REDUCE RISK WHEN INVESTING & TRADING CRYPTO! MARKETMOVE: AMAZING DeFi AI Platform for BSC & ETH!
market moves main goal is to lower the entry barrier for both new investors in the crypto space and for already experienced investors and let them invest in a very safe way and allow them to do to do anything with their funds what they want you know and not force them not to hold their funds hostage and basically enable them to trade safely in a decentralized way and really help them understand why they invest in specific tokens and find them new tokens market move is the last d5 platform you will ever need if you're on binance smart chain if you're on ethereum if you're on other layer 1 protocols and you want to reduce your risk in trading and investing market move might be the product for you today we're joined by the ceo and cto to tell us all about market move and to tell us why it could be of value to the cryptocurrency trader mike marios how are you guys doing today thank you very much for the introduction and uh we are doing pretty well let me also introduce myself my name is michael novak i'm the ceo here of market move and we are together with maurice he's our studio so maurice say hello hi everyone my name is marius kirsky i'm the cto of market move nice to meet you nice to meet you guys now did i get that right market move helps traders reduce risk is that correct yeah so basically our goal with the marketing platform you know uh was to let investors uh invest in a safe way in crypto you know because as you all know the crypto market is still not regulated you know uh there are very you know very many risks uh which are especially dangerous for new investors uh so this is our goal uh and as you've mentioned we've started on bsc you know um since this is a very popular blockchain at the moment and also since you know many many scams many bad bad things are going on uh but we will extend to other blockchains uh very soon uh so just to sum it up what is market move what is what are our goals here you know uh is to let people invest safely uh is to let people make more informed decisions and we will jump you know uh into that in more detail in just a moment to explain to you you know what exactly are we doing here and i would love and even before we dive deep into what market move is i would love to just know your guys's backgrounds specifically what companies or tech did you come from and then how you pivoted into crypto sure so maybe before uh i jump in you know with regard to my background my experience i will give the floor to maris because he has in my opinion very impressive experience from different tech companies hey i feel and so on so mary's go ahead all right so so thanks for that so i have started my career at mozilla then i started sigmoido which is an ai consulting firm and during all these years i have been mostly working on products on the in the financial space that help people make decisions in the financial industry and then we have together with mike notice that there is uh there is a niche there to to fulfill so that's that's how we that's how i got into crypto yeah so maybe to add on that to with regard to to our company sigmoido uh we we founded this you know six years ago and uh it was a very successful uh component it still is we managed to work with fortune 500 clients we were covered by financial times by bloomberg uh had a few dedicated interviews you know uh worked with the finance uh industry mostly but also with pharma like with companies like novartis some private equity firms and so on uh and you know uh the thing the thing is uh that we've seen so many advanced tools you know for investments on the stock market you know for investing on you know uh for like let's say wall street sharks and so on and when we got into crypto uh we've realized that you know that the whole space is so early that people don't really have such tools uh so you know for the the first thing and the second thing is uh that you know investing safely in the crypto space especially on this you know these new blockchains uh like you know uh finance marching and so on is is really difficult you know uh so this was this was the the idea and as for my background you know uh privately you know so i worked in a few corporations uh major ones um then you know i've started to uh i started to look you know to um to basically start my own business i met marius you know we started sigmoidos also this aia consulting firm uh and it really you know uh allowed us to you know to to understand that you know you you really can one really can you know make a difference uh in in the finance industry and why not take it to the crypto industry you know which is still so early uh so you know we we've gathered uh really experienced guys currently apart from the two of us we also have uh martin he's our head of ai he was previously a head of ai at capgemini he's uh he was an intel a ambassador so you know just to uh just to gather really experienced guys you know um advisor i we have an advisor who has been working with chain link cardano so we know we started this with let's say a really inexperienced group of people um yeah and and the project you know we will discuss this later on but it's very early uh we launched literally like less than two months ago we already released the the first feature of the platform and so on so this is this is the background but i will you know uh give the floor back to you guys so yeah thank you very much so market move is an ai driven uh platform that obviously like i said reduces risk and you guys just decided to start with finance smart chain and finance smart chain since it's so easy to deploy you know that is ripe with a lot of like pump and dump type things or a bunch of risk what exactly like what are the specific things that market move does to help you reduce that risk iris i guess this is uh right yeah so so maybe to to add a bit more on that so as you as we previously mentioned we have been in the ai space even longer than in the crypto space and you might not know that but all of the pretty much all of the funds all of the big hedge funds trading money on the exchanges trading even even private companies use these tools to reduce the risk every day they use it to do day trading they even use it to do high frequency trading so and then when i saw the crypto it was actually shocked because i you know came from the world where everything is polished everything is mature and there is almost no opportunity for for everybody to to make a difference without like a significant huge amount of money and vc funding because everything is already so so tightly populated and everyone already has these tools but then i also have realized together with mike that the tools that we have been building so long uh have not been yet discovered in the crypto realm and it's almost like you know the the the world like 20 or 15 years ago when the first sas products out there just have been just have been starting to dominate the market and especially especially there is the first feature that we have already released which is a contract audit so as you are aware the way that tokens work on the vsc ethereum and and most blockchains actually is that they have a custom code that is a smart contract that decides pretty much how the funds are distributed what are the economics of of a coin and so on and so forth and we have found that it's very difficult to build a set of rules that can dictate if a contract is safe or not so we decided to use ai train that on actual contract that we have found that we have found safe or not safe and built a tool that people are already using we have like a thousand people every day using our tool completely for free and that allows them to to make sure if the investment is saved just on the base of on the contract audit and this is just the very beginning and the other ai features to make crypto investments safe is for example social media trackers so ai can very very uh precisely identify what is the sentiment towards uh towards a token or a coin whatever and the thing is that if you just look at the chart it's a bit too late because you know if it's already pumping then you're a bit late to the game if there is some uncertainty going on if there is something shady going on with with the team or so then the people may be selling but then already you have you have lost a lot of your investment but thanks to the next features we have in line which is social media tracker using ai we will be able to detect this sentiment before people take pride take action on the price so these are the let's say tools that will make uh make it safer to decide or you know to make decisions but once you have made the decision there is also uh there is also you know if you want to actually make the trade there are there are other obstacles as well so so to so for example in order to uh to trade if you have like a target like a limit or stop loss that you want to that you want to achieve on your investment you currently cannot do this on most of the coins because the pack pick swap only allows you to to do a quick you know swap and that's it and thanks to our platform you will be able to to trade on that to have orders like in any major exchange but without the drawback of actually sending them the funds so the cool thing and another safety rate i think is that we don't hold your funds hostage so you can have like millions of dollars in any you know any portfolio of coins be it stable coins be it uh you know some pump and dumps so-called [ __ ] coins anything you want or like utility coins that you aim to make like a thousand necks one day on you can all hold it in your wallet and you can still have us trade on that but if you decide to withdraw them anytime we have no opportunity to just we have no way to stop you so there are different aspects on how we actually tackle the safety problem wow go on mike please yeah thank you thank you very much mario is very well well said i would like to add you know to the last feature so to the description of the last feature so i guess this will be uh in my opinion a game changer uh we will release it very soon in november so in just a few weeks and uh just as maurice had said so this will allow people to trade you know starting on binance marching but then we will expand this you know with uh basically limit and slow post orders you know trading stop losses and so on but the important thing is that first we won't require any kyc uh because we won't take funds from people we will just be an intermediary you know between uh let's say that madame their meta must call it or let's say they're there you know treasure ledger and so on and smart contracts so uh this way people will be able you know to to trade even bitcoin ethereum pair uh but without the need you know of any kyc and without us taking those funds and i think it's really really important because you know as a trader myself uh you know i use binance you know i use coinbase kraken and so on and you probably know it yourself that sometimes you know uh there you know there is a lot of traffic uh and you see a message guys uh the network has been you know has been frozen you can't withdraw your fund for let's say next 24 hours or you know the network is congested you you can do anything it doesn't happen so often uh but it can happen you know and as smart has said your funds can be just held hostage with this approach we are you know going for uh we will enable people to you know just trade uh just like they want and money will still uh stay on their wallets um and you know we can we can dive deeper into the technical details uh later on but basically uh but basically um this this is the thing this is like um i think one of the most important features of the platform uh but just to sum it up we are building a full suite of tools to let people invest safely some for so you know from ai contract audits which are already live we can screen share this in a moment to show it how it works uh you know to social media trackers and uh and the trading platform yeah and i believe you know that uh this is really cool from my perspective once i started investing you know in like smaller market cap coins on bsc and so on uh you know i had to learn a lot of things you know what what is slippage you know how not to get you know scammed you know what should i look for and with this platform you will be able to do that uh you know starting on bsc then we'll expand to e2 and so on but let's cover this later guys uh thank you sure sure i mean i'd love to see the product right now if you have it handy i'd love if you could show off some of these things that you've mentioned yeah so so the feature we're i'm about to show is going to be live in a in a few weeks from now but nevertheless let me show you our current design works and maybe do a quick explanation sure just take us through everything as long as we'll just share the screen once and just go through it all yeah so the feature marius is about to show i will be live very soon but obviously we want to make sure you know that everything will be 100 secure because you know we will be uh you know we'll be using uh or not maybe using but we'll be the intermediary uh trading people's funds so this is why at the moment you know for the last two weeks and you know for the next couple of weeks we will be running a lot of security tests but marius go ahead you know you can explain okay so the feature the feature uh you can see here uh we call it we call it move trade right now it looks like it looks like uh an exchange but it's actually decentralized so we do not hold your funds but we allow you to trade in any possible way so i think you're pretty familiar what all this is this is our current token the market move which has the ticker symbol move so you can see the transactions here but also you have the order book well these these values are obviously placeholders because this is not live yet and you are able to put lineage orders and market orders just like you would do and stopless orders just like you would do on binance on i don't know kraken any other metro exchange but the funds never leave your wallet so what you can see here is a token balance on in the underlying dollar value of a currently connected metamouse quality so with so if you compare this to you know a swapping tool where you can only see like one field where you can just instantly swap your tokens to to value we're actually you know changing these tokens into actual uh let's say coins that you can that you can trade like it was bitcoin or anything else and the cool thing is that not only you can trade low market cap coins or like some up-and-coming projects but you can also use the same approach to trade even like bitcoin to to uh to be a usd to any stable coins and well you could do this technically everywhere right so so this does not seem like a differentiator but you may imagine you have like a couple of million dollars or even like a couple hundred uh in your wallet and then you have to send it to an exchange well there is a saying not not your keys not your cheese which pretty much means that if you do not have a private key to your funds they're technically not yours anymore so things happen you know people get audited there is some some additional procedures and even though it's pretty much unlikely that you will lose your funds on any of the major exchanges though unfortunately it does happen and i think we we can all uh remind of some of some examples like anti-gox a couple of years ago which is a pretty huge huge thing the newcomers may not remember it anymore and people have lost millions and millions of dollars and i don't remember how much so thanks to this approach you no longer have to do this like the money is still on your wallet in your chain it can be a bsc or a team right now then we will expand and you can trade it like you were on a centralized exchange so you have both the the best of the both worlds out of all the suite of tools you guys are providing like what are you most proud of or whatever you think has the most value add to this space is it the trading is the smart contract audits i would say this is like a process that we're guiding you through so first of all you use our smart contract to decide if you want to invest in the first place then you use our platform to do an investment and not only you know do the first trade but actually set some limit and stop those orders so so that you can uh so that you can you know buy more or close on the price you want during the all the time you are in the process you can keep looking at the social media social media and tracker to make sure that nothing wrong is going on with your portfolio or maybe even less maybe even more than that maybe there is a you know a very uh very significant pump action going on like some positivity on the on the charts on the social media before even the the price reflects that so i would say it's like it's like something that guides you all the way to you know starting starting your investment all the way to to to its exit so i cannot really tell what's the most important one i think the decentralized exchange is very very significant but all of the tools make for a proper investment experience that we all are lacking right now in the bsc and the entire crypto yes yes um so where is the sentiment social media sentiment tracker and like the being able to to detect whether it's a honeypot where are some of those features so the sentiment tracker is on the roadmap uh it's coming in in a few months from now uh as far as for the contract audit let me actually show you so this is uh the interface is a bit different because we're right now unifying the interface uh but this is already a live feature you can test it out on any contract you want for example this is statement it's a well-known token uh you can see how how well it fares in different different categories like decentralization security and what's the overall score and if you actually want to look a bit deeper you can see for example what the owners of the contract are entitled to so even though safemon is a well-known contract that that you know that that was pretty safe that a lot of people liked and made some significant profit off you i think you should be aware that the owners have certain rights so for example they can change the taxi they can exclude certain wallets from receiving for example reflections and even though you don't need to go through all this because we will show you the most like if something is for example a honeypot you will be able to see it right here so that you know instantly that you should not invest in that because a lot of coins right now where would you see that you'd see that in the warnings uh it would be it would be right here where you where you see this course okay yeah actually you know uh the tool i think that for the ai contract audit this is uh one very important feature uh that you can just you know type a name of the of the token of or you know basically pays the contract and if it's a honeypot you will just get a big red warning what is a honeypot honeypot is basically a situation where uh the tax is so high that you cannot sell you know for example uh the buy tax is zero percent and the sale tax is 100 so obviously if you were to sell you would lose everything you know another uh another approach you know people unfortunately take uh scammers is that people for example blacklist everyone you know apart from uh you know wallace of developers and people keep investing you know so uh let's say new investors not really experienced investors go you know go to a token see oh man it's you know it's going up you know like 3x 5x and so on uh so all you know the huge green uh candle and the thing is that oftentimes unfortunately this is a harry potter meaning that it's going up because you know people cannot sell this token and so on and with our tool uh you are able to basically face the contract and if it's a harry potter we just get you know we just get a big red warning uh you know because what we what we are doing here is uh we are simula simulating a trade you know in in the close environment so you get instant results uh if you can sell of or if you cannot sell so actually you know we've gotten a really good feedback from the community from from like new people to the community that guys this really saved me from being scammed on bsc and i'm really thankful uh you know be this honeypot detector or just you know functions in the contract which are really important maybe we can just jump back for a moment and maybe uh show that we can click you know at the specific warning and actually uh help people understand what it means because it's not like you know this is the score and that's that's all all right just give me a second and in the meantime you can keep talking for a while i have a question if i'll take your time please educate me if i don't understand ai as much it's not my main core competency but is an ai driven smart contract audit would that be better than like a certic or are these companies that offer audits right now or is it worse or is it the same or how does it compare you know actually let me answer this because it's like it's kind of both because uh there is there is a significant strength in the in the human audit that the team can respond and you know justify some of their decisions and sometimes it makes perfect sense and without this conversation sometimes you just cannot you know be able to audit the contract that being said with the problem with the human-made audits is that once it's done it's done and and for some certain you know a center sent certain contracts with a high degree of of centralization the problem is that something may become a honeypot after it starts trading and this is something that you will not really see in an audit so they may be like warning you that okay you know they can change the fee or whatever but what if it actually becomes the honeycomb and you want to invest in that you because you know what's the the the problem with the honeypots because nobody can sell everybody's buying so you have like a mooning chart that looks like you know you're you're missing out on something amazing so that's that's the biggest that's maybe that's how why they called it the honeypot because you know it looks like pure honey but well it's not so um so so then if you just you know if you look at this certico auditor like any other company's audit which may be great you will not see that it has become one but if you go to our platform because it updates real time what's what's going on and if you can if you can still work on it if you can still invest in it uh it will show you that it has become a honeypot and why it works because every time we audit the contract we also simulate a trade so we try to buy and sell the the token obviously like in let's say not for real but we try to run like a test transaction let's say and if it doesn't go through then we show that this is honeyput let me ask you something because i noticed that when we looked at safe moon it got a relatively good score obviously people in crypto know that safe moon is kind of like a meme coin like a game type coin um but like what your system is identifying as like straight up scams is that a good way to think about it what's what a safe one no it doesn't it's not the identifiers come it's all right i know we just i'm saying safe mode is kind of like just uh you know it's known for like being a meme coin or like a game coin right it's like i i would think if safe moon gets a you know pretty decent score like something like bitcoin and ethereum would get like a perfect score uh so bitcoin and ethereum are not smart contracts they're not you know tokens on the bc so we cannot really uh judge them this way of course let me maybe let me maybe add a few things here so uh once you know what's the advantage this just maybe to make it clear this is like only one feature of the platform the the the very first one which is already live uh it was you know let's say the most requested feature for uh you know from our community but uh what is the advantage basically you can have uh an audit of any contract on demand so even if you just you know learn about new projects which is coming out today you can just pay the contract and you have the audit you can see for example uh what exactly what owners are uh you know uh allowed to do and so on and for safe and like you know here to be specific this is uh just analyzing their contract it's it's going a pretty well score but it still shows some uh warning and some you know things you should be careful about so like here you can basically first of all just click on uh detected line of code and see what it means so for example here you know uh owner entitled to change tax fee what i should do you should you know consult the debt team why they have such function in the contract for example sometimes people can you know start with higher taxes than when they get listed on some exchanges they need to reduce it to you know to zero percent so this is totally fine but you know for some coins these can be used you know to scan people and so on but you know so so just just to be clear like it's it doesn't mean that it's necessarily a wrong thing but it's something that you should be aware of when you're making the decision so for example it may be good to ask the dev team why there is such an such a thing or if if there is for example an action plan based on that like like what's what's the idea behind this and if you cannot get a satisfactory response maybe it's better to stay away from this token yeah exactly but uh you know but basically the thing is we've started with this uh based on the community feedback uh and if you check the volume you know for bsc contracts you know uh so many projects coming out every day you know for pancakes for other exchanges and so on uh we are talking about billions of dollars you know and uh truth to be told you know those are meme coins but you know you have dogecoin you have shiba inu and so on and you know currently they are you know they are training um you know elon musk for example on bsc there were like two tokens uh i believe it was baby dogecoin and me doge uh and you know elon musk tweeted about that then you know they started pumping and with our tool for example you could just go to aftermarket move ai you know pay the contract see if it's really safe you know despite ellen mcqueen about this you know uh understand why are you investing in it uh in the first place you know with the social media tracker you can say uh you know uh what are people talking about this what caused this pump and so on and you will be able to uh you know to let's say if you want to jump in jump in uh in the you know in the very beginning of this pump if you uh decides not to join so you will be able to understand what's going on behind the scenes of this token and then you know uh you want to trade it so on bsc currently uh you don't really have so many features which you know uh so many tools which allow you know to uh to trade in the decentralized way not taking your funds um so very very safe university way placing limit orders and so on so you know that's that's the that's the goal uh but ultimately uh we will expand the tool uh to other blockchains we plan to you know expand this to ethereum uh in in december um and you know there are many many new projects on ethereum as well coming out so you know people will just be uh able to really understand what they invest in uh you know if they should invest in in it in the first place and you know just uh just sleep peacefully not having to worry about you know a centralized exchange uh freezing you know withdrawals or so on so that's that's the idea yeah for example right now there are a couple of problems with the bsc network which is why we could not you know uh show you an actual honeypot uh because because you know they're just just like if you see even like fucoin and other tools just just work work kind of spotty right now but but it is there again so you mentioned that in december this is right now on bsc binance smart chain in december or around there you're bridging to ethereum um could you kind of explain how bsc and ethereum prices or liquidity cools will be pools will be related or linked once that bridge is there maybe it's better to you know even start with explaining why we want to do this in the first place so there are a couple of reasons why we have a lot of interesting and interested people that want to trade us on the ethereum we obviously need to have our utility coin to be able to expand on the ethereum blockchain but even more importantly uh we will be raising a 10 million private sale of the of the of the token on the ethereum running from angel investment and institutional investors so there will be a bridge which is uh let's say a additional layer that makes sure that the price uh the prices are are the same or very close so that people do not have any like price advantage or decent disadvantage or on any of the blockchains and we will also provide additional liquidity on the ethereum side so everything will be as smooth as possible along with a simple way to exchange bst and ethereum and all of the and the other way tokens for everybody cool cool that makes sense i guess i say final few questions for market move then i want to jump into more bigger picture cryptocurrency questions but for market move what's the use case of the market move token you kind of mentioned it but why is it needed in this platform so basically you need market moves to pay for our services so some of our services are free for both way for both reasons that we want to help people invest safer regardless of their wallet but if you want to place orders on our exchange you will have to pay with move which is a pretty similar business model to to what blindness currently has the other products will also require to spend or hold moves uh to be able to access that so this is a utility coin which serves as an internal currency in our application this is it's also required if you want to receive staking rewards with with the move but it will be introduced in a couple of months yeah very well said and uh let me add on top of that so basically you know currently for example for binance uh you you know for binance martian you use bnb to pay for gas fees and so on so this is a very similar business model to you know use move to pay with move for uh some commission fees so you want to trade without any kyc you know even for bitcoin ethereum pair uh in a decentralized way you're you know so using smart contracts your funds stay on your wallet so the only thing you need to do is to pay us you know a very small small percentage with we've moved so that's the use case and you know that's the that's the buying pressure so i believe mary's uh just because i think it's really important maybe it's interesting to mention that uh you know bnb started with like 15 million market cap or something like this uh and you know you you can see where it's now uh we are also now uh thinking about ethereum because there is you know attune to 2.0 coming uh you know some some other you know some other important and they very i think very interesting projects are coming out in the following months uh so once we you know let's say jump to to the bigger picture uh we'll be happy to to talk about this but you know there are some projects in progress which may allow people to you know move from this layer one to layer zero and trade you know uh crypto on every every possible blockchain but let's cover this in a moment um yeah but just to sum it up uh you know on our end so market moves main you know goal is to lower the entry barrier for both new investors in the crypto space and you know for already experienced investors and let them invest in a very safe way uh and allow them to do you know with that to do anything with their funds what they want you know and not force them not to hold their funds hostage uh you know and um and basically you know enable them to trade safely in a decentralized way you know and uh really help them understand um why they invest in specific tokens and find them new tokens you know um which are worthwhile final thoughts about market move or anything we didn't cover yeah maybe you know just uh just to highlight this just you know um to mention it once again uh is that we are going for some funding rounds in december we are already talking with a few angel investors from our network you know from the other business uh and the ethereum bridge will be coming in december so i guess you know at this point we are on vsc it's still very early um you know and once we reach to ethereum you know and get the funding ground we will have you know basically 10 million dollars for marketing and development so this will be a totally different thing uh and the price on ethereum and bsc will be the same you know due to the process to the error indeed the arbitrage process in place so i guess that if you know if anyone's uh if anyone wants to you know learn more about the project uh invest in bsc so he can do this right away you know if uh people want to wait for the ethereum bridge this is also uh this is also fine but you know big things are coming uh this is a continuous development so in november we'll be heavily promoting the the upcoming features so you know this let's say decentralized exchange um you know on bsc then expand it to other blockchains so yeah thank you very much exciting all right uh you mentioned that later this year like right now you're in finance marching later this year you will be bridging to ethereum in the future i believe i read somewhere cardano and also you talked about layer twos on ethereum and just mentioned all blockchains in general for talking about big picture outlook for the cryptocurrency market right now it seems that ethereum is the leader i mean even finance smart chain is ethereum virtual machine compatible are you an ethereum bull do you think ethereum will maintain its you know market share and leadership or how do you think about ethereum are you bullish i think i can take this one okay uh then i can give the floor to marius to express his thoughts as well i'm really bullish with regard to ethereum uh you know especially with the new protocol coming because you know many people have been you know let's say uh reluctant to to be really bullish on it due to let's say high gas fees you know that uh that there are no new tokens coming out and so on but i believe that with this new protocol uh if it's implemented carefully and you know successfully so this will really uh be the standard and i think that another important thing is that you know there are many new players coming like cardano and so on uh but the team is already let's say an established brand and uh you know institutions started have started investing into it you know you can read some goldman sachs uh reports you know we can uh read some other reports from you know from big players uh it's already being used so uh personally you know i'm really bullish with regard to ethereum especially with the new protocol i've seen uh you know many many people you know statistics uh staking you know for this youtube 2.0 yeah so i'm bullish and i i think that even for this year we might see a new all-time high for ethereum and maris what are your thoughts yeah yeah this pretty much covers it up so there is uh so so there are obvious paints with the ethereum like right now the very high gas fees long transaction times but but i believe that this will be solved with what you might mention which is which is called plasma protocol which is a layer 2 protocol which basically means that you can you can expand without losing all of the compatibility with the current chain which is ethereum it has a very strong ecosystem well it was first out there so definitely there are some legacies but i believe that it has actually believed that it's way bigger than bitcoin even though that the market cap does not necessarily reflect that but bitcoin doesn't have that much of it utility besides just you know storing value and ethereum can i think will surprise us with a lot of stuff to come so i'm very bullish well not financial advice i'm i'm holding uh some a lot of ethereum okay as a percentage of my portfolio uh that being said i also see a lot of potential in new up-and-coming chains like for example solana it's performing very well i but not necessarily just because of the technical stuff but i see a lot of adoption of solana like uh like on the different platforms as and also like new projects that are launched on on this very chain so ethereum to flip bitcoin is that a thesis of yours in the next five years i wouldn't go that far because you know frankly i i just don't know i'm am i more of a tech guy i just see a lot of potential so if there is a lot of let's say if the adoption of the defy protocols will be as growing as right now that might be possible but ultimately this is this depends on the markets on the big guys out there so can't really tell bitcoin remains uh let's say uh dominant dominant cryptocurrency right now i think it's it's uh it's wise that people start with it it will probably remain for some time now that being said the future belongs to the to the to the blockchains that can do much much more because that's how they can really integrate and change the world besides just you know value with with trading the coin and using it as a payment so ethereum this cycle do you think it's possible ethereum can hit ten thousand dollars is that a possibility is that realistic or is that just uh too bullish well i definitely think it's realistic yeah personally i think it could hit something around 8k maybe 99k uh but i'm pretty bullish you know especially with regard to the whole crypto market you know uh there is inflation going on you know in so many countries including you know including the us um you know and uh and western europe and you know all around the world so bitcoin as a store of value uh you know we probably keep increasing in price you know people uh in my opinion are um you know let's say too easy to manipulate with regard to you know some china far you know and events like this so uh personally you know i i've been holding uh bitcoin for uh for you know for a significant time now uh i wasn't you know let's say moved by uh you know by some events like my may i think may 19th and so on when it dropped and you know another drop because people you know beat um well well established projects and you know and crypto like bitcoin at gm so people really need to look for fundamentals you know bitcoin for example uh with as i mentioned with the inflation going on uh it has uh this cap of you know 21 million um so it's a very good store of value ethereum on the other hand is a let's say utility uh utility uh project uh so i'm bullish on both of those and uh i am bullish on a tune you know answering your question with regard to the you know to the price maybe like eight nine k maybe even 10k you know um because uh currently you know there's strong bitcoin dominance but as you know if bitcoin goes up you know the whole market is bullish on altcoins uh so there that's definitely possible and uh yeah you know let's let's uh look forward to to the next five years let's say i'm watching a stock to flow model as well carefully uh i don't you know want to say that it's perfect but i think you know with the current economic situation around the world with the financial system crypto will be you know will become more and more popular like just to maybe add one small thing it's it's cool because you know even uh last time i met with friends uh i you know i've heard some guys let's say six years old seven years old talking and uh they were you know discussing so now should i invest in real estate because i've heard about bitcoin from you know from my daughter and i'm i'm really you know uh i'm really curious what do you think about this so the word is slowly getting out there not only you know to to regular people retail investors uh but also like you know in this situation even for older people but also you know to institutions to etfs and so on so i'm really really bullish yeah just uh just to add on that if i might so this is definitely a spot on and you know instead of looking at any particular coins that may you know make a significant profit i'm actually more happy to see growth in the adoption of the crypto whatsoever not necessarily just just reflected in the value of the coins this or this on this like which blockchain will be the best but what i really want to see and this is this has been grown this has grown especially in the 2020 and now 21 is the adoption understanding of this of this particular let's say industry and what what it can really bring to the world and i think that the governments are actually doing a very good job promoting crypto through screwing up all of the financial systems they're running sky high inflation in pretty much all over the world so i'm pretty thankful to them because they are making that possible they are making people look into alternative investments and then slowly you know getting curious and even passionate about about blockchain i also hope that with our platform people will not get you know get screwed by the by the scam artist out there and you know do not get discouraged because it's so easy to you know get discouraged because if you if you know get get into crypto and you see the first let's say coin they will lure you with their marketing and you're going to lose your funds you will you may never go back and say that all of the crypto is come and you want to get rid of that we want to make sure that everybody is welcome everybody has an opportunity to participate to invest and and see how it really works you know to play with it as well final question is this um this is a fun question so a sort of big picture just opinions and i really wanted to ask you guys because you guys come from the tech slash developer background if i give you a thousand dollars today and you can only invest in the layer one protocols the the dap platform smart contract platforms so for example eth2 eth2 solana cardano polka dot finance maybe add in whatever you want but it's not so much about the money uh in terms of an investment but how would you divvy up that one thousand dollars uh that you would think would have success success in a long-term hold you know into the future for dap platforms maurice you want to take this i i can you know so uh basically only layer one yeah protocols and so on and we can only invest in one thing right no no just divvy up that thousand dollars how how do you kind of rank them to have a good allocation what you think would be a successful portfolio from a developer point of view there's eagle there's cosmos there's algorithms you know all of those yeah yeah yeah uh so actually maybe this might be controversial but i think you know first of all it depends on your goals you know so if you are going for like you know safe investment uh let's maybe you know you want our returns in let's say five year come on this is fun let's roll the dice yeah it's yeah exactly so so i mean if it's fun um be real with it be real with it for sure yeah so of course to be honest you know i i would definitely take like 100 dollars from this maybe uh even 200 uh invest in uh you know some smaller market cap coins which you know you you which you know people might not really be aware of and you know make make a bigger profit so i think if you even if you lose this 100 you know uh this is not such a big deal you still have 900 left and you know i i'm talking about this because for example on bsc uh i think that it's really possible if you do a good research good due diligence and so on it's like very very possible to do you know 2x 3x on new launches so i would go for that you know just to have some fun uh but as for like uh long-term huddle and so on uh i would go probably maybe for if it's like player one yeah so i would go for argon maybe uh some some part of it would go to ethereum some part of it would go uh two there's uh there are two projects right now uh avalanche uh this is like one thing and luna uh so uh so so those two projects and with the rest of the money probably like the boring thing maybe just to have something uh in in ethereum and bitcoin but to have some fun uh a part of it to go to like bsc new project very small market cup because you actually can do a lot of profit there even if it's only hype if you do it right you can do what you know 10x 100x and so on this is very short-term then i would you know use this money to invest in actual let's say use case-based coins and so on let me maybe add one thing uh this is not a financial advice you know another promotion but there will be a cool project coming out uh called player zero day we start on bsc and uh they want to accomplish a very cool thing so you know allowing uh people to let's say take this one step uh lower and trade crypto on every possible blockchain there are currently some projects which aim to do that but i think that this might be a game changer um so definitely i would save you know uh some part of this money or profits to also invest in it so this is like my let's say uh potential portfolio yeah and uh and i would definitely try to have some fun you know because obviously you can you know put everything in bitcoin possibly according to stock to flow model get like you know 20x from five years from now but i would definitely try to make some you know short-term profits as well yeah so that's just you know my point of view yeah yeah yeah yeah that sounds pretty solid so let me start with what i would not like to invest so bitcoin is safe but you know i'm not really a fan of it that much like it's pretty boring to be honest i'm also not investing in anything that doesn't have a utility for the you know wider adoption of the of the blockchain right now so i would put my safe let's say safe basket in luna solana and ethereum and also layer 0 but because i see a huge potential for for well for for adoption of that because what we're really missing out on right now is that there are so many blockchains out there coming out every day and you know you can really release you can only release your your platform your defy app whatever on one of them at the same time or if you're lucky and you have like compatible chains like bsc and ethereum then you can kind of try to tackle both with with the same code but if you want to really expand beyond that then you're going to have to spend a lot of time and you know consolidating everything like that so i think layer zero and any any well layer zero uh related platforms that are you know beyond the blockchains in trying to unify the different disconnected chains is something that we need to make sure that the platforms are interoperable and can work with each other so so i'm looking forward to to seeing this happen i really hope that this project will work out or a very similar project with display within this space because frankly because i need it i need something even like in our forthcoming bridge to a tv i need a solid mechanism to be able to connect that so you can either develop it but ideally if there would be a solution out of the box that you can only that you only need to tweak to make it work then we can so much easier expand to other blockchains which is something that we need because why should we write code to all of the other chains so yeah there's zero for me as well and i'll be also looking for a for for change that solves problems like for example not being able to store large files but yeah i'm right now thinking as more of a technical person so not necessary to generate a return but for the projects i really want to see happen so that's that's kind of my my way of looking looking at it appreciate that and you guys are early investors in layer zero so uh not yet uh so basically it's like players here that network we just know a guy uh who works with them and you know we see a really big potential so uh there are some projects as i mentioned which try to accomplish that but i like the technical approach you know uh so so yeah we we plan to invest uh in it in like november uh and potentially you know uh we will be aiming to basically let you know take market moves to other blockchains apart from ethereum and so on so this could come in handy yeah the next solana the next solana you're saying let's let's possibly they're technically another chain but yeah oh okay i'll have to look into it anyway gentlemen thank you so much for being on today i encourage everybody from our audience use the links in the description to find out more information and check this out for yourself uh this service the software uh this ai smart contract allows you to reduce your risk on the finance smart chain bridging to ethereum later this year and then multiple blockchains and layer twos in the future uh check that out in the description uh thank you guys very much for being on today yeah thank you very much you know um this was really interesting also you know to cover to discuss the big picture of crypto because uh we you know we are really we are really you know looking forward to what's to come especially you know coming from this tech background you know seeing a lot of advanced you know systems being developed for corporations and now you know we can take this to retail investors as well yeah so thank you very much guys yeah thank you very much it was a great it was great talking to you and thanks for the invitation thanks guys
2021-11-01 21:51
