Arweave Ecosystem Weekly Report #32: The “April Fool’s Day” Edition
For many projects in the Arweave ecosystem, April 1 was like any other day, but Koii Network jumped on the traditional April Fool’s Day joke, tweeting that it was transforming into a dating site for aquatic creatures. The absurdity of the idea cracked many people up.
Publicly admitting that he was partly to blame for how the internet has been damaged because it’s centralized must have been uncomfortable for Jack Dorsey, the former CEO of Twitter. Dorsey still maintains a hard stance that Web 3.0 was not the solution.
It’s an eventful week as new projects joined the Arweave ecosystem. Plus, the almighty Bundlr is now responsible for 98% of transactions on Arweave.
Here’s a rundown of happenings in the Arweave ecosystem this week:
I. Arweave Network
The Open Web Foundry (OWF) 6 has come and gone, but the excitement over the program’s success and new projects that will be joining the ecosystem lingers in the Arweave community. Catch up on Arweave News’s chat with the finalists on their projects and experience in this report.
what an incredible Demo Day it was 🤩 thanks to everyone who joined! https://t.co/qMxok3MsGY
— Arweave Team (@ArweaveTeam) April 1, 2022
Jack Dorsey’s Uncomfortable Truth and Sam Williams’s Web 3.0 Vision
The former CEO of Twitter, Jack Dorsey, reminisced on the good that came out of Web 2.0 innovations but publicly admitted its downside when he said: “centralizing discovery and identity into corporations damaged the internet.” Although Dorsey took partial blame for the problem, he denied that Web 3.0 has the solution to it.
In his reply to Dorsey, Sam Williams reminded us that the consequence was inevitable and that one of the visions of Web 3.0 is to turn everything into protocols. According to him, this vision is worth fighting for.
Reminder that this isn't inevitable!
There is one vision of web3 which turns everything into a stonk, but another vision is that we turn everything into a protocol.
Protocolization means that web apps will immutably guarantee user rights over time.
It is worth fighting for! 🙂 https://t.co/DORjs78RnP
— Sam Williams 🐘 (@samecwilliams) April 3, 2022
Arweave transactions this week
Arweave’s daily transactions this week began at a low with 287,198, a fall of 22% from figures logged for the previous day. It rose to 636,143 before shooting to over one million transactions and dropping to 336,094 as of the time of writing.
II. Arweave Ecosystem
It’s a joke. No dating service for fish.
You are not alone if you had a good laugh after reading Koii’s joke on April Fool’s Day about transmuting to providing dating services to aquatic animals. Taking a break from the hard work of building and maintaining a protocol to have a good laugh may not be a bad idea. Folks at Koii Network have a good sense of humor. They might not disappoint in a comedy competition.
After a long uphill battle to stave off the impending monopolization of the internet, it is our sad duty to announce that Koii is going underwater. 🧵 1/8
— Koii 🎏 (@KoiiNetwork) April 1, 2022
Also, they celebrated the last improvements made to the network (the new Finnie Wallet, decentralized IDs, etc.) by releasing the first series of their Koiiwave NFTs.
We have cooked up some special Atomic NFTs to connect the Koii-munity with all the amazing things that are being built on Koii🌊
The first series of #Koiiwave NFT cards you can win will be the Decentralized ID (DID) cards.
— Koii 🎏 (@KoiiNetwork) April 6, 2022
Releap launches beta version for music NFT product
Before now, when you hear of NFTs, what comes to mind are pictures and gaming assets, but music has now been brought to NFT platform. Releap, the firm behind the innovation, unveiled Releap Launch to help musicians debut their work using Solana and Releap Studio, helping creators mint NFTs with audio and visual metadata. The metadata of NFTs is stored on Arweave.
(1/7) Releap launches this week as the first Music NFT platform built on #Solana and #Arweave. This beta version of our app comprises #ReleapLaunch, a launchpad for music NFTs; and #ReleapStudio, an open NFT minting service for musicians.
— Releap (🎵,🎵) – Solana Music NFT platform (@Releap_IO) April 4, 2022
Anticipate The Graph’s support for Arweave
The Graph, an indexing protocol and global API for organizing data on the blockchain, helping users to sort through massive data sets to find the information they need, has announced that it was planning to provide support for Arweave. The integration will help make Arweave’s stored data more readable, organised and more accessible.
I'm excited that we're launching @ArweaveTeam support soon with @graphprotocol. The announcement around development came a few months ago, but it looks like it's now getting close! 👀https://t.co/fYSXkdXDXt
— nader dabit (🧱, 🚀) | sha.eth | nader.sol (@dabit3) April 4, 2022
Bundlr handles 98% of data uploads to Arweave
Call it one of the most successful projects on Arweave and you won’t be wrong. In 11 months, Bundlr has grown to handle 98 percent of Arweave data uploads. Bundlr said it was able to contribute to the growth of Arweave by scaling its transaction per second, TPS, allowing more data to be uploaded to Arweave at any given time.
1/ We are now responsible for 90% — 98% of all data uploaded to @ArweaveTeam
How did we achieve this? 👇 pic.twitter.com/I4wzGj5rJt
— Bundlr Network (@BundlrNetwork) April 6, 2022
KYVE now has its own security and nodes
KYVE Network has said it launched a Cosmos SDK-based chain, which makes it a layer 1 that has its own security and nodes.
Why did we make this switch & what does this mean for the KYVE community? Let’s take a closer look ⬇️🧵 pic.twitter.com/dvkFXJek3T
— KYVE (@KYVENetwork) April 4, 2022
LikeCoin announces upgrade timeline
LikeCoin releases a timeline to an upgrade which could result in a mainnet upgrade of v2.0.0 by the end of April 2022.
📣 LikeCoin Chain upgrade timeline!
➡️ Irrecoverable incident on testnet-4. Testnet Cosmovisor upgrade drill will be postponed to W2 Apr.
➡️ If all is smooth, expect an upgrade proposal for v2.0.0 on mainnet at W3 Apr.
➡️ Mainnet upgrade of v2.0.0 to be ~W4 Apr pic.twitter.com/zAur3eVm9L
— LikeCoin – Decentralize Publishing (@likecoin) April 5, 2022
Nina protocol brings you Hubs
Introducing the new kids on the block, Hubs on Nina protocol wants to be everything to you. From a blog to a record store to an archive, Hubs wants to enrich music online and support the diversity of people’s relationships to music.
A Hub is a scene.
A Hub is a playlist.
A Hub is a home page.
A Hub is a platform.
A Hub is a record label.
A Hub is a blog.
A Hub is an archive.
A Hub is a clubhouse.
A Hub is a record store.
A Hub is a collective.
A Hub is context.https://t.co/qChEusTeYK
— nina (@ninaprotocol) April 4, 2022
RSS3 replacing PreNode with PreGod
RSS3 is launching PreGod which will become the core of the RSS3 network and the base for implementing RSS3 protocol v0.4.0.
PreGod is here! 🤩 PreGod will replace PreNode and become the core of the RSS3 Network, whilst also acting as the foundation for implementing RSS3 protocol v0.4.0 and the upcoming fully-decentralized architecture.https://t.co/ULAKHeqqPj pic.twitter.com/MvkcfwQLG7
— RSS3 (@rss3_) April 5, 2022
Oracle and smart contract workshop by RedStone
RedStone to facilitate a workshop on Oracle and the use cases of smart contracts. Participants of the two-part workshop which will hold on May 23 are expected to be able to build smart contracts using RedStone Oracle and build a simple profit sharing token contract on Arweave.
👩🎓 Education is the key to growth 👨🎓
— redstone.finance (@redstone_defi) April 7, 2022
Pianity users to get secondary market
Pianity opens a secondary market, and one of its features will help collectors decide whether they want fixed or auction prices when they resell NFTs.
⭐ We’re thrilled to announce that our Secondary Market is open!
🔁 Collectors can now sell their #NFTs and buy new ones from other collectors
🎙️ For musicians: it opens the way to a new source of income through the Artist Resale Right
💎 Discover it: https://t.co/3SHCvPfT4K
— Pianity 💎 (@pianitynft) April 5, 2022
Public vault coming to Akord
Akord, a permanent storage on Arweave is building building public vaults. When it is launched, users can mint NFTs by uploading to their public Akord vault.
Now we're working on implementing public vaults🌐
— Akord (@AkordTeam) April 7, 2022
Creaton launches native token
Creaton, a platform that helps content creators get subscription revenue in real-time, has begun selling its $CREATE token.
Beware of scammers, this is the only real link!
— Creaton (@creaton_io) April 4, 2022
Increased page view on DSocial
DSocial, a decentralised social media app, currently available on Apple’s iOS as it expects approval for its Android app, has announced a daily view of 1,506.
Views on https://t.co/Wrt2C4nLJB are going through the roof 🚀
I guess the mobile app made a huge difference. That's motivating.
Average daily views March: 1,506
4th April: 7,457 🤯
5th April: 9,217 🤯
— DSocial (@DSocialApp) April 6, 2022
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