10 Critical Developments for Cardano and MATIC: Here are the Details!

This week's summary of Cardano updates includes news from Cardalonia, the Cardano-based metaverse project...
 10 Critical Developments for Cardano and MATIC: Here are the Details!
READING NOW 10 Critical Developments for Cardano and MATIC: Here are the Details!

This week’s summary of Cardano updates includes news from Cardalonia, the Cardano-based metaverse project. GK8 partnership on Polygon side and Polygon Studios partnership with Cercle X are some of the best updates this week.

Weekly Cardano updates

Cardalonia metavese map

Cardano-based metaverse game project Cardalonia has launched the first map demo of their play-to-win project. They also launched the land pre-sale list for LONIA token holders.

Cardano NFT project adds Snoop Dogg’s son to its roster

Snoop Dogg’s son, Champ Medici, has officially joined the Cardano NFT project “Clay Mates” team. According to the official announcement, Medici wants to develop strategic partnerships and expand the target audience of the project.

COTI and WingRiders partnership

COTI, a popular blockchain payment solution and stablecoin issuer, has announced a partnership with WingRiders. WingRiders is a completely decentralized and unreliable platform. Also, COTI aims to be an infrastructure component of the Cardano ecosystem, with broad and simple integration into any wallet or Dapp.

Rosetta version 1.8.0

On the other hand, according to Github data shared by Cardano updates, the new Cardano Rosetta 1.8.0 has been released, which supports the upcoming Vasil protocol upgrade. Rosetta is a set of tools and features designed to simplify Cardano integration. Rosetta will act as an integration framework. It will also make Cardano’s Vasil hard fork integration faster and easier.

Cardano developer community reaches new heights

According to ADAtainment, there are 600 forks in the Github repository of the Cardano developer portal. This shows that more developers are contributing to its development. It’s also worth noting that the Cardano Developer Portal covers everything that can be done on the Cardano mainnet. As a result, Cardano’s development activity has increased in recent months. This shows that the teams are sticking to the long-term roadmap.

Polygon news of the week

GK8 and Polygon collaboration

In other news, GK8, a top crypto custody platform, has released details of a strategic partnership with Polygon (MATIC). According to reports, the partnership will facilitate easy access to the rapidly growing Web3 ecosystem. This will be done cost-effectively while providing world-class security at the same time. Furthermore, the partnership will make it possible for MATIC holders to manage their portfolios directly from the GK8 platform. It also provides them with the first-class security of the GK8 solution. On the other hand, GK8 is a proprietary non-hacking technology designed to protect digital assets managed by platforms such as exchanges, banks and other custodians.

Partnership of Polygon Studios and PolygonPets

Polygon is currently one of the main players in the Web3 ecosystem. Meanwhile, its recent partnership with PolkaPets helps further confirm this fact. The partnership with PolkaPets will facilitate the release of unique PolygonPets characters. PolygonPets will also help increase community participation in the Polygon ecosystem.

Marc Boiron joins Polygon team

As you follow on Kriptokoin.com, Marc Boiron is now Polygon’s new Chief Legal Officer. Boiron is a well-known crypto veteran with experience as a blockchain and securities partner, particularly at top firms like Phelps & Philips, FisherBroyles, and Manatt. By joining the Polygon team, she will help create a well-rounded legal and regulatory compliant framework for the entire Polygon ecosystem.

Cercle X and Polygon partners

Polygon is taking its interest in staying climate-friendly to new heights as it partners with Cercle X. Cercle X is the world’s first dApp focused on digitizing waste management. With it, the waste management dApp will launch on Polygon.

Top earners in the Polygon ecosystem

Here are some of the top earners on Range in a 24-hour period as of August 17, 2022:

  • Barn Bridge – DeFi risk management platform posted a 17.2% price increase.
  • Yearn Finance – DeFi protocol achieved a price increase of 4.1%.
  • API3 – A web 3 API economy DAO posted a 3.8% price increase.
  • UMA Protocol – Optimistic Web3 oracle also recorded a 3.4% price increase.
  • Golem Network – It was also one of the top earners at Polygon with a 1.3% price index increase.
  • Other top Polygon gains include: Ankr, Cartesi, Unifi Protocol, Augur, etc.

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