Curve DAO Token

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Less than two days after the earlier reports of ContitutionDAO’s PEOPLE token hitting an all-time high of $0.02, it has now reached a new ATH of $0.16.
Brief History of ConstitutionDAO
ConstitutionDAO was formed on November 11, when a group of crypto enthusiasts met on Zoom with a common goal of raising funds in order to secure the purchase of a rare copy of the US constitution that was to be sold at Sotheby’s auction on November 19.
In anticipation of the auction, the DAO raised more than $45 million in ETH from over 17,000 donors, but in the long run, could not secure the constitution copy after losing out to anti-crypto Citadel CEO Ken Griffin during the auction.
Despite having enough funds to secure the constitution, according to the calculated guesses of several analysts, the DAO was unable to do so for the fact that they’d have paid nearly a million dollars of contributor money, in gas fees, and even some more for transporting the constitution.
PEOPLE Token On The Rise
Meanwhile few days after losing out at the auction, the DAO announced it was closing up shop and said that all donors could claim their Ethereum refunds in exchange for the PEOPLE tokens they got when they contributed. And according to Coinmarketcap data, PEOPLE was worth about $0.004, at the time of closure.
Data from Dune Analytics also indicates that nearly 55.28% of the total supply of 4,565,078,206 PEOPLE tokens has already been returned as of the time of putting to get her this post. But there’s a setback.
Refunds aren’t exactly going as smoothly as planned. Just in the same way users had to suffer high gas fees to donate their Ethereum to the pool, they’re now facing a similar situation in receiving the refund.
Now, despite the fact that ConstitutionDAO may have truly come short of expectations after the fundraising, but it’s obvious that the value of PEOPLE continues rising. Just yesterday alone, even OKEx — the crypto exchange, announced that it is will now be listing the token, having become a community-owned token.
 
The post ConstitutionDAO PEOPLE Token Continue To Rise Amid DAO Closure appeared first on Coingape.


Less than two days after the earlier reports of ContitutionDAO’s PEOPLE token hitting an all-time high of $0.02, it has now reached a new ATH of $0.16. Brief History of ConstitutionDAO ConstitutionDAO was formed on November 11, when a group of crypto enthusiasts met on Zoom with a common goal of ...

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ConstitutionDAO PEOPLE Token Continue To Rise Amid DAO Closure

The technical chart of the CRV token indicates an overall uptrend. The token has recently been through a retracement phase, and its price is experiencing decent support from the $3.68 support. The price is currently trying to break out from a bullish in the 4-hour time frame, and its completion should act as great confirmation for a bull rally. 
Key technical points:

The CRV token price obtains strong support from the 50-day EMA line
The CRV token daily chart shows a striking dip in the RSI value
The intraday trading volume in the CRV token is $577 Million, indicating a 144% gain


Source- CRV/USD chart by Tradingview
The CRV token indicated a remarkable rally in its chart, which made a high of $5.5 mark. The token price was rejected from this new swing high, resulting in a minor correction phase. The CRV price plunged to the crucial chart level of $3.6 to obtain proper support from this level.
As for today, this token displays some buying pressure at this level by forming a bullish engulfing candle. This huge green candle has swollen almost two weeks of trading activity, indicating an intraday gain of 17.3%.
The Relative Strength Index value at 57 sustains a bullish sentiment for this token. However, for this minor pullback, the RSI value has dropped more than what’s expected, indicating weakness in this rally.
CRV/USD Chart In The 4-hour Time Frame

Source- CRV/USD chart by Tradingview
During the retrenchment phase, the CRV token resonated in a falling parallel channel pattern. The token price is currently trying to breach the overhead resistance trendline, which should provide an excellent entry opportunity for crypto traders if the price sustains this breakout.
The MACD indicators show its both the MACD and signal line are on the verge of crossing above the neutral zone, providing a great confirmation for market buyers.
 
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The post Curve Dao Price Analysis: The Recent Price Correction May Have Stabilized The CRV Token To Resume Its Rally  appeared first on Coingape.


The technical chart of the CRV token indicates an overall uptrend. The token has recently been through a retracement phase, and its price is experiencing decent support from the $3.68 support. The price is currently trying to break out from a bullish in the 4-hour time frame, and its completion s...

Curve Dao Price Analysis: The Recent Price Correction May Have Stabilized The CRV Token To Resume Its Rally 

Last week, the popular Tezos-based non-fungible token (NFT) marketplace Hic et nunc discontinued its services following the market’s rise into the top twenty NFT marketplaces by sales volume. After the market’s founder Rafael Lima stepped back, the community decided to take the project into their own hands and has begun transitioning Hic et nunc into a decentralized autonomous organization (DAO).
Tezos Community Bands Together Around NFT Marketplace Mirror
On November 14, Bitcoin.com News reported on the Tezos fueled NFT marketplace Hic et nunc shutting down its services. At the time, Hic et nunc’s founder Rafael Lima explained on Twitter that Hicetnunc.xyz was now “discontinued.”
The founder’s Twitter handle “@hicetnunc2000” also left a message on social media that shared the market’s smart contract address. At the time, users were extremely confused about the situation and speculation started to rise.
Days later, it seems the Hic et nunc has banded together around a clone of the original marketplace called “Hicetnunc.art.” Statements sent to Bitcoin.com News detail that the founder Rafael Lima has decided to step back and leave the project in the hands of the community.
The announcement discloses that the original website is still unavailable and “still remains in the hands of the founder and developer.” As the Tezos community banded together around the mirror, the Tezos infrastructure provider Teztools is now the “caretaker” of the Hic et nunc smart contract until a DAO is functional.

Hic et Nunc Founder Lowers Fees to the Lowest Level the Smart Contract Will Permit
Furthermore, Lima has lowered the platform’s fee to 1%, according to recent statements. “Hic et nunc founder Rafael Lima has been in communication with some of the admin team and reduced the existing HEN contract fee to 1%,” the hicetnunc-community Twitter account wrote. “In turn, DNS.xyz have transferred the ownership of the mirror Hicetnunc.art to the community care of Teztools.”
Moreover, the generative artist and creative coder, Matt DesLauriers, published a blog post about the subject on November 13, called “Hicetnunc and the Merits of Web3.”
In the blog post, DesLauriers explained that despite the original Hic et nunc website shutting down, “its users and their content are able to transition seamlessly to alternative platforms and online spaces, because the website was merely acting as a thin interface atop the decentralized blockchain contracts and peer-to-peer file hosting.”
What do you think about the Tezos community banding together around a Hic et nunc mirror and the community transitioning the project into a DAO? Let us know what you think about this subject in the comments section below.



























Last week, the popular Tezos-based non-fungible token (NFT) marketplace Hic et nunc discontinued its services following the market&#x2019;s rise into the top twenty NFT marketplaces by sales volume. After the market&#x2019;s founder Rafael Lima stepped back, the community decided to take the proj...

news.bitcoin.com

Tezos NFT Market Hic et Nunc Returns After Founder Steps Back, Begins Transition to DAO

  
The US Securities and Exchange Commission (SEC) has halted registration for a pair of digital tokens offered by Wyoming-based decentralized autonomous organization (DAO) American Cryptofed.



In a statement, the financial regulator accused the company of providing misleading information to investors in its regulatory filings. The SEC said that American Cryptofed “filed a materially deficient and misleading” form when it submitted an S-1 requesting registration for the Locke and Ducat tokens in September. Locke was to be used for governance, while Ducat would have been for transactions.  



The SEC also said the submission failed to “contain certain required information about the two tokens as well as about American CryptoFed’s business, management, and financial condition, including audited financial statements.” The regulator also found that the form had “inconsistent statements” about whether or not the tokens were securities. 



Cryptofed response



Meanwhile, American Cryptofed CEO Marian Orr took issue with the SEC’s view that the tokens are securities. She said the company had been trying to discuss the issue with the SEC when the agency refused to respond to the firm’s rebuttal in October.



“The purported ‘deficiencies’ the SEC referred to were the lack of attributes inherent to securities,” Orr said. “These are attributes that the two tokens (Locke and Ducat) of a decentralized blockchain-based CryptoFed DAO monetary system will never have.”



CryptoFed touts itself as the first legal DAO out of Wyoming. This occurred after the state passed a heavily contested law allowing DAOs to seek state charter and official recognition as limited liability companies.



A more cooperative SEC



The frustrations expressed by the executive were anticipated by SEC Commissioner Hester Peirce, who believes the regulator should be more cooperative with crypto firms. She had told the Wall Street Journal that the SEC should take a more active role to collaborate with crypto firms. Otherwise, the process of complying with SEC rules would be “tremendously hard” for startups, Peirce emphasized.



She also acknowledged that a lack of clearer guidance on the part of the regulator had often kept potentially sympathetic firms at bay, lest they fall afoul officially. “I think a lot of people are avoiding trying to build things in the SEC space precisely because it’s so difficult to navigate that,” Peirce said.
  The post SEC Halts Crypto Token Registration for Wyoming DAO appeared first on BeInCrypto.


The SEC has halted registration for a pair of digital tokens offered by Wyoming-based decentralized autonomous organization (DAO) American Cryptofed.
The post SEC Halts Crypto Token Registration for Wyoming DAO appeared first on BeInCrypto.


beincrypto.com

SEC Halts Crypto Token Registration for Wyoming DAO

As we have seen with other protocols in times past, the Ethereum Name Service protocol is also rewarding some early birds on the protocol with an airdrop for its new ENS DAO token. The popular Ethereum Name Service protocol, typically issues nonfungible tokens NFTs that can serve as both Ethereum addresses and web domains.
Ethereum Name Service Protocol Distributes Massive Airdrop
Ever since decentralized exchange Uniswap awarded its users with a retroactive airdrop towards the end of 2020, it has somewhat become the norm all through 2021. Members of the ENS community have been waiting eagerly for this, and now the resulting airdrop has translated to an immediate five-figure remuneration for many holders. That’s not all, for those who might have registered many ENS addresses to many wallets, this could mean a whopping six-figure airdrop.
A total of 25 million tokens were distributed by ENS and the token is presently trading for $85 on a number of exchanges.
ENS token distribution chart. Source: ENS
Meanwhile, although the claims process for the ENS tokens already started since 7 p.m. on November 8, all qualified domain holders must claim theirs no later than May 4, 2022.
Those That Missed Out On ENS Can Keep Hopes Alive
For those that lost out on the ENS goodies this time, probably as a result of their skepticisms, there just might be hope though.
One simple thing to do is to keep using the protocols that are operational today and keep their fingers crossed. It is almost a certainty that the decentralized web rewards its actual users for their time and efforts, keyword being ‘actual’. While some of these protocols may issue tokens in the future, others probably would not. According to a spreadsheet document that’s been making rounds, some projects have been rumored to possibly do the token thing, including those on alternate blockchains like Terra, Solana, and Polkadot.
There have also been reports that MetaMask is already weighing its options on the token matter.
Another place to look would be with the undisputed reigning champion of NFT platforms, OpenSea. Meanwhile, Coinbase, FTX and a host of other big names have also announced plans for their own NFT platforms. But with many startups springing up and taking off the market share, a token may be the only way to ensure that users stay, especially in an ever increasingly competitive market as we have it.
In conclusion, it’s safe to say that just about any crypto project that doesn’t already have a token, will. Possibly even those claiming they won’t drop one.
The post Ethereum Name Service ‘ENS’ Adopters Get Massive Airdrop Rewards, Possible Hopes For Those Who Missed Out appeared first on Coingape.


As we have seen with other protocols in times past, the Ethereum Name Service protocol is also rewarding some early birds on the protocol with an airdrop for its new ENS DAO token. The popular Ethereum Name Service protocol, typically issues nonfungible tokens NFTs that can serve as both Ethereum...

Curve DAO Token price	$4.83
Low - High 24H	$4.63 - $5.02
Market cap	$1.88B
Volume 24H	$357.88M
All time high	$54.01 -91.07% August 14th 2020
All time low	$0.331577 1355.18% November 5th 2020
Genesis date	N/A

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