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Looking for the next exploding ecosystem with potential 50x plays?
I got you
#Kava just receive $750 million for their developer incentive program.
Here are 3 promising narrative plays you need to know about 🧵
I got you
#Kava just receive $750 million for their developer incentive program.
Here are 3 promising narrative plays you need to know about 🧵
What I'll be covering:
• What is kava
• Why they received $750m
• How it works
• Promising protocols on kava
• What is kava
• Why they received $750m
• How it works
• Promising protocols on kava
#Kava is a decentralized blockchain that combines the speed and interoperability of Cosmos with the developer power of Ethereum.
inflow into $KAVA ecosystem has been on a steady increase
inflow into $KAVA ecosystem has been on a steady increase
1/Dev Docs for Cross-Chain Transfer Protocol are officially here 🔥
#CCTP eliminates the need for conventional "lock-and-mint" bridges that fragment liquidity & allows devs to provide users a more capital efficient way to transfer $USDC
So how does it work? 👇
#CCTP eliminates the need for conventional "lock-and-mint" bridges that fragment liquidity & allows devs to provide users a more capital efficient way to transfer $USDC
So how does it work? 👇
2/ Burn $USDC on the source chain:
User initiates transfer of #USDC through an app from one chain to another, and specifies the recipient wallet address on the destination chain. The app facilitates a burn of USDC on the source chain.
User initiates transfer of #USDC through an app from one chain to another, and specifies the recipient wallet address on the destination chain. The app facilitates a burn of USDC on the source chain.
3/ Fetch attestation from Circle:
Circle observes and attests to the burn event on the source chain. The app requests a signed attestation from Circle, which provides authorization to mint the specified amount of #USDC on the destination chain.
Circle observes and attests to the burn event on the source chain. The app requests a signed attestation from Circle, which provides authorization to mint the specified amount of #USDC on the destination chain.
🤔 What is @MantaNetwork's OpenZL? A thread >>
"Manta has recently launched #OpenZL... These initiatives are very important. As we spend more time on this tech, we should [think] about tooling."
@rahulmaganti_ from @jump_ spoke about it on @ZKValidator
youtube.com/clip/Ugkx6YA_K…
"Manta has recently launched #OpenZL... These initiatives are very important. As we spend more time on this tech, we should [think] about tooling."
@rahulmaganti_ from @jump_ spoke about it on @ZKValidator
youtube.com/clip/Ugkx6YA_K…
OpenZL is an initiative that we started at @MantaNetwork to make it easier for devs who aren't cryptography experts to build zero-knowledge proofs into their applications. We're making it easier for everyone to use #ZKP.
Current solutions for building fall under two categories:
Current solutions for building fall under two categories:
1) Build using high-level languages like Circom
❌ The disadvantage here is that you can't take advantage of performance optimization, so your application has a potentially worse user experience.
❌ The disadvantage here is that you can't take advantage of performance optimization, so your application has a potentially worse user experience.
0/ @BreederDAO is the TSMC of metaverse assets - transforming raw in-game materials into more valuable assets that are used by guilds and other crypto game players. Its token $BREED democratizes access to these data & capital-intensive processes.
1/ Nearly 1 year ago, we @MechanismCap announced our investment in @YieldGuild (mechanism.capital/ygg/) with one of our earliest takes on play-to-earn gaming, the guild ecosystem, and the metaverse.
2/ Since the public launch of $YGG, the number of blockchain gaming guilds exploded to over 10,000 supporting over 300,000 scholars & +3 million players worldwide.
These players mostly played @AxieInfinity, & in 2H2021 as demand skyrocketed these guilds ran into a bottlneck...
These players mostly played @AxieInfinity, & in 2H2021 as demand skyrocketed these guilds ran into a bottlneck...
1/ONE Conference, Two Weeks, World’s Largest Web3 Community Gathering - #EthDenver was an out-of-the-world experience.
For the ONEs who missed out, give this @CoinDesk article a read 👇
coindesk.com/tech/2022/02/2…
For the ONEs who missed out, give this @CoinDesk article a read 👇
coindesk.com/tech/2022/02/2…
2/Being ONE of #EthDenver sponsors, @harmonyprotocol hosted a bunch of events including Web3 talks, new launches, merchandise giveaways, ONE Big Night and more.
We also co-hosted the official ETHDenver (@EthereumDenver) After Party.
We also co-hosted the official ETHDenver (@EthereumDenver) After Party.
3/”ETHDenver was like next-level networking and bonding” said Thy-Diep Ta (@yiptweets1), Co-founder of @theunitnetwork and a part of the @_HerDAO delegation, sponsored by @harmonyprotocol
Along with H.E.R DAO, we sponsored 150 women developers and creators to attend #EthDenver.
Along with H.E.R DAO, we sponsored 150 women developers and creators to attend #EthDenver.
1/ @BerBlockWeek was invigorating. As well as speaking at @daostack #DAOfest, and hosting The Governance Games, we enjoyed catching up with fellow #BUIDLers in the space over endless Bier and Fritz Cola.
Check out recap article here - blog.ethfinex.com/deversifi-at-b… - and videos below:
Check out recap article here - blog.ethfinex.com/deversifi-at-b… - and videos below:
@BerBlockWeek @daostack 2/ John Light (@lightcoin) from @AragonProject speaking at The Governance Games:
@BerBlockWeek @daostack 3/ The panel discussion hosted by @AnnaRRose of @zeroknowledgefm including @daostack @autarklabs @_prestwich & @lrettig
As of yet, no #cryptoasset is too big to fail-- not even #bitcoin.
Too big to fail applies in 2 areas
1) #Cryptoland, where the question is: will crypto be crippled if a core network suffers catastrophic failure (or slow fade 2 obsolescence)
2) Macro-land, where the question is: will global economies be severely affected if X #crypto goes down
1) #Cryptoland, where the question is: will crypto be crippled if a core network suffers catastrophic failure (or slow fade 2 obsolescence)
2) Macro-land, where the question is: will global economies be severely affected if X #crypto goes down
3/ In case #1, there's no doubt #cryptoland would go through a period of heavy puking if #Bitcoin or #Ethereum went down, and while a few #buidlers would defect, the majority would stay and adapt.
