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The TGCm Weekly Run Up
March 18, 2024
Welcome back to ThinkGrowCryptoMedia! Your Cardano-biased, news media outlet for your blockchain-knowledge needs.
We’ve got quite a few exciting headlines so let’s get into it 👇
📊 Cardano Ecosystem Stats
🚀 Cardano Headlines
💸 Blockchain Headlines
Congratulations to Ethereum on its Dencun upgrade! 🎉
Dencun went live this week and, along with it, EIP-4844. This particular enhancement brings about “blob” functionality, a new type of data structure on the base layer which has been helping to reduce layer 2 fees.
You can check out more info on it below.
In Other News
📢 Cardano Community Corner
From scalability debates to governance discussions, the Cardano Community never sleeps! Let’s check in on what the talk of the town has been this week.
Yesterday we showed a small snippet of what are we doing with Lucid Evolution.
This is why open source is so amazing! You don't like that the library is not maintained? Well, nothing is stopping us from making it better!
We have already made amazing progress by syncing Lucid… twitter.com/i/web/status/1…
— Anastasia Labs (@AnastasiaLabs)
2:59 PM • Mar 6, 2024
The last year of #Cardano
(courtesy of @matiwinnetou and eutxo.org)*Highest fee ever shown was ~$45
*Average fees are .17-.5 ADA (~10-30 cents)
*Active wallets up 2-3x last 6 months#cryptocurrency#blockchain
— Dev (@beef_wagon)
3:59 PM • Mar 18, 2024
Interesting write up and I agree with your basic concern! Still wonder if I am missing something. Binance is at 4.5% and that number seems to be trending down. Also given the rise of on-chain utility not sure if it’s fair to assume those percentages will rise (much). My view has… twitter.com/i/web/status/1…
— ADA whale (@cardano_whale)
12:18 AM • Mar 13, 2024
📢 We are excited to announce our strategic investment in @nmkr_io.
This investment will support NMKR's current and future business activities to accelerate further real-world asset tokenization leveraging the Cardano blockchain for organizations and individuals.
Read further… twitter.com/i/web/status/1…
— EMURGO (@emurgo_io)
1:08 PM • Mar 18, 2024
Cardano node 8.9.0 lowered CPU usage by a lot! Incredible.
— 🌟Star Forge⚡ OTG 📡 St₳ke Pool (@Star_Forge_Pool)
4:54 PM • Mar 13, 2024
WHY WE ARE BUILDING ON CARDANO OVER ETHEREUM AND SOLANA 🤔
Foundation: Cardano's research-first approach resonated with us. With over 90 academic papers, its foundation is peer-reviewed, ensuring robustness and long-term viability.
Sustainability: Cardano's Proof-of-Stake (PoS)… twitter.com/i/web/status/1…
— TapTools (@TapTools)
12:26 AM • Mar 18, 2024
Time for some nerd candy related to our Hydra work!
Below is the first end to end test of our Hydra Streaming work: A Hydra node streams events to AWS Kinesis using the pluggable architecture we've added, and then those events are read by an AWS Lambda written in Go.
— Sundae Labs 🍨 (@SundaeSwap)
5:30 PM • Mar 7, 2024
Ever wondered how long crypto enthusiasts hold onto their investments?🧐
@coinbase's 'typical hold time' for Crypto shows $ADA hodlers leading with an impressive 295 days! #Cardano
Curious about how others like $BTC, $SOL, and $DOGE compare?
The list may surprise you👇🏻
— Jami (@thinkgrowcrypto)
2:23 AM • Mar 15, 2024
Day 1 of the $NMKR Announcement Week:
We're introducing the first NMKR Token Buyback Program!
Starting this month, 5% of NMKR Studio Revenue will be used to buy $NMKR Tokens from the open market and permanently burn them.
This will be limited to 6 months as the testing phase. twitter.com/i/web/status/1…
— NMKR (@nmkr_io)
4:01 PM • Mar 11, 2024
🖌 NFT of the Week with Noodz 🍜
Each week, we check in with our resident NFT connoisseur, Noodz. Let’s see what he’s got cookin’ for us…
This week, Noods is bringin’ us $hookman’s Cyber City Lights, a retro, neon cyberpunk-inspired series of on-chain NFTs. And what’s even more cool than that? They’re on-chain and customizable! 🤩
Now if you’re lookin’ to grab one, check out the tweet below…but remember: do it for the art, the culture or simply to support our amazing Cardano artists. 🫡
The Cyber City Lights mint is now live!
50 pieces available for 50 ADA each.
Choose your properties at time of mint.
Your mint. Your way.
blockgen.art/collection/Cyb…
— $hookman (@hookman1979)
9:06 PM • Mar 9, 2024
📢 Cardano Events
Good Morning Cardano!
Okay, so here is the announcement:
We are currently organising a Cardano pavilion for Universal Tech expo in Cebu, Philipinnes on June 8-9th.
An event that covers Forex/Fintech/esports/egaming/cyber Security and blockchain.
— DiscoverCardano (@DiscoverCardano)
5:10 AM • Mar 17, 2024
We're hosting another #Cardano networking event next month in London on April 13th!
We'd love to see you there, we'll have free food and drinks at the start!
We purchased a beautiful venue to allow users and builders to network and build a better #Cardano.
RSVP link:👇— Atrium Lab (@atrium_lab)
4:38 PM • Mar 16, 2024
🗓️ Set those reminders so you don't miss this up close and personal Twitter Space on NMKR & @Padierfind.
x.com/i/spaces/1gqxv…
— NMKR (@nmkr_io)
7:18 PM • Mar 18, 2024
💬 Get in Touch
That's all for now!
Feels a bit brief? Don’t worry, we’re right there with ya!
We’re starting off slow, as our first priority is longevity. We’ll be building out our platform over time.
As they say, slow and steady wins the race!
If you have any feedback or questions, please reach out to us by email or by sending us a DM on Twitter.
Thanks for reading!
Please note that the content provided in this newsletter is intended for informational purposes only and should not be construed as financial, investment, legal, or tax advice. Always consult with a qualified professional for guidance before making any significant decisions.