News preview:
Tech giant Amazon has postponed the launch of its NFT platform "Amazon Digital Marketplace" to May 15; Blockchain gaming platform Gala Games will launch the v2 upgrade on May 15, with new features including enhanced destruction mechanisms, security enhancements, and future upgradability; The U.S. House Financial Services Committee will hold a hearing of the Digital Assets, Financial Technology, and Inclusion Subcommittee on May 18; CoinList will launch the sale of CyberConnect token CYBER at 1 a.m. Beijing time on May 19
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May 15
Project dynamics:
Blur’s NFT lending protocol Blend will add support for two new NFT series on May 15
Blockchain games Final Stardust, Project Eluune and Run Legends will be launched next week
According to Venturebeat, Sui developer Mysten Labs announced that 11 gaming partners will launch games on the Sui blockchain starting May 15. The games that will be launched on the Sui blockchain next week are Orange Comet: Final Stardust, Arrivant: Project Eluune, and Talofa: Run Legends.
Related reading: A review of Sui’s upcoming 13 blockchain games. Can Sui win the market battle with blockchain games?
Amazon's NFT platform may be launched on May 15
According to The Big Whale, sources revealed that technology giant Amazon has postponed the launch of its NFT platform "Amazon Digital Marketplace" from the original April 24 to May 15. The NFTs supported by the market will reportedly include Bored Ape Yacht Club (BAYC).
Gala Games will launch version 2 on May 15 and will exchange new tokens at a 1:1 ratio
Gala Games, a blockchain gaming platform, will launch the v2 upgrade on May 15, with new features including an enhanced destruction mechanism, security enhancements, and future upgradability. Users must remove GALA from any liquidity pool or smart contract before the May 15 snapshot. Officials have arranged for all users holding GALA (v1) on Ethereum to automatically receive new GALA (v2) tokens at a 1:1 ratio, after which GALA (v1) will no longer be supported.
Cetus Launchpad will launch Suia (SUIA) on May 15
The second phase of Cetus Launchpad is Suia (SUIA). Suia is a social dApp built on the Sui network, which currently has more than 200,000 transactions and more than 300,000 users. It is reported that the IDO time is from 16:00 on May 15 to 16:00 on May 16, and will be carried out simultaneously in two launch pools, supplying 4 million SUIA (4% of the total tokens) to the market.
community activity:
Cosmos Hub will announce the recipients of the grant program on May 15th
Cosmos Hub announced the launch of a grant program for research projects on improving Cosmos' native ATOM token. The ATOM Accelerator will fund three different "ATOM Visions" and allocate $30,000 each. The research should cover token economics, roadmaps, and any envisioned liquidity, governance, or management services. The grant recipients were announced on May 15, and once the winners receive their rewards, they will have 45 days to publish their research on the forum.
Token unlocking:
BitDAO (BIT) will unlock 187,499,999.36 tokens at 8:00 on May 15, worth approximately $91.67 million, accounting for 1.951% of the total supply
May 16
Project dynamics:
OpenAI CEO to testify before Senate Judiciary subcommittee on privacy, technology and the law on May 16
According to Jinshi.com, OpenAI CEO Sam Altman will testify before the Senate Judiciary Subcommittee on privacy, technology and the law on May 16.
NFT marketplace Limewire will list its LMWR token on multiple exchanges starting May 16
Limewire, an NFT marketplace in the art and music entertainment sectors, previously raised more than $16 million through the sale of its cryptocurrency token (LMWR), and its LMWR token will be listed on multiple exchanges starting May 16.
May 17
Project dynamics:
Kava 13 will upgrade its mainnet at 11:00 PM on May 17th
The Kava 13 mainnet upgrade has been postponed to 23:00 on May 17th, Beijing time. This upgrade includes: 1. Kava EVM 2.0, which will improve performance through full-node software optimization and hosting service provider expansion, eliminate downtime and accelerate the processing of large amounts of data requests from protocols and wallets to support the launch of new protocols; 2. Cosmos-Ethereum bridge, increasing the practicality of Cosmos SDK and EVM on-chain wallets, dApps and assets; 3. Vault control, with the expansion of Strategic Vault functionality, Kava DAO will be able to manage its treasury and deploy resources to any protocol on Kava.
Token unlocking:
ApeCoin (APE) will unlock 15,601,325 tokens at 8:00 on May 17, worth approximately $51.64 million, accounting for 1.56% of the total supply
May 18
Policy supervision:
The U.S. House of Representatives Digital Assets Committee will hold a hearing on stablecoins on May 18
Patrick McHenry, Chairman of the U.S. House Financial Services Committee, announced that he would hold a hearing of the Subcommittee on Digital Assets, Financial Technology, and Inclusion on May 18 to assess how legislation will help stablecoins achieve “stability.” The theme of the hearing is “Putting the ‘Stability’ in Stablecoins: How Legislation Will Help Stablecoins Deliver on Their Promises.”
Project dynamics:
Line’s NFT subsidiary will launch Web3 gaming platform Game Dosi on May 18
Line Next, the NFT subsidiary of Japanese communications giant Line, will officially launch the Web3 gaming platform Game Dosi on May 18, and plans to release five NFT games on the platform in the second half of 2023. On the day Game Dosi goes online, membership services will be sold, including gold and platinum NFT passes, which can provide benefits such as early experience of new games.
Governance Voting:
ApeCoin community proposes to create APE DEX, the voting ends on May 18
ApeCoin community's new proposal is to create APE DEX, which plans to realize a decentralized exchange of ERC-20 tokens supported by multiple asset pools. These asset pools will earn LP fees from market making and swap fees. The core function will include using APE to reward LP providers. The voting deadline for this proposal is May 18, and the current number of votes against is 81.48%.
Token unlocking:
1inch (1INCH) will unlock 21,429 tokens at 8:00 on May 18, worth about $8,837, accounting for 0.001% of the total supply
May 19
Project dynamics:
CoinList to Launch CYBER Sale on May 19, Registration Now Open
CoinList announced that it will launch the sale of CyberConnect token CYBER at 1:00 a.m. Beijing time on May 19, with a total sales volume of 3 million CYBER, accounting for 3% of the total circulation. The price is US$1.80 and registration is now open.
Sotheby’s will auction NFTs confiscated from Three Arrows Capital starting May 19
Sotheby's auction house announced that it will launch the "GRAILS: Property from an Iconic Digital Art Collection" digital collection auction on May 19 to sell NFTs confiscated from the bankrupt crypto hedge fund Three Arrows Capital (3AC). The relevant NFTs will be available globally through various live and online auctions, as well as private sales and other sales channels.
Cool Cats launches new ecological NFT "Shadow Wolves", the minting period lasts until May 19
NFT project Cool Cats launched a new ecological NFT series "Shadow Wolves", which is classified as a "Super Cool" member, similar to the previously launched Cool Pets NFT series. Cool Cats stated that users can mint Shadow Wolves by destroying Cool Cats Fracture. The minting period is from April 20 to May 19. If the Fracture NFT is not destroyed during this period, it will become invalid.
Token unlocking:
Oasis Network (ROSE) will unlock 199,500,000 tokens at 0:00 on May 19, worth approximately $10.5 million, accounting for 1.995% of the total supply
May 20
Token unlocking:
ImmutableX (IMX) will unlock 18,075,990.71 tokens at 18:00 on May 20, worth approximately $13.67 million, accounting for 0.904% of the total supply
May 21
Governance Voting:
Applications for the election of the second special committee of ApeCoin DAO will close on May 21
ApeCoin DAO has launched the second special committee election, and application submission will end at 9:00 on May 21, Beijing time. Candidate voting will start from June 15 to 21, member voting will be held from June 22 to 28, and the term of office of new members will begin on July 1, 2023.
