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Welcome back to ThinkGrowCryptoMedia! Your Cardano-biased, news media outlet for your blockchain-knowledge needs.
Hope you’re ready for your weekly dose of excitement from the ever dynamic world of Cardano - where “dull” is clearly not in our vocabulary!
Kicking things off with Iagon’s mainnet launch. Then, steering into the degen lane, the Memecoin frenzy has been in full swing, with SNEK leading the charge.
On the growth front, we’ve witnessed a remarkable 25% increase in active addresses. With DexHunter claiming its throne, accounting for 50% of all trades.
Switching gears to the broader scene, the Wyoming Stable Token commission had a noteworthy session this week. They put the spotlight on Cardano, followed by a delve into account-based blockchain.
Potential blockchains were discussed at the Wyoming Stable Token commission this week.
They kicked off with Cardano, and then moved on to account based blockchains. #Cardano $ADA twitter.com/i/web/status/1…
— St₳kΣ with Pride 🌈 (@StakeWithPride)
3:49 PM • Dec 23, 2023
Let’s get into it 👇
📊 Cardano Ecosystem Stats
🚀 Cardano Headlines
Decentralized storage on Cardano, spearheaded by Iagon, is not just an innovation - it’s a seismic shift in digital storage, happening right now!
Picture a world where your digital storage is a fortress, not just a folder in the cloud. That’s the vision Iagon is bringing to life, it’s a big moment for everyone, from tech enthusiasts to everyday web users.
🚀 Mainnet Liftoff! 🎅Santa delivered the present🎁!
🌟 Iagon is now live on @Cardano mainnet, marking a stellar day in our ecosystem development.Our promise fulfilled, our vision realized to start this journey - our innovative products are ready for you! Join us as we embark… twitter.com/i/web/status/1…
— Iagon 🧑🚀💽 (@IagonOfficial)
4:35 PM • Dec 24, 2023
The game-changer here is the blend of cost and security. Iagon offers top-tier encryption and security at about half the price of traditional services like Google Cloud. This is a significant development, especially considering that some major blockchain platforms still rely on centralized services.
But Iagon is more than just a storage solution. It’s an evolving ecosystem aimed at enhancing your digital life. From personal file storage that rivals Dropbox in convenience (but with better security), to decentralized web hosting that fortifies your online presence against traditional vulnerabilities. And for the Web3 enthusiasts, Iagon’s LedgerFlow is like a financial wizard, simplifying complex transactions and payroll management.
However, it’s important to remember that Iagon is relatively new in the space. Like any pioneering technology, its journey may have challenges and learning curves. While the potential and vision are exciting, the path to becoming a proven success in the competitive world of digital storage and blockchain technology is not guaranteed. This newness is a factor to consider for those looking to jump in on this promising venture.
In essence, Iagon’s launch on Cardano is setting the stage for a future where our digital data is more secure, private and under our control.
In Other News
💸 Blockchain Headlines
MicroStrategy has acquired an additional 14,620 BTC for ~$615.7 million at an average price of $42,110 per #bitcoin. As of 12/26/23, @MicroStrategy now hodls 189,150 $BTC acquired for ~$5.9 billion at an average price of $31,168 per bitcoin. $MSTR microstrategy.com/en/investor-re…
— Michael Saylor⚡️ (@saylor)
1:04 PM • Dec 27, 2023
Another day, another BTC-buy from MicroStrategy!
Regardless of your opinion on the OG-blockchain’s price outlook, you have to give Saylor & Co credit for sticking to their guns. 🫡
In Other News
After a brutal stretch, a remarkable thing is happening: Cryptocurrencies are surging
Epic Games Store Changes Policies to Allow Blockchain Games in Its Platform Again
Warning: Poorly Secured Linux SSH Servers Under Attack for Cryptocurrency Mining
Nigeria’s central bank loosens rules for banks facilitating crypto transactions
📢 Cardano Community Corner
From decentralized-storage solutions hitting main net to a fresh surge of meme-mania, the Cardano Community never sleeps! Let’s check in on what the talk of the town has been this week.
Dear #Cardano Wallet Builders,
As my gift to you I've decided to give you the ultimate UX hack for #BuildingOnCardano. Please implement the following warning immediately before all transactions to save users from themselves.
Sincerely,
Guy who reads his txns.— Adam Dean (@adamKDean)
1:37 AM • Dec 24, 2023
Introducing Managed Wallets – the seamless way to onboard new users to #Cardano.
Create & manage wallets effortlessly through #NMKR Studio or our API.
Advantages:
🟢 Generate wallets en masse, no complex UI
🟢 Non-custodial & secure - NMKR generates them for you & can't access… twitter.com/i/web/status/1…— NMKR (@nmkr_io)
6:28 PM • Dec 21, 2023
*How to run an Iagon Storage Node in TrueNAS Scale*
I imagine this one is more likely to have other people trying to do the same thing, since this is the primary purpose of a NAS.
First you'll want to create a new NFS share. It's important to use root as maproot user here.
— $cerkoryn (@Cerkoryn)
2:56 AM • Dec 25, 2023
v0.6 fresh out of the oven.
🤓 What's new?
- reduced compilation time🚀
- reduced script sizes 🔍
- improved on-chain performances (both mem and cpu)🔥Santa left a whole new compilation process under the tree 🎅🎄
— plu-ts (@plu_ts)
4:04 PM • Dec 24, 2023
2024 will be the year of RWA Tokenization.
I'm happy that we at @nmkr_io have established ourselves as a pioneer in this direction and I fully expect that Cardano will become a major platform for Tokenization.
We're currently preparing some massive Tokenization projects and… twitter.com/i/web/status/1…
— Patrick Tobler (@Padierfind)
7:13 PM • Dec 26, 2023
Now on eutxo.org you can see versions of all scripts and also the ratio between Plutus v1 and v2 versions. #eutxo#cardano
Many popular DeFi projects are still running on v1...— Peter Oravec - $eutxo.org (@oravecpeter)
8:05 PM • Dec 25, 2023
Cardano has surpassed $400m TVL 🚀
— TapTools (@TapTools)
6:42 PM • Dec 22, 2023
Some really cool stuff being built in public on Cardano nowadays.
github.com/zkFold/zkfold-…
ZKFold Symbolic: a Zero-Knowledge Smart Contract Language ()
— phil (@phil_uplc)
4:34 PM • Dec 26, 2023
dear mfers,
i have the pleasure to officially announce the release of the @oldmoney app that we've been working on with @mfercollector and his team for some time now.
the 1st-phase idea of this app is to introduce key aspects of the project to new comers and normies, and then… twitter.com/i/web/status/1…
— Trix (@RTrixson)
2:21 PM • Dec 23, 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…
Who loves potatoes?…. (more like, who doesn’t love potatoes?)
Well, then you’ll have a soft-spot for $STARCH, a fun-and-mineable PoW chain built on top of Cardano!
If you’re interested in getting in on some C6H10O5 (yes, we had to look that up), then head over to JPG Store to grab your NFT miner. You can get more info on the project here as well.
And remember: this isn’t for investment, purely for fun!
💬 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.