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New Developments Happening in the Blockchain Space - July 1st

Posted by Simon Keighley on July 01, 2022 - 7:29am

New Developments Happening in the Blockchain Space - July 1st

New Developments Happening in the Blockchain Space - July 1st

Image Source: Pixabay


'Crypto is just like the end of the 90s with the internet bubble,' says Hodl CEO Maurice Mureau

Mureau remains bullish on crypto's outlook despite a severe bear market in recent months.

For Maurice Mureau, CEO of crypto investment fund operator Hodl, there's "not a lot left" to invest in anymore. With soaring inflation, bonds are no go, real estate is getting more difficult but there is one asset class that's (unsurprisingly) catching the fund manager's attention — cryptocurrencies. During the European Blockchain Convention in Barcelona this week, Cointelegraph editor Aaron Wood sat down with Mureau, who gave his insight on the outlook of the digital assets investment landscape.

"It's just like the end of the 90s with the internet bubble, so you're still early in the space," said Mureau. "A very solid use case for crypto is becoming apparent in the gaming industry, where people invest time that you can earn from it, and that's all arranged by the blockchain." He reiterated that there would be only 21 million Bitcoin in existence with no more printing. Therefore, alluding to hyperinflation in Turkey and Argentina, Mureau said that central banks can't print more of the digital currency. "So that, for me, makes for a very safe hedge. Thirty percent volatility in asset prices can be bad, but not if you lose 70% on your local currency's purchasing power each year." Read More


 

DAO structure supports advancement of modern science in latest Web3 movement

DeFi skeptics aside, decentralized technologies have proven their utility to further modern science in a concept known as DeSci.

While the concept of decentralized finance (DeFi) is still seeing strong growth projections, it is not the only industry showing massive potential. Following the financial use case came a host of scientists and entrepreneurs who incorporated smart contracts, tokens, and other blockchain tools in their efforts to improve modern science. The movement, which focuses on the benefits of decentralized cross-border collaboration science, is now more widely known as DeSci.

Originally, this movement stemmed from the need to enhance scientific funding, which was primarily set by scientists who spent half their time writing grant proposals. Consider that without funding, not only is less science being done, but the projects scientists choose to pursue are more biased. Although funding is just one part of current industry barriers, in many cases, they have led to knowledge silos and an extreme reliance on intermediaries for cross-collaboration. 

Open Science originally emerged as an opportunity to address these concerns as a method to take scientific research and disseminate it across multiple levels of society. However, DeSci, although aligned with these goals, is much more than a successor 2.0 to Open Science. Instead, DeSci is a separate movement with varied and evolving objectives, with a foundation in blockchain technology. Read More


 

Next-generation entertainment company releases project to co-create content with creators

With derivative artwork enabling parties to modify assets for the worst, a new foundation is needed, one that protects creators' rights.

Japan is globally recognized as a derivative work powerhouse, with derivative works defined as creations like manga or illustrations written by individuals unrelated to the original creator. As a powerhouse, Japanese content supported by this work holds an important place in society, with secondary creation amounting to more than 10 billion yen.

The unfortunate reality is that while an illustrator or other creator may share their works on social media, such as on a platform like Twitter, to boost their popularity, they will run the risk of their work being modified. Sometimes these efforts are malicious, resulting in work that has the potential of being banned. For creators, this may prove to be detrimental to one's career, as they may never know when, where, or who is duplicating their works.

Digital Entertainment Asset (DEA) has prepared a response to this challenge by creating a mechanism that would enable players and creators to work together in a joint effort to make money through games. The mechanism called PlayMining, a leading nonfungible token (NFT) game platform for the global GameFi industry, launched in April 2020.

PlayMining was born with the goal of building a system that protects the rights and benefits of global creators from Japan and abroad while creating all-new entertainment content. Read More


 

Top offering in cross-chain enables blockchain interoperability

Blockchain interoperability becomes a make-or-break feature in enabling seamless transactions and, therefore, widespread adoption.

Blockchain projects are on the rise since developers are pushing the boundaries of what is possible when trying to leverage the technology’s capabilities and because of the knowledge that no perfect solution may ever exist. For these reasons, cross-chain technology is becoming a joint discussion for enhancing interoperability between different blockchains. Simply put, this technology is the bridge that allows value and information to be transferred between networks.

Interoperability becomes crucial for widespread blockchain adoption since it makes the ability for people to interact with the technology more seamless. For example, with cross-chain technologies, people can make payments across multiple blockchains and rely on a single wallet system for storage, becoming a foundation for the future digital economy.

To support cross-chain compatibility, ThunderCore has emerged as one of the most user-friendly blockchains for users and developers. As an extension of this mission, ThunderCore is proud to announce that they are now supported by Multichain, a leading Web3 cross-chain router protocol. With this development, it will become easier to move digital assets in and out of our blockchain. In this initial partnership, Thundercore has settled on four established coins.

With significant potential as a cross-chain solution, the team says this integration is just the beginning, with more integrations planned ahead. Read More


 

How To Increase Your Sphere Of Influence In Markethive 

We have a lot to be grateful for within Markethive. It’s like stepping out of the rat race into an oasis of humanity at its best. As an inbound marketing, business-based blockchain platform with an inherent entrepreneurial spirit, we have all the tools to get our message out to the whole world. We have a social media interface with a collaborative ethos rarely experienced on legacy social media. 

We are starting to see new integrations in the blogging section in preparation for the customized, more intuitive interface and dashboard of Markethive and, of course, the Markethive Wallet that will facilitate the Merchant accounts for members as well as personal transactions, the Vault, etc. 

The new-look Blogcasting Hub is located at the top of all blogs in the system. Blogcasting is a term introduced by Markethive and is an enhanced broadcasting system. In the traditional broadcasting sense, only the people who physically subscribe to your blog or newsletter are usually notified of your updates via email. 

With this blogcasting system, your social networks are informed of your blog as and when you publish them. What this means is the potential reach is into the millions. Read More

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Concordium Rolls Out the New Sirius Upgrade

The official newsletter from Concordium announced the successful implementation of its Sirius upgrade on June 23. The new upgrade will be integral to pool delegation and smart contracts in the network. Sirius is the major release from the Concordium network in recent times.

Concordium defines itself as a science-based proof-of-stake blockchain that is created for all. Professionals developed the blockchain with years of multi-sector experience to create a space for the future economy, namely the blockchain sector. The Concordium infrastructure is built to create an amiable environment where the regulatory requirements and the benefits of decentralization can coexist.

As a step toward that end, Concordium released its major upgrade earlier this week. The upgrade offers an improved experience in staking pools and the smart contract framework on the Concordium blockchain. As per the announcement, the implementation was successful, and the improved features are now live for users.

Firstly, Sirius will introduce a new delegation model on the chain for staking pools. The upgrade makes opening pools seamless for bakers and allows Concordium accounts to delegate their capital to these pools. The rewards will be distributed proportionately to the capitals kept in the staking pools. Bakers will be offered a portion of the money for pool management, and the remainder goes directly to the accounts. Read More


 

Waves Introduces a New Version of Its Smart Contract SDK

Waves Enterprise has published a JVM-based smart contract SDK in its new updated version specifically for Java/Kotlin developers, who will now find everything required to build their own Docker smart contract in JVM languages.

A step taken to attract more open source developers involves the addition of necessary lib modules in a much more refined form. The lib modules would be extracted from the production core of Waves Enterprise.

Developers leverage the benefit of accessing blockchain development at a scalable level, making it easier for experienced developers to handle the development of a smart contract easily.

Developers can start a full cycle of smart contract development through coding and deployment. More information about the update is expected to be published by Waves Enterprise on its official blog page. The plan is also to add a handy framework where a smart contract can be tested without connecting a node or gRPC transport.

Waves Enterprise is a technology-driven company that facilitates data privacy, ease of deployment & management, and high availability & transaction throughput. Its team comprises leaders of varied backgrounds with an immense experience in blockchain technology. Read More


 

What is STEPN (GMT)? A beginner's guide on the Web3 lifestyle app

The first move-to-earn mobile nonfungible token (NFT) game powered by the Solana blockchain is called STEPN. With STEPN, users may earn tokens by walking, jogging, or running outdoors with an NFT sneaker. STEPN aspires to motivate millions of people to adopt better lifestyles by bringing them into the Web3 era while also helping to achieve carbon neutrality. But, who created STEPN?

Find Satoshi Lab, an Australian fintech firm, developed STEPN. Jerry Huang and Yawn Rong are the co-founders of Solana (SOL)-based STEPN (GMT). The Solana Ignition Hackathon Gaming Track was won by STEPN. It's also the only mobile game to take home the prize at the Hackathon. The Hackathon judges praised STEPN's game design, built-in marketplace, easy-to-use user interface, wallet, and goal of persuading millions of non-crypto users to adopt the app.

The first Web3 running app secured a $5.0M seed round (the first official money that STEPN raised). Leading investors, including Solana Capital, DeFi Alliance, MorningStar Ventures, Sequoia Capital, etc., invested in STEPN's vision. The funds will go toward STEPN's aim of inspiring millions of people to live healthier lives by connecting them to Web3 and helping to achieve carbon neutrality.

This article will discuss how STEPN works; what the STEPN coin is used for; how you can buy STEPN (GMT) and how to make money with STEPN by walking, jogging, or running outdoors. Read More


 

Not sure how to make the most out of Web3? This crypto wallet can help

This new crypto wallet allows users to create a decentralized account in a few taps — unlocking access to everything that Web3 has to offer.

A major crypto trading platform has unveiled a new wallet that's designed to help users make the most out of what Web3 has to offer.

KuCoin Wallet allows customers to create a decentralized account in a few taps — creating a secure environment where major coins including Bitcoin, Ethereum, USDT, and USDC can be received, sent, and stored.

The product's designed to be much more than a crypto wallet — and in the coming months, new features will cater directly to NFT collectors, DeFi investors, and GameFi enthusiasts. KuCoin has also revealed that its wallet has integrated Windvane, a "one-stop" marketplace for nonfungible tokens, to ensure collections can be bought, stored, and viewed with ease.

KuCoin Wallet is self-custodial, meaning that consumers have full control of their assets and manage their own private keys. Its infrastructure has undergone a thorough audit with Hacken to give users peace of mind, too. 

According to KuCoin's CEO Johnny Lyu, modern crypto wallets are far more than a place where digital assets are stored — now, they're a passport to decentralized worlds… and a gateway to all things of Web3. He added that the exchange wants to ramp up its business offering by going beyond centralized trading services. 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.

 

 

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