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Ontology Monthly Report - April 2024

April has been a whirlwind of activities and accomplishments for Ontology. From exciting new partnerships and community engagements to significant advancements in our technology, here’s a recap of this month’s highlights:

Community and Web3 Influence 🌐🤝

  • 10M DID Fund Launch: We launched a 10M fund to significantly boost our decentralized identity (DID) ecosystem, fostering innovation and growth.

  • Presence at PBW: It was great seeing so many of you at PBW! We appreciate every conversation and insight shared.

  • Web3 Wonderings: This month, our discussions spanned DeFi and NFTs, with recordings available for those who missed the live sessions.

  • Token2049 Participation: Our presence at Token2049 was a major success, expanding our visibility and connections within the blockchain community.

  • Zealy Quest — Ontology Odyssey: Our latest quest is live, adding an exciting layer of engagement within our platform.

Development/Corporate Updates 🔧

Development Milestones 🎯

  • Ontology EVM Trace Trading Function: Progress has reached 80%, enhancing our trading capabilities within the EVM space.
  • ONT to ONTD Conversion Contract: We’ve hit the 50% development milestone, simplifying the conversion process for our users.
  • ONT Leverage Staking Design: Now at 35%, this development is geared towards providing innovative staking options for the Ontology community.

Events and Partnerships 🤝

  • StackUp Part 2 Success: Our latest campaign with StackUp was a resounding hit, thanks to your participation.

  • New Partnerships: We celebrated new collaborations with LetsExchange and the support of GUARDA Wallet for ONT and BitGet’s listing of ONG.

  • Community Giveaways and AMAs: The month was packed with interactive events, including giveaways with Lovely Wallet and an AMA with KuCoin.

ONTO Wallet Developments 🌐🛍️

  • UQUID Accessibility: UQUID is now accessible in ONTO, streamlining transactions for our users.

  • ONTO Updates: We’ve rolled out a new version update to enhance user experience.

  • Upcoming AMA with Kita Foundation: Don’t miss our AMA with Kita Foundation, aimed at diving deeper into future collaborations.

On-Chain Metrics 📊

  • dApp Growth: The total number of dApps on our MainNet remains strong at 177, indicating a vibrant ecosystem.
  • Transaction Growth: This month saw an increase of 773 dApp-related transactions and 13,866 MainNet transactions, reflecting active network utilization.

Community Engagement 💬

Vibrant Discussions: Our social media platforms continue to buzz with lively discussions and insights from our engaged and passionate community members.

Recognition through NFTs: We’ve issued NFTs to active community members in recognition of their contributions and involvement.