In todays edition InTheMarket:

• DMCU Legacy Collection Giveaway

• MetaChain Layer Countdown

• DeFiChain DevHack 2023

• Knowledge transfer in the DeFiChain Community

Read time: 4 minutes

^Hey,

Welcome to a new edition of the InTheMarket newsletter! There are exciting news and developments in the world of DeFiChain. Let's get started right away!

DMCU Legacy Collection: A competition from DMC Universe

The DMCU Legacy collection by DMC Universe is more than just a simple collection - it embodies a story that represents the core values and vision behind the project. The artistic mind behind this collection is Aen, known for his design of the DFI logo and emblems for dTokens such as dUSD. His creations are not only visually stunning, but also an expression of the blockchain ethos and innovation of the DMC Universe.

Chance to win an exclusive DMCU Legacy Sweater:

DMC Universe bietet nun drei glücklichen Gewinnern die Möglichkeit, einen exklusiven DMCU Legacy Sweater zu gewinnen. Um teilzunehmen, müssen folgende Schritte befolgt werden:

1. Subscribe to the monthly DMC Universe newsletter.

2. Follow DMC Universe on X/Twitter, share their announcement tweet and tag 2 people in the comments

3. Join their telegram-group and propose a feature you’d like to see on the platform.
   
   Here you can access all relevant information!

DMC Universe presents future plans and new features

DMC Universe, the massive project in the DeFiChain ecosystem, recently had the opportunity to present its future plans and new features in a DeFiChain Spotlight Twitter Space. Interested parties can listen to the space via the following link: DeFiChain Spotlight X Space.

Highlights from the X Space:

• DMC Universe provided insights into the planned developments and the vision for the future.

• New features that will be introduced soon were presented and discussed.

DMC Universe at the DeFiChain Meetup in Munich

• NIn addition to the Twitter Space, DMC Universe was also represented at the DeFiChain Meetup in Munich.

  There, the team gave a presentation in which they provided deeper insights into their work and the project's future plans.

These appearances by DMC Universe are a sign of the constant growth and further development within the DeFiChain ecosystem. They offer the community valuable information and an opportunity to get in direct contact with the creators behind the projects.

MetaChain Layer: Building a bridge between Bitcoin and Ethereum

The upcoming MetaChain layer update is not only a milestone for the DeFiChain, but also a groundbreaking step in the world of blockchain technologies.

The countdown to this important step has begun. Wednesday MetaChain upgrade will go live and also the DUSD Staking!

How hyped are you? Do you know its impact on DFI?

The launch of the MetaChain layer is a pivotal moment for DeFiChain and a sign of the ongoing innovation and development in the crypto space.

DevHack 2023: A Highlight for DeFi-developer

DevHack 2023, one of the biggest DeFi hackathons of the year, is just around the corner. With a prize pool of over $25,000 and two physical events in Bangalore, India, this hackathon is a major platform for innovation in the DeFi space.

Key aspects of DevHack 2023:

• Prize pool: more than $25,000 awaits winners.

• Physical events: Two events in Bangalore offer networking opportunities.

• Ten-day development phase: An intensive time for developers to turn their ideas into reality.

For more information on the hackathon and to register, visit DevHack 2023, which promises to be an essential meeting place for creative minds in the DeFi space.

What is a Hackathon?

A hackathon is an event where developers, designers and other creative minds come together to work on projects in a short, intensive phase. Often a hackathon only lasts a few days or a weekend, and the aim is to develop working prototypes or solutions within this time.

Characteristics of a hackathon:

• Teamwork: Participants form teams and work together on projects.

• Innovation: The focus is on developing new ideas and creative solutions.

• Competition: There are often prizes for the best projects, which are assessed by a jury.

• Intensity: Hackathons are known for their intense working atmosphere, where participants often work late into the night.

Hackathons are very popular in the tech and startup world as they offer a unique opportunity to achieve a lot in a short space of time while learning new skills and socialising.

Knowledge transfer in the DeFiChain Community - The key to success

The importance of enlightenment

Educating and sharing knowledge about DeFiChain and MetaChain in particular will be an essential part of community work in the future. There is a wide range of knowledge and engagement in the DeFiChain community: from people who are deeply immersed in the subject to those who are just starting to engage with the topic.

Bridging the knowledge gap

Many of us perhaps live in a kind of bubble and assume a certain level of basic understanding, which the majority do not have. It is therefore important to present and explain complicated topics in a simple and understandable way.

Important measures:

• Simple and clear communication: Complex topics such as how MetaChain works should be explained in simple language that is understandable even for beginners.

• Educational materials: Creation of guides, tutorials and other information resources that are tailored to different levels of knowledge.

• Interactive learning opportunities: Workshops and Q&A sessions can help transfer knowledge in an interactive and engaging way.

• Community support: Experienced members of the DeFiChain community can act as mentors to help newcomers get started.

Conclusion:

Sharing knowledge and removing information barriers are critical to making DeFiChain a successful project. By educating and supporting the community, we create a stronger, informed and engaged community that drives the growth and development of DeFiChain.ß

🎧 Dive Deeper with InTheMarket Podcast and YouTube Channel

Want to explore more about DeFiMetachain? Check out our podcast episodes on Spotify and Apple Podcasts, and don't miss our YouTube video where we discuss DMC in detail:

• Spotify

• Apple Podcasts

• YouTube:

💬Share Your Feedback with Us

That's all for now! Thank you for being with us on this exciting journey. Don't forget to share our DeFiChain newsletter with your friends and colleagues. Let's grow this community together!

We understand that blockchain and DeFi might not be the only topics that you're interested in. In a world increasingly dominated by technology, AI and machine learning are two more key areas that are becoming ever more relevant.

If you're interested in learning more about AI, particularly on how you can effectively utilize it in your studies or content creation, you might find this e-book helpful:

• Master Content Creation with AI: The Ultimate Guide for Content Creators to Boost Efficiency

Best regards, Peddy