Category: DAO

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Luna Jumps as Terra Asks USD 38M From Community to Fund an Undisclosed Sports Partnership

  Terra co-founder Do Kwon has requested TerraUSD (UST) 40m from the community, a decentralized stablecoin running on Ethereum (ETH), in order to fund a Terra Brand partnership with an undisclosed sports franchise describes as “one of the four major American professional sports leagues” – seeing Terra’s native coin LUNA jump today…. Read More: Luna Jumps…
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Shiba DAO, Strategic Blockchain Gaming, Bank Loses to Bitcoin Miner + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Shiba DAO, Strategic Blockchain Gaming, Bank Loses to Bitcoin Miner + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Shiba Inu Project Reveals ‘Doggy DAO,’ Devs Say Phase 1 to Provide ‘Immediate Power to the SHIB Army’

During the last half of 2021, decentralized autonomous organizations (DAO) have been popping out of the woodwork in mass numbers, airdropping tokens and creating governance systems for specific projects. Just before the end of the year on December 31, the developers behind the Shiba Inu crypto protocol have announced the launch of a “Doggy DAO”…
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Israel’s Pro Crypto Move, Shanghai’s Metaverse, Bitcoin-Backed USD 100M Credit Facility + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Israel’s Pro Crypto Move, Shanghai’s Metaverse, Bitcoin-Backed USD 100M Credit Facility + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

DAO treasuries surged 40X in 2021: DeepDAO

DeepDAO ranks the Uniswap DAO, BitDAO and Lido Finance DAO as the top three in terms of treasury value at $2.9 billion, $2.4 billion and $602 million each. The total combined value of treasuries, or assets under management (AUM) for the use of decentralized autonomous organizations, increased by around 40 times between January and September…
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Frax Share, Swipe and Gnosis lead the altcoin market as Bitcoin recovers to $47.5k

Data from Cointelegraph Markets Pro shows FXS, SXP and GNO posting double-digit gains as BTC bulls look to recover support at $47,500. Volatility is once again the major theme across the cryptocurrency market on Dec. 30 as the price of Bitcoin (BTC) bounced back from an early morning dip below $46,000 with bulls now battling…
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Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees

A new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled decentralized autonomous organizations (DAOs) have been distributing lots of value to existing crypto users. Just recently, Opendao gave Opensea users an airdrop and many people accrued thousands of dollars in SOS tokens. Now, another project called Gas…
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DeFi sector tokens offer shelter as Bitcoin falls below $48.5K

FARM, QUICK and ANT offer crypto traders shelter from the storm as the wider market takes a hit with Bitcoin struggling below $48,500. The cryptocurrency market slid lower on Dec. 28 as the price of Bitcoin (BTC) lost nearly $4,000 in value in a matter of hours with bulls now looking to secure support at…
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DAO Forms to ‘Liberate Blockbuster’ and Build Decentralized Streaming Service

  A new decentralized autonomous organization (DAO) dubbed BlockbusterDAO has been formed to raise USD 5m and acquire the defunct movie rental business Blockbuster. “Our mission is to liberate Blockbuster and form a DAO to collectively govern the brand as we turn Blockbuster into the first-ever DeFilm streaming platform and a mainstay of both the…
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OpenDAO’s SOS Token Falls Over 20% After Its Initial Near-500% Leap

  Decentralized autonomous organization (DAO) OpenDAO launched on Christmas Eve with an airdrop targeting users of the major non-fungible token (NFT) marketplace OpenSea – and a massive rise of the DAO’s token was followed by a correction.   … Read More: OpenDAO’s SOS Token Falls Over 20% After Its Initial Near-500% Leap  Read more »Pay, Trade,…
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