Token economy

MVL Announces Successful Completion of the First Buyback Program Led by CEO Kay, Woo

Retrieved on: 
Thursday, February 15, 2024

MVL, a blockchain platform for mobility, has announced the successful completion of its first MVL recirculation (buyback) program, aimed at expanding its new ecosystem and led by CEO Kay, Woo

Key Points: 
  • Seoul, South Korea--(Newsfile Corp. - February 15, 2024) - To address the latest approach, MVL set to revolutionize the token economy with successful completion of the first Buyback program.
  • The program utilizes the profits of the mobility business to buy MVL tokens from the market and distribute the tokens among token holders.
  • The MVL foundation bought back a total of 228,703,423 MVL tokens worth US $1million through the global exchanges during the buyback program that ran from December 12, 2023 to January 31, 2024.
  • The community will receive these tokens through MVL staking, a program that allows any MVL token holder to participate.

Space Nation Online Boosts Its Web3 Universe with AI Innovations for an Unmatched, Fun-First Gaming Experience

Retrieved on: 
Wednesday, February 7, 2024

Space Nation Inc., a pioneering force in the entertainment industry, has unveiled its much-anticipated roadmap for the 2024 launch of its flagship game, Space Nation Online .

Key Points: 
  • Space Nation Inc., a pioneering force in the entertainment industry, has unveiled its much-anticipated roadmap for the 2024 launch of its flagship game, Space Nation Online .
  • The upcoming year promises a slew of exhilarating developments for this space opera MMORPG, starting with a significant enhancement to its Web3 universe — augmented by AI.
  • In alignment with this commitment, the team welcomes all sci-fi, gaming, and Web3 enthusiasts to participate in the upcoming summer soft launch of Space Nation Online.
  • For the latest information on Space Nation Online and the universe built around it, please visit https://spacenation.online .

LBank Exchange Amplifies Blockchain Accessibility with FINSCHIA (FNSA) on December 14, 2023

Retrieved on: 
Wednesday, December 13, 2023

Users of LBank Exchange can brace themselves for the FNSA/USDT trading pair, which will go live at 6:00 UTC on the slated date.

Key Points: 
  • Users of LBank Exchange can brace themselves for the FNSA/USDT trading pair, which will go live at 6:00 UTC on the slated date.
  • FINSCHIA (FNSA), evolving from its predecessor, the LINE Blockchain since 2019, aims to be the world's leading blockchain ecosystem with the ambition of popularizing Web3 and reaching over 1 billion users.
  • As a public mainnet, Finschia continues the vision and mission of LINE Blockchain, focusing on essential service growth, increasing token demand, and adhering to the principles of the Finschia Token Economy 2.0.
  • LBank Exchange is thrilled to announce the upcoming listing of FINSCHIA (FNSA), a pioneering project in the blockchain space, designed to address the key challenges hindering widespread adoption of blockchain technology.

Polychain Capital and Hack VC Lead $18 Million Funding Round for Bitcoin Staking Protocol Babylon

Retrieved on: 
Thursday, December 7, 2023

The round was co-led by Polychain Capital and Hack VC , with participation from Framework Ventures , Polygon Ventures , Castle Island Ventures , OKX Ventures , Finality Capital , Breyer Capital , Symbolic Capital , IOSG Ventures and many other investors.

Key Points: 
  • The round was co-led by Polychain Capital and Hack VC , with participation from Framework Ventures , Polygon Ventures , Castle Island Ventures , OKX Ventures , Finality Capital , Breyer Capital , Symbolic Capital , IOSG Ventures and many other investors.
  • Babylon’s Bitcoin Staking Protocol provides a way for PoS chains to introduce Bitcoin as a staking asset.
  • In July this year, Babylon published a litepaper outlining its pioneering concept of native trustless Bitcoin Staking.
  • In 2022, Babylon successfully concluded its initial seed funding round, securing investments from IDG, DHVC, Breyer Capital, and other contributors.

Zokyo Unveils Zokyo Econ Lab: A New Era in Token Economics Optimization and Compliance

Retrieved on: 
Thursday, December 7, 2023

This new division is dedicated to assisting blockchain companies in optimizing their token economics, aligning them with both industry and regulatory standards across various jurisdictions.

Key Points: 
  • This new division is dedicated to assisting blockchain companies in optimizing their token economics, aligning them with both industry and regulatory standards across various jurisdictions.
  • Zokyo Econ Lab specializes in driving exceptional growth at the forefront of blockchain innovation, including ecosystems, protocols, foundations, and DAOs.
  • With expertise in mathematical analysis, Zokyo Econ Lab designs comprehensive token models to maximize value and ensure sustainable growth.
  • By scrutinizing distribution, utility, governance, and incentives, Zokyo Econ Lab identifies and capitalizes on optimization opportunities.

Yay! released "YAY White Paper" to reveal its tokenomics for the SocialFi

Retrieved on: 
Wednesday, November 8, 2023

TOKYO, Nov. 8, 2023 /PRNewswire/ -- nanameue, Inc., a leading company of the democratizing social media from Japan, announced today the release of "YAY White Paper" explaining Yay!'s tokenomics created using the unique cryptocurrency "YAY". With this, they aim to foster a future where people can seamlessly utilizes tokens in Yay! community, thus realizing own SocialFi ecosystem.

Key Points: 
  • Yay!
  • Yay!
  • platform, allowing both experienced users who have been involved in DeFi(Decentralized Finance) and users who are new to crypto-currency to contribute in community in Yay!
  • Celebrating the release of the YAY White Paper, the following campaign will be held in the Yay!.

Yay! released "YAY White Paper" to reveal its tokenomics for the SocialFi

Retrieved on: 
Wednesday, November 8, 2023

TOKYO, Nov. 8, 2023 /PRNewswire/ -- nanameue, Inc., a leading company of the democratizing social media from Japan, announced today the release of "YAY White Paper" explaining Yay!'s tokenomics created using the unique cryptocurrency "YAY". With this, they aim to foster a future where people can seamlessly utilizes tokens in Yay! community, thus realizing own SocialFi ecosystem.

Key Points: 
  • Yay!
  • Yay!
  • platform, allowing both experienced users who have been involved in DeFi(Decentralized Finance) and users who are new to crypto-currency to contribute in community in Yay!
  • Celebrating the release of the YAY White Paper, the following campaign will be held in the Yay!.

GoMining Launches New VeTokenomics, Empowering DeFi Users

Retrieved on: 
Wednesday, August 23, 2023

The highly anticipated liquid bitcoin hashrate (LBH) protocol, which has been widely discussed on the company's social media networks, has been successfully implemented and is now accessible to all GoMining users.

Key Points: 
  • The highly anticipated liquid bitcoin hashrate (LBH) protocol, which has been widely discussed on the company's social media networks, has been successfully implemented and is now accessible to all GoMining users.
  • As stated by CEO Mark Zalan, this decision will have a profound impact on the infrastructure, granting users access to actively influence its development through the veGomining governance model.
  • The concept draws inspiration from the Liquid Staking narrative, allowing users to freely engage in mining while utilizing tokens that represent their locked stake in the network validator.
  • By underscoring accessibility, transparency, and diversified yield options, GoMining is taking serious strides in the realm of DeFi systems.

GoMining Launches New VeTokenomics, Empowering DeFi Users

Retrieved on: 
Wednesday, August 23, 2023

The highly anticipated liquid bitcoin hashrate (LBH) protocol, which has been widely discussed on the company's social media networks, has been successfully implemented and is now accessible to all GoMining users.

Key Points: 
  • The highly anticipated liquid bitcoin hashrate (LBH) protocol, which has been widely discussed on the company's social media networks, has been successfully implemented and is now accessible to all GoMining users.
  • As stated by CEO Mark Zalan, this decision will have a profound impact on the infrastructure, granting users access to actively influence its development through the veGomining governance model.
  • The concept draws inspiration from the Liquid Staking narrative, allowing users to freely engage in mining while utilizing tokens that represent their locked stake in the network validator.
  • By underscoring accessibility, transparency, and diversified yield options, GoMining is taking serious strides in the realm of DeFi systems.

Medifakt: Empowering Healthcare through Decentralized Blockchain Technology

Retrieved on: 
Tuesday, July 18, 2023

TALLINN, Estonia, July 18, 2023 /PRNewswire/ -- Medifakt, an enterprise-level Decentralized Healthcare Ecosystem, uses a combination of Blockchain, the IoT, and ML to enhance the security of the collected data through IoT devices and feed them to a decentralized network. It is working on an enterprise-grade blockchain platform tailored to the sector's regulatory, operational, and market needs. The project's primary aim is to securely share medical information and data with complete traceability, aggregation of medical information from multiple sources, and utilize medical information for Big Data Analytics.

Key Points: 
  • "Medifakt is an enterprise-grade blockchain platform tailored to the healthcare sector's regulatory, operational, and market needs"
    TALLINN, Estonia, July 18, 2023 /PRNewswire/ -- Medifakt, an enterprise-level Decentralized Healthcare Ecosystem, uses a combination of Blockchain, the IoT, and ML to enhance the security of the collected data through IoT devices and feed them to a decentralized network.
  • Medifakt is a project developed by AKT Health , a healthcare consulting firm with capabilities in Clinical research, commercial strategies, and consulting.
  • Interakt , is a Blockchain-based technology firm building multiple projects in decentralized space including CeFi, DeFi Exchanges, Dapps, and gaming.
  • "Patient Healthcare records/data are one of our most valuable digital products that healthcare systems process and one of the most complex.