21st March

elephant elephant
3 min readMar 21, 2021

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Some very influential people involved with FEI protocol

What is the working background of Meltem Demirors?

She’s also involved with Shyft network.

It’s interesting because it seems as if, at least for new coins, I’m finding a lot of these before Chico. Whether or not these are worth it, I have to decide, but it’s there.

Chico finds information on the coins he is holding, a lot faster than he finds info on stuff he isn’t holding. This is completely understandable, but it does show that perhaps, it’s quicker to DYOR — and if right, buy, than to wait for Chico.

This adds to their already esteemed investor list.

FEI launch has been pushed back to 31st March

They have a community call on 24th March.

They also seem to be announcing an exciting partnership — this seems interesting.

There’s also something else interesting — and Meltem Demirrors is connected to that, too.

Compliant KYC’d DEFI

What does this mean?

Basically that all DEFI may need to undergo some form of KYC.

And Joseph Weinberg would know..

He’s heavily involved in crypto regulation. For the OECD.

Meltem Demirors is there. So is Lord Desai.

This is one of the most well-connected crypto projects I’ve ever seen.

But the punchline is that all DEFI will likely soon require KYC to use. And that means that all identity projects — Shyft network being core — will pump a shit tonne — because their use case has been necessitated across all of crypto.

This project has so many regulators close to it that it just seems inevitable.

Interesting:

They’re talking about compliant DEFI

  • institutions are unable to enter DEFI if it’s not meeting regulatory standards
  • DEFI is unable to enter deeper liquidity capital markets (legacy finance) because of regulatory compliance too

Shyft network seems to solve this.

Chico covers Vesper.. IT’S UNDERVALUED

Jeff Garzik, who is behind the project is also a core bitcoin dev.

Big stuff.

Lukso might be getting listed on Coinbase soon..

Boson whitelist now open

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