February Newsletter

Having successfully survived the bitter cold of the “Crypto Winter” were looking ahead to, what promises to be, an exciting 2019 for us all.

Crypto, like the moon we strive toward, is a harsh mistress. We ride high and fast during the ascents, growing at rates unseen almost anywhere else in the business world yet, when the markets turn, the crypto recession is similarly dramatic and severe.

None of it surprises us as we, alongside some of our longest serving customers, have been through these cycles before. But even with that experience, navigating these tumultuous seas is a continual lesson in humility. Having successfully survived the bitter cold of the “Crypto Winter” we’re looking ahead to, what promises to be, an exciting 2019 for us all.

Crypto, like the moon we strive toward, is a harsh mistress. We ride high and fast during the ascents, growing at rates unseen almost anywhere else in the business world yet, when the markets turn, the crypto recession is similarly dramatic and severe.

None of it surprises us as we, alongside some of our longest serving customers, have been through these cycles before. But even with that experience, navigating these tumultuous seas is a continual lesson in humility.

As we closed 2018, one of the key lessons we feel is that the most important stories in cryptocurrency aren’t always the ones with the loudest headlines. Despite being the center of many discussions, the “crypto winter” doesn’t strike us as the key story of 2018. So what is?

Firstly, the rise of “other” tokens — security tokens, non-fungible tokens, stablecoins, and equity tokens demonstrated the continued vitality of the blockchain community. That a single year, and a tough year at that, saw so many diverse and innovative products proves the enduring value of the blockchain.

Secondly, significant investments in cryptocurrency and blockchain infrastructure from traditional financial institutions and new technology companies mean we have much stronger foundations to build on.

Finally, the regulatory environment. While a certain strain of crypto enthusiast might believe regulation sounds a death knell for blockchain, we think this viewpoint is misguided on two counts. First, regulation removes and discourages the bad actors who have done such harm to cryptocurrency’s reputation. Second, regulation proves that crypto is here to stay.

Why are we so sure? … The simple answer is …. there’s no need to regulate a fad; it will expire well before a bill reaches committee. An enduring new asset, however, needs a place in a legal framework. Legislators have decided that the Cryptocurrency industry is growing, not evaporating.

 

What you can expect to see in 2019?

 

  • HelixxPay

As many of you are already aware, we are nearing completion of HelixxPay, our wallet facility. The site can be viewed at www.helixxpay.com however it is still under construction and we expect to have it ready for you all within the next 2 months.

 

  • HelixxTrade

Another exciting addition this year will we the launch of out very own trading platform for all crypto trading enthusiasts. We expect to see this completed in the third quarter of 2019.

 

  • Helixx ICO (HLX)

All though the launch of our ICO has been moved somewhat by market forces, we are still very much focused on this and are looking to the middle of the year for the launch date.

 

By working together to increase our collective comprehension, participants in the cryptocurrency ecosystem can take many steps to help reduce market volatility and efficiently educate newcomers.

If 2019 is anything like 2015, the cryptocurrency market is in a consolidation phase, and the next several months will continue to shake out underperforming projects. Very little has changed with the fundamentals of the space, despite the pullback in valuations, we expect a continued and bright future for cryptocurrencies in 2019 and beyond.

 

TeamHelixx