Economics is the study of human behavior involving scarce resources — and the effects those behaviors have on those resources, explains Roderick McKinley. Tokenomics in crypto is a related but different field. Tokens are a way for projects to raise funds and build communities, and designing the way they work can be much more complex than traditional equity raises — and potentially much more problematic. “In tokenomics, the token or digital asset is the scarce resource. But we can now design features for these programmable digital assets, influencing how people…
Day: July 28, 2022
Health and Fitness App Sweat Economy Raises $13M in Private Token Sale to Move to Web3
The company is teaming with NEAR Protocol to support the move. Source
Ethereum: Prestes a Engolir o Mercado Cripto – Entenda
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🔗 Comunidade i4.20 – Faça parte antes que acabem as vagas : Ethereum Merge está para acontecer, a famosa atualização da Ethereum 2.0. Isso deixa muitos investidores com dúvidas se vale a pena investir na ethereum, a questão é que você precisa saber como investir em criptomoedas, fazer sua análise e assim tirar conclusões. Nesse vídeo te apresento o que é Ethereum Merge , como funciona ,e qual o benefício para rede trazendo uma previsão de preço da Ethereum . ✨Corretora que…
UK Law Commission Publishes Proposals to Reform Laws Relating to Digital Assets — Says Reforms Must Not ‘Stifle Development’ – Regulation Bitcoin News
According to the Law Commission, the United Kingdom statutory body, digital assets play an increasingly important role in modern society and as such, the law relating to these must be reviewed. Reforming the laws will not only protect the rights of users and maximize the potential of digital assets but can potentially position England and Wales “as a global hub for digital assets.” Several Key Areas Still Need to Be Reformed A British statutory body, the Law Commission has released a consultation paper wherein it proposes to reform the law…
Condense to live stream IRL events into the metaverse
The Metaverse infrastructure company closed a seed funding round to continue the development of 3D live streaming technology. Condense raised $4.5 million in a round led by LocalGlobe, 7percent Ventures and Deeptech Labs. The technology employed by Condense live streams 3D videos into the Metaverse via games and existing platforms. The firm states that such technology has the potential to create an entirely new world of content creation and entertainment engagement with real-time connections. Additionally, Condense had participation from angel investors and music industry insiders such as English footballer and…
Decentralized storage providers power the Web3 economy, but adoption still underway
The promise of owning and managing one’s own data is revolutionary, creating increasing interest in Web3 platforms and applications. For instance, recent findings show that the Web3 market was estimated to be worth around $2.9 billion last year, yet this number is expected to reach $23.3 billion by 2028. Web3 is also capturing the interest of venture capitalists, as Cointelegraph Research found this sector to be the most sought-after investment deal in 2022. The rise of Web3 has also resulted in the need for decentralized storage solutions, which will ultimately…
Foundry Starts New Service to Reduce Supply-Chain Lag for Bitcoin Miners
“Through worldwide offices and a network of dedicated on-the-ground contacts for every order, Foundry Logistics ensures cost-effective and streamlined deliveries, providing clients with customs clearance, insurance guidance, ocean shipment solutions, national warehouse solutions and other domestic surface logistics,” the statement added. Original
Decentralized Data Platform Space and Time Raises $10M
Space and Time, which started as part of Chainlink Labs’ incubator program, uses Chainlink and other sources to pull data from blockchains, decentralized applications and off-chain systems. It’s database processes the data off-chain, avoiding high transaction or gas fees and slow throughput, and then transmits the data to a validation layer to be verified. The validated data is sent back on-chain to smart contracts, which is where the blockchain application that requested the data can see the results. Source
Advisors, Don’t Let Crypto Optimism Override Practical Thinking
“People really have to think through this asset class,” said CK Zheng, co-founder at ZX Squared, a crypto hedge fund. “If they, like me, believe this asset class is long-term investible, they need a long-term plan. They can’t day trade or just look at the next six months or the next three months.” Source
GDP Falls Further in Q2, Fueling Talk of a Recession
“The Fed can’t say, we’re trying to push the economy into a recession, but in my opinion they are, because that’s the only thing that’s going to slow down prices,” Bob Iaccino, chief strategist at Path Trading Partners and co-portfolio manager at Stock Think Tank, said. Source