Daily Crypto NewsEDITION #382, 06 September 2022

Gem City wants to merge

Hey Moni Maker 👾

Today, the Gem City DAO suggested that some blockchains that work on Proof-Of-Stake and Proof-Of-Work switch to Proof-Of-Gem. The blockchain DAOs are thinking about this proposal and will answer in the coming days.

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- Arbitrum airdrop     

As we promised today, the traditional aping project will be SudoSwap. So here it is. Especially given the dreams about the NFT fall and the specifics of SudoSwap itself, there's a straight gem brewing. Maybe. Let's see!

Sudoswap is an AMM protocol for simply exchanging NFT (ERC721) for tokens (ETH or ERC20). One would think, what is so revolutionary about it? But there are a couple of nuances. If you have NFT, it is possible:

- put it on the market according to the classics (list) 

- sell it at the best possible price

- put it in the liquidity pool.

What liquidity pool is that? For example, there is a JPEG/ETH pool, and any JPEG owner may send it right there at offered and cunningly calculated price or the owner may put NFT into the pool and get some dough. Also, the pool does not have to be a pair; you can also do a one-person pool. 

Guys recently presented their tokens. Well, more precisely, the mechanics of its distribution - click. 

In general, it is interesting as much as it is tricky. So, more details here. Well, check the project here.

A fresh selection of those who raised dough. Likes & Shares are a must or no NFT autumn for you!

All eyes are on the infographic! 

Clockwork is a project to schedule transactions and automate workflows across the network without relying on centralized cloud service providers

Tokenproof is a solution that allows consumers and verifiers to securely authenticate ownership of NFTs while eliminating any risk of theft or loss

Sei Network is a fast L- 1 blockchain precisely optimized for trading

DYOR!  

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