Ontology Weekly Report (May 16–22, 2023)

    Highlights

    Ontology has updated the partners page on the official website. More than 70+ partners are now listed. We love partnerships and the collaborative spirit that fuels the Web3 movement.

    Latest Developments

    Development Progress

    • We are 85% done with the high ledger memory usage optimization.
    • We are 85% done with the EVM bloom bit index optimization.
    • We are 75% done with the optimization of ONT liquid staking.

    Product Development

    • ONTO announced the partnership with Manta.

    • ONTO made an AMA event together with Dreamix

    On-Chain Activity

    • 164 total dApps on MainNet as of May 22nd, 2023.
    • 7,535,950 total dApp-related transactions on MainNet, an increase of 10,384 from last week.
    • 18,683,191 total transactions on MainNet, an increase of 18,758 from last week.

    Community Growth

    • We started our Weekly Community Call Series. We talked about “How Web3 intersects people’s daily life”. Users expressed their insights around this and actively engaged.
    • We held our Telegram weekly Community Discussion led by Ontology Loyal Members, discussing Meme coins. Participants got the chance to win Loyal Member NFTs.
    • As always, we’re active on Twitter and Telegram, where you can keep up with our latest developments and community updates.

    Global News

    • We made a detailed guide on using iZUMI to swap ONG into ONT.

    • We held a TwitterSpace chat with Gameta. Discover the future of GameFi, the power of DID in onboarding millions to Web3.

    • We held a TwitterSpace to delve into iZUMIi ‘s iZiSwap support , exploring the expanding possibilities of DeFi on Ontology.

    • Continuing our ‘Meet the Team’ series, we’re very pleased to ask Ontology Head of Social Media, Christina a few questions.

    • We accepted the invitation from NOWNodes and discussed Ontology. Donny, Ontology harbinger, attended the TwitterSpace on behalf of Ontology.
    • It’s time for our latest OWN101, as part of our OWNInsights series. This week, we bring you “Immutable”.

    Contact us

    – Ontology official website: https://ont.io/

    – Email contact: contact@ont.io

    – GitHub: https://github.com/ontio/

    – Telegram group: https://t.me/OntologyNetwork