What Are The Best Metaverse Tokens To Invest In?

What Are The Best Metaverse Tokens To Invest In?

With Facebook changing its name to Meta and top investor Cathie Wood CEO of Ask Invest predicting that the future market value of metaverse would be in trillions of dollars, is it worth ‘getting in on the ground floor’ and investing in metaverse tokens? It’s worth having an investor approach, of course, not just being swept along by these headline announcements, but in such an innovative technology how do you decide what’s worth investing in? We’ve therefore compiled a watchlist of metaverse tokens that we believe will play a significant role in realizing the metaverse’s potential to become a trillion-dollar industry.

But just as importantly we’ve set our stall out by asking investors to consider metaverse tokens in terms of the wider thesis about what adds value from a web3 perspective. Apart from having a clear purpose or problem they are trying to solve, not just a white paper and a cute explainer video, they need to have a strong community foundation. Of course, every crypto startup talks the talk when it comes to community. But having a Discord server busy with airdrops and users waiting for the next price pump isn’t going to make it in the longer term. What is worth looking for when assessing which metaverse project to invest in is the degree to which they are actually community-owned, and how well they share the revenue and the control with their users.

 

Zilliqa (ZIL)

Flying somewhat under the radar has been Layer 1 blockchain Zilliqa, notable as the first Layer 1 to use sharding to solve the blockchain scaling problem that Ethereum has faced. What’s interesting is that with a recent change in leadership, and a new CEO with Ben Livshits who comes from the Brave browser, Zilliqa has already announced that is launching its own metaverse, ‘Metapolis’.

The obvious challenge for Metapolis will be its competitors Decentraland and Sandbox that currently have captured the majority of the blockchain metaverse users. Despite the current depressed value of the ZIL in 2022, the plans for a landmark event at the start of April, built around Zilliqa’s “position as the first layer-1 to build multiple commercial avenues of Web3” look exciting. The Q2 landmark event, which is built around Zilliqa’s “position as the first layer-1 to build multiple commercial avenues of Web3” is also a great opportunity for the Zilliqa team to organize PR and messaging – getting the consistency in messaging and confidence in its delivery should be a significant driver in the value of the ZIL token. The price of the token has been on a downward decline from a price on CMC of $0.2376 in mid-April 2021 to $0.0456 on 22 March 2022. But by the same token, this could be an ideal time to buy the dip in light of the Metapolis launch, the succession of new hires being announced, and the publicity surrounding the event itself.

It’s instructive that Ethereum’s co-founder Joseph Lubin recently criticized Zilliqa rival Solana for over-generous rewards to users validating transactions on the network. Solana Labs responded that “simply looking at protocol revenue doesn’t tell the full story of the long-term performance” of a blockchain’s economic model. That also begs the question as to whether in the longer term Zilliqa sufficiently incentivizes its mining community. After all the key to web3 isn’t merely community-engaged, but community ‘ownership’ in terms of the token structure and for governance.

 

Axie Infinity (AXS)

The growth of play-to-earn gaming, led by Axie Infinity, where engagement with a younger generation of gamers in countries like the Philippines shows how this can make a real financial difference to people’s lives. This is also why the role of DeFi in the metaverse, can be so important in providing people with a low-cost way to earn, save and send money from person to person. Back in October last year it hit a $3 billion equity valuation. Token Terminal estimates AXS is driving about $28.9 million in weekly revenue. Annualized, this equates to $1.5 billion in revenue, which is comparable to blockbuster games in the traditional gaming sector. Last month, Axie reduced production of its main in-game rewards to avoid what its blog post describes as “total and permanent economic collapse.” These changes should make a positive difference. However, as the chart from CoinMarketCap shows, the value appears to correlate heavily to the price of Bitcoin.

Tracking the price of AXS vs BTC (AXS: see green trend line; BTC orange trend line)

 

Decentraland (MANA)

Decentraland is an Ethereum-based blockchain-powered virtual-reality pioneer. Decentraland has the largest market capitalization in the metaverse space, and as one of the early adopters, the company is well-positioned to maintain its dominance in this space. Decentraland is divided into LAND parcels that are NFTs, and LAND ownership gives users complete control over what they build. In total there are 90,601 land parcels, and the LAND NFTs can be purchased using Decentraland’s native token MANA.

Users in Decentraland can use MANA tokens to buy and develop land, as well as some of the game’s tools to create spaces and works of art. Users are free to create whatever they want. Decentraland also holds various entertainment activities regularly, with users able to attend parties, play games, and visit digital art exhibitions. Decentraland recently hosted the world’s first multi-day music festival, with many well-known artists performing. Adding to the utility, as reported by Motley Fool, this month it will host Metaverse Fashion Week from March 24–27, featuring global brands, including Tommy Hilfiger, and Dolce & Gabbana.

 

The Sandbox (SAND)

Sandbox is similar to Decentraland in that users can use SAND tokens to purchase land, build houses, and share games on the purchased land. Sandbox has announced several collaborations in recent months, including top NFT marketplace OpenSea, Snoop Dogg, and The Walking Dead. At the same time, it recently completed a US$93 million round of financing led by Softbank, a leading investor in the blockchain space. There are three billion SAND tokens, and a third of its total supply is circulating at $3.06. Compared to MANA, SAND has been hit harder by the market downturn, with a drop in the last month alone from $4.20 in early Feb to $2.90 on March 7, a 30% decrease. However, recent price aside the fundamentals suggests SAND is a good bet for the future, based on a successful implementation of their project roadmap to date.

Coming back to the guiding thesis about the importance of community ownership for the longer-term viability of metaverse tokens one of the key benefits of Sandbox is that it’s decentralized both in name and in terms of its community governance. Indeed, the play-to-earn approach type revenue is shared throughout the gaming ecosystem via tokens, while Sandbox users can earn a passive income by charging other users to access their land. With both rewards and fees paid in SAND underline how this core web3 approach to community ownership supports the value of the SAND token to investors.

 

Somnium Space (CUBE)

Somnium Space is another metaverse ecosystem BigONE believes is worth investigating. Somnium space’s goal is to create an immersive metaverse. Users can buy lands, customize their avatars, and invest in real estate in Somnium, which was founded in 2017. Gemini supports the Somnium space, and the FTX exchange recently built a metaverse headquarters on the Somnium space.

In the last month, its native token $CUBE’s price movement has been very similar to SAND’s. The market capitalization of CUBE is $59 million, with 12.5 million circulating supply out of a total supply of 100 million. Somnium Space is ideal for users to build their real estate using their builder tools and create custom avatars using the Unity SDK. In addition, in 2019 they partnered with Sony to allow users to create full embodiment avatars of themselves in minutes alongside any 3D models for Somnium Store. Sony’s VR store in Somnium Space was among the world’s first.

 

Investing in the future of the metaverse

By providing more incentives and giving back to users, the metaverse will constantly flip the script and change how things will be done. BigONE anticipates a more transparent, open, and fully decentralized experience from the vibrant creative landscapes and avatars. The landscape itself will be visually stunning, a virtual place where the imagination is no longer constrained. Clearly, the development of a fully functional metaverse has the potential to fundamentally alter how people interact with the digital world. A collective virtual experience would reimagine the creative industry and open new doors for creators, gamers, and artists. BigONE Chairman Anndy Lian said: “The metaverse is here to stay, it’s clear the success already of Sandbox and Decentraland shows it has tremendous potential to bring people together. That potential in terms of GameFi we can see with Axie Infinity’s play-to-earn gaming which is making a real difference to people’s lives. However, there remain obstacles to its growth. Countries like China and South Korea have had laws about converting in-game tokens into fiat currency for nearly 15 years, for instance.

“However, I believe like any disruptive paradigm-shifting technology, which is attracting the attention of global players such as Facebook and governments keen to keep control of the internet, there are risks involved. But I’m optimistic that the decentralized community-owned development of an interoperable metaverse will deliver lasting value to both users and investors,” Lian added.

 

Any references to projects in this article are purely for information and should not be deemed financial advice, or promotional.

 

 

Original Source: https://metaverseinsider.tech/2022/04/25/what-are-the-best-metaverse-tokens-to-invest-in/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Where Can You Find the Best Crypto ETFs?

Where Can You Find the Best Crypto ETFs?

Crypto ETFs captured the attention of the crypto investors late last year when the first Bitcoin ETF in the US, the ProShares Bitcoin Strategy ETF (BITO) was listed on the New York Stock exchange.  It also made crypto investing accessible to the wider investment world, after years of attempts to launch one. The ETF was designed to appeal to investors comfortable with the traditional investment world of stocks and ETFs, but who perhaps didn’t fancy the learning curve of creating their own crypto account and wallet. Nevertheless, the launch was welcomed by many as a radical step forward allowing crypto and NFTs as an alternative investment, to diversify portfolios to withstand future economic changes, as well as widening public understanding of the value of crypto.

ETF, which stands for Exchange Traded Fund, traditionally a mutual fund that is traded on a stock exchange, is typically consists of three components: an index, a stock type, and a fund. In other words, an ETF is essentially a fund that tracks an index while also being bought and sold in the stock market. To put it simply, “An exchange traded fund (ETF) is a basket of securities that trade on an exchange just like a stock does,” according to Investopedia. As a result of their makeup, the key advantage of ETFs is their ability to diversify risks. For example, if there are 100 different stocks in an ETF then they all cannot drop in price together. As a result, the investment portfolio established by this ETF will not suffer a significant drop either.

As well as ProShare’s BITO, there are several similar products which all have one thing in common, they are in the main issued by traditional financial institutions. The practical implication for interested crypto investors is that their categories are however fairly limited to include BTC, ETH and a few ETH products. Despite these drawbacks the struggle to launch further ETFs has continued, despite a reluctant SEC. At the end of January Fidelity tried to get a Bitcoin ETF passed (the so-called “Wise Origin Bitcoin Trust”) only to see it rejected, only to follow up the next day with the Fidelity Crypto Industry and Digital Payments ETF and the Fidelity Metaverse ETF. A key difference that inspired the SEC ban was that the Fidelity Bitcoin ETF was designed to directly hold the cryptocurrency, unlike other BTC ETFs approved by the SEC which solely deal with Bitcoin futures. In other words, buying the BITO ETF doesn’t mean you own BTC, rather that ProShares invests in Bitcoin futures contracts on the Chicago Mercantile Exchange (CME). As confirmed in a report in Fortune: “Rejecting Fidelity’s proposal is just the latest disappointment for investors that had hoped 2022 could be the year where an ETF directly tied to the price of Bitcoin would make it to market in the U.S.”

Outside the US comes more promising news of crypto-related ETFs with the launch this month in Brazil of the world’s first fund dedicated to DeFi, called the Hashdex DeFi Index (DEFI11). “We are confident that DeFi, through its innovative and disruptive technology, will exponentially grow and play a vital role in the financial sector of the future. By offering the first DeFi ETF in the world, we are providing our global investors with the ability to play a part in the next evolution of the crypto ecosystem,” said Marcelo Sampaio, CEO of Hashdex. According to a FT report the ETF will invest in eight DApps, including Uniswap; lender Aave; Polygon, a service designed to speed up transactions on blockchains which recently raised $450 million in a new venture financing round; and oracle innovator Chainlink. It’s also worth noting that as these DApps have smaller market capitalizations than BTC and ETH the tokens may be even more volatile. Cryptocurrency advisor Michele Zilocchi explained: “ETFs are not cryptocurrencies and so they do not give you the ownership, but they allow you to replicate trends. BITO and Hashdex represent a great innovation and a helping hand to institutional investors that were afraid of actual cryptocurrencies ownership. I think that these ETFs represent the doorway for institutional investors to the crypto-space.”

On the regulatory front the launch highlights a divide between global financial centers that have thus far permitted little innovation in the growing field of digital assets, and relatively more laissez-faire financial hubs. “While Canada, Sweden, Germany, Switzerland, Jersey and Liechtenstein all boast spot cryptocurrency ETPs (exchange-traded products), and Australia and India are poised to join them, US regulators have only approved futures-based versions, while those in the UK, Hong Kong and Singapore have not even permitted these vehicles,” the FT report pointed out. Barrister Brian Sanya Mondoh and The Cake advisor, said that when rejecting ETFs, the SEC applies Section 6(b)(5) of the Exchange Act, which requires, in part, that the rules of a national securities exchange be “designed to prevent fraudulent and manipulative acts and practices [and] to protect investors and the public interest.” However, Mondoh agreed that the lack of uniformity in applying this legal test has resulted in impeding investor choice and stifles innovation. “With an increased appetite for Bitcoin and other cryptocurrencies, investors often bypass the law to access crypto markets. Rather than expose investors to bad actors, ETFs should be allowed to ensure more robust protections for investors and more effective surveillance for market manipulation and other fraudulent activity.”

What hasn’t been reported widely is the comparative success of leveraged ETFs launched by cryptocurrency exchanges themselves including BigONE. What they lack in trading volume enjoyed by traditional financial institutions they more than make up for in the advantages offered to the savvy investor. For starters, users do not need to pay the collateral assets to achieve the effect of leveraged trading on the target asset. The product has no expiration date, no risk of liquidation, but it contains the risk that the net value might close to zero. In addition, the ETF products available on cryptocurrency exchanges cover a far wider range of cryptos categories within the ETFs than traditional financial institutions offer. And because their market cap is lower, compared to the likes of BTC and ETH, the impact of the smaller crypto ETF’s upward price movements results in bigger gains.

A leveraged ETF typically uses financial derivatives and debt to scale up the returns of an underlying index. While a traditional ETF typically tracks the securities in its underlying index on a one-to-one basis, a leveraged ETF may aim for a 2:1 or 3:1 ratio, according to Investopedia. For example, for every 1% increase in BTC, BTC3L (three times long BTC) increases 3%, and BTC3S (three times short BTC) decreases 3%. In other words, compared with spot trading, the same asset leveraged ETF will generate three times the profit. On BigONE Exchange this means if you purchase one asset of BTC3L and achieve three times profitability in a unilateral rise, all of this is also managed by platform fund managers, which crucially means users can easily build their own leveraged investment portfolio without knowing the specific mechanism. Plus, he/she does not need to borrow money or pay for the secured assets to achieve their goal.

Thanks to the unique rebalancing mechanism of BigONE’s leveraged ETF product, when the ETF is profitable, it will automatically increase the position after the adjustment. While in the event of a loss, the position will be automatically reduced after the adjustment to avoid the risk of being liquidated. The mechanism is designed to automatically adjust the position of the contract behind each product, and the number of currency holdings will not change. Which in simple terms means while the ETF price remains stable, the level of profitability is also greater.

“What we are seeing is the maturation of the crypto ETF market with the launch of the Hashdex DeFi Index, the world’s first fund dedicated to DeFi. While the US is lagging with the SEC looking for further regulation before committing to a spot crypto ETF, I see the real innovation coming from crypto exchanges like BigONE,” said BigONE Chairman Anndy Lian. “But clearly following the BITO ETF and news of Australia’s corporate regulator giving the green light to a range of cryptocurrency-related ETFs, which could see Bitcoin and Ethereum-backed investment funds trading on the ASX in the coming months, the potential for the global crypto ETF market is huge,” he added.

 

Original Source: https://www.timebulletin.com/where-can-you-find-the-best-crypto-etfs/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Crypto’s big year: The five best crypto investments of 2021

Crypto’s big year: The five best crypto investments of 2021

2021 has been described as a breakthrough year for cryptocurrencies. Increased regulation of crypto-assets has led to more mainstream acceptance.

We saw the UK’S Her Majesty’s Revenue and Customs (HMRC) weigh in on cryptocurrencies earlier this year by providing new UK guidance on the taxation of staking rewards and derivatives.

In the US, a 2021 bipartisan bill, which has a provision to levy taxes on digital currency transactions, imposed new tax reporting obligations on cryptocurrency brokers.

Such regulatory action has set the groundwork for cryptocurrencies to be considered a legitimate asset class.

In the UK roughly 2.3m adults are holding crypto-assets, up from 1.9m last year, according to data from the Financial Conduct Authority (FCA).

In November 2021, there were a 8.3m transactions on the Bitcoin network. Total fees incurred for all transactions on the Ethereum network that same month amounted to $1.82bn, a 34.6% increase from October 2021.

Other significant crypto developments include a Mastercard and Island Pay partnership this year that saw the launch of the world’s first central bank digital currency-linked card, along with news from PayPal in October 2021 of a new service that enables customers to buy, hold and sell cryptocurrency directly from their PayPal account.

And one of the world’s most well-known basketball teams, the Dallas Mavericks, announced this year that it will be accepting cryptocurrency payments for official merchandise and tickets.

The overall market capitalisation of all cryptocurrencies has grown from $500m in December 2012 to $782bn in December 2020, representing a compound annual growth rate (CAGR) of over 150%.

On 8 November, the cryptocurrency market soared to a new all-time high when it reached a global market capitalisation of $3tn for the first time, according to data from CoinGecko.

Best crypto investments of 2021

“This year has been an exciting one for cryptocurrency investors who have witnessed bitcoin hit two all-time highs, not to mention the rise of meme coins such as SHIB and DOGE, as well as lesser-known rising stars like LIGHT and XRDOGE,” Anndy Lian, chairman of BigONE Exchange and chief digital advisor for Mongolia’s national productivity agenda, told Capital.com.

“For example, a high performing crypto like AXS is seeing top players earning up to 1,500 smooth love potions (SLP) a day. It’s worth noting that Sky Mavis’s core revenue (the developer which created Axie Infinity and also raised $152m to help grow the game) is tied closely to AXS’s year-to-date performance.”

Let’s therefore take a look at the top five cryptocurrencies of 2021.

Shiba Inu (SHIB)

Shiba Inu is a meme currency created in August 2020 by the anonymous founder Ryoshi. It’s based on the Ethereum blockchain, like many other cryptocurrencies, but what stands out about the project is its declaration of being a community-run token led by 120,000 members who participate in spontaneous community building within an ecosystem that’s run by its own decentralised exchange (DEX).

In May 2021, Shiba Inu made the headlines when it sent half of its total supply – 50tn coins – to Ethereum creator Vitalik Buterin through his publicly available ETH address.

SHIB entered into the top 10 biggest cryptos on 28 October this year as the eighth highest-ranking coin on CoinMarketCap, jumping ahead of Dogecoin and Polkadot. That same day, the coin had achieved an all-time high of $0.0000844, a rise of 173% over the preceding seven days.

Last month, SHIB was listed on Kraken, one of the world’s largest digital asset exchanges, after a community-led Twitter post grabbed the attention of over 80,000 users.

SHIB’s price soared by more than 10% on 22 December to $0.00003638 after an unknown whale (a term used to describe individuals who hold a large number of coins of a particular cryptocurrency), added 4trn Shiba Inu tokens, valued at $136m, to their wallet on 21 December 202

SHIB tops the list as the best performing cryptocurrency of 2021, with a year-to-date return of 47,240,054%. As an indicator of wider adoption, 390 merchants worldwide accept SHIB as a payment. The dog-themed coin has the biggest 24-hour trading volume in this list at $2.4bn, dwarfing that of its competitor GALA’s trading volume of $566m. It’s currently (23 December) the 13th largest cryptocurrency by market capitalisation at $19bn, according to CoinMarketCap.

Gala Games (GALA)

Gala Games, a blockchain gaming developer that allows gamers to use their unique non-fungible token (NFT) characters in gameplay, was launched in 2019 with the goal of redefining the world of gaming. The project offers a whole range of different blockchain games. Since its launch, it’s sold 26,000 NFTs and attracted 1.3m monthly active users to its ecosystem.

A distinguishing factor for the project is the fact that all GALA tokens run on a network that’s secured by its own set of 50,000 Founder Nodes.

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Given that users can even steer the direction of development and gameplay by voting on which games will be published on the Gala Games platform – a governance process that can have a direct impact on the overall trajectory of the Gala Games ecosystem – GALA is one of the best performing cryptocurrencies of 2021.

Furthermore, Gala Games entered into a partnership with Polygon, a layer-2 scaling protocol for building and connecting Ethereum-compatible blockchain networks in March 2021, which has allowed it to benefit from a decrease in transaction fees. In September this year, the company announced that its Town Star usership has been increasing at a high rate.

Other positive catalysts for GALA include three listings this year. First the coin was listed on Binance, the world’s largest crypto exchange, on 13 September. On 16 September, Bibox, an artificial intelligence digital assets trading platform, also listed the Gala Games coin, followed by the well-known crypto exchange Coinbase on 16 November. Overall, the crypto has pleased investors with a 38,026% year-to-date performance.

On 18 September this year, the GALA coin value rose 488% to the all-time high of $0.1236. It currently (23 December) ranks 48th in the list of cryptocurrencies by market capitalisation at $3.3bn.

CEEK VR (CEEK)

CEEK VR is a leading developer of hardware and software products that facilitate the omnichannel distribution of virtual reality (VR) experiences for the purpose of connecting music artists, athletes and other digital content creators directly to their fans in virtual worlds. The company is known for providing several channels of VR content (both originally created and professionally licensed) using patented headsets.

CEEK VR has secured high-profile partnerships with the likes of Universal Music, Apple and T-Mobile, with CEEK VR’s bundles being sold through major US retailers such as Best Buy and Target.

One possible reason for CEEK’s growth – a utility token used for transactions throughout the fully immersive CEEK VR network – is that the company claims to unlock new revenue streams for music artists and creators by offering them opportunities to directly reach their fanbases.

The promising cryptocurrency jumped to an all-time high of $1.20 on 29 November this year. It pleased investors with a 27,419% year-to-date performance. It currently (23 December) ranks 135th in the list of cryptocurrencies by market capitalisation at $522m.

Axie Infinity (AXS)

Axie Infinity is a popular Pokemon-inspired digital pet gaming metaverse that rewards users with play-to-earn opportunities such as collecting, breeding and raising creatures known as Axies.

The project, which entered the scene just four years ago, hit a milestone in October this year when Axie Infinity reached two million daily active users.

Axie Infinity boasts an annualised total revenue of $1.41bn and an all-time NFT sales volume of $3.81bn, with more than a million traders having bought or sold Axie Infinity NFTs in upwards of 11m transactions since launch. Given these metrics, it’s understandable that AXS has returned 17,391% year-to-date.

With meta-related coins up 37,000% this year, Axie Infinity has possibly benefited from the virtual land acquisition phenomenon within user-owned internet economies that saw a Axie Genesis Plot sell for 550 ETH last month, highlighting the real-world utility of play-to-earn gaming. This made Axie one of the most profitable cryptocurrencies this year.

16 merchants worldwide accept AXS as a payment. It currently (23 December) ranks 28th in the list of cryptocurrencies by market capitalisation at $6.1bn.

Anyswap (ANY)

Anyswap (rebranded to Multichain) is a fully decentralised cross-chain swap protocol founded in July 2020 that was originally positioned as a cross-chain decentralised exchange (DEX).

It provides interconnect infrastructure for 25 different mainstream public blockchains, including Ethereum, Binance Smart Chain and Polygon. The company has amassed more than 300,000 users and claims to be market-leading in terms of speed, security and decentralisation.

The project’s infrastructure has been developed for the seamless flow of on-chain asset interoperability, meanwhile the company is most well-known for providing a real-time cross-chain router protocol (CRP) system that allows assets on all networks to interoperate with each other.

ANY has been one of the most volatile cryptos this year. The token achieved an all-time high of $27.61 on 21 December this year, and has delivered a year-to-date performance of 14,560%. It currently (23 December) ranks 246th in the list of cryptocurrencies by market capitalisation at $376m.

 

 

Original Source: https://capital.com/best-crypto-investments

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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