Issue #46: A blockchain-powered ticketing platform, a sports fan's on-chain dream, a new Avalanche grant program, and more.
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Weekly Avalanche Overview

Data pulled: 9/29/2023

Total Transactions: 5.4M
Gas Used: 6.5T
Total Stake: 244.2M

Announcements

SK Planet Launches Ticketing Platform

K-Pop Bops On-Chain

21 million loyalty users of South Korean event and streaming pioneer Dreamus’ ticketing app, Ok Cashbag, can now buy Avalanche-backed tickets in just a few clicks 💃

Why bring blockchain to ticketing? So Dreamus can improve its ticketing experience and widen its lead in the $230 million Korean concert industry. From easier digital transactions to addressing issues with counterfeiting, the platform is just one step closer to being a “Blockchain Ticket Total Solution Service,” one backed by an Avalanche Subnet.

Learn more
Avalanche Explorer Upgrade: New C-Chain Explorer

Meet Locker Room, the Avalanche-powered digital experience that lets fans of Paris Basketball win with their team.

Fans can rack up free digital collectibles and rewards as teams rack up wins, and create personalized virtual spaces to display their collectibles.

Learn more →

Ted Ying Grant Program

Not everyone gets a grant named after them, but Moafan “Ted” Yin does.

Thanks to his significant contributions to Avalanche, the Ted Yin Grant program exists to advocate for and fund the development of open source software projects building on Avalanche!

Learn more →

Introducing Firewood

Ava Labs has announced Firewood, a multi-year effort to write a state-of-the-art database optimized for storing Merkleized blockchain state from scratch in Rust.

As leading blockchain researchers have pointed out, efficient state management is one of the primary bottlenecks to scaling blockchains to reach global scale. Firewood helps provide the fuel for ignition.

Learn all about Firewood →

Owl Explains: Why Do We Need A Digital Pound?

Another exciting episode of Owl Explains’ Hootenanny just hit the streaming platforms, and we recommend you listen. Episode 16 explores the past decade’s seismic shift toward digital currencies and the United Kingdom’s move to launch a Digital Pound.

Listen to the podcast →

Builder Spotlight

Steven Gates

GoGoPool

How easy is it to become a validator? Pretty easy, thanks in part to GoGoPool, a platform helping Subnets launch by lowering the amount of AVAX needed to run a node, expanding rewards for validators, and through decentralized hardware tools.

But who is the brain behind GoGoPool, how did they come up with it, and why did they choose Avalanche?

Find out →
Builder Spotlight: GoGoPool

“In three to five years, we think the majority of blockchains will be run on Avalanche.”

Put Your AVAX to Work Using Core

Decrypt

Do you know how to stake AVAX? If you’re reading this, you’ve probably heard of the crypto wallet and portfolio dashboard Core (a.k.a. the go-to staking solution on Avalanche). If not, pls read: Staking AVAX using Core removes intermediaries and meets users’ needs by letting them customize the process. With Core, it’s also just easier.

Wanna learn or brush up on your knowledge? You’re in luck! Decrypt recently released a simple yet in-depth walkthrough on how AVAX holders can stake using Core.

Check it out

This Week’s Twitter đŸ§”

John Wu

@John1wu

Blockchain has found a product-market fit in Asia with loyalty reward programs.

Why Asia, specifically?

The difference lies in how the original, non-blockchain versions of these programs are constructed👇

Read the thread →

Luigi D'Onorio DeMeo

@luigidemeo

Many people don't understand tokenization.

The actual "Tokenizing" of an Off Chain Asset is the least important part of tokenization


Read the thread →

Ajay Kashyap

@EverythingAjay

🚹IMPORTANT

#AVALANCHE #HyperSDK is reshaping the world of #blockchain transactions and it is about to change the game

Let's break it down👇

A threadđŸ§”

Read the thread →

ICYMI

  • BigQuery by Google Cloud Integrates Avalanche Into Their Public Datasets. Avalanche
  • The Avalanche Foundation Launches Avalanche Academy. Avalanche
  • Avalanche Launches New Official C-Chain Explorer. Avalanche
  • AvalancheGo Releases 1.10.10 Upgrade. Patrick O’Grady

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