Note: This article was originally published under the Callisto Network blog. We are now evolving into Fushuma, a community-driven blockchain leveraging advanced ZK-Rollup technology for low fees and high throughput.
In Fushuma, FUMA token holders drive on-chain governance by making decisions on network upgrades and project funding. As the ecosystem grows, they are rewarded with tokens airdropped from funded initiatives.
Learn more about our transition and the exciting developments ahead for Fushuma here.
Things move at Callisto Network, find out what it’s doing...
Here is the activity report of Callisto Network for week 39!
1- CHOAM Token
In September, Invictus Mining announced the launch of Choam, a project co-funded by the European Union. CHOAM is the first STO on Callisto Network, which is an important point, especially considering the 15 million dollars the team intends to raise, which is currently more than half of Callisto Network's capitalization. Another point to mention is that the funding will be made through Callisto coins.
Have you ever been interested in crypto-mining but were held back by the technical requirements or simply by the lack of space? This could be an opportunity! By owning CHOAM tokens, you own computing power.
Still, without dealing with maintenance or energy expenses, you will simply receive your income monthly in Callisto coins.
The investment offer starts from 100 USD so everyone can invest!
Links: https://choamtoken.com/
2- ERC 223 Token Standard
Security is not something new for the Callisto Network team, in fact, Dexaran and Yuriy Kharytoshyn, are recognized experts in the blockchain security industry.
Last month Dexaran announced an important update to its ERC 223 token standard. The ERC 20 standard has led to millions of dollars in losses, and it's no surprise that the security expert has taken a closer look at the issue. ERC 223 is a superset of ERC 20 and fixes many of the problems of the most widely used standard in the industry. Here we will only mention the key benefits :
- It prevents the accidental loss of tokens.
- ERC 223 transaction consumes two times less gas.
- Tokens can be deposited in a single transaction. Preventing further bloating of the blockchain.
The ERC 223 is set to become the norm on the Callisto Network blockchain, as all future developments will be based on this standard.
Link: https://callisto.network/erc223-token-standard/
3- Biggest Airdrop in Telegram History
In the last few weeks, the Callisto community has been growing steadily, and on September 18th, the Callisto Telegram group passed the 10,000 members mark. To celebrate this achievement, the team wanted to make a special Airdrop for the Telegram community.
On September 30th at 20:00 UTC, 50 000 Callisto coins were distributed to over 6000 members in the main Telegram group. This Airdrop is the largest distribution in the history of the community, which constitutes a milestone in itself.
Links: https://twitter.com/CallistoSupport/status/1439288296086048786
