5 real use cases for useless memecoins
Memecoins are criticized for being useless, despite being heaps of fun and a path to riches. Here are the 5 real uses for useless memecoins. Source link
‘Raider’ investors are looting DAOs — Nouns and Aragon share lessons learned
DAO governance is still a pain and two recent projects have struggled with “raiders” overtaking their organizations. Source link
Blockchain innovation or dangerous house of cards? – Cointelegraph Magazine
Ethereum restaking — proposed by middleware protocol EigenLayer — is a controversial innovation over the past year that has some of the brightest minds worried about the potential ramifications. Restaking involves reusing staked or locked-up Ether tokens to earn fees and rewards. The restaked tokens can then help secure and validate other protocols. Proponents believe…
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Bitcoin ‘supercomputer’ and BTC DeFi coming soon – Cointelegraph Magazine
Earlier this year, Ordinals — a unique inscription on the smallest unit of a Bitcoin, called a Satoshi — emerged as a controversial new development. Dismissed by some as spam and embraced by others as a way to bring BRC-20 tokens and NFTs to Bitcoin, the technology stimulated a flurry of developments. Now there is…
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The race to build safe and legal coin mixers – Cointelegraph Magazine
When the U.S. government sanctioned coin mixer Tornado Cash, many thought it might spell the end for illicit crypto mixing services. But they’re back — and with a glossy new institutional sheen and legit use cases to help traders and funds keep their market moves a “trade” secret. Tornado Cash is what is known as…
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Control the robots, incentivize the humans – Cointelegraph Magazine
Text generator ChatGPT is the fastest-growing consumer app ever, and it’s still growing rapidly. But the dirty secret of AI is that humans are still needed to create, label and structure training data — and training data is very expensive. The dark side of this is that an exponential feedback loop is being created where…
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2023 is a make-or-break year for blockchain gaming: Play-to-own – Cointelegraph Magazine
Will 2023 finally see an explosion of crypto gaming? The signs are mixed, with former play-to-earn darling Axie Infinity falling out of favor and hemorrhaging players, while mainstream gamers report that Web3 games still have playability issues. The bright spot is that AAA games are finally starting to emerge in Web3, with projects like Illuvium…
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How to stop your crypto community from imploding – Cointelegraph Magazine
Crypto communities can often implode, despite the best intentions of everyone involved. Genuine communities with plausible but convoluted project ideas can fail just as easily as projects like DeFi Wonderland, which imploded because of its CFO’s connection to the controversial, defunct Canadian exchange QuadrigaCX. Plausible projects face scaling challenges like Zilliqa or project management problems…
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Andy Warhol would have loved (or possibly hated) NFTs – Cointelegraph Magazine
If Andy Warhol — the most famous artist of the 20th century — were alive today, he would make NFTs. The reasoning is simple: because for Warhol, business was art. So, I decided to do some digging and speak to Warhol experts to see if there is a case. But Warhol was an artist who…
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DeFi abandons Ponzi farms for ‘real yield’ – Cointelegraph Magazine
Decentralized finance is beginning to embrace a hot new phrase: “real yield.” It refers to DeFi projects that survive purely on distributing the actual revenue they generate rather than incentivizing stakeholders by handing out dilutionary free tokens. Where does this real yield come from? Are “fees” really a sustainable model for growth at this early…
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