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Which rollout phase of DMM Group and Progmat stablecoin will face most delays by end of 2024?
2
Resolution / Starting Odds
Phase 1: Stabilizing Seamoon Protocol with Treasury Pool • 25%
Phase 2: Integration with Seamoon Protocol • 25%
Phase 3: Expansion to other cryptocurrency projects • 25%
No significant delays • 25%
Official announcements from DMM Group or Progmat, news reports
Story
DMM Group and Progmat to Launch Regulated Stablecoin for Seamoon Protocol in Japan
Aug 25, 2024, 06:32 AM
DMM Group, a Japanese entertainment company, is collaborating with Progmat, a digital asset platform, to launch a regulated stablecoin in Japan. This stablecoin is designed for the Seamoon Protocol and will be rolled out in a three-phase plan. The initial phase focuses on stabilizing the Seamoon Protocol with a treasury pool. This initiative is seen as a strategic move to comply with Japan's stringent regulations and to strengthen the digital economy. The stablecoin will serve as a reserve currency and a price stabilization tool for future cryptocurrency projects.
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Technical issues • 25%
Regulatory challenges • 25%
Market conditions • 25%
Other reasons • 25%
Regulatory challenges • 25%
Technological limitations • 25%
Market competition • 25%
Consumer trust issues • 25%
USDT • 25%
USDC • 25%
PYUSD • 25%
Other • 25%
Robinhood • 25%
Revolut • 25%
Both at the same time • 25%
Neither • 25%
Arbitrum • 25%
Optimism • 25%
zkSync • 25%
Other • 25%
Tether • 25%
Circle • 25%
Binance USD • 25%
Other • 25%
Reaches $5 million TVL • 25%
Reaches $10 million TVL • 25%
Reaches $20 million TVL • 25%
No significant milestone • 25%