1inch announces rebrand to â1inch Network,â laying groundwork for expansion Multiple teams, protocols and chains mean 1inch is growing fast 9020 Total views News
Decentralized finance platform 1inch announced on Thursday a rebrand to â1inch Networkâ â a facelift designed to better reflect the current and future state of the multichain, multiprotocol platform as it continues to grow, according to 1inch co-founder Sergej Kunz.
âFor us it is a logical move. Me and Anton started with just an aggregation protocol at the ETHNew York hackathon in 2019 and now we have the whole ecosystem of protocols, such as: 1inch Liquidity Protocol (prev. Mooniswap), 1inch Aggregation Protocol, instant governance and the 1INCH governance/utility token,â he said.
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Pantera Capital backed 1inch, a Non-Custodial Crypto Exchange Aggregator, Introduces a Governance Token
December 26, 2020 @ 5:31 pm By Omar Faridi
1inch, a decentralized or non-custodial crypto exchange aggregator that recently acquired $12 million in funding via a round led by Pantera Capital, has announced the launch of the new
1INCH token.
According to the announcement, the 1inch Network will now be “governed” by a distributed autonomous organization or DAO.
As noted in a blog post by 1inch:
“The independent board of the 1inch Foundation has released 1INCH, a governance and utility token. The 1inch Foundation intends to support the adoption of the 1INCH token via the permissionless and decentralized 1inch Network.”