Daily 10: Virtual Property Auction Kicks Off as Blockchain Startup Mapping the Real World Earns First Listing via Circle’s Poloniex

December 11, 2018


The crypto and blockchain ecosystem knows no days off. The past 24 hours has seen a heap of developments take place, and so to help you stay on top of it all, I pieced together an 18-part thread. Can’t be bothered looking through the whole thing? All good! Below, I’ve put what I considered the ten most noteworthy inclusions. Enjoy!


[1] The IOTA Foundation (IOTA) announced its third cohort of ‘IOTA Ecosystem Development Fund’ grantees for the year. $511,820 worth of grants issued to XDK2MAM, CryptoCore, and AKITA Blockchain Solutions’ M2M Ecosystem Showcase.


[2] Restart Energy (MWAT) – the world’s first market-ready blockchain energy trading platform – has continued its franchise-driven expansion into Spain, announcing the acquisition of a second regional Type B franchise (this time in the province of Valencia, with the first being Andalusia).


[3] Circle-owned Poloniex became the first crypto exchange to support the native token of the FOAM proof-of-location protocol designed to build out a consensus-driven world map. Trading is now available in FOAM/BTC and FOAM/USDC pairs.


[4] Announced today was Risk Labs’ UMA protocol, a decentralized financial contracts platform enabling Universal Market Access. It uses novel systems and economic incentives to transparently and efficiently maintain collateral and accurately settle transactions while giving users complete control over the terms of their economic exposure. Some big names helping out this project, including Jill Carlson (Consultant, Juno LLC) and Chris Burniske (Partner, Placeholder).


[5] Kyber Network (KNC) integrated its decentralized liquidity protocol with Decentraland (MANA). Now, LAND purchasers can pay using one of eight additional ERC-20 tokens (i.e., not forced to firstly obtain MANA tokens), including Binance Coin (BNB) and Zilliqa (ZIL).


[6] Speaking of the Ethereum-powered virtual reality platform that is Decentraland, today marked the commencement of its second-ever LAND auction. Running until December 23rd, the 9,300 LAND parcels not sold in last December’s auction are once more available to purchase.


[7] Ethereum creator Vitalik Buterin shared his thoughts on the applicability of blockchain in non-financial sectors in a 15-part thread. If social costs can fall proportionally more than rises in computational costs, then we’re looking good!


[8] The presentation videos from Devcon4 are now available for viewing on both SlidesLive and YouTube! Features every single talk that took place on Spectrum (Main Stage), Prism (Side Stage), Radiant Orchid (Breakout Room), and Ultra Violet (Breakout Room). Should keep you busy!


[9] BitMEX Research analyzed the impact that the recent bitcoin (BTC) price decline may have on the mining sector. Bitcoin’s hashrate has fallen by ~31% since the start of November (≈1.3m Bitmain S9 machines). And yet, for some, the “situation may be better than people expect,” according to BitMEX’s research arm.


[10] Thanks to the hard work of Tom Terado (Community, bitfwd & Tenzorum), Australia’s budding blockchain ecosystem has been segmented into an infographic. The updated version – published on Monday – is now comprised of 124 organizations!


Want to see all 18 parts of today’s thread? All you have to do is click through down below.



I compose threads like these several times a week. Following @mwill_crypto will allow you to read them hot off the press. If you loathe a clogged feed then, by all means, give me the flick and follow @NuggetsNewsAU instead. They actually do interviews and what not. Whereas I…well I just tweet about them!

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