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The stablecoin sector is one of the most interesting in the market. These advanced tokens continue to evolve and change to meet new demands or methods of fighting volatility. Today stablecoins come in all shapes and styles. Consequently, it can seem like a daunting task attempting to unravel all the competitors and the market in general.

The good news is that the stablecoin market is closely monitored today by multiple sources and data is readily available for those who seek it out. Stablecoins are no longer just a concept. Today, they are a vital part of the blockchain industry. To put the sheer size of this market into perspective. As of January 2023, the total stablecoins market cap is $138.4B with analysts predicting continued growth in some areas moving forward.

What are Stablecoins?

The stablecoin concept grew from a desire to create a digital asset that was immune to the volatility experienced by other digital assets. Cryptocurrencies like Bitcoin and Ethereum bring a lot to the table in terms of convenience and trackability. However, their value comes from their market cap and demand. As such, digital assets are usually extremely volatile.

This landscape began to change when developers started to configure different ways to keep their creations stable during volatility. The first stablecoins used self-adjusting returns and algorithms to attempt this process. It’s surprising to people to learn that crypto-backed stablecoins were among the first.

Fiat-backed and commodity-backed projects weren’t too far off with the introduction of Tether (USDT) marking a significant change in the market. Tether was the first stablecoin to be placed on an exchange. This maneuver proved to be a game changer as it enabled traders for the first time to be able to escape volatility on these platforms without exiting the blockchain market.

Regardless of how a stablecoin is maintained, the majority attempt to keep a 1:1 peg to fiat currency. This means that 1 USDT is equal to $1 in most instances. Of course, these platforms aren’t perfect and there are times where the peg will be off by a few cents in either direction. Still, there are so many advantages of these digital assets that can’t be ignored. As such, they are a vital tool in most traders’ arsenals today.

The Stablecoin Market is Vibrant

One of the first things to understand about the stablecoin sector is that new projects are entering every few months. These new protocols seek to improve on their predecessors through the integration of proprietary systems. When examining the market as a whole, it becomes evident that there is far more activity going on in terms of developers than just the Tether project.

Statistics show increased daily activity in both algorithmic and commodity-based projects as well. These systems have seen considerable growth in users as they provide a way for people to escape the inflationary concerns currently battering the fiat sector. Inflation is a loss of buying power in a currency and in many parts of the world it’s at a 40-year high which has led people to explore other options for long-term saving.

Stablecoins are Becoming More Dominant

Despite the total crypto market experiencing a retraction over the last year, the stablecoin market has seen its dominance in the industry increase. Analysts point out that the crypto market has seen as much as  $1.2 trillion decline compared to its peak. However, even with some projects down over 50% from their all-time high, stablecoins are doing their thing.

Stablecoin dominance fluctuated through the year with the average being around 5.6%. There are also times when stablecoin usage peaked at 17%. This dominance came about due to extreme market conditions such as when the FTX exchange collapsed. During these times of uncertainty, people converted to stablecoins to prevent losses.

When you delve into the market you can see there are some key players currently. At this time, USDT is still the most popular option for short-term volatility effects. The project currently has 49% dominance in the sector. It’s followed by USDC with 30% and BUSD, Binance’s stablecoin project, at 11%.

Ethereum-based Stablecoins are the Most Popular

When you break down the stablecoin data further based on blockchains, you get some interesting insight into the market. Currently, the majority of stablecoins are on Ethereum 59.9%. This discovery isn’t hugely surprising as Ethereum is still the largest DeFi and Dapp community.

Surprisingly, Tron 27% has a larger share of the market than expected at 27%. The Binance smart chain falls in third as it’s the backbone of BUSD. From there, you delve into proprietary blockchains built specifically for the projects they support and other styles of stablecoins in operation.

The stablecoin market in general has shrunk alongside the rest of the cryptomarket. This decline from $167.9 billion on January 1, 2022, down to $138.4 billion on January 31, 2023, can seem like a bad thing but, when you zoom in on the rest of the market, it makes perfect sense.

When the entire industry is in a bear market, it’s understandable for the sector to shrink by 17.6%. Of the main blockchains used to host stablecoins, Solana experienced the biggest decline in usage dropping 69.1%. Notably, other networks experienced growth in terms of stablecoin projects. Binance (BUSD), USDC, and META 1 Coin saw growth last year even with the market conditions getting rocky for most projects.

Fiat-backed Stablecoins are Shrinking

One interesting revelation this data reveals is that fiat-backed stablecoin projects are less popular than before. Projects like the Gemini dollar and even the market leader USDT, have seen declining usage due to their limited long-term store of value characteristics.

Fiat Stablecoins by Currency

There are more USD-backed stablecoins than any other fiat currency. USD stablecoins show a 98.9% dominance thanks to the success of projects like USDT and their integration into most major CEXs. In total, there are around $137 billion in USD-backed tokens in circulation. The remaining fiat projects can be attributed with roughly $1.45B in market cap with the majority being EUR-backed projects.

Types of Stablecoin Holders

The Blockchain Research Lab recently conducted some testing to try and better gauge the number of traders using stablecoins at this time. According to their tests which surveyed 427 random crypto holders, stablecoin use is essential. Almost 75% of those surveyed said they hold stablecoins at the moment.

The reports showed that only 9% had never used stablecoins prior. Additionally, the same report revealed that only around 10% of stablecoin holders leverage their tokens for long-term saving. This stat makes sense since the majority of stablecoins are fiat-backed and inflation has made it nearly impossible to save using these assets at the moment.

Over-Collateralized Versus Undercollateralized

Delving into the structure of stablecoins, it’s easy to see that most derive value from off-chain assets via an over-collateralized reserve. This approach is highly effective but does make the user rely on the issuer to provide accurate audits and reserves. Endogenous stablecoins, those that use other digital assets to remain stable, are the least popular at this time.

Fiat-backed Stablecoins Are Not Used for Major Purchases

Another interesting fact that researchers revealed is that the majority of stablecoins aren’t used for making purchases. Only Tether has seen real use to make payments in the market. Other stablecoin projects are serving the role of volatility escape for traders the majority of the time.

Stablecoin Usage Depends on Your Region

Another cool fact is that stablecoin users vary based on their country. For example, Asian stablecoin users are more likely to rely on commodity-backed projects versus fiat stablecoins such as their Western counterparts. This stat makes sense as there are more exchange restrictions in Asia which means that fewer people are using these assets to trade versus attempting to escape inflation and save.

Another funny yet eye-opening stat is that there are a lot of people that lose money on stablecoins for dumb reasons. The most common reason you would lose money on your stablecoin purchase is by making it when the tokens value is slightly above $1. Project holders for DAI and other popular tokens have experienced this phenomenon where it’s difficult to keep the value of the token pegged to $1 versus higher values.

When you pay more for a stablecoin than its peg, you are throwing money away as the project is designed to correct and shed off this added value. That means if you are going to trade into a stablecoin you should always wait until it’s slightly under its peg or exact.

CEX Stats

Zooming into CEXs (centralized exchange) to gain more insight into these assets’ usage, you can see that stablecoins is the primary type of stable asset on these platforms. Fiat-backed stablecoins control approximately 75% of the stablecoin exchange market share. Additionally, the majority of all stablecoin activity happens on these massive platforms.

Amount of Stablecoins Stored on CEXs

Researchers revealed that the amount and value of stablecoins in use on CEXs are on the rise. The reports show that there are +$36B in stablecoins currently in circulation on CEXs globally. This number continues to increase as more exchanges and projects launch.

Fully Decentralized Stablecoins Are Harder to Maintain

Another eye-opening revelation is that decentralized stablecoins have a much higher failure rate than their centralized counterparts. Herein lies one of the conundrums of the stablecoin concept. How can you provide accurate reserves and transparency to users while using off-chain assets held by a third party?

Notably, fully blockchain-based seigniorage algorithmic stablecoins were introduced as the solution to this problem but they haven’t been able to fully figure out a solution. The problem with using all on-chain assets for reserves is that there are times when the entire market declines. During these instances, it can be impossible to acquire enough reserves on time to remain stable.

New Forms of Stablecoins Are Changing the market

When you break down the rest of the market that isn’t using fiat stablecoins, you see that commodities make up the majority of non-fiat-backed projects at 67.4%. Commodity-backed stablecoins recently got some major upgrades with the introduction of safehaven tokens.

Safehaven Tokens

Safehaven tokens can be thought of as evolved stablecoins. They are specifically designed for saving and include features to help protect long-term value and decentralization. The safehaven concept is still new but there are already some exciting projects pioneering the concept.

META 1 Coin

The META 1 Coin project is the most advanced stablecoin to hit the market to date. This safehaven token introduces a variety of unique protections to keep you safe over time. For example, only humans can trade META 1 Coins. This decision was made to prevent whales from entering the market in the form of trading groups and bots.

META 1 Coin leverages a basket of gold-related assets to remain stable. This structure is ideal because it provides a long-term store of value traits combined with self-appreciation. Gold has proven to be a solid source of value but isn’t very convenient or practical. META 1 Coin combines the best aspects of gold, crypto, and a variety of protections to prevent losses.

The Future is Stable

When you look at the market and its current direction, you can see why projects like META 1 Coin are seeing massive adoption. People want a stable asset that is both good for saving and escaping short-term volatility. As such, there is strong demand for projects that protect users and provide convenience and stability in a proven package. For now, you can expect to see more growth in the stablecoin market as more people leverage these awesome projects to generate and store wealth.

This year continues to look like it will be one to remember for crypto traders. The industry has matured to the point that there are crypto projects in nearly every sector of the economy. When you couple these integrations with the introduction of faster and more energy-efficient blockchains, it’s easy to see why the technology has become so popular.

Bitcoin Pizza Day

One of the first breakthroughs for cryptocurrencies occurred only a few months after Bitcoin’s launch. The incident which is now famously referred to as Bitcoin Pizza Day occurred when an early crypto adopter by the name of Laszlo Hanyecz made the first Bitcoin purchase.

The purchase was two large Papa John’s pizzas for which he paid 10,000 BTC. While this mega fortune might sound ridiculous nowadays, it’s vital to remember that this was only around $30 back then. Notably, it was the early days of Bitcoin which meant that only a few people had any idea of its massive potential.

Today the event is called Bitcoin Pizza Day by the community as it represents the first time Bitcoin was used to purchase goods in the real world. On this day its custom for people to send some sats to Hanyecz as a thank you for putting up the first coins that led to an entire industry forming.

Mt.Gox

Mt.Gox was the first and largest Bitcoin exchange when it entered service. The introduction of an exchange was a major plus for the market as it provided a way for people to get their hands on Bitcoin without operating a mining rig.

The concept of CEXs has since blossomed into a core feature of the market. Today, CEXS are larger and far more advanced than Mt.Gox but all owe their inspiration and history to this mammoth exchange. At the time of its peak, Mt.Gox accounted for +90% of all Bitcoin transactions.

When Mt.Gox failed it sent shockwaves throughout the entire crypto market. The results were massive losses in value for Bitcoin that would last for years before recovering. Today, the Mt.Gox fiasco is still a pain point for users that never received their lost Bitcoin which would now be worth a hefty sum.

Ethereum

No platform has been more influential in reshaping the market than Ethereum. Ethereum was inspired by Bitcoin and other decentralized networks. However, unlike BTC, Ethereum was a decentralized operating system that enabled users to build Dapps on the network.

When Ethereum entered service it was the first network to introduce smart contract programmability. Smart contracts are special protocols that operate on decentralized networks. They are the backbone of the current blockchain market and most new networks include support for these protocols.

Smart contracts enable the creation of Dapps. Dapps serve a vital role in adoption as they are how the average person interacts with blockchain networks. Ethereum is by far the largest and most active Dapp community in the world. Notably, Ethereum remains a pioneering force in the market today.

Altcoin Season

Following the entrance of Ethereum began a slew of new platforms. For the first time, the market had started to see a flood of new networks and strategies. Long gone were the days of simple crypto operating as currency. These new networks were often specialized and purpose-built.

These tokens fell into the altcoin category which means any other token besides Bitcoin. Altcoins began as hard forks of Ethereum and Bitcoin but soon blossomed into unique ecosystems complete with native features and services. AS such, altcoins cover a massive scope of functionality.

Today’s altcoins are extremely diverse. There are tokens meant to service exact industries such as logistics of cloud computing. Some altcoins serve the banking community or operate as utility tokens for games or other services.

The third quarter of 2017 marked the peak of the altcoin season. It was at this time that nearly every new project was seeing massive value gains. These gains were driven by a combination of speculation and new users joining the market. As you could expect, altcoin season couldn’t last forever and the following year a crypto winter began to eliminate the gains made by projects during the bull run.

ERC-20 Token Standard

At the same time, Ethereum developers made a crucial decision that altered the course of the market forever. They decided to take their in-house ERC-20 tokens standard, which was created to streamline making digital assets and networks, and make it public.

The introduction of a reliable and easy-to-use token standard caused the market to balloon quickly. The Ethereum blockchain became home to hundreds of thousands of tokens and the ERC-20 token standard helped to drive adoption.

Standards make it easier for developers to innovate as they are assured of interoperability in the future. The ERC-20 token standard, in particular, is a popular option because Ethereum has the largest DeFi and Dapp community in the world. As such, creating ERC-20 tokens means that users have access to a massive selection of wallets and other features.

CEXs Rise

The same time saw platforms like Coinbase and Binance rise to power. These centralized exchanges were able to become crucial parts of the community because they were one of the only ways for new users to

convert fiat currency into cryptocurrencies. CEXs remain a major choke point and onboarding space for users.

Today’s CEXs are massive platforms that handle billions in transactions yearly. Many of these exchanges have gone on to get official licensing from their regulators making them ideal for large traditional trading firms to leverage.

CEXs have continually improved their features and offerings to meet the needs of the community. Recently, some networks introduced a host of DeFi features to remain competitive against DEXS such as staking and liquidity mining. CEXs have also gone as far as to add FDIC insurance to fiat accounts and more.

Stablecoins

Stablecoins have been a part of the market since its earliest days but it wasn’t until the introduction of TetherUSD that everything changed. TetherUSD launched on the Bitfinex exchange in 2017. It was an instant success but later ran into scrutiny when it was revealed that Bitfinex and TetherUSD’s management shared a lot of the same people.

Stablecoins are unique in that they gain stability through the use of third-party reserves such as gold, fiat currency, or other cryptocurrencies. The goal of stablecoins is to provide a way for traders to escape volatility without having to leave the blockchain ecosystem.

These digital assets have become a crucial part of many traders’ strategies when seeking relief from short-term volatility. Additionally, they are ideal for businesses because they are denominated in familiar fiat currency format which makes them easier for accounting firms to register

Stablecoin Options

Today there are a lot of different types of stablecoins available. Notably, each type of stablecoin has advantages and disadvantages in terms of its capabilities and overall stability. For example, fiat stablecoins are the most popular and widely used. However, they require a user to have faith in the issuing party as constant audits and trust must be established.

Crypto-backed stablecoins are a cool concept because they eliminate the need for audits as all transactions occur on-chain. The drawback to this approach is that there are times when both the reserve currency and the crypto lose value quickly. During these times it can be impossible for these projects to remain stable as it becomes very difficult to balance the reserves.

Bitcoin Hard Forks

There have been a few issues in the crypto market more polarizing than the Bitcoin Cash hard fork. When this incident occurred in 2017 it was a massive debate between the community that turned

heated quickly. At the time, Bitcoin was suffering from crushing congestion. It was nearly impossible to use the network and something needed to be done.

There were two alternatives to the scenario. There was one group that wanted to increase the block size from 1MB to 2MB to enable more data to be processed. The other side of the argument was to not change the 1MB requirements but instead alter how much data was sent per transaction.

The debate got so heated that it resulted in the community splitting and a new crypto called Bitcoin Cash forming. The Bitcoin Cash project had support from many top Bitcoiners and even Bitmain’s mining executives. Despite all of the support, the Bitcoin Core community didn’t want to alter the block size of BTC to avoid having to constantly do so.

In the end, Bitcoin Cash became a fairly successful project while Bitcoin employed other methods to improve scalability such as the Lightning Network and Segwit upgrades. Since that time, there have been a lot of Bitcoin hard forks but none as controversial or heated as the Bitcoin Cash battle.

ICOs

When the ERC-20 token standard went live it meant that nearly all businesses could leverage Initial Coin Offerings to secure funding. An ICO is like an IPO (Initial Public Offering) in that it provides business access to much-needed capital to expand operations and new projects.

The main difference is that an ICO is far less expensive to operate. The cost of taking a company public with an IPO can be +$1M. In comparison, you can launch an ICO for well under $100K. The lower costs combined with the insane amount of funding that these campaigns secured helped to make ICOs a popular option.

ICO usage skyrocketed at the end of 2017 and early 2018. It later slowed as the SEC began to question the validity of some of these projects. This confusion led the ICO market to slow considerably over the last 2 years.

DEXs

The introduction of DEXS has been a real game-changer for all. The first and most popular DEX is Uniswap. DEXs are different from CEXs because they don’t use an order book to determine the value of assets. Most DEXs operate using AMM protocols. Advanced market-making systems connect traders without the need for an order book.

The first DEXS experienced a lot of problems such as slippage using this method of tracking asset value. It wasn’t until Oracle sensors became more reliable that DEXS could use these systems to track the price of digital assets in real time. Today, DEXS are faster, more secure, and offer way more features than their predecessors.

The biggest change to DEXs from their early days is their focus on the user experience. It used to be very complicated for a user to convert to a DEX because they didn’t understand how utility tokens were needed to conduct transactions and other nuances of blockchain networks.

Today’s DEXs look and feel like CEXs in many regards. They have advanced features with some even offering services such as leverage trading and more. The expansion of the DEX market has provided more competitive options for users and improved security.

DEXs drive security because they are non-custodial. This structure means that your tokens trade directly from your wallet. As such, you are never separated from your holding due to upgrades, downtime, hacks, or other issues that have plagued the CEX market since day one.

DeFi Era

The DeFi era has been an exciting one for crypto enthusiasts. DeFi (decentralized finance) is a term that refers to the creation of financial tools on the blockchain. The goal of these systems is to eliminate human intervention and make it easy for anyone to unbiasedly secure passive income.

DeFi is one of the most creative aspects of the market with new features and services entering the industry monthly. Staking and farming protocols are the most common DeFi options available today. Both of these options require you to provide liquidity to a smart contract in exchange for rewards.

Safehaven Tokens

Safehaven tokens are the culmination of over a decade of evolution within the market. These digital assets provide stability through the use of reserves like stablecoins but improve results through the integration of additional protections to keep you safe.

For example, the META 1 Coin prevents whale manipulation by preventing non-humans, trading firms, and bots from entering the market. Additionally, it has an asset control mechanism that prevents pump-and-dumps from occurring. These features coupled with the DeFi options make META 1 Coin one of the most advanced cryptocurrencies ever.

There’s a lot more to come

After evaluating these epic moments in crypto history it should become obvious that every day presents the potential for another breakthrough in the technology. For now, networks like META 1 Coin continue to leverage ingenuity to create even more exciting and useful assets

The stablecoin market continues to expand with new contenders entering the sector frequently. These unique digital assets have become a necessary tool for a large percentage of crypto users nowadays. If you are considering adding a stablecoin to your strategy, it’s crucial to understand that not all stablecoins are created equal. Here’s why most stablecoins aren’t as stable as you think.

What are Stablecoins?

Stablecoins differ from cryptocurrencies in many ways. For one, they maintain stability through the use of a reserve or other mechanism to maintain value outside of market capitalization. Interestingly, stablecoins are among the first types of blockchain assets to enter the market after Bitcoin.

It’s long been the desire of crypto developers and users to create stable decentralized assets. However, the journey to today’s advanced tokens has been filled with experimentation, successes, and failures. Over the last decade, major strides have been made and the stablecoins in use in the market are by far the most effective to date.

Why Do They Matter?

Stablecoins are vital to the crypto community for multiple reasons. For one, they provide a way for traders to exit volatility without exiting the decentralized economy. Before the introduction of modern stablecoins, traders needed to convert their digital assets into fiat currency to avoid major fluctuations in value. This process was cumbersome and would often require the use of CEXs (centralized exchanges).

The first stablecoin to gain popularity was USDT (TetherUSD). This now widely known stablecoin entered the market via integration into the Bitfinex CEX. The integration was possible because the firm behind TetherUSDT, iFInex Inc, also owns the exchange. The integration was a huge success.

Types of Stablecoins in Use Today

The introduction of stablecoins into exchanges changed everything. For the first time, traders could exit volatility without leaving the blockchain. This strategy was a major draw for users and soon other projects began to enter the market. Some platforms duplicated the fiat-backed model, while others tried other methods such as using gold.

Each approach has its advantages and disadvantages. Understanding the key differences between each type will help you to determine the best fit for your personal trading strategy. Here are the most common types of stablecoins in use today and why they may be the right option for some, but not all, scenarios.

Fiat Backed

Fiat-backed stablecoins use fiat reserves to back up their tokens. The best projects use 100% audited reserves and have full transparency with their user base. Fiat-backed stablecoins are denominated like fiat currency which makes them more familiar to users. They are currently the most common type of stablecoin in use by traders today, despite some significant drawbacks.

TetherUSDT can take credit as the first fiat-backed stablecoin to gain popularity. Tether remains a massive project and is the most popular stablecoin in the market today. This fiat-backed stablecoin has spawned dozens of copycat projects and is integrated into most major CEXs currently.

Notably, TetherUSD’s story can serve as a case scenario for the market as the token has had major ups and downs in this strategy. As a pioneer, it’s been a learning experience that has included major growth alongside speedbumps such as going from 100% fiat-backed to a mix of fiat-backing and other paper assets.

Pros

There are some pros to fiat-backed stablecoins that make them a great addition to most traders’ arsenals. For one, they are simple to integrate into any system. These digital assets look like fiat currency and hold similar value. As such, they can be integrated into existing business systems, such as accounting, with little to no adjustments needed.

Fiat-backed stablecoins are readily available in the market. You can find them on nearly every exchange and they are now available in many different fiat versions including USD, YEN, and EURO. This added flexibility has helped stablecoins become an internationally recognized sector of interest within the blockchain industry.

You can send these assets internationally like Bitcoin which makes them more open than fiat currency directly. It’s far cheaper to send value internationally using stablecoins versus traditional methods. As such, large banks are experimenting with stablecoins to reduce transfer costs.

Cons

There are some drawbacks of fiat-backed stablecoins that are worth mentioning. These digital assets suffer from the same inflation that fiat currency is currently under. Fiat currency has seen inflation hit 30-year highs in many parts of the world. As fiat currency loses buying power, so do the fiat-backed tokens.

The main drawback to fiat-backed stablecoins is the need to trust the issuing party. These projects will usually have a centralized party or corporation that is responsible for maintaining the reserves. They will be responsible for conducting audits regularly and sharing information with the community.

Sadly there have been moments where the reserves of fiat-backed stablecoins have been short of their issuance. In these scenarios, stablecoins can fail. It’s also common for them to convert their project backing to include other assets to offset the lack of actual fiat currency on hand.

Fiat-backed tokens are subject to monetary policies indirectly because they rely on fiat currency. If politicians decided they want to print billions tomorrow and crash the value of the dollar, fiat-backed stablecoin hodlers would be in the same boat as their fiat counterparts.

As such, fiat-backed stablecoins are ideal for short-term use and integrations. They aren’t the best option for long-term savers due to their significant drawbacks.

Crypto-Backed

Crypto-backed stablecoins leverage blockchain asset reserves instead of fiat currency. Interestingly, this style of stablecoin was the first to hit the market in the early years. However, the complex nature of these projects has made creating reliable options a long journey for developers.

The first crypto-backed stablecoins leveraged Bitcoin reserves. The platforms would adjust the number of reserves they held to keep the value of the token pegged to $1 in value. The other strategy used by these platforms was to reduce or increase the circulating supply. Both approaches provided the same result, added stability.

Pros

The main advantage of a crypto-backed stablecoin is transparency. Unlike fiat or commodity-backed protocols that require a third party to secure reserves, crypto-backed stablecoins provide complete monitoring capabilities to all users without the need for an auditing firm. This lowers costs and improves user confidence.

Crypto-backed stablecoins provide the most censorship protection because they rely solely on decentralized assets. For example, multiple stablecoins leverage Ethereum reserves to remain stable. These projects will automatically adjust the amount of ETH they hold to ensure the token remains constant.

Cons

The obvious flaw in this approach is that it can be very difficult to use a volatile asset to keep another volatile asset stable. The majority of the time, this strategy is effective. However, during massive market downturns, it can be nearly impossible for a crypto-backed token to fill its reserves if the value of its current reserves is shrinking.

Many projects have failed due to similar circumstances over the last five years. The LUNA/UST crash is a recent example of a crypto-backed stablecoin that lost its peg and was unable to regain it because its backing asset also lost massive value at the same time.

Commodity-backed

Commodity-backed stablecoins use a variety of reserves such as gold, diamonds, oil, and more. These projects gain the advantages of the reserves they leverage which can often equate to long-term saving benefits. The most common style of commodity-backed token leverages gold reserves.

More advanced commodity-backed tokens will leverage a basket of reserves to help diversify their holdings and provide more stability. The multi-asset reserve approach has proven to provide many benefits including the ability to buffer against specific losses. For example, a gold-backed stablecoin would get the advantage of gold’s reputation as a stable asset.

Pros

Commodity-backed stablecoins offer some benefits that their competitors can’t match. For one, they are free from bad monetary policies in that they leverage unregulated or loosely regulated assets for reserves. This strategy provides protection from inflation making these stablecoins better suited for saving value.

Commodity-backed stablecoins have more flexibility which makes them more innovative than other options. There are currently many stablecoins that leverage gold and diamonds. Notably, the market may not be too far away from most industries having some stablecoins based on their offerings.

Cons

There are some drawbacks to commodity-backed tokens that you should consider. For one, they share the requirement for auditing and centralization as fiat-backed projects. As such, it’s vital that you only leverage commodity-backed stablecoins that are reputable and trustworthy.

It’s more difficult to find commodity-backed stablecoins on established exchanges. As such, they aren’t as popular with traders as they have far less liquidity than fiat-backed platforms. The main concern you need to address with a commodity-backed stablecoins is transparency. Only participate in projects that offer real-time insight into the network.

Future of Stablecoins

The success of stablecoins isn’t a coincidence. Traders use these assets daily and there is a growing demand for these tools. The future of stablecoins is bright with major advancements made recently in the concepts and technologies leveraged by these platforms. The latest iteration of the stablecoin offers more to users.

Safehaven Tokens

It took developers 14 years to create the first functional safehaven tokens. Safehaven tokens operate like stablecoins in that they leverage reserves to escape volatility. They improve on the concept of the original stablecoin by introducing smart contract protections into the equation.

These protections focus on the vital aspects of a project including decentralization, whale manipulation, asset value protections, and voting rights. The most popular safehaven token in the market today is the META 1 Coin. The coins founder, Robert P. Dunlap leveraged the decades of trial and error made by previous stablecoins to create META 1 Coin.

Protections that Matter

To see the difference between early stablecoins and safehaven assets, you simply need to review the added protection used by projects such as META 1 Coin to enhance stability and long-term community confidence. Here are the top protections that make META 1 Coin the most advanced stable digital asset to launch to date

Protect The Token Value

A stablecoin can’t exist if it can’t remain stable. Stablecoins in the past have had to solely rely on their reserves and circulating supply to achieve asset stability. META 1 Coin introduces a few other ways that have proven to be highly effective at eliminating volatility from the project.

For one, all trades must meet the minimum token asset value to be complete. The system will prevent any trader from dumping their bags which prevents large-scale pump and dump schemes. Alongside the asset cross-reference mechanism, the protocol ensures all traders are humans and not trading bots or firms.

This strategy reduces trading volume which also reduces volatility. When coupled with the platform’s $5M token limit, it’s easy to see how safehaven tokens raise the bar in terms of user protection and long-term store-of-value characteristics. The token limit is a first in the market and has proven to be a great way to prevent whale manipulation.

Leverage DeFi to Generate Wealth

Another major improvement to the stablecoin concept has come in the form of DeFi options. The DeFi options offers users a combination of ways to generate low-risk passive income without losing their original assets. As such, safehaven tokens that offer features such as DEXs and staking, continue to gain popularity.

Now You Know

The journey to create the ultimate stable digital asset has not been an easy one. Many projects and traders have sacrificed to get to the point where the market is today. Thankfully, you don’t have to do the heavy lifting as projects like META 1 Coin leverage decades of developments to offer a new level of stability to users seeking to expand their ROIs

_{Get Ready for Crypto-Powered Social Media}

There are endless reasons why an industry would want to incorporate blockchain technology and the social media sector is no different. Over the last decade, social media has gone from a past time to affecting nearly every aspect of daily life. The growth of this technology has led it to become a highly influential source of information in the community. As such, it has become targeted by censors and officials seeking to control the narrative.

Today’s massive social media platforms influence many conditions across multiple industries. They have even gained enough following to influence elections and other government tasks. All of this power has led to regulators and officials tightening the reins and taking control over these platforms.

The average person is now being spoon-fed whatever the social media platforms deem proper. Sadly, the main goal of social media platforms isn’t to connect with you but rather to get you to engage and provide data that can then be used to customize advertisements. That’s why your feed contains a mix of exciting and angering posts to make you respond and interact.

A New Day is Here

The social media wars are in full swing with the major contenders being Facebook, Instagram, Tik Tok, and many more. These companies are all centralized and their primary focus is to create profits for their shareholders. This skewed focus has made these platforms increasingly dangerous.

Blockchain social media companies have begun to flourish. These firms take the best aspects of cryptocurrencies and combine them with community-focused features to enable users to benefit as much as the platforms. Here are some of the key reasons why blockchain social media platforms are here to stay.

Censorship Resistant

Anyone who has seen the news over the last few years can attest to the ongoing debate surrounding social media content. The debate usually surrounds to what extent are large social media firms responsible for what their users post. For example, if a Twitter user tells a group to meet up and cause chaos, is it Twitter’s responsibility to take the post down?

The truth is that there is no right answer in terms of a government-focused approach. However, the answer is much clearer when you look at the needs of the people. For centuries, censorship has been used to retain power and leave the population in the dark. The introduction of social media has made it possible for people to see what’s going on in real time without the info being processed and curated to meet certain demands.

This capability has led to massive changes in the way governments can act. The global community has been able to watch and reprimand governments who have been caught on social media doing their citizens wrong. These actions have led countries such as China, to restrict internet access to these sites and information.

Government Crack Down on Discourse

Sadly, in some nations, the only way to access social media is through a tor browser and IP obscuring protocol. There are even nations in the world where you can be imprisoned and tortured for posting anti-government statuses on social media. Sadly, this style of censorship is on the rise.

One of the best aspects of blockchain networks is their immutable nature. These protocols are extremely resistant to censorship because they don’t have a centralized system to conduct these tasks. Blockchain social media protocols operate as pure code with very little human interaction on the back end.

Once data is placed on an open blockchain, there is no way to delete, alter, or censor the information. The data is then viewable to anyone in the world. This level of open communication is a first in the history of man and could one day potentially help keep governments accountable for their actions.

At the very least, these networks provide a place where people can have open discussions regarding sensitive topics without prejudice. Of course, along with this openness, there will be the usual flood of negative and derogatory posts which users will need to ignore or block to cater their timeline to their interests

Decentralized

It makes sense for social media networks to be decentralized from a technical standpoint. Decentralized networks don’t suffer from last-mile issues like centralized ones. Last mile issue is a term that refers to the loss of signal from a centralized transmission point as it extends away and as more users take from the signal.

This degradation of the signal has become more obvious for centralized networks as video has become a major form of online communication. These high-quality clips take up a lot of bandwidth and it’s becoming common for large social media platforms to go down for a few hours due to congestion.

A decentralized social media platform has the reverse effect. The more people that use the platform and the better it operates. There are no last-mile issues as network nodes rebroadcast the data making it ideal for massive global networks like social media platforms. Additionally, it’s more secure thanks to the redundancy of the platform.

Content Creator Benefits

One of the main advantages of blockchain social media integration is the ability for content creators to secure higher returns. The social media content creator sector has gotten very congested lately. Content creators have been forced to think of out-the-box scenarios and push the envelope to stand out against the competition.

The desire to stay ahead of the competition has led social media influencers to injury, jail, and even death. While there is no cure for someone acting recklessly, it can be said that if they had more ways to capture revenue, they wouldn’t have gone to such great lengths to secure a few more followers.

Content creators could post without discrimination on blockchain-powered social media platforms. The openness would allow more discussion on vital topics that have been considered taboo or blocked on other networks. These discussions are often political and their censorship can be traced back to government pressure in most cases.

Content creators gain access to a larger user base as blockchain social media platforms are global. Anyone, from anywhere can access these networks. They, like cryptocurrencies such as Bitcoin and META 1 Coin, were built to serve a global audience. As such, those in repressive nations could find these platforms as the perfect way to share their experiences with the world.

More Earning

Anyone who is a content creator currently will have a few stories of how they are increasingly at the mercy of the platforms. Whenever a platform like Youtube changes its policies or algorithm, it can mean massive changes in a content creator’s income. In many instances, a policy change has led to a defunding of videos that were up long before the creation of the new restriction.

Blockchain social media platform content creators avoid these headaches. They have more ways to secure returns and they aren’t dependent on the algorithm to decide the value of their digital assets. This openness provides content creators with flexibility to build their brand and connect with their followers in new ways.

Followers Gain

Many aspects of blockchain-powered social media experience improve the UX as well. Users gain more earning opportunities. They can secure returns by completing normal social media tasks such as reposting and sharing their moments with the community.

More Privacy

The saying “if there is no product, you are the product” rings true for social media more than any other industry. While large platforms like Tik Tok and Facebook seem free, the truth is much different. These networks harvest your data on a ridiculous scale.

There have been reports that show companies such as Snapchat monitor the location of their followers and other vital data. This information is then used to compile a targeted ad campaign and more. The truth is there is no restriction on how this data is used so it could have endless negative effects on followers.

New Engagement

Unlike traditional social media, the introduction of tokens and other blockchain assets opens the door for a more balanced experience between users and creators. Users can secure returns simply by participating in the community. There are already social media platforms that give you rewards for writing blogs or hosting competitions.

Access to exclusive content

Users have many more ways to connect with their content creators in a blockchain atmosphere. Creators could provide their followers with special tokens for their interactions. These tokens could be exclusive content or an offer that regular followers wouldn’t have access to.

Metaverse Options

When you combine this technology with other fast-growing sectors like the Metaverse, it opens the door for an entirely new social media experience. Imagine a content creator giving his most loyal followers a unique NFT token. The token could act as a collectible that could be traded.

It could also be the access to a variety of special offerings such as private Metaverse concerts and memorabilia. Already, there have been massive festivals thrown in the metaverse with one lasting three days and seeing thousands of attendants. Now imagine getting backstage access and being able to communicate with your favorite creators at a digital festival directly.

Interesting Blockchain Social Media Platforms

There are now more blockchain-powered social media options than ever. Additionally, the major contenders in the market have begun to seek out ways to integrate cryptocurrencies into their systems. These desires will lead to a blockchain-powered network one-day becoming the dominant option in the market.

There are already some cool products that offer a variety of features not found in the competition. These protocols are less known but have the backing of some well known experts and provide open access to their services. Here are a few of the coolest blockchain-powered social media networks in operation today.

Forum

Torum is a social media network that takes cues from both Twitter and Facebook. You can join for free and share your experiences with others. The familiarity makes it ideal for new users as they will have no problem navigating the platform’s many cool features. Interestingly, the Torum network’s development refers to it as an experiment in SocialFi (Social + DeFi + NFT).

Torum is a Metaverse ecosystem that offers an immersive experience to users. You can secure rewards in a lot of different ways on this censorship-resistant network including creating content. There is also a tipping feature to provide support for content creators you enjoy. Notably, all rewards are paid out in the network’s utility token.

Minds

Minds are one of the first blockchain-powered social media platforms to gain popularity. The platform has been in operation since 2015. Its unique combination of features enables it to offer open communication globally and the ability to secure crypto rewards for all users.

The main draw of Minds is its censorship-resistant attributes. You can create insightful blogs and share them with others without fear of having your work reviewed or blocked. Notably, Minds is the brainchild of Whatsapp seed investor Eron Wolf. To date, the platform has seen considerable growth with over 15 million global users.

Dtube

Those seeking an alternative to Youtube for their video hosting purposes will find that Dtube offers a familiar experience with more options. The goal of Dtube was to create a high-censorship-resistant video posting site. Today, the network provides an excellent location for discourse on several topics that mainstream social media has banned.

The platform offers no ads to users which already makes it a better UX than YouTube. You can also see more data on videos such as who liked or disliked each post. Best of all, content creators and users secure returns for sharing videos and producing content. As such, the platform has become a crucial decentralized video search engine.

Crypto-powered Social Media is Ready to Take Over

When you look at the history of social media it’s interesting to see what platforms were victorious and what networks faded. When you review the data it becomes obvious that the platforms that offered users and content creators more were able to secure the best returns. As such, the crypto social media integration will continue without delay.

When you think about the massive scale of financial corruption in the world today, it may seem like the average person is ill-equipped to tackle this problem. Over the last few decades, the financial system and government interests have merged further to create a state of financial fragility that can’t be sustained. One of the main differences between this situation and past economies is that the people have the tools to fight back.

Get Educated

The first thing you need to do if you want to fight back against financial corruption is to get educated. You need to look at money as a stand-alone subject and you need to do some research. You should understand the history of money, why it’s paper now, and how the global economy has shifted over the years, and more importantly recently.

You need to learn about the types of income, passive, portfolio, and earned, and how your focus dictates your results. Earned income is what you get from your job. It’s easy to spot because it’s income that stops if you stop showing up. Notably, it can be wise to retain your earned income even after your passive and portfolio income achieves your goals.

Portfolio income can fall under stocks, commodities, and other paper assets. This style of income is good to understand and possess. However, it’s rare to meet someone who lives off their portfolio income. This scarcity is because most portfolios require substantial capital to produce livable returns.

Passive income is the best option when possible. This form of income continues to come in for past effort even when your hands-on labor is completed. In the past, royalties, rental payments, and residual commissions were the most common forms of passive income. Today, there’s an entirely new class of highly accessible passive income stream via DeFi (decentralized finance) networks.

The History of Money Makes a Difference

There are many reasons why the history of money is just as important as its future. For one, you will be able to better understand the concept of money as an emotion when you see how it has shifted to many different forms over time. Today, there are digital currencies, before that was fiat, and if you keep going back you can trace the history to the point where it became simply any item that fit the criteria.

The history of money will help you to see how global conflict has reshaped the economy. War is the one occurrence where countries must spend un-relentlessly. As such, it has always been a catalyst for economic shifts. In ancient times, nations would keep their funding in gold. Gold was ideal because it was not controlled fully by any nation and it was hard to fake.

These same traits, plus portability and convenience helped paper money become popular before digital transactions took over. Today, the financial system is on the brink of another major alteration. For the first time in recorded history, there are reliable and secure decentralized currency options.

These currencies are not beholden to any single country with many even being incorporated out of the jurisdiction of centralized regulators like META 1 Coin. This structure helps to buffer long-term savers against regulatory bite back. It also enables the network to provide more features and services to a global crowd.

You can see from the history of money that there has been a steady push toward digital currencies since the mass adoption of smartphones. Decentralized networks require far less infrastructure than traditional financial institutions which makes them a more attractive option for emerging economies and developing nations.

Fight the Issues Facing Savers today

There are many ways in which you can fight the issues that keep the average person from achieving final success. Each concern needs to be addressed individually to get the best results. Here are some of the top issues faced by savers and how you can leverage digital assets to protect against their negative effects.

Inflation

On the top of the list is inflation. The loss of buying power in fiat currencies continues to raise eyebrows with concern in the market. Already, some nations are at 40-year highs in terms of inflation. These high rates mean that the average person is paying more for their goods and services than at the same time last year.

Inflation is a major issue for savers because it creates a situation where it doesn’t make sense. There is no reason to save an asset that declines in value over time when there are several other options that do the opposite. Step one to fighting inflation is to find inflationary-resistant assets.

Digital currencies like Bitcoin and META 1 Coin are smart alternatives to fiat currency when it comes to fighting inflation for multiple reasons. For one, these networks have predictive issuance schedules and limited token supplies. This structure has proven to be a great way to drive demand for an asset over time.

Bad Policies

Overpricing remains one of the top reasons that the inflation rate has skyrocketed recently. Politicians aren’t bound to the same logic as accountants. Consequently, they will often conduct policies that are for the good of their backers but not the long-term health of the economy.

Public blockchains operate as pure code which means there is no central group to dictate policies. This structure provides relief from outside influences such as bad monetary policies. No politician can order the issuance of Bitcoin. As such, it remains an agnostic way for people to store wealth globally.

Interestingly, there has been a massive push toward decentralized governance systems in the crypto market. These systems enable token holders to vote on changes and upgrades to networks. Community governance systems are very popular and have proven to provide a high level of unison.

Censorship

It’s become increasingly more difficult to spend your money how you want. It’s more common than ever for financial institutions to block a transaction for any number of reasons that fall into their guidelines. This confusing and intrusive method of monitoring economic activity is detrimental to the growth of a free global economy.

Cryptocurrencies offer censorship-free options to the market. You can send cryptocurrencies anywhere, to anyone, without delay and with no permission. This open nature has led to a surge in DeFi adoption rates. These networks provide the best way for people in oppressive nations or those targeted by other nations economically to secure access to basic financial services.

Many in the crypto market believe that access to basic financial services is a human right. Robert P Dunlap, the founder of META 1 Coin spent years researching how to structure the project in the most censorship-resistant way possible. Consequently, today the network offers an open and fully transparent experience to savers.

Confiscations

There is a trend emerging that should trouble everyone who seeks to secure a financial future. Government confiscations are up globally. For many people, the concept of the government confiscating your savings may seem unrealistic. However, even in developed nations such as the US, there have been instances where the government has made it illegal to not sell your gold to them at a lower rate.

This scenario would be much worse in a society where digital assets were controlled by the government rather than the people. CBDCs could be swiped from citizens in a flash. Reversely, it should be every saver’s goal to build up holdings in agnostic assets that cant be accessed by anyone other than the person holding the private keys.

Even governments are seeing that it’s best to hold reserves in these highly secure assets. Nations around the globe are conducting financial warfare by stealing and locking up others’ accounts and blocking access to financial services. This tit-for-tat battle has resulted in nations seriously eyeing reserves held in secure digital assets.

A Crossroads

The global economy is at a crossroads in terms of how the digitization of the market will proceed. The central banking community has recognized the advantages of decentralized currencies and sought to commodify the industry with their version of the tech called CBDC (central bank digital currency). This system takes the efficiency of cryptocurrencies but adds centralized controls. They leverage the ability of blockchains to provide real-time monitoring to gain the ability to meticulously track every bank user in real-time.

Reversely, the people have shown they want more freedom such as a separation between money and government. Bitcoin led the charge that is now being pressed forward by advanced DeFi-capable networks like META 1 Coin. Many nations in the world have shown interest in a less controlled and censorship resistant economy.

El Salvadore changed the market forever when they made Bitcoin a legal tender last year. Their decisions, which went against the desires of the global banking elites, helped the nation offer a viable way to escape inflation. It also showed other nations the benefits of having a digital currency in operation within their economy. This decision is having a ripple effect that should drive more nations to follow suit. As more nations join the open economy, it will create more opportunities for digital currencies to make real changes.

Look Towards Future Tech for Better Results

There are so many options that savers didn’t have years prior thanks to the introduction of blockchain networks. Cryptocurrencies offer a secure way to conduct international peer-to-peer commerce. The main drawback is volatility. Since these assets are new and many have small market caps, they’re extremely volatile

Long-term savers and day traders have different requirements. For a trader, volatility equals opportunity, for a saver, it equals stress. Thankfully, years of stablecoin research and development have led to the creation of safehaven tokens. These assets leverage reserves to decouple from the market like stablecoins, however, they offer additional protection.

Safehaven Tokens

The top-performing safehaven token in the market, META 1 Coin, provides a glimpse into the future of digital assets. This advanced token leverages a reserve of gold-related assets. This structure provides the token with self-appreciation over time. It also enables META 1 Coin holders to enjoy the benefits of gold with the convenience of cryptocurrencies.

META 1 Coin introduces a host of protective measures that are unique to safehaven assets. For example, there’s a whale manipulation system that prevents bots, trading firms, and corporations from participating in the DeFi features. This approach reduces trading volume which lowers volatility.

The goal is to prevent whale manipulation. To accomplish this task, the developers have sought to remove the groups most likely to participate in these activities. Additionally, there is a $5M token limit set on each account. This setup helps to keep the network decentralized over time as it expands.

Take a Stand with Your Actions

Actions speak louder than words. In terms of standing up for your financial rights, this statement means stepping away from the systems that have been put in place to prevent you from succeeding and embracing those designed by and built for the people. Everyone deserves the right to save up their earnings and create a better life for themselves and their loved ones. For many, the first step will be to enter into the decentralized economy.

Leveraging projects like META 1 Coin which offer low volatility and long-term store of value characteristics is the right move. These networks have come a long way in terms of onboarding. Nowadays, anyone can convert fiat into META 1 Coin using the simplistic Onramper portal which opens the door for mass adoption.

The Revolution will be Decentralized

The advantages that digital currencies bring to the market are too large to ignore for all parties. For the people, they offer a glimpse of a free and more balanced economy. One in which they can have their opinions heard and generate wealth with less effort. These desires are the driving force behind the digitization of the global economy.

Every savvy crypto trader keeps a toolset to improve their results. Just like a construction worker needs the best tools to get the job done, crypto traders can improve their results using the best possible tools for the task at  hand. To a new trader, it may seem like you jump into the market and hope for the best. However, experienced traders leverage a handful of advanced tools to better their chances. Here are the top 10 crypto trading tools you need to know to succeed.

Hardware Wallet

On the top of the list is a reliable hardware wallet from a reputable manufacturer. Hardware wallets aren’t new but many traders still don’t own one. These devices cost around $100 and they can protect millions of crypto from theft.  They accomplish this task by creating an air gap between your crypto and the internet.

The advantage of this setup is that your crypto is protected from online threats. Additionally, these devices use a hardware button to approve transactions. This structure is ideal because even when connected to the internet, there is no way for a hacker to press a physical button.

Hardware wallets come in a variety of shapes and sizes. The most popular are the Ledger and Nano brands. The main thing to consider is that for the cost, every trader needs to hold one of these devices to store their assets. Also, never buy a used wallet or one from a third-party provider as there have been reports of people selling rigged wallets where the previous owner had already obtained the passphrase.

Market Data Aggregator

Every trader needs to monitor market data. Market data includes vital statistics on the industry including what projects are on the move. Keeping an overview of the market can be a time-consuming process for traders. Given the ever-expanding scope of the market, this task has become virtually impossible on a large scale.

Leveraging market data tools such as Coinmarketcap can provide real-time access to market statistics. These systems streamline the monitoring of specific sectors or the industry as a whole. These tools make it easy to see past information for the market or single tokens, such as market cap, trading volume, and other vital stats.

There are paid and free Market Data Aggregator options available to traders today. The most popular are free and offer an excellent selection of features. Those who need even more insight can venture into the many pay-for-use market data systems available today. Market data can be combined with charting tools to improve your final results.

News Aggregator

Another tool that every trader needs is an effective news aggregator. The rise of social media has made assets hyper-sensitive to the news in a way that was not possible years earlier. Today’s market hinges on bad or good news. Even made-up stories can influence the market.

The best news aggregators will draw from a variety of noteworthy sources. These systems leverage reputable news sources and gather the info in an easy-to-see location. The best part of news aggregators is that you can set them to focus on a specific project. This approach means that whenever any new updates come to the market, you are the first to know.

You can find many free news aggregators and there are even wallets with these services built into their platform. When used in conjunction with market data tools, you can gain valuable insight into how news affects the market. The main thing to remember is to focus on projects with longevity so that you have more confidence in their long-term value.

Portfolio Tracking Software

Portfolio trackers are a great addition to any trader’s arsenal. Portfolio trackers make it easy to manage all of your assets from a single interface. The best portfolio trackers can even integrate into your exchanges and conduct trades via API protocols. For traders who want to hold multiple assets across different exchanges, portfolio tracking software is a must.

Another great use for portfolio tracking software that is often overlooked is potential portfolios. Users can leverage a portfolio tracking protocol to create a possible portfolio. This strategy enables you to see how your mock portfolio would have performed. This strategy is great for comparing different assets.

For example, you can put value in 6 different coins in your mock portfolio. Wait a month and see what projects have seen the most progress. Using the mock portfolio makes it easy to see how you would have performed. It’s easy to see what projects have momentum and what is sitting stagnant without spending any funding.

Portfolio trackers have come a long way and the best option can connect to your other smart items to keep you updated. Smartwatches make it easy to never be more than a click away from your portfolio.

A Solid CEX

Centralized Exchanges are still a crucial part of the market. These large platforms were first to offer regulated crypto-to-fiat conversion tools to the public. The centralized nature of these platforms differs from the decentralized nature of the market but it does bring some advantages.

CEXs are the most familiar to traders. They use order books and charting tools like a stock trading app. As such, they have a very minimal learning curve for those who already trade other assets. Even new users will find that the CEX trading experience is smoother than most DEXs.

Another reason why CEXs are a valuable part of the market is that many offer insured and regulated options. CEXs are so big that they can’t avoid the regulatory spotlight. Consequently, many large CEXs have the approval and blessing from regulators. Many options even offer FDIC-insured fiat accounts and other regulatory guarantees.

A Non-Custodial DEX

CEXs are helpful but when it comes to trading in a p2p manner and security, every trader needs a reliable DEX. DEXs are like CEXs but they eliminate the centralization. They operate as pure code which makes them more resilient to censorship. It also makes them open to global users.

DEXs provide a high level of privacy. In many instances, these networks won’t require any personal information. You connect a network-approved wallet and the features of the market are open to you. This strategy is vital to the growth of the DeFi market as it enables the platform to provide services to a global audience.

Notably, today’s most advanced DEXs such as the META EXCHANGE offer similar services and trading experience to CEXs. You can leverage advanced trading and charting tools. There are even hybrid exchanges that offer both DEX and CEX services to users. The main thing to consider is that there are certain scenarios where DEXs are superior such as openness and token selection.

Charting Tools

No one can predict the market movements with 100% accuracy. However, reports have shown that traders who understand and use charting tools achieve higher ROIs. There is a good reason for their success. Charting tools enable users to catch trends earlier and see patterns.

There are a lot of charting tools that traders can leverage. Each tool helps a trader identify minuscule market movements and broader actions such as volatility. This data can then be put together with information ascertained from other tools to gain a better overview of the project’s momentum.

Charting tools have remained the same from the stock market until recently. The introduction of AI is sure to make it easier for more traders to use these tools. The introduction of charting tools to DEXs has also helped some platforms gain a competitive edge in the market. DEXs like the META EXCHANGE combine the best aspects of CEXs and DEXs to provide more flexibility.

Market Calendar

A market calendar helps you to keep track of noteworthy events in the industry. These tools are ideal to keep a watch on things such as halvings, hard forks, upgrades, airdrops, and new releases. Using a market calendar can ensure that you don’t miss any of these events and you can plan accordingly for each one.

Market calendars can be set up to monitor the entire market or individual projects. A prime example of using a market calendar wisely would be all of the traders that tracked Ethereum’s upgrade using these tools. They could monitor key actions such as the opening of staking nodes and more.

You can also use market calendars to help you keep track of your trading activities. Some traders will hold an asset for a preset time before trading it. These traders use market calendars with their schedules embedded to ensure everything occurs when needed. Add a digital assistant or smartwatch to stay connected to your calendar more efficiently.

Blockchain Explorer

Blockchain explorers are a crucial tool that every trader needs to be familiar with how to operate. These free blockchain examination tools enable you to see vital details about a network. You can see items like the balance of a wallet or transaction data. You can view every transaction on an open blockchain in real time which makes the tool essential.

Another key reason why you need a blockchain explorer is to confirm token contracts. The rise of ERC-20 tokens and other layered assets in conjunction with DEXs means that you need to be more vigilant before entering a project. It’s a common scam to name a project the same as another more popular one and then entice traders to join.

A blockchain explorer enables you to easily confirm the smart contract address is what it says. You can also see things like your token transfer and other vital actions of the network. Never skip this step if you are trading on a DEX because they don’t have quality control measures and if you send your tokens to a scammer, there are no refunds.

Rebalancing Tool

Rebalancing tools are a great way to automate your portfolio. These protocols will automatically adjust your portfolio to present standards every day. These rebalances can be set up to hold the most productive projects or other vital statistics. Rebalancing tools are flexible and can be set up to include specific sectors such as only the top ten smart contract-capable networks.

Trading Bot

Trading bots can help you to improve your ROIs in many different ways. For one, they remove human emotion from the trading process. Bots don’t care about FOMO or FUD, they simply conduct trades based on preset criteria. They don’t need to sleep and the best ones will ensure you never miss the trading opportunities you seek.

There are a lot of different trading bots in operations today. These options range from free to subscription and revenue-based models. Aside from your budget, you need to consider what exchanges and assets the bot can handle. You want to find a bot that is flexible and approved to work with the exchanges you already trust.

Safehaven Tokens (Bonus)

Safehaven tokens are a must for any trader who seeks to avoid volatility and store value. Safehaven tokens are similar to stablecoins in that they leverage reserves to decouple from market covolatility. They differ from their predecessors in that they also integrate community protections in the form of smart contracts.

The most popular safehaven token in operation today is the META 1 Coin. This advanced fourth gen blockchain asset leverages a basket of gold-related assets to provide a long-term store of value characteristics. It also has protections that prevent whale manipulation and centralization.

META 1 Coin is the main utility token of the larger METANOMICs DeFi ecosystem, This platform offers users a variety of ways to generate wealth by leveraging low-risk passive income streams. The network also introduces the Onramper portal to provide direct fiat to crypto conversions which streamlines onboarding,

Top Crypto Trading Tools You Need Today.

Stop wasting time and effort. Like a person attempting to dig a hole with their hands, you aren’t going to get the same results as someone with a shovel, or a bulldozer. Learn the tools on this list and your success rate will increase exponentially. The main thing to consider is that every tool you master improves your trading capabilities and understanding.

There have been multiple times in crypto history that the community has found itself under attack by regulators. Each occurrence has led the industry to adapt and become more resilient. Understanding how to survive and avoid these issues should be a top priority for any serious crypto saver. Here are the best ways to protect your crypto savings during unsure regulatory times.

The Reality of the Economy

The crypto market has expanded considerably over the last 14 years. The market went from Bitcoin and a few clones to a massive industry that at one point peaked at over a trillion in capitalization. All of this growth occurred during times of unsure regulatory framework.

In most countries around the world, there are no regulations surrounding digital assets. As such, those who were ahead of the curve and got in early are now facing an unusual scenario. After years of success and savings, they now are forced to wonder if regulators, who still have trouble grasping the concept of decentralized finance, will make the right decisions regarding these game-changing assets.

Only a few countries globally have taken the necessary steps to prepare for the decentralization of the global economy. For example, El Salvador made Bitcoin a legal tender which has helped it to gain an edge in the market and international notoriety for its forward-looking stance. Countries like Japan have also been long-time champions in supporting the technology and not stifling innovation.

The market has reached a crucial point where it could hit another massive growth spurt and regulators are not going to miss this push. As such, you need to be prepared for whatever regulatory maneuvers to protect your wealth. Luckily, today’s savers have a plethora of options that previous generations lacked.

Bad Regulations Lead to Bad Results

One of the quickest ways to cut your country out of the blockchain race is to install bad regulations. Of course, from the perspective of central bankers, there are no good cryptocurrencies except for the ones they issue and control called CBDC (Central Bank Digital Currencies). The central bank understands that its power originates from its control over the population’s monetary supply and economic actions. As such, they are in no hurry to give up any control of the community.

Whenever you reach a point when regulations don’t keep up with technology, it becomes an issue. For one, it stifles innovation as people are unlikely to pour funding into R&D if they are unsure about the industry’s future. It also slows adoption for the same reason. People are unlikely to place their funding in an asset that can be made illegal for no other reason than a desire to retain control over the population.

Examples of Crypto Crackdowns

There have been multiple instances when regulators have taken a negative stance against cryptocurrencies and it has affected the market. The most notable instances occurred in 2017 during the Chinese crypto crackdown. The Chinese government, which is known for its tight restriction, decided that they were going to ban all crypto exchanges from operating in the country.

The Chinese crypto crackdown hit the market hard with most tokens losing over 30% before regaining their value months later. Even today, China is still very hard on digital currencies. They have even enacted several laws to make it very hard to mine cryptocurrencies or use them in any fashion.

The results of their actions were swiftly felt. Billions in funding fled the Chinese mainland for more open markets. The country also lost its edge in terms of blockchain advancement as it has since been surpassed by other nations in the region as the blockchain epicenter. In the short term, these actions helped the Chinese government keep its tight control, however, in the long run, it put the average Chinese citizen far behind in terms of blockchain education.

How Bad Regulations Affect Your Savings

Bad regulations can have a resounding effect on your ability to generate and save wealth. Bad monetary policies have already led to massive inflation due to overprinting and other factors. It’s difficult to save wealth when using fiat currency for two obvious reasons.

One, fiat currency decreases in value over time. This decline in value is obvious when examining the buying power of million dollars today versus in the 1960s. Fiat currency will always decline in value in the long run as it’s a debt-based system that requires more supply to function rather than value.

In the crypto market, bad regulations can have the same effect. If you live in a country where they have been critical of cryptocurrencies, it may be hard to trade or use your digital assets which decreases their value due to less usability. DeFi networks help to resolve this issue because they add usability to the equation and are open to a global community.

Usurping Technology

One of the most disturbing trends that continues to emerge globally is a regulatory bight back on crypto projects while at the same time pushing for more CBDCs. Central banks have a lot to gain from integrating CBDCs into the market. These digital assets provide banks with higher efficiency and real-time monitoring capabilities.

CBDCs enable banks to eliminate printing and delivery costs associated with money creation. Most people are unaware that it costs millions to even print the money they use. Digital currencies save banks money and enable them to monitor the effects of their monetary policies in real-time.

The downside to CBDCs all falls on the average person. These digital assets aren’t like Bitcoin in that they are not decentralized. The community will have no say in the CBDC’s evolution. CBDCs will give the bank complete control over your finances in real-time which raises many concerns for privacy advocates and those worried about the high potential for abuse.

Decentralized Networks Have Stood the Test of Time

When you look at early decentralized networks, you notice a pattern. Most decentralized networks have proven to be very difficult to shut down. There are still major streaming sites that operate with impunity because their decentralized structure makes them nothing more than code that connects people.

The concept of connecting people through direct transactions is what makes cryptocurrencies so powerful. Even Satoshi Nakamoto’s now famous Bitcoin white paper describes Bitcoin as a peer-to-peer electronic cash system. The peer-to-peer aspect means that there are no centralized groups to take the profits or censor your actions. It also means there is no central group for people to shut down in many instances.

Networks like Bitcoin and META 1 Coin that have strong followings could become impossible for regulators to completely shut down. However, it is worth mentioning that regulators have found other unique ways to make it difficult for crypto users. For example, they may not choose to regulate the platforms but rather impose steep taxes. This roundabout way of abusing the market is sneakier and prevents regulators from having to declare an asset illegal.

DeFi networks that operate as pure code are the perfect solution to this issue. These platforms don’t require any personal information to join or use. As such, they don’t have a personal date to share if asked. In this way, they help to protect your privacy from hackers or other groups that may want to know more about your actions.

Why You Should Consider Using a DeFi Platform Outside the Jurisdiction of Centralized Regulators

One option that some savers are now turning to is using DeFi networks that are incorporated outside the jurisdiction of centralized regulators. The central bankers and many governments work hand in hand when creating regulations. Sadly, this structure often means the average person’s needs are far from their goals.

Lately, more savers have turned towards networks like META 1 Coin. META 1 Coin is incorporated outside the jurisdiction of centralized regulators which means that it can offer features and services that other platforms can’t. The network’s developers purposely decided to incorporate it in this manner as a way to buffer against anti-crypto regulations in the future.

This structure makes sense as META 1 Coin is one of only a few safehaven tokens in operation today. Safehaven tokens are designed to store value. They will often combine aspects of stablecoins like reserves to help eliminate volatility. They are also known for incorporating community protections to defeat centralization.

META 1 Coin’s Founder Robert P Dunlap has spoken on how he envisioned META 1 Coin as a tool tohelp the average person escape the endless financial struggle that is the norm for most people today. He explained that one of the most important aspects of this approach is that the asset you use needs to be protected from outside influence. This is the mindset that helped him to develop the first and most popular safe haven token in the market today.

Creating an Open Economy for the Future

When you look at projects such as META 1 Coin, it becomes obvious that there is a drift in the market. On one hand you have the projects that support a free and open economy. These are decentralized networks that offer open enrollment and operate as pure code. They eliminate human intervention and make it possible for the community to benefit and offer financial services to others.

On the other hand, you have projects that are designed to strengthen the current centralized system. These networks were built to take the efficiency and security of networks like Bitcoin and integrate them into the outdated fiat systems in use today. They don’t champion the same causes such as transparency and equality. Instead, they were built to supplement the current system.

The wise saver will go with the networks that were built with their long-term benefit in mind. For the first time in financial history, technology has made it possible to have direct digital p2p commerce. The ramifications of this shift in structure mean that for the first time, people can be the bank. As such, more savers are taking this option due to its longevity and protection against bad monetary policies.

Safehaven Assets Provide Relief

When you look at the best options savers have today, Safehaven tokens rank high on the list. They provide stability and many even include protections against sudden market drops or whale manipulation. The META 1 Coin has a human-only requirement that helps to lower volatility due to eliminating malicious traders and bots.

Trading groups and hedge funds bring liquidity to projects but they also create major fluctuations in trading volume. This fluctuation can create problems for long-term savers. For example, trading bots can suddenly start a cascading event if they all start hitting their automatic sell points in succession.

META 1 Coin requires all users to prove they are human for multiple reasons. For one it ensures the community is run by individuals which was the overall goal of the project in the first place. It also prevents groups from coming in and usurping the network. Even regular users are limited to a $5M wallet per person to prevent centralization. All of these added steps have made META 1 Coin a highly decentralized and stable option for savers.

Savers Need Options

On top of the protections, META 1 Coin is only a small part of the METANOMICs DeFi ecosystem. This platform provides access to a host of powerful solutions to improve your savings and generate wealth using your current assets with minimal risk. There are features like the META EXCHANGE that provide high-performance trading to the market in a secure manner.

Don’t Let Bad Regulations Ruin Your Financial Future

If you want to learn to save successfully, you need to learn how to avoid the common pitfalls and mistakes that savers fall into. You’re not limited in your asset selection like previous generations. Today, savvy savers know that they can leverage multiple assets to get the best results and avoid serious issues such as unsure regulators and those seeking to make it difficult for the average person to succeed. Stick to the tips in this guide and you are going to get results you can count