SmartCity
56 posts

SmartCity
@SmartCityDCL
Join us in the metaverse and explore a smarter city, where technology meets sustainability. Let's shape a better future for all. #SmartCity #Metaverse
Decentraland Katılım Aralık 2020
376 Takip Edilen81 Takipçiler
SmartCity retweetledi

The #Chainlink Digital Assets Sandbox unlocks the onchain opportunity for financial institutions.
Complete a successful PoC in days, not months ↓
blog.chain.link/chainlink-digi…
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SmartCity retweetledi

We’re excited to launch the #Chainlink Digital Assets Sandbox—a turnkey solution for accelerating innovation in capital markets.
This new sandbox enables financial institutions to conduct tokenization trials and collaborative PoCs within days, not months.
blog.chain.link/chainlink-digi…
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Swift: the international bank messaging standard.
Chainlink: the blockchain interoperability standard.
Together, they're unlocking tokenization at scale.
#TheFutureIsOn
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“Similarly to how TCP/IP unified the different Internet technologies, CCIP does the same thing for blockchain technology."
#TheFutureIsOn
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“By 2030 the majority of value will be transacted in the form of Digital Assets,” according to a recent industry report from @RolandBerger.
With real-world asset tokenization representing a $10.9T market opportunity by 2030, the report highlights the main players positioned to capitalize on this opportunity: banks, brokers, CEXs, DEXs, PSPs, wallet providers, and infrastructure providers.
“Infrastructure providers in the cryptocurrency industry act as the backbone for businesses looking to offer digital asset services,” states the report. “This enables businesses to focus on delivering value to their customers while outsourcing the technical heavy lifting.”
Read the full report: rolandberger.com/en/Insights/Pu…

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SmartCity retweetledi

The #Altcoin bottom could be in today!
It’s a big event day as multiple macroeconomic events are happening.
First, it will be CPI news, and later there’s the FOMC meeting and the FED interest rate decision to be made.
They will have a huge impact on the markets.
The markets have been correcting down as the anticipation of these events usually has a negative relationship with the price action on the crypto markets, especially altcoins. On top of that, Roaring Kitty’s event and GameStop’s correction of last week didn’t have a positive impact on the price action.
Now, today the turn-around might be taking place, just like the previous FOMC meetings saw a bottom on Wednesday, after which the markets were surging.
Comparison:
Bitcoin rallied by more than ten percent after previous FOMC events.
Ethereum rallied by more than twenty percent after previous FOMC events.
Both of them corrected by the same amount before the event, so a repricing back upwards seems reasonable to expect. Let’s discuss the two big events of today.
CPI at 14.30PM CET
The CPI data is the most important in the month, as the FOMC is watching this data (and the PPI of Thursday) to estimate whether inflation is weakening and whether they can cut the interest rate levels.
During 2024, the inflation rate was higher than expected. As a reference:
April the actual CPI rate came at 3.5%, while 3.4% was forecasted. In March, 3.2% was the actual number, while 3.1% was expected. Due to this, you could argue that inflation remains sticky and that’s exactly what Jerome Powell has been continuing to say.
However, there are more important data points that come out during this event.
CPI M/M. The monthly data on CPI estimates what the change in price of goods and services is compared to the month before. Last month the markets have been seeing a lower number than forecasted and reacted in a very positive way.
Core CPI Y/Y. The Core Consumer Price Index (a different basket than the regular CPI data), was exactly as expected in the previous month and induced another positive response to the markets.
Core CPI M/M. The Core Consumer Price Index, but then on monthly data points. Last month was the same as forecast.
This might be a significant data point, as it could indicate that the markets are anticipating a rate cut.
What are the expectations?
The expectations are that we’re going to be seeing the following data points:
CPI Y/Y: 3.4% expected
CPI M/M: 0.1% expected
Core CPI Y/Y: 3.5% expected
Core CPI M/M: 0.3% expected
If the data comes out exactly as expected or some data points are going to be lower (which is positive for the markets) than expected, the markets are going to see a swift positive price response.
FOMC Rate Decision at 20.00PM CET & FED Speech at 20.30PM CET
The second biggest event of today is the interest rate decisions from the FOMC. The European Central Bank made its first rate cut since 2019 last week, which might indicate that rate cuts are on the horizon for the U.S. as well.
That’s why the CPI data might become important, as the markets might price in a potential rate cut from the CPI data or not. Why is that? Well, if CPI data comes out higher than expected, you’re automatically going to be seeing a strong Dollar continue to rise, but also Yields to continue rallying upwards. In that aspect, it’s unlikely that a rate cut is taking place in the coming period through which risk-on assets are going to be seeing a drop rather than a rally upwards.
With this event, it’s usually not important to be watching the actual rate decision, but rather to look out for Powell’s speech as he might be giving insights on the future’s outlook. If he becomes more decisive and starts spreading words like ‘we’re expecting 2 rate cuts later this year’, the markets are going to be acting in a tremendously positive direction.
What to watch out for?
The altcoin and crypto markets have been seeing a substantial correction in the previous weeks as there’s a negative correlation between FOMC meetings, CPI, and crypto.
To be fair, it seems likely that a repricing back upwards is going to take place starting this afternoon back upwards. It might even be the case that Bitcoin is attacking an all-time high in the coming weeks if there’s a dovish stance from the FOMC.
It’s important to note that price action can be trappy. If the rate decision is unchanged, the markets might have an initial response downwards, but usually, the real move happens at a later point. I would suggest not taking leverage trades during this period.
My personal view is that you should be keeping an eye out for the response on the price action of Gold, the Dollar & the Yields on treasury notes.
I’m expecting that the Dollar and the Yields are going to fall from the data today/tomorrow (tomorrow is PPI day) and that the altcoin and crypto markets will be finishing their correction around this period.
After that, it’s upwards only where the Ethereum ETF is likely going to find approval in the coming weeks and start attacking the all-time high during the summer.

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Free 3D model of New York city available for download in multiple formats: geopipe.ai/download Based on real geo-data (click download > Free sample model) Nice work @GeopipeInc 🙏
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SmartCity retweetledi


Venice City, Italy 🇮🇹 deployed on #DCL Worlds. 1/5th scale, showing only 5% of the total city tiles. By @eellillee 🥳
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National Bank of #Georgia Enlists #Ripple as Tech Partner for #CBDC Pilot news.bitcoin.com/national-bank-…
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🚀 Leave emotions behind, harness cutting-edge tech, and automate market-making. Join our community for informed and fact-based trading. It's time to trade with intelligence, not emotion.
#TeamMachina
Cointelegraph@Cointelegraph
We apologize for a tweet that led to the dissemination of inaccurate information regarding the Blackrock Bitcoin ETF. An internal investigation is currently underway. We are committed to transparency and will share the findings of the investigation with the public once it is concluded within 3 hours.
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Fidelity manages $4,500,000,000,000.
43,000,000 investors trust Fidelity.
Yesterday, they published new research explaining why investors should consider #bitcoin
Here are 10 key points 🧵👇

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@DCLjasonx @metaryuk @SeanEllul "only Decentraland and Sandbox are governed as DAOs" and where we can find the sandbox dao? :D
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Info provided by @metaryuk & @SeanEllul
This dataset provides a comprehensive comparison of multiple virtual world platforms, which operate primarily within the blockchain sphere. Key features, such as the blockchain utilized, tokenization, type of game engine, marketplace availability, and Decentralized Autonomous Organization (DAO) status are assessed across these platforms. #Web3
Blockchain: Most platforms, including @decentraland, @TheSandboxGame, @SomniumSpace, @cryptovoxels, @oncyber, @monaverse, @Spatial_io, @bloktopia, @OthersideMeta and @CryptoverseVIP, are built on the
@ethereum #blockchain, @SecondLiveReal uses
@Binance Smart Chain, Pavia is built on @Cardano, and @cronosverse operates on the @cronosapp
Tokenization: Several platforms utilize native tokens. These include Decentraland ($MANA), Sandbox ($SAND), Somnium Space ($CUBE), Cronosverse ($VRSE), CryptoVoxels ($VOXEL), Pavia ($PAVIA), Bloktopia ($BLOK), and CryptoverseVIP ($CGG). OnCyber, Monaverse, Spatial, and SecondLive do not have a native token at this time. #Metaverse
Engine: @unity is the preferred engine for most platforms. However, Cronosverse operates on @UnrealEngine, while the engine for CryptoVoxels and SecondLive is yet to be determined.
Marketplace and #DAO: Most platforms offer a marketplace. However, only Decentraland and Sandbox are governed as DAOs. Access and #VR Support: Most platforms allow browser access and have basic and advanced builder tools, but VR support is limited to Somnium Space, Spatial, and SecondLive.
Other Features: Unique features, such as one-world accessibility, scene upload servers, platform code openness, avatar integration, #KYC requirements, and live features, vary greatly among these platforms.
Adoption and Events: High-profile events and institutional adoption are currently limited to Decentraland and Sandbox. Please note that some data fields are left blank, suggesting that the dataset is incomplete or that certain features are not applicable to all platforms.
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