Published on Aug 18, 2021 by Jon Alvarado
Walmart is seeking to hire a cryptocurrency and digital currency product lead. This person will create a digital currency strategy for the firm. This is coming after Amazon announced a few weeks prior that they will be hiring a crypto lead. Walmart is trying to be equally competitive to Amazon.
CAPTCHA is the security window that pops up asking if you’re a robot and makes you click on the pictures of the fire hydrants or street signs. The Human Protocol Foundation is making hCaptcha that will reward users for completing the picture selection tasks with cryptocurrency.
The new mobile video game Dogemon Go will utilize both AR and Dogecoin. The game is similar to Pokemon Go. Users will be able to out and catch creatures and earn Dogecoin while doing so.
Prior to the firm raising capital, it had a 20x quarter or quarter growth and had $7B staked across its networks. PoS has seen tremendous growth recently from layer 1 launches of Solana, Polkadot, and Terra. Users have staked over $14B in ETH, Coinbase is expected to make $200M by 2022 from staking, and JP Morgan has stated that by 2025 the staking industry will be worth $40B.
The new developer stated that they won’t have to bootstrap to find users because they can come from Twitter. A decentralized social media network will allow users to govern themselves.
Letting anonymous internet users govern themselves may not turn out to be what everyone is hoping for. However, giving control of user’s data back to them can be a great thing.
About Deal Box
Deal Box is frictionless, intelligent venture investing for the digital age. A specialty consulting firm focused on capital markets strategy, Deal Box utilizes both traditional and digital securities to enhance capital formation for early ventures and growth-stage companies. Through an industry leading Investment Packaging diligence process, Deal Box digitizes highly-vetted securities in private companies to redefine the ownership experience for retail and professional investors.
Founded in 2016, Deal Box was created to democratize venture capital. Through an institutional level approach to capital formation and best-in-class technology, Deal Box has packaged hundreds of early-to-mid stage companies, generating millions in both direct and syndicated investments over the last four years.