The IOST Bi-Weekly Report shares IOST’s latest development, market expansion, and ecosystem developments with the IOST community.
From here, we would like to express our gratitude to our community for your positive outlook and long-term support. Your advice is welcomed and valued here.
A. Technical Development
[Development]
- Research: new features of the IOST Mainnet
- API performance fine-tuning
- Mainnet snapshot backup
[Operation and maintenance]
- Optimized and upgraded: internal efficiency tools
- Optimization, migration, and security inspection internal services
B. Community Growth & Mainnet Statistics
Disclaimer: Third-party developers develop all IOST DApps. The information provided here does not constitute any investment advice. All content provided here is intended for education only. IOST bears no responsibility or liability for any loss that users may experience. Please get in touch with the DApp team directly for any questions.
C. Ecosystem Development
Buidl IOST Together!
It is no secret that community is a core component of every project. The IOST community could and should be a key part of building a stronger ecosystem. A strong and collaborative effort from all IOST hodlers to boost our ecosystem, grow more applications, and build a stronger user base is much needed.
Bitpoint Japan Exchange Joins IOST Ecosystem Network as Node Partner
We believe that the participation of Bitpoint Japan, a well-known Exchange, as a node partner of the IOST ecosystem will revitalize the Japanese IOST community and reaffirm the IOST ecosystem to the global community. Bitpoint Japan also plans to launch an IOST coin staking service in 2022.
Ready for Innovation｜IOST’s Web3.0 Offline Events Tour
With the emergence of Web 3.0, significant changes are happening to blockchain technology in the meantime, especially in information creation, interaction, and storage. The latest R&D data shows that the global developer communities are growing at an unprecedented rate in Web3.0 applications and digital innovation studios.
To promote the ecosystem’s sustainable and innovative development and to raise awareness of the IOST blockchain, we have recently taken part in various offline events in Web3.0.
The TOKEN2049 conference held in Singapore has attracted more than 7,000 participants and more than 200 speakers from around the world and undoubtedly became the flagship event of Asia Crypto Week. In September, IOST has joined Token2049, various conferences, and was invited to multiple exclusive networking events.
During the conference, it is noteworthy that the speakers from high-profile crypto companies explained the importance of mainstream finance, while also shining a light on institutional finance’s interest in crypto. The market downturn, far from sowing doubts among institutional finance players, was encouraging them to come in and grow their portfolios. Institutional players are not exiting because of the situation of the market. They typically entered the crypto market by buying Bitcoin or Ethereum and branched out from there. Bear markets are a great opportunity to look for classical market participants. On another key note, regulation is not seen as a near-term risk but rather an inevitability that is necessary for the sector to mature. As such, there is increased focus on how to build connections with regulators and have collaboration rather than confrontation. This is perhaps best encapsulated in the attitude that “regulation can be our friend”, demonstrated this year by a number of speakers at TOKEN2049 where building bridges with regulators both domestically and internationally would contribute to their overall development and mass adoption. In this aspect, IOST’s diligence and compliance efforts have been rewarded with approval by the Japanese Crypto Association and Japan compliant exchanges. This is just one step in expanding our presence in a sector that is growing rapidly. Blockchain technology is creating a layer of innovation that we haven’t seen before. It’s going to be an exciting time because nobody really knows what’s going to drive the next wave of adoption or enthusiasm other than that it will be something, some piece of innovation that comes out of nowhere that’s going to surprise us the way that DeFi did a few years ago, or the way that NFTs did. The IOST team is preparing our infrastructure and resources to catch the next exciting wave when the time comes.
IOST x Transcend Lab sWeb 3 Incubator
Transcend Labs is committed to tokenomics modeling, go-to-market strategy, marketing, and community building for blockchain start-ups and early-stage projects. Also, Transcend Labs has deep roots and networks in the European region while being able to provide project teams access to world-class mentors, investors, and launchpads globally.
D. Nodes Ecosystem
IOST.BEST Node double rewards promotion until November 30. Double Rewards Until the End of Autumn!
IOST.BEST node completely distributes its reward, which it receives daily for the number of votes given to the node, to all those who vote and hold their votes on IOST.BEST node. With this action, we want to thank all those who voted for us and make your life a little happier
Who can take part:
- Users of the IOST network who voted for IOST.BEST node from 16.01.2021 to 30.11.2022
- Network users who voted for IOST.BEST node before 16.01.2021
Calculation of the reward:
The reward is calculated on a daily basis. The calculation is based on the statistical data of our node, which are posted here in the column “Dividend Records”.
The reward is calculated on a daily basis. The calculation is based on the statistical data of our node, which are posted here in the column “Dividend Records”.
Citadel
- Additional $XCT tokens on top of the IOST staking rewards.
From August 19, 2021, all the stakers at the citadel.one will get an additional $XCT tokens on top of the IOST staking rewards.
Metanyx
- Passive Income on IOST
METX was the first token officially launched on the IOST Blockchain soon after the mainnet was launched in early 2019. METX is distributed to voters every day, and to receive METX. You simply have to vote for Metanyx
About IOST
High fees and slower transaction times on the Ethereum network have left the door open for new solutions to emerge, and IOST is one such project that has been gaining traction since its mainnet launch in 2019.
Backed by major financial and VC firms such as Sequoia, Matrix, and ZhenFund, IOST is a pioneering decentralized, high-throughput, gas-efficient Proof-of-Believability-powered smart contract platform built to tackle the scalability trilemma once and for all. For this, the concluding ranking from China’s CCID ranked IOST as the best blockchain platform under Basic Technology, better than Ethereum, EOS, and every other smart-contracting platform evaluated by the agency. This is a testament to the quality and ability to roll out a better, innovative product and reflects our genuine desire to be the best in the sphere.
Being one of the public chain leaders in terms of adoption, performance, and utility, IOST remains committed to our mission to unleash the power of blockchain. IOST currently has the ever-expanding 500,000 community members in over 20 countries, over 400 nodes, a top staking economy, and symbiotic relationships with corporations dotted worldwide.
If you would like to hang out with the IOST community on chat, social media, or discuss product development, we have something for everyone:
Telegram | Announcement | Twitter | Japan Twitter | Korea Twitter | Developer Community | Facebook | LinkedIn | Medium
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