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0.00004191 BTC
Market Cap (Rank#250)
4,364 BTC
Vol 24h
597.863 BTC
Circulating Supply
Max Supply
2 days agocryptopotato
X.LA’s Alex Barkaloff Reveals Vision to Bring Billions to Web3
[PRESS RELEASE – Los Angeles, USA, 26th July 2022] Alex Barkaloff, a founding member of X.LA Foundation, has shared his vision for onboarding billions to web3. At the recent CogX festival for CEOs, technology leaders, entrepreneurs, and investors, Barkaloff proposed how web3 must evolve to meet the needs of internet users the world over. He […]
4 days agocoindesk
First Mover Asia: BTC Holds Near $24K; Why Do We Need Ethereum PoW When We Have Ethereum Classic?
Crypto mega-entrepreneurs Vitalik Buterin and Justin Sun are clashing over Ethereum’s future; ether hovers over $1.7K.
10 days agocryptodaily
Next-Gen Multimedia Blockchain Platform, CRETA, Enters the Japanese Market With a New Establishment of Creta Inc.
CRETA, a global game/content creators' metaverse platform, has announced establishing a local corporation in Shibuya, Tokyo that is poised to boost the company’s presence in the global video games industry. By incorporating the metaverse platform in Japan, the company aims to leverage the opportunities present in the local market, employing vetted game development talent and facilitating the growth of the tight-knit blockchain community. CRETA, built off on the next-generation L1 blockchain technology Locus Chain, is seeking to exclusively release a new version of the acclaimed video game title "Kingdom Under Fire" and one of the most popular games in Asia, "Fortress". Through the establishment of Japanese local branch, the company aims to expand its lineup of high-quality games and bring together a large number of industry-renowned game creators and companies to get a foothold into the evolving metaverse market. To celebrate the CRETA’s new establishment in Japan, its kick-off event was privately held on July 11th, 2022, with video games connoisseurs getting together to laud the incorporation of the entity. Some of the guests attending the event were Mr. Shuji Utsumi, Vice Chairman of SEGA, Mr. Yoji Ishii, producer of the "Sonic" series, Mr. Naoto Ohshima, graphic & game designer of the “Sonic” series, Mr. Masamitsu Shiino, COO of Yield Gaming Guild (YGG), Mr. Oji Hiroi, the original comic book author and game creator of "Sakura Wars" and "Skura Taisen", an executive from Okakichi Corporation, founded by Yoshiki Okamoto, the original creator of the record-breaking games "Street Fighter" and "Monster Strike", and other executives from Disney Japan, Bandai Namco, and Microsoft Japan. Ray Nakazato, CEO of Creta Inc. Japan and Chief Creative Officer for the entire platform, commented, "I am positively amazed that the CRETA project even at its early stage has been apple to generate so much buzz and engaged so many forward-thinking veterans of the gaming industry under one roof. Apparently, it is a solid signal that the Japanese industry leaders are also thinking very positively about the effects that the nexus of blockchain technology and video games can bring. Through the synergy of Locus Chain's leading blockchain technology and building a pipeline of high-quality games, CRETA will no doubt get the largest stake in this nascent metaverse market within a short period of time." Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
11 days agocryptodaily
How DAO Web3 Platforms Can Make Venture Capital More Accessible
Venture capital (VC) investors make a lot of money as they invest a lot of it in the early stages of a company’s life. They can invest before projects are fully developed and before they reach the public. Naturally, this is a significant advantage over regular people who want to invest. However, DAOs and Web3 technology can change this and make VC more accessible to the general public. That’s precisely what we are here to discuss today, but first, we need to explain how VC works. What Is Venture Capital (VC) and How Does It Work? Venture capital, or VC for short, is two things — financing assistance from investors to startups and a form of private equity. This type of equity typically comes from affluent investors, large financial institutions, and investment banks. They use VC funds to offer financial or sometimes technical and managerial assistance to startups and small companies looking to grow. Naturally, VC is always risky as its goal is to fund businesses of enormous potential — startups offering a unique service or technology and companies that have the potential to become truly massive. In most cases, VC funds provide financial assistance in the early stages of a company’s development, but they can also come in later stages. The important thing to know about VC is that it has a crucial role in stimulating innovation in the modern world, and it’s often the only way for small startups and entrepreneurs to bring their innovative and potentially revolutionary ideas to fruition. The way venture capital works is relatively simple. A typical VC deal means the company receiving the funding is divided into significant ownership parts sold to specific investors. This is usually achieved by venture capital firms creating independent limited partnerships (LPs) that are used to sell these ownership chunks to investors. Venture Capital Isn’t Accessible to the Public Regular people are increasingly interested in investing, just like private equities and venture capital firms. However, this is not generally accessible to the public, especially when it comes to venture capital. As we’ve already discussed, VC firms and investors get to fund startups at the early stage when the company has not yet gone public. Others can only start investing when the startup enters the public sphere, but at that point, the best opportunities are already gone. This is one of the biggest problems with venture capital today, at least in the eyes of regular investors. That’s mainly because the modern world is different, and novel technologies, services, and products are entering the market more often than before. People want the chance to invest in them, but they usually get it when it’s already too late, and their investment won’t be nearly as worthwhile as that of VCs. One of the best ways to solve this is to turn to DAOs (decentralized autonomous organizations) and Web3 platforms. Role of DAO and Web3 in VC DAOs are increasingly entering the market due to the improvements and overall benefits of Web3 and other decentralized technologies. The good thing about this is that they are bringing some previously inaccessible things closer to the public. The same thing can be said for venture capital. DAOs and Web3 technologies can make it easier for regular people to start investing in startups. This is possible through DAO-generated venture capital funds that everyone can use. Thanks to decentralization and blockchain technology, such funds make investing more accessible to the masses as they make smaller investments possible. On top of that, they can also make it safer as such funds can be better insured against failed investments. If you were to invest in a risky crypto project on your own, you’d face high uncertainty, as the investment could go wrong quickly. However, thanks to the expertise of VC firms and investors, a DAO-generated VC would make sure the funds always go to projects that have the best chance of panning out. The good news is that we already have that in the form of a project called Hectagon Finance. It’s the world’s first DAO-generated Web3 VC funding platform. It was made for everyone and built by crypto veterans who wanted to provide regular people with access to experienced VC networks. Hectagon is also planning its token generation event on the 8th of August, so you can be confident that the project is moving forward. With the added security of DApp solutions like Serenity Shield, which uses smart contracts to offer unprecedented levels of security online, a VC funding network can also benefit from robust security features for every user’s digital assets. Serenity Shield is one of the few robust security solutions on the market. They recently announced a strategic partnership with Digital Insights, a notable digital asset consulting firm. With solutions like Hectagon, VCs will become fully available to regular people and smaller investors. And with the help of security solutions like Serenity Shield, you can be confident that your digital assets are always safe and ready for investing. Bottom Line The world is moving forward, and even traditionally highly reserved private equities like VC funds have to move with it and reach the public. Incredible opportunities only VC firms and investors get no longer have to be reserved for the rich few. With the help of DAOs and Web3 platforms, regular people will finally get the chance to benefit from VC networks and make investments in companies in their earliest stages of evolution.
11 days agocryptodaily
How the Octopus Network is Driving the Internet into a more Open, Fair, and Secure Era
You don't hear about the earnest blockchain protocols because they’re busy building solutions It would be easy to forget that blockchain technology is more than the growing pains of DeFi, considering the plethora of disquieting news coming out of the crypto space recently. But it's important to remember that blockchain is a tool, a tool that can be used to solve a swash of contemporary issues. And, like all tools, its use is defined by human intent — You can use rocks to bash in someone's head or build functional civic structures. Web3 has the potential to hand data sovereignty and content ownership back to internet users. So, where are the protocols committed to creating solutions with blockchain tools? They are out there, building. And that is probably why you don't hear much about them in the headlines, which tend to favor catastrophe over progress. Earnest blockchain protocols are driven by ideology rather than speculation Serious blockchain technicians are often driven by ideology rather than speculation — the intent is embedded in the building. This is why they tend to survive severe crypto market downturns. Solid projects with a mission of driving towards a fairer internet also generally have foundations that help scaffold and fund web3 development because they know that only mass adoption can complete the transformation from User-as-Product to User-as-Owner. Imagine all the business conducted across all of the niches on the Internet today. Until Web3 solutions are accessible for at least a majority of these verticals, Web3 will remain an elusive target. Presently, at least three significant barriers to developing Web3 must be addressed and solved by the blockchain industry itself for mass adoption to become feasible. The blockchain industry must eradicate its own barriers Startup cost is one of the most formidable barriers to realizing a broader selection of viable Web3 solutions. Building an application-specific blockchain is both capital and labor-intensive. In addition, blockchain development requires blockchain developers. Unfortunately, there is a shortage of developers fluent in novel programming languages such as Rust. Finally, it takes more than technology to launch a successful Web3 project. Founders need to be familiar with critical concepts in tokenomics, product design, UX, community building, governance, and more to successfully launch a Web3 project. These three bottlenecks to Web3 development are precisely what the Octopus Network was designed to disrupt. The Octopus Network lowers the barrier to Web3 adoption To accelerate adoption, the Octopus Network's primary mission is to lower the barrier to Web3 innovation. This is not only apparent in its support of the application-specific blockchains that choose to launch on its platform but also in its open and free Global Substrate Training and Accelerator Programs funded by the Octopus Foundation. The Octopus Network is a multichain, interoperable cryptonetwork for launching and running Substrate-based, EVM compatible, application-specific blockchains, aka appchains. The design of the Octopus Network's security leasing mechanism lowers the cost of launching a Substrate-based blockchain by an estimated factor of 100X. Web3 teams who wish to develop their concept using Substrate will find an incredible support base in the Octopus Development Team and Core Community— in addition to enjoying appchain customizability, infrastructure support, crosschain interoperability, and unlimited scalability. The Octopus Global Substrate Developer Training program increases Web3 resources A few years ago, Octopus Network launched the first Substrate Developer Training courses in China, which are now operated by Parity. Since then, Octopus has been on a mission to spread its courses globally, with current offerings in Vietnam, Malaysia, India, Nigeria, and Mexico. Substrate is an open-source tech stack, built using Rust programming language and created by Parity, that simplifies building a blockchain customized for a specific application. The full stack of an appchain, including networking, consensus protocol, node configuration, etc., can be thoroughly optimized for its particular use case. An appchain enjoys its transaction processing capacity exclusively without competing for gas price with other applications, ensuring lower transaction costs and faster response times for its users. And a Substrate appchain has self-sovereignty —it’s governed by its community. There are already hundreds of Web3 projects built on Substrate, and more appchain projects are expected to emerge. The Octopus Accelerator awards Web3 entrepreneurs The Octopus Accelerator Program is a global Web3 startup community of entrepreneurs launched by Octopus Network and funded by the Octopus Foundation to help Web3 entrepreneurs bring utility to Web3 by realizing their concepts as appchain testnets. The Accelerator program conducts four open Global Web3 Entrepreneurship Camps providing $1 million in funding to 20 outstanding Web3 application chain entrepreneurial teams annually. Each quarterly course awards a total of 250k in funding to its top five projects. Mentored by industry experts while engaging in course workshops, participants study critical topics such as Product Design, Token Engineering, Regulation, Fundraising, and more. The month-long program concludes with a Showcase Day, allowing the top 10 teams to demo their project in a competition to win one of five Octopus Star Prizes and 50k in funding. Accelerator Program courses are free and open to any Web3 founder, team, or developer interested in developing their project from concept to testnet. The Fall 2022 Accelerator program offering 50k in funding to five top projects currently accepts applicants until its August 13th deadline. The Octopus Network sets the stage for Web3 innovation Octopus Network's unique Leased Proof of Stake security coupled with Substrate makes building a Web3 application much more accessible and affordable for the world's problem solvers, thereby setting the stage for Web3 innovation. Any Substrate-based blockchain can register to become an Octopus Network appchain. Any Web3 project can apply to the Accelerator to learn how to build a Substrate appchain testnet and win funding, and any developer can gain exposure to Rust programming language and the Substrate framework through Global Substrate Training courses—all compliments of Octopus Network. While DeFi growing pains may stir up one-sided skepticism toward blockchain technology as a whole, the other side of the equation, those seeking solutions, just keep building. The Octopus Network was conceptualized, designed, and realized because of the underlying philosophical tenets of its core team, which is committed to driving the Internet into a more open, fair, and secure era, aka Web3. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
14 days agocryptodaily
a16z Invests $50M In VeeFriends
Gary Vaynerchuk’s VeeFriends closed its seed funding round with a $50 million investment from investment firm Andreessen Horowitz (a16z). VeeFriends Closes Million-Dollar Seed Round Entrepreneur Gary Vee’s NFT company VeeFriends recently raised $50 million in a seed round that was led by leading American venture capital firm Andreessen Horowitz (a16). The NFT company plans to use the funds to expand the VeeFriends universe through its creative, technical, and experiential operations. The plan is to develop further the future intellectual property of the 283 VeeFriends characters to reach different multimedia platforms, including new physical and digital spaces. Furthermore, the funds will also be used to hire fresh talent from the entertainment and Web3 industries. Gary Vee, King Of NFTs As a popular internet personality, Gary Vee rose to NFT fame quite soon after he launched his VeeFriends collection, which made him $90 million in 90 days. After signing multiple brand deals, he has successfully integrated many brands into his NFT collection. For example, in May, he teamed up with Johnnie Walker in a marquee partnership where particular VeeFriends holders would win limited edition bottles from the leading alcohol brand. Despite his success in the NFT space, Gary Vee has also talked about the need to focus on the technological advantages that NFTs offer instead of getting swept up in their novelty. A16z Continues Web3 Investments The President of Web3 at a16z crypto, Chris Lyons has referred to the VeeFriends project as a blueprint that guides its Web3 efforts by creating a strong community and backing it up with valuable and unique intellectual property. A16z is one of the main VC firms leading the Web3 movement, and its investment in the VeeFriends project in the seed round is noteworthy. Lyons said, “Not only is VeeFriends an exciting NFT project, it also provides offline and in-person utility through curated experiences like VeeCon…VeeFriends represents the ethos of entrepreneurship, and we’re humbled by the opportunity to support Gary and the VeeFriends community on this journey.” VC Funding Going Strong Despite the 2022 bear market, VC funding in crypto and web3 projects has stayed strong. In fact, according to data analysts at Pitchbook, VC funding for crypto firms hit $17.5 billion in just the first half of 2022. Therefore, experts believe that by the end of the year, it will likely overtake the $26.9 billion of VC funding recorded in 2021. Specifically, A16z itself recently broke records of the largest ever VC crypto fund by raising a whopping $4.5 billion for its fourth fund. In May, the investment giant stated that it was setting aside $1.5 billion of this fund for seed investments in Web3. The $50 million from a16z makes VeeFriends one of the first recipients of this fund. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
16 days agocryptodaily
TRON’s Mission to Create an Internet for All, Defining Decentralization
Geneva, Switzerland, 27th July, 2022, ChainwireTRON was established in 2017 with the vision to decentralize the web, and it has aligned its mission to follow that purpose over the last five years. For most blockchains, decentralization is a central theme. It's a form of administration that delegates power to individuals; as a result, users are able to contribute to and own a piece of the network. The four elements of TRON's decentralized architecture are the protocol, nodes, assets, and dApps. Decentralization encourages putting the power in the hands of the people, which is why TRON took its commitment to decentralization to the next stage in December 2021, by dissolving its foundation and establishing itself as a community-governed Decentralized Autonomous Organization (DAO). Decentralization of the Protocol TRON aims to empower developers and users to create and share content without limitations. It uses the Delegated Proof-of-Stake (DPoS) consensus mechanism to manage its blockchain. Only elected nodes can approve transaction blocks, unlike a PoS system, which allows anybody with enough assets staked to do so. This structure enables users to safeguard the network by delegating their staked assets through a mechanism of incentives. Every blockchain network uses a consensus mechanism, and DPoS is one of the most efficient consensus algorithms available. DPoS consumes less energy and completes transactions faster than PoW (Proof-of-Work) or traditional PoS systems. Every six hours, the TRON community elects 27 block validators to serve as "Super Representatives" (SRs) in the ecosystem. Due to the numerous advantages, many blockchains have transitioned to a DPoS mechanism to power their networks. Regardless of the amount of staked TRX or how many votes SRs receive, each SR has identical voting power on the TRON network, ensuring that the governing percentage per SR is equally balanced. Decentralization of Nodes Nodes are the foundation of every blockchain network. As a result, any examination of decentralization must evaluate them. TRON's geographical diversity in nodes makes it more secure and durable. Decentralization of Assets The distribution of native assets, as well as their availability, also contributes to the blockchain's decentralization. The amount of TRX wallets has risen at a tremendous pace with a 134% increase in one year, from about 26 million in July 2021 to over 61 million by July 2022. The network's popularity and user base grow with more TRON wallet users and will continue to contribute to the network's decentralization. Today there are over 100 million user accounts on the network, and the number of users is growing daily. Decentralization of dApps The number of dApps, smart contracts, and users is also noteworthy for decentralization. The TRON Grand Hackathon is an outstanding opportunity for budding entrepreneurs and their ideas to grow the TRON network. The various projects submitted during the Hackathon contribute to the diversification of the ecosystem by providing numerous dApps that continue to develop it. To learn more about TRON’s decentralization and review what the historical data shows, read the “A Deep Dive Into Decentralization” report on . About TRON DAO TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of July 2022, it has over 104 million total user accounts on the blockchain, more than 3.6 billion total transactions, and over $11 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry - TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum ContactsFeroz [email protected]
17 days agocryptodaily
X.LA’s Alex Barkaloff Reveals Vision to Bring Billions to Web3
Los Angeles, USA, 26th July, 2022, ChainwireAlex Barkaloff, a founding member of X.LA Foundation, has shared his vision for onboarding billions to web3. At the recent CogX festival for CEOs, technology leaders, entrepreneurs, and investors, Barkaloff proposed how web3 must evolve to meet the needs of internet users the world over. He also detailed the role X.LA Foundation will play in allowing content creators to leverage their IP so that they can profitably participate in the metaverse economy which will be enmeshed in this new internet standard. On the panel “The Business of Entertainment: How Tech Is Transforming the Way We Play,” Barkaloff discussed the goals of X.LA Foundation in the context of web3. Fully leveraging blockchain technology stands at the heart of the company’s plans to bring the benefits of decentralization and democratization to all content creators. “We serve the creators,” explained Barkaloff, “and are reaching out to many enterprise studios, film companies, music labels, etc. We want the whole creator audience to partner with us.” The inclusion of entertainment companies outside purely video games speaks to Barkaloff’s extensive career in senior roles, such as Executive Producer of Digital at movie production company Lionsgate. On the topic of how best to open web3 to the masses, the X.LA co-founder had a lot to say. “The fact remains that only about three million crypto wallets have ever purchased an NFT,” began Barkaloff, “yet there are three billion creators and gamers online…So how do you go from three million to three billion? The problem is that it’s very complex.” To address this problem, the X.LA community currently has around 50 separate initiatives in development that collectively produce the content that appeals to a massive creator audience. “Wouldn't it be great to be able to monetize virtual goods,” Barkaloff added, “and be able to trade them out?” While the trading of NFTs forms only a slice of the opportunities for gamers to embrace in web3’s developing economy, X.LA Foundation is committed to realizing a virtual environment where any idea is possible and every idea can be profitable. About X.LA Foundation The X.LA Foundation leverages blockchain and Web3 technologies to empower IP creators, owners and holders, giving them greater control over how their data and IP is shared, licensed, and monetized. By democratizing rights ownership and management, the X.LA Foundation eliminates the need for costly legal services and levels the playing field between creators and distributors. The X.LA Foundation team consists of experts from across media, entertainment, and games with proven track records in developing and publishing world-class products, software solutions, and games that have empowered & entertained consumers, gamers and IP creators, owners and holders worldwide. The X.LA community welcomes contractors, creators, influencers, thinkers, inventors, and many others to come together to help define, shape, and develop the new future of the Web3 economy. Learn more about X.LA Foundation at Foundation [email protected]
23 days agocryptodaily
Blockchain & Financial Inclusion in the 21st century
Recent technological progress has allowed DeFi and fintech to emerge as a way to break down barriers and positively impact the world through digital financial inclusion. Financial inclusion is defined as having access to useful and affordable financial products and services that meet the needs of business and individuals – transactions, payments, savings, credit, and insurance – delivered in a responsible and sustainable way. According to the most recent Findex figures, nearly one-third of adults — 1.7 billion – are still unbanked. Those in developing countries with a lack of infrastructure and government regulation, poor female-led households in rural areas, and people out of the labor make up about half of the unbanked. The technology behind blockchain has the potential to the change that. It allows financial services to be delivered over the internet by replacing trust, which has been a key component of the financial system for centuries, with transparency built into a decentralized network. As a result, blockchain has the potential to empower the unbanked, particularly women, lowering transaction fees, and providing an alternate source of liquidity. By offering a fairer and more transparent financial system, cryptocurrencies and blockchain pose an alternative to conventional financial services. Recognizing cryptocurrency and blockchain for financial inclusion could be critical to catering to people’s need for access to affordable financial services. A user-friendly platform has the potential to facilitate transactions for individuals and businesses. Let’s see how. The World Economic Forum describes the technology as “global, open-sourced, and accessible to all who have access to the Internet, regardless of nationality, ethnicity, race, gender, and socioeconomic class.” At its most basic level, the technology is essentially a decentralized method of organizing transactions in a database, or ledger, so that several parties may agree on the status of those transactions without the need for a mediator. All transactions are recorded in an immutable, transparent, and encrypted format. In this way, blockchain is altering the role of banks, governments, and corporations by enabling more secure, cheaper, and efficient financial transactions than previous methods. There are four clear ways where blockchain could put immediately into use to achieve financial inclusion: Payment services: With instant, cheap, traceable transactions that can hold multiple currencies, in multiple mobile networks both nationally and internationally, blockchain applications are becoming an attractive technology to use, especially for small money transfers. Savings: Different apps and companies use blockchain as an alternative platform that makes it easier (and less intimidating) for those who lack a bank account, credit, or financial fluency to save and invest. Credit: This is a more diverse area, with a multitude of projects. One excellent example is the blockchain project Grassroots Economics, based in Kenya & funded by UNICEF’s Innovation Fund. The project aims to close the credit gap in low-income communities by creating Community Inclusion Currencies, or CICs, that allows it to issue tokens backed by all the actual goods and services in a specific community, such as the town’s water, food, or the work of carpenters or babysitters. Insurance: Insurance policies tend to require IDs, proof of financial solvency, and additional paperwork that can present a barrier to entry. Blockchain insurance policies rely on other forms of securities, that reduce the barrier for the individual investor. This is only at an incipient stage of course. To reach its full potential, widespread adoption of blockchain technology becomes necessary. We need developers to make blockchain infrastructure more efficient and environmentally conscious, governments to create adequate legislation that regulates and stabilizes the market, entrepreneurs to pilot blockchain solutions and share their findings, and funders to provide capital to promising applications to move the industry forward. But it does highlight the benefits of this technological tool. Unfortunately, there is one lingering danger over the potential benefits of blockchain technology – overregulation. Over the past few years, many jurisdictions have investigated regulating cryptocurrency & blockchain-related operations. We have seen regulators take different approaches on how to go about applying regulation to blockchain-based technologies, particularly in the financial sphere. As with all industries, there is a legitimate need for standards & regulation. The ideal path would be moderate legislative suggestions for blockchain regulation to boost investment and protect consumers and investors. However, a point must be made against overregulation. Crypto-assets and, particularly, blockchain technology have recently been consolidated as secure platforms for validating transactions in an increasingly decentralized economy. Regulation should not change the nature of these technologies in any way; it should merely make them safer for their users. Overregulation is typically the result of the regulators attempting to tackle volatility and risk management – but those are factors inherent to any financial market. Regulations on asset-classes should focus on making them safer and easier to utilize, not on erecting barriers for the sake of security. Fundamentally, regulation should focus on reducing abuse, providing consumer protection to investors and stakeholders, and combating illegal activity. Overregulation would likely, in addition to countless other negative effects, limit the abilities of new blockchain-based technology to help incorporate more people into the global financial system, which would deny associated benefits to billions in the global south that many people in the developed world already take for granted. For this alone, western regulators should proceed intelligently & carefully towards establishing a regulatory framework that ensures safety while not stifling innovation, creativity or investment. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
26 days agocointelegraph
The regulatory implications of India’s crypto transactions tax
India’s introduction of new crypto taxes had a negative impact on overall trading, forcing entrepreneurs to move to friendlier jurisdictions.
27 days agocointelegraph
The women of crypto take over Davos WEF
Talking with outstanding women at Davos, who are shaping the crypto industry — Gender inclusivity as it is: From investors to mentors to entrepreneurs and technologists.
27 days agocointelegraph
Axie Infinity: Re-engineering its destiny in the GameFi landscape
Can Axie Infinity rise to its former glory, as a form of “extreme entrepreneurship” where success can happen overnight, amid the crypto winter and uncertain global economy?
36 days agocryptodaily
The Sandbox Co-Organizing Metaverse Summit 2022 Showcasing Ecosystem Impact
Paris, France, 8th July, 2022, ChainwireThe metaverse has gained momentum recently, and it is predicted to continue to expand in the years to come. Metaverse Summit, with its co-organizer The Sandbox, supports the development of various industry stakeholders and assists brands, start-ups, and corporations in determining their position and metaverse strategy. Metaverse Summit 2022 includes The Sandbox ecosystem pavillion, supporting startups and female entrepreneurs Metaverse Summit is presenting several initiatives to create an atmosphere that allows pioneers, developers, business people, and technologists to build the decentralized networks that will drive the coming phase of the digital economy. With seven company booths under The Sandbox Pavilion, The Sandbox is co-organizing Metaverse Summit 2022 to support creators and startups in the metaverse ecosystem. The Sandbox is among the leading metaverse creator economies, allowing users to create, communicate, and make revenue from their gaming and real estate experiences. In the virtual world, people can play, construct, own their properties, and own in-game assets while being able to sell these assets and receive cash in the real world. The Sandbox is one of several blockchain-based virtual worlds attempting to alter the dynamics of the gaming industry and compensate inventors for the worth they generate through user-generated content. For The Sandbox designers, creators, and competitors, the buildathon contest will be an excellent platform for showcasing and honing their design abilities. "The metaverse is more than a major technology disruption or paradigm shift – it is a driving force that will lead to the creation of millions of jobs and spur a whole new digital economy,” said Sebastien Borget, COO and Co-Founder of The Sandbox. “We are committed to supporting the future generation of metaverse entrepreneurs, which is why we are co-organizing the Metaverse Summit in Paris to help tomorrow’s creators realize their visions, drive societal impact, and create more opportunities for everyone.” The Sandbox’s Ecosystem Impact on Metaverse Innovation and Creativity To usher in the decentralized era of content creation, consumption, and monetization, The Sandbox is developing the first tools, systems, and mechanisms to improve content creation through blockchain technology. The Sandbox is a groundbreaking initiative that transfers authority from game publishers to the artists, crypto-enthusiasts, and players who influence the game's success. The Sandbox includes integrated tools that offer a complete user-generated content ecosystem production experience. The platform empowers users by enabling them to secure copyright ownership for their user-generated content. Metaverse Summit, Unique Occasion To Discover Top-Tier International Metaverse Companies Leading metaverse enterprises, builders, shareholders, and experts come together at the Metaverse Summit to discuss and co-create the metaverse's future, all in a framework dedicated to communicating and transferring knowledge, which is the core value of the Metaverse Summit community. The goal of Metaverse Summit is to create a link between Web2 and Web3 and assist people and businesses in defining their positioning and strategy for the coming of technology. “We are honored to co-organize an international Metaverse convention and festival with The Sandbox in Paris. We are here to facilitate the growth of different stakeholders in the industry, to help brands, startups, and corporates find their place and strategy regarding metaverse,” said Yingzi Yuan, Founder of Metaverse Summit. Metaverse Summit is expected to be followed by further expansion in the years to come. It aids brands, start-ups, and corporations in determining their position and metaverse strategy and supports the growth of various industry stakeholders. Since its founding, the Metaverse Summit has attracted more than 10,000 concerned individuals worldwide. About Metaverse Summit Metaverse Summit gathers entrepreneurs, builders, investors, and experts to explore and build the future of the metaverse together. This year, Metaverse Summit is set to host the first female-founded Web3 conference to explore and build the metaverse's future together. The two-day event held in Paris on July 16-17, 2022, will be a unique moment for the international community to meet in person, discover new collaboration opportunities, and develop projects.ContactsMetaverse [email protected]
36 days agocryptodaily
Leading Gaming Studio “The Game Storm” To Enter Web3 World With Ready Games Partnership
Gibraltar, Gibraltar, 7th July, 2022, ChainwireReady Games, an established entity in the gaming industry, and The Game Storm Studio, one of the top game development companies globally, intend to explore Web3 opportunities by launching two new games. Both US Police Dog Mall Chase and Pet Cat Sims will bring furry companions to the virtual world and showcase the potential of blockchain gaming. With over 1,000 games published, and a cumulative 1 billion downloads, Game Storm is the largest studio in Pakistan, with over 300 employees and offices in the US, India, and Dubai, the time has come for the company to broaden its attention scope to include Web3 opportunities. Ready Games takes the next step in its journey to becoming a global gaming household name. Since launching its division dedicated to bringing mobile blockchain gaming to Apple and Google app stores, the team has worked hard to push the boundaries. The launch of two new upcoming games will further illustrate the potential of Web3 technology. Having the support of The Game Storm Studio will prove crucial in this process. The Game Storm Studio has made a name for itself in the last 10 years by focusing on Android and iPhone development and publishing, helping game builders access the necessary resources to deliver quality mobile applications. The Game Storm Studio COO Jawad Amjad states: "We are partnering with the Ready Games because they have a complete and efficient tech stack and rapid execution strategy to enable us the opportunity to enter into game development in web3.0, to allow us to innovate new game mechanics and player experiences, all within under a month, allowing us that first movers advantage.” Two new game titles have been announced to consummate this joint push into Web3 and blockchain gaming: US Police Dog Mall Chase: An action game where players become a police dog to chase down criminals across various gameplay levels and scenarios. The game currently has 150,000 daily active players, and 10 million downloads. Pet Cat Sims: Control a human avatar to explore 3D environments and take care of your virtual cat companions, either through feeding, playing, or otherwise. Players unlock more NFT cats as they progress. The game currently has 100,000 daily active players and 5 million downloads. Ready Games CTO Martin Cormier adds: "We offer a very efficient and easily adaptable set of gaming infrastructure tools that assists game developers to build or transition their games on the blockchain with the least amount of friction as possible, under 30 day integration, no need to hire additional web3 ressources, Apple and Google compliant and access to over 40K Betatesters. Developers finally feel they have the tools to enter into web3." Ready Games saw over 40,000 testers register for their Beta Tester Campaign in June associated with its Web3 push. That is excellent news for developers, as they can tap into that growing community to collect feedback on prototypes, ideas, and games. Registered Beta Testers gain additional perks during Ready Games's first NFT drop in the Summer of 2022. About Ready Games Founded in 2016, Ready Games has focused on building creator communities, and democratizing access to game creation for amateurs and professionals. Now Ready takes its creator philosophy to web3 by solving hard problems in the transition from web2 gaming to web3: live game operations that synchronize on-chain, accessible through a turnkey API and SDK; modular smart contract systems; on-chain player profiles, with game achievements serving as a store of “reputational capital” for the players; along with distributed token economics to align the interests of game developers, creators, and players. To learn more about The Ready Games, please visit . About The Game Storm Studio The Game Storm Studios specializes in mobile game development on multi-platforms using several technologies. With over 10 years of experience developing and publishing games and apps, Game Storm Studios have acquired the skills to successfully publish games and reach the top of the charts. Our team of developers are focused on optimization and monetization, deep funnel strategies, and ROIs. With over 1000 games published and over 1B downloads, we are the top game development agency in Pakistan. To learn more about The Game Storm Studio, please visit ContactsChristina [email protected]
37 days agocryptodaily
Italy Promises $46M For Blockchain Projects
In a bid to boost the crypto industry in the country, the Italian government has announced that it will be providing subsidies worth $46 million for blockchain projects. Subsidies For Blockchain Research According to the announcement from the Ministry of Economic Development of Italy, from September, public or private research firms developing Internet of Things (IoT), AI, or blockchain technology in certain sectors can apply for government subsidies, upto €45 million (approximately $46 million). The costs of the undertaking will range between €500,000 and €2 million and will be a part of Italy’s initiative of investing in technology and innovation. The Miniter of Economic Development Giancarlo Giorgetti addressed the decision, saying, “We support companies' investments in cutting-edge technologies with the aim of encouraging the modernization of production systems through management models that are increasingly interconnected, efficient, secure and fast. The goal of competitiveness requires the manufacturing industry to constantly innovate and use the potential of new technologies.” Italy’s Blockchain Push Since the European Union has been attempting to bind crypto service providers across the continent under a single regulatory framework, Italy has recognized the need to provide financial support to its nascent crypto industry. As a result, in December 2021, a government decree was passed that paved the way for establishing a fund to support IoT, AI, and blockchain technology in industry and manufacturing, tourism, health, environment, and aerospace sectors. Earlier this year, the Italian Senate Committee of Constitutional Affairs and Public Works also approved the Decreto Semplificazioni to legally affirm the definition and legal status of cryptocurrency and other terms standard in blockchain technology. The country’s financial regulator, Organismo Agenti e Mediatori has also approved the major crypto exchange Binance to open a branch in Italy. However, the country’s securities regulator, the Italian Companies and Exchange Commission, or CONSOB, has been somewhat wary of crypto and issued warnings to the public. A Quietly Burgeoning Industry Even though the industry in Italy is still in its early stages, it boasts of a community of entrepreneurs and technical leaders who are making their mark on a national level. The country has a growing scene of blockchain-based businesses that will benefit from the government’s subsidy plan. For example, in April, leading Italy-based crypto investment fund Iconium invested in OVER, the country’s Metaverse platform that curates geolocalized AR/VR experiences. The partnership will enable the creation of a community-owned Metaverse platform through NFTs and bridge the gap between the digital and physical worlds through advanced geolocation Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
39 days agocryptopotato
Metaverse Summit to Accelerate Open Metaverse and Web3 with International Leaders
[PRESS RELEASE – Paris, France, 5th July 2022] Metaverse Summit has announced its official event dates for its 2022 Paris edition as of July 16-17th. Metaverse Summit is an International Convention that celebrates the metaverse’s technology and creativity. Metaverse Summit brings together leading metaverse entrepreneurs, builders, investors, and experts to discuss and collaborate on the […]
46 days agocoindesk
Recent Crypto 'Bloodbath' Is Not Necessarily Bad, Regulators Say
The recent crypto market downturn can help weed out bad actors and unsustainable projects, a number of regulators and entrepreneurs said at a forum in Zurich last week.
59 days agonulltx
The World Crypto Economic Forum by Celsius Gathered Together Crypto Industry Leaders
The World Crypto Economic Forum by Celsius (WCEF) took place online on June 2 and 3rd and brought together entrepreneurs, venture capital investors, and blockchain industry leaders. The forum has become a continuation of the tradition established 3 years ago for experts to gather together and discuss the main news and prospects for the development […] The post The World Crypto Economic Forum by Celsius Gathered Together Crypto Industry Leaders appeared first on NullTX.
64 days agocoindesk
Jay-Z, Jack Dorsey Unveil ‘Bitcoin Academy’ for Brooklyn Public Housing Residents
The two entrepreneurs are teaming up to offer Bitcoin-focused financial literacy courses beginning this summer for children, teens and adult residents of the Marcy Houses.
82 days agonulltx
​​Meet Michael Arrington and Dr. Chandra Duggirala at the Online World Crypto Economic Forum
The World Crypto Economic Forum (WCEF) will take place online on June 2&3rd, and will gather over a hundred speakers, entrepreneurs, crypto enthusiasts, and industry leaders for a discussion of the latest trends both in the business (Web3, DeFi, DAO, NFT, Meta, IDO, etc.) and technological worlds (everything blockchain). Three years ago, we convened at […] The post ​​Meet Michael Arrington and Dr. Chandra Duggirala at the Online World Crypto Economic Forum appeared first on NullTX.
91 day agocryptopotato
TCG World Partners With Shark Tank-Backed JPiC to Co-host The Metaverse Expo 2022, Las Vegas
[PRESS RELEASE – Please Read Disclaimer] The Metaverse Expo 2022 is a 3-day event held at the Las Vegas Convention Center on 8th – 10th July 2022 that will bring together entrepreneurs, industry experts and crypto enthusiasts in the Metaverse, Gaming and NFT Space. Showcasing a wide range of exhibitors, The Metaverse Expo 2022 features […]
101 day agonulltx
RadioCaca (RACA) Announces News for the Lands in the USM Metaverse
Jeff Watney, CEO of RadioCaca (RACA), recently announced the news that the USM Metaverse, RadioCaca’s 3D Metaverse, will have a builder system launching on May 20th in which developers, content creators, corporations, users, and individual entrepreneurs can develop your applications within the USM Metaverse. The CEO of RadioCaca highlighted that he believes developing your metaverse […] The post RadioCaca (RACA) Announces News for the Lands in the USM Metaverse appeared first on NullTX.
128 days agozycrypto
Coinbase to Hire Over 1000 People in India This Year: Armstrong
The company is hosting an event in Bangalore to discuss the future of crypto and web3 in India. Coinbase Ventures in partnership with Buidlers Tribe is separately hosting a startup pitch. These events will bring together startup founders, students, entrepreneurs, and special guests. Coinbase is planning to hire 1,000 personnel in India in 2022. Currently, […]
130 days agocryptopotato
Pokmi Announces Token Listing on MEXC, Aims to Reshape the Adult Entertainment Industry
[PRESS RELEASE – Los Angeles, USA, 31st March 2022] Pokmi, home to the biggest and largest decentralized uncensored collection on the internet, will be rolling out its multi-chain token POKEN (PKN) on one of the top cryptocurrency exchanges – MEXC on March 31st, 2022 at 14:00 UTC. Founded by two seasoned scale-up entrepreneurs, Marco Gargniga […]


The live price of STASIS EURS (EURS) today is 1.0237 USD, and with the current circulating supply of STASIS EURS at 104,125,940 EURS, its market capitalization stands at 106,595,529 USD. In the last 24 hours EURS price has moved -0.0053 USD or -0.01% while 17,372,586 USD worth of EURS has been traded on various exchanges. The current valuation of EURS puts it at #250 in cryptocurrency rankings based on market capitalization.

Learn more about the STASIS EURS blockchain network and how it works or follow the price of its native cryptocurrency EURS and the broader market with our unique COIN360 cryptocurrency heatmap.

EURS, also known as Stratis EURS, is an EIP20 token developed to introduce delegated payments on the Ethereum network. EIP20 is a token standard which allows for the implementation API within smart contracts. EURS mirrors the value of the Euro for blockchain technology, it attempts to combine the benefits of the world's second most-traded currency with the efficiency, immutability and transparency of the blockchain. Stratis reports that all EURS coins are fully backed 1:1 by collateral reserves. There are a few ways to acquire EURS: via direct emission from STRATIS, purchase on ePayments platforms and trade on several crypto exchanges.
Market Rank#250
Market Cap106,595,529 USD
24h Volume14,602,998 USD
Circulating Supply104,125,940 EURS
Max SupplyNo Data
Yesterday's Market Cap106,606,870 USD
Yesterday's Open / Close1.0291 USD / 1.0238 USD
Yesterday's High / Low1.0295 USD / 1.0205 USD
Yesterday's Change
-0.01% ( 0.0053 USD )
Yesterday's Volume17,372,586 USD
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