Ontology Weekly Report (Mar 5th — Mar 11th, 2024)

It’s been another eventful week at Ontology, filled with progress, engagement, and key milestones. Here’s everything that happened:

🎉 Highlights

2024 Roadmap Published: Ontology has unveiled its roadmap for 2024, charting the path forward with exciting new developments and goals.

Latest Developments

• ETH Denver Recap: Humpty’s recap of our participation in ETH Denver is now available on our space, packed with insights and highlights.

• Engaging AMAs: We hosted informative AMAs with LetsExchange and MRHB, providing valuable updates and answering community questions.

• March Event on Galxe: Don’t miss out on our live event on Galxe this March, showcasing our latest initiatives.

• Round 228 Results: Check out the stats and outcomes of Round 228, reflecting our community’s active participation.

Development Progress

• Ontology EVM Trace Trading Function: Progress has reached 70%, indicating solid strides in expanding our trading capabilities.
• ONT to ONTD Conversion Contract: Development is underway at 30%, laying the groundwork for a smoother asset transition.
• ONT Leverage Staking Design: We’ve reached the 20% mark in designing an innovative staking mechanism to leverage ONT holdings.

Product Development

Dragon Slayer Stage One: The first stage of the Dragon Slayer event is officially live! Join the quest and showcase your prowess.

On-Chain Activity

• DApp Ecosystem Stability: With 177 dApps on MainNet as of March 11th, 2024, our ecosystem remains vibrant and robust.
• Transaction Growth: There’s been an increase of 3,922 dApp-related transactions and a substantial increase of 19,275 total transactions on MainNet this week.

Community Growth

• Vibrant Discussions: Our Twitter and Telegram channels continue to thrive with discussions on the latest developments and Ontology’s roadmap for 2024.
• Telegram Discussion: A session led by Ontology Loyal Members dove deep into the Ontology Roadmap 2024, fostering community engagement and insight.