Disruptive Proyects:
💎New cryptocurrency projects and launches, useful information and education in the crypto universe🪙
What does all this mean? 🤔
Let’s continue to delve deeper into this exciting crypto world! 🌐 In addition to the projects mentioned above, there are revolutionary technologies that are gaining a lot of attention in 2024, such as DePIN, artificial intelligence (AI) applied to blockchain, and the tokenization of real assets. I’ll explain each of them in more detail! 🚀
DePIN (Decentralized Physical Infrastructure Networks)
This concept is the future of how we interact with physical infrastructure through blockchain. The idea behind DePIN is that anyone can contribute hardware or physical resources to the network, such as storage (e.g. hard drives) or connectivity (e.g. internet networks), and be rewarded in tokens for doing so. Filecoin and Helium are the main players in this space.
Filecoin (FIL):
Allows people to rent digital storage space in a decentralized way. Instead of relying on giants like Google or Amazon to store data, anyone can contribute space on their hard drive and earn tokens in return. This democratizes information storage and makes it more secure, as data is distributed around the world.
Helium (HNT):
Instead of offering storage, Helium creates a decentralized IoT (Internet of Things) network. The idea is that anyone can install a «hotspot» in their home or business, offering connectivity to IoT devices and earning tokens in return. It is a disruptive solution for smart cities and remote sensing applications. 🌍
Artificial Intelligence (AI) + Blockchain
2024 is being the year where AI is integrating more deeply with the crypto ecosystem. AI has already demonstrated its power in automation and data analysis, but when combined with the decentralization of blockchain, the potential is immense.
Render Network (RNDR):
This is an example of how AI and blockchain can work together. Render allows artists and creators to render (create complex images or videos) using the computational power of other people on the network, and pays them in tokens. Now, with the integration of AI, Render can optimize resources in a much more efficient way, making work faster and cheaper.
Injective Protocol (INJ):
This is a decentralized finance (DeFi) protocol that is implementing AI models to make trading smarter and more efficient. Using AI, trading algorithms can analyze markets in real-time, identify arbitrage opportunities, and manage risks automatically, allowing users to make more informed decisions in less time. ⚡
Near Protocol (NEAR):
An infrastructure project that is integrating AI to make dApps (decentralized applications) smarter and more flexible. Thanks to AI, Near Protocol optimizes the use of smart contracts, improving security and speed in transactions. 🎯
Ondo Finance (ONDO):
This project is very interesting, and that’s why we’re going to go a little deeper.
What is Ondo Finance?
Ondo Finance is a platform that makes it easy to convert real-world assets into digital tokens on the blockchain. This means that assets such as US Treasury bonds or shares of exchange-traded funds (ETFs) can be bought, sold and stored as tokens on a blockchain, cutting out middlemen and reducing costs. All of this provides greater accessibility and transparency for investors. Imagine being able to invest in Treasury bonds without having to go through a bank! 💸📱
Ondo’s main products 🚀
One of Ondo’s flagship products is the OUSG Fund, which offers exposure to US Treasury bonds through an ETF from BlackRock, one of the largest asset managers in the world. This fund allows large investors to access government asset returns in a simple, on-chain manner. However, as a warning: it’s not for everyone! The minimum investment is $100,000, making it accessible only to accredited investors and large financial institutions. 😬💰
The other key product is USDY, a token that allows investors to earn yields on stablecoins backed by Treasury bonds and short-term bank deposits. Unlike traditional stablecoins that do not earn interest, USDY is designed to provide yield in a much more accessible way. Additionally, Ondo charges only a small redemption fee of 0.2%, making it attractive to those looking for more of their assets in stablecoins. 💵💸
What has happened to the ONDO token? 📈
Ondo’s native token, ONDO, has seen a huge surge in 2024, especially after being listed on perpetual futures exchanges on platforms like Coinbase. In May 2024, it reached a record price of $1.15, with a market cap exceeding $1.6 billion. Much of this growth is due to Ondo’s popularity in the DeFi space and its focus on tokenizing real-world assets. In fact, ONDO is up an impressive 1,300% since its lowest point at the beginning of the year. Not bad, huh! 🔥💥
In addition, Ondo has attracted large investors, such as Pantera Capital, one of the most well-known investment funds in the crypto space, which has reinforced its credibility and pushed the project’s growth.
Future vision 👀
Ondo is positioning itself as a key player in the tokenized asset space. As more investors and institutions look to diversify their portfolios into crypto assets backed by real-world assets, demand for products like Ondo’s could grow even further. Upcoming events, such as participation in key blockchain conferences, prove that Ondo is at the center of the conversation when it comes to decentralized finance and real-world assets. Keep an eye on this, this is just the beginning! 📊🔮
Ondo is not only changing the rules of the game for big investors, but it is also democratizing access to high-yield financial products. So if you are interested in crypto and want to go one step further, Ondo Finance may be a project to keep on your radar.
Real Asset Tokenization
Asset tokenization is the practice of representing physical assets in the form of tokens on the blockchain. This includes things like real estate, art, and even company stocks. The main idea is that any real-world asset can be broken down into smaller tokens, allowing more people to access investments that were previously only available to big players.
RealT: This platform tokenizes real estate properties, allowing investors to purchase fractions of houses or buildings in the form of tokens. Each token represents a stake in a physical property, and as a token owner, you can receive rents and capital gains when the value of the property goes up. This democratizes the real estate market, making it accessible to everyone at just a fraction of the cost.
Mattereum: This project focuses on the tokenization of valuable physical assets, such as artwork, antiques, and jewelry. With Mattereum, physical assets are “digitized” on the blockchain and can be easily traded or sold as tokens. They also ensure that each asset is legally linked to its token, providing trust and transparency in every transaction. 🎨💎
Share Tokenization on the Blockchain: Companies like Securitize are tokenizing company shares, allowing companies to issue shares in the form of tokens. Not only does this make it easier to trade shares, but it also makes the issuance and management of dividends more transparent and automated.
What does all this mean?🤔
DePIN: It means that we will no longer be dependent on tech giants for storage or connectivity; anyone can contribute physical infrastructure and be rewarded for it.
AI in Crypto: Artificial intelligence is automating tasks that previously required a lot of human analysis. This makes everything from digital art to financial trading faster and more efficient.
Asset Tokenization: Can you imagine owning a fraction of a Picasso or a building in New York? Tokenization makes this possible, breaking down physical assets into tokens accessible to anyone.
These developments are not only making finance more accessible, but they are also creating new ways of digitally interacting with the physical world. Whether facilitating shared ownership of real estate or democratising access to advanced computing, these innovations are reshaping the global economy. The crypto future is full of possibilities! 🔮
TON (The Open Network)
TON (formerly known as Telegram Open Network) is a project with an interesting history. It was originally created by the Durov brothers, the founders of Telegram, the popular messaging app. Although the project faced some legal issues with the U.S. Securities and Exchange Commission (SEC), leading to its initial discontinuation, the crypto community took up the development of TON, and it is now one of the most ambitious and active projects in the blockchain ecosystem.
TON focuses on creating a scalable and efficient blockchain designed to support decentralized applications (dApps), messaging services, payments, and more. What sets TON apart from other projects is its integration with Telegram, allowing it to have a massive reach right from the start, as the app has over 700 million users.
Key Features of TON:
Sharding: TON uses a technology called sharding, which divides the blockchain into multiple subchains, allowing it to process millions of transactions per second. This solves the scalability problem that other networks like Ethereum or Bitcoin face.
TON Payments:
It allows for almost instant payments between users, and has the potential to become a key tool for microtransactions on the web. This is especially important when thinking about Telegram as a platform, where you could send and receive money without leaving the app.
TON DNS and TON Storage:
TON also has built-in services like TON DNS, which simplifies interaction with blockchain addresses, and TON Storage, a decentralized storage system similar to Filecoin. These components create a complete ecosystem for data storage and management. 🚀
TON is working on its native wallet and continues to develop new features that could make it a mainstream blockchain. For those who already use Telegram, TON has a huge advantage, as its integration into the app makes it easy for people to send crypto without needing to learn about complicated wallets or smart contracts. A big step towards mass adoption! 📱
WarrenBuffettoken (WAFFT)
This is a recent and, honestly, quite curious project that plays on the image of famous investor Warren Buffett, who, ironically, is a well-known critic of the crypto world. However, the WarrenBuffettoken (WAFFT) has captured the attention of the blockchain space for several reasons. Although its name seems like a joke, the token has gained a solid following, especially among younger retail investors.
WAFFT is a meme coin, meaning that its value largely depends on its popularity on social media and online communities. Meme coins, such as Dogecoin or Shiba Inu, have shown that even tokens without a clear technical utility can gain impressive value if they capture the imagination of enough people. Although it may seem absurd at first glance, the developers of WAFFT are trying something new: combining the traditional investment concept (associated with Warren Buffett) with the speculative crypto world.
What makes WAFFT different?
$WAFFT aims to educate society: when it comes to finances, it aims to make us all aware of what money is, what finances are, and how it can help us lead a better life. At $WAFFT we aim to create an educational community, seminars, courses, conventions… Everything for our community. We focus especially on young people, giving them the financial education they deserve, and that the «higher echelons» don’t want them to have.
Crypto games and lotteries: WAFFT’s developers have launched several games and lotteries in which users can spend their WAFFT tokens to participate and have the chance to win more tokens. These games have increased the token’s popularity and fostered the creation of an active and engaged community.
Satire and criticism: WAFFT also has a satirical side. By taking the name of one of the staunchest critics of Bitcoin and cryptocurrencies, the token functions as a sort of inside joke for crypto enthusiasts. Rather than being taken as a serious investment, WAFFT plays on the idea that in the crypto space anything is possible, even investing in a token named after someone who, in theory, would hate it. 🤯