{"id":262,"date":"2023-11-03T15:21:54","date_gmt":"2023-11-03T15:21:54","guid":{"rendered":""},"modified":"2023-11-03T15:22:12","modified_gmt":"2023-11-03T15:22:12","slug":"ontology-monthly-report-october-2023","status":"publish","type":"post","link":"https:\/\/ont.io\/news\/ontology-monthly-report-october-2023\/","title":{"rendered":"Ontology Monthly Report \u2014 October 2023"},"content":{"rendered":"<p>Absolutely thrilled to bring you the Ontology Monthly Report for October 2023! \ud83c\udf89 Let\u2019s dive into the fantastic things that have been happening in our world of Web3 and Decentralized Identity. \ud83c\udf10\ud83d\udd12<\/p>\n<h2>Community and Web3 Influence \ud83c\udf10\ud83e\udd1d<\/h2>\n<p>Guess what, folks? We ranked Top 3 in social volume growth according to Cryptolaxy! Let\u2019s keep the conversation flowing. \ud83d\udde8\ufe0f<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/11\/16989946999430_8w2f71vs2yfVgL9s.png\" style=\"max-width:100%;\"><\/p>\n<p>Investing in Ontology? Good news! $ONG is now part of Binance Earn, offering an APR of ~1.23%. But wait, there\u2019s more! Staking your native ONT can get you an astounding ~25% APR! Now that\u2019s what I call a win-win! \ud83e\udd11<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/11\/16989947167110_XhMGOdSqG78-O2Cr.png\" style=\"max-width:100%;\"><\/p>\n<p>We\u2019re also making waves in the Metaverse! Ontology was listed as a Top 11 Metaverse PLJ based on 30-D RTVI! \ud83c\udf0c<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/11\/16989950092600_mflIECKDeJ4m1ctl.png\" style=\"max-width:100%;\"><\/p>\n<p>And for the cherry on top \ud83c\udf52, $ONG ranked in the Top 5 ONG pairs. Booyah!<\/p>\n<p><\/p>\n<h2>Development\/Corporate Updates \ud83d\udd27<\/h2>\n<h3>Development Milestones \ud83c\udfaf<\/h3>\n<ul>\n<li>ONT staking: 98% done with contract development \ud83d\udee0\ufe0f<\/li>\n<li>ONT liquid staking front end: 96% done \u2705<\/li>\n<li>Ontology batch trading RPC: Halfway there, at 50% \ud83d\udd04<\/li>\n<li>Account Abstraction research: Making progress with 15% completion \ud83d\udcda<\/li>\n<\/ul>\n<p><\/p>\n<h3>Events and Partnerships \ud83e\udd1d<\/h3>\n<p>We\u2019ve launched an exciting campaign with UQUID, and we also hosted an AMA to delve into the details. \ud83c\udf99\ufe0f<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/11\/16989950567090_HXnwiiP2U95tNzyz.png\" style=\"max-width:100%;\"><\/p>\n<p>Our Thursday Talks are becoming the place to be for chit-chat about Web3 tech, crypto media, and more. \ud83d\udde3\ufe0f<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/11\/16989950713120_SruFlEvFrQKdNrtG.png\" style=\"max-width:100%;\"><\/p>\n<p><\/p>\n<h3>ONTO Wallet Developments \ud83c\udf10\ud83d\udecd\ufe0f<\/h3>\n<p>Here\u2019s what\u2019s cooking:<\/p>\n<p>Announced Top 10 most-used chains in September \ud83c\udfc6<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/11\/16989951002720_eqWhXRg5ic1MS6au.png\" style=\"max-width:100%;\"><\/p>\n<p>Initiated a User Feedback Quest; we even published a summary based on your valuable input! \ud83d\udcdd<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/11\/16989959915890_UzZ5sxSz3GGY0SFl.png\" style=\"max-width:100%;\"><\/p>\n<p><\/p>\n<p>See full report here:&nbsp;https:\/\/x.com\/ONTOWallet\/status\/1714099046665605280?s=20<\/p>\n<p><\/p>\n<p>ONTO wallet is soon to support Scroll MainNet!<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/11\/16989960088180_lEQyD1z3JhHObaki.png\" style=\"max-width:100%;\"><\/p>\n<h3>On-Chain Metrics \ud83d\udcca<\/h3>\n<ul>\n<li>164 Total dApps on MainNet: Steady as she grows! \ud83c\udf33<\/li>\n<li>Total dApp Transactions increased by 6,966, totaling 7,693,692 \ud83d\udcc8<\/li>\n<li>Total MainNet Transactions rose by 31,347, reaching a staggering 19,019,024! \ud83d\ude80<\/li>\n<\/ul>\n<p><\/p>\n<h3>Community Engagement \ud83d\udcac<\/h3>\n<ul>\n<li>Had some thought-provoking chats on Discord, Telegram, and Twitter about topics like the \u201cBlockchain trilemma,\u201d \u201cTop 7 Decentralized Identity Protocols,\u201d and \u201cWeb3 Wallets.\u201d \ud83d\udde8\ufe0f<\/li>\n<li>Special shoutout for our Loyal Member NFTs. Kudos to our active community participants! \ud83c\udfc6<\/li>\n<\/ul>\n<p><\/p>\n<p>As the great philosopher Socrates might have said if he\u2019d known about blockchain:<\/p>\n<p>\u201cAn unexamined life is not worth living, and an unexamined online identity is not worth having.\u201dSo let\u2019s keep exploring, innovating, and, most importantly, staying connected! \ud83c\udf1f\ud83c\udf10<\/p>\n<p>Until next time, Ontonauts! \ud83e\udd17\ud83d\udc99<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Absolutely thrilled to bring you the Ontology Monthly Report for October 2023! \ud83c\udf89 Let\u2019s dive into the fantastic things that have been happening in our world of Web3 and Decentralized Identity. \ud83c\udf10\ud83d\udd12 Community and Web3 Influence \ud83c\udf10\ud83e\udd1d Guess what, folks? We ranked Top 3 in social volume growth according to Cryptolaxy! Let\u2019s keep the conversation<\/p>\n","protected":false},"author":1,"featured_media":263,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-monthly-reports"],"_links":{"self":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/comments?post=262"}],"version-history":[{"count":0,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/262\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media\/263"}],"wp:attachment":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media?parent=262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/categories?post=262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/tags?post=262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}