Ontology Monthly Report — October 2023

Absolutely thrilled to bring you the Ontology Monthly Report for October 2023! 🎉 Let’s dive into the fantastic things that have been happening in our world of Web3 and Decentralized Identity. 🌐🔒

Community and Web3 Influence 🌐🤝

Guess what, folks? We ranked Top 3 in social volume growth according to Cryptolaxy! Let’s keep the conversation flowing. 🗨️

Investing in Ontology? Good news! $ONG is now part of Binance Earn, offering an APR of ~1.23%. But wait, there’s more! Staking your native ONT can get you an astounding ~25% APR! Now that’s what I call a win-win! 🤑

We’re also making waves in the Metaverse! Ontology was listed as a Top 11 Metaverse PLJ based on 30-D RTVI! 🌌

And for the cherry on top 🍒, $ONG ranked in the Top 5 ONG pairs. Booyah!

Development/Corporate Updates 🔧

Development Milestones 🎯

• ONT staking: 98% done with contract development 🛠️
• ONT liquid staking front end: 96% done ✅
• Ontology batch trading RPC: Halfway there, at 50% 🔄
• Account Abstraction research: Making progress with 15% completion 📚

Events and Partnerships 🤝

We’ve launched an exciting campaign with UQUID, and we also hosted an AMA to delve into the details. 🎙️

Our Thursday Talks are becoming the place to be for chit-chat about Web3 tech, crypto media, and more. 🗣️

ONTO Wallet Developments 🌐🛍️

Here’s what’s cooking:

Announced Top 10 most-used chains in September 🏆

Initiated a User Feedback Quest; we even published a summary based on your valuable input! 📝

See full report here: https://x.com/ONTOWallet/status/1714099046665605280?s=20

ONTO wallet is soon to support Scroll MainNet!

On-Chain Metrics 📊

• 164 Total dApps on MainNet: Steady as she grows! 🌳
• Total dApp Transactions increased by 6,966, totaling 7,693,692 📈
• Total MainNet Transactions rose by 31,347, reaching a staggering 19,019,024! 🚀

Community Engagement 💬

• Had some thought-provoking chats on Discord, Telegram, and Twitter about topics like the “Blockchain trilemma,” “Top 7 Decentralized Identity Protocols,” and “Web3 Wallets.” 🗨️
• Special shoutout for our Loyal Member NFTs. Kudos to our active community participants! 🏆

As the great philosopher Socrates might have said if he’d known about blockchain:

“An unexamined life is not worth living, and an unexamined online identity is not worth having.”So let’s keep exploring, innovating, and, most importantly, staying connected! 🌟🌐

Until next time, Ontonauts! 🤗💙