Category: Cryptocurrency News

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“In the physical world we live, governance is often subject to one or many central authorities. The real-world rules of governance have given rise to a strict, clear-cut hierarchy. As crypto technologies advance and creating a series of ecosystems, we developed a new approach: a free, equal, and open DAO governance ecosystem.” In an ideal DAO ecosystem, code is law, and the whole ecosystem would be governed in a programmed and automated fashion. In a DAO, the organizational structure is paralleled and distributed, as opposed to the pyramid-like construct of traditional entities. Under such a structure, power is no longer controlled by a centralized individual or entity. Instead, the DAO community will be in charge, allowing for autonomous, collaborative governance. The advent of DAO is reshaping the business world bit by bit. As this free “utopia” promotes a paradigm shift in human organizations via decentralized governance and strong incentive mechanisms, DAO has become the next promising area in the crypto economy. Exploring a new trend: DAO is key to ViaBTC Capital’s roadmap Recently launched by ViaBTC Group, ViaBTC Capital combines funding, resource support, and post-investment services. It is an ecosystem-centered investment platform focusing on projects that address crypto pain points. Relying on its unique value capture strategies and expertise in finding potential growth poles, ViaBTC Capital has become one of the most preferred sources of investment in the crypto community soon after its launch. Just recently, ViaBTC Capital has shifted its focus to the DAO segment and made its moves. Aiming to make all-encompassing DAO investments, it has invested in two dark horse projects: Colony and Moda DAO. Colony As community-driven, avalanche ecosystem accelerator, Colony has been committed to the development of a powerful, flexible, practical, and easy-to-use DAO framework. It aims to build an efficient trust mechanism that allows global users to create distributed online communities and raise project funds. Colony has set out to construct a properly incentivized foundation for the next generation of applications built on the Avalanche platform. Powered by a first of its kind funding mechanism, Colony imbues traditional venture capital with a spirit of Community through open governance, support and inclusion. Colony will implement a DAO structure over time to decentralize itself. Relying on its keen market insights, ViaBTC Capital has invested in Colony, which expanded its investment landscape. In fact, Colony has also been working closely with Avalanche. As an outstanding DAO project, Colony has sparked wide market interests and brought considerable returns to VC institutions. ViaBTC Capital’s sharp eye for DAO investments is self-evident. Moda DAO Moda DAO, a niche project, provides multiple Web3.0-based infrastructures for the music community. It redefines the existing music system through fully decentralized and automated technologies, which will unlock the potential value of the music industry. MODA DAO is a decentralised technology network and community. Designed for the metaverse and the play-to-earn era, MODA is dedicated to the adoption of Web3 in the music industry via NFTs, micro-licensing, DAO governance and DeFi. ViaBTC Capital has invested in this niche project because it is interested in the technological innovations Moda DAO may bring to the DAO segment. As the first DAO application that adopts Optimistic Rollup (a scalability solution and cross-chain technology), Moda DAO may offer a critical reference for building open DAO ecosystems in the future. Hence, for ViaBTC Capital, the investment in Moda DAO was intended to capture the future of the whole segment, rather than just another application. Focusing on value-centered investment, ViaBTC Capital believes in the future growth of DAO As a firm believer of DAO’s future potential, ViaBTC Capital focuses on extensive DAO investments. Apart from Colony and Moda DAO, the institutional investor also keeps track of DAO developments in general. Standing at the forefront of the DAO sector, ViaBTC Capital is always looking for more promising DAO projects. ViaBTC Capital’s successful DAO investments indicate that it has entered a new crypto stage where it starts to look for new growth poles. The handsome returns are the reward for ViaBTC Capital’s sound investment philosophy and demonstrate its value-centered investment approach. Conclusion The advancement of DAO has transcended traditional organizations and redefined the model of organizational structure. More importantly, it has started a new chapter in crypto development. Keeping pace with this overall trend, ViaBTC strives to explore the potential growth poles in DAO and accelerate the progress of Web 3.0, allowing more folks to benefit from the opportunities brought by crypto technologies.

Chainalysis has determined that most NFT transactions so far this year were from retail buyers, but the big volumes were driven by collectors and institutions.

Bancolombia, Colombia’s largest bank, will be offering cryptocurrency trading to customers in a pilot program within a regulatory framework established by the country’s financial regulator, the Superintendencia Financiera de Colombia (SFC). Customers of the Colombian bank will be able to trade bitcoin, ether, litecoin, and bitcoin cash. Bancolombia to Offer Cryptocurrency Trading to Customers in […]

And they send back double what you sent them some sort of a scam??? submitted by /u/Goldfishduck [link] [comments]

Rocketpool protocol needs your help to decentralize its protocol and to decentralize ethereum. Currently the minipool commission rate is over 14% because of high demand for reth. This means if you are potentially considering using rocketpool to host a validator now is the time. you will make significantly more money running a validator with rocketpool…
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The partnership will allow Bancolombia customers to trade a number of popular cryptocurrencies including BTC, ETH, and LTC.

As we are approaching the end of 2021, Play-to-earn NFT games are becoming more and more popular with no signs of slowing down. For this month, there are a couple of exciting new play-to-earn games that are going to hit the mainstream. The Atari Chain team has been closely watching developments in the market over the past few weeks and months. Several elements are apparent from this: Blockchain gaming and a parallel trend of the metaverse is the future. There is a market of 3.24 billion gamers and growing to attract. The Play-To-Earn element inherent in blockchain gaming is on the cusp of creating an entirely new economy. There is a massive drive from institutions (such as Facebook, Google, Microsoft) to invest in the metaverse. At the same time, there is a bull market for crypto gaming and metaverse tokens. Atari Chain is at a very early stage. Successful video games take years to develop, and experienced gaming studios who know what it takes to ship a product to the market have a tremendous advantage over newcomers. Much of the hype will be temporary, and many projects will fail to take hold. There are hundreds of blockchain games and new crypto projects being launched every day, many by inexperienced game developers. What’s Hot?  In reviewing Dapp Radar and looking at the top blockchain games on the market right now, here are a few play-to-earn games that our gamers and NFT enthusiasts can look out for: Splinterlands – Infamous for being suspended from Twitter earlier this year, it is built on the Hive and WAX blockchains and as of this writing has 581,000 weekly active users, the current #1 spot in this category. Alien Worlds – Popular for its in-game NFTs, it is built on the WAX blockchain and Binance Smart Chain and as of this writing has 547,000 weekly active users. Axie Infinity – The famed game was the first blockchain game to gain worldwide notice with the explosion in the price of the $AXS token. However, it has dropped to the #3 most popular game by user count. It is built on the Ethereum blockchain and as of this writing has 370,000 weekly active users. Crypto Mines – Popular for its volatile in-game cryptocurrency token, ETERNAL, It is built on the Binance Smart Chain and as of this writing has 260,000 weekly active users. Atari Games – As you can see from the graphic above, Atari Chain’s cryptocurrency token is a leading player in its category. Under the radar, NFT gaming projects are still under $150 million in total market cap. Atari Chain has the unique advantage that it has a brand name with decades of gaming industry experience under its belt. Atari Chain is a top-tier gaming developer that is in it for the long-term haul. There are also very exciting short-term developments about to launch. Entering into the Metaverse Atari is building a metaverse on the Atari Chain with unlimited space and unlimited future potential games. Atari is planning to have its own Atari casino and NFT collection. Each user gets a player character to enter and explore the metaverse. The games that will be live upon launch include Blackjack, Poker, Slots, Roulette and more. The Metaverse will be powered by the $ATRI utility token, which is an ERC-20 token built on Ethereum. Users will be able to seamlessly connect to the blockchain through the Atari Chain digital wallet that is set up when they register for the first time. There will also be a unique set of digital cards that will be NFTs that users can play to win. Connect with Atari Chain across social media and the web to make sure you don’t miss a beat!