Tag: Token

Gensokishi Online Announces Listing Metaverse(MV) Token on Gate․io and Campaign – Press release Bitcoin News

boss

press release PRESS RELEASE. MV/USDT pair will be listed on Gate.io, a leading Cryptocurrency exchange, on March 23, 2022 at 11:00AM (UTC).. The Gensokishi Online Project is a GameFi and metaverse incarnation of the award winning Nintendo Switch/PS4 game “Elemental Knights’. It has set numerous records since releasing its website and various social networking sites on December 2, 2021. The community has grown to over 230k members since its release. Gensokish Online Project’s token MV(Metaverse) is also ranked second in most held tokens out of all 1,000+ tokens built on…

Klaytn token down 15% in a month, but network’s TVL shows resilience

boss

Klaytn (KLAY) had a promising start in March 2021, reaching an impressive $11 billion market capitalization following its debut. However, investors have exaggerated their expectations as the token’s current total value stands at $3 billion, down roughly 70%. KLAY/USD on Binance. Source: TradingView Although not as well known as the leading smart contract blockchains, Klaytn remains a top-35 token by capitalization rank. Moreover, the network holds $1.2 billion worth of deposits locked on smart contracts. Capital locked on smart contracts is known in the industry as total value locked, or…

Token Linked to Bored Ape Yacht Club Launches

An accompanying press release took great pains to distance ApeDAO’s token launch from the Bored Ape Yacht Club, presumably for legal reasons. Club-style NFTs with perks for long-term members can start to resemble investment contracts, which, in the U.S., are overseen by the Securities and Exchange Commission (SEC); NFTs, at least so far, are not. Source

MakerDAO community proposal to replace MKR governance token

boss

The community behind decentralized stablecoin platform MakerDAO is mulling over a major tokenomics shift that could replace its governance token, MKR. A proposal was made on the MakerDAO forum by community leader “monet-supply” on March 14, outlining an alternative token economic mechanism. If the proposal passes a full governance vote, the protocol could replace its current governance token, MKR, with a new token called stkMKR. There were many responses to the proposal within just a few hours of it being posted, most of which were positive and regarding the technicalities…

Maker Could Replace Governance Token, Enhanced Incentives?

boss

According to a post on the MakerDAO Forum, the financial service protocol could replace its governance token MKR with a new token called stkMKR. The proposal was introduced to address the criticism around MKR’s tokenomics. Related Reading | Will Ethereum Give In To Bears? New MKR tokenomics could supplement and improve on previous benefits and incentives. The proposal emphasized that stkMKR will preserve MKR’s current burn mechanism and will allow users to claim their reinvest dividends and other payouts without spending funds on gas while keeping its tax efficiency. On…

Solana Payroll Protocol Zebec Raises $28M in Token Sales

“A public sale is not a capital-generating event,” Zebec founder Sam Thapaliya told CoinDesk in an interview, explaining the equal pricing. “Public sales should not be a way for private investors to have these unrealized gains. Rather, it should be more of a community-generating event. Crypto is all about being able to give access to the public, the same access that private investors are able to get.” Source

Bright Future for the Real Estate Industry as Bixos Launches UBXS Token

boss

Elations flying high in the cryptocurrency space as Bixos, a company renowned for the development of advanced blockchain technologies launches the long-anticipated Utility Bixos Token (UBXS) that aims to create awareness for Bixos projects. Bixos created the UBXS token on the BSC network as an asset that will be used in blockchain Defi and also utilized to exchange for NFTs needed to propel the unanimous operations of the virtual and real estate industry. Just as the physical universe is a collection of connected worlds in space, the metaverse is a…