Govinda Scammed Us ?👀

Welcome 🙏to Joint #19! We are sure to give you some insights about this week's weekly updates too🥳 keep reading!

This week was really happening and yes aapko ni idea…but worry not! Web3 Stash Hai na😇 Let's start by having a look at BTC and ETH 👀

Abhi let's dive into some good web3 news and trust me it's fun keep reading😭😭🤌🏻 Today we will be covering the following topics -

1. Govinda Scammed Us😱

2. Dext Force Festival📈

3. Understanding how decentralization is the future🚀

😱Govinda Scammed Us😱

The Odisha Economic Offences Wing (EOW) will soon question Govinda in connection with a Rs 1,000 crore💰 pan-India online ponzi scam probe☠️

Govinda is neither a suspect nor accused but may eventually turn into a witness for EOW.📢☠️

The authorities said that the Solar Techno Alliance (STA-Token)🔻 with an online presence in several countries🌐 was illegally operating a pyramid-structured online ponzi scam in the garb of crypto investment.🦊💶

Govinda had reportedly endorsed the company's operations in a few promotional videos🕺

The initial inquiry was conducted by EOW Bhubaneswar and the allegations proved to be true! Gaya Govinda😭😭😭

Mr Nirod Kumar Das, the Odisha head of STA added that more than 5/6 thousand members in the name of STA making an office in the initial😱🔗

During the investigation, they came to know that they were conducting a mega event 🙌where Bollywood star Govinda was invited as a chief guest on July 30, 2023🤌

As per reports, under the scam, they took lakhs of money in deposits from investors in Bihar, Uttar Pradesh, Punjab, Rajasthan, Haryana, Delhi, Jharkhand and other states🥲🥲

This is not the first time a celebrity promoted a ponzi Scheme 😭It is ultimately we as individuals who need to be more careful and not believe everything we see🤌🤌😭😭

 📈Dext Force Festival📈

The DEXT Force Festival opens the door to a unique world of DeFi🌐 and entertainment 🎯 Imagine yourself surrounded by top-notch Web3 experts and world-famous DJs🕺, all in one vibrant location.

The program includes panels on trends in blockchain, DeFi and metaverse building🔗. Workshops deliver hands-on learning while networking sessions foster valuable connections.💯🔒

Valuable prizes and fun competitions sprinkled throughout will create lasting memories. Interactive picnics combined with workshops deliver refreshing perspectives. It’s a total web3 immersion like nothing else.🤌🤌😭😭😭

Prepare to be inspired by a stellar lineup of 50 renowned experts and gurus from around the globe.🧠 These industry leaders will share invaluable insights, knowledge, and experiences, making this event a treasure trove of learning opportunities🌐💯

Let loose and be captivated by 15 DJs who are set to set the stage on fire. With surprise acts and world-famous headliners, the party atmosphere will be nothing short of explosive.🍺🎉

As if the incredible lineup and experiences weren’t enough, the DEXT Force Festival takes place in the magnificent La Llotja de Mar, in the heart of Barcelona offering a stunning backdrop for all the action🥳🥳🎊🎊

The DEXT Force Festival is poised to be an epic gathering of DeFi enthusiasts, music aficionados, and Web3 enthusiasts.🤌🤌

With an impressive lineup of speakers, DJs, and a breathtaking location, it’s an event that guarantees an unforgettable experience⚒️✅

So, Are you ready for a thrilling fusion of DeFi, music, and the immersive Web3 experience?

DEXTools invites you to join the excitement at the DEXT Force Festival, 10-11th November 2023!🎊🥳️🎊

👉🏻Understanding how decentralization is the future 👈🏻

Decentralization 🌐 is like a big shift in how we do things, and it's gaining popularity because it brings lots of benefits.

Imagine everything being controlled by a few powerful people or companies - that's called centralization. 🏢 It's like having a boss who decides everything for you.

Now, decentralization is the opposite. It's about spreading the power and control. 🌱 It's like a big network where everyone has a say and can contribute.

Here's why it's the future:

1. Trust and Security 🔐: In a decentralized system, data and transactions are spread out, making it harder for anyone to tamper with them. This makes it more secure.

2. No Single Point of Failure ⚙️: Centralized systems can break if that one central point fails. But in a decentralized system, if one part fails, others keep working.

3. Empowerment🙌: Decentralization gives more power to individuals. You have control over your data and can participate in decisions.

4. Innovation 🚀: Decentralization encourages creativity. New ideas and technologies can thrive without needing permission from a central authority.

5. Fairness⚖️: It can lead to fairer wealth distribution and decision-making, as it's not controlled by a few elites.

6. Global Reach🌍: Decentralization knows no borders. People from all over the world can participate, making it truly global.

Think of it like a big potluck dinner where everyone brings their own dish to share. 🍽️ You have choices, it's secure, and everyone gets a say. That's the future we're heading towards with decentralization! 🚀🌐

I hope this explanation made it clear why decentralization is the future and now I want you guys to share this newsletter within your group and get us some more subscribers!🥺🥺

That's the only fee you guys need to pay for getting many more cool explanations on complicated topics🤌🏻 SUBSCRIBE NOW!

This is what the JOINT #19 had to offer we went from Govinda to Decentralization and we promise to deliver an even better experience next time🤗🤗 so stay subscribed!

Also please do me a favor and share this newsletter with your web3 friends 🫂🫂(secret - this will make sure you make good money in web3 world in the coming future)❤️❤️😭😭😭

Thanks for spending your valuable 5 minutes with us, see you soon in JOINT #20!!🫂🫂