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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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‘Fair Launch’ tokens outshine the average coin's performance

Data from Messari shows the top 20 “Fair Launch tokens” are outperforming both the top 1,000 crypto assets and Ethereum-based assets on average this year s far.

So-called ‘Fair Launch’ tokens are outperforming most projects released via centralized token distribution events, according to crypto market data aggregator Messari, 

Messari defines Fair Launch tokens as having a publicly announced launch without any form of pre-mine. These include older top 10 crypto assets Bitcoin and Litecoin, newer DeFi projects such as Yearn.Finance and SushiSwap, and veteran 2013 altcoin Peercoin.

Fair Launch tokens appear to be outperforming the broader crypto markets by more than double over the past three months. 

The top 1,026 crypto markets gained an average of 9.56% this past week, compared to the 31.44% average gain seen by Fair Launch projects over the same period.

Over the past 30 days, Fair Launch tokens are up 145.33% compared to the collective crypto average of 49.50%, while the last 90 days have seen Fair Launch projects gain 296.46% compared to 112.41%.

Fair Launch tokens are also outperforming the averages of Ethereum-based assets, which gained 1.90%, 43.82%, and 248.45% over the past seven, 30, and 90 days respectively.

The data shows that all but one of the top 20 Fair Launch tokens have posted gains this week, with only DOGE sliding by 20%.

However, DOGE is the top-performing Fair Launch asset of both the past 30 and 90 days, gaining 515% and 1,815% respectively after being pumped by the notorious subreddit r/Wallstreetbets at the end of January.

After a vicious dump, DOGE again rallied after its hypothetical CEO, Tesla chief executive Elon Musk, tweeted about the meme-coin in early February.

The performance of Fair Launch tokens has also been bolstered by Bitcoin’s meteoric run into all-time highs since breaking above $20,000 for the first time in December. The consolidation of the Yearn Finance ecosystem has also contributed to the strong performances from Yearn and SushiSwap recently.

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