Sense Chat 2.0 is live and we want you to join us! This week iOS users received their invite to start using Sense Chat 2.0, and while there are still some improvements to be made, we’re enjoying the experience so far and looking forward to the additional features planned. While Android users are still waiting for their invitation, Sense Chat has assured us that getting all Early Access signups on the platform is their top priority. Early Access sign ups are still open for those who’d like to try out Sense Chat as soon as possible. Our Chief Community Officer, Stéphane Bisson, recently created the EOS Nation Sense Channel, which will be populated by everyone who used our signup link to join the Early Access program. Stéphane will be taking an active role in moderating the group. Those looking for a mostly uncensored group are free to join our EOS Nation Telegram chat. For the others, we hope to make our EOS Nation Sense Chat an enjoyable and positive place. Haters, spammers, scammers and bots will not be welcome. The moderation tools are still limited and may not allow us to do all the moderation actions that we’d like to do, but that will change over time.
Those of you who already got an invite link may have noticed that Sense Channels like ours are restricted to posts from the community manager only. We intend to open up our channel to posts from everyone as soon as that feature is available, which should be in the coming week. In the meantime, we encourage our members to reply to our posts and get familiar with the features of sending Sense to comments you like and vouching for people. If there’s something you’d like to see in Sense Chat, make sure to submit your ideas in the ‘Request a Feature’ section, which also allows you to vote on other submissions that you’d like to see in the app. Anyone who downloaded the app and signed up for our community will get an email with a link to directly join our channel over the next few days. Earning daily rewards, staking to enter channels, and vouching for users are features that are live right now and a very welcome change of pace from Telegram. Are we finally going to be free of bots and scammers in our public chats? Sense Chat is definitely bringing us closer!
EOS Resource Model - Initial Feedback
EOS Nation has been busy over the past few months testing and preparing for the new proposed EOS resource model, having been keen supporters of the idea since Dan first mentioned it in November of 2019 in his article titled EOSIO Resource Allocation Reimagined. We’ve since shared our feedback in the Kylin and Jungle testnet channels, the specific Telegram channel setup for this discussion, as well as the official Block.one feedback form, but we want to take a brief moment to summarise our thoughts for the community, which Yves La Rose shared this week in a post on Voice.
We want to make sure that stakeholders who are more likely to be impacted by these changes are aware of the discussion that is taking place and know they are encouraged to participate in it. In our opinion, large token holders running applications and front facing portals are the stakeholders that are likely going to be the most impacted. If you fall into one of these 2 categories, make sure to join the Telegram channel to discuss the new EOS resource model.
If you’re curious about what other block producers had to say, check out AlohaEOS’s post, which contains links to many other responses (it gets updated as more stakeholders share their feedback).
Deployment and phase-in of the new resource model will take a number of months. Here’s a high level look at where we’re at, and what still needs to happen:
B1 releases code (Done)
Efforts on Testnets (Ongoing)
Official B1 release (TBD)
Effort on Testnets (TBD)
Deploy contract on Mainnet & create accounts (TBD)
Ongoing tuning of parameters (TBD)
Roadmap for phase-in of new model (TBD)
Roadmap for phase-out of current model (TBD)
WAX: GoPepe, RFOX, GPK S2, Nifty Box
Lots and lots of drops on WAX!
The GoPepe Cards just hit the marketplaces and collectors are busy completing collections.
Don’t be surprised when you see how many lower rarities are being burned, as this is a mechanism to upgrade your cards.
To learn more about the GoPepe Collection, check out their interview on NFT Hype.
The team cooperated with Designforall this season and will continue to work with other artists for following GoPepe releases.
As you might know, RedFox is far more than just a blockchain game studio and already has its own coin, the RFOX. And there’ll be a drop to all RFOX holders soon to power RedFox Games on WAX.
Check out the video message from RedFox CEO Ben Fairbank for more details.
The Waxplorer released a nice new feature for KOGs Collectors that makes it a lot easier to sort through a collection and finish a specific set.
We had 2 new members join the WAX Advisory Council this week as Joel Comm and Travis Wright from Bad Crypto Podcast and Blockchain Heroes got added to this prestigious lineup. These guys have developed a leading NFT brand on WAX and we are delighted to see them join the council. Their latest project, The Nifty Box, goes on sale on September 29th and is worth looking into! Are you more of an NFT Star or NFT King?
Ultra released more information about their recent benchmarking efforts, revealing that the Ultra version of EOSIO was able to execute an impressive 31% more transactions on average compared to a vanilla EOSIO deployment. On top of industry-best transfers per second (TPS), the consistency of successful transactions has also been excellent, revealing that the Ultra queuing mechanism works very well.
These EOSIO extensions will allow Ultra to offer:
Free transactions for users that need them
Fast transactions for developers
A secure queuing mechanism that can prevent spamming of the network
This week also came with a listing for UOS on KuCoin, and the big announcement of an Ultra & Atari partnership that will allow Ultra users to join an Atari dedicated community and play classic Atari games. Atari is also exploring the use of Ultra’s technology, including its NFT framework, to add a new twist to old classics. We can’t wait to see it all in action!
Here you’ll find a growing selection of DeFi projects on EOS, with relevant links and badges to signal the security status they currently hold.
We discussed the complexity of audits and MSIGs, and everything to consider when you evaluate the risk of an EOS DeFi project, in EOS Hot Sauce #72,.
It’s quite challenging to keep on top of all these new projects.
But EOSX has you covered, as it dynamically updates the status of a selection of EOS DeFi projects and lets you know which ones have been audited and MSIGed.
Projects will only receive an “Audited” badge if the audit or audit certificate is made public by the auditing firm. MSIG tags will only be awarded to projects whose token contracts and deposit accounts have been MSIGed with neutral third parties.
Yves La Rose, CEO of EOS Nation, wrote in Telegram:
“It’s one small step we can take to try and create a safer environment for token holders whilst not stifling innovation.
It does not remove the risk associated with participating in DeFi projects. Always manage your risk accordingly.”
Vigor won the Best Community Voted dApp Award of the EOS Writer in late June, and now it’s your chance to drop a comment for Vigor and get quoted in the upcoming EOSWriter article!
Last but not least we want to give a shout out to OKEx for their quick response to the community that requested EOS DeFi projects be recognized. OKEx had the community vote on 6 projects, and the winning projects, BOX and DMD, are already listed and available for trading.
Equilibrium will use the funds to build out its cross-chain money market to the Polkadot ecosystem and provide tools that enable other projects.
Equilibrium CEO Alex Melikhov said:
“Equilibrium’s mission is to open up the vast remaining potential within DeFi and maximize value for every DeFi user. Our technology lets us unite all major protocols and previously isolated digital assets, maximizing cross-chain liquidity so that anyone can transact with anyone.”
And the Equilibrium team is moving fast as their new product is already live on testnet.
The future is multi-chain and we’re happy to see this evolve.
EMANATE 1.6 Update!
The upcoming Emanate 1.6 update will bring a couple of long-awaited features to the platform.
Emanate users will soon be able to personalize their experience, follow their favourite artists, and save their favourite songs.
Emanate’s premium services are getting updates too..
From now on, services such as Premium Distro and access to EMT earnings can either be purchased via credit card or made available via staking. Music Lovers will need to stake 5000 EMT, whereas musicians will need to stake 25,000 EMT for the Pro Connect plan.
This goes hand in hand with another update: the option to finally be able to cash out your EMT earnings.
As a friendly reminder: Did you know that Emanate finished its closed beta in April and is already open for anyone to upload tracks?
Especially with the new updates, there’s hardly a reason for musicians and music lovers not to share their passion on Emanate.
The Tombstone Boomtown will be launched on Wednesday, September 30th, and it brings a brand-new map featuring all the usual Prospectors functionalities, but with a twist.
The life of the town is limited to 2 months, so the game strategy needs to switch from long term to short term planning.
With this new concept, the goal is to move fast, cooperate, build a business, and try to extract as much value as possible before the town dies.
Bonz Manifest of the Prospectors team gave us the following quote:
“The Boomtown challenge is a race against the clock, where players will work together to extract as much Gold, materials and resources in the most prosperous land ever discovered within the Prospectors reality. The concept is an entirely new type of gameplay for Prospectors. Players can experience the early days of a new land where the frenzy of new construction and searching for gold-rich plots, really emulates the Goldrush atmosphere.
The goal is to build the Railway in the allotted time. Those who help with the construction will earn shares in the railroad, and get their share of the profits from the transportation of the Gold, materials and resources that get sent back to the permanent world. The PSS shareholders will win the prize of the entire State property fund.
Keeping players busy and on their toes for the entire time should make this the most exciting version of the game yet.”
Find more information on how to prepare for this exciting new version of the Prospectors Game in the official announcement. If you haven’t checked out Prospectors yet, now is a perfect time.
Not only are they generating NFX tokens based on their Stake Age (the duration that EFX is staked), but their Stake Age will also be ported over and play an important role in the newly introduced Effect Staking Protocol 2.0.
In the upcoming Effect DAO, each member’s rank will be determined through the TriForce of the amount of locked NFX (the governance token), staked EFX, and its Stake Age. A higher rank in the Effect DAO means more benefits such as fee reward collection, dApp level privileges, and vote casting to influence the direction of Effect.ai.
The process of voting, submitting proposals, and the importance of engagement was explained in a previous article.
Overall, the Effect.ai core team is doing an awesome job educating the EFX token holders and preparing for a successful launch of the Effect DAO.
And we’re happy to report that from now on Effect.ai will support the Anchor Wallet for signing transactions.
This new building will provide the following offerings:
Registration for the Fiat Out Beta trial
Uplanders can upgrade to the Executive Status and order custom 3D model properties, which can then be placed on one of your properties as a special type of NFT
Directors Level Uplanders can order custom block explorers at City Hall
And soon more services will be available at City Hall, including registering for business licenses.
The Upland Community is moving full steam ahead into a metaverse of tradable NFTs, and to share the excitement we want to highlight a fun activity by Upland Fan Art and Upland Uncovered. They’re having a special NFT giveaway! But you only have until Wednesday, September 30th to submit an Uplift Fan Art Piece to the pool to participate – so jump on it!.
The new membership model has every new member starting with 100 OCM tokens, and additional tokens can be earned through purchases and referrals.
It’s a good strategy to build a sustainable community around organic foods, as this concept is all about sourcing quality foods, resulting in recurring purchases.
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.