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  • From MetaChain Testnet innovations to new partnerships and community spaces.

From MetaChain Testnet innovations to new partnerships and community spaces.

In todays edition InTheMarket:

  • What is DeFiChain Labs?

  • DeFiChain X Space with DeFiChainDomains

  • JellyVerse partnership with Dmany

  • ebox is now live on the MetaChain Testnet

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!

What is DeFiChain Labs?

The birth of DeFiChain Labs

DeFiChain Labs is an independent, open source initiative focused on innovation. Born from the union of DeFiChain's core contribution teams, DeFiChain Labs drives growth strategies, organizes ecosystem-enhancing initiatives such as hackathons and collaborations, and manages blockchain development for DeFiChain and MetaChain.

Transformation and core values

Formerly known as the core DeFiChain Foundations, this organization has transformed. Its predecessor organization, DeFiChain Foundation Limited, was deregistered and in its place a non-profit foundation was established in the BVI to focus on administrative tasks and the protection of DeFiChain's intellectual property rights. Daniel Zirkel (DZ) acts as an intermediary and communicator between the new foundation and the community.

As the research and development arm of Cake Group, Birthday Research is responsible for building decentralized apps (dApps) and protocols on the DeFiChain network. Products such as the Light Wallet and Quantum Bridge can be traced back to them.

What does the future hold?

DeFiChain Labs is responsible for the next phase of DeFiChain's development, in line with the upcoming launch of the MetaChain mainnet. This initiative aims to increase community engagement, foster innovation, and streamline communication.

Conclusion

DeFiChain Labs marks a significant milestone for the DeFiChain community and promises to unleash new potential and pave the way for the MetaChain mainnet. Keep an eye on DeFiChain Labs' social channels for the latest updates.

Related Links:

With that, we close the chapter on DeFiChain Labs and look forward to upcoming developments that will undoubtedly be of interest to both investors and the broader blockchain community.

DeFiChain X Space with DeFiChainDomains

About the project

DeFiChainDomains is an exciting project within the DeFi Meta Chain (DMC) ecosystem. It was recently featured in the DeFiChain X Space, with Leo representing the project. If you want to know more about it, you should know that I already interviewed Leo a few weeks ago in my podcast "InTheMarket". In that conversation, Leo even "leaked" the user interface of the project.

The Interview and the Space

If you want to get a first impression of DeFiChainDomains, I recommend the interview in the podcast "InTheMarket", which is available on YouTube. Here is the link to the video. For those who want to follow the discussion in the DeFiChain X Space, you can find the link to the Space on Twitter here.

What's next

Since the UI has already been "leaked", we can probably expect more exciting developments soon. So keep an eye on social media and of course the DeFiChain X Space to not miss any updates.

The chapter on DeFiChainDomains closes with great anticipation for what this innovative project could mean for the DeFiChain ecosystem in the future. Stay tuned!

JellyVerse partnership with Dmany

An innovative step into the future

JellyVerse has announced an exciting partnership with Dmany. In case you don't know, Dmany is a decentralized engagement platform that rewards you and other users for your interaction and content creation.

How does it work?

Initially, you'll get USDT for your content, but you might get JLY tokens as rewards in the future. You'll get quests to complete, which encourages a natural and organic growth of the project. So the community will be incentivized to actively participate in the project.

AMA meeting - Not missed hopefully!

The AMA with Dmany has already taken place. If you missed it, no problem: you can certainly find all the important info in the wrap-up.

Here's the link to the AMA announcement on Twitter and for even more details, visit Dmany's website.

Stay tuned

This partnership could be an important step for JellyVerse and Dmany. It promises exciting incentives for the community and could spark a new wave of engagement across the ecosystem.

Get involved, follow Dmany on Twitter, and be on the lookout for the next X Space!

These are all exciting developments that you should definitely keep an eye on! 🔥

ebox is live on MetaChain Testnet

Exciting news for all testers!

ebox has announced its official launch on DeFiChain's DefiMetaChain testnet! This is a fantastic opportunity for everyone interested in secure sending and Over-The-Counter (OTC) trading.

What's new?

  • Secure sending: Only the correct recipient can retrieve the funds sent, and the sender can cancel the process at any time.

  • OTC trading: Thanks to a smart contract, there is no need for a third party. The trade is completed only when all conditions are met.

And there are even rewards!

Yes, you heard me right! There will be rewards, so stay tuned for more updates.

How to test?

The following steps are necessary to start testing:

Here is the direct link to the ebox Escrow app and the announcement tweet for those who want to know directly from the source.

Conclusion

Implementing ebox on the MetaChain testnet is an exciting step for anyone interested in the possibilities of DeFiChain technology. This testing phase will certainly provide many insights into how ebox and MetaChain can work together in the future. Be a part of it and test it out! 🔥

🎧 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:

💬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 these two e-books helpful:

Also, to keep you continuously updated, we have a special AI newsletter. You can subscribe here.

Best regards, Peddy