Octopus network progress monthly report | may 1-May 31, 2022

Total length of 2136 word , Expected reading 10 minute author ：MiX Wechat communication ：mixoct

Summary of Octopus network events

1、 Application chain Atocha Started on the main network , At present, the main network of Octopus network has been running for 4 An application chain project .

2、 The main network of Octopus network Anchor Contract upgrade to v1.3.1, We will Validators The minimum pledge amount is from 10,000 individual OCT Down to 5,000 individual OCT.

3、 Distributed cloud game network PortalVerse Join the octopus network and become a candidate application chain .

4、 resume NFT platform TrustRecruit Join the octopus network and become a candidate application chain .

5、2022 In the summer Web3 Startups have a total of... All over the world 109 Teams sign up , Hit a new high .

6、 Vietnam Substrate Training section 2 The award-winning project of mini hacker song was officially released .

Technology R & D progress

Octopus network & Apps

1、 Application chain Atocha Started on the main network , At present, the main network of Octopus network has been running for 4 An application chain project

2、 Application chain Fusotao,Discovol Get into Booting Stage

3、 The minimum quantity of application chain witness pledge is determined by 10,000 OCT Down to 5,000 OCT

Octopus network contract

Anchor The contract provides security and cross chain related functions for the application chain

The main network of Octopus network Anchor The contract has been upgraded to v1.3.1, take Validators The minimum pledge amount is from 10,000 individual OCT Down to 5,000 individual OCT

Octopus network IBC modular

adopt Substrate IBC, Finally, it can be realized Octopus Appchain and Cosmos、Polkadot Comprehensive interconnection of

Completed Substrate IBC The first 3 A milestone , In preparation for delivery

Octopus network cross chain bridge

Apps Of NFT The cross chain function is under development

Public welfare projects Token Converter Enter the development and testing phase

help NEAR ecology , Support the same decimals Of the two NEAR ft One way / Two way exchange

Development of ecological application chain

By 2022 year 5 month , Octopus network start application chain 4 individual , Namely ：DeBio Network、Myriad Social、DEIP and Atocha; Candidate application chain project 9 individual , Namely ：Discovol 、Muse、Fusotao、Uniqueone、Attarius、Create Protocol、PortalVerse and TrustRecruit. The key progress of the recent project is as follows ：

DEIP

Creator economic agreement

The main network pledge exceeds 250 m OCT.APY the height is 25.33%, Welcome to pledge .

DEIP Announce airdrops for early investors .

Atocha

Decentralized puzzle game protocol

The main network is started successfully , The pledge exceeds 50 m OCT. It's done NearPad ID0 and Skyward Finance ID0.

Atocha Announce airdrops to early supporters .

Fusotao

Order book type DEX Matching verification protocol

is Booting Stage .

Fusotao Has been CoinMarketCap Included .

PortalVerse

Distributed cloud game network

Join the octopus network and become a candidate application chain .

TrustRecruit

Blockchain based authentication 、 Resume focusing on artificial intelligence matching NFT platform

Join the octopus network and become a candidate application chain .

Octopus online community development

Octopus Accelerator 2022 In the summer of, the entrepreneurship camp was officially launched

2022 In the summer Web3 Startups have a total of... All over the world 109 Teams sign up , Hit a new high .

After screening, there are 40 Projects were admitted , On 5 month 23 Officially launched on .5 This month has been published about Web3、 Token economy and financing 3 A course , Namely 《Web3 Introduction for Founders of Appchains》《 Web3 Application Token Engineering》 and 《Fundraising》, And carried out 2 A lecture to discuss , The response was excellent .

Octopus network worldwide Substrate Technical training

be based on Substrate The application chain project of the framework is the foundation of Octopus multi chain network construction .

1、 Vietnam Substrate Training section 2 The award-winning team of mini hacker song in this period ：

The first prize ：FriendWB （ Decentralized Knowledge Q & a sharing platform ）

The second prize ：PixelLand （NFT Billboard platform ）

The third prize ：Hermes （NFT market ）

Fourth prize ：April DAO （DAO NFT market ）

2、 Vietnam Substrate Train the third stage students to register

3、 Malaysia Substrate Training section 1 Total period 6 This lesson and mini hack song have been completed

4、 India Substrate Training section 1 Total period 6 This lesson and mini hack song have been completed

Octopus global influence

2022 Spring of the year 「 Octopus future star 」 Global release

Octopus Accelerator 2022 Spring entrepreneurship camp , The final choice is 5 Projects awarded 「 Octopus future star 」 The title of , They are ：Nepbot、PortalVerse、AdMeta、Memology 、QSTN, And get 25 Million dollars of financial reward and ecological support of Octopus network .

Meet The Accelerator Stars of Spring 2022 with Vivi Lin

Dubai Exhibition ｜Future Innovation Summit 2022

Octopus network MEET THE APPCHAIN Of the series 《ATOCHA RROTOCOL》

Salon ｜ Multi Chain ecosystem and cross chain IBC agreement

Octopus network is based on 「 Fat hub 」 Logically constructed Multi Chain Network Protocol , Substrate Application chain and Cosmos Ecological cross chain communication is an indispensable part of Octopus Multi Chain Network , that ：

1、 What is the overall trend and pattern of cross chain technology ？

2、IBC Why is it called the gold standard of cross chain agreement ？

3、 From the current asset cross chain to the future cross chain interoperability , What kind of imagination will it bring to the blockchain world ？

Salon ｜ Multi chain competition from performance to use cases

1、 Is the value of the public chain fully reflected by the price ？

2、 Whether ecology has replaced performance has become the most important competitive dimension of the public chain ？

3、 Where are the differences and market segments of the new public chain in the future ？

4、 about Layer1,Layer2 And cross chain solutions to improve performance , What do you think of their competitive relationship

Salon ｜Web3 Application opportunities and challenges

The consensus of the whole blockchain world is , Need more now Web3 Use to create utility , that ：

1、Web2 And Web3 How to transition and merge ？ How to reconstruct coexistence ？

2、 Why is it that when the world economy is down , The capital market continues to raise funds and increase investment Web3 ？

3、 How to find the real Web3 Potential application ？

Offline meeting ｜Web3 Meetup inSM CITY ILOILO

AFRICA Two weeks AMA

Differences btw Dapps & Appchains

Cross-chain Vs Multi-chain and what the future hold for web3

disclaimer ： This article is for reference only , Shall not be used as law 、 Taxation 、 investment 、 Financial or any other advice .