Diverge

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

[Mirror] A Proof of Stake Design Philosophy

Vitalik Buterin via the Vitalik Buterin Blog This is a mirror of the post at https://medium.com/@VitalikButerin/a-proof-of-stake-design-philosophy-506585978d51 Systems like Ethereum (and Bitcoin, and NXT, and Bitshares, etc) are a fundamentally new class of cryptoeconomic organisms — decentralized, jurisdictionless entities that exist entirely in cyberspace, maintained by a combination of cryptography, economics and social consensus. They are kind of like BitTorrent, but they are also not like BitTorrent, as BitTorrent has no concept of state — a distinction that turns out to be crucially important. They are sometimes described as decentralized autonomous

Somnium Space Fashion Show with TESLASUIT

In association with TESLASUIT, the human-to-digital interface, Metaverse platform Somnium Space is organising the first virtual reality avatar fashion week in history - held in Prague and in the virtual world this September. Somnium Space Fashion Week (September 7-11) is an event enabling designers and brands to connect with consumers in an entirely new way, making it a one of a kind phygital experience. It will expand the way fashion is presented to the public, allowing people to connect from around the globe in one physical and digital location simultaneously