Arbitrum Under the Spotlight After DAO Decision: Is MATIC Still the Best Layer 2 Ethereum Chain
The crypto market is becoming competitive with every blockchain upgrade launch and high-stake agreements. On the contrary, Polygon (MATIC)’s Layer 2 technology is under pressure with Arbitrum’s recent DAO decision to allocate $215 million to its gaming ecosystem.
Arbitrum (ARB) Update: Million Dollar Approval Creates Hype
The Arbitrum Foundation, a decentralized autonomous organization (DAO), has unanimously passed a proposal to allocate 225 ARB tokens, equivalent to $215 million, to support the development and growth of projects within its gaming ecosystem. This initiative, known as the Gaming Catalyst Program (GCP), will help the gaming community with huge financial support.
Over the next three years, the GCP will receive $215 million to promote the adoption and awareness of Arbitrum, Orbit, and Stylus among developers and gamers. The foundation shared in a blog post that the program is designed to improve the ecosystem by encouraging builders and players to integrate and utilize these platforms.
DTX Exchange (DTX) Breaks The Barriers: Presale Bags $700,000
DTX Exchange (DTX), a cutting-edge layer-1 blockchain-based hybrid DeFi trading platform, has quickly captured the market’s attention with impressive fundraising achievements. Having secured over $2 million in its private seed round and raising over $100,000 in just two days during the public presale, DTX is gaining strong momentum.
To date, the hybrid platform has bagged over $699,000 in its presale, with tokens currently available at an attractive price of $0.04 each. This early investment opportunity is set to become even more lucrative as the token price will increase to $0.06 in the next funding round. Crypto investors and whales are approaching DTX Exchange as the next best crypto in 2024.
Polygon Labs Rebrand As Privado ID: What’s Happening?
Polygon Labs announced the spin-off of its blockchain-based digital identity solution, Polygon ID, into a new entity called Privado ID. This move is in response to the growing demand for digital identity solutions that integrate on-chain and online data. Privado ID, built on the Iden3 Protocol and Polygon ID, is a protocol-agnostic framework to expand beyond Polygon networks.
Privado ID empowers users to manage their data directly, enabling them to receive benefits or information from applications. The executive team at Privado ID comprises David Schwartz as CEO and Antoni Martin as COO, with Jordi Baylina and Sandeep Nailwal serving as technical and growth advisors, respectively.
DTX Exchange Attracts Investors With Lucrative Trading Features
DTX Exchange is poised to revolutionize the DeFi trading space with a solid and secure blockchain and growing investor interest. Investors are encouraged to take advantage of the current token price to maximize potential returns. Its strong financial backing is making DTX Exchange become a leading platform in the DeFi ecosystem.
As Aribitrum (ARB) and Polygon (MATIC) recover from the market fluctuations and anticipate future developmental upgrades, DTX Exchange (DTX) stands out as a lucrative opportunity for savvy investors to gain up to 25x profits as well as reduced trading fees, premium features, governance votes, proposals, potential airdrops, and more.
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