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/biz/ - Business & Finance


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29982980 No.29982980 [Reply] [Original]

I've never 10x'd on anything before. Damn it feels good. And it feels even better that /biz/ didn't shill it to me.

>> No.29983064

>>29982980
>/biz/ didn't shill it to me.
That's WHY it 10x'd bro

>> No.29983140

lmaooo
>wanna be a whale
>join shill 3lvl scam
>lose everything and wee in the corner

you shouldn’t be a genius to realize what project to invest in
my portfolio with enq and their node nets are coolopp for this year

>> No.29983360

Got in at $0.055 myself, anon. Feels good man, it is about to be your first coin to go 20x, 50x, 100x
based af

>> No.29983394
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29983394

>>29982980
STOP FUCKING POSTING THIS SHIT

>> No.29983416

>>29983140
You type like a fag, fren. Speak English.

>> No.29983690

>>29983360
Yep, when Hyperloop deploys I am thinking we hit $5 at least

>>29983394
Sorry fren, good luck with the acoomulation

>> No.29983805

Plasmaswap this month, hyperloop Q2 i think? actually convinced this was a scam when i first looked up the site. it was way too good

>> No.29984275

>>29983805
Based. I love that the whitepaper FUD kept the price so low for so long. WAGMI

>> No.29984385
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29984385

>>29983064
I’ve been shilling it for a few weeks now

Trying to help my fellow LINK bros out

>> No.29984466
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29984466

>> No.29984504

already mooned? no, thanks

>> No.29984587
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29984587

>>29984385
I'm sure you helped out a few anons.
The dev team is pajeet-free so it doesn't get shilled relentlessly here. Mighty comfy.

>> No.29984588

>>29982980
good work anon. shame none of us can buy it now it's at the top :)

>> No.29984735
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29984735

WTF i bought this on MCX two weeks ago I just checked and it was exchanged to USDT.

>> No.29984772
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29984772

>>29982980

Congratulations, I want a 10x like you wouldn't believe...I've invested $15k and I'm $2k up...

How/where did you find this brother? I really want to learn how to make it, this is depressing.

>> No.29984886
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29984886

>>29984588
>shame none of us can buy it now it's at the top :)
Kek
Enjoy the ride up, fren. Top 20 by summer.

>> No.29985165
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29985165

>wanted to buy
>after already creating accounts on literally 6 or 7 exchange sites to buy other not widely listed shit I said "Fuck it, what are the chances THIS is the one."

You're welcome. It would be crabbing like my other esoteric altcoins if I had bought.

>> No.29985275

>>29985165
Uniswap and Coinbase wallet - it’s really that simple

>> No.29985421
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29985421

>>29984587
That’s what this board used to be all about before the influx of newfags

That’s a mighty fine dev team

>> No.29985456

>>29985275
>Uniswap fees

Nah.
You can say "stay poor" but that shit would actually ruin me at the stack sizes I'm currently trading.

>> No.29985605

>>29985456
Sorry to here that - it only cost me about $50 to secure at 7k stack and I’ve made that backx100 already

>> No.29985674

>>29985165
Gemini brother. $5000 daily withdrawal/deposits.
Also wtf I almost bought a bag of this shit at .01c fuck!!!

>> No.29985776
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29985776

This may make me gay but I really enjoy their vapor wave aesthetic

>> No.29986210

>>29984772
>How/where did you find this
Some crypto YouTuber listed it on a top 10 alts to watch back in December. Go watch through a bunch of those videos and ignore any alts that have been shilled on here. Then go research the other coins and invest in one that seems to have a solid project and team and still hasn't mooned. Then pray that you don't get btfo because there is still only a maybe 5% chance it'll go anywhere.

Anyway if Hyperloop actually works we are going to be easily in the top 10, and we're still outside of the top 400 so there is a ton of room to grow. There's a dip happening right now as well. GL anon

>> No.29986793

>>29986210
thank you

>> No.29986974
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29986974

As the cryptocurrency boom continues, decentralized finance (DeFi) has taken center stage. An increasing number of financial participants are beginning to understand the flaws of centralized systems, while at the same time acknowledging the underlying merits decentralized systems have to offer. Decentralized borrowing, lending, and liquidity solutions allow for the streamlining of finance and commerce and stand to propel and reshape the world economy in the years to come.

Similar to the early days of the Internet, system usage was the core domain of industry specialists. Similar gaps, inefficiencies, and limitations exist today with respect to DeFi, with a significant portion of total value consumed by a select few “in the know” market participants. Part of the problem with the current DeFi landscape is its fragmentation, front end complexity, and overwhelming optionality. That being said, there exists enormous opportunity for a DeFi market-based solution focused on consolidation and the end-to-end user experience.

If we are all honest with ourselves, Ethereum’s current lack of scalability is the elephant in the room, rendering it practically unusable in its current form. Exorbitant gas fees, along with non-instant transaction processing shut out a significant number of users from experiencing the many positive benefits DeFi has to offer. It can also be argued that high gas costs are hampering Ethereum’s growth potential, and by extension contributing to downside price pressure.

Another less spoken, but equally prevalent challenge plaguing DeFi is the fragmented user experience. As exciting of an opportunity as DeFi presents, I can personally attest to the frustration and difficulty associated with the unabating need to track an ever-growing number of websites, wallets, and login credentials. Operational maintenance is not a simple and straightforward task, even for the most seasoned and savvy of users, let alone for newer crypto joiners.

>> No.29987049

>>29986974
The aforementioned disturbances have recently been corroborated by DeFi’s newest market entrant and proponent, billionaire Mark Cuban. Per his recent commentary on the DeFiant podcast, Cuban speaks about these limitations in detail. It is a lengthy interview overall, but I will point to 2 sections in specific:

1) 16:56: Mark answers questions about Ethereum fees limiting Ethereum’s usage, and as a result, its longer-term upside potential.

2) 28:47: Mark speaks about the current complexities of the DeFi user experience and how there is a need for simplification to foster greater adoption.

https://www.youtube.com/watch?v=GdGseBuuq_I [Open]

In response, Plasma Finance (ticker $PPAY) aims to solve the above challenges via its various business verticals, i.e., PlasmaPay, Plasma.Finance, and PlasmaSwap, each of which are explained in the forthcoming sections.

Plasma’s first core product is PlasmaPay. PlasmaPay is licensed in Europe and provides utility to individual and business users alike. In a nutshell, you can think of PlasmaPay as Plasma’s onramp / offramp + secure wallet solution. Currently, 42 fiat currencies and 3000+ cryptocurrencies are supported, with coverage allowances granted across 150+ countries worldwide. PlasmaPay also allows for the purchase and sale of cryptocurrencies, both with cryptocurrency as well as directly with fiat (Visa, Mastercard, and bank wire are all supported fiat payment options). PlasmaPay also utilizes its PlasmaChain solution to support cross chain bridging. Simply put, PlasmaChain allows for the seamless swapping of cryptocurrency across differing blockchains (think, interoperability).

>> No.29987135

>>29986974
>>29987049

Plasma.Finance is Plasma’s next product vertical. Plasma.Finance provides users with a holistic, customizable DeFi dashboard and hosts all underlying Plasma DeFi products in a consolidated, easy to navigate and understand user interface. The following applications are core features of the user experience:

•Market overview: Summary of high-level market statistics, e.g., biggest movers, highest yield opportunities, etc.

•Portfolio management: Flexibly allows users to merge wallets and execute holistic strategies in a few easy mouse clicks.

•Liquidity pools: Aggregates LP analytics across multiple DEXs, with the most profitable opportunities highlighted in real time.

•Lending & borrowing: Provides transparency as to the best lending and borrowing rates, with rates sourced across the most competitive industry protocols.

•Fiat onramp / offramp: Seamless integration for fiat deposit and withdrawal, with 150+ eligible countries supported; in applicable countries, users can also make crypto purchases with fiat directly.
•DEX & swap aggregator: Aggregates quotes across DEXs to provide best execution price with the lowest fee rate.

•Cross chain asset swapping: Ability to swap tokens interoperably (i.e., PlasmaChain will act as sidechain to Ethereum and Binance Smart Chain to execute cross chain swaps).

•Governance: Utilize $PPAY token to participate in community governance proposals, with the end aim of holistically improving Plasma ecosystem.

•PlasmaSwap: Targeted for a March release, this is an absolute game changer in terms of existing DEX products. Lightning-fast trades with ZERO cost are some of the expected value add benefits investors can expect.

>> No.29987137

I got in at $0.1 but I only bought a 15k stack. Tempted to get more at $0.3... Should I do it, bros?

>> No.29987195

>>29986974
>>29987049
>>29987135

By simply connecting to MetaMask, novice and experienced crypto users will have access to the Plasma.Finance holistic dashboard. Having each of the above features in a single, easy to use interface is a non-existent market reality today. Plasma.Finance changes all of this – the days of excessive operational crypto maintenance, crypto exclusivity, and counterintuitive user experience are over.

Perhaps the most exciting of the bunch is the up-and-coming PlasmaSwap DEX. Although sitting atop the Plasma.Finance vertical, it deserves its own special consideration given its underlying go to market ramifications.

To begin, PlasmaSwap encourages institutional adoption by integrating common, legacy risk mitigation tools such as stop loss and limit order functionality. Most notably, however, and with the help of its lightning fast blockchain, PlasmaDLT, PlasmaSwap aims to implement near instant transactions with ZERO fees via its Hyperloop bridge gateway. For the uninitiated, the Hyperloop Protocol is a layer 2 solution that utilizes cross bridging to transfer assets to PlasmaDLT. Given transactions are processed off-chain, they can be rapidly processed with ZERO fees. Upon completion, off-chain assets are moved back to the mainchain for final settlement purposes. Not only will PlasmaSwap directly assist Plasma users, it also aims to assist overextended chains (e.g., Ethereum) by reducing overall mainchain transaction strain. The Hyperloop bridge will eventually also support cross chain swaps across a wider array of platform protocols. In the months following its upcoming March launch, Hyperloop will allow for swapping within and across Binance Smart Chain, Polkadot, and Cosmos.
You can read further about Hyperloop below:

https://medium.com/plasmapay/dont-like-eth-gas-fees-plasma-s-cross-chain-hyperloop-protocol-solves-that-e71524f09523

>> No.29987278

>>29986974
>>29987049
>>29987135
>>29987195

In terms of token utility, $PPAY is used for a number of functions, each of which is itemized below:

•Staking rewards

•Governance

•LP reward distribution

•Utilized for in app purchases within PlasmaPay

•Lending “interest” accrual and distribution

•Hyperloop bridge utilization fee

Lesser known to many is the number of strategic partnerships Plasma has already cultivated; given the project’s trajectory and ambitions, I seriously doubt this trend is anywhere near completion.

Some of the partnerships formed thus far are as follows:

•AllianceBlock ($ALBT)

•Bondly ($BONDLY)

•Bridge Mutual ($BMI)

•Casper ($CSPR)

•Geeq ($GEEQ)

•Injective Protocol ($INJ)

•NEM ($XEM)

•Orion Protocol ($ORN)

•Ren ($REN)

The Plasma team is made up of approximately 25 Development, Operations, and Marketing personnel. Plasma is headed up by Ilia Maksimenka (founder & CEO) and Evgeny Fedorov (cofounder & CFO). Ilia and Evgeny share a strong and clear vision of bringing DeFi to the masses. In a recent Medium, Ilia shared his thoughts on cryptocurrency’s role in paving the way for a more equitable future for all:

"When I first encountered cryptocurrency I immediately realized its potential to even the playing field between big institutions and individuals. From my past entrepreneurial experience, I learned how existing financial systems rarely benefit anyone other than an elite few, but in decentralized finance I see a means of empowering the many. Having spent many successful years working in business and IT, I began to consider how I could make my own positive contribution to the field, and consider how I might drive the sector further forward."

>> No.29987315
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29987315

>>29984587
WAGMI

>> No.29987352

>>29986974
>>29987049
>>29987135
>>29987195
>>29987278

In yet another Medium, Ilia provides insight into the ultimate vision of Plasma.Finance:

"I created Plasma.Finance to reflect my vision of a future in which everyone is free and free to make the financial choices that suit them best. I see a day in which we will live a fully self-sustainable digital society."

Team communication and transparency build trust and are of utmost importance for a project’s success. The Plasma team has kept the community properly apprised on all project updates, partnerships, and future release items by providing an abundance of detailed content via Telegram, Twitter, and Medium. If you have not done so, I suggest following $PPAY sooner rather than later to obtain real time notifications, along with a better understanding of the project’s broad scope and grand vision.

Kyle Chasse of Paid Network (ticker $PAID) also joins Plasma as a key strategic advisor. In viewing his prior project involvement, Kyle has a strong track record of picking winners. If history serves as a barometer, his involvement and deep industry connections will help perpetuate Plasma’s continued growth into the future.

In terms of exchanges, $PPAY is listed on Uniswap ($UNI), along with a number of CEXs. Plans for further CEX listings are forthcoming, so aggregate liquidity will only increase over time.

Let’s now talk valuation. Relative to its DEX competitors, $PPAY sits at a very modest $38M market capitalization. Compare this to the likes of several competitors (Uniswap, $UNI; Sushi, $SUSHI; 1inch, $1INCH), which stand multiples higher, and you start to get a clearer picture of the true price dislocation at hand:

• 1inch --> $384M MC = ~10x higher

• Sushi --> $1.96B MC = ~52x higher

• Uniswap --> $7.02B MC = ~185x higher

>> No.29987374

>>29987278
Can you stop spamming this thread with the whitepaper? Just link it and let anons find it for themselves

>> No.29987379

bullish as fuck on this, staking is literally coming this week and plasmaswap shortly after, and then hyperloop next quarter, unironically will 100x still from here in a year or two

>> No.29987452

so nearly bought this fml
i cant do anything right

>> No.29987489

>>29986974
>>29987049
>>29987135
>>29987195
>>29987278
>>29987352

Do not forget the Plasma ecosystem does not act in the core capacity of a DEX / DEX aggregation tool like its competitors. The (many) other integrated features described throughout this overview add to its holistic value proposition, and thus further suggest the potential for greater price appreciation. With increased partnership and product release announcements in the pipeline, I anticipate it only a matter of time before the market fairly values Plasma – the scope of $PPAY’s efforts is significant to say the least, and in my strong opinion, the market has simply failed to recognize this.

One of my strategies is to invest in projects with a strong and clear vision; $PPAY is a project that lives and breathes the ethos of “DeFi for all” in everything it does. In my experience, a clearly communicated and shared mission is is the harbinger of longer-term success. Combining Plasma’s mission with the team’s practical execution, leadership, and forward-looking roadmap, this presents a severely undervalued project with truly compelling potential that simply cannot (and will not) go unnoticed for far much longer.
You can learn more about the Plasma ecosystem via the following links:

https://plasmapay.com
https://plasma.finance
https://www.coingecko.com/en/coins/plasma-finance

>> No.29987516

>>29987452
its not too late anon, it hasn't even started yet, and I'm saying this as someone who bought at 20c few days ago

>> No.29987580
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29987580

>>29987374
No

>> No.29987970

>>29985165
Are you buying now?

>> No.29988283

>>29987970
I am tempted to swap all of my Coreto and Statera for PPAY. Considering an all in move.

>> No.29988425

>>29987489
holy FUCKING shit that was boring
what does it all MEAN

>> No.29988545

>>29985605
how much dollars would you say to put into the uniswap/coimbase routine

to start with

>> No.29988788
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29988788

>>29988545
That must've been a challenge for you to type without using the word needful

>> No.29988875

>>29988545
That depends on what you’re willing to lose

I invested $650 fully expecting to lose it all

That said I believe the more you buy the cheaper the gas fees are also middle of the night when less people are trading gas fees go down

>> No.29988967

>>29988425
Basically it’s way better the Ethereum which is actually killing crypto right now with its gas fees or something like that

>> No.29989552

>>29988967
no, its a decentralized bank and more, it can bridge any and all blockchains with hyperloop to make eth or any chain fees practically 0

>> No.29989614

>>29983140
Show us your pf

>> No.29989680

>>29982980
I remember being shilled it when it was 13 cents. I refuse to buy anything with "finance" in the name though.

>> No.29989707

man wassup. what is the annual rofit from rewards sent by the trust? at least approximate

>> No.29989725

>>29989680
your loss

>> No.29989810
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29989810

>>29983140
t.

>> No.29990062
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29990062

>>29989552
Yea what he said

>> No.29990202

>>29984587
they look slavic which is worrying

>> No.29990873

>>29990202
two of the devs are called wayne and ian. based af

>> No.29991176

Think we just broke the ATH

>> No.29991669

My most comfy hold, i will unironically become a millionaire from this

>> No.29991724

>>29991669
How many do you have? Think I need to add to my stack only 7k here

>> No.29991795

its funny, i shilled this at 2 cents and at 4 cents and you niggers just called me a pajeet scammer lmao

>> No.29992116
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29992116

We just cracked the top 400 boys

>> No.29992146

>>29991795
Not me I listened and am up 300%

>>29992116
It has begun

>> No.29992473

>>29991795
I saw someone shilling an all white dev team and that sounded all white with me so I bought. Made 100% and sold half to get my initial out, then sold like another quarter that locked in a 200% ROI on the next major move and now sitting on a comfy position free and clear :)

>> No.29992609

>>29992473
This is the white mans coin

>> No.29993423
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29993423

Saw it shilled here, pic related
Did I do good biz?

>> No.29993927

>>29993423
kek. never change, /biz/

>> No.29994104
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29994104

>>29993423
Yep you did great

>> No.29994366

>>29993927
>>29994104
In my defense, what made me sell was the shitty whitepaper full of typos. This pump is because of me, you're welcome /biz/

>> No.29994512

Dont know who shilled this back at 4c but thank you anon and I'm really sorry I didnt believe you and went only for the suicide stack

Still a 100k may still turn into a make it if they deliver, I'll settle for a house otherwise

>> No.29994728

>>29994366
Checked

>> No.29994761

I only have 12k, im going to end up suiciding arent i?

>> No.29994914
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29994914

>>29994512
When this hits $10 you’ll have made it

>> No.29995018

>>29994761
7k here and I looking for rope

>> No.29995850

>>29994761
>>29995018
14k stacklet here, hindsight is 20/20 frens