VC calls Ethereum killers ‘toothless’ based on token allocation to insiders

Mythos Capital founder Ryan Sean Adams called Ethereum killers “toothless” based on initial token allocation schemes that often prioritize insiders: Source: Twitter. Adams was referring to a recent Messari report, which summarized the token distribution for some of the most popular Ethereum (ETH) alternatives launched in the last couple of years. There are four main distribution categories: public presale, community allocations, insiders, and each project’s respective foundations. Source: Messari. The report’s authors suggest that the proportion of tokens allocated to insiders (which includes team, company and VCs) is crucial when…

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Yearnify Finance (YFY) Next Generation Decentralized Finance Project, Token Pre-sale is Now Live

PRESS RELEASE. Yearnify Finance is a community-centered DeFi-project, modeled to take the successful features of Yearn Finance (YFI), and improve upon them, we aim to bring the true value of yield farming finance accessible to all users, we offer the most secure and simple way to earn reliable yields on your assets. Yearnify Finance is a powerful DeFi Platform focusing on staking, farming, borrowing and mortgage. Our platform is powerful enough from a scalability, interoperability, developability and governance perspective to help make the vision of Web3 a reality that aims…

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Yearn Finance Founder Blames Social Actors for Role in the EMN Token Hack

Yearn Finance founder Andre Cronje suggests he did not mishandle the Eminence (EMN) project’s economic exploit, which he insists functions well. He accuses certain social actors of creating a story around EMN that caused rational actors to jump onto the token. Cronje’s comments follow reports that a group of defi community members planning to sue the smart contract builder whom they say is culpable in the $15 million EMN token hack. Cronje Says He Is Not Infallible In a post on Medium, Cronje who has vowed not to use his…

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NIX Bridge Token, the Gateway to Private DeFi – Presale Now Live

It has become impossible to imagine the cryptocurrency market without DeFi. The exponential growth this field is experiencing has also sparked interest among those concerned about the state of privacy. NIX Platform recently announced a unique advancement within the privacy field by developing the NIX Bridge solution for tokenized chains and DeFi applications in cooperation with Blockchain Foundry. The NIX Bridge will set the foundation for true zero knowledge proof interoperability within and across entire blockchains and assets, and will greatly enhance the presence and exposure of NIX Platform to…

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Bitcoin.com Exchange Announces Public Sale of the Atari Token on October 29, 2020

Price per Atari Token: $0.25 IEO platform has been enabled for prospective purchasers to pass KYC before public sale NEW YORK/ PARIS – October 16, 2020 – Bitcoin.com Exchange, one of the leading authorities in cryptocurrency exchanges announces the details of the upcoming public sale of the Atari Token (ATRI). Atari is evolving and envisioning a new mission to conquer the crypto space by creating a token to power the videogame industry, enabling access to as many platforms and users as possible via atarichain.com, the Atari wallet and more generally…

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NFT Craftiness: Mint a Non-Fungible Token Art Collectible in Less Than 15 Minutes

In the last few months the non-fungible token (NFT) art space has exploded and data shows that there’s been over 4.9 million sales worth well over $128 million to-date. This week I decided to create an Ethereum-based NFT leveraging the application rarible.com, in order to show our readers how to issue an NFT collectible or a series of rare pieces. Non-fungible tokens (NFT) are very popular right now and one particular NFT called “Block 21” shattered records at a public auction at Christie’s New York. The NFT sold for a…

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With Round 1 Fully Sold Out, ClinTex Launches Round 2 of the CTi Token Sale

2nd October 2020, London, United Kingdom: The lack of coordination, and major issues with bureaucracy are taking a heavy toll on the medical trials industry. Costing anywhere from $600,000 to upto $8 million USD per day, every single day a medicine is delayed not only leads to huge financial losses, but also affects millions of people as they are deprived of crucial, life saving drugs. And ClinTex’s solution comes at the perfect time – With the disruption of the $350bn/year medical trials market firmly in their sights via a novel…

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Reddit’s MOON token has a $2.64 septillion market cap

In defiance of Reddit’s apparent wishes, crypto traders have devised a way to exchange the social platform’s ‘community points’  tokens for fiat — and it’s resulted in a pretty surprising market cap.  In May Reddit announced it would begin distributing ERC-20 rewards tokens on the Rinkeby testnet among users of its cryptocurrency and Fortnite subcommunities in the form of ‘MOONs’ and ‘BRICKs.’ The tokens are distributed according to a user’s contributions to the respective subreddits. xMOON pairings appeared on xDai network exchange Honeyswap last week after Reddit introduced a feature…

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Defi Token Exposed as Pump and Dump Scam in Leaked Telegram Chat 

A leaked Telegram discussion by 50 so-called crypto influencers has exposed the extraordinary steps they take in order to profit on the back off unsuspecting defi investors. According to a leaked screenshot of the chat, an elaborate plan to defraud defi investors using the worthless “$Few” tokens had been hatched. $Few tokens would be airdropped to some of the influencers who in turn promoted these to unsuspecting followers on Twitter. Once the “new flash mob project” gained traction, members of this conspiracy planned to sell the “airdropped” tokens to defi…

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Smart Advertising Token SaTT Reveals ProBit as Next Exchange Listing

Singapore, September 23, 2020 – Against the predominantly dim and drab ICO backdrop, smart advertising token SaTT ICO has continued to defy expectations. Alongside its remarkable ICO fundraising, the project is proud to announce yet another exchange listing, this time with the popular global digital asset trading platform ProBit. “We are excited for SaTT to be traded on ProBit Exchange,” declares Ronald Chan, ProBit Exchange CEO. “SaTT will be available for trading against USDT and we look forward to SaTT’s solutions making an impact on the advertising world globally.” Hitting…

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