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Ontology Weekly Report (April 30th — May 6th, 2024)

Welcome to the latest edition of the Ontology Weekly Report, where we keep you up to date on the latest developments, achievements, and community activities within the Ontology ecosystem. Here’s a quick recap of the past week:

🎉 Highlights

New Quests on Zealy: Exciting new quests have been launched in Zealy, inviting our community members to engage and earn rewards.

Latest Developments

  • DID and Privacy Article by Geoff: Read our latest publication on decentralized identity (DID) and privacy, written by Geoff, to gain deeper insights into the future of secure digital identities.

  • Ontology Metrics: Look at some of Ontology’s latest metrics! Our journey together has been incredible, and we’re just getting started.

  • Space with Sugar Kingdom NFT: We had a fantastic space with Sugar Kingdom NFT, discussing the ONT DID Fund and how it empowers Web3 projects.

  • Ontology Odyssey Quest on Zealy: The Ontology Odyssey quest is officially live on Zealy! Join the adventure and explore the wonders of our ecosystem.

Development Progress

  • Ontology EVM Trace Trading Function: Now at 87%, we’re making steady progress towards enhancing our trading capabilities within the EVM space.
  • ONT to ONTD Conversion Contract: Development continues, now at 52%, to ensure seamless conversion between ONT and ONTD.
  • ONT Leverage Staking Design: Progressing at 37%, this feature will soon offer innovative staking options to our community.

Product Development

  • New ONTO Version Live: The latest version of ONTO is now live, bringing new features and enhancements to improve your wallet experience.

On-Chain Activity

  • 177 total dApps on MainNet as of May 6th, 2024, maintaining a dynamic and robust ecosystem.
  • 7,762,930 total dApp-related transactions on MainNet, marking an increase of 1,812 from last week.
  • 19,422,524 total transactions on MainNet, showing an impressive increase of 25,165 from last week.

Community Growth

  • Engaging Community Discussions: Our social media platforms, including Twitter and Telegram, are buzzing with the latest developments and community interactions. Stay connected and join the conversation!
  • Telegram Discussion on Privacy: Led by Ontology Loyal Members, this week’s discussion focused on “Empowering Privacy with Anonymous Credentials,” providing valuable insights into the future of privacy.