Tribe DAO Proposes $157M Redemption Program to Distribute Crypto Assets to Token Holders and Rari Hack Victims.

[Tribe DAO proposes a $157 million redemption plan to distribute encrypted assets to token holders and Rari hack victims] Jinse Finance reported that Tribe DAO has proposed a proposal to shut down its protocol operations. It is a roughly $157 million redemption program that distributes remaining assets controlled by The DAO to TRIBE holders and compensates victims of the Rari hack that occurred in April. Any approval will need to be in a future DAO vote by token holders. The redemption proposal will compensate the hack victims in this incident with the team’s 88.9 million unvested TRIBE tokens, which will release about $16 million to the victims. For TRIBE holders, the total amount of assets controlled by the DAO is approximately $141 million, which will be distributed proportionally.

On April 30, Rari Capital’s funding pool was attacked, worth approximately $80 million. (The Block)

Other news:

Metaverse Matrix World will release a cloud-based WYSIWYG model editor: On November 27th, the programmable 3D multi-chain Metaverse Matrix World tweeted that the team intends to release a series of tools that allow anyone to build in Matrix World 3D objects. The first tool will be a cloud-based What You See Is What You Get (WYSIWYG) model editor. [2021/11/27 12:35:28]

NFT sneaker market Futures Factory raised $2.5 million, Seedcamp, Stride and others participated in the investment: On September 20, Futures Factory, a blockchain-driven digital sneaker market, announced the completion of $2.5 million in financing, co-founded by Seedcamp, Stride, and Voodoo People, Kima Ventures and RTP Global participated in the investment. Launched last year, the France-based startup is a marketplace for virtual sneakers that users can collect (trade as NFTs) and use on augmented reality platforms like video games, in addition to Virtual sneakers become physical sneakers. By using NFTs and augmented reality to "finance sneaker production," the company hopes to "make the waiting time (for sneaker production) more fun" and "create new interactions between consumers and brands," to Support creators and consumers. (sifted) [2021/9/20 23:38:41]

On-site | MATRIX CTO Li Qinghua: The chain storage process of the blockchain has the attribute of communication: Jinse Finance reported on the spot on September 7. Today, at the BCCC Global Blockchain Technology Case Summit hosted by msup, MATRIX CTO Li Qinghua gave a speech Said that the chain storage process of the blockchain (that is, the broadcast process) enables the information recorded on the chain to be disseminated to nodes all over the world. The dissemination attribute of the blockchain is the basis for understanding applications in the fields of text, pictures, and videos. [2018/9/7]