Category: ICO

DePIN Doesn’t Need New Infrastructure

Decentralized Physical Infrastructure Networks, or DePINs, are blockchain-based data management systems that are alternatives to the existing architecture. Despite their differences, they still provide comparable results for essential services like computing power and real-world information. This is possible because DePIN networks use incentivization, in the form of cryptocurrency compensation, to enable crowd-sourced infrastructure that is as, or more effective, than their legacy counterparts. Source

U.S. House Fails to Override Biden’s SEC Veto of Bill That Would End Controversial SEC Guidance

The debate over this policy nearly became moot this week, according to Rep. Maxine Waters (D-Calif.), who said the SEC has been negotiating with banking industry representatives about “targeted modifications” to the policy and “may be close to reaching an agreement.” But she noted that “Republicans are pushing ahead anyway with this blunt and overly broad approach” that she said would undermine the regulator. “There is bipartisan agreement in both chambers of Congress that SAB 121 is nothing more than a punitive, anti-digital asset tool deployed by the SEC,” countered…

Essential Strategies for Investment Advisors

Until regulatory clarity is achieved, advisors should document consideration of the uncertainty, market volatility and investment basics in minuted investment committee meetings. Drawing from traditional finance experiences with illiquid assets during the 2008 credit crisis, advisors can demonstrate their fiduciary duty even in the face of uncertainty. In 2008, it was unclear how to meet fiduciary obligations for valuation; however, many met these with: Source

MOTHER Token Price Jumps as Much as 50% as DWF Labs Announces Unspecified Partnership With Iggy Azalea

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From Coin-Operated Machines to Token-Operated Gaming

Moreover, games aren’t properly gated, and Web2 platforms face immobility of reputation, where skills and achievements cannot be transferred across different platforms, games, or communities. This, combined with the automation of bots, makes it difficult to manage growing gaming communities sustainably because it’s hard to know who to trust. Source