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Cardano Updates

Midnight Tokenomics

News just out on the distribution of Midnight token ($NIGHT) from the Midnight team. Good news that Cardano will be getting 50% of the total distribution, with 20% of the supply allocated to BTC holders. The remaining 30% will be split among holders of ETH, SOL, XRP, BNB, AVAX, and BAT, in proportion to their relative USD…

Categories
Musings

Why tokenomics matter

A busy week in the crypto markets, triggered by the collapse of the StableCoin Terra and the non stable reserve Luna, has led to some soul searching by commentators, and a lot of articles in the main stream media predicting the imminent demise of cryptocurrencies (again). But was it surprising? For us the answer is…