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

A Note On Charity Through Marginal Price Discrimination

Vitalik Buterin via the Vitalik Buterin Blog Updated 2018-07-28. See end note. The following is an interesting idea that I had two years ago that I personally believe has promise and could be easily implemented in the context of a blockchain ecosystem, though if desired it could certainly also be implemented with more traditional technologies (blockchains would help get the scheme network effects by putting the core logic on a more neutral platform). Suppose that you are a restaurant selling sandwiches, and you ordinarily sell sandwiches for $7.50. Why did

Prontoblock and EPIC ESG Partner to Launch a DAO and Issue On-Chain Green Bonds to Finance Clean Energy Solutions

The on-chain tokenized green bonds issued by Prontoblock will be one of the first such offerings in the United States. Moody’s forecasts that the issuance of green bonds could total $1 trillion in 2022. New York, November 8, 2022 -- Prontoblock, an innovative blockchain and Web3 company, will partner with EPIC ESG to utilize smart contracts in the form of Non-fungible Tokens (NFTs), and introduce utility tokens to support the structure of on-chain green bonds for large-scale projects. Prontoblock will issue approximately $300 million in notional value in the form

Digital Nigeria 2022, Day 2: Blockchain Adoption Can Increase Nigeria’s GNP, If…

"Developing countries like Nigeria, if we position ourselves, can increase GDP by at least 0.5 percent, which is almost US$ 25 billion" - Blockchain Summit @ Digital Nigeria 2022, Day 2 ABUJA, NG, Oct 28, 2022 - (ACN Newswire) - Developing nations like Nigeria stand a chance to benefit from the US$ 1.76 trillion market, if they can position themselves to adopt and leverage Blockchain technologies, Kashifu Inuwa, Director General of the National Information Technology Development Agency (NITDA), said during Day 2 of the Digital Nigeria 2022 International Conferences, Exhibitions and Awards. Kashifu Inuwa,

Budgets and Black Holes

During our most recent Twitter Space Town Hall we were asked about our marketing plan. It’s a question that comes up regularly so we thought we’d cover it in a bit more detail, explaining what we’re doing and why we’ve chosen our current approach. Most of the time people are interested in our marketing plan for the same reason they’re interested in our exchange listing plan, speculation. It’s generally assumed that spending money on marketing will attract new users and this will increase the value of a project’s tokens. In

Crypto Investor News for 11/17

Staples Center to be Renamed Crypto.com Arena (BBC): The tipping point has arrived. Investor takeaway: Expect everyone you know to suddenly become interested in crypto investing. We’ve gone mainstream. How India is Regulating Crypto (Economic Times): India will ban crypto for payments, ban crypto advertising, and allow crypto as investments. Investor takeaway: Overall positive news for us, as it gives a government stamp of approval on crypto investing. Thank you to India for taking the lead on thoughtful regulation. ConsenSys is Now Worth $3.2 Billion (ConsenSys): Celebrating its latest funding

Is Litecoin becoming the hub of FOMO among the older cryptos

When AMCTheatres enabled the option to pay in cryptos, Litecoin registered a decent hike. The reasoning seemed genuine and even additional metrics pointed out that it was probably an organic rise in the short term. However, on further research, it appeared that Litecoin has begun following a pattern. One where it goes up by a significant margin, sits there for a while, and then drops back down, canceling all or most of the growth. An example of the same can be found on the chart itself. For better reference, occurrences

Bitcoin Below $60K for the First Time in 10 Days – Should You Buy the Dip?

Bitcoin is below $60,000 for the first time in over 10 days after what many crypto investors saw as an anticlimactic break of all-time highs. After spending 6 months below its previous all-time high just short of $65,000, Bitcoin made it all the way back and managed to break $66,000 before losing steam. At the time of writing, BTC is trading just above $59,000.  Aside from a few select altcoins, almost the entire crypto market followed Bitcoin’s lead today by making a downward move. As is often the case, excess

What is Dragonbite? (BITE)

DragonBite is an open decentralized asset management platform for customers to store and swap all digital assets in one app. Retail customers have always been big fans of loyalty programs, not only to express their approval of a product or a service but also because of the exciting perks that come with them. The problem is, the rules of these programs are often restrictive, and their rewards are too limited resulting in slim benefits for consumers, which they cannot enjoy. Fortunately, blockchain can change all of this.  Table of Contents Background 

Bitcoin’s ‘potentially serious implications’ on future of investment, global finance

Crypto demand skyrocketed as inflation fears grip the market and governments continue to print more money. It is noteworthy that the US inflation picture remains worrying with the rate recently hitting a 13-year high of 5.4%. U.S. Debt Apart from these concerns, the U.S. debt is piling up. In a recent commentary piece, Avik Roy estimated the extent of debt in the US and how Bitcoin adoption can change it. He explained, “The single largest holder of U.S. debt is the U.S. government.” The situation is set to worsen, according

Facebook Announces a $50M Fund to Research the Development of a Metaverse

The social media giant announced earlier this week its plans to create its own metaverse with the help of multiple parties. To do so, Facebook will allocate $50 million for research and program partners. Facebook’s Swing at Metaverse The company’s announcement reads that Facebook will not rely on a single company to build the project “overnight.” Instead, it will focus on cooperating with different parties, including policymakers, experts, and industry partners, to “bring this to life.” The $50 million funding will go primarily for global research and connecting with program

Dallas Mavericks Announce Rewards for Using Dogecoin to Buy Merch

Dallas Mavericks owner Mark Cuban continues to support Dogecoin (DOGE) by announcing rewards for those spending the meme coin on merchandise. Sponsored Sponsored The team was the first in the league to accept Dogecoin payments for both merchandise and ticket sales. Now, Cuban wants to further grow the number of sales from DOGE by adding incentives to the program.  The Mavs Cryptomania program gives fans cashback for purchases made with Dogecoin on the official Maverick’s online merchandise shop. The program will run from Aug 13 until Sept 20. Fans can earn