Issue #58: Foresight’s accelerator offers up to $200K per chosen startup, a two-step approach for acquiring testnet tokens, Owl Explains governance of DAOs, and more.
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Inside issue #58, you'll learn about Foresight’s recently launched accelerator, the new two-step approach for acquiring testnet tokens, the governance of DAOs by Owl Explains and CBER, and more.

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Weekly Avalanche Overview

Data pulled: 1/5/2023

Total Transactions: 14.6M
Gas Used: 7.2T
Total Stake: 262.8M

Announcements

Foresight X Accelerator

Foresight Launches $10M Accelerator, Offers $200K per Project

Source: Foresight Ventures

Meet Foresight X, the Web3 accelerator by Foresight Ventures offering $200K in funding to selected Web3 startups. In addition to the funding, Foresight X gives projects high-quality industry resources and support from a global community.

What kind of support? According to Foresight Ventures, Foresight X participants can benefit from “technical guidance, brand promotion, Tokenomics design, project operations, listing, company management, talent development, legal, compliance, and more.” Registration ends on Monday, January 15.

Learn more
Fuji Faucet Update

Protection Against Faucet Draining đź’§

Developers have had a tough time getting testnet tokens recently because of parties draining the faucet, but the wait for a fix is over.

The Fuji faucet: A two-step approach to protect against the attacks and make testnet tokens more accessible to devs and users who need them. Your options:

  1. Non-Zero Mainnet Balance
    This is the simplest and fastest way to get tokens. The steps are simple: connect your wallet to core.app and, if you have a balance, you can get your tokens (limited to once a day per address).
  2. Coupon System
    Don’t want to use real funds to redeem tokens? No worries, acquire coupons from community teams instead! Once you have a coupon, connect your wallet and a coupon field will appear. Here’s where you can find coupons and learn more about Avalanche’s ecosystem: Fuji Testnet Faucet, Avalanche Academy, and the Avalanche Discord channel.

Owl Explains: Governance of DAOs

Ava Labs x CBER, Episode 3

Episode 3 of Ava Labs x CBER’s podcast features:

  • Agostino Capponi, Associate professor in the IEOR Department at Columbia University
  • Andreas Park, Professor of Finance at the University of Toronto
  • Fahad Saleh, Associate Professor of Finance and the Nunnenkamp-Cinelli Faculty Fellow at Wake Forest University

What’re they discussing? Just-In-Time Liquidity at Decentralized Exchanges. The preview: Capponi says that, while the phenomenon is generally viewed as positive for liquidity demanders, it can undermine liquidity provision. How? Listen to the podcast or read the paper through the link below:

Listen to the podcast →

Avalanche Academy Teleporter Course

Avalanche Academy’s New Teleporter Course 👀

Wanna learn how to build cross-Subnet dApps? You’re in luck, the Avalanche Academy recently dropped its new Teleporter Course. Whether you’re an experienced dev or just navigating the world of EVM blockchains, this is the course for you.

Why Teleporter? Seamless cross-chain communication thanks to Avalanche Warp Messaging, abstracted complexity for Solidity devs, no need to deal with all the cryptographic hassles. Finally, the future is here.

Learn more and sign up

This Week’s Spaces

BloodLoop

S.E.M. Capsules - BloodLoop AMA

December 29, 2023

Play recording →

Sam Steffanina

Gamified #48 | Web3 Gaming in China | GOATS and WOATs

January 3, 2024

Play recording →

Ellio

STEADY DROPPING ON AVALANCHE SOON?

January 4, 2023

Play recording →

Share your Web3 interests

Get ✨personalized✨ Spaces recommendations in future issues.

ICYMI

  • Gaming
    What does player ownership in games mean? Hear Emin Gün Sirer’s perspective.
    Avalanche →
  • Culture & NFTs
    Art on Avalanche rebrands to cover all kinds of tokenized cultural assets including art, PFPs, ticketing, rewards and loyalty programs, and more.
    Avalanche Art & Culture →
  • Ecosystem
    A fraction of a recap of all the amazing developments on Avalanche in 2023.
    Avalanche →
  • Interview
    Ava Labs’ Head of Gaming, Ed Chang, delves into the evolving landscape of gaming with Edge of NFT.
    Edge of NFT →

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