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Within GameFi transformation in web3 lies the concept of Decentralized Autonomous Organizations, or DAOs, reforming the developing, playing, and governing of games. Here, every player has a voice that will be heard, decisions that will be made, and a vibrant community. This blog attends to the roles of DAOs in GameFi communities, how players are
Spot On Chain, a data provider, reported a big deal involving 4.5 million MATIC tokens, worth $3.81 million, sent to the SwissBorg crypto exchange. Hermez Network, owned by Polygon, made the transaction. They bought Hermez for $250 million in August 2021. People are curious about this because of concerns about how transparently Polygon Foundation distributes
Recently, the crypto market took a nosedive because of some news from Matrixport analysis, raising concerns about the approval of a Bitcoin Spot ETF. This caused many popular alternative cryptocurrencies to retract their steps, but experts think this downturn will likely be short-lived. They predict that several cryptos will bounce back stronger, reviving the enthusiasm
