Harga Bounce TokenAUCTION

Ethena Labs Withdraws from USDH Stablecoin Issuance Auction

Ethena Labs Launches USDH Stablecoin Issuance Auction

USDH Auction Update: Native Markets currently has a 70.59% share of the total staked amount, increasing their chances of winning to 93%.

Tokenomics The $ART token is a reward provided to users of the LiveArt partner network, which can be used to exchange for enhanced art collection experiences and digital art. Paired with the LiveArt X Card – a membership card that gives owners administrative capabilities, users have the opportunity to earn fast-tracked $ART rewards to reach their collection milestones faster and allow them to connect with a community of like-minded artists and collectors Token Use Case The ART token has 3 main applications: Participation in the launchpad: Participants in the launchpad are divided into tiers based on points. More points mean higher participation ratios, lower fees, and earlier participation. Points are earned based on user activities on the LiveArt platform. Participation in the DeFi ecosystem: Sharing revenue from transaction fees, NFT issuance fees, etc. Using ART as collateral to borrow assets. Providing liquidity and receiving rewards with ART. Staking ART to earn rewards. Reduced transaction fees. Other applications: Participating in platform governance. Inviting new users. Community participation benefits on LiveArt. More Details Pre-sale Supply: 70M ART Total Supply: 1B ART Tokens for sale: 100M ART Amount raised: $4.5M Platform: Ethereum Registered country: United States Registration year: 2020 Office address: 750 Lexington Avenue New York, NY 10022 United States Based on the product logic, ART tokens are expected to have many use cases, such as: Service fees (auction, listing, AI, etc.) Copyright fees Trading fees Brokerage fees Private round: $0.1 per token Fully Diluted Market Cap (FDMC): $100M Token Generation Event (TGE): Cliff period of 3 months, then linear release over 18 months The investment round was called at a price of $0.1 per ART token, making the FDMC $100 million. This valuation ranks fourth in the market in this field, compared to Blur ($1.6B), Magic ($240M), and Looksrare ($120M). However, other products have already launched tokens for a long time, and currently match the market valuation. With this FDMC, Liveart’s valuation seems appropriate, not too high, and the opportunity for good profits is feasible. IV. Team Boris Pevzner: Co-Founder & CEO Boris studied Physics at Columbia University and then went on to earn a Master’s degree in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology. Boris previously built XFire – a social gaming service, with over 19 million registered users. Xfire was acquired by Viacom in 2008 for $102M. Boris also co-founded Collectrium – a global digital platform for managing, discovering, sharing, and trading art and high-end collectibles, later acquired by Christie’s in 2015. Boris co-founded Carggo – a digital logistics company that is bringing the freight transportation industry into the digital age, supported by AI. As of December 2020, Boris officially founded and developed LiveArt. Adam Chinn: Co-Founder Adam earned a Bachelor’s degree in English Language and Literature from Oxford and then studied Law at New York University. Throughout his career, Adam has played important roles in organizations he has been involved in, such as Sotheby’s, HFC, Art Intelligence Global, and LiveArt.

Native Markets has secured a 71.88% staking share in the USDH auction.