IOST Bi-Weekly Report | New Mainnet Milestones, Singapore Government Partnership and More

IOST Foundation
IOST
Published in
8 min readMay 20, 2019

IOST Bi-Weekly Report is a publication to share IOST’s latest community development, global market expansion and ecosystem developments with IOST community.

The IOST Foundation thanks our community for your continued support. Your advice is welcomed and valued here.

(A) Community Growth

(B) Mainnet Statistics

IOST Block Height Topped The Big 4 Public Chains 80 Days Post-Mainnet

The bar chart above demonstrates the block height comparison between IOST, Ethereum, Tron and EOS 80 days after their respective mainnet launch.

IOST exhibits the strongest momentum among the Big 4 public chains with the block height nearly 60 times higher than Ethereum, and 8 times higher than Tron during the same period post-mainnet.

Data for IOST, Ethereum, Tron and EOS are on 13 May 2019, 20 September 2015, 20 August 2018 and 24 August 2018 respectively.

Block height is an indication of transaction processing speed. In a certain period of time, higher block height means higher transaction processing speed. 80 days post-mainnet, IOST is displaying an ecosystem growth rate significantly higher than its Big 4 peers in their respective corresponding periods, which shows its superior performance.

(C) Ecosystem Development

1. LiarGame — Who Can You Trust?

Inspired by Liar Game, a popular Japanese drama and movie, LiarGame is a test of trust where the minority wins the majority. It has simple rules but diverse game plays. As a game with experimental scientific significance, LiarGame reflects the loyalty and betrayal, trust and fraud in real society and human nature.

LiarGame is now live on IOST mainnet, as well as our major DApp partners, including OnBlock, DappRadar, DappReview and TokenPocket.

LiarGame Website: https://liargame.io/
LiarGame Rules: https://liargame.io/rules

2. IOST Legend — The Gate To A Legendary World Awaits

IOST Legend by BlockGame is scheduled to launch on IOST mainnet in late May! As an improvement on the Classic Legend v1.76 developed by BlockGame, IOST Legend not only preserved the classic gameplay but also integrated token incentive system, where players can gain token rewards by killing the Boss, attacking cities and mining.

3. Expedition II — Embark On An Expedition!

Expedition II by BlockGame is a 3D MMORPG double-interface mobile game based on POW with the theme of fantasy. Players gain computing power rewards by multiple activities, such as using monsters to attack cities, challenging the Boss, battling in groups, and gain Token rewards by increasing online time, character combat effectiveness, etc. Expedition II is scheduled to launch in early June.

4. iUSD Stablecoin Beta Has Launched — Supports TUSD and USDC

IOST is excited to announce the launch of iUSD Stablecoin Beta, a stablecoin swap solution with TUSD and USDC. The solution is developed by Rate3, one of IOST’s Servi Nodes, bring ERC-20 liquidity and asset stability into the IOST ecosystem.

The iUSD stablecoin uses a frictionless token swap solution that allows IOST users access to the high liquidity of USDC, TUSD and in the future, other ERC-20 stablecoins. It also enables users to seamlessly and reliably transfer value between the IOST network and other blockchain networks, eliminated the problem of liquidity found in many non-ERC-20 stablecoins.

To swap your TUSD and USDC to iUSD, please follow this tutorial: https://medium.com/iost/iusd-stablecoin-beta-now-launched-supports-tusd-and-usdc-a19c1722650f

5. IOST’s First DeFi Project — Liebi Pool Will Be Released Soon!

Liebi Pool is a new generation of Proof-of-Stake (PoS) mining pool developed by the Liebi team. It is also the first DeFi project in the IOST mainnet. Liebi Pool uses a “Vote Token” concept. If you hold the Vote Token for Liebi Pool, you can immediately enjoy the special mining benefits such as automatic dividends, automatic compound interest, and free transfers.

6. Featured Dapps Support Program Has Launched!

To deepen collaborations with DApp teams and create a win-win situation for DApp community building and mainnet ecosystem construction, IOST has partnered with Pioneer Fund, an exclusive fund focused on DApps under the BlueHill Foundation, to launch IOST Featured DApps Support Program for IOST developers.

The Featured DApps Program application is now open for submission to all DApp teams who have released DApp(s) on IOST mainnet. Successful candidates in our Featured DApps Support Program will receive full support from IOST including marketing assistance, user acquisition, capital and more to further refine the operation of their DApps.

(D) International Growth & Partnerships

1. IOST Now Live on AWS — Launch Your Blockchain Solution Within 5 Minutes!

The IOST Foundation is excited to announce that IOST’s Blockchain-as-a-Service (BaaS) platform is now live on Amazon Web Services (AWS) Marketplace!

IOST’s high speed, secure BaaS platform allows developers to launch blockchain solutions in as quickly as 5 minutes. Developers can easily deploy a blockchain infrastructure with dev tools to develop Dapps, projects and test out IOST’s high-speed infrastructure with just one click. Offered through AWS Marketplace and available to millions of developers globally, we expect this platform to significantly accelerate Dapp development and network growth for the IOST ecosystem.

With our platform, developers can start developing smart contracts immediately, without the need to configure and manage local environments. Developers interested to use IOST’s one-click blockchain deployment solution on AWS can do so here: http://bit.ly/iost-aws-solution

2. IOST Strikes Strategic Partnership With Singapore Government To Develop Blockchain Ecosystem

The IOST Foundation is excited to announce a strategic partnership with Enterprise Singapore, alongside regional blockchain incubator Hashed Venture Labs, to support the growth of blockchain startups and grow the blockchain ecosystem in Singapore. In addition, IOST aims to work with Enterprise Singapore to drive enterprise blockchain adoption and help Singapore MNCs and SMEs unlock the transformational value of distributed ledger technologies.

IOST, through regional blockchain incubator Hashed Venture Labs, will help to evaluate and recommend promising Singapore blockchain founders to receive startup grants from Enterprise Singapore, supporting the growth of the Singapore blockchain ecosystem and mentoring the blockchain founders under its care. To learn more: https://hashedlabs.io/startup-sg-founder-grant/

Together with IOST partners — Bluehill and Theseus, founders building and launching solutions on IOST stand to receive significant support across product development, sponsorship into the IOST Global Partners Program, capital raising, industry networking, overseas expansion and new business opportunities.

3. IOST joins DappRadar as the 4th Official Dapp Platform after ETH, EOS and TRON

IOST is excited to announce the partnership with DappRadar, the biggest DApp data, discovery and distribution platform worldwide. IOST joins DappRadar with an exclusive listing including full integration, data tracking and analysis. This further cements IOST’s positioning in the top 4 DApp Platforms, joining ETH, EOS and TRON.

The various DApps built on IOST Mainnet will be shown in the DappRadar IOST section, through which our global users can explore IOST DApps, look up data, monitor growth and discover newly released and exciting DApps.

4. ChainLink Brings Real World Data On-Chain For IOST Dapps

IOST is excited to announce our partnership with Chainlink, the leading blockchain middleware (or “oracle”) that allows smart contracts to access key off-chain resources like data feeds, various web APIs, and traditional bank account payments. As a bridge for data exchange between blockchain and the real world, oracles can be used in many scenarios. It’s safe to say that oracle is a necessity for all Dapps that need off-chain information, such as lending platform, package tracking / IoT, stablecoins, gambling, insurance, to name a few. After the integration of Chainlink into IOST, developers aiming to build cross-chain Dapps can realize this goal on IOST. We see this as part of our continued effort to make a developer-friendly and practical blockchain platform for Dapp developers.

(E) Events & Workshops

1. “Where Are We Now?” Conference by CoinNess & THUIBA

CoinNess and the Tsinghua University International Blockchain Association (THUIBA) held a blockchain-themed event in Tsinghua xSpace (Beijing) on May 8, with the main topic being Blockchain Technology — Where Are We Now. IOST CTO Terry was invited to the conference, discussing the current state of the markets, blockchain ecosystems, and mainstream adoption with an expert panel of blockchain professionals.

IOST CTO Terry claimed that blockchain, for the moment, is very much like the Internet in its early years. According to Terry, bubbles, hyperinflation, and conflicts are seen everywhere in the blockchain world, but these are only parts of the difficulties we have to confront with apart from scaling and education.

“On talking about technical problems we are facing now, scaling comes the first. Education is another problem we have to solve. For example, only a few people know how to use Bitcoin as the whole process is too complicated to understand for the majority. Our task is to lower the entry barrier and make it easier for everyone to use blockchain,” said Terry.

2. IOST Workshop In Manila, Philippines

IOST Servi Node — BlockDevsAsia hosted a great event “Looking Beyond Ethereum” in Manila, sharing about building Dapps on IOST. Klatyn by Kakao also sponsored and spoke at the event.

3. IOST Workshop in Japan

IOST node AIYAA hosted a IOST smart contract workshop with developers from Meiji University, one of the top universities in Japan with over 130 years history. CryptoNinja developer, Dr. Wada, also gave a great lecture as IOST continues its rapid growth in Japan.

Join The IOST Community!

IOST not only has low technical barriers for developers to build DApps on it, but also proactively seeks collaboration with multiple DApp ecosystem platforms, in order to attract more users for IOST DApps. IOST is excited to work hand-in-hand with developers and our community to build the world’s first scalable AND decentralized blockchain project and create global blockchain transformation.

If you would like to hang out with the IOST community on chat, social media or to discuss product development, we have something for everyone:

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