DappRadar

The crypto intelligence platform DappRadar says that the blockchain gaming sector witnessed a surge in the number of new users last month. DappRadar notes in a new blog post that the sector reached more than one million daily unique active wallets (dAUW) in October, a 16% increase from the previous month. Gaming represented 33% of […]
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Blockchain Gaming Sector Surges to More Than 1,000,000 Daily Unique Active Wallets, According to DappRadar


                    
                    The blockchain-based investment note is issued on Avalanche and will automatically distribute profits to holders’ wallets.
                    Neo-investment and technology firm Republic plans to issue a blockchain-based security token that will pay dividends to retail investors from profits across its broad portfolio of investment holdings.The Republic Note is a profit-sharing digital asset that will be launched on the Avalanche blockchain, which accrues profits generated from Republic’s wide-ranging investment portfolio and services. Republic has attracted over three million investors and has deployed over $2.6 billion into various ventures, including the likes of Web3 firms Avalanche, DappRadar and Dapper Labs.Republic has already carried out a presale round for the Republic Note, attracting over $30 million from individual and institutional investors. Dividends from the note are set to be paid out in USD Coin (USDC) to retail investors when the dividend pool reaches a threshold of $2 million. Related: Over 6,000 participants help Republic Note rocket past $8 million targetRepublic has also developed a proprietary Web3 self-custodial, cross-chain wallet that will be used to distribute dividends to Republic Note holders. The notes will not be tradeable digital assets like other cryptocurrency tokens and are set to be listed on select securities exchanges in the next two to three months. Republic president Andrew Durgee highlighted the selection of Avalanche as its blockchain platform of choice as primarily driven by the company’s ambition to reach and scale a broad audience of Web3 native investors:“Choosing Avalanche goes far beyond the network’s strength, scale, and speed — it solidifies our longstanding partnership with Ava Labs, built on a shared vision of more inclusive financial markets.”The Republic Note has been a work in progress since 2016 when its white paper was first published. Quantstamp has since audited the digital securities offering. The website for the upcoming digital security lists the price of a single Republic Note at $0.36. Between 330 and 350 million Republic Notes will be circulating at launch, with the total Republic Note supply capped at 800 million. As Cointelegraph recently reported, other cryptocurrency ecosystem players have also launched tokenized securities offerings to prospective investors.Blockchain technology firm Blockstream announced the launch of the Blockstream ASIC Note in August 2023, which allows investors to gain exposure to digital securities paid for in Bitcoin (BTC) that will be used to buy ASIC mining hardware at scale. Blockstream plans to store and sell the hardware back to the market as demand for ASIC miners picks up into 2024.Magazine: An investment in knowledge pays the best interest: The parlous state of financial education



Tech firm Republic taps Avalanche for profit-sharing investment note

[PRESS RELEASE – Please Read Disclaimer] DappRadar has launched Quests, a targeted user acquisition and product discovery tool that taps into gamification and an engaging reward system. Dapps (decentralized applications), games and other Web3 projects can sign up to deploy quests, while users can discover compelling tasks and products through the Quests hub. Already the […]