Tag: ISPO

Cardano accelerator program Genius X ISPO nets $105 million in ADA

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Cardano-based accelerator program Genius X has seen more than $105 million worth of ADA delegated to its initial stake pool offering (ISPO). This comes after the firm’s decentralized automated market maker and liquidity management protocol Genius Yield completed its ISPO on May 10, with over 14,500 delegators staking 270 million Cardano (ADA) across four official stake pools, making it one of the biggest ISPOs within the Cardano ecosystem. Genius Yield is a Cardano-based decentralized finance (DeFi) protocol that features a decentralized exchange with an order book. It integrates a liquidity…

Join The Cardano-Powered Flicko ISPO Remastered For More Rewards

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Flicko has launched its ISPO Remastered that offers more rewards for staking. Following the success of its two IDOs, it is now moving to the next phase of the project. The ISPO Remastered is another way for investors to earn more income while supporting their media projects of choice. It will provide delegators with more rewards options than was previously offered. The first-of-its-kind media incubator announced that ISPO Remastered will empower anybody to be able to generate passive income streams. This will come from films, TV shows, digital media, the…

Genius Yield raises $118M via ISPO in first 48 hours

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On Dec. 15, Genius Yield, a decentralized automated market maker and liquidity management protocol built on the Cardano (ADA) blockchain, announced the launch of its initial stake pool offering, or ISPO. The fundraising will continue for six months until June 15, 2022. At the time of publication, more than 95.8 million ADA, worth approximately $118 million at the time of writing, have been delegated to the stake pools.  In an ISPO, blockchain enthusiasts stake their cryptos in a protocol and receive tokens of the new project they fund as rewards.…

What Is Flickto ISPO And Why You Should Stake Your ADA To FLICK

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Flickto is the decentralized launchpad that is bringing media financing to the Cardano blockchain. This first-of-its-kind project is giving users the ability to fund media projects while making massive returns in the process. Less than two months in, Flickto has recorded tremendous success with over 4.5 million ADA already staked in its ISPO across over 530 delegators. The project brings the average person closer to the financing process of media projects and puts the power in their hands for which projects get funded. So instead of a few people calling…

Wall Street veteran launches $1.5B crypto fund, MELD ISPO shines spotlight on Cardano, Dec. 2

Crypto converted another Wall Street veteran this week after former Citi executive Matt Zhang launched a $1.5 billion digital asset fund. A new funding mechanism allowing users to access early-stage crypto startups shined the spotlight on Cardano’s massive community. One of Latin America’s biggest crypto exchanges raised $50 million in private funding to expand its operations. 1inch Network raised another $175 million from leading crypto venture capitalists to expand DeFi liquidity.  These were just some of the week’s biggest business headlines from the world of crypto. Every Thursday, Cointelegraph’s Crypto…

MELD’s $1B ISPO highlights emerging use cases for Cardano, crypto fundraising

DeFi banking protocol MELD recently made headlines for attracting more than $1 billion worth of staked Cardano (ADA) to its protocol through a novel funding mechanism called an initial stake pool offering, or ISPO, marking an important innovation in how early adopters support blockchain startups. Cointelegraph had the opportunity to connect with MELD CEO Ken Olling to discuss the significance of the ISPO as well as Cardano’s role in facilitating widescale participation in the stake pools.  ISPO: An overview The ISPO is a novel way for investors and other early…