“If SAFE does well, GNO holders do well,” Matt Hepler, vice president of portfolio management at Arca, a crypto asset management firm, wrote to CoinDesk in an email. “It also allows Gnosis to increase focus on their digital-asset infrastructure business. It’s a win-win.” He said Arca doesn’t hold the GNO tokens. Source
A number of blockchain protocols hire auditors to look for weaknesses, but token re-issuances are infrequent. Hainsworth said that as “an enterprise and institutional-focused blockchain,” the company has made security issues a priority and conducts regular audits of new releases. Chia engaged Trail of Bits, a respected security audit firm, in December, a month before launching the CAT. Source
Over the past few years, crowdfunding has gained more popularity after the emergence of cryptocurrencies. Many people are showing more interest in participating in crowdfunding campaigns. A factor that plays a vital role in attracting most investors to crypto crowdfunding is the inclusion of blockchain technology. There are numerous types of crypto crowdfunding prevailing in the crypto ecosystem. They are ICO, STO, IEO, etc. Among these methods, the security token offering is more popular based on the security features it offers. In this blog, we shall discuss all the complete…
A dual-token economy fixes this. In such a scenario, one token fulfills governance duties, while another is reserved solely to pay gas. In such a system, holders of the primary token can be considered the “owners” of the network, as they are entitled to influence the project’s direction via voting. The gas token, meanwhile, is completely decoupled from the main asset. Thus the “stake reduction through use” problem is solved. Source
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“To ensure that Minecraft players have a safe and inclusive experience, blockchain technologies are not permitted to be integrated inside our client and server applications, nor may Minecraft in-game content such as worlds, skins, persona items, or other mods, be utilized by blockchain technology to create a scarce digital asset,” Minecraft studio Mojang said in a statement. Source
The Ethereum-centric and decentralized protocols software firm Consensys has announced the launch of TURN token, or “Time-Unit Representative NFTs.” Consensys details that TURN tokens will create a new market for tokenized security auditing via Consensys Diligence, the firm’s smart contract audit service. Consensys Diligence to Launch TURN Tokens in Mid-August From August 15th to the 19th, Consensys disclosed a token sale will take place that will feature the company’s TURN token, which stands for “Time-Unit Representative NFTs.” The company’s smart contract audit service Consensys Diligence essentially will be tokenized and…
Among oddities, said Cradle, was an onboarding session with a customer at which the Celsius chief financial officer said the company did not engage in trading. “That just didn’t make any sense to me,” said Cradle, noting Celsius had a trading desk and a head of trading. Source
Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital Token for Palladium The Russian unit of Atomyze, a platform that specializes in the tokenization of commodities, and Rosbank, are starting transactions with digital financial assets (DFAs) based on precious metals. The first one is the issuance of a token for palladium,…
Audius, a platform serving seven million listeners and 250,000 artists, caters to artists who want to share their most exclusive content for their biggest fans on the blockchain. Now, it’s taking the platform it has grown since 2018 in the direction of creator monetization to support artists in new ways, Audius co-founder and CEO Roneil Rumburg told CoinDesk. Source