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Analyzing Token Sale Models

Note: I mention the names of various projects below only to compare and contrast their token sale mechanisms; this should NOT be taken as an endorsement or criticism of any specific project as a whole. It's entirely possible for any given project to be total trash as a whole and yet still have an awesome token sale model. The last few months have seen an increasing amount of innovation in token sale models. Two years ago, the space was simple: there were capped sales, which sold a fixed number of

Skyward Bound: HDEX brings eFrancisco Motors and LuftCar Together For Groundbreaking Partnership

A New Electric Vertical Take-off and Landing (eVTOL) Project Begins FOR IMMEDIATE RELEASE Camarines Norte, Philippines – January 28, 2024 HDEX is proud to announce that two partners, eFrancisco Motor Corporation and Luftcar have come together to develop a new Electric Vertical Take-off and Landing (eVTOL) project. The focal point of this groundbreaking collaboration is the development of the LUFT PINOY eVTOL powered by Hydrogen. Aron Dutta, Chairman of HDEX, stated, “HDEX was pleased to help facilitate this exciting partnership. What is happening in the Philippines will be the case

Assessing 1INCH’s prospects for growth over December

1INCH has seen its own share of ups over the past few weeks. During the initial half of October, this coin rallied from under $2 to $4.5. It briefly consolidated after that for a week and then registered a mammoth green candle on its chart on 27 October. That very day 1INCH was briefly seen exchanging hands around the $7.7 threshold. The next couple of weeks that followed saw this alt shrink in value. At the time of this analysis, 1INCH was trading 56% lower than its aforementioned local high.

VeChain subverts market expectations, but what does it mean

Until a few weeks ago, VeChain’s price, amid anticipation for POA 2.0 Phase 1, seemed to register an independent rally. On 16 November, as VeChain’s first phase of the Proof of Authority (PoA) 2.0 SURFACE consensus algorithm went live, the market expected a similar upswing in price. However, exposed by the broader market’s weakness, VET had some other plans.  Opposite expectations  The latest consensus mechanism upgrade is set to improve several aspects of the network’s security and key operations. It will also make the blockchain more environment-friendly. Notably, a week

COMP’s incentive crisis and what lies ahead for alt’s price

The DeFi space has accelerated at a pretty good pace of late, despite some setbacks in the first half of the year. In 2021 alone, the ecosystem reported a growth rate of over 20x. A lot of upcoming protocols like Abracadabra have made star entries recently too. Even so, platforms like Maker, Aave, and Compound are ruling the roost, still maintaining their spot in the top five in terms of total value locked.  Maker and Aave have had their fair share of price pumps over the last couple of months. However,

Here’s how crypto-market’s 24/7 trading is setting an example

The past couple of years have witnessed the continued growth of institutional investments flowing into the cryptocurrency market. It includes not only hedge funds and family offices but even pension funds and conservative custody banks parking their funds here. Naturally, this has led to the entangling of traditional and crypto finance, with the latter having profound effects on stock and currency markets. These include the trading times that these markets follow. While cryptocurrency exchanges operate non-stop, traditional exchanges operate only during specific days and time frames. This could change in

Here’s how Cardano can break away from its bearish shackles

Cardano has been in a constant downtrend since early-September and has struggled to recover lost ground even during broader market rallies. The last rally was observed between 5-10 November, although bulls were unable to clear the 38.2% Fibonacci level. Over the near-term, ADA could continue its consolidation and expect traders to shift back to long positions once ADA closes above $2.30. At the time of writing, ADA traded at $2.06, up by 1.2% over the last 24 hours. Cardano Daily Chart Source: ADA/USD, TradingView A look at ADA’s On Balance

Bitcoin Whales Show Largest Movement Since 2017

On-chain data shows Bitcoin whales are currently showing the largest movement since 2017. Here’s what it might mean for the crypto. Current Bitcoin Whale Activity Is The Largest Since 2017 As pointed out by an analyst in a CryptoQuant post, on-chain data shows signs of big whale activity not seen since 2017. The relevant indicator here is the “tokens transferred mean” metric, which tells us the mean amount of Bitcoin involved per transaction. High values of the indicator imply there are some big transactions taking place on the network. This

Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report

This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop, and many have seen earnings dip below the minimum wage line of countries like the Philippines. Naavik Researchers Take a Deep Dive Into Axie Infinity — ‘Scholar’ Earnings Have Been Dropping Since August The Ethereum-based blockchain game Axie Infinity is one of the most popular video games hosted

Tracking the movement of Bitcoin, Ethereum fund flows from 2020

Over the past couple of years, institutional involvement with major assets such as Bitcoin, Ethereum has been a common affair. However, it has been a difficult task to identify all sources of investments. In late 2020, Grayscale’s Bitcoin accumulation was considered the most influential institutional interest. However, it slowed down in 2021. And yet, capital continued to flow from accredited traders. In this article, we will be highlighting every fund which holds Bitcoin and Ethereum and how their activity has created an impact over a longer time period. The long

DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg

Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg, Google’s investment firm. $700 million worth of shares changed hands via the sale. Digital Currency Group Sells $700 Million in Secondary Sale Round Digital Currency Group (DCG), a crypto-focused company, announced a secondary sale where existing investors sold part of their shares to newcomers to the

DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg

Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg, Google’s investment firm. $700 million worth of shares changed hands via the sale. Digital Currency Group Sells $700 Million in Secondary Sale Round Digital Currency Group (DCG), a crypto-focused company, announced a secondary sale where existing investors sold part of their shares to newcomers to the