Crypto Weekly 3/1/2022

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CRYPTO HIDDEN GEMS Page 26

SOLANA MAY BE THE NEW ETHEREUM Page 12

WEEKLY

happy new year

$2 cryptoweeklymag.com January 2022 | Volume 08

The Coming Transformation of Ethereum

The 3 Blockchain Stocks that Will Return Big in 2022 Page 02

34,000 Bitcoin ATMs Have Been Installed Around the world

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Elon Musk=Not Nakamoto?

How to Become an Effective Crypto Investor Page 06

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Using the Metaverse to Reshape Both the Virtual and Real Estate Landscape Page 08

Valor reaches presale cap of 2000 BNB in 48 HOURS!!

We Need to Change the Direction of US Tech Diplomacy to Preserve the Internet’s Future Page 10

Metaverse ETF from ProShares to track industry heavyweights Meta, Apple, and Nvidia

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The Facebook Metaverse: A Public Relations Campaign of Historic Proportion Page 24

$2.00US $2.00CAN

Web 3.0: What Is It and Why Should I Care? Page 28


EDITOR’S LETTER

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Amazing Community www.t.me/CMC_COIN_1

Welcome to Crypto Weekly

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elcome to the 8th issue of Crypto Weekly. Well, we had a bang-up year last year and I expect the new year will be no different. It's incredible the progress we have made with the periodical and we are happy with how things are going. Crypto is on the edge of a great explosion of acceptance around the world and there is a great opportunity for anyone taking part in the crypto revolution. Crypto is so important that it may shake up the status quo in such a way that it may save the world and that's the truth! We at Crypto Weekly are looking forward to the future right along with all of you. I see crypto as portraying the depth of needed change in the world and I want to leave you with a quote from Mario Savio.

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Crypto is so important that it may shake up the status quo in such a way that it may save the world and that's the truth! We at Crypto Weekly are looking forward to the future right along with all of you.

There is a time when the operation of the machine becomes so odious, makes you so sick at heart, that you can’t take part; you can’t even passively take part, and you’ve got to put your bodies upon the gears and upon the wheels, upon the levers, upon all the apparatus, and you’ve got to make it stop. And you’ve got to indicate to the people who run it, to the people who own it, that unless you’re free, the machine will be prevented from working at all! —Mario Savio Crypto Weekly will answer all of your questions. Whether you're new to crypto or have some experience, we're here to help. I hope you all have fun. Now that we have reached the end, it is time to turn the page, but let us know your thoughts. If you would like to see something featured, please get in touch with me. I feel I have finally found a home. editor@cryptoweeklymag.com

editor@cryptoweeklymag.com

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Robert Stone Editor

January 2022 | Volume 08


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The 3 Blockchain Stocks that Will Return Big in 2022 network was launched on the Bitcoin mainnet in March 2021 by Microsoft's Decentralized Identity team. Bitcoin's blockchain is used to create digital IDs for online authentication. According to Yorke Rhodes, Director of Strategy and Transformation, Blockchain, and Cloud Hardware Supply Chain, Microsoft is expanding its team of blockchain experts. Decentralized finances and non-fungible tokens are of interest to the company. Microsoft's blockchain endeavors will also help it establish a presence in the metaverse.

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he increasing adoption of cryptocurrencies has pushed blockchain technology to the forefront in 2021. However, it is not the only factor driving demand for this dynamic technology. Blockchain technology facilitates data tracing, security, visibility, and management, as well as supply-chain supervision. Blockchains are electronic ledgers. As it deploys a distributed consensus model, it is relatively faster at closing a transaction due to the elimination of the need for manual processing and authentication by intermediaries. In addition, since blockchain uses distributed consensus, it is difficult to alter data without alerting the entire network. As a result, the system is extremely secure. Technology is used to develop secure financial transactions, advance shipping and transportation, modernize government agencies and institutions, and even identify serious illnesses. It protects against identity theft and piracy as well. Forbes estimates that by 2022, businesses will spend $11.7 billion on blockchain solutions. According to

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PwC, blockchain technology has the potential to add $1.76 trillion to the global economy by 2030. The three stocks are well-positioned to benefit from blockchain's growing popularity. Zacks has rated all three stocks as Buys. The computational power required for blockchain development is provided by NVIDIA GPUs. NVIDIA benefits from the demand for cryptocurrency mining. NVIDIA's Cryptocurrency Mining Processor (CMP) is a product for professional mining. In addition to allowing for better airflow while mining, CMPs have a lower peak core voltage and frequency, thereby improving mining power efficiency. Since it was released, the product line has generated $526 million in revenues for NVIDIA. According to Zacks Consensus Estimates, the company will earn $4.33 per share in fiscal 2022, up 4.6% over the last 60 days. As for revenues, they stand at $26.69 billion, which represents a 60% increase from fiscal 2021. Over the past year, NVIDIA shares have increased by 132.3%. Microsoft's initiatives with blockchain technology are noteworthy. The ION Decentralized Identifier (DID)

Zacks Consensus Estimates for the company's fiscal 2022 earnings have been revised upward by a penny to $9.13 per share in the past 60 days. It is expected that revenues will reach $194.98 billion, an increase of 16% from fiscal 2021. So far this year, Microsoft shares have increased 53.4%. Because of its expertise in financial services, ACN has been a dominant force in the blockchain space. Blockchain is being used by Accenture to create smart digital contracts. Acenture Blockchain for Contracts encrypts existing contracts and places them on a shared blockchain database that all parties can access to view warranties, revise, and accept changes, all captured on the blockchain. With artificial intelligence and blockchain, Accenture believes the fourth industrial revolution can be brought about by reinventing economics and information exchange. Within the past 60 days, the Zacks Consensus Estimate has been revised 4.2% higher to $10.54 per share. Revenues are expected to reach $59.85 billion, an increase of 18.4% from fiscal 2021. The stock has gained 59% year to date.  

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34,000 Bitcoin ATMs Have Been Installed Around the world O

ver the past 12 months, the price of Bitcoin has increased by over 65%. The infrastructure in the cryptocurrency market is also improving as Bitcoin, and other cryptocurrencies gain popularity. The number of Bitcoin ATMs worldwide increased by more than 100% over the past year, according to CoinATMRadar, a platform dedicated to tracking the number of cryptocurrency ATMs around the world. A Bitcoin ATM is an Internet-connected kiosk that allows customers to purchase Bitcoins with fiat currencies. Bitcoin ATMs also enables users to exchange Bitcoins for fiat currency. Bitcoin ATMs are not like the regular automated teller machines (ATMs) that customers can

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physically withdraw cash from their accounts. A Bitcoin ATM sends the Bitcoins to a user's digital wallet via a blockchain-based transaction, often via a QR code. Globally, about 14,000 Bitcoin ATMs were in use at the start of 2021. By the end of 2021, the number will reach 34,000, an increase of roughly 20,000 Bitcoin ATMs in the past year. In the United States, there are 30,123 Bitcoin ATMs, the most in the world. Second place goes to Canada, with 2,216 Bitcoin ATMs installed in the country, while third place goes to Bitcoin-friendly El Salvador with 205 ATMs. Bitcoin machines are now available on all continents. Over the weekend, Bitcoin exceeded $50k. The

leading cryptocurrency slipped below the $50k mark again yesterday despite the recovery. As of press time, BTC is trading above $47k, with technical indicators showing the cryptocurrency is currently struggling. Bitcoin is trading below its 50-day moving average of $53,403. As a result of the latest bearish performance, the MACD Line remained below the neutral zone, and the RSI of 39 could dip lower if the current market momentum continues. Bitcoin must hold the support level at $44k for its recovery to resume soon. A slip below the $44k support level could result in further losses for the leading cryptocurrency. This has been the case for three weeks.  

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ProShares Files a Metaverse ETF Application With the SEC A

ProShares exchange-traded fund (ETF) focusing on the metaverse has been filed with the U.S. Securities and Exchange Commission (SEC). ProShares said its "Metaverse Theme ETF" would track the Solactive Metaverse Theme Index, which includes companies participating in the metaverse industry. According to ProShares, the index will expose stocks listed on the New York Stock Exchange (NYSE) or Nasdaq that meet specific market capitalization and liquidity criteria. Solactive Metaverse Theme Index includes tech giants such as Apple, Microsoft, Intel, Meta Platforms (formerly

When approved, ProShares' ETF will join four in South Korea, two in Canada, and Roundhill Ball's NYSE-listed ETF launched in June.

Facebook), and Nvidia. Metaverses are created through the convergence of virtual worlds, augmented reality, and the internet. ETFs focused on the metaverse have flourished in response to its growth. Recently, they have attracted considerable investment.

The subversive capital acquisition company (SPAC) filed an SEC application to create a metaverse exchange-traded fund. Stocks of companies that provide services and products to support the infrastructure and applications of the metaverse will be invested in the fund. Additionally, ProShares was the first to win SEC approval for a Bitcoin ETF, which trades under the ticker "BITO" on the NYSE.  

The Ready Player Me project raises $13 million with multiple avatars and virtual worlds R

eady Player Me has raised $13 million in a funding round led by venture capital firm Taavet+Sten to become the metaverse's go-to avatar company. Nike and others rush into the virtual fashion space with their metaverse bets, adding interoperability to the bustling virtual fashion space by creating a non-fungible token (NFT). According to a press

release, Ready Player Me wants users to maintain their identity and avatar across virtual worlds, serving as a "connective passport for the metaverse." The company reports that more than 1,000 companies already use the items on their platforms. The press release says that the media conglomerate Warner Brothers, fashion designer Dior, and sportswear brand New Balance have all partnered with the company for future involvement in the metaverse. In an interview with CoinDesk, Ready Player Me CEO Timmu Tõke said "building a sound

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avatar system takes six to twelve months. To make it easier for users, we are doing the work for developers. We want the outer layers of virtual worlds to be unified for a smoother user experience." Participants in the round included GitHub co-founder Tom PrestonWerner, Konvoy Ventures, Samsung Next Ventures, and Tiny VC. Avatar companies, like Genies, have been betting on celebrities as a way to drive mass adoption of virtual fashion in recent months. The luxury NFT marketplace UNXD announced Monday that it would hold a virtual fashion week in the widespread Decentraland metaverse, one of many examples of how companies are combining traditional fashion with experimental virtual spaces.  

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FEATURE Crypto Weekly

How to Become an Effective Crypto Investor

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he hype surrounding cryptocurrency is hard to escape, from Elon Musk saying that "there is a good chance that crypto is the future currency of the Earth" to headlines like this one that predict that Bitcoin could hit $100,000 by 2023. Whether either of these things happens or crypto takes a turn for the worse remains to be seen, but one thing is for sure: There's a lot of action happening around cryptocurrency. Triple-A estimates that there are more than 300 million crypto users worldwide and over 18,000 businesses accepting crypto payments this year. Many colleges and universities are slowly adding cryptocurrency courses to their curriculum to keep up with this fastpaced industry. As cryptocurrencies have grown in importance, FinTech MBA courses have become increasingly crypto-centric. Please don't assume you're investing in a safe space.

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We are very used to investing in a secure environment. Traditional equity markets are transparent, and specific rules govern the trading process. It is not entirely in place for crypto, either on the corporate side or the trading side. Investors should pay attention to the trading sides and be very wary. If you are investing in crypto, how much, if any, should you put into it? Experts differ on this. All participants need to know this. Regulators in the United States have pushed for new rules regarding crypto.... The market is pondering whether crypto lending products are securities, how stablecoins and decentralized finance should be regulated, and whether SECspecific rules apply. People should allocate 1% to 5% [of a portfolio to crypto]. It's a very high risk, so it must be a long-term investment, and people need to look at it like a

small-cap tech stock. It would help if you looked at it like you're a gambler walking into a casino. Many people walk into a casino and budget how much they are willing to lose. How much are you willing to lose? It depends on your gambling risk tolerance if that is the case, however. Whenever a new crypto innovation appears, don't fall for the hype. If we can identify inefficiencies and build a better system, everyone will benefit. It's essential to understand how particular innovations add value. Innovation is not productive for the sake of innovation. It is necessary to understand the value of particular innovations. There are no proven business models among the crypto-backed ventures, so some crypto-backed ventures will fail. That doesn't mean there aren't significant innovations; you have to know where to look.  

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agree that Metaverse will go beyond simply wearing a VR headset and creating an avatar. By helping qualified people buy real houses faster with digital mortgage lenders, Herman says they can "challenge the legacy mortgage industry."

Using the Metaverse to Reshape Both the Virtual and Real Estate Landscape

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magine you want to buy a home in Atlanta, San Francisco, or Tampa, Florida - three of the nation's most competitive housing markets. However, your dreams may crumble while you wait to get a loan for the mortgage as allcash bids come rumbling in, squeezing you out of the market. Companies like UpEquity can help in this regard. Using its underwriting technology, which includes machine learning, artificial intelligence, and algorithms, the startup verifies clients' applications and approves them faster. It also works with all-cash buyers. UpEquity's Andy Pruitt claims they have cut the average closing time from 50 to 18 days. Furthermore, they believe newer technology that will power the much-promised Metaverse may lead to even shorter closing times in the future. There is already a land rush taking place in the virtual real estate market. Andrew Kiguel is the CEO of Tokens.com, a blockchain business based in Toronto.

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The world's first virtual real estate company, Metaverse Group, bought about 50% of the company for $1.7 million in October. In less than a month, Kiguel's company spent a then-recordbreaking $2.5 million on 116 parcels of virtual real estate in the Metaverse in hopes of attracting advertisers. Kiguel told USA TODAY that he feels "very, very confident" about the situation. The Metaverse, also known as the "next internet," is an evolving array of digital platforms that allow users never to have to leave their homes for entertainment or socializing - an evolution accelerated by COVID-19 and its variants. As the Metaverse takes shape, both UpEquity and Tokens.com expect the physical and digital real estate sectors to boom. In October, Facebook renamed its parent company Meta with an increased focus on virtual reality (VR), bringing the term more mainstream attention. In addition, much of the Metaverse is also unclear,

It was suggested that prospective buyers take 3D tours of homes or digitally map renderings of properties without seeing them in person. As a result of safety precautions from COVID, this technology has become a reality. What's the reason? The Metaverse may allow homebuyers to decide between buying a home in a highly competitive market within minutes rather than hours or days. Additionally, UpEquity believes the Metaverse will remove barriers for inspecting and buying homes, as well as whether having an all-cash offer makes or breaks a deal. According to Herman, the increase will exacerbate the supply and demand problems we are already experiencing. It will be easier to make an offer sight-unseen because people will feel more comfortable making them.

according to experts. "We're still trying to figure out the convergence of physical and digital worlds," says Cathy Hackl, a tech strategist who helps companies adapt to the Metaverse. According to LightShed Partners, a New York-based firm specializing in technology and media research, Metaverse is "perhaps the most overused and misused term in 2021." Virtual reality, augmented reality, blockchain, artificial intelligence, machine learning, and 5G are among the technologies Hackl said would run the metaverses. "Several companies and technologies are involved," Hackl said. Metaverse technology is likely to change real estate sooner than later, according to UpEquity. Power Buyers makes allcash offers to rising buyers, enabling them to get into homes they want. According to the National Association of Realtors, more than 33% of non-firsttime home buyers made all-cash offers in April, compared with just 6% of firsttime buyers. Herman and Andy Pruitt

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"Millennials, who face high hurdles to homeownership, most often lose out because they have smaller budgets, are rejected by lenders, and don't have enough cash on hand." Pruitt said. Pruitt said she wants them to make an offer without fear of rejection or feeling resigned to being tenants forever. "This doesn't seem fair or right in helping to stabilize communities across the country." UpEquity anticipates originating more than $1 billion in mortgages within the next 12 months. That's up from $100 million in 2020. Pruitt said the two-year-old startup has worked with "thousands of buyers." Revenue has grown 500% year over year. According to Pruitt, the future of homeownership is here, but it is not equally distributed. UpEquity plans to expand to at least a dozen more states and California, Texas, Colorado, Florida, Illinois, and Georgia. UpEquity executives predict that a crossover will characterize the Metaverse from digital to physical. This trend will continue as consumers embrace metaverse technologies and companies like

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Herman and Andy Pruitt agree that Metaverse will go beyond simply wearing a VR headset and creating an avatar. By helping qualified people buy real houses faster with digital mortgage lenders, Herman says they can "challenge the legacy mortgage industry." UpEquity incorporate them into their business models. Pruitt said, "We're still working on it." Blockchain company Tokens.com recently broke ground on a digital tower in virtual site Decentraland with hopes of making money off of events, tenant leases, and advertising. Hackl predicts that the next ten years will be crucial for critical building as "each of these metaverses will have a different role to play.".

Snatching up virtual real estate The Metaverse Group's physical headquarters are in Toronto, but its virtual headquarters are in Crypto Valley (the Metaverse's Silicon Valley). Crypto Valley is a virtual website where users can play games, hang out, and attend concerts. NFTs or nonfungible tokens are already used in the Metaverse by luxury brands like Gucci and Louis Vuitton. As with other cryptocurrencies such as bitcoin, NFTs use the blockchain to process, verify, and record each cryptocurrency transaction. What would motivate Kiguel and others to invest so much in a digital space you can't touch? He is betting on potential profits from the evolving digital and virtual areas within the Metaverse. In October, Decentraland's Fashion Street district hosted a four-day metaverse music festival featuring 80 artists and attracting 50,000 virtual attendees, which convinced Kiguel to buy land there. The Sandbox, a popular virtual property site, announced that Republic Realm, a New York-based metaverse real estate company, had spent a

record-breaking $4.3 million on virtual land through Tokens.com. According to the Wall Street Journal, Republic Realm purchased 2,500 virtual land plots across 19 virtual worlds, including a mall, 100 virtual homes, and an island. Eventually, the area will be a virtual fashion destination similar to Beverly Hills' Rodeo Drive and New York City's Fifth Avenue. In The Sandbox and on other platforms such as SuperWorld and Upland, she says she has some virtual real estate that has already appreciated in value. Somnium Space, another virtual land site, is currently selling parcels for $10,000, while on the secondary market, Decentraland and Sandbox are the cheapest. "I see this as owning a piece of the future of the internet," Hackl said. "Owning pieces of the internet, for some may see it a silly frivolous thing, but I take it very seriously. It is not a game to me." Token. com's Kiguel estimates his metaverse portfolio is valued at ten times more than his purchase price. A parcel of land in the heart of a virtual downtown with lots of potential visitors would be priceless. "Location is everything!" said Kiguel. Due to its immersive nature, Kiguel believes the Metaverse can be more extensive than social media, which many are using to counter the isolation caused by the pandemic to raise their business profile. Kiguel said it is the next iteration. It will "return some power and control to its users."  

January 2022 | Volume 08


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internet models, such as censorship and surveillance, gain traction rapidly. Currently, 3.7 billion people are without internet access. Developing countries that comprise the bulk of this group will determine the future of the internet as connectivity improves - and at present, they are more likely to receive financing from China than anywhere else. A multipolar internet is inevitable, but its direction open or closed, liberal or authoritarian - is not.

We Need to Change the Direction of US Tech Diplomacy to Preserve the Internet’s Future T

o maintain open, liberal values online, the United States proposed that "like-minded democracies" form an "Alliance for the Future of the Internet" following the recent Democracy Summit. Continuing a long line of cooperative efforts is a promising prospect for achieving goals. Unfortunately, as it stands, it risks failing. Having delayed the launch due to disagreements between officials, the U.S. must take this opportunity for a rethink. Several factors explain why an alliance is necessary: Global Internet freedoms are at risk, governments compete to assert their authority, and a decades-old governance system based on voluntary bodies is at stake. According to Tim Wu, a new initiative to promote and defend open, liberal values in the internet era is sorely needed, adviser to the Biden administration on technology policy. As a result, the United States' emphasis on "like-minded democracies" working

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together may undermine its own goals. Neither a small club of democracies talking among themselves nor coercion alone will secure the future of the open internet. As a result, any Alliance must focus on economic and security incentives from the start to build a broad and sustainable coalition for the long term. Make sure you stay on top of your game. Internet policy that is more internationalist would be better suited to the U.S. than in the past. Innovative, interoperable networks and dumb pipes - infrastructure without a vision of the content it transports - lead to economic and social value creation. America's disproportionate jurisdictional power has supported the open internet model since the 1960s: Even though it hosts only 7.1% of global core infrastructure services, it hosts 61% of the world's internet users. Only China, which has 19% of the worldwide internet

users, possesses a comparable level of geopolitical influence. Despite American hegemony, free internet access is no longer guaranteed. A growing number of countries are at a tipping point regarding their internet governance as authoritarian

For any alliance to succeed, it must go beyond the cliché of "like-minded partners" and document a twin strategy, combining economic and security incentives as well as open internet commitments such as banning internet shutdowns, to encourage a broader range of countries to join. Focusing only on the cooperation between today's democracies is over-indexing a narrower and narrower internet section. There are still areas where traditional allies are at odds, like the European Union and the United States in multiple areas of Internet regulation. It will be essential to use this strategy to persuade countries to consider more restrictive internet policies. Access to social media has been restricted in 31 of 54 African countries since 2015. In some cases, these shutdowns result from overt repression and should be met with a robust international response. In other cases, however, chaotic policy, a low capacity state, and a lack of investment in content moderation from social media firms have led to regrettable actions that might have been avoided.

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A growing number of countries are at a tipping point regarding their internet governance as authoritarian internet models, such as censorship and surveillance, gain traction rapidly. Currently, 3.7 billion people are without internet access

U.S., U.K., Korea, and Japan, while also generating a 25x return. This year while the G7 launched its "Build Back Better World" initiative, intended to compete with China's infrastructure offer, it did not come with any additional funds. Few efforts have been made to reform IMF and World Bank development programs, which the United States can influence despite being uncompetitively bureaucratic, risk-averse, and expensive for many African leaders who face fragile development pathways and urgent development job-creation demands.

In Africa, the West too often treats states as nothing more than "proxy battles" in a larger U.S.-China "cold war." Neither of these perspectives is helpful. China is not a monolith: It is the West's partner, competitor, and an adversary at the same time. China cannot be forced out of the global internet infrastructure market by the U.S., EU, or others, nor should they. Africa, the U.S., and China would all be better served by a globally competitive market for internet infrastructure, with no one state either monopolizing provision or footing the entire bill. Furthermore, African countries have their political priorities and challenges, but it is also in the West's economic interest to offer support. For example, connecting all 3.7 billion people without internet access would cost just 0.02% of the gross national incomes of OECD states, including countries such as the

This program has failed because of years of political inertia and lack of ambition. However, a reset could be provided by the Alliance for the Future of the Internet. To succeed, it must demonstrate that there is no path to prosperity that compromises internet freedoms while also providing the guidance and incentives to enable a different approach. To truly protect the open, global internet in the long run, we need to build broad, international coalitions in everyone's economic and security interests. There will always be some countries that will never sign up, but such strong incentives could convince many "swing states" - such as Indonesia, Kenya, or Brazil - to join.  

Only China, which has 19% of the worldwide internet users, possesses a comparable level of geopolitical influence

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January 2022 | Volume 08


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FEATURE Crypto Weekly

prioritized speed over safety, and it has been attacked multiple times, raising security concerns. A distributed denialof-service (DDoS) attack was recently conducted against the network. Solana remained online throughout the attack, but investors' confidence was shaken. Its price fell more than 20% in the days following the incident, and it is currently nearly 30% lower than its peak in November. It is not the first time Solana has been attacked. In September, the network went offline for around 17 hours.

SolanA May Be the New Ethereum

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thereum has had a stellar year, but there's another cryptocurrency that could surpass it. Ethereum can be a significant investment, but it's also pricey. Solana is a more affordable option that has experienced astronomical growth. Before you buy, you need to consider the risks, and it's not the best investment for everyone. The price of Ethereum has risen 437% since the beginning of the year, making it one of the most successful investments of 2021. At just under $4,000 per token, it is also one of the most expensive cryptocurrencies. Ethereum will become more expensive as it continues to grow. You may also want to consider Solana if you're looking for a more affordable investment with similar growth potential: Solana is one of the breakout stars of the crypto world, and while it does have its downsides, it could be the Ethereum of 2022. What makes Solana a good investment at the moment? It is currently the fifth most

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popular cryptocurrency, with over $ 52 billion in market capitalization. The market capitalization of Ethereum currently exceeds $452 billion. Thus, it is in a good position, as it has achieved enough traction to compete with the most prominent players in the crypto market, yet still has plenty of room for growth. Ethereum is also very similar. Marketplaces and decentralized finance applications can be hosted on either network. Solana is faster than Ethereum. Solana reportedly handles 65,000 transactions per second, compared to Ethereum's 15 transactions per second. This speed has caused many developers to flock to Solana's network, making it the fastest-growing blockchain ecosystem in the world. There are risks associated with Solana, even though it may be one of the most promising cryptocurrencies to emerge in 2021. Critics claim Solana has

Several experts worry that Solana will still face security concerns. An institutional investment firm recently reported that Solana uses a consensus mechanism not widely used by other cryptocurrencies. The proof of history protocol is used, which is more efficient than other systems but may not be as secure as other systems. Therefore, Solana may be more vulnerable to attacks. What is the return on investment for Solana? Solana's price has soared by more than 11,600% since the start of the year, despite its recent volatility. Its lightning-fast speed sets it apart from its competitors, and more developers are switching from Ethereum to Solana as a result. But there are some security concerns. As the network scales, attacks could become even more frequent, so Solana needs to do what he can to prevent further incidents. Solana's long-term success is uncertain. Cryptocurrencies have been able to bounce back from hardships, which makes them a promising long-term investment. However, safety concerns may dampen investor enthusiasm, so it is unclear whether it will continue to grow. Make sure you're willing to hold on to your investment for the long run if you choose to invest. The price of Solana is expected to increase even further in 2022 due to increased volatility. However, if it manages to overcome its security issues, it could be a strong contender in the crypto market.  

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FEATURE Crypto Weekly

The Chances of Ethereum Reaching $1 Trillion Market Cap This Year

increasing transactions per second. Ethereum's upgrade will also likely make it more deflationary because Ether tokens will now be burned every time a transaction is made. Ethereum could face challenges to reach a $1 trillion market cap despite several catalysts abound. Currently, Bitcoin has a market cap of $967 billion, so either the broader cryptocurrency market will rise, or Ethereum will overtake Bitcoin. It is always hard to predict the overall crypto market. Higher inflation and the Federal Reserve's actions -including tapering its bond purchases and indicating rate hikes next year -have hit the crypto market in the past few months. Considering recent events, I don't think rate hikes will be good for the crypto market.

Ethereum's market capitalization currently stands at $487 billion. Bitcoin is valued at $971 billion. In 2021, the second-largest cryptocurrency had a good year. It has a lot of momentum heading into 2022. Will it continue to hit new highs in 2022? With only a few days left in 2021, the price of Ether, the token that powers the network, has increased by nearly 460%. In addition, Ethereum's Smart Contracts and non-fungible tokens have shown how valuable it is in the real world. At present, Ethereum is valued at $486 billion. Could it reach $1 trillion by 2022? Let's find out. Ethereum, also known as the programmable blockchain, can run smart contracts, which are automatic contracts that execute themselves when certain conditions are met. A non-

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fungible token (NFT) is a digital file, such as art, audio, or video, tokenized and stored on a blockchain, making it secure and providing proof of ownership. Smart contracts facilitate the creation of NFTs, identifying their owners and allowing them to be transferred when they are bought or sold. Ethereum has demonstrated its practicality in many ways, and there are still debates about the future value of NFTs. Ethereum is also in the middle of its Ethereum 2.0 upgrade. After the upgrade is complete, the network will be more secure and efficient by switching from energy-intensive, proof-of-work mining to proof-of-stake mining. As a result, congestion will be eased, and gas fees will be reduced,

There has been much talk about Ethereum's market cap overtaking Bitcoin shortly. However, I'm not sure that will happen in 2022. Ethereum has performed well against Bitcoin when considering that the world's largest cryptocurrency only grew about 73% this year. However, I still see Bitcoin becoming the vehicle for the broader adoption of cryptocurrencies. More banks offer crypto services related to Bitcoin. The market seems to view it as a better hedge against inflation than Ethereum, and El Salvador has adopted Bitcoin as legal tender. Banks are also starting to offer Bitcoincollateralized loans. Tokens remain the main entrants into the ecosystem, although if Bitcoin were to go on any big run, Ethereum would surely follow. I do not think Ethereum will reach $1 trillion next year, but you never know in the crypto world. Considering the macroeconomic conditions, it may be difficult for Ethereum to overtake Bitcoin in one year, but it is not impossible. While I am still bullish on Ethereum and think it will have a good year ahead, reaching $1 trillion in 2022 may prove difficult after such a strong year in 2021. Ethereum will reach the $1 trillion market cap and beyond, I'm sure, in the long run.  

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El Salvador Adopts Bitcoin, Then Buys the Dip

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l Salvador's president, Nayib Bukele, announced in June that Bitcoin would become legal tender, making El Salvador the first country to do so and removing capital gains taxes for Bitcoin holders. Due to the El Salvador news, Bitcoin's price increased by more than 70%, from around $30,000 to almost $50,000 by early September. The legalization of Bitcoin in El Salvador happened in September.

NFT

The up next crypto boys discuss their next big alt coin prediction

Following the law's implementation, Bitcoin's price plummeted - a classic example of "buy the rumor, sell the fact." Earlier this year, the Nasdaq stock exchange-listed the big cryptocurrency exchange Coinbase directly. As Bitcoin prices fell, Bukele tweeted that El Salvador was ready to buy. The Bitcoin policy of El Salvador is drawing support

from a growing number of users on social media platforms, including Twitter and Reddit, Bloomberg reported. Many investors were already betting the news could give the oldest cryptocurrency a price boost. MicroStrategy purchased another 5,050 Bitcoins on Sept. 13 for about $242 million in cash. Nevertheless, Bitcoins fell. During September, BTC dropped from $50,000 to $40,000 and ended on a down note.

Cryptocurrency traders predicted that El Salvador's decision to make BTC legal tender wouldn't be enough to keep the price of BTC at $50,000 based on price action from July to August. The possibility of a credit default by the Chinese property developer Evergrande Group shook speculative assets, including equities and cryptocurrencies. Investors' lower risk appetite also contributed to Bitcoin's decline in September. Due to China's credit concerns, Bitcoin's correlation with stocks increased. Despite this, the nearly 7% BTC drop in September looked less severe than the 50% price crash in April and May. As some traders began anticipating a $100,000 BTC price by year's end, Bitcoin's price had again stabilized at well above 2020 levels..  

Senator Elizabeth Warren Dismisses the Idea that Crypto Can Address Inequality I

n a tweet on Tuesday, Elizabeth Warren discredited the crypto industry's widely held claim that digital assets would promote financial inclusion. She tweeted that the financial system should work for everyone, not just the wealthy. She has been one of the most vocal opponents of digital assets. Senator Warren pointed out that the crypto industry's widely held claim that digital assets will foster financial inclusion is false based on the concentration of wealth among the wealthiest individuals. "We need real solutions to make the financial system work for everyone, not just the rich," the Democratic senator tweeted Tuesday. The National Bureau of Economic Research found that Bitcoin ownership is even more concentrated within the top 1%. Warren,

January 2022 | Volume 08

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who represents Massachusetts, linked to a recent Wall Street Journal story that detailed the study. Among the findings was a confirmation of the senator's claim: that the top 10,000 Bitcoin accounts hold 5 million Bitcoins. These holdings amount to roughly $239 billion at Wednesday's price. The WSJ reported that about 0.01% of Bitcoin holders control 27% of the 19 million Bitcoin in circulation. Warren, one of the most outspoken critics of digital assets, called on Treasury Secretary Janet Yellen to enact stricter regulations for the industry in June. Senator McCain urged regulators to "take hold of the piece within their jurisdiction" in August. The main concern is the potential damage these volatile assets can cause to small investors who

often lose money through pump-anddump schemes. Nevertheless, lawmakers remain unsure about regulating the almost 3 trillion dollar crypto space, despite the industry's rapid growth.  

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18

NEWS

NEWS

Crypto Weekly

Crypto Weekly

The Metaverse: The Next Big Technology Platform Bloomberg recently reported that the metaverse industry had reached $2.2 billion in a few months and is expected to reach $800 billion by 2025. Analysts believe the Metaverse is the next big tech platform to propel the crypto industry to new heights. The Metaverse is an online 3-D virtual environment that combines virtual, augmented, and physical reality into an immersive environment. The emerging world is set to transform virtual social

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"I don't know if Metaverse has legs, but investors believe in it. We are likely to see additional products coming to market that offer unique twists to this long-term theme, given the success of the ETF META." Todd Rosenbluth Director, ETF research at CFRA

experiences, e-commerce, gaming, and NFT trading. Experts say the metaverse universe is well-positioned to evolve and grow due to recent developments. According to Todd Rosenbluth, the director of ETF research at CFRA: "I don't know if Metaverse has legs, but investors believe in it. We are likely to see additional products coming to market that offer unique twists to this

Metaverse ETF from ProShares to track industry heavyweights Meta, Apple, and Nvidia A

ccording to a news article in this issue of Crypto Weekly, ProShares, the investment firm famous for launching the Bitcoin Futures ETF just a few days ago, is moving quickly and now focusing on the fast-evolving Metaverse space. According to a December 28 filing with the SEC, ProShares intends to launch an ETF focused on the Metaverse. The ProShares Metaverse Theme Index ETF will track the Solactive Metaverse Theme Index (SOMETAV) in its first year. In this index, multiple public companies are rated based on their performance in metaverse-related areas. This list includes top-weighted stocks like Apple,

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Meta, and Nvidia. The SOMETAV tracker also tracks companies in the online gaming industry, the creative economy, and companies that manufacture virtual reality devices. In the ETF prospectus from ProShares, the company emphasizes the growing popularity of the Metaverse, an online virtual world that has become a buzzword in recent months.

There is a rush of big companies to join the metaverse bandwagon A number of prominent asset managers have recently invested in the booming metaverse sector, which analysts from Reports and Data estimate could reach

$872 billion by 2028. Recent months have seen some big names join the rapidly growing metaverse trend. As of October, Facebook rebranded to Meta, citing its ambition to create a virtual environment with gaming and NFT trading features. Earlier this month, two Canadian firms launched two ETF products based on the emerging virtual world on the same day. While this is going on, Roundhill Ball Metaverse has seen tremendous success with the launch of its ETF, attracting $916M from investors since June. Proshares looks set to become the latest entity to join the metaverse sector, assuming financial regulators approve the ETF filing.

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long-term theme, given the success of the ETF META." According to a news article in this issue of Crypto Weekly, ProShares, the investment firm famous for launching the Bitcoin Futures ETF just a few days ago, is moving quickly and now focusing on the fast-evolving Metaverse space. According to a December 28 filing with the SEC, ProShares intends to launch an ETF focused on the Metaverse. The ProShares Metaverse Theme Index ETF will track the Solactive Metaverse Theme Index (SOMETAV) in its first year. In this index, multiple public companies are rated based on their performance in metaverse-related areas. This list includes top-weighted stocks like Apple, Meta, and Nvidia. The SOMETAV tracker also tracks companies in the online gaming industry, the creative economy, and companies that manufacture virtual reality devices. In the ETF prospectus from ProShares, the company emphasizes the growing popularity of the Metaverse, an online virtual world that has become a buzzword in recent months.  

Proshares

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January 2022 | Volume 08


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NEWS Crypto Weekly

'Location is everything,' says real estate tycoon Andrew Kiguel of Metaverse Group

M

etaverse Group is a virtual land developer owned by Tokens. com. The Metaverse Group, part of tokens.com, bought virtual land last month for a then-record $2.43 million. Token.com's CEO Andrew Kiguel said he wants to develop the virtual area into a destination for luxury brands. As companies ramp up product ads and events in the growing metaverse ecosystem, investment in virtual land is expected to pay off big, says the head of Tokens.com. USA Today reported Wednesday that Andrew Kiguel, CEO of crypto-asset investment firm Tokens.com, estimated the value of his metaverse portfolio to be ten times greater than his original purchase price. The newspaper quoted him saying that land in the center of a virtual downtown is crucial. "The more visitors who come, the more valuable the land, and the more a retailer and

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advertisers will be willing to spend to reach those people." Last week, Tokens.com completed a second investment in Metaverse Group, giving it a 67% stake in the company. In October, the company purchased a 50% stake in Metaverse Group for $1.7 million. The deal comes after Metaverse Group purchased parcels in the Decentraland metaverse platform for $2.43 million last month. The virtual plot of land holds excellent promise for Kiguel. He told USA Today, "I think we'll see a quick appreciation and monetization of renting that land and space very soon," adding that the plan is to turn the virtual area into a destination for luxury brands. Kiguel points out that luxury fashion houses such as Gucci and Louis Vuitton already occupy space in the metaverse through NFTs. In November, Metaverse Group

"I think we'll see a quick appreciation and monetization of renting that land and space very soon," Andrew Kiguel CEO of crypto-asset investment firm Tokens.com

CEO Lorne Sugarman told Insider that Decentraland's Fashion District property purchase provided an early foothold in upscale commercial development in the metaverse. "We think this Fashion District purchase is similar to buying on Fifth Avenue in the 1800s ... or the creation of Rodeo Drive," he said, referring to the highend shopping areas in Manhattan and Beverly Hills..  

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FEATURE

FEATURE

Crypto Weekly

Crypto Weekly

Tesla CEO Elon Musk Claims He Didn't Create Bitcoin

The Coming Transformation of Ethereum H

ere are some of the key things to expect with Ethereum's transition to proof-of-stake in 2022. Market participants and outsiders may not see the merger as glamorous at first. Despite this, the underlying improvements and the blockchain's foundation will allow Ethereum to onboard millions of users without compromising decentralization.

sits at 118 million ETH and is slightly inflationary after adding EIP 1559.

Ethereum's network no longer needs miners since proof-of-stake replaces them with validators, saving energy. Proof-of-work in Ethereum requires miners to compete for hash power by consuming electricity. By using randomness to assign block production, proof-of-stake uses significantly less energy. The Ethereum Foundation predicts that the network will use at least 99.95% less energy after the merger.

Although it is impossible to predict, transaction fees may initially increase or remain the same following the merger. Once Ethereum sheds the narrative that it consumes more energy than a moderately sized country, new users and entities may come on board to use its technology and increase the current demand for block space. Impending upgrades (such as sharding, rollups, and call data improvements) to the network will increase scalability without sacrificing decentralization.

In a research report, Ethereum simulated EIP 1559 and the impact of proof-ofstake on Ether's circulating supply. The combination of transaction fee burn, lower rewards, and Ether locked for validating will result in the circulating supply equilibrium between 27.3 and 49.5 million ETH. The current supply

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T

his year, Musk has been especially active in the Bitcoin (BTC) and Dogecoin (DOGE) ecosystems in the crypto world. Lex Fridman interviewed him yesterday on his podcast. They discussed SpaceX, Mars, Tesla autopilot, cryptocurrency, and more. During the crypto portion of the interview, they discussed Bitcoin, Dogecoin, and Satoshi Nakamoto. However, he speculated about who might be Satoshi Nakamoto.

Eth1 clients will continue to use Ethereum's current execution layer when it is ported over to the incoming proof-of-stake consensus layer. As a result, the interaction with Ethereum will remain incredibly similar for existing users and application developers.

The cost of running a validator on the Beacon Chain is 32 ETH, or more than $120,000 at current prices. While this is not a low barrier to entry, it still removes the economy of scale that exists in mining proof-of-work chains. By replacing

hash power with randomness/statistics and keeping block size low, Ethereum enables any user with average hardware to profitably run an Ethereum validator. Additionally, under proof-of-stake, the Ethereum network will implement sharding and other scalability-focused upgrades to lower transaction costs down the road.  

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Elon Musk has announced that he's not Satoshi Nakamoto before. Sahil Gupta, an intern at SpaceX, wrote on Medium in November 2017 that Elon Musk was Satoshi Nakamoto, but Musk denied it and said he received some Bitcoin a few years back but lost it.

Elon Musk offers possible details on Satoshi Nakamoto's identity Due to Nick Szabo's progression of the ideas behind Bitcoin, Satoshi Nakamoto might be Nick Szabo at this point in the podcast. Elon Musk said that Nick Szabo seemed to have been responsible

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Bitcoin as a store of value rather than a currency. When a currency is too deflationary and expected to grow over time, people hoard it rather than spend it for the evolution of Bitcoin ideas more than anyone else. It's possible that he is not Nakamoto, but I'm not sure. But he seemed to have been responsible for the ideas behind Bitcoin more than anyone else. Researchers in 2014 studied the Bitcoin Whitepaper, along with those of Nick Szabo and ten other possible creators, and the findings were unquestionable. Researchers said that "the similarity between Szabo's writing and the Bitcoin whitepaper is uncanny," adding

that "no other possible authors are even close."

Musk's perspective on Bitcoin and Dogecoin In the interview, Musk said that he sees Bitcoin as a store of value rather than a currency. When a currency is too deflationary and expected to grow over time, people hoard it rather than spend it. Musk also said Dogecoin has much higher transaction volumes than Bitcoin and lower transaction fees, calling

Bitcoin's speed "comically slow." Even though Nick Szabo has denied that he is Satoshi Nakamoto, some facts continue to point towards him as the creator of Bitcoin. There have been 13 years since Bitcoin was created, and its creator is still unknown, and it remains anonymous. Currently, the cost of doing a Bitcoin transaction is very high, so you can't use it effectively for most things, and it doesn't even scale to the high volume of transactions," Elon said to Fridman. 

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FEATURE

FEATURE

Crypto Weekly

Crypto Weekly

The Facebook Metaverse:

Platforms Inc., an Asimovian-sounding "metaverse company."

A Public Relations Campaign of Historic Proportion F

or Frances Haugen, public relations played an important role. The Wall Street Journal and a consortium of media outlets obtained internal Facebook documents following a whistleblower. As a result of leaking anonymously, Haugen was portrayed as a selfless corporate dissident on 60 Minutes in October. To maximize the impact of the rollout, it was carefully timed and implemented gradually. The Facebook leaks dominated the news in September and November, which is a testament to Haugen's campaign: they largely confirmed pre-existing suspicions and scandals about the social network. Haigen was able to show that Facebook gives priority treatment to high-profile accounts that break its rules, that Instagram is harmful to girls, that the company's products make people angry, and that the company

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has done little to stop violent content outside the U.S. In response, numerous former employees criticized Facebook publicly. When Facebook stopped talking about Haugen, it started talking about the Metaverse. Facebook's ordeal was called the "most devastating P.R. catastrophe yet" by media scholar Siva Vaidhyanathan.

It's the real world in Meta's Metaverse Everybody seems to agree that the Metaverse is either overhyped fiction or the next iteration of the Internet, which you can kind of experience through a V.R. headset. After failing to change the subject, Facebook changed itself. Mark Zuckerberg envisioned the Metaverse as something out of a science fiction novel. He essentially transformed Facebook into Meta

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I am sure Zuckerberg's Metaverse will be a severe undertaking. Meta will no longer expand through acquisitions, and a financial runway will be needed to build up Oculus, the virtual reality company that Facebook acquired for $2.3 billion in 2014. Investors will take note of this change. The Metaverse Zuckerberg imagines isn't the same as he currently has. Meta mainly presented vaporware: never-before-seen software and experiences in a presentation to more than 3 billion users last October. The Metaverse is a fascinating technology. Video conferencing, training simulations, and technical assistance could be conducted using this technology. Gaming and pornography could also be revolutionized. Are people going to spend their entire lives in the Metaverse? Would virtual reality be an excellent complement to reality? This remains a philosophical and technological question. Creating a shared persistent virtual world will require infinitely more computing

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power, infinitely better cloud capabilities, and infinitely better broadband access. A thin layer of the glass must conceal virtual reality and augmented-reality hardware. We will also need private companies to commit to unprecedented levels of cooperation (the Oculus Quest 2 sells for $299). Metaverse will be built by Meta, NVIDIA, Intel, and whatever else comes up. The U.S. government and government-funded research constructed the Internet and web.

The distraction of the century It does not appear to harm the company from its current state and anticipated future. Oculus was the most downloaded app among Apple and Google's app stores, suggesting the headset was a popular gift, especially since other gaming consoles were in short supply. Meta pivot was a considerable success for Zuckerberg despite its technical prematureness. Facebook changed the way it covered the Metaverse in a compelling way for both tech and media. A Metaverse will be built, and Meta wants it created in its image, according to its tastes, and to benefit it financially. The story is too big to ignore.

The Metaverse Zuckerberg imagines isn't the same as he currently has. Meta mainly presented vaporware: neverbefore-seen software and experiences in a presentation to more than 3 billion users last October. Frances Haugen's leaks captivated the tech press for months, and their questions challenged contemporary debate: How can we keep people safe when using Facebook apps? What can be done to control Facebook's disproportionate role in society? Ironically, the consequences of abuse, mismanagement, perversion and sheer corporate dominance could be much worse if Facebook created the Metaverse it envisions. The Metaverse could have far more power than Facebook did. The reality checks will begin after the breathless coverage of Meta's metaverse plans ends. It is unlikely that there will be one collective Metaverse, but a drastic expansion of Facebook's size, scope, and power should give everyone pause and may yet change the subject yet again. 

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HIDDEN GEMS

HIDDEN GEMS

Crypto Weekly

Crypto Weekly

PROJECT 1

www.redutoken.com

ReducedLunch (REDU)

ReducedLunch

ReducedLunchBSC

Reduced Lunch is a BEP20 token, hosted on the Binance Smart Chain (BSC). The intention of the smart contract is to allow peer-to-peer exchange of the $REDU token. The charity funding comes from the fees for providing liquidity for the token. Reduced Lunch uses the $REDU token, but is not tied directly to the $REDU token. Reduced Lunch developers will have no control over what happens to the $REDU token, as it will become a community token. Once the ownership of the token has been renounced, $REDU will continue to exist with locked liquidity. The developers of Reduced Lunch are dedicated to the project succeeding. In order to fund projects for Reduced Lunch, the $REDU token will provide liquidity. Instead of funds being used directly from token reserves to fund charity, the decision

PROJECT 2

incomeisland

was made to make the charity fund passive. Farming will allow funds to be generated without damaging the token ecosystem. One of the charitable goals for Reduced Lunch is to be able to sponsor individuals, traveling across the globe, on mission trips and research endeavors. With access to these resources, communities will be able to combat food insecurity, build new schools, and have access to clean water. World issues abound and the suffering of the people seem to be neverending and the team knows there is a lot of work to be done with a token that is a designed ecosystem the capability to be paired with BUSD or BNB tokens to be and that will support long term benefits for all involved.

Income Island

incomeisland

Income Island Token is a one-of-a-kind concept, developed to make anyone generous stable profits on a daily basis. The integrated gaming system uses blockchain technology which will allow anyone to earn a passive income whilst having fun at the same time. In addition, you may buy and own a personal mining plot and even more than one to generate an income. You may rent out your plots to other players and earn NFT’s offering extra Island tokens every time someone sells, meaning you earn an income while you sleep. As Warren Buffet famously said “If you don’t find a way to earn money while you sleep, you will work until you die!"

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PROJECT 3

protoverse

Through the ongoing development, Income Island will strive to make sure that the ecosystem is a safe and friendly environment to earn a passive income for the long term. Income Token is not just all about the great rewards, it also has a great, doxxed, and highly dedicated team that is supported by a steadfast and strong community. The fundamentals for the ecosystem were created through Income Island`s global team and consists of both volunteers and working professionals from all over the world with skillsets ranging from web development, marketing, Dapp creation, and many other entrepreneurs willing to deliver a stellar financial product to the Income Island community. The Income Island Token is a revolutionary coin, created to be a safe investment addition to your portfolio.

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Protoverse DAO (PROTO)

Protoverse_ai

Real utility use cases are the lifeblood of a token's sustainable value, and Protoverse has many even from day one. Investors entering the Protoverse will have many opportunities to choose from, including launches of audited rug-free NFT projects, DeFi projects, GameFi Play-To-Earn (P2E) projects, their own NFT games, staking options, and even NFT breeding for GameFi projects – you name it – Protoverse has it! Protoverse’s dApps are custom-built by their full-time development teams with industrial-strength security as a central and ongoing focus. They are teaming up with Certik, who will be performing all external audits and code reviews to ensure world-class safety throughout the Protoverse ecosystem. Certik is the sole auditor for Binance, and Protoverse’s decision regarding Certik highlights they work with the best of the best. The Protoverse ecosystem is built around PROTO, their native token. They will be hosting a decentralized contribution event in early January, granting exclusive rewards to all early bird participants. PROTO will launch on the mainnet very shortly after that,

PROJECT 2

incomeisland

27

CrowFi.app

so don’t wait to join their community and begin the process of setting up your personal referral link for even more bonus opportunities. You can join their bonus program HERE Protoverse uses the Polygon network, and with an easy-to-use bridge directly built-in their streamlined user interface, they provide easy access and very low transaction fees. Uniswap has recently announced support for Polygon. PROTO will be among the first to enjoy the unmatched volume and exposure from trading on the world’s largest decentralized exchange. Potoverse’s dApps are particularly well suited for cross-project collaborations, and they are actively seeking and developing relationships focused on improving integrity and security throughout the crypto sphere.Keep an eye on this hidden gem as they launch a diverse, collaborative and secure ecosystem. This is a project where you don't need to speculate if they can bring value or have any utility as they are rolling out one custom-made dApp after the other in the following weeks and months.

Crow Finance (CROW)

CrowFi

CrowFi, also known as Crow Finance, provides a secure platform for reclaiming control of your finances. As a result, you will be able to manage and earn on your assets without the need for banks and other middlemen. Investors get a piece of the action, enabling a genuine community-owned financial system—profit year after year by lending your money and earning profits. A decentralized currency that is not discriminatory can benefit any individual or business. Crow Finance is your One-Stop-Defi-Shop, providing the tools necessary to make informed investment decisions and long-term trades. Our goal is to provide a seamless investing experience by leveraging the power of decentralized finance. Staking, investing, saving, or trading; CrowFi's application makes adoption easy! With the integration of our hardware

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Protoverse_ai

CrowFi_ partner, accessing decentralized applications will be a breeze on any device, further assisting the mass adoption of cryptocurrency. There is power in numbers! Our network of service providers gives CrowFi a unique advantage in the space. It allows users to purchase and invest cryptocurrency and spend it in real life. Opening the possibilities of bill, loan, utility, and shopping payments directly from your defi wallet.. CrowFi promotes ownership empowering users to gain financial freedom with the confidence that their money is actually theirs! Our platform runs on web3 technology, securing their funds behind a set of encrypted keys that only they have access to.

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BEGINNERS GUIDE

BEGINNERS GUIDE

Crypto Weekly

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Crypto Weekly

using something called Natural Language Processing or NLP. Yes, there are a lot of technical terms throughout Web 3.0 that might not click with you right now but stay tuned. We are sure it will be as common as selfies and instant messages very soon!

BACK TO THE FUTURE

thrive today. A major outgrowth of these organizations evolving was the creation of the gig economy - allowing anyone with an internet connection to earn a living, whether it be full-time or parttime. While most of these developments were seen as positive, the explosion of content creation and access has led to a growing concern over security (both personal and financial) and privacy.

Web 3.0: What Is It and Why Should I Care? If you've ever been on Crypto Twitter or Crypto Telegram, you've probably heard the term Web 3.0 thrown around. But what exactly is Web 3.0, and why should you care? The concept is considered the great internet revolution, but before we get there, let us explain how we got here.

HISTORY OF THE WEB Web 1.0 Web 1.0, as Tim Berners-Lee called it in 1989, refers to the very early days of the World Wide Web (WWW). BernersLee developed the underlying structure of the modern internet as a computer scientist in 1990, where he developed the world-first web browser and editor (WorldWideWeb.app). Compared to web 1.0, which consisted mostly of static pages pulled from a server, the content

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we consume today is light years away from what was accessible online back then. Many at the time had their minds blown when they were able to type a letter on a computer and send it to a friend or a loved one - or, as we know it, a simple email. The main form of content during this time was plain jane static pages viewed through browsers like Netscape Navigator retrieved from servers. Through the late 1990s, the internet developed as a platform for running networked applications, which are usually referred to as "apps." This was the golden age for early online businesses, and competition soon became fierce.

Web 2.0 Web 2.0 refers to the second generation of the World Wide Web between 2000

and the mid-2010s when the platforms that we have all come to know and love (or hate) were created and spread like wildfire. Facebook, Twitter, YouTube, and simple blogs soon appeared on everyone's home computer and eventually smartphone. These websites eventually took on a new form as applications or apps. This was the dawn of user-generated content where anyone could easily join the online conversation, and internet barriers were torn down. Web 2.0 applications thrived on human interaction and input. Not only were users contributing content, but they also became the product. This gave rise to digital marketing and data collection. Web 2.0 saw the birth of many of the largest corporations that exist today. Apple, Google, and Amazon were all born during this era and continue to

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Web 3.0 The next step in the evolution of the internet is known as Web 3.0, which is thought to rely heavily on the semantic web. As a means to bring machinereadability to the web, Berners-Lee proposed the idea of a semantic web; this makes the contents of the web

more accessible to machines and creates a unified information network. A major component to making it all work together is the integration of Artificial Intelligence (AI). Some other Web 3.0 terms you might be more familiar with that have been popping up in recent years include the deep web, the internet of things (IoT), and augmented reality (AR) - have your VR headset handy? With sensors and cameras seemingly covering every square inch of this planet now, huge amounts of data can be collected and analyzed in real-time using artificial intelligence to make sense of it all - and possibly make our lives easier. This vast amount of information can be quickly interpreted and dissected by computers

The bond between the nascent Web 3.0 and crypto blockchain technologies is growing stronger by the day. Could that power be harnassed to provide unchained peer-to-peer interconnectivity - cutting out the middle man that many have grown to loath? Will this be the end of major social media platforms and internet providers who have increasingly exerted more control over one's personal info and online speech? Only time will tell. As we look to the future, there is hope that Web 3.0 will enable us to take back some control over our own data and online visibility. While Web 1.0 was great for building companies and Web 2.0 was great for building communities, a strong aspiration of Web 3.0 is to give the power back to the people. Many hope to see parallels between crypto and Web 3.0 come to fruition. Decentralization, data control, and anonymity, for starters, are at the forefront of this next internet revolution. 

With sensors and cameras seemingly covering every square inch of this planet now, huge amounts of data can be collected and analyzed in realtime using artificial intelligence to make sense of it all - and possibly make our lives easier

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FEATURE Crypto Weekly

Manifest Performance indicators, balance sheets and regulator guidelines are not the most appealing things to hear about in crypto, but it's necessary for us to operate correctly. Bouncing off of that, there is a certain appeal to a crypto that has its ducks in a row. Countless projects are removing general quality and value from their project and replacing it with marketing and high spirits. We are happy to get people pumped up about crypto, but it has to be done the correct way. For example, you want to tell people key things of what to look for when considering their vote of confidence in that particular crypto. Who is the team? Previous quality projects completed? Are they purely marketing? Is the use case frantically thought of or flimsy? Does the team have a vision of expansion in the future? Does the project rely on people's addiction?

Of course, this isn’t financial advice, but we feel you should have a checklist that you are checking off when you inspect a project. This can be as vast as you want it to be and ultimately can be tuned to your liking. This can be personal auditing procedures or standardized trading strategies. These steps take time to curate correctly and can benefit the user greatly. A simple checklist. Of course you can bend your own rules, but these rules protect you from overvalued and hollow projects. The goal of most of the projects we currently see is short term, under established and widely false. Crypto is fast, this doesn't mean you can forget the key factors of a trade and fundamentals of crypto. Never mistake a tax on a taxation token as a use case or utility.

All that brewing has ultimately led to the market's sour taste and low level mentality. The key to leveling the playing field is a short and sweet one, actually educating people on crypto. A lot of projects will detest what we have to say about them in a formal audit. We have decided to audit any project or firm that audits us, to help people better understand the process. As we pay for more intense auditing services, we can perform even deeper audits of these projects. Meaning, we will bring you the truth. This is going to make us naturally unpopular, we are crypto veterans, we will be alright. We buy the dip!

In summary, don't trust us, or anyone else until you know their tokenomics and team. This is the most basic level of understanding the project. Please make efforts to learn more about the cryptocurrency space overall. We will be in the telegram often to answer people's questions. We don't allow posting of other projects in the group, but if you bring your checklist to us, we can help refine that with you.

Redutoken.com Redutoken.com January 2022 | Volume 08

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NEWS

NEWS

Crypto Weekly

Crypto Weekly

Vitalik Buterin Created a 'fellowship of the ring' to Build Ethereum

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each other, and they still occasionally dig at each other's methods. Hoskinson left Ethereum in 2021 and founded the Cardano blockchain platform, which saw its ADA token soar. In addition to letting users build their own projects, Cardano is also competing with Ethereum. After joining Polkadot.parity in 2014, English computer scientist Gavin Wood became a key Ethereum coder. Several key programming contributions were made by him, including creating the first Ethereum test network. A year later, Wood founded Polkadot, another ETH killer network aimed at tying together different blockchains. As well as rising sharply in 2021, Polkadot's cryptocurrency rose sharply. Polkadot's founder has been known to criticize Ethereum. Polkadot's faster transaction speeds, he noted, are in contrast to 2020's "slow" transaction times. During the 2008 financial crisis, the Princeton-educated computer scientist became disillusioned with traditional finance. Even though many Ethereum cofounders were in their 20s, Lubin was older and more experienced when he joined the company in 2013. Lubin's company ConsenSys, a for-profit Ethereum developer, has launched several Ethereum-based projects. ConsenSys has received funding from JPMorgan Chase, UBS, and others this year. A widely used "wallet" is MetaMask.

V

italik Buterin gathered seven other people to help him build Ethereum, and the eight Ethereum cofounders have a history of feuds and are, in some cases, competing against each other. The group's story is one of feuds and rivalry, with two members splitting off to form Ethereum rivals Cardano and Polkadot. Buterin recently said his biggest regret was choosing seven other founders "indiscriminately" to build the

January 2022 | Volume 08

network. He came up with the idea for Ethereum - a cryptocurrency network on which decentralized applications can be built - in 2013 and is one of the most famous figures in crypto. ETH was launched in 2015 when he was just 21 years old. Before that, Buterin was introduced to bitcoin and crypto technology by his dad and co-founded Bitcoin Magazine. He continues to work on the network, providing new ideas and research.

Charles Hoskinson quickly became one of the most influential members of the 2013 Ethereum startup. Despite indiscriminatelyionship with the other founders, he was cut short from the project within months. However, Buterin wanted Ethereum to be a nonprofit platform, while Hopkinson wanted it to be a for-profit company. The accounts differ regarding what happened: Hoskinson says he left, Buterin says he was fired. Both aren't particularly like

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Buterin asked Anthony Di Iorio to launch Ethereum before becoming a bitcoin enthusiast and entrepreneur. He founded Jaxx after launching Decentral. Though he had a hand in Ethereum's nonprofit direction, he was a distant second. Di Iorio made headlines earlier this year when he announced he was quitting crypto and selling his company, partly because of personal safety concerns. He also explained that philanthropy is another critical reason. Mihai Alisie is now working on a crypto project called Akasha.@MihaiAlisie/ Twitter Mihai Alisie had known Buterin since 2011 when they founded Bitcoin Magazine, one of the first publications solely dedicated to crypto. Alisie was crucial in setting up the Swiss company

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that gave Ethereum a legal and financial base in its early days. He was vice president of the Ethereum Foundation – the nonprofit organization which supports the network – until 2015. He stepped back to found Akasha, a crypto project looking to harness the technology for social purposes. Jeffrey Wilcke Jeffrey Wilcke is now a video-game designer.@etehreum/Twitter Computer programmer Jeffrey Wilcke was a crucial player in the early days of Ethereum, writing a version of the platform in the Google Go language.

That turned into Go Ethereum or Geth. He has since left to form a Grid Games game company with his brother. Wilcke has said he felt his energy was better spent elsewhere, "away from the drama" of Ethereum. Amir Chetrit is the most mysterious and publicity-shy of the group but was working on a crypto startup called Colored Coins – which Buterin also worked on – when he joined Ethereum. Yet, according to journalist Matthew Leising, who wrote a book about Ethereum called "Out of the Ether," other members thought Chetrit wasn't pulling his weight. Leising wrote that this led to Buterin kicking him out of the project with Hoskinson. 

January 2022 | Volume 08


34

FEATURE

FEATURE

Crypto Weekly

Crypto Weekly

Valor Foundation Inc announces the release of Valor

W

e all have a purpose. Some of us go through life searching for purpose, never to find it. Some of us know what we're destined to do at an early age. And, the most dedicated, and selfless of us, create our purpose. Often times without a thank you or a hand to pull us up when we're down. Valor isn't just a word, it's a way of life. It's the strength of mind and spirit that enables a person to encounter danger with firmness, a personal bravery, that some of us haven't experienced. Valor also represents the desire to give back to those people deserving the most. A chance to say thank you and make a positive impact in, not only a Veterans life, but their families as well. Enter Valor Foundation. The 1st 501-(c)3 incorporated charity token supporting military men and women of service, as well as 1st responders, and the families of those selfless individuals. Valor was born out of the belief that we all owe a debt, a gratitude, to the front-line defenders of our freedoms, and our safety. Valor aims to use the crypto space to set the standard for what a charity token is and what it can accomplish. Whether it be an arsenal of upgraded thermal cameras and equipment to local firefighters, new Kevlar vests to a police department, or even building a wheelchair ramp for a veteran to get into his/her home. The project is 100% community driven with locked LP and no team tokens.

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The worldwide cause is aimed at attracting investors who believe in Valors' mission, and will stand behind it long term. Valor will launch on Binance Smart Chain on January 7th, 2022 at 3 pm EST, with 120 million total supply, with 40 million burned at launch. Presale allocations capped at 2000 BNB, which was hit in less than 48 hours! The features of the Valor Foundation include a fully doxxed development team, (which you can view all team members on their website https:// valorfoundation.world), liquidity locked, Certik audit, 100% cause-based utility, backed by Rugseekers (which were featured in Bloomberg), and huge marketing campaigns. The tokenomics are set with a 10% buy and sell fee, of which 5% goes back to holders as self reflections. The other 5% goes to liquidity. Another great feature of the Valor contract allocates 5% to the charity wallet, 3% to marketing and development, and 3% to project operations every time the swap liquify function tranfers funds.

(Telegram @Aquaman) shook my soul. "Being former military, I have seen multiple friends suffer with PTSD issues and after effects of living with catastrophic injuries. I also just had to clean up my friends' house this week who was killed by his son, that had just gotten out of the Marines. The son killed his father, then himself. This was totally avoidable if the son had access to decent help." This is one of the many, heartfelt reasons, Valor will be one of the most important projects launched in 2022. If we could all show a little gratitude, appreciation, and an even an ounce of the same selfless nature that the people that protect our freedoms and ensure our safety strive to uphold, day in, day out, our world will have a much brighter future. #RepayTheDebt 

I asked a few of the team members what Valor means to them? The reply I got from the PR executive, Darren

valorfoundation.world

Valor_World

Impacting the Veteran, Law Enforcement and First Responder communities in an unprecedented crypto outreach and charity program.

January 2022 | Volume 08

www.cryptoweeklymag.com

Valor_World

www.cryptoweeklymag.com

January 2022 | Volume 08


36

FEATURE Crypto Weekly

2022 May See Bitcoin's Computational Power Double, Increasing the Market's Security W

ith Bitcoin's hash rate recovering after the China ban, the network is now more secure. In an interview a few days ago, Marathon Digital Holdings' director of corporate communications, Charlie Schumacher, stated that cryptocurrency mining has evolved from a hobby to something that will be more professionalized and institutionalized by 2021. A year ago, only a few publicly traded companies engaged in Bitcoin mining. Marathon Digital's market capitalization grew from around $856 million at the start of the year to more than $3.5 billion at the end of the year. Despite this, some miners have also experienced great challenges in the past year. As a result of global supply chain disruptions during the pandemic, Blockware Mining, based in Chicago, has seen some equipment delayed in delivery. In an interview, Michael Stelzner, CEO of Blockware Mining, explains that shipping issues out of Malaysia and other places in the Far

East have been extremely problematic. "As we built out the mining facility, we've also had to deal with supply chain issues, from switchgear to transformers and other things," Stelzner said.

miners went offline in May and June, "the mining difficulty drastically dropped, which multiplied the rewards of being an online miner," according to Blockware's Stelzner.

The China ban also plagued the industry. Data from Blockchain.com shows that after China cracked down on crypto mining in May, Bitcoin's hash rate, a measure of the total computational power contributed to the blockchain network, dropped more than 50% to about 85 EH/s on a seven-day average basis in July. Bitcoin's network is less secure and more vulnerable to attacks with a lower hash rate. Since then, Bitcoin's hash rate has recovered, reaching a record high of 182 EH/s in early December as some miners migrated to countries such as the United States, Canada, and Kazakhstan, while others expanded their capacity.

Whit Gibbs, CEO of Compass Mining, a crypto-mining marketplace, said after the China ban, the company had seen "a tremendous spike" in interest for people who wanted it to mine Bitcoin at US data centers. "It was about 300% month-over-month growth for Compass between June and July. So pretty significant," Gibbs said.

Several industry participants said China's crackdown benefitted some North American miners. As Chinese

Marathon Digital's Schumacher anticipates that Bitcoin's hashrate will double by the end of 2022 due to increased institutional participation. "It means the Bitcoin network is more secure, but it also means it is a more competitive environment for us," Schumacher said. Gibbs predicts bitcoin mining, which has long been criticized for its high energy costs, will become more environmentally friendly by 2022. 

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