Reporting about DOT! (April 28th to May 4th)
Did you manage to catch The Gray Paper interview?
Those who have watched it will get to see the real Gavin Wood up close, revealing his thinking behind the Jam Gray Paper, which serves as the blueprint for building the World Computer. Additionally, the top notch production and reporting by Key Pictures and The Kusamarian deserves praise.
Moving on, or rather, back to last week, we reported on the LAOS treasury’s second bounty. Now that they’ve won a slot despite facing issues, we anticipate changes. Perhaps it would be a good idea to read our special profile report on LAOS Network in this week’s edition, which might help when an update to the bounty is announced.
On a weekly basis the WagMedia newsletter aims to report the latest news and updates, and through our community writers you get to read captivating stories about our ecosystem. That said, when it comes to external sources, what sort of reporting do we get?
Thus, this week’s top story uncovers Messari’s Q1 report on Polkadot, and for good measure we will also include some significant core news from the week.
The full newsletter can be enjoyed via this link.
Dodow, Chief Editor
Top Story Of The Week - Dot’s in the report?
Written by yay.oi
Our State of Polkadot Q1 2024 report comes from none other than Messari. In case you haven’t heard of them, they’re aiming to become the Bloomberg of crypto. Essentially, they’re a crypto-analytic platform that publishes numerous publications with a very wide reach.
Messari’s publications have over 200,000 subscribers, making them one of the most read crypto publishers in the world. Their X account has over 350,000 followers, gaining more than 50 million impressions per month.
With figures like this it’s not surprising that over 100 Layer 1, DAO, and Defi projects have enlisted Messari to publish their quarterly financial reporting. They include big names such as Solana, Uniswap, and of course Polkadot.
Messari first approached Polkadot in December 2021 with a Gov1 proposal to deliver 4 quarterly reports and 1 ecosystem report at a cost of USD $125k. The Polkadot community approved two renewals of the arrangement with Messari, most recently with OpenGov Referendum #732 for USD $120k.………
Check out our full newsletter for the full story
The LAOS Report
The NFT economy is also marred by scalability problems, risks of mutability and centralization posed by the storage of NFT metadata on private company servers, and the issues of accessibility and the dangers that come with bridges.
Here is where LAOS Network, a Layer 1 parachain secured on Polkadot, which recently won the 68th parachain auction, comes into the picture. LAOS aims to be the consensus system which other chains can utilize to scale their digital asset economy.
Not only are NFTs generated on LAOS are decentralized, non-custodial, and secure, the protocol also enables the scaling of NFT minting externally on EVM and non-EVM chains. It achieves this with features such as low cost of minting assets, bridgeless minting, assets interoperability, and up to 1 million transactions per second.……
General News
Written by Dodow
US PayPal users can now purchase DOT and other cryptocurrencies through MoonPay.
Dr. Gavin Wood's presentation from TOKEN2049: “The Big JAM” is finally available on YouTube.
Coretime sales have started on Kusama and can now be bought both on Lastic and RegionX.
Moralis integrates Moonbeam and is now available through their API to build dApps or add Moonbeam support to existing implementations.
OriginTrail’s TRAC token can now be delegated for staking on its NeuroWebAI parachain via their user friendly staking dashboard.
Peaq will be launching its token sale with CoinList soon, and please be aware that participation is not available to US and CA residents.
NFT & DEFI News
Written by Dodow
In a shocking twist to their failed crowdloan, LAOS self-funded an auction and won slot #68 with a mere 100 DOT!
Bitcountry released a May Development Report, covering the progress they have made during April. Key updates included dApp improvement for multichain, wallet integrations, implementation of AIPixel Quests, and more.
Bifrost’s latest monthly report provides an update on their roadmap and a Grants Program to build the future of LSTfi.
Bifrost has achieved another important milestone with staked vDOT hitting 10 million.
Beamswap’s Q1 report celebrates 2 years of shipping. Notable highlights include: achieving strong trading volume, improved UX, and standout features include lottery and yield boosters.
Governance & Events News
Written by Dodow
With the passing of Referendum #656 for three months, Polkadot ads will be displayed on digital screens on top of New York yellow taxis. Additionally, Polkadot ads will be appearing in the Lyft app for the duration of the campaign.
Crust hosted HydraDX on April 29th to discuss the DEX landscape in the Polkadot ecosystem.
On May 2nd Crust Core Dev Brian Wu gave an overview about Web3 storage and IPFS using Crust Network.
Polkaworld's Kirsten hosted a spaces on 30th of April, with guests Filippo Franchini, Alice und Bob, and Acala's Bryan Chen, to discuss about JAM Chain.
Dr. Gavin Wood is set to make his first university presentation of the JAM Gray Paper at UBA in Argentina on next May 10th.
Scytale's Christoph Kampitsch will be hosting Smash Ball, Evrloot, and Forest Knight, the top three teams from the Mythical x Scytale Gaming Academy, for a panel discussion about the Polkadot gaming ecosystem on May 8th.
Extras
Awesome cover art created by Dodow.
For all you budding creators out there, don't hesitate any longer – join us now! There are plenty of rewards awaiting your creativity.