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The founder of Bored Ape Yacht Club (BAYC) has weighed in on the ongoing non-fungible token (NFT) creator royalties debate and shared a potential path forward that they believe best deals with the issue.A Nov. 8 blog post from BAYC co-founder Wylie Aronow — co-signed by co-founders Greg Solano and
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Called Frax Ether, the liquid staking system, went live on Oct. 13 in a soft community launch with an official announcement expected soon. The system has three components – frax ether (frxETH), staked frax Ether (sfrxETH), and the Frax ETH Minter. Staking refers to locking up coins in a crypto
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Solana’s top NFT marketplace is the latest platform to switch to a no-fee model, following in the controversial trend set by X2Y2 and others. Source
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A Kenyan bitcoin mining company, Gridless, recently revealed how it is helping local communities reduce electricity costs by using excess generated power to mine bitcoin. The Gridless model has been hailed because it potentially helps to decentralize bitcoin mining as well as move some hashpower to Africa. Using Wasted Energy to
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Kieran Warwick, co-founder of the blockchain role-playing game Illuvium has lifted the curtain on a gaming concept he says has never been done before — the interoperable blockchain game (IBG). Speaking to Cryptox during Token2049 in Singapore, Warwick said Illuvium has three games currently being built which will be underpinned by
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Alexander Lebedev's crypto startup InDeFi plans to issue a ruble stablecoin based on the model used by MakerDAO's DAI. Original Source
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Geopolitical issues and rising U.S. interest rates are boosting the dollar and threatening emerging-market currencies. Now, a new model is needed. Original Source
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Changpeng “CZ” Zhao, CEO of Binance, criticized the creation of a novel “free-to-own” business model in the GameFi space on Tuesday, writing:“If everything will be free in the world, why do we have to work so hard...”The Binance CEO then explained that nothing is absolutely free, pointing to how the
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A dual-token economy fixes this. In such a scenario, one token fulfills governance duties, while another is reserved solely to pay gas. In such a system, holders of the primary token can be considered the “owners” of the network, as they are entitled to influence the project’s direction via voting.
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Ether, the second-largest crypto by market cap, fared even better, recently climbing more than 19% over the previous day to trade at roughly $1,600. Markets continue to look hopefully at the Ethereum blockchain's Merge transition from a more energy-intensive proof-of-work to a more environmentally friendly proof-of-stake protocol. Other major altcoins
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