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The TGCm Weekly RunUp
June 21, 2023
Welcome back to ThinkGrowCryptoMedia! Your Cardano-biased, new media outlet for your blockchain-knowledge needs.
While the price of ADA compared to both USD and BTC continues to trudge lower and lower, there’s somewhat of a bull market occurring in CNT (Cardano Native Token) Land.
Our take? We sure aren’t complaining, but be careful out there! The current climate is about as volatile as it gets, especially regarding the SEC’s attention towards ADA.
Oh yea, and it looks like Charles is on the hunt for extraterrestrial artifacts. We wish him all the best in such endeavors; super cool stuff! 🫡
Let’s take a look at what else is happening. 👇
📊 Cardano Ecosystem Stats
🚀 Cardano Headlines
Cardano isn’t just another player in the crypto game, it’s literally changing how the game is played. Sure, Ethereum might have paved the initial road; but Cardano’s eUTxO model is building highways to the future and beyond.
With its unique ability to bundle multiple operations and create efficient smart contracts, Cardano is poised to redefine the landscape of blockchain technology.
Cardano or Ethereum? Which will pave the way for innovation?
📚We just published a new blog: Leveraging the Power of UTxOs: A Comparative Study with #Etherum's #EVM
🪂Dive into the transformative potential of #Cardano's eUTxO model 🧙
Check it out 👇
— Maestro (@GoMaestroOrg)
8:08 PM • Jun 20, 2023
In Other News
💸 Blockchain Headlines
Remember that SBF person? If you’re reading a newsletter like this, then of course you do. It’s hard to find another individual who rocked the crypto-world more than him (and his polycule) did in the past couple of years.
Well, surprise-surprise: the Feds are dropping five of the thirteen charges levied against the fraudster. The reason for this? According to Tekedia, the prosecutors “did not provide any explanation” for it. So much for government-liability.
You can read the rest of the depressing article here.
In Other News
📢 Cardano Community Corner
From product updates to technical innovation, the Cardano Community never sleeps! Let’s check in on what the talk of the town has been this week.
These are the crypto rankings tradfi institutions will find on the only app that really matters to them (@TheTerminal). Cardano in 5th, no stable coins or staked ETH removes the noise (take note @CoinMarketCap@coingecko). Good luck stopping them from buying ADA
— ADA whale (@cardano_whale)
3:50 AM • Jun 21, 2023
No date but most of the work is now done. The current focus is on preparing the testnet for public release.
— Axo (@axotrade)
10:43 PM • Jun 18, 2023
ICYMI: the #EssentialCardano development update is live and packed full of all the details of what’s been going on development-wise on #Cardano.
Check it out now!
— Input Output (@InputOutputHK)
4:30 PM • Jun 18, 2023
This is a big deal #CardanoCommunity.
Those missed slots that happened on every epoch transition have been fixed on Cardano Node 8.1.1.
What’s better than the most decentralized blockchain? The most decentralized blockchain without any missed slots!
Go #Cardano!
— $conrad (@conraddit)
11:16 PM • Jun 19, 2023
Experience #Cardano Staking with VESPR.
New update. Available now on iOS and Android.
— V E S P R (@vesprwallet)
1:55 PM • Jun 20, 2023
Cardano Rumor Rundown June 20, 2023
1) Cardano Node 8.1.1 is out. github.com/input-output-h…— Army of Spies (@ArmySpies)
6:24 AM • Jun 20, 2023
We're proud & humbled that the Catalyst Fund10 Challenge Building on NMKR is now live!
394,800 ADA are available for projects building using the NMKR API.
The category is all about making the @Car@Cardano ecosystem more open & accessible. https://twitter.com/i/web/status/1…/
— NMKR (@nmkr_io)
5:45 PM • Jun 21, 2023
🚨Attention all SPOs!🚨
Below, you can find the application form for Minswap LP $ADA Delegation.
The vote on how the $ADA will be delegated is currently still ongoing. Applications will be accepted until the vote ends in 2 weeks.
👉
— Minswap Labs (@MinswapDEX)
3:02 PM • Jun 20, 2023
1/3🎉Indigo Labs has officially open-sourced the Indigo Protocol Rewards Tool!
This tool will help estimate $INDY rewards and #APR for both Liquidity Pools and Stability Pools, making a significant step in reward calculation transparency.💡 #OpenSource
— Indigo | Synthetic Assets on Cardano (@Indigo_protocol)
6:13 PM • Jun 20, 2023
🚀 Exciting news from the Milkomeda Incubator Team!
🌟 We're thrilled to announce not just 1, but 3 groundbreaking projects coming to Milkomeda!
Introducing:
🔹 @FluidTokens
🔹 @UnitedX_finance
🔹 @SociousDAOCheck a 🧵 to learn more about these incredible projects!
— Milkomeda (there is no token) (@Milkomeda_com)
8:37 AM • Jun 19, 2023
📊100hr stats of our new onchain Tower Defense game
🔥Over 1500 games played!
💯 Over 10,000 transactionsUsing Paima's custom L2 solution, it has only cost us $25 to settle all 1500 matches to the L1 (Milkomeda @Milkomeda_com) 💪
— Paima Studios (@PaimaStudios)
4:07 AM • Jun 18, 2023
GitHub Weekly Development Activity:
#1: 56 Hydra
#2: 54 Aiken
#3: 45 Cardano Node
#4: 44 Yoroi
#5: 36 Spectrum Finance
#6: 34 Marlowe
#7: 17 Mithril
#8: 13 Blockfrost
#9: 9 TeddySwap
#10: 8 Daedalus— Proof of Cardano (@ProofOfCardano)
2:00 PM • Jun 19, 2023
🖌 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…
Ever get curious about the first documentary that’s been chronicled on Cardano? No need to look further.
Church was minted to the blockchain on December 24th, 2021. It was directed, edited and filmed by Yogurt Burke. We highly suggest checking it out, as both an inspiring story and to hear some funky jams.
A group of Oakland Californian musicians come together to turn their living room into a venue for local musicians to come freely every Sunday for a year and half to jam and learn the importance of community.
📢 Cardano Transaction of the Week
💬 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.