/biz/ - Business & Finance

>>54847122
>Digital Identity management crypto on the list and feel comfy
for me, its CHEQ

>>54864640
The problem is legit projects are not allowed to make their token valuable on purpose or to promote them
Its illegal to have bullish tokenomics basically. So only anon-teams can do marketing.
VC-seed round investments are way down even though most OGs agree we saw the bottom. Because now the threat of legal action against teams just for having any value-accrual mechanism feels a lot more real than in 2017 or 2021 and things get risky for doxxed teams and theres no proven way of how to launch something new legally in the current climate.

that leads to memeshit outperforming even harder than usual. there would always be memeshit of course but this pushes it to its extremes. Back in the ICO days someone who wants to just pump would find some actual "idea" and market that. "blabla but on the blockchain". Now its actually legally safer to go anon team and create "cumfartPepeInu" so the pumperdumpers do that and the actual legit teams dont create bullish tokenomics and get less VC funding and build sinently.

you can join the memecoin bandwagon or buy stuff that bets on regulatory clarity happening soon and hope or go with largecaps and others which are most likely to be deemed commodities.

for me, its cheq

>>54409424
>>54409433
there is still time to slurp sum juicy cheq angry everesties

>>54398847
>ctrl+f "Self-sovereign identity"
>16 results
>ctrl+f "decentralized identity"
>31 results

>>54369231
CHEQD spoonfeed:

The DID meta will be one which comes absolutely out of nowhere for most people. It will get wrapped up in arguments about privacy, all the while smarter people than you position themselves accordingly, as corporations and retail users are transitioned into EBSI compliant wallets and people begin to see the bemefits of owning and controlling their own data, this industry will explode.

It's tricky to position oneself fully in this market. Many organizations work on government grants or are small start ups without funding options.

If you want to take the TradFi route, you can go long with Gen Digital (merger between Avast and NortonLifeLock). They are going hard on Digital Identity and bought out one of the most pionering companies in the space - Evernym.

If you want blockchain exposure, cheqd is by the best. They actually count Everynm as a partner, as well as most of the other companies in the Digital Identity industry. They aim to be somewhat of a 'Network of Networds' - their partners find the clients whilst chewd simply build the infrastructure to allow all these microstransactions of valable data to be monetised.

That's what is so key to cheq - it is one of the first REAL industry usecases for blockchain microtransactions, and its a low market cap gate.io shitcoin you can get for pennies.

eIDAS regs are coming in soon and change to the identity industry is coming very quickly, expect this thing to rip 100x once its on a larger exchange and thought leaders in crypto begin to understand the potential. We wont even need a bull market to do a 100x with this thing.

>>54272911