Gems Pt 1: DeFi Privacy $ZKP and Hardware $DPR
Two of my favourite projects on the Crypto Coin Show this month. I'm in. Are you?
The cryptocurrency markets coming back to life from their very short downward stint, We saw 10 straight days of green candles for the first time in a long time, and BTC breaking above $42,000 Before making a healthy retracement back down in a nice dip buying zone.
With this renewed interest, a second life is being brought back to lower cap gems, and the DeFi space.
Two projects I want to bring your attention to are deeper network ($DPR) and Panther Protocol ($ZKP).
I mentioned Deeper network in a previous newsletter upon its initial launch. DPR is a hardware decentralized VPN that enables privacy on your internet connection with a lifetime free VPN, while also earning tokens.
I spoke to CMO Eric Ma for a second interview in as many months about the upcoming launch of their Genesis Node Miner event and Deeper Chain blockchain.
I've personally been using the DPN Since the first interview months back, and I'm impressed with its speed, quality, and the fact I never have to pay for a VPN service ever again.
The Genesis node mining event allows anybody to stake DPR tokens and receive a monthly yield, as well as a FREE Genesis node miner hardware that will be shipped to your house for you to mine DPR tokens.
I've already started mining, locking some tokens for nine months. With the yield reaching over 100%, nevermind the anticipated appreciation of the DPR tokens with Eric's anticipated goal of around $1 per token.
The phase one Genesis node has already closed in under a day with 4000 people on the waitlist! And phase two is opening today, the minimum amount to stake of DPR tokens to get a free Genesis node miner hardware is 20,000 tokens, which right now costs just under 3k USD.
Register for the Genesis node launch for free to get on the waitlist, And there you can see the tutorial on how to stake. What are the rewards. And what are the benefits:
Secondly, it’s super critical to talk about DeFi privacy. A lot of eyes are on DeFi, with the majority being on Ethereum public blockchain and other public blockchains, essentially all transactions in DeFi are public. It's quite easy to trace the wallets of Whales, see their balances, their transactions, when they're selling, etc.
Not very good for institutions and enterprises looking to keep some of their information private. A solution is needed…
Thankfully, Oliver Gale, CEO of Panther Protocol (Also Co-Founder of bitt.com, a CBDC network provider working with the governments on developing their central bank currencies, and overall crypto OG) is working on the ultimate solution for privacy in DeFi.
Panther is integrating DeFi privacy solutions by incorporating zero knowledge proofs into DeFi, introducing new asset classes, known as zAssets, The zero knowledge proof ZKP token, The Panther DAO, which will enable the community to govern the future of the protocol, And the road to the main net, which should happen by the end of this year.
Panther Protocol has already raised over 8 million from 140 Different VC and investment firms. Needless to say, this is a project I am supporting and will be watching for the long term.
It's possible to register for the whitelist token sale on their website still, as the public sale has not happened. I'd write that one down. https://www.pantherprotocol.io/
My father and I interviewed Oliver way back in 2014 at the Inside Bitcoins conference in Las Vegas. Since then, he made an incredible impact on the industry. I am positive that trend will continue with Panther.
These are just two of the many promising projects that I've had on my YouTube channel this month. Make sure you're subscribed to see every video that I'm coming out with, As it happens, as things move very quickly. Crypto Coin Show YouTube
Part two of my newsletter will also include information about new stablecoins coming out, Other decentralized autonomous organization (DAO) vehicles for growing internet organizations, The huge growth in NFT's, and more.
Subscribe to not miss that episode (There’s going to be a HUGE NFT update)
All the Best,
Ashton Addison
CEO, Crypto Coin Show