The latest edition of one of the most important events in the crypto world – the Token2049 was held between April 18 and 19, 2024, at the Madinat Jumeirah resort, Dubai. The event which drew a massive crowd of over 7,500 Bitcoin, crypto, and altcoins professionals and enthusiasts from all around the world focused on many aspects of the crypto space.
Paulo Ardoino, Tether’s USDT CEO was one of the foremost speakers and he touched on topics of AI, Bitcoin (BTC), the halving event and one of the most promising newcomers in the crypto world—ETFs.
Dubai’s Token2049 Crypto Event
Preparations for the TOKEN2049 event in Dubai started out a bit rocky due to the heavy rainfall and flooding problem Dubai recently faced. However, even with the record volume rainfall which Dubai has not experienced in 75 years, the conference was packed with attendees from over 160 countries worldwide.
The Impacts Of The Bitcoin (BTC) Halving Event
The event took place just a few hours before the halving event, and, of course, Ardonio, Tether’s (USDT) CEO, touched on it. He noted that the effects of the halving event are fading in time since more than 19.5 million BTC have been mined as of now so the situation is different from previous halving events.
Besides, the date for the halving is known worldwide, so everyone is already braced for the effects and the halving is likely already priced in, especially if you consider Bitcoin’s (BTC) price increase leading up to the event.
ETFSwap’s Token Is One Of The Best Altcoins?
During the event, Ardonio mentioned that Spot Bitcoin ETFs are one of the most bullish developments in the crypto space even though they just launched in the US, this January. BlackRock’s CEO, Larry Fink, has also mentioned that many retail investors have been investing in ETFs.
Ardonio, praising the ETFs, also mentioned that spot ETFs, especially in the US, have made it very easy for many retail investors who previously lacked the knowledge, interest or even trust to purchase Bitcoin (BTC) from available crypto exchanges.
He believes that ETFs are the best way for crypto newbies to enter into the crypto world and emphasized that ETFs should not be used for investors looking for quick profits.
Ardonio who is also CEO at Bitfinex recognized that trading volumes on Bitfinex grew significantly ever since the time the ETFs went live. This shows the potential of ETFs over other altcoins.
BlackRock’s CEO Larry Fink also once mentioned that tokenization will be the “next generation for markets,” which makes ETFSwap’s (ETFS) offering more exciting. Fink even suggested that tokenized real-world assets like ETFS could even end up bigger than Bitcoin (BTC), meaning that ETFSwap (ETFS) is set to gain more prominence when that time comes.
ETFSwap (ETFS) Is The Best Platform For ETFs
The most bullish crypto project in the crypto ETF category is the ETFSwap (ETFS) trading platform, which allows investors in its ecosystem to seamlessly trade exchange-traded funds from a wide variety of real-world sectors including, technology, health, transportation, oil, and gas, giving investors many options to trade from.
ETFSwap’s tokenomics strategies are designed to be fair and inclusive, and to align with investor incentives with a focus on building up a vibrant community of stakeholders on the platform.
ETFSwap (ETFS) is a dedicated decentralized finance (DeFi) platform that allows users to swap different cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) with exchange-traded funds (ETFs) on-chain. ETFSwap (ETFS) supports ETFs from various sectors including technology, health, transportation, oil, and gas, giving investors many options to trade from.
ETFSwap (ETFS) unlike other traditional platforms supports instant settlement of tokenized ETFs. With this investors can redeem any of their investments at their time of choice without long waits.
ETFSwap operates a permissionless access framework allowing users to trade freely with the usual long list of KYC requirements they have to fill out when investing in Real World Assets (RWAs) on other platforms.
Investment Opportunities With ETFS
ETFS is built to be deflationary which can help maintain its price and compete well with other tokens available in the market. 40% of the total volume of the ETFSwap (ETFS) supply is reserved for investors. Everyone is able to invest in this groundbreaking as the current sale price for the ETFS stage 1 presale is as low as $0.00854, with the stage 2 presale slated to be sold for $0.01831.
Holders of ETFSwap are also entitled to governance rights to participate and help in deciding the token’s ongoing future. But that’s not all, holders of ETFSwap (ETFS) also stand a chance to earn up to 87% Annual Percentage Rate (APR) yield. The platform also allows ETFS tokens to be staked so investors can earn a passive income while also supporting the entire ecosystem.
For more information about the ETFS Presale:
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