According to Framework Ventures, Most DePIN projects, including Helium, have historically taken a retail-focused approach to initial distribution of the network and hardware. Helium is arguably one of the largest and first DePIN projects, with a market capitalization of almost $1 billion. Source
Tag: Platform
Kelexo P2P lending platform promises unprecedented returns for Polygon, Cosmos, holders
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Kelexo (KLXO), is a recent market phenomenon that is attracting the attention of Polygon (MATIC) and Cosmos (ATOM) holders. We explore the market conditions of Polygon and Cosmos in this article, focusing on the current news and activities that might impact their price trajectory. We analyze its offerings and what its ongoing presale offers to these investors. Analysts project $1 for Polygon Polygon is one of the dominant layer-2…
DeFi Platform Zeta Markets Announces Governance Token Z
“Zeta’s vision from day one has been to make decentralized finance a viable alternative to centralized, black-box financial systems. With a platform that has already stood the test of time and facilitated billions in volume for tens of thousands of traders, we’re excited to launch Z, the governance token of Zeta, to closely align the long-term interests of users with the protocol,” Tristan Frizza, Founder of Zeta Markets said. Source
Filecoin Liquid Staking Platform STFIL Claims Team Members Under Investigation by Chinese Police
Tokens on the platform were moved to an “unknown, external address” last week while its team members were under detention. Source
BCB Group Moves Custody of Digital Asset Operations to Metaco’s Platform
“We continue to empower new global financial ecosystems, by connecting the global crypto industry,” Oliver Tonkin, BCB’s co-founder and CEO, said in the release. “Our collaboration with Ripple, Metaco and IBM Cloud is a paramount step in that direction, as it enables BCB Group to continue delivering superior top tier services to the digital asset ecosystem, in a seamless, secure and affordable way.” Source
Crypto VC Firm Polychain Tops Up AI Platform Ritual’s $25M Funding Round With ‘Multimillion Dollar’ Investment
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
DeFi Platform Ethena Will Short Bitcoin (BTC) and Ether (ETH) to Issue Synthetic Dollars USDe
On Ethena, users can deposit stablecoins such as tether (USDT), frax (FRAX), dai (DAI), Curve USD (crvUSD) and mkUSD to receive Ethena’s USDe, which can then be staked. Unstaking takes seven days. The staked USDe tokens can be supplied to other DeFi platforms to earn additional yield. Original
Digital Assets Platform, With Former Goldman Partner as Co-Founder, Aims to Disrupt Structured Product Market
“The firm designs both off-the-shelf and customized investment solutions to ensure it can accommodate a broad range of market views expressed by its clients,” the company said in a press release. “Moreover, ARP Digital aims at being inclusive to a wide range of clients by enabling multiple delivery and settlement options such as cash or kind settled OTC products, bankable structured notes, and fund products.” Source
Marketplace Platform Unveiled, Price Spike Looming?
In a new development, VeChain (VET) has announced the introduction of its latest No-Code Tokenized Asset Marketplace-as-a-Service platform (MaaS), fueling optimism within the community of an impendent price uptick. The announcement also featured the collaboration of the MotoGP racing team Gresini Racing as its first enterprise client. By collaborating with Gresini Racing, an enormous fan base will be offered digital collectibles through the MaaS platform. VeChain To Onboard A Rapid Tokenizing World With the launch of its No-Code Tokenized Asset Marketplace (MaaS) platform, VeChain has made tremendous progress toward increasing…
Ethereum and Litecoin holders eye Kelexo P2P lending platform
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Kelexo garners attention for its innovative P2P lending platform, drawing interest from Ethereum and Litecoin holders. Kelexo (KLXO) is a blockchain project that brings to life the concept of a decentralized P2P lending platform where loan lenders and borrowers are free to interact with each other away from the influence of a third party. Now in the second stage of its presale, Kelexo has revealed details of its P2P…