As we navigate through this week, key developments continue to unfold, promising new avenues and innovation. Leading the way this week — Essential Cardano360 May edition provides updates on Voltaire, community events, and collaborations with various projects building on Cardano, while the launch of Fund10 in Cardano’s Project Catalyst, a community participation and funding initiative, is set to start on June 21st.
Cosmos Hub introduces Replicated Security, showcasing its position in the landscape of Interchain Security, while the first consumer chain, Neutron token’s launch event has begun, offering three phases: airdrop to ATOM stakers, liquidity auction participants, and lockdrop contributors. Meanwhile, Cosmoverse and Hackmos events will take place in Istanbul in October 2023, providing opportunities for networking and hacking.
SubQuery expands its indexing support to Kava, making it easier for projects across the network to participate in the future of finance. Meanwhile, the 5th Interchain Summit Meetup will delve into the world of decentralized social networks with Desmos Network in Milan.
And finally, UnUnifi aims to be the pioneering infrastructure layer for NFT-Fi across all chains, improving the NFT-Fi experience and scaling for user adoption. Navigate through the quiet, yet captivating waters of the crypto world in this weekly roundup. Keep reading for a detailed exploration of each update.
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Cardano
Essential Cardano360 May 2023
Essential Cardano360 May edition presents the definitive guide to what’s going on in the Cardano ecosystem.
👉 Watch it HERE!
In this episode, there has the latest on Voltaire, exploring the advances made towards fostering a culture of self-governance and community empowerment. Community Engagement Lead Sheldon Hunt joined this Cardano360 to give an update on the CIP1694 community events happening over the next two months. We can also hear from Quantumplation from SundaeSwap about minimal viable governance and his experience with the latest governance workshops.
Plus members of the UTXO Alliance, Alephium, Ergo Foundation, Nervos Network, Topl Protocol, and Wolfram Research shared an update on their work advancing collaboration and interoperability for Cardano network.
A few of the many projects which building on Cardano are showcasing their contributions to the ecosystem, from cexplorer.io, network analytics dashboards to project-based learning with Gimbalabs and a demo from cross-chain DEX Blueshift.
Cardano Native Tokens
Cardano native tokens allow anyone to create and transact digital assets with ease, directly on the blockchain, leading to a growing ecosystem of unique projects. But how do Cardano’s native assets differ from ones on other blockchains, and how can you mint your own?
Read on to learn about:
- what Cardano native tokens are,
- their benefits and use cases,
- how they differ from other tokens,
- and how they’re made.
Let’s dive in HERE!
Cardano’s Project Catalyst Fund10
Cardano’s Project Catalyst is coming back online. The launch of Fund10 is set to start on June 21st.
Cardano Project Catalyst is an initiative within the Cardano blockchain ecosystem aimed at fostering community participation, collaboration, and decentralized decision-making. It is designed to empower Cardano token holders to propose and vote on projects to receive funding from the treasury. Project Catalyst operates on a regular cycle, allowing participants to submit proposals, evaluate and discuss them, and ultimately allocate funds to the most promising projects.
Here is an overview of the key components and steps involved in Cardano Project Catalyst:
- Fund Pools: Funds are allocated to various fund pools, which are typically divided into different categories or themes. These pools are funded by a portion of the Cardano network’s transaction fees.
- Proposal Submission: Anyone can submit a proposal for a project they believe will contribute to the growth and development of the Cardano ecosystem. Proposals can cover a wide range of areas, including but not limited to research, development, education, marketing, and community building.
- Proposal Evaluation: Once the proposal submission phase is complete, the community evaluates and provides feedback on the proposals. Participants can discuss the merits of each proposal, ask questions, and engage in constructive dialogue.
- Voting: During the voting phase, Cardano token holders have the opportunity to cast their votes on the proposals they find most deserving of funding. The voting process is decentralized and carried out using blockchain-based voting mechanisms to ensure transparency and security.
- Fund Allocation: Based on the voting results, funds are allocated to the proposals that receive the highest number of votes. The projects that secure funding can then begin their execution and receive the necessary resources to implement their ideas.
Project Catalyst has several key advantages. It promotes community engagement, allowing individuals to contribute directly to the development of the Cardano ecosystem. It also encourages innovation and creativity, as anyone can propose ideas and seek funding. Moreover, the decentralized decision-making process ensures transparency and helps prevent centralization of power.
By leveraging Project Catalyst, Cardano aims to create an ecosystem that is responsive to the needs and aspirations of its community, fostering a vibrant and inclusive platform for blockchain development.
Cosmos
Cosmos Hub — A Journey Into Shared Security
With the launch of Replicated Security, the Cosmos Hub is leading the way in developing shared security.
Let’s explore how Replicated Security stands alongside Opt-in Security and Mesh Security. Discover future scenarios and how the Hub maintains a leading position in the innovating landscape of the Interchain.
Read the article in 👉 HERE to explore:
- How do these different varieties of Interchain Security compare to one another
- How the Hub is positioned with respect to Mesh Security
- How the Hub needs to capitalize on this position
- And how the Hub can bring exciting concepts from Opt-in Security to Mesh Security
Neutron’s Launch Event
Neutron token launch event has begin on May 24th, 2023! The event will have three phases:
1️⃣ NTRN Drop to ATOM stakers 👉 Full Guide!
Eligible folks:
- Delegators with over 1 ATOM staked at block #12,900,000 on Nov 19th, 2022.
- Delegators that voted on Prop 72, regardless of their vote (Yes, No, Abstain, or NoWithVeto) and whether they voted directly or through their validator.
2️⃣ Liquidity Auction 👉 Full Guide!
- Obtain NTRN tokens, trading fees and future incentives
- Get voting power from day 1
- Participate in the lockdrop for additional rewards and boost liquidity on your airdrop
3️⃣ Lockdrop
To learn more 👉 Neutron’s Launch Event!
Cosmoverse | Istanbul 2023
This event will be filled with an unforgettable week in Istanbul of hacking, learning and connecting at Cosmoverse and Hackmos.
Date : October 2–4, 2023 (Cosmoverse) ; October 6–7, 2023 (Hackmos)
Location : Istanbul, Turkey
Information about registration, judges and more will be announced soon!
Sign up the newsletter 👉 HERE to receive ticket updates.
KAVA
SubQuery Expands Indexing Support to Kava
By working together, they’re making it easier for everyone to participate in the future of finance.
The Kava integration on SubQuery is live and ready to be used in production by projects across the network.
For more detail 👉 HERE!
Desmos Network
5th Interchain Summit Meetup
They’ll dive deep into the fascinating world of decentralized social networks with Desmos Network in this meetup.
Date : June 20th, 2023
Location : Milan, Italy
Register now and be part of the decentralized revolution 👉 HERE!
UnUnifi Protocol
What is UnUnifi?
With continued growth across L1 and L2 chains, the modular blockchain ecosystem, and the rise of interoperability-enabled blockchains, UnUniFi is positioned as the pioneering infrastructure layer for NFT-Fi across all chains. UnUniFi’s sector-specific blockchain exists at the intersection of NFTs and DeFi, designed to improve the current NFT-Fi experience and scale for future user adoption.
Read on this 👉 ARTICLE to learn about:
- UnUnifi sector specific Layer 1
- Products for NFT & DeFi users
- Value prop for Devs
- UnUnifi ethos for NFTFi & its future
Thank you for reading.
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About Us
🌐 KysenPool Validator
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We aim to decentralize the Proof-of-Stake blockchain ecosystem. We’re highly familiar with the Tendermint-based blockchains such as Cosmos, Kava, Quicksilver; Ethereum and EVM-chains like Harmony; and substrate-based chains such as Cardano. Our global team is continuously improving our automations and constantly monitoring our operations to ensure high availability and resilience.
Our infrastructure is a hybrid of data centers bolstered with Hardware Security Modules (HSMs), and distributed globally at multiple Cloud providers. Our mission is to help provide a sound infrastructure, tooling and services, so that developers can build with confidence. We hope you like our contributions into the ecosystems that we support. To find out more about networks that we support, checkout our website below.
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