Triaconta Weekly 100 week 45 22 November, 2019
The following topics will be addressed in this weekly.
- Number 100!
- Bundles performance
Wow, we already sent out a 100 weekly’s! We have come a long way from when we started with CombiCoin in 2017. We would like to thank all our customers for supporting us in our journey, without you this wouldn’t be possible! But no time to celebrate, we need to keep working on Triaconta Bundles to make it even better. In the coming weeks we will be introducing some new exciting features. Stay tuned to the weekly to find out when they will be launched.
It has been a very rough week for the cryptocurrency market. At the time of writing Bitcoin was -10% in the last 24 hour. On a weekly basis it is down -18.5%. Hopefully the market will recover soon and that the “Bull run” will officially start.
3 Months: -18.07% 1 Month: -11.17% 24H: -5.10%
3 Months: -17.10% 1 Month: -2.00% 24H: -4.93%
3 Months: -17.70% 1 Month: -6.74% 24H: -3.33%
Revision ensures that your Bundle always contains the most popular cryptocurrencies. In the Top 30 we welcome Tezos. Tezos has a long history of moving against the market. This is a great diversifier in the Bundle.
Penny stock just had an interim revision last month and remains the same. Both new additions Ren and Fetch.Ai are doing well with +7% since the addition.
Tezos has the most flexible, they call it adoptive, blockchain. Tezos is ancient Greek for “smart-contract” according to the developers. Tezos smart contracts are different because the network rules are controlled by the participants. Usually development teams make the design choices, with Tezos it is the network of users itself that votes on changes and upgrade proposals. The build-in decision making process democratizes the entire development process. Tezos is unique with this amount of open participation.
Get ready for the launch…
The initial launch was supposed to happen after the July 1, 2017 ICO which made $232 million. However, with that unexpected amount of money, a dispute took place between the Tezos founder Johann Gevers and Kathleen Breitman, the owner of Tezos’ intellectual property rights. The launch was delayed indefinitely. Users began to sue the company for not delivering on their promise and wanted their money back. Finally the founder stepped down and Tezos could continue with its beta launch in June and official launch in September 2018.
Because of the adaptive protocol the Tezos blockchain can be utilised for Security Token Offerings (STO). In february 2019 a financial group called Elevated Returns chose Tezos as the blockchain on which it will offer real-estate offerings. In july 2019 Brazialian Banco BTG
together with Dalma Capital, a Dubai based asset manager, announced plans to utilize the Tezos blockchain for multiple Security Token Offerings (STOs).