π² Insider Info in my Socials π
π Get The Hottest Crypto Deals π
π “Keep Calm” Shirt π
π₯ TOP Crypto TIPS In My Newsletter π
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πΊEssential VideosπΊ
How Avalanche Works π
Last Avalanche Update π
Avalanche Metamask Wallet Tutorial π
Ripple vs. SEC Lawsuit Explained π
Blockchain Domains Potential π
Cryptocurrency Governance π
Unsolved Cryptocurrency Mysteries π
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– TIMESTAMPS –
0:00 Intro
1:52 Avalanche Recap
5:06 Avalanche Updates
7:48 AVAX Price Analysis
11:00 Avalanche Roadmap
13:56 Avalanche Origin Story
16:16 Conclusion
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βοΈ π Useful Links π βοΈ
βΊ Avalanche Network Overview:
βΊ Avalanche Explorer:
βΊ Avalanche dApps and TVL:
βΊ Avalanche Rush:
βΊ Avalanche Roadmap:
βΊ Avalanche Initial Litigation Offerings (ILO):
βΊ Avalanche Team Rocket Conspiracy:
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π¨βπ«Avalanche Recapπ¨βπ«
Avalanche was built by Ava Labs, a software development company based in New York which Emin founded in 2018
The Avalanche main net went live in September 2020 after a series of funding rounds which collectively raised over 60 million dollars.
Avalanche gets its name from a novel proof of stake cryptocurrency consensus protocol that was pitched in 2018 by an anonymous group of individuals who call themselves βTeam Rocketβ
π°Avalanche Updates And Growth Metricsπ°
In August, Avalanche announced Avalanche Rush, a 180-million-dollar incentive program to pull popular DeFi protocols into Avalancheβs ecosystem
The first two big DeFi projects to announce their deployment to Avalanche were Aave and Curve Finance, and in just the last couple of weeks weβve seen a slow of other DeFi protocols follow suit
Even though most of these DeFi protocols have yet to deploy on Avalanche, the total value locked in Avalancheβs DeFi ecosystem is pushing the 3-billion-dollar mark
πAVAX Price Analysisπ
Avalancheβs updates and developments have had a predictable effect on the price of AVAX, which recently almost reclaimed its all-time high of roughly 59 dollars
There are a few reasons why it didnβt, and one of these is AVAXβs aggressive vesting schedule. Another is the possibility that AVAX is considered a security
Network activity is all I can see for Avalanche on the horizon as more dApps and DeFi protocols make their debuts
When it comes to how high AVAX could go, I think 100 dollars is a realistic expectation for an end of year target
π Avalanche Roadmapπ
Avalanche has not yet managed to meet a major milestone, and thatβs the introduction of a new and improved Avalanche wallet, complete with a mobile app and browser extension
Avalanche still has a month left to introduce these new wallet features, and hopefully we will see them by the end of the September deadline on their roadmap
Towards the end of the year Avalanche looking to add a flurry of additional features relating to its existing infrastructure, primarily itβs subnets
If Avalanche can implement efficient subnet interoperability, it would go a long way in facilitating both individual and institutional adoption
π΅οΈββοΈAvalanche Team Rocket Mysteryπ΅οΈββοΈ
The day after Emin acknowledged the Team Rocket paper, Team Rocket created their own twitter account whose handle is written in leet speak. Iβll let you look up what that means on your own time
As it so happens, Eminβs Twitter handle is also written in leet speak. Emin also worked with Team Rocket to revise their paper which was posted to Cornell Universityβs web archive website in June 2019
This means Emin probably knows who Team Rocket is, and some have gone as far as arguing that Emin himself might be a part of Team Rocket.
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π Disclaimer π
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Avalanche #AVAX #crypto #altcoin #smartcontract #Defi
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