Weekly Market Insights Overview:
1. The Story of the Week: The
narrative is on "Internet Capital Markets," which combines local collaborations seeking in the realms of crowdfunding and new blockchain-based startups.
2. Major Production Updates
The Ethereum Trillion Dollar Change Initiative (1TS) has been launched, which is developed collaboratively to advance Ethereum for large-scale operations.
3. DeFi Brief: Synthetics has.
Proposed a $27M token swap to acquire the options trading platform Derivate (previously known as Lyra).
4. Meme Tokens: Pump.fun has.
Distributing 50% of the earnings from the pump swap among the creators of the coins, creating a revenue-sharing model for creators.
5. Fundraising: Purple, a moon-
Based on perpetual DEX, raised $9.25 million in a round led by Mirana Ventures, Hashkey, Brevan Howard Digital, and other collaborations.
6. Airdrops
NFT production Doodles has launched their Dood token airdrop, distributing tokens directly to eligible holders.