Daily Crypto NewsEDITION #376, 29 August 2022

Gem City stands up for bitcoin

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Hey Moni Maker 👾

Today, the Gem City DAO condemned the anti-bitcoin rallies that are taking place in Bank City. According to DAO, you can't insult the first cryptocurrency because you (i.e., the protesters) don't understand how to use it.

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Entropy: Spreading the dough in a decentralized way

Another project is under scrutiny. Today it is early again, which means that not much is known, but the preconditions for gem score are high. Let's take a closer look, huh? 

So, Entropy! This site is, of course, awful. Still, we managed to establish a couple of facts: the project is developing a maximally flexible and (suddenly!) decentralized network for managing and storing ordinary users' assets. They've raised quite a bit of money,  $27,000,000, from A16Z, Coinbase Ventures, Ethereal Ventures, and Dragonfly Capital. Such money could afford you to create a gem! Or buy a yacht... 

As has already been said - the project is early, and there is not much information. So, for the time being, follow Twitter, join Discord and show activity, for which, as you know, you can get an early role or something like that, so don't be shy!

#DOUGHISFUND

Projects raised dough (Looking for Gems)

Who raised some money for developing? Let’s check it out. Like & Share. 

All eyes on the infographic! 

Mural is developing financial security solutions for DAOs

Unlockd is a credit protocol for NFT, DeFi, P2E and metaverse.

Primitive is the ecosystem for DeFi solutions without oracle.

DYOR, bro. 

THE END!  

SEE YOU LATER!                         

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