Thread by @sharavana_rao

@QredoNetwork is the most important tech to arrive for the decentralized crypto world, after $BTC, $ETH, & $LUNA.

Here are 50+ strong fundamental reasons why $QRDO will transform the crypto world as we know it.

Save this thread to revisit as I keep it updated. Here we go 🧵⬇️

1. Product developed over ~3 years
2. Team went to VCs with working product
3. Project is not just a whitepaper
4. Pioneered decentralized MPC (dMPC): qredo.com/blog/what-is-m…
5. Combined MPC with L2 blockchain
6. Tech is available on an open-source basis
7. ~8B AUM⬇️

/1

8. The only tokenized dMPC provider
9. No real competitors
10. dMPC prevents private key loss
11. dMPC puts an end to exchanges being hacked and people losing their life savings
12. 7 layers of defense: qredo.com/blog/key-fu-cr…
13. Safest digital asset custody globally

/2 ⬇️

14. Decentralized custody provider
15. Solved billion-dollar custody problem
16. Trillions of potential capital inflow into the network
17. 1% of FX market trading volume/day is ~60B
18. Size of capital markets is ~$130trillion
19. Compatible with other blockchains

/3 ⬇️

20. Built for a multi-chain world
21. Collaborative infrastructure strategy
22. Integrations with #LUNA #BSC #Solana & more coming soon
23. Raised ~USD50m as of Nov 2021: qredo.com/blog/qredo-faq
24. Oversubscribed funding round reveals strong product-market fit

/4 ⬇️

25. Team grew from ~20 to more than ~100 in 2021
26. Prominent investors like @coinbase, @NexoFinance, Figment, Ledger Prime, @borderless_cap (i.e. Algorand)
27. Strong partners/strategic investors like @CelsiusNetwork , @wintermute_t, @MMInstitutional, El Salvador

/5 ⬇️

28. Prominent dApps being built on $QRDO:

https://twitter.com/sharavana_rao/status/1480372294593642496?s=20

29. Building custodial infrastructure for whole market
30. Solves 'Blockchain Trilemma'
31. Scalable L2 blockchain
32. Building liquidity hub with zero slippage

/6 ⬇️

33. Atomic swaps disrupting exchanges with low fees
34. Trade in DeX/CeX without pre-funding
35. Building bridges with exchanges to avoid L1 transfer fees
36. Low time to market value and adoption
37. Enabling DeFi participation from self-custody wallets

38. Built custody for NFTs
39. Building yield from stables in Qredo wallet:

https://twitter.com/JoshGoodbody/status/1482735376682733570?s=20

40. Enabling trade credit for institutions
41. Building privacy-centered trading pools
42. Removed biggest barrier of secure custody for institutional investments

/8 ⬇️

43. User-centric profit yielding custody model
44. Auto-staking custody wallet
45. Tokens vested over 50 years
46. Deflationary validator token buybacks
47. Vision for decentralized validator nodes
48. Future DAO formation to vote on project evolution

/9 ⬇️

49. Immense potential for transformation of the fundamental behaviors of retail and institutions
50. Experienced team with relevant backgrounds
51. Strong and vibrant community at a 160m++ market cap

/10 ⬇️

To recap, a great project needs to have the following:

✅Strong use-case solving a crucial problem
✅Competent team working to make the vision a reality
✅Strong investments supporting large-scale adoption
✅Relevant & impactful partnerships
✅Strong & vibrant community

/11 ⬇️

If there's a project that fits all those criteria, I like to invest in them. @QredoNetwork definitely fits that criteria.

*Always do your own research as this is not financial advice*.

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#QredoArmy