Shiden Growth Weekly News , April 11 — ShidenPass, USM launching, and more
Hi friends! It will be nice to have a recap of the Shiden Network weekly Growth. This digest highlights the exciting events which took place over the last week. Stay put, and let’s discuss the Shiden Network Weekly events as follows:
The Shiden Network introduced ShidenPass to allow a cutting-edge Web 3.0 experience.
The Shiden Network introduced the ShidenPass. The idea of the ShidenPass is to allow dApps on the Shiden Network to offer extra perks and benefits for holders. Also, through the ShidenPass, owners can mint limited and exclusive Shiden Dragons NFT! To stand a chance of participating in the ShidenPass and mint your first limited and exclusive Shiden Dragons NFT, check it out here and don’t miss your chance!
Standard Protocol Rolled out the first Self-sovereign Stablecoin.
The standard protocol Launched the first multi-chain decentralized stablecoin, USM, in MetisDAO. The standard protocol believes in self-sovereignty and has deployed USM Stablecoin as one of its approaches to achieving self-sovereignty. The platform adopted a new decentralized stablecoin to ensure self-sovereignty. The next generation, Stablecoin, proposes a solution to the existential crises of decentralization we currently have in the USM and stablecoin field. Please find more details about USM and How it Works here.
NFTYLabs provided an exciting read about its Web 3 venture studio foundation products, NFTY Network & SocialPass.
NFTYLABs, one of the top projects taking part in staking on Shiden App and the builder’s program, is a foundation focusing on the growth of NFT ecosystems by building open-sourced, community-based tools that will unlock inherent utility and value within NFTs. NFTYLab’s goal is to create new applications that offer new utilities for NFTs, and we aim to do this by utilizing a core feature of all NFTs: ownership. Through its latest publication, they provided more insights into their NFT project and how it changed the narrative.
DIA announced the partnership with FantOHM, the multi-chain decentralized Reserve and Revenue Protocol. The aim is to deliver transparent market price data on-chain to power the protocol’s operations.
About Shiden Growth
The main goal of the initiative is supporting the Shiden ecosystem particularly the whole community, existing projects deployed on Shiden networks as well as helping new projects to migrate and deploy their dApps or smart-contracts on top of Shiden.
Building the community for the whole ecosystem and providing the media support for the ecosystem dApps, create educational content for the community as well helping to interact it and collecting feedback — it is one of the main priorities for us. Shiden’s dApps will be able tеo gain support and have the opportunity to spread awareness in the community about their products.
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