Fusion: Asset Gateway is live, Partnership with MARK.SPACE — an international 3D, VR and AR technologies, Collaboration with Ferrum Network — DAG interoperability protocol, Developer Challenge
Biweekly update 15th April -29th April
Fusion’s Asset Gateway is live! The Fusion Foundation has integrated its highly anticipated Asset Gateway with the PSN 2.0 on April 19th, 2019. This significant milestone for Fusion, will enable real-world values to be locked-in and locked-out to and from the Fusion platform, and enable them to access all of its innovative features. This is a huge step towards making Fusion’s platform an interconnected ecosystem of economies! Last week Fusion Foundation announced that Moscow-based 3D, Virtual Reality and Augmented technology developer, MARK.SPACE has reached a partnership agreement to begin creating digital assets and derivatives from user uploaded content. The coordination between MARK.SPACE and Fusion brings together innovative technology and the potential for digitized assets that will make 3D, VR and AR technologies accessible for anyone, from individuals to enterprise scale businesses. Fusion has also been selected by DAG interoperability protocol, Ferrum Network, to serve as a technological pillar for Ferrum’s cross-chain interoperability network. The coordination between Ferrum and Fusion will enable a faster, more reliable interoperability network by leveraging Fusion’s DCRM. These weeks the project attracted a lot of attention in the media landscape. Fusion’s Head of Product John Liu featured in Mousetrap NYC podcast and had a talk with Auto Digest about how the use of Blockchain can help to avoid a repeat of the subprime mortgage crisis in the auto industry. He had an interviews with The Crypto Lark and with Security Token Newspaper, in which he talked on how Fusion is working with world-class cryptographers to fortify their tech, how Fusion is different, and some of the new initiatives the team has in the pipeline. A must read! As for the upcoming events, DJ Qian will be presenting a talk at Digital Asset Summit on May 15th, 2019 in New York and Charles Poliacof, Strategic Advisor, will be moderating the “Do current trends in fintech point to digital asset adoption” panel. And last but not least, The Fusion Foundation is setting its clever Developer Community members a fun Developer challenge. An exciting prize is up for grabs to the winner! More to follow!
Last commits on public GitHub were made on April 26th, 2019 in myfusionwallet repository.
The Fusion Foundation has integrated its highly anticipated Asset Gateway with the Payable Staged Network (PSN) 2.0 on April 19th, 2019. A significant milestone for Fusion, the Asset Gateway will enable real world values to be locked-in and locked-out to and from the Fusion platform, and enable them to access all of its innovative features.
The Asset Gateway is an interim testing solution that will be replaced with Fusion’s complete interoperability protocol DCRM, after the launch of the main network.
Synchronised with the launch of the Asset Gateway, The Fusion Foundation distributed all staking rewards earned from PSN 1.0, equivalent to 205,000 ERC20 FSN tokens, valued at approximately USD$130,000 in the open market (at time of writing).
Fusion’s Asset Gateway has been flexibly built to enable any token or coin in the blockchain landscape to be easily made compatible with the Fusion platform. In this way, it is a complete parachain solution that connects any otherwise siloed blockchain to their interconnected system. ERC20 tokens, stable coins, BTC and other digital assets will be introduced to the PSN 2.0 ecosystem over the coming weeks as the team continues to test out features with the community. In turn, the Fusion platform will become a rich ecosystem of economies, where any locked-in assets can seamlessly interoperate, and access all of the platform’s native features.
By combining the Asset Gateway with Fusion’s revolutionary Quantum Swap feature, Fusion has built the perfect infrastructure for peer-to-peer cross-chain transactions. This can be experienced in the Fusion Quantum Swap Marketplace which is a testing ground for these transactions and a demo of what can easily build using Fusion’s APIs. The Quantum Swap marketplace demonstrates how any Locked-in asset can be seamlessly exchanged with any other trading pair on the network. The exchange is completely feeless, unrestricted and all the parameters of the swap are entirely controlled by the user. Add time-lock into the mix and they have provided the tools for a developer to easily build a derivatives marketplace.
Lock-in and Lock-out
Fusion will be providing support through its Knowledge Centre to help users that have issues using the Asset Gateway. A user can create a support ‘Ticket’ through Zendesk and a team member will respond promptly. Alternatively users can ask for assistance in the Official Fusion Telegram channel,
There will be variable wait times for the lock-in and lock-out processes to execute especially in the early stages of testing, users are advised to be patient.
Fusion’s Asset Gateway is live. A significant step towards making Fusion’s platform an interconnected ecosystem of economies.
Check out other Fusion Payable Staged Network (PSN) tutorials:
The Fusion Foundation is setting their clever Developer Community members a fun challenge! An exciting prize is up for grabs to the winner!
Use Fusion’s open source code libraries to build a simple house rental application with nice UI screens. The purpose of this challenge is to showcase how Fusion enables easy digitized asset rentals on the blockchain.
Note: There is no need to use any real assets!
Use Fusion’s open source code libraries to build a new Fusion wallet (including swap features) with some awesome looking screens!
A ticket to Digital Asset Summit (DAS) valued at $949.00, and a dinner with the Fusion team in NYC!
There is one prize per challenge!
Please submit your work to — email@example.com
Contact a Fusion team member on Telegram (@YonaTak, @BitJoe) for further assistance, and join the Fusion Developer Community channel to brainstorm ideas.
- How Blockchain Can Help to Avoid a Repeat of the Subprime Mortgage Crisis in the Auto Industry by Fusion Foundation Chief Product Officer John Liu.
John Liu talks with Auto Digest about how the use of Blockchain can help to avoid a repeat of the subprime mortgage crisis in the auto industry.
Interview with John Liu in Security Token Newspaper. He talks about how Fusion is working with world-class cryptographers to fortify their tech, how Fusion is different, and some of the new initiatives they have in the pipeline.
Fusion’s Chief Product Officer John Liu, talking all things Fusion in Mousetrap NYC podcast.
John Liu Sits Down With The Crypto Lark — video interview.
- May 13th — 15th, 2019: Consensus 2019 — CoinDesk. Fusion is a Proud Sponsor of Consensus 2019.
- May 15th, 2019, New York: DAS, Digital Asset Summit. Fusion founder and CEO, DJ Qian will be presenting a talk on Digital Assets and the Internet of Value, and attending with the team as the Title Sponsor.
Charles Poliacof, Strategic Advisor, will be moderating the “Do current trends in fintech point to digital asset adoption” panel.
There is a stable increase in the number of token-holders these weeks.
The Fusion Foundation is rewarding community members for their contribution to improving the Fusion network and applications.
As an open-source project, the community plays an active role in the development and security of the project and Fusion is keen to provide an incentive in FSN tokens to activate community participation.
Fusion is also rewarding community members that assist in generating helpful and engaging content that supports the community to learn about and use Fusion applications. Approved content will be added to the Fusion Knowledge Center and shared across Fusion’s Social Channels.
Fusion has set up a submission form ‘ISSUE_TEMPLATE.md’ that has instructions on how to submit a bug. This form can be found in all of Fusion’s Github repositories. Bug hunters are encouraged to join the Fusion Developers Community Telegram channel to understand current issues that are being worked through and to discuss their contributions.
Please email firstname.lastname@example.org with an outline of your content creation proposal, include the content format, content topic, brief description and any other information you think is relevant.
After submitting a content proposal, please wait for approval from the Fusion team, they will respond directly to the same email address.
If approved, they encourage you to produce the content piece and submit it to the same email address (email@example.com). Upon review and approval, you can share it on your preferred channel.
For more information on on the bounty visit the Bounty page on Fusion’s website.
- Check out your P-FSN balance in the attached Excel spreadsheet. Search (Command+F) for your public address, the corresponding number represents the quantity of P-FSN tokens that will be available to you in your Fusion PSN wallet.
From Fusion Whitepaper:
From Official Telegram group:
Rudy (@RkadSG, admin):
“No roadmap available yet, we are progressing with stagenet approximately December 10th 2018, then will launch mainnet according to the testing progress”.
Partnerships and team members
New York and Moscow, April 25, 2019 — Fusion Foundation announced that Moscow-based 3D, Virtual Reality (VR) and Augmented Reality (AR) technology developer, MARK.SPACE has reached a partnership agreement to begin creating digital assets and derivatives from user uploaded content.
MARK.SPACE is an international 3D, Virtual Reality (VR) and Augmented Reality (AR) technologies and products developer. The company was founded in 2014 and specializes in creating an alternative reality, accessible via any browser or device without prior installation or registration. The MARK.SPACE platform is compatible with any VR-headset and creates a new world full of shops, offices, banks, cinemas, clubs, communities of interest, and personal spaces.
The coordination between MARK.SPACE and Fusion brings together innovative technology and the potential for digitized assets that will make 3D, VR and AR technologies accessible for anyone, from individuals to enterprise scale businesses.
“Fusion’s understanding of complex digital product interactions, expertise in engineering and collaborative approach are uniquely complimentary to the way our MARK.SPACE team works and allows us to fast-track our vision of a tokenized economy for our users,” said Yana Kontorovich, CEO of MARK.SPACE. “We are excited to announce the strategic partnership with Fusion, an infrastructure protocol designed to connect both traditional and cryptofinance systems that support digitized assets.”
“MARK.SPACE is a fantastic example of a company bringing non-traditional investment opportunities to the public through tokenization of real-world assets,” said Dejun Qian, CEO and Founder of Fusion. “The linking of a virtual-reality showroom of real-world assets with the ability to purchase or invest digitally shows that a fully digital world is closer than we all think.”
MARK.SPACE is an international 3D, Virtual Reality (VR) and Augmented Reality (AR) technologies and products developer. The company was founded in 2014 and specializes in creating an alternative reality, accessible in any browser and device without prior installation or registration. The MARK.SPACE platform is compatible with any VR-headset. This is a world in which there are shops, offices, banks, cinemas, clubs, communities of interest, and personal spaces. For more information click here.
New York, April 26th, 2019 — Fusion Foundation announced that it has been selected by Directed Acyclic Graph-based (DAG) interoperability protocol, Ferrum Network, to serve as a technological pillar for Ferrum’s cross-chain interoperability network.
Ferrum is a decentralized interoperability network that enables the management, transaction and exchange of any digital asset without taking custody of users’ assets. Built on a DAG network, Ferrum is faster, less costly and more scalable than traditional blockchains. Ferrum’s high-speed interoperability network supports financial applications such as a fiat gateway and an advanced non-custodial cryptocurrency wallet designed to empower millions of people around the world.
The coordination between Ferrum and Fusion will enable a faster, more reliable interoperability network by leveraging Fusion’s Distributed Control Rights Management System (DCRM). DCRM is a patented technology module that enables users to lock-in and lock-out multiple assets across blockchains without surrendering private keys. In addition, through Fusion’s universal short account number (USAN), multi-token digital asset management is a simple and secure process.
“Fusion and Ferrum share a similar vision — to use blockchain technology to connect financial systems for the benefit of end users. We are excited to be working with Fusion to play our role in that bigger picture,” said Naiem Yeganeh, PhD, Co-Founder and CEO of Ferrum Network.
“Advancing the Internet of Value takes coordination and determination from a variety of partners,” said Dejun Qian, Founder and CEO of Fusion. “By partnering with an innovative and forward-looking organization like Ferrum, we believe that we can realize that vision of a decentralized, interoperable world even faster.”
About Ferrum Network
Ferrum Network is a blockchain-based FinTech company bringing world-class financial products to emerging markets. Their high-speed interoperability network supports financial applications such as fiat gateway and non-custodial wallet designed to empower millions of people around the world by giving them control of their own assets. For more information, click here.
- @YonaTak (admin):
“Main net will go live after PSN, we are in the process of testing and improving the PSN network. I can’t attach a date to main net. We have a plan internally on when we think main net launch will happen but at this stage we are not ready to make any announcements or commitments”.
Social media metrics
Fusion community continues to grow slowly. Social media dynamics shows that it remains virtually unchanged. There is a slight fluctuation in the number of subscribers of Fusion social media channels these weeks.
Twitter — Official announcements channel. Average number of retweets is 30–60 for one post.
Fusion Community Twitter: since October 19th, 2018. Not active since November 26th, 2018.
Fusion Announcements Telegram channel — Official announcements. About 2,5K followers: 2 484 (April 9th, 2019).
FUSION Developers Announcements Telegram channel: since December 31st, 2018. 171 followers (January 15th, 2019 ), 174 (February 12th, 2019), 173 (March 12th, 2019), 174 (March 26th, 2019).
Facebook (till May 2018) — Announcements, 10–15 likes, 1–2 shares.
Bitcointalk.org: since January 20th, 2018. Last post — on April 27th, 2019. Discussion on PSN, latest news, price, etc.
Fusion forum. Popular topics:
- [Guide] Setting up the TestNet on Linux (Ubuntu 16.04)
- Supreme Node, a little digging and some math
- Hi everyone and welcome!
- Price Prediction EOY
- Guardian of the Fusion temple
The graph above shows the dynamics of changes in the number of Fusion Facebook likes, Reddit subscribers and Twitter followers. The information is taken from Coingecko.com.