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The token is used as a currency in Decentraland’s platform,...

The token is used as a currency in Decentraland’s platform, which allows users to create, experience and monetize immersive 3D content.

According to the company’s blog, the Exodus 1 blockchain smartphone from HTC will give access to the Decentraland ecosystem, while allowing storage of MANA in the Zion Vault, the offline secure element of the Exodus 1.

This hardware element also allows direct storage of private keys, together with Decentraland identities, data and assets.

Decentraland’s LAND, the ERC-721 virtual real estate that composes Genesis City, and MANA, their ERC-20 cryptocurrency, will both be supported by the Zion Vault.
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The Center for Information and Industry Development (CCID),...

The Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, released the 10th update of its crypto project ranking on Tuesday. The center noted that this is the second update this year and 35 crypto projects were evaluated, with Tron being the only addition since the last evaluation.

EOS still occupies the number one spot. Tron debuted at number two, dethroning Ethereum, which now ranks third. BTC ranks 13th this month, up from the 15th place the previous month. BCH ranks 27th, a slight improvement from the 28th position in the previous ranking.

The center described newcomer Tron, launched in May last year, as a “low-level public chain with high throughput, high expansion and high reliability,” adding that it is “compatible with the Ethereum smart contract.” It further claims that Tron’s “chain transactions are more active,” noting that there are now over 200 Tron Dapps. The total evaluation index for Tron is 145.6 which is the second highest on the overall list, behind only EOS.

3 Sub-Rankings

The CCID explained that this latest assessment still uses the three primary indicators: basic technology, applicability, and creativity. However, for the latest ranking, the weight of the creativity indicator of the total index has been increased. The crypto projects that have improved the most overall compared to the previous period are Nano, Verge and Qtum.
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South Korea-based ICONLOOP, the founder of cryptocurrency...

South Korea-based ICONLOOP, the founder of cryptocurrency technology ICON and crypto token ICX, is out to join the mainstream market by going public on Kosdaq market next year as the first Korean origin to attempt both ICO (initial coin offering) and IPO. 

According to an investment banking industry source on Monday, ICONLOOP has recently selected Mirae Asset Daewoo Co. as its initial public offering (IPO) lead manager. It aims to debut on the tech-oriented Kosdaq as early as next year by capitalizing on the fast-track procedure that exempts companies with promising technologies from typical market formalities and guidelines in capital and income. 

If the company passes technology review, it can apply for a preliminary review for IPO with the Korea Exchange. 

A full due diligence and technology evaluation process for the company will kick off during the first half of this year, said a source familiar with the matter. 
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