developers will be able to launch the right way, without the fear of a large sell from the launchpad taking profit.

Kodi’s mission is to create a one-stop-shop IDO platform and provide investors with an interactive Entertainment Network that will keep users engaged, informed, and entertained while investing in the crypto space

Clear Vision

Kodi`s vision is to create an ecosystem that will be a driver in promoting a safer economic environment for crypto investors to participate in and for developers to grow their projects. Kodi is creating an industry-first Entertainment Network that will become THE place for crypto investors to socialize, have fun, win prizes, and learn about everything crypto Is there anything more about Kodi? How do you, as an investor benefit? Kodi by itself, is an entertainment project Kodi plays games post podcasts, do AMAs, have tournaments, live streams, and play plenty of music� At Kodi there are two subsidiaries� "Pitch" being the in-house advertising agency, which is a one-stop shop, all things content creation, both in crypto and fiat. Branding, websites, commercials, you name it Kodi does it The Pitch Advertising Agency and

CookieSale launchpad Cookie Sale will work in unison to become the go-to destinations for developers to build their brands and launch their projects With Cookie Sale, you can launch your project from A to Z Gone are the days of taking your token supply Kodi simply charges a flat fee, no strings attached.

So how do you benefit as a holder? Well, if you're, a holder of at least ten million KODI you receive BNB, rewards automatically deposited into your wallet You also can participate in Kodi`s weekly games where you can win, BNB for free But here's where things get really exciting Two percent of every transaction goes straight into the Kodi treasury contract The treasury buys back Kodi tokens, creating an increase in price, and stores them in the treasury Twenty percent of these tokens are burnt and 80% gets used to top up the staking pools as needed revenue generated through pitch and cookie sale also gets added to the treasury contract This creates the everincreasing price floor, whilst also removing tokens from circulation Go say hi on their telegram community, or check out their website at Kodicoin com

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cookiesale kodicoin cookiesaleio kodi_coin PROJECT 3 PROJECT 4 Cookie Sale Kodi (KODI) cookiesale kodicoinofficial HIDDEN gems

guide

Want to Invest in Real Estate Using Crypto?

44 www.cryptoweeklymag.comOctober 2022 | Volume 42 BEGINNERS

The idea of owning and trading fragments of physical real estate might have seemed unimaginable a few years ago Blockchain technology, however, has opened up new opportunities for fractional ownership and investment

in real estate The tokenization of real estate provides new liquidity to the market by facilitating trades and investments in properties

Real-world asset tokenization has become a hot topic in the industry

due to blockchain technology's long-awaited debut in real estate In traditional industries, tokenization often triggers controversy since being digital and global in scope; the complexity is new to people Is there a way to make illiquid real estate ownership more liquid using real estate tokenization? Take a look at this

How does tokenization work?

On a blockchain, tokenization involves the division of traditional assets (like real estate) into digital tokens Doing that makes it easier for people to invest in and trade such assets and helps make the market more liquid Tokenization involves converting asset ownership rights into digital tokens on a blockchain, which can be used to tokenize several things, including metals, real estate, art, and other tangible assets, as well as those that are intangible, such as intellectual property rights, and regulated financial instruments, such as bonds and stocks

With tokenization, real estate properties are fractionalized (divided into smaller parts) by storing tokens on a blockchain

By doing so, investors can own part of a token's underlying real-world asset without buying or managing a whole property

Real estate tokenization can help make it easier for investors to buy and sell properties Investors can now purchase tokens representing portions of properties rather than the entire property In addition to making investing easier, it also helps create a more accessible market called liquidation

Tokenization's benefits

By making investing and trading assets easier and more accessible, tokenization has the potential to revolutionize the way we invest and trade assets

Liquidity: As a result of converting illiquid real estate assets into "tokens," direct investments in properties are treated as indirect investments Due to this, issuers can secure higher liquidity since there are no limits on the number of buyers Moreover, tokenization also allows for fractional ownership, allowing more potential investors to participate in investments

Transparency: Real estate industry transparency has been enhanced by using

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blockchain technology

Every transaction on the network is visible due to the decentralized ledger A more secure and trustworthy system is created when completed transactions cannot be changed, manipulated, or canceled By increasing transparency, trust and confidence are built in the market, and fraud is reduced

Automation: Smart contracts automate several processes in real estate transactions, including document verification, title transfers, compliance, and dividend payments This can help streamline and streamline the process for all parties involved, saving time and money

Accessibility: As a result of tokenization, a wider range of investors can participate in fractionalizing real-world assets As a result, once available only to a select few, assets can now be accessed by a broader audience This increased accessibility democratizes and levels the playing field in the market

Geographical constraints are reduced.

With public blockchains, assets can be tokenized globally, making them available to investors

everywhere Global markets can be connected through this, breaking down geographical boundaries If a blockchain complies with relevant Know Your Client and AntiMoney Laundering laws, Japanese investors can now purchase tokenized real estate in New York

Tokenizing Of Real Estate Assets in 3 Steps

1) Deal structuring:

Choosing the type of asset to tokenize is the first step in this process The two most common options for property owners are: Forming a special purpose vehicle (an entity created by the parent company) or becoming part of a real estate fund Dividend, partial governance, and equity share rights are

also determined during this step

2) Choosing a Blockchain Platform: After choosing the tokenization platform, the next step is to create the tokens Among the most popular platforms for tokenizing real estate assets are RealT, Slice, and Harbor�

A platform used by property owners creates smart contracts using blockchain technology to automate the sale, transfer, and dividend payments of tokens

Tokens can run on several different types of blockchains.

• Public Blockchains: Since they are decentralized and open-source, anyone

can get involved in public blockchains Ethereum and Bitcoin are two examples of public blockchains

• Private blockchains: An invitation from the network administrator is required to join private Blockchain networks Blockchain networks are often used by businesses and organizations to manage their internal records

• Hybrid blockchains: Combining both public and private blockchains, hybrid networks provide users with a best of both worlds experience�

3) Token issuance and distribution

Like stocks listed on the stock market, investors receive security tokens for funding during an initial public offering (IPO) During

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a security token offering (STO), tokens are created, issued, and distributed

Upon completion of the STO, investors can buy and sell these security tokens on a digital asset exchange

Tokenization's Benefits for Real Estate.

Tokenization provides new liquidity to the market by making it easier to trade and invest in real estate The tokenization of properties allows investors to buy and sell fractional ownership As a result, the real estate market has become more liquid and changed how people invest in and own real estate properties

Traditional real estate remains illiquid and opaque despite being one of the largest worldwide markets Just under $300 trillion is the current value of the global real estate market According to critics, many factors contribute to this, including high investment costs, long investment horizons, expensive intermediaries, and inefficient settlement cycles�

By connecting blockchain technology with traditional real estate, tokenization is helping solve these problems By tokenizing 0 5% of the global property market within the next

five years, the real estate market could grow exponentially to $1 4 trillion, according to a recent study by Moore Global Tokenizing even a small portion of traditional real estate could significantly improve market liquidity

According to traditional principles, selling assets is the only way to gain liquidity in real estate Tokenization changes this, however It's now possible for property owners to take advantage of their property's liquidity without selling it

With blockchain technology, assets can be broken down into smaller pieces, ownership can be represented, democratizing investment in previously illiquid assets can be made possible, and market fairness can be enhanced It applies not only to real estate assets but also to company shares, valuable art collections, etc�

Digital asset exchanges allow tokens to be sold to investors who can trade them and earn rental income� Let's say a property owner generates $10,000 in monthly rental income from a $1 million rental property Ten thousand tokens could

be issued at $100 each if the property is tokenized Despite this, the property owner would still retain ownership of the property and continue to receive a

rental income However, they would also have the necessary liquidity without selling their assets

—Crypto Weekly

Tokenization of real estate investing may pose risks.

The following risks should be considered by investors when tokenizing real estate:

Since real estate tokenization is a relatively new phenomenon, most jurisdictions have not yet regulated it Therefore, tokenized real estate is at risk of adverse changes in laws and regulations�

If the value of digital assets decreases, investors could lose a substantial amount of money quickly

Any investment comes with a risk of fraud The importance of thorough research and due diligence when investing in tokenized real estate cannot be overstated�

For many investors, the rewards of investing in tokenized real estate outweigh the risks Before investing, be aware of the risks and conduct extensive research

47www.cryptoweeklymag.com October 2022 | Volume 42 BEGINNERS
How can real estate assets be liquidated without being sold?

of the week

Erik Voorhees: Governments Can't Stop Bitcoin 'Despite All Their Guns and Weapons'

The ShapeShift founder and early pioneer in the space talks about why bitcoin poses an existential threat to fiat money.

48 www.cryptoweeklymag.comOctober 2022 | Volume 42
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