Arweave Ecosystem Weekly Report #36: The ‘Eve of BUIDL-ing’ Edition
OWF is preparing for the launch of its 7th edition while more resources for entry-level developers are made available. The combination of financial and educational resources that are delivered as we speak represents a powerful mix that will fuel the further expansion of Arweave.
Add to this the general state the successful seeding round for Bundlr Network, the launch of a new reward program by ArDrive, or the integration of RedStone oracles with Stack, and guess what – you won’t even have half the full picture of what happened this week in the ecosystem.
Would you like to know more?
I. Arweave Network
OWF #7 will start on the 16th of May
Open Web Foundry, the core funding initiative of Arweave will commence its seventh edition in no time. It seems like only yesterday we were writing about the projects that participated in the sixth edition.
That’s one of the particularities of OWF: in this ecosystem, you’ll almost always find the funding rounds open for new projects. Whenever a round ends, a new one is about to begin. OWF covers the expenses, all you need to do is start building Web3.
We are happy to announce that the 7th installment of the OWF will be Kicking-Off on May 16th @6pm CEST/ 12pm EST🚀
We welcome anyone who would like to participate in building the new web! 🧑💻
— Open Web Foundry 🐘 (@OpenWebFoundry) May 6, 2022
A renaissance is happening right now in the world of programming. Freshmen without any coding experience are entering the arena, mostly with the intent of building the Web3. Efforts have been made for some time now to connect the ecosystem to this revolution.
Using Arweave storage is nice, but what about starting a creating of your own Arweave native dApp? Nader Dabit, one of the most prominent advocates when it comes to Web3, joined the effort to make building on Arweave more accessible. On 5th may he published a developer guide on how to use Arweave via Bundlr in your projects.
I just released a new video – Permanent File Storage for Web3 Applications with Arweave, Bundlr, & Next.js! 🪐✨
— nader dabit (🧱, 🚀) | sha.eth (@dabit3) May 5, 2022
This guide came after he announced earlier this week that a free workshop that will be held in Mexico City on the 12th of May. The main topic of the workshop will be building Web3 with Graph Protocol and Arweave.
— nader dabit (🧱, 🚀) | sha.eth (@dabit3) May 2, 2022
With each day that passes Arweave tends to shift from the land of promises to the realm of reality. Its infrastructure is built at an alert pace. Join the movement and start BUIDL-ing.
II. Arweave Ecosystem
Bundlr successfully concludes its seed round
Bundlr, the powerhouse that scales Arweave and makes it accessible throughout multiple layer 1 solutions, finalized its seeding round. The team managed to raise $5.2 million.
These news makes us realize what the “we are still early” statement truly means. We forgot that Bundlr, the instrument that is responsible for over 90% of Arweave transactions, is only one year old and they managed to achieve all these results before ending their seed round. “Exciting” wpuld be an understatement when describing what’s yet to come.
— Bundlr Network (@BundlrNetwork) May 4, 2022
The 6th NFT auction on everPay
Time genuinely flies. The 6th everPay NFT auction is happening right now. The mechanics are pretty much the same, what’s different is the artist.
There is a certain vibe that is stressed with each passing auction: everFinance, the team behind everPay, becomes more and more a curator for new Web3 artists. If you are an emerging talent it will definitely be worth the shot of contacting them.
By the way, starting this month there will be not one, but two auctions each month, so more spots for your art to be showcased.
🐘Here we are again! Another auction is inbound with Alex from Alien Art (Instagram: https://t.co/G7iE5DOzEn)
— everFinance 🐘 (@FinanceEver) May 4, 2022
Spheron Protocol is one of the sponsors for HackMoney2022
Didn’t we tell you that the Arwveave ecosystem is all about BUIDL-ing nowadays? Spheron Protocol, the former ArGo, sponsors one of the biggest DeFi hackathons that are taking place this year.
Given their line of business, respectively helping to easily transform a website into a permanent application that lives on Arweave, we expect to see some Permaweb dApps being submitted. Will yours be among them?
— Spheron Protocol (@SpheronHQ) May 3, 2022
KYVE Network launched KORELLIA, its incentivized testnet
KYVE is a project that enables data providers to standardize, validate, and permanently store data streams. Obviously, the permanent storage is provided by Arweave, while the standardization and validation will be the responsibility of KYVE’s own network.
Another step was made by KYVE Network in their quest to fulfill this goal. KORELLIA is now up and running for everyone who wants to test it in exchange for some juicy rewards.
In the simplest of terms, KYVE’s incentivized testnet will enable our team to test and verify how different aspects of the KYVE Network are functioning and how they can be improved for our community members. We will use all the data we gather from our incentivized testnet to improve the KYVE Network, ensuring we are providing the KYVE community with the best possible decentralized data lake experience.
1/ The day has come, KYVE-ers! We’re so thrilled to launch @KYVENetwork's incentivized testnet, Mission Korellia! 💥🥳
Strap on that seatbelt, bid adieu to outdated centralized data infrastructure, & step up to the plate because it’s time for Korellia lift-off!
Let’s dive in ⤵️ pic.twitter.com/bfuN2moFWG
— KYVE (@KYVENetwork) May 2, 2022
Metaforo, leveraging everFinance tech, released a Discord tipping bot
Metaforo, a platform that is offering out-of-the-box solutions for DAOs management, launched a tipping bot. While the implementation could seem minor, it has the potential to greatly empower the cohesion of emerging communities.
We’ve seen it at work in everFinance’s Discord server and it’s pretty straightforward:
Introducing Metaforo Tipping Bot! Reward your Discord members with the token of your choice with no gas fee!
This is made possible by @realMetaforo working together with @FinanceEver. @ArweaveTeam @The_OpenDAO @web3university @mintkudosXYZ
Join us https://t.co/XxKak160oT
— realmetaforo (@realmetaforo) April 29, 2022
ArDrive launched its new Mining Reward Program – Inferno
Probably for many of you, ArDrive is synonym to permanently storing your life snippets captured in digital format – from family pictures to goofy clips featuring your dog or the first steps of your toddler.
Now, besides your urge to safely store those moments, ArDrive incentivizes you with a program that will be running for the next 20 weeks. Upload more than 1 GB of data in a week and you may be eligible for a reward in ArDrive tokens.
Stop, drop… and UPLOAD! 🐘 🤯
BIG NEWS! We've just launched INFERNO, our third Usage Mining Rewards program.
In this week's ArDrive News, @mclars explains how YOU can be rewarded for storing your data permanently with ArDrive. 👀
— ArDrive 🐘 (@ardriveapp) May 2, 2022
In order to reduce the grinding of manually uploading a couple of hundred pictures to reach that sweet spot of 1 GB, the announcement of INFERNO program was paired with adding a new functionality: now you can directly upload whole folders.
One of the most requested features from users has made its way into the ArDrive web app – folder uploads! 👉📁🐘
Use the NEW button to upload entire folders (and their subfolders) from your local machine to ArDrive.
Drive & folder sizes have also been added to the Info panel 👀 pic.twitter.com/IS1Zxqs4Ho
— ArDrive 🐘 (@ardriveapp) May 4, 2022
RedStone oracles are now available on Stacks
Stacks, the initiative that lets projects build dApps using Bitcoin’s security, announced the integration of RedStone oracles. This is the second project from the Arweave ecosystem that integrates with Stacks, after KYVE’s announcement earlier this year. Who knows, maybe the affinity between Bitcoin and Arweave is greater than you expect.
🚨 Stacks 🤝 @redstone_defi 🚨
Oracles are essential to connecting blockchains to the real world ✊
That's why developers building on #Bitcoin via Stacks can now integrate secure data feeds since RedStone has added support for Stacks 🚀
👇 Read more 👇https://t.co/N5EL07XhLp
— stacks.btc (@Stacks) April 29, 2022
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