Decentralized Payroll Management for DAOs
DAOs are one of the greatest inventions to emerge with the advent of decentralized technologies, which should be in the center of attention when it comes to governance, including payroll management. In a nutshell: DAOs are unique in that the company is self-reliant (autonomous) and there is no central governing authority (decentralized). They have emerged […]
Private Investment Vehicles: SAFEs vs. SAFTs
Investment vehicles refer to any method or instrument by which individuals or companies can invest and hopefully earn positive returns or interest. With the growing and evolving startup ecosystem, a variety of investment vehicles are offered, each with their own risks and benefits to suit specific markets, different investment motivations, specific financial goals, or liquidity […]
Web3 Democracy Touched by Chris Dixon
Chris Dixon has said “a new era of Internet companies that will be owned and operated by communities instead of owned and operated by corporations” in his latest interview. Although @cdixon explained “Why Web3 matters” (1) on 23rd September of 2021, some stuff didn’t get mentioned. In this interview, Chris Dixon hit the majority of Web3’s criticisms. Democracy […]
Florida Is Ready To Pay Taxes In Crypto
Following Colorado, which had decided to use cryptocurrencies to pay taxes, New York and Wyoming, where lawmakers have been very supportive of using cryptocurrencies in their jurisdictions, Florida is also ready to welcome innovative changes. Paying Taxes in Crypto Florida, the State which has been preparing to be a hub for crypto activities, has announced […]
Malaysia Does Not Accept Bitcoin As a Legal Tender
Malaysia Deputy Minister of Communications and Multimedia, Zahidi Zainul, on Monday, March 21, took a step forward to recognize Bitcoin and other crypto-assets as legal tender following El Salvador. He mentioned that these innovative actions would support the youth and make them contribute and participate in this industry since the blockchain industry significantly increased among […]
Litmus Test For Crypto Platforms: Differentiating Cryptocurrencies and Securities
The rapid development of blockchain technologies has brought many use cases in the train and consequently required scrutiny of governmental bodies. Even though most countries (including the United States) have not enacted comprehensive legislation on blockchain and digital assets, general rules remain applicable while determining that blockchain-related activities are legitimate. At the moment, various digital […]
Could Social Tokens Be a New Revenue Model for The Near Future?
This article discusses social tokens, what they are, and why they’re crucial to the future of business. Several other terms are being discussed – social token, creator coin, community token – all refer to the same thing. With social tokens, creators have an opportunity to have new revenue models, and communities of fans for creators […]
What Is a Dual-token Economy?
The dual-token economy, also known as the two-token economic model, is a term for crypto projects that combine two different types of tokens in their ecosystem. This model is known for its methods of avoiding compliance issues, avoiding volatility, and splitting the project’s ecosystem into two tokens for effective use. Three formats of dual-token projects […]