This Week in Avalanche, Dec 18 2020
Avalanche Major News
The Initial Litigation Offering (ILO), new kind of token designed to allow retail investors to invest in the outcome of lawsuits was announced. Roche Cyrulnik Freedman LLP, and Republic Advisory Services are bringing the $10B asset class of litigation financing to the Avalanche.
TUSD announced they are aiming to be the first USD stablecoin to launch on Avalanche. Launching in Q1 2021.
The MoneyDance Hackathon concluded. Congratulations to the winners reNFT! They are working on Peer to Peer NFT Rentals.
Set Up an Avalanche Node with AWS - Tutorial updated
Running Avalanche Validator Using Kubernetes by Ruslan Ovechkin
Ankr launched support for One-Click Avalanche Node Deployment
69% staking ratio (248,557,611 AVAX) - ↓ 3% from last week
~10.04% current staking reward per year
659 Validators - ↑ 16 from last week
Asset Layer (X-Chain)
436 assets have been issued on the X-chain - ↑ 28 from last week
DApp Layer (C-Chain)
Prosper is bringing non-custodial prediction markets to Avalanche. In their announcement post they highlight performance, ease of integration and community as the major reasons they choose Avalanche. Will be live on the C-Chain in Jan 2021.
Stuff for Devs
Using Truffle with the Avalanche C-Chain Tutorial. Very useful if you have previously built on Ethereum, everything should just work.
You can browse the Avalanche Fuji testnet on Avascan.
Thread from Dan Laine on how the Avalanche protocol achieves a very low message complexity, enabling it to scale to billions of transactions per day with minimal overhead.
Excellent thread from Stephen Buttolph highlighting how a recent bug was identified and squashed.
AVAX was listed on Paribu, a top Turkish crypto exchange.
Avalanche consensus is coming to Bitcoin Cash. Read Emins thoughts on why he thinks BCH would be better suited to becoming an AVAX subnet rather than building thier own Avalanche consensus implementation.
Avalanche Hub launched the Avalanche lottery. It involves completing a series of social media focused tasks to win tickets for the lottery!
The first ILO will be Apothio LLC v. Kern County et al., estimated claim of damages being $1B, live in Q1 2021, $5M of the token will be sold to the public.
Podcasts, Interviews & Misc
Panel: Blockchain Games - featuring Greg Wolfson, Senior Director of Business Development at Ava Labs
Dec 14 - Jan 17: Encode Hackathon
Dec 18: Introducing Arrow DFMs webinar
Mar 9: Crowdsale AVAX tokens unlock
About me & the newsletter
I’m a long term investor & enthusiast in the space. I’ve been interested in Avalanche for a while & decided to start this to keep up with the project & hopefully enable others too as well. If I’ve missed anything or you want me to include something for next week please let me know! You can reach me at @_ed1990_ on twitter or @edwardwill1 on telegram.