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Received today — 20 December 2025

$1 Billion by 2026? Analysts Eye Ownership Coins as Crypto’s Next Governance Game-Changer

19 December 2025 at 22:00

Ownership coins are set to transform decentralized governance in 2026, with analysts forecasting that at least one project will surpass a $1 billion market cap.

Unlike current governance tokens, ownership coins combine economic, legal, and governance rights in one asset. This development could solve longstanding issues that have challenged decentralized autonomous organizations (DAOs) for years.

How Ownership Coins Differ From Traditional Governance Tokens

Traditional DAO governance tokens generally offer only voting rights, lacking real economic power or legal accountability within decentralized organizations. This limitation introduces investment risks and weakens the goal of truly decentralized governance.

Ownership coins offer a major shift in design. According to research from Galaxy Digital, these tokens unite economic, legal, and governance rights within a legally enforceable digital asset. This integrated approach aims to fix accountability issues that have affected DAOs since their start.

Galaxy Digital describes this model as creating “digital companies” in which onchain governance holds legal weight rather than relying only on social consensus.

Token holders thus gain meaningful and enforceable control over digital organizations with tangible assets. This innovation creates a path toward legally recognized, self-governed on-chain entities.

MetaDAO was among the first to use this framework, applying futarchy principles, a governance system using prediction markets instead of direct votes.

The project launched on Solana in November 2023, guiding decisions with trading in prediction markets rather than traditional voting methods.

Messari Report Identifies AVICI as Top Performer

The Messari Theses report positions ownership coins as a major investment opportunity for 2026. It spotlights AVICI as the biggest winner over the past year, highlighting the sector’s growth prospects.

We are so back!

The Messari Theses for 2026 is live and available for free.

Jump into the full report now ⬇️ pic.twitter.com/HA3za2QktZ

— Messari (@MessariCrypto) December 18, 2025

AVICI has shown strong holder retention and broad distribution, despite price volatility. As of mid-December 2025, the token counted 12,752 holders and maintained a low concentration among large holders.

Analyst crypto_iso shared that AVICI began with 4,000 holders and reached 13,300 within 45 days.

During a steep 65% price decline, AVICI lost only 600 holders, just 21% of its initial growth rate. On average, the coin added 200 holders per day at its peak and lost about 43 per day during the downturn. These numbers signal community resilience despite market fluctuation.

Yes for sure.

Here is an interesting datapoint on the holder front.$Avici is still sitting at 12.7k holders which is pretty impressive because if you think about the net number given a drawdown of 65% it's strong. I think it started with around 4k holders or so day 1 and in 45… pic.twitter.com/pTnn9pItjf

— CryptoISO (@crypto_iso) December 18, 2025
Table comparing ownership coin holder metrics
AVICI leads in holder count and distribution among ownership coins (crypto_iso)

Sector Remains Early-Stage, Offering Potential for Growth

The ownership coin market is viewed as a new frontier with substantial upside, as no project yet has exceeded a $1 billion fully diluted valuation. Many investors see this as untapped potential for significant gains.

“My biggest bet for 2026 are ownership coins. They are in early stage right now, not a single coin above 1B mcap. Opportunity right in front of you,” wrote analyst Anglio.

Much of the discourse on social media calls 2026 the “year of the ownership coin.” The blend of authentic innovation and early entry point is attracting interest from retail and institutional investors alike.

Ownership coins may solve barriers that have limited DAO growth and investment. Their legally binding onchain governance systems can let blockchain-native organizations function as true business entities.

This step could impact capital formation, investor protection, and the development of decentralized governance.

Nevertheless, this market is still in its infancy. Most ownership coin projects remain under development, and legal clarity for these hybrid entities varies across regions. Whether this innovation can fulfill the aspiration of self-governing onchain organizations will depend on successful implementation in 2026.

The post $1 Billion by 2026? Analysts Eye Ownership Coins as Crypto’s Next Governance Game-Changer appeared first on BeInCrypto.

Received before yesterday

AB Charity Foundation Donates HKD 10 Million in Partnership with the Hong Kong Association for the Promotion of Peaceful Reunification of China to Uphold the “Lion Rock Spirit”

28 November 2025 at 21:38

On the afternoon of 26 November 2025, a level-five fire broke out at Kwong Fuk Estate in Tai Po, New Territories, Hong Kong, causing significant casualties and property damage. The disaster has deeply affected people across Hong Kong and the global Chinese community, prompting rapid mobilization from all sectors to support affected residents through donations, supplies, and volunteer services.

Against this backdrop, the AB Charity Foundation is donating HKD 10 million, in partnership with the Hong Kong Association for the Promotion of Peaceful Reunification of China, to support emergency relief and long-term community rebuilding efforts in Kwong Fuk Estate. Together, the two parties aim to advance sustainable humanitarian assistance and other public-interest initiatives.

Established in May 2025 in Ireland, the AB Charity Foundation is dedicated to promoting global public welfare, with a particular focus on vulnerable groups affected by war and natural disasters, especially women and children. This donation not only reflects the Foundation’s core mission of “technology for good,” but also embodies its vision of viewing the Earth as an interconnected whole, transcending regional, cultural, and ethnic boundaries to help build a genuinely supportive global community with a shared future for humankind.

About AB Charity Foundation

The AB Charity Foundation is an independent, Ireland-registered international non-governmental organization with legal status in the European Union. It is supported by AB DAO through both technological infrastructure and funding. The Foundation is committed to leveraging cutting-edge technologies—such as blockchain and artificial intelligence—to build a transparent, trustworthy, and traceable global infrastructure for philanthropy, promoting sustainable progress in education, healthcare, environmental protection, and humanitarian aid.

AB Charity Foundation website | AB DAO website

The post AB Charity Foundation Donates HKD 10 Million in Partnership with the Hong Kong Association for the Promotion of Peaceful Reunification of China to Uphold the “Lion Rock Spirit” appeared first on BeInCrypto.

Sony Takes the Baton in Asia’s Entertainment–Web3 Convergence

28 November 2025 at 10:53

Soneium, a Layer-2 blockchain platform by Sony Block Solutions Labs, announced a partnership with IRC APP, the official app for one of Japan’s largest idol and fashion festivals, Idol Runway Collection (IRC).

The collaboration will bring the IRC onto Soneium’s AI-powered IPFi infrastructure to transform global fan engagement through measurable, rewarding on-chain contributions. Asia’s entertainment industry has become a trailblazer in fan participation, a trend that is now taking hold in Western markets.

Sony’s Blockchain Infrastructure for Entertainment

The IRC, Japan’s largest idol and fashion hybrid festival, is hosted by YOAKE entertainment and has expanded its scale through a collaboration with Tokyo Girls Collection (TGC). IRC has already established itself as a success, attracting approximately 11,800 attendees and 107 idol groups to its 2025 event. 

The core goal of the partnership is redefining fan engagement by valuing and rewarding measurable on-chain contributions across the J-Pop fandom. This collaboration will unlock the creative community’s economic potential, starting with the world’s second-largest music market.

The core of fan engagement is within the IRC mobile app. This AI-powered app evaluates positive, consistent, supportive posts made by fans on platforms such as X (formerly Twitter). The measured engagement is converted into “IRC Score,” which is automatically claimed to fans’ on-chain wallets without gas fees.

The first wave of IRC 2026 performers, including Nogizaka46, has been announced by YOAKE Entertainment. Source: YOAKE Entertainment

This accumulated score determines a user’s Membership rank—Regular, Bronze, Silver, or Gold—with each tier offering progressively enhanced real-world benefits for IRC 2026, scheduled for March 15, 2026, in Tokyo, including early ticket access, priority entry, and premium venue invitations. It also enables the on-chain Fan Vote, which directly shapes tangible aspects of the IRC 2026 event. This measurable fandom contribution system will expand beyond idol culture into new creative frontiers such as anime and fashion.

Sony launched its Soneium blockchain mainnet on January 14, 2025, setting a new standard for production-grade Web3 services focused on entertainment, gaming, and intellectual property protection. This public Layer-2 network uses Ethereum’s OP Stack, inheriting its security while offering lower transaction fees and higher throughput. Sony Block Solutions Labs designed Soneium to support scalable applications for digital communities and creative industries.

Asian Entertainment Companies Pioneer Fan Ownership Models

This is not the first time Asian entertainment companies have tried Web3-related projects. In Korea, girl group tripleS has made blockchain a core source of revenue. Produced by Modhaus and formed as a 24-member group, tripleS lets fans use NFTs and utility tokens to influence unit composition and song selection. Fans purchase NFT objects to gain Komos token voting power in the COSMO app, creating a system of transparent, participatory governance.

Korea’s girl group tripleS took the stage at the 2024 Korea Blockchain Week. Source: Factblock

This model enabled tripleS to generate revenue even before its debut, providing members with compensation comparable to that of large companies. Production exceeded 10 billion KRW ($6.8 million), and early NFT sales helped cash flow, offering a fairer distribution than typical idol group contracts. TripleS stands out as a case where blockchain drives fan co-creation and transparent value sharing in entertainment.

China’s entertainment platforms are rapidly adopting superfan-driven community models that resemble Web3 economics even without blockchain. HYBE’s expansion through Tencent Music and Alibaba shows how direct messaging, authenticated merchandise, and integrated fan services strengthen ownership-like engagement. This environment naturally supports large-scale Web3-style participation economies.

Tencent Music’s superfan ecosystem illustrates this shift with Bubble surpassing 2.3 million paying subscribers. G-DRAGON’s Macau shows drew 36,000 attendees and 7 million simultaneous online viewers, proving the power of hybrid fan engagement. Merchandise, tiered subscriptions, and the expansion of long-form audio show China building a multi-channel superfan economy aligned with Web3 principles.

Lessons From Failed Web3 Entertainment Experiments

Failures have existed, too. Momentrica, an NFT platform by Dunamu and HYBE, closed on July 2, 2025, after posting an operating loss of 13 billion KRW ($8.88 million USD)and a net loss of 12.3 billion KRW in the last reported year. Although HYBE artists’ digital collectibles sparked initial interest, Momentrica struggled due to a lack of long-term utility or sustained fan participation amid the broader NFT market downturn. Precisely, the platform only offered NFTs as static digital goods, not as engagement tools.

The contrast between Momentrica and tripleS highlights a key difference in Web3 entertainment. Momentrica provided digital collectibles without voting rights, participation, or ongoing utility. In contrast, tripleS used blockchain at its core, granting fans voting rights and engagement options. The lesson is clear: successful Web3 in entertainment requires participation architectures, not just digital merchandise.

Sony’s Soneium appears poised to avoid Momentrica’s pitfalls by supporting high-volume, participation-based applications. Its scalable Layer-2 network is built for voting, reward distribution, and community engagement. Whether entertainment companies create effective participation models on this infrastructure will determine if Sony’s blockchain strategy succeeds where others have failed.

The post Sony Takes the Baton in Asia’s Entertainment–Web3 Convergence appeared first on BeInCrypto.

End of an Era: ‘CryptoKitty Age Star’ DappRadar Shuts Down, Token Tanks 38%

18 November 2025 at 08:27

DappRadar, the leading blockchain analytics platform tracking decentralized applications since 2018, will permanently shut down due to ongoing financial challenges that made continued operations unsustainable.

Founded during the CryptoKitties boom, DappRadar became essential for millions of users and thousands of developers seeking blockchain insights. The company will address matters regarding its DAO and RADAR token separately, as stated in its closure notice.

Seven-Year Journey Ends Amid Financial Pressures

The closure of DappRadar marks the end of an influential era for blockchain data analytics. Starting in 2018, DappRadar capitalized on the momentum of CryptoKitties, showcasing the versatility of blockchain applications. At its peak, it delivered analytics for hundreds of blockchains, covering key data points such as transaction volumes, trades, and user activity.

The platform became a go-to resource for developers, investors, and analysts. DappRadar aggregated real-time data across more than 50 blockchains, spanning decentralized finance, gaming, and NFTs. Its analytics empowered users to track trends and assess the performance of blockchain networks.

DappRadar shutdown announcement
DappRadar’s official shutdown announcement after seven years of operations. Source: DappRadar

Despite these successes, financial realities outpaced DappRadar’s expansion. In their official announcement, the co-founders, Skirmantas and Dragos, highlighted financial unsustainability as the key factor behind the shutdown. Their decision spotlights broader challenges for blockchain analytics platforms in 2025, amid increased market volatility and shifting user interests.

The European Central Bank reported a drop in crypto market capitalization to $2.8 trillion by March 2025, emphasizing the volatility affecting crypto businesses. Blockchain analytics services also face mounting technical hurdles, including data accessibility, scalability, and tracking the rapidly increasing number of blockchain networks.

Wind-Down Process and Token Considerations

DappRadar’s shutdown affects multiple stakeholders: users, developers dependent on its data feeds, and RADAR token holders. RADAR price plunged 38% after the company’s announcement, which clarified that DAO and token matters will be communicated separately. While specifics remain unclear, this careful approach suggests a commitment to responsible management.

The founders reiterated their dedication to transparency throughout the wind-down process. By inviting community feedback, they recognized DappRadar’s influence among millions of users seeking dependable blockchain analytics. The shutdown may prompt developers and analysts to seek alternative solutions, potentially disrupting data workflows.

DappRadar’s exit leaves a gap among analytics providers. While competitors like Chainalysis and blockchain-specific explorers remain, DappRadar was unique in offering a cross-chain view of decentralized applications and markets.

Industry Context and Future Outlook

The closure comes at a time of rapid transformation in the cryptocurrency sector. Despite the broader digital asset market exceeding $4 trillion in 2025, individual firms confronted persistent profitability concerns. Analytics companies in particular struggle with rising infrastructure costs and with generating sustainable revenue.

Research from Global Market Insights estimates the crypto trading platform market at $27 billion in 2024, with an annual growth rate of 12.6% through 2034. Notably, most of this growth centers around trading, not analytics, underscoring the revenue challenges analytics providers face. Monetization models favor trading and financial services, making sustainability difficult for analytics-driven firms.

DappRadar’s shutdown affects multiple stakeholders, including RADAR token holders. Source: Coingecko

Blockchain analytics platforms also navigate technical complexities. Issues with data quality arise from chain forks and stale blocks, while interoperability between blockchains complicates unified analytics. As a result, operational costs remain high, with few revenue offsets, especially as more free tools become available.

DappRadar’s closure raises questions about the long-term viability of multi-chain analytics platforms. Will new competitors fill this gap, or will the market fragment into smaller, niche services? Although uncertain, DappRadar’s seven-year run demonstrates both the promise and difficulty of building foundational blockchain infrastructure in a rapidly evolving market.

The post End of an Era: ‘CryptoKitty Age Star’ DappRadar Shuts Down, Token Tanks 38% appeared first on BeInCrypto.

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