Weekly news from Kusama & Polkadot #54
1. Astar cooperates with the largest Japanese internet provider Docomo
The largest Japanese internet provider NTT Docomo started a collaboration with Astar Network aiming to cooperate in the dissemination of Web3.
Based on the already signed agreement, Astar Foundation and Docomo will launch a project to solve social issues utilizing the concept of the decentralized autonomous organization (DAO). They will work together to formulate solutions using Web3 technology to various issues facing modern society, such as regional development and addressing environmental problems.
By combining the knowledge and experiences of Docomo together with Astar Network’s technology and operational know-how, this collaboration will lead to further promotion of the Web3 idea.
Why it's such a piece of big news? NTT Docomo is the biggest Japanese mobile-phone operator and is going to invest $4B (600B yen) into Web3 infrastructure. Japan’s government owns approx 1/3 of NTT Docomo’s parent company, NTT. Astar is aiming to become the 1st L1 solution for Japan and this collaboration is simply one of the steps.
2. ArthSwap opened pools for iBTC and INTR
ArthSwap, the no1 one-stop DEX on Astar Network, recently opened liquidity pools for Interlay’s tokens INTR and iBTC.
INTR, the native token of Interlay, is now available in the liquidity pool together with DOT and also with the ASTR token. You can farm those LPs for quite an attractive APR at this moment ~123%.
iBTC is the most decentralized BTC representation of wrapped token running on the Interlay network. ArthSwap allows putting your iBTC into the LP together with the DOT token. You can farm this LP with a 28% APR.
3. 60th Kusama auction won by Zeitgeist
Zeitgeist has won the most recent parachain lease auction. By self-funding 500 KSM worth ~$12k, Zeitgeist secured its most recent parachain slot. Zeitgeist won the second parachain slot on Kusama while winning auction #17 several months ago.
Zeitgeist is a decentralized network focused on creating prediction markets. With Zeitgeist, people can bet on various events that will happen in the future be it sports, crypto, politics, or even governance. Zeitgeist introduced a very interesting governance body called futarchy, where the system governs itself based on the signals coming from the predictions markets.
4. Crust Network cooperates with OneLand
Crust Network recently announced a new partnership with OneLand. OneLand is a one-stop finance platform for virtual lands in the Metaverse.
Crust Network is going to provide OneLand users with the best possible decentralized storage experience. Crust will also provide its unique pinning and gateway services, as well as an IPFS scan tool, full technical support, operational and maintenance services including ID aggregation, data sharing and indexing.
Users of OneLand may explore all the data from the virtual lands on a single page and gain analytics insights from it, thus solidifying OneLand’s position as the go-to resource for all your Metaverse-related needs.
5. Energy Web presented the Trusted Green Charging
Energy Web recently presented its Trusted Green Charging solution at the citizen mobility event organized by Unternehmertum. The prototype makes locally generated green energy traceable and tradable. And of course, powered by Energy Web’s technology.
For more information about Trusted Green Charging, just go to the website or check this short informative video.
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