Parachute Weekly Update: Parachute Virtual Race, $XIO buy + burn model, Fantom native wallets, Hydro Events Marketplace... – 3 Jan - 9 Jan'20

Parachute Weekly Update: Parachute Virtual Race, $XIO buy + burn model, Fantom native wallets, Hydro Events Marketplace... – 3 Jan - 9 Jan'20

By Abhijoy Sarkar | Parachute-Fans | 24 Feb 2020


Alright, let's do this folks! Starting today and over the next 6 days I'll be pushing out one weekly update report per day to catch up with the latest. Here’s part I of VII - your week at Parachute + partners (3 Jan - 9 Jan'20):

 

Mery got redemption (after losing the last Parena finale) by winning 2020’s first Parena. Woohoo! The PAR4PAR lottery entered stage ten with a 600k $PAR prize pool. Whoa! For this week's creative weekend prompt (#parlearning), Jason invited Parachuters to host AMAs about their skills for some cool $PAR. Neat! The gaps are closing in further in the latest #FPL standings with NovelCloud just 9 points behind LordHades who is at 1249 points and Alexis a close third with 1210 points. They are still in top 3 on the table. What an amazing place to discover about Parachute, Alejandro! Charlotte’s trivias this week had 25k $PAR in prizes for 10 questions in each quiz. Another super fun contest in TTR was the start of the #singercontest by Foo. 40k $PAR in prizes. Neat! CoD gamers, did you get a chance to check out the latest challenge in the Parachute Warzone? 22k $PAR and 500 $AMGO were given out. Saweet!

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Parachute posters popping up around the world (#PARaroundworld)

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More posters from #PARaroundworld. Awesome!

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Even more entries!

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Uber thoughtful #PARaroundtheworld entries Eric!

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Sebastian has to be the most prolific PAR sticker paster around! :D

 

 

Have a look at the revamped Parachute website if you have a moment. As Cap puts it: "It streamlines a message of who we are + the most banging chatbot, ParJar". For all the runners out there, Parachute RC will be hosting a Virtual Run for charity in July for Parachuters across the globe. Win "glory, a sweet shirt, and weird dinosaur medal". Haha. USD 40 to get in. All proceeds will go to helping people with disabilities get better mobility through Clinton's organisation: https://www.flicharity.org/. This week’s Two-for-Tuesday by Gian saw people posting epic rock n’ roll or metal videos for some sweet $PAR. For #wholesomewed this week, Jason got Parachuters to share happy memories from their youth. If you are an entrepreneur, don’t forget to read Cap’s latest recommendation – product metrics to focus on.

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From the ParJar investor deck shared by Cap and some comparative insights. Interesting

 

aXpire CEO Gary Markham talked about Digital Transformation for businesses and how Bilr helps you get there in his latest article. The latest Bilr website was released. The monthly 200k $AXPR burn happened this week as well. 2gether’s latest promo video lays out how easy it is to use the app. Few weeks back, we had shared that 2gether was selected to participate in European Blockchain Convention’s startup competition, RACE. More details on the competition was published in an article with a shoutout to 2gether. Best of Luck! The crew also explained about the current status of $2GT’s Malta VFA application in a blog post. Staking was deployed successfully on WandX platform’s backend this week. In #XIOSocial discussions this week, Citizens talked about staking reward models and rise of crypto startups. Also, thanks Zachary! And did you hear that $XIO will be implementing a buy + burn token model? Read more about it here. The Birdchain Holiday Referral Special that started few weeks back, came to an end. For the 2020 roadmap, click here. Bounty0x founder Angelo Adam wrote about what’s in store in 2020 for the platform in a blog post on Republic. Switch’s 2019 journey and the way ahead was summarised in a detailed article. Fantom’s native wallets were released this week. The official how-to guide explains how it works and how to stake using the wallet. The community website was updated as well along with the launch of a staking site. The global node community also published a guide to use the native wallet. Welcome to the crew Simone and Matt! 20% of all $FTM is now staked on the mainnet. Still unsure of what the XAR Network or Opera mainnet is about? Click here for a quick explainer video. CoinCodeCap’s analysis of Fantom’s codebase was published this week. OST’s Pepo app has already seen USD 140k+ worth of token transfers and will continue to see more. And amidst all this, the crew continues to look for more dev talent. If you know Go or Rust, get in touch.

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$XIO flow of value under the new buy + burn model

 

Jeff from Uptrennd interviewed Beam’s CEO Alexander Zaidelson on the intricacies of the privacy movement. The 2020 Uptrennd vision can be seen here. As per the community survey done last week to select a project for a free detailed review, 4 projects were chosen for a public poll, out of which Energi emerged as the winner. Congratulations! Also, big up for crossing 52k members on the platform. That is a 150x growth in a year. Amazing! The stats were covered in an article on Coinfomania. Thanks for the shoutout to ParJar. $1UP tips have indeed been flying off the shelves on Telegram thanks to ParJar. District0x’s Meme Factory was taken temporarily offline for maintenance. What’s Meme Factory you say? Don’t forget to read the feature article on Digital Collectibles Journal. To read the latest District Weekly and Dev Update, click here and here respectively. Hydrogen’s Hydro Labs announced a partnership with Republic to grow Hydro’s DeFi footprint. Their 2020 roadmap covers a number of developmental milestones including a no-code onboarding platform which should be a godsend for non-technical entrepreneurs. Read up on the must-do’s when designing a financial app from the helpful guide written by Hydro crew. If you missed their AMA with The Block Circle this week, you can catch up from the transcript. A new events marketplace dApp was previewed this week. The dApp will allow anyone to create events and buy/sell tickets for them. Silent Notary’s blockchain brand IDL (Integrated Distributed Ledgers) announced that the first IEO of $LAW tokens will happen on ExMarkets. Read more details about it here. More IEOs are planned in the future. Sentivate is looking for Linux/Ubuntu users who can test the platform for bugs and get paid for it. Click here to find out what’s in store for the next release. A primer on the Universal Domain System can be found in this tweet thread. The crew also shared that $VIAT (Sentivate’s mainnet crypto) management will be overlooked by a public board similar in structure to ICANN. DoYourTip’s $DYT token details are now updated on CoinGecko. Plus, a fun drawing competition to win some sweet $DYT got people reaching for their sketchbooks. Haha.

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Yup, that’s nearly 7M total locked-in points on Uptrennd as on Dec’19

 

The latest version of the SelfKey wallet was released and a partnership with Korporatio to expand on the offerings in the incorporations marketplace was announced. Read more about these here. In tech/biz literature this week, the crew published blog posts on public and private blockchains and incorporation in Seychelles. Constellation’s 2019 review article is fairly detailed and should be useful to anyone who hasn’t been keeping track. Blockfyre updated their latest Constellation research report to include progress from the last few weeks. Community engagement has also grown by several magnitudes. Kucoin announced that they will be supporting the $DAG mainnet swap. CyberFM launched a spotlight channel to showcase a theme each month through a public poll. The latest Wibson update covers news such as work on the rewards marketplace, buyer SaaS, $WIB utility etc. Harmony’s security audit by PeckShield concluded that the “Harmony Blockchain software is neatly organized and elegantly implemented and those identified issues are promptly confirmed and fixed”. Well done! CTO Rongjian Lan was interviewed by China’s Huoxing24 where he talked about what 2020 holds for blockchain in general and Harmony in particular. Read the latest all-hands report here. CEO Stephen Tse also shared more insights into the strategies of the company and the latest tech developments. Intellishare Co-founder Nicholas Wan announced the potential release of test node mining. Plus, another $INE giveaway was launched as the last one was paid out this week to winners. GET Protocol’s ticketing platform GUTS partnered with the Dutch Oerrock festival as a digital ticketing partner. Sale started on Jan 15th. And with that it’s 6 events already in GET protocol’s bag in the first week of 2020. December 2019 saw 45 events ticketed through them. Renowned art installation SKALAR will also be using GUTS for ticketing of its next event. Read more about it here. The 2020 $GET tokenomics vision can be seen here. Blockfyre’s latest $COTI review report was released. Congratulations on the high score! The team decided to extend their token lockup to June 2023 as a testament of their long term commitment to the project.

 

And with that, we close for another week in the Parachuteverse. See you again with another weekly update. Ciao till then!

 

P.S. The cover pic for this article is Jose's #PARaroundworld entry: Lmao Jose! “When moon” has a different meaning now. Haha

 

This article is a repost of our weekly update post.


Abhijoy Sarkar
Abhijoy Sarkar

Full time CEO, part time Parachuter


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