Press release Paypolitan Warning letter against the operators of the “luca app” by Paypolitan 16/02/2022 – Paypolitan, a European fintech company based in Estonia, is defending itself with a warning letter against an extension of the so called “luca app” to include a payment function within the app. Paypolitan will soon also introduce a payment function for its app users and sees the conversion of the “luca app” as a major distortion of competition due to the clear violation of competition and data protection standards.
One of the beautiful things about decentralized currency and trading has been the silky gray areas that left it somewhere between the comfort factor of a home-cooked meal, and the rough and ready “anything goes” proposition of a steak over a cowboy fire in the wild west. But the comfort and freedom of that decentralization can be at risk, once the IRS gets involved. For the first few years of its existence, crypto enjoyed an anonymity that made it attractive to all kinds of characters: white hats and black hats alike. So, the good guys and bad guys, no matter who they are or where they come from, enjoyed some degree of separation from the general population, at least as it regarded their activity in virtual currency.
There was also a time when crypto seemed suitable only to those with a pretty good head for tech; early adopters of platforms that might have been risky or difficult to track and manage. These early adopters saw the benefit of crypto because, frankly…the tax authorities didn’t appear to take them seriously. Rules and regulations governing the exchanges were all but nonexistent.
But given the assurity of two certainties in life–death and taxes (with taxes even possible after death), it’s important to understand that the US and other governments are devoting some serious resources to tracking and engaging with crypto users who fail to report.
Trading, interest, fees, mining payments/acquisitions–all platforms and activities are starting to get serious attention from taxing authorities. In the case of the IRS, it all comes down to interpretations of profit.
The concept of profit…and what that means in crypto
DAO1 is proud to finally list the token on Uniswap, Safeswap, and Quickswap on Monday the 7th of June. They have produced three guides for people that might not be so knowledgeable on how to use Decentralized Exchanges.
This guide will be the first of three, namely, how to buy DAO1 tokens on Uniswap.
With DAO1 Getting Listed on June 7th, Learn How to Buy it on Uniswap
Be aware, that DAO1 tokens as of yet are not buyable on Uniswap, as one will have to wait till Monday the 7th of June. Therefore, the DAO1 balance shown will be 0 in the examples provided.
DAO1, the futuristic, community-led socio-economic blockchain architecture is on a mission to create an all-inclusive ecosystem. To fulfill its mission, the project is working on providing the community access to the next generation of decentralized financial products.
DAO1 Hackathon and Incubation Program: Shining the Spotlight on Tomorrow’s World Changers
The present-day blockchain industry has its own set of challenges that DAO1 needs to overcome to succeed. One such challenge is the gross mismatch between community needs and the features offered by various crypto projects. It is further worsened by inadequate investments to deserving projects combined with ideological, creative, and technical differences between team members which drives them to the ground even before takeoff.
The DAO1 token sale is happening on YFDAI LaunchPad. You can purchase the tokens with near-zero gas fees over Polygon (also known as Matic Network). In this post, we explain the step-by-step process to purchase DAO1 during the token sale.
DAO1 has gone from strength to strength since announcing a partnership with YFDAI.Finance. We thoroughly enjoyed taking part in the YFDAI Official AMA session and we are incredibly excited to be part of such a vibrant community!
DAO1 becomes the next project to launch via the YFDAI LaunchPad on Polygon. We are happy to announce that the LaunchPad Whitelist registration for the pre-sale is now LIVE! Check out all the details below.
DAO1 Launches Public Sale Token Allocation Contest
About DAO1
DAO1 aims to deliver a state-of-the-art platform, encompassing socio-economic incentives and financial freedom by deploying the best of the DeFi world under the roof of a true DAO, governance from day one. DAO1 is open-source, fully transparent, and both in theory and practice, incorruptible. The prevailing product offerings are composed of Staking, Farming, Hackathons for further enhancement of the DAO1 ecosystem, and more. It also introduces dynamic financial services like Decentralized Fund (DeF) or Hybrid Advisory, Startup Funds, Incubator platform, and Charity initiative through NFTs and donations.
In the latest of a series of AMAs, the DAO1 team interacted with the YFDAI community on their Telegram Channel. With YFDAI’s COO Simon Bogdanowicz leading the session, Leo Georgievic (Crypto Chronic), Adrian Niculescu, and Francesco Dell’Agata fielded a variety of questions regarding the project from the community members.
For those who missed out this exciting session, here’s what transpired in the AMA, step-by-step.
As DAO1 continues reaching out the broader crypto community, the DAO1 team recently conducted another AMA on May 2, 2021, interacting with the members of Crypto Eagles community. The second among many to come, team members Francesco Dell’Agata, Leo Georgievic and Adrian Niculescu along with legal advisor DeepJain fielded few interesting questions. As expected, the discussion revolved around what DAO1 is about, how is it going to be different from other blockchain projects and what can the community expect in the near future.
AMA #2: DAO1 Features on CRYPTO EAGLES Community(more…)
DAO1 is a community-led socio-economic blockchain infrastructure project that encourages innovation and promotes financial independence through a suite of specialized products and services. As we ensure transparency in our operations from early on through decentralized governance, we are striving to reach out to the community to explain the project and its benefits.
We are reaching out to a broader community to make them understand what DAO1 is all about. As a part of this initiative, our team continues to interact directly with the crypto community over various channels including AMA (Ask Me Anything) sessions conducted by some of the reputed cryptocurrency and blockchain communities and groups on different platforms.
