PLANETOPIA NFT

XRPL Powered NFT Metaverse Collection.

[PLANETOPIA NFT @PlanetopiaNFT]

GUYS!!! The Planetopia Whitepaper has been released! It is currently available on our discord (https://t.co/ORSf0EViLR). Go over and read it and let us know what you think! RTs appreciated!!

#Planetopia #NFT #Metaverse

[Cryptoinsightuk @Cryptoinsightuk]

Why is no one talking about this?

A technical Deep dive into a potential move for the $DXY.

Grab a ☕️ and enjoy this 🧵

Let's get into it! 👇👇

[Cryptoinsightuk @Cryptoinsightuk]

Here is a sneak peak at the Alpha.

Dollar liquidity (imo) is highly correlated to crypto cycles.

I go into much more detail than this on my weekly newsletter: https://t.co/QBjf43BNip

[Cryptoinsightuk @Cryptoinsightuk]

So, @RaoulGMI's reply to one of my tweets this week hurt me a little, it means 1 of 2 things;

1 - Raoul doesn't pay attention to my content (I guess it makes sense he's a busy guy).
Or
2 - I don't display my knowledge depth on Twitter.

Below is a🧵summarising my last 14 weeks.

[Web3 Gaming Community @Web3andgaming]

🚨 OP Class Alert 🚨

There’s a reason why this gun is banned in the Pro circuit! It shreds! Easiest way to get a Nuke! #ModernWarfareII #codclass #MW2

[PLANETOPIA NFT @PlanetopiaNFT]

Watch out for this!

[Cryptoinsightuk @Cryptoinsightuk]

I may or may be launching an NFT project tomorrow.

We may or may not be building the most immersive gaming community on the #XRPL

RT and Follow;

@web3andgaming

For your chance to win some exclusive goodies.

#xrp #XRPCommunity #xrpnfts

[Cryptoinsightuk @Cryptoinsightuk]

I may or may be launching an NFT project tomorrow.

We may or may not be building the most immersive gaming community on the #XRPL

RT and Follow;

@web3andgaming

For your chance to win some exclusive goodies.

#xrp #XRPCommunity #xrpnfts

[Cryptoinsightuk @Cryptoinsightuk]

@digitalassetbuy @DigPerspectives @RizXRP @Kevin_Cage_ @MasonVersluis @ZachRector7 @THEREALESMITTY @thebearablebull @BCBacker @RizXRP @boy_xrp @RaoulGMI @cryptologicjohn

[Cryptoinsightuk @Cryptoinsightuk]

One final thought is timing. When?

Well, as quoted above, India is testing their Digital Currency as we speak and are looking to potentially roll out by the end of this financial year.

This looks similar to Bhutan, who have suggested roll out will happen by 2023;

[Cryptoinsightuk @Cryptoinsightuk]

This becomes even more interesting when we realise Bhutan exports are about 90% to India and their imports are around 70%.

So, the question is then, how will a digital Ngultrum effect the India Bhutan payment flow?

[Cryptoinsightuk @Cryptoinsightuk]

So why is Bhutan interesting? Well James Wallis explained on the Digital Euro Podcast that they were looking to leverage the Ngultrum CBDC to help "Wholesale, Retail and Cross Boarder" aspects of their economy.
https://t.co/iAvokhdsbU

[Cryptoinsightuk @Cryptoinsightuk]

My last and most interesting part of this speculation is the open announcement of Ripple's partnership with the country of Bhutan.

Bhutan's currency the 'Ngultrum' is actually tied 1-1 to the Rupee (National currency of India, is also accepted in Bhutan).
https://t.co/fyEfDRXPwj

[Cryptoinsightuk @Cryptoinsightuk]

Ripple also wrote a document suggesting safe and innovative ways to regulate Crypto in India.

And let's not forget, Ripple have their own CBDC whitepaper and help countries run trials on a private CBDC ledger within the XRPL - https://t.co/vkN3TbK3tw

[Cryptoinsightuk @Cryptoinsightuk]

They are now looking for Staff Partner Engineer's, Compliance/ Risk Managers and Central Bank Partner solution Directors.

They had some very interesting positions open at Ripple in India back in early June (must now have been filled - Excuse the quality).

[Cryptoinsightuk @Cryptoinsightuk]

Now we have addressed Ripple's goals with domestic banks, I think it's time we move on to speculate about their Central Bank and a CBDC coming out of India (this financial year).

Why / How may Ripple and the #XRPL be involved?

This is where we get speculative, but bare with me.

[Cryptoinsightuk @Cryptoinsightuk]

Next we have Kotak Mahindra Bank:

A leading bank in India with over 1300 branches.

Kotak will use xCurrent to power instant remittance payments (xCurrent at the time doens't leverage #XRP but this is from 2018).

https://t.co/UETaCrGsXC

[Cryptoinsightuk @Cryptoinsightuk]

Next up we have Axis bank.

Axis Bank is the third largest private sector bank in India. Axis Bank covers Large and Mid-Corporates, SME, Agriculture and Retail Businesses.
With its 3,485 domestic branches and 14,332 ATMs across the country:

[Cryptoinsightuk @Cryptoinsightuk]

So this leads to the question, what did they achieve?

Well, they seem to have signed a deal with the Federal Bank of India for a 'new cross boarder payment system'

Reserve Bank of India has 671 branches and 681 ATMs:

[Cryptoinsightuk @Cryptoinsightuk]

Their next thoughts, again from Asheesh Birla. Go after the top 3 commercial banks in India and you get 80% market share (xRapid is now ODL).

They then looked at mobile banking and exclaimed in 2018 that in their pipeline they "probably have 50% of the Indian market"

[Cryptoinsightuk @Cryptoinsightuk]

So let's start with something a lot of you may not know..

One of Ripple original ideas regarding the distribution of #XRP was to give it away to every person in India.

They didn't follow through with this idea, but it shows the importance of this market to the team at Ripple:

[Cryptoinsightuk @Cryptoinsightuk]

Why I think India's pending CBDC will be built with Ripple on the $XRP Ledger.

Yes, this is speculation.

Go and get a coffee ☕️ and strap in.

Here is everything we know 🧵👇