IOST announced the partnership with FoundGame — an innovative enterprise centering game development and operations. FoundGame will develop entertaining DApps based on IOST mainnet and has joined IOST ecosystem as a node partner, aiming to contribute to the mainnet with high-quality DApps. In this partnership, IOST will provide FoundGame with strong technical support and help FoundGame create a high-quality DApp ecosystem.
The partnership between DOS Network, a scalable layer-2 network that implements decentralized oracle services and aims to provide real-world data and computing power for mainstream blockchains, and IOST aims to connect the IOST Dapp ecosystem with off-chain real-world data in a secure, trustworthy and timely manner. In return, IOST will provide DOS Network with user acquisition, community expansion, and marketing resources. The two aim to jointly create a decentralized world with blockchain mass adoption becoming a new norm, by enhancing cooperation in the integration of blockchains and oracles.
In the partnership with Constant, the fastest-growing peer to peer lending platform in Southeast Asia, IOST is officially listed as collateral on Constant and IOST holders can begin leveraging their assets. Constant will provide technical support for IOST users on its platform and keep IOST Foundation informed of the monthly IOST activity reports. Together, both companies will mutually promote the use cases of IOST and Constant.
Stay tuned!
Development
Social encounters
The article explains why it is important for you to keep your token off Centralised Exchange (by AnkarlieSantos).
Indonesia, with a significant population of more than 267 million, is quite famous for its openness towards innovation and new opportunities. The country has seen exponential growth in the crypto market since 2014. According to Indodax (The Indonesia Digital Asset Exchange), the biggest and only licensed cryptocurrency exchange, as of September 2019, it gained 1.7 million registered users and more than 7 million dollars or Rp 100 billion worth of transaction each day. Comparing to its 100-year-old stock market, which has only around 1.3 million registered participants (according to Indonesia Central Securities Depository), the Indonesian crypto market has significant momentum and potential.
BAPPEBTI Visited IOST Beijing Office For Exchanges And Experience
BAPPEBTI (the Commodities and Futures Trading Regulatory Agency In Indonesia) was launched in 2005. It functions as the sole agency regulating different types of financial entities as well as its crypto market. The BAPPEBTI comes directly under the supervision of the Ministry of Finance and is run by an administrative board of members represented by industry experts nominated by the Indonesian Government.
On Dec 13th, four representatives from BAPPEBTI, including Cakra Buana (Head of Administration Division), Mochd Yusuf Affandi (Head of the Transaction Monitoring Division) and Poppy Juliyanti (Head of Sub. Data and Information Technology Development Division) flew from Jakarta to Beijing and visited IOST Beijing office as their first stop in China.
BAPPEBTI Invited IOST To Be Legally Traded In Indonesia And Perform As A Government Consultant
After a warm reception and an office tour, IOST CTO Terry and BAPPEBTI representatives had a two-hour meeting regarding the blockchain and crypto industry. Terry first gave a brief introduction about IOST, a scalable and decentralized blockchain project powered by its unique and original consensus mechanism — Proof of Believability, with a well-developed mainnet, advanced DApp ecosystem, as well as large user base and nodes community.
Cakra Buana, the Head of Administration Division extended her appreciation for the warm reception and told Terry that as BAPPEBTI is working to improve its regulation on crypto market and enhance protection for traders, they are visiting several leading blockchain projects all around the world for experience and reference, and IOST was chosen as their first stop.
Terry continued to explain IOST’s development path and its collaboration module as a service provider for governments around the world. When being asked that if there have been any suspicious transactions on IOST, Terry answered no but admitted that one or two third-party DApps may have had problems. However, whenever that occurs, IOST would always communicate with the team and try to prevent the same problem from happening again.
Insightful exchanges on regulation took a leading role in the meeting. BAPPEBTI officials shared that crypto-assets like Bitcoin can now be traded legally, authorized by regulation №5/2019. This regulation is designed to protect citizens who want to invest in crypto-assets and provide legal assurance. BAPPEBTI is now working to improve the process of evaluating and issuing licenses for exchanges and tokens that can legally operate in Indonesia. The process is likely to include a risk assessment, trading volume monitoring, and a requirement on paid-up capital minimum, etc. BAPPEBTI also invited IOST to apply to be listed on exchanges in Indonesia.
At the end of the meeting, BAPPEBTI representatives expressed their recognition for IOST technology and its business module, and also their hope in future collaboration with IOST, where IOST can provide consulting services for the Indonesian government when conducting explorations in asset tokenization.
Past events:
- IOST x Academy Xi | Accelerating IOST Blockchain Education & Community Outreach in Singapore
- IOST CTO Terry Wang Presents To State Leaders, Mayors and CEOs In China’s Great Hall Of The People
See also:
Finance
Roadmap
Partnerships and team members
IOST announced the partnership with FoundGame — an innovative enterprise centering game development and operations.
FoundGame will develop entertaining DApps based on IOST mainnet and has joined IOST ecosystem as a node partner, aiming to contribute to the mainnet with high-quality DApps.
IOST X FoundGame — Bringing New Energy To On-Chain Games
The game industry has an ever-increasing billion-dollar market. However, the traditional game industry is not flawless: problems in gaming mechanism, date transparency, economy model, ownership, and barriers in cross-platform transactions, are increasingly evident. Featuring decentralized, open and transparent, tamper-proof, cross-chain trading, token incentive mechanisms, blockchain technology provides a good solution for tackling the problems mentioned above.
With years of experience working in the game industry, FoundGame team members have exceptional game developing capacity and rich industrial resources. They also dive into blockchain technology and have incubated several independent game workshops to energize the development of game DApps. FoundGame keeps working on entertaining blockchain games and providing high-quality games for major public chains.
In this partnership, IOST will provide FoundGame with strong technical support and help FoundGame create a high-quality DApp ecosystem. Together, they will work together to promote the development of the game DApp industry.
The IOST Foundation announced a strategic partnership with DOS Network, a scalable layer-2 network that implements decentralized oracle services and aims to provide real-world data and computing power for mainstream blockchains.
DOS Network links blockchain smart contracts with real-world data and events while providing verifiable computing power for blockchains to realize more blockchain application scenarios.
DOS Network has the capacity to support a variety of mainstream blockchains, such as Ethereum, TRON, Ultrain, QuarkChain, U Network and etc. Through DOS Network, these public chains can obtain real-world information about stocks, weather, flights, and more.
DOS Network Website：https://dos.network
IOST, a scalable and decentralized blockchain project, is dedicated to creating a practical and useful mainnet, where developers, creators, and enterprises can fulfill their potential. Besides being highly developer-friendly, IOST continues to build and launch tools that create development efficiency for developers. IOST is expanding its Dapp platform by encouraging developers to create and build Dapps that are useful and relevant to the real world.
Since its successful mainnet launch, IOST achieved a total transaction counts of over 150 million with 53 DApps developed on the chain, covering a wide variety including decentralized exchanges and games. The IOST DApp ecosystem enjoys high user and transaction volume and contributes greatly to the development of the mainnet.
The DOS decentralized oracle will provide data services for all kinds of DApps on IOST:
- For game DApps: Decentralized games always require a high degree of randomness and DOS Network is able to ensure the generation of completely unpredicted data.
- Stablecoin and other derivatives: They require frequent access to real-time prices and DOS Network is able to effectively and efficiently obtain reliable real-world data.
This partnership between DOS Network and IOST aims to connect the IOST Dapp ecosystem with off-chain real-world data in a secure, trustworthy and timely manner. In return, IOST will provide DOS Network with user acquisition, community expansion, and marketing resources. The two aim to jointly create a decentralized world with blockchain mass adoption becoming a new norm, by enhancing cooperation in the integration of blockchains and oracles.
IOST Foundation announced the latest partnership with Constant Co- the fastest-growing peer to peer lending platform in Southeast Asia.
In this partnership, IOST is officially listed as collateral on Constant and IOST holders can begin leveraging their assets for competitive P2P loans of 66% loan-to-value ratio and 9% ARP in interest rate. To celebrate this launch, IOST users shall enjoy a special discount on the interest rate for a limited time.
Constant will provide technical support for IOST users on its platform and keep IOST Foundation informed of the monthly IOST activity reports. Together, both companies will mutually promote the use cases of IOST and Constant.
Rumors
No updates
Social media metrics
The charts above show the decline in the number of Twitter followers.
The graph above shows the dynamics of changes in the number of IOST Facebook likes, Reddit subscribers and Twitter followers. The information is taken from Coingecko.com.
