Ontology Weekly Report (June 11th — June 17th, 2024)
Published in
4 min readJun 19, 2024
This week at Ontology has been bustling with exciting developments, partnerships, and community engagements. Here’s a detailed update on our progress and activities:
Latest Developments
- Ontology Australia Node: We’re excited to announce that Ontology Australia node now has its own channel! Follow for updates and learn more about node staking on Ontology.
- AMA with Bitget — Ontology French: The French community enjoyed an engaging AMA session with Bitget, discussing future collaborations and community questions.
- Web3 Happenings: Did you join our Web3 happenings this week? Stay tuned for more insightful sessions!
- New Article on Blockchain and Digital Identity: A fresh article discussing blockchain’s role in digital identity has been published. Check it out to understand how blockchain technology is shaping secure digital ecosystems.
- Community Updates Coming Up: Tune in to our upcoming community update for details on exciting events on the horizon.
- Partnership with DxSale: We have partnered with DeSale to revolutionize the Web3 landscape, aiming to enhance platform integrations and user experiences.
- Future DID Quests: Expect more DID-related quests as we continue to expand our focus on decentralized identity solutions.
Development Progress
- Ontology EVM Trace Trading Function: Now at 93%, we’re nearing completion, enhancing our trading capabilities within the EVM space.
- ONT to ONTD Conversion Contract: Progress has reached 60%, making the conversion process more streamlined and user-friendly.
- ONT Leverage Staking Design: Currently at 43%, this development promises innovative staking options for the community.
Product Development
- ONTO x NFTFeed Giveaway: ONTO is having a giveaway with NFTFeed! Don’t miss your chance to win exclusive NFTs.
- ONTO x XSTAR Giveaway Winners: Congratulations to the winners of the ONTO x XSTAR giveaway! Rewards have been distributed.
On-Chain Activity
- DApp Ecosystem Stability: The total number of dApps on our MainNet holds steady at 177.
- Transaction Growth: This week saw an increase of 570 dApp-related transactions, totaling 7,769,159, and a total transaction increase on MainNet by 2,111, reaching 19,462,273.
Community Growth
- Vibrant Community Discussions: Our platforms on Twitter and Telegram are buzzing with the latest developments and interactions. Join us to stay connected and involved.
- Telegram Discussion on Interoperable DID Solutions: This week, led by Ontology Loyal Members, we explored “Interoperable DID Solutions: Web2, Web3, and Beyond,” discussing the implications for KYC, login systems, and peer-to-peer interactions.
Stay Connected 📱
Engage with us across our social media platforms to keep up with the latest from Ontology. Your involvement and feedback drive our progress and innovation.
Ontology website / ONTO website / OWallet (GitHub)
Twitter / Reddit / Facebook / LinkedIn / YouTube / NaverBlog / Forklog
Thank you for your ongoing support and participation. Let’s continue to push the boundaries of blockchain technology and decentralized identity together!