Issue #38: Balancer is supercharging Avalanche’s LST growth, the music industry is evolving thanks to NFTs, global regulation roundtable discussions in Japan, and more.
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Introducing HyperSDK Programs

According to Ava Labs’ VP of Engineering, Patrick O’Grady, HyperSDK Programs are “a minimal, performance-focused, WASM-Based Smart Contract Framework.” Simply put, they make it easier for devs to build high powered Virtual Machines from scratch on Avalanche.

What should you know? To start, check out POG’s talk at Summit for more context on the HyperSDK and HyperSDK Programs here. The Programs help spur mass adoption by meeting devs in the middle, so they don’t have to learn a new language or use odd dialects of existing language to deploy code.

Read the thread

Owl Explains: DAO If You Do, DAO If You Don’t

Get your pen and paper ready, it’s time to explore the basics of Decentralized Autonomous Organizations (DAOs) and how they work compared to traditional orgs.

What’s being discussed? Join Eugenio Reggianini, Joni Pirovich, John Yarwood, and Steve Wink as they unravel the complexities of DAOs, including their regulatory landscape, balancing decentralization with leadership, and the challenges DAOs face from a legal perspective. Plus, find out what a ‘killswitch’ is and uncover the intricate dynamics of DAO governance.

Listen to the podcast →

The Avalanche Network Overview

Total Transactions: 6M
Gas Used: 6.4T
Total Stake: 274.1M

Data pulled on: 8/25/2023

Coming Right Up: One Order of the Grimace NFT

Thanks to a collab between The Hidden Walls and Bandwagon Labs, our favorite McDonald’s character is getting his big Web3 break as the face of Grimace NFTs.

The plan? McDonald’s Singapore is introducing 2K exclusive Grimace NFTs that you can’t trade or transfer. Holders will be offered an immersive experience, including access to exclusive treats and benefits to excite customers.

The rundown

What's Happening In Web3?

  • zeroone’s Beta Garners 7K+ Transactions 81 Hours Into Launch. zeroone
  • ChainGPT To Launch Web3 Infra as a Service Provider. BSC News
  • Uniblock and PARSIQ Partner To Accelerate Web3 Development. MarTech Series

This Week's Twitter đŸ§”

@MorganKrupetsky
@avax
@AvalaunchApp

ICYMI

8/23: Avalanche Developer Community Call: HyperSDK Programs, Glacier API, HyperSDK Multi-Dimensional Fees.

Avalanche →

8/23: Young Artist @TeresaMelvinart Talks @avaramona on Avalanche.

Art on Avalanche →

8/24: Avalanche Cortina 9 Is Out.

@_patrickogrady →

8/25: What Is @Draftables?

Gaming on Avalanche →

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