Die ARK Investment Management war bis Ende Juni der drittgrößte Anteilseigner von Coinbase. Seit den SEC-Ermittlungen ist der Kurs der Kryptobörse wieder spürbar eingebrochen.
CoinFlip launches $1 million fund initiative to support Web3 startups
Cryptocurrency ATM firm CoinFlip has announced a new fund venture set to boost the emerging Web3 ecosystem, according to a news release the fintech company shared on Wednesday.
The CoinFlip Ventures, which the Chicago-based crypto company will fund to a tune of $1 million, will seek to support start-ups and entrepreneurial teams across the Web3 space.
Notably, the firm is looking to boost the efforts of university students and other underrepresented developer initiatives.
Startups in DeFi, NFTs to benefit
CoinFlip Ventures will support developer teams and projects focused on advancing growth within the decentralised finance (DeFi), NFTs and marketplaces and tokenisation.
Applicants need to have their projects at the pre-seed or early stage level. Such projects will either have a “prototype, service model or business plan, but [are] not yet profitable,” the company advised interested parties via the press release.
Successful applicants will receive financial help of up to $250,000 as well as industry insight, business advice and networking opportunities, including from CoinFlip’s executive team members.
“We’ve learned so much through trial and error since our founding and are honoured to pass along our knowledge and resources to startups we believe in,” CoinFlip founder Daniel Polotsky said in a statement.
CoinFlip is the largest cryptocurrency ATM operator in the world, with over 4,000 teller machines installed across 49 states. The company launched its operations in 2015 and has grown to include a Trade Desk that was announced in 2021.
The post CoinFlip launches $1 million fund initiative to support Web3 startups appeared first on CoinJournal.
Österreicher investieren lieber in Kryptowährungen als in ETFs
Umfrage zeigt: Österreicher investieren lieber in Kryptowährungen als in ETFs.
Fantom adopts use of burn fees to fund ecosystem projects
Fantom will use 10% of the burn fee to support various projects within its ecosystem.
The Fantom (FTM) community has passed an on-chain governance proposal aimed at supporting the continued evolution of the Layer-1 platform’s ecosystem.
The governance proposal was created on 5 July and sought the community’s approval via a vote. According to the Fantom Foundation, the vote passed on Tuesday, 26 July by a majority of 99.75%.
Ecosystem Support Vault governance proposal voting has concluded.
Vote: Passed ✅ https://t.co/MaDhvbrJss pic.twitter.com/w3nSKG7XBQ
— Fantom Foundation (@FantomFDN) July 26, 2022
What’s the Ecosystem Support Vault?
The Ecosystem Support Vault allows Fantom to support new projects and ideas on the Fantom Opera network via funds set aside from a percentage of the 30% transaction fees burn rate.
Through the proposal, 10%, or a third of the 30% burn fees will go to a vault controlled by Fantom validators and stakers.
The community will oversee the application of the funds on key ecosystem projects, doing so via on-chain governance mechanisms to ensure a decentralised approach is maintained.
Fantom is a high performance blockchain fully compatible with Ethereum and has seen over 200 decentralised applications (dApps) deployed.
These include apps across decentralised exchanges (DEXs), Lending and Borrowing, non-fungible tokens (NFTs) platforms, GameFi, wallets and Cross-chain Bridges. Top DeFi protocols on Fantom include Aave and Alpaca Finance.
Notably, the adoption of the governance vote means Fantom’s burn rate is effectively 20%.
The post Fantom adopts use of burn fees to fund ecosystem projects appeared first on CoinJournal.
Bitcoin (BTC) klettert vor „gefürchteter“ Leitzinserhöhung wieder leicht nach oben
Die heutige Leitzinserhöhung wird voraussichtlich gar nicht so desaströse Auswirkungen auf den Kryptomarkt haben, wie befürchtet, dennoch bleibt die Stimmung getrübt.