Daily 10: $120M for Waves’ New Blockchain Project, World’s Largest Mobile Phone Operator Welcomes Crypto Startup

December 21, 2018



As workplaces and political institutions begin to clock-off for the festive season, development teams within the crypto and blockchain ecosystem continue to work as profusely as ever. Just in the past day or so, we’ve seen a heap of project-specific news take place.


To help you stay on top of it all, I pieced together a 20-part thread. Can’t be bothered looking through the whole thing? All good! Below, I’ve put what I considered the ten most noteworthy inclusions. Enjoy!


[1] Waves (WAVES) secured a $120M funding round to launch its private blockchain platform and system integrator, Vostok (VST). 3% of VST will be airdropped to WAVES holders – partially explaining the recent surge in the token’s value. Vostok’s second funding round is expected in early 2019.


[2] IoTeX (IOTX) joined the ‘China Mobile IoT Alliance’, a union of IoT-focused technology companies and enterprises. IoTeX was the first blockchain company invited to join the alliance. A big deal for IoTeX, with China Mobile being the world’s largest mobile phone operator!


[3] 0x (ZRX) became the first protocol featured through Coinbase Earn, a new Coinbase initiative that gives crypto enthusiasts sufficient knowledge to use emerging technologies. 1,600,000 ZRX was allocated from 0x’s external development pool for this initiative. 100% of these tokens will be distributed to Coinbase Earn participants. Coinbase acquired Earn.com (a company that lets people earn money for replying to emails and completing tasks) for over $100M in April. Coinbase Earn appears to be leveraging various elements of the Coinbase subsidiary.


[4] Brave Software, an innovative privacy browser combined with a blockchain-based digital advertising platform, announced that it had joined AdLedger, a non-profit R&D consortium building and implementing the blockchain standards for digital advertising.


[5] San Francisco-based crypto investment and infrastructure platform Layer1 announced the closing of a $2.1M seed round! Investors include PayPal co-founder Peter Thiel, Digital Currency Group (DCG), and Jeffrey Tarrant. Layer1 is currently deeply involved with Grin, an implementation of the MimbleWimble protocol that is anticipated to launch early next year.


[6] Quant Network (QNT) partnered with AI-powered decentralized investment and financing ecosystem, AllianceBlock (ALC). Quant’s flagship blockchain operating system (OS) solution, Overledger, will help AllianceBlock leverage many blockchains and create multi-chain token swaps.


[7] Max Bronstein (Marketing Manager, Dharma Labs) pieced together a terrific blog post detailing the emergent crypto debt markets. Several parts currently being worked on. We’re talking blockchain-powered central banking (e.g., MakerDAO), crypto asset lending (e.g., Genesis Capital Trading, Bitfinex, BitMEX, Dharma Protocol), money markets (e.g., Compound), and proof-of-stake bond yields (e.g., Vest, Staked, and Bison Trails). Am looking forward to tracking this subsector throughout 2019!


[8] Circle’s cryptocurrency exchange Poloniex listed Numerai (NMR), Polymath (POLY) and Livepeer (LPT). Poloniex’s listing marks the first for the native token of Livepeer, a blockchain-based decentralized live-streaming platform.


[9] Major blockchain platform NEO (NEO) introduced the 3D virtual NEOLAND. Launching soon, the blockchain-based game is a collaboration between NEO and NeoWorld. The NEO token will be the only crypto token used.


[10] At long last, ICON (ICX) published part three of its Yellow Paper! In it, the ICON Foundation detail its ICON Incentives Scoring System (IISS), an AI-based assessment system that accurately measures one’s contribution to the ICON Network.


Want to see all 20 parts of today’s thread? All you have to do is click through down below.


I compose threads like these several times a week. Following @mwill_crypto will allow you to read them hot off the press. If you loathe a clogged feed then, by all means, give me the flick and follow @NuggetsNewsAU instead. They actually do interviews and what not. Whereas I…well I just tweet about them!

Nugget’s Crypto Community