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Crypto VC becomes so chaotic

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Nothing is as it seems on the surface in recent market. For example, three Arrows Captial (3AC) worth $2.8B was liquidated, and co-founders ran away while filing a lawsuit to against their own company. But this will only be the tip of the iceberg for the crypto industry at large. On one side are those who see opportunity in cryptocurrency; on the other are those intent on destroying it. I will share some changes that will affect the blockchain and cryptocurrency in general as a result of December’s massive purchase in virtual assets by a third-party organization known as “Crypto VC”. 

December’s massive purchase in virtual assets by a third party organization known as “Crypto VC”

Crypto VC isn’t a new concept. Back in December 2017, there were VCs were blow up ever since.

For the first time in history, a public person has bought and sold virtual assets in person. This is amounting to the largest private sale of virtual assets to date. This transaction, which took place in New York City on December 3rd, marks a new milestone in the history of digital assets. The total investment amount involved in this deal is believed to be in the range of $200 million – $300 million. The motivation for this investment can be found in the style of the investments made: most notably, efforts by the investors to clean up their act.

Davan Megawal and the crypto VC scam

Back in May, One97 Capital – the investment vehicle of digital assets manager and investor Davan Megawal – bought complete control of IcoAward, a cryptocurrency fund focused on issuing digital currency. But this is just one incident in a long list of misdirection, misdirection, and misdirection by the fund management. While the bought-and-then-sold-on activities of Megawal and the fund managers are not covered in the facts about the purchase of IcoAward, the activities of the distributed ledger technology (DLT) startup Alexa, which was the core of the deal, are.

The Blockchain and Cryptocurrency Scams of 2017

Blockchain and cryptocurrency are inextricably linked. The first is a technology behind a wide range of industries – financial services, media, tech, insurance, etc. The second is a new and emerging branch of information technology that can support these technologies. The blockchain is a decentralized, distributed, and public digital ledger that can record transactions efficiently and securely. The distributed ledger technologies – MLS, PPC, and SPV – are the latest in a long line of techniques that have been developed to support this new technology.

How to Protect Yourself From VC Investments

There are a few things that you can do to protect yourself from potential conflicts of interest in investments. Some people are going to benefit from investing in companies that have ties to certain developers and investors in the blockchain and cryptocurrency fields. A good example is Facebook’s relationship with Vitalik Buterin, the co-founder of the Bitcoin Foundation, which has been a prominent voice in calling for an end to the digital gold standard. But when Andreea Barys, a former employee at Facebook, became involved in the development of the DAO, a project that was closely associated with Buterin and other prominent blockchain and cryptocurrency developers, she became a prime example of potential conflict of interest.

What is a Crypto VC Investment?

A third party makes a crypto VC investment in exchange for funding the development of a new technology. There are several types of investments that can be made with cryptocurrencies – some are made as a investment and some are made as a reward for investing. What makes a crypto-VC investment different from other forms of funding is that it’s made by a third party. This is also the reason that you should carefully evaluate every investment opportunity with a view to eliminating any potential conflicts of interest.

Can’t beat luck in investing? Here’s how

A few things can prevent you from being a victim of the largest crypto-VC investment scam on record. Read on to learn about some of the most significant changes that will affect the blockchain and cryptocurrency industry in general as a result of the massive investment in virtual assets by a third party organization known as “Crypto VC”. Be sure to keep these major issues in mind when evaluating investments: 

– Is this investment for the right person? 

– Is this investment worthwhile for the right reasons? 

– Is the investment appropriate for my personal finances?

Summary

A variety of changes will affect the blockchain and cryptocurrency industries in general due to the purchase of cryptocurrency by a third party. The most significant change will be the creation of a dedicated regulatory authority – known as a “Decentralized Autonomous Organization” (DAO”) – to manage and regulate the new industry. Additionally, the introduction of a new “blockchain-based” technology called the “Decentralized Autonomous Organization” (Dao) will allow the industry to shift away from a centralized system and into a newer and more agile model. To make sure that you’re on the right track with your investment decision, stay current by following these steps: -evaluate the pros and cons of every investment opportunity with a view to eliminating any potential conflicts of interest. 

Keep in mind that each investment opportunity is different and that this is only the tip of the iceberg. You can protect yourself from potential conflicts of interest by following these steps: 

– Establish clear and consistent investment goals. 

– Only invest in companies that have a clear investment objective. 

– Don’t invest in companies that have any connection to illegal or unethical activities. 

– Don’t invest with funds that you’re not completely sure about.

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Crypto Research

Crypto is a good investment or not

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Many people buy crypto to believe it is a great investment. However, it may not be the case.

I asked ChatGPT about the crypto investment and here it is:

Investing in cryptocurrency can be a good opportunity, but it also comes with high risk and volatility. It is important to thoroughly research and understand the cryptocurrency market before investing. Additionally, it is recommended to diversify your investment portfolio and not to invest more than you can afford to lose.

Here are some misconceptions:

First, crypto is not a traditional investment that requires a conventional way to invest. Instead, it is a catch-or-miss investment that you really need to time the market to make profits.

Second, you do not need to hold for too long if you need money quickly. Crypto tends to perform badly long term than average assets did.

Third, high risk only sometimes has high rewards. Many crypto with high risks may not ever provide high returns eventually and many go to zero instead.

Last, do not go FOMO because you are likely to become a bagholder.

There is not missing out and it is too late in the crypto. Rather, you should always keep an eye on the market.

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Crypto Research

Mother of all bubble

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We are heading into a bubble economy and there is one that is about to pop.

ChatGPT suggests that a financial bubble is:

A financial bubble is a situation in which the price of an asset, such as a stock or a commodity, becomes artificially inflated due to excessive speculation and investment. This can lead to a situation where the market becomes overvalued and eventually collapses, resulting in significant losses for investors. Bubbles can occur in a variety of different markets and can be caused by a number of factors, including low interest rates, economic growth, and investor sentiment.

Let’s take Tesla as an example.

Tesla CEO is Elon Musk, who purchased Twitter last year and believed the company can help Tesla to make more profits.

Does it? Or he tried to inflate Tesla instead?

If you go to Twitter, there is less opposition than a supporting voice.

Elon Musk sells Tesla cars and Tesla stocks.

People purchase cars to help pump the stock price and when stock price goes up, people want a new Tesla.

Despite all the bad reviews about the car and its questionable autopilot feature, Tesla cars sold quickly and stock goes up no question.

Is this a Ponzi scheme?

Similarly, cryptocurrency is also highly speculative.

It goes up a time to time, but people buy the narrative without further investigating how useful the crypto really is.

What if people stop buying the crypto, will that still go up?

What if the economy is so bad and the interest rate is high that people have less money to buy more crypto?

We will see how it goes.

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Crypto Research

One more thing NFT can do

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California will have a pilot program to use NFT to record car titles as an innovation of record management. 

ChatGPT stated NFT is:

NFT stands for “non-fungible token.” It is a digital asset that represents ownership of a unique item or piece of content, such as a digital art piece or collectible. NFTs are created and stored on a blockchain, which is a decentralized digital ledger. This allows for the creation and transfer of ownership of digital assets in a secure and verifiable way.

Finally, the government has realized the use of the blockchain, and it will reduce government spending while providing more accurate information to citizens.

I think blockchain has more utilities other than money. Digital money is the first step in testing society’s compatibility, but the blockchain should focus more on providing services rather than investing to people.

That blockchain service can be essential for society later rather than simply going to moon-style investments to create unsustainable pump and dump.

Such government collaboration is the first step to making blockchain a social system.

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