Octopus Network Progress Monthly Report | 2022.8.1-8.31

Full length 2972 words, expected to read 10 minutes Author: MiX

Octopus Network Highlights

1. The application chain Fusotao launched the main network and launched FXDX. FXDX is a DEX based on the Fusotao protocol. As an order book-style DEX, it has a good trading experience of CEX.

2. The application chain Discovol completes the mainnet launch.

3. Fusotao officially released Avatar Wallet, which is the first Substrate framework application chain wallet based on NEAR ecology and octopus ecology in the whole network.

4. In the communication of Community Call #2, Louis, the founder of Octopus Network, introduced the vision of Octopus Network community governance, including four formalized methods of community collaboration and community governance, the three powers of Octopus DAO, and the election of the Council Committee important issues such as strategy.

5. Octopus Accelerator will recruit more than 100 teams for the 2022 Autumn Web3 Entrepreneurship Camp, and the final 10 projects will participate in Showcase Day at 9:00 p.m. Beijing time on Wednesday, September 7.

6. Octopus Network's global Substrate training program expanded to 2 new countries, namely Nigeria and Mexico.

Technology R&D progress

Octopus Network & Apps

https://mainnet.oct.network/appchains

1. Application chain Fusotao completes the mainnet launch

2. The application chain Discovol completes the mainnet launch

3. The application chain UniqueOne enters the Booting stage

4. Octopus Network WebApp update, including the data display on the home page and several optimizations related to the verifier-related functions of the application chain page

Octopus Network Contract

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

The Registry contract is mainly to manage the entire life cycle of the application chain

Octopus Network Registry and Anchor contract update, including selecting the template type when registering the application chain, EVM application chain, etc.

Octopus Network IBC Module

Through Substrate IBC, the full interconnection of Octopus Appchain, Cosmos and Polkadot can finally be realized

https://github.com/octopus-network/substrate-ibc

Substrate IBC module completes 4th milestone

Octopus network cross-chain bridge

https://mainnet.oct.network/bridge

Update Octopus network cross-chain bridge, optimize EVM application chain native Token cross-chain support

Ecological application chain development

As of August 2022, Octopus Network has launched 6 application chains, namely: Fusotao, DeBio, Myriad Social, DEIP, Atocha and Discovol; 8 candidate application chain items, namely: Uniqueone, PortalVerse, Attarius, Create Protocol, TrustRecruit , Yogain, Plats Network, and Horizonland. The recent key progress of the project is as follows:

Fusotao Protocol

Matching Verification Protocol for Order Book DEX

Fusotao launches mainnet and launches FXDX

FXDX is a DEX based on the Fusotao protocol. As an order book DEX, it has a good trading experience of CEX.

User Guide:

https://medium.com/fusotao-protocol/fusotao-mainnet-and-fxdx-user-guide-30f7926d8568

Fusotao officially releases Avatar Wallet

The first Substrate framework application chain wallet based on NEAR ecology and octopus ecology in the whole network, it is better to use with FXDX.

Twitter graphic:

https://twitter.com/FusotaoProtocol/status/1553335000615251968

Download link:

https://chrome.google.com/webstore/detail/avatar-wallet/ckfhnogibicdkfkijinnacpmmobbhbjk

Myriad.Social

Web3 social media platform

Myriad users can use tokens to send small rewards to anyone on Twitter and Reddit, even if the other party has not joined Myriad. Currently, the tokens that Myriad can use as rewards already support OCT, MYRIA, DBIO, ATO and DEIP.

This is a very good function, which can help Myriad pass on the social mode of Web3 to more people, and also allows us to see the germination of the multi-chain ecological network benefits of the Octopus network.

Twitter graphic:

https://twitter.com/myriad_social/status/1555781451647426562

DISCOVOL DAO

Global Open Content Curatorial Collaboration

DISCOVOL has completed the launch of the main network, aiming to provide users with high-quality content screened by professionals. Interview with Faye for an in-depth look at DISCOVOL in the Meet the Appchains series by Vivi Lin - Web3 Advocate.

On August 12, DISCOVOL held an AMA in the octopus network community

Twitter graphic:

https://twitter.com/oct_network/status/1557770602408288262

Uniqueone

Multi-chain based NFT exchange

Uniqueone won the application chain voting and entered the Boot stage.

Portalverse Network

Decentralized Cloud Gaming Protocol

ProjectOasis becomes Portalverse Network's first metaverse partner.

Twitter graphic:

https://twitter.com/Portalverse_Net/status/1556639523375022080

Location Network

Community-owned Web3 marketing platform

On August 14th, Plats shared and communicated at the BUILDING IN THE WEB3 ERA salon event co-hosted by Octopus Network and GFS Ventures.

Twitter graphic:

https://twitter.com/Portalverse_Net/status/15566https://twitter.com/plats_network/status/156318239543139123439523375022080

Octopus Network Community Governance

Octopus Network Community Call #2

Vision for Octopus Community Governance

At 21:00 on August 8, 2022, Beijing time, Community Call #2 will be held as scheduled. Key topics include:

1. Founder Louis introduced the concept of Octopus Network community governance, including four formalized community collaboration and community governance methods, the three powers of Octopus DAO, and the election strategy of the Council Committee and other important issues.

2. The design reason why the client needs to pay the verifier 20% Commission fee.

3. Prepare for NEARCON 2022.

4. Portalverse Network completed a multi-million-dollar seed round of financing, and Octopus and Portalverse jointly promoted the Chinese and British markets.

5. Octopus Network updated the Appchain template to support cross-chain transfer of NFT and EVM.

In-depth series content "Octopus must read" is online

1. Why is the commission fee ratio of Octopus network validators fixed at 20%?

Twitter graphic:

https://twitter.com/MixWeb3/status/1561002781967650817

2. Why is the pledge unlocking period of Octopus Network 21 days? Can delegators have a shorter unlock period than verifiers?

Twitter graphic:

https://twitter.com/MixWeb3/status/1564230720528289792

Accelerate the construction of octopus ecology

Octopus Accelerator will recruit more than 100 teams for the 2022 Fall Web3 Entrepreneurship Camp

The video "Meet the Accelerator" led by Vivi Lin - Web3 Advocate provides a comprehensive introduction to Octopus Accelerator.

Woori, head of Octopus Accelerator, moderated the AMA - Octopus Accelerator Fall 2022 Info Session.

Audio link:

https://open.spotify.com/episode/7brDogX8wWzfLzEgnip34r

The 2022 Autumn Web3 Entrepreneurship Camp held a total of 9 online courses and seminars; 74 one-to-one Office Hours were held to screen high-quality application chain projects and provide consultation and assistance.

Course address:

https://accelerator.oct.network/course

The Accelerator Showcase Day received 70 applications, interviewed 20+ projects, and finally selected 10 projects to be selected. The Showcase Day is scheduled for Wednesday, September 7 at 9:00 pm Beijing time. Looking forward to it!

Octopus Network Global Substrate Technical Training Program

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

In August 2022, Octopus Network's global Substrate training program will expand to 2 new countries, namely Nigeria and Mexico.

1. As the first Substrate training course in Nigeria, the first 6 sessions have been completed.

Detailed address:

https://medium.com/oct-network/octopus-network-global-substrate-training-launches-in-nigeria-303414d4adb6

2. Completed the first 4 lessons of the first Substrate training in Mexico.

3. The third Substrate training of Octopus Network Vietnam has completed 4~6 lessons, and the Substrate Mini Hackathon has started.

Octopus Global Reach

Chain Catcher | Web3 Great Navigation Era Talks

On August 26, 2022, the "Web3 Great Navigation Era Talk" hosted by Chain Catcher invited Mr. Louis, the founder of Octopus Network, to share on the theme of "Discovering the Commercial Value of Web3", focusing on the "next Web3" that the industry has been looking forward to. Killer App" for an in-depth discussion. ‍

Building beyond the hype-Octopus Network NEAR

At 10 o'clock on August 10th, Beijing time, David Morrison of the NEAR Foundation interviewed Vivi Lin, a partner of Octopus Network. Topics such as how to build a multi-chain network centered on NEAR were discussed in depth.

Twitter address:

https://twitter.com/NEARProtocol/status/1556965515616190464

Podcast address:

https://open.spotify.com/episode/7BIHn1oxfKt4xdr4Nuk188

All Time High! Interview with Octopus Network Aaron@Head of Marketing

The interview is divided into two parts, the Youtube link is as follows:

https://www.youtube.com/watch?v=xaGQIunrKGo&t=1s

https://www.youtube.com/watch?v=sW3B3pnm1Vs&t=38s

Web3 gaming with NEAR

On August 26th, Beijing time, Vivi Lin, partner of Octopus Network, was invited to participate in the theme discussion of GameFi in NEAR Town Hall .

Youtube address:

https://www.youtube.com/watch?v=mW_OJCFi47A

On August 30th, Beijing time, Vivi, on behalf of the Web3 infrastructure project Octopus Network , participated in the Twitter Space discussion of the NEAR ecosystem GameFi.

Podcast address:

https://open.spotify.com/episode/4uSihHSBw3mDdmhtz7xIK