DAOs, which are organized around a core mission and shared treasury, often issue tokens for governance and utility purposes, and also use the tokens to incentivize user deposits, a process called liquidity mining. Critics have said that liquidity mining offers imperfect incentivization and attracts temporary “farmers” who soak up the rewards and leave when the well runs dry. Source
Day: February 8, 2022
Alchemy joins Web3 decacorns club following $200M funding
Web3 development platform Alchemy announced a fresh round of $200 million funding, bringing up the company’s valuation to $10.2 billion, just above the decacorn threshold. The latest funding round was led by venture capital firm Lightspeed along with Silver Lake, an American global private equity firm. Alchemy’s funding also saw participation from previous major investors as well. As Cointelegraph previously reported in Oct0ber 2021, Alchemy attained a $3.5 billion valuation following a $250 million Series C fundraising round led by Andreessen Horowitz. Since October, Alchemy reported a three-fold growth in…
Owning Just 1 Ethereum Will Be Life Changing by 2030 (INSANE PREDICTION)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Is ethereum a good investment? What will one ETH be worth in 2030? Today we talk cryptocurrency with Tommy WorldPower, founder of Energi! SLAP THE LIKE BUTTON! 👋 Check out Energi: This video is for informational purposes only. DYOR. Watch FULL Interview: Follow Energi on Twitter: Follow Tommy on Twitter: Altcoin Daily, the best cryptocurrency news media online! Is ethereum a good investment 2021? What will ethereum be worth in 2030? This is a clip taken from a sponsored interview. In exchange…
Ireland's Central Bank 'Highly Unlikely' to Allow Retail Investors to Hold Crypto
Crypto assets are suitable for professional investors at the moment, the bank said. Source
XRP Climbs 22% Amid Developments in Ripple v. SEC Case
The payments token regained a market capitalization of $40 billion on Tuesday, moving above Cardano and Solana. Source
COINBASE ÖĞREN KAZAN NEDEN ÇIKMIYOR
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io COINBASE ÖĞREN KAZAN NEDEN ÇIKMIYOR #coinbase coinbase öğren kazan coinbase ders izleme coinbase test ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
AssangeDAO Raises $38M to Aid WikiLeaks Founder's Court Battle
The DAO, which is looking to help the whistleblower, has now raised more ether than ConstitutionDAO. Source
US national figure skating body adopts Bitcoin donations
The United States national governing body for the sport of figure skating, the U.S. Figure Skating, is the latest organization in the country to enable donations in cryptocurrencies like Bitcoin (BTC). The association has partnered with the enterprise-level donation platform Engiven in order to start accepting donations and gifts in cryptocurrency, the U.S. Figure Skating announced on Tuesday. The organization initially revealed its plans to enable cryptocurrency donations in September 2021. The new donation payment option is immediately available on the U.S. Figure Skating’s website via Engiven’s platform, featuring donations…
P2E Company Set to Release Trailer of its NEXUS Metaverse After Bringing in $20M in Funding
Singapore-based Play-to-Earn Metaverse company Affyn is all set to release the trailer video of its NEXUS Metaverse this month. Recently, the company raised $20 million in multiple funding rounds, which comes after its public listing not long ago. Late last month, Affyn also conducted a successful presale round of $10.4 million. The company’s Private and Strategic rounds were oversubscribed as well. This fresh capital will be used to expand its team, for which Affyn is hiring across engineering and game development departments to advance the project development. Affyn is developing…
Shiba Inu’s SHIB Extends Surge, Bitcoin Breaks a Key Resistance Level
Tokens of the memecoin extended Monday’s surge even as major cryptocurrencies showed small gains and losses. Source