The 3 Doges analyzes Elrond, Chainlink, Icon and Decentraland

0:02hey guys we're live in the studio with another episode of the three doges this is gonna be a fun one right it's gonna be a fun one i'm ashtin at cryptocoinshow on twitter at jessecouch on twitter at i'm not the wolf wolf of poloniex on twitter not financial advice but let's take a look at some crypto charts and some crypto news and let's kick it off again with that

0:26it's a big that's a big deal yeah a huge deal mainnet launch of elrond coinmarketcal says it's at the end of this month july 30th elrond another that's a big news scalable network blockchain sounds good to me i've heard a lot of buzz on the social on the twitters the twitter there's been a lot of buzz um and you really need to have your own blockchain protocol that's super

0:50scalable if you want to have buzz now you know they don't really unless you're chain link and you're doing something amazing uh with an ethereum token you sort of need to have your own network yeah or at least your own shard but shards still aren't here yet so i don't even know what to shorten it but it's true i think it's sort of like um like a like a

1:10are we gonna a part of i think it's like a main net but it can connect to other main nets oh and so like they all kind of can injure communication and then they can all like do work i'm not like not the same work because everyone else kind of separates it out like a parent with like branch well they're calling a

1:37lot of people calling it the ethereum root chart for the eeth so that's going to be the root shard or the or the beacon shard i've heard the beacon chain it was beacon chain but that sharding is part of i think it's part of allowing you to segregate transactions um so that you don't have to you know recall from the beginning it's like the finality like you can separate it into

2:04shards so that you don't have to see this you you can use your might just sticks my lines and my child yeah so each shark can have its own token too so it only needs to use ethereum when it's hitting that beacon chain and so they can be like staking with their other token on their kind of other network that works with every other network in this ecosystem okay that's actually pretty

2:24cool this is why we need to invest in ethereum ethereum 2.0 i'll be therium 2.0 a.k.a our chain [Laughter] i guess these people will say elrond but you never know i mean that's coming up i like to usually sell mainnet a little bit at least but uh let's see what the price is at yeah well uh the people saw the main net coming and it's been pumped to the sky what are you

2:53talking about um so i think it's a little late for people that uh are getting in for the main there's 13 days left right now until the main at launch but uh looks like it could be 13 days until this drops 90 percent well it's it's usually like right before main that launch or some sort of product launch or something like that like a week or two weeks prior

3:15is when it dumps so well it's 13 days which is under two weeks right now so we'll see what happens i guess next week on three dodges we'll be giving the funeral for elrond now that the main net has launched the main nets launched it was a flop that uh yeah a lot of these chains aren't getting any adoption at all when they launch that's the main thing right uh it used

3:38to be you know daps now it's running defined staking i know they're doing staking on elrond but even with everything exactly you know i guess it's easier to uh get adoption when it's staking because you just literally have to just leave your coins in your wallet i prefer shardstaking oh okay um yeah so it's about getting that mainstream adoption how are they gonna

4:03how are they gonna be the next ethereum right and not just be a network that nobody uses also on the upcoming calendar list is bancor version 2.0 at the end of this month as well july 31st and bancor is uh it's a fairly old project relatively compared to some of these other ones right they've come a long way yeah apparently it's defy too

4:29but i didn't know d5 existed two or three years ago d5 before d5 we were setting trends yeah now i think they had some controversy around the time of their race but uh it's definitely the price just dropped and yeah it was really uh not a good performer when it first came out it didn't even set a floor i was looking at the charge it goes up like angled down forever and then just

4:54bounces hard yeah yeah well you know i know they were doing an air drop around new years uh of 2020 here and that did nothing it made the price go down even more but uh around really had to have like strong belief in this project because it never was never flat it just keeps going down and down yeah just one of those ones where you're down 90 and you're like should i

5:19just keep holding and you know that you can go down another 90 percent my 2018 buy actually is now in the profit on this one yeah well in may it started turning around and better holding bitcoin 666 since may in two months i mean it's gonna in my opinion it's gonna drop soon the fact that we're hitting that liquidity level where you buy

5:45back in 2018 makes sense everyone that bought back then that's still um they still have hands of steel they're going to want to sell as soon as they see a little bit of uh of a dump happening so yeah because they're probably like oh i'm never holding that for that long ever again so you got to watch out for those sellers for sure yeah well version 2.0 could be big right

6:05and they have a cool no the news of it could be big for the price so we'll hope the application is actually really cool but i think 2.0 anything is something that people can show so yeah bankwood 2.0 is as big as ethereum 2.0 then they're in for a good time um so i'd be looking to buy the gym though on this one like yeah yeah would just wait it just wait it out

6:30wait for the see where it is in six months wait for the correction well six months a long time i mean yeah it i would say at the 0.5 fib levels like about halfway price of what it's at right now um if it drops six months is a long time imagine buying it last april and just watching it go down for a year oh this is like no end in sight just buying the dip

6:53for a year imagine living 2018 again i always liked this one i heard a hedge fund was involved i don't know for sure but that's something i always like to hear about a coin yeah definitely yeah i spoke to the founder and it seems like they're working hard so but obviously elrond and d5 is heating up too so yeah this might have some long-term potential here for d5

7:16defy leader that's the big thing they definitely have built a bit of a community over the years that they've been around so yeah but definitely could use a little bit of a pullback yeah uh there is one coin that relatively hasn't pumped too much yet and it's a very cool project vr is amazing decentraland mana skyrim it's kind of that was cool we were

7:46watching those youtube videos now i'm all jacked up to buy yeah yeah you said you know vr the graphic in vr is terrible and i brought up half-life alex and nobody out there has ever seen half-life alex it's amazing the graphics were amazing that's one of the downsides of vr right now is you know you're going to a vr conference or vr world and like the graphics are sort of like just you

8:08know 2005. you're like well where's the real life you know i want virtual reality to be better than real life yeah i mean i was pretty hyped up for this project actually actually no this is one of the coins i actually know the fundamentals behind but uh but i was there for like the main net launch just because i'm so into like vr but i was there for the mainland launch

8:26and showed them and even did like a little twitch um live stream of of testing it and i gotta say um i mean it was you know it was cool that it's all like being run through the blockchain et cetera et cetera all the the land and the ecosystem but the graphics and the functionality of it was not it um but you know that was just like basically the in my opinion like the beta test launch

8:51well that's where we wait for central centerland 2.0 they're holding back the graphics i believe oh yeah i'm sure i mean that you can't even do vr right now but it's supposed to be for vr in the future so it'd be interesting to see like once they polish everything up together and and you can actually like interact with other people through vr it'd be really

9:09interesting well i think one of the coolest parts is that you know you can use the mana to buy the land and you own the land outright and you can put whatever you want there right you can have house parties and it's on the blockchain so it's like i mean build your virtual house that's one of the coolest things is that the the platform actually created a

9:28ecosystem a real estate ecosystem on you know the digital web so like there's nothing else that's really been able to do that maybe like roblox or something lately but yeah and a lot of those values uh the land values have appreciated the top more than real life yeah it's crazy it's highly illiquid but the values are way up there on the people that bought the auction yeah you

9:54should have been buying virtual land not virtual currency in 2018 because this stuff the land title has done nothing but go up it's like some places like a little plot of land like three hundred thousand dollars like what the heck yeah dude buy a real land first that's crazy put some somewhere where you can have your computer to get to to to get to decentraland

10:17but i think you know one day hopefully shortly this might turn around head back into the bowl well we're seeing it curve up very very slowly it's just kind of dead within that accumulation level but um eventually i do think it's gonna break up out of that previous high which i think was the launch i mean once it breaks that resistance then it's just

10:37gonna keep launching i remember when uh they they showed up at uh the bitcoin meetup like one a day or a couple days before the the token sale and we thought like wow this is super cool and then it sold out in like 10 seconds like like 30 seconds it was like super popular obviously everyone thought it was super cool and i'm glad they're still around so

10:59it's a great project um so yeah i guess that's all that we have for this episode those are those three coins uh there's three doges smash that like button subscribe to the crypto coin show on youtube subscribe to the crypto coin show on twitter subscribe to jessecouch on twitter and at i'm not the wolf wolf of poloniex on twitter and we'll see you guys

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