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Though it is beginning to recede in memory, the bear market of 2022 dealt a major blow to public confidence in blockchain technology’s potential for practical use and mass adoption. The collapse of blockchain platform, Terra, and the dissolution of crypto hedge fund, Three Arrows Capital and global exchange, FTX,
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Sweat users can vote on whether to recover the tokens and transfer them to the protocol's treasury for a potential future distribution. The vote will also decide what the Sweat Foundation will do with them in the future, including "burning a percentage, funding operational costs, or supporting future product launches,"
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The new governance requires at least 75,000 votes for the proposal to be either accepted or rejected. Sweat Economy, the label behind the Sweatcoin and Sweat Wallet apps, plans to roll out a new governance vote later today in the wallet app. By doing this, the Sweat community will be saddled
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Further, of the 168 Consensus attendees who answered an electronic survey, participants were split on who will actually own the metaverse: 40% voted that megacorporations like Meta will take charge, while another 40% voted that everyone or no one will lay claim to a unified digital world. Only 19% of
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Sweat Economy is launching the “Minting Pause” feature to motivate users to be more physically active and engaged with the project by pausing token minting for idle users. Sweat Economy, the company behind the popular health and fitness app Sweatcoin, has announced the launch of its revolutionary feature called “Minting Pause”.
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Laos has set up a committee to oversee legal compliance and draft appropriate legislation to prepare for the digital economy. A conference organized by the Laotian government on May 26, 2023, brought together national blockchain and Web3 experts. The meeting’s goal was to discuss the implementation of blockchain 4.0 in
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied To facilitate efficient trading within bitcoin’s (BTC) evolving on-chain economy, crypto startup Stably has introduced Stably USD, a new dollar-backed stablecoin. In a significant development for bitcoin‘s rapidly developing on-chain economy, a new dollar-backed stablecoin named Stably
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Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at $497.75 million, comprising a total of 24,677 distinct tokens.
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A recent report from The Influencer’s Club suggests that the creator economy was worth over $100 billion in 2022 and continues growing. Recent trends appear to back this up, with YouTube expanding to Shorts, TikTok’s launch of Pulse and Facebook pushing content with Reels. The creator economy is expanding in
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