We’ve got an exciting announcement this week…Zash is now all in on Web 3.0 and to celebrate we’re throwing our very first in person event this Thursday!
Zash Event 🎉
Interested in Web 3.0? Want to step out of the metaverse and into reality? Come enjoy some cold beers and good company with us (in person!) this Thursday.
We are hosting are inaugural Christmas party and our first Web 3.0 meet up this week and there’s about 50 spaces remaining, so if you haven’t already got plans for business meeting in Downing Street come join us and register here!
P.S.
If you can’t make it on Thursday be sure to follow us on Instagram for live updates from the event and maybe even some sneak peaks at our latest product updates.
Creator of the Week 🧠
Our Creator of the week is Tim Soliman, a student at Westminster Business School where he studies Finance & Business Management. Tim also works with Zash as a campus ambassador
1. When did you get into cryptocurrencies and why?
Cryptocurrencies entered my horizon the first time around 2016, when the hype around Bitcoin first began. Whilst I was interested, I wasn’t yet ready to take the risk of investing in cryptocurrencies. Fast forward to 2020, and now that cryptocurrency trading platforms are well established, and exciting opportunities were emerging in the market, I decided it was time to just do it. This was around the same time that Dogecoin was the talk of the town. The massive gains that amateur investors were seeing tipped me over the edge, and I didn’t want to pass on any further opportunity.
2. In your opinion, what is the most important thing to understand before making your first crypto investment?
Cryptocurrencies are vastly different to regular stocks. There is inherently more risk involved and the market fluctuations can be much more severe. However, this is exactly that draws so many people towards cryptocurrencies. Volatility creates opportunity, and there is an abundance of volatility in the crypto market. My advice is simple, educate yourself. When investing in any asset class it’s important to understand different valuation methods as well as understanding the whitepaper associate with the coins you invest in.
3. Top coin for 2022 and why?
This is a tough one. My number one coin would have to be bitcoin, it is the only cryptocurrency that has the ability to replace fiat currencies, and the only coin that can act as a store of value. Aside from this I would watch the various DeFi coins available. The functionality of many of these coins will make them invaluable to the industry. In particular I would watch PolkaDot, BinanceNative, and Cosmos.
Web3 Insight 🌐
It’s been another bad week for peoples crypto portfolios, but while prices are down the level of settlements and crypto adoption by mainstream players is still growing.
Switzerlands biggest online bank is set to open its own crypto exchange in early 2022, which follows news that German banks are exploring the possibility of offering crypto services too - all is not lost!
Kickstarter announced exciting news about the future of crowdfunding and how they’re committed to a more open, collaborative and decentralized future. This will take shape in the form of a decentralized version of Kickstarter on the blockchain!
In some slightly more humorous news (or sad depending how sadistic you are) a typing error cost one unfortunate NFT owner more than $250,000 as he accidentally undersold a hot piece.
Reading List 💡
Ever been told your crypto investments are useless because trivial tweets and gossip can impact price? Enter a HBO reboot and just like that you’ve got a ready made comeback…
Stock market crash in 2022 or the start of another bubble? Strategists have differing opinions but make sure yours is well formed and read both sides of the argument before making any rash decisions.
Thats all for now, don’t forget to follow us on Instagram and Twitter!
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