IOST Bi-Weekly Report | Polkadot Integration, New Exchange Listing, NFT Marketplace & Much more

Zhen
IOST
Published in
5 min readMar 8, 2021

The IOST Bi-Weekly Report is a publication to share about the 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 continued support. Your advice is welcomed and valued here.

A. Technical Development

[Development]

  • Upgrade: Mainnet code to go1.16
  • Upgrade: Mainnet basic docker image to ubuntu18.04
  • Development: Mainnet monitor

[Operation and maintenance]

  • Docking with exchanges
  • Optimization of IOST internal services and migration matters

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 which players may experience. Please contact the DApp team directly for any questions.

C. Ecosystem Development

Binance Added BUSD Trading Pair for IOST!

Donnie Finance’s summary for IOST users

On February 25, Donnie Finance distributed the airdrop among 15 trading platforms which supported the first airdrop of DON to IOST users. Among them, 3 have officially listed and opened trading services for DON.

4000 new Explorers join the Adventure of CrossLink

4000 new gamers joined IOST and registered a free mainnet account each after the event launch on 22 Feb.

Enter this GPS-linked strategy game, get a free IOST mainnet account & a free limited game weapon on CrossLink!

Trade small & earn big in the IOST Trading Competition.

To be eligible, trade 500 or more IOST tokens during the contest on LATOKEN. Top-5 traders will earn a share of 55K $IOST tokens!

Gate.io Lists IOST! Updated Exchange List To Trade IOST

The leading exchange Gate.io officially lists IOST on 1st March 2021, with IOST/USDT being the first trading pair available.
Currently, Gate.io exchange is the top 20 exchange on both Coinmarket Cap & CoinGecko Exchange Ranking. Existing Gate.io users can now experience trading IOST, while the IOST users have one more option for their exchange platform.

Details:

IOST Partners Japan-based HashPalette to Optimize NFTs for Global Users

2 March 2021, IOST is announced as one of the first projects to join the Japan-based HashPalette blockchain network.

Hashpalette Inc. (Headquarters: Tokyo, CEO: Seihaku Yoshida / Yuuki Matsubara) officially operates a testnet of the blockchain network “Palette” specializing in the entertainment field on March 2, 2021.

IOST NFT Marketplace Now Enables Users Original Content Trading

IOST’s NFT Marketplace continues to show new features: Users can now create original avatars and arts and sell user-created cryptographic art contents in CROSSLINK game.

IOST Partners With Polkadot For Cross-Chain Interoperability Breakthrough & Successfully Completed The Testnet for Cross-Chain Bridge

5 March 2021, IOST successfully completed the testnet for the cross-chain bridge and is at the final development stage for building a cross-chain transfer bridge to the Polkadot Ecosystem. The move is part of IOST’s plans to promote its cross-chain interoperability, bringing tremendous value for IOST users & developers and drive bigger adoption scenarios for its blockchain.

This solution includes three parts:

1. IOST cross-chain asset contracts, through which users can submit cross-chain asset transactions.

2. The relay gateway is responsible for collecting the cross-chain asset contract transactions, verifying the transactions through the SPV client, and submitting the SPV certificate to the Polkadot parachain.

3. The Polkadot parachain then verifies the SPV certificate and completes the transaction confirmation. After that, it will communicate with other parachains through the XCMP protocol to complete the transfer of assets from IOST.

Join the IOST Community!

Supported by Sequoia, Matrix, ZhenFund, and other major investors, IOST is an enterprise-level blockchain platform developed for online service providers.

The IOST project team is currently mainly composed of R&D personnel focusing on blockchain distributed technology. The team is formed by experienced blockchain industry experts who have graduated from world top universities such as Princeton, Stanford, MIT, Tsinghua University, and Beijing University.

With a two-year-old mainnet, IOST has swiftly risen to become a world-leading public chain renowned for its numerous government collaborations and enterprise partnerships around the world. IOST is one of the Big Four public chains with a rich user base and real applicability alongside Ethereum, EOS, and TRON. 500,000 community members, over 20 countries worldwide, over 400 nodes, top staking economy, and growing.

IOST’s Node Program is widely praised as the globally leading staking program by numerous blockchain research institutions with attractive returns, low risk, and ease of use are some of the key program highlights. To learn more and participate in one of the world’s top staking programs, please visit here.

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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Zhen
IOST
Editor for

Senior Community manager, editor, and translator at IOST.