Super DAO: Tokenizing Consumer-Facing Dapps On-Chain
Decentralized networks hold untold promise for tapping developer and entrepreneurial talent wherever it exists in the world, particularly in areas where it is difficult to raise funding. By breaking down barriers for bootstrapping new ventures and giving projects access to essential resources, the tokenization of dapps and services on-chain can incentivize new decentralized governance models that redistribute power, control, and rewards to the collective. Building on the idea of decentralized autonomous organizations (DAOs) and decentralized crowdfunding, a new wave of open,....
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Integration will roll out before the end of 2022, enabling General Message Passing on Sui blockchain. The proof-of-stake (PoS) blockchain Axelar and the infrastructure company behind Sui blockchain, Mysten Labs, disclosed a partnership on Sept. 27 to deliver cross-chain communication for developers through General Message Passing, aiming to advance the prospect of a "super DApp." Integration is expected to be completed before the end of the year.The collaboration will enable DApps created in Move — Mysten's programming language — to call any function on any external chain. According to the....
Binance Smart Chain (BSC) decentralized applications (dapps) have been hit with a number of flash loan attacks in recent weeks. According to collected data by Rekt, during the last 30 days BSC has lost a total of $167 million from these flash loan exploits. Flash Loan Hackers Prey on Binance Smart Chain Dapps – $167 Million Siphoned in May Flash loan attacks have become an issue for the Binance Smart Chain (BSC) as a myriad of BSC dapps were breached during the month of May. Essentially, these flash loans provide people with the ability to borrow crypto without relinquishing any....
The Bitcoin 2.0 scene is often talked about as being the next necessary step in the evolution of an autonomous society. It's the world of decentralized applications that run on top of Bitcoin's underlying technology, the block chain. Some even say the block chain itself is the most important technology to come out of Bitcoin. Also read: Bitcoin and The March Toward a Decentralized Future. Thus, the crypto world has been inundated with all sorts of unique developments which aim to take advantage of block chain tech: smart contracts, crypto equities, file storage, voting, internet, crowd....
Today, we caught up with Bob Ras, CEO, and Co-founder of Sologenic, a foundation that synergizes different financial markets by tokenizing various asset classes on a decentralized ecosystem built on the XRP ledger. The Sologenic team is focused on bringing both cryptocurrencies and non-blockchain assets under one umbrella for the ease of trading. During this […]
Decentralized finance (defi) protocols continue to shine as the total value locked in defi is over $260 billion. While Ethereum started the defi trend and holds the lion’s share of TVL in defi, a great number of decentralized applications (dapps) are supporting a slew of alternative blockchains.
Today’s Most Popular Dapps Support More Than One Network
On November 7, the total value locked in defi is $260 billion according to defillama statistics on Sunday. When defi first started making waves, most of the dapps that people interacted with leveraged the Ethereum....