The $1M Hackathon is stunning. Harmony bridged assets exceed $106M. DaVinci grows for NFT. August 2021 Update
We have announced to you that July was full for the Harmony ecosystem. It’s really not possible to keep up with this speed.August was more active, effective and exciting than July. Now let’s take a look at the important news of August.
Here are a few of the most important events you need to know:
- Harmony bridged assets exceed $106M. Harmony ecosystem is growing day by day. Starting off by saying “Build on Harmony Bridge to All Chains”, Harmony works hard to reach all people and make their lives easier. There has been a huge jump in bridged assets in the last month.
- The $1M Hackathon has started. The $1M Hackathon event organized by Harmony and supported by many powerful formations has started. The $1M hackathon aims to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi).
The first hackathon theme is Cross-Chain with our trustless, on-chain bridges.
The second hackathon theme is On-Chain with our social wallets and keyless security.
Lastly, the third hackathon theme is Cross-Border with fintech and social integrations.
As you know, Harmony doesn’t work in just one area. Harmony makes great efforts to make people’s lives easier in many areas. DeFi, TradFi, NFT, Wallet etc.
Let’s take a look at some community news but remember, you can find out the details of these and more on Twitter Harmony.
- $VINCI listed on CoinGecko. $VINCI is the HRC-20 governance and utility token for DaVinci Gallery. DaVinci Gallery’s concept of bringing a low-cost, seamless platform for artists and collectors alike was and remains an extremely ambitious goal. Undoubtedly, with the coinecko listing, DaVinci took a huge step forward and raised hopes for the future.
- Collectors can buy and resell NFTs in seconds, avoiding the costly “Gas” fees associated with POW (proof-of-work) networks like Ethereum. This is just one of the biggest advantages of DaVinci Gallery.
- $VINCI Community Pool is open. Another big news for the VINCI. Incentivized $VINCI/ONE Community Pool is open on ViperSwap. You can earn VINCI by staking ONE/VINCI on ViperSwap. Nice earnings!
Partnership and Development
The $1M Hackathon Prize Partners
- HashKey Group
- Frax Finance
- Dora Hacks
- Dapp Radar
Harmony developers can now begin building and testing a variety of data-driven DeFi applications by referencing Chainlink oracles for high-quality, low latency, tamper-proof price feeds. You can read the article for more detailed information.
NOWPayments is way to accept Bitcoin and altcoin payments. From now on, this company will also allow payments to be made with ONE.
Don’t be surprised if you see the AAVE market launch on Harmony very soon. Li Jiang from Harmony wants to launch Aave V2 to their EVM compatible blockchain.
ONE (ERC20) trading and single-sided staking is now live on Bancor! Bancor is a decentralized exchange designed to mitigate impermanent loss and offer single-sided (ONE-only) exposure. Please read the article for more detailed information.
PolyPlay aims to host E-sports NFT game tournaments for players with a sizeable prize pool funded by PolyPlay. Harmony will be on PolyPlay e-sports jersey
News and Media
$1M Hackathon Panels
The $1M hackathon event hosted some great panels. Representatives of world-renowned blockchain companies, exchange market representatives and many experts in the field of programming attended these panels. Here all the components are just talking and discussing how they can help people more to make life easier. Here are the titles of some of our panels:
- State of DeFi Today
- The Transition from TradFi to DeFi
- Venture Capital Landscape in DeFi
- The Intersection of DeFi and NFT
- Privacy in DeFi
- The Stablecoin Phenomenon
If you haven't visited yet, we recommend that you take a look at this site. hack.harmony.one Here you can find all the information about the hackathon.
Build on Harmony!
What is Harmony?
Harmony is your open platform for assets, collectibles, identity, governance. An open and fast blockchain: 2-second transaction finality, 1000 times lower fees.