Weekly News from Polkadot & Kusama #81
1. PolkadotPrague 2023: unveiling the future of blockchain in Prague’s premier conference
The PolkadotPrague 2023 conference, the foremost blockchain event in Prague, starts next week. Immerse yourself in the latest advancements of Polkadot and connect with industry experts. This trailblazing event embraces collaboration, innovation, and interoperability, unlocking endless possibilities for a brighter, interconnected future.
Get ready to hear from esteemed speakers such as:
- Alexei Zamyatin from Interlay, discussing “Mastering Cross-Chain Bridges”
- Ben Greenberg from Parity Technologies with his speech “Should your Dapp be a Parachain?”
- Naomi Oba from Astar presenting “Astar Network: From Tokyo to the World”
- Alice und Bob from Mangata Finance on “Inviting Ethereum to the Party — The Future of Layer 2 is Substrate”
- Jakub Greguš from HydraDX sharing insights on “Why users and liquidity will love Polkadot”
This 2-day conference on June 5th and 6th at the enchanting Gabriel Loci venue offers a unique opportunity to learn, network, and contribute to the thriving Polkadot and Web3 communities. Don’t miss this chance to be part of the future of blockchain technology. Reserve your spot now and join us in Prague for an unforgettable event. The conference is free of charge, but only with a valid ticket.
Polkadotters will be there as well, our CEO Petr Menšík will discuss “The state of Polkadot ecosystem in 2023”.
PolkadotPrague 2023 is part of the Prague Blockchain Week, where will attend also Vitalik Buterin on the ETH Prague conference. There is also another amazing event called Polkadot NFT Prague, where NFT communities connect and thrive. It will take place in the legendary Paralelni Polis on June 4th.
See you all in Prague!
2. LUKSO mainnet launches, pioneering the new creative economies on blockchain
LUKSO, founded by blockchain veteran Fabian Vogelsteller, has officially launched its Mainnet, marking a significant milestone in bringing blockchain technology to the New Creative Economies. As an open and neutral base layer, LUKSO provides future-proof tools and standards for creators and users, enabling them to unleash their creative potential in an interconnected ecosystem.
With a focus on mindful consumerism and ethical living, LUKSO offers decentralized provenance records to enhance transparency and capture the unique stories behind products. Moreover, LUKSO’s standards proposals, such as Universal Profiles and Identifiable Digital Assets, revolutionize identity management and enable smart contract automation.
As an EVM-compatible blockchain, LUKSO complements Ethereum by simplifying onboarding, increasing security, and expanding the reach of decentralized applications. LUKSO aims to empower millions of new users and shape the future of blockchain technology.
3. Energy Web launches Green Proofs for Bitcoin, standardizing sustainable mining practices
Energy Web, the non-profit behind open-source clean energy solutions, has unveiled Green Proofs for Bitcoin (GP4BTC), a pioneering initiative that establishes a standardized energy measurement system for the Bitcoin mining industry.
GP4BTC aims to increase transparency and support Bitcoin miners’ decarbonization efforts on their path to net-zero. Certified miners will receive recognition based on their clean energy usage and contributions to grid stability.
Developed in collaboration with miners, NGOs, and energy market participants, GP4BTC offers a unified framework for assessing and verifying sustainability practices. This initiative sets the stage for sustainable mining to become the norm in the Bitcoin industry, promoting environmental responsibility and attracting institutional finance.
4. Binance enables Tether (USDT) integration on Polkadot, facilitating deposits and withdrawals
In a significant development for the Polkadot ecosystem, Binance, a prominent centralized exchange, has completed the integration of Tether (USDT), the leading stablecoin by market capitalization, on the Polkadot network. Binance users can now easily transfer their USDT to Polkadot, enhancing the usability and accessibility of the stablecoin within the ecosystem.
This integration is expected to drive further adoption of USDT and increase the amount of USDT minted on Polkadot’s asset hub, Statemint. With its high liquidity and large user base, USDT is set to play a key role in the Polkadot parachain ecosystem, particularly through the trustless HydraDX Omnipool, which currently holds over $2 million of USDT.
5. Tanssi simplifies appchain deployment, empowering developers for blockchain innovation
The emergence of appchains has opened up new avenues for growth in the blockchain industry, offering decentralization, scalability, and customization. However, deploying appchains has been challenging, especially for small development teams.
To address this, Tanssi, an appchain infrastructure protocol, aims to simplify the deployment process and make it more accessible. By providing essential tools and services, Tanssi enables rapid appchain deployment in under an hour, allowing developers to focus on coding and enhancing user experiences. This developer-friendly approach paves the way for increased blockchain adoption and fosters future innovation in the industry.
6. Menthol Protocol joins peaq ecosystem to enhance sustainability in Web3
Menthol Protocol, the first multi-chain decentralized ReFi protocol with automatic carbon offsetting, is partnering with peaq to help decentralized applications (dApps) and Decentralized Physical Infrastructure Networks (DePINs) on the peaq blockchain calculate, reduce, and offset their environmental impact.
By integrating Menthol Protocol, the peaq ecosystem becomes even greener, allowing projects to go carbon-neutral through on-chain means. This collaboration not only promotes sustainability but also attracts more liquidity and projects to the network. Menthol Protocol’s focus on automated sustainability aligns with the vision of a more transparent and eco-friendly Web3.
7. Redesigned Centrifuge App simplifying real-world asset investing on the blockchain
Introducing the new Centrifuge App, revolutionizing real-world asset investment on-chain. With a redesigned interface, it merges the security of TradFi (traditional finance) with the innovation of DeFi.
The app streamlines KYC and KYB processes, ensuring a seamless onboarding experience. Multi-chain support enables investment from any supported chain, starting with Ethereum and Centrifuge Chain.
As Tinlake transitions, all pools remain accessible in the Centrifuge App, so you got everything under one umbrella. New users can easily onboard.
Earn CFG rewards and enjoy a user-friendly interface for investing in real-world assets. Embrace the future of decentralized finance with the upgraded Centrifuge App.
8. InvArch Network launches 2nd crowdloan with enhanced rewards, paving the way for decentralized communities on Polkadot
The InvArch Network is back with its crowdloan, offering even greater rewards. Despite a setback in the previous round, the InvArch Network raised 150k DOT and saw a record-breaking number of participants.
Now, they are launching their second crowdloan stronger than ever with extra bonuses for contributions. InvArch is a DAO hub for decentralized communities and borderless businesses on Polkadot, enhancing the user and developer experience across multiple blockchains. With the Saturn Multisig solution and integration partnerships with various wallets, InvArch is set to revolutionize asset management. Join the crowdloan to earn VARCH and vsDOT and be part of the future of decentralized finance.
Here is the InvArch crowdloan breakdown
9. Experience the ERC-1155 standard with Bluez NFT: embrace the future of collectibles
Bluez, a leading platform for digital collectibles on Astar, has partnered with Astar’s innovation hub to bring the ERC-1155 standard and Bluez API services to the forefront of the ecosystem.
This collaboration marks a significant milestone in the growth of Astar, as it enables seamless NFT tracking and introduces new standards for digital assets.
Embrace the future of collectibles with Bluez NFT, where users can explore endless possibilities and unleash their imagination.
10. Ontology teams up with Alchemy Pay to enable seamless crypto integration and accessibility
Users worldwide can now seamlessly buy and sell cryptocurrencies using their preferred local fiat payment methods on the Ontology blockchain, thanks to the integration of Alchemy Pay’s on and off ramp solution.
Additionally, Ontology’s native tokens, $ONT and $ONG, are available for direct acquisition using fiat payments, facilitating fast and cost-effective transactions.
The partnership aims to expand Ontology’s ecosystem, attract more users, and leverage its decentralized identity and data solutions to drive Web3 infrastructure.
- Strengthen Polkadot by nominating your DOT tokens to POLKADOTTERS, community builders for the Polkadot ecosystem
- Support Polkadotters Shrimp and Polkadotters Octopus on Polkadot and be a part of a more secure Web3 future
- Discover our presence on the DVA (DOT Validator Alliance) pool and join our efforts to secure the network by using Nomination pools
