DAO

The Arbitrum Foundation, a Decentralized Autonomous Organization (DAO) tasked with developing and nurturing the Arbitrum ecosystem, has approved the start-up of a support fund aimed at developing projects in its gaming ecosystem. The organization has revealed plans to distribute a whopping $216 million to improve its gaming ecosystem. Arbitrum To Allocate $216 Million For Gaming Proposal The Arbitrum Foundation has officially endorsed a proposal, involving a funding initiative to expand and develop its gaming ecosystem. According to its blog post,…

The post Tether Teams Up with RAK DAO to Drive Bitcoin & Stablecoin Adoption in UAE appeared first on Coinpedia Fintech News Amid controversies and scams, Tether is all set to expand its wings. Tether Partners with RAK DAO to Promote Bitcoin and Stablecoin Education in Ras Al Khaimah. In 2024, the Middle East saw a significant rise in cryptocurrency adoption, with the average daily number of traders reaching 500,000, marking a 166% increase from the previous year, as per…

The post Floki Fever As DAO Burns Billions, FLOKI Price Skyrockets! appeared first on Coinpedia Fintech News #Floki dominates Grok’s trending topics with its latest DAO proposal to incinerate over 15.24 billion $FLOKI tokens, valued at nearly $3 million. This significant burn marks the 14th proposal steered by Floki’s active DAO, emphasizing its commitment to decentralized governance. As the community rallies behind these pivotal decisions, $FLOKI’s price has surged by 21% in just two weeks, underscoring its status as a…

It’s been a bearish Q2 cryptocurrency market so far. Several coins that showed immense promise during the March bull market have begun to suffer severe value slumps. Currently, investors are looking for ways to recoup their losses and maximize gains when possible. DeeStream has recently emerged as a foremost crypto asset for investment. Lido DAO and Compound holders have spotted the platform and believe its crypto token will likely become a blue-chip cryptocurrency. They’ve begun buying large volumes of the…

In the current downtrend of the cryptocurrency market, most digital assets, including prominent players like Lido DAO and Compound, have experienced significant declines from their peak values. Yet, during this difficult time, Raffle Coin’s presale is waxing stronger. It has emerged as a beacon of hope for investors, offering a recovery path and the potential for substantial financial gains. The first stage of Raffle Coin's presale is nearly sold out, indicating strong investor confidence and a bright future for this…

[PRESS RELEASE – Majuro, Marshall Island, April 17th, 2024] OSEAN DAO is advancing rapidly: With company registration on the horizon, the organization is preparing to acquire its first boat and has announced a 5 million $OSEAN commemorative airdrop scheduled for May. The project has attracted a diverse team of skilled professionals and achieved significant milestones in a short time. Having reached a $2 million market cap last month, OSEAN DAO has now successfully gathered half of the funds needed for…

The newly emerging Solana-based meme coin Donk.Meme continues to gain traction and has raised almost 2000 SOL as at the time of writing with over 48 hours left till the end of the presale. This feat was achieved despite the massive congestion that the Solana network has been experiencing that reduced the overall activity on the Solana blockchain. The $DONKM token presale is currently still active and interested investors who wish to get in early on the presale before listing…

VeChain launches VeBetterDAO, a decentralized autonomous organization (DAO) on its ALPHA TESTNET PHASE, offering participants the opportunity to engage and earn B3TR tokens, convertible to VOT3 tokens upon mainnet launch. VeBetterDAO promotes sustainability in Web3, fostering collective action and rewarding sustainable practices within its ecosystem. VeChain’s latest initiative, VeBetterDAO, is currently in its ALPHA TESTNET PHASE, anticipating a full mainnet launch on June 30, 2024. CNF YouTube Video: VeBetterDAO – Empowering Sustainable Community Governance Engaging with the DAO during this…

Core DAO (CORE), the cryptocurrency behind the Core blockchain, has seen its price skyrocket by 220% over the last week, marking a significant milestone in its market performance. As of the last 24 hours, CORE has seen an additional 63% increase, accumulating a staggering 350% gain in just nine days. This rally has elevated Core DAO to the 55th position among all cryptocurrencies by market cap. What Is Core DAO? Core DAO operates on the Core blockchain, a Layer 1,…