Young consumers may be getting bored with blockchain loyalty reward programs
Mini-dApps, microgames, and the burgeoning prediction markets sector appear to be the most popular methods for retaining engagement.
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Consumer loyalty is waning: Web3 could bring it back
Consider what it means to be a sports organization in 2023. Is the success of their brand simply a parallel to the quality of each team’s performance, how proficiently an organization advertises their events and merchandise to their fans or simply defined by community, where consumers gather around the products and services that speak to…
GameFi project Gala files $28M lawsuit against pNetwork
The lawsuit stems from a million-dollar exploit in November 2022 that allegedly took place due to a private key leak. 1127 Total views 11 Total shares Own this piece of history Collect this article as an NFTOn Mar. 20, GameFi project Gala Games announced it had recently filed a lawsuit against pNetwork, the cross-chain interoperability…
DeFi’s Recent, Costly Setbacks Serve as Lessons for the Sector
The “hack” of the DAO runs deep into the collective memory of the cryptocurrency community. After an extremely successful crowdfund in May 2016, the DAO lasted a little over a month before an attacker started to drain funds from the smart contract, taking around $70 million worth of Ether (ETH). However, as some pointed out at…
Top UK university partners with AI startup to analyze crypto market
Imperial College London announced a collaboration with AI startup FluidAI to tackle major issues in the crypto market such as liquidity aggregation. 371 Total views 2 Total shares Imperial College London announced a partnership with the artificial intelligence (AI) startup FluidAI on Aug. 21 to help troubleshoot issues in the digital asset market using emerging…
Swiss SIX Digital Exchange CEO Departs Due to ‘Strategic Differences’
The CEO of Switzerland’s SIX Digital Exchange (SDX), the cryptocurrency-focused arm of the the country’s principal SIX Swiss Exchange, is departing the company, local news outlet SwissInfo reported on Aug. 14. CEO departs before SDX launchMartin Halblaub will step down after eight months into his job when his contract expires at the end of August following…
Anthropic built a democratic AI chatbot by letting users vote for its values
The value responses from 1,000 test subjects were used to tune a more democratic large language model. 104 Total views 3 Total shares In what may be a first of its kind study, artificial intelligence (AI) firm Anthropic has developed a large language model (LLM) that’s been fine-tuned for value judgments by its user community.What
Law Decoded: Crypto taxes and taxes on crypto, March 21–28.
Some jurisdictions are introducing digital assets as tax payment options while others levy hefty taxes on crypto gains. 248 Total views 15 Total shares It was relatively quiet in the digital asset policy department last week, as regulators and lawmakers in most key jurisdictions retreated to their offices to do the necessary homework. In the…
With 7,600 Blockchain Patent Applications, Chinese Firms Far Outpace US
Measured by patent applications in the sector, China is handily outpacing other countries including the United States in blockchain technology.On Nov. 20, Japan-based financial newspaper Nikkei reported that Chinese companies submitted around 7,600 applications between 2009 and 2018 — about three times as many as U.S.-based companies.A total of 12,000 blockchain applicationsAccording to Tokyo-based research firm…