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Polygon Team Reports Apps On The Network Surge By 400%
While the crypto market remains in its winter, some other sectors in the industry are experiencing a steady rise, one of the prominent examples of these sectors is the operational teams in the Polygon network.
As of March this year, its total monthly active teams were around 8,000. However, recent data shows that the current monthly active teams for the network as of last month are about 11,800.
Meanwhile, the DApps (decentralized applications) on Polygon, the Ethereum scaling platform, has also attained a new high. Based on recent data, the total number of decentralized applications on the blockchain is now 37,000. This figure projects a 400% increase from the beginning of this year.
The blockchain team revealed this through a blog post on Wednesday. Sources stated that the information originated from Alchemy, a partnered web3 development company. The data provides the total number of applications the blockchain has launched on the mainnet and testnet. Read More
Why NFT Creators and Collectors Can’t Stop Talking About Artist Royalties
Some NFT marketplaces aren’t honoring creator royalties, setting off an animated conversation across Crypto Twitter this weekend. Here's what all the fuss is about.
Some NFT marketplaces are not honoring the creator royalties specified in smart contracts.
Rising use of such marketplaces has triggered a debate among NFT creators and collectors alike.
Crypto Twitter is always buzzing, but it was especially lively this weekend as creators, collectors, and personalities went back and forth over the topic of whether or not NFT artists should be paid royalties in perpetuity for secondary market trades.
It’s not a new discussion, but it’s one that has been amplified considerably with the launch and rising adoption of SudoAMM, an Ethereum NFT marketplace from Sudoswap that does not honor artist royalties on sales. In other words, you can sell an NFT on the marketplace and not have to pay the extra 5% or 10% (or whatever amount) set as a creator royalty.
Yawww, a Solana NFT marketplace, ignited a similar debate when it launched earlier this summer without royalties enabled. And on Saturday—amid the fervent chatter—another Solana NFT marketplace, Solanart, unveiled a new model in which sellers can choose whether or not to pay creators a royalty fee, and decide how much they want to pay.
Many artists, unsurprisingly, are upset about the rise of such marketplaces. Some of them made their voice heard over the weekend through tweets and Twitter Spaces discussions. Read More
Understanding P2E Gaming On Solana Blockchain With Oren Langberg
Over the past couple of years, the gaming space on the blockchain has grown exceptionally as the world became aware of the power of non-fungible tokens (NFTs) and the rise of play-to-earn games. MonkeyLeague is one of the rising blockchain games in the space, providing an AAA-quality web3 soccer game that allows users to have fun while earning passive income. Today, we are joined by Oren Langberg, Uncaged Studios Head of Marketing & Partnerships, to discuss the game, the Solana blockchain, the current state of the market and much more. Read More
Australian Securities Exchange takes step towards tokenized asset trading
“There’s a strong value proposition here that we can essentially tokenize any asset and bridge that into the ASX ecosystem,” said Zerocap CEO Ryan McCall.
Companies on the Australian Securities Exchange (ASX) could be able to trade tokenized bonds, equities, funds, or carbon credits after a successful proof-of-concept trial led by the digital asset investment platform Zerocap.
On Monday, Melbourne-based digital asset investment platform Zerocap told Cointelegraph it had successfully used Synfini to bridge over its custody infrastructure onto the platform as part of a trial program, allowing for the trading and clearing of Ethereum-based tokenized assets.
The trial is part of ASX’s distributed ledger technology (DLT)-based settlement project Synfini which was launched in November. The platform offers clients access to ASX’s DLT infrastructure, data hosting and ledger services, enabling them to build blockchain applications off of it.
Zerocap co-founder and CEO Ryan McCall stated that it occurred last year and that “it got a lot of interest” in the institutional sphere, particularly from companies that are exploring ways to tokenize and trade bonds, funds or carbon credits:
“Thinking beyond Bitcoin, Ethereum and other crypto assets, the tokenization of bonds, equities, property, carbon credits, private equity, and anything that’s essentially illiquid, there’s a strong value proposition here that we can essentially tokenize any asset and bridge that into the ASX ecosystem.” Read More
Innovations that will change the way we work and interact online.
The Markethive Social Market Broadcasting Network becomes more prominent daily as the blockchain-driven ecosystem for entrepreneurs with a non-adversarial, bi-partisan free speech ethic and the collaborative culture we rarely see on social media platforms today. Even the newer acclaimed, free speech platforms are partisan to the left or right and deal with de-platforming and boycotts from payment providers.
Unlike the social media giants, which only have one primary news feed algorithmically set by the central authorities, Markethive is integrating four news feeds to accommodate the multi-functional platform within the Markethive ecosystem.
The individual feeds are General, Video, Blogging, and Content Curation, and they are all accessible from the main page and can be algorithmically set by the individual user. The scope that Markethive has is enormous as it integrates all the vertical systems of the other platforms under one roof.
Social + Video + Blogging + Marketing + Curation + Broadcasting + Affiliate + Gamification + Cottage Businesses = Markethive: A Powerful Blockchain-driven Ecosystem
There is nothing out there like Markethive. We are an Inbound Marketing (automated marketing platform) like Marketo, Paragon, and even the wannabee MLM Onpassive platform. We are like Youtube, Instagram, LinkedIn, Twitter, etc., but will be superior to these legacy Web 2 media when we release all the aspects and layout of Markethive 2.0.
We have a dynamic social media interface and growing community with a strong collaborative ethos, with SaaS and broadcasting capabilities already operational. We are not waiting for the launch to access the services; they are already there for you to use to help you facilitate your business and increase your reach and following.
Markethive is enhancing and bringing the platform into the future internet with our new technology and interfaces, but still in keeping with the human touch. Read More
Officially-Licensed NFT Platform OWNIC to Revolutionize Collectible Sports Cards With Dynamic NFTs
Do you have a talent for picking winners? Do you follow athletes’ careers and know who is gonna be successful? So why not benefit from that?! Upcoming NFT Platform OWNIC empowers sports fans to earn from the real-world performance of the stars they pick using dynamic NFTs. It introduces a number of revolutionary concepts to the space of collectable sports cards that will create new ways for fans to earn from fantasy sports leagues and metaverse gaming. OWNIC has also already proven its credibility with exclusive partnerships with top global athletes in the fields of soccer and MMA. The NFT platform will launch on August 22, 2022, with the Pre-Sale for the collection of the captain of the Italian national football team and Juventus F.C., Leonardo Bonucci.
Own a Piece of Your Favorite Player’s Success in an Officially Licensed Dynamic NFT Sports Platform:
OWNIC is an upcoming platform for NFT (non-fungible token) sports collectables where an athlete’s performance is reflected on a card via innovative, dynamic NFT (dNFT) technology, bringing tamper-proof data on-chain. Each OWNIC dNFT will have its own “xP” score – representing a card’s power – which is updated based on the athlete’s career achievements, with changes triggered by real-world milestones as well as gamified elements.
In an environment where anyone can just upload an image and try to sell it as an NFT, the OWNIC ecosystem is built exclusively around officially licensed NFTs. This means that for every dNFT that is released on the platform, a licensing agreement is signed with the corresponding athlete or team. This not only strengths the legitimacy of the platform but also ensures each dNFT is truly unique – with official backing from the sports stars – and thus protects the investments of the collectors. Read More
The Vasil Hard Fork: Will It Be a Turning Point for Cardano?
The Vasil hard fork is seemingly around the corner for Cardano, but will it be a turning point for the network?
It’s hard fork season. Major protocols are undergoing serious upgrades, and Cardano is no exception. The network is en route to an upgrade of its own. In fact, it’s one of the most highly-anticipated hard forks, and it’s designed to boost Cardano’s scalability and overall usability.
With many users looking forward to the Vasil hard fork, it’s worth looking into how this might impact ADA.
To examine its potential impact, it’s necessary to first break down the technicalities of the hard fork and what it stands to achieve. You can find everything you need to know about the Vasil hard fork in our detailed and designated article.
The upcoming upgrade is called Vasil – named after the Bulgarian mathematician Vasil Dabov – a prominent member of the Cardano community. It’s part of the third development epoch of its roadmap and, together with another hard fork, will mark the transition to Basho – the fourth development epoch. It’s aimed at improving the network’s overall scalability and usability.
The plan is to introduce five major improvements to the network. The Cardano Improvement Proposals (CIP) are as follow: Read More
Is Solana Really Decentralized? A Validator Health Report
The report notes that a minimum of 31 validators could collude to compromise the network’s consensus.
The Solana Foundation recently released its first report evaluating the health of the Solana network.
Its initial report digs into key metrics assessing the health of its validator network. These include its total validator count, Nakamoto consensus, and distribution.
Breaking Down the Nodes:
Per the foundation’s report on Wednesday, Solana currently consists of more than 3400 validators across six continents. Validators are responsible for independently verifying new transactions, and storing the state of Solana’s ledger.
“A large, diverse set of validator operators are essential to maintain a resilient, distributed, and credibly neutral network for the world to use,” explained the foundation.
Validators are broken into two camps: consensus nodes, and RPC nodes.
Consensus nodes create and propose new blocks for the network while verifying blocks proposed by other network nodes. In general, the more Consensus nodes there are, the less likely chance there is for a user’s transaction to be tampered with. Read More
Crypto.com secures UK registration for ‘cryptoasset activities’
As defined by the FCA, “cryptoasset activity” includes anything that involves exchanging one crypto for another or exchanging crypto for fiat and vice versa.
Digital asset exchange Crypto.com has just been given the green-light for “certain cryptoasset activities” in the United Kingdom, after receiving registration confirmation from the Financial Conduct Authority (FCA) on Tuesday.
According to a Tuesday entry in the FCA’s Financial Services Register, FORIS DAX UK LIMITED has been registered to conduct “certain cryptoasset activities,” while also obtaining money laundering regulation status.
FORIS DAX UK LIMITED is listed as the registered U.K. trading name for Crypto.com.
Details on the registration are scarce at the time of writing, and Crypto.com and the FCA have yet to comment on it. However, the FCA website suggests that businesses carrying on crypto asset activity in the UK must register to be compliant with money laundering, terrorist financing and transfer of funds regulations.
As defined by the FCA, crypto asset activity includes exchanging crypto assets for money or money for crypto assets, or automating a machine to do so, and exchanging crypto assets for crypto assets. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.
