Money Dosent Disappear, It Moves

Money dosent Disappear or go away

It just simply moves

Like water

Its always flowing

We’re seeing this play out right now as most of Web3 is going dry while some projects are still well funded

The money simply got out, because well we’re in the middle of a bear market and number is down

And one ecosystem that we’re seeing big developments in despite the bear market is the Internet Computer ecosystem

Today the founder of IC announced that there will be HUGE crypto advances, talking about how the Internet Computer will be bringing trustless L2 for bitcoin, ethereum, erc20, and smart contracts

The Internet Computer recently just integrated with Bitcoin and Ethereum is up next

This is going to expand the IC even further and really show off more of its abilities

One of the biggest reasons i’m so bullish on the Internet Computer is that they are focused on not only uplifting the IC ecosystem but other ecosystems like the Bitcoin ecosystem

This is great because trying to act as a Bitcoin or a Ethereum killer is not really the move considering they are already so dominant

Its better just to try and support and contribute than tear down

And Personally Im liking what we’re seeing from the team as they continue to build even in a Bear market

The attention being given to the IC has also escalated in the past months

The total amount of social engagements for ICP is up over 36% in the past 3 months

This is just the beginning as more and more people begin to see what is happening

And ICP has had a nice pump lately, as the stock market and bitcoin have moved up

I consider this to be a real good sign

ICP right now is at what I think is a very cheap range (NFA, DYOR)

And seeing how its been moving with Bitcoin recently really shows that it has explosive potential that hasn’t even been tapped into yet

But just remember we are still in a Bear market, so dont get too greedy

Im expecting 2023 to be a year where ICP really proves itself as one of the most powerful projects in all of web3

There are also a decent amount of projects on the IC that are well funded

The money is just moving to better areas

Like the Internet Computer

And thats all I got for today

Lets keep working

-Aaron