Ontology Weekly Report (August 15 — August 21, 2023)

The Ontology Team
OntologyNetwork
Published in
3 min readAug 23, 2023

🌟 Highlights

Let’s catch up on why staking ONT is so important and how it’s shaping the future of blockchain. It’s an exciting time to be part of this journey!

🚀 Latest Developments

Development Progress

  • ONT liquid staking is almost there! Testing is 80% done ✅, and frontend development is 60% done ✅.
  • We’ve updated the Ontology signature service document 📝.

Product Development

  • ONTO V4.5.4 is LIVE 🎊! It includes integration with Base MainNet and support for WalletConnect V2.0.
  • We’ve had some fun QUIZ times in our ONTO Discord group thanks to partnering with Chiliz 🎮.
  • And we’ve also partnered with Scroll 🤝!

🔗 On-Chain Activity

  • 164 amazing dApps on MainNet as of August 21, 2023 🎈.
  • 7,678,078 total dApp transactions on MainNet, growing by 834 from last week 👏.
  • 18,953,532 total MainNet transactions, up by 7,589 from last week 🚀.

🌍 Community Growth

  • Our Weekly Community Calls are all about exciting topics like “Friend.tech and SocialFi: Building social identities and growing Web3” 🗣️.
  • Our Telegram weekly chats are led by Ontology Loyal Members and are all about community connection. Join and maybe win a Loyal Member NFT 🎁!
  • As always, catch us on Twitter and Telegram for the latest fun and friendly updates 📢.

📰 Global News

  • Introducing our QixiFestival promotion with UQUID, get huge discounts on digital items 🎉!
  • Now you can trade ONT on ChangeHero, the fast and easy crypto exchange 💱.
  • Learn something new with our OWN101 series — this week, we explore ‘Block Height’ and what it means in the blockchain world 🧠.

💌 Contact us

Stay connected with us, and let’s keep building the future together! 🚀🌐 Feel free to share your thoughts and join our exciting journey!

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