Top 2 ALTCOINs Which Are Still Undervalued? 10x Soon! Chico Crypto
Welcome to Watch Crypto! In this video, Chico Crypto talks about 2 altcoins which are seriously undervalued and have the potential to 10x to reach a value that makes sense for them.
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Name of Organizations/companies/persons used in this crypto video
- Goldman Sachs (Also used the term “sock bois” or “Goldman socks”)
- Galaxy Digital
- Mike Novogratz
- Blockchain Leaks
- Confidential Computing Consortium
- Google Alphabet
- Alibaba (AntGroup)
- EEA (Enterprise Ethereum Alliance)
- Mr. Swim
- Dawn Song (CEO of Oasis)
- Google's Confidential VMs
- iexec RLC (a project of Confidential Computing Consortium)
- MetaHero (a project of Tenset)
- OasisProtocol $ROSE (Goldman's new DeFi ETF)
- Keystone (one of 4 projects the Confidential Computing Consortium)
Other Important Terms Used
- Tenset ETF 2.0
- George Soros’s investment fund
- exchange-traded products (ETPs)
- Security and Exchange Commission (SEC)
- Goldman’s ‘DeFi’
- Solative Blockchain Technology
- Solative Blockchain Technology Performance Index
- Solactive Decentralized Finance and Blockchain Index
- Solactive factsheet
- Chico Army
- TEE (Trusted Execution Environments)
- Intel® SGX
- Korean TV Station
- ERC-20 token
- Privacy Preserving Computation
- Iexec released version 6 (iExec V6)
- All major companies are entering into the crypto including some world most trusted names.
- Goldman Sach is publishing research.
- From Europe now they are moving to America and Goldman’s ‘DeFi’ ETF Is a Nothingburger
- Chico crypto will launch website Blockchain Leaks. Solative Blockchain Technolgy Performance Index was read for block chain technologies where 20 companies from different countries were listed who are involved in block chain and digital currency. Many of the companies are part of the Confidential Computing Consortium
- iexec RLC is a project of Confidential Computing Consortium.
- Sponsored section by Tenset that are bridging the gap between crypto and traditional businesses. Their first project will be MetaHero which is a hero token. Tenset ERC-20 token currently trading on UniSwap and Gate.io.
- Oasislabs is one of Google’s Confidential VMS partners. iexec and oasis would be high on list of actual cryptocurrencies within an ETF if Goldman Sachs issues one.
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Summary: All companies are entering into the crypto including some world most trusted names.
It seems like everyone is wanting a piece of the crypto pie lately! Amazon is posting jobs looking for a digital currency and blockchain lead, George Soros’s investment fund is investing in Bitcoin, and even the Rothschilds and Rockefflers are dabbling in cryptocurrencies and crypto based assets. Well we have more, another major entity is looking to dabble in the crypto pie.
Summary: Goldman Sach is publishing research.
Goldman Sachs Putting research reports that it on top of mind as new asset and now thinking to go into partnership with Mike Novogratz’s Galaxy Digital. They are also setting up exchange traded products (ETPs) of bitcoin in Europe.
So who is this entity? Getting themselves their slice of pie!? Well it’s not anybody new. This year has been filled with headlines about them getting involved with Bitcoin and crypto! So who is it? Well it’s the sock bois. Goldman socks...Or, Goldman sachs...I’ll say it right just this one time, but for the rest of the episode it’s Goldman socks! So what have they done throughout the year?
They have been putting out research reports on crypto. In May of this year, they were saying it’s on the top of mind...and a new asset class? Then the next month in June they started ramping up their Bitcoin trading, specifically with futures in partnership with Galaxy Digital and Mike Novogratz But that isn’t all...Goldman started getting wiley this month in July! Last Friday it was announced that Goldman was helping settle Crypto ETPs in Europe! The Coindesk article states “Goldman Sachs’ prime brokerage unit is clearing and settling cryptocurrency exchange-traded products (ETPs) for some hedge fund clients in Europe, according to two sources with knowledge of the matter. The services are currently being offered to a limited number of clients, and the bank has been reviewing the matter internally as it eyes rolling out these services to a wider number of customers”
From Europe now they are moving to America and Goldman’s ‘DeFi’ ETF Is a Nothingburger
Well the sock bois, didn’t stop with European ETPs this month. They are coming for America too. 3 days ago it was announced they were filing with SEC for a “DeFi” based ETF here in the states. Although Coindesk the very next day, posted this article “Goldman’s ‘DeFi’ ETF Is a Nothingburger” with the subheading “Goldman Sachs filed for a "DeFi" ETF that would track stocks mostly associated with enterprise blockchain.” So their ETF doesn’t include any cryptocurrencies . It’s for stonks involved with enterprise blockchain! What a bummer in the summer right!? Such a nothingburger...well not so fast & this is why Coindesk is always going to be a step behind Chico Crypto and my coming competition to them, my own media website.
Chico crypto will launch website Blockchain Leaks. Solative Blockchain Technolgy Performance Index was read for block chain technologies where 20 companies from different countries were listed who are involved in block chain and digital currency. Many of the companies are part of the Confidential Computing Consortium
So, yes at your first glance, you would think stonky stocks...this is a nothingburger. But if you dive down the rabbit hole and see what others don’t. You realize that this does tie back to actual cryptocurrencies! So the Block also covered this ETF and they said “Per the filing, the fund "seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Decentralized Finance and Blockchain Index” So from checking out this index, Solactive we can see what stonks or companies are likely to be included in the Goldman DeFi ETF! Checking out the Solactive factsheet from the 27th, we can see the companies that are included within it.
A list of over 20 companies, from all over the world, who are somehow involved in blockchain and digital currency. But something sticks out to me….many of the companies listed are also a part of a consortium called the Confidential Computing Consortium.
Listed on both...Google Alphabet, Accenture, Cisco, Facebook, Microsoft, Intel, and Alibaba (AntGroup)! Soooo is this just a quinkiedinkie that 7 companies most likely going into the Goldman DeFi index are also a part of this Consortium? No it’s not...there are always more coincidences than meets the eye...So the next question is what crypto companies could be doing some serious things for these companies within the consortium?
iexec RLC is a project of Confidential Computing Consortium.
Well scrolling down into the members. There is one that stick out to us and the Chico Army. I project I have been a long supporter of. That is, iexec RLC!! So if you go to the projects of the Confidential Computing Consortium, all 3 of the projects that have been built, are all involved with TEE (Trusted Execution Environments). If you didn’t know, iexec in collaboration with one of the members, Intel, wrote the EEA (Enterprise Ethereum Alliance) trusted compute specification, which as we can see Trusted execution environment are one of the trusted computes supported by this specification! And then, just last week, on the 20th. Iexec released version 6 of their platform and as we can see from the medium post about the release iexec says “ Public Worker Pools with TEE: iExec V6 makes this possible! Enclaves in production mode is a particularly exciting milestone as it allows for TEE Public Worker Pools! iExec has always had the goal of rewarding individual workers for executing confidential computing tasks. This means that machines are enabled with ‘Trusted Execution Environments’ (TEE), specifically Intel® SGX.” Hmmm is all Chico has to say!! But there may be a crypto project, a new one I haven’t covered who could have even bigger connections!!
Sponsored section by Tenset that are bridging the gap between crypto and traditional businesses. Their first project will be MetaHero which is a hero token. Tenset ERC-20 token currently trading on UniSwap and Gate.io.
Summary: OasisLabs is connected to the consortium
OasisProtocol $ROSE of Goldman's new DeFi ETF. CEO of Oasis, Dawn Song, is working to develop a new TEE called Keystone and that is one of the projects the Confidential Computing Consortium is working on! So now back to the members of the Confidential Computing Consortium! And I gotta thank a CryptoSwim on twitter for this research as they were looking into Goldman’s ETF too! ANd if you wanna give swim a follow, his profile is linked in the description! But Mr. Swim tweeted “It might be a good idea to look into crypto projects connected to the consortium and to the companies with in Goldman's new DeFi ETF. OasisProtocol $ROSE is one of those projects. Check out this tweet for how OasisLabs is connected to the consortium” Yeah Oasis is actually one of the founding members! Now let’s go dive into some more of Crypto Swim’s research! Swim tweeted “Also we can see that TEEs are an important focus for the Consortium as well as a fundamental focus for Oasis In fact the CEO of Oasis, Dawn Song, is working to develop a new TEE called Keystone...which is one of 4 projects the Confidential Computing Consortium is working on! Which he posts picture confirmation of... That is BIG! That is hot! But CryptoSwim doesn’t stop there! With his recent tweet thread he continued “We can also see the connections are more than just superficial. In this presentation on Privacy Preserving Computation, Accenture specifically gives OasisLabs a shoutout. They also discuss the importance of various technologies Oasis is integrating. Which if we click into the accenture document and search by Oasis...yes it is true!! Accenture seems to be bullish on Oasis
Oasislabs is one of Google’s Confidential VMS partners. iexec and oasis would be high on list of actual cryptocurrencies within an ETF if Goldman Sachs issues one.
That isn’t all folks, Swim tweeted just under this “We can also see that OasisLabs is listed under partners for Google's Confidential VMs. He posts the picture proof but we can confirm as well. Going to Google’s Confidential Computing and clicking on partners. Yes there is Oasis Labs!! Big connections for Oasis, and that makes me bullish! But remember, iexec and oasis, are both big players in the confidential computing space! Many of the Goldman ETF companies are apart of the confidential computing consortium. If Goldman is ever going to list actual cryptocurrencies within an ETF...I would think these two would be high on their list.