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“# Airdrops, DAOs, token issuance and public domains are the next frontier for NFTs ” 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 many investors, buying an NFT…
“# Massive airdrop and AXS staking catapult Axie Infinity to a new all-time high ” Airdrops have become the cryptocurrency ecosystem’s equivalent of stimulus checks over the past couple of years and further proof of this can be evidenced from popular protocols like Uniswap and dYdX which rewarded their early adopters with token drops that…
“# Rari, Telos and Polymath rally as Bitcoin price hits $44K ” Crypto traders breathed a sigh of relief on Sept. 30 after media headlines reflected positive news regarding adoption and future regulation in the crypto sector. Early in the day, Visa announced that it has developed a layer-2-based blockchain interoperability hub that will support cryptocurrency…
“# dYdX exchange releases governance token, making its airdrop worth up to $100K ” Airdrops have been a fan-favorite in the cryptocurrency ecosystem for years because they offer projects a way to reward early adopters and increase token distribution. The latest project to surprise its community of supporters with retroactive rewards for its newly minted…
“# Nifty News: John Cena collectibles, rum tokens, SuperRare 2.0, and more… ” World Wrestling Entertainment (WWE) announced on Aug. 16 that it will be dropping nonfungible tokens (NFTs) depicting WWE Hall of Famer John Cena. Last week the beloved wrestling organization dropped its first NFT collection featuring The Undertaker, with the highest-selling NFT going…
“# El Salvador to airdrop $30 in Bitcoin to every adult citizen ” The president of El Salvador has announced the government will airdrop $30 worth of Bitcon (BTC) to every adult citizen of the country. The announcement was welcomed by Bitcoiners, with influencers speculating El Salvador’s government wil need to purchase the required BTC…
“# Solana (SOL) hits new highs as DApps, DeFi and stablecoins join the network ” The arrival of institutional investors and the rise of decentralized finance (DeFi) has been an incredible boon for the entire cryptocurrency sector but it has also highlighted a number of persistent limitations that many blockchain networks encounter when faced with…
“# Rising DeFi TVL and Binance staking back 88% rally in IOST price ” While the past year has been marked by the rise of decentralized finance, centralized entities like Coinbase and Binance continue to be some of the most important players in the industry as a whole as they are essential in attracting attention…
“# Solana (SOL) price rises as airdrops attract new users to the network ” Over the past six months blockchain projects that have issued token airdrops have re-emerged. Most notably, the airdrops by Uniswap (UNI) and MEME will be remembered as recipients were rewarded with gains ranging from $20,000 to $600,000 simply for holding the tokens….
“# Developer-focused DeFi aggregator Instadapp launches governance token ” In a blog post yesterday, decentralized finance (DeFi) management and protocol aggregator platform Instadapp announced the launch of their governance token, INST. While not currently transferable by the average user, the token is set to go fully live later in the year to coincide with a…