The lending market continues togrow and to offer healthy interest rates invarying market conditions.
USD lending has providedattractive and growing returns since themarket's inception.
Actively managing your open positions on a margin lendingplatform requires a huge amount of time but allowsfor you to achieve greater interest rates as there is hugevolatility between interest rates in a singleday.
The Invictus margin lending fundpools the contributions of investors in the fund and puts those funds up formargin lending on crypto margin lending exchanges.
The fund aims to maximize interest income onUSD and USD equivelents with zero anticipated drawdown risk by taking dollar based positions on marginlending platforms which earn daily interest.
The interest rates achieve will be optimized acrossexchange platforms and currencies.
By a combination ofefforts from the fund management team and automated technology.
Thisallows for the margin lending fund which uses highly activemanagement to lock in far greater returns than an individualinvestor would be able to achieve.
The Invictusmargin lending fund is tokenized through a singleERC-20 token called IML.
Investors are able topurchase tokens to obtain exposure to the underlyingfund's strategy.
On a daily basis the net assetvalue or NAV of the fund will be determined in USDterms.
Investors are able to exit the fund atany time.
Toke redemptions are processedevery 24 hours in TrueUSD.
Being able to subscribeand redeem your underlying investmentfrom the fund is something that can be accomplished within oneday. Whereas in the traditional markets, this might take daysor weeks.
In an open endstructure like the IML fund there will always beliquidity for investors looking to enter andexit the fund as investors as investors are not required to trade through anexchange.
Investors should be expect low levels ofvolatility and returns that are proportionalto the volatility of the crypto markets.
Interest returnsbased on the volatility of crypto assets with no direct exposure tocrypto assets provides highly uncorrelatedreturns that are great for diversified portfolios.
The lack of a very strong correlation to both BTCand traditional stocks such as theSP500,makes USD lending a greatcandidate as an alternative investment andoverall portfolio diversifier.
WhileDAI is a stablecointhat tracks the value of the USD, Maker has a variablevalue. It was created to supportDAI in a number of ways.
First the MKRtoken enables governance of the wholesystem, giving its holders voting rights on proposals.
Second, while CDPs are expected to remainover collateralize, ifmistakes or unforeseen events occur that cause a CDPto fail, new MKR tokens will be created covering thelosses so that holders of DAI canhave confidence in the value of theirtoken.
ICOs haveraised more than $4 Billion worth of early stagecapital, massively disrupting traditionalfinance. But while token fundraising is a boomingtrend, the global securities market has yet to participate.
Stocks, bonds,venture capital, private equity and virtuallyevery category of traditional finance function better on the blockchain.
Equity, LP shares and share unitswill become programmable tokens that are moreaccessible, liquid and secure than traditional forms ofasset ownership.
But no platform existstoday that bridges the cap between financial securitiesand the blockchain.
Today business lookingto join the crypto-revolution by launching their owntoken have nowhere to go.
Polymath envisions afuture where tokenholders replace shareholdersin the global economy and every business in theworld has immediate access to trillions of dollars ofcrypto-capital.
Powered by its nativetoken Poly, Polymath is ushering in a newera of security token offerings or STOs.
STOs will soon dominate ICOsas financial products of all sorts upgrade to tokens.
To facilitate thismega trend, Polymath is building the world'sfirst decentralized protocol that empowers corporationsto launch their own security token by simplifyingthe technical and legal challenges of a compliant tokenlaunch.
With KYC aware token technology,Polymath ensure only authorizedinvestors can participate in thenetwork.
By powering the next generation of regulatorytokens, Polymath aims to be the catalyst to launchthe multi trillion dollar security token revolution.
Hey guys, I'm Antonio fromdYdX. A decentralized exchange for derivatives and shorts.
So at dYdX we arebuilding an open protocol that allows short sellingand options on any ethereum basedtoken.
The protocol is totally open and free to useand allows the instruments to be taken in a peer to peer andtrustless way.
In addition we are buildinga relayer which is sort of a centralized websitewhere people can go to actually trade the shorts and options on the baseprotocol.
Finally we don't have our own token butyou can use dYdX to short everyone else'stoken.
Sonext we are going to go througha demo of how dYdX actually works.
As you can seeit kind of looks like a centralized exchangethat allows market, limit orders, short sells and loans for the shorts.
We are going to go through how a short actually works.
Asyou can see it's super simple, all you have to do is plug in how much youwant to short, click OK, approve it in your wallet and that's it,you are short some token now.
So then your position can be open as long as you want.And later you can come back and close your position and you'llmake money if the price went down or you'll lose money if the price wentup.
Here we are going to close theposition, approve it in our wallet and then wait for thetransaction to be mined and our position will be closed and we'llhave made whatever profit we made on the trade.
Next we are going to take a quick look at the transactions on the blockchain.This is the transaction for opening ashort sell. How it works is the tokens are taken from thelender and sold immediately to the buyerand then some margin deposit is taken from you theshort seller.
And this is thetransaction for closing a short. Basically the tokens thatwere lent by the lender are always given back to the lender plus someinterest fee.
Andthen the short seller makes the profit minus the interestfee.
Where we are at right now iswe started in August and we've released thewhitepaper and also have that private betawhich is what you just saw live on the testnet.
Next steps are to go through security audits which will hopefully bedone by March and then we are targeting anApril launch for the short sells plus spot trading.
Then we are going to add in optionslater and hopefully that will be around July.
So that was just a really clear work through ofhow dYdX works andas you can see it's live on the testnet now in a private betaand we'll probably open it up at some point in the future.
Thanks fortaking a look. I'll be around the rest of the time ifyou want to come talk to me.
Email is Antonio@dydx.exchangeand we are hiring. Reach out to me if you are interested.
What if I told you there was a new digitalcoin that married the best aspects of currentcryptocoins with the safety and stability of gold,the oldest continuous store of value known to humanity.
Cryptocoins in their current form have two majordrawbacks. One, volatility.You simply cannot reliably transact with a cointhat has more short-term price volatility than competingtraditional options.
Centralization. If youhave a single point of failure such as a bigdepot where a large amount of coins are stored, criminalswill find a way to exploit that weakness, hack through thesecurity and steal the coins.
But what if you could eliminate thatprice volatility by tying a digital cointo an asset that has real, stable andhistorical value like gold.
What if that gold digitalcoin was traded person to person without any centralizedintermediary like a bank or other institution inthe way.
You would have created arevolution in digital coins.
This isexactly what Digix has done.
Digix hastaken all of the innovative realitiesin a current digital coin, the blockchain, transactionalprivacy, minimal transfer fees and backedit up with the world's oldest and longest standingstore of value, gold.
With the Digixtokens, you own actual physical gold stored in avault in Singapore, one of the world's safestand most private locations in the world.
You can redeemyour Digix tokens for physical gold any time youwish. Or you can trade your digital gold backedDigix tokens on the Ethereum blockchainfor goods, services or other digital assets.
And because Digix tokens are transactedperson to person, there is no centralized depot forcriminals or hackers to exploit.
So if you have afamily member that you want to send money to, Digix tokens give you away to send value to them that can go acrossthe world without any bank or other intermediarygetting in the way.
Or if you have a business online or you arean artist selling your art work, with Digixtokens you can accept payment from anyone, anywhere inthe world without the hassle of dealing with banks or paying their bloatedfees.
Digix tokens are the next evolutionof digital coins, marrying the best of thenew way of sending value person to person,anywhere in the world, instantly without any intermediary.
And with the stability and peace of mindof the world's oldest currency,gold.
Introducing0xFutures, the first peer to peer platformto trade future contracts running on the blockchain.
Meet Paul. Paul is a developer who gets paid inbitcoin. Paul loves his bitcoin but he hatesto see the price go up and down especially whenit goes down. He would love to have a way to stabilizehis bitcoin holding and to keep the same value overtime.
Meet Lucy. Lucy is amega crypto enthusiast and really thinks that this thing isgoing to the moon. So she would liketo put her crypto to work to take aleveraged position.
If the pricemoves, she will make even more money.
Enter0xFutures which is a fullydecentralized trading platform where Paul and Lucycan create a smart contract that will track theprice of any asset. Bitcoin,ethereum, gold or anything elsereally.
In their case it will be bitcoin.
With 0xFutures, every future contract is asmart contract running on the ethereum blockchain between the twoparticipants. This means that the funds arenot held by a 3rd party but bythe smart contract itself.
This makes 0xFuturesdecentralized, peer to peer andtrustless.
Here is how it works.
Let's say thatPaul wants to create a contractthat tracks the price of bitcoin. He can either be long if hethinks that the price is goingup or be short if he thinks the price is going to go down.
Sincehe wants to stabilize his bitcoin holdings,he will be on the short side. He then sets the contractamount, that's the money that is inplay.
0xFutures uses the DAI ascollateral. The DAI is a stable token that doesn'tfluxuate over time. One DAI isworth $1.
Let's say he sets the contractamount to be 100 DAI which is the equivelentof $100.
So Paul creates asmart contract using 0xFutures that will beliving on the ethereum blockchain.
Now Lucywants to join this contract and takePaul's opposite position by goingon the long side.
If the price ofbitcoin goes up by let's say30%, then Lucy who is long will be up by 30%.
If in the contrary the price of bitcoin goesdown by X%, then it'sPaul who will see his share increase by the sameamount.
At some point Paul may want to take his profit or lossand release his DAI's from the contract.He can do so by selling his side of the contract to anotheruser who will replace him.
Once the contract hasbeen rolled, Paul receives his fundsheld in the contract directly to his wallet.
With0xFutures, every trade is its own smartcontract on the ethereum blockchainbetween two people.
There is no custodian,no centralized system and no counterpartyrisk.
On this video we are going to be talking aboutCompound.Finance
Compound.Finance is a borrowing platform allowing you tolend and borrow cryptocurrenciesin a fully decentralized manner.
The platform allows you toborrow regular cryptocurrencies like BATand stablecoins such as DAI which are pegged to theUSD.
We'll be taking a look at their current platform withMike and also possiblydoingsomeborrowingof our own.
Let's go take a look at Compound.Financewith Mike.
So nowwe are going to talk about Compound.Finance
This is a lending platform.It's a lending and borrowing platform that has its own decentralizedprotocol for holding onto assetsand letting people borrow.
As you see it's a dApp,so you connect with Metamask. Thisis the app and usually when you signin... This message isn't up here...
Sotheyhad an issue where there was a vulnerabilityfound by a communitymember. They are swappingout some of the contracts and lookingat auditing some of the relationships that happen between the frontendand backend.
Have youearned interest on the money?
So we lent $23originally.And on a variable 9.5%APR we havemade 5 cents.
When did you do this?
Acouple weeks ago.
So you can earn money over time lending outETH or DAI in this case for you to other people.DAI is basically just dollars. You lend it out and youearn interest. 8% a year.
But you said before itwas more.
Before it wasaround 15%.It changes, it goes upand down.
Based on what?
It's based off of the collaterlizationthat's being supplied as well asthe price of the underlying asset.
Itreminds me of MakerDAO.
Ithas a lot of commonpieces.
The interest is supersimple. Easy to use as well. I wish theborrowing activity wasn't pausedso you could look. But you can go in andcheck out the data.
Either send in to one of the collateralizersor borrow.
I think it's really fascinatingbecause withtraditional assets, you put your house up ascollateral. But they have to do a lot of research around who has liens on thathouseetc. And you can basicallycome in and take[inaudible] somethinglike security tokens.
Collateralizeit. It's immediately authenticated through the blockchain like it isnow.
Now Itake out money, Iborrow a certain amount and if I don't pay itback in enough time or something happens to the value ofmy house,then I get liquidated etc.
That's how CDPs work. I think the more platforms that come outlike this is really fascinating. Themore we can get real world assets on the blockchain that areverified, the cooler platforms like this can become.
Andthe rules won't change.It's not like somebody in some part of the basketdown the line changed how their particularfinancing is working and it has this huge affect that changes what you areborrowing and one day you go to consolidate your loansand everything is messed up because somebody insome basket messed something up.
Becauseit is blockchain, because it is a smart contract, thelogic governing it stays the same. The rules don'tchange.
Weare very much at an incubationstage. As we see here, the borrowingis down now and there is a bit of chaos here becausethere was a vulnerabilityin the smartcontract.
That can happen aswe are at the very early stages.I think when it matures it'll bereally awesome.
What isthe risk modeling? Instead of[inaudible] nowwe are dealing with technology hazards.
What happens if thecore protocol has an issue? Whotakes care of making peoplewhole?
If you're watching this, you are amongthe 2% of people that understand that the future of tradingassets is going to look very different from how it looks now.
Takereal estate for example. Big chunky illiquidinvestments dominated by a select fewwith a tremendous amount of money being redirected to middlemen.
That's going to change.
MeetBlockimmo, a blockchain powered real estate platform.Our platform enables investments in properties, fundraising for developmentprojects and traditional private propertyexchanges.
For all three we cut out middlemen,resulting in an efficient and decentralized system so that thevalue stays between the key parties involved.
You are probably thinking blockchain is crypto, right? It's all justspeculation and talk of innovation without any realexecution.
Wrong. That's where wecome in.
Blockchain will change every area in ourlives. We are coding the future. We are leveraging thetechnology. We are investing in our skill setevery day with simplified and streamlined real estate.With a system of smart contracts on the ethereum blockchain,the foundation of our software stack.
Thisenables a simple, robust platform.
Security is a top priority. We've architected andimplemented each layer in our stack with ourusers safety in mind. We've battle testing our software with aseries of external audits and an on-goingbug bounty.
We stay curious. Wetrain our brain every day and hire only a selectfew. The ones with the right fundamental rightset.
Even so, we are able to grow exponentiallythrough smartly executingtechnology.
Our aim is to bridge the technology gap between blockchain andthe user and our strategy issimple.
Constantly iterate and ship.
By improving andsimplifying the user experience on adaily basis, we bridge the tech gap and deliver truevalue to our users.
Within the blockchainecosystem, it's time to get shit done and that's exactly what we'vebeen doing.
We will keep building and improving the awesomeness of thetechnology. But it's going to be productfirst.
So this is really happening? Yes.Do you think you'll adopt when the time comes?
Thinkagain. The time has come and you can be part ofit today.
Join us as a team member, as a client,as an investor or as a partner.
Blockimmo,join the real estate platform ofthe future today.
Money,we alluse it, but what is it? We carry it aroundand exchange it for the stuff we need. And keep someback for a rainy day. We trust that one piece of money isthe same as any other. And we hope that what we have today isnot worth less than it was yesterday.
Becausemoney having to perform so many differentfunctions, it's no surprise that it has taken on so many differentforms.
As money evolves, wearrive at bitcoin. Created without a centralauthority is less vulnerable toissuance corruption than standard fiat money.
With this uniquecommissionless nature, it redefines what moneyis and what it can do. But it's not quiteperfect money.
Bitcoin's fixed supplycreates a speculative investmentand with that a money with a high degree ofvolatility.
DIA is a solution to that volatility. A cryptocurrencyusing collateral to back its value and interest ratemechanisms to stabilize its price.
DAI is created by locking collateral withMaker, a decentralized platform on the ethereumblockchain.
Together,currency collateralization and interest adjustmentsensure DIA has low volatilityagainst its external reference point, the US Dollar.
OmiseGO is one of thoseprojects that so many people areexcited about.
We are building a decentralizedexchange network that's going to connect different payment systemstogether.
My name isCasima and I'm the director of engineering for Plasma here at OmiseGO.
So what is Plasma?Plasma is basically an architectureframework for scaling blockchains.
The goal is to be able to do billions of state updatesper second on this network which is publicallyaccountable on the public chain.
The nice thing about Plasmais it doesn't require any changes to the ethereum base layer.So pretty much anyone can spin off a Plama system whenever.
This version is working on the official[inaudible] network that is created by OmiseGO.It supports ERC20 tokens.
What do you do have OmiseGO?I'm taking care of the [inaudible]. That sounds like a bigresponsibility. Yes.
Sowe are OmiseGO the big core challenge we are trying toaddress is financial inclusion. How do you make paymentsthrough wallets available toeveryone in aneasy to understand manner.
I think what's missing a lot in the blockchainspace is how doyou just make it accessible to normal people?And I think [inaudible] in terms of the identity and KYCand key management, those are all going to helpaddress a lot of [inaudible] issues.
Ilooked at OmiseGO last summer when I saw thatVitalik was meeting with the Central Bank of Thailand.The more I learned about OmiseGO, the morethe [inaudible] pervious work and really resonated with me.
I was sold. I really wanted to be a part of thisproject.
MarketProtocol, redefining the financial landscape through blockchaintechnology.
Typically investors andtraders have two goals, to generate wealth and protect thewealth they already have. But most people around theworld can't access high qualityaccess, hedge or manage riskor invest safely or build wealth resulting inunnecessary risks and lost opportunity.
Market Protocol tackles thisproblem head on by enabling digital tokens that track a variety ofassets. With it a person in the Philippinescould invest in the US stock index. Someone in Venezuelacould access the reserve currency. Or aspeculator could profit from a decline in Litecoinor Monero.
Our technologyincorporates the security, transparency andaccessibility of the ethereum blockchain,removing centralized intermediaries and marketinefficiencies.
Our digital tokens are easily tradeableand follow the ERC20 standard.Enabling exchanges and applications to provideusers with new trading opportunities and asset classes.
Tokenized assets have takenoff mostly as USD stablecoins butthis is just the beginning.
We plan to launchtokens representing everything from oil andstocks to synthetic crypto.
Market Protocol can create digital tokensfor any asset. With it, we have anopportunity to define a global marketby delivering access and value to anyone intheworld.
In this video I'll go over the basics ofRequest Network. The Request Network is a decentralizedpayment system which focuses on innovating in theareas of transaction cost,accounting, regulation and usability.
Request is an ERC20token based on the ethereum blockchain.In order to initiatie payments on Request, the potentialrecipient of funds requests an invoice from the payerand when the payer detects the request they can pay with one click.
The recipient then receives theircurrency.
Whenever a currency is sent on the Request network,a fee is charged. A small portion of the fee is alsoburned. The amount of currency burned is determined by thecurrent supply and exchange rate.
The structure of theRequest network consists of three layers. The core layerhandles consensus of the states of transactions on theledger. This takes place on the ethereum blockchain.
The extension layer adds rules that can be addedto requests, this can be implementingtrade laws for a region or collecting taxes on transactions.
The third layer is the application layer which takes place outside of theblockchain where 3rd party companies canaccess information by connecting to the Requestnetwork.
This can be used to access invoices to initiatepayments, audit transaction history or any other type of accountingactivity.
Some usecases for the Request network described in the whitepaper are realtimeglobal accounting, automatic taxcollection, international payments, machine to machinetransactions and a cheaper alternative to payment systems such asPaypal.
A traditional loan takes a lot oftime and paperwork at the bank. Creditsystems often neglect first time borrowers,young people and citizens of developing regions.
Also the interest rates differ widelyaround the world, discriminating people in highinterest countries.
ETHLend connects lenders and borrowers all around theglobe using blockchain technology.This creates a decentralized lending market whereeveryone can participate. Enabling competitiveinterest rates determined by thefree market.
Katherine uses ETHLendand receives interest payments by lending money to peopleall around the globe including Sandeepin India who has a great credit profile.
Within afew minutes, Sandeep is able to receive a competitiveloan. The loan agreement is legally bindingand the funds transfer within seconds, securelyhandled through self executingcontracts called Smart Contracts.
They even storeloan collateral. Now Sandeep can improve his business.
Helater repays the loanto Katherine who enjoys thesafe profit she has made with the interest payment during her holidayon Mauritius.
Now Sandeep'sbusiness flourishes and he too because anETH lender.
Forasmuch potential that peopel say blockchain and cryptocurrency has,we aren't seeing a lot of that materialize as itstands. Because the spaceis an absolute mess. Something needsto change before this technology breaks into themainstream.
This is exactly what we are trying to dowith Token.
Iwas first introduced to bitcoin by achildhood friend of mine who was a realtechnologist. And this for me was amoment where it clicked. Maybe this bitcoin thingcould actually change something.
I took the big step to leaveuniversity to pursue something in theindustry.
Myselfand [inaudible] met in Taiwan. I think we really connectedbecause he essentially opened my eyes to what was possiblewith the advent ofethereum.
There were these very early ethereum projects like Digixand Maker who were making tokensthat we thought could really impact the livesof people across the world.
Myselfand Mal had multiple ideas ofthings we could do with ethereum but TokenCard justmade sense on a practical levelbecause it was something that was currently neededwithin this space.
I mean an actual way to usetokens.
There is this massive[inaudible] between people like us and the rest of the world who can't use thisstuff. What we wanted to do wastry and build a bridge to cross that[inaudible].
We had a few initial conversationswith VCs. I'd say at the time we were way tooearly for traditional funding routes becauseethereum wasn't a concept that waswell understood. Blockchain was just sort ofbecoming the buzzword withinfinance.
Thankfully we had a bit of a planB where we thought the onlypeople in the world who cared as much abour our idea that we did was theethereum community itself.
Our idea resonatesso well with almost everyone inthis space that it only took a few weeks for usto build a very strong community.
If you think about how start-upsnormally get funded, you would haveoversight over how you are using funds andchannels to make sure that you are building your businessproperly.
So we're being very patient with how we arebuilding, making sure we hire the right people.And that we don't fall into a lot ofpitfalls that potentially you could fall intowith this level of independence.
Ultimatelywhat we are trying to doat token is we are trying to lead a crusade.One where people willbe able to unplug from the old systems and to takecontrolof their own financialdestiny.
The digital asset marketis worth over $12B to dateand continues to expand rapidly in value and choice.
It's getting hard to stay on top of it all.
There is no quick and easy way to track and gain exposure to thisexciting new asset class.
Melonport isthe first application to enable open,competitive and decentralized digital asset managementsolutions. As well as quick visibility and access to theperformance of other asset managers.
With Melonport,anyone will be able to easily setup and customize a portfolioon the blockchain using a Melon friendlyinterface and we really do mean anyone.
Melonportreduces management costs. Most fixed coststraditionally incurred when managing portfolios areeliminated by Melon smart contracts which automateoperations such as clearing and settlement, performancemonitoring and broadcasting your validated trackrecord.
Melonport leverages the visibilityand transparency inherent to blockchains,so that performance can be tracked giving talented managers theopportunity to be sought out and rewarded.
So whether you are anindividual or saver managing your own personaldigital portfolio or a large institutional assetmanager acting on behalf of 100s of clients,Melonport can radically simplify your workload,lower your costs and grow your reputation.
The Melonprotocol is split into two parts. Thecore and an open ever expanding universe of useful modules.
Melon Core links all asset management functions togetherand enables all transactions to be possible.
Melon Modules are optional customized functionsselected by the portfolio manager.
There are two ways youcan take part in Melonport's excitingjourney.
Anyone can contribute in the upcomingpre-sale of a fixed supply of Melon tokens to fund our nextdevelopment phase which is building out a full suiteof robust, secure asset management tools.
You'll be able to use the core protocol by paying in Melon tokens.
Developers can also build Melon modulesand earn Melon tokens proportionate to the value that their modulesadd to the network. The more useful their modules, the moregreater the rewards.
This adds to a networkeffect where the interest of tokenholders, developers and portfolio managers arebeautifully aligned, re-enforcing one another.
That's the beauty of Melonport. Bringing it alltogether.[silence][silence]
Evenifyou bought bitcoinin 2016 and kept it until 2017, you could'vemade a profit of over700% if you had kept all of those coins thatis.
Even though us bitcoiners love to hodl,chances are you've already had to sell some to pay for your bitcoinfueled lifestyle.
Imagine this,what if you could hodl bitcoin and have money to spendat the same time.
In 2017this is finally a reality withSalt.
Salt is a next generationlending platform for blockchain backed loans. Wemake it easy to get cash without having to sell your favoriteinvestment.
Here is how it works. Joining isfast and easy. With quick approval and no credit checks, the only thingyou need to get started is to purchaseSALT, built on an ERC 20 smart contract which allowsyou to purchase membership on the salt lending platform.
Once you become a member, you can put up your bitcoins andother blockchain assets as collateral and borrowmoney from our extensive network of lenders.
The application process isfast and as soon as you pay backyour loan, you get your collateral back with noearly repayment fees.
Now you can get cashto pay bills, remodel your home, buy a car oreven start a new business and your crypto is right there if you needit.