Amp on Binance.US; Decentralized token networks webinar; NYT on the future of digital currency
The Amp Community Digest for Friday, July 30, 2021
The summer rolls on, and so do all things Amp… This week, Amp was added to Binance.US, making the token available to an ever-growing community of digital currency enthusiasts. There has also been continued interest in CBDCs and crypto around the world, as South Korea experiments with CBDC simulations and Argentina considers paying government employees in Bitcoin. For new community members, check out previous issues on Substack and subscribe to stay up to date. And for more frequent updates, make sure to join the Amp community on Discord and Twitter.
In case you missed it…
Amp on Binance.US
Amp went live for trading on Binance.US on Thursday, July 29th, making the token available to a new host of potential stakers across the United States.
Flexa CEO Tyler Spalding joined Arweave CEO Sam Williams and Nexus Mutual CEO Hugh Karp for a live webinar hosted by Coindesk on Tuesday, July 20. The talk centered on how decentralized token networks are already having a significant impact on some legacy business models, along with mainstream products (e.g., online games, data storage, insurance, and payments).
Current TVL of Flexa Capacity — $1.68 billion
Earn rewards for staking your Amp on the Flexa network toward the apps below:
Did you know?
Various governance initiatives around Amp and its ecosystem will soon be available for proposal and vote by token holders.
DeFi and payments news
The New York Times explores a future without cash
An opinion column authored by Cornell professor Eswar Passad ruminates on the ubiquity of digital payments and the development of CBDCs. The piece considers the benefits of digital currency (for instance, how it can be more accessible to the unbanked) and posits that the end of cash as we know it may be on the horizon.
Kakao to provide tech for South Korean CBDC pilots
Ground X, a blockchain subsidiary of internet company Kakao, has been chosen by the central bank of South Korea to be the technology provider for blockchain-based digital won simulations. Along with other Kakao affiliates, such as KakaoBank and Kakao Pay, ConsenSys will contribute using its ConsenSys Quorum and ConsenSys Codefi solutions.
Bill proposed in Argentina aims to provide crypto as salaries
Earlier this month, a bill was proposed in Argentina’s chamber of deputies that, if approved, would allow Argentinian workers the option of being paid in Bitcoin. The deputy proposing the bill, José Luis Ramón, claims that beyond offering workers more freedom (as each employee will decide whether to receive payment in digital currency), the proposal will also more easily facilitate the entry of money into Argentina for self-employed workers providing services abroad.
From the community
A community member recently created a bot that tweets the total value locked in Flexa Capacity every two hours, along with the percentage of Amp staked. Follow @FlexaCapacity on Twitter to stay in the loop.
ThePodocasts hosted Eli Noto, Flexa’s Director of Business Development, for a live AMA on YouTube. It’s a useful and informative watch for new members of the Amp community.