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  • Joke MEME coin airdrop is now worth $600K
    Joke MEME coin airdrop is now worth $600K
    The MEME crypto asset has blasted into new all-time highs of $1,775 after being listed on Poloniex. MEME, a community-driven project inspired by a ConsenSys developer’s satire of the yield farming bubble, has gained nearly 100% in 24-hours to post an all-time high of $1,775 after listing on Poloniex. Since the start of September, MEME has gained more than 900%, despite its supporters promoting the project through the slogan ‘don’t buy MEME.’ MEME is currently the 254th-ranked crypto asset with a $48 million market cap, with more than $17 million worth of MEME changing hands in the past 24 hours. MEME/USD: CoinGeckoThe project’s unlikely rise began when ConsenSys’ DeFi product lead Jordan Lyall created a mock-advertisement for a yield farming protocol generator dubbed ‘The Degenerator.’ Within hours of the post circulating across crypto-Twitter, someone had created an ERC-20 under the same name, and listed it on Uniswap under the ticker ‘MEME.’ The 28,000 token supply was distributed via airdrop in batches of 250 to Telegram users within 30 minutes of the token’s creation. The project now comprises an “experimental protocol” that “mash[es] up some of the most exciting innovations in DeFi” by offering yield farming rewards in the form of meme-inspired non-fungible token collectibles. 11 days ago the Meme Team was born just minutes after my degenerator tweet mocked YOLO DeFi developmentNow: against all odds, and irony, it's a passionate community experimenting with DeFi and artMeme is an NFT farming protocolThe LP Pool is live!https://t.co/etBA1cmr1P pic.twitter.com/5v9dt2jc2t— Jordan Lyall (@JordanLyall) August 26, 2020 Poloniex is the sixth exchange to list the token, following Uniswap, Balancer, 1inch, Hoo, Mooniswap.
  • Hong Kong’s BTC association pushes ‘Bitcoin Tram’ ad campaign
    Hong Kong’s BTC association pushes ‘Bitcoin Tram’ ad campaign
    Another massive Bitcoin ad rolls out in Hong Kong, urging citizens to “be their own bank.” The Bitcoin Association of Hong Kong, a major local alliance promoting crypto awareness and education, is launching the “Bitcoin Tram” ad campaign in Hong Kong; one of the world’s main global financial centres. According to a Sept.
  • Yield farming satire MEME turns into multi-million dollar crypto project
    Yield farming satire MEME turns into multi-million dollar crypto project
    A fake advertisement intended to send up the yield farming frenzy has turned into a genuine NFT farming DAO with a $3 million market cap. Degenerator, or MEME, an obscure project that began life as an airdrop to Telegram users, has managed to garner a $3 million market cap and is seeking to carve a niche for itself as a non-fungible token (NFT) farming protocol. MEME emerged from a joke posted by ConsenSys’ DeFi product lead Jordan Lyall, who created a joke advertisement ‘The Degenerator’ — a fictitious tool for creating ponzinomics-inspired yield farming tokens. The joke quickly struck a chord with the crypto community, receiving significant engagement on Twitter.
  • Unnamed DeFi project offers Tone Vays $500k for promotion
    Unnamed DeFi project offers Tone Vays $500k for promotion
    A less scrupulous figurehead would probably have said yes. Amid skyrocketing prices in decentralized finance, also known as DeFi — a current hyped niche of crypto — one project offered half a million dollars as payment for media visibility.   An unnamed DeFi project contacted trader and YouTuber Tone Vays, offering $500,000 for advertisement, Vays detailed in a Sept.
  • Following Crypto Ad, Grayscale Sees 'Largest Fundraising Week Ever'
    Following Crypto Ad, Grayscale Sees 'Largest Fundraising Week Ever'
    Following the debut of crypto asset management firm Grayscale Investment’s new TV advertisement in the US, early signs suggest viewers did take notice, although the company itself is still keeping details scarce - but saying that additional content is coming to digital channels.
  • Cash App for Comment: Joe Rogan Tells 200M Listeners to Buy Bitcoin
    Cash App for Comment: Joe Rogan Tells 200M Listeners to Buy Bitcoin
    Cash App is paying Joe Rogan big bucks to talk up Bitcoin according to his scripted spiel on his most recent podcast. Podcaster Joe Rogan used the first few minutes of a recent episode to read out an advertisement for his sponsor Cash App and to tell listeners to buy Bitcoin. On Episode 1515 of the Joe Rogan Experience released on July 28, Rogan adopted his customary tone used to plug advertising sponsors — including Cash App — before going on to state some serious technical points about Bitcoin (BTC), like stacking sats.  “Bitcoin is a transformational digital currency that acts as a decentralized peer-to-peer payment network powered by its users, with no central authority,” Rogan read out. “I love it.
  • HEX Plasters UK With Ads Boasting of 11,500% Returns
    HEX Plasters UK With Ads Boasting of 11,500% Returns
    Ads boasting that the price of the controversial HEX token has risen 11,500% in four months appeared at English Premier League soccer games. Richard Heart’s controversial HEX token has launched an advertising blitz in the UK, plastering ads on London public transportation, in newspapers, and during English Premier League soccer games.  As reported by Twitter user Metallic Elmo, scrolling text appeared behind players at the series of soccer matches on July 26.  “HEX price went up 11,500% in 129 days,” the ads stated, directing viewers to visit the ERC-20 token’s website. Four months ago — March 19 — the altcoin was priced at $0.0000359 according to crypto analytics site CoinMarketCap, compared to $0.004394 on July 26, an increase of 12,139%.  User hexhivist posted a photo of the same phrase on a HEX advertisement on the side of one of London’s famous red double-decker buses.
  • How Blockchain Technology Will Change the Marketing Industry
    How Blockchain Technology Will Change the Marketing Industry
    Blockchain tech has not yet reached its full potential for use in the marketing and advertising industries, but it definitely will in the near future. In modern business, there are no areas left where blockchain enthusiasts will not try to use the technology.