Stories by Reza Jafery
What Is 'TapSwap'? The Telegram Game, TAPS Token, and Airdrop Details
TapSwap is a Telegram tap-to-earn game that's building on The Open Network (TON), reportedly drawing over 60 million users amid a surge in interest in similar games like Notcoin and Hamster Kombat. While the basic premise is familiar, TapSwap offers another way for Telegram gamers to potentially earn some crypto while playing, following TapSwap's announcement that it will be launching a token on TON. With the token launch and airdrop window now set, players have only weeks left to make more prog...
What Are Prediction Markets? Understanding How MYRIAD Works
Decentralized prediction markets such as MYRIAD, launched by Decrypt and Rug Radio, have rapidly gained traction in recent years, enabling users to bet on the outcomes of events such as the U.S. Presidential election. So what are decentralized prediction markets, and how do they differ from conventional prediction markets? Read on to find out. What are prediction markets? Prediction markets have existed in one form or another since the 16th century. They allow users to speculate and bet on the o...
What Are Coin Mixers and How Do They Work?
Coin mixers have captured the attention of both the cryptocurrency community and regulators as the battle for privacy ramps up. In 2021, the founder of coin mixer Bitcoin Fog was arrested on charges including money laundering and operating a money transmission business without a license. A year later, the U.S. Treasury Department issued sanctions against Tornado Cash, an Ethereum coin mixing service, effectively banning Americans from using it. In a landmark ruling in November 2024, the U.S. Fif...
What Is 'W-Coin'? The Telegram Tap-to-Earn Game and Airdrop Details
W-Coin is a Telegram-based tap-to-earn game that has been on the horizon for several months now. It sets itself apart from its competitors with a couple variations from the standard tap-to-earn model, which anyone paying attention to the Telegram gaming ecosystem has become very familiar with over the course of this year. According to the W-Coin community channel on Telegram, the game has amassed 37 million users to date, and is finally gearing up to launch its token on The Open Network (TON) a...
What Is 'Hamster Kombat'? The Hit Telegram Game, HMSTR Token, and Season 2 Plans
Are hamsters fighting now? Not exactly—but while Hamster Kombat’s title might be a little misleading, this Telegram-based tapping game quickly became a dominant leader in the play-to-earn space by expanding upon Notcoin’s winning model. Hamster Kombat racked up over 300 million total players before launching its HMSTR token and airdrop for players via The Open Network (TON) in late September 2024. It became one of the year's biggest gaming token launches, based on the peak value. But Hamster Kom...
How Vanta DAO is Building Decentralized Governance
After years of operating as a traditional investment syndicate, Vanta is in the process of transitioning into a fully decentralized autonomous organization (DAO). As it embarks on the path to progressive decentralization, it’s seeking to preserve the cooperative spirit of its origins while avoiding the common issues and challenges encountered by other investment DAOs. How Vanta DAO is Making its Members ‘Owner-Operators’ To that end, Vanta has teamed up with Decent DAO, a DAO consultancy and pla...
dGEN1 Mobile Device Launches for ‘Seamless’ Onchain Ethereum Transactions
Freedom Factory has announced the launch of the dGEN1, a mobile device designed to make onchain crypto transactions more accessible. Set to ship in Spring 2025; the dGEN1 is positioned as an everyday carry (EDC) device that lets users interact with decentralized applications (dapps) without the need for third-party intermediaries or hidden fees. Introducing dGEN1 The first onchain every-day carry pic.twitter.com/E1SDAraXqJ — ethOS (@EthereumPhone) October 17, 2024 “Crypto is no longer confined...
Realm of Historia Making History ‘Accessible’ With First NFT Collection
Realm of Historia, a platform dedicated to preserving cultural heritage with blockchain, is expanding its global reach with the launch of its first NFT collection, centered on Armenia's ancient Carahunge site. The aim is ultimately to build a “comprehensive digital archive of our shared human history,” Realm of Historia Co-Founder Ivan Krylov explained in a recent interview. 1 | Realm of Historia is revolutionizing the way we protect the world's invaluable cultural heritage. By leveraging block...
How Raisebase is Raising the Bar for Investment DAOs Everywhere
Raisebase, a platform and dashboard designed for investment syndicate Vanta DAO, is on the verge of pushing an update that aims to drastically improve the experience and efficiency of participating in any investment DAO or syndicate. The Raisebase platform was created for Vanta DAO, but its founders plan to white-label it for others after the release of its next update. Investors holding an NFT that provides gated access to a DAO using Raisebase gain access to an all-in-one dashboard that provid...
Securing Investment DAOs: How Vanta Protects Investors’ Funds
Investment DAOs are a unique type of decentralized autonomous organization in which users pool their funds to make investments as part of a syndicate. That creates an obvious sticking point for potential members—how do you trust your funds to an organization made up of anonymous members, spread around the globe? With rugpulls and fraud rife in the crypto sector, investment DAOs need to go the extra mile to reassure investors that their funds are secure and that checks and balances are in place,...
WhoMadeWho, Da Capo to Headline Token2049 Closing Event After2049
After2049, the closing event for the Token2049 conference in Singapore, has revealed the headline acts for its show on Friday, September 20. Award-winning trio WhoMadeWho, known for their appearances at Burning Man, Sonar, and Roskilde, will make their Singapore debut, joined by South African DJ and producer Da Capo, and Hong Kong artists Leon, Milam, and Mo-Shi. 2 weeks to go: AFTER 2049 presents WhoMadeWho & Da Capo - 20 Sep 2024 The most iconic Singapore Pre-Formula 1 GP party, #AFTER2049, r...
Dappslap Lets You Create Dapps in “Just a Click” With AI Prompts
A new token launchpad on Solana will enable users to create decentralized applications (dapps) using just an AI prompt. Launching on September 10, dappslap is a “marketplace for ideas,” founder Troy Murray told Decrypt. https://t.co/T2WrkqD46o is live. Launch a dApp with one click. Currently live on @solana. $SOL pic.twitter.com/ZYDuokwfLk — dappslap.ai (@dappslap) September 5, 2024 Users can quickly launch a dapp using an AI prompt, and if the dapp escapes a bonding curve, the prompt gets put...
What Is an Investment DAO?
Over the past few years, Decentralized Autonomous Organizations (DAOs) have become commonplace in cryptocurrency. Whether you discovered crypto through meme coins, NFTs, or DeFi, chances are you’ve interacted with a DAO somehow. DAOs are organizational structures for businesses or communities where control is spread via the distribution of tokens rather than hierarchy. They’re typically online communities focused on a specific goal. DAOs take many forms; some are light-hearted, like a group of s...
How Crypto Exchanges are Evolving Transparency
For cryptocurrency exchanges holding digital assets on behalf of customers, trust and transparency have never been more important. Maintaining user trust is “crucial in reassuring users that their funds are safe and backed,” a spokesperson for crypto exchange Gate.io told Decrypt, “especially in light of past incidents where other exchanges mismanaged user funds.” In the past, exchanges and banks haven’t always kept 1:1 reserves for the user deposits made on their platforms. In the event of a li...
UNFK Gives Artists $10,000 for ‘Community Prank’ Mocking Gary Gensler
Meme-powered movement for change UNFK has given away $10,000 in SOL tokens to artists in its first “community unlock,” following a recent meme competition poking fun at U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. The “community prank” competition awarded $10,000 in prizes to people for memes that “Give Gensler the Finger” with the hashtag #FireGensler. Judged by NFT collector Cozomo de’ Medici, the competition had such a large turnout that it dominated the hashtag’s search...
What is PolitiFi? The Wave of Political Meme Coins
The cryptocurrency industry is a diverse place, encompassing everything from serious projects with lofty goals like “banking the unbanked” to light-hearted and sometimes satirical meme coins. Meme coins have been around since Dogecoin, but have captured increasing attention as the industry matures. One of the latest developments in the space is PolitiFi—meme coins that offer a unique blend of political satire and financial nihilism. If one were to wax poetic, one might say that PolitiFi is a soc...
What Is a VPN? Protecting Your Online Privacy
Maintaining your privacy and security online is more vital than ever in our increasingly online world. One of the key tools used by internet users to protect their privacy are Virtual Private Networks, or VPNs. They are commonly used by those in the crypto space to enhance their privacy while transacting in cryptocurrency—but they’re also used to skirt local laws, particularly geographic restrictions on crypto and decentralized finance (DeFi) tools. What are VPNs? A Virtual Private Network is a...
Substack Adds Live Polymarket Odds as Wagers Skyrocket
Polymarket, the popular crypto prediction market, announced yesterday that it has launched “Polymarket Embeds” in partnership with the publishing platform Substack, as well as starting its own Substack publication called “The Oracle.” The integration allows Substack writers to embed Polymarket market wagers into their posts, which display live results. Writers covering the Paris Olympics, for example, can include markets relating to the events they are covering and which athletes have the best o...
How Vanta DAO is Making its Members ‘Owner-Operators’
Investment syndicate Vanta DAO is giving ownership of its million-dollar business to its DAO members, a process that will turn them into “owner-operators.” “When the organization is returned to the NFT holders, we're able to have that owner mentality where we are trying to push forward, we're trying to find new deals, we're trying to become owner-operators of it [ourselves],” Vanta DAO member Jax Dwyer told Rug Radio’s FOMO Hour show. Originally a private investment syndicate founded by Josh Fie...
UNFK Launches Crypto Movement to Prank Big Banks and Corporations
This is Decrypt’s second attempt to interview “Love Pirate and Mystic” Gunnar Lovelace; the first was canceled because he accidentally ate chocolates that he’s “pretty sure” were laced with magic mushrooms. “I was knocked on my ass,” he said. That’s fitting, since Lovelace’s latest project is aiming to knock banks, big business and financial institutions on their collective ass. UNFK (short for “United For Kindness”) is a merry band of pranksters that’s already made waves at crypto conference Co...
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