Thread by @PaulsCryptoCall

1/ So what is all the hype of @MoonriverNW about & how can we benefit from it?

If you want to invest in it, know what you are investing in first.

The thread below aims to explain $MOVR in a non-"techy" simplified way.

2/ First off, regardless of the potential profit to be made, the value that $MOVR brings is nothing short of incredible. Crypto heads who have been in the space for few years & have been following the tech will appreciate the innovations at play here

3/ Anyone who has sent an ETH transaction knows the pain associated with it. Sloths can move faster than ETH's TPS, not to mention the high gas that Mr. Sloth demands 🦥

Check out the money you wasted on gas in this painful exercise: fees.wtf

4/ Who Can Benefit from Moonriver

➤ Users - fast and ultra-cheap transactions, increased liquidity, on-chain governance, security

➤ Projects - faster and more efficient services for their users, which will add value to the project & simplified chain migration abilities.

5/ Why is $MOVR built on #Kusama?

$KSM is a solid, robust, secure, blockchain infrastructure

Its parachain architecture, offers cross-chain interoperability, high security from the Relay Chain, automatic on-chain implementation of on-chain governance decisions

6/ So, What does Moonriver do?

In simple terms, $MOVR provides an advanced feature-rich infrastructure that allows new projects to build on / and enables existing ETH projects to migrate onto 🔥

Moonriver's infrastructure has many advantages compared to existing blockchains.

7/ Advantages of building on Moonriver?

Moonriver is built on Parity's Substrate & has secured a parachain slot which has MAJOR benefits.

✅ Cross-chain Interoperability - Just like humans benefit from interacting with each other, chains can also benefit 🔽

8/ With the help of Kusama and Moonrivers EVM, $MOVR enables chains to "talk" to one other, allowing them to share Information, Transfer Assets & also Increase Liquidity

Sharing of all the above is highly beneficial on a financial aspect but also helps with network effects

9/ $MOVR - Solving ETH's Network Congestion

Projects want to use Ethereum for their smart contract features & the large ecosystem for liquidity, but, as a trade-off, they inherit high gas & slow transaction speeds 😤

More 🔽

10/ ✅ Efficient Network Speeds / Costs

$MOVR platform allows ETH projects to operate at a much faster transactional speed & for only a couple of cents per transaction - while maintaining complete functionality

IMO, it does not make sense for ETH projects not to avail of this

11/ Moonriver's - EVM (Ethereum Virtual Machine)

Created by Moonriver & Parity, the EVM is the magic that allows new & existing ETH projects to operate/run on $MOVR's blockchain.

Interested in EVM? - please this article by the man himself, Gavin Wood

medium.com/polkadot-netwo…

12/ What's more exciting is this EVM can be installed as a "pallet" onto any Substrate based chain in the $DOT / $KSM ecosystems

So imagine $MOVR with 99 other different blockchains, ETH compatible, all communicating with one another under $KSM's roof!

Wait, what??? yep

13/ What makes $MOVR attractive to Developers

➤ MOVR allows developers to keep the same tools, programming languages & accounts they already use when deploying Solidity contracts

➤ When migrating from $ETH to $MOVR, there is no need to re-write or configure any contracts.

14/ (cont.) $MOVR attractive to Developers

➤ Projects can be tested in a safe environment that is 100% compatible with the Ethereum developer toolchain!

➤ $MOVR accepts all familiar languages such as Solidity, essentially anything that compiles to Solidity bytecode

15/ Unified Accounts

From holding one "address" - the user gets the best of both worlds from the Kusama & Ethereum Ecosystems, with on-chain governance, staking, and cross-chain interoperability features

16/ $MOVR Tokenomics

Very attractive tokenomics and vesting schedule
No Private Sales, Seed Rounds or Venture C
30% tokens are allocated to the parachain slot (community-owned)
40% of supply held for future Initiatives and Parachain Slot’s

17/ Token Utility

➤ Transaction fees
➤ On-chain governance
➤ Proof of Stake – chain security
➤ Supporting the gas metering of smart contract execution

18/ Envirnomental aspect - As Ethereum currently has a PoW consensus mechanism, this requiress a lot of computational power

When ETH based projects migrate to $MOVR this will save a lot of energy that miners burn through ETH PoW 🌿

19/ @MoonriverNW Final Thoughts

Moonriver is the ultimate hybrid blockchain.

Combining the robust architecture, high security, and true decentralization of Kusama WITH Ethereum’s smart contract capabilities and large ecosystem - Moonriver is a feature-rich, multi-chain beast

20/ Projects like Moonriver do not come around often. Given the value, I believe that it has the potential to be a top 20 coin - IMO

I will not comment on whether on not you should buy but check out this thread if you are concerned about the price

bit.ly/2VVI5BK

21/ $MOVR Rating

From review & evaluation of Moonriver, with respect to the information that was available to me - Rating 90%

Note - I am not here to convince people, justify, or argue. I am simply sharing my findings

DYOR

Summarized results below

Why did #ETH blow up from day 1? Because it provided a service that had unique value

Then $MOVR takes that exact service, makes it more efficient, adds additional features & combines it with a whole other ecosystem

$MOVR MC is 0.15% of $ETH's MC

I know where my dough is going