Crypto Daily Digest - November 25th
IDO
Zodium IDO on Polkastarter
Zodium decided to postpone its IDO on Polkastarter on Dec 2. Zodium is a ''Play to Earn'' project based on animated 3D character NFT, created by the former co-founder of LINE FRIENDs and its members. The ancient oriental legends of the 12 zodiac animals and the 12 star signs are the fundamental concept of Zodium.
- Token: $ZODI
- Price: $0.08
- Polkastarter: Dec 2nd (UTC), 0.28% Source
DeFi
Georgios, Paradigm’s New Chief Technology Officer
Crypto research team Paradigm's co-founder Matt Huang announced on Nov 25 that they have hired Georgios Konstantopoulos as their CTO. He will continue to be a Research Partner, publishing industry-leading work and helping out Paradigm's portfolio. But Georgios will now also:
- Set Paradigm’s technical vision and strategy
- Help our killer in-house engineering team grow
- Drive and ship great internal software Source
Info on the Aave Market for Real World Assets
RWAMarket is a market where anybody can provide liquidity to tokens backed by RWA issued on the Centrifuge protocol. The RWAMarket uses the Aave protocol to allow users to invest in a market with real world assets as collateral. NewSilverLend is the largest pool on Centrifuge, which is currently $20M in size and already borrowing $12M from MakerDAO (as Maker's biggest RWA collateral). With RWAMarket, New Silver will get liquidity from Aave users, too. Source
PancakeSwap Swap Page Loading Problem
PancakeSwap users are experiencing loading issues on the swap page. PancakeSwap tweeted that the failure was due to BSC node problems. Source
Delphi Supports Onboarding UST to Aave V2 and V3
Delphi Digital's gen announced that Delphi Digital is adding support for Terra USD (UST). They believe that UST is the only decentralised stablecoin operating at scale which has managed to maintain its peg whilst not being backed by centralised collateral. It is currently the 2nd largest decentralized stablecoin by market capitalization and has been growing at an exponential rate over the last few months. Source
NFT/GameFi
Animoca Brands update on hacking
Animoca Brands provided an update about the hack of the Phantom Galaxies Discord server that occurred in the early hours of 19 November 2021, and to reassure the victims of the hackers’ scam that the company will cover their losses (265 ETH, worth about US$1.1 million), with details to be announced shortly. Source
$CRAFT to Launch on Trader Joe
TaleCraft is a card game on Avalanch that is going to launch its mainnet on Nov 26. And its token, $CRAFT will be launched on Trader Joe at the same time.
- Time: Nov 26, 17:00-18:00 UTC
- Price: $0.28
- Initial Market Cap: $487K Source
Funding
HappyLand Announced $2.97m Private Funding and IDO on Polkastarter
HappyLand, a farming simulation game and blockchain-driven metarverse development project announces the closing of its private round co-led by AU21 Capital and HC Labs of HC Capital. The round was also joined by ZBS Capital, Banter Capital, Kryptos Fund, Netvrk , Kyber Ventures, Kyros Ventures, Gains Associates, GoodGamesGuild, Maven Capital, and SMO Capital.
The governance token of HappyLand, $HPL, is about to launch its Initial Decentralized Offering (IDO) on Polkastarter. The IDO event will take place on the 8th of December, 2021. Source
Readings
Paradigm
DeFi
DEX