Category: DAO

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ShapeShift hopes to create ‘rarest and most historical’ NFTs with 80% trading card supply burn

According to the exchange, it plans to retain 16 cards from the blockchain-based game Spells of Genesis to sell before 2022 and give the remaining 16 to its DAO. Non-custodial cryptocurrency exchange ShapeShift has burned hundreds of themed collectable “cards” from the blockchain-based mobile game,  Spells of Genesis. The team said that the remaining cards…
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Olympus DAO chases a new ATH after fresh bond offerings and partnerships

OHM price is on the verge of a new high after a series of cross platform integrations, fresh bond offerings and the launch of Olympus Pro prove that the project has strong fundamentals. The rapidly evolving world of blockchain technology offers a wide range of approaches and tokenomic models aimed at solving the blockchain trilemma…
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Airdrops, DAOs, token issuance and public domains are the next frontier for NFTs

Innovation in the NFT space moves about as fast as the prices. Here’s a rundown of the most recent developments. Volatility continues to be the name of the game for nonfungible tokens (NFTs) amid the rollercoaster valuations and volume surges, but a new trend appears to be emerging in the sector.  Aesthetic appeal aside, for…
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Traders pile into altcoins after Bitcoin bulls take hold of $50K

LINA, SCRT and PRE each rallied by 20% and Bitcoin’s attempt to flip $50,000 to support could extend the current rally seen across the altcoin market. Bitcoin is back above $50,000 and bulls are currently attempting to secure a daily close above the oft-disputed level.  The strength of Bitcoin (BTC) has also helped to kickstart…
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DAOs can solve important dilemmas but more education is required

Can decentralized autonomous organizations change how the world is governed? Here is a detailed look. Decentralized autonomous organizations (DAO) have been a contentious issue in the blockchain and cryptocurrency world for a while now.  From their early days as seen in the case of the Slock.it the German startup that brought about The DAO, to…
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Bitcoin is great, but real crypto innovation has moved elsewhere

Bitcoin will always be the boss, but the real innovative and groundbreaking developments are happening in layer-2 solutions, DAOs, NFTs with utility and the emerging Metaverse. Something is brewing, and those with finely tuned noses can smell it. As traders have come to expect, Bitcoin (BTC) is doing “Bitcoin things” by bouncing around between the…
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Valuation of Stablecoin DAI Market Swells — DAI Market Cap Increased More Than 800% in 12 Months

Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the decentralized stablecoin DAI’s market capitalization has also swelled significantly as DAI’s market valuation jumped more than 800% during the last 12 months, increasing from $696…
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a16z shines the spotlight on DAOs by leading Syndicate’s Series A

Syndicate’s vision for decentralized autonomous organizations was one of the biggest selling points for Andreessen Horowitz. California-based venture fund Andreessen Horowitz announced Tuesday that it is leading a Series A investment round for Syndicate, a decentralized platform with the lofty vision of democratizing investing by allowing users to create decentralized autonomous organizations, or DAOs.  Ali…
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Museum of Crypto Art to launch MOCA token, plans acquisition spree

The community-governed museum is toying with new economic models amid a period of uncertainty for art institutions. According to some estimates, coronavirus-related strains may soon force upward of one in every eight physical museums to permanently close, but despite the struggles, one metaverse-native museum is raising funds to transition to a community-governed model.  The Museum…
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Mark Cuban: Crypto prices increasingly reflect “real demand”

The billionaire is bullish on DAO participation, networks with real usage, and mass adoption on the horizon. In a Twitter thread today, billionaire investor Mark Cuban weighed in on the current state and the future of blockchain technology and investment, ultimately concluding that while there are real obstacles to adoption asset prices are increasingly reflective…
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