My name is aaron in todays, video were going over the top news stories of the day, including what is going on with the lrond ecosystem. I want to talk about nike getting into the metaverse. Were gon na go over ethereum. The complaints, the dissatisfaction with ethereum yet the bull case, i want to talk about ethereum, interoperators and competitors, like the amazing success. That avalanche is seeing well talk about what axi infinity is doing in different countries. Talk about floki, enu, meme coin, making partnerships bitcoin. Of course, the reason why you subscribe to this channel is because, on a daily basis, weve released at least one video updating you keeping you informed, demystifying the cryptocurrency market. So, if youre interested in making money in cryptocurrency smash the like button subscribe to the channel and lets get into it with elrond elrond has been seeing amazing success over the past several months and actually the last couple years growing out their ecosystem, bringing in users bringing In builders and ultimately its stuff like this is why i tend to like elrond for an ethereum competitor. Interoperator elrond announces a groundbreaking 1.29 billion with a b dollars liquidity incentive program for their mayor dex, so elrond as you may or may not know getting into d5, and this will surely attract people supplying liquidity and all sorts of stuff. With this liquidity incentive program, what you need to know is this elrond, the high throughput blockchain that can scale beyond 100 000 transactions per second at low latency and negligible costs has announced a one billion dollar liquidity incentive program to supercharge the launch of their mayor.

Dex d5 platform: this is perhaps the largest defy incentive program to date and represents a strong step towards pushing defy adoption beyond the current boundaries of the cryptocurrency space into the mainstream. The incentives will be denominated in max the mayor, dex utility and governance. Token, like the uni token, therefore, 1.29 billion dollars worth of max tokens, of which 282 million in the first month will be distributed to the mayor, dex users who provide liquidity in e gold, mechs and usdc tokens by distributing mayor dex ownership to the next billion users. We lay the foundation for a truly global financial system that is accessible to everyone everywhere, according to bennyman minku elrond, ceo and co, founder by the way this is already live as of a few days ago. November 19th. I guess the point is we can look at other ethereum, interoperators and competitors like what avalanche is doing right now and has been doing for the last couple months. I think they did this with solana. All kinds of liquidity incentive programs have been launched over the past year and guess what it does it incentivizes liquidity people come into the ecosystem because they want those yields. So this is very good for elrond. I look forward to seeing how their defy ecosystem continues to develop nike getting into the metaverse in a big way. Nike just buy it. They want to bring sneakerheads into the metaverse and you will buy them because nike knows how to make you want them.

Lets find out some details on this story. Look at your feet. A lot of you are wearing nikes right now. Let me know if youre wearing nikes in the comments below for the fiscal year ending may 31st 2021 nike reported its revenue was up 19 to 44 billion for the year, but thats here. What about the metaverse? Why nike is interested in the metaverse? This is no joke. Nike has very serious interests in getting into the metaverse patent filings date way back to pre metaverse universe in 2018. We were reporting this to you at the time. Patents that theyve been filing since 2018 reveal the nike has seriously been stockpiling the tools with which it can do business in the metaverse. These digital tools will include sneakers, but also avatars and other forms of virtual branding. Nike intends to sell you digital products and you will buy them because nike knows how to make you want them. I mean you can understand that in the metaverse, these huge brands. These huge corporations, like nike, like supreme, like the thousands of others theyre, going to want to sell you virtual goods in the metaverse and its going to be cool to wear certain goods in the metaverse and nike, wants a piece of that theyve been filing patents. For this, for a long time when theyre ready, theyre going to launch in a big deal and itll seem like it just came overnight, but make no mistake about it.

Its stuff like this, that is the future and because were in tune with this at an early stage. We can kind of see where the world is trending. I mean case in point time: magazine will hold ethereum on their balance sheet as part of a new deal. Time magazine has sealed a new deal that will see the media giant hold ethereum on its balance sheets. The deal marks another of times forays into the cryptocurrency space. It is one of the leading voices in the media publishing space, as the magazine is almost 100 years old. The magazine, which is infamous for its lists, will be adding more cryptocurrency to its balance sheet. Thanks to a new partnership with galaxy digital looks like old, mikey novogratz is behind this one. Although this is not the first time, the time magazine will be adding crypto to its balance sheet. I believe theyve already added bitcoin. It will be the first time it is adding ethereum and were seeing it be one of the first companies to add ethereum to its balance sheet in general. This is hugely bullish for ethereum. Now i dont know if youve been on crypto twitter lately, but i also think that were living in the golden age of dissatisfaction for ethereum people are complaining about the gas fees i mean thats, probably the utmost complaint people are dissatisfied, they say ethereum is for the Rich and that is partially true, now the complaints around ethereum at this time.

You know near the end of 2021 kind of remind me about the complaints that bitcoin was getting around mid 2017, where everybody was saying fees on bitcoin are too high its never gon na. You know be good, there are better options and certainly plenty of other better options presented themselves at the time for big gains, but we did not count bitcoin out and that was the wrong move. Counting bitcoin out. I think ethereum is going to blow past its all time high in a big way, and i think ethereum, inter operators and competitors like avalanche, like cardano, like solana like elrond, will also do really well as well. I think only more companies are going to put ethereum on their balance sheet and just this chart specifically 2017 versus 2021 ethereum. Yes, were seeing some volatility, but were seeing plenty of similar volatility in 2017 and the thing continued to run. So nobody knows the future, but im still bullish on ethereum, despite the dissatisfaction and, of course, for almost probably over a year now. You know my personal investors thesis as long as ethereum is doing well and favored uh ethereum interoperators will do well and will be favored playing out like clockwork avalanche slides into top 10, as users complain about gas fees yeah. We just talked about this. People are looking for alternatives to ethereum and avalanches, cheap and fast. Blockchain offers an enticing alternative, just like what elrond just announced not exactly the same but theyre, providing all sorts of incentives to come on over to the avalanche ecosystem and people want to take a piece of that and get the yield and get the incentives and were Seeing real users use avalanche and thats, why its doing so well and weve seen that with solana and plenty of others bitcoin twitter expands, bitcoin, lightning tips feature for android, so social media platform.

Twitter has expanded its bitcoin lightning tips, feature for android users launched in september 2021 for apple ios. The feature allows users to set up a bitcoin lightning address to receive tips for their followers. So, if youre on android, if youre on apple or ios, now you can set up the feature on twitter to get tipped or tip people in bitcoin, pretty cool venezuela is promising axi infinity scholarships for crypto training courses. The initiative is part of the this particular digital program, which aims to fast track growth and induce economic stability in the country. So venezuela is one of those countries thats moving into crypto in a big way in multitude of ways. Now one thing theyre doing is crypto training courses, educational courses and axi. Infinity is one of four entities that are funding this one uh. This is surely good for crypto in general in venezuela, certainly good for actually infinity bitcoin in general. This is an exciting time to be in this space, huge win for floki enu. Before we get to more altcoins. Let me take 60 seconds and turn you on to a major opportunity that most people in crypto do not realize they can take advantage of. This can benefit most crypto holders and traders greatly, and this opportunity is through a sponsor of ours: choice app. So if youre unfamiliar choice app enables you to buy bitcoin, ethereum and thousands of other traditional assets, including 22, and counting crypto assets without having to pay a dime in capital gains tax.

This is huge, so choice app offers more crypto assets than actually any other retirement. App, they offer bitcoin ethereum, ave, cosmos, polka, dot, chain, link, maker solana, uniswap youre in finance and many many more, and they will continue to add more in the future. You can hold your own keys, their fees are low and highly competitive. You can hold, and trade cryptocurrency with no capital gains tax if you think that your bitcoin ethereum and other crypto assets are going to be worth a lot of money in the long term, why not put a portion of your stack into choice app so that when Youre ready to cash out, you will not have to pay any capital gains tax. Your future self will. Thank you. In my opinion, choice is the best retirement ira app on the market today, for crypto holders use the link in the description and get fifty dollars in free bitcoin. When you start your choice app account today huge win for floki enu, huge win for meme coins everywhere. Floki inu signed sponsorship deal with indian soccer club kerala blasters memecoin floki inu has signed a sleeve sponsorship deal with the blasters one of the top soccer clubs in india. Flokis twitter account announced this yesterday that the coin had successfully secured an official partnership with the indian soccer club blasters with the deal floki enus logo and website will be featured on the blasters kit sleeves in the new indian super league season.

The deal which goes into effect immediately will also have floki enus brand being led displayed during the home games at the teams capacity stadium, so yeah. A huge win for floki huge win for meme coins, interesting partnership with the blasters looking forward to seeing how this develops square cash, app square releases, white paper for decentralized, bitcoin exchange, sure you can buy bitcoin on the cash app run by square. But what if you could swap it via a decentralized exchange built by square? I think this is really cool uh. Obviously, this is just great for bitcoin. A lot of people are saying. Well, this is stuff that you can already do on ethereum. Why not? Just you know: do it with ethereum and of course, jack dorsey is a big bitcoin believer and he wants to build this stuff up for bitcoin. For that we salute you awesome to see. Oh real, quick, i forgot to mention blockchain would really appreciate it. If you would vote for us on actually the two categories that were nominated for one best news source, we won last year, wed love to keep the momentum going, would really appreciate the vote by the way.