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Harmony: ONE Update!! My Take On Its POTENTIAL!! ๐Ÿง



๐Ÿ“ฒ Insider Info in my Socials ๐Ÿ‘‰
๐Ÿ›’ Get The Hottest Crypto Deals ๐Ÿ‘‰
๐Ÿ‘• “Bitcoin Illusion” Shirt ๐Ÿ‘‰
๐Ÿ”ฅ TOP Crypto TIPS In My Newsletter ๐Ÿ‘‰

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๐Ÿ“บEssential Videos๐Ÿ“บ

Previous Harmony Video ๐Ÿ‘‰
Blockchain Domains Explained ๐Ÿ‘‰
Why Cryptocurrency Tokenomics Are Important ๐Ÿ‘‰
ThorChain Cross-Chain DEX ๐Ÿ‘‰
Coinbase Listing Criteria ๐Ÿ‘‰

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– TIMESTAMPS –
0:00 Intro
2:09 Harmony Recap
5:29 Harmony Updates
7:43 Harmony NFTs
9:23 Harmony Governance
11:37 Harmony ONE Price Analysis
14:09 Harmony Roadmap
16:24 Harmony Concerns And Hurdles
19:39 Outro

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โ›“๏ธ ๐Ÿ”— Useful Links ๐Ÿ”— โ›“๏ธ

โ–บ Harmony ONE Metamask Set Up:
โ–บ Harmony ONE Cross-Chain Bridge:
โ–บ Harmony Sushiswap Partnership:
โ–บ Harmony Terra Partnership:
โ–บ Crazy.One Subdomain NFTs:
โ–บ Harmony Governance Dashboard:
โ–บ Harmony Roadmap 2021 H2:
โ–บ Harmony Validators List:

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๐Ÿ‘จโ€๐ŸซHarmony Recap๐Ÿ‘จโ€๐Ÿซ

Although Harmony was inspired by other cryptocurrencies such as Ethereum, its blockchain was built from the ground up and is not a fork or carbon copy of another cryptocurrency

Harmony works similarly to how Ethereum 2.0 is going to work. In fact, you could say that Harmony is essentially a finished version of Ethereumโ€™s next iteration

๐Ÿ“ฐHarmony Updates๐Ÿ“ฐ

Back in March, the Harmony blockchain had just 50 HRC-20 tokens. Today, there are nearly 3700 HRC-20 tokens, and the most held of these tokens belong to Harmonyโ€™s own ecosystem

Another impressive adoption metric is the number of Harmony One Wallet browser extension downloads which has grown nearly tenfold since March

๐Ÿ‘จโ€๐Ÿ’ปHarmony NFTs๐Ÿ‘จโ€๐Ÿ’ป

Harmonyโ€™s real innovation is coming from its NFT ecosystem which centers around the daVinci NFT marketplace that launched in early April.
Harmony has seen about half a million dollars in NFT sales since that time, though I suspect most of that came from Harmonyโ€™s Crazy.One Subdomain NFT platform introduced in May

๐Ÿ™‹โ€โ™‚๏ธHarmony Governance๐Ÿ™‹โ€โ™‚๏ธ

Governance has been the focal point of Harmonyโ€™s recent development with the first major milestone taking place in March. This is when Harmony released their all-in-one governance dashboard

To kickstart Harmonyโ€™s other DAOs, the Harmony foundation will be dividing 10 million dollarsโ€™ worth of ONE between all their treasuries. All of these allocated coins comes with lengthy vesting schedules

๐Ÿ“ŠPrice Analysis๐Ÿ“Š

Although Harmonyโ€™s ONE coin has taken a bit of a beating in the recent bear phase, ONE seems to pump almost every time we see a bit of positive price relief. In addition to a strong community base, I attribute ONEโ€™s resiliency to its above average tokenomics

๐Ÿ“…Harmony Roadmap๐Ÿ“…

Stephen provided a sort of roadmap update in early May this year. In addition to flexing Harmonyโ€™s adoption metrics, he detailed some pretty ambitious products Harmony is hoping to roll out

The first is a non-custodial wallet that can be accessed and recovered using anything from an email to Googleโ€™s Authenticator app

The second product Harmony wants to produce is a DeFi protocol that provides an annual return of 20 percent per year on stable assets

The third product Stephen is hoping to see is a non-custodial cross chain bridge with token transfer times of less than 3 minutes

๐Ÿ•ต๏ธโ€โ™‚๏ธHarmony Correction and Concerns๐Ÿ•ต๏ธโ€โ™‚๏ธ

Back in March I mentioned that Harmony had 1000 validators, with 250 validators on each of the 4 shards at any given time

At the time, I was under the impression that 640 of these validators were run by the community, with the reminder being run by the Harmony Foundation

According to Harmonyโ€™s staking Dashboard, there are just 109 active validator nodes.

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๐Ÿ“œ Disclaimer ๐Ÿ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Harmony #ONE #crypto #staking #altcoin

Source: Coin Bureau

24 Responses

  1. A good video for a very good blockchain (Harmony). A chain that has nothing to less than the competitors and does a lot of things way better. Those who will argue, just don't "accept" it because it's a treat on their portfolio. Acceptable.
    Harmony has worked a lot the last 2 years, and achieved so many that other chains still struggle, as mentioned from Guy, too.

    I hold my Harmony and I have it growing over a year now. I sold a part, as this is the main reason that I purchased it (profit), but I will buy back and will prefer it against Zilliqa, SOL, ETH, etc.
    The reason? It is undervalued and has smashed BTC pair on all the hype cycles that has lived in. It makes new tops all the time and will continue.

  2. Wow, another great video, Harmony is one of my favorite projects. I have another one in mind, Strongnode. I hope they will talk about it soon and not when it is in the top 10. Keep up the good work, your videos are very good ๐Ÿ˜‡

  3. Only the fools don't know Harmony & put money in shitcoin. Harmony deserve to be best project, team. Still well undervalued, expert rate Harmony is the finished ethereum & should be in top ten. Especially lot of work from 8/21 to 9/21 are in progress. Explosion is not a surprise

  4. Harmony should get the value it deserved. Harmony deserve to go pass Matic, Cardano, and Dogecoin in term of technology. Its speed, scalability, transparency and interoperability is well beyond those coins. That's the main reason Harmony can compete Ethereum in near future

  5. No reason harmony can't go to moon.. Harmony deserve its value when it reaches at least $2 which is 20 billion market cap. In the next 6 weeks Harmony will show cryptocurrency community its deserved value. Explosion is not a surprise. Only the fools ignore this.

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