Crypto Report - KSM & VTHO

Published:

25 Jul 2020 09:13 ET

Note, the Crypto Reports such as this one are a subset of the Market Lab Reports.

Kasama (KSM) - Polkadot founded by Gavid Wood, former co-founder and CTO of Ethereum, is an early, unaudited, and unrefined release of Polkadot. Kusama aims to serve as a proving ground, allowing teams and developers to build and deploy a parachain or try out Polkadot’s governance, staking, nomination, and validation functionality in a real environment.

VTHO derives its value from activity on Vechain (VET). VET is China's first blockchain based security platform, where each product is tagged to avoid fakes while optimizing the supply chain through blockchain technology, thus lowers costs while improving efficiencies. Top gun investors Jim Breyer and Tim Draper have a stake in VET. Three of VET's most important projects include its partnership with Shanghai Gas, Walmart, and H&M’s sustainable deployment. By increasing the VTHO generation rate, more VTHO will hit the market, potentially lowering the VTHO price and bringing the transaction cost down. In a similar manner, TFUEL derives its value from THETA. TFUEL experienced a massive move higher earlier this year. VTHO may experience something similar.

Like what you read?

Let us help you make sense of these markets by signing up for our free Market Lab Reports:

This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.