Author: Pepe
Source: Hot Wheels Community
Hi everyone, I’m Pepe, we’re about to say goodbye to 2020. The market value of the crypto market is still charging upwards. However, affected by the Ripple incident, including the news that the increasing exchanges are delisting one after another, some alt markets are still covered. The shadow.
In particular, yesterday an overseas person close to the news level mentioned in a tweet that the SEC is also investigating many large companies and projects in addition to Ripple. This time has also caused various speculations in the domestic and overseas communities.
In this issue, we will also organize risky projects from the perspective of professional wine and cuisine. I know that it may be more time to make year-end summaries or new year forecasts, but I feel that compliance will also be for alt in 2021. A key issue, you can take time to think about it. If there is really a big goal for the SEC, it will be a thunder, but it may also be a big opportunity for many friends.
Note: The following content only represents the discussion from the perspective of professional wine and cuisine, and does not have sufficient legal basis.
From Ripple’s affairs and the history of the projects that have fought with the SEC, there are several characteristics to become a “prey target”:
1. Large financing is not registered, especially in the jurisdiction of the United States
2. The main body of the company (especially in the United States) is behind the company, and the company has more control over token chips
3. There is no actual function, mainly relying on speculative expectations for buyers (Note: The function here is not to say what functions the token has written in the white paper, and xrp is not at all useful, it depends on the actual situation)
4. The relative probability of market value/financing/affecting range is larger, but I think it is only relative. Historically, trivial matters were also taken care of. Many years ago, there was an ICOrating (rating agency). The SEC found that it was directly or The project recommendation fee was indirectly charged, about 100,000 U.S. dollars. As a result, in order to withdraw the accusation, the agency paid 260,000 in before reconciliation, so don’t take it for granted that the small market value is safe.
At present, everyone will be worried. In fact, it has been reported in the market. As long as you look at the poor performance in the past week, it is probably the same:
Everyone is worried, right? Let’s pick some typical categories to comment on:
1. Link
I don’t know why many people’s first reaction this time is link. Do you think it’s not worth the price? Haha, let’s take a look at the characteristics listed above.
Chainlink has raised 32 million US dollars in Esio in 2017. It is not known whether this is reasonable.
The main company behind it is called SmartContract, and it is located in San Francisco. There is a risk of losing it.
Employee photo
In terms of chips, there is a certain risk of centralized control. The current circulation is less than 40% of the total. Most of the increments need to be released by the team to the node and ecological incentives. Participating nodes need to be reviewed by the link team and given to the nodes. The revenue part has far exceeded the normal data feed cost, it is difficult to say whether there are some opaque transactions here.
However, relevant overseas communities are also frantically defending the word of mouth of link recently. The basis they took is based on the rating of an overseas rating agency cryptoratingcouncil on the property size of cryptocurrency securities. The rating of chainlink is 2 points, which is the same as Ethereum. The xrp in the rating is 4 points (the total score is 5 points, the higher the security attribute, the stronger)
There is also link listed on the Gemini Gemini Exchange. This exchange was founded by the Winklevoss brothers, well-known Bitcoin bosses overseas. It is said that due to the background of a listed company, the review of the subject of online trading will be relatively strict. XRP and xlm have not been launched for five years.
But his family has a link, which seems to be reflected from the side. Link does not have a security attribute.
There are currently 26 cryptocurrencies in the Gemini family:
btc/eth/ltc/link/bch/filecoin/ren/yfi/zcash/snx/compound/crv/aave/uni/dai/orchid/amp/bat/paxgold/maker/uma/balancer/knc/0x/decentraland/ storj
Look at his family’s almost all defi coins this year. Let me put it here as a reference. I don’t think that everything can be judged by the listing of the exchange. Look at coinbase, and Ripple is really only because of its securities attributes.
2. Ada
Ada is also considered to be a magical amber. It seems that he has not been disturbed by this wave at all. Although he is ranked eighth, not many people seem to mention it. So far, no one knows what they are doing inside, and there is no wave of defi. What a sense of existence, and despite this, it literally rose ten points this week.
IOHK, the company behind ada, is registered in Hong Kong according to LinkedIn data, has offices in Japan, the United States and other places, and may have 100-200 employees.
There is not much data on the bargaining chip at the moment. At present, one of the main states of the network is to participate in mortgage voting, but it seems that a series of addresses with the top positions are voted for IOHK’s own nodes, and there may be suspected centralized control:
In addition, I can’t figure it out. If I look at the block explorer, I can often see this kind of transfer worth hundreds of thousands of dollars. I don’t know what is going on inside:
3. Polkadot
Polkadot has been a bit hot recently. Thanks to Binance’s support, if it is said that Polkadot’s advantage over the previous public chain is also in resources, there is a pile of capital behind it, especially the domestic failure to keep up with the ether. Hot money for that wave of people.
The picture below is the latest update of the ecology in December, and everything will wait for the main functions of the parachain to be online next year:
The only problem that Polkadot may justify is the three previous rounds of financing, totaling 250 million US dollars. The amount is not low and the time-consuming is long. The first round will be traced back to 2017. I don’t know when it will be Come out and say something.
But the good thing is that his home is not considered a local project in the United States. One entity behind it is the web3 foundation, registered in Switzerland, and the other Parity Technologies development team is also located in Europe, which is a bit of a mountainous emperor.
To make up a little gossip, when I checked the information, I accidentally turned to the address of the coin that was exposed by the media during the financing in July this year:
1EVhXW5aSMCtiTvzY31nfoN2qiTyLmpzcb
I checked this address again, and there are currently 2,000 bitcoins left untouched. The following figure shows the change of this address. At most, there are 3982 btc:
If they just transfer storage, they can gain a lot by now. By the way, I also remind you, don’t laugh at those little zombie coins. Two or three years ago, the money raised was also the money of thousands of btc. Maybe people are already lying down and counting money.
4. EOS
Grapefruit now, it’s as if it’s been hit to the bone, it doesn’t work hard at all, you have to insert a needle to get back to the picture [laughs and cries].
In terms of compliance, the news of 19 years actually stated very clearly, and there was another item in the information at the time: the SEC also approved an important exemption for Block.one, and Block.one will not be exempt from the usual application of such agreements. Certain current restrictions.
It stands to reason that the SEC will not neglect military ethics, so it feels that the market still has excessive worries, mainly because there is too much money, and no one knows where the money is really and where it will be used.
Another problem is that the current mainnet is indeed a piece of loose sand. There is no model that can open up the incremental market, and there is no capital inflow. The b1 side is also not loved by fathers and mothers. Therefore, the current price performance is also normal. Let’s take a look at these resource models after adjustment.
Today, I mainly talk about compliance. Grapefruit can still be less worried. After all, B1 has already shown that it is actively solving problems in communication with the SEC. Yes, in fact, there is not necessarily a dead end if there is a problem. The attitude is very important. Why is Ripple? The second time is more difficult, and why the Telegram before is uncertain, attitude is very important.
Conclusion
1. Let’s talk about these four coins first. You can compare various types of targets based on the four characteristics above. Welcome to exchange and discuss. Of course, please note that the above is only considered from the perspective of leek, and there is no sufficient legal basis.
2. As for whether Ripple will return to zero, in fact, the lawsuit may not be finalized soon. The delisting of the exchange is just to prevent the risk of losing the lawsuit, so many of the parts that are actually delisted are also in the United States. The success or failure of the lawsuit will depend on the success of the lawsuit. , It also depends on whether Ripple can break away from the US market. It still seems possible now. The trading volume is all over the world, but it is really going to lose. The probability of market value returning many years ago is still very high.
3. The mystery of who will be the next target of the SEC will not wait for the answer until next year. It is very likely to happen. The SEC is actually very slow. If you want it to get definite evidence, all company emails are required. If you can find it, maybe you have to send an undercover to work, and wait, so there is no need to worry too much about this aspect, let’s say that today’s key words are five words: attitude is very important, encounter problems to solve problems, I believe this market is huge Part of the target will be so, instead of taking the old road of Ripple.
