Teeka Tiwari is out with a crypto teaser, and he's calling it "Big T's Final Call."
It's a long presentation, lasting over 1 hour and 30 minutes, but Teeka leaves enough clues to figure out the cryptos he's hyping up.
In the video below, we'll reveal the cryptos in his Pioneer Profits special report and talk about what the cryptos do.
Additionally, there's a transcript of the video below if you'd rather read about this presentation.
Transcript Of Video
First, we'll start with a summary of the presentation and reveal the cryptos. If you want an in-depth breakdown of the cryptos and what they are, watch past the summary.
Teeka Tiwari is selling the idea that this is the last bear market that crypto is going through, and it'll be the last good time to buy cryptos. He gives a bunch of reasons why he believes this, but the reasons aren't particularly important.
Teeka is a shameless hype man who would steal from his grandmother if given the chance.So take anything he says with a grain of salt.The cryptos he's pitching are Gnosis (GNO), Immutable (IMX), and 1 Inch (INCH).Keep watching to learn what these cryptos are.
What is GNO?
The first coin is GNO, which is short for "Gnosis Network Token," and is a cryptocurrency token that powers the Gnosis platform. Gnosis is a decentralized prediction market and oracle platform built on the Ethereum blockchain. It aims to provide a platform for creating, trading, and resolving prediction markets, where users can make predictions about future events and profit from accurate predictions.
The Gnosis platform allows users to create and participate in prediction markets on a wide range of topics, including finance, sports, politics, and more. These markets enable users to buy and sell shares representing the likelihood of a particular outcome. For example, if there's a prediction market on the outcome of a political election, users can buy shares indicating their belief in a specific candidate winning or losing.
GNO plays a vital role in the Gnosis ecosystem. It serves as the utility token that facilitates various actions within the platform. Users need GNO to create prediction markets, participate in existing markets, and challenge or resolve outcomes. GNO holders also have the ability to govern the platform by participating in voting processes related to platform upgrades and parameter changes.
What Is IMX?
The next crypto is Immutable X which is a layer-2 scaling solution for the Ethereum blockchain. It is designed to address the scalability and high transaction fees associated with Ethereum by providing fast and low-cost transactions.
Immutable X is built on top of Ethereum using a technology called zk-rollups, which allows for bundling multiple transactions together and submitting them as a single proof to the Ethereum mainnet. This helps to significantly reduce the transaction fees and congestion on the Ethereum network while maintaining the security and decentralization of the mainnet.
The IMX token, also known as the "Immutable X Token," is the native utility token of the Immutable X ecosystem. It has several use cases within the platform, such as staking to secure the network, participating in governance decisions, and potentially earning rewards. Additionally, the IMX token may be used to pay for transaction fees and other services within the Immutable X ecosystem.
What is Inch?
The last crypto is 1inch which is a decentralized exchange (DEX) aggregator and liquidity protocol that operates on the Ethereum blockchain. It aims to provide users with the best possible trading rates by sourcing liquidity from various decentralized exchanges. The name "1inch" represents the concept of achieving the best price within a one-inch distance.
The 1inch protocol aggregates liquidity from multiple DEXs, including Uniswap, SushiSwap, Balancer, and more, to offer users optimal trading prices and reduced slippage. By splitting orders across multiple DEXs, 1inch seeks to find the most favorable rates for traders.
The 1inch platform consists of two main components: the 1inch Aggregation Protocol and the 1inch Liquidity Protocol. The Aggregation Protocol intelligently routes trades across different DEXs to ensure users get the best possible prices. The Liquidity Protocol, on the other hand, enables liquidity providers to earn fees by depositing their funds into liquidity pools.
The native token of the 1inch ecosystem is called the 1INCH token. It serves as a governance token, allowing holders to participate in the decision-making processes of the protocol, such as proposing and voting on protocol upgrades and parameters.
1inch gained popularity due to its ability to provide users with efficient and cost-effective trading options across multiple DEXs. It has expanded beyond Ethereum and has launched support for other blockchain networks, including Binance Smart Chain (BSC) and Polygon (formerly MATIC).
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