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This week's blog post is almost ready for publishing. It gives an overview of asset backing and how it is used for implementing our Baseline Price Insurance service.
Very useful information for future service on #OpenDApps Cloud as well as some math for the fellow #DeFighters.
We are back with another recap of last week on Monday. πͺ
This past week in one sentence for #OpenDApps:
Referrals come to life on OpenDApps Cloud
Let's dive into the important updates in a thread. π§΅
1. Our CEO @CryptoTFaceless was part of the InTheMarket podcast with @peddy2612 from the DeFiChain community. They had an awesome talk about OpenDApps Cloud, DeFiChain MetaChain, and a lot more. Links to the podcast can be found below.π
2. We introduced our referral system that will be part of OpenDApps Cloud dApp. The system allows promoters and supporters of our platform to generate and use referral links providing them with 20% of the fees generated using their referral code. A great tool to stimulate and reward the community for their support. The system will be live on the #DMC Testnet after this week's update to v.1.0.4-beta.
3. We published our weekly blog post covering hierarchical multi-sign decentralized companies. As always the blog post is very useful information for community members and future clients. Links to the full blog post on Medium and Mirror can be found below.
4. We reached >200 followers on Twitter which gives us a greater audience to share our journey. A lot of #DeFighters joining our community which once again strengthens our commitment to @defichain MetaChain service development.
That wraps it up for last week. We continue to #build because we are #BuiltDifferent.
A very productive week for #OpenDApps Cloud has passed. Let's discuss what is planned for next week.
1. Most importantly, next week we will deploy version 1.0.4-beta of OpenDApps Cloud Testnet dApp on #DMC Testnet. The update will contain important new features such as:
- Referrals and service embed systems implemented
- dApp-as-a-Service release for tokens
- Optimizations, UI & UX updates
2. On Tuesday we will publish our weekly blog. This week the title was selected by a community poll and is very exciting:
An overview of asset backing for tokens and price insurance service on OpenDApps Cloud.
3. On Monday we will publish an overview of this week for the community to catch up on our progress in one post.
4. Deployment on opBNB Testnet as an experiment to see if our platform is compatible with BNB's new layer-2 blockchain.
As always we continue to #build and expand our services. After all, we are #BuildDifferent. Do not forget to join our community on telegram and check our blog. Links belowπ
The community wants to learn more about the concept of asset backing and price insurance for tokens.
The service is not yet available, but we will write an overview guide on how it is implemented.
Once the service is available we will add a how-to guide using #OpenDApps Cloud.
It is time for another community poll. π
Let us know what you want to see next week in our weekly blog post.
We are looking to publish interesting articles which help our community with the new concepts introduced by #OpenDApps Cloud.
Vote for next week's entry.
The latest blog post is uploaded to our website as well.
If you missed this week's blog post it is about hierarchical multi-sign companies on #OpenDApps Cloud.
You can access it through our website or directly using the links below our tweet:
https://t.co/fBRAsc0qSa
Links to the full blog post:
Medium: https://t.co/9aAtm79AHL
Mirror: https://t.co/bX4olIDuEN
It is time for another community poll. π
Let us know what you want to see next week in our weekly blog post.
We are looking to publish interesting articles which help our community with the new concepts introduced by #OpenDApps Cloud.
Vote for next week's entry.
This week our weekly blog post will be available on Wednesday and it will cover our Hierarchical Multi-Sign Company services.
We are also experimenting with the #OpenDapps referral system which will allow our supporters to earn DFI on #DMC for recommending our services. #build
Are you guys familiar with the concept of Asset Backing for Tokens? π
Our CEO @CryptoTFaceless has worked on the idea of floor price insurance of tokens and we might build a blog post about it.
Asset Backing for tokens is coming as a service on #OpenDApps Cloud later this year.
Another week has passed for #OpenDApps Cloud. Let's get an overview of what the community can expect next week.
On Monday our CEO @CryptoTFaceless will be on InTheMarket Podcast to discuss OpenDApps Cloud and DeFiChain MetaChain experience and future. The podcast should be out sometime during the week for listening.
On Tuesday we will post a new blog post: "An in-depth guide to Hierarchical Multi-Sign Decentralized Companies". It will get into hierarchical companies and how they differ from shares-based multi-sign companies on OpenDApps Cloud.
We will deploy an experimental referral program on #DMC Testnet for our services allowing people to generate income from referring our platform as well as embedding our services in their UI. A very exciting feature that should create a good incentive for people to promote us.
We will try and get dApp-as-a-Service next week on #DMC Testnet as well allowing tokens created on our platform to enable a personalized dApp without any additional programming.
We are continuing to #build and expand our services because we are #BuildDifferent. Do not forget to join our community on telegram and check our blog. Links below π
Maybe we can think of some integration that allows tokens created on #OpenDApps to be shown in holders' wallets on #DMC without the need for manual import.
What do you think @BlockBison_io? π
Businesses on DeFiChain support each other like no other chain. #WeAreBuiltDiffrent
Version 1.0.3-beta of #OpenDApps Cloud was deployed! π
Some of the updates include:
- Updated @VanillaSwap1 router address.
- Matic & BNB chain indexing updates with new RPC
- Token Treasury and Token Deployer contract updates
- UI & UX fixes
We continue to #build πͺ #DMC
A new service will be available on @opendapps_cloud soon.
dApps-as-a-Service will provide simple tokens will their own dApp with information, charts, staking interface, and integration with all services connected to the token through #OpenDApps Cloud.
Our dApp-as-a-Service solution for tokens deployed on #OpenDApps Cloud is almost out. It will be added in the next version of our Testnet dApp.
All tokens deployed on @defichain Testnet will be eligible to try it out and test their tokens' personal dApp.
Our dApp-as-a-Service solution for tokens deployed on #OpenDApps Cloud is almost out. It will be added in the next version of our Testnet dApp.
All tokens deployed on @defichain Testnet will be eligible to try it out and test their tokens' personal dApp.
We updated the #OpenDApps Cloud website which now has a dedicated blog page accessible through our menu.
We are providing links below.
Our latest blog post is uploaded on our website as well. If you have not seen it already you can do so from here:
We have another question to ask:
Is there interest in video guides for using #OpenDApps services and solutions on top of the written guides or text documentation is enough?
Tell us what you think and share any feedback you might have on guides and videos.
At the end of the week, we want to give a quick overview of what is expected from #OpenDApps during next week.
On Monday we will post our weekly recap thread where we will get all the info and news from this week in one place where it will be easier for people to read.
On Tuesday we will post our weekly blog post. This week the topic is really interesting and it was selected with a poll to the #DMC community: "An in-depth guide to Shares-based Multi-Sign Decentralized Companies". It is a really interesting reading getting into company shares ownership through NFTs, and multi-sign companies and how it is all accessible through OpenDApps.
We are currently working on something interesting that should be out next week enabling other protocols and projects to embed our services. More info on that will be shared once the feature is available on Testnet.
We will upgrade our website to the latest version of Unleashed #WebPages allowing us to start working on uploading information and documentation.
It will not be a week with massive announcements but we continue to #build and expand our services because we are #BuildDifferent.
Do not forget to join our community on telegram and check our blog. Links below ππ
The new blog post about decentralized companies has been uploaded to our website as well. Let's go!
If you have not already read it - do not miss it. It is a helpful overview of the concept for private decentralized companies in #OpenDApps.
Check it out:
https://t.co/lEjBtzjbCE
The new blog post for OpenDApps Cloud is now available! π
This week we dive into the concept of decentralized companies and why they are important.
The full post is available on Medium and Mirror. Links are below ππ
Let's take a look at some key points in a thread. π§΅
The title of this week's blog post is:
Decentralized Companies in OpenDApps Cloud β AnΒ Overview
It does an overview of the principles, advantages, and real-world applications of these entities, showing how they can help projects and businesses leverage blockchain transparency and stability.
Why do we need Decentralized Companies?
Through the use of blockchain technology, decentralized organizations can provide an immutable and auditable record of transactions, operations, and decision-making processes.
Decentralized Autonomous Organizations (DAO)
In a DAO, decision-making, and governance processes are executed through smart contracts. DAOs are designed to be decentralized, meaning decision-making power is distributed among governance token holders within the organization.
Why do we need Private Decentralized Companies?
While DAOs provide a structure for most decentralized organizations, the type of ownership is usually limited.
Private decentralized companies can allow the same properties as DAOs but at the same time provide the option for private ownership.
Private Decentralized Companies on OpenDApps Cloud
Private decentralized companies are a new concept from OpenDApps Cloud that help fill the gap between a real-world private company and DAOs.
Decentralized companies on OpenDApps are smart contracts deployed on EVM-compatible blockchain that represent the organization as a blockchain entity.
The concept of private decentralized companies is a powerful tool for organizing and managing a business on the blockchain and it allows multi-level companies to exist.
OpenDApps Cloud provides three main options for the ownership of deployed decentralized companies:
1. Companies owned by a single entity
2. Multi-sign hierarchical companies
3. Multi-sign shares-based company
For more details make sure you read the full blog post. Links are available below in the comments.
As promised, we are expanding our documentation and guides for #OpenDApps Cloud.
Tomorrow we will publish the next blog post that will dive into decentralized companies, what is lacking in the current space, and how OpenDApps contribute to these crucial structures. βοΈπͺ
After the launch of our website using our partners' CMS, we were impressed by what can be achieved with it. Because of that we agreed on an extended partnership and the CMS service will be a part of #OpenDApps business solutions once we are on mainnet. #build #web3
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