A little bit of Chit-chat
XCM has been enabled on both Astar chains, allowing users to transfer KSM to Shiden Network and DOT to Astar native dApps.
On May 24th at 3 P.M. CET, the Kusamaverse, built by Momentum, will be ignited. The opening to this new metaverse, where the Kusama community can gather, will be streamed live from this new world. There, you will be able to meet with builders, validators and other community members to discuss and brainstorm ways to grow the ecosystem. You can save the date here.
Polkadot *was* here 📈
There has been some discomfort in the community. In the last A16z’s State of Crypto report, Polkadot, known to be the second-largest developer ecosystem only behind Ethereum, was not included in the rank measuring this characteristic.
A16z’s disclaimer to justify the exclusion was that these projects, including Polkadot and Cosmos, lacked sufficient granular categorization. However, they used the Electric Capital’s report as a source, which included both projects. A report from Messari also confirms Electric Capital’s findings, showing Polkadot as the second ecosystem by developer activity.
Pioneers 🏆
Polkadot and Web3Foundation are betting big on adopting Zero Knowledge technology through its Pioneers Prize, which is funded with 20 million DOT (~196,600,000 USD). And Manta Network became the first project to win a slice of the pie.
Manta was awarded 750,000 USD to carry out, as part of the ZPrize initiative, the zk wasm challenge. This challenge is looking to improve Zero Knowledge Proofs on WebAssambly to bring privacy solutions in the WASM ecosystem closer to mass adoption.
Winners of the challenge will be asked to open source their submissions so the greater ecosystem can benefit from them.
A unicorn in Moonbeam 🦄
Blockchain at Berkeley and Nomad partnered together to put up a proposal to bring Uniswap to Polkadot. If passed, the proposal will authorize Nomad to deploy Uniswap V3 on Moonbeam, using trust-minimized channels. This matches Uniswap's strategy to become a multi-chain protocol while remaining trust-minimized.
This proposal is also bringing some innovation to the table. In economics terms, instead of providing incentives for liquidity mining, the Moonbeam Foundation will commit $2.5M to the Uniswap Grants Program to fund cross-chain development to expand Uniswap’s multi-chain presence further.
The proposal passed at block 14804126. Therefore, community members now will need to wait for the official launch of Uniswap on Moonbeam, which could take between 3-4 weeks, according to the community disc
This week's crowdloans 💮
To keep the community informed of one of the unique features of the Dotsama ecosystem, starting this week, we will report on the active crowdloans for parachain auctions on both Kusama and Polkadot.
Weekly Spot: A recently spotted Polkadot /Kusama native NFT
What can be inside this Sama Box?
Wrap Up
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