• DApp platform NEAR
    Cryptocurrencies,  Technology

    Open Web DApp platform NEAR completion

    Andreessen Horowitz led a $21.6 million funding round for NEAR Protocol, a platform that allows decentralized applications to tokenize anything from game assets to stock certificates

    The funding round announced on May 4 will enable Switzerland-based NEAR to continue developing a platform that enables decentralized application builders to write, test, and deploy their DApps in a matter of minutes.

  • Major Algorand upgrade
    Alt coins,  Innovators

    Algorand announces $50M grant program to boost its blockchain

    Three beneficiaries have already been announced, and other projects will be able to go through an open application process in due course

    A decentralized finance-focused blockchain platform, Algorand has earmarked a total of 250 million ALGO tokens worth $50 million for multi-year grants initiative, designed “to provide funding to projects building apps to support infrastructure, end-user application, and research innovation on its blockchain.”

  • Chinese tech giant Baidu has launched The Matrix, er, the Xuperchain blockchain (via Baidu).
    Technology

    Chinese search giant Baidu launches Xuperchain blockchain

    At about one-seventh the cost of competing blockchain-as-a-services platforms, the goal is to make it easier for small companies to launch DApps

    Baidu Xuperchain is a “blockchain basic service” for small- to medium-size businesses that want to quickly and easily deploy DApps and use smart contracts. It also supports President Xi Jinping's October call to make China the world leader in blockchain.

  • Bancor co-founder Guy Benartzi’s at the Ethereal Summit in Tel Aviv on September 15, 2019 (Photo by Molly Jane Zuckerman for Modern Consensus).
    Technology

    ‘After the flood comes rainbows and sunshine’: Bancor’s Guy Benartzi on state of the crypto space

    The co-founder of the liquidity-focused blockchain protocol spoke with Modern Consensus at the Ethereal Summit about the possibilities for a multi-blockchain, multi-crypto world

    Bancor co-founder Guy Benartzi’s talk at the Ethereal Summit in Tel Aviv on September 15 was straightforward: he wanted to discuss the company’s Year 3 roadmap, and he wanted to share the new creator.eco platform—built on the Bancor protocol—that helps content creators monetize through a staking system.