Coinbase’s Next ALTCOIN Addition Is Coming Soon…!? - YouTube

Coinbase’s IPO is coming.

And once again, no one does it like Chico...we have been following it closer than anyone

else since the news 1st leaked.

Obviously the floodgates are now opened, it’s public news that the event is near...although

there are still hidden leaks, that only this channel can find.

You ready to sip our drip, because it’s time for eChico Crypto!

The news crossing the airwaves was oh so bullish yesterday.

Pre-Trading through Nasdaq private Markets had already commanded a 77 billion dollar

valuation for the company….

So, let’s break this down.

In the Coindesk article it says last week's closing price of $303 dollars per share.

But it also says “Coinbase pre-IPO futures contracts were trading on crypto derivatives

exchange FTX at about $386 at the time of writing.

At $386 bucks per share, that commands a higher valuation of nearly 100 billion dollars.

And by the time the IPO actually begins, that could be the price on Nasdaq’s own private

markets.

So I just want to play what I said about this nearly 2 months ago, right after I cut my

long hair & bitcoin cracked 20k…

Uh ya, we predicted that like no one else could.

So what was that video all about back then?

It was about eventually getting to $100k per BTC.

It was price predictions due to the coinbase IPO, let’s listen to my prediction back

in December with the price chart going along with my predictions….

Holy Shmackeral, I

was almost dead on...a shooter mcgaven of sorts.

But now it’s time to pull out shooters crux, the adam sandler long drive…..

So my friends, these shares of Coinbase...they have been trading.

Like the Coinbase article said “Nasdaq’s” Private markets have valued them at 303 dollars.

The article states “The Coinbase private market is running an anonymous order book

ahead of the company’s direct public listing, a date for which is still unknown.

The sale allows current and former employees, as well as investors in Coinbase, to take

some cash off the table.

Around 254 million shares in Coinbase will be outstanding and available to trade when

the firm goes public, according to sources with knowledge of the offering”

So what we can take from that, is coinbase insiders & investors are getting to play around

pre-ipo, either get cash themselves or increase their Coinbase share stack….but the major

piece of that from Coindesk is “the coinbase private market is running an “anonymous”

order book.

Yes, the order book is hidden, it's not open to just anyone.

It’s anonymous.

Why is that??

Why hasn’t there been a lick of information about those who get to trade the asset.

Coinbase Shares?

Literally you cannot find a single person talking about their experience.

Why?

Well I think there is an NDA, holding those trading it back...as they have something to

announce in March...

Coinbase will be taking a different route than the typical IPO…

Of course we know when they go public, they are taking the unorthodox route of a direct

listing.

But that is not the full story….

To figure out the full story, we have to back up to the end of 2018...it was leaked that

Nasdaq was considering launching regulated crypto token trading venue, for securities

tokens...well just a few months later, early 2019 it was announced that they had invested

20 million bucks into Symbiont...and the article stated “As part of the investment, Nasdaq

Financial Framework, a software company owned by the exchange, will integrate Symbiont’s

Assembly smart contracts platform to explore new avenues involving tokenization”

Well, this integration has come...July of 2020 this news came and got swept under the

rug.

But Ben Jesell, contributor to Forbes knew something was up.

He posted “Nasdaq’s New Platform Backed By R3, Digital Asset, Symbiont And Microsoft

May Not Be What You Think It Is”...his article stated “Last week, the exchange giant Nasdaq

announced the launch of its SaaS based digital asset suite named the Marketplace Services

platform”

Going to Nasdaq’s own explainer on this they say “The Nasdaq Marketplace Services

Platform provides a complete, end-to-end service-based platform to operate marketplaces in a cloud

environment.

Built on top of the Nasdaq Financial Framework...remember that is what symbiont was brought on for in

early 2019, to integrate into Nasdaq’s Financial Framework, that is what coindesk said.

Nasdaq continues “the platform provides access to functionally-robust services covering

the transaction lifecycle -- from issuance of assets and trading through pre-trade risk

management, market surveillance and efficient digital custody and settlement”

So the big question is this...has Nasdaq’s anonymous Coinbase private market integrated

with Nasdaq’s marketplace services platform, which is built with blockchain & focused on

digital assets?

Well, in November of 2020.

This news was dropped.

A company called Templum shifted from Ethereum to a Symbiont-Built Private Blockchain for

STOs.

Yes Templum was using symbiont and nasdaq marketplace services to issue their STO.

And the article stated “Regulatory compliance also poses a challenge when using Ethereum

for security tokens.

According to Templum CEO Christopher Pallotta, legal concerns over the status of Ethereum

miners also played a role in Templum’s latest transition.

Pallotta said “We believe for securities issuance, you need a private, controlled blockchain

… [you] need control of the full lifecycle.”

So….there is still a chance that Coinbase has tokenized in the private markets, the

news isn’t out yet.

And I want to replay this clip, of Jeff Roberts, Senior fortune magazine contributor, when

he was on the Unchained podcast in July of last year.

Jeff, had spoken to Fred Ehrsam, Coinase co-founder jut weeks earlier, discussing the IPO and

tokenization.

Here is what Jeff said after talking to Coinbase’s co-founder and board seat holder.

So when could we figure this out?

Will it be a combination STO/IPO??

Well back to Coindesk’s 77 billion valuation article posted yesterday.

They said “Hopes for Coinbase’s public listing are riding high within the crypto

community, especially as the price of Bitcoin continues to reach above $50,000.

(More will be revealed about Coinbase’s finances when the confidential S-1 it filed

with U.S. Securities and Exchange Commission is made public in the coming weeks.)

In the coming weeks, we should know the full story….and like Coinbase’s own co-founder,

if they go the typical IPO route, with no blockchain involvement….

That would be really boring...but, no matter what happens, tokenization or not.

It’s going to be much hyped...within the crypto community and beyond!!

A flood of publicity, a flood of eyes on the base.

Which isn’t going to be a bad thing, for those projects connected to them..

The BIG airdrop that is going under the radar...Pool.

People don’t realize how big the lottery industry is (200 billion dollars) and pool

is connected to the base.

Like I showed yesterday, their USDC bootstrap fund invested in them along with Uniswap back

in April of last year….

Well the connections are bigger than just that me thinks.

Why??

Well co-founder of pool together posted this on medium, in November of 2020 about the dapp.

He said about dapp connections to coinbase “Wallet Link" is what you will use to connect

with your coinbase wallet!”

What is Wallet Link?

Well going to it’s landing page, it seems to be a development tool for connecting to

the Coinbase Wallet, as that is the only wallet it connects to now...and Coinbase Peter Kim

is featured speaking on it, on the website.

Now the dapps it connects to, is oh so telling.

Compound a token, and it’s on Coinbase.

DyDx...no token, but Coinabse and Andressen Horowitz connected.

Maker a token, and 2 of them are on coinbase MKR and Dai, IDEX an exchange, with a token,

not on Coinbase, and why?

It’s a competitor coinbase it is not invested in.

Uniswap, a token, on Coinbase, but a coinbase competitor, why listed?

Well Coinbase and Horowitz connected, and CBs USDC fund also invested in them.

0x protocol, same story as Uniswap, token, on Coinbase, competitor….but on there as

they are connected.

How about Airswap?

Token, but coinbase competitor and no connections.

Now we get to pool Together.

Token just launched, Coinbase connected.

Those connected have their tokens on the exchange.

Does this hold true with the other?

Kyber Network, token, on Coinbase..connected.

1inch token, not on Coinbase yet...are they connected?

Not that I know of.

Sablier, Zerion, DeFi Saver, Set Protocol, DDEX, and NUO...no tokens.

But synthetix & aave, tokens & on coinbase.

So through the process of elimination, through wallet link, it makes me think there is a

likelihood of POOL eventually being added to the base.

They have a token, they had an investment from Coinbase, and they are one of the projects

using the wallet LINK.

That is just a bit of research on my part, but fundamentally Pool is here to change the

DeFi game.

Before the token was aidropped and released, they launched something special.

The Prize Pool builder february 9th, which the blog states “It’s now possible for

anyone in the world to deploy a no loss prize pool for any token”

Going to the builder super simple, you choose your type of no loss prize pool...you choose

the parameters of the deposit token, you choose the Random Number Generator service, which

they are in partnership with Chainlink as one of the selections, you enter the prize

period in number of days, the number of winners, and finally the fairness which includes early

exit fees & the fee decay time.

Not complex to create, and anyone can do it.

A person, a dapp, an influencer like myself.

It has far reaching implications for the world of social tokens, and NFTs.

How will this play out is to be seen.

But I’m excited for the spring and then summer, and the pool to warm up!

Cheers I’ll see you next time!