This was one of the biggest articles to drop all year.
🤔 Stablecoins are declining, while demand for on-chain fiat continues to rise.
💡 A replacement is on the way.
👉 See: Deposit Tokens.
From @Cointelegraph:
https://t.co/7w0wwLEpvK
Our CEO @AllgoodFuturist was in action today at the @WOWsummitWorld in Dubai, moderating a panel on Digital Wallets & Payment Providers, and fielding interviews.
If you're in town for the event, drop a note.🗒️👇
Looking for an informative weekend read? 📖
@cryptonews_e breaks down deposit tokens, stablecoins, and the subtle nuances that make a world of difference.👇
https://t.co/ZdcewKSppm
Satoshi has to be shaking his head.😒
#Crypto & #web3 are antithetical to the very notion of bankruptcy court.
Let's get our principles straight:
1⃣Radical Transparency via on-chain architecture
2⃣Automation via smart contracts
3⃣Self-sovereignty via "your keys, your coins"
Celsius Network customers whose assets have been trapped on the failed crypto lender’s platform questioned the firm’s acting CEO in New York bankruptcy court https://t.co/wCjdwVyqGX
📢 Pleased to announce!
Fluent will be in attendance at @COP28_UAE in Dubai to sit in at talks, roundtables, and presentations, and to showcase our proprietary deposit token infrastructure.
Big things ahead.💪
Financial regulators, and central banks, and financial institutions are making their perspectives clear:
1⃣ On-chain environments are here to stay;
2⃣On-chain fiat is much-needed;
3⃣ #Stablecoins aren't getting the job done.
⏰ The era of deposit tokens is fast-approaching.
5/ And at last, that 1 big word!
✨Principle 4: Build systems that are censorship-resistant✨
🧐Words of wisdom:
"#Decentralization has no substitute. It is a daily discipline as each new #DeFi lego, each new layer of a #web3 ecosystem is set down."
1/🌌 At Fluent, we're building critical infrastructure so FIs, banks, & #DeFi protocols can interoperate seamlessly.
Make no mistake: #decentralization is our mission🚀
Unfortunately, the term's become a bit of a buzzword. Really, it boils down to 4 core principles.🧵👇
4/ Now, the key.🗝️
✨Principle 3: Disintermediation with #smartcontracts.✨
Processes of asset issuance, exchange, and other transactions must be conducted absent dependence on middlemen.
It's a lesson humanity has learned one too many times.
📰 Hot off the press!
Our CEO @AllgoodFuturist just penned a definitive Op-Ed in @Cointelegraph expounding exactly where and how #CBDCs stand to benefit society – and where they don't.
😉Hint: Think wholesale – not retail.
7/ Want more?😎
Get the full scoop on Deposit Tokens, and what Fluent's proprietary technology is doing for banks in the United Arab Emirates.
https://t.co/Z5d3uPXlOf
1/ So maybe you've heard a thing or two about Deposit Tokens, or maybe you haven't. 🤔🤔
🤝 Either way, now's your chance to get in-the-know and ahead of the pack.
🌟 Deposit tokens are the first true-and-tried #stablecoin killers. Read that back. Now, a thread🧵👇
6/ And those are just the #web3 and #crypto-native benefits.
💡Deposit Tokens are a catalyzing agent for digital asset adoption. Here's what they do for banks, governments, and FIs:
🪙 Fast & Cheap Cross-Border Transfers
🪙 Open Trade Corridors
🪙 Streamlined Humanitarian Aid
7/Think we're crazy? Good.👌
📖 As American novelist Chuck Palahniuk put it:
"Any behavior that is not the status quo is interpreted as insanity, when, in fact, it might actually be enlightenment. Insanity is sorta in the eye of the beholder.
https://t.co/Z5d3uPWNYH
1/ 🧑🏫The #web3 status quo in 2023: The stablecoin is the best & only way to offer users on-chain fiat.
🤔Walt Disney CEO Bob Iger famously said:
"The riskiest thing we can do is just maintain the status quo."
😂Per George Carlin: "The status quo sucks".
A thread on the SQ🧵👇
6/ 🤝Nice to meet you - we're Fluent Finance🌌.
👉 We're a team of industry experts and innovators developing the Deposit Token - a stable-valued asset that leaves stablecoin setbacks on the sideline.
👉 Check us out: https://t.co/Z5d3uPWNYH