Smart Money Is Betting Big On The Future Of Crypto
March 23, 2021 at 08:00 AM EDT
FN Media Group Presents GlobalInvestmentDaily.com Market Commentary
London – March 23, 2021 – The cryptocurrency market is back – and in a big way! Between late September 2020 and late February 2021 – a period of just five months – Bitcoin prices soared an astounding 456.8%. But Bitcoin’s rise is just part of the story. Mentioned in today’s commentary includes: Alphabet Inc. (NASDAQ: GOOGL), NVIDIA Corporation (NASDAQ: NVDA), CME Group Inc. (NASDAQ: CME), Baidu, Inc. (NASDAQ: BIDU), DocuSign, Inc. (NASDAQ: DOCU).
But one company – led by some of the brightest, boldest and most disruptive minds in the blockchain space – appears to stand apart from the rest of the crowd. In fact, some are calling this company “the Uber of Crypto” or the “AirBnB of digital storage.”
That company is Cloud Nine Web3 Technologies (CNI; CLGUF), and the company’s unique stockpile of interconnected applications and Intellectual Property has it uniquely positioned to take advantage of a new bull market for cryptocurrencies. Cloud Nine’s recent acquisition of Limitless Blockchain Technologies provides it with a foundation that is designed to maximize user experience and customer loyalty. And the company is emerging just as the new bull market in cryptocurrencies is beginning to take off.
The Brightest Minds in Blockchain
This forward-thinking, customer-oriented approach is the result of the work of one of the most impressive management & advisory teams in the blockchain space.
A Platform Of Interconnected Assets
Cloud Nine (CNI; CLGUF), has positioned itself to be “the Uber of Crypto” by bringing to market three assets that work together to create a unique experience for a potential army of millions of digital miners.
Their first asset is an application that offers both revenue for the company as well as a foundation to leverage across its entire platform immediately. This downloadable desktop mining platform –LimitlessCrypto VPN Miner –acts as a virtual private network and is designed to give consumers a simple entry point into the world of cryptocurrency. The technology powering Limitless’ VPN Crypto Minder is patent pending, and the VPN currently has a wait list of over 100,000 users for its March 2021 launch. The company is projecting the user base will grow to one million users by the end of 2021 generating an average of $11 USD gross revenue in cryptocurrency per user per month, with an attractive $7.30 in gross profit per user per month.
The company’s second asset is an in-home crypto-mining rig that allows customers to participate in advanced crypto-mining with no expertise required. The MicroBlock Miner gives users a plug-and-play opportunity to participate in proof-of-work mining protocols like Bitcoin, Ethereum and more – with the ability to immediately mine up to five different cryptocurrencies in their own home. This is the company’s “crypto-in-a-box” innovation allows users all over the globe to begin generating revenue without specialized knowledge or technical expertise.
The real genius in this interconnected platform of assets, however, is the X2Crypto Wallet. The X2Crypto Wallet comes with a physical VISA Credit card and ties the entire platform together into its own decentralized financial ecosystem by offering storage, crypto exchange and banking capabilities. The interconnected nature of these assets is a key part of what makes Cloud Nine (CNI; CLGUF), such an interesting investment opportunity.
Exposure to the New Bull Market In Crypto
The surge in the crypto-markets over the last several months has triggered a wave of interest from investors – and a number of compelling opportunities have emerged. None of those opportunities, however, appear to match the unique combination of assets, experience and interconnectivity that Cloud Nine offers as the potential “Uber of the Crypto Space.”
Big Tech Is Jumping On The Blockchain Bandwagon
Google (GOOG)’s blockchain initiatives are particularly interesting, in fact. The tech giant is building a platform that will leverage both its cloud expertise and the Ethereum blockchain to allow users to create an entirely new kind of application. Leveraging its Big Data capabilities reference to on-chain data that is out of scope, Google will be able to improve the operational efficiency of the Ethereum smart contract platform
As one of the few trillion-dollar companies, Google has carved out its place among the most elite corporations on the planet. But just because it’s already in the 4 comma club, that doesn’t mean there’s no upside left.
At its core, Nvidia Corporation (NVDA) is built by and for gamers, but because their GPUs are programmable, miners have found a way to harness their power for the own purpose. This has sparked a shortage of gaming GPUs, and Nvidia has finally come up with a solution – its own dedicated mining product.
“Creating tailored products for customers with specific needs delivers the best value for customers. With CMP, we can help miners build the most efficient data centers while preserving GeForce RTX GPUs for gamers,” the company noted on its website.
This exposure to the industry will help its already-successful gaming products get to where they need to be while also creating an entirely new potential market for the company in the process. That’s good news for the company’s future. And shareholders are likely to be the biggest benefactors.
CME Group (CME) is a Chicago based global finance company. In fact, it is the world’s largest derivatives market, trading in everything from currencies, energy, agricultural products and much, much more. The Economist calls it “the biggest financial exchange you’ve never heard of” and they may be right.
It’s not letting the crypto-boom pass by, either. As one of the first major exchanges to offer bitcoin futures, CME Group has proven that it has the foresight and capabilities to remain relevant for years to come. It even recently launched a new product, Ether futures, giving traders even more exposure to the world of crypto.
BAIDU (BIDU) is another leader in the global tech race. As the ‘Chinese Google,’ Baidu is following a similar path to its American counterpart. It began as a search engine but is quickly expanding into almost all things tech related. Like Google, Baidu has an equally large portfolio of innovative new technology, and even better for some investors, it comes at a significantly lower price point. From artificial intelligence to television and finance, Baidu’s ever-expanding reach is not to be ignored.
Despite some pushback from the United States and even some Big Tech oversight concerns from its own government, Baidu has had a stellar year. Since March 2020, The Chinese tech giant has seen its share price soar from $88 to today’s price of $277, representing a 214% return for committed shareholders.
DocuSign (DOCU) is a tech company that has truly disrupted the way that people do business. And it all started with an incredibly simple idea; e-signatures. While the concept may seem obvious right now, DocuSign pioneered the idea and completely transformed how people sign documents.
With many companies doing business outside of the office these days, DocuSign has seen a surge in interest because, global lockdowns or not, documents still need to be signed. And with this growth in demand, it’s also set itself apart through innovation in the industry. It’s now leveraging blockchain technology to ensure documents and signatures are verifiable and safe.
By. Andy Beckett
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