The Good Tech Companies - Cables Sets a New Standard for Onchain Community:Focusing On Utility,Ownership, And Global Liquidity

Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Cable sets a new standard for on-chain community, focusing on utility, ownership, and global liquidity, by BTC Wire. In the Web3 space, community has become a buzzword, often used to describe short-lived hype, inflated metrics, and fleeting engagement. Cable's is changing this paradigm and carving out a distinct path by focusing on genuine contribution and long-term, sustainable participation. The platform recently launched the Beginning of its Points program, a key part of Cable's long-term strategy to foster real engagement and identify early contributors who will help drive the ecosystem's growth. The program aims to award participants whose involvement supports the platform's foundation by building liquidity and utility from the ground up.

Starting point is 00:00:49 Unlike many other projects that focus on superficial metrics, Cable's is bringing together traders, builders, and community members who understand the vital role of early liquidity, intent, and utility in creating a solid on-chain economy. Rather than chasing crowds, Cableables is focusing on rewarding the people who contribute to the long-term success of the system. A platform built on real UTILITY cables is set to launch one of the first unified decentralized exchanges that combines liquid staking

Starting point is 00:01:17 with perpetual futures trading, focusing on creating avenue for trading and earning yield on both the foreign exchange market and real world assets. The grand vision Cable's is creating is an integrated system that allows users to stake global assets like tokenized gold, CXAU, or euros, CEUR, earn passive yields, and then use that same capital as collateral to trade, hedge, and take market exposure, all within one platform. Though an ambitious vision, Cable's is addressing real traders' needs in eliminating the complexity

Starting point is 00:01:49 of using multiple tools and systems. The platform will create a self-reinforcing cycle, yield attracts liquidity, liquidity fuels execution, and execution strengthens the system. It's a simple, elegant structure that makes it easy for users to generate value and actively participate. Building for a truly global market in order to actualize its vision of a truly globalized community, Cable's is also distancing itself from the typical USD-centric DeFi model. While many platforms focus on USD as the core of their operations, Cable's is designing

Starting point is 00:02:21 its platform to break away from this restrictive paradigm. The project aims to serve users in key markets across Asia and Europe, including China, Korea, Vietnam, and Turkey, building infrastructure that mirrors how capital flows in the real world, not just in dollars. The platform will cater to global participants who trade in yen, stake in gold, or hedge in euros. As its community building mission doesn't involve chasing artificial growth metrics, the Cable's team claims the project is moving away from

Starting point is 00:02:50 the reliance on inflated TVL figures dominated by USD, focusing instead on enabling globalized trading and staking across multiple currencies and assets. Focusing on participation over speculation looking back at the last market cycle of 2020 to 2023 revealed an important lesson. Speculation can drive short-term activity, but it won't sustain a system over time. The Cable's team is making sure that participation is what drives the platform, not speculation. Through its points program, Cable's rewards contributors who demonstrate real intent to be part of the system's growth, rewarding those who show up to build, earn, and trade for the long term. Rather than incentivizing engagement through gamified drops, Cable's is rewarding tangible contributions that help the platform grow in a meaningful way.

Starting point is 00:03:37 Every point earned represents a record of early commitment, reinforcing the idea that this ecosystem is built on participation that adds real value. An ecosystem that grows stronger with USEAT the forefront of the design behind Cable's Liquidity Flywheel is the premise that the more users engage with the platform, the stronger it becomes. This approach focuses on building a self-sustaining system that improves with each interaction, rather than relying on subsidized liquidity or external factors. The platform operates more efficiently as liquidity increases because higher liquidity

Starting point is 00:04:09 reduces slippage, improves order matching, and tightens spreads, all of which lead to faster, more cost-effective trading. As more users participate, the system can handle more trades with less friction, leading to smoother execution and better overall performance. This creates a cycle where increased participation drives improvements in speed and cost, benefiting everyone involved. Early growth signals strong interest The early response to Cable's initiatives has already exceeded expectations.

Starting point is 00:04:38 Thousands of users have signed up for the Alpha phase of Cable's points program in the first week alone, and the global community is actively engaging inquests, social engagement, in-person events and other opportunities in the lead up to the full launch of the points program. The Cable's team views this massive early traction as the start of a global movement centered around earning, trading, and owning together. The project is responding to a real demand for RWAs and FX assets to be traded on-chain on a platform that focuses on user utility and long-term value. Looking ahead looking at the global community the Cable's team is assembling, the global assets being brought on-chain mirror the international scope of the ecosystem. Cable's IS creating a platform that reflects the diverse financial markets and communities it serves, offering decentralized access to global assets and enabling users worldwide to participate, contribute, and

Starting point is 00:05:29 benefit from the system's growth. Cables is setting a new standard for what a true on-chain community can look like one built by those who show up early, contribute meaningfully, and help in shaping its future together. For updates on the project, follow Cables on X and join their community on Telegram. Tip This story was distributed as a release by BTC Wire under Hacker Noon's Business Blogging Program. Learn more about the program here.

Starting point is 00:05:55 Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

The Good Tech Companies - Cables Sets a New Standard for Onchain Community:Focusing On Utility,Ownership, And Global Liquidity

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.