Alchemy Pay Crypto 馃殌100x Coin? (Partnerships Revealed) What is ACH & SHOULD YOU INVEST IN ACH? - YouTube

Channel: CryptoVerse

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what's going on guys it's anthony and聽 on behalf of cryptoverse where we talk聽聽
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about crypto and all things d5 related just聽 want to say thank you to all 574 subscribers聽聽
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we are already halfway past the goal of聽 a thousand subscribers if at any point in聽聽
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the video you're enjoying the content don't聽 forget to hit the like and subscribe button聽聽
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and in today's video we are going to be deep聽 diving into alchemy pay as you can see we have聽聽
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a lot of information to discuss ranging from聽 newly announced partnerships upcoming products聽聽
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and also discussing potential league聽 partnerships in the middle east聽聽
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if you want to stay updated on the latest news聽 upcoming videos price alerts when we buy and sell聽聽
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follow me my handle on twitter is cryptoverse聽 merck and don't forget to follow my partner聽聽
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crypto vs tai and special shout out to a member聽 on twitter he goes by fork's philosophy he helped聽聽
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with bringing the latest news that is provided in聽 this video all right so why alchemy pay alchemy聽聽
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pay is the world's first hybrid crypto and fiat聽 payment gateway currently it's in 65 countries and聽聽
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regions and they're accepting 300 fiat and crypto聽 payment channels and you can see here that they聽聽
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currently launched in the europe middle east hong聽 kong taiwan philippines cambodia and singapore and聽聽
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to be launching in australia thailand north聽 america korea and japan and you can see that聽聽
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we have already partnered with shopify which has聽 over 120 billion market cap and it supports over聽聽
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a million companies operating in 175 countries we聽 also partnered with arcadia it's a marketplace as聽聽
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a service and it has merchants across 5 000聽 cities and 130 countries around the world
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and we also partnered with qfpay asia's leading聽 payment tech provider with more than 1.2 million聽聽
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merchants in 13 countries around the world and we聽 also partnered with binance silo and price right聽聽
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the great thing about alchemy pay is that you聽 could pay through app pos online or with cards聽聽
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and with alchemy pay there is very minimal fees聽 also the great thing about alchemy no matter聽聽
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your customers payment method or currency we will聽 settle with you and your preferred local currency聽聽
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to minimize your loss if the corn value goes down聽 so if someone's paying in bitcoin and bitcoins at聽聽
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a high price right now and you don't want to keep聽 your bitcoin they'll pay you in the dollar amount聽聽
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that they sent you in bitcoin at that time so聽 if they sent you 20 you'll get twenty dollars聽聽
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in your currency you don't have to get it in聽 bitcoin but you can if you want so beyond the聽聽
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competitive transaction fees our payment protocol聽 rewards you and your customers with ach tokens for聽聽
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every crypto transaction it's been聽 about two weeks since the blockchain聽聽
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infrastructure alliance has been announced聽 they announced it at the dinner october 28th聽聽
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the blockchain infrastructure alliance was hosted聽 by alchemy pay alongside co-hosts polygon network聽聽
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near protocol draper dragon and bitstor the聽 event was graced by the presence of over聽聽
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a hundred celebrities and the leaders聽 of industries including tencent alipay聽聽
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mastercard binance who buy okay exchange聽 polygon near and neo and many others聽聽
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our mission is to go beyond just bringing聽 together the intellects and advocates of the space聽聽
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we provide funds and resources聽 for building viable enterprises聽聽
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profit or non-profit with a common goal to聽 advance cryptocurrency functionality and realize聽聽
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the solution blockchain offers for a sustainable聽 world as you could see here these are the founding聽聽
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members of the bia polygon network neo alchemy pay聽 near and conflux so what does the alliance offer聽聽
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it offers brand exposure members are invited聽 to speak with industry key opinion leaders聽聽
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also pulling the resources together access the bia聽 network for technical legal and academic support聽聽
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investments tap into the bia ecosystem fund聽 for investment opportunities or fundraise needs聽聽
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and priority access receive pre-launch聽 invites to special programs and events聽聽
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so as you can see they have an ecosystem and聽 it has a fund and it says with the blockchain聽聽
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infrastructure alliance owns ecosystem funds聽 members can choose to fund other blockchain聽聽
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and crypto projects the alliance has evolved to聽 develop revenue generating strategic advisory聽聽
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services and is a highly regarded innovator聽 with proven technological and commercial聽聽
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expertise and development capabilities in the聽 blockchain and crypto space members will have聽聽
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the opportunity to support and provide resources聽 and branding and marketing services and smart聽聽
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contract developments for their investments giving聽 it access to the best in-class tech experts a聽聽
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strong network and a profound industry profile of聽 investor relations and so this is the big takeaway聽聽
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bia runs a partnership program for individuals聽 and organizations with synergistic experience聽聽
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resources and capital to jointly partner or聽 lead incubated projects in return for equity聽聽
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token rights and other benefits depending聽 on contribution size and project maturity聽聽
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not long after that bia dinner on november 8聽 polygon an ethereum scaling platform onboarding聽聽
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millions to rep 3 announces the addition聽 of convenient and flexible fiat payment聽聽
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on-ramps for the polygon network thanks to聽 a new partnership with alchemy pay now this聽聽
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was released on november 8 just two days ago or聽 three days ago depending when you watch this video聽聽
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polygons full stack scaling solution is leading聽 the way in reducing congestion on the ethereum聽聽
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main chain as you guys know ethereum's gas fees聽 are skyrocketing right now and people are trying聽聽
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to find an alternative solution to paying a聽 high gas fee they switch into other platforms聽聽
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in september the number of daily active users聽 on polygon regularly surpass those on ethereum聽聽
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rather than being a competitor to ethereum聽 however polygon facilitates the use of platforms聽聽
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on the ethereum network so polygon is actually聽 helping with ethereum's congestion right now聽聽
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more than four thousand hosted applications聽 within polygons d5 ecosystem will now be聽聽
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able to enact transactions under defy apps via聽 direct fiat on ramps to traditional financial聽聽
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payment platforms like visa mastercard paypal and聽 multiple local payment channels around the world聽聽
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alchemy pay currently handles 5 million daily聽 transactions primarily from asia and europe聽聽
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a greater volume of u.s transactions is expected聽 after shopify completes integration with polygon聽聽
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by the end of 2021 alchemy pay hosted an聽 event at the epic center on november 6th聽聽
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at that event they announced that they have a聽 partnership with a conglomerate in the middle east聽聽
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and that conglomerate owns shopping malls premium聽 hotel chains restaurants and cinemas so it's聽聽
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not just one shopping mall or one hotel or one聽 restaurant it's going to be multiple and also that聽聽
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partnership entails crypto payments and investment聽 definance there's a triangle shaped hotel right聽聽
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here and a long shaped hotel in the background and聽 after doing some research we have found that that聽聽
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image with further research we have found that聽 that image is also on the rafi group and as you聽聽
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can see we got that same pyramid shape hotel right聽 here with that big long hotel in the background聽聽
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and they offer hotels between luxurious elegance聽 and affordable downtime with something in between聽聽
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so they got a little bit for everyone and the聽 waffy group also has over 40 restaurants across聽聽
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dubai throughout omen qatar and the united聽 kingdom directly owned and operated outlets聽聽
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to third-party managed outlets and franchises聽 also a little bit of speculation over here聽聽
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as you could see over here emar and聽 nord bank are in alchemy pays ecosystem聽聽
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and we're trying to figure out who is that big聽 middle east conglomerate so we have a couple聽聽
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ideas it could be that rafi group that i discussed聽 or it could be emar properties if you look up on聽聽
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google who owns dubai mall you get emar聽 properties and huge shout out to forex聽聽
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philosophy for providing me with this information聽 as you could see visa partners with e-mart to聽聽
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facilitate cashless property transactions and what聽 does that mean this basically allows the customers聽聽
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to purchase property by using their visa debit and聽 credit cards so it is dubai mall which includes聽聽
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over 1200 plus stores it is the second largest聽 mall in the world after the iran mall in 2011聽聽
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it was the most visited building on the planet聽 attracting over 54 million visitors per year聽聽
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alchemy play is planning to roll out a crypto聽 link virtual car that is accepted on the visa聽聽
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and mastercard payment networks by end of year聽 or beginning of next year there will only be 36聽聽
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limited edition nft link cards from world renowned聽 artists across the world first artist announced聽聽
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was ting song biggest number of nft sales in聽 china in order to receive a card you must take聽聽
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360 000 ach coins this creates a lot of holders聽 and also the possibility for credit lending due聽聽
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to the staking of your coins in order to get back聽 your state coins you need to terminate your card聽聽
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these cards can be linked to google pay and聽 paypal digital wallets and make payments聽聽
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across the mastercard and visa networks as well聽 as popular ecommerce platforms such as amazon聽聽
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ebay and shopify now emar has strong recurring聽 revenue generating over 880 000 square meters聽聽
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of lease revenue generating assets and 21 hotels聽 and resorts with 4 700 on average rooms includes聽聽
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owned as well as managed hotels all right so this聽 was pulled straight from alchemy pays white paper聽聽
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at credit pay of the crypto world alchemy聽 creates a decentralized and secure version聽聽
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of ants financials and credit pay built upon is聽 payment infrastructure a borrower can apply for a聽聽
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loan based on his credit score on the platform and聽 ach holdings to obtain different amounts of credit聽聽
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and interest-free periods additionally when users聽 use cryptocurrency to pay they may receive credit聽聽
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limits and enjoy the convenient consume first pay聽 later shopping experience this consumer credit聽聽
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model will be supported by alpha in a wide range聽 of scenarios merchants consumers and partners can聽聽
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also carry out mortgage financing business through聽 smart contracts depending on their digital asset聽聽
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holdings big data business alchemy conducts聽 big data analysis on collected payment data聽聽
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the analyze and process data can be exchanged聽 credit reported agencies financial institutions聽聽
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and consulting companies to mutually confirm聽 the validness of data and model orientation or聽聽
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monetized so notice how i say and financial and聽 credit pay built upon its payment infrastructure聽聽
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what is ad financial well as you can see聽 accepting the future of payments and this聽聽
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is alchemy pays screenshot from the website聽 we could see that it has the alipay logo聽聽
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alipay is a third-party mobile and online payment聽 platform established in china in february 2004 by聽聽
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the alibaba group and its founder jack ma in 2015聽 alipay moved its headquarters to shanghai although聽聽
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its parent company and financial so like i said at聽 financial previously they want their building from聽聽
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its infrastructure i did a little bit of research聽 and you could see alchemy pay would they follow聽聽
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on instagram and they're currently following聽 around which is one of the partners already聽聽
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they following binance which is a partner聽 already polygon which they just partnered already聽聽
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and we got to buy which they listed on聽 finance we have a possible listing coming up聽聽
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and now you can see alibaba so they're following聽 eight people and most of them they're partners聽聽
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already with this is just a screenshot from the聽 app and how to pay you could see that they have聽聽
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bitcoin ethereum litecoin bitcoin cash finance聽 usb and xrp but also also the digital wallets are聽聽
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alipay also with the ceo john tan announcing that聽 they have a partnership with someone bigger than聽聽
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shopify and shopify's market cap is 130 billion聽 and john's hand said that their next partnership聽聽
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is going to be the biggest so far so what is聽 bigger than a hundred bill 130 billion market cap聽聽
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well alibaba is around 200 something billion last聽 time i checked so it could definitely be alibaba
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and actually alibaba's market cap is around 440聽 billion so alchemy pay and an alibaba partnership聽聽
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can be a likely partnership coming up all聽 right so distribution of funds 1.8 billion聽聽
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ach tokens will be released at the start and 2.5聽 billion will be on lockup 5.1 billion ach tokens聽聽
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will be distributed to participants through聽 the growing network and transaction mining聽聽
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six percent of the total number of tokens are聽 perpetually locked in alchemy payment network to聽聽
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ensure the network mobility the actual allocation聽 is below 40 proportion to research and development聽聽
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it's going to help develop and continue聽 the improvement of alchemy's core platform聽聽
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5 to security for the construction of the聽 payment network and the security system聽聽
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10 for the policy compliance the cost for聽 regulatory compliance in various countries聽聽
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and regions 10 for operational expenses聽 of alchemy 10 percent for marketing for聽聽
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growing the influence of alchemy's network we are聽 marketing activities for merchants and users 25聽聽
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for the alchemy fund which is an investment in聽 technical projects related to alchemy industry聽聽
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to grow the alchemy ecosystem and also the token聽 allocation goes a little bit more in detail聽聽
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of the lock-up period so 18 of the allocation聽 is going to be going to the alchemy paid team聽聽
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it's going to be retained capital held by the聽 alchemy paid team for the ongoing development聽聽
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and operations of the project it's to be released聽 over 60 months from the date of the public launch聽聽
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now alchemy pay was launched in 2018 i believe聽 and five years which is 16 months would be聽聽
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what 2013 so not all the coins have been聽 unlocked yet so that is good we still got a聽聽
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year left for anyone inside to sell i guess you聽 would say there's also going to be 18 percent聽聽
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allocation towards the private placement聽 fundraising through marketing channels for聽聽
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early start research and development marketing聽 and operation of the alchemy pay project now聽聽
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the lockup applies for all early and short-term聽 slash long-term investors with varying periods聽聽
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five percent allocation towards the ecosystem聽 incentives and this is for the early partners in聽聽
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the ecosystem merchants and enterprise partners聽 trading service network partners developer聽聽
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communities cto alliance members to incentivize聽 contributions now the lock-up period on this is聽聽
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going to be released in stages according to the聽 milestones of the project plan signed with each聽聽
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ecological partner two percent of the allocation聽 is going to go to consulting fees and advisors聽聽
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recognition for advice and resources provided聽 to the alchemy project and the lock-up period on聽聽
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that is going to be 24 months six percent goes to聽 network mobility providing liquidity support for聽聽
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the alchemy node network it's locked within the聽 network and barred from entering exchanges of six聽聽
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percent right there it's not going to enter it's聽 locked up we could forget about six percent forty聽聽
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percent of the allocation is going to be going聽 to mining payments and the mining payment is the聽聽
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long-term incentive for payment for the network聽 it's going to be unlocked in five years starting聽聽
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from six months post launch of ach and there's聽 also going to be an 11 allocation towards the聽聽
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mining financial economy which is a long-term聽 incentive for financial ecological network聽聽
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it's going to be unlocked five years starting聽 from the six-month post ach loss as well聽聽
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alright so let's put alchemy pay in perspective聽 already has a 4.1 billion market cap alchemy pay聽聽
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currently only has a 330 million market cap if聽 alchemy pay had the same market cap as alway聽聽
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one alchemy paid coin would be worth a dollar聽 and 22 cents each that's an upside of 12 times聽聽
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currently alchemy pay each token is worth 10 cents聽 right now alchemy pay is very undervalued 330聽聽
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million market cap for such a great company they聽 have they have already built a complete ecosystem聽聽
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and they were and they were launched back in 2018聽 and this company is only worth 330 million it is聽聽
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one of the lowest market cap coins on coinbase聽 right now i'm just going to go over what i think聽聽
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alchemy pay would be worth in the long term聽 i'm not really thinking about the short term so聽聽
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alchemy pay right now is just hovering聽 below 10 cents and our market cap like聽聽
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i said is about 330 million if we get to 1聽 billion market cap we'll be at about 30 cents
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if we get to a two billion market cap we'll聽 be at sixty cents three billion market cap聽聽
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ninety cents and four billion market cap聽 about a dollar and twenty cents so if so聽聽
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if you ask me what are my price predictions聽 and what do i think it's going to be by the聽聽
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end of the year well just depends when the news聽 is announced and when everything is implemented聽聽
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after everything is implemented i definitely see聽 ultimate pay hitting 40 50 cents with ease maybe聽聽
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by the end of this year if not definitely within聽 a couple months once everything rolls out so that聽聽
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wraps it up for today's video i hope you enjoyed聽 if you learned anything new in the video please聽聽
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hit the like button we really appreciate that聽 if you are subscribed already hit the subscribe聽聽
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button we release multiple videos every week so if聽 you don't want to miss them hit the notification聽聽
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bell and you'll get notified when they come out聽 and if you have any questions comments or concerns聽聽
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leave it down below me or ty will get back to聽 you as soon as possible and have a good day