{"id":191419,"date":"2021-05-26T02:00:43","date_gmt":"2021-05-26T01:00:43","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=191419"},"modified":"2021-05-26T02:06:04","modified_gmt":"2021-05-26T01:06:04","slug":"move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/","title":{"rendered":"Move over DOGE: Uma launches DeFi insurance contracts for SpaceX flights"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Decentralized finance (DeFi) platforms <a href=\"https:\/\/cryptoslate.com\/coins\/uma\/\">Uma<\/a> and <a href=\"https:\/\/cryptoslate.com\/coins\/opium\/\">Opium Network<\/a> have announced the launch of a new\u2014quite unusual\u2014crypto derivative product that would allow individual users to act as insurers for SpaceX flights.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cUsing Uma\u2019s Optimistic Oracle, Opium Protocol launches decentralized financial derivatives for SpaceX flight\u2014the very first of its kind! The financial instrument can be used to hedge financial risks related to the SpaceX launch and even to generate some income. The derivative is built on decentralized financial infrastructure and therefore accessible by anyone in the world,\u201d said the announcement.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1\/ UMA and <a href=\"https:\/\/twitter.com\/Opium_Network?ref_src=twsrc%5Etfw\">@Opium_Network<\/a> have partnered to create a financial product for <a href=\"https:\/\/twitter.com\/SpaceX?ref_src=twsrc%5Etfw\">@SpaceX<\/a> launches. <\/p>\n<p>This derivative will pay based on the success or failure of the SpaceX Smallsat Rideshare launch. <a href=\"https:\/\/t.co\/kgYR4ywyUK\">https:\/\/t.co\/kgYR4ywyUK<\/a><\/p>\n<p>&mdash; UMA (@UMAprotocol) <a href=\"https:\/\/twitter.com\/UMAprotocol\/status\/1396837094253895680?ref_src=twsrc%5Etfw\">May 24, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>How exactly does it work?<\/h2>\n<p><span style=\"font-weight: 400;\">Not so long ago, space transportation company SpaceX, led by well-known crypto proponent Elon Musk, launched its Smallsat Rideshare service\u2014a program that allows smaller companies to share space rides. In other words, the program allows sending smaller \u201cpackages\u201d into space for lower prices.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to SpaceX\u2019s website, firms can send their payloads for as low as $1 million\u2014which is a relatively small sum by the space industry\u2019s standards. The first Rideshare launch, dubbed \u201cTransporter 1,\u201d took place on January 24, carrying 143 satellites into space.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But what happens if a launch fails? To hedge against such risks, Uma and Opium are now offering DeFi derivatives that can help users insure their payloads\u2014or make some money by becoming an insurer\u2014in a fully decentralized manner.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">3\/ It also allows payload owners to hedge their risk of a failed launch.<\/p>\n<p>Opium created this product and hosts it on the <a href=\"https:\/\/t.co\/gYa80VufW7\">https:\/\/t.co\/gYa80VufW7<\/a> platform.<\/p>\n<p>The platform offers a suite of decentralized financial products to hedge risks for investments on the Ethereum blockchain.<\/p>\n<p>&mdash; UMA (@UMAprotocol) <a href=\"https:\/\/twitter.com\/UMAprotocol\/status\/1396837097483407362?ref_src=twsrc%5Etfw\">May 24, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">In simpler words, the new product is a <em>binary option<\/em>\u2014a contract between parties that can have only two possible outcomes. The issuer of such a contract would vow to become an insurer by locking a certain amount of tokens on a blockchain. <\/span><span style=\"font-weight: 400;\">In turn, buyers will be effectively purchasing insurance for their payloads.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Then, if a Rideshare vessel successfully launches into space, the contract receives this outcome from Uma\u2019s Optimistic Oracle and the seller gets paid an insurance premium for their services. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the rocket crashes and payloads are destroyed, however, the contact\u2019s buyer will become entitled to a corresponding payout.<\/span><\/p>\n<h2>Who is it for?<\/h2>\n<p><span style=\"font-weight: 400;\">Beyond being an interesting and innovative gimmick, however, it is not entirely clear who the target audience for the new instrument is. As it stands, SpaceX itself is already offering insurance for payloads at around 5% of their value. And even if the new contract will manage to undercut Musk\u2019s company, will it really become a more enticing proposition?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIf the market price is less than 5%, we can show how strong DeFi is in making insurance cheaper. If the market sets the price at more than 5% we can invite Elon to stake money and earn free interest,\u201d argued a spokesperson for Opium.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But does Musk\u2014the world\u2019s second-richest individual with a <\/span><a href=\"https:\/\/www.investopedia.com\/articles\/investing\/012715\/5-richest-people-world.asp\"><span style=\"font-weight: 400;\">net worth of over $150 billion<\/span><\/a><span style=\"font-weight: 400;\">\u2014really need any more &#8220;free&#8221; money?<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Decentralized finance (DeFi) platforms Uma and Opium Network have announced the launch of a new\u2014quite unusual\u2014crypto derivative product that would allow individual users to act as insurers for SpaceX flights. \u201cUsing Uma\u2019s Optimistic Oracle, Opium Protocol launches decentralized financial derivatives for SpaceX flight\u2014the very first of its kind! The financial instrument can be used to [&hellip;]<\/p>\n","protected":false},"author":472,"featured_media":191444,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,46940,60207],"tags":[68108],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Move over DOGE: Uma launches DeFi insurance contracts for SpaceX flights<\/title>\n<meta name=\"description\" content=\"DeFi platforms Uma and Opium Network have announced the launch of a new\u2014quite unusual\u2014crypto derivative product that insures SpaceX flights.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Move over DOGE: Uma launches DeFi insurance contracts for SpaceX flights\" \/>\n<meta property=\"og:description\" content=\"DeFi platforms Uma and Opium Network have announced the launch of a new\u2014quite unusual\u2014crypto derivative product that insures SpaceX flights.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-26T01:00:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-26T01:06:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/05\/uma-rockets.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Liam Frost\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Liam Frost\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-frost\/#person\",\"name\":\"Liam Frost\",\"url\":\"https:\/\/cryptoslate.com\/author\/liam-frost\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-frost\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-frost\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/03\/author-liam-frost-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/03\/author-liam-frost-300x300.jpg\",\"caption\":\"Liam Frost\"},\"jobTitle\":\"Reporter\",\"description\":\"Liam Frost is a freelance journalist and editor with over 15 years of experience working for various media outlets across the world. Being a big supporter of...\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/Liam_D_Frost\"]},\"headline\":\"Move over DOGE: Uma launches DeFi insurance contracts for SpaceX flights\",\"datePublished\":\"2021-05-26T01:00:43+00:00\",\"dateModified\":\"2021-05-26T01:06:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/\"},\"wordCount\":474,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"keywords\":[\"UMAUSD\"],\"articleSection\":[\"Adoption\",\"DeFi\",\"Insurance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/#respond\"]}],\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/\",\"url\":\"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/\",\"name\":\"Move over DOGE: Uma launches DeFi insurance contracts for SpaceX flights\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2021-05-26T01:00:43+00:00\",\"dateModified\":\"2021-05-26T01:06:04+00:00\",\"description\":\"DeFi platforms Uma and Opium Network have announced the launch of a new\u2014quite unusual\u2014crypto derivative product that insures SpaceX flights.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Move over DOGE: Uma launches DeFi insurance contracts for SpaceX flights\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/8b94e04c3f83a9052eb5e77fc8c6b298\",\"name\":\"Liam Frost\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/03\/author-liam-frost-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/03\/author-liam-frost-150x150.jpg\",\"caption\":\"Liam Frost\"},\"description\":\"Liam Frost is a freelance journalist and editor with over 15 years of experience working for various media outlets across the world. Being a big supporter of everything innovative and IT-related, he is thankful for a chance to witness the emergence of the two most important inventions in human history \u2014 cryptocurrencies and video games.\",\"url\":\"https:\/\/cryptoslate.com\/author\/liam-frost\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Move over DOGE: Uma launches DeFi insurance contracts for SpaceX flights","description":"DeFi platforms Uma and Opium Network have announced the launch of a new\u2014quite unusual\u2014crypto derivative product that insures SpaceX flights.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/","og_locale":"en_US","og_type":"article","og_title":"Move over DOGE: Uma launches DeFi insurance contracts for SpaceX flights","og_description":"DeFi platforms Uma and Opium Network have announced the launch of a new\u2014quite unusual\u2014crypto derivative product that insures SpaceX flights.","og_url":"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/","og_site_name":"CryptoSlate","article_published_time":"2021-05-26T01:00:43+00:00","article_modified_time":"2021-05-26T01:06:04+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/05\/uma-rockets.jpg","type":"image\/jpeg"}],"author":"Liam Frost","twitter_card":"summary_large_image","twitter_creator":"@cryptoslate","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Liam Frost","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/liam-frost\/#person","name":"Liam Frost","url":"https:\/\/cryptoslate.com\/author\/liam-frost\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/liam-frost\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/liam-frost\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/03\/author-liam-frost-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/03\/author-liam-frost-300x300.jpg","caption":"Liam Frost"},"jobTitle":"Reporter","description":"Liam Frost is a freelance journalist and editor with over 15 years of experience working for various media outlets across the world. Being a big supporter of...","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/Liam_D_Frost"]},"headline":"Move over DOGE: Uma launches DeFi insurance contracts for SpaceX flights","datePublished":"2021-05-26T01:00:43+00:00","dateModified":"2021-05-26T01:06:04+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/"},"wordCount":474,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"keywords":["UMAUSD"],"articleSection":["Adoption","DeFi","Insurance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/#respond"]}],"copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/","url":"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/","name":"Move over DOGE: Uma launches DeFi insurance contracts for SpaceX flights","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2021-05-26T01:00:43+00:00","dateModified":"2021-05-26T01:06:04+00:00","description":"DeFi platforms Uma and Opium Network have announced the launch of a new\u2014quite unusual\u2014crypto derivative product that insures SpaceX flights.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/move-over-doge-uma-launches-defi-insurance-contracts-for-spacex-flights\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Move over DOGE: Uma launches DeFi insurance contracts for SpaceX flights"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/8b94e04c3f83a9052eb5e77fc8c6b298","name":"Liam Frost","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/03\/author-liam-frost-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/03\/author-liam-frost-150x150.jpg","caption":"Liam Frost"},"description":"Liam Frost is a freelance journalist and editor with over 15 years of experience working for various media outlets across the world. Being a big supporter of everything innovative and IT-related, he is thankful for a chance to witness the emergence of the two most important inventions in human history \u2014 cryptocurrencies and video games.","url":"https:\/\/cryptoslate.com\/author\/liam-frost\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/191419"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/472"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=191419"}],"version-history":[{"count":7,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/191419\/revisions"}],"predecessor-version":[{"id":191437,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/191419\/revisions\/191437"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/191444"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=191419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=191419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=191419"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=191419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}