Key Takeaways From Crypto Expert and Token Guru Eloisa Marchesoni
About Eloisa Marchesoni: She is a crypto-entrepreneur, digital nomad, tokenomics specialist, tech firm angel, a crypto investor in fixed passive income, and an independent consultant. In addition, she is a member of several blockchain-related organizations, including the newly formed GMI Super PAC. She had an excellent academic career at Bocconi University in Milan, Italy; nonetheless, she became tired of becoming the institution’s traditional valedictorian and concluded that this was not the position she sought. Initial coin offers (ICOs) were only starting to gain prominence at the time. She had previously purchased a few cryptocurrencies but was waiting for the initial coin offering bubble to collapse before she could begin working as a token model artist in the cryptocurrency business. She had expected to pursue a management consulting job with McKinsey. Thus, this was a significant deviation from her original goals.
She got acquainted with Giacomo Arcaro and the rest of his growth hacking team in subsequent years. After polishing their skills together, they began a career in innovation consulting management, carefully monitoring the crypto industry’s evolution. She is now focusing on DeFi, NFTs, and projects geared to assist the general adoption of blockchain technology and its enabling applications. She has been interested in the crypto world since she was a child, mainly owing to the chance that it would one day make the world a more pleasant place to live. She also enjoys seeing the never-ending growth of a new unbroken chain of innovation and efficiency backed by a vast array of extraordinary projects.
“With Ethereum it’s the underlying blockchain. So, Ethereum has two things – you can use it as a payment system, you can use it as a store of value.”
“So Ethereum and Bitcoin are different. Bitcoin to me is just a store of value.”
— Carl Icahn
— Eloisa Marchesoni (@eloisamarcheson) August 28, 2022
ICOs, STOs, and IEOs are all alternate token-based fundraising mechanisms. Unfortunately, the regulatory difficulties associated with these fundraising methods are constantly evolving, necessitating businesses to make regular and significant efforts to keep up with the process to be legal. For instance, one of the most severe issues that might develop with initial coin offerings (ICOs) is a decrease in market acceptance due to scams and frauds. In addition, the issuer is responsible for handling all associated logistics, including KYC verifications; however, the issuer cannot directly offer investors the option to earn returns on their investments.
Also read: Answering the burning questions of “Crypto Mining.”
The IEOs struggle to get authorization from the necessary authorities. In conclusion, the STO model, which arose as an alternative to the ICO model, necessitates a significant financial and time investment to comply with [the relevant legislation]. In addition, it does not give any privacy and restricts access to the offering for possible investors. In order to evaluate the worth of a token and minimize the chance of loss to the maximum degree feasible, it is necessary to do the following steps:
Allocation and distribution of tokens involve examining how tickets are distributed and identifying whether there is a wallet that routinely hoards a substantial share of the total number of tokens in circulation. Due to this, there is a big chance that the whale may offload their holdings, causing the token’s price to plummet drastically in a single moment.
The future potential worth of a token is determined in part by its circulating quantity and market capitalization. A coin’s potential value is impacted by its market capitalization and supply size.
Token model—does it make sense?
In addition, you should inquire about the project’s team members and their previous experiences. How bitcoin firms are established will alter as a consequence of new regulations. Either they must develop market influence by collaborating with more prominent crypto firms with existing ties with regulatory organizations or cultivate market influence by partnering with larger crypto companies with established relationships with regulatory bodies. In order to grow market influence, a business must amass a sizable client base, which might earn it a place at the policy-making table.
There is an essential need for international collaboration and cooperation to solve the technological, legal, regulatory, and supervisory challenges. Establishing a comprehensive, consistent, and well-coordinated regulatory framework for cryptocurrencies is challenging. However, if we get a good start now, we can achieve the policy objective of keeping financial stability while simultaneously enjoying the benefits of the underlying technological developments.
Web3 is a rebranding of blockchain and cryptocurrency technologies. The idea revolves around a worldwide network of computers that can interact, confirm and record transactions without human intervention or centralized control, and use decentralized ledgers. Long-term, it has the potential to have a significant beneficial impact. The growth of technologies such as distributed ledgers and blockchain storage will enable the decentralization of data and create a transparent and secure environment. Web 3.0 will allow users to regain ownership over their data, ending centralized platforms’ data hegemony and exploitation practices. In contrast to the current Web 2.0 environment, characterized by centralized platforms that store and commercialize user data, the Web 3.0 landscape promises a more open, transparent, and decentralized future. Ethereum employs an approach that is both sustainable and function-oriented. Since it is an open-source network, developers can create new projects on the blockchain. Decentralized finance (DeFi) and a marketplace for non-fungible tokens (NFT) are two of the most well-known examples of decentralized application development endeavors. Consequently, the ramifications for Ethereum’s future are almost endless.
Also, read – Top 5 Investors In Blockchain Firms In 2022
As each of these decentralized apps (dApps) needs the use of ether, Ethereum will benefit if any of them become popular, even if ether itself does not become a primary form of currency. Vitalik Buterin, who participated in the construction of Ethereum and was one of its initial developers, has said that after the transition to Ethereum 2.0, the network may execute up to 100,000 transactions per second. These shortened transaction times may aid Ethereum in scaling, increasing the cryptocurrency’s prospects of gaining widespread acceptance. In her work as a young entrepreneur, she attempts to use as many various venues as possible to communicate her viewpoints on crypto investments, particularly on Twitter, where she discusses the bulk of her thoughts on finance in general and the future of blockchain technology.
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