A16Z Buys a Large Stack of MKR
A16Z, a fund for digital assets from well-known VC Andreessen Horowitz, Crypto has purchased 6% (60k tokens) of the total supply of MKR for a price of $15M, paying $250 per token. This raised some questions, the most discussed is how this fund can buy MKR tokens from Maker DAO for 250$ per piece when the market valuation of each MKR token is 496$??
Maker DAO argues that the support from A16Z and their business experience will greatly help to establish the Maker stablecoin (DAI) und the MKR governance system in the financial world. But this discount leaves us with a stale aftertaste, especially since MKR is a governance token.
BitTorrent Integrates TRON in New Incentive Model
BiTorrent, which was bought by TRON a while ago, has announced that they will integrate a new incentive modell, where users storing and sharing files ("seeders")will earn TRX tokens for remaining online for longer periods of time. Additionally, users who are downloading content can pay seeders with tokens as well.