According to Odaily, Negentropy Fund partner, BillyWen, has expressed his willingness to purchase Slerf NFTs to support the project, provided the Slerf project's developer meets four specific requirements. This move is aimed at facilitating the completion of refunds to pre-sale investors, amounting to 12,000 SOL, within three months.

The four conditions set by BillyWen include the cessation of new token issuance, the establishment of a community governance model based on DAO, open communication with the Chinese community, and careful selection of project partners. If these conditions are met, BillyWen has committed to financially backing the Slerf project through the purchase of its NFTs.

This development comes as part of a broader effort to ensure the successful completion of the Slerf project and to secure the interests of its pre-sale investors. The proposed community governance model and open communication channels are expected to foster transparency and accountability within the project, while the careful selection of partners is intended to ensure the project's long-term viability.

TLDR

ConstitutionDAO has been on an impressive monthly rally, with a price uptick of over 100%.

Rebel Satoshi Arcade tops the new meme coins that promise utility and fun, expected to boom in 2024.

Early adopters of the RECQ token will enjoy significant gains as the presale progresses.

ConstitutionDAO (PEOPLE) was born from a crowdfunding movement by web3 enthusiasts to purchase the original copy of the US Constitution at a Sotheby’s Auction. Since the bid for the document had failed, the PEOPLE token now amounts to a DAO (decentralized autonomous organization) movement with historical significance. PEOPLE is also the token representing a stake in ConstitutionDAO. 

The project’s movement and community-centeredness have propelled its price over time, as it has now experienced over a 100% and 600% gain in the past 30 days and year-to-date, respectively. Notably, PEOPLE gained fast popularity due to its viral marketing campaigns that include Nicolas Cage memes and the likes, prominent listings, and its thriving and active community, of which the token’s trajectory is almost entirely in the hands of its community. CommunityDAO is trading close to the $0.087 level and has steadily maintained its gains for the longest. 

While CommunityDAO’s price action is notable owing to its current momentum, the question is whether the token can sustain this uptrend and even climb to more highs come quarter three of 2024. The trajectory is very feasible, provided its investors hold strong, irrespective of the selling pressure that may come from the broader crypto market in the long run. PEOPLE, however, has lately fallen below its $0.10 support level and has struggled to surpass this mark in the past two days. 

As the community keenly watches PEOPLE, investors are also exploring the DeFi crypto list for other new and community-driven projects with the potential for immense profitability. One such project is the Rebel Satoshi Arcade (RECQ) memecoin, which is seeing a massive influx of investors as it focuses on trending crypto narratives. 

Rebel Satoshi Arcade (RECQ): Decentralized Ethos Meets Blockchain Gaming

The vast Rebel Satoshi ecosystem is on the main mission of reestablishing decentralization as a core facet of the crypto market. Rebel Satoshi has a robust ecosystem powered by a dual-token concept featuring RECQ and RBLZ. The RBLZ token works as the membership and governance token, while RECQ is the utility token. 

RECQ, which grants users access to all arcade games on the network, is also for fees, payments, transactions, and community rewards, making it one of the top presale memecoins in the current crypto market. Interestingly, it is also one of the best-performing new ICOs in the DeFi crypto list. RECQ sells at $0.0044 per token in stage 2 of its ongoing presale. Since the early bird round of its presale, its value has risen by 120%. 

So far, the Rebel Satoshi Arcade project has sold over 588 million tokens in presale alone. The next stage of its blockchain ICO, which will start in less than a day, will push its value to $0.0055. Most experienced traders and whales are backing RECQ as one of the mouth-watering presale memecoins.

As this project offers two native tokens, it creates smoother access to its wealth creation mechanisms. It also hopes to generate wealth, be self-sustaining, and push its community market capitalization to $100 million. Its ecosystem presents other DeFi opportunities via NFT (non-fungible token) trading, coin staking, and arcade gaming services. Thus, RECQ is a top crypto to buy for a rewarding investment experience.

Conclusion

ConstitutionDAO has emerged as the standout performer with hopes of continuing its ongoing rally into Q3, as it has experienced a staggering 100% gain in the past 30 days alone. Rebel Satoshi Arcade memecoin is already trending among top blockchain projects as it comes onboard with fun and utility-driven features. Once its presale concludes, investors should expect 25% of their tokens airdropped to them per week over four weeks, and excitedly, you won’t need to pay any gas fees to claim your coins.

The token will eventually rise to its listing price of $0.0125, which implies an 184% profit for stage 2 investors, making RECQ a top crypto to buy for profits ahead of the coming crypto bull run.

For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.

The post PEOPLE Price Prediction: Will ConstitutionDAO Rally Continue Into Q3? appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing.

Investors are facing yet another contentious moment characterized by declines affecting Bitcoin and altcoins in equal measure. Bitcoin attempted a breakout above $65,000 this week but failed; a move that has put a lot of crypto portfolios at risk. If investors want to avoid sinking deeper into losses, they could consider 3 under $5 cryptocurrencies to sell including PEPE, LDO and Dogecoin.Rebalancing crypto portfolios is not an easy task. For many, and especially in the current market conditions, it means realizing losses. However, some tough decisions have to be made to safeguard future profits.
Therefore, before Bitcoin drops to $60,000 investors could consider the cryptocurrencies to sell listed below. It is also essential for investors to use this as a guide and carry out extensive research before taking key steps regarding their portfolios.
1. Pepe Coin
Pepe is up a modest 8.5% to $0.00001141 during the US trading session. The frog-themed meme coin dons an impressive 8.5% surge in the market cap to $4.8 billion, ranking #23 among other cryptocurrencies on CoinMarketCap. Its trading volume is above $1 billion, making it the 11th most traded digital asset in 24 hours.

Pepe is among the few coins that have sustained rallies in Q2 of the year to the extent of achieving a new all-time high milestone. The meme coin has gradually become a favorite of the whales, who buy in numbers creating upside momentum.
Despite the impressive recovery this week, Pepe has strayed from its ATH of $0.00001722 traded in May to $0.00001135. Support at $0.00001 holds firm, with traders eyeing a falling wedge pattern breakout.
A breakout from the wedge pattern could call more traders to buy PEPE, thus accelerating recovery above two key levels—the resistance at $0.000014 and the record high of $0.00001722. It might be prudent to let go of Pepe if the fall continues this week. Losing support at $0.00001 could be detrimental to crypto portfolios.
2. Dogecoin (DOGE)
Dogecoin, the largest meme coin, dropped to multi-month support levels,  signaling a pivotal moment for notable recovery or prolonged correction.
The DOGE price has seen a slow yet steady correction trend resonating within two downsloping trendlines for the past three months. The trendlines act as major dynamic resistance and support for this memecoin developing a bullish continuation pattern called flag.
Under the influence of this pattern, the DOGE price turned down from $0.228 to 15 15-week low of $0.113 registering a loss of 50.4%. However, the price is now stabilizing around $0.12 as accompanied by other technical levels such as 50-weekly EMA, 61.8% FIB, and support trendline of the flag.

Failure of Dogecoin to break above $0.13 resistance and continue above $0.15 could mean a lack of direction. Pressure on support at $0.12 may lead to more losses with declines below $0.1 likely. Investors should consider if Dogecoin is one of the cryptocurrencies to remove from their portfolio in the event no progress is on the upside in the coming weeks.
3. Lido DAO (LDO)
According to data from CoinMarketCap, Lido DAO’s token experienced significant trading volume, which spiked over 31% to reach approximately $309 million. The market capitalization also climbed sharply by about 15.83%, settling at around $2.12 billion. This surge placed LDO at the 43rd position in the market cap rankings.LDO continues to trade in the range of $1.82 to $2.39, reflecting heightened trading activity. Over the past 30 days, LDO has seen an overall increase of approximately 36%, indicating a bullish trend.

Lido DAO is experiencing a notable uptrend that may signal the beginning of a bullish period. If this positive trend persists, it will soon breach the $3 resistance barrier. A continuous rise might push its value towards the $4 mark, with aspirations to reach $5 in the upcoming bullish cycle.
On the other hand, a shift in market dynamics could solidify Lido DAO’s position at a support level of $2.36. If the decline continues, LDO could see its price fall to $2, indicating a shift toward a bearish market environment. Should this downturn intensify investors could add LDO to cryptocurrencies to sell in June while looking forward to the next major breakout.
#pepe⚡ #doge⚡ #DAO

Cryptocurrencies, particularly Bitcoin, are seen as an alternative to the USD’s weakening influence in the global financial market. This sentiment and the anticipated trading of Ether spot ETF in July sparked increased attention around digital assets. With this increased hype and institutional adoption, investors seek easy market entry.

In light of this, new cryptocurrency releases, listings, and presales are also entering the spotlight. This article eases this search by listing the best tokens that fit this description and detailing their features, utilities, and market prospects.

New Cryptocurrency Releases, Listings, and Presales Today

ZKX is pioneering the integration of social elements in trading through PVP battles and competitions for perpetual futures. Meanwhile, Azuro Protocol delivers comprehensive tooling, oracle, and liquidity solutions for applications and EVM chains. 

 Udao is a Web3 platform designed to help individuals learn job-relevant skills and find employment. In a significant development, PEPU’s presale phase has raised $233,677, signifying strong investment interest. Furthermore, as a recent draft shows, Italy is boosting crypto risk oversight and toughening sanctions.

1. ZKX (ZKX)

ZKX is pioneering the integration of social elements in trading through PVP battles and competitions for perpetual futures. By utilizing its appchain, ZKX combines the efficiency of centralized exchanges with DeFi’s self-custody and trust. Consequently, this approach delivers remarkable scalability and high-speed APIs. Currently, ZKX is deployed on Ethereum and Starknet. It aims to blend SocialFi with DeFi effectively.

The $ZKX token plays a significant role in the platform’s ecosystem. Users can stake their tokens in a time-locked pool. Specifically, the duration and amount staked determine their voting power within the ZKX DAO. Furthermore, this staking mechanism shares protocol revenue with stakers. It encourages users to lock their tokens for extended periods. As a result, the longer the tokens are staked, the higher the revenue share participants can earn.

ZKX has formed several strategic partnerships to enhance its platform. For example, the DegenScore partnership allows Bekanz users to access the closed testnet for three days. They receive rewards such as Shateigashira NFTs, the OG1 role, and future $ZKX tokens. 

Announcing the biggest milestone in this incredible journey 🥁

The $ZKX token is now LIVE! Today is not just a big day for us; it's a significant moment for everyone in the ZKX community.

Full announcement here: https://t.co/o8J1K0Syvx

Scroll to read more!

1/9 🧵 pic.twitter.com/pvqi2fV5GC

— ZKX (@zkxprotocol) June 19, 2024

Moreover, ZKX has launched an ambassador program in partnership with Deworkxyz. They seek over 50 ambassadors from the crypto community and emerging markets to promote the platform. The collaboration with Unicorn6868 also aims to achieve common goals and explore future cooperative offerings.

ZKX, the first Social Perp Trading DEX on Starknet and Ethereum, has raised $7.6M in funding. Investors include Flowdesk, GCR, DeWhales, Hashkey, Amber Group, Crypto.com, and StarkWare. Furthermore, the native $ZKX token has launched on KuCoin, Gate.io, and Bitget. 

2. Azuro Protocol (AZUR)

Azuro Protocol delivers comprehensive tooling, oracle, and liquidity solutions for applications and EVM chains. The platform enables developers to engage and monetize audiences through prediction apps and games, thereby boosting new and existing user bases. 

By partnering with Azuro, developers can foster a robust prediction apps ecosystem on their chains, leveraging Azuro’s advanced oracle and liquidity offerings. Azuro offers detailed insights into its architectural framework, helping developers grasp the underlying structure and capabilities.

Azuro has forged several strategic partnerships to enhance its services and reach. For instance, it collaborated with Chiliz, known for transforming fan engagement in sports through blockchain solutions. This partnership aims to launch a co-sponsored grant program for developers. Meanwhile, Chiliz’s CEO, Alex Dreyfus, emphasized integrating with Azuro to capitalize on the growing on-chain prediction market.

Moreover, Azuro recently teamed up with zkSync Hyperchain stack through a partnership with Sophon to advance on-chain entertainment. Another notable collaboration is with Impossible Finance for the Olympics, a new initiative in the prediction market. In addition, Azuro also partnered with PlaceWar Game, a P2E game, inviting its community to join the Azuro ecosystem.

$AZUR IS ONLY ON:

Ethereum mainnet UNISWAP V3 – AZUR/ETH pair

GATE and MEXC

nowhere else
yet pic.twitter.com/mKXpqRZUPQ

— azuro (@azuroprotocol) June 20, 2024

Recently, Azuro made significant upgrades to its subgraphs on Polygon and Gnosis Chain, migrating them to the Graph Protocol’s Decentralized Network. This upgrade reflects its commitment to security, verifiability, reliability, and data handling performance. 

It also enhances the speed and modular access to data, achieving a query success rate of over 99.9%, a figure that speaks to the robustness and reliability of our system. Overall, Azuro Protocol provides robust solutions and continues to expand its ecosystem through strategic partnerships and technological upgrades.

3. UDAO (UDAO)

Udao is a Web3 platform designed to help individuals learn job-relevant skills and find employment. It aims to accelerate career advancement by offering personalized learning journeys, making it a cost-effective alternative to traditional education. Udao utilizes skill-based assessments to identify skill gaps and leverages AI to tailor learning experiences.

Moreover, beyond education, Udao connects users with companies based on their skills and guides them through hiring. Employers can use the platform’s AI services to find suitable candidates efficiently.

A key feature of Udao is the UDAO Token, a hybrid digital asset integral to the platform’s ecosystem. It serves various functions, including governance, utility, and rewards, fostering a collaborative community. Additionally, Udao has formed strategic partnerships to enhance its offerings. Notable collaborations include Athlerse, a Web3 fitness app, and industry leaders Udemy and IBM. Furthermore, Udao has partnered with Edu3Labs, another Web3 Edtech project, to provide tangible benefits for users.

$UDAO is listed on Gate and MEXC!

Gate: https://t.co/BZHx0yHDVr
MEXC: https://t.co/0y0i06mPsI pic.twitter.com/nbafjQyQjL

— udao (@udao_official) June 17, 2024

The UDAO token is listed on Gate.io, MEXC, and Coingecko in terms of market performance. Its price is $0.393, marking a 0.64% increase in the past 24 hours. The token’s all-time high was $0.424 on June 20, 2024, which is currently 7.26% below that peak. With a circulating supply of 7.25 million tokens and a maximum supply of 200 million, UDAO’s market capitalization is $2.85 million. The 24-hour trading volume is $355,570, predominantly on Gate.io.

Udao is a versatile Web3 platform that facilitates learning and career advancement and integrates a unique token system to enhance user engagement and community involvement. Its strategic partnerships and AI-driven services make it a noteworthy option for learners and employers.

4. Pepe Unchained ($PEPU)

Pepe Unchained distinguishes itself within the competitive memecoin landscape by positioning it as an evolved iteration of the original Pepe project. It operates as a Layer 2 Solution atop the Ethereum Network, aimed at enhancing transaction efficiency compared to its predecessor, leveraging faster speeds and lower costs. This initiative is the first Pepe-themed token to establish its blockchain infrastructure.

The project’s narrative portrays Pepe as a figure seeking liberation from conventional limitations, symbolized by breaking away from outdated Layer 1 constraints. This thematic backdrop underscores its technological approach and ambition to attract investors seeking novelty and efficiency in the cryptocurrency market.

Pepe Unchained’s strategic allocation of its 8 billion PEPU tokens reflects a structured roadmap designed to foster sustainable growth. With significant portions dedicated to presale (20%) and marketing (20%), initial momentum and investor engagement are prioritized. Liquidity, project finance, and chain operations receive 10%, ensuring operational stability and trading liquidity. Notably, a substantial 30% allocation towards staking emphasizes the project’s commitment to incentivizing long-term investor participation.

The project’s staking feature, offering an APY of 17600%, has garnered attention from investors interested in passive income opportunities. Early indications from the presale phase have shown promising demand, with PEPU tokens available at a presale price of $0.008 each, underscoring initial affordability and growth potential. Meanwhile, the PEPU’s presale phase has realized $233,677 in funds, signifying investment interest.

Investment options include purchasing PEPU tokens using ETH, USDT, or BNB, although staking returns are limited to ETH and USDT transactions. Moreover, flexibility in payment methods, including bank cards, enhances accessibility for potential investors. Lastly, Pepe Unchained’s strategic roadmap outlines incremental growth stages following the presale, anticipating value appreciation as milestones are achieved. 

Visit Pepe Unchained Presale

Read More

New Cryptocurrency Listings 

Decentralized governance infrastructure Tally, CEO, and co-founder Bertram Dennison announced on the social media platform X that Tally is planning to introduce the Tally Protocol. This new protocol aims to maximize the value of the systems that token holders own and engage with.

This protocol aims to enhance the economic potential of governance tokens by introducing a liquidity layer for governance staking and restaking. Additionally, it seeks to optimize the distribution of voting power, thereby reinforcing the economic security of blockchain protocols.

The protocol operates by establishing a smart contract layer, enabling DAO token holders to mint Tally Liquid Staked Tokens (tLSTs). This facilitates earning incentives while preserving voting power and providing extra yield opportunities. Additionally, it supports governance staking by allowing users to stake their governance tokens with Tally and receive a tLST in return, which can then be utilized in restaking systems. The voting power linked to the governance token remains effective.

Additionally, it enhances DAO security by reactivating dormant voting power held in DeFi smart contracts and centralized exchanges. This is achieved by returning undelegated voting power to the DAO for redistribution. Undelegated tokens staked in the Tally Protocol are similarly returned to the DAO for redistribution. This process enables DAOs to retain control over their security, simultaneously improving token utility.

Today, we're announcing the next step forward in onchain governance: The Tally Protocol.

The Tally Protocol fully actualizes the value of the systems that token holders own and participate in.

The Tally Protocol unlocks the economic potential of governance tokens by providing a… pic.twitter.com/xtAqIH6y7m

— Dennison is on farcaster (@DennisonBertram) June 20, 2024

The Tally Protocol promotes effective governance by eliminating the need for token holders to choose between governance and financial utility. It requires token holders to delegate their tokens to an active participant to earn staking rewards, ensuring that voting power remains with engaged DAO voters. This enhances security against malicious attacks and prevents passive governance. Additionally, the protocol provides a transparent method for rewarding active delegates. The modularity of the protocol enables DAOs to experiment with new mechanisms for compensation.

To roll out this protocol, Tally collaborated with ScopeLift, a governance smart contract development team. ScopeLift developed the Unistaker and Flexible Voting, foundations upon which the Tally Protocol is developed.

What Is Tally? 

Tally offers tools and infrastructure for establishing and managing on-chain DAOs on Ethereum and other Ethereum Virtual Machine (EVM) networks. Protocols such as Arbitrum, Optimism, ENS, Uniswap, AAVE, and many others utilize Tally to share control over their critical smart contracts. On Tally, individuals have the option to delegate voting power, make and approve proposals for DAO funds, manage protocols, and upgrade smart contracts, all performed on-chain.

Currently, DAOs on Tally manage over $30 billion, and more than $661 million has been transferred on the platform since its launch.

The post Tally Introduces Tally Protocol For Liquid Staked Governance appeared first on Metaverse Post.

Julian Assange's brother, Gabriel Shipton, refuted claims by blockchain security firms SlowMist and RescuETH that AssangeDAO was involved in suspicious activities. Shipton clarified that the funds raised by AssangeDAO were used to purchase a non-fungible token (NFT) and donated to a charity. Despite reassurances, some members expressed dissatisfaction with the DAO's decision-making process. The controversy highlights the challenges faced by decentralized autonomous organizations (DAOs) in maintaining transparency and community consensus. Similar incidents in other DAOs, such as HectorDAO and MangoDAO, have led to internal conflicts and legal interventions. The AssangeDAO case underscores the importance of clear governance structures and accountability in crypto projects. As the crypto space evolves, ensuring trust and integrity within DAOs remains a critical aspect of decentralized finance. Read more AI-generated news on: https://app.chaingpt.org/news

According to Odaily, Secret Network has announced the integration of its Confidential Computing Layer with Optimism's OP Mainnet. This integration will enable a variety of use cases, including private voting for DAOs, encrypted storage for applications, secure random number generation for games, confidential data related to NFTs, internal bidding auctions for NFTs and other assets, and encrypted order books for DeFi applications.

The Confidential Computing Layer of Secret Network is a significant component that ensures the privacy and security of data. With this integration, it will now be possible to conduct private voting within DAOs, a feature that could enhance the democratic process within these decentralized organizations.

Furthermore, the integration will allow for encrypted storage within applications, providing an additional layer of security for users. This could be particularly beneficial for games that require secure random number generation, as it would ensure fair play.

In the realm of Non-Fungible Tokens (NFTs), the integration will enable the handling of confidential data. This could potentially increase the privacy of transactions involving NFTs. Additionally, it will facilitate internal bidding auctions for NFTs and other assets, which could make the auction process more efficient and secure.

Lastly, the integration will also impact DeFi applications by enabling encrypted order books. This feature could enhance the security and privacy of transactions within the DeFi space, potentially attracting more users to these platforms.

Referral marketing, a strategy deeply rooted in the traditional business world, has found a vibrant new arena in the cryptocurrency sector. As digital currencies and blockchain technology continue to revolutionize the way we perceive and manage finances, referral marketing has emerged as a powerful tool for promoting cryptocurrency platforms and services. This article delves into the effectiveness of referral marketing within this innovative sector, focusing on how it has contributed to network growth, user engagement, and the lasting impact of WEWE Global, a pioneering force in this domain.

The Mechanism of Referral Marketing in Cryptocurrency

Referral marketing in the cryptocurrency context operates by incentivizing existing users to invite new participants. This strategy leverages personal networks and trust, which are crucial in the still-nascent and often volatile world of digital currencies. By encouraging users to refer peers, platforms increase their visibility and credibility. The model is particularly effective in the cryptocurrency sector due to the community-oriented nature of blockchain technologies and the direct benefits it can provide through token-based rewards systems.

Impact on Network Growth and User Engagement

The growth of a cryptocurrency platform via referral marketing is markedly rapid. As users invite their contacts, the network effect takes hold, exponentially increasing the user base and liquidity of the platform. This growth is not just in numbers but also in engagement levels. Users who join through referrals are more likely to be active, motivated by both the trust in their referrer and the rewards on offer. This sustained engagement boosts transaction volumes and, by extension, the robustness of the platform.

The Legacy of WEWE Global

WEWE Global was a prime example of a cryptocurrency platform that successfully harnessed the power of referral marketing. As a decentralized autonomous organization (DAO), WEWE Global empowered its community members to actively participate in shaping the platform’s evolution. This was not merely a company with customers but a community with co-owners. Members could propose, vote on, and implement changes, making the platform highly responsive to user needs and market trends.

WEWE Global operated as a multiservice platform, merging the transformative potential of cryptocurrency with the strategic engagement of referral marketing. It provided a myriad of services, such as the SMARTSTAKE, CryptoBulls, Cloud Minting Program, LAUNCHPAD, and TRAVEL4YOU, all accessible through its platform. By integrating these services, WEWE Global offered a holistic ecosystem where digital entrepreneurs could thrive.

The referral marketing component of WEWE Global turned users into Independent WEWE Ambassadors (IWAs). These ambassadors could build their businesses by forming teams and leveraging their networks to expand their influence and financial success. As they progressed, the rewards increased, culminating in opportunities like the WEWE Global Retreat—a week-long event designed to further hone their entrepreneurial skills and solidify their commitment to the platform.

Conclusion

The effectiveness of referral marketing in promoting cryptocurrency platforms like WEWE Global is undeniable. It not only supports network growth and boosts user engagement but also instills a sense of ownership and community among users. The legacy of WEWE Global serves as a testament to the potential of integrating referral marketing with cryptocurrency services, pointing to a model that other platforms might emulate to foster growth and ensure sustainability in the digital age. As the sector evolves, the principles of referral marketing remain relevant, potentially guiding more platforms towards success and stability.

The values, principles, and incredible success of WEWE Global as a digitally aligned global community live on today, with members having migrated to Journey Bridge and Cloud Minting with an unparalleled success rate of 96%. The legacy that the community has built throughout the years continues to thrive, as Journey Bridge and Cloud Minting continue the pursuit of a world where opportunity and access are available to all. 

About WEWE Global

WEWE Global is a decentralized autonomous organization (DAO) that connects services provided by its partner companies to a global community of thousands of digital entrepreneurs. By empowering each community member to implement their ideas, WEWE Global fosters continuous improvement and innovation, ensuring the platform evolves to meet the needs of its users.

TDLR

Cardano shifts focus to its Chang Hardfork for better decentralization. 

Enterprise blockchains offer decentralization and utility for developers.

The Galaxy Fox game also deploys decentralized governance for its users.

Cardano looks to complete its Chang Hardfork in June 2024. This upgrade intends to ensure the network operates more like a Decentralized Autonomous Organization (DAO) and lives up to its decentralized ideals. 

Decentralization is a core aspect of blockchain governance. This trait is what distinguishes the technology from traditional finance which had a top-down approach. Cardano looks to leverage its robust governance, security, and architecture to compete more favorably with Ethereum. 

Galaxy Fox ($GFOX) also launched its decentralized play-to-earn gaming platform in May. The meme coin token was listed on Uniswap in April on the back of a strong presale and is looking to be one of the best projects of the year.

Cardano To Complete The Chang Hard Fork

The Cardano blockchain is set to take the final leap toward becoming a DAO by implementing the Chang Hardfork. The project currently relies on a firm called Input Output Global for management and will take this step to achieve its decentralized vision. 

Founder Charles Hoskinson expects that the hard fork will happen in June. This event will propel Cardano into its Voltaire age which places the community in charge of governance. 

Cardano launched as one of the most exciting projects in the crypto landscape. Hoskinson was one of the Ethereum founders and intended to create a better project. His vision for Cardano was for a research-driven and secure enterprise blockchain. The blockchain has gone through different “eras” as the project vision. 

Cardano proponents anticipate that this evolution should give the project more credibility with developers. For all its scalability challenges, Ethereum has remained the dominant smart contract blockchain. Cardano faces a critical few weeks in determining its future. 

$GFOX To Surpass ADA?

Even as Cardano navigates its crucial phase, utility meme coin Galaxy Fox is surging. This play-to-earn gaming platform is a turning point for meme coin development and investors are responding to its bold approach. 

Galaxy Fox launched its exciting game on May 18, 2024 and continues to add exciting features for its users. The game features battles with the theme of digital fox characters for various rewards.

Gaming is a rapidly growing aspect of blockchain development. The nexus of high-tech gaming and tokenized rewards creates a valuable platform for gaming enthusiasts. Galaxy Fox looks to build on the progress of exciting blockchain games in the sector. 

$GFOX stands out from existing memecoins because of this utility. It is not one-dimensional like memecoins that live and die by the meme concept. Instead, it looks to leverage the utility the game provides to ensure that users continue to derive value from the platform regardless of the prevailing market trends.

Additionally, players can benefit from NFT collectibles and staking opportunities on the platform. Staking involves contributing the requisite amount of tokens to facilitate platform exchange and governance functions. This level of sophistication and vision could propel $GFOX to heights ADA is yet to reach. 

or Info about $GFOX, visit Galaxyfox.io 

Conclusion 

Cardano enters its Voltaire era with plenty to prove. This project must surpass other “Ethereum killers” like Solana to challenge the ultimate titan. The core team hopes this launch will kickstart a golden era for the project. 

$GFOX is keen to make the most of its strong launch. This meme coin should become one of the best projects to launch in 2024.

Visit the Galaxy Fox website today to learn more about the project. 

Learn more about $GFOX here:

Galaxyfox.io  | Join the Community

The post Cardano Prepares For Chang Hard Fork in June: Why Is ADA Still Trailing GFOX? appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing.