Loopring price in EUR and LRC-EUR price history chart

No more Bitcoin...

Made a significant change in our strategy, have chosen to remove $BTC as I do no longer consider Bitcoin having the innovation, technical potential or support from mainstream that it once had.

The future of Blockchain is (in my view) about: innovation, creative technical solutions, staking, DeFi, digital ownership, gaming, shared and flexible security models.

BTC is simply not the platform where I see the most creative, innovative and profitable Crypto projects happen...

Yes I think Bitcoin has it's place as a digital Store of Value, perhaps digital gold, but this use case is not very exciting to me and I do not think it is where the largest potential lies for investors.

Focus of CARUS-AR: Blockchain projects with fast development, creative solutions and growing ecosystems. This means $ATOM $ETH $NEAR $DOT $LRC $MATIC and $SKL at this time.

Removed $AVAX from our portfolio. After looking into the current scandal and legal issues looming with this project I don't think the risk is worth it and better investments can be found.

Instead of the L1 project AVAX CARUS-AR will invest in Ethereum scaling solutions. Adding 4% $MATIC, 3% $SKL and 3% $LRC.

With the move for ETH to POS, more focus will go to it's technical possibilities and likely scaling solutions.

2/4

I am also looking into the two projects right now in which I might be investing 4-7% of the portfolio. Those two projects are $LRC (Loopring) and $RUNE (Thorchain) 

Loopring because they have officially partnered with GameStop and launched the NFT marketplace with Loopring integration (huge long-term potential)

Thorchain because it has a connection to

$LUNA

But they’re each solving a different problem, and together they make each other stronger.

$LUNA solves one of crypto’s urgent problems: we need decentralized stablecoins. 

$RUNE solves another of crypto’s urgent problems: we need decentralized trading between different blockchains. 

Patiently waiting for some pullback 

The Loopring x Gamestop partnership has officially been announced!

Read more here:

https://medium.loopring.io/gamestop-nft-marketplace-powered-by-loopring-l2-6cdb9289d937

This is BIG and you're still very early  Loopring is just getting started.

$LRC

$LRC🔥

$LRC

Sadly enough, the partnership announcement did not happen before the end of the year. Reasons could be that the partners is not yet ready, the platform is not yet ready, NDA's restrict further communication etc. 

However, there is still a whole lot of development happening at Loopring's side and I remain very bullish and I keep adding to my positions while these low prices last. Even more so because the Gamestop (GME) collaboration hints still seem valid. I added an overview which lists all the current features added.

Also, it is wise to always check the rest of the market (especcialy $BTC and $ETH ) when alts drop. Crypto is currently suffering from bearish sentiment, but better days will come. 

This interview provides some interesting info on the roadmap of $ETH and Vitalik using $LRC as an example of creating fast transactions at low cost.

https://www.youtube.com/watch?v=b1m_PTVxD-s

This week, Loopring ($LRC) has officially launched their counterfactual wallet on IOS and Android! They also launched their trading tournament to increase traffic and receive early adaptor feedback.

"With the release of our Counterfactual Wallet, users can now deploy the Wallet on L2-only, bypassing a costly creation fee on L1. This-try-it-before-you-buy-it option allows users to experience the power of Ethereum L2 right away. If users would like to withdraw funds to L1, they can deploy their Ethereum L1 smart contract wallet, paying for the creation cost at that time."

https://medium.loopring.io/introducing-l2-counterfactual-wallet-and-fiat-on-ramps-a4b60edf15d6

I tried creating my wallet (by card --> direct on-ramp to ETH) and it was an effortless & quick process and most of all: incredibly low fees!

Here's a (slightly outdated) video tutorial on how to create your personal Layer 2 wallet: https://www.youtube.com/watch?v=TyoIMECzgeI&t=124s

There's a minimum deposit required when creating your wallet. This is not a minimum COST, though. You get to keep this deposit in your newly created L2 wallet.

What else is going on regarding the GME partnership? Here's a good read on that topic:

https://wccftech.com/loopring-lrc-and-gamestop-gme-move-one-step-closer-to-a-potential-nft-related-tie-up-even-as-the-video-game-retailer-starts-accepting-dogecoin-doge-and-shiba-inu-shib/

Happy holidays!

Counterfactual wallet and fiat on ramp released on $LRC. Christmas comes just in time. There must be very little time left for them to announce their GameStop partnership and NFT marketplace as they only have around a week left. Maybe they won’t announce it on time for their target but let’s hope they do so we get an extra Christmas surprise.

Keep holding strong.

Took some of $LUNA profit and moved back into $LRC