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This is the ultimate guide to layer 2 airdrop farming at this moment. But first let’s start with the basics. There are 5 chains to look at in this thread. All 5 chains have secured hundreds of millions of dollars in funding from giant VCs. Historically L2 chains of this size have done airdrops worth $10-30k for the top 10% of wallets. It hasn’t always happened but the odds are ever in your favor. If you play them all then even better. First let’s start with the three basics for boosting your score. Time (although this isn’t necessary to get…
CommerceBlock is releasing Mercury Layer today, an improved version of their variation of a statechain. You can read a longer form explanation of how their Mercury statechains work here. The upgrade to Mercury Layer represents a massive improvement against the initial statechain implementation, however unlike the initial Mercury Wallet release, this is not packaged as a fully consumer ready wallet. It is being released as a library and CLI tool other wallets can integrate. Here’s a quick summary of how they work: Statechains are essentially analogous to payment channels in many ways, i.e. they are a collaboratively shared UTXO with…
Revolutionizing the digital landscape, Dmail has recently integrated with Internet Computer Protocol (ICP), a dynamic innovation by DFINITY Foundation. This integration, far from being a casual tech update, represents a seismic shift in how we perceive and interact with blockchain technology. Dmail’s decision to meld with ICP isn’t just tech gossip; it’s a bold stride towards a future where Web3 isn’t just a buzzword but a tangible reality. Enter the world of ICP – a third-generation blockchain platform that’s not just playing the game; it’s changing the rules. By allowing developers to deploy code directly onto the blockchain, ICP is…
The NFT activity of Polygon has witnessed substantial growth spurts in recent months, recently outshining Ethereum in 24-hour NFT transactions in a historic first. Evidence of the blockchain network’s successful NFT activity includes amplified NFT transactions, larger NFT trade tallies, and a significant accumulation in the preceding seven weeks. Prominent contributors to this burgeoning ecosystem are Polygon collectibles like Gas Hero Coupon NFTs, Collect Trump Cards, The Sandbox, and Genesis WildPass. Over the past month, these collections have yielded impressive results, thereby boosting Polygon’s NFT participation.The NFT network flipped not only Ethereum but also Solana as a result, hitting a mighty total…
Genopets closed out 2023 with a bang, bringing the first iteration of their player to player (p2p) marketplace to both the browser and app versions of this move to earn game. Now players can buy, sell, and trade Genopets items while on the go! Not long ago, Genopets released their in-app marketplace, opening the way for players to purchase boosts and items from Genopets directly in the app. Now they kick things up a notch by letting players sell items through the in-app marketplace as well! This update bridges the blockchain-based player economy, with players on the mobile app who…
Introduction: Redacted’s Leap into Advanced Cross-Chain Interoperability Redacted has announced its strategic integration with Chainlink Cross-Chain Interoperability Protocol (CCIP), marking a significant enhancement in its cross-chain transfer capabilities, particularly for Pirex ETH (pxETH). This integration spans across the Arbitrum, Ethereum, and Optimism mainnets, showcasing Redacted’s commitment to elevating its DeFi offerings. .@redactedcartel is integrating #Chainlink CCIP to power cross-chain transfers of Pirex ETH across @arbitrum, #Ethereum, and @optimism. Why Redacted selected CCIP as its exclusive cross-chain solution ⬇️https://t.co/9W6c7TmVtr — Chainlink (@chainlink) January 8, 2024 Choosing Chainlink CCIP for Superior Security and Reliability Proven Track Record in Web3 Security Redacted’s selection…
The European Central Bank (ECB) has taken a bold step into the future by announcing an exploration into the potential use of Distributed Ledger Technology (DLT), commonly referred to as blockchain, for settling wholesale financial transactions. The Eurosystem, through its TARGET Services, has long been a key player in facilitating the settlement of wholesale financial transactions in central bank money. This move reflects a commitment to modernizing settlement infrastructures and adapting to the evolving landscape of financial technology. Market Outreach and Initial Analysis In an official article released by the ECB, the central bank highlights the need to assess the…
In a significant move, stablecoin-focused cross chain MES protocol has announced its ambitious roadmap for 2024. The protocol is for its innovative approaches toward enhancing cross-chain interoperability and deepening its integration within the DeFi space. MES protocol aims to support Solana and introduce liquidity pools to enhance liquidity and incentivize users. MES Protocol’s Bridging Plans In Q1 The first quarter of 2024 marks the beginning of a new era for MES Protocol. After observing a strong demand for cross-chain transactions in 2023, the protocol is seeking to bring significant changes. A major part of this strategic shift involves a rebranding…
XPLA establishes a partnership with Gall3ry, a social solution that promotes NFT holders to assume responsibility for their social identifications within a social network and alters the perception of NFTs. Gall3ry services allow users to generate their own identifiers, establish connections with individuals who share similar perspectives, and compile non-fungible token (NFT) collections for sharing on the Web3 domain. One notable attribute among numerous is the innovative solution referred to as OCC (On-Chain Content). OCC transforms on-chain data into NFTs, which are highly utilized on a blockchain network. The utilization of this tokenized process facilitates the verification of content’s credibility…
Shiba Inu ecosystem team member has shared a step-by-step guide to enable SHIB and BONE holders to purchase Shibarium-based non-fungible tokens (NFTs). Shibarium, the L2 blockchain of the Shiba Inu ecosystem, has become a hub for various digital assets, including NFTs. Shibarium-Based NFTs Since Shibarium’s mainnet launch, several NFT collections have debuted on the L2 blockchain, thus bolstering the network’s utility. It is worth noting that the ColonelCoup collection is one of the non-fungible tokens that has gone live on Shibarium. The digital asset officially launched on Shibarium on October 11, 2023. While there is a wide range of NFT…
