The EOS Hot Sauce is a high quality digest of all the hottest EOSIO headlines from around the world. Our deep understanding of the ecosystem allows us to find the signal among the noise. We curate those signals, amplify them and deliver them to the community each and every week across multiple platforms and in multiple languages. We hope you enjoy the EOS Hot Sauce!
EOS Nation is excited to announce our technical partnership with dfuse, the blockchain API company. Following dfuse’s recent announcement of the open-sourcing of the dfuse blockchain data stack, EOS Nation has now announced that it will collaborate with dfuse to launch and host the official dfuse Community Edition for the EOS Mainnet.
dfuse has developed the most advanced open-source blockchain data stack and provides the massively scalable infrastructure used today in hundreds of public and private deployments, including exchanges, trading operations, interactive games, social media platforms, supply chain solutions, and high throughput regulated environments.
The official dfuse Community Edition, running dfuse for EOSIO, will be rate limited to enable the largest number of projects to benefit from the free access. Users can expect the same high level of service and support that EOS Nation offers for all its products. In addition, eosq.app will now use the APIs hosted by EOS Nation once they are operational.
Make sure to read our press release for more information regarding the upcoming dfuse Community Edition .
WAX Advisory Council: Google's Rich Widmann
The first advisor to officially join the WAX Advisory Council was revealed this week as Rich Widmann, product counsel at Google!
The WAX Advisory Council was created to help better align WAX’s roadmap with input from leaders from prestigious global companies, and it doesn’t get more prestigious than Google.
These council advisors will help WAX calibrate their efforts as they attempt to carve out their spot in the mainstream video gaming and entertainment industry. Having industry insiders advise on potential legal or technical roadblocks to adoption is going to be very strategically valuable to WAX moving forward. With even more advisors set to join the council in the coming weeks and months, it’s clear that WAX continues to solidify its reputation as a leader in the blockchain gaming space.
In other WAX news, NFT collectors are gearing up for the next NFT launch called Blockchain Heroes, which features 50 unique superheroes inspired by top influencers, inventors, and content creators.
And finally, the Swedish Blockchain Association is hosting a meetup on June 16th and will be joined by two speakers from the WAX Community. Attend this event and you have a chance to win their surprise giveaway!
These reports are a great way for users of all skill levels to get a quick glance at the contents of the webinar. For example, this first Block.one webinar serves as a great introduction to many basic concepts of blockchain technology such as:
Block.one’s second webinar will teach participants how to build their first smart contract on EOSIO on June 15th.
For those interested in a more EOS-centric webinar, we invite you to attend the 2nd online EOSIO Swiss Workshop hosted by EOS Nation Ambassador Patrick Schmid on June 23rd. This free workshop features:
dApps review: Bloks.io, Scatter, Sense Chat, Everipedia, WordProof
EOS Nation tools overview: Proxy4Nation, xNation, deWeb
Hands-on EOSIO example: account creation, querying an EOSIO blockchain through CURL
Exclusive interviews with builders in the blockchain ecosystem
IGN's Summer of Gaming: New Blankos Trailer, Gameplay Reveal, Beta Registration Open
This week was the launch of IGN’s Summer of Gaming event and Blankos fans were treated a fun new trailer (included above) and some new exclusive game play footage. Reservations for game accounts are now available, so sign up now and claim your favourite username!
It was really fantastic to see a AAA game featured so prominently in mainstream gaming built on EOSIO technology, which leads us the question on everyone’s mind: “Will Blankos run on the EOS mainnet?”
The answer is one that is becoming very familiar to the EOS community: Blankos will start out on a private EOSIO chain and is looking into strategies to eventually incorporate the EOS mainnet into its product. We found that answer in the “#Blockchain” channel in the Blankos Discord chat.
The Blankos Game is developed by the EOS VC funded company Mythical Games, a team that consists of highly experienced gaming industry veterans, previously involved in the creation of blockbuster games such as Call of Duty.
With Blankos they are now exploring new features made possible through blockchain, such as true ownership and opportunities to securely trade with high-value collectibles.
Speaking of collectibles, Mythical Games partnered with selected artists to design all the cute Blankos we can see in the trailer. But there’s also room for creativity for gamers, as they’ll be able to build custom levels within Blankos.
Anyone who wants to learn more about what else is going on with Mythical Games and their strategies to bring blockchain-based gaming to the masses should check out the recent “Let’s DEW Lunch” interview with John Linden, CEO of Mythical Games.
“One of the many disruptions caused by social distancing and quarantines has been a sharp decline in blood donations, resulting in blood bank shortages across the globe. To address this issue, winning team Lifebank designed an application that has the potential to provide a lifeline to local communities by creating value exchange between eligible donors, donation centers and sponsors. By leveraging EOSIO blockchain technology, the app enables users to create EOS accounts to manage their entire blood donation process, from validating donors to registering local businesses as sponsors in exchange for receiving a life token.” -Block.one
The EOS Costa Rica team clarified that Lifebank doesn’t collect any data. The Donation centre is the one who validates that an eligible donation was made. The life token is not monetary – each sponsor decides what value they are willing to give in exchange. It could be anything from a free coffee to 10% off dry cleaning. And the token is non-transferable between donors – it can only be used from a donor account to a sponsor account. It can’t be sold or traded on secondary markets.
For those that are curious, here’s the CoinDesk article that appeared a day later. At the heart of the disagreement is the fact that CoinDesk is referencing a study that argues that 96% of actions on the EOS network are spam. Dan Larimer’s defense is that it is not up to CoinDesk, or anyone else, to place a judgement on whether or not an action is considered spam.
At the end of the day, the EOS network is continuously processing more actions and transactions than any other public permissionless network and that is a fact.
As the first operator of deWeb, EOS Nation is happy to see continued activity and new features being added by the deWeb Developers. These features are polls, posts, and upvotes, allowing content creators to further engage with their fans and followers. While the admin of a community can generate income through the allowance, now other community participants can also earn tokens by content curation (Upvoting), or by writing relevant posts.
The Upvoting mechanism also has a nice gamification aspect to it, as members compete to outbid each other, with the goal to own the top banner of a post. This banner shows the top voting account, a customizable message and can feature an embedded link.
The first upvote costs $0.10 and each progressive upvote costs 30% more than the previous upvote.
When someone upvotes, the money used to upvote gets divided as follows:
The previous upvoter gets back all the money they upvoted with
The previous upvoter gets ⅓ of the difference between previous and current upvote
Post creators get ⅓ of the difference between previous and current upvote
The admin of the community gets ⅓ of the difference between previous and current upvote (minus Developer, Operator and Marketer fee)
Members can find a summary of all their earnings on their page, which can be found when clicking on the 3 dots next to the “Your balance” field.
Censorship resistant social media is in high demand and deWeb is not just providing a platform, but a toolkit to build severalinterconnected platforms and a robust infrastructure so that content creators don’t need to rely on a single party to build their business.
deWeb makes tokenized content creation as easy as it gets, even for a non-crypto audience.
EOS Nation is excited for the next features coming to the platform and looking forward to the wider adoption of deWeb, which might happen soon, as we learned about some bigger players showing interest.
TAIKAI (大会 – “coopetition” in Japanese Kanji) is a web platform that facilitates the hosting of online hackathons or idea challenges and was recently selected as one of the 34 EOS VC grant recipients. We were happy to learn more about this project in the latest episode of the #BuiltOnEOSIO series.
The goal of the platform is to attract global talent and foster innovation by providing a framework to host challenges, manage applications and entries, vote, and reward the winners.
The founders decided to integrate a blockchain component to TAIKAI to ensure a transparent and auditable selection process. EOSIO was the obvious choice for its advantages in scalability, cost-efficiency and ease of use.
“For us, it was important that the regular user wouldn’t notice any difference between using our platform and a non-blockchain platform. It wouldn’t be possible to provide such a seamless experience with any other blockchain.”
TAIKAI built a network with many universities and startups in Portugal, where the team is based, and is part of the “Microsoft for Startups” program.
Companies and Organizations that are choosing TAIKAI will find a collaborative and intuitive environment and can improve the speed, diversity and quality of their solution development thanks to aligned incentives.
Mário Alves, Founder & CEO of TAIKAI, had some good things to say about the EOSIO community in the interview, as he is impressed by the quality of other projects and he hopes to launch some joint challenges soon.
Read the full interview to learn about how TAIKAI plans to grow, who else is in the team, and why there’s such great potential in online hackathons and remote cooperation.
Always make sure to have 2 copies of your private keys. For example:
Private keys saved inside Anchor wallet + private keys written down on a piece of paper
Private keys saved inside Anchor wallet + private keys saved in a text file on a encrypted USB drive
Private keys saved inside Anchor wallet + Anchor wallet backup file (with strong password) stored on an external storage drive or cloud server.
While we’re at it, please make sure to review your security practices at least once a year and remember to test your backups as well.
NEVER GIVE YOUR PRIVATE KEYS TO ANYONE!
If someone is creating an EOS account for you, you can safely share your PUBLIC keys with them. The powerful accounts and permission structure on EOS allows users to assign 2 different key pairs for their ‘owner’ and ‘active’ permissions, which users should do if they want to follow EOS account security best practices. Anchor conveniently generates 2 key pairs at once allowing you to share the 2 public keys with the EOS account creator.
The new account will be controlled by the private keys of these 2 key pairs, which is only known and controlled by the user and not the account creator.
Newdex, our favorite place for decentralized asset trading, shared some interesting news about their strategic investment in the LeafWallet, a lightweight wallet that provides all the necessary functions for users to manage their EOSIO accounts. This partnership could have great implications for the growth of Newdex and bring more liquidity to EOSIO based trading pairs.
In the announcement, Newdex mentioned that both companies “will strive to bring users a better decentralized trading experience.”
Following some hints in previous interviews with Everipedia’s co-founder and president, Sam Kazemian, Everipedia now officially announced plans to push into the DeFi space with new features for their knowledge market PredIQt, such as synthetic assets (branded as ‘IQ smart assets’), lending+money markets, and leverage.
Exciting news for IQ token holders as all of these new features are governed and settled in IQ, as the central element powering everything that the Everipedia team is building.
Further plans include a cross-chain initiative to capture as much value and market share for Everipedia+PredIQt as possible.
By the way, did you know that PredIQt has more features than its Ethereum-based competitor Augur, even without the new DeFi functions? Not to mention usability and speed.
It’s a good time to get familiar with PredIQt if you haven’t yet, because starting next week the Everipedia team will start a month-long PredIQt Leaderboard Contest, which features an IQ Token giveaway for the top traders and top referrers on a weekly basis.
Stay tuned as Everipedia and PredIQt are cooking up some special spicy stew for you.
There’s definitely good momentum building up for LiquidApps as more DSPs are joining the Network and an increasing number of applications are using the services.
The freshly rebranded DAPP Seals made it their mission to continue this trend by informing the wider crypto community about the amazing tech solutions that LiquidApps has to offer.
Their newest initiative is a caption contest for the LiquidApps Super Heroes. Everybody’s welcome to join and the best submissions get rewarded with some sweet LiquidApps Swag. Wanna join the DAPP Seals Boot Camp? They’re currently recruiting.
In the latest DAPP Talk, we were happy to see Rob Finch back. Listen to what he has to say about the DAPP Network, and learn about his newest project NFT Alert.
Definitely a good episode touching on two of the currently hottest topics in crypto.
The price feed for Equilibrium’s EOSDT stable coin will be generated through the implementation of LiquidApps’ LiquidOraclesfrom now on.
This development comes shortly after Equilibrium’s announcement to launch their own DSP to participate in the DAPP Network, where besides LiquidOracles all the other LiquidApps services are offered and settled.
We’re always happy to see how cooperation and partnership is thriving in the EOSIO Ecosystem, especially when it’s such a perfect match.
Alex Melikhov, CEO of Equilibrium was quoted: “Having accurate, reliable price information is extremely important for the EOSDT stablecoin. The system relies on the actual asset prices to do mark-to-market, “bad” debt wipeout, and other operations. With LiquidOracles, we’ve found a solution that is engineered to work seamlessly in any condition and can remain unaffected by congestion or network fees. We look forward to expanding our offering further as DSPs on the DAPP Network.”
They’ve added new accounts to the spam filter, improved the pagination of transaction history, and fixed a bug that prevented users from viewing very old transactions.
Meanwhile, the second survey is up, giving participants the chance to win 10 EOS for their efforts once again.
Go check out the EOSX experience and leave your feedback.
Last week’s lucky winners were:
EOS Nation is a top Block Producer on the EOS public network. We earn inflation rewards based on the percentage of tokens staked towards us. Those rewards are reinvested into EOSIO community, tools, and infrastructure. Help grow the ecosystem by staking your vote to eosnationftw for BP or proxying to proxy4nation.
Remember, we neveraccept compensation in exchange for featuring projects in the EOS Hot Sauce. That means if a project is included in the EOS Hot Sauce it’s because we believe that project brings value to the EOSIO ecosystem and we want our community to know about it!
Are you building an interesting project on EOSIO? We want to hear from you! Reach out to us on social media or email firstname.lastname@example.org.
Thank you for supporting EOS Nation and for reading this week’s edition of EOS Hot Sauce! Want more spicy updates? Check out some of our recent EOS Hot Sauce episodes!
Following some updated guidelines from the WAX Office of the Inspector General (OIG), EOS Nation is now going to be publishing our monthly OIG Reports on our blog platform as well as on the official Github repository.
This publication is a reproduction of the report we submitted to the WAX OIG for July 2021.
EOS Hot Sauce ingredients: Go Boldly! Go Bullish!, The Importance of Community for the Pomelo Platform, EOS Lost Key Recovery Extended for Five Years, Defibox 1 Year Anniversary, Upland Property to Fiat, RAON Secure Driver’s License, VanCity Outbreak NFT Blending, VRGB Season 01 Launches on Sunday 18th of July, KOGS.GGSLAM, Ultra Mainnet Q&A
EOS Hot Sauce ingredients: ULTRA Successfully Launches Mainnet, The Origin of Pomelo, Upcoming: Second Eden Trial Election on July 17th, Flair Dapp, Chainflux is #BuiltOnEOSIO, WAX Streetfighter Season 2, Uplift World and Yoshi Drops, Share your EOSIO News and Opinions With Us
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Disclaimer: The information provided above does not constitute investment advice, financial advice, trading advice, or any other type of advice whatsoever, and the information on our website should not be trusted as such. We present this information to you as general market commentary. The information does not constitute investment advice or any professional financial advice of any sort whatsoever. We do not advise or recommend that you buy, sell, or hold any cryptocurrency, digital token, ICO, or digital asset whatsoever. We advise users to conduct their own due diligence and consult with a qualified financial advisor before buying, selling, or holding any type of digital asset or cryptocurrency. We will not be held responsible for any investment decisions made based on the information provided on the website.
Prior to founding the first EOS community in Toronto and co-founding EOS Nation, Daniel spent a decade in the financial technology industry working several diverse roles. His extensive experience in customer service, sales, sales coaching, agent training, digital marketing, digital process management (lean green belt), and product management (certified scrum master, certified product owner) eventually lead him to consulting for a blockchain dev shop.
Daniel earned a Bachelor of Journalism from Ryerson University in 2009 and worked as a chase producer intern at Global TV.
Daniel lives by the principles of Truth, Love, and Freedom.