What happened with Polkadot’s DOT? Stakin Finance, SKALE Fuji Testnet 2 and more.
Hey Readers👩💻,
The first few weeks in 2021 have come to a close, which means it’s time for our bi-weekly newsletter (the 19th already!). Today, we’ll be discussing:
- Stakin Finance — Join The Waitlist!
- Polkadot DOT’s Become The Fourth Largest Digital Asset
- Cosmos Stargate Proposal Is Live, Time To Vote!
- ICON Jeju Island Covid-19 Tracing App.
- Skale Fuji Testnet 2 Is Starting And Stakin Will Take Part
- Interchain NFT+ Metadata Standards on Cosmos
- Coinbase New Platform Announcement
🚀 Stakin Finance — Join The Waitlist!
We’re excited to tell you that it’s almost ready, final steps are being taken at the moment to finalise one of the most interesting projects we’ve been working on during 2020 and 2021: Stakin Finance. Scheduled to launch in early 2021, the platform will offer seamless access to multiple yield generating opportunities with our favourite Proof-of-Stake networks. We might even add our token into the mix. There’s a waitlist going on if you are interested in joining and being one of the early supporters.
- 💻 🎉 Join the waitlist here.
🙌 Polkadot DOT’s Become The Fourth Largest Digital Asset
In these first weeks of January 2021, the Polkadot Networks’ DOT surged 50%+ to achieve a $13 billion valuation. According to Coingecko, DOTs have surged from a 2021 low of around $8 to top at all-time high $14.80. The hefty price move has pushed its market cap to over 13 billion USD, making it the new fourth-largest cryptocurrency by market cap.
Stakin has been operating a Polkadot validator since genesis and has started expanding its operations in the overall Polkadot / Kusama ecosystem. Through partnerships with institutional clients, we are now offering high yield staking and validator as service opportunities. Contact us at hello@stakin.com for more information.
💫 Cosmos Stargate Proposal Is Live, Time To Vote!
The long-anticipated Cosmos Stargate Proposal is now live. Time to share your opinion and vote on the matter. Stargate aims to improve the Cosmos ecosystem by delivering the possibility to connect Cosmos-based chains with Inter-Blockchain Communication (IBC). It is created by Interchain. Both the Community, Validator and Wallet, Explorer & Exchange Testnets are currently live.
- ✅ Learn more about Cosmos Stargate in the video below or visit the documentation site.
🧑🚀 ICON Jeju Island Covid-19 Tracing App
ICONLOOP and the Jeju Special Self-governing Province announced on the 15th of January 2021 that its blockchain-based contact tracing system ‘Jeju Safety Code’ is now fully operational following the successful pilot program. The Jeju Safety Code provides a secure and private contact tracing system for Covid-19 for Jeju Island’s 15 million annual visitors. The system has been used for public institutions on the island as a pilot program since August 2020.
Based on the pilot program’s positive response, Jeju Safety Code was included as part of the ‘Safety Net Strengthening’ project in the ‘Jeju-type New Deal Comprehensive Plan’ in October. Already, 5,000 businesses on Jeju Island have completed applications to register for the system.
🌋 SKALE Fuji Testnet 2 Is Starting And Stakin Will Take Part
On the 11th of January 2021, the Skale Network announced Fuji Testnet 2, which aims to gather performance reports for SKALE chains, stabilise SKALE Chains, identify performance issues and test interchain messaging features real-life applications on validator nodes.
- ✅ If you’re interested in building on the Skale network, have a look at the tools to develop and interact in our latest article.
⛓ Interchain NFT + Metadata Standards on Cosmos
The InterNFT Working Group is creating a set of Interchain standards focussed on advancing state of the art for Non-fungible digital assets and the metadata associated with uniquely identified tokenized resources. The mission is to make NFT’s interoperable across blockchain networks and enable ownership, control and rights management of NFT metadata and linked resources, regardless of where they are located.
- ✅ To read all about Interchain’s NFT and metadata standards, visit the full article here.
💰 Coinbase New Platform Announcement
Coinbase, the cryptocurrency exchange, has recently announced their new platform: “Coinbase Asset Hub”. The platform is created to help issuers list their assets more efficiently, and without having to go through an extensive listing process (such as the one currently employed). Coinbase’s CTO describes the platform’s goal as: “A single interface at Coinbase for digital asset issuers to manage the full lifecycle of their assets”. Issuers can get started with Asset Hub by filling out a formal application.
DISCLAIMER: This is not financial advice. Staking, delegation, and cryptocurrencies involve a high degree of risk, and there is always the possibility of loss, including the failure of all staked digital assets. Additionally, delegators are at risk of slashing in case of security or liveness faults on some protocols. We advise you to do your due diligence before choosing a validator.
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