At 20:00 on March 27, 2020, GMT+8, IOST held the 2020 Q1 Global Partner Nodes Conference. More than 50 representatives from around the world gathered together to share their contributions in the first quarter of 2020 and their development plans for the next quarter.
IOST’s Progress in Q1 2020
At the beginning of the conference, Blake, head of IOST’s Korean market and the IOST Foundation representative delivered a speech introducing the milestones achieved since IOST’s mainnet launch to the first quarter of 2020.
IOST is an international team with more than 400 partner nodes from about 20 countries around the world in its ecosystem, including many media companies, exchanges, mining pools, and top tier dev teams and, of course, the community.
After the launch of the mainnet, IOST has been interviewed by CCTV and delivered a speech in the Great Hall of the People. In addition, IOST has successfully launched a power trading project in Fujimi City and cooperation with AWS China. In the next stage, we will keep working hard and implementing IOST in all fields.
Recently, IOST released three important announcements. First, IOST launched the aircraft carrier program that will expand its business based on IOST Enterprise Edition — AIOU Technology. IOST Enterprise Edition can be used in various fields, such as government affairs, supply chain, charity, Internet of Things, games, etc. The goal of IOST is to provide better services for each industry based on the experience and data obtained from previous cooperation with governments and enterprises, which will help traditional enterprises to more easily adopt the IOST blockchain.
In addition, based on feedback from the community over the past year, the IOST Foundation updated the Node Program and decided to share more rewards with tier 1 to 3 partner nodes. Since a large number of nodes have to divide one’s share within each tier, this led tier 1–3 nodes to receive a relatively small amount of rewards compared to what IOST foundation and the nodes expected at the very beginning. Moreover, tier 4–5 nodes took a comparatively large amount of rewards with lesser efforts. The foundation believes that this situation is undesirable and unfair for the IOST ecosystem partners. Through this change, IOST will distribute rewards more fairly, providing more rewards for nodes who make more contributions to the ecosystem.
Finally, IOST’s staking mechanism has also been updated. In a highly volatile crypto market, the one-week freeze period adds uncertainty, so the IOST Foundation shortened the 7-day freeze period to 3 days. While working on establishing a better ecosystem and realize the widespread implementation of blockchain technology, IOST also hopes to provide everyone with a better user experience through this upgrade.
Partner Nodes’ Sharings: Q1 2020 Contributions & the Next Quarter Plans
Next, 15 partner nodes shared their contributions and thoughts at the conference. The following is a summary of the shared content, we hope it inspires everyone to get higher contribution rewards in the next quarter.
1. EverSystem
In Q1 2020, EverSystem mainly focused on building a p2p electricity trading platform on top of IOST and launched the system on 1st March. With the IOST team and partner companies’ support, EverSystem successfully finished the PoC.
In the next quarter, EverSystem will be working on creating use cases in Japan using the IOST BaaS platform, which was launched recently by IOST Foundation, and hopefully partner with Japanese companies to deliver solutions to various real-world problems. EverSystem has also started building their own product using blockchain and look forward to introducing them to the market soon.
2. Liebi Pool
In Q1 2020, Liebi mainly worked on two aspects: market operations and product development.
For market operation,
- Mining pool stake increment: 89,714,604 IOST, 45% more
- The total stake of the mining pool reached 211 million IOST
- Mining users increment: 512
- Total mining transactions 890,000,
- Transaction amount: 2.41 Million VOST.
For product development, the IOST cross-chain transfer bridge public component RUST-IOST development is now completed and Liebi is currently building the relay-service code.
In Q2, Liebi will start the development of the light node for the IOST cross-chain transfer bridge. At the same time, the Liebi pool will also optimize the user experience and lower the threshold for Staking participation.
3. Square One
Square One is working in the business of making sports clothes and design, this is why they decided to spread IOST through something physical, an actual product that people can use. Square One set up IOST shop with IOST products and are spreading IOST Pay through all web pages and partners.
4. XPET
In Q1, XPET has made three main contributions to the IOST ecosystem:
1. The regular operation of the XPET Monster World game
- The update frequency → still once a week
- Promotions and new activities → once a month.
- The daily activity and transactions are stable in the top 3 ranks according to IOST public chain DAPP rankings.
2. Improved the IOST main network IRC721 protocol to achieve cross-chain reuse of NFT assets
With the official assistance of IOST, XPET improved the IFT mainnet NFT protocol IRC721, and based on the pets of the monster world, they released IOST’s first NFT game asset. In addition, an interface to the cross-chain transfer bridge of the EOS mainnet NFT assets was added to the IRC721 protocol, enabling “asset reuse” of the same game asset in the same game on two public chains.
3. The development of the NFT game asset trading platform “LOOT”
LOOT is a comprehensive crypto asset trading platform. NFT assets connected to the IRC721 protocol can use transfer, cross-chain transfer (currently supports cross-chain between IOST and EOS) and trading functions on LOOT.
In Q2, XPET will keep working on the development and improvement of new game features, using the game assets of the monster world as a model to provide developers of the IOST ecosystem with relevant NFT asset development, distribution, and trading services.
5. BlockArcade
BlockArcade had a very successful and productive Q1 this year! They successfully launched 2 new dapps — BlockArcade VIP Staking and CryptoRun.
Here’s a quick overview of BlockArcade from this quarter:
- Daily active and monthly active users are much higher than 2019 Q4!
- BlockArcade hosted 10 rounds of Quantum Raffle draws and live-streamed the event on Twitch
- BlockArcade sold their first NFT t-shirt to a user
- Integrated BlockArcade NFTs with Jetstream wallet.
- Listed TIX on the otbTRADE DEX, and otbCOIN in BlockArcade’s prize exchange.
BlockArcade VIP Staking is a staking pool built on top of the IOST staking program. Users can stake the TIX earned from BlockArcade games to earn TIX daily and auto-compound their rewards daily on our node. This has been a big success with close to 7 million TIX already staked and voted for our node.
CryptoRun is an arcade racing game based on the classic Outrun game where users compete for the fastest lap while collecting TIX. Currently, there is have a free mode for users to play, in addition to a paid game mode. BlockArcade has future plans to offer many different cars as NFTs for users to collect, trade, buy, and sell.
BlockArcade rewarded the community users on Telegram with 5 AirDrops totaling 500,000 TIX (50k IOST equivalent)!
In Q2, BlockArcade expects to finalize the IOST NFT standard, creating an NFT marketplace, and adding more car NFTs to our CryptoRun game.
6. Gametea Chain
As a media partner node of IOST, Gametea Chain mainly contributed original content in the last quarter including the ecosystem inventory of IOST, interviews with characters, and interviews with games in the Ecosystem game chain, etc., reaching a total of 50,000+ views.
In Q2, Gameta will keep working on original content and continue to distribute content on multiple platforms to expand the influence of IOST. Gametea will also make use of its accumulated resources in the traditional game field and the blockchain field in the past two years to assist AIOU Technology in its online and offline activities. If the epidemic situation improves, Gametea will work with Aiou Technology to host an offline event in Chengdu. in terms of original content, they will also combine blockchain reform content to make a series of column on-chain reform solutions, which will do a good job of online promotion for AIOU Technology.
7. Heritage Blocks
in Q1, Heritage Blocks focused on content creation and brand exposure via spreading all kinds of IOST contents in order to elevate the understanding level of IOST. It is worth mentioning that Heritage Blocks held an offline event in Korea with Blake, head of the IOST Korean market, and Hoonil from the IOST QED partner node. This event, which was held in Jiangnan City on January 13, the event gathered more than 180 participants, was promoted in more than 10 blockchain portals and communities and received more than 20K + views.
In Q2, Heritage Blocks will keep contributing to the IOST ecosystem and activate the Korean market community. Taking into account the current situation of COVID19 and economic crisis, people are questioning their belief in crypto. As a major blockchain platform and project, it is particularly important for IOST to enhance the relationship between IOST and community users, which will be strong fundamental for the future. To this end, Heritage Blocks will attract more newcomers from the local community, and expand marketing channels for promotion and make every effort to create high-quality content.
8. IOST Watch
In Q1 2020, IOST Watch pushed much IOST high-quality content, comparing IOST’s technology with other public blockchains, and published weekly summaries in the IOST community. Alongside the IOST Africa team and Jade Wang, IOST is expanding to the African market, distributing IOST TokenPocket wallet activation codes to new users, and improving IOST ’s media exposure on Google (IOST ’s news search on Google) and Twitter.
In Q2, IOST Watch plans to increase the exposure of IOST through high-quality content. After the COVID-19 epidemic is over, more offline plans will be adopted to promote IOST in Africa, organizing interesting online AMA activities in order to spread and promote IOST in a more blockchain-focused community.
9. Metanyx
In Q1 2020, Metanyx represented IOST in the UK and Europe at the CryptoCompare Summit during the London Blockchain Week and represented IOST at the ISC2020 Edinburgh event. Metanyx also conducted a buyback of more than 75 million METX and helped to support the users in the IOST Telegram / Slack community.
10. OKEx mining pool
In Q1 2020, the OKEx mining pool completed the distribution of LOL airdrops to IOST vote users from December 2019 to February 2020; and launched an exclusive 10-days event from February 11 to February 21, which was very popular among voters. In addition, the OKEx mining pool also spreads and promotes IOST on Twitter, Facebook, Telegram and other platforms, reaching tens of thousands of users.
In Q2, the OKEx mining pool plan will continue to optimize staking products, increase user staking participation and voting enthusiasm; it will continue to increase the number and influence of IOST communities through high-quality online and offline activities and advertisement.
11. Crypto Sanguo
In the last quarter, Crypto Sanguo has kept working on the game’s operation and maintenance. Daily active users reached an average of 100–200. They also held a series of events during the Spring Festival to give players some prizes.
In addition, the team is are working on a new game, Coin Voyage. It is a nautical-themed cross-chain game, IOST is one of the two chains in which Crypto Sanguo started the development. After the white paper was released on March 16, it attracted the attention of many players. The team hopes to make this game a phenomenal product and get the daily activity of more than 10,000 people. At present, they have contacted TP, Dappbirds, Lichang, XPET, and other nodes, and look forward to joint operations after going online.
12. Lichang
Lichang is a community platform with public chain mining as core and UGC (user-generated contribution) with more than 600,000 registered users. In the first quarter of 2020, Lichang mainly carried out work in the aspects of content/media publicity, DApps promotion, and community construction. Currently, IOST has about 60,000 followers on Lichang, about 30,000 related topics are viewed and generated 1,500 reactions. In terms of content creation, Lichang produced more than 1043 articles and 9 DApps in the IOST ecosystem are listed on the Lichang App while promoting and building communities on its platform.
In the next quarter, in addition to actively participating in IOST’s official activities and providing newsletters, DApps promotion, topic support, etc. Lichang will also add Weibo, community AMA, live broadcast and other channels to strengthen IOST’s influence in the industry.
13. Kwudor
Kwudor is a professional team focusing on blockchain game services.
Q1 contribution:
1. Helping promote IOST announcements & media and promotion of the IOST ecosystem, and establishing Kwudor’s official profile on multiple platforms to synchronize IOST announcements. In Q1, a total of 109 articles related to the IOST Ecosystem were published. Among them, 58 articles were published on Kwudor’s own website, and 51 were published under Kwudor official account in external platforms; covering IOST ecosystem mainstream game projects and reaching 6700+ views on its website; and 950+ likes in external platforms, 20+ comments, and 660+ video playbacks.
2. Complete the evaluation of the IOST mainnet DApp. Completed the evaluation of the new game “Super Player” launched on the IOST mainnet, issued 2 evaluation reports, and produced 1 video tutorial for “Super Player”.
3. Provide targeted assistance to players and communities in various game projects and assist in the community management and community activity of the IOST top tier game XPET Monster World.
4. Kwudor official website introduction to the mainstream wallets
Kwudor’s site is connected to the TP wallet and Math wallet. Users can now easily access the website to view the IOST ecosystem and especially the IOST game ecosystem information.
Q2 work plan
- Based on Kwudor’s official website, to launch the “Kwudor Chain Games” WeChat public account, Weibo and other platform accounts and to use Kwudor’s original articles to boost the IOST ecosystem development, especially the IOST game ecosystem advertising work.
- Provide assistance to IOST mainstream game projects in terms of community and operation.
- Promote online and offline activities in a timely manner to boost the development of the IOST ecosystem, especially the game ecosystem.
- Assist IOST to carry out related work on mainnet construction.
14. OTB
OTB will continue to update otbTRADE in the next quarter, and this update will support p2p transactions and more. In addition, OTB is working on multilingual support and the upgrade of fiat.
15. IOST.Best.Node
IOST.Best.Node did a lot of work in Q1. IOST.Best.Node jointly works with Zavodil to hold an airdrop event for Russian speakers to celebrate the first anniversary of the IOST mainnet. IOST.Best.Node also plans to hold a joint trading competition event with the LGTE platform. In addition, negotiations on projects using IOST and the promotion of IOST are ongoing.
In IOST’s Node Program v2.0, we added some compulsory duties for nodes. Please take notes:
- Join at least two IOST node conferences every quarter
- Retweeting or distributing at least 6 IOST articles in your community.
If a node fails to fulfill the above duties, its contribution tier will be downgraded by one.
We would like to express our gratitude to all the partner nodes for taking the time to participate in this conference. In Q2 2020, IOST will continue to work with all our partner nodes to build a more complete and decentralized ecosystem.
Join IOST Community
More than 400 nodes, over 500,000 community members & supporters, ranks top staking economy in the global comprehensive index, ranks #6 among 37 crypto projects in the general index and #3 in the basic-tech index by the CCID Global Public Chain Technology Assessment Index and so many more accomplishments to list, it is undeniable that IOST has been developing a thriving ecosystem & influence worldwide. And we owe this to the unwavering support of our nodes & community members.
If you would like to hang out with the IOST community, check out the following official channels:
- International English Telegram Group: https://t.me/officialios
- IOST Announcement Channel: https://t.me/iost_announcements
- IOST Official Twitter: https://twitter.com/IOStoken
- IOST CTO Terry Wang Twitter: https://twitter.com/terrence_iost
- IOST CEO Jimmy Zhong Twitter: https://twitter.com/jimmyzhong_iost
- Slack Developer Community: https://invite.iost.io
- Reddit: https://www.reddit.com/r/IOStoken
- Facebook Page: https://www.facebook.com/IOSTofficial
- Facebook Group: http://bit.ly/IOST-FB-Group
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