Our 5th call in ApeTeam420 is

Crescofin - $WCRES

We think this will be a very good mid/long (EOY) hold after doing heavy due diligence on it.

We also have some intel there is some market moving news coming out during next week.

Created a thread below on why:

1/ CrescoFin is a bank alternative. They are a regulated Swiss company that offers a simple product: an insured, interest-bearing deposit account on chain, with higher rates than in a bank.

They are the worlds first real DeFi alternative to the $60.5 trillion bank deposit market

2/ Summary:

• Better bank alternative: All deposits and returns are fully insured

• Bridge into DeFi for institutions

• Fully regulated Swiss company

• Working with Chainlink, Aave, Visa and Mastercard

• @StaniKulechov @RyanSAdams @Damianhorner @TheCryptoDog as advisors

3/

• Tokens are real equity, with voting and dividend rights

• Fair distribution (no presale)

• ISIN number on Bloomberg Terminal

• Targeting a 1 billion dollar valuation by EOY!

4/ Product:

• Fully insured savings account in crypto and fiat.

• Ability to operate in 34 different multi-currency wallets, lower FX costs than Revolut or TransferWise.

• Fully insured deposits, no maximum amount.

• Integrations with DeFi projects like @AaveAave

5/ Marketing:
Quiet period for $WCRES is about to end. Marketing will be led by @Damianhorner co-founder of Real Vision. The guy is an advertising genius. Worked with Microsoft, Coinbase, even JK Rowling.

• Serious campaigns starting once product is near.

6/ • New website in the coming weeks.

• Superstar dev joining in a few days, with amazing connections.

7/ Origin of the company:

@derek1848 and @robertesharratt co-founded @CrescoFinSA in 2019

Derek started the Cresco group of companies in 2011 with Cresco Capital Markets, a foreign exchange broker, adding Cresco Capital Management in 2014.

8/ Robert Sharratt started his career in investment banking at Hambros Bank, HSBC and Lehman Brothers and spent most of his life working for the 1%. What they did through banks disgusted him. He wrote a book about it called ('1%' by Robert Sharratt)

9/ Tokenomics:

Current Price: $39.58

Current Market cap: $43,623,439.76

Circulating Supply: 1,252,500 / 1,252,500

10/ Socials:

Website: https://defi.crescofin.ch/ 

Twitter: @crescofinsa

Telegram: http://t.me/crescofinofficial

Coinmarketcap: https://coinmarketcap.com/currencies/wrapped-crescofin/

Etherscan: https://etherscan.io/address/0xa0afaa285ce85974c3c881256cb7f225e3a1178a

Only listed on Uniswap as of now: https://app.uniswap.org/#/swap?outputCurrency=0xa0afaa285ce85974c3c881256cb7f225e3a1178a

11/ As always our calls are not paid and solely based on strong fundamentals + longevity of the project. We are very certain this will do well this year but DYOR.

Thank you for reading kind sirs.