Raoul Pal & NFT advice
Wonderful and spot-on Tweet thread on the problems with NFTs care fo Raoul Pal. As Raoul says gamification is all well and good, but when overegged it smacks more of scam, rug pull, and simple BS ("Oh, what a tangled web we weave, when first we practice to deceive!" - Sir Walter Scott). Over to Raoul:
FIX00 could not agree more, and being old-fashioned and believing the product/asset and not the games are what matters we are keeping things straightforward and transparent. FIX00 NFTs are asset-backed by tangible and valuable real-world rubies which have centuries of proof as stores of value and thus making them real inflation hedges and wealth protectors. FIX00 is pricing the digital rubies at 1/3 appraised value, and as such we think there is a substantial value proposition for our community and investors. In addition, by buying FIX00 utility token you get a deep discount which affords you the right to triple your money/wealth. Quality of asset and transparency of value are as gamified as the FIX00 project gets. 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. One of the key areas we deal with for consumers of our asset-backed NFTs is that FIX00 covers the real-world cost (the carry) of insuring the Rubies, housing them securely in a depository .... FIX00 covers these costs in perpetuity. No one else does that for its clients/consumers whether it be for gold, diamonds, watches, cars, etc FIX00 is what all crypto should strive to be - transparent, simple, and with an obvious value proposition.
For a short overview of the FIX00 project 🙂 please use this link: The Start of something new
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