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Maker

MKR/USD LONG TO $10,000 (MakerDAO)MakerDAO, Lightning Labs are in World Economic Forum's list of tech pioneers for 2020 Maker is an ERC20 token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to manage another Ethereum token, the DAI stablecoin, that seeks to trade on exchanges at a value of exactly US$1.00. One of the most common requests we hear from customers is to be able to buy and sell more cryptocurrencies on Coinbase.Centrifuge has teamed with Paperchain and ConsolFreight to tokenize music streaming royalties and trade invoices, respectively. The vote, which concluded today, paves the way for these tokens to be used as collateral for minting Dai stablecoins. Paperchain and ConsolFreight’s tokens would be the first collateral type that isn’t crypto-native. Currently MakerDAO accepts ETH, Basic Attention Tokens, Wrapped Bitcoin and USDC as collateral for Dai loans. The new vote also signaled community support for 0x’s ZRX token, Decentraland’s MANA token, tBTC and Uniswap’s Dai Liquidity Token. Centrifuge and its partners will now get to work figuring which oracles to use, developing risk models and reviewing smart contract security, Centrifuge CEO Lucas Vogelsang told The Block in an email. He estimated that these steps will take somewhere between a few weeks and a couple of months.Once that work is done, a second, binding vote will be held to determine whether to add the new code to the smart contract on the Ethereum blockchain.Starting today, Coinbase supports Maker ( MKR ) and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store MKR . MKR will be available in all Coinbase- supported regions, with the exception of New York State.A total of six blockchain startups have made it to the World Economic Forum’s (WEF’s) list of technology pioneers for 2020.WEF’s global innovators community and strategic intelligence ecosystem to help industry leaders with fresh perspectives. decentralized organization MakerDAO, bitcoin Lightning Network’s infrastructure developer Lightning Labs, blockchain analytics firms Elliptic, decentralized oracle network Chainlink, blockchain-based financial services firm Ripio, and blockchain-enabled environmental tech startup Veridium Labs. The WEF’s 2020 list includes a total of 100 firms from around the world that are pioneering new technologies and innovations, from artificial intelligence and machine learning to the internet of things ( IoT ) and robotics. The WEF has been recognizing a limited number of tech pioneers every year Who your early token holders are matters a lot In the mad rush to raise funds via an ICO in the past year, most projects completely ignored the importance of who the token holders are in the early days. Especially in the case of governance tokens that give token holders the right to vote on critical changes to a network on chain, as a founding team you want your token holders to be well-informed contributors rather than speculators looking to make a quick profit without contributing. Even if your token is not a governance token, sophisticated contributors are generally better community members than pure speculators; leading a community of speculators can be distracting at best and devastating at worst.MakerDAO, the organization behind the dollar-pegged stablecoin known as DAI, is in the process of voting on whether to further diversify the collateral it accepts for loans beyond cryptocurrency and tokens to include real-world assets (RWAs). Specifically, Maker would also allow supply chain invoices and musicians’ future royalty streams as security when it lends out DAI. These assets would be represented on the Ethereum blockchain by non-fungible tokens (NFTs), the innovation that spawned CryptoKitties. Small businesses and artists could take the borrowed DAI, which usually trades 1-for-1 with the U.S. dollar, to crypto exchanges like Coinbase and convert it to cash. If approved, the proposals would pave the way for the first application of DeFi to solving a tangible business problem outside the rarefied realm of crypto. The current crisis, like the 2008 financial meltdown, has seen big firms apply the brakes across supply chains, to the point where innovative ways of freeing up working capital for suppliers awaiting payment could be a lifesaver. “The average crypto user that bought bitcoin when it was a few hundred dollars and is using DeFi to trade and manage their wealth is a very different user from a business that is actually quite cash-strapped,” said Lucas Vogelsang, CEO of Centrifuge, a startup focused on bringing real world assets to DeFi. “These businesses are looking to DeFi as a way to get money quicker and get it on their own terms, without having to go to a bank,” said Vogelsang, whose firm has pilot-tested the financing of freight forward invoices with DeFi loans. “They don’t have crypto to get their DAI loans, so they need to be able to use their invoices or their inventory.”
BITFINEX:MKRUSDLong
by MavRich_Trading
DAO MakerDAO Maker is an investment platform and project accelerator that seeks to connect startups with smart capital. History of analog projects: DaoMaker - 90x (token sale price $ 0.1, ATH - $ 9) DuckDao - 2000x (token sale price $ 0.05, ATH - $ 100) A2DAO - 120x (token sale price $ 0.1, ATH - $ 12) Bulk - ? (token sale price $ 0.01, ATH -?) Tokens of such platforms are used to obtain allocations in initial sales projects. These platforms are very popular. They make project research, which is a filter for the crypto-startups. This token sale can become a game-changer for the market participants with small capital. Best regards EXCAVO
by EXCAVO
1
MKRUSD :: Taking profit, consolidation likelyHave had a good run in Maker. I love this coin for its huge green candles! Taking some profit on 250%, will ape in on a big dip, might buy back a bit if it consolidates for a while near the bottom of the consolidation zone if it develops. Closed out a position quite a while ago after some big candles, it consolidated there and then started banging up again..wish I had just taken a bit of profit. This thing could really moon over the long term. Take profit on huge candles, but not too much cuz they often come back to back before dipping. One more bang up & profit taking then I'll be riding it free and just keep it in the bag. Put my profits in the ALGO bag. :)
COINBASE:MKRUSDLong
by lazytrade
6
Money MAKERMaker seems to be getting ready to break up this triangle 📐 and if successful I think there is chance for run to 5760 and even higher. MKR been money maker lately (see related idea), so I hope this ATM🏧 is still working! There are 2 different SLs, one tight, one wide. I will split the position into two (equal size) and will go with both SLs. ENTRY : local high @ 4151 SL1 : local low @ 3934 SL2 : local low @ 3568 TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LMIT - SL1) @ 5760 RRR with SL1 : 7.4 RRR with SL2 : 2.75 INVALIDATION : when SL level hit Like👍 & Enjoy🍿!
Long
by bizmark
MKR MAKER - Shake & Bake 'er - GO LONG... maybe? With a recent rip on the daily, it looks like a breakout may be occurring on the 4HR. It's just a wee little candlestick spikey (but size doesn't matter right)?.... However, this might be the opportunity to use the 4HR to get ahead of the daily and take your position early. It's still pretty speculative, but I've pegged it at a 1:6 risk/reward. So, you don't have to get many of these little, high reward positions correct, to hit that big paydirt carrot. Here are the indicators, most are leaning towards a buy www.tradingview.com If you're not satisfied with my analysis, just use some house pet prognosticating... Step one: Put one doggy bone in each hand. Write long on one and short on the other. Whichever your mutt chooses first... THAT"S THE ONE. Step two: Invest entire life savings... What's the worst that can happen? Lots of homeless people have dogs. What did the pizzas say to the pizza MAKER? CHEESE-US!
Long
by Ifyouonlyknew
Experts See Profit-Booking In MKRMKR Price traded at $3459 with a gain of 22.80% in the last 24-hour and 60.45% up in the weekly time-frame. Furthermore, Maker plunged from the resistance of $3770. In contrast, the market capitalization stands at $3 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is trying to sustain above all the EMA. RSI index showcases a downward slope. Moreover, the price movement can be towards the EMA-21 of $3015 in future trading sessions. Resistance: $3770 EMA-21: $3015 Support: $2540
Short
by tcr_thecoinrepublic
Daily MKRUSDT is in a very promising scenario! What do you thinkTechnical analysis regarding the price of MAKER in relation of dollar Tether for the next scenarios, based on daily movement. The price is moving sideways and may be accumulating for a new impulsive wave formation. The price has come and gone in a very considerable upward trend, which I believe will last longer! It is just taking a breath to have a new price boost and, if you break this resistance region (upper red line on the chart), you can get the $ 2,884 dollars. I emphasize here that nothing is 100% concrete! I am passing my perception on the current scenario and it is not a recommendation to buy. Use for didactic purposes and carry out your own analysis on. Take only as a speculative basis. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Long
by luizhcruz