/biz/ - Business & Finance

The sheer tokenomics of Everest alone guarantees that one day 1 LINK = 1 ID. There are only 800,000,000 ID tokens which will be systematically burned by usage of features on the Everest platform, i.e. regulatory compliant KYCing. Not to mention every single institution in crypto and the legacy world wanting to onboard into DeFi will be forced to stake 250,000 tokens if they want full access to the features of Everest. It is not only well within the realms of possibility that 1 LINK = 1 ID given these tokenomics compared to Chainlink’s 1,000,000,000 model - it is an eventual guarantee. By the will of Kek and the All Father, this manifestation is destined to take place. Even if it takes Chainlink dumping further.

>>54319785
Based, 1 LINK = 1 ID

>>54209501
Yes in fact I am making that assertion, because the sheer tokenomics of Everest alone guarantees that one day 1 LINK = 1 ID. There are only 800,000,000 ID tokens which will be systematically burned by usage of features on the Everest platform, i.e. regulatory compliant KYCing. Not to mention every single institution in crypto and the legacy world wanting to onboard into DeFi will be forced to stake 250,000 tokens if they want full access to the features of Everest. It is not only well within the realms of possibility that 1 LINK = 1 ID given these tokenomics compared to Chainlink’s 1,000,000,000 model - it is an eventual guarantee. By the will of Kek and the All Father, this manifestation is destined to take place. Even if it takes Chainlink dumping further.

>>53547095
I thought that the worst crypto bear market in a decade would bring back the glory days but it hasn't flushed out nearly enough of the trash

>>52629727
The sheer tokenomics of Everest alone guarantees that one day 1 LINK = 1 ID. There are only 800,000,000 ID tokens which will be systematically burned by usage of features on the Everest platform, i.e. regulatory compliant KYCing. Not to mention every single institution in crypto and the legacy world wanting to onboard into DeFi will be forced to stake 250,000 tokens if they want full access to the features of Everest. It is not only well within the realms of possibility that 1 LINK = 1 ID given these tokenomics compared to Chainlink’s 1,000,000,000 model - it is an eventual guarantee. By the will of Kek and the All Father, this manifestation is destined to take place. Even if it takes Chainlink dumping further.

>>52423297
>>52423926
>>52424405
>>52446314
>>52449513
Based Everest chads

>>50784788
Everest ID is everything you could dream of and more

Recent AMA Recap:
https://medium.com/@MercuryMountain/everests-bob-reid-ama-recap-july-26th-2022-d956e90ed77a

>What is Everest?
A Biometric Crypto wallet and licensed global bank account hybrid, built to bring a bridge between TradFi with DeFi to retail users. First project to directly plug a fiat ACH Rail into a blockchain.

> What does it do?
>Bank <-> Dapp payments
>Sybil Resistant Identity
>Cross border remittances
>Global ZKP/KYC & Data sharing
>Programmable Stablecoin $CRDT
>Retail accessible Forex trading
>Bank functions such as direct deposit
>Legal DAO creation
>Crosschain bridging for all the above utilities


Product Website:
https://everest.org/
DAO Organization Website:
https://everestfoundation.net/

Recent Product releases:
USA/Mexico Remittance Demo:
https://www.youtube.com/watch?v=8QtoM-CCw6Y [Embed] [Embed]

DAO Organization Creation Kit Demo:
https://www.youtube.com/watch?v=T3I8y2pvwsw [Embed] [Embed]

ZKP/KYC Demo:
https://www.youtube.com/watch?v=0NnZ3k2bfj4 [Embed] [Embed]


Other links of interest:
https://www.biometricupdate.com/201909/id2020-and-partners-launch-program-to-provide-digital-id-with-vaccines
https://www.biometricupdate.com/202107/oracle-finds-a-biometric-onboarding-partner-in-everest
https://medium.com/about-everest-updates-and-news/everest-will-integrate-chainlink-price-feeds-and-launch-a-chainlink-node-for-id-services-1283b7c48c7b
https://blog.oceanprotocol.com/ocean-protocol-and-everest-to-bring-identity-verification-and-fiat-on-off-ramps-to-ocean-market-7f1e5f988b26