Looking back at the first half of 2024, under the guidance of the ecological concept of "innovation, openness, collaboration, and sharing", IOST continued to promote mainnet upgrades, infrastructure construction, node partner expansion, market development, ecological construction, and global activities, and achieved fruitful results, laying a solid foundation for future development. Now, let us review this wonderful journey together and witness these shining "key frames" together!
Comprehensive layout, ready to go
In 2023, IOST will continue to promote multi-dimensional, full-ecological innovation and construction in mainnet iteration, infrastructure, node partners, market expansion, ecosystem construction, and global activities. In 2024, IOST will accelerate the global ecosystem construction process as a pioneer, and strive to build an N+1 blockchain innovation ecosystem alliance, further improve the strategic planning layout of multiple tracks such as NFT, DeFi, AI, Metaverse, Web3.0 and RWA on the chain, and provide users with a more stable, reliable, flexible, convenient, safe and compliant one-stop blockchain platform and a comprehensive, rich, diversified and innovative series of products and services.
In the first half of 2024, IOST will continue to promote the mainnet upgrade and optimize TPS to make it more friendly to DApp, and expand the global market in an advanced way, accelerating the strategic layout of multiple fields such as infrastructure, cross-chain ecology, Internet of Things, AI, DeFi, NFT, GameFi, Web3, RWA, STO, etc. In addition to continuously expanding the IOST Hong Kong, Vietnam, Turkey, and Dubai market teams, IOST also plans to expand brand exposure in Southeast Asia, East Asia, North America, and Europe to find more high-quality VCs, KOLs, node partners and other partners around the world, so that the entire IOST ecosystem will continue to make new progress, breakthroughs, and improvements.
Mainnet Data
As of July 16, 2024, the data from IOSTSCAN, the IOST blockchain browser, shows the following:
The on-chain block height reaches 334 million
On-chain transaction volume exceeds 888 million
The number of on-chain accounts exceeds 1.18 million
The number of contracts deployed on the chain is 1,430
According to the data from IOSTSCAN blockchain browser, the number of registered IOST mainnet accounts reached 1,010,456, breaking the 1 million mark. At the same time, the IOST block height reached 310,335,089, breaking 300 million; the block transaction volume reached 814,439,299, breaking 800 million.
The new version of the mainnet is a compatibility upgrade. The field BalanceString is added from the Rpc api GetAccount to ensure full precision output; Protobuf is upgraded to the latest version; Grpc is upgraded to the latest version; the latest snapshot of the mainnet is updated, etc.
infrastructure
In the [Mainnet Account Grant Program], the number of free IOST Mainnet accounts per day is limited, so IOST has opened the "Registration Code Creation" function. If the free creation fails, you can try again on another day or choose "Use Registration Code to Create".
After the IOST plug-in wallet iWallet Pro is upgraded, users can freely switch nodes or customize nodes in iWallet Pro.
Users can quickly create symbolic tokens belonging to individuals/teams by following the issuance steps on Meme Platform; after successful issuance, the created tokens can be added in iWallet Pro and the token information can be viewed on IOSTSCAN.
Node Partner
IOST announced that it has reached an in-depth cooperation with Bitget, a world-renowned exchange from Singapore. Bitget has officially joined the IOST ecosystem and become one of the block production nodes. In the future, IOST and Bitget will rely on the international high-quality resources and users of both parties to jointly promote the diversified and innovative development of the IOST community and ecosystem, support the optimization and upgrade of the IOST main chain and full nodes, and continuously, scaled, and systematically support outstanding global Dapps developers.
IOST announced that it has reached an in-depth cooperation with Dana Web3 Club, a full-chain developer team from Singapore. Dana Web3 Club has officially joined the IOST ecosystem and become one of the block production nodes. In the future, Dana Web3 Club will continue to develop integrated applications of various types on multiple chains such as IOST, further promote ecological exchanges and cooperation with world-renowned projects, institutions and various media, and actively participate in industry exchanges/activities, deeply empowering the diversified expansion and improvement of the IOST platform ecosystem.
market expansion
Bitget officially announced that IOST will be officially launched and deposits will be enabled at 11:00 (UTC) on January 15, 2024, and the IOST/USDT trading pair will be opened at 11:00 (UTC) on January 16. A 300,000 IOST event will also be launched at the same time.
South Korea’s compliant exchange CoinStore officially launched IOST and started deposits at 17:00 (UTC+8) on February 5, 2024, and opened IOST/USDT trading pairs and withdrawal functions at 17:00 (UTC+8) on February 6.
IOST and Bee Network have officially reached a strategic cooperation. In the future, the two parties will rely on their common expertise, resources and vision to jointly empower the next generation of blockchain innovators and fully unleash the potential of Web3.
Core proposals: 1. Balance innovation and effective regulation; 2. Prioritize user protection and financial stability; 3. Implement technology-neutral regulations.
IOST announced a strategic partnership with Web3 gaming platform GameCene, aiming to drive change in the Web3 gaming landscape. The partnership focuses on: technology integration, community growth and engagement, game development and content expansion, token economic empowerment and value creation; committed to creating a strong, scalable and user-friendly ecosystem for players and developers.
IOST has officially announced a strategic partnership with Batching AI, an AI-driven NFT platform and leader in blockchain technology integration. The two parties will work together to integrate the advantages of multiple resources and use artificial intelligence technology to continuously empower the expansion and improvement of the global blockchain ecosystem, especially in the field of NFT and multi-chain.
Ecological Construction
IOST announced that it has officially joined the Hong Kong Cyberport Incubation Programme and will launch the "IOST BaaS (Blockchain as a Service) Soluion" this year. In addition, in order to deeply empower the multi-dimensional expansion and improvement of the Hong Kong ecosystem, IOST will actively implement strategic cooperation with local Hong Kong customers; continue to recruit local and global distributor partners; and connect with global ecological partners to come to Hong Kong to sign a "cross-domain partnership and cooperation agreement."
Donation: Community users can decide whether to participate in the donation of high-quality projects based on their own circumstances. The minimum donation amount is not less than 100 IOSTAirdrop Gaining: Community users who participate in the donation can receive the corresponding project tokens and airdrops.
The main contents of the upgrade are: 1. The time for matching transaction orders is shortened; 2. The update and query of transaction data are optimized, and the response speed is improved; 3. Data query is added, which fully displays user assets, pending orders, completed transactions and other data.
Staking: Community users can conduct lossless mining, and the time period can be flexibly selected; Restaking: Users who stake IOST will receive both IOST and idragon benefits; Token Issuance Function: Community users can issue their own/team’s symbolic tokens with one click.
The total issuance of idragon is 100 billion, of which 10% will be used for community donations. For every 1 IOST donated, 250 idragon tokens will be rewarded. In addition, 2% of the total idragon will be airdropped to users who participate in the donation.
Airdrop rules: As of 17:00 (UTC+8) on March 9, 2024, the mainnet account with an IOST balance greater than or equal to 10,000 IOST.
Total number of participating mainnet addresses: 827, number of donated IOST: 5,806,709; total donation value: 72,245.8 USD.
Users who participate in the donation can receive $idragon every day on the airdrop page; total airdrop amount: 2 billion, and the period of receipt: 24 months.
MemePlatform has enabled the Restaking function. Users who stake IOST can obtain both IOST and idragon benefits.
Global Activities
IOST launches a global Spring Festival event and issues the on-chain NFT "Dragon". Users who complete New Year tasks can participate in the draw for 240 "Dragon" NFTs and 100,000 IOST!
The event aims to achieve the fusion of multi-source heterogeneous data of fragrances and Web3 applications to give the senses a new creative experience. Fussion is an emerging digital innovation project jointly developed by Dr. Wada and aromatherapist Maai from EverSystem, a company that uses IOST blockchain technology to develop comprehensive services (aims to digitize fragrance blending data). In the future, the fragrance project team plans to create a unique fragrance for IOST. (Now completed)
IOST Co-CEO Blake attended the Japan Financial Week side event held by IOST, and had in-depth discussions and exchanges with other guests and on-site audiences on the theme of "The Infinite Possibilities of IOST".
The 2024 Hong Kong Web3 Carnival, jointly launched by Wanxiang Blockchain Lab and HashKey Group, was officially held at the Hong Kong Convention and Exhibition Center. During the event, IOST and Ikrode Information launched an on-site check-in and peripheral activities at booth G36.
IOST and CIS Group, a world-renowned one-stop financial management service company, held the "2024 Web3 HK Night" on Gloucester Road, Wan Chai, Hong Kong from 19:00 to 22:00 on April 8. On the day of the cocktail party, more than 70 top capital institutions, incubators, celebrity public chains, well-known exchanges, community media, DApp developers, KOLs, and Web3.0 practitioners from around the world participated in this innovative and international event.
The event was held at Nagoya Zokei University. Through the innovative integration of culture and technology, participants experienced the harmonious fusion of music, scent, and visual art, explored the application potential of IOST, and brought a new dimension to the integration of the world of aroma and digital art.
The head of IOST Hong Kong participated in the roundtable discussion of [HK Anicyber Demo Day] with Harmon Capital partner, OSL ETF Custody Head, HKBA Co-Chairman, and Hashkey representative. The event was hosted by Anicyber and co-organized by IOST, Koola, and Finmeta.
【IOST Tokyo Web3 Night】 was co-hosted by IOST, Cabinet and HashKey DX. During the event, Dr. Takahashi from Hitachi R&D Group, Mr. Li from HashKey DX and Mr. Ishida, the organizer of this event, introduced the latest developments and series of actions of Web3 services.
The prelude is over, and the new chapter is about to begin. In the future, IOST will continue to surpass the infinite imagination of the era of multi-dimensional digital innovation in all dimensions, and as a pioneer, accelerate the process of global ecological construction, and strive to build an N+1 blockchain innovation ecological alliance, further improve the strategic planning layout of multiple tracks such as DePIN, AI, RWA, NFT, DeFi, Web3.0 and Metaverse on the chain, continue to iterate and innovate, break down encryption barriers, strengthen digital empowerment, and provide users with a more stable, reliable, flexible, convenient, safe and compliant one-stop blockchain platform and a comprehensive, rich, diversified and innovative series of products and services.
