An introduction Eric Chen is CEO and co-founder of Injective Labs, a core contributor behind the Injective decentralized exchange. Injective Protocol decentralized exchange protocol (DEX) backed by big names like Binance and Mark Cuban. The protocol is designed to be permissionless, fully decentralized, and fast with low gas fees. It runs on a governance proposal procedure, community members are a pivotal part in all of Injective’s decisions. “Injective is purely community driven. Governance dictates everything.” What is Injective Protocol? “It’s pretty similar to the overall model of Uniswap. Which is basically all the protocol upgrades and contract upgrades are dictated by the community, a governance vote is required for major…
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Ukraine Is Doing a Crypto Airdrop
Donors earn rewards
Press play to hear a narrated version of this story, presented by AudioHopper. Airdrop On March 1st, Ukraine announced an airdrop for anyone who made a crypto donation for the country. “Airdrop confirmed. Snapshot will be taken tomorrow, on March 3rd, at 6pm Kyiv time (UTC/GMT +2 hours).” Ukraine has received over $30 million in crypto donations in the last week. This is a relatively small number compared to donations made directly through organizations or through war bonds. That being said, Ukraine is still using an airdrop as an incentive to get more people to donate with crypto. Anyone can make donations with crypto, whether they’re using an exchange or…
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Teaching People About Crypto
There needs to be an emphasis on the technology
Helping others Investing in crypto really is like gambling. Crypto technology allows uncensored and fast payments to be sent across the world, something previously unheard of. That’s only the tip of the iceberg. Despite all the cool capabilities of this technology, people spend their time arguing like children on Twitter about why Bitcoin’s price changed three percent, or blindly following some influencer and trusting their life savings into whatever garbage project they promote. The best way to teach people about crypto is to make it fun, fast, and yet still informative. Coinbase does a great job of this. They have a series of videos you can watch on different tokens,…
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Avalanche: The Ethereum Alternative
Cheaper and faster transactions make this programmable network very appealing
Why Avalanche? Avalanche is one of the fastest growing networks in crypto. The network, which is powered by the AVAX coin, is more scalable and efficient than Ethereum. Avalanche is a type of network that is referred to as an “Ethereum Killer”. Ethereum is the second largest network in crypto, with a market cap of over $300 billion, second only to Bitcoin. Ethereum is a layer 1 blockchain, meaning other projects can be built on top of it. People have built games, DeFi swaps, and even other blockchains by using the Ethereum network. Ethereum has been around since 2015, so with seven years in the crypto space, the network has…
