Arweave Weekly Highlights: Week 33 (PermaDAO Edition)
Arweave data from last week: The mainnet completed a total of 23,404,437 transactions, achieving 410.4 GB of storage in a single week!
This week's storage cost is 0.799 AR/GB, with an increase of 828 on-chain addresses!
PermaDAO distributed a total of 741.13 $AR as contribution incentives last week!
Weekly News Summary
🔥 ArConnect 1.0 is live, providing the first audited wallet for the Arweave ecosystem with enhanced security and a new UI/UX.
🔥 BazAR, the atomic asset trading marketplace for the Arweave ecosystem, is officially introduced!
🔥 PermaDAO announces strategic collaboration with DeThings.
🔥 "Unleash Arweave" storage subsidy campaign introduced by PermaDAO in collaboration with 4EVERLAND and everVision.
🔥 PermaDAO announces Arweave Day in Asia event once again, and everVision has also finalized the list of on-site guests, sponsors, and partners.
🔥 ReadON releases version 1.5.8, introducing the "Trending Projects" feature.
🔥 ReadON partners with Bitcoin.com to bring economic freedom and content democracy to a wider audience.
🔥 RedStone announces integration with Scroll.
🔥 RedStone collaborates with Galxe and CIAN to host the first cooperative event - RedStoneExpedition.
🔥 RedStone's swETH price feed gains broad application in DeFi and integrates with the Sommelier protocol.
🔥 Mask Network's latest version (v2.21.6) now supports the Base chain.
🔥 Bundlr teams up with CyberConnect to promote the adoption and development of Web3 technology.
🔥 Untamed Elephants uploads NFT artworks to ArDrive for permanent data storage.
🔥 Co-founder of Mind Network was selected as a member of the fourth cohort of the Ethereum Protocol Fellowship (EPF) and received a program grant from the Ethereum Foundation.
Project Progress
ArConnect 1.0 is live, providing the first audited wallet for the Arweave ecosystem with enhanced security and a new UI/UX.
ArConnect has undergone a complete redesign and reconstruction, using an innovative browser extension framework to make using the extension seamless and enjoyable.
ArConnect 1.0 introduces new features, ArConnect Devtools and ArLocal Devtools, to enhance developer workflows.
https://twitter.com/arconnectio/status/1691118590135529473?s=20
BazAR, the atomic asset trading marketplace for the Arweave ecosystem, is officially introduced!
BazAR is an atomic asset trading marketplace that uses Arweave IDs to store data, ensuring assets are fully stored on the blockchain and cannot be deleted or modified.
BazAR is the first frontend interface built on top of the Universal Content Marketplace (UCM) protocol. Unlike traditional NFTs, BazAR supports fractional ownership of atomic assets, allowing users to buy/sell and own portions of assets on the BazAR interface.
The first NFT series, Permaweb Mfer, has been launched, and users can purchase it using $U. $U can be acquired by burning AR or through trading on Permaswap.
https://twitter.com/OurBazAR/status/1692189646112075921?s=20
https://twitter.com/everVisionHQ/status/1692460161221501392?s=20
Permaswap Bi-Weekly Report: Milestone in trading volume, voting activity, and latest statistics.
Permaswap achieved a significant milestone in trading volume over the past two weeks, reaching a trading volume of 2 million USD.
Users were invited to participate in voting, and based on feedback, the most requested new feature to be added to the platform is Limited Order.
Permaswap's current total value locked is 214,681 USD, with 9 liquidity pools and 11 liquidity providers.
https://twitter.com/Permaswap/status/1691389833111822336?s=20
PermaDAO announces Arweave Day in Asia event once again, and everVision has also finalized the list of on-site guests, sponsors, and partners.
Arweave Day in Asia, hosted by everVision, will bring together builders and believers of Arweave on September 12th at The Art House in Singapore, the city's oldest museum.
https://twitter.com/perma_dao/status/1692514708191052126?s=20
"Unleash Arweave" storage subsidy campaign introduced by PermaDAO in collaboration with 4EVERLAND and everVision.
Through the "Unleash Arweave" campaign, uploading data under 150kb to Arweave on the 4EVERLAND platform will receive full storage fee subsidies, and data uploads exceeding 150kb can receive up to 90% storage fee subsidies.
The campaign aims to encourage users and developers to adopt Arweave for decentralized eternal network storage of data, promoting the widespread use of Web3 infrastructure.
https://twitter.com/perma_daoCN/status/1692119669736673479?s=20
PermaDAO announces strategic collaboration with DeThings!
DeThings is a leading Web3 media platform based in Singapore, and will collaborate with PermaDAO to explore Web3 premium content and host cutting-edge Web3 events.
https://twitter.com/DethingsNews/status/1692491530794127430?s=20
Bundlr teams up with CyberConnect to promote the adoption and development of Web3 technology.
CyberConnect is a Web3 social network that enables developers to create social applications, allowing users to have their own digital identity, content, connections, and interactions.
https://twitter.com/BundlrNetwork/status/1690949745660055552?s=20
ReadON partners with Bitcoin.com to bring economic freedom and content democracy to a wider audience.
Bitcoin.com is a globally leading cryptocurrency platform, providing user-friendly educational materials, news, and products.
Bitcoin.com becomes one of ReadON's first blockchain content partners, further solidifying its position as a trusted source of cryptocurrency news and information by providing verified, upgraded, and branded content creator pages.
https://twitter.com/ReadOnMe3/status/1691013959497994240?s=20
ReadON releases version 1.5.8, introducing the "Trending Projects" feature.
ReadON introduces the new "Trending Projects" feature, allowing users to learn more about recent trending projects.
The "Trending Projects" feature is in its early stages and will be gradually refined based on recommendation algorithms.
https://twitter.com/ReadOnMe3/status/1691475001692864512?s=20
RedStone collaborates with Galxe and CIAN to host the first cooperative event - RedStoneExpedition.
Galxe is a leading platform for building Web3 community. It boasts over 11 million independent users to date, driving the development of Optimism, Polygon, Arbitrum, and over 2,700 partners through reward-based loyalty programs.
CIAN is a decentralized automation platform that helps users profit from DeFi yield opportunities securely and efficiently.
Completing tasks in RedStoneExpedition can earn exclusive OAT (On-chain Achievement Token).
https://twitter.com/redstone_defi/status/1691827294816682238?s=20
RedStone announces integration with Scroll.
Scroll is a zkRollup based on zkEVM, aiming to scale Ethereum through retained trust, openness, and execution capabilities.
Sepolia is Scroll's final testnet before the zkEVM mainnet, providing scalable Ethereum and flexible data sources.
RedStone's integration with Scroll enables builders to utilize scalable Ethereum and flexible data sources on the Sepolia Testnet.
https://twitter.com/redstone_defi/status/1692235095304986757?s=20
RedStone's swETH price feed gains broad application in DeFi and integrates with the Sommelier protocol.
RedStone's swETH price feed was initially created for Swell, a non-custodial ETH staking protocol to optimize DeFi yields.
Sommelier, a decentralized asset management protocol based on Cosmos SDK, has integrated swETH price data to enhance asset management and optimization.
https://twitter.com/redstone_defi/status/1692574274605793339?s=20
Untamed Elephants uploads NFT artworks to ArDrive for permanent data storage.
Untamed Elephants is the first charity-driven NFT community on Ethereum and Ordinals. They work closely with non-profit organizations to understand and protect elephants.
Untamed Elephants uses ArDrive for permanent NFT storage, aiming to become a benchmark for innovative Web3 projects in the future and operate a model elephant rescue center in Asia through their resource connections.
https://twitter.com/ardriveapp/status/1691785628290339101?s=20
Co-founder of Mind Network was selected as a member of the fourth cohort of the Ethereum Protocol Fellowship (EPF) and received a program grant from the Ethereum Foundation.
@Mason_173, co-founder of Mind Network, has been selected as a member of the fourth batch of Ethereum protocol scholars. As a researcher, he will collaborate with Ethereum core developers and researchers.
https://twitter.com/mindnetwork_xyz/status/1692105187056615755?s=20
Mask Network's latest version (v2.21.6) now supports the Base chain.
Users can check their assets on Base through the dashboard.
Users can tip others with tokens and NFTs on Base.
https://twitter.com/realMaskNetwork/status/1692175207136674073?s=20
Ecosystem Education
Mind Network posts about and compares Fully Homomorphic Encryption (FHE) and Multi-Party Computation (MPC).
FHE and MPC are important privacy solutions for Web3 and AI.
FHE is like a locked box that can perform computations on encrypted data, and the result can only be decrypted with the decryption key.
MPC is like friends solving a puzzle together, keeping their information private. It allows parties to collectively compute the required function without revealing each other's inputs.
https://twitter.com/mindnetwork_xyz/status/1691005575897968640?s=20
KYVE highlights the three main network roles in this week's fromtheArKYVE event.
KYVE, a decentralized data lake, involves three key roles in its core protocol layer: funders, validators, and delegators.
Funders can provide funds for data pools, validators achieve decentralized data archiving and verification through data validation, and delegators help KYVE achieve maximum security and decentralization by staking tokens to validators.
https://twitter.com/KYVENetwork/status/1691804839083143258?s=20
Molecular Execution Machine (MEM) showcases building fast and scalable DApps on MEM through examples.
Seven MEM-based application cases: Arweave social metadata layer, Multichain identity attestation, RSS-compatible content publishing protocol, Simple RedStone oracle caller, ANS contract, Arweave-based public square with Ethereum auth and Token-gating PoC.
https://twitter.com/mem_tech/status/1692519609713201464?s=20
Translator: Kyle @ Contributor of PermaDAO
Reviewer: Saiee @ Contributor of PermaDAO
Web3 is accelerating and Arweave will be adopted by more developers as an infrastructure, creating a new and richer ecosystem. PermaDAO is a community of co-builders for just this purpose. Everyone involved can find a role here to contribute to the Arweave ecosystem, and any proposal or task related to Arweave can be posted here and supported by the entire community. Join PermaDAO and build Web3!
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