While many countries worldwide, such as Zambia, are looking at ways to get their hands on the growing, uncontrollable crypto industry, new projects like TMS Network (TMSN) are creating even more headaches for government officials. Older projects like Litecoin (LTC) and Arbitrum (ARB) have been struggling in this new regulatory environment, but TMS Network (TMSN) has already raised over $2.5 million in its token sale’s second phase.
TMS Network (TMSN)
TMS Network (TMSN) is a platform that lets users trade on Ethereum in a new way. It addresses the problems of traditional exchanges, such as high fees, price manipulation, slow transactions, poor user experience, and lack of education. TMS Network (TMSN) also offers features that help users improve their trading skills and results, such as social trading and trading bots, which both enable newcomers to quickly learn how to trade like the pros.
TMS Network (TMSN) is fast, easy to use, and has a lot of educational resources and tools. This sort of focus on helping new traders learn how to trade crypto is extremely rare among decentralized exchanges (DEXs). TMS Network (TMSN) also follows relevant crypto trading regulations around the world, meaning there isn’t a worry that the platform will be shut down by law enforcement overnight.
After the completion of the token presale and development of the trading platform, holders of TMS Network (TMSN) tokens will be able to earn dividends effectively based on profits made by the exchange.
Litecoin (LTC)
The Litecoin (LTC) Foundation, a non-profit organization that promotes the adoption and development of Litecoin (LTC), has announced a strategic partnership with Metalpha Technology Holding Ltd, a digital asset manager that offers hedging products for crypto miners. The partnership aims to jointly develop the Litecoin (LTC) ecosystem and provide solutions for LTC miners to hedge their risk and lower their carbon footprint.
Metalpha and the Litecoin (LTC) Foundation will collaborate on various initiatives, such as supporting sustainable blockchain innovation, educating the public about the Litecoin (LTC) network, and improving network awareness, adoption, and scalability. The partnership will also leverage Metalpha’s expertise in creating customized hedging products for LTC miners, which can help them mitigate price volatility and secure a stable cash flow.
Litecoin (LTC) Foundation’s director Charlie Lee said that the partnership with Metalpha is a win-win situation for both parties, as it will benefit the Litecoin (LTC) community and the crypto industry as a whole.
Arbitrum (ARB)
The Arbitrum (ARB) Foundation has offered some concessions to its token holders after a backlash over its initial proposal for governance and budget. The foundation had proposed to lock up 42.78% of the total supply of ARB tokens for 10 years, allocate 17.53% to investors, and use 26.94% for team and future hires without offering much transparency.
Many Arbitrum (ARB) token holders were unhappy with the proposal, arguing that it gave too much power and control to the foundation and its investors. Some Arbitrum (ARB) token holders also questioned the legitimacy and accountability of the foundation, which was created shortly before the launch of the DAO.
In response to the criticism, the Arbitrum (ARB) foundation has revised its proposal and made some changes to address the concerns of the Arbitrum (ARB) token holders. The Arbitrum (ARB) foundation has reduced the lockup period for its treasury from 10 years to 5 years and has committed to providing quarterly reports on its spending and activities.
These sorts of foundations found at the center of Litecoin (LTC) and Arbitrum (ARB) go against the ethos of decentralization. With TMS Network (TMSN), there is a dedication to building a decentralized exchange that does not involve any trusted third parties.
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
Source: https://www.cryptopolitan.com/tms-network-tmsn-seizes-the-crypto-spotlight-as-zambia-wraps-up-regulation-tests-leaving-litecoin-ltc-and-arbitrum-arb-in-the-shadows/