Web3: OpenSea adds Solana; Apple Pay on MetaMask; Indian government leveraging Polygon; + Osmosis, Ankr
Gm Fintech Futurists —
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NFT, Metaverse, and Gaming
⭐ OpenSea Adds Solana to Its Quiver of Networks - The Defiant
Opensea has amassed a total trading volume of $23.5B, a mere 30x on Solana’s current largest marketplace Magic Eden – no wonder the price of SOL has surged 20%!
Hacker Drains $622M From Axie Infinity's Ronin Ethereum Sidechain - Decrypt (Read our Short Take here)
OpenSea Rolls Out Credit Card Payments For NFTs - The Block
Does the Metaverse Need a Free Trade Agreement? - CoinDesk
A Professional Art Appraiser Explains Why Valuing An NFT Is ‘Totally Different’ Than Judging A Painting - The Block
DeFi and Stablecoins
⭐ Osmosis: Diffusing Liquidity Across the Cosmos Ecosystem - Messari
Ethereum Layer-2 DeFi Money Market zkLend Lands $5M Raise - Decrypt
MakerDAO May Hook Up With Traditional Bank - The Defiant
Hedera, Newly EVM-Compatible, Woos DeFi With $155M HBAR Fund - CoinDesk
How Terra’s Do Kwon Is Boosting Bitcoin - Decrypt
Public Blockchains
⭐ LayerZero Labs Raises $135 Million to Create Omnichain Crypto Networks - Business Wire (Read our Short Take here)
Helium mes Nova Labs After Raising $200M in Fresh Capital - CoinDesk
Filecoin Has It: An Ecosystem Overview - Messari
Why Bitcoin Has No Competition - Bitcoin Magazine
Web Browser Opera Adds Support for Bitcoin, Polygon, Solana - Decrypt
Enterprise Chains and CBDCs
⭐ Indian State Issues Caste Certificates on Polygon as Part of e-Governance - BeInCrypto
This is part of a wider development within the Polygon ecosystem focusing on identity services. Polygon ID will use zero-knowledge proofs to verify user credentials whilst maintaining on-chain privacy.
Gold Market To Use Enterprise Blockchain For Gold Bar Integrity - Ledger Insights
RiskStream Collaborative Collaborates with B3i in a Lab Series to Explore Parametric Homeowners Re(Insurance) - PR Newswire
DAOs and Token Engineering
⭐ Ankr Doubles Down on Decentralization of Web3 Infrastructure - Blockworks
What will be the impacts of DAO-ifying node infrastructure? Listen to our Podcast Conversation with Ankr’s competitor Infura to learn more and let us know your thoughts on our Discord.
Women-Led DAO Tackles (Lack of) Gender Diversity in Crypto - CoinDesk
DAO Regulation In Australia: Issues And Solutions - Coin Telegraph
A DAO Is Selling NFTs For The Right To Tweet — In A Bizarre Experiment - The Block
Crypto, Fintech and Institutional
⭐ MetaMask Rolls Out Apple Pay Integration And Other iOS Updates - Coin Telegraph
Blockchain.com Raises Series D At A $14 Billion Valuation - The Block
CME Group ‘Looking At’ Offering Solana, Cardano Futures - Decrypt
USDC Reserves Will Be Custodied With BNY Mellon, Says Circle - Decrypt
Galaxy Digital Says It Has Renegotiated The Terms Of Its BitGo Acquisition - The Block
Cryptoeconomic Research
We partner with the ConsenSys Cryptoeconomics team to share DeFi analysis, fundamental protocol research, token engineering, and DAO design.
⭐ Terra: Algorithmic Stablecoins on the Bitcoin Standard
Since the launch of its mainnet (Columbus-1) in early 2019, the Terra blockchain has seen tremendous growth and the widespread adoption of its native Terra stablecoins. At the time of writing, there were roughly 40k daily active users of the 26 protocols that exist on Terra. The total value locked (TVL) in these protocols’ smart contracts equates to ~$29 billion (USD), making Terra the chain with the second highest TVL after Ethereum. Terra’s flagship US dollar-denominated stablecoin, $UST, has achieved a market cap. that exceeds $16 billion (USD), surpassing that of MakerDAO’s Dai to become the top decentralized stablecoin to date. The market cap. of the chain’s native staking and governance token, $LUNA, is nearly $38 billion (USD).
⭐ STEPN: A Novel Web3 Approach to Improving Daily Physical Activity
STEPN is a Web3 app developed on Solana that utilizes mechanism design and Game-Fi to improve physical activity. Users download the app and purchase Sneaker NFTs to begin participating. Each day, users can earn token rewards for completing fitness challenges around walking, jogging, and running. These rewards can then be used on in-game to level up a Sneaker NFT or mint new Sneaker NFTs, or they could be sold on the secondary market for other tokens and stablecoins. The more the users engage in physical activity, the more rewards they can earn, including rare NFTs and governance tokens.
⭐ DeFi Protocol Governance Report | April 2022 | Week 1
This week’s governance report looks into Compound’s OpenZeppelin partnership, Aave adding MAI on Polygon, Fantom, and Avalanche, Sushi integrating with Stargate, and Uniswap deploying Uniswap V3 on Moonbeam.
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