This edition is packed with valuable insights into Cardano's latest developments. Today's edition is brought to you by Rare Evo, the biggest blockchain convention!
We've filtered through all the noise to distill crucial updates into a breezy, 5-minute read. No need for you to sift through endless info — we've got you covered. Ready to delve into this week's top Cardano news? Let’s dive in.
Here are the topics of the week:
NuNet announces its alliance with the Linux Foundation Edge
IAGON and Dedium announces partnership to advance the DePIN industry
Cardano introduces Sky Protocol, a universal data availability Layer 2 protocol
Chains of War is now available on Epic Games
Rare Evo will be hosting a blockchain convention from August 15th–17th at Ceasar’s Palace in Las Vegas, Nevada
Weekly Development Report IOG
& More!
This week on Cardano…
NuNet announced its alliance with the Linux Foundation Edge
NuNet, a tech startup focused on building a decentralized computing framework, announced this week its alliance with Linux Foundation Edge and Cloud Native Computing Foundation, two umbrella organizations committed to pushing the boundaries of decentralized computing.
As an open-source, serverless peer-to-peer platform, NuNet enables secure exchanges between autonomous devices and artificial intelligence or machine learning agents. Powered by the NuNet Utility Token (NTX), NuNet allows users to monetize their hardware and data, contributing to a global economy of cloud computing. The platform operates cross-chain, running on Cardano, Ethereum, and Binance Smart Chain.
By entering into these partnerships, NuNet’s focus will be on enhancing connectivity, security, and efficiency in decentralized computing applications, driving significant advancements in edge computing, Artificial Intelligence, and Internet of Things technology. Read More
IAGON and Dedium announced partnership to advance the DePIN industry
Along the same lines, IAGON also announced its partnership with Dedium, a decentralized network providing access to graphics processing unit (GPU) resources for artificial intelligence and machine learning training, rendering, and more.
Iagon is a global tech decentralized autonomous organization (DAO) with a mission to build a shared storage economy with data compliance, privacy, and security. The platform uses advanced decentralized data sharding, which involves splitting and distributing data across multiple nodes. This method enhances security by making data fragments inaccessible to unauthorized users. Dedium in turn is a decentralized computing platform built on Cardano, designed to enable users to monetize their GPUs. By contributing GPU power, participants earn DEDI tokens, fostering a more accessible and cost-effective computing environment and democratizing access to GPU resources.
Together, Iagon and Dedium will advance the Decentralized Physical Infrastructure Network (DePIN) industry on Cardano. As Cardano's shared storage economy, Iagon announced that it will work to meet Dedium’s storage needs. Client-shared files will be encrypted, fragmented, and stored across multiple nodes for complete privacy, with only the task-performing node and the client having the keys to reassemble the files.
This partnership is just another example of how the DePIN sector on Cardano is growing and driving innovation. By fostering innovation and integration across various platforms such as these, Cardano is set to make a substantial impact in the decentralized infrastructure landscape. Read More
Cardano introduces Sky Protocol, a universal data availability Layer 2 protocol
This week, Cardano also introduced Sky Protocol, a universal data availability Layer 2 protocol that maximizes scalability and interoperability. Sky Protocol aims to propel the Cardano ecosystem to be faster, private, and censorship-resistant, all while being protected by a shared Data Availability Network. The team is composed of former Glow language developers, commissioned by IOHK.
Sky Protocol proposes a universal scalability architecture for Cardano side chains. Scaling side chains on Cardano necessitates a robust Data Availability Solution. Sky Protocol offers a capital-efficient approach to address this challenge, ensuring all Layer 2 decentralized applications on Cardano can function smoothly and effectively.
Among the key benefits listed by Sky Protocol, you can find enhanced data availability, a cohesive and cost-efficient network, time-locked blinding of data for greater security, Layer 2 versatility, a continuum of validation options, lower transaction costs, expanded functionality, and more. Read More
Chains of War is now available on Epic Games
Chains of War announced this week that it is available for download on the Epic Games Store! This game supports or includes the use of Blockchain, NFT technology, or Cryptocurrency. It allows players to mint their digital loot, enabling them to trade their purchases and earned items freely. Players can also convert in-game currency to a cryptocurrency called $MIRA, providing an opportunity to earn real-world money.
Chains of War is being developed using Unreal Engine 5, in combination with the Cardano blockchain and the Midnight blockchain. Players have full control over their in-game assets, allowing them to resell, trade, or use them as they see fit. Besides the monetary value, the integration with the Midnight blockchain enhances anti-cheat measures and offers superior privacy protection compared to traditional systems.
A Free-to-Play PVPVE PC game in active development, Chains of War is set in the richly crafted fantasy world of Tyrrha. Immerse yourself in conflict where Orcs, Elves, and Humans clash for supremacy. Will you embody the struggle of an enslaved Urthnaki fighting for liberation, or the ambition of a Duxa royal amassing precious Mira stones? Your choices shape your destiny in this epic saga of power and freedom. Read More
The Countdown Begins: Rare Evo will be hosting a blockchain convention from August 15th–17th at Ceasar’s Palace in Las Vegas, Nevada
Mark your calendars! Rare Evo, a blockchain event that welcomes multi-chain projects, communities, industry leaders, investors, and enthusiasts will be hosting a convention from August 15th to August 17th at Ceasar’s Palace in Las Vegas, Nevada.
The event offers a space where attendees can network, educate, and celebrate around the theme of interoperability and the convergence of traditional industry with Web3 technology, all the while promoting an inclusive blockchain agnostic approach.
Beyond the expo hall, where blockchain professionals can network and gain brand exposure, education will be the central pillar at the main stage auditorium, hosting leaders of the space in panels, fireside chats, and keynote speeches. The event will also have breakout rooms which will contain workshops, hackathons, lectures, and shared co-working space, offering an intimate and collaborative setting throughout the event.
Attendees can take a break from business anytime and enjoy interactive experiences, such as art installations, Web3/traditional gaming tournaments, and a wide variety of dining options and resort amenities at Caesars Palace, Las Vegas. VIP ticket holders will receive hot breakfast, lunch, exclusive merch pack as well as food alongside drinks during the VIP Kickoff Party at the Caesars Palace Pools.
Thursday, August 15th will consist of Industry day, including booth build out followed by an exclusive kick-off party for sponsors, VIP ticket holders, and special guests. Friday and Saturday will provide two full days of exhibition and programming, followed by after parties each night for all attendees. Rare Evo is hosted in The Octavius Ballroom located in Caesars Palace, Las Vegas. Read More
Tickets are available in GA or VIP, are limited in supply, and will increase in price over time. Be sure to secure your tickets today in order to obtain the lowest available price! Lucas Macchiavelli also received a Discount Code for this event that it wants to share with the community! If you buy a pass using the code “LUCAS” you will get a special discount!
Weekly Development Report by IOG
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