Largest bag is KILT. Token was released at worst possible time (2 years ago) at start of bear. All VC have now bailed and partnership with Deloitte can get them to an ATH and beyond within 2024. Check it out and pick up a bargain.
Neutral bullish / optimistic tbh. I like the sound of Polkadot 2.0, and I like some of the projects on Polkadot as well. Eg the likes of KILT (digital identity) and JUR (tooling for network states & digital communities). As ever, a big thing might be interconnectivity with 'outside' of the DOT ecosystem - ease of liquidity flow is important.
I scooped up some KILT for $0.225 and was shocked to see I actually got something on the bottom. It's out of the top 500 and on Kraken. More of a yolo buy than anything, because most of my portfolio heavy hitters had been pumping and I don't like to buy things that are already cruising.
A dump and a boost as fear gets moderated and confidence regained. Then we'll see what happens with the move to Polkadot 2.0 and everything related... I'm medium term bullish on Polkadot tbh. There's been some good development stuff going on, there's broader ecosystem outreach and integrations happening, and some relatively unknown and new projects such as JUR (tooling for network states and digital communities) and KILT (digital identity) probably have good potential as the mature and the market picks up. I guess we'll find out along the way in any event 🤷♂️
Reasonably bullish on the Polkadot 2.0 proposal and changes. Fairly bullish on the in-ecosystem development that's been happening eg projects like JUR and KILT, and also bullish on the inter-ecosystem stuff too eg ASTAR, etc. So, I guess: quietly bullish? I've added a bit recently.
Mentioning the random grab-bag below for passing interest. Personally I like hearing a bit about evolving projects. There's a guy building an irl/NFT integrated game (where players race real cars controlled over the Internet). He popped into the rCC telegram briefly the other day. Didn't hear much by way of detail, but that sounds kinda interesting. Unrelated to that, @coinsteps on Twitter covers some smaller projects with fact sheets etc. Might be worth checking out? Also, FYI re a couple of small projects on Polkadot in case of interest, purely because they came up in conversation literally in the last hour or two: JUR is early stage, tooling for network states & digital communities. Tim Draper has invested and is using them for his own startup incubator (etc) network. I could make an intro for that one if it was of interest. @JurProject on Twitter. KILT has to do with digital identity and data sovereignty. That's been picked up by Deloitte Switzerland; and hopefully passes muster to transition to their global network. @Kiltprotocol on Twitter.
Full disclosure, this is straight copy/paste from an answer to a similar question a week or two back re drip feed into some altcoins. Not particularly well written, but just easier to cut/paste than re-write: ----- Ok - stream of consciousness here: eg: One is JUR - they're doing infrastructure/ tooling for network states and societies. Very early stage, but just starting to make build moves after being in conceptualisation and pre-build for a quite a while. They've just recently moved their token over (from Vechain) to mainnet on Polkadot / substrate. Tim Draper has invested in them (which is a good sign). KILT is another on Polkadot. To do with verified identity etc. They got picked up for use by Deloitte in Switzerland a few months back. Elsewhere, and a bit larger, I've picked up a little bit of IMX, because I wanted exposure to [gaming] and they basically do web3 infrastructure for gaming studios. I like the fact that they've teamed with Polygon (who frankly have good marketing/ BD smarts) as announced earlier this year. Unfortunately I can also see that IMX maybe doesn't have great tokenomics, which tempers things a bit. I'm toying with the idea of picking up some Metal Blockchain ('METAL' is part of Metallicus' suite of tokens) - they're effectively getting in with banking compliant blockchain and payments processing in the US. Founders have backgrounds eg with Stellar and Dogecoin Foundations. Metallicus is, as I understand it, in the process of buying a bank. On this one, I'm not sure if I love the project, but I suspect it will potentially get some growth, particularly on the back of news as the US starts to build Blockchain into banking systems and as regulatory aspects get more concrete. So I guess I'm still looking at that one (Outside of that, and this one is absolute pure yolo / and doesn't fit with anything I said above at all: I got some more HarryPotterObamaSonic10inu a while back just for the lol, and some more as it shook out alongside the pepe meme scare. HPOS10i has done pretty well tbh, but anyone buying needs to appreciate that it is peak shitcoin end game. Contract is clean afaik, and frankly they seem to run a pretty smart operation. I wouldn't be surprised if it runs up further. It actually flipped Floki momentarily the other week.) (And yes, inb4 the predictable replies: my main holdings are actually in BTC, ETH etc.)
I do put a little bit into lowcap projects that I'm interested in - eg KILT (decenralized identity) and JUR (tooling for network states) in the Polkadot ecosystem. Or eg GRT (web3 indexing) a while back. I guess it's still gambling in one sense, but they actually have a purpose / have problems they are seeking to solve. In terms of shitcoins in the true sense though I generally just don't. Apart from one exception: HarryPotterObamaSonic10inu (ticker: BITCOIN) - ie peak shitcoin endgame. And I only found that because I randomly noticed the name, which made me lol ...
Mostly usage-based tbh. So Cronos via CDC, Polygon via Reddit avatars, Ethereum for a bunch of things - the ecosystem is pretty large (and eg Arbitrum Nova as an L2 re Moons), and Polkadot in relation to a bunch of projects I got interested in (DOT, JUR, KILT, etc)
Ok - stream of consciousness here: eg: One is JUR - they're doing infrastructure/ tooling for network states and societies. Very early stage, but just starting to make build moves after being in conceptualisation and pre-build for a quite a while. They've just recently moved their token over (from Vechain) to mainnet on Polkadot / substrate. Tim Draper has invested in them (which is a good sign). KILT is another on Polkadot. To do with verified identity etc. They go picked up for use by Deloitte in Switzerland a few months back. Elsewhere, and a bit larger, I've picked up a little bit of IMX, because I wanted exposure to [gaming] and they basically do web3 infrastructure for gaming studios. I like the fact that they've teamed with Polygon (who frankly have good marketing/ BD smarts) as announced earlier this year. Unfortunately I can also see that IMX doesn't have great tokenomics, which tempers things a bit. I'm toying with the idea of picking up some Metal Blockchain ('METAL' is part of Metallicus' suite of tokens) - they're effectively getting in with banking compliant blockchain and payments processing in the US. Founders have backgrounds eg with Stellar and Dogecoin Foundations. Metallicus is, as I understand it, in the process of buying a bank. On this one, I'm not sure if I love the project, but I suspect it will potentially get some growth, particularly on the back of news as the US starts to build Blockchain into banking systems and as regulatory aspects get more concrete. So I guess I'm still looking at that one As to how - I try to dig out as much info as I can, and try to be as critical as possible of it all. There's a bit of a thematic filter too: I probably am mostly interested in things that fit with a few narrative themes: interoperability / privacy / identity / tooling & infrastructure. Hence have picked up eg QNT, LINK, GRT, etc in the past because of fit with those themes. Also, with the new ones, I drip feed into them, even though I'm not putting large amounts in: (a) they can be volatile, and (b) who knows where the market goes over the next few months. All that said, there is a yolo element to it all of it as well - and there are commonalities with eg angel investing into early stage tech startups; a lot of things have to go right in order for them to get anywhere... (Outside of that, and this one is absolute pure yolo / and doesn't fit with anything I said above at all: I got some more HarryPotterObamaSonic10inu just for the lol, as it shook out a bit this week alongside the pepe meme scare. HPOS10i has done pretty well tbh, but anyone buying needs to appreciate that it is peak shitcoin end game. Contract is clean afaik, and frankly they seem to run a pretty smart operation. I wouldn't be surprised if it runs up further. It actually flipped Floki momentarily the other week.) (And yes, inb4 the predictable replies: my main holdings are actually in BTC, ETH etc.)
How so? Aside from ETH, DOT may well have the widest enterprise adoption of any layer 1. BSI is one of the largest logistics companies in the world. Two of their most prominent product offerings, SCAN (supply chain security verification and management) and AidTrust (pharmaceutical tracking solution) both rely on OriginTrail (TRAC). These are utilized by a massive number of companies. Oracle, Google, Home Depot, Walmart, and a number of others also utilize TRAC for a variety of applications ranging from supply chain to AI. Even US Department of Homeland Security and the EU use TRAC. TRAC runs off of a DOT parachain. Kilt Protocol (KILT) is utilized by Deloitte, the largest professional service network in the world and considered one of the “Big Four” international accounting firms. KILT provides secure identity solutions that Deloitte uses to provide audit, consulting, tax, and advisory services to clients around the world, **including 80% of Fortune 500 companies**. KILT runs on a parachain. Mythical Games is in the process of creating a massive gaming ecosystem that utilizes DOT. Mythical Games has a partnership with NFL, among others. Seems odd that a pyramid scheme would see that kind of enterprise adoption. Especially with the companies involved in the first two examples.
tldr; The relevant text for the article title is: "Polkadot Ecosystem Weekly Digest. July 10–16/2023" Summary: The article provides a weekly digest of updates and developments within the Polkadot ecosystem. It highlights various projects and initiatives, including the Polkadot Blockchain Academy, the winner of a Polkadot Parachain Auction, upgrades and developments in Acala, Ontology, Phala, Energy Web, Crust, Astar, Interlay, Centrifuge, Moonbeam, Composable Finance, Bit.Country, Manta, Enjin, KILT, Dock, and more. The article offers a brief overview of each project's recent activities and achievements. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; Deloitte and BOTLabs GmbH have announced the integration of KILT blockchain technology for issuing reusable digital credentials to support Know Your Customer (KYC) and Know Your Business (KYB) processes. These credentials have multiple use cases, including regulatory compliance for banking and decentralized finance (DeFi), age verification for e-commerce, private logins, and fundraising. The integration aims to streamline identity verification processes, offer control and flexibility to customers, and open new digital marketplaces. Deloitte will provide a credential wallet in the form of a browser extension, and credentials will be digitally signed by Deloitte. KILT Protocol, as a Polkadot parachain, offers the scale and security needed by enterprise partners. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
LINK is still an integral part of what makes smart contacts function and definitely isn't dead... But it's dead as an investment. It went from <$5 ->$50 within 12 months and was integral to the defi summer when the world realised that it can connect smart contracts to real-world data and events. During the last bullrun, it barely moved and has been bleeding since (along with much of the rest of the market). KILT is similar to LINK in that it also aims to solve issues related to verification and authentication of digital identities using decentralised oracles to provide trusted data to their respective networks.... They're partnering up with Microsoft already and could well lead to a web3.0 summer kind of thing. I expect KILT to surpass LINKs MC during mania then drop down to something closer to LINK, probably slightly lower, after the dust settles.
I love this, all the mentions are classic Reddit tier tokens. Here's a few that people on Reddit may not know. LINK is dead as an investment FTM I think it's been dead since Andre (one of the founders) walked away but I've been surprised by the team a few times QNT having a bull run now, I doubt it will last until 2025. I'm bullish in the short term. RSR is >90% down from it's ATH although the service is going into other countries and the team is active af. It will crab until 2025 or when rtokens are listed on CMC and CK. I'm a true believer in it and it got me into 7 figures easily last bullrun... CRO will explode surpassing is ATH. Although it's a bad guy on Reddit, the worldwide adoption is still increasing KILT is the next LINK. Easy 10-100x BCH is never going to catch BTC LTC is floundering and I doubt that it reach it's ATH again, same as other 2017 payment tokens such as DASH.
I wanted to invest on crypto again since 2020-2021 (I had massive losses when hit us the bear market) and I didn't know when was moment to sell and I saw a lot of trash of clickbait and scam youtube trash. I purchased only 20€ in ETH a week or 2 weeks ago *(when was at 1720€ more or less, I already had 45€ on ETH)*, and their price down just less than a day after purchase below 1700... IMHO, invest on crypto doesn't worth it unless you have good earns each month, and having money you can afford to lose and which you would not need it in a lot of time. I planned to a DCA of litttle quantities on ETH or start to buy again BTC, but I have low incomes, and I think doesn't worth it and having in count my last experience *(I still waiting till the next bull run to see if alts like XHV, KILT, KDA and RMRK recover their prices)*.
tldr; Polkadot announced that Deloitte Switzerland is integrating the former’s KILT blockchain technology for issuing reusable digital credentials to support KYC and KYB processes. The digital credentials in question will have extensive use cases such as regulatory compliance for banking and decentralized finance. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
>Polkadot announced that Deloitte Switzerland is integrating the former’s parachain KILT blockchain technology for issuing reusable digital credentials to support KYC and KYB processes. >With this move, Deloitte has become the latest major enterprise partner to come to the Polkadot ecosystem. The digital credentials in question will have extensive use cases such as regulatory compliance for banking and decentralized finance (DeFi), age verification for e-commerce, private logins, and fundraising. Big players utilising any blockchain tech is great. But someone as big as Deloitte choosing what is imo one of the most exciting ecosystems around is very exciting!
“By offering reusable digital credentials anchored on the KILT blockchain, Deloitte is transforming verification processes for individuals and entities. Deloitte has the technology knowledge, reach and trust to issue credentials that are globally accepted.”
This is very bullish stuff. Worth noting - it appears to be Deloitte Switzerland that have picked KILT up, not Deloitte globally - insofar as I can see anyway. Presumably there will be option/possibility of network rollout/extension as things develop. Deloitte Switzerland pickup of KILT: https://coinmarketcap.com/community/articles/64547aac0d1ac45ba8740bd2/ And re Deloitte / matrix structure: https://www.deloitte.com/global/en/about/governance/network-brand-alliances.html Sounds like worth checking out further though. There will be a number of identity/privacy/verification projects, but pickup by a large accounting/consulting firm could be a large boost, particularly if it passes the internal usage testing and roll-out and moves into the consulting arsenal ie part of client solutions.
tldr; Deloitte has joined Polkadot by partnering with KILT protocol to enhance its identity protocols and support its Know Your Customer / Know Your Business (KYC/KYB) processes. The reusable digital identity credentials will be used by Deloitte to address regulatory compliance for banking and DeFi, age verification for e-commerce, private logins and fundraising. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
TLDR Deloitte has joined the Polkadot ecosystem by partnering with KILT protocol to enhance its identity protocols and support its Know Your Customer / Know Your Business (KYC/KYB) processes. KILT’s reusable digital identity credentials will be used by Deloitte to address regulatory compliance for banking and DeFi, age verification for e-commerce, private logins and fundraising, while eliminating inefficiencies around KYC/KYB processes.
Thanks for your honestly, but I don't want sell yet until we going to bull rally. Another user suggested me which sell 30 KDA now is... no sense. And also KILT. And especially when we are talking about in a long term. Ofc I will sell them and switching to BTC and ETH, but want to wait a time, I had them since 1 year ago, I can wait longer because I expect have less losses than now, although they will not be profits but less losses would be great appreciated. Idk so much about farming, how to do it, benefits, how it works... And I don't know about ZKSync/Starknet but would to learn about them. By the moment, I will expect before sell in massive losses, talking about these quantities, are massive. But I will purchase some ETH and BTC in the best possible spots after analyze it for a few days. I will start with 25€ I have in Revolut *(purchased on Kraken ofc,* ***fuck to Revolut free plan to cryptos or INVEST IN ANYTHING due their high fees****).*
Thank you, yeah you described it very good. A lot of scam about it and motherfucking scammers talking about x4 or x5 like some not really unusual thing... KILT, XHV and QRDO seems really good in the problem they want to fix or the feature they want to implement in some level. I researched about them. But their prices... Anyway. Same stuff happens with STORJ: the project is great, but their token isn't worth it at all. I purchased 5€ on Revolut a month ago because I like the project lol (btw, **~~Revolut~~** to purchase cryptos **NOT RECOMMENDED AT ALL)**: I had the Metal Plan when I was investing, I also do some investments in actions, but with a free plan **the fees are ridiculuously high**. I purchased 5€, and they took 1€! **A 20%**. They ask also for almost 1€ to can sell, so 2€ scammed xD That's the last time I purchase cryptos on Revolut, without paying a plan it's a damn robbery. Luckly I purchased a ridiculous amount.
Okay, time for a bit of tough love KILT - garbage, the Polkadot ecosystem is dead and it isn't coming back. LTC - also garbage (underperforms BTC) KDA/XHV - utter garbage, now on their way to 0 ADA/SHIB - also garbage, but tends to pump in bull markets when retail noobs come in ATOM - the only decent coin in your selection I would sell all the garbage, and for market exposure dump it all into ETH. Use this time as an opportunity to learn how crypto works. Since your portfolio is small, you might be better off using that ETH to farm airdrops on ZKSync/Starknet etc., ARB airdrop was over $4k.
Yeah I wouldn't sell by now KDA... Not want to los so much money, my average price of purchase with KDA was 5,40€. Painful, mate. Also have 25 RMRK in 61% of losses (55€). I will hope till recovery. And about KILT... Make research and wait. 100€ of losses. Fuck it. And yes, was/it's a huge casino but I didn't knew when to sell and almost always I rather did hold. I wish would knew about DCA 2 years ago and don't be so impulsive for clickbait and hype.
Thank you mate! I have a Trezor and a Metamask account. Which is your favourite market with the lowest fees to purchase and withdrawl BTC and ETH? Would you expecting with 200% in losses with more than 300 KILT, KDA, LTC, XHV and ATOM having in count that is something at long term or you would wait till see if you can loss less doing the switch when their prices up (your coins).
Hahaha. Would you sell EVERYTHING now having more than 200% in losses, having in count is something on a long term, or you would wait your coins till their prices rises to can purchase BTC or ETH? Especially KILT. Idk what to do with it, if hold or sell in almost 50% of losses (purchased when was on 0.80€ before the crash). Do you know it?
Thank you for the definition, yes, the gems, I didn't heard about that way of calling it. Yes, like Haven Protocol or QRDO, or KILT also.. Hope I'm mistaken about KILT, do you would sell EVERYTHING now in more than 200% losses between this, LTC, ATOM and KDA, to invest what you have on BTC or ETH? Or you would waiting to try don't loss so much and see the evolution of them to try not lose so much?
I'm not surprised that OP's description didn't clarify for you: >and which the project seemed promiseful to me, and due the analysis technical in their moment he did and recommended me buy so much as I can, he knows better how it works and he haves a huge of quantity on KILT, 2000-3000€ (I studied about crypto and technical analysys and trading a bit, but a lot of time ago and I barely remembers how to read good the graphics and understand their behaviour on a concrete way to can take decissions before invest).
I think if you are having the enough of the alts then you should wait for the low market cap coins. May be they will never survive in this bear market and reason i am not confidence about that but they are BICO nad KILT i think in this list.
Yeah, it really makes sense. I think KILT is working on that. Read through the portfolio of products from one of Cartesi's recent partnership (Think and Dev) and they've worked on same in the past years It only needs to gain more traction. Much like a pattern similar to revealing info like tax payment & all on privacy protocols, showing only what relevant authorities need to know.
It's fascinating. I like the problems that the hackathon is trying to solve. Creating technical solutions to safeguard predators. This is great for society. The OCEAN, KILT, KUSAMA, and SNI x Kenya team deserves praise.
It's a good time to invest. Since you're a newcomer, best to stick to BTC & ETH. Though, there are higher gains in lower valuations- VRA, FLD, KILT & many others., and higher risks as well. As you go deep in the game, your risk tolerance changes.
Using your crypto wallet and ERC725 profile to log in to nearly any website requiring soft identity (no more passwords needed) and using KILT protocol instead of clunky KYC processes wherever hard identity needs to be verified.
I am accumulating the BICO and KILT when it comes for the low market cap coin. Because i feel that coins like these can give us the maximum profit when it comes to the next bull season and hopefully they will reach to the all time high mark again.
As always, some won't survive, some will & then, there are new shining toys that will suck the liquidity of the existing ones. For me, Cosmos, Ethereum, Polygon will definitely thrive. I see KILT & FLUID which are decentralized digital identity & cross chain liquidity aggregator respectively, doing fine as well.
All DOT ecosystem alts (Acala, Moonbeam, Unique are my heaviest bags, I see very good long-term potential in these). I have the rest in Kusama startups (Moonriver, Basilisk, KILT, Calamari, Heiko, Kintsugi, Altair, Bit.Country, Picasso, Quartz, Genshiro, Subsocial, Zeitgeist, Crab). Also recently been adding (Remark, Shiden, Karura, Astar, Crust, Robonomics). I've found much more luck chasing alts that don't appear on this sub very much and doing my own research (literally). I invest mostly in startups and ICOs on Tokensoft, that's where the true investment lies (not in projects that are already at their market cap peak). I'm particularly interested in branching out once I hit my standard investment in Polkadot/Kusama, which is almost near completion aside from some future projects that haven't come to light. I do have a sight set on holding a significant amount of DOT before moving too far forward (as I already hit my goal cap of Kusama). I'm looking into Cosmos and Ethereum Optimistic Rollups next, getting back into Harmony One, then filling the rest of the normal sub favourites, once those are all fulfilled. All while finding investment in new startups that may arise like Rand (which is currently doing their pre-sale).
I agree with the general thrust of this argument. I think it is unfortunate that the term “wallet” was coined in the early days of crypto rather than something more associated with identity like “digital passport”. And this sub seems to contain surprisingly little discussion about the important differences between the use cases for “soft identity” (e.g. LUKSO) and “hard identity” (e.g. KILT).
I am also very bullish on the web 3 and hoping that trend comes soon. We all know web 3 is the ultimate future of the technology. By the way what are the web 3 coins are you holding as of now . For me KILT, BICO and DOT are the few of them.
tldr; KILT has launched Web3name, a new form of digital credentials for users to represent their own digital identities. The new approach would increase the transparency of users’ identities without sacrificing the privacy involved with personal data. KILT considers W3n as an enhancement of how digital identities are processed on the blockchain. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*