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The BIGGEST Airdrop of 2022 Will Create New Millionaires!! - YouTube
Channel: Chico Crypto
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Let’s talk about Airdrops baby, let’s talk about
you and me! Let’s talk about all the tokens,
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and the rewards that may be…let talk about drops.
Yup this episode is all about those coming crypto
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airdrops for the rest of 2022. Aka free money in
your pocket for using the world of cryptocurrency.
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So let’s drop it like it’s hot,
because it’s time for Chico Crypto!!
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Sooo, of any youtubers out there…I’m
the only one calling airdrops before
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they happen and the big ones too. DyDX,
ENS, and more recently Paraswap, and COW
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from Gnosis chain. This has led to massive
rewards for those who took the time to DYOR
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and get involved, which have totaled
some over $250 thousand dollars!
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Well let’s do this one more time…beginning with
some of the biggest coming ones…beginning with
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the most popular, thus will most likely
have a very large starting market cap,
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breaking into the top 100 with ease.
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That is….Metamask. Metamask has over 30
million monthly active users which leads
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to over 207 million in annual revenue. They are a
dominant force in the non custodial wallet space,
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and have shown they are seriously profitable.
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So Consensys are the owners of Metamask, and
Consensys founder Joe Lubin got the hype of
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Metmask airdrop started back in November of last
year. In response to someone saying they wouldn’t
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drop a token Joe said “Andrew, ConsenSys has
thousands of tokens on our balance sheet.
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ConsenSys is vigorously controlled by its
employees, which includes me. And we are
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driving towards decentralization of several
of our projects. Wen $MASK? Stay tuned…”
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So why am I bringing up the MASK token
now? Well me thinks it’s coming very soon…
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Well March 15th, just over 2 weeks ago, Joe
Lubin talked to Decrypt and this is what was said
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“According to ConsenSys CEO Joe Lubin, MetaMask is
pursuing "progressive decentralization" "There’s
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a great user interface that we’re going
to launch pretty soon," said Lubin in an
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interview with Decrypt. As part of its plan to
pursue its various goals, MetaMask soon will be
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launching a Decentralized Autonomous Organization
or DAO. "There is a DAO that is being being formed
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right now in the context of MetaMask," Lubin
added. Lubin did not provide further details about
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the DAO or a date for its launch, but did confirm
that MetaMask is intending to launch a token.
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Decentralization, DAO, and token. It’s coming
and I bet sooner than people realize. …sooo
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how are they going to do it?? Well they could
airdrop to all wallets equally, but that could
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be taken advantage of by farmers creating wallet
after wallet, taking advantage of that system.
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Well, the only other functionality besides holding
crypto assets and letting you connect to web3,
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is a built in swapping protocol. So if you
haven’t made a swap yet… I would recommend it,
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and for your swapping needs for the foreseeable
future, I would utilize metmask swap just in
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case it based on volumes. That will put you in
the best position for this gargantuan airdrop.
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But now it’s time to talk about an airdrop no
one see’s coming…If you didn’t know Energy Web
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Staking went live in December of last year, and
the second phase of this Consortia Relay Staking
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was announced 2 weeks ago. The Energy
Web twitter said “We're pleased, proud,
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and excited to announce that the second phase of
Energy Web Token Staking- Consortia Relay Staking
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has gone live! Your stake of EWT generates
north of 10% APY and will give you more Power
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in the future. Access here: with a link
to stake your EWT for this second phase…
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They said by staking this will give you more
“Power” in the future…is power a token airdrop??
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Well Walter Kook, former CEO and now managing
director of Energy Web’s Innovation Lab
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has been tweeting about this second
phase of staking and in his tweets,
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he has had the hashtag “ProofofSnapshot”...
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Power in the future, proof of snapshot…this has
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all the ingredients of a coming
airdrop…so what could this be?
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Well Energy Web gave a hint of what
was coming in their November 2021 dSLA,
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decentralized service level assurance litepaper.
They said “On the dSLA platform, every business
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activity happens around $EWT. Energy Web Tokens
are required as security deposits from Providers
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and are needed for staking, allowing
Patrons to participate in network rewards.
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$EWT will also be the collateral locked up to
mint stable coins for payments on the platform.
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EWT collateralized stablecoin? Yup that
is coming…but an airdrop of a stablecoin?
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No, No, No my friends. Now if you didn’t
know Micha Roon, was the Chief Innovation
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Officer and CTO of energy web from
April of 2019 to March of this year.
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Well going to Micha’s Linkedin
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we can see he is now the CTO of a company
called bonk or bonq. So what is bonk??
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Well it’s a new type of protocol. In his Linkedin
he says “they are a technology company providing
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solutions for self-sovereign finance. It allows
individuals and businesses to access liquidity
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of their assets without selling them, interest
free and with no need of credit approvals
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from third parties. By using assets as
collateral, Bonq allows users to issue a loan,
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backed by these assets. It will start with
cryptocurrencies and blockchain tokens,
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however in the future Bonq protocol
will support tokenized real-world
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assets, including shares of private
companies, IP, invoices and property.
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So, it’s a way to use assets as collateral,
to get loans, which are interest free!
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How is this possible? Well Micha has given some
hints on twitter. He said “the transaction costs
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of the chain a stable coin is deployed to are
important in order to give all the participants
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a chance to profit. On the Energy Web
Chain 1 EWT gets you a lot of transactions.
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That is why Bonq will use the EWC. That
and the fact it runs on renewable energy.
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So this will run on the energy web chain, and
the collateralized loans backed by EWT will
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issue a stablecoin to the borrowers but there
is more to this…it’s not your average stablecoin
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project. Micha also tweeted this “when
it comes to keeping a stable coin pegged,
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there is actually more profit to
be made from arbitrage than from
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interest.” and then this with a graphic
showing how it works the next week
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“One of the functionalities that will be
implemented on the Bonqn protocol is arbitrage, by
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participating in yield farming you keep the price
of the payment token stable! Are you excited yet?”
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So are EWT holders getting dropped a stablecoin?
No…Micha actually put out a blog over the weekend
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titled “Good by to EWF - Hello bonq” and
in the blog he said “In September of 2021
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Walter asked me to join the Labs effort
to work on some great innovations.
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That is when we first devised the protocol for
bonq as an efficient way to finance renewable
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energy projects without crashing
the price of EWT. In January 2022,
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it became obvious that bonq would be a gazillion
€ crypto project and that it had to be done.
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I can't tell you more than that we will start
with 2 partners and 10 tokens. When we launch,
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it will be with full regulatory blessing and a
front row seat on the next bull ride to the moon.
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At launch, the bonq protocol will have 10
tokens!? I’m guessing a majority of those
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will be stablecoins based on countries currencies.
Stable USD, Stable Euro, Stable Yuan etcetera…but
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one of them will be a governance token…airdropped
to EWT stakers. Remember #proofofsnapshot….
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And this theory was kind of confirmed here
recently…within test code for the Energy Web Chain
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we can see wrapped energy web token, and
bonq being used as collateral tokens…but
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what for?? Well further down in the code it’s
for stablecoins…they have a beuro, or bonq euro,
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an energy web based stablecoin of the euro!! And
then just yesterday, Micha Roon explained the
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tokens. He said “$BEUR is a payment token you
can mint yourself, based on the value of some
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collateral. $BNQ is a utility token that allows
you to get a discount on your $BEUR over time.
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And because there is no interest payment required
for minting $BEUR the discount % is always good”
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Now these are the top 2 airdrops I see
coming soon for obvious reasons. But
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what about the other airdrops for 2022? Well
there are many projects, protocols, dapps, and
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wallets who are tokenless who could be launching
a token through an airdrop and a crypto snooper
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has put out a great list of possible drops from
the like. In total 30 possible airdrops. I would
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recommend checking out the thread and doing your
own research…it’s down in the description…but
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from his list, there is one I
see doing an airdrop very soon….
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That is the zigzag exchange, a
decentralized exchange built on zkrollups,
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specifically zksync a rollup layer I also
see doing an airdrop. So by utulizing zigzag,
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you are also potentially setting
yourself up for their airdrop too.
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Back in December of last year, in a demo of their
bridge…I showed the non-live bridge had an example
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of zigzag assets, and a balance of zig tokens….
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Well just last week, zigzag put out a blog
post…and a tweet. The zigzag twitter said
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“We've started our research on exchange
coins for obvious reasons. Read our in-depth
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analysis…and in the blog they dive into different
exchange tokens, like BNB, FTX, Serum, Uniswap,
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Sushiswap, Bisq, and DyDx…but they end the blog
with this “Of the group, dYdX’s coin had the most
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intentional design. It’s clear documentation
made the incentives easy to understand,
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if not easy to model. If you’re going to take
inspiration from one exchange coin in 2022,
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the example of DYDX might offer this as a lesson:
incentivize the early traders and market makers;
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give them reason to stick around; add a dash of
inflation to encourage a search for yield (which,
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in turn, produces DAO participation);
and take care of the rest offline.
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Sounds like ZigZag will be
taking inspiration from DyDx.
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Do you remember how big that one was!?
Massive…Cheers’ viewers I’ll see you next time!
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