#tokens
2 stories
Markets2d ago
The9 Lost $13M Operating — Then Its Own Token's Paper Gains Delivered a $32M 'Profit'
A $47.2M fair-value gain on 9BIT, plus an $11.1M token reward, exceeded the Nasdaq-listed company's entire net income. Revenue: $712,000.
The Latest Desk

OpinionMar 26
DeFi's Users and Token Holders Want Different Things, and It's Breaking the Model
Protocol usage is at record highs. Token prices are stuck. The two groups of stakeholders have preferences that increasingly point in opposite directions — and the governance architecture assumes they're the same people.
Jonah Vega