/biz/ - Business & Finance

>>58193966

>Isn't MiCA just with the European Union?
Since crypto is defacto based on transacting with unknown and unverifiable addresses, MiCA applies to every single part of defi unless the devs want to run the risk of getting assrammed and tornado cashed by the EU. Protip, they don't. Tell me, does your scam have a product that integrates into defi to make dexes and protocols MiCA compliant? Because Everest $ID does.

>Is this a $LINK competitor or is it synergetic?
Synergetic. $ID was made to solve the identity problem. First, they run an Identity Oracle. Every user who creates an Everwallet to purchase RWAs is also creating an Human/Unique Identity available to Query in Smart Contracts.
https://everestdotorg.medium.com/everest-is-now-a-data-provider-on-the-chainlink-network-bringing-novel-identity-data-to-377039492189
https://developer.everest.org/#everest-identity-oracle

Their RWA tokenization platform CRDT is able to create contextual Smart Contracts that react to external data from sources such as other Chainlink Nodes.

>Isn't it normally a faux pas for institutional projects to talk about the price of their token?
If you’re talking about this part, is was meant to demonstrate that the giant fuck-off mining conglomerate paid at least 5x above OTC. The deal went through around December - January when it was less than 5 cents. Those tokens are locked and not for sale- they're just so the conglomerate can use the API.

Everest solves the identity problem user side it doesn’t compete with CCIP at all https://medium.com/about-everest-updates-and-news/everest-will-integrate-chainlink-price-feeds-and-launch-a-chainlink-node-for-id-services-1283b7c48c7

EVEREST CHADS WTFWT