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Hi there 👋

Happy Friday red coiners, did you miss us? This week: a new competitive game is coming to Avalanche, a better way to store and share confidential info, and a new-to-Avalanche NFT marketplace with over 800 collections.

Got feedback? We'd love to hear it, send us a message with your thoughts.

Weekly Avalanche Overview

Data pulled: 5/10/2024

Announcements

Funtico: Competitive, Rewarding, and FUN 🎮

Gaming

A new gaming platform is coming your way, gamers. Meet Funtico, an incentivized gaming revolution jam-packed with a wide variety of competitive games and unreal prizes.

“We are bringing a novel approach to the gaming experience where everybody can feel they are winners.”

Josh Cabrera, CMO of Funtico

Why Avalanche? Subnets. Specifically, the power that they give devs to build a kick-ass gaming environment, scale their apps, and meet the high demands that gaming requires.

Learn more about Funtico

Encrypt Your Personal Info on Avalanche with BitNote 🔏

Platform

The question of the ages: Where do I store my sensitive info? The answer: Avalanche’s on-chain 1Password, BitNote. Stored permanently on Avalanche’s C-Chain, the fully local storage solution offers peace of mind by removing the need for centrally controlled databases and front-end hosting.

Why BitNote? Unlike centralized password managers, BitNote doesn’t pose the threat of locking users out of their accounts or having their devices stolen. From seed phrases and private keys to your family’s famously secret banana bread recipe, BitNote protects your data with a strong end-to-end encryption.

Learn more

Inside: background info, platform features, and how to get started with BitNote.

Salvor Secures $1M To Build Avalanche’s Prime NFT Lending Platform

NFT

High-volume peer-to-peer (P2P) NFT and memecoin lending protocol, Salvor is joining the rush… Avalanche Rush, that is.

“By introducing P2P NFT Lending, users can now borrow funds against their NFTs without needing to sell them. We believe this will play a key role in supporting healthy ecosystems. Our primary focus is to make NFTs more liquid.”

Utku, Founder of Salvor

The deets: Avalanche users can soon use NFTs and memecoins from over 800+ collections as collateral to secure loans in AVAX on Salvor. The platform features one transaction bulk actions, pool balance, trait-specific bidding, lower interest rates for early loan repayments, and the ability to borrow against NFTs

Learn more

Launch Spotlight

Term Labs

Finance

Term Finance, a transparent and scalable non-custodial lending protocol for digital assets, is offering fixed-rate lending on Avalanche. Hoorah! Term’s first step: a collaboration with Benqi Finance letting users leverage sAVAX as collateral to borrow USDC and secure fixed rates against staked AVAX.

The Evergreen Route: Term Finance built on an Avalanche Evergreen Subnet, unlocking the flexibility needed to tokenize more assets for a larger user base and enabling devs to meet institutional requirements.

Learn more

Get started: Check out the first USDC / sAVAX here.

PODCASTS

Balcony – Revolutionizing & Tokenizing Real Estate

Owl Explains Hootenanny, Episode 29

33 minutes

How does Balcony DAO offer more transparency, efficiency, and innovation to the real estate market? John Belitsky, Co-Founder of Balcony, shares the secret with the Owls on this episode of Owl Explains Hootenanny.

Listen to the podcast →

The Greatest Comeback in Social-Fi History: The Arena

Still Early

46 minutes

Wanna hear an epic comeback story from one of SocialFi’s most anticipated apps in the past year? Buckle up ‘cause Jason Desimon, CEO of SocialFi powerhouse The Arena, is spilling the tea. Listen in as Jason shares The Arena’s rollercoaster journey, his deep-rooted belief in blockchain’s potential, the rollout of Arena V2, and more.

Listen to the podcast →

Cool Stuff on Avalanche

Avalanche Watch: April 2024

The Tie x Avalanche

Find out what was new on Avalanche in April, review the past month’s DeFi, gaming, and NFT insights, and learn about last month’s project spotlight: the Salvor NFT marketplace.

Read Avalanche Watch

SPACES TO LISTEN IN ON

Avalanche

Decentralized Encrypted Data Management with BitNote

May 7

Play recording →

Avalanche Arts & Culture

RWAs and Kicks with @mynaswap

May 8

Play recording →

Share your Web3 interests

Get ✨personalized✨ Spaces recommendations in future issues.

ICYMI

News
Metrics, network scaling, and community update! Read the roundup of Avalanche news you might have missed this week.
Avalanche →
Community
Explore the Folks Finance ecosystem and complete social quests on Galxe for a chance to win limited edition OAT and 10 AVAX.
Avax Community →
Art & Culture
zeroone is looking for meticulous and detail-oriented beta testers for their new iOS app.
zeroone →
Gaming
$4.6K in prizes are up for grabs in Tiltyard’s upcoming 500 player tournament! Secure a slot before 5/14 for your chance to win.
Tiltyard →

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