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OpenSea Unveils Pre-TGE Incentive as Scroll DAO Governance Halted

This week in crypto, OpenSea introduced a pre-token generation event incentive, Scroll DAO paused governance, and X Layer’s active addresses hit an all-time high.

Summary

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Terms & Concepts
  • TGE (Token Generation Event): A key milestone in a blockchain project when its tokens are officially created and distributed to investors or the public.
  • DAO Governance: A decentralized system where decisions are made collectively by token holders or members through smart contracts.
  • ATH (All-Time High): The highest recorded value or metric achieved by an asset or project in its history.