“A Polkadot project with a difference” says it is restoring trust and simplicity to complex token ecosystems and eliminating the centralized distribution models that can render the power of blockchain technology useless. Polkalokr offers a multi-chain token escrow platform that can be integrated into existing DeFi protocols, ensuring that network participants have full control over how tokens are distributed and treasuries are managed. The project’s goal is to remove human reliance and bring trust to token economies through governance-as-a-service — all while delivering security, scalability and a user-friendly experience. Explaining why Polkalokr is needed, the developers behind this initiative said: …
A crypto project says its goal is democratizing a type of investment that has been “in the hands of the rich for far too long.” Nodeseeds says it tokenizes private sales and seed rounds — allowing enthusiasts to gain exposure to promising startups at all stages of their evolution if they have an appetite for risk. The project’s founders hope to tackle some of the biggest problems that exist in public sales at present. Those interested in getting involved often need to complete Know Your Customer checks on platforms they may be unfamiliar with, and their contributions can be capped. …
Members of the EOS ecosystem, a blockchain designed to power decentralized applications, or dApps, are voicing their dissatisfaction with former developer Block.one. As a result, they have formed their own organization and elected new leadership in an effort to revamp the network. As accessed by Cointelegraph, Yves La Rose, the "community-elected CEO" of the novel EOS Foundation, gave the following prepared statement during a virtual conference: “There's no sugar-coating it, EOS as it stands is a failure. The last three years or so have been nothing but dwindling in terms of market cap and in terms of token value. When …
Even though crypto markets appear to be on a long, arduous path ahead based on recent weeks of token turmoil, venture investors looking to get their hands on a Web3 future aren't slowing down. On Wednesday, venture capital giant, a16z, announced closing its fourth cryptocurrency fund at $4.5 billion. This brings the total money invested by Andreessen Horowitz in digital currency and blockchain business to more than $7.6 billion. The new investment vehicle will focus on early-stage ideas as well as projects that are more mature and have already shown some traction. According to the firm, $1.5 billion of the …
Binance marked its presence among the Middle East investors by running various licensed operations in Abu Dhabi, Dubai and other regions. Targeting efforts in United Arab Emirate's (UAE) mainstream corporate sector, Binance partnered with business lender Virtuzone, allowing new entrepreneurs to repay loans using cryptocurrencies. Virtuzone joins the list of mainstream businesses in the UAE, such as JA Resorts and Hotels and Majid Al Futtaim, to officially accept cryptocurrencies after integrating Binance Pay into its payment gateway. In addition, by providing businesses the option to repay seed and other forms of funding through cryptocurrencies, the company intends to reduce barriers …