$TAO Thread Part 3

Another thread to help newcomers understand the project

Here is everything that's been happening over the past few months to help give a full picture

If these are useful, then let me know 👍 Here is a link to $TAO Thread Part 1..

https://twitter.com/DreadBong0/status/1610031289330958338

How to Stake $TAO ✅

Tutorial 👉

A quick video showing you how to delegate your $TAO on the Bittensor Network & begin staking

This has been a question I've received A LOT.. so here you go 👍 Step 1:

— Go to polkadot.js.org/apps/?rpc=wss:…

$TAO

🧵 $TAO Thread Part 2

Another thread of my thoughts over the past month for newcomers delving into $TAO & wanting to learn more

@bittensor_ is a complex project to understand on the surface..

Hopefully these threads help break them down so they are easier to understand 👍 I made a first part to this thread that I encourage you to check out

It will give you a greater insight into $TAO and what they are striving to build

$TAO Thread Part 1 👉

https://twitter.com/DreadBong0/status/1610031289330958338?s=20&t=cWHJ6aeu0SpgdEvUnVNwoA

🧵

I first shared publicly..

$AZERO at 10c.. it went to $3.10
$QNT at $1.. it went to $420
$ZCX at 3c.. it went to $7.30
$UOS at 5c.. it went to $2.60
$ALBT at 6c.. it went to $1.33
$TAO under $10.. its at $70

I try to share this stuff as early as possible..

1/ It doesn't always work out & some projects don't fulfill their potential

Also.. bear markets happen

Def got some projects dead wrong & been burnt a few times

Being early is a risky game within itself.. you're largely taking a punt on an idea

But thats the name of the game

2/

🧵 $TAO Thread

Hopefully it gives newcomers to the project an idea of what @bittensor_ is and what they are trying to achieve

I will continue to add to it as time passes.. Its a re-hash of my thoughts over the past 6 months

$TAO = The creation of the Neural Internet 🌐 Imagine Machine Learning problems were not solved by huge centralised supercomputers owned by a few mega-corporations..

Instead.. Leveraging every available computer around the world in a truly decentralised manner to train ML/AI models & allow them to connect & interact

$TAO

🧵 Thread

People like to bring up my bad decisions/investments as proof I am not very good at this or an idiot

Maybe they lost money on a project I spoke about.. maybe they just don't like me

And there is no denying I've made a lot of mistakes on this journey

1/ I am the first to admit that I am not an expert when it comes to investing..

In fact, I am a straight up rookie

I have spent 5 years in this game..
- 2 of them clueless
- 2 of them getting lucky and guessing
- 1 of them competent and improved

2/

🧵 Thread

I made a plan during the last bull cycle to do everything possible to survive the next bear market

In 2020.. I had left my job and went full-time crypto

But the market was great and everything was seeing green.. times were good and life was easy

1/ But I knew this was simply a phase..

I'd been through the 2018 bear market and knew how difficult it was

I made every wrong decision in the book and paid the price for it

Bear markets are no joke and it you don't know what you're are doing, you will be quickly humbled

2/

🧵

The reason I don't want people blindly following me into investments.. is because

1. This isn't my job.. its essentially a hobby
2. I've been wrong on a lot of projects/trades

I will certainly make more mistakes.. if I fuck up, it should only affect me, not you

1/ I've been sharing less and less online

Avoiding price targets or time lines

I spend more time on research now than producing content.. A mistake I was making

I got caught up in the "muh, more followers" bullshit

It doesn't matter.. none of it does

2/

🧵 Thread

Cards on the table time..

We all have thoughts of where things are going and how they will play out.. I am no different

Going to lay out what I have done this year and how I believe the rest of the year and beyond will look like

Enjoy 🍻

1/ I did not catch the top of the market unlike everyone else on CT

Foolishly.. I believed there was a second leg to the bull run, with the end resulting in a $BTC blow off top

When it was clear this wrong.. I created a new plan to survive the upcoming bear market

2/

🧵 MEGATHREAD

I want to explore the biggest divergence playing out right now before our eyes

Price vs Adoption

Yes, the market is in turmoil.. but when you look at the underlying technologies being adopted, it is a completely different story

Grab a coffee & let's go...

1/ December is when this market retrace started, so let's use that as a starting point

We'll take a look at what's been publicly announced & who's jumping into the #crypto pool

Some of the largest companies & institutions are betting big on these technologies being the future

2/

🧵

Let's talk about market cycles & why its important to understand them

How it can affect your decision making & maybe help control those emotions in this super volatile space

✅ Phases
✅ Sentiment
✅ FUD
✅ Bull Cycle
✅ Bear Cycle

So.. lets discuss

$BTC $ETH #crypto

1/ Things are rosy right now..

Charts look great, every project is making gains and there is a lot of money to be made

But to those who play close attention, this is just how cycles work..

It pays to understand where you are and what comes next so you can plan..

2/

🧵

For anyone who is disappointed on recent price action..

I implore you to zoom out

Yes every meme coin under the sun is pumping.. but these fundamentally strong projects are forming beautiful charts on longer timeframes..

For example..

1/ $ZCX

"OMG it dumped from $7 to $4.50!"

No, it corrected after a monster move from under $1 to nearly $8 🔥

Nothing goes "Up-only" unless its got a dog in its logo 🐶

Structurally, $ZCX is holding its move & supporting well at these levels

Remember.. Supply shock ⚡️

2/

🧵

Wanted to create a thread to talk about some stuff that's been on my mind recently..

Maybe it's things some of you have noticed, maybe not..

If you don't want to hear personal thoughts & just want that #crypto pill.. Then move on & don't read

Not for you, my guy 👍

1/ We are all here for the opportunity to change our lives.. Whether that's investing over a long period of time to better our personal circumstances..

Or trading to try and maximize opportunities to compound those gains..

The simple fact is.. we are all here for money

2/

Unizen set to launch #DMAS on Oct 18, 2021 🔥

unizen-io.medium.com/dmas-will-laun…

The roll out of the $ZCX staking platform begins in 5 days.. But what can we expect?

We will cover..

✅ Phased launch
✅ Public testing
✅ Reward pool size
✅ ZCX Holder Token

So let's go.. Finally, the Unizen community will be able to stake their$ZCX and begin receiving rewards on #DMAS Mainnet

A huge milestone for the project and one that ushers in a new era of utility for the $ZCX token

The team are set to roll out the release of #DMAS in a phased fashion..

1/ Decided to create a thread around $ZCX tokenomics to help newcomers understand how they'll work

We'll talk about

✅ $ZCX deflationary model
✅ Burnt & vaulted tokens
✅ Insurance Fund
✅ Dynamic Multi Asset Staking
✅ Dynamic Yield Saving Accounts
✅ ZenX Labs
✅ DSR & more 2/ The goal for the @unizen_io team is to present a deflationary tokenomics model

For example.. Tokens will be burnt with every paid listing..

Also.. we will see $ZCX market bought & burnt by the team with a percentage of profit at intervals throughout the year

1/ I've decided to create an extensive thread about @unizen_io to help newcomers understand a bit more about the project..

▫️ What is Unizen?
▫️ What does the $ZCX token do?
▫️ Why is the #crypto space so excited about $ZCX?

Well.. lets take a look 👇 2/ $ZCX is a Smart Exchange Ecosystem that enables deep hybrid #liquidity through a modular ecosystem that features both centralized & decentralized exchange components..

This is very powerful!

As we proceed through the thread, you will see why this makes @unizen_io unique

1/ The Bank of England are in the process of overhauling their current Real Time Gross Settlement (RTGS) system ✅

They are preparing for the Best & Final Offer stage ahead of appointing a Technology Delivery Partner in Summer 2020..

Who could the "TDP" be? 🧐

#BOE #RTGS #DLT 2/ In 2017, the UK Central Banks External Advisory Board said they were exploring the lessons learned from a number of other real-time RTGS implementations..

A highlight was the Scandinavian model for instant payments 🇸🇪🇳🇴

Specifically, a third party approach..

#BOE #RTGS #DLT