1/15โ๏ธ๐ป Big announcement, big thread !๐งต๐ปโ๏ธ #MultiversX partners with @Tencentcloud
This is absolutely huge ! $EGLD about to hit the asian market ! Why ?
Answers below ๐
2/ #Tencent, what is it ?
Well, only the BIGGEST game publisher in the world, and owns at least of one game you've already played : #Fortniteย #Riotgames with #Leagueoflegends
But it's also involved in #universal Music, and other giants in every industries...
3/ The biggest of their babies ? @WeChatApp a must have in China, and its getting ready for the metaverse they want.
So, @beniaminmincu announced the partnership with their tech company @tencentcloud and with it released a full article on what they are going to achieve.
4/ The article is straightforward :
In one way, #MultiversX will provide expertise, code and blockchain to #Tencent for them to develop any project they want.
They provide the backbone of their future web 3.0 structures.
5/ On the other way, #Tencent cloud will offer an option to use their infrastructures to run #MultiversX.
Also, #Tencentcloud will participate in validating the network by running their own node.
6/ The peak of interest from @tencentcloud seems to be #xPortal, #xFabric and #xWorlds.
Reading @beniaminmincu we clearly see the emphasis on how #MultiversX will bring "a globally scalable, open, composable and interoperable ecosystem of Metaverse worlds".
7/ The VP of Tencent cloud states the company's goal in this partnership and their justification to choose #MultiversX : "to adopt critical technologies to drive deeper connections between the virtual and real worlds"
8/ So here we are, #MultiversX HAS BEEN SPOTTED.
Its tech is now proven to be attractive to one of the most expansionist actor in the world.
So I have to applaude its team, these guys are beasts and deserve to be cheered !
9/ Now what, what can we expect ?
For the price of $EGLD, expect a surge ๐. I do not think #Tencent will keep that circulating supply at this level for long, they'll want profits and huge stakes in the company. This bullmarket will make history.
$EGLD is criminally undervalued.
10/ A new chapter opens for #MultiversX, and with it, new challenges.
Political implications are to be expected now. It's not hard to see, in the current context, that states are currently playing cards with their tech companies.
11/ And #MultiversX has always been facilitated in Europe, compared to the US. Asia was really a tiny part of their validator impact, therefore a minor share of their market.
This is now bound to change, as #Tencent now has to make sure their investment doesn't fail.
12/ Tech giants from western countries have already started to make their moves on #crypto for the tech it provides, hoping to absorb it or to get a share of the cake somehow.
13/ This decision of tencent sends a big message their way : "look what we just did, we're going for the metaverse too, but we have #Tiktok and #wechat what's your move ?"
They now have a way into europe through crypto. This is litteraly USA's worst nightmare.
14/ These next months will be interesting to witness as USA are moving in the worst direction possible with Staking, with Sam Bankman's joke of a treatment, with SEC's witchhunt etc.
It seems like they forgot they weren't the onlyones interested and that innovation flees tyrany.
15/ So I wouldn't put #MultiversX at the center of a global conflict, but rather as a new move from one actor on the world's chess game.
The signals will be strong and I really believe the hard part has just started for the team.
The race has begun, now everyone is watching.
โข โข โข
Missing some Tweet in this thread? You can try to
force a refresh
It's the weekly close that'll tell us we can indeed talk about a market change of trend.
Beautiful candle, but I fear this is simply another fakeout before finishing the correction towards 20k5 minimum.
So YEA i'm bullish on $EGLD more than I am on $BTC, butkeep in mind, the macro and context is still bearish ! This pump isn't justified by any news and we have yet no idea where this pump before close is coming from.
1/ Seems to me that $ADA completely failed this test of core values.
Say what you will, but all big crypto have clear values that have already been tested, and few actually holds them.
$BTC keeps the POW, saying f*** off to the biggest lobbies in the world (energy and politics)
2/ Correct me if I'm wrong, $ADA wanted to revolutionize the world of L1s by offering a high speed, efficient and permissionless blockchain.
Seems to me the late discussions shows how their core members have different views on their own principles.
3/ As another example, imagine if #Monero started getting soft because the media published articles about untracked transactions... The whole basis for the crypto would collapse due to faith disappearing.