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Feb 17
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LONG
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Todd Alt
CEO/Founder, Alt Blockchain
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The speaker identifies the corporate structure supporting the new chain: "Universal DeFi under UU on the New York Stock Exchange and then Hyperscale Data [GPUS]... and then the individual chain in the middle." These equities serve as the regulated, public market proxies for the Alt Blockchain ecosystem. With 750,000 nodes reserved and a "super app" strategy, revenue generated by the blockchain's activity will likely accrete to these parent/partner entities. LONG. These are high-beta plays on the adoption of the Alt Layer 1. Execution risk of the blockchain launch; high volatility of micro-cap crypto equities. |
CoinDesk
The Uncensorable Layer 1 Built from Being De-...
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