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IOG Unveils Cardano's Roadmap for 2023 and Beyond

Input Output Global (IOG) has announced its plans to enhance Cardano's transaction capacity and prepare for the Leios upgrade.

Mohamed Farouk

3 hours ago

Revised Editorial Standards Seek to Improve Reporting Quality.

A new editorial policy has been established to ensure accuracy, relevance, and impartiality in reporting.

Elias Mukuru

4 hours ago

Core Scientific Shifts Focus from Bitcoin Mining to AI Data Centers

Core Scientific plans to raise $33 billion through senior secured notes as it transitions from Bitcoin mining to AI data centers.

Diego Alvarez

4 hours ago

Umbra Crypto Protocol Takes Its Front End Offline Amidst Legal Concerns

Umbra Crypto Protocol has taken its hosted website offline to prevent further misuse of its platform for moving stolen funds.

Kenji Takahashi

5 hours ago

What is EcoFi?

EcoFi is an open-source, permissionless, and censorship-resistant protocol built to power safe and responsible innovation in the Decentralized Finance (DeFi) space. The EcoFi protocol is designed to equitably disburse value among system participants through a unique infrastructure hinging on infinite scarcity, made possible due to the unique mechanics of EcoFi's distribution mechanism. This is achieved by staking ECO tokens through the EcoFi protocol to mint SPRT tokens. SPRT tokens can be used to purchase digital goods from an ecosystem connected to the EcoFI Platform comprising numerous marketplaces. The first such marketplace will be the HyperObject FINE ART NFT Gallery, a one-of-a-kind digital art gallery featuring FINE ART NFTs backed by distinct physical editions. Once the marketplace is sufficiently stable, EcoFi will transition to a DAO governance model.