Parachute Weekly Update: Parachute patent, Harmony + Debrief, COTI Staking 2.0, Crypto Leagues... – 27 Mar - 2 Apr'20

Parachute Weekly Update: Parachute patent, Harmony + Debrief, COTI Staking 2.0, Crypto Leagues... – 27 Mar - 2 Apr'20

By Abhijoy Sarkar | Parachute-Fans | 8 Apr 2020


Hi everyone! We have caught up with the latest week again. Woohoo! Here’s your week at Parachute + partners (27 Mar - 2 Apr'20):

 

The Parachute crew filed a patent this week focused on chat-based payments using blockchain. Gamerboy’s latest TTR trivia was based on scientific names. Congratulations to Foo for winning this week’s Parena. One of the rare moments when a host wins Parena. Woot! We also had a flash Parena which saw Nuno’s Macaque beat Foo’s Tapir in a closely fought finale to take home 10k $PAR. And another Parena to mark the start of April. Whew! Victor hosted a fun trivia in TTR this week. The tiproom crew also hosted a photo contest to break away from the quarantine blues with a 30k $PAR prize pot. A surprise CoD game hosted by Tavo saw 5k+ $PAR being given away in prizes. He also held a qualifier battle royale round this week in preparation of a new season. Mark (@Kryptopia) launched the beta version of his Crypto Leagues trading game this week with the inaugural league having some cool $PAR prizes. It’s a crypto trading simulation game where you can compete with friends and family. Jason started his #wholesomewed early and made it a week-long event – "..do something helpful or nice for a stranger. It can be as small as finding some toilet paper for someone..". For Two-for-Tuesday, folks posted music from "bands or artists whose name starts with A, B, C or D". Thanks again Sebastian for making the playlist! A Tuesday special random TTR trivia had 500 $PAR in rewards per question. DoYourTip and Tiproom gear are now available in the Parachute shop. Cool!

Post image

The first ever Crypto League had $PAR prizes for the top traders. Cool!

 

Ethos’ parent company Voyager completed its acquisition of Circle Invest with converting all 40k accounts to Voyager. Sentivate released their public and private project decks. The latest browser update includes support for torrents. For other dev updates, click herehereherehere (thread) and here. Not yet on the Mycro Hunter App? Click here to see how to sign up. OST launched Meetly this week – a directory of #StayAtHome events across the world. SelfKey fans, hope you didn’t forget to share your ideas on getting the Wallet App into more hands. ExMarkets joined SelfKey’s crypto exchange marketplace. The team also shared a few wealth management tips in their latest blog post. How does $KEY act as a reputational element in a distributed system? Read here. Yazom announced that the app was ready for release and awaiting approval from Play Store. Wibson launched MyCovidRisk to detect possible COVID-19 infections using location history. DoYourTip and Intellishare did a crossover social media giveaway starting this week with cool $DYT and $INE prizes for some fun activities. Jobchain website had an upgrade. Click here to read GET Protocol’s latest monthly update report. COTI introduced their latest staking model this week. The new mechanism will allow more volume and participants. Early registration for Staking 2.0 was started as well. Staking rewards for March were distributed. Following last week’s airdrop, DoYourTip community decided to airdrop even more $DYT to wallets that never held any. For this they will be conducting a series of votes to select the project whose HODLers will receive the airdrops. The first two of these polls (123) happened this week. Plus, another bonus bounty for $DYT fans. The giveaways never end! $DYT’s price metrics were added to Coinpaprika and Etherscan. A new league in the Crypto Leagues gaming platform was also launched with $DYT prizes.

Post image

An early sneak peek of SelfKey’s next desktop version update

 

BlockDaemon joined Harmony as a staking partner this week. Remember the partnership with privacy protocol solution Suterusu announced last week? This week, the team also hosted an AMA with their CTO, Dr. Lin Huang. MoonStake became the latest staking platform to add Harmony and their partner BinaryStar announced support for community and marketing activities for Harmony in Japan. For the latest #pow thread, video summary and community update for the week gone by, click herehere and here respectively. A demo video of the NFT Store dApp was also released. Wetez became the latest staking partner of Harmony. Click here to read their AMA transcript. Hope you got a chance to share your feedback on the updated proposal for staking economics submitted by Co-founder Nick White which was formalised into a new tokenomics model. This release was followed by an AMA announcement for next week to discuss this in detail. For the TLDR, click here. Blockchain-based communication platform Debrief joined hands with the project to build dAPI middleware on the Harmony platform. The network experienced a temporary outage this week which was restored quickly. The team did a close inspection of a consensus issue and resolved those as well. A new contest was announced where validators now stand a chance to win 3 months of free computing power on AVS or Vultr. All internally mined $ONE tokens will be burned leading to nil inflation of token supply. Here’s a video summary that explains the burn. BitMax announced staking support for Harmony. Plus, validators can now track their nodes through Telegram. That is awesome! A .crypto domain giveaway was a great way to end the week on a high.

Post image

The new $ONE economic model

 

For the weekly aXpire update, click here. COO Matthew Markham wrote about why expense allocation is an important consideration for fund managers and about the applications of machine learning in law firms. Next week, CEO Gary Markham will be speaking at a webinar by Hedge Fund Association on cost containment strategies which aXpire is also sponsoring. Have you read the 2gether manifesto yet? Click here if you haven’t. Want to make a poster out of it? Here ya go! The results of the private beta testing of the XIO portal were compiled with a follow-up AMA to happen soon. To catch up on the latest news at Fantom, have a read of their project update. They also announced that Chainlink will be the official oracle solution across the FTM network. Validators were informed to upgrade their nodes in preparation for an upcoming network update. Hope you had a moment to take part in the first ever Uptrennd Talent Show. As promised last week, the Digibyte review report came out this week. Click here to have a read. Read the Uptrennd manifesto, yet? Don’t miss the project’s ethos video either. Entries for the latest Article-of-the-Month contest opened up this week. Plus a meme contest for our memelords. Get on it! The District0x Weekly and Dev Updates covered a lot of ground this week. Matic Network’s Sandeep Nailwal sat down for an interview with Brady in this week’s Dapp Digest. Plus, Meme Factory is starting a verified artists system through an invite-only ambassadors program. Hydrogen integrated real estate data provider Zillow to its platform this week. The project also announced a partnership with FinConecta to help legacy financial firms move to a Banking-as-a-Service model. The team’s tips on BCP (business continuity plan) is a helpful guide for all fintechs.

 

And with that, it’s a wrap. See you again with another update. Ciao!

 

P.S. The cover pic for this article features a screenshot from the resale market on GET Protocol’s GUTS Tickets platform

 

This article is a repost of our weekly update post.


Abhijoy Sarkar
Abhijoy Sarkar

Full time CEO, part time Parachuter


Parachute-Fans
Parachute-Fans

Parachute (PAR) intro, guides, educational content and other content from fans of the parachute token and platform.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.