🤔 @TheOCcryptobro, I really want to understand why you were so upset. Everyone in the crypto space was heartened when Larry Fink, @Blackrock Founder, said the future of financial markets was tokenization not long after the FTX fiasco.
We all wondered if the public networks we saw potential in would be part of that future. The entire @Hedera community was excited to learn that the only regulated tokenized securities exchange in the UK, @ArchaxEx, working with @OwneraIO, not only created that infrastructure to legally tokenize securities on Hedera but a Blackrock fund was one of the first to be listed.
Building this platform, integrating the tokenization technology, and fostering relationships with @abrdn_plc and Blackrock took years of effort from dozens of people. There were no official accounts, press releases or blog posts that put out incorrect information.
This was a significant achievement in the crypto space. Some individuals got a bit over zealous on social media, but there was no intent to deceive, and there was always the tagged Blackrock approved press releases to refer to.
I don’t want to single you out, but you were the first to say the story was misleading that I saw, and you were the source cited by some of the crypto media. The crux of your rebuttal was that Blackrock had “no involvement”. This was not the case. They were consulted throughout the process and gave approvals including for the official press release.
With the negative attention, all involved frantically tried to clarify what was announced, even though it was clearly stated in the press release.
What I would like to know is if the shoe was on the other foot and @Cardano had a similar development, would you have said the announcement was misleading? If a Hedera influencer had said it was misleading when the information was so clear, would you have defended it? These are rhetorical, I’ve been around crypto communities long enough to know the answers.
I will say you might want to get used to Hedera gaining adoption and impressive use cases hitting the market. It’s been happening for some time, and will likely ramp up. You may not like how they are presented, but just like with this latest announcement, there are real, value add use cases beyond speculation being developed on Hedera. They shouldn’t be ignored by the crypto industry.