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Some Genius at Rumpel Labs Decides Tokenization Was Missing One Crucial Element: AIRDROP POINTS AND NOW WE’RE ALL DOOMED

A cartoonish illustration of a person frantically holding onto balloons while they float away into the sky, representing lost opportunities; in the background, a few successful tokens are shown rising upwards amidst chaos and destruction.

The latest harebrained scheme from the cryptocurrency crowd: tokenizing airdrop points because apparently that’s what we’ve been missing in our lives – more ways for scammers and idiots to lose money on silly tokens.

Source: cointelegraph

Rumpel Labs will launch a new decentralized finance (DeFi) protocol in September to enable users to tokenize and trade airdrop points, according to an Aug. 26 announcement. Backed by venture capital firms including Dragonfly and Variant, Rumpel “aims to improve liquidity and price discovery for offchain loyalty points, unlocking new opportunities for point holders, traders, airdrop hunters, and point issuers,” it said.  Rumpel joins the ranks of other newly launched […]

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