CoinDesk Mothballs DESK Reward Token Program

Date:

Share post:



CoinDesk Mothballs DESK Reward Token Program

These users began transferring large amounts of DESK to “collector” wallets on-chain. Even though our terms of service prohibited trading DESK, a secondary market nevertheless emerged where people were trading it, thus assigning it a value which we never intended it to have. DESK became a tool that we no longer fully controlled. This is a risk with blockchain and decentralization. Ultimately we made the determination that the product, as built, wasn’t serving us and our community effectively.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

9 Carry-on Mistakes to Avoid Before Taking a European Trip

Best Packing Hacks for Europe I'm lucky enough to take a European trip at least once...

25 Top Picks for Wildlife Lovers

Top 5 Can’t Miss See some of the San Diego Zoo's thousands of rare animals while knowing...

Dealing With Wedding Debt Together as a Couple

India spends more on weddings as a percentage of household income than almost any country on earth....

Why Your Boarding Pass Says SSSS: What It Means

Seeing SSSS on your boarding pass means you'll have additional security screening during your airport experience.The SSSS...
Verified by ExactMetrics