As you may know we can't share non-Binance links here. However, accessing original articles about this topic is easy enough. Though they often contain technical language that can be challenging for most readers. Here I try my best to provide you with the most basic information regarding the topic.
#Avalanche is undergoing a serious change regarding the subnets and you should know this.
TLDR:
- Separating Subnet Validators from Primary Network Validators:
- Primary Network Partial Sync
- Removal of 2000 $AVAX requirement
- Moving ownership of Subnet validator set management from P-Chain to Subnets:
- ERC-20/ERC-721/Arbitrary Staking
- Staking Reward Management
- Introducing a continuous P-Chain fee mechanism for Subnet Validators:
- Continuous Subnet Staking
Yes, you have read right;
REMOVAL OF 2000 #AVAX REQUIREMENT!
Node operators need to stake 2000 AVAX to become Primary Network Validators, and most of the time they need 8 validators that makes 16000 AVAX which is too expensive
Subnet Validators also require specific hardware resources for syncing the entire Primary Network. This part is pretty technical and I have to skip the details about it
Regulated entities unable to validate permissionless #blockchains cannot launch Subnets, limiting RWA issuers' participation.
Improperly metered, widely validated Subnets could destabilize the Primary Network or cause issues for Subnets with the Primary Network.
In summary Avalanche community would benefit from a more flexible and cost-effective method for launching permissionless #subnets .
Avalanche team calls it "Elastic Subnets" for now. We will see how it goes!

Reading Time: 5 minutes⏳

April 2024 has proven to be a pivotal month for Avalanche (AVAX), marked by impressive market performance and strategic partnerships that may well redefine its trajectory within the cryptocurrency landscape. As "The Crypto Sage," this article delves deep into Avalanche’s recent advancements, emphasizing its collaborations with major industry players like Amazon Web Services (AWS) and JPMorgan, and assessing its potential as a sound investment.
Market Performance and Growth
Avalanche has witnessed a robust 49% increase in its value over the past month, a testament to the growing investor confidence and a bullish market sentiment. This surge is supported by Avalanche’s continuous efforts to expand its ecosystem and technological infrastructure, positioning it as a formidable player in the cryptocurrency market.
Strategic Partnerships

April saw Avalanche cementing significant collaborations aimed at integrating blockchain technology with mainstream enterprise and financial services, setting a new standard for blockchain adoption across various sectors.
Partnership with Amazon Web Services (AWS)

Avalanche's strategic partnership with AWS is a major leap towards broader blockchain adoption. Through this collaboration, Avalanche enables one-click deployment of its nodes and custom subnets via the AWS Marketplace. This integration facilitates easy setup and management of blockchain infrastructure, catering to developers and organizations across enterprises, institutions, and government sectors. The accessibility of Avalanche’s tools on AWS not only simplifies the development process but also significantly boosts the scalability of blockchain solutions.
Partnership with JPMorgan

In the financial arena, Avalanche's collaboration with JPMorgan under the Onyx platform initiatives is groundbreaking. Focusing on the tokenization and seamless integration of blockchain into traditional finance, this partnership pioneers the development of tokenized portfolios. These portfolios aim to enhance asset management with blockchain technology, promising greater transparency, efficiency, and security. Demonstrations of these projects have shown promising results, underscoring the transformative potential of blockchain in asset management and investment strategies.
Ecosystem Expansion and Technological Developments
Ava Labs continues to push the boundaries of blockchain technology with plans to introduce over 80 new subnets, adding to the existing robust framework of 20 live subnets. This expansion not only diversifies Avalanche's capabilities but also tailor-fits solutions for various industry-specific needs, enhancing the platform's utility and appeal.
Meme Coin Integration and Community Engagement
Avalanche has also embraced the lighter side of the crypto sphere by integrating meme coins like Coq Inu. This move has not only amplified user engagement but also highlighted the network’s versatility and appeal to a broader audience.
Investment Perspective

The strategic advancements and technological innovations in April 2024 make a compelling case for considering an investment in Avalanche. The project’s proactive approach in aligning with significant tech and financial entities, coupled with its adaptive and scalable technology, presents a promising opportunity for growth and increased adoption.
Price Prediction for May 2024
Given the positive trajectory and ongoing developments, I forecast that Avalanche could see its price oscillate between $38.83 and $57.10 $AVAX throughout May, with a stable closing around $48.22 $AVAX by month-end.

Avalanche’s strategic initiatives and robust market performance in April 2024 showcase its potential not just as a cryptocurrency but as a cornerstone in the future of blockchain technology. The partnerships with AWS and JPMorgan are particularly indicative of Avalanche’s potential to bridge blockchain technology with traditional business and financial systems, enhancing efficiencies and opening new avenues for growth.
For investors, the blend of technological robustness and strategic partnerships offers a solid basis for considering AVAX as a part of their investment portfolio, albeit with the usual cautions due to inherent market volatilities.
Stay tuned to Binance Square for ongoing updates and in-depth analyses in the rapidly evolving world of cryptocurrencies.
References
Coindesk. (2024). Amazon Web Services Taps Avalanche to Help Bring Blockchain Technology to Enterprises, Governments. Retrieved from Coindesk.TechCrunch. (2024). AWS partners with Avalanche to scale blockchain solutions for enterprises, governments. Retrieved from Techcrunch.Decrypt. (2024). JP Morgan’s Onyx Taps Avalanche for Tokenized Funds, AVAX Jumps 14%. Retrieved from Decrypt.Blockworks. (2024). JPMorgan tests tokenized portfolios with Avalanche blockchain tech. Retrieved from Blockworks.

Disclaimer: This article is for informational purposes only and is not intended as financial advice. Please conduct your own research and consult with a financial advisor before making any investment decisions.

#AvalancheAVAX #CryptoInvestments #BlockchainTechnology
#AVAX #Avalanche

⚡️Circle will release USDC on Cosmos

Circle has announced the release of #USDC stablecoin on #Cosmos .

The release will be through the Noble network, but the date is not yet known.

USDC is currently available on #Ethereum , #Solana , #Avalanche , TRON , Algorand, Stellar , Flow , and Hedera .

TYB, the blockchain-based community management platform, has launched on the Shopify App Store, making it the first end-to-end Web3 community-powered loyalty solution available to Shopify’s millions of merchants through an Avalanche-based platform.

TYB’s new Shopify App enables merchants to directly connect with their customers and reward them for taking valuable actions, such as referring friends to the brand, writing reviews, and creating and sharing social media content. The app provides tools for gamifying challenges, co-creating products, amplifying marketing campaigns, and issuing exclusive holder perks to reward fan engagement.

TYB’s white label solution has already been used by major consumer brands, including Sephora’s fastest-growing skincare brand Topicals, and Bravo’s Summer House fame Loverboy, to cultivate deeper, more meaningful engagements with fans across the world.

The TYB Shopify App builds on this success, enabling merchants of all sizes to form a direct relationship with their biggest fans. TYB’s CEO, Ty Haney, explains that “Tokengating is the next frontier of loyalty and buyer engagement,” and that the new app allows brands to automatically reward their customers for taking valuable actions.

Avalanche’s blockchain technology enables brand fans to own their digital collectibles, which can now be redeemed for promotions on each brand’s Shopify ecommerce site. TYB has enabled seamless acquisition of multiple brand collectibles in one user-facing wallet that only requires an e-mail address.

Alex Danco, Director of Product at Shopify, comments that “we’re happy to welcome the TYB app to the Shopify App Store, bringing its insight and experience to Shopify’s millions of merchants.” John Nahas, Vice President of Business Development at Ava Labs, adds that “we look forward to Avalanche, TYB, and Shopify leading the way in the fast-growing field of blockchain-enabled rewards programs.”

TYB is an all-in-one community management platform that allows brands to directly connect with, engage, and reward fans for taking valuable actions. Avalanche is a smart contracts platform built to scale infinitely and finalize transactions in under a second. Its revolutionary consensus protocol and novel Subnets enable Web3 developers to easily launch highly-scalable solutions.

#Web3 #TYB #Avalanche #Shopity #azcoinnews

This article was republished from azcoinnews.com

Follow us on Telegram @azcoinnews and Twitter @azcoinnews

Non-Fungible Tokens (NFTs) are unique digital assets that use #blockchain technology to certify ownership and authenticity. In 2022, the NFT market experienced a significant surge in popularity, with a record number of new collections created. The rise of #NFTs has been driven by several factors, including the increasing adoption of blockchain technology, the growing interest in digital art, and the emergence of new marketplaces and platforms for NFT trading.

According to our data, 613K new NFT contracts were created in 2022, representing an 860% increase from the previous year. The vast majority of these contracts were deployed on #Ethereum , although other blockchain networks such as #Polygon and #Avalanche also saw significant growth. In total, approximately 85.8 million new NFTs were minted across these platforms.

The popularity of NFTs has led to a growing ecosystem of platforms, marketplaces, and communities that are focused on NFT creation, trading, and ownership. These include platforms such as OpenSea, Rarible and SuperRare, which allow artists and creators to mint and sell NFTs, as well as marketplaces such as Nifty Gateway, Foundation, and KnownOrigin, which specialise in high-end NFT auctions.

The rise of NFTs has also created new opportunities for artists, musicians, and other creators to monetise their work in a way that was previously not possible. By creating and selling NFTs, creators can retain ownership of their work while also generating revenue from the sale of unique digital assets.

Despite the growth and potential of the NFT market, there are also concerns around its sustainability and accessibility. The high energy consumption required for NFT minting and trading on blockchain networks has raised environmental concerns, and the high costs associated with NFT creation and trading have made it difficult for some creators and collectors to participate in the market.

Wash trading is a fraudulent practice that involves buying and selling assets to create the illusion of volume and price movement. It can harm the integrity of the market and lead to unfair advantages for certain players. Our compliance and surveillance tools use advanced algorithms and machine learning to detect and prevent wash trading, ensuring a level playing field for all participants. Wash trading is a growing problem that threatens the integrity of the ecosystem. At bitsCrunch, we're taking action to protect our users and the market.

Check out bitsCrunch 2022 wash trade report: https://bitscrunch.com/#washtrade_reports

Our tools also help NFT marketplaces comply with regulatory requirements and prevent fraud. With the increasing popularity of NFTs, regulatory scrutiny is also increasing. NFT marketplaces must ensure that their platforms are compliant with regulations, such as Know Your Customer (KYC) and Anti-Money Laundering (AML) laws. Our compliance tools help marketplaces meet these requirements, reducing their risk of legal action and protecting their users from fraud.

At bitsCrunch, we are committed to helping NFT marketplaces succeed by providing the tools and support they need to operate in a fair and transparent manner. Our compliance and surveillance tools are just one part of our comprehensive suite of services designed to help NFT marketplaces thrive.

Check out our bitsCrunch wash trade report 2022: https://bitscrunch.com/#washtrade_reports

If you are an NFT marketplace looking to prevent wash trading and protect your users, we invite you to contact us to learn more about our compliance and surveillance tools. Our team of experts can provide a demo of our tools and answer any questions you may have. 

Check out our bitsCrunch wash trade report 2022: https://bitscrunch.com/#washtrade_reports

Together, we hope to promote a healthy and sustainable ecosystem for all users. If you want to learn more about our tools or partner with us to protect your users, contact us today.

For more interesting updates on the latest NFT trends, follow bitsCrunch! https://linktr.ee/bitsCrunch

Numbers protocol announce its Collaboration with Avalanche.

To learn about exciting plans for art and #NFT on #Avalanche   and to showcase their works on the provenance of digital media.

Numbers Protocol is the asset-driven protocol to make digital media traceable and verifiable through its innovative process.

#AvalancheSpace

Arkham has added the Avalanche C-Chain to its list of supported networks, so anyone can now track the activities of various addresses and services on the blockchain.

#Avalanche #CryptonResearchBot

Genesis Keys are a rare and prized commodity, with a fixed total supply of only 2444 NFTs.

These keys will only be available in the Epic and Legendary Genesis Chests (T2 & T1 WL), making them a highly sought-after item that any Tycoon would be lucky to own.

#PlayandEarn game, #ParadiseTycoon can be found on #Avalanche Build, Explore & Expand Maximize production and Play with friends.

#AvalancheSpace

Portal Fantasy is about to launch its Closed Beta on the Avalanche network!

#Avalanche has established itself as a leader in the world of blockchain gaming. And with their commitment to sustainability.

#PortalFantasy is a free-to-play pixel adventure RPG game playable as two roles: Heroes and Architects. Befriend, raise and fight alongside Porbles as you explore the different worlds as a Hero.

Portal Fantasy brings two roles and revolutionary game mechanics together in a modern twist to this classic genre.

#AvalancheSpace