Bounce Weekly Newsletter -6/9
Welcome to Bounce Weekly Newsletter!
This is where you’ll find your weekly dose of all news from the crypto market and beyond. From the freshest updates from Bounce Finance, to exciting project highlights and some of the most compelling auction news from around the world, we’ve got you covered. We’re here to keep you informed and engaged, transforming our newsletter into your one-stop-shop for updates. So sit back, grab your favorite drink, and join us as we dive into this week’s hot topics.
Expanding Horizons: Bounce Finance’s New Partnerships and June 2023 Roadmap
Bounce Finance recently announced its support for Celo, a mobile-first Layer 1 blockchain compatible with Ethereum Virtual Machine (EVM). Bounce users can now create and participate in various decentralized auctions on the Celo network through Bounce’s app. Besides Celo, Bounce Finance also supports over 20 blockchains including Polygon zkEVM, Arbitrum One, zkSync, Harmony, Kava, Moonbeam, Moonriver, Fantom, Aurora, etc. Bounce Finance continues to expand its integration with more blockchain ecosystems and provide a comprehensive decentralized auction platform catering to diverse market demands.
In another progressive step, Bounce Finance has announced partnership with Sei, known as the fastest Layer 1 blockchain for trading. The potential of this partnership is boundless, sparking considerable anticipation as we eagerly await the innovative benefits this union is poised to bring.
A couple days ago, Bounce Finance released a development roadmap for June 2023, filled with notable initiatives. One of the significant goals is the launch of the highly-anticipated real-world collectible auction. Partnering with FOUNDO, a luxury brand known for its innovative use of blockchain technology and exceptional craftsmanship, Bounce Finance will auction a captivating diamond necklace shaped like an angel’s hand holding a diamond. Stay tuned for more details about this exquisite auction as Bounce Finance prepares to unveil it soon.
Other goals down the pipeline include integrating the OKX wallet, releasing a mobile app version, and expanding auction services to introduce fixed-price and English auctions for NFTs. Also on the horizon are strategic partnerships with Galxe Passport and Galxe’s Credentials, as well as the introduction of a novel auction type ensuring proportional allocation based on bid amounts. These advancements underscore Bounce Finance’s dedication to its Auction as a Service mission, aiming to transform on-chain auction experience with an immersive and user-focused platform. For more details about these upcoming developments, feel free to check out this roadmap article.
Sei Blockchain: Top-Speed Trading, Community Power and AI+Web3 Pitch Competition
Sei is the fastest Layer 1 blockchain for trading, known for its unique chain-level optimizations that enable decentralized exchanges and trading apps in NFTs, gaming, and DeFi to offer the best user experience. With over 150 teams deploying on Sei, including projects from Ethereum, zkSync, Solana, Avax, Polygon, and Sui, Sei is revolutionizing the way we interact with blockchain technology. The Sei team comprises talented individuals with backgrounds at Google, Goldman Sachs, Robinhood, Nvidia, and Databricks, bringing a wealth of expertise to the project. Additionally, Sei has raised over $30M in funding from prominent investors such as Multicoin, Jump, Coinbase Ventures, Flow Traders, Hudson River Trading, Anchorage, LayerZero, and StepN.
Sei has been making significant strides in its development and ecosystem expansion. Joining forces with its dedicated community, Sei recently wrapped up its successful “Sei Bridge Test Event”. This event harnessed the collective power of the community to test Sei Bridge across multiple networks, proving the strength of shared participation.
Not stopping there, Sei has forged a partnership with OnePiece Labs to orchestrate an AI+Web3 Pitch Competition, empowering founders and developers from around the globe to compete for an impressive prize pool exceeding $30,000! This FREE online event presents the golden opportunity to explore how AI can further enable blockchain technology, showcase your skills, learn from experts, and network with fellow developers, designers, and entrepreneurs from around the world. The event will last for 8 days, from June 22 9PM to June 30 9PM EDT.
Scroll: Scaling Ethereum with zkEVM and Alpha Testnet Milestones
Scroll is a zkEVM-based ZK-rollup that aims to scale the Ethereum network while maintaining high security and enabling native compatibility for existing Ethereum applications and tools. By offloading transactions off-chain and presenting concise proofs of correctness on-chain, Scroll offers higher throughput and lower costs compared to Ethereum’s base layer, empowering the deployment of decentralized applications (Dapps) on the Scroll network. The Scroll team has been dedicated to pushing the boundaries of Ethereum’s capabilities, focusing on scalability, EVM equivalence, and security.
Scroll’s Alpha testnet has witnessed three months of thriving activity, with an ever-growing array of promising projects joining the dynamic Scroll ecosystem, including Bounce Finance. The Scroll team recently streamlined and revamped their website’s user interface.
On the ZK front, the Scroll team is actively engaged in enhancing their capabilities. They are working on optimizing the EVM identity, ecrecover, and modexp precompiles to bolster support for a broader range of contracts. Furthermore, they have successfully refactored their binary Poseidon tree implementation and are seamlessly integrating it into their super circuit, fortifying the overall efficiency and robustness of the Scroll ecosystem.
For those seeking to contribute to Scroll’s groundbreaking vision, the Scroll team is actively hiring for three essential positions: Strategic Partnerships Manager, Blockchain Infrastructure Engineer, and Protocol Researcher. If you’re interested, visit their jobs page.
Kakarot: Vitalik Buterin and StarkWare’s Investment in a type 2.5 zkEVM
Ethereum co-founder Vitalik Buterin and blockchain scaling enterprise StarkWare are investing in a new project called Kakarot, a type 2.5 zkEVM written in Cairo on Starknet. Kakarot leverages STARK proofs for provable transactions and blocks to guarantee transparency and security.
Last week Kakarot released their development roadmap which encompasses three significant phases. It begins with integrating an Ethereum Virtual Machine (EVM) into Starknet L2, enabling developers to deploy EVM-compatible smart contracts on Starknet. In the second phase, Kakarot and Madara unify to initiate Layer 3 zkEVMs, facilitating the deployment of zkEVM app-chains and the use of validity proofs for transaction settlement. The third phase involves evolving Kakarot and Madara into a type 1 zkEVM capable of proving L1 blocks. This evolution relies on writing the Ethereum consensus rules in Cairo within the Madara x Kakarot full node and switching from Pedersen Merkle Patricia Trie to Keccak MPT.
Overall, Kakarot envisions a multi-layered approach to address the scalability challenges faced by Ethereum. By leveraging Layer 2 and Layer 3 solutions, along with planned upgrades to the Ethereum mainnet, Kakarot aims to create a more scalable and interconnected blockchain ecosystem.
OKX Wallet: Facilitating Web3 Exploration and Launching Cryptopedia Season 2
OKX Wallet is a developer-friendly, multi-chain, secure, and decentralized blockchain wallet designed for seamless Web3 exploration and DApp integration. As the first genuine multi-chain wallet, OKX Wallet supports both EVM and non-EVM chains, providing unparalleled support for mainstream networks. Recent upgrades, such as the custom network mode, facilitate easier contract deployment and testing, providing an invaluable resource for developers.
Coupled with OKX Wallet’s unique features is a robust security system. Connected to the KYT system, OKX Wallet has the capability to identify fraudulent projects and alert users accordingly, ensuring their digital assets are secure.
OKX Wallet is launching Cryptopedia Season 2, a knowledge-sharing initiative focused on cryptocurrencies and blockchain technology. The upcoming season will cover topics such as decentralized finance (DeFi), non-fungible tokens (NFTs), and other emerging trends in the crypto industry. Season 2 will feature industry experts, thought leaders, and influencers who will share their expertise and insights. The goal of Cryptopedia Season 2 is to provide educational content and empower users with knowledge to make informed decisions in the crypto space. Stay tuned for the official launch of Cryptopedia Season 2 on OKX Wallet for more details and updates.
Mercedes-Benz To Launch NFT Project
Mercedes-Benz NXT, the Web3 arm of Mercedes-Benz, is collaborating with Fingerprints DAO and artist Harm van den Dorpel to launch “Maschine,” a generative art NFT collection. Inspired by automotive concepts, the collection features 1,000 unique Ethereum-based tokens, portraying the themes of velocity and perception. The NFT sale will begin as a Dutch auction on June 7.
Mercedes-Benz NXT plans to release three “core” collections, managed by 0xNXT, alongside other peripheral projects in its NFT ecosystem. This partnership bridges the gap between digital and traditional art, showcasing blockchain’s potential.
Fingerprints DAO, a decentralized autonomous organization, has curated a gallery of exceptional NFT art, including Autoglyphs by Larva Labs and Loot Bags. The collaboration with Mercedes-Benz NXT further establishes the value of digital art within the Web3 space.
“Art is the mediator of the unspeakable.” — Johann Wolfgang von Goethe
This profound quote by the renowned German philosopher Johann Wolfgang von Goethe resonates with the collaboration between Mercedes-Benz NXT, Fingerprints DAO, and the “Maschine” NFT collection. The quote highlights the role of art as a means of expression for concepts and experiences that cannot be easily articulated through words alone.
In the context of the article, the “Maschine” NFT collection, inspired by automotive concepts, utilizes generative art to convey themes of velocity and perception. Through the fusion of digital art and blockchain technology, the collection becomes a medium for expressing and exploring concepts that may surpass the boundaries of traditional language.
As Goethe suggests, art has the power to bridge the gap between the ineffable and the tangible, allowing us to connect with and communicate profound ideas and emotions. In this collaboration, the “Maschine” collection becomes the mediator, utilizing art as a vehicle to convey the intangible beauty and innovation inherent in the merging of automotive concepts, digital art, and blockchain technology.
RM Sotheby’s and ACO Present: The Le Mans Centenary Auction — A Milestone in Sports Car History
RM Sotheby’s, in partnership with Le Mans and the ACO (Automobile Club de l’Ouest), will host a special Le Mans Centenary auction during the landmark running of the race from June 6th to June 11th, 2023. This exclusive auction will feature 24 sports racing cars with significant race histories at the 24 Hours of Le Mans, the world’s most thrilling sports car motor race.
The auction will be an exciting part of the 2023 edition of the race, adding to the festivities planned to make the 100th anniversary event an unforgettable experience. It promises to be the most significant sale of sports competition cars ever offered, providing a unique opportunity for collectors and enthusiasts to own these legendary vehicles.
The Le Mans Centenary auction celebrates the enduring legacy of “the greatest race on earth” and offers a fantastic chance for participants to immerse themselves in the excitement and historical significance of the showcased sports racing cars.
We leave you on a quote to ponder on
“Creativity is contagious. Pass it on.” — Albert Einstein
Power at the palm of your hands, what will you do next?
About Bounce Finance
Bounce Finance is a decentralized auction protocol that empowers users to create and participate in diverse types of auctions across multiple blockchain networks. With a strong focus on Auction as a Service, Bounce Finance offers a seamless, transparent, and secure auction experience with a wide range of products, including Token & NFT Auctions, Real-World Collectible Auctions, Ad Space Auction, and SDKs & Plug-Ins. Recently, Bounce Finance has also introduced Private Launchpad services, an on-chain solution designed to streamline IDOs for new projects. Leveraging the transparency and efficiency of on-chain auctions, Bounce Finance is committed to providing comprehensive support and state-of-the-art services to promising projects, facilitating their growth and success.
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