Altcoin Report - November 2022

Note: this report is accurate as of its publication but some details will change over time. Please check the posted date above.

With blockchain technology, you can create all sorts of financial products, way beyond NFTs and altcoins.

Holders and issuers can slice, dice, fractionalize, and combine almost every type of financial arrangement into all sorts of new and innovative financial products, for example, synthetic tokens, equity agreements, convertible notes, lending and borrowing products, derivatives, and products people haven’t even invented yet.

When these products carry any type of legal obligation, you have one big wrinkle: laws.

Those laws may change from one country to another, and sometimes from one town to another.

While the assets do not change, each jurisdiction forces people to use, buy, and sell these assets in different ways. Issuers still need lawyers, accountants, financial experts, auditors, and consultants to create an offering, get regulatory approval, and bring it to market—something the legacy financial system does just fine (arguably better than blockchain).

What if somebody created a universal platform to raise money and issue securities anywhere, anytime, without those layers of middlemen, while also giving users a guarantee that their actions always comply with the relevant laws?

Today’s project is building a globally-compliant, decentralized capital market for securities and other products that need regulatory approval. Bitcoinist named it one of its top 5 DeFi projects and NewsBTC ranked it as a top 5 interoperability project.

With a novel token designed to capture value from its use, a team with a compelling vision, and partnerships that add crucial components to its platform, you can expect it will capture a very big piece of a very big market if it succeeds.

I hate to speculate on potential returns, but a 10,000% gain seems reasonable from today’s valuation (though not all at once).

That may seem crazy but it’s a legitimate possibility given the size of the project, the way it’s structured, and the scope of its addressable market.

What is that project?

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