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DAOs
FOX Token Rally: Yield Play or ShapeShift DAO Craving?
Crypto analysts are looking at the FOX token's price gain and asking whether it's the latest promotion or the start of a new trend.
Erik Voorhees on Why ShapeShift Is Shutting Down
Erik Voorhees, ShapeShift founder and CEO, discusses why the crypto trading pioneer is transforming from a traditional equity-based VC-backed corporate entity to a decentralized autonomous organization (DAO). “Regulatory friction absolutely has a part in this decision,” Voorhees said. Plus, what’s next for ShapeShift’s shareholders, employees, and customers.
Why Is ShapeShift Shutting Down?
Crypto trading pioneer ShapeShift is closing its doors, handing over its legacy to a decentralized autonomous organization (DAO) controlled by holders of its FOX token. In the process, it will airdrop $98 million in crypto to decentralized finance (DeFi) investors.
FOX Token Up 77% on ShapeShift DAO, Airdrop News
ShapeShift’s token is up significantly on news the exchange is becoming a decentralized autonomous organization (DAO).
ShapeShift to Shut Down, Airdrop FOX Tokens to Decentralize Itself Out of Existence
ShapeShift will send out 340 million FOX tokens across DeFi.
Superfluid Raises $9M for a New Take on Streaming Payments
Multicoin Capital is betting the real-time payments platform can power DeFi and DAOs – and also subscriptions and salaries.
DeFi Data Feed Service API3 Becomes a DAO
As well as steering the direction of the project, the DAO aims to provide a kind of decentralized insurance against oracle failings.
DAO Behind DeFi Pulse Index Raises $7.7M From Galaxy Digital, 1kx
Index Cooperative will use the funding to bring its ETF-like products to other blockchain networks.
Fashion Redefines Finance: The Logic of Digital Luxury
Success in the new world of finance requires understanding the internet zeitgeist and how media content becomes popular and unpopular, says our columnist.
