CK

Full Time #BTC Stacker | Not Financial Advice | 2017 Bull Szn Victim | Crypto Trader | Private Investor

[CK @iSmeshCrypto]

How to get rich in crypto (realistic version)

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[CK @iSmeshCrypto]

After being in this space for nearly a decade, this space feels different for the first time. Familiar faces drowned out by the new, I presume burnt out like me. It’s been a tough year for holders since 10/10, primarily the reason for my absence on CT.

I’ve experienced many cycles, bear markets included and the common recurrences and themes of impending doom and crypto’s supposed inevitable death, and yet this space not always survives but thrives in multiples every single time.

I think this time won’t be different either and the reason I am writing this is to remind all the OGs from 2016-18 and 2019-21 who have seen it all, that there will always be opportunities in this space. We may have to adapt some more but we will surely make it all back in due time. We might have to wait a few months or even a year, but our comebacks are inevitable.

[CK @iSmeshCrypto]

@EricCryptoman @CryptoDjip @Uniswap We will never get times like that ever again I am afraid

[CK @iSmeshCrypto]

@BlocksNThoughts Very sound information 💯

[CK @iSmeshCrypto]

@VitalikButerin Make eth great again instead of these garbage tweets

[CK @iSmeshCrypto]

@GambinoXBT We’ll be okay

[Ethereum @ethereum]

The Fusaka upgrade is today.

Ethereum is securely scaling.

[CK @iSmeshCrypto]

@CryptoDani10 I think it’s bullish if anything. The team has no tokens and any legitimate company needs money to operate and they’ll definitely propose valuation targets in order for funds to be unlocked.

[CK @iSmeshCrypto]

The $AVICI chart looks like a sticky toffee pudding and the proof is all there.

- $0 transactions fees on unlimited transactions.
- 0% markups on all forex transactions, so you will not be charged any extra on top of typical conversion rates.
- 0 declined transaction fees.
- 0 associated withdrawal to wallet fees.
- 0 low auth fees.

Accelerate to a $1B valuation has commenced.

[CK @iSmeshCrypto]

@CryptoKaduna @AviciMoney

[CK @iSmeshCrypto]

Mass adoption by banking institutions have led to increased regulations, more kyc protocols and harsher penalties for on-ramp and off-ramp. Neobanks and @AviciMoney $AVICI are breaking into the banking industry with a crypto focus.

What are Neobanks?

Neobanks are financial institutions that operate solely online via a mobile app/website. Neobanks have been increasingly popular over the last couple of years, with many switching over due to cheaper fees, streamlined user experience and convenience. The problem with many of them is that they have a limited set of services and none help with the buying and selling of crypto.

Neobanks only target the first set of problems, stripping wealth from the banking institutions that dominate society. They’ve revolutionized banking into a modern user-friendly experience, but many are partnering with these larger institutions, defeating the purpose of its creation.

What is Avici Money?

Avici Money takes the best of neobanks and decentralization and has formulated an internet-native neobank built on crypto. Envisioned by Bitcoin’s promise of eliminating the necessity of centralized banks, they are building infrastructure offering a variety of services all the while being simple and easy-to-use. They are bringing forth the combination of defi and banking by integrating wallets, banking accounts and credit cards into an all-in-one DAO.

They are taking on the challenge of real-world integration, as it is currently not possible of operating completely on-chain. There is a necessity for banks and institutions, because society lacks the infrastructure. Utilizing a strategy of mass stablecoin adoption, $AVICI will allow anyone to save, spend, earn or borrow with the peace of mind of privacy and self-custody.

They currently have three services, credit cards, smart wallet and virtual banks.

Credit Cards

The credit cards are Visa-certified and allow individuals to spend crypto with no intermediary. To do this, users deposit USDC into a newly-created Loan Escrow Smart Contract. The USDC creates a USD value credit on the credit card. As the user spends, the credit is deducted and the USDC is liquidated as settlement of re-payment. No worries of overages or having to pay bills. It’s a pre-paid service available at one’s fingertips. And similar to any credit card there are three tiers: Platinum, Signature and Infinite, all offering a variety of benefits such as cashback, travel rewards and more.

Smart Wallets

Avici Wallet uses an innovative approach securing user funds by smart contracts rather than a traditional private key. This allows for enhanced security such as multi-factor authentication and social recovery to avoid misplaced keys. It simplifies the complexity of a defi wallet allowing for an easier onboarding experience with enhanced security.

Virtual Banks

$AVICI offers an online checking account available in USD or EUR, similar to a traditional bank account and other neobanks. Users can receive fiat, which is automatically converted to USDC and held in their smart wallet. This allows users to buy or send crypto instantly, as Avici does all the work for them.

Why Avici?

Avici has an idealistic plan of gaining distribution and increasing stablecoin adoption. The “Masterplan” is a strategy of building a neobank that is infinitely better than any one to exist. Offering services such as improved credit lines, mortgages and loans, removing reliance from these ancient institutions and putting power into the hands of the people. With the goal of reducing dependence on these institutions and their interest rates.

Their team is tirelessly building and lead by @RamXBT, they continue to execute. I have seen community members offer their input and ideas and they have been able to implement many of those very recommendations.

Crypto is viewed by most as a tradable and investable asset. What started as a way of revolutionizing the traditional currency systems has led to claims of commodities and securities deviating from the initial goal. $AVICI re-invigorates this goal by offering a credible banking alternative. Pushing adoption isn’t the singular goal, but it’s the ultimate goal. They are globally accepted in over 40+ countries. They empower users to have full control of their wallet and funds fiat or crypto. They cover the cost of gas fees on transactions. They offer cashback and rewards with their Visa cards. They are the all-in-one crypto banking solution for you and I alike. They represent this industry and I can’t wait to see this project be a household name in our everyday lives.

[CK @iSmeshCrypto]

@cryptoskullx Appreciate the kind words king 👑

[CK @iSmeshCrypto]

Lost a lot today but I’m thankful to be alive. There is always time and countless opportunities to make it back 🤝🏻

[CK @iSmeshCrypto]

@cryptoaeon @AviciMoney Be your own 🏦

[CK @iSmeshCrypto]

@BlocksNThoughts Who knew we needed market regulation after all

[CK @iSmeshCrypto]

@bharat_usd @Parr188P 🤣🤣🤣

[CK @iSmeshCrypto]

These last few months have got to be some of the most gruelling I’ve ever experienced in the crypto markets. Boredom mixed with unlimited drawdowns + extreme ADHD musical chairs with shitty meta rotations every two days.

Hoping for some better days ahead 🤞🏼

[CK @iSmeshCrypto]

Grabbed a bag of $QACE @Qace_Dynamics recently as I need more on-chain robotics exposure. It is essentially an AI platform built specializing in offline, privacy-first and modular robot intelligence.

The highly unique edge autonomy allows for the running of AI modules locally on robots without need for cloud connections. The applications are limitless - from factories in remote areas to hospitals with spotty connections - $QACE is working to power them all.

The plug-and-play AI integrated blocks and modular system reduces the time needed to move from concept to fully functional robot allowing industries in need to establish speedy turnaround times.

Heading into the late bull-run cycle, there will be heavy capital flowing into solid real-world utility based projects with solid teams that are actually building. $QACE will be one of the front-runners with some of their revolutionary unique tech:

- Modular Architecture
- Robitics-Native Integration
- On-Device Execution.

A more in depth write up coming soon ✍️