It’s Time: UFC to Launch Fan Token for Millions Around the World
UFC, the world’s largest MMA promotion, is preparing to mint its own token. The company, which has played a key role in the rise of the combat sport’s popularity, now wants to provide a growing fan base with access to exclusive content, rights, and rewards using blockchain technology. UFC Fan Token to Have a Maximum Supply of 20 Million The Ultimate Fighting Championship (UFC) announced this week it’s going to launch the $UFC Fan Token next month. The coin will be minted in partnership with Chiliz, a blockchain company that provides services to the sports and....
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During the last 24 hours, the cryptocurrency community has been discussing the launch of a new token called apecoin (APE), released by the newly-formed Apecoin DAO. At launch, the token exchanged hands for $10.36 per coin, but dropped more than 40% to $6.21. Since the token’s all-time low and Bored Ape Yacht Club (BAYC) owners getting a sizable airdrop, the price of APE moved closer to the price it saw when it first came out.
Apecoin DAO Airdrops Tokens to NFT Owners, Forms the Ape Foundation
There’s a new crypto token among the 13,243 cryptocurrencies in existence....
Yearn Finance founder Andre Cronje’s new defi token called KP3R has soared more than 3,600% in just over 24 hours after official launch, as yield farmers pour in millions of dollars into the project. The token opened at just $10 on Uniswap on Oct. 28, but is currently trading at $373.58, as of press time. According to Coingecko data, over $402 million in volume has been traded in the past 24 hours, with investors providing a total $7.6 million in liquidity. The digital asset’s market capitalization exploded similarly, reaching $73.6 million – a level equalling number 109....
Nigerian artist Davido has launched a fan token, the Echoke Social Token, that he says gives “power” to his millions of fans. Eliminating the Middlemen A Nigerian pop artist and celebrity, Davido, recently announced the launch of his fan token, the Echoke Social Token, via his Instagram account. According to Davido’s Instagram post, this token not only eliminates unnecessary third parties, but also allows him to directly connect with fans. Davido explained: Happy to finally announce this thing we’ve been working on for a while. It’s the ‘Echoke....
The Waves platform has announced the launch of a new token called the Waves Community Token (WCT). The launch is a part of its recently introduced Custom Application Token (CAT) facility on the mainnet. These new token will be distributed after January 15, 2017. The intention behind the launch of the new token is community-based KYC/screening of new assets. The new token distribution will enable Waves to foster community engagement in the next nine months. Initially, 20 percent of the WCTs will be distributed across all existing Waves wallet addresses based on their average WAVES balance....
Non-fungible token (NFT) assets were extremely popular this year and to date, there’s been more than $20 billion in volume recorded in terms of NFT sales among 100 collections. While many single NFTs sold for millions of dollars a number of NFT projects and collections saw hundreds of millions and even billions in all-time volume. According to defillama.com metrics, the popular NFT collection Cryptopunks captured $2.98 billion in all-time volume.
100 NFT Collections, 6 Chains, $20 Billion in Volume
Numerous NFT collections have been very prominent in 2021 and have been....