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New Developments and Projects take DeFiChain to the Next Level
Discover the latest innovations on DeFiChain: from DeFiChain Domains and OpenDApps Cloud to the new Bison Wallet and much more!
In todays edition InTheMarket:
DeFiChain Domains -Introducing Web3-Domains
Unleashed - A new project on OpenDApps Cloud and DeFiMetaChain
JellyVerse - AMA Announcement
New Episode of "InTheMarket" with Lars Berge
New DeFiChain wallet "Bison" coming this summer
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!
DeFiChain Domains -Introducing Web3-Domains
In another project built on DeFiMetaChain, we have the introduction of DeFiChain Domains. This innovative project allows you to give your otherwise long and hard to remember wallet addresses, a memorable name.
In a recent blog post, the DeFiChain Domains team gave a brief introduction to the key components of Web3 domains: the registrant, the controller, and the resolver.
Registrant: this is you once you have purchased your domain. As the registrant, or owner of a registered domain, you can transfer the registration, set the controller, and reclaim ownership of the name in the registry if needed.
Controller: The user who has control over the domain. This does not necessarily have to be the registrant. A registrant can transfer control to another user. It is important to note that the controller can be changed by the registrant as well as the controller itself.
Resolver: A resolver is a contract that provides the mapping between a DeFiChain address and a .dfi domain name. When you enter an address or username in your browser or wallet, the resolver returns the corresponding DeFiChain address. The resolver contract is provided by the domain name owner and can be updated to change the mapping. In other words, the resolver stores the name-to-record mapping. So you set your domain to point to the actual wallet address.
The DeFiChain Domains team is working on full integration with your preferred wallet. Once this is complete, you'll be able to transfer funds with your domain!
For updates, follow them on Twitter at @defichaindomain. Stay tuned for exciting developments in the world of DeFiChain!
Unleashed - A new project on OpenDApps Cloud and DeFiMetaChain
Another exciting project is taking shape on the DeFiMetaChain: Unleashed. This project, which is built on the OpenDApps Cloud, was recently featured on the DeFiChain News Show.
Here are some highlights of the project:
Decentralized, equity-based company: Unleashed will be designed as a decentralized, share-based enterprise and implemented using OpenDApps Cloud solutions. This will automate business processes and financial transactions entirely on the blockchain.
Focus on wide availability: the team behind Unleashed is focused on creating products and services that are widely available in the traditional market but not yet available to fully decentralized businesses. To do this, they are focusing on a traditional user experience, but delivered through a decentralized OpenDApps Cloud subscription model.
WebPages as an example: one planned product is WebPages, a cloud website builder with a traditional user experience, but where subscription payments are made on the blockchain.
Unleashed has two main goals:
To allow decentralized entities to access widely available products that are currently only available through traditional financial subscriptions.
To open the door for traditional businesses to offer the same simplicity in user experience, but with decentralized subscriptions.
More information is expected to be made available by the end of the month and a prototype of the project is expected to go live on the #DMC testnet.
Unleashed is already a decentralized unit in the #DMC testnet. Stay tuned to see what else Unleashed has in store for the future. 👀
JellyVerse - AMA Announcement
The team at JellyVerse invites you to join the discussion! They are planning an Ask Me Anything (AMA) event where you can ask any burning questions directly to team members @benra88 and @Santiago__Sa.
AMA: The AMA is an opportunity to dive deep into the world of JellyVerse and get to know the team behind the project better.
Date and location: the AMA will take place on Tuesday, 07/18, at 20:00 CET. You can participate via this link.
Language: The AMA will be held in German.
Don't miss this chance to dive deeper into the world of JellyVerse and learn more about the project! 🌟