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Toyota to Support Astar Network’s Hackathon and Test Blockchain Use Cases

Toyota, a Japanese giant in the automotive industry, is exploring the potential uses of Blockchain technology further by supporting a Web3 hackathon on the multi-chain smart contract network Astar Network, which may also result in management systems for Toyota’s staff. With the development of an intra-company DAO support tool on the Astar Network, one of…

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Alien Worlds NFT Game Introduces In-Game DAOs To Increase Competition

The developers of both the play-and-earn NFT gaming Alien Worlds announced the introduction of the in-game DAOs—or decentralized autonomous organizations—under the fresh Planetary Syndicates concept to increase competition among various communities. There is an NFT-based game, Alien Worlds; players can gather and exchange one-of-a-kind digital objects that were predominantly created somewhat on a WAX blockchain….

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Flipkart Partners with eDAO to Launch Virtual Shopping Experience in Metaverse

The E-Commerce giant Flipkart is set to launch its metaverse. Flipkart, owned by Walmart, has partnered with eDAO to offer a metaverse experience for its customers. For your reference, Walmart gave a sneak peek into its metaverse strategy years ago when it demonstrated a drone delivery system when a customer orders something from metaverse stores….

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Top Decentralized Autonomous Organization (DAO) Use Cases

With Decentralized Finance (DeFi) coming into focus, companies and individuals all around the world are starting to recognize the potential of blockchain technology. The global popularity of Decentralized Autonomous Organizations (DAOs) can be directly attributed to the expansion of Decentralized Finance. DAOs have emerged as one of the most potentially disruptive resources of the decentralized…

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DAOs Vs. Traditional Organizations: A Detailed Comparison

For years, we have witnessed traditional organization management being used abundantly worldwide. Although these organizations have ruled for years, people have come across several challenges in traditional organizations and finally felt the requirement of upgradation from the traditional organization to the modern system popularly termed as Decentralized Autonomous Organizations or DAOs for short.  Since not…

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New Community-Based Security Mechanism Launched By BNB Chain To Protect Users

BNB chain has partnered with top-class security audit firms to launch AvengerDAO, a community-based security infrastructure project for the blockchain platform. Leading security firms such as SlowMist, Go Plus, Certik, BlockSec, PancakeSwap, and more have come together to create an additional layer of security protection. The Decentralised Autonomous Organisation (DAO) has no central leadership, and…

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What Is MakerDAO And How It Works?

As crypto gained its pace within the financial cluster, the constantly changing dynamic nature of virtual currencies posed a question on its vitality. Most investors failed to trust crypto because of the massive market fluctuations inhibited by the assets. This paved the way for launching a safer decentralized asset class called ‘stablecoins’ that strives to…

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Metamask DAO and Tokens: Expectations and Anticipations

Joseph Lubin, the creator of ConsenSys, has stated that MetaMask will bring its own token and Decentralized Autonomous Organization. The new update for the MetaMask coin is still to be determined, with details regarding both the token and the DAO only recently being available. What will that involve, precisely? According to Joseph Lubin’s interview with…

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What Is MetaCartel and How Does MetaCartel Work?

When we think about giving shape to our business idea, the first thing that comes to mind is CAPITAL. The importance of funds in starting a business is undoubtedly not something that requires a lot of discussions as we are all well aware of it. However, investing all your hard-earned money into your project might…

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All you should Know About TempleDAO (TEMPLE) Token

Last year, there was an attempt to tout almost all cryptocurrencies as “the next Bitcoin” due to Bitcoin’s meteoric increase in popularity. Because of this, many individuals raced to buy these currencies, unaware of the currency’s high volatility. Due to which many faced losses. However, if they had knowledge about stable coins, they would have…