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Aragon Association, the stewards of a protocol that makes for the easy creation of decentralized autonomous organizations (DAOs), has announced its acquisition of voting project Vocdoni from Estonia-based Dvote Labs Oü. The purchase was completed in December for an undisclosed price.Vocdoni team members received an undisclosed amount of ANT, the
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Decentralized exchange (DEX) aggregator 1inch has issued its own governance token. Users of 1inch and the Mooniswap DEX, founded by the same execs, will get rewarded with a Christmas gift of sorts and have a say on matters like fees, referral rewards and other governance issues.The token, named 1INCH and running
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The team behind the DeFi platform 1inch is releasing a governance and utility token, according to a Dec. 25 announcement. The 1INCH token will be used for both the platform’s automated market maker protocol and its decentralized exchange aggregator service.The “Aggregation Protocol” governance module will allow stakers to vote on
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Miami Mayor Francis Suarez may try to turn his city into a hotbed for cryptocurrency innovation.Suarez tweeted Thursday that he is “absolutely exploring” making Miami, the seventh-largest city in the U.S., home to the country’s first crypto-centric municipal government, seemingly endorsing concepts from tokenization to on-chain voting. He tagged new
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The traditional finance world is facing its stiffest challenge yet with cryptocurrencies. Bitcoin is beating gold and stocks
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by Blaise Cavalli,Decentralized finance (DeFi), a new investment mechanism exploded into the financial sector and certainly has been the trend to watch in the digital assets industry.With billions of dollars in value circulating on public blockchains, has only been a matter of time for digital assets to enter the field
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Curve Finance, a decentralized exchange, will distribute nearly $3 million in accrued fees to the platform’s governance token holders, following a community vote.On Friday, a week-long voting period seeking to determine how “admin fees” were to be allocated closed in favor of token holders. Now, in three days, some $2,631,601.92
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Gnosis, one of Ethereum’s earliest ICOs, is spinning up a DAO that uses a novel mode of governance you’ve probably never heard of.The newly launched GnosisDAO will allow Gnosis users to vote on platform governance and development.Gnosis CEO Martin Köppelmann told CryptoX the DAO’s voting proposals “can be really wide-reaching:
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The launch of OPEN tokens on November 26 may be in time for investors. Moreover, there are specific fundamentals that may support prices. In less than a week, OPEN, the governance tokens of the OpenDAO protocol, will launch as per an update on Nov 12. The release will allow users to
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The CryptoKitties-meets-Pokemon blockchain game Axie Infinity has raised $860,000 in a strategic sale of its AXS governance token.The funding round, led by Delphi Digital, is meant to help further gamify yield farming. Like CryptoKitties, Axies are non-fungible tokens (NFTs) represented as cryptographically unique cartoon characters that can’t be replicated. And like
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