/biz/ - Business & Finance

>>57168410
tfw too intelligent to make money

Thanks OP, only worthwhile topic to discuss. It's a shame so many still don't see.

>>55855338

>Twitter and "verified wallets"......as I've alluded to previously, all social networks are facing a tsunami of a bot-infested, API-scraping, anon-troll-chirping, Orwellian, digital hellscape that threatens their very existence as profitable platforms. Facebook and Instagram are attempting to solve these problems by charging credit cards. LinkedIn is building a federated system that relies on govt identity cards. Reddit reached the point of being forced to charge for API access. All this and we're in the first inning. What's the solution? Everest's AI-driven, blockchain-based identity solution that places the user at the center of privately verifying they are a live, unique human, and controlling their data. And giving those users access to a global financial platform that offers rewards to the community that transact over it is quite simply the future.

>Starting with Twitter, we are paying users $IDs to prove they are not a bot (not charging them $8/month :)), and giving them an Everwallet or connecting an existing wallet. Further, when friends and family sign up with the original user's affiliate link, they earn more $ID......and continue to earn a percentage of fees on all the aforementioned sending/receiving, buying/trading/selling/remitting. In sum, we are solving real problems that uniquely consume $ID tokens at scale. You can see details of the 10M $ID campaign to kickstart adoption here: https://wallet.everest.org/affiliate Please sign up yourselves and pass along. If you have suggestions on which social network should be next, please send ideas & analysis.

>On a qualitative note, it feels like we're "getting over the hump." Not only as Everest, but more broadly in the blockchain and crypto industry. The hours and dedication put in by the Everest engineering and product teams can't be adequately described in words. Y'all know me as the face of Everest, but it's the team, not me, that did everything above. Here's to a great rest of 2023.

>>55450988
the ONLY solution

>>55167972
The Everest pasta and meme machine is as unrelenting as the Everest team’s approach. Only a dedicated few are here to play witness to the forefront of /biz/ memetics, let alone take a guiding hand in it. How joyously we meme, undeterred by the superfluous short term price action. A marvel takes hold as we produce the subsequent. The aesthetic, the detail - unsurpassed by our contemporaries. The gods themselves smile upon such creation. The crypto industry and regulators are moving full speed ahead to where Everest has been positioned for an age. Anons are demoralised and continue to miss the forest for the trees, but this is of little concern to us. We will continue to meme as the consciousness shifts in parallel with regulation. This time of ignorance is the comfiest of times. It feels good to be right. It feels even better to be right before everybody else. Treasure these days. They won’t be coming back.

Everest is the only project in crypto that is a licensed (regulatory compliant), full stack DeFi platform with biometric (unique, proof of humanity, deduplicated) identity at the base layer, and 1:1 backed, programmable, real world assets.

I am posting for fun.

>>54849737
Everest is the only *identity* provider because it uses biometry at the base level. Everything else so far are glorified credential sharing platforms. It doesnt matter how many fancy zkps are used to wrap up a piece of identification, that piece of identification can always be faked. Also the regulatory compliance.
The following is from Bob (I got criticized for casting pearls before swine last time I posted it, rightly so perhaps but whatever):

DeFi will be regulated……that means a full compliance suite
-Identity verification, deduplication
-KYC/AML
-Risk rating
-Ongoing monitoring
-Reporting
-License
-BSA
-Policies, procedures, insurance, etc…...
Problems……DeFi players
1) don’t have any of this, nor know how to do it, and they will need to outsource all of this, and
they want to stay clean holding any identity data or KYC checks anyway
2) 99% think that a green check mark on a wallet from a SW vendor will satisfy these requirements……It’s honestly driving me crazy
a) DIDs…..hashes of credentials will not satisfy the above. And you can launder money money with DIDs. And you don't derive an identity from credential - it's vice versa.
b) SoulBound Tokens……..cute idea, might be relevant for reputation, but if you’re using just those without a real identity underneath, you’re going to jail
c) Zero knowledge proofs……wrap a KYC green checkmark inside of an encrypted proof……again, not compliance, not identity, no way to do any reporting, etc……I can launder money with it, and DeFi suppliers will go to jail
Solution…….
- Contract with an entity that has the same reporting, data retention & protection laws……so a licensed crypto custodian
- Risk rate users and transactions
- Perform ongoing monitoring
- Don’t actually pass the data to the DeFi project (keeps them clean), but have it available on-demand
Guess who is uniquely positioned to supply the solution? Everest.

dont mind me, by the will of Kek and the Allfather just doing a lil bit of magic as described here >>54630320

This is now a compliant, deduplicatable, IDENTITY thread.

If this thread goes on long enough, here are some participants we can expect to see:
>mentally ill seething retard, used to larp as pajeet, now spams for reporting to regulators, supposedly named Jack
>Cheqd Wagie who posts DID general threads and hates Everest for having temporary alpha features
>based anons who understand regulation and also make occasional OC, there like 3 or 4 of these guys, 1 or 2 of them are very patient, and another rightfully calls cheqd wagie a faggot, all are based

If this thread goes on long enough, here are some participants we can expect to see:
>mentally ill seething retard, used to larp as pajeet, now spams for reporting to regulators, supposedly named Jack
>Cheqd Wagie who posts DID general threads and hates Everest for having temporary alpha features
>based anons who understand regulation and also make occasional OC, there like 3 or 4 of these guys, 1 or 2 of them are very patient, and another rightfully calls cheqd wagie a faggot, all are based

Honorable mention to OP being a recognisable Pajeet, I think he means well<div class="xa23b"><span class="xa23t"></span><span class="xa23i"></span></div>

>>54393004
t. cheqd wagie
>>54393419
>>54396443
All these guys dont know the difference between identity and identification. Everest is the only solution, and these Oraclize tier retards will bend over and spread em.

Channel the Everenergy, our retarded familiars have returned.

>>54336969