Latest Music Act to Launch a Social Token: Portugal. The Man
The Grammy Award–winning band is turning to Rally to join the ranks of musicians launching fan engagement tokens.
The proposed road map would see the "creator coin" platform split up into a venture studio, a DAO, a Swiss non-profit and more.
The “Creator Coin” startup saw more than 40,000 investors participate in its CoinList distribution, a record for the token-sale platform.
The proposal’s 36 voters unanimously backed Rally’s plan to spawn a venture studio, an Asia-focused affiliate and other new entities.
Further proof that centralized custodians can support the decentralized web, said Anchorage co-founder Diogo Mónica.
Historically, the periods the MVRV ratio has dropped below 1.0 have been some of the best times to invest in BTC, according to Coin Metrics.