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Indonesia’s first legalized cryptocurrency exchange platform Tokocrypto has secured a major investment from the world’s largest cryptocurrency trading platform, Binance.

The National Bank of Cambodia is set to launch its nationwide DLT Payment Network. Users will be able to transact, send, and receive money instantly on mobile devices via QR…

Vietnam is at the crossroads of change in the crypto industry, as Vietnam’s Ministry of Finance established a research group dedicated to the study of digital assets and cryptocurrency.

With repeated regulatory complications since the US SEC filed charges against the firm for selling securities to its investors in 2018, Telegram has officially declared defeat on May 13.

CoinTelegraph’s scheduled livestream countdown to the Bitcoin Halving on May 11 on YouTube, featuring some well-known industry leaders, was abruptly cut off by YouTube after six hours.

Earlier today, Bitcoin has transitioned to its fourth cycle after the third halving occurred yesterday. The block rewards for miners are now cut in half and reduced from 12.5 BTC…

The Vietnam-based financial institution, HDBank, has announced to join Contour open trade finance network with the aim of increasing its ability to extend trade financing to more corporates.

Celo’s Alliance for Prosperity, a consortium of well-known investment institutions, blockchain and crypto companies in the industry, recently announced the addition of 25 new members to the alliance

Featuring a 48 hour non-stop online conference beginning on May 26th, viewers can access two days of content, with the first 24 hours dedicated to blockchain technologies, followed by 24…

The pre-halving dump happened on the Sunday morning while Bitcoin failed to maintain above $10K and broke below the important psychological level on Saturday.




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    Flipside Crypto and Prysm Group Partner to Deliver Real-Time Economic Analytics for Crypto Projects – and Announce OAN as their First Customer

    BOSTON, May 13, 2020 /PRNewswire/ — Flipside Crypto, the leading business intelligence firm for cryptocurrency and blockchain organizations and Prysm Group, the leading economic consulting firm for blockchain implementations, announced today a partnership to deliver real-time economic analytics for Crypto Projects.

    In addition, they are announcing the first customer, The Open Application Network (OAN), a public infrastructure for Open Apps which give control, privacy, and ownership back to their users, and which utilizes the token AION to enable transactions and network security.

    Flipside Crypto and Prysm Group have developed the Economic Suite, a series of visualizations to enable the real-time tracking of economic outcomes measuring platform and ecosystem health. The Suite includes several categories of metrics that provide actionable insight into token movement and price drivers, validator compensation and consolidation, and transaction fee fluctuations.

    “We are thrilled to partner with Prysm Group to develop the Economic Suite.” Said Dave Balter, CEO of Flipside Crypto. “Their expertise in blockchain economics is unparalleled, and their ability to design effective economic analysis has enabled the successful launches of numerous blockchains.  Matched with Flipside’s ability to track token movements and visualize results has provided a much-needed solution for blockchains seeking to drive user adoption and operator success.”

    Projects using the Economic Suite will be able to judge real-time effects of network adjustments via performance indicators; for example, a network that increases its validator rewards will be able to observe its impact on the level of consolidation.

    “We are excited to announce the Economic Suite together with Flipside Crypto, whose chainwalking process unlocks the granular data network developers often lack access to.” Said Dr. Cathy Barrera, Founding Economist at Prysm Group. “The Economic Suite utilizes this industry-leading access to build out a set of variables that deliver true economic insight into crypto projects’ real-time functioning for the first time.”

    “When we heard about the Economic Suite from Prysm Group and Flipside Crypto, we jumped at the chance to get involved.” Said Sam Pajot-Phipps, Head of Strategy at The OAN Foundation. “We’ve worked independently with both organizations and couldn’t imagine a more effective partnership. Bringing together Prysm Group’s deep expertise in blockchain economics and Flipside Crypto’s data analytics capabilities provides robust frameworks to facilitate data driven decision-making.”

    What future awaits cryptocurrencies?

    Flipside Crypto, Prysm Group and OAN are unveiling the Economic Suite on Friday May 15, 2020 as a presentation at the Consensus Distributed Conference.  The presentation, “Econometrics: Securing your Blockchain with Economic Analytics” will occur via video conference at 1pm ET.

    About Flipside Crypto

    Flipside Crypto provides business intelligence to crypto organizations. Their suite of analytics tools provides insights into user behaviors, developer activities, and financial health. 

    Flipside provides business intelligence to more than 75 blockchain and is backed by Galaxy Digital Ventures, True Ventures, Coinbase Ventures, Digital Currency Group, Avon Ventures (a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments) and other investors.

    About Prysm Group

    Prysm Group is an economic consulting firm led by Harvard PhD economists specialized in distributed ledger and blockchain technology. Prysm Group uses the tools of contract theory, game theory, market design, social choice theory, and monetary economics to design customized solutions for blockchain-based projects. Prysm Group’s areas of expertise include consortium governance, consensus governance, token economics, incentive design, and market structure. Prysm Group counts among its Senior Advisors a Nobel Prize winning Harvard economist; the firm’s research has been presented at DARPA, the Federal Reserve, IBM, Microsoft, Pantera Capital, Polychain Capital, Harvard, MIT, and Stanford.

    Media contact:

    Silvio Fudlegger
    [email protected]

    SOURCE Flipside Crypto


    Author: Flipside Crypto

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