Recently, I've been hearing a lot about the lack of altcoin hype, but personally, I prefer to go against the grain. Given the high FDV of new coins, some projects that have weathered the bull and bear markets and have been around for a while seem worth focusing on. After all, in the past few days, several long-stagnant old coins on the chain have suddenly exploded, resulting in increases of dozens or even hundreds of times. Of course, my participation in such projects is not just based on the token's K-line information; there's something more important. The project is continuing to make moves, with new narratives being fully developed, and the recent collaborations and operational actions being pushed by the project are of high value. I'm talking about this project @veloprotocol. I suggest everyone hit the little bell for this project to avoid missing the next opportunity at the level of $BNB.
Reasons for Recommendation 1️⃣ Project Narrative Upgrade: The VELO Protocol has transformed the entire project's narrative from a payment protocol to a core builder of "Asian Liquidity Infrastructure." This story leaves much more room for imagination compared to the original narrative of being a payment solution, expanding it by at least tenfold. In Web3, creating liquidity infrastructure is naturally more appealing to users and capital than merely being a payment protocol. 2️⃣ Of course, beyond the narrative, we should focus on the core deliverables. If it's all just hot air, I suggest passing on it. I took a closer look at the project's recent collaborations, and they are indeed impressive. To align with the new narrative, VELO has launched a digital credit mechanism based on $VELO collateral, in partnership with SCB Thailand Bank and Asian Digital Bank. You might not be familiar with this, so let me provide some background information: SCB is one of Thailand's oldest and largest banks, established in 1907 with the approval of King Rama V. It is Thailand's first local bank, serving over 17 million customers. 3️⃣ Promoting Physical Assets on the Blockchain: VELO is currently one of the few Web3 projects that can collaborate with BlackRock. It has partnered with Paxos and BlackRock to promote the tokenization of physical value assets like gold. Since the beginning of this year, gold prices have surged significantly. The tokenization of physical value assets not only aligns with the trend of Real World Assets (RWA) in the second half of the year but also creates new revenue opportunities for Web3, attracting traditional capital and institutions, which is a great outcome for large-scale adoption.
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