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Kava.io Price Prediction 2021-2025: Will KAVA Reach $20 by 2021? 

Kava.io Price Prediction 2021-2025: Will KAVA reach $20 by 2021 as aims to become the DeFi lending protocol through its decentralized lending features.

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There is a lot of stuff on DeFi these days. But, how about DeFi’s app store?  

Sounds Interesting? Keep reading until the end to find out about an amazing project called Kava.io. 

Kava delivers everything needed for seamless decentralized finance together in one place. Besides, many businesses have already partnered with Kava’s DeFi platform to enable their customers to lend, invest, and earn cryptocurrency. 

App developers may quickly deploy DeFi apps at Kava.io’s platform using the platform’s framework and cross-chain technology. Harvest.io is the first Kava app that was launched in 2020. Users can experiment with various money-making ways by using assets such as USDX, Bitcoin, and others. 

Kava developers want to integrate a range of proprietary technologies to streamline the decentralized lending sector. Indeed, the system was created to provide stablecoins and decentralized financing against all main crypto assets more openly and straightforwardly. As a result, Kava is a DeFi pioneer who continues to attract international media attention. 

This article will discuss what Kava is, examine its historical performance, and understand Kava.io (KAVA) price prediction for 2021 and beyond. 

What Is Kava.io (KAVA)? 

Kava is a decentralized financial platform that allows users to get credit by securing collateral exchange for USDX. Ecosystem partitions are used in the Cosmos protocol to support and interoperability for cryptocurrencies hosted on different blockchains. 

KAVA is the Kava protocol’s native governance token and shared asset. Token holders are in charge of voting on smart contracts and safeguarding the network, regulating the protocol, and acting as a lender of last resort. 

Ethereum Blockchain is primarily used for DeFi projects; however, Kava is built on Cosmos, which provides additional features to this project. Users of Cosmos can borrow loans in USDX by securing cryptocurrencies in the site’s smart contracts. 

Kava uses Cosmos’ zones function to control the crypto assets it takes, which are then executed in programs on separate networks. This allows the initiative to expand the types of crypto assets that borrowers can utilize, such as BTC. 

The overall amount received by KAVA users is determined by the type of collateral utilized and the number of USDX a user mints. 

Furthermore, there are 70,172,142 KAVA in circulation. To properly forecast future market capitalization, and thus the future price of the Cryptocurrency under consideration, a thorough understanding of predicted supply changes is required. 

Kava’s CVIX is currently flashing 64, indicating that traders may expect high price fluctuation that must be managed appropriately. When trading with CVIX in any market, whether its equities or digital assets like Crypto, the most basic strategy is to create buy triggers when volatility spikes. 

Keep reading to understand what Kava’s fundamentals and technical analysis display! 

How Kava.io (KAVA) Works? 

Developers can use Kava to create completely decentralized financial services that are supported by unique distributed governance technologies. Unlike other DeFi initiatives, the contributors to the platforms include KAVA’s team, other stakeholders, etc.

READ  Will Bitcoin Live to Beat Its ‘Unimaginable’ Price Targets?

Moreover, Kava encourages a robust governance framework that gives all stakeholders the power to decide on the platform’s management and progress. It’s worth mentioning that this architecture outperforms previous options in which developers and miners couldn’t agree on core system changes, resulting in a constant standoff.

Additionally, users can borrow USDX and lock assets in specific smart contracts with Kava, which creates a collateralized debt position (CDP) on the back end. CDP is a contract that ensures the value of USDX remains tied to the US dollar. 

You need to deposit Cryptocurrencies to connect to their wallets, and then the crypto asset is locked in a smart contract to create a CDP. Furthermore, USDX loans are issued based on CDP’s value and USDX is burnt if crypto is returned to the user. 

On Kava, USDX is frequently over-collateralized. Borrowers must typically deposit a sum that is bigger than the USDX value generated by the protocol.  

What Are the Key Modules in the KAVA Ecosystem? 

There are four modules in KAVA’s ecosystem as follows:- 

Price-feed module: Price-feed module is a basic oracle module. Oracles are sensors that are located off-chain and can supply data to Blockchains. A collection of white-listed oracles publishes prices for the system’s various assets.  

Auction module: Users can choose from three different auction protocols while using the Auction Module. The system can use this process to turn the surplus into more stablecoins. 

CDP module: The CDP module is quite important. Users can create, edit, and close CDPs for any sort of collateral. This is also the coding that is used to set the system’s global parameters. These options include things like debt restrictions and the total number of stablecoins in circulation. 

Liquidator module: This is the protocol in charge of taking collateral from CDPs whose collateralization ratio falls below the collateral type’s stated threshold. The module’s ultimate choice is based on the prices obtained from the Price-feed module. 

Price Analysis of the KAVA 

Flashback: Historical Price Analysis of KAVA 

The KAVA coin was launched in October 2019 for $0.95, and in April 2021, it reached an all-time high of $8.20 showing a roughly 760 percent increase in less than two years. The price of the KAVA coin is currently hovering around $6.00. 

Let’s see if this trend will continue or not. 

Kava.io (KAVA) Price Prediction 2021 

The price of KAVA for August 2021 is predicted to be $7.41 and then rise to $15.54 by October 2021. Therese will be a massive rise in December 2021 and KAVA’s price will reach $19.09 by December 2021. 

Kava.io (KAVA) Price Prediction 2022 

The year 2022 will be the year of KAVA as the coin is expected to surpass $25 at the beginning of January 2022. During June 2022, KAVA is expected to reach $54.16 and then rise to $91.01 by December 2022. 

Kava.io (KAVA) Price Prediction 2023 

During March 2023, KAVA will decline to $81.24 from $91.01 and then rise to $97.66 by September 2023. Moreover, by the end of 2024, it may surpass $100. 

Kava.io (KAVA) Price Prediction 2024 

At the beginning of 2024, KAVA will reach $110, meeting the 2023 expectations about its price behavior. By the end of 2024, this coin’s price will reach $190, amidst the DeFi craze among the hodlers. 

Kava.io (KAVA) Price Prediction 2025 

In 2025, KAVA is expected to surpass the $200 level and the coin is expected to reach $280 by the end of 2025. 

Kava.io (KAVA) Price Prediction: Market Sentiment 

Several media outlets have given the KAVA currency a positive long-term outlook. Let’s see what the rest of the experts has to say:- 

Wallet Investor 

The KAVA coin price projection by Wallet Investor seems optimistic as it has predicted a positive trend in its price behavior i.e., making it a good investment in the long run. The investment value is expected to rise during the following five years. 

By the end of 2021, Wallet Investor anticipates KAVA to be worth $11.01 by the end of 2021. Then by the end of 2022, it will reach $15.57 and rising to $20.21 by the end of 2023. Furthermore, by the end of 2024, KAVA is expected to reach $25.04 and by the end of 2025, it will rise to $29.60.  

Digital Coin Price 

According to Digital Coin Price, the development of the KAVA platform will be slow; however, the KAVA coin is expected to follow bullish signals of the crypto market and is expected to reach $7.68 by the end of 2021.  

By the end of 2022, the price of KAVA will reach $8.07 and then rise to $10.93 by the end of 2023. Moreover, by the end of 2024, the price of KAVA will reach $11.52 and then increase to $13.31 by the end of 2025, according to Digital Coin Price. 

Tokeneo

Tokeneo is pessimistic about KAVA’s price and expects it to reach $3.57, which is the maximum price for 2021.

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Gov Capital 

Gov Capital is quite positive about Kava.io and expects that it will reach $7.79 by December 2021. By the end of October 2024, the price of KAVA will be $15.77.

Reddit Community

Reddit community expects KAVA’s price to reach $7 by the end of 2021, amidst its acceptance by the crypto community. 

Our Kava.io (KAVA) Price Prediction 

KAVA is one of the few cryptocurrencies that has managed to hold its ground in the face of the bear market. Our KAVA price prediction for 2021 is also positive but in the long run. This year, it has a good chance of surpassing its current all-time high of $8.01. However, this occurs only when KAVA overcomes a significant amount of previous psychological opposition. 

Furthermore, the KAVA ecosystem may have a bright future ahead of it in 2021, thanks to ongoing innovations and modifications. It may soon hit $9.34, and it may even reach high levels, such as $10 if investors believe KAVA is a smart investment in 2021. 

It is a volatile asset that can yield a reasonable return on investment over time. Cryptocurrencies, in general, are extremely volatile products that demand a well-thought-out risk management approach and a well-diversified investment portfolio. 

Holders of KAVA can participate in voting, and governance to the Kava protocol. These adjustments could include smart contract updates, global debt limit adjustments, and the inclusion or removal of collateral assets, among other things. Voting can be done manually or by delegating it to validators.

READ  Iranian Authorities Issues License to iMiner to Operate in Country

So, is it a good idea to hodl KAVA?

Despite its optimistic scenario, we suggest you do your own analysis to make your final decision.

Conclusion 

Kava aims to become the DeFi lending protocol through its decentralized lending features, allowing users to access a wider range of crypto assets. Hodlers of the token can participate in the governance, vote on the platform, and supports the protocol by acting as a last resort to make decisions.

These services are provided by traditional financial institutions only after thorough credit checks, arduous registration procedures, and compliance with anti-money laundering (AML) and KYC requirements. Due to Kava’s decentralized design, users merely need to provide their wallet address and any supported cryptocurrency to take advantage of similar services.

To benefit from USDX minting rewards, users can lock in any of Kava’s supported collateral assets. The rewards program has been allotted 3.848 million KAVA tokens, with KAVA awarded weekly in proportion to the quantity of USDX minted.

KAVA seems an amazing asset to invest in. Right?

Based on Kava.io (KAVA) price prediction, its future seems bright and the coin is expected to reach $20 by 2021. However, please check predictions carefully before deciding to invest in any of the coins.

Trading Cryptocurrencies is not suitable for all investors as they carry a high risk of loss. Therefore, users are advised to use trading strategies at their own risk. This article focuses on the fundamental and technical analysis of REN and can be used to make future predictions based solely on past performance. 

#KAVA Price Prediction #KAVA.io

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Source: https://www.cryptoknowmics.com/news/kava-io-price-prediction-2021-2025-will-kava-reach-20-by-2021

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World-Renowned Photographer Christina Jansen to Release First Muhammad Ali Digital Collectibles with dMerch.io

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Never Before Seen Photos of “The Greatest” Available for Digital Collection on the WAX Blockchain

The Worldwide Asset eXchange (WAX) is partnering with world-renowned photographer Christina Jansen and Dublin-based NFT agency, dMerch.io to bring to life the Muhammad Ali Series 1 digital collection. The collection contains 136 unique digital collectables, all showcasing the vibrant personality of Ali himself and will be available on WAX blockchain starting on August 10, 2021 at 1pm EST / 10 am PST.

Throughout his iconic 21-year professional career, Ali was unconventional and incredible for the world to watch. He was an Olympic gold medalist, accumulated 56 victories, and was the first boxer in history to claim the heavyweight championship belt three times.

In 1986, Jansen and Ali met for the first time at a commercial shoot at Fulham Studios. Instantaneously, the duo connected, and Jansen admired Ali’s humble nature. Since her encounter with Ali, Jansen has gone on to photograph celebrities, athletes, and fashion icons.

“Photographing Muhammad Ali was one of the most inspiring jobs I have ever had. Over a period of two weeks on and off the set I witnessed how he treated everyone who approached him the same. It didn’t matter to Ali where you came from or what you did. I felt so blessed to have the chance to talk to him and get to know this great man like a close friend.  Ali told me his Philosophy in life – If you reach for the moon you might end up next door, but if you reach for the stars you will get to the moon. He encouraged me and others to reach for their goals and not be afraid to take risks in life,” said Jansen.

Adam Bouktila, COO for dMerch, praised Christina’s photographs which have not been seen by a wider audience:

“This collection is amazing for the close connection between Ali and his photographer. These are not paparazzi shots taken at random. These are beautifully crafted images taken over a two-week period where subject and artist forged a close and powerful connection. The connection makes the images come alive.

“And with NFT technology we can now share these images with the world. As a Mohammed Ali fan this is a huge privilege for me to be involved in this project.”

Since his passing in 2016, Ali’s life and love for mentoring others will be revealed through Jansen’s intimate, never-before-seen photographs for fans to collect and enjoy as digital collectibles on the WAX Blockchain. In her very first WAX collection, Jansen will offer the proceeds of an extremely special “Boxing Futures” pack featuring a single, ultra-rare Muhamad Ali digital photograph to aid Boxing Futures, an organization that aims to help disadvantaged youth by providing a safe space for them to improve their physical and mental health through boxing all while learning to build relationships and find motivation.

“This collection is both a personal and professional triumph that allows us to give back to a deserving group and pay homage to Muhammad Ali’s legacy,” says Jansen.

The intimate photos of the boxing superstar will be available in six (6) ring-worthy rarities, including:

  • Classic
  • Negative
  • Gallery
  • Photographer
  • Championship
  • Behind the scenes

As a special thank you for their support of the collection, Championship card buyers will be automatically entered into a randomized drawing for a chance to claim one (1) of (3) unique physical prints.

The Muhammad Ali Series 1 digital collection will feature 5,000 Classic Packs, 3,000 Photographer Packs, and 1,000 Boxing Futures Packs and are available in the following sizes:

  • Classic Packs containing 5 digital collectibles for $19.99
  • Photographer Packs containing 25 digital collectibles for $49.99
  • Boxing Futures containing 1 digital collectible for $9.99

There will be a “stress test” prior to the official launch day on August 9 at 1pm EST / 10 am PST. Fans can sign-up through the official WAX Discord and will receive a free promo-pack as a “thank you” for participating.

About WAX
The Worldwide Asset eXchange™ (WAX), is the world’s #1 blockchain, as measured by number of users and transactions, according to Dappradar.com. WAX’s mission is to bring digital collectibles to the mass market in the safest, most secure, environmentally friendly, and easy-to-use marketplace in the world. WAX is also the leading entertainment digital collectibles network — in 2018, WAX introduced vIRLs®, giving consumer product companies the ability to directly link digital collectibles to physical consumer products. Co-founded in 2017 by William E. Quigley and Jonathan Yantis, WAX has facilitated the trade of more than 100 million digital collectables including Major League Baseball (via Topps MLB collectables), Capcom’s “Street Fighter,” and world-renowned entertainers Deadmau5 and Weezer. For more information, please visit https://wax.io and follow along on Twitter and Discord.

About Boxing Futures
Boxing Futures is a dynamic charity which works to improve the physical and mental health and wellbeing of disadvantaged young people. We empower young people by building positive relationships, developing core soft skills and increasing confidence and motivation.

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Media Contact:

[email protected]

Source : Plato Data Intelligance

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Meat Food Production Giant Oscar Mayer Auctions Disposable Packaging “Hot DOGE” Wiener

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An American meat and cold cut production company Oscar Mayer, owned by the American food giant Kraft Heinz, used the eBay e-commerce platform to auction a single package of “Hot Doge Wieners” worth 10,000 Dogecoins. (Read More)
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Source: https://Blockchain.News/news/meat-food-production-giant-oscar-mayer-auctions-disposable-packaging-hot-doge-wiener

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From Around the Web: 10 Awesome Stories About Bitcoin

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Bitcoin is a revolutionary cryptocurrency. It single-handedly jump-started the cryptocurrency space, allowing crypto-enthusiasts and traders to invest and get into cryptocurrency trading, and gave rise to a host of other cryptocurrencies that completely changed the landscape of the financial and investment markets. Several individuals took full advantage of the bitcoin evolution and went from rags to riches in the blink of an eye, all thanks to their investment in bitcoin. However, it also led to severe losses because some people could not understand how bitcoin trading worked.

Top 10 Best Stories About How Bitcoin Changed Lives Across the World

Here are the top 10 best stories of people who took full advantage of bitcoin and whose inspirational memoirs about their Bitcoin investments are worth knowing. If you are interested in buying bitcoin, find a trusted trading platform here.

Bitcoin Revolution Story #1: The Teenage Bitcoin Millionaire – Erik Finman

When teenagers juggled between schools, homework, and sports, Erik Finman negated the college-bound paths and tried his hand in cryptocurrency trading. The story of this teenage millionaire starts on an Easter day in 2011. Erik received a generous gift of $1,000 from his grandmother when he was 12. Unlike other kids who would have spent it all, Erik turned his attention to bitcoin trading and decided to invest it in Bitcoin.

Surprisingly, just after two years, Bitcoin’s price shot up to $1200, and his bold decision paid off. This successful experience motivated Erik to sell his Bitcoin and use the money to launch a start-up called Botangle. Botangle was an online education company, a successful web venture where he provided video tutorial services. He paid off all his employees in Bitcoin.

Botangle became the centre of attention within no time, and investors placed Erik on the horns of a dilemma with a seemingly difficult choice. The offer was to either sell the company for $100,000 or 300 Bitcoins. For Erik, the Bitcoin hogger, this was not a difficult choice. He again placed everything on Bitcoin with the hope of becoming a millionaire by 18.

Currently, his focus is to establish a start-up that involves cryptocurrencies intended to participate in developing a satellite for NASA. Erik says, “I can say today that I own 403 bitcoins which are currently valued at $1,092,678.08 with Bitcoin price being at $2,711.36 plus some other money invested in other things.”

Bitcoin Revolution Story #2: The One Who Sold His Worldly Possessions and Bought A Millionaire Life: Kingsley Advani

One needs real guts and a strong determination to sell all the hard-earned savings, make difficult investment decisions and invest them in a volatile market like crypto trading. Sometimes, such a leap of faith helped Kingsley Advani. The 24-year-old Advani became a millionaire with his initial investment in Bitcoin.

It was in 2012 that Advani planned to change the path of his life. His friend introduced him to Bitcoin, and apart from the circumstances, he saw the bigger picture and possibilities this crypto could make in the future. At an age where people tried hard to climb up the career ladder at a competitive pace, the data scientist Advani worked hard to invest in Bitcoin. He emptied all his savings, his laptop, headphones, etc., and poured $34,000 in it.

Well, it was a risk worth taking as Advani turned his investment into a low-seven-figure sum with the amazing bull run of 2017. With the value of Bitcoin doubling since his initial investment, Advani is a crypto millionaire today. Moving from a desk-based job, he now travels around the world imparting wisdom and his passion for cryptocurrency as an advisor.

Things were not easy for Advani, and everything didn’t just fall into his lap. He started reading white papers, never missed a piece of single news about blockchain technology and spent his time in isolation distracting himself from everything else. He advises other investors to first invest their whole time and energy in researching the trends of cryptocurrencies, learn about crypto trading and then invest in cryptos. In discussion with Business Insider, he adds, “Only put in what you can afford to lose,” which is a message worth to its core.

Bitcoin Revolution Story #3: A Millionaire by Sheer Fluke: Kristoffer Koch

The story of Kristoffer Koch, the millionaire by accident, might come as a real surprise for you. For some, luck hits in the most unexpected time. With an investment of $26.60 in 5000 Bitcoins, which is a breath-taking value, Kristoffer made a fortune.

It was in 2009 that Kristoffer decided to invest in the digital currency Bitcoin. He was doing his thesis on encryption and came across it during his research. Bitcoin was in its nascent stage; therefore, he completely forgot about his small investment and moved on with his everyday life.

A stroke of realization hit him in 2013 when all the media was flooded with the news of Bitcoin daily. Kristoffer was wonderstruck, remembering that he, too, owns a good amount of Bitcoin.

Later, he spent a few days searching for the correct password to his encryption of fortune, the Bitcoin wallet. He instantly exchanged one-fifth of his investment for $886,000. Kristoffer bought himself a luxurious apartment in Norway and started enjoying his luckily found millionaire life.

Kristoffer quoted, “Not in my wildest dreams could I have imagined that they would have soared like this. It’s bizarre. These psychological reflexes that make us attach a value to something that doesn’t have any in itself.”

Bitcoin Revolution Story #4: The Mysterious Millionaire: Mr. Smith

Mr. Smith is the millennial millionaire who proudly flaunts his wealth by travelling across the world in first-class flights and 5-star suites. Smith is a mysterious Bitcoin millionaire, first interviewed by Forbes when he earned over $25 million from Bitcoin. In his ultra-luxurious style, this wanderlust has visited places like Singapore, New York, Las Vegas, Moscow, Monaco, and the list goes on.

The story of Mr. Smith starts with his initial investment of $3000 worth of Bitcoin in October 2010. He was working at a Silicon Valley company and was living a simple everyday life. For the next three years, Smith used to check the price of Bitcoin every couple of months. In his interview with Forbes, he said, “I knew from the very start that I was playing the long game. I wanted to see how high it could go.”

He put an end to the wait when the Bitcoin price hit $800. Smith cashed out 42.3 million, quit his job, and started living his luxurious life to its fullest form. Securing $25 million from an investment of $3000, this is how a millionaire was born!

Mr. Smith, the epitome of new money, quotes about the spontaneity of Bitcoin in his Forbes interview, “I couldn’t believe how quickly it was appreciating. It started rising by 10% or more every day. I was nervous, and excited, and terrified and confused all at the same time.”

Bitcoin Revolution Story #5: The Ultimate Hodler: 50 Cent

Who knew that the miraculous rapper 50 Cent, aka Curtis Jackson, has a million worth of investment in his account! The truth is, not even himself. According to the celebrity gossip website TMZ, it took him a while to find out that he had a gold mine of around 700 Bitcoin, which was worth more than $7 million on the day he realized it.

The story of this Bitcoin millionaire dates back to 2014 when he was the world’s first artist to accept Bitcoin as a means of payment. It all started with his album called “Animal Ambition, where he gave his fans the golden opportunity to buy the album from his website with Bitcoin. Little did he know that it was the initiation of his golden opportunity.

The 700 Bitcoins that he earned from the sales were left untouched until 2018 when he realized that it is worth $7.7 million. The musician’s bold and smart decision to sell his music for Bitcoin has secured him a wealthy fortune and name in the market. He has paved the way for many musicians to accept virtual coin payments for songs.

50 Cent confirmed the news and his excitement by taking it to his Twitter handle and Instagram, saying, “this is not bad for a kid from the south side.”

Bitcoin Revolution Story #6: The Emperor of the ‘Crypto Castle’: Jeremy Gardner

Jeremy Gardner is another young crypto millionaire who secured a fortune with nothing but a few Bitcoin. Jeremy is not merely a Bitcoin millionaire who buys and sells coins, rather an intelligent entrepreneur who has world-changing solutions and visions. The story of this self-made rich kid dates back to 2013.

On a typical day, Jeremy got his hands on Bitcoin from his friend who offered some Bitcoin in exchange for cashback. The enthusiastic teenager was keen on this new digital currency and started researching cryptocurrencies, trends, and markets until he was convinced that Bitcoin was here to stay. Jeremy had his strong-based plans. He launched a decentralized prediction market, called Augur which soared high in the following years.

In 2014, the Bitcoin millionaire co-founded the Blockchain Education Network, a non-profit group initiated to empower students about blockchain technology worldwide. Jeremy’s most significant ventures are the three-story residence in San Francisco, named The Crypto Castle. A hub for cryptocurrency entrepreneurs to stay, discuss and plan their next steps.

Jeremy mentioned his excitement about Bitcoin in an interview with the Business Insider, “There was this realization that I could, with just an internet connection, exchange value with anyone in the world who also has an internet connection. ”

Bitcoin Revolution Story #7: Securing A Millionaire Fortune from The First Job: Olaf Carlson Wee

Well, first jobs are always special, but what if your first job is a golden ticket to your future? It’s not just a dream but the reality of Carlson Wee, the first employee of Coinbase wallet in 2013. Even before the crypto market flourished, Carlson was an ardent believer of its existence and invested his money in Bitcoin.

Even when his first investment crashed down, he didn’t lose his faith and gained more insight into the world of cryptocurrency by joining as an employer in Coinbase. He decided to get paid by Bitcoin only because he knew the potential of this cryptocurrency.

As Bitcoin began to soar to highs within the fullness of time, Carlson had more than enough investment to make him a millionaire. Within a matter of months, his assets went from $4 million to $200 million. Because of his far-sightedness, Forbes mythologizes him as the ‘man who has been living on Bitcoin for three years”.

In a telephonic interview with Forbes, he said, “I view Bitcoin as the more democratic version of money and value transfer because no one controls it. I expect the Internet to be around longer than any nation-state, so a nation-state-backed currency is less safe than an Internet currency in my mind.”

Bitcoin Revolution Story #8: The ‘Bitcoin Jesus’: Roger Ver

As the name resonates, Roger Ver is one of the most famous vocal proponents of Bitcoin long before it became popular among investors. Ver has been a significant persona in promoting cryptocurrency from an unknown commodity to a valuable and widely accepted asset. This controversial investor has amassed an almost huge wealth of $520 million, being an early investor in Bitcoin and several Bitcoin-related start-ups.

Ver’s success story dates back to 2011 when he was introduced to Bitcoin through a podcast. He was immediately keen to know more about this digital currency and believed in its successful future. He has continuously pushed for Bitcoin’s adoption worldwide and his company MemoryDealers was the first-ever company to accept Bitcoin as a form of payment.

Today this Bitcoin millionaire is the CEO of Bitcoin.com and the co-creator of Bitcoin cash. In the end, all the vocal proponents, shout-outs, and advice about Bitcoin and its future paid him off with a luxurious life.

This ardent believer of Bitcoin stated to CNBC that “Bitcoin will experience many bubbles along its way to improving the lives of everyone on the planet.”

Bitcoin Revolution Story #9: The Bitcoin Pizza Day: Laszlo Hanyecz

Hanyecz will never regret spending that 10k Bitcoin for two large pizzas! The Bitcoin pizza day’s history dates back to May 22, 2010, when Laszlo Hanyecz agreed to pay 10,000 Bitcoins for the two Papa John’s pizzas.

Since that day, Hanyecz’s pizzas have gotten more expensive. The 5th anniversary of Bitcoin Pizza Day was celebrated with two pizzas at a value of $2.4 million. BTC was a very less known asset in the market when Hanyecz decided to make the exchange as such, the Bitcoin price was very low. Until today, May 22, is celebrated as Bitcoin Pizza Day, where both Bitcoiners and pizza vendors are toast.

The best way to celebrate the day is to make a pizza purchase with Bitcoins. This little milestone is also a reminder that however insignificant or small things are, they might have the potential to make great transformations in the world.

Hanyecz told the NY Times, “It wasn’t like Bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool.”

Bitcoin Revolution Story #10: The Bitcoin Family: The Taihuttu family

The Taihuttu family’s story is quite breath-taking as the whole family with three kids bet everything they had on Bitcoin. They sold everything and hit the road travelling around the world. Taihuttu first came across Bitcoin in 2013 and started studying it deeply. He and his two friends started mining Bitcoin with powerful computers and kept a watch on the trends.

Today the Bitcoin family has a blog where they write interesting stories about their travel, investments, and how they started living a minimalistic nomadic life to invest in Bitcoin. They also wrote about places that accept Bitcoin as a mode of exchange and their views about the crypto market’s future.

Even when the Bitcoin price saw a massive correction in 2018, the Bitcoin family didn’t panic. Instead, they re-invested with more determination and ambition than ever. They continued their adventure with neither bank accounts nor properties, which is still a remarkable story related to Bitcoin.

If you would like to buy Bitcoin, Ethereum, or other popular cryptocurrencies, VirgoCX offers a hassle-free and streamlined way to do so, right off the website. If you would like to learn more about trading Bitcoin, check out some of their other articles here. Please note that this article should not be viewed as investment advice. Cryptocurrency trading is subject to risks. Please do your due diligence and trade responsibly.

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CryptoHawk Provides Subscribers 2-month Returns of 44.5% on BTC and 22.1% on ETH

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WEALTHSIMPLE NOW LISTING DIGIMAX STOCK

TORONTO, ON / Plato Data Intelligence / August 2021 / DigiMax Global Inc. (the “Company” or “DigiMax”) (CSE:DIGI)(OTC:DBKSF), a company that provides artificial intelligence (“AI”) and cryptocurrency technology solutions, is pleased to share its performance over the first two months since the revamped Crypto Price Indicator tool was launched June 1, 2021.

In its first month of June, during a period when both Bitcoin and Ethereum dropped by 7% and 15% respectively, DigiMax provided subscribers who followed the indicators positive returns of 27% and 13%.

As of the end of July, even though both Bitcoin and Ethereum enjoyed a strong recovery in the latter part of July, CryptoHawk again “captured the volatility” and helped investors make strong gains when crypto prices went up, just like the gains captured the prior month when crypto prices went down.

For the combined June-July 2021 period, Bitcoin had a net change of +5.1% while Ethereum dropped -3.6% during the period.  CryptoHawk instead provided subscribers returns of +44.9% for Bitcoin and +22.1% for Ethereum.

CryptoHawk is continuing to prove that not only does it help “protect investors from crypto liability,” CryptoHawk actually helps “investors capture volatility for big gains.”

The CryptoHawk results provide a strong foundation to launch the CryptoHawk-based Crypto Fund domiciled in Cayman Island expected to be launched by the end of August 2021 as previously announced.   Pre-marketing of the fund is commencing and the stated goal of achieving $1 billion of Assets Under Management (“AUM”) within 24 months seems realistic at this time.

DigiMax is also pleased to note that WealthSimple has commenced listing DigiMax on their website.  According to Wikipedia, “WealthSimple Inc. is a Canadian online investment management service focused on millennials. The firm was founded in September 2014 by Michael Katchen and is based in Toronto. As of February 19, 2021, the firm holds over C$8.4 billion in assets under management.”

About Calculations

All of the calculations above assume a constant amount is invested for each trade and the returns reported are the sum of the performance of all individual trend indicators sent to subscribers during the period described.  These returns assume the investor is trading long and short based on these trend indicators and the returns do not include commission costs as these vary for each investor.  The rates of return of Bitcoin and Ethereum is calculated based on the change in price from the first day of the period described and the last day, divided by the first day price.

About CryptoHawk

CryptoHawk is an Artificial Intelligence-driven, price-trend prediction tool that can be profitably used by any investor interested in trading Bitcoin or Ethereum.  The tool is different as it uses AI and machine learning to capture profit from the volatility of crypto currencies rather than incur the risk of buy-and-hold investments.  In both up and down markets, CryptoHawk has the potential to deliver subscribers much higher returns when trading.  In sum, CryptoHawk is an AI Solution that protects traders from volatility, while at the same time allowing them to profit from it.

About DigiMax  

DigiMax is a technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM Watson partner, and the Company’s engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology. 

To learn more, visit our websites: https://digimaxglobal.com/

https:/cryptohawk.ai

Contact: 

Martti Kangas

Investor Communications

647-521-9261

[email protected]

Chris Carl

President & CEO

416-312-9698

[email protected]

Cautionary Note Regarding Forward-looking Statements

This press release contains “forward-looking statements or information”. Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements in this press release include, among others, statements about the Company and Kirobo Inc.’s future plans, expectations and objectives.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. The Company may not actually achieve its plans, projections, or expectations. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including expectations and assumptions concerning the future plans of Kirobo Inc. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the adequacy of our cash flow and earnings, the benefits and uses of our software, the pricing and availability of our software, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the platforms and software described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, consumer sentiment towards the Company’s products and services, failure of counterparties to perform their contractual obligations, government regulations, competition, loss of key employees and consultants, and general economic, market or business conditions, the impact of technology changes on the products and industry, the ability for Kirobo Inc. to complete its business objectives, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Source : Plato Data Intelligence

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