{"id":294,"date":"2024-03-07T15:40:19","date_gmt":"2024-03-07T15:40:19","guid":{"rendered":""},"modified":"2024-03-07T15:40:31","modified_gmt":"2024-03-07T15:40:31","slug":"ontology-weekly-report-feb-27th-mar-4th-2024","status":"publish","type":"post","link":"https:\/\/ont.io\/news\/ontology-weekly-report-feb-27th-mar-4th-2024\/","title":{"rendered":"Ontology Weekly Report (Feb 27th \u2014 Mar 4th, 2024)"},"content":{"rendered":"<p>This week at Ontology has been buzzing with activities and progress across various fronts. From our engagement at ETH Denver to the hunt for the best Web3 blog, let\u2019s take a closer look at what\u2019s been happening.\ud83c\udf89&nbsp;<\/p>\n<h2>Highlights<\/h2>\n<p>The Hunt for the Best Web3 Blog: We\u2019re on the lookout for insightful and innovative Web3 blogs. Share your insights with us!<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/03\/17097966952290kPdomW3EJ3PpAI9h.jpg\" style=\"max-width:100%;\"><\/p>\n<h2>Latest Developments<\/h2>\n<ul>\n<li>DID Happy Hour in Denver: Our DID happy hour event in Denver has concluded. If you haven\u2019t yet, check out the highlights and insights shared.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/03\/17097967092380CLX3rjOafZMW1XeI.jpg\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>New Blog on DID Use Cases: Dive into our latest thread exploring DID\u2019s application in shopping, offering a glimpse into the future of digital identity and commerce.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/03\/17097967182540m5w0h17jdJs3lENU.jpg\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>ETH Denver Engagement: Did you participate in our fun activity at ETH Denver by finding our logo, taking a picture with it, and tagging us?<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/03\/17097967297020wvnyMmG3iUOOXPnD.jpg\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>AMA with MRHB and LetsExchange: We hosted an informative AMA session, shedding light on the latest developments and answering community questions.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/03\/17097967379940tWeqey0FSQPJwzfC.jpg\" style=\"max-width:100%;\"><\/p>\n<h2>Development Progress<\/h2>\n<ul>\n<li>Account Abstraction Research Completed: We\u2019ve reached 100% progress, marking a significant milestone in enhancing user experience and security.&nbsp;<\/li>\n<li>Ontology EVM Trace Trading Function: Continues to progress at 65%, as we aim to broaden our trading capabilities.<\/li>\n<li>ONT to ONTD Conversion Contract: Development is underway, currently at 20%.<\/li>\n<li>ONT Leverage Staking Design: This new initiative is at its early stage, with 10% progress.<\/li>\n<\/ul>\n<p><\/p>\n<h2>Product Development<\/h2>\n<ul>\n<li>ONTO Lists Blast: Expanding our ecosystem, ONTO has now listed Blast, offering our users more options.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/03\/17097970077030Z-lkGFhefbDgZtRJ.jpg\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>ONTO in UQUID\u2019s AMA: Participating in UQUID\u2019s AMA, ONTO shared valuable insights and updates with the community.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/03\/17097970183530yRBU51zUpkLb_Zn2.jpg\" style=\"max-width:100%;\"><\/p>\n<h2>On-Chain Activity<\/h2>\n<ul>\n<li>177 total dApps on MainNet as of March 4th, 2024, maintaining a robust ecosystem.<\/li>\n<li>7,740,667 total dApp-related transactions on MainNet, witnessing an increase of 6,931 from the previous week.<\/li>\n<li>19,283,265 total transactions on MainNet, marking a significant increase of 22,454 from last week.<\/li>\n<\/ul>\n<p><\/p>\n<h2>Community Growth<\/h2>\n<ul>\n<li>Engagement and Discussions: Our Twitter and Telegram channels are alive with vibrant discussions and updates. Join the conversation and stay updated with the latest developments.<\/li>\n<li>Telegram Discussion on ONT and ONG: Led by Ontology Loyal Members, a comprehensive guide to understanding Ontology\u2019s dual-token system was discussed, enriching the community\u2019s knowledge.<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week at Ontology has been buzzing with activities and progress across various fronts. From our engagement at ETH Denver to the hunt for the best Web3 blog, let\u2019s take a closer look at what\u2019s been happening.\ud83c\udf89&nbsp; Highlights The Hunt for the Best Web3 Blog: We\u2019re on the lookout for insightful and innovative Web3 blogs.<\/p>\n","protected":false},"author":1,"featured_media":295,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/294","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=294"}],"version-history":[{"count":0,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/294\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media\/295"}],"wp:attachment":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media?parent=294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/categories?post=294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/tags?post=294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}