The Takeaway: Monolith turned a $16.9 million ICO into $25 million-worth of assets by riding the bull market of 2017 then taking out DAI loans. This DAI strategy is increasingly common among ethereum-centric startups. MakerDAO and Monolith are now collaborating…
Tag: Tokens
Diana, a Blockchain ‘Lunar Registry,’ Attempts to Tokenize the Moon
In honor of Neil Armstrong’s “small step,” one company is taking a “giant leap” for blockchain. On the 50th anniversary of the Apollo 11 Moon landing, Diana, a blockchain startup, is launching a “lunar registry” that attempts to place the…
‘Not a White Paper’: Marketing Document Details $1 Billion Bitfinex Token Sale
New details are emerging about a planned $1 billion token sale to be held by iFinex, the parent company of Bitfinex and Tether, two cryptocurrency companies currently being sued by the state of New York for allegedly covering up a…
Don’t Throw the Crypto Tokens Out With the Bathwater
Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. ___________…
Numerai to Cut Token Supply by 10 Million to Become ‘Decentralized as F*ck’
Numerai never did a token sale, but people have its token and they are using it. The numeraire (NMR) was launched in June 2017 as an early departure from the initial coin offering (ICO) template. Now, with the final upgrade of…
Proof of Use? Civil Believes This ICO Model Lets It Sell Anyone Tokens Legally
Civil, the blockchain startup looking to disrupt media, will be offering its crypto token to investors of all kinds – both accredited and unaccredited – next week. As a spoke of ConsenSys, the ethereum startup incubator and business all its…
Can Security Tokens Save Crypto From the Bear Market Blues?
“Security tokens will save crypto.” That’s what Trevor Koverko, CEO of the crypto project Polymath, told CoinDesk at a blockchain technology festival in Toronto this week. There, tokenized dividends were the week’s hot topic, even despite the bear market in…
Plz No Cat: The Future of Crypto Disputes Is Being Decided By Doges
Could you sneak a cat past the doges? That’s the idea behind a new game launched by Kleros, an ethereum-based startup that raised $2.5 million in the first round of its crypto token sale in July. Called “Doges on Trial,”…
A Small Crypto Coin Is Making Big Claims About a Private Proof-of-Stake
If any coin is going to fly under the radar, it makes sense for a privacy coin to do so. Spectre (not be confused with a separate project called SPECTRE), created two crypto tokens – the aptly named spectre token and…
Augur Passes CryptoKitties: Ethereum App Enters Top 5 with $400K Debut
One Augur user was so eager, they didn’t even wait for the user interface. That may have summed up the state of affairs Tuesday, hours after the Forecast Foundation, the non-profit behind the Augur protocol, announced the launch of its…