Differentiation
Differentiation is a noun and "the action or process of differentiating or distinguishing between two or more things." There is an old investing adage in troubled times about buying "the least dirty shirt". It assumes that no investment is perfect or without issue, everything is a dirty shirt, but that some are cleaner than others and those are the ones you should buy. Obviously, with the cryptoverse experiencing a rapid fall from grace and the failure of many of its supposed leading light companies, the dirty shirt analogy is certainly fair. Understandably there is much wailing and gnashing of teeth, and the naysayers are happily dancing on the grave of crypto. The following article highlights scams and a growing lack of trust - all of which is understandable given what has been revealed as the tide has gone out: Crypto DeFi is dying; here’s why https://medium.datadriveninvestor.com/crypto-defi-is-dying-heres-why-c2a8956b04b8 Trust is hard earned and easily lost. The article's criticism is warranted and there are hard lessons to be learned by VC's, founders, and consumers. For the purposes of today's blog commentary, we will succinctly detail why we fervently believe the FIX00 project is not the least dirty shirt but a clean shirt, a model for recapturing trust (spoiler alert - transparency is key). FIX00 differentiation: FIXOO is the anti-christ of Tether, they refuse to open their books and give transparency to their liquid holdings, their assets. Accordingly, there is doubt, and words are not enough (trust is earned in bear markets, not given). FIX00 is all about transparency, you can verify our ruby, its insurance, its history and assessment, the depository holding the collectible, etc We have a UK company, which means absolute rule of law and transparency of detail - most crypto projects hide in low jurisdiction offshore centres, where transparency is a dirty word. We have nothing to hide, we do not deal in promises we deliver assurity because our community and consumers deserve nothing less. Particularly in this era of doubt. That is why FIX00 is not just different, but a lighthouse in a sea of mediocrity.
For a short overview of the FIX00 project 🙂 please use this link: The Start of something new
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