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Home»Altcoins»Week in Review – April 29 – May 5
Altcoins

Week in Review – April 29 – May 5

NBTCBy NBTC18/05/2024No Comments4 Mins Read
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General Updates

Neo partnered with Fansland,a fan economy platform powered by blockchain and AI, to empower artists and provide consumers with new access to those in the entertainment industry. The partnership’s first initiative will entail sponsoring an event in Bangkok, Thailand, dubbed “the world’s first Web3 music festival,” which will occur later in 2024. Looking forward, Neo and Fansland plan to explore the possibilities of minting tickets to events on the Neo N3 and X blockchains, with tickets represented as NFTs that will offer exclusive holder rights.

Neo released information about the progress made in addressing the security breach that occurred on Feb. 8, 2023, involving unauthorized token transfers from the N3 migration service. As a result, tokens from one of the three addresses used by the attacker have been recovered.

nDapp integrated support for Gleeder into the dApp and app discovery platform. Gleeder functions as a gas station, making it possible for users to get GAS tokens without already having them in their wallet. Additionally, the NEXO multi-sig tool built by Neo Global Development was listed on the apps page.

Pixudi launched a new product, Multiverse, a set of NFT collections (dubbed universes) dedicated to the most popular blockchains integrated into its NFT board racing game. Participants will be able to perform quests associated with individual blockchains and earn NFTs, granting them access to future benefits (i.e., airdrops).

Neobox partnered with Mami, an AI-driven tool that helps individuals take their culinary experience to the next level. Mami helps users discover new recipes, plan meals, and track their nutrition. Additionally, Neobox released the token economic model for the upcoming release of the NEOBOX NEP-17 token.

GhostMarket integrated support for Moonpay, which allows users to purchase NFTs with fiat currency using a credit card, bank account, or PayPal.

Carrot Swap released information about the forthcoming Bunny NFT airdrop for participants in the first phase of its incentivized TestNet campaign for the AMM-based non-custodial exchange built on the Neo X sidechain. The NFTs will first deploy on the Neo X TestNet and redeploy to the same wallet addresses once the Neo X MainNet goes live.

FrankCoin airdropped 130,000 UTC tokens to wallets holding a minimum of 3,000 FRANK tokens. The airdrop was part of a celebration of Rodes Neo, FrankCoin’s moderator and game-and-quizmaster, achieving a milestone of 1,000 Twitter followers.

Meme2Earn launched a new meme campaign in collaboration with Berkay Berksun, a cryptocurrency content creator. The top 15 meme creators will share from a rewards pool equivalent to US $100 in TIPS tokens. The top 3 will be selected by the number of Twitter followers a user has, the number of upvotes the meme received, and a team decision by Meme2Earn OG token holders and the Berkay Berksun team. The contest is live and runs through May 13.

Flamingo shared statistics on the FLUND single-sided staking token for week 17 of 2024, noting approximately $10.31 million in total value, $3.88 million in total minting rewards, and $913,000 in total trading fee rewards.

Developer Updates

Neo SPCC rolled out a number of updates across major NeoFS components. Several enhancements have been made to the node implementation, API, and Panel frontend application.

NNT Catch Up

The Smart Economy Podcast launched a Gleam campaign to celebrate its second anniversary and will give away GAS and ETH to 11 lucky entrants. Participants can enter the contest by subscribing to the podcast, visiting its website, following it across social media accounts, and referring friends. The campaign concludes on May 7, 2024.

NNT editors hosted Crypto Coffee and Blockchain Beer Spaces #17 on the Smart Economy Podcast X. Topics of discussion included Bitcoin L2 solutions, Bitcoin core improvements, legal and regulatory developments in the US, and the recent BTC and ETH ETF launch in Hong Kong.

Neo shared a brief video highlighting the experience on the ground at the recent Paris Blockchain Week 2024, which took place at The Louvre.

Events

May 10: NNT editors hosting CC & BB #18 on The Smart Economy Podcast official X account.

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NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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