Crypto Daily Digest - October 25th
A 2011 founded non-profit group Fight for the Future started a petition of telling steam not to ban blockchain games. We have also concluded some Terra's recent updates. Aurory | Terra | ShowMe
- Aurory just finished the IDO of its native token AURY, and FTX has listed AURY with the pool of AURY/USD.
- The Tracer Token Reactor is now live for deposits.
- NFT social subscription platform ShowMe has officially closed its seed funding round.
Nexus Protocol will be launching the V1 vaults to Terra community on October 31. Nexus Protocol is a yield aggregator on Terra and its first product will focus on borrow strategies that are available within the Terra ecosystem. Source
NFT & GameFi
Aurory IDO Finished And Listed on FTX
Aurory just finished the IDO of its native token AURY, The final IDO price is $15.55. Soon after the IDO, FTX has listed AURY with the pool of AURY/USD. Raydium listed AURY with the pool of AURY/USDC later. Source
A Petition of Telling Steam not to Ban Blockchain Games
Fight for the Future (often abbreviated fightfortheftr or FFTF) started a petition of telling steam not to ban blockchain games. Since Oct 14th, the world's largest video game distribution platform Valve quietly enacted a blanket ban on all games that make use of blockchain technology from their Steam platform, including the use of cryptocurrencies and NFTs. FFTF is a nonprofit advocacy group in the area of digital rights founded in 2011. The group aims to promote causes related to copyright legislation, as well as online privacy and censorship through the use of the Internet. Source
Smart Contract Platforms
Terra's CEO Do Kwon is Suing SEC
Terraform Labs CEO Do Kwon is suing the SEC. The builder of decentralized finance (DeFi) platform Terra confirmed he was served with an SEC subpoena at Messari’s Mainnet conference last month, according to a lawsuit filed Friday by both Kwon and Terraform Labs. Source
Terra to Burn 10% of Total LUNA Supply
Terra's CEO Do Kwon tweeted on 22nd Oct that next week, they will initiate a proposal to burn 90m LUNA in the community pool to mint UST for Ozone. This will reduce $LUNA total supply by 90m, and increase UST supply by roughly 3-4 billion. A byproduct of this operation is that a lot of swap fees will accrue, which they expect will result in LUNA staking returns (minus airdrops) to 5x. Source
Fake Android App for dYdX was Found
First Round of Zeta Devnet Ticket
In total 10 Zeta devnet tickets were distributed to 10 winners in Twitter clue search. The next round will be held on Zeta's Discord group, users need to find clues in the group to win tickets of devnet. Source
Tokemak's Tracer Token Reactor Deposit Live on 23rd Oct
The Tracer Token Reactor is now live for deposits. All Token Reactor deposits give you 1:1 tABC assets that are a claim on the underlying deposited assets. If you deposit 10 TCR, you will receive 10 tTCR tokens. Source
Project Inverse V3 is Coming
Exotic options platform Inverse will launch its V3 protocol on BSC next week. The project team claimed that this update will bring a new UI, lower gas fees, and more rewarding opportunities from the stake. Source
Antimatter Launched an Options Price Calculator
Perpetual exotic options platform antimatter launched its options price calculator, users can calculate the bull token and bear token price by inputting underlying asset price, price range, and amount of bull and bear tokens. Source
ShowMe Announces Completion of Seed Funding Round
Gryffindor Labs' NFT social subscription platform ShowMe has officially closed its seed funding round with participation from Mask Network, Incuba Alpha, NGC Ventures, DODO, and others for an undisclosed amount. ShowMe is a subscription-based NFT social platform that allows creators to attract and sink users through flexible subscriptions. Source
PolkaPet Raised $3.1 Million
PolkaPet World has closed its $3.1M private funding round. The round was led by Animoca Brands. Other investors included SkyVision Capital, DFG Group, Jsquare, Waterdrip Capital, Hillrise Capital, and 3Commas, among others. PolkaPet World is an NFT project on Polkadot. Source
QCP Capital's article about exploring Defi, NFTs and what we can expect in a new market super-cycle. Source
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