Avalanche news you might have missed this week 📢
🔺 By the Numbers
Total Transactions (last 7 days) = 7.1M+
Network has 41 active subnets with 1500+ validators 👇
🔺 Scaling the Network
Web3 gaming platform @Funtico_com is scaling the optionality and depth of the NFT and gaming sectors on Avalanche
@term_labs launched on Avalanche to help improve fixed-rate lending markets
@bitnote_xyz launched Encrypted Notes on Avalanche, and joined our spaces this week to dive into the protocol
🔺 For the Community
@AvaxDAO_ partnered with Avalanche ecosystem projects and raised $120K
Codebase invites the community to AVAX Startup House in Austin, May 30th
Avalanche Rush 🤝 NFT Lending
@AvalancheFDN is providing Salvor $1M in $AVAX incentives to further develop its high-volume peer-to-peer NFT lending protocol.
Salvor offers a dynamic P2P lending and borrowing platform, allowing users to post their NFTs as collateral to secure loans in $AVAX.
🔺Borrowers can obtain AVAX loans using their NFTs as collateral to fund purchase sweeps of top collections
🔺Lenders can offer short-term loans and earn potential profits from interest payments
🔺Salvor recently introduced a peer-to-peer token lending protocol, targeting memecoins on Avalanche to enhance their liquidity
By introducing unique lending strategies for NFTs, @salvor_io enhances liquidity and financial flexibility within the Avalanche DeFi and NFT ecosystems.
Learn more: https://t.co/XHpCX4AKgj
Find the most engaged users, leverage on-chain data, and easily airdrop tokens to your community with Core's brand new Airdrop Tool 🪂
This free tool available on @coreapp allows any project builder, developer or even individuals to engage and reward users through simplified token distribution.
Here's how it works and how you can start using it today 👇
LiveDuel is launching its decentralized sports betting exchange on an Avalanche Subnet 🫡
Avalanche enables @liveduel to elevate the sports betting experience with greater transparency, liquidity & near-instant transaction finality for fast settlement.
https://t.co/b6TJ9xWabJ
Salvor recently joined the Avalanche Rush incentive program to further develop its p2p NFT lending protocol 🤝
Next week we're hosting the @salvor_io team on Spaces to dive into the platform's features for high-volume NFT trading, and why they chose to build on Avalanche 🔺
Silk Nodes chose to validate the Avalanche network using @GoGoPool_ Minipools. Why? Increased rewards, easy deployment, and decreased launch costs.
Check out the data in the case study ⬇️
ACP-77 ➡️ More Blockchain Gaming
The recent ACP-77 proposal could significantly reduce the time and startup costs to spin up a Subnet on Avalanche 🫡
This means more game devs, including smaller indie studios, can more easily make their own blockchain with their own rules. And still enjoy the benefits of being connected with all the other Avalanche chains using Teleporter.
Avalanche has already seen impressive growth of gaming Subnets, from individual games like @playSHRAPNEL and @DeFiKingdoms, to gaming platforms like @BuildOnBeam and @theblitzapp.
Imagine the proliferation of gaming Subnets when creating one is orders of magnitude easier 🚀
This week we had a great session with the @StreamDefi team on Spaces, covering their protocol's approach to designing for maximum capital efficiency, as well as the vision behind their yield products and upcoming DEX launch.
Recap the full conversation here: https://t.co/Mz7R9YW5Yp
BitNote brings encrypted data management to Avalanche
@BitNote_xyz built an on-chain 1Password product to solve an age-old question: Where do I store my sensitive info?
Tune in to Spaces next Tuesday and learn about the latest Web3 consumer app on Avalanche!
🗓️ May 7 @ 1PM ET
Stripe’s fiat-to-crypto onramp is a customizable widget that can be embedded into a variety of dApps, such as DEXs, NFT platforms, and wallets like @coreapp 🤝
@stripe's integration provides a direct way to easily and quickly fund a wallet with $AVAX to get started on Avalanche!
Whether you're heads down coding, designing your next NFT collection, or just outside touching grass, Lola Villa has the mix to set the vibe 🎶
Here's your Avalanche DJ Mix for the weekend, brought to you by @lolabelvilla, recorded at Avalanche Creator House I Paris 🎧
https://t.co/Xb2Pd3sOYg
Stc Bahrain, a subsidiary of stc group, the most valuable telecom brand in the Middle East, is deploying its own Avalanche Subnet to build a dynamic ecosystem that accelerates Web3 adoption in the region.
More details on this groundbreaking initiative 👇
https://t.co/DlnEJChXcy
Each of these Coachella Throwback Merch Trunks unlocks a unique curation of vintage pieces from past festivals, available now on @opensea, minting on Avalanche 🔥
The Avalanche Community Grants Program is underway, and voting begins today for this first round of 25 selected projects!
The first Quadratic Funding Round is open, allowing anyone to donate to these projects, which will in turn decide how matching funds from the Avalanche Foundation are allocated.
Check out a brief description of each project and vote here: https://t.co/oqHMchmcj4
Coachella Weekend 2 is here 🎡
Looks like people loved the new Coachella Quests, powered by Avalanche, with over 40K quests completed during weekend 1 🤯
@coachella Quests has new rewards and exclusive experiences for Weekend 2 that you can experience both at the festival and online 👇
Complete Quests to earn Stamps, XP, and prizes like 2024 VIP Passes, 2025 Guest Passes, access to the Oasis Lounge on-site, curated merchandise, and a whole lot more.
Even if you're not going to the festival, there's plenty of ways to experience Coachella virtually and still earn rewards. Just head to the Virtual Exploration tab to learn how!
Start your Quest journey for the final weekend of @Coachella 2024 😎 https://t.co/7CJ3HGzmUn
As the RWA market continues to accelerate, some experts predict it will grow to $10T+ this decade.
@homium, a real-estate equity mortgage lender and securitization platform, has gone live with its first home equity loans on Avalanche!
More on @CoinDesk👇
https://t.co/aFXxdzTKiL
[🔺국내 아발란체 생태계 확장은 순항 중⛵️]
지난 4/17~18일, 저스틴 김(@justinkim415) 아발란체 한국 총괄이 금융 & 게임 산업 분야 컨퍼런스에 참석하여 업계 관계자들에게 아발란체를 소개했습니다.
뉴스 기사 바로보기👇
📰테크M: https://t.co/KB2gHhzB5X
📰디센터: https://t.co/eakE1ErXt7