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We recently covered the announcement of an intriguing new DAO toolkit startup on July 20 this year. Over the last five weeks, the platform’s team has opened a novel Cardano-based funding initiative, known as an “ISPO”, has run its first utility token distribution using its own blockchain software, and is deploying modules from its promised “DAO Operating System” on Cardano’s Testnet and Mainnet, and has stated its intention to roll out the platform and its various add-ons starting September 2022. On Monday August 29 – 40 days since announcing the project – we took a few moments to talk with the platform’s founding team: Adam Rusch, president of Summon Association, Thomas DiMatteo, CEO of Summon Labs, Riley Kilgore, CTO of Summon Labs, and Matthew Bowen, General Counsel of Summon Labs. Blockonomi: Since announcing The Summon Platform only five weeks ago [Editor’s note: July 20, 2022], your DAO project has built remarkable momentum. Last week, the platform’s initial token distrib...

Through its partnership with the World Association of News Publishers (WAN-IFRA), Web3 Foundation seeks to help generate fresh revenue streams for the publishing industry. Web3 Foundation, the organization dedicated to providing support for decentralized protocols, has announced the launch of a pilot project that helps unlock new revenue possibilities for news media editors and content creators through Web3 technology. New Options from Web3 Foundation The Swiss-based backer is previously known for its support for the two major protocols – Polkadot and Kusama. The pilot project will provide expertise and funding support for a joint initiative between David Tomchak, Visiting Policy Fellow at the renowned Oxford Internet Institute, and the World Association of News Publishers (WAN-IFRA), the global organization of news media. Part of the funding allocated by the Web3 Foundation will be contributed to WAN-IFRA’s bursaries scheme. The scheme’s significant aim is to offer financial a...

The rise of globalization and the digital economy as a result of the connectivity that the Internet affords has created an entirely new digital realm that has surpassed modern geopolitical jurisdictions. Kleros , is a decentralized application built on top of Ethereum, aims to provide the solution to the the inevitable disputes that will arise in this global digital medium through leveraging the power of blockchain and game theory mechanics . This guide will teach you how and where to buy the Kleros PNK token and will also give more info about the project. Where to Buy Kleros PNK This section is our top picks of where and how to buy the Kleros PNK Crypto token. We chose these based on our experience of using them and considered fees, security, payment options and reputation. Bitfinex:  Well Established & Trusted Exchange Gate:  Solid Platform With Lots of Coins Visit The Top Pick Visit Bitfinex eToro USA LLC; Investments are subject to market risk, including ...

Ontology is a next-generation, public, multi-chain platform that aims to provide a single, decentralized trust ecosystem through utilizing a decoupled distributed ledger architecture, combined with a decentralized trust framework. By implementing a series of protocol standards and decentralized management modules, Ontology creates an open and standardized platform that supports a multitude of industries and connects them to blockchain based services through an interactive and collaborative environment. This guide will go into detail about how Ontology works and also provides you the top exchanges to buy the native ONT token. Where to Buy Ontology ONT Coin This section is our top picks of where and how to buy the Ontology ONT Crypto token. We chose these based on our experience of using them and considered fees, security, payment options and reputation. Binance: Largest Crypto Exchange with Low Fees Kucoin:   Highly Regarded and Easy to Use for Beginners Gate:  Soli...

Dubai’s regulator of virtual assets, the Virtual Asset Regulatory Authority (VARA), has recently set out new rules on marketing and advertising virtual assets. The local regulators published a press release on Gulf News on Thursday, introducing new regulatory guidelines targeting crypto marketing activities. Dubai Looks to Increase Regulations Under the new regulations, all local virtual asset service providers (VASPs) and advertising platforms with virtual assets content, are required to make sure their ads are in compliance with the rules and clarify any promotional intent to customers. False, misleading, and manipulated promotional approaches are violations of the rules. All forms of outreach, communications and advertising, dissemination of information, building awareness, customer engagement, investor solicitation, and others concentrating on Dubai customers, fall beneath the VARA’s guidelines. To wit, “These regulations specifically address marketing and communications ...

Ethereum’s growth and its coming Merge are topics that capture a majority of crypto attention recently. Ahead of the special event, on-chain data has recorded an increase in holdings of on-exchange whale addresses. Merge: On-chain Recap Data from blockchain analysis firm Sentiment showed that the holding gap between non-exchange addresses and on-exchange addresses had bridged. Over the past 3 months, a number of whale addresses holding a large amount of ETH have sent their holdings onto exchanges. It resulted in a scenario where non-exchange wallets dropped 11% while exchange-based wallets increased by 78% . However, although on-chain data often have a certain lag with the market price reaction, this is also one of the reliable indicators for investors to refer to from which to make decisions. the best decision for yourself, especially in the quite sensitive scenario of Ethereum right now. Considering on-chain indicators could be great preparation for investors and traders, espec...

Klex, a new DeFi app operating in the Klaytn ecosystem, just went live . It is a liquidity and trading app that is similar to Balancer, but with some special features. DeFi holds incredible promise for the global financial system, and Klex is the newest part of the DeFi revolution. With the launch of the mainnet, trading and liquidity provisions will be live. People can use Klex to trade many kinds of assets, and also create and join liquidity pools. With this new platform, anyone can list a token. With the launch of Klex, there are many other offers that give users a way to earn tokens easily. There will be staking rewards, and a lot more to come from Klex. In addition to fast and secure transactions, Klex is working to boost liquidity for tokens that want to find investors. Klex is Here to Boost Liquidity DeFi, like any financial market, it all about liquidity. Klex allows users to choose specific weightings, or use a classic 50/50 weighting, like Uniswap-v2 style AMM. The syste...