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he recent launch of The Sandbox's DAO has raised significant concerns about the level of centralized control and the weighted voting system that appears to favor The Sandbox itself. The fact that The Sandbox holds 3 million votes during weighted voting feels wrong and goes against the very
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The AI Film Academy (AIFA) is set to launch on May 28, 2024, with the inaugural AIFA Awards, a red carpet event in partnership with Non Fungible Conference, Lisbon. The groundbreaking initiative, led by co-founders Clare Maguire and Leo Crane, aims to democratize the film industry through AI and blockchain
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In a significant move that challenges the dominance of the US dollar in international trade, the BRICS countries, particularly Russia, China, and India, are increasingly conducting trade in their local currencies. The latest development involves Russia's purchase of weapons worth $4 billion from India, paid entirely in Rupees.
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Pump.fun, a popular platform for launching meme coins on Solana, has named a former employee as the person responsible for a recent exploit. The hack resulted in the theft of 12,300 SOL, worth about $1.9 million at the time of the attack. In a report posted on
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Rug.fun, a new game built on Coinbase's Ethereum layer-2 network Base, has introduced a unique twist to the world of meme coins by gamifying the creation, buying, and swapping of these tokens. The game, created by the team behind NFT discovery site Mint.fun, aims to reward
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The leading decentralized finance (DeFi) liquidity aggregator protocol, 1inch Network, has announced its integration with Base, an Ethereum layer-2 scaling solution backed by Coinbase Global Inc. This integration allows users of the 1inch Aggregation Protocol and the 1inch Limit Order Protocol to access these services via the Base network, benefiting
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The $OOO token project is taking a new direction, focusing on long-term growth and utility. We have redesigned the token to reflect the growth of the DAO Times platform, creating a symbiotic relationship that benefits both the token holders and the brand. This token will be appealing to individuals who
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Web3 publishing platform Mirror has been acquired by its rival Paragraph, allowing Mirror's team to focus on developing a new social app called "Kiosk." Built on the Farcaster protocol, Kiosk aims to blend blockchain technology and e-commerce within a social media context. Mirror, launched in 2020,
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Sony Network Communications, a subsidiary of the Japanese technology giant Sony Group, has announced its plans to explore ways to address industry issues using blockchain and Web3 technology. In collaboration with Astar Network and Singapore-based Startale Labs, Sony will be co-hosting a Web3 incubation program from mid-March to mid-June to
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In a recent interview, Sergei Ryabkov, Russia's Deputy Minister of Foreign Affairs, revealed that the BRICS nations (Brazil, Russia, India, China, and South Africa) are considering the adoption of stablecoin transactions and a platform for central bank digital currency (CBDC) payments to boost financial integration. This move comes
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OSEAN DAO, the pioneering project that aims to integrate the yachting industry with the cryptocurrency sector, has recently achieved significant milestones. The organization is on the verge of completing its company registration, which will establish it as a legal entity and pave the way for acquiring its first boat. To
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The Drift Foundation, the organization supporting the Solana-based perpetual swap futures exchange Drift Protocol, has announced the launch of its governance token DRIFT. As part of the token distribution, 10% of the total supply, amounting to 100 million DRIFT tokens, will be airdropped to eligible wallets. The airdrop coincides with