{"id":324,"date":"2024-06-18T18:22:10","date_gmt":"2024-06-18T18:22:10","guid":{"rendered":""},"modified":"2024-06-18T18:22:20","modified_gmt":"2024-06-18T18:22:20","slug":"ontology-monthly-report-may","status":"publish","type":"post","link":"https:\/\/ont.io\/news\/ontology-monthly-report-may\/","title":{"rendered":"Ontology Monthly Report \u2014 May"},"content":{"rendered":"<p><\/p>\n<p>May has been an exceptional month filled with community engagement, significant development progress, and exciting new initiatives. Here\u2019s a detailed look at our accomplishments and updates over the past month:<\/p>\n<p><\/p>\n<h2>Community and Web3 Influence \ud83c\udf10\ud83e\udd1d<\/h2>\n<ul>\n<li>Emoji Contest Launch: We kicked off May with a fun emoji contest, inviting the community to express their creativity and engagement.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/06\/17187059736190_9RsMruHlDy-s6hk.jpg\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>New Article on KYC:&nbsp;A new article discussing the integration of KYC within decentralized identity frameworks was published, enhancing understanding of regulatory compliance in blockchain.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/06\/17187059811640vkI1XKEtq2_Ne4HE.jpg\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>Community Update on X Space:&nbsp;Our first community update hosted on X space was a hit! Don\u2019t worry if you missed the live session; you can listen to the recording on our platform.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/06\/17187059889940PGcbYAeT32b2bJl8.jpg\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>DID Fund Quest on Zealy: To engage more people in the DID world, we launched a quest related to our DID Fund on Zealy, fostering deeper community involvement.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/06\/17187060052940q0yV_sY_Rsi1HP0n.jpg\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>Galxe Homepage Feature:&nbsp;Our DID quest was featured on the homepage of Galxe, spotlighting our efforts in decentralized identity.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/06\/17187060125770ATz857t5vVRCJ7cY.jpg\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>MEFConnects in London: We had the opportunity to attend MEFConnects in London, sharing insights and developments from Ontology.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/06\/17187060184150YuD2Mw2seezuA6j5.jpg\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>Bitcoin Pizza Day Celebration: We celebrated Bitcoin Pizza Day with the community sending pizzas and tagging Ontology \u2014 a fun and engaging activity for all!<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/06\/17187060248540KvCAzdCW6lL9uWOq.jpg\" style=\"max-width:100%;\"><\/p>\n<p><\/p>\n<h2>Development\/Corporate Updates \ud83d\udd27<\/h2>\n<h3>Development Milestones \ud83c\udfaf<\/h3>\n<ul>\n<li>Ontology EVM Trace Trading Function: Progress in our EVM Trace Trading Function has reached 87%, enhancing our capabilities within the EVM space.<\/li>\n<li>ONT to ONTD Conversion Contract: Development has progressed to 52%, streamlining the conversion process for our users.<\/li>\n<li>ONT Leverage Staking Design: Now at 37%, this feature aims to provide innovative staking options to the Ontology community.<\/li>\n<\/ul>\n<p><\/p>\n<h2>Events and Partnerships \ud83e\udd1d<\/h2>\n<ul>\n<li>AMA with Sugar Kingdom NFT: We discussed our DID fund and its implications for digital identity in the NFT space.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/06\/17187060329690CgNHHE0tHNcHPHJ6.jpg\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>Space with Port3 Network and Portal Finance: Engaging discussions were held about decentralized networking and Portal\u2019s role as a liquidity hub for Bitcoin Layer 2 solutions.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/06\/17187060430650tlLC79cByoRbyHXq.jpg\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>Binance Live Session with Karmaverse: We joined Karmaverse on Binance live, sharing insights and updates about Ontology\u2019s advancements.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/06\/17187060600030tvaygRzGoQyXzyI4.jpg\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>ONG Listing by CoinDCX: One of India\u2019s leading exchanges, CoinDCX, has listed ONG, expanding our reach within the Indian market.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/06\/17187060704750cQkZeaBsl3YKQdbE.jpg\" style=\"max-width:100%;\"><\/p>\n<p><\/p>\n<h2>ONTO Wallet Developments \ud83c\udf10\ud83d\udecd\ufe0f<\/h2>\n<ul>\n<li>NFT Giveaway with XSTAR: An exciting NFT giveaway was hosted in collaboration with XSTAR, offering unique collectibles to our community members.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/06\/17187060836040xCZiPV0_RNlZhyyl.jpg\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>Inclusion in NULS World: ONTO is now featured within NULS world, broadening our visibility and user engagement.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/06\/17187060889050TAN8oEzMHIyrTO5T.jpg\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>New ONTO Version Release: The latest version of ONTO was launched, introducing new features and enhancements to improve user experience.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2024\/06\/17187060949880dAyETjb6LQiqRpeK.jpg\" style=\"max-width:100%;\"><\/p>\n<p><\/p>\n<h2>On-Chain Metrics \ud83d\udcca<\/h2>\n<ul>\n<li>dApp Growth:&nbsp;The total number of dApps on our MainNet remains robust at 177, demonstrating a vibrant and dynamic ecosystem.<\/li>\n<li>Transaction Growth:&nbsp;We observed an increase of 8,914 dApp-related transactions and 815 MainNet transactions this month, indicating active and growing network utilization.<\/li>\n<\/ul>\n<p><\/p>\n<h2>Community Engagement \ud83d\udcac<\/h2>\n<ul>\n<li>Vibrant Discussions:&nbsp;Our social platforms have been buzzing with discussions and insights, driven by the passion and engagement of our community members.<\/li>\n<li>Recognition through NFTs:&nbsp;Active community members were celebrated with the issuance of NFTs, acknowledging their contributions and involvement.<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>May has been an exceptional month filled with community engagement, significant development progress, and exciting new initiatives. Here\u2019s a detailed look at our accomplishments and updates over the past month: Community and Web3 Influence \ud83c\udf10\ud83e\udd1d Emoji Contest Launch: We kicked off May with a fun emoji contest, inviting the community to express their creativity and<\/p>\n","protected":false},"author":1,"featured_media":325,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-324","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\/324","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=324"}],"version-history":[{"count":0,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/324\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media\/325"}],"wp:attachment":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media?parent=324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/categories?post=324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/tags?post=324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}