Thread by @Crypto8Fi

MEGA Thread #OasisProtocol : The privacy-enabled blockchain platform for open finance and a responsible data economy.

Here's everything you need to know about $ROSE, tackling the challenges of the contemporary economy that poses economic and privacy concerns.

A thread 🧵👇

1. My recommendation to read first:

I've written about the fundamentals of $ROSE previously in a simple to understand thread below.

https://twitter.com/Crypto8Fi/status/1488621152293564421?s=20&t=569wmk176_zPFRNLMCZdig

2. In this thread, I want to focus on the upcoming events, ecosystem and potential value $ROSE offers to us as investors.

Firstly, with an ecosystem fund this accelerates growth by creating an economic flywheel incentive designed by @a16z that I will explain below.

3. With capital injections. The token value assuming fixed and no additional mining/inflation will increase.

This will be due to the ecosystem expanding.

Third party developers build useful applications providing utility to users which in turn increase capital inflows.

4. #Binance amongst other VC's have backed $ROSE to fund the projects building on the ecosystem.

They have $200 million available to further #Web3 innovation.

This includes ventures in: DeFi, NFTs, Metaverse, data tokenization, Data #DAOs, privacy apps and more.

5. Within projects, a key valuation for my investment includes whether they achieve milestones.

$ROSE has deployed #Emerald and #Yuzuswap, the latter of which hit a TVL of $100 million within the first day of launch.

There is massive demand.

6. A little more on #Yuzuswap DEX.

A decentralized exchange on the Oasis Emerald paratime that includes incentives like liquidity and trade mining.

This was massive for Oasis Protocol's #DeFi. And will be accelerated further.

@Yuzu_swap

7. How will Oasis's #DeFi be accelerated even further?

#Hackathon events.

Projects require this to onboard builders, devs and find flaws across a multitude of areas.

A $200,000 will certainly act as an incentive to bring more #DeFi into the protocol.

medium.com/oasis-protocol…

8. #GameFi is also set to explode on $ROSE.

Combining #NFT with DeFi whilst giving financial incentives is a market that is set to grow and expand.

Examples of such are:
#AxieInfinity
#Decentraland
#TheSandbox

But why #Oasis...

9. To keep pace with demand, GameFi requires versatile and scalable platforms so players can always enjoy a high-quality experience on a dynamic gaming network

Oasis assures gameplay without delays through its Emerald ParaTime.

As well as full support for devs, w low gas fees.

10. In the upcoming #BloomHackathon, where teams will be developing a GameFi dApp, we may see some big players in the space emerge.

Particularly considering narrative shifts towards #Metaverse and #gaming.

11. In summary, there are massive events upcoming for #OasisProtocol.

We could see some exciting GameFi dApps and DeFi protocols emerge from the rubble of the bear market.

I am excited and will be following all updates on $ROSE.

Follow me to make sure you don't miss out.

Some accounts to follow for Oasis Protocol insights:

@OasisLabs @OasisProtocol @lindalu1111
@alexpotterVC @travontheweb @Yuzu_Swap

RT would mean a lot!

12. Hope this was insightful, a retweet and like would mean a lot!

More $ROSE insights coming your way, follow to keep up.

Here are some of my past threads:

https://twitter.com/Crypto8Fi/status/1507323532337770502?s=20&t=cDd93kf85jTmHn9ELQ1N-g