According to the official twitter report of cowlab, TCOW has passed the torn distributed open source protocol,TCOW will establish a low threshold, high transparency, strong accessibility and inclusive point-to-point decentralized financial system.
In order to prevent fraud, the TCOW contract address is officially announced: TAp5LFZL32A62LnPEv8n7GmxceKSyLEKNM, with a total amount of 2100 million, 70% of which is used for DAPP application developer award, 15% for community incentive, 10% for global institutional investment, and 5% for technology operation and maintenance team award.
Recommended News
-
DEFI New Finance: New HS Network Coming Out
Digital currency is the product of block chain technology. Block chain (Blockchain) refers to the technical scheme of maintaining a reliable database collectively through decentralization and distrust. From the perspective of financial accounting, block chain can be regarded as a highly trusted network electronic account book with full node participation. With the deep application of block chain technology, the value of digital currency in the future will become increasingly prominent. HS Network is a block chain DEFI Token trading platform based on Ethernet technology. Built by the Global Ecological…
-
Why Bitcoin Is a Better Risk Bet Than a Stack of Penny Stocks
Bitcoin is getting boring at a time when annualized 30-day volatility as of Thursday’s close has seen a sharp downward dip, in a March with its own type of (weather) volatility. Source: CoinDesk Bitcoin Price Index To emphasize the point, have a look at the chart above, which shows the volatility of bitcoin daily returns for the past month. To be fair, I’m employing a little chart crime here, starting the y axis at 40% in order to accentuate the drop between March 24-25, as all but the last days of February have…
-
Can Decentralized Stablecoins Stabilize?
Decentralized finance (DeFi) idealists want to create perfectly free financial ecosystems that can’t be subverted by governments, corporations or regulators. They also want their decentralized nirvana to be equipped with stablecoins so users can be protected from price craziness. Therein lies the contradiction. J.P. Koning, a CoinDesk columnist, worked as an equity researcher at a Canadian brokerage firm and a financial writer at a large Canadian bank. He runs the popular Moneyness blog. Are decentralized anarchic systems, those that have no link to existing centralized institutions, capable of creating stability?…
-
Former US Senator Joins Binance as Policy Adviser and Government Liaison
Cryptocurrency exchange Binance has hired former U.S. senator and ambassador to China Maxwell Baucus as a government relations adviser. The exchange announced Thursday in a press release it had hired the long-term government official to provide guidance and advice to the firm and work with U.S. regulators. The move could signal a shift in Binance’s approach to the U.S. market, which it currently doesn’t serve directly. Baucus was an ambassador to China under former President Barack Obama between 2014 and 2017. Prior to that, he served in the U.S. Senate and…
-
4JNET is positioned to outperform Safemoon through a unique mechanism
Safemoon launched BSC on March 8, which rose by 200 times within less a month. That is to day, if RMB 10,000 is invested to buy Safemoon in March 3, you will have RMB 2,000,000 in April. It is pointed out that although Safemoon’s price has fallen to $0.000003, the investors may still expose to high risks if they buy Safemoon now. What can Safemoon be used for? The team frankly confessed that it is useless; if there must be one, it takes advantages of a unique mechanism to stimulate people to hoard…
-
Much Wow: Slim Jim Has a Dogecoin Strategy. News of It Sends DOGE to a New ATH
Smoked meat stick vendor Slim Jim has an actual official dogecoin (DOGE, +97.74%) strategy. And it appears to be working, big time. News of this tie-up, which CoinDesk broke earlier Thursday, sent the price of DOGE to a new record. The social media-savvy snack food saw its Twitter follower count increase 160% and tweet impressions soar to the moon (35 million impressions in 25 days) after it began engaging in Shiba Inu meme coin content last quarter, according to the CEO of parent company Conagra Brands. “We’ve seen a marked uptick in audience…
-
Wealth Managers Want Clarity on Bitcoin Rules: Reuters
Leuthold Group Chief Investment Officer Jim Paulsen told Reuters he is frustrated by not being able to hold bitcoin (BTC, +5.14%) for his clients. Leuthold Group manages $1 billion but regulatory barriers prevent the firm from holding cryptocurrency. “What I like about bitcoin is … its correlation to stocks and other assets is extraordinarily independent,” Paulsen told Reuters. In lieu of holding the asset itself, wealth managers are clamoring for the approval of bitcoin exchange-traded funds (ETFs) that would meet the legal standards required of traditional investments, according to the report. The U.S. Securities and…
-
NFL Player Taylor Rapp Is Launching an NFT to Fight Anti-Asian Hate
A young defensive back with the Los Angeles Rams is the latest pro athlete launching a non-fungible token (NFT), hoping to use the sale to raise money, and awareness, to combat the wave of anti-Asian hate crimes this year. Taylor Rapp, the free safety entering his third season in the National Football League, completely lacks the star power of a Rob Gronkowski or a Patrick Mahomes, marquee players who leveraged their splashy brands into multimillion-dollar NFT sales earlier this month. But the backfield starter, who said he’s been hustling with his co-creators for…
-
Oracle —— Helps blockchain interact with reality
The Blockchain world, the one trapped in the mid-air The biggest core innovation of blockchain is to solve the trust problem in a decentralized way, without the need to trust and rely on third-party institutions for value transfer. Among them, smart contracts play an important role. It is a set of contracts defined in digital form to help contract participants execute the agreement to complete tasks, saving time and tedious steps. However, it is precisely because of the consensus mechanism of the blockchain that the internal blockchain is a…
-
Bitcoin on the Balance Sheet? Corporate Buying Might Become a Global Trend
Bitcoin and ether (ETH, -0.73%) purchases by companies in Scandinavia and Hong Kong are fueling speculation a wave of non-U.S. corporate treasurers might follow MicroStrategy, Tesla and Square into buying cryptocurrencies, according to a new report by the Norwegian analysis firm Arcane Research. Hong Kong-listed Meitu, a maker of photo-retouching software, said it bought 15,000 ETH and 379 BTC (+3.58%) in open-market transactions last week. Arcane figures the company paid an average $47,230, well below the current market level of around $57,000. In addition, on Monday Aker, a Norwegian energy engineering company, added 1,170 BTC to its balance sheet, paying approximately…