Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Potion Labs
PotionLabs Kicks Off Auction for ‘Potion Unlock’ – a Novel NFT Game to Open Source a DeFi Protocol
The Potion Unlock game is a social experiment to bootstrap a decentralized community around a DeFi protocol. PotionLabs, the developers of the new risk management layer Potion Protocol, have announced the launch of the Potion Unlock NFT auction. Those who purchase NFTs in the auction will be able to participate in the Potion Unlock game, working with other community members to release the Potion Protocol into the public domain. With this one-of-a-kind strategy based on “aggressive decentralization”, Potion Labs seeks…
3 years ago
PotionLabs Closes Sales of $12M from key DeFi players ahead of Novel NFT Game ‘Potion Unlock’
Potion Unlock, a novel release model for decentralized Protocols registered sales of $12 million last January, from renowned DeFi firms and individuals. The Potion Labs team behind the project had previously raised $3.2M in August 2020 from top-tier DeFi investment firms. The project attracted interest from experienced DeFi parties such as Polychain, Placeholder, Pantera, Maven 11, The LAO, MetaCartelVentures, ParaFi, Spartan, Robert Leshner and Tarun Chitra, Fernando Martinelli, Synthetix founders, Crypto Plaza, Roble VC, CULTUR3, Lemniscap, Zee Prime, beToken Capital,…
3 years ago