CropBytes is a farming business game built in a real-world economy, with digital game assets and real markets. Building for over four years and improvising the game over multiple market cycles have resulted in over 650,000 signups with an average of 9,000–12,000 daily active users.
The game is available on iOS, Android and web application with an average rating of 4.3 in app stores. CropBytes hosts one of the oldest crypto gaming communities that’s spread over 16 regional groups, each of which is managed and moderated by players.
Focus on fungibility and sustainable economics
The decision to move away from nonfungible token (NFT)-only assets to fungible assets was made by the team in the last bear market of 2019 and has helped in maintaining liquidity in all game asset markets, thereby benefiting players over the long run. The focus has always been on the sustainability of the game economy. CropBytes is the first contributor to Tegronomics, which is an open-source framework that is being adopted by many crypto games.
CBX is the currency of the CropBytes metaverse, which is a cryptocurrency on the Ethereum blockchain. CBX follows a deflationary supply protocol similar to that of Bitcoin (BTC), and players can mine CBX by conducting daily farming activities.
Asset mining, the most awaited feature release
CropBytes’ assets are highly sought after, limited in supply and backed by the economics of fungibility. This has led to game asset value growing over 100x since they were first released. With the recent launch of asset mining, players are able to generate a new supply of these game assets. With the launch, other items like extracts and utilities in the game produced by farmers have found more use cases.
On average, 1 million assets are traded on the in-game exchange daily, and the numbers are growing with the release of asset mining, as there is now a new use case for related assets.
Fun gameplay and sustainable economics will always be at the heart of CropBytes. The team has lined up some exciting and much-awaited feature releases for 2022.
CBX Mining v2: A new method of CBX mining will be introduced with new logic. With the new method, users will also have a chance to receive a bonus for mining. The changes planned here will result in a higher burn rate for extracts and utilities. Farmers will be able to craft various items using their extracts, which will be used to mine CBX. Power will also have extra utilities for CBX mining.
Tokenization of assets: CropBytes’ assets will soon be launched on the Polygon blockchain. Users will be able to track live mining data in the game, which will also open up doors to the entire gaming community on Polygon.
Gaming jobs in the CropBytes metaverse: CropBytes is spearheading the next evolution in Web3 gaming. By developing a service economy model, CropBytes is making play-to-earn sustainable. The service economy will make CropBytes a free-to-play-and-earn game.
“The concept of a service economy can be applied to all aspects of life, not just video games. The general idea is that those with money will want to pay others to do things for them that they don’t have time for. In CropBytes’ context, this could be something as small as paying someone to grow crops or feed animals. In the world of video games, it’s not uncommon for players who are loaded with in-game cash to outsource some of their playtime to others who might have more time on their hands.”
“Before the end of this year, the first-ever service economy feature in Web3 games will go live in CropBytes.”
Read more about the service economy model here: https://coinmarketcap.com/community/articles/35157
Raising Series A and previous rounds
CropBytes is now raising capital as a part of its Series A round. The funds gathered will be utilized toward improving the game experience and adding more layers to the economy that will make it easier to play and earn sustainably in the game.
In November 2021, CropBytes raised $2.67 million in a pre-sale seed round for its CBX token. It is also backed by crypto industry entrepreneurs, including Sandeep Nailwal, co-founder of Polygon; Siddharth Menon, founder of Tegro; as well as VC firms Draper Dragon, Exnetwork Capital and Master Ventures.
Visit CropBytes’ official website along with the white paper and its Telegram and Twitter channels for more information and regular updates. There’s a lot coming in CropBytes, so make sure to add CBX to your watchlist on CoinMarketCap.
The Monetary Authority of Singapore (MAS) and Elevandi — a nonprofit entity set up by the MAS to connect people and businesses, ideas and insights in the fintech sector in Singapore and globally — announced today the return of the Singapore FinTech Festival (SFF) as an in-person event to be held from Nov. 2 to 4, 2022, with industry events and the annual Innovation Lab Crawl being held on Oct. 31 and Nov. 1.
Organized by MAS and Elevandi in partnership with Constellar — a global player in the meetings, incentives, conventions and exhibitions industry — and in collaboration with The Association of Banks in Singapore, SFF 2022 will be held at the Singapore Expo.
The theme of SFF 2022 is “Building resilient business models amid volatility and change.” With the global economy experiencing a surge in inflation and facing risks of a significant slowdown in growth, many fintech firms are striving to stay resilient and viable.
Key stakeholders comprising government leaders, regulators, financial services leaders, entrepreneurs, investors and technology leaders will take stock of the drivers of change and examine three key questions:
● Viable: How are organizations building and redefining business models that can be more resilient to volatile market conditions?
● Responsible: How are organizations balancing corporate responsibility and profitability in order to achieve greater stakeholder satisfaction and engagement?
● Inclusive: How are organizations designing inclusive business models that cater to the needs of the unbanked and underbanked?
Conference
The conference segment of SFF 2022 will comprise a series of global and knowledge plenary sessions, and an Elevandi insights forum:
● Global Plenary sessions will focus on leaders and organizations addressing the core construct of resilient business models.
● Knowledge Plenary sessions will feature breakout sessions on Web3 and payments; environmental, social and governance (ESG) criteria; banking for businesses; insurance and pensions; international growth markets; and fintech regulation.
● The Elevandi Insights Forum will consist of small, deep-dive roundtables which bring the public and private sector together to address challenges faced by the financial sector and identify actionable outcomes.
Exhibition
SFF 2022 will see the return of a physical exhibition featuring over 500 leading organizations, including fintech firms, financial institutions, technology firms and policymakers, showcasing their latest innovations and developments in the fintech space.
The exhibition will include free-to-access Ecosystem Stages for attendees to get up close with the newest technologies, products and launches from industry players. The Ecosystem Stages will feature product announcements and product showcases from exhibitors, a specially curated ESG Impact Zone, country and sector deep-dives in the World Fintech Festival and finalists’ showcases from the MAS Global Fintech Hackcelerator and Polyfintech100 API Hackathon.
Other Highlights
Debuting at SFF is the Elevandi Global Founders Network, an exclusive global influencer program that identifies exceptional founders on an annual basis who are building sustainable and resilient businesses with a positive impact in the world. The global founders will be chosen through a nomination process, honored at the SFF and will share their 10-minute insights at the Founders’ Peak.
Participants can also look forward to the winners’ showcase at the SFF Global Fintech Awards and curated networking sessions including an investors’ summit powered by Elevandi Connects.
Sopnendu Mohanty, chief fintech officer at MAS and chairman of the board at Elevandi, said: “As the leading global knowledge platform for fintech, SFF 2022 will focus on bringing best-in-class experts to share industry insights to build business models that remain viable and resilient amid the crisis. The format this year has been enhanced to add numerous intimate and interactive sessions, to foster deeper discussion between the public and private sector stakeholders. The return of an in-person SFF will energize all stakeholders in the fintech community to stay strong and purposeful despite the strong headwinds ahead of us.”
Jean-François Quentin, group CEO Constellar, said: “We are delighted to bring the global fintech community together in Singapore, home to world-class events including SFF. The SFF community is a special one that has continued to connect and collaborate on our hybrid event platforms over the past two years. With live events back in full capacity, the return of SFF in-person will enable personalized and immersive event experiences to catalyze new innovations, strengthen networks and build impactful partnerships.”
Singapore, September. 12, 2022 — The world’s first open-source, fully decentralized role-playing game, Nine Chronicles, developed by Planetarium Labs, has launched a new nonfungible token (NFT) project, Decentralized Cat (D:CC). The minting of the profile pictures (PFPs) will be on September 21st. The NFT project unlocks exclusive features to owners, including rewards, benefits, special in-game items and an invitation to alter their identity within the Nine Chronicles multiverse.
Nine Chronicles is a fully decentralized RPG powered by the players, based on Norse mythology, and the first game to be developed by Planetarium’s serverless Libplanet network library. After receiving funding from industry leaders, such as Animoca Brands, Nine Chronicles is ready to expand its products to support the players and the community further.
The art is produced by Sangmi Seon, Art Director and NFT project Creative Director of Nine Chronicles with over 11 years of experience leading art direction for Asia’s top game companies. The newly revealed NFTs are garnering attention thanks to the exceptional quality of the art.
With extreme detailing, the PFPs tie in with the theme of the cat character in Nine Chronicles and their new concept of the D:CC. The story centers around a secretive religion serving the character of Cosmic Cat God the Great, who decentralized itself and sent avatars to the Nine Chronicles universe. Owning a D:CC-issued PFP will welcome you into a clandestine society with the eternal blessings from the Cat.
The D:CC NFT collection will have a total supply of 4,000 unique NFTs, 2,800 of which will go to users who have been accepted into the Pionyan Program by Nine Chronicles, with 200 to be allocated for the internal team.
The first and second presales will be done with Wrapped Nine Chronicles Gold (WNCG).
WNCG is a 1:1 NCG-backed ERC-20 token that offers the power of NCG with the flexibility of an ERC-20 token. WNCG is available on various exchanges, such as OKX, KuCoin, MEXC Global, Balancer, SushiSwap and Bitfinex.
The Pionyan Program allows users who hold a minimum of 1,000 WNCG in their wallets to go directly into the Allowlist for the mint. The first presale will enable users from the Allowlist to mint one NFT each for 999 WNCG. The second presale will include users from the Pionyan Program who are in both the Allowlist and Waitlist to mint the NFT competitively. The raffle for the Pionyan Program begins on September 17, with the raffle winners being announced on September 19.
The mint for D:CC begins on September 21, with the winners from the raffle given priority to the mint before it opens to the public.
The PFP is not just a regular profile picture — it will allow users to have access to additional and exclusive cryptocurrencies, vote on future collaborations and more in the expansive Nine Chronicles world.
Planetarium Labs launching its own NFT collection is only one of many future steps it is taking to constantly grow its economy.
For more information: https://dcc.nine-chronicles.com
About Nine Chronicles
Nine Chronicles is a decentralized, open-source, free-to-play MMORPG based on Norse mythology and the first title to be developed with Libplanet. Nine Chronicles is run on a peer-to-peer network of players without requiring any centralized server to host. The entire game, from crafting an item to complex battles, takes place fully on-chain. Nine Chronicles is governed by its community and supported by a complex economy where supply and demand are the greatest currencies.
To learn more about Nine Chronicles, visit Nine Chronicles’ Twitter, Discord and Medium.
About Planetarium Labs
Planetarium Labs is a community-driven Web3 game company that believes that communities can create infinite possibilities through decentralized innovations and strives to empower massively multiplayer online games with creative freedom and player governance. The company recently raised $32 million in a Series A funding round led by Animoca Brands. Planetarium Labs is partnered with the industry’s leading companies, including Binance, Ubisoft, The Sandbox, WeMade, Hashed, Sfermion, IDEO CoLab, XLGames and Samsung Next.
Paris, France, 14th September, 2022, Chainwire
Contentos, a content-focused Web3 project with more than a million active creators, will be participating in Binance Blockchain Week Paris 2022. Optimistic about Europe’s high acceptance of NFTs and blockchain applications, Contentos plans to expand into the European market.
In addition to this news, Contentos Foundation Co-Founder & CEO, Mick Tsai revealed that in the near future, certified creators will be able to issue ‘Soulbound Tokens’ on the Contentos Mainnet and on COS.TV, Web3 video distribution and digital assets management platform, to provide an extensive Web3 experience for content creators.
Invested by Binance Labs, Contentos Foundation focuses on building the infrastructure of the Web3 content economy via COS.TV, which has a huge community of creators and users from Latin America and Southeast Asia, and has strategic partners such as Dailymotion, a well-known French video-sharing technology platform.
COS.TV has also recently partnered with Binance Connect, enabling the purchase of COS tokens using fiat such as Euros within the platform using credit cards, simplifying the fiat-crypto conversion process and making it easier for fans to support their favourite creators.
Before the NFT and Metaverse craze, Contentos Foundation focused on building an extensive digital collectibles environment for its pioneering creator community by supporting DeFi. In 2021, plans for the COS.SPACE Metaverse was announced, and privileges were granted to Contentos ecosystem builders, with holders enjoying privileges such as exclusive NFT collections, and the ability to use COS.TV NFT Profile Pictures, VEST lending and pledge rewards, and COS.SPACE mining rights.
Mick expressed: “As Instagram’s digital collectible display function gradually extends to the public, we are witnessing the rise of decentralisation as individuals are no longer bound by centralised platforms. Regardless of the platform or game, an established identity, along with its assets, is free to be transferred and verified in Web3.”
Following this trend, COS.TV has developed functions to display digital collections on personal accounts, paid Pay-per-View subscriptions for exclusive audio and video using crypto, one-stop NFT creation and publication on OpenSea for video and audio content, and content creator gifting functions.
Contentos Foundation Vice President of Marketing, Ava Wen, further mentioned “Europe leads the world in diversity and inclusivity, and these characteristics are the core of decentralisation. Contentos looks forward to collaborating with creators who are as passionate about the Web3 content economy as we are.”
About Contentos
The vision of Contentos is to build a decentralized digital content community that allows content to be freely produced, distributed, rewarded and traded, while protecting author rights. Contentos strives to incentivize content creation and global diversity and return the rights and value of content to users. A decentralized video platform, COS.TV is built on top of the Contentos mainnet, which now serves over 1 million global users monthly around the world. Creators can earn not just block rewards with their videos but can also receive direct support from fans via watching ads or sending Gifting Votes. These revenue models generate profit for creators and the COS.TV platforms are just like ads on YouTube today. In 2022, Contentos released a roadmap to build a metaverse around content creation and consumption. Starting with COS.SPACE “virtual real estate”, Contentos’ metaverse will be a place where COS.TV users can create their virtual home experience.
For more information about Contentos, visit:
Twitter | Telegram | Medium
Contacts
VP Marketing
- Ava Wen
- Contentos
- service@contentos.io
San Diego, United States / California, 13th September, 2022, Chainwire
Coygo Forge, a powerful platform and framework for coding custom crypto trading bots using JavaScript, is hosting an incentivized hackathon. Teams or individuals that successfully submit their own trading bot during the event could win $100 of ETH or BTC. Participants are welcome to enter multiple submissions and could win more than once.
The Coygo Forge Hackathon 2022 is designed for novices as well as experienced developers. Video guides, extensive code documentation, and a number of working code examples are all provided to assist participants in coding their own trading bot.
Every participant also gets a month’s subscription to Coygo so there is no cost to participate. Coygo Forge is the underlying engine powering the Coygo Bots trading bots platform, It’s available within the Coygo Terminal desktop application.
About Coygo Forge
Coygo Forge is a platform for creating custom crypto trading bots with a focus on real-time and high-frequency trading strategies. It’s the perfect tool for automating trades that benefit from access to real-time order book data and the ability to react to market changes in seconds or even milliseconds.
Forge is particularly suited to strategies like arbitrage or scalping, with the Coygo Forge team having built a number of example bots already including triangular arbitrage and grid trading. Forge is not built for indicator-based trading strategies or strategies that need to execute at intervals longer than five minutes.
How to participate in the hackathon
To qualify for a hackathon prize, submissions must focus on either real-time trading strategies that benefit from live order book data (arbitrage, market maker, etc) or that work on intervals of five minutes or shorter (grid trading, etc). Coygo has provided a number of examples and ideas of what participants could build if they’re not sure where to start.
For teams that get stuck or require further guidance, Coygo has a private Reddit community at https://reddit.com/r/CoygoForge/ where they can reach out to the Coygo team and collaborate with others. All submissions will be made through the Reddit community. Contestants and winners will get a special badge in the Forge Community on Reddit as well.
Winners will be announced shortly after the submission deadline of October 20, 2022.
Learn more: https://coygo.app/coygo-forge-hackathon-2022.html
Contacts
CEO
- Evan Francis
- Coygo, Inc.
- evan@coygo.co
- 6193631674
Geneva, Switzerland, 13th September, 2022, Chainwire
Blockchain.com has listed TRON’s native utility token TRX on its platform. Multiple incentive programs will be featured, including one that allows users to earn up to 8% in annual rewards for users who hold their TRX in a Blockchain.com Rewards Account.
TRX is available to send, receive, buy, sell, swap, and earn rewards in the Blockchain.com Wallet and to deposit, trade, and withdraw on the Blockchain.com Exchange, making TRX more accessible for people to use worldwide. With this addition, Blockchain.com is striving to grow the Web3 landscape by attracting more notable layer-1 public blockchains.
Blockchain.com is one of the original cryptocurrency companies that began as the first Bitcoin blockchain explorer in 2011 and later created a cryptocurrency wallet and exchange. In addition to its consumer offerings, they provide a one-stop shop for institutional clients that includes OTC trading, custody, and lending capabilities. With its robust balance sheet, technology, and market expertise, they partner with institutional clients to create bespoke solutions tailored to specific objectives. The oldest crypto platform has a track record of helping increase liquidity for newly listed tokens as it becomes available to millions of users.
Over 37 million verified users worldwide and 84 million wallet holders use Blockchain.com products, opening up exposure to TRX among a large community of users. There are millions of dollars worth of volume each day on the platform and multiple different features, including Rewards Accounts where users who hold their TRX with Blockchain.com will be able to earn up to 8% in annual rewards.
TRX is a TRC-20 utility token that enables the authority of the TRON protocol and its dApp ecosystem. TRON strives to become a framework for the decentralized web. By providing users with fast and low-cost transactions, its network is optimized for speed and scalability. As the mainnet native token of TRON, TRX is used to power smart contracts, pay transaction fees, and serve as a unit of account across the TRON ecosystem.
The listing of TRX on Blockchain.com and on other major platforms has been a common theme for TRON DAO throughout the year. Staking rewards, enhanced liquidity, and widened user reach have all helped expand the TRON ecosystem into becoming much more mainstream.
The efficient delegated proof-of-stake consensus mechanism and its wide range of utilities for business and developers to build on its network have helped TRON become one of the largest public chains in the world, with 2,000 TPS, over 110 million accounts, and more than 3.8 billion transactions. This latest listing makes TRX more attainable for the public to utilize on TRON dApps to further grow the ecosystem.
About TRON DAO
TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users.
The TRON network has gained incredible traction in recent years. As of August 2022, it has over 110 million total user accounts on the blockchain, more than 3.8 billion total transactions, and over $13.2 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021.
The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry – TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins.
TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum
Contacts
- Feroz Lakhani
- press@tron.network
With the support of Near Hacks, SupermoonX will bring 20 founders and builders on the Near protocol together at a private residence to discuss innovations and the latest developments within the Near ecosystem. This special edition camp will take place from Sept. 11 to 15 in Lisbon, Portugal.
Connecting the greatest minds in Web3 at Near House for a SupermoonX curated experience during Nearcon. Kicking off with the opening ceremony, Near House will continue with fireside chats, interviews and project discussions. All guests will be invited to talk about their companies and emerging trends in the Web3 and the crypto space.
Near Hacks runs hacker houses and hackathons to promote Near-native project development in the United States. Builders on Near can expect curated spaces to collaborate and learn, scaling their projects from MVP to seed and beyond.
Near Hacks is operated by Banyan Collective, a grant recipient of the Near Foundation with the goal of providing Ecosystem-as-a-Service to Near-native projects and businesses. Learn more about Near Hacks’ upcoming U.S. tour here.
Powered by the Supermoon Camp team, SupermoonX organizes special events with elevated networking experiences for talented professionals, founders and builders from different ecosystems with a mission to foster innovations and decentralization.
September 13, 2022, marks the date of an unprecedented Learn&Earn campaign led by a recent Web3 Unicorn Unstoppable Domains and a leading global crypto educator BitDegree.
Companies join forces to distribute up to $50 million worth of NFT domains to all students who complete any Web3-related course on the BitDegree platform.
“BitDegree and Unstoppable Domains have agreed to reward people who invest their time learning about crypto and Web3, incentivizing them to learn more and attracting newcomers to Web3 through learning. Web3 adoption will happen faster if we make the crypto community deepen its knowledge. So, we have decided to launch a massive campaign to capture the world’s attention – which we believe is the biggest Learn&Earn campaign in the history of crypto. In particular, we want our students to learn about the Web3 identity as the time is ripe for its adoption,” – Danielius Stasiulis, CEO and Co-Founder of BitDegree.
The 30-day Learn&Earn campaign aims to bring Web3 closer to the people by educating the existing crypto community and industry newbies. Students who completed any Web3 course before this campaign will also be able to claim a free NFT domain.
To signify the importance of the Web3 identity and its potential, BitDegree developed a dedicated LearnDrop course: NFT Domains: The Future of Web3 Identity. It is dedicated to educating students on the issues related to digital identities and solves a global lack of learning opportunities covering this topic.
“Web3 is still in its dial-up days, and education is the key to getting more people started. That’s why we’re so excited to help more people start their Web3 journey through this campaign,” – Sandy Carter, SVP and Channel Chief of Unstoppable Domains.
In Web2, our likes, comments, purchases, passwords, and posts are controlled by a handful of large tech companies that gather this data. Web3 identity enables individuals to have a single login and a portable digital identity that they own and control.
As an advocate of decentralization, Web3 identities, and user empowerment, BitDegree also supports Login with Unstoppable, a single-sign-on product by Unstoppable Domains. Login with Unstoppable allows BitDegree students to log in with their NFT Domain and keep control of their data.
This partnership with Unstoppable Domains is the most recent for BitDegree. The company’s goal is to educate the crypto community about exciting crypto businesses and projects through the prism of the issues they solve. In the near future Unstoppable will be delivering profile badges to BitDegree students that have finished a web3 course.
Earlier this year, BitDegree announced transitioning into Learnoverse – the first crypto learning metaverse. All current and future crypto content and features developed by the Web3 learning platform or its partners will be transferred to Learnoverse.
About BitDegree
BitDegree is a blockchain-enabled online educational platform that aims to connect educators, learners, and employers in a way that benefits every party. The company is focusing on innovating online learning methods with crypto tools. BitDegree is currently moving toward building an educational metaverse to provide an immersive learning experience. The goal is the create a space for everyone to teach and learn Web3, crypto, blockchain, and other skills.
About Unstoppable Domains
Founded in 2018, Unstoppable Domains is an NFT domain name provider and digital identity platform working to onboard the world onto Web 3. Unstoppable Domains offers NFT domains minted on the blockchain, giving people full ownership and control of their digital identity with no renewal fees.
With Unstoppable Domains, people can replace lengthy alphanumeric crypto wallet addresses with a human-readable name and log into and transact with over 200 apps, wallets, exchanges, and marketplaces.
Forbes named the company one of America’s Best Startup Employers in 2022. In July 2022, Unstoppable Domains achieved Unicorn status after raising a $64 million Series A funding round led by Pantera Capital.
Tron is thrilled to announce that Wintermute is now the official market maker for TRX and a strategic partner of the entire Tron ecosystem. In this capacity, Wintermute will provide liquidity for major TRX pairs across various exchanges, boosting greater accessibility to the TRX token. This strong alliance will foster further growth of Tron as the go-to global layer-1 blockchain.
“This latest partnership between Wintermute and Tron is an extension of our efforts to partner with leading DeFi projects and offer our support through what we do best: making markets more liquid. We’re thrilled for the opportunity to contribute to the Tron ecosystem as a liquidity provider.” – David Micley, director of business development at Wintermute.
Earlier this month, Wintermute became the latest whitelisted member to join the Tron DAO Reserve, gaining access to minting and redeeming USDD, the overcollateralized decentralized stablecoin powered by the Tron network.
Wintermute provides liquidity for digital assets and, as a leading global market maker, has helped a multitude of high-profile projects. Wintermute has a selective approval process before it begins partnering with a particular digital asset. Accordingly, Wintermute has a track record of working with the most prominent projects, which is further strengthened by its partnership with Tron and USDD.
Other market-making initiatives that Wintermute will provide for Tron’s native utility token, TRX, include providing coverage across centralized and decentralized exchanges, fostering more competitive spreads during all types of market conditions, offering insights on market conditions to help create a sustainable liquidity model and more. Wintermute will also provide strategic guidance to help better the Tron ecosystem.
Every major project in the Web3 space needs a reliable and innovative market maker. Wintermute aims to drive a tailored model, using the initiatives mentioned above, to reduce market takers or crypto whales’ influence over asset prices.
Such an approach leads to a more decentralized ecosystem that allows for greater user autonomy. Wintermute is lowering barriers for general market participants by providing liquidity on major exchanges, which, in turn, reduces disruptions and slippage during trading.
Tron is proud to partner with Wintermute strategically and looks forward to continuing to work toward their shared goal to decentralize the web.
About Tron DAO
Tron is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications. Founded in September 2017 by Justin Sun, the Tron network has continued to deliver impressive achievements since the mainnet launch in May 2018.
July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The Tron network has gained incredible traction in recent years. As of August 2022, it has over 109 million total user accounts on the blockchain, more than 3.7 billion total transactions, and over $13.2 billion in total value locked, as reported on Tronscan.
In addition, Tron hosts the largest circulating supply of Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum in April 2021. The Tron network completed full decentralization in December 2021 and is now a community-governed decentralized autonomous organization.
Most recently, the overcollateralized decentralized stablecoin USDD was launched on the Tron blockchain, backed by the first-ever crypto reserve for the blockchain industry, Tron DAO Reserve, marking Tron’s official entry into decentralized stablecoins.
Organizers of Europe’s most-anticipated Ethereum hackathon confirmed that applications for ETHLisbon 2022 are officially open, and the first badge of hackers will be notified of their admission by the end of this week. Between Oct. 28 and Oct. 30, Ethereum builders will get together in teams to earn sponsor bounties or kick-start their own idea. Applications will be open right up until the event; hackers have the chance to secure their spot here.
What is Lisbon Blockchain Week and why is it a must?
Hosted by some of the most legitimate names in the industry, the hackathon aims to provide the best possible experience to builders.
Lightshift Capital, 1kx and Activate are partnering up to take hackathons to the next level. In 2021, this successfully attracted thousands of crypto enthusiasts from all over the world to Portugal. Subsequently, Lisbon Blockchain Month was started as a community initiative for everyone who wanted to get involved and plan a complementary side event.
Not unlike ETHDenver, the event turned into an opportunity to meet and build alongside some of the biggest names in the industry: Austin Griffith, Stani and Protolambda participated as judges and mentors during the hackathon.
This makes an equal or better 2022 lineup promising. Although judges and mentors are not announced yet, the 2022 edition will be sponsored by even more quality projects: Wallet Connect, ZKsync, IPFS/Filecoin, Euler Finance, Gnosis Chain, Ledger and, according to the organizers, more to come.
Lisbon, which was already a paradise for entrepreneurs and digital nomads quickly accelerated into a European crypto hub following Lisbon Blockchain Week. The rich culture, developed infrastructure, climate and proximity to the ocean attract talent from all over the world. Simão Cruz, managing partner of Lightshift Capital, described it as the following: “We can definitely feel the growing network and community spaces for crypto enthusiasts. People are coming here to be part of something bigger and events like ETHLisbon are important to use these new-found synergies and create more opportunities for everyone.”
How can you participate?
Hackers can apply to hack through the official website. Non-coders and those who want to contribute in other ways can start their own side event and submit it to the Lisbon Blockchain Month website — the organizers strongly encourage diversity and participation during these days.
Most importantly, Lisbon is the perfect city to travel to for learning, networking and experiencing a unique, in-person community movement.