Swiss Crypto Startup Eidoo Announces Token Tied to the Price of Gold
Eidoo has become the latest cryptocurrency startup to seek to create a more stable token by tying it to the price of gold. The Switzerland-based startup says the ERC-20-compatible token, dubbed the ekon, will sit alongside its multicurrency wallet and decentralized exchange. But perhaps more notably, each token will be redeemable for one gram of […]
Paris Saint-Germain Soccer Club to Launch Fan Token
French soccer club Paris Saint-Germain (PSG) is partnering with blockchain platform Socios.com to launch a token ecosystem, according to a press release shared with Cointelegraph September 11. PSG plays in the highest tier of France’s soccer league and has been hailed as the country’s “most popular” team. Socios describes itself as a digitized, tokenized form […]
LINE Launches $10 Million Token Venture Fund
Japanese messaging giant LINE has launched a token venture fund with a capital commitment of $10 million via its recently established subsidiary called Unblock Ventures. The publicly traded firm announced the fund in a release on Wednesday and said it aims to invest in blockchain startups in an effort to boost technological development. While Unblock […]
