EOS Nation’s EOS Hot Sauce is also available in video and audio formats shortly after the article is published.
The EOS Mainnet’s upgrade to EOSIO 2.0 was completed this week, plus Block.one has introduced a suggested rebrand for the new resource model: the EOS PowerUp Model. What a week for the Mainnet!
Regarding the full activation of EOSIO 2.0 on the EOS Mainnet, technical features such as WTMSIG_BLOCK_SIGNATURES, REPLACE_DEFERRED and NO_DUPLICATE_DEFERRED_ID are now enabled and all EOS nodes that were still running on EOSIO 1.8 have been forked off the network.
Looking to the future, the next big change coming to the EOS Mainnet is the deployment of the EOS PowerUp Model. This week we saw Block.one publish the official release candidate for the EOS PowerUp Model and block producers immediately started testing the code on both Jungle and Kylin testnets.
Here are some resources that can help you better understand both the model and the upgrade process. Of course the excellent Block.one PowerUp video explanation is a must watch, and we also recommend the high-level explanation posted by Kyle from EOS Vibes as he adapts his popular “EOS as Real Estate” analogy to the new resource model. The analogy clearly highlights the increased efficiency that the EOS PowerUp Model will bring to the network.
There was also a great discussion in our EOS Nation Telegram channel between the Cryptonomist writer Alfredo de Candia and EOS Nation CEO Yves La Rose as they break down many commonly held questions about the transition process to the new EOS PowerUp Model.
We look forward to activating the EOS PowerUp Model on the EOS Mainnet in 2021!
High interest Vault & Flash Loans are now available on EOS! Vaults follow interest yielding strategies that are designed to maximize the yield of the deposited asset and minimize risk while flash loans allow users to borrow high amounts of liquidity instantly, with no collateral and near-zero fees.
Both contracts have been audited by SlowMist (vaults & flash loans) and MSIGd with reputable teams from the EOS community. We highly recommend doing your own due diligence if considering to participate in these new DeFi platforms.
Learn more about these flash loans in the Cryptonomist article and head on over to the EOSX DeFi Vaults webpage to look up statistics such as Total Value Locked.
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 in this publication. Manage your risk accordingly.
The Chintai team has made a strong case for tokenized real estate assets on EOS.
According to a recently published article, they have already developed a comprehensive industry solution, including an integrated issuance portal and secondary exchange functionality, which automates regulatory compliance. Additionally, they created a go-to-market strategy and are currently working with a group of strategic advisors, forging new partnerships behind the scenes.
Chintai, a general-purpose security token issuance platform based on EOS, has recently made the real estate market their main focus. They share multiple reasons for why the real estate market is perfectly suited for tokenization and most likely will be one of the first major sectors to adopt DLT technology.
Key benefits include:
Through fractionalization, real estate assets can virtually be broken down into smaller units, which effectively enables the creation of liquid markets.
Through reliable automatization of processes that are currently still being done manually, lots of administrative overhead becomes obsolete and trading can continue 24/7.
DLT-based real estate markets provide a transparent, immutable and mutually trusted single source of truth, which removes friction and lengthy audits between parties that currently rely on their own disparate data sources.
The Chintai team has also looked into other platforms for tokenized real estate on other blockchains, and their research concluded that the EOS Mainnet is by far the superior choice. That is in terms of speed and transaction cost, as well as regulatory and compliance requirements. Tokenized real estate on EOS can be 100% on chain, which is a requirement for full compliance.
We highly recommend reading the article, and we’re looking forward to real estate on EOS powered by Chintai.
As any WAX NFT fan will know, last week was jammed packed with NFT releases and we don’t expect this trend to slow down anytime soon! To help the NFT community better stay on top of all these exciting releases, we have put together an NFT Release Calendar that allows users to quickly see which release is coming up next. There are links to relevant websites and social media channels and we’ve even included an “add to calendar” button for those releases you absolutely don’t want to miss!
Working on an NFT project that you’d like to see included in our calendar? Reach out to us on Twitter or Telegram and we’ll be happy to add your project to our calendar, just like we did with HodlGod when they reached out to us this week.
HodlGod is a multi-chain 3D battle royal game that’s having its NFT sale launch on WAX on December 21, 2020 at 1700 UTC. We jumped on a call with Marc from Onessus this week to get the latest information on this innovative game and we’re happy to share what we’ve learned.
HodlGod is a skill-based game that promises to elevate the stakes of blockchain gaming. The upcoming alpha version will feature a PvP Battle Royal Arena while the beta version will introduce the exciting Purgatory Mode that pits your 2-man team against either the environment (PvE) or other 2-man teams (PvP) as you progress through the various levels.
A successful run-through of Purgatory mode should last about 4-5 hours with four stages alternating between PvE and 5-team matches of PvP. This mode allows players to loot Immortal shards and craft their bounty contracts which provide quests for Immortal Gear. Similarly to an arcade, each Purgatory run costs 1 Game Credit to play. However, unlike arcade games, successful players can earn more from Purgatory than the cost to play, if they get far enough. Another interesting feature is that players can, at certain points in the game, go to a “safe zone” in order to stop the playthrough and cashout earnings they have accumulated up to that point. Are you going to cashout your guaranteed profit or are you willing to risk it all for maximum profit, glory and a chance to get your Immortal Gear?
It’s important to note that regardless of how much Immortal Gear you’ve managed to accumulate in previous playthroughs, a new Purgatory Mode will see all players start off with the same basic stats. The difference in abilities from player to player come from the different gear which you accumulate through the four stages, in addition to the Immortal shards that you can have as main-hand and off-hand weapons, armor or bow.
On December 21st, players are invited to participate in the Immortal Genesis sale on WAX to buy Immortal Genesis Packs or Genesis Starter Packs.
Each of the 5000 Immortal Genesis Packs will cost $49.99 USD and contain 125x Game Credits and 3 Immortal Shards, while each of the 13,000 Genesis Starter Packs available will cost $19.99 USD and contain 50 Game Credits and 1 Immortal Shard.
Once the game is launched, Game Credits will cost $1 USD each, making these NFT packs very valuable if you plan on trying out HodlGod!
Interested in this launch? Head on over to the NFT Release Calendar and set up your reminder!
The Cryptowriter Community started to publish a selection of their articles in a podcast format, which is a great opportunity to catch up on recent developments or learn about specific crypto-related topics.
We really enjoy the well-curated content and extra effort that the writers put into their work. Given the new wave of attention that blockchain and cryptocurrencies have gained in recent weeks, trustworthy sources are high in demand and we’re happy that this group of open-minded crypto enthusiasts, chose Voice to be their platform.
While we fully support the blockchain agnostic approach of the Cryptowriter community, we especially want to highlight the playlist that exclusively focuses on EOS related articles.
Make sure to give it a listen.
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 never accept 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 info@eosnation.io.
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
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.
Chief Operating Officer (COO)
Responsibilities include: product management, operations, community
Location: Toronto, Canada
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.