Everything EOS Weekly Report — July 11th
The Everything EOS Weekly Report publishes all of the latest news and updates from around the world in the EOS ecosystem.
The Everything EOS Weekly Report sources stories and updates from the community members that are part of the English, Chinese, & Korean EOS communities. The Everything EOS Weekly Report is the best place to catch up on all the latest news in EOS from all around the world.
This week includes:
- Let’s Talk GameFi & DAGGs
- Wombat Updates
- Helios Incubator Wave 4
- EOSIO Coalition Progress
- Yves on The CryptoCoinShow
- Architects of Consensus
- Mandel & RC Releases
- EOS Community Events
Let’s Talk GameFi & DAGGs
GameFi is the next big mega trend in crypto and no blockchains are better positioned than EOS to be the home of GameFi & DAGGs!
Our CEO Yves La Rose wrote a fascinating article this week on NASDAQ, entitled ‘Decentralized Autonomous Gaming Guilds Are Essential To Build Up GameFi.’ Decentralized Autonomous Gaming Guilds, or DAGGs, are a novel approach that merge the best attributes of decentralized autonomous organizations (DAOs) and gaming guilds. GameFi is a portmanteau of gaming and finance, whereby gamers play with capital in ways that were previously unimaginable. As Yves stated on recent interview, GameFi is the inevitable overlap between DeFi and NTFs that is leading towards the gamification of decentralized finance. In this article, Yves shares a detailed account of the rapidly growing popularity of Play-to-Earn games, the wide range of new opportunities that blockchains provide for the gaming community, an introduction to DAGGs, and an exciting exploration of DAGGs & GameFi will help empower gamers around the world!
Accompanying the NASDAQ article, Yves shared an excellent thread with a concise overview of the GameFi industry and a prediction that GameFi will onboard millions of people. While the gaming industry has traditionally operated with a “Pay-to-Play” model where gamers pay and earn in-game rewards that have no real-world value, blockchain technology has unlocked a new “Play-to-Earn” (P2E) business model where gamers earn crypto assets with real value. Popular P2E games like Axie Infinity are empowering millions of people to earn a living by playing blockchain games and the GameFi industry is growing exponentially with a recent valuation of over $40 billion. According to a recent report from DappRadar, an average of 1.17 million unique active cryptocurrency wallets interacted with blockchain games daily in the first quarter of 2022 and GameFi accounted for 52% of all blockchain activity during this period.
With the rapid growth of GameFi and new opportunities unleashed by blockchain technology, GameFi entrepreneurs have innovated new gaming mechanics such as leasing NFTs with scholarships that provide profit for both players & NFT owners. These new opportunities & gaming mechanics have set the stage for gaming communities to coordinate as DAGGs to further empower their collaborations and there may soon be autonomous gaming guilds that dwarf the GameFi industry today.
With the tremendous growth trajectory of GameFi and the unique advantages of our tools, EOS is in the perfect position to actualize these exciting possibilities and empower billions of gamers around the world. The majority of popular GameFi dApps are already built on EOS technology and 4 of the top 5 blockchain games are built on EOS EVM, as covered in our May 9th Weekly Report.
Highly successful games like Upland, which recently partnered with the NFL Players Association and FC Porto, are made possible by the power of EOS to easily mint over 60 NFTs per second and process over 100 million transactions per day. Many more world class games, such as Blankos and liquiid, are pioneering EOS gaming technology to create amazing experiences for millions of players and build metaverse worlds for the next generation games. The benefits of EOS will soon become even more pronounced in the GameFi industry as our community continues to innovate and release powerful new tools, such as Trust EVM, to usher in the next generation of GameFi. To learn more about how EOS will revolutionize the gaming industry with GameFi and DAGGs, read Yves’ insightful new article and join our community discussions on Discord.
Wombat Updates
Popular EOS wallet and gaming ecosystem Wombat recently released many exciting GameFi features and impressive growth statistics!
With over 2.4 million sign ups and 250k monthly active users, Wombat is one of the fastest growing blockchain & gaming ecosystems in the world. Twenty top tier game publishers have partnered with Wombat Game Studios, providing players with forty great blockchain games and over 1.2 million NFTs minted. For example, Wombat recently partnered with MineCrypto, a decentralized Minecraft server, which will empower one of the most popular games in the world with EOS. In addition to the wide catalogue of games developed by third-party partners, Wombat is also recently announced the fourth season of Wombat Dungeon Master, an exciting play-to-earn game & staking adventure on EOS where players can explore dungeons and find NFT treasures with heroic wombats!
Over 700k NFTs have been staked so far in Dungeon Master and new features are being added every season, paving the way for a bright future for Wombat and all kinds of games on EOS. Wombat players are also now further empowered with the newly announced Wombat Token, which users can earn by playing games, completing quests, and doing other fun activities in the Wombat ecosystem. To try this exciting gaming revolution with Wombat, you can download the Wombat App on iOS, Google Play, and Google Chrome. To learn more, you can also explore the Wombat Discord, website, and newly released whitepaper.
Helios Incubator Wave 4
Helios launched Wave 4 of their Incubator Light Program and released a new blog post to share their visions & exciting projects building on EOSIO!
The Helios Incubator is a free 8 week program that helps profit-driven EOSIO projects develop their business model and investment pitches. You can learn more about this program, weekly curriculum, and founders from past Incubator waves on the Helios Incubator page and blog. You can learn more about the founders in this wave on the new blog post and recent tweets from Helios promoting Hypha DAO, PurpleSeed, Dtailor, Betnow, ApexLoads, Nestr, and HokenTech. If you’re interested in participating in the next Helios Incubator Wave, you can submit your project for consideration in the next available Helios Incubator program here.
EOSIO Coalition Progress
The EOSIO Coalition is making tremendous strides to engineer more performance, technical efficacy, and profoundly helpful features in EOSIO!
This week, Yves La Rose shared an insightful thread with exciting alpha from the most recent EOSIO Coalition meeting. The top priority of the coalition is faster finality and the upgrade with recent RFPs will improve block finality from 180 seconds to 1-6 seconds. This huge increase in performance will unleash thrilling new possibilities for EOSIO chains, including native EOSIO IBC that is expected by the end of summer. In addition to native EOSIO IBC, nearly instantaneous finality will also dramatically improve EOSIO to ETH IBC and enable EOS to greatly increase the number of active block producers without sacrificing performance.
With so many talented teams building on EOSIO and a shared treasury for codebase improvements, the coalition’s collaborative approach is enabling rapid innovations on multiple fronts to ensure that EOSIO will be the best software for the next generations of dApps. You can learn much more about the exciting EOSIO developments in our EOSIO Coalition Reports and playlist of Coalition Meetings. You can also hear countless exciting insights from this week’s EOS Fireside Chat, with a fascinating in-depth discussion between our Director of Engineering Areg Hayrapetian & UX Network lead engineer Gnome.
Yves on The CryptoCoinShow
Yves La Rose joined the popular podcast Crypto Coin Show and shared a wonderful discussion about the ENF & EOS with Ashton Addison of BlockWest Capital. During this half hour long podcast, Yves spoke about our role in fostering the growth of the EOS Network, our unique funding mechanisms, GameFi on EOS, EVM compatibility, IBC, and much more!
In addition to this discussion, you can find many more interviews with Yves in our June 13th Weekly Report, including a recent interview with BSN with a fascinating exploration of his career and consummate work to ensure the success of the EOS Network.
Architects of Consensus — Determinism At The Root Level With Bucky Kittinger
Our developer series, “Architects of Consensus” returns with a fascinating, in-depth interview with ENF Principal Engineer, Bucky Kittinger!
Architects of Consensus is a series dedicated to shining a light on the unseen figures who are developing and advancing the most battle-tested, highly performant blockchain stack in the world — EOSIO. These are the intrepid explorers whose lives have traced the elliptic curves and merkle trees of blockchain technology to reveal its many potentials, and who have returned to share that knowledge with us.
In this wide-ranging and fun interview, we learn about Bucky’s notable projects, interest in EOS, developer community, life story, family perspectives, education in computer science & doctoral work, PhD in compiler theory, architecting of EOS VM, work on the EOSIO CDT (contract development toolkit), advice for builders, and much more!
This interview with Bucky is the second article in the Architects of Consensus series that provides enchanting explorations into the magic of EOS engineering. You can read the first interview with our Director of Engineering Areg Hayrapetian and imitable host Brandon Lovejoy to learn much more about the incredible developers working to make EOS more helpful for all. You can also listen to the May 4th EOS Fireside Chat to hear Brandon Lovejoy announce and share exciting visions for this developer spotlight series, Architects of Consensus.
“Any sufficiently advanced technology is indistinguishable from magic.”
Arthur C. Clarke.
Mandel & RC Releases
Twenty-three EOS community leaders met for the twenty-second Mandel Upgrade Meeting to share the latest updates regarding the upcoming EOS Mandel Consensus Upgrade. As featured in our June 20th Weekly Report, EOS previously operated with the EOSIO software developed by Block One for the past several years, but now the EOS community is developing the Mandel core software independently. In this week’s meeting, the participants shared many helpful updates about Mandel 3.1 RC2 development, Ubuntu 18.04, FILLPG support, & software release schedules.
This week we shipped three separate release candidates for three different products: Mandel 3.1 RC2, CDT 3.0.0 RC1, and Contracts 3.1 RC1. You can learn more about each of these in this thread and more about Mandel RC2 in this clip from this week’s Fireside Chat. As always, you can browse a more detailed overview of the discussion with timestamps for each topic in the video description on Youtube. You can also read the summary notes for this meeting and find summaries & recordings for all Mandel Upgrade Meetings in the Mandel Github repository.
EOS Community Events
As always, we host Fireside Chats in the EOS Community Discord every Wednesday at 19:00 UTC. Everyone is welcome to attend and ask questions directly to some of the best builders in EOS, including Yves La Rose, Zack Gall, and Brandon Lovejoy. Looking forward to seeing you there!
Below is a list of exciting upcoming EOS community events that you can join every week:
Eden ƒractal, Wednesdays at 13 UTC
Discord, Website, Twitter, Youtube
Helios Futurist Series, Wednesdays at 14 UTC
Twitter, Discord, Website
Eden Spark Meetings, Wednesdays at 17 UTC (Hispanic speakers)
Links: Website, Twitter
EOS Fireside Chat, Wednesdays at 19 UTC
Discord, Twitter, Youtube, Short Clips, Website
EOS Support Giveaway Show, Thursdays at 16 UTC
Youtube, Twitter, Website
EOS Hot Sauce, Fridays at 16 UTC
Youtube & Twitter
Helios Blockchain & Breakfast, Fridays at 17 UTC
Twitter, Discord, Website
Eden Town Hall, Sundays at 16 UTC
Discord, Twitter, Youtube
EOS Network
The EOS Network is a 3rd generation blockchain platform powered by the EOS VM, a low-latency, highly performant, and extensible WebAssembly engine for deterministic execution of near feeless transactions; purpose-built for enabling optimal web3 user and developer experiences. EOS is the flagship blockchain and financial center of the EOSIO protocol, serving as the driving force behind multi-chain collaboration and public goods funding for tools and infrastructure through the EOS Network Foundation (ENF).
EOS Network Foundation
The EOS Network Foundation (ENF) is a not-for-profit organization that coordinates financial and non-financial support to encourage the growth and development of the EOS Network. The ENF is the hub of the EOS Network, harnessing the power of decentralization as a force for positive global change to chart a coordinated future for EOS.
