Web3 proletariat focuses itself on gaming and consumer facing AI, which will make copious amounts of money for certain people, to be sure. For those really in the know, there is an entire genre of enterprise grade projects marrying the corporate to the crypto. This is the infrastructure that will endure through bear markets and provide sustained profitability to smart investors while games and AI dump 90% every cycle.
Entangle, Mazze, Partisia. These projects are more difficult to understand, as they are meant for devs, not end users. But it's stuff like this — focused on interoperability and built in privacy — that will actually keep the iNsTuHtOoShUnZ that the influencooors constantly yell about in this space. Games won't and AI won't.
It behooves the smart investor to get in early on stuff like Mystiko, our project of the hour.
Mystiko is...
an interchain protocol using ZK tech to privatize transactions. With connections to major chains (ETH, AVAX) already in place, Mystiko provides a cost effective way to move between these chains without wrapping tokens as well as providing an additional layer of "privacy."
Keeping in mind this is an enterprise solution, so privacy must be balanced with government backdoors to ensure compliance with regulators like OFAC. So yea, you do get privacy to an extent, but there is definitely a way in.
The network promises to align itself with all major EVM chains and EVM L2s.
Multiple Narratives
If you want to win at crypto as an investor, go with the projects that provide exposure to multiple narratives. Mystiko is interoperability, privacy, compliance, zk all at once.
The big guys get this. That's why Mystiko got name brand web3 investors including Hashkey and Sequoia in at an early stage. More impressively, they were able to attract Samsung as well.
Implications
1️⃣ Cross chain bridges: Institutions need this functionality simplified, and Mystiko does that without compromising vital information flow
2️⃣ Payments: Companies can now conduct private payments while remaining in compliance
3️⃣ Onchain ID: ZK tech allows for ID without giving up personal information
Companies now have the ability to build or incorporate wallets, bridges, dapps and entire blockchains with compliant scalability and privacy.
Most importantly, the network is live. These aren't the vaporware raises of 2021.
Getting In
Mystiko is currently preparing a TGE that is sure to be just as good as, if not better than, Mazze when it dropped (Mazze did a 100x). Mystiko has been building for longer and built up more of a social media presence.
Mystiko also has bigger backers than Mazze, which means Mystiko has a larger war chest for that all important marketing piece.
I'm going to get in as early as possible, because these enterprise plays often get gobbled up by those who take the time to actually read technical whitepapers (the Mystiko whitepaper is all tech and equations, none of that vision babble). Mystiko has a unique solution to a big problem, and big investors have already taken notice. This is definitely a good way to diversify away from that capricious kiddie gaming and AI stuff.
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