VC Firm Chiron Raises $50 Million for Terra Blockchain Projects

Hong Kong-based venture capital firm Chiron has announced that it raised $50 million to back projects on the Terra blockchain. According to the company, the funds will help boost “decentralized finance applications, metaverse-linked non-fungible token (NFT) platforms, and more.” Growth of the Terra Ecosystem Terra is a Defi protocol that relies on fiat-pegged stablecoins to […]

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Whales Could Be Preparing For Crypto Crash As Stablecoins Spike to ATH

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. CryptoQuant’s stablecoins index shows that the total redeemed supply of all stablecoins reached an all-time high of just over $5 billion last week. This could be an indication that some whales are cashing out […]

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NFTs Risk Being Used For Unpopular Microtransactions By Gaming Corporations

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Ubisoft is the first company to release a triple-A game where in-game assets are tradeable NFTs. Unfortunately, the reception was a catastrophic failure. Brief Recap of Gaming Monetization For the bulk of the video […]

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