Daily Edition · Page 5

THE DAILY INDEX

Technology, AI, software, security, crypto and business

MARKETS & BUSINESS

TLDR Crypto

WORMHOLE (W) TOKENOMICS

Wormhole, a multi-chain bridge solution supporting 30+ blockchains, announced the upcoming launch of its native token, W. With an initial supply of 1.8 billion, the token allocation will include strategic stakeholders, community and launch, core contributors, ecosystem and incubation, strategic network participants, and the WormHole Foundation Treasury. The community piece of this will include an airdrop for which the snapshot has already been taken and will be one of the most anticipated airdrops of the year.

TREASURE INFINITY CHAINS

This litepaper details Treasure’s new decentralized gaming platform, Infinity Chains. The paper outlines the future of blockchain gaming and features an in-depth description of Treasure Chain, the main settlement layer for Infinity Chains' network. Key elements of this design include game-specific rollups and the role of MAGIC as the network's primary token. The project is aiming for a Q3’24 mainnet launch after a Q1’24 testnet implementation.

IMPROVING YOUR AIRDROP FARMING STRATEGIES WITH SMART CONTRACTS

This tutorial, aimed at increasing users’ chances for airdrop rewards, provides a quick, cost-efficient guide to deploying smart contracts on EVM blockchains and minting NFTs in 15 minutes or less. It leverages user-friendly tools, accessible to individuals without prior coding knowledge. The steps include smart contract creation and deployment, setting up NFT claim conditions, uploading NFT metadata, and ultimately minting the NFT. The tutorial further simplifies the process by using predetermined files and websites.

SEC’S HESTER PEIRCE STILL PLANS TO PUSH FOR A TOKEN ‘SAFE HARBOR’ PLAN

SEC Commissioner Hester Peirce is reportedly not giving up on her Token Safe Harbor Proposal designed to attract and support cryptocurrency innovation in the US. Peirce's plan would offer developmental teams a three-year grace period to build decentralized networks free from registration provisions of federal securities laws, assuming certain conditions are met. The proposal seeks to balance the concerns of crypto skeptics with the interests of innovators while addressing the lack of disclosure around token issuances.

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