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📺 Ren Video 👉
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– TIMESTAMPS –
0:00 Intro
1:42 My Investment Methodology
3:20 Pick Number 1
7:35 Pick Number 2
11:35 Pick Number 3
15:50 Pick Number 4
20:50 Conclusion
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Ren Website:
► Ren Bridge:
► Kava Website:
► Melon Protocol:
► Melon Docs:
► Defi Money Market:
► Defi Money Market Docs:
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1️⃣ Ren 1️⃣
Ren is a decentralised interoperbility protocol that is trying to bring together different blockchain ecosystems. More specifically, they are developing a solution whereby you can transfer value from one blockchain to the other.
This is all done through the use of what is called the ‘Ren Virtual Machine’ or the RenVM. This Virtual machine will basically allow users to convert cryptocurrencies such as Bitcoin, Bitcoin Cash or Zcash into an ERC20 equivalent (one-for-one) on the Ethereum blockchain.
Ren has a native token. This is an ERC20 token and it powers the Ren Network. There is a max supply of 1 billion REN with a circulating supply of a little less than 870 million.
Each node needs to supply 100,000 Ren in order to take part in the network and earn fees. Not only is there an incentive for these node operators to buy the token to stake, but you also have the effect of the locked up supply on the market.
2️⃣ Kava 2️⃣
Kava is a cross-chain CDP platform that has been built on the Cosmos blockchain using the Cosmos SDK. Currently, the platform offers stablecoin issuance and crypto lending functionality.
In this way, you can think of it as quite similar to the mechanics of MakerDao with their DAI stablecoin. Users who deposit collateral in these CDPs will be minting Kava’s USDX stablecoin.
Now of course, it is worth pointing out that Kava has only just launched their minting platform and currently they are only accepting BNB as collateral. However, they will be listing Bitcoin and XRP real soon.
The Kava token functions as a governance and utility token on the platform. Not only does it confer voting rights to those that hold it but it is also possible to earn staking rewards.
3️⃣ Melon Protocol 3️⃣
Melon is an Ethereum based project that is looking to totally revolutionise the asset management industry. It is a fully decentralised asset management protocol which allows people to invest or manage a fund.
Asset managers can create their own funds on chain at only a fraction of the cost that is required for traditional funds. Once these funds are set up, investors can then observe them.
The Melon Token (MLN) is an Ethereum based token that creates a direct link between the use of the protocol and the value of the token. A utility token that gets its value from utility use.
There are three functions within the Melon protocol that require this gas in order to be executed. These are:
– Setting up the fund initially
– Investing in that Fund
– And claiming fees generated
The MLN token also has a pretty low market cap which means that it has quite a lot of price potential should it garner more attention.
4️⃣ Defi Money Market 4️⃣
The Defi money market provides a trust-minimized, transparent, and permissionless environment on the Ethereum blockchain that empowers users across the world to earn a positive yield through digital assets backed by a basket of interest-generating real-world assets brought on-chain.
The DMM owns over 8 million dollars worth of cars. These cars are then loaned out to people and interest is earned on these loans. This interest is then dispursed to those who have supplied token liquidity to the DMM ecosystem.
It is providing something that most other DeFi lending protocols are not – yield that is generated from real world assets.
The DMG token sale started at 16 cents for the private investors. The Initial Dex Offering started at 36 cents and is now selling for about 1.25 dollars per token.
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📜 Disclaimer 📜
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 Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Crypto #Defi #Ethereum #Ren #Kava #MLN #DMG #cryptocurrency
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Glad you guys are liking the video! As I mentioned, I have subsequently added some of these to my portfolio after the video went out. If you want to know how I did it and where, jump into my Telegram channel where I explain it 👉 https://t.me/cbinsider
Thank u sir Great insight very much appreciate your thoughts
🖕🖕He gain me access to his device. All thanks to him. He is a certified pro. I recommend him to you all
🖕🖕He gain me access to his device. All thanks to him. He is a certified pro. I recommend him to you all
DMG or DMM had already ceased operations. I hope guy remove this video or removed the last part.
I'm watching this a year after it was posted and 3 out of 4 have done more than 100X. Needless to say I smashed that notification bell.
DMM DMG was a terrible pick
I make huge profits on my investment since I started trading with Mrs Catherine Bruce her trading strategies are top notch coupled with the little commission she charges on her trade
Every single coin he talked about he never invested in and they all did shit
dmm is dead now lmao
Need a new video for current 100x potential coins.
DMM went out of business 😀
This gem was so much potential! VAMPDOGE is a new trend!
Come join the Blood Legion and take part in its revenge against its father Doge and little brother BabyDoge..
If you've missed out on the ETH, BTC or Doge train to make money. Please check out the newly released token- Baby Moon Wolf which is a Binance Smart Chain token.
It is only about a month old project. Has a great team promoting it as a community token. Current holders: 24k. It's listed on CoinMarketCap and Coingecko websites. This crypto DeFi token is not a scam as i've checked it for rugpull potential with DexTools and Poocoin. I have my own money invested in it. Since it has a good team and community behind it, it can potentially be the next Dogecoin. Im pretty confident Baby Moon Wolf will go 100x in a month with this much advertising and future merch stores being planned.
Gracias guy
His picks:
1. Ren.
2. Kava.
3. Melon.
4. DMM.
Votecoin VOT
Good video
Kava Rune. Omg. Grt. Fil.
You’re welcome.
Kava is the best of these….. by far.
Surprised AAVE didn’t make the top list 🧐🧐
I heard DINU is going to be the next SHIB? Do you think that is true? Thanks
Very bad recommendations. lol still good work on info.
Bafe io please
I am wondering why a dead project is still pumping today.. $DMM
vechain to the MOON soon get ready VET Vechain!!!!!!!! ADA4x in notime REEF FINANCE 20x new crypto get some before its to late
Ok, can we now talk about the DMM exit scam? RIP…
I just checked all these coins. He uploded this video on August 2020 and these coins where supposed to go 100x. But at best they went 3-5x and one coin went DOWN 18x!!
It would be better to just have ETH.
Great analysis! I have been really liking $OCTA & $MOONTOKEN. Both great coins & long term projects, with big gains potential.
Please DYOR before investing. Just peeped on DMG (@DMMDAO) and they not only shut down after a nasty SEC investigation, but they actively lied on their twitter and encouraged people to invest a day after receiving a federal subpoena.
Also, always look at the linked in page for the Dev team. DMM dao had a team with shit credentials, including a fake CEO who removed the entire project from his work history and a head tech who had no real education and worked at a tire shop.
Do.
Your.
Own.
Research.
wow i always serach along when you mention something, so DMM is ceasing operations sadface. could you please cover this topic so crypto noobs like me can also take a look at the dark side of the moon? :)))
is MLN still MLN? I can only find Enzyme when i search for MLN
RIP DMM
Thanks for your review. For assistance; W~H~A~T~S~A~P~P~~ ONLY: 1~4~4~0<<7~4~5>5~3~4~9.