Skip to main content

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
Post a Comment

Cardano Launches Testnet to Move Closer to Smart Contracts, Polymarket Odds Bet Against Project

Cardano Launches Testnet to Move Closer to Smart Contracts, Polymarket Odds Bet Against Project

On July 14, IOHK, the Cardano network developers, announced the project’s latest testnet called Alonzo white has been deployed. IOHK detailed that it has onboarded new participants and the move will help the project move “closer to smart contracts.” Two days later, a Cardano-based project called Spores raised $2.3 million to build a non-fungible token (NFT) and decentralized finance (defi) marketplace.

Cardano Launches Alonzo White

This week the Cardano (ADA) network launched the project’s successful hard fork of the Alonzo Blue testnet to the Alonzo White node. The upgrade aims to increase participation but also will help bolster functional Cardano-based smart contracts.

“Hard fork successful,” IOHK tweeted on Wednesday. “Delighted to report around 19.44 UTC today we successfully forked the Alonzo testnet to the new Alonzo White node. The new network is happily making blocks already. Over the past week, we have spun up a new network and onboarded our new intake ready to help us move us closer to smart contracts. Now the next stage of the journey begins,” IOHK added.

The recent testnet upgrade follows the recent backlash the founder of Cardano, Charles Hoskinson, saw on Twitter in recent times. Hoskinson was criticized for making projections that hadn’t satisfied some of the expectations within the crypto community.

“As well as our core SPO group, we’re now joined by members of the Project Catalyst crew and more Plutus partners. Plus a few more pioneers to move us forward before opening up further. You can hear more about the journey in our mid-month update,” IOHK said on Wednesday.

Full-Stack NFT and Defi Marketplace Project Spores Raises $2.3 Million

On Friday, a Cardano-based project called Spores revealed the startup has raised $2.3 million in new funding. According to the announcement, Spores aims to build “the first full-stack NFTs and decentralized finance (defi) marketplace.” Investors who participated in the Spores funding round include NGC, SVC, Exnetwork, SL2, Twin Apex, Focus Labs, Maven Capital, OIG, and Vivian Capital.

Duc Luu, the Spores’ executive chairman, hopes the company can become a crypto-infused marketplace similar to the likes of giants like Alibaba. “We will launch Asia’s premier NFT marketplace and decentralized financing tools to be the Alibaba and Alipay of the crypto world,” Luu said in a statement on Friday.

Polymarket Odds Bet Against Cardano Producing Smart Contracts by October 1

Meanwhile, a polymarket prediction market has been launched that shows participants wagering on whether or not Cardano will release smart contracts by October 1, 2021. At the time of writing, the prediction market betting on Cardano smart contracts has $255,075 in trade volume. Odds show it is currently 58-42 against the project producing functional smart contract technology by that date.

Cardano Launches Testnet to Move Closer to Smart Contracts, Polymarket Odds Bet Against Project
The polymarket prediction market odds on July 16, 2021.

Additionally, two days ago, Bitcoin.com News columnist Terence Zimwara reported on Save the Children in Rwanda partnering with the Cardano Foundation. The arrangement became possible after Cardano “installed a payment gateway that allows [cardano] donations to come directly to the project without intermediaries,” the report notes.

What do you think about IOHK launching the Alonzo White testnet and the recent Spores’ fundraise? What do you think about the polymarket prediction market betting on the outcome of Cardano smart contracts? Let us know what you think about this subject in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet

On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further improve the security of all the products.” Consensys Obtains Mycrypto Ethereum Wallet, Plans to Merge With Metamask in the Future Consensys has acquired the Ethereum-based wallet Mycrypto for an undisclosed sum according to an announcement released on Tuesday. The deal aims to strengthen the company’s Ethereum wallet Metamask and “enhance Web3 experiences.” The eventual merger between the two Ethereum interfaces will “provide users with a heightened experience that is even more extensive and secure,” according to Consensys. Consensys is an Ethereum software company led by one of the Ethereum co-founders Joseph Lubin. The Web3 wallet Metamask, with 21 million monthly active users (MAUs) is owned by C...
Post a Comment
Read more

The Congolese Mountain of Gold: Surprise Discovery in Africa Shows Metal’s Scarcity Is Hard to Prove

A myriad of gold bugs like to compliment the yellow precious metal for its ostensible scarcity, as estimates say only 2,500 to 3,000 tons of new gold is produced annually. While new gold discoveries have seemingly slowed, investigative studies also show that in some areas, gold is being smuggled into the economy by the ton, and often never accounted for as far as per annum issuance estimates. Recently, reports show a whole mountain of gold was discovered in the Congo, as the Democratic Republic of the Congo is well known for being a region that sees tons of smuggled gold filtered into the global financial system unreported. Surprise Gold Deposits Continue to Crack the Precious Metal’s Scarcity Proposition It has always been said that the precious metal gold (Au) is scarce, and some reports even say that gold mining on earth will end by the year 2050 . Additionally, estimates also show that there’s roughly 2,500 to 3,000 tons of new gold that is accounted for and enters into the fin...
Post a Comment
Read more

Bitcoin Legal Tender in 3 Days but Survey Shows 7 Out of 10 Salvadorans Want Bitcoin Law Repealed

Bitcoin is becoming legal tender in El Salvador in three days. However, a nationwide survey conducted by the University Institute of Public Opinion (Iudop) shows that seven out of 10 Salvadorans want the government to repeal the Bitcoin Law. El Salvador’s Bitcoin Law Goes Into Effect in 3 Days The University Institute of Public Opinion (Iudop) in El Salvador conducted a study between Aug. 13 and Aug. 20 of how the public views the country’s upcoming Bitcoin Law. The institute is a research center of the José Simeón Cañas Central American University (UCA). El Salvador’s Bitcoin Law is set to go into effect on Sept. 7 , when BTC will be legal tender in the country alongside the U.S. dollar. A total of 1,281 respondents ages 18 and over participated in this national survey that “represents the entire adult population residing in the country,” according to the institute. Out of all the respondents, 62.4% said they were aware of the approval of the Bitcoin Law by the deputies of the ...
Post a Comment
Read more