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Solana NFT platform SolChicks is backed by…113 VC funds
SolChicks, a play-to-earn fantasy game built on Solana, has become the talk of the town after it was revealed that 113 different venture capital funds have invested in the project.Death by VC for the new Solana game?A new play-to-earn fantasy game launched on Solana caused a stir in the crypto community on Wednesday, raising questions about the sustainability of the current … [Read more...] about Solana NFT platform SolChicks is backed by…113 VC funds
El Salvador to inaugurate Bitcoin City backed by $1B Bitcoin bonds
El Salvador continues to lead the Bitcoin (BTC) adoption drive as President Nayib Bukele announces the launch of Bitcoin City, which will be funded initially by $1 billion Bitcoin bonds. The initiative was first announced by Bukele at El Salvador’s Bitcoin Week conference, which sought to celebrate Bitcoin’s mainstream adoption in the country and increase citizen … [Read more...] about El Salvador to inaugurate Bitcoin City backed by $1B Bitcoin bonds
DAO Backed by Deadmau5 to Launch on Multiple Platforms
“I see the Web 3 ecosystem growing alongside streaming services, and eventually becoming more significant to the artists,” Deadmau5 told CoinDesk in a statement. “This new [MODA DAO] world is creating new ways for artists to take ownership of their music, but it will take a while to scare the Spotify and Apple Musics of the world.” Source link … [Read more...] about DAO Backed by Deadmau5 to Launch on Multiple Platforms
Cardano (ADA) backed ‘Djed’ stablecoin promises transparency and price stability
With the imminent launch of smart contracts on Cardano, thoughts turn to its ecosystem and how it will develop against competing chains.One such consideration is stablecoins, which are an essential component of any crypto ecosystem. Stablecoins bridge the gap with fiat and presenting a solution to volatility.Earlier this week, developers Input-Output Global (IOG) teased the … [Read more...] about Cardano (ADA) backed ‘Djed’ stablecoin promises transparency and price stability