Steem Crypto Acadey Week 6 Homework task post @besticofindcer// How to Invest in Cryptocurrency A Beginners Guide.
Hello everyone,
Welcome to the steem Crypto Academy I will discuss with you below about the works of Week 6 as much as I have ideas or as much as I can learn.
Today's homework was the task:
You need to do your own fundamental analysis and select the a crypto currency to invest in 2021. ( coinmarketcap.com : Token Rank Should be between 100 - 400 range | ( Excluding Steemit) )
Prepare a article explaining the factors you considered for your selection considering followings
- Read the project whitepaper and explain the project concept
- Discuss the social reach , project purpose , team , response from the market for the particular project.
Discuss the factors supporting your decision and explain why the particular project will be a good investment.
Below I will discuss the TELOS project in the post:
Before investing the money we earn in any project, we must pay close attention to the objectives, possibilities and activities of the project. We always hope to make a good profit by investing in any project. I got a glimpse of fundamental analysis from the last speech of the professor. I am investing in a potential project by doing a basic analysis which I have found the good aspects of the project its purpose their social activity sincere team everyone positive
TELOS is an unapproved third generation blockchain focused on empowering the public and building a decentralized financial system. It is a network in an ecosystem that enables visionary leaders and communities to work together to shape a new global economy. It provides a blockchain perfect platform blockchain solution and it supports all smart contracts in EOSIO.
TELOS acts as a decentralized administration and authority to decentralized autonomous communities without any decentralized authority. A highly scalable network can seamlessly integrate with applications to build a global economy.
Literally more than 100 people are independent of each other who started this network. We consider the people who joined and contributed to the founders of this day. It is an efficient decentralized energy efficient fast and secure blockchain. A Mainnet Plus has been running for 2 years
It has been running Mainnet plus 2 years. It has plus 100 daps in the chain. According to blockchain data, it is one of the most active blockchains on the planet. It has top-notch administration. And built by a support team of 100+ developers using open source material according to EOSIO and CodeBase.
This Ethereum Virtual Machine handles Ethereum Smart contracts that have already been launched It quickly improves Ethereum's utility over block times and significantly lower transaction fees for users, especially those related to DeFI applications, without any change in the user experience.
TELOS has a T- swap platform and all tokens from DPS can be easily exchanged. Immediate instances during migration may be included. There are many good reasons to gain visibility in all ERC 20 markets and from now on the EVM Ethereum Virtual Machine that we call which has already started will bridge the ETH blockchain on the TELOS network that has already started. There are many good reasons for this because the use of tea is increasing day by day
This is a white paper of the TELOS project below I discussed the white paper of the Callus project:
They are working hard to make the TELOS blockchain bigger and more efficient by August 2021 according to their road map. ETH 2019 will work in its next phase and will probably not come close to lowering gas fees for another year as Canada will not yet have a smart deal. Already between March 23rd and mid-March of the Destroy Beta, EVM Ethereum Virtual Machine Decide has been released on Voter Mobile. In April and May, Epic Newlife and Discussions will be completely relocated, and although this is not generally thought of as a social media chain. In fact Taylor's will have daily average user and social media interactions more than any chain and much more than voice.
Cubicles will be launched and in the loan it will become clear that it will be the first blockchain business in the world to earn more than M1M from ordinary business users. As the summer draws to a close, which cities, states and provinces around the world are voting and recording using End Decide Voters? And the committee will announce their provocative pilot programs to use the new voting method The initial responses will be overwhelmingly positive. Gas was never considered when the designed Ethereum would be shifted to Details EVMs just to survive most of the country’s older deficits would create more capacity for high-quality DeFI.
Even these high-value BF law applications, however, will all be in the process of transferring their administrative work to the TELOS decision-making process so that voting is free and easy and only the resulting tokens reach Ethereum through them. Every new DeFI protocol launched over the last two months will use it as a de-facto standard or dangerous gift. People named Callas and Ethereum will get better than any other Maxis because integrated usage will be so common that both of them just look the other way as their own extensions.
A big isolation then is that all the really big DeFI transactions have yet to happen but an interesting fact is that all the low priced trains are for its speed. And uninterrupted tags on both Taylor's will come on the oil as they call it or the agency DeFI protocol is now deployed on TV M because people will call by then to save time
Market
The current total supply is about 350 million. What will be the maximum supply is entirely in the hands of the stakeholders. Incorporate network growth as much as possible. Many of us are hopeful that helping the game get into a situation where earning a utility means the supply doesn’t have to go past the actual movement.
Team
The TELOS team is extremely sincere they are working tirelessly to achieve their goals If you ask any questions on their community channel you will get a quick response. The leadership of this project is being greatly encouraged. I have been talking to your team members for several months.
I discussed the features of the TELOS blockchain.
Appropriate economic decentralization developer friendly tool developer grants and short management strong solutions have thirty plus plus developer and a few more features.
Finally I mentioned these things about Aktel Spoken keeping in mind that each of us should take a good look at why he should invest and it will save you money. And you can invest by refraining from the volatile projects that are in the market. I will finally tell everyone to invest wisely.
Thanks for reading my post.
Cc:
@besticofinder
@steemcurator01
@steemcurator02
@steemitblog
Hello @alauddinpabel ,
Thank you for submitting homework task 6 ! You have done a informative fundamental analysis on TELOS project.
It''s a project with an interesting concept and a clear future for sure. nice work [6]
Thank you