Week in Internet Computer (#ICP) News, Mar 2, 2024

Important announcements

• SingularityNet announced the collaboration with DFINITY Foundation to focus on developing a decentralised AI Marketplace on the #ICP network, while also exploring the possibility of hosting AI models and Platform services in ICP canisters.

• The Biannual Ecosystem report is set to be released to showcase the best implementation in the overall ecosystem.

Governance Proposals

• Proposal 128098, add firewall rules to allow the Boundary Nodes in the SH1 DC to access Replica nodes.

• Proposal 127771, Proposal to upgrade the ckBTC minter canister.

• Proposal 128106, Register a node provider 'Timur Rakhimzhan'.

• Proposal 128103, Register a node provider 'Nikola Nikov'.

IC Protocol Updates and Forum Digest

• SNS Ledgers now support ICRC-2

  • The update enables SNS token holders to delegate token transfers to a third party, ensuring that all newly launched projects receive the ICRC-2 token standard.

• New NNS Neuron Sandbox

  • The tool is an interactive tool that simulates the behavior of neurons in the NNS, assisting users in understanding and engaging with ICP governance.

• Rosetta API Updates | Neuron Custody

  • DFINITY team updated the API forecast to be ready by end of Q1.

SNS Launch Updates

• Upcoming ICPanda DAO Launch SNS

  • A decentralized Panda meme brand built on the Internet Computer.

• Upcoming ICLighthouse DAO(ICDex) Launch SNS

  • SNS launch in progress and still have 11 days to participate.

• Upcoming Yuku DAO SNS Decentralization Sale

  • Yuku is a platform that fosters ownership, creativity, and community in the metaverse.

• Upcoming OpenFPL SNS decentralisation sale

• Upcoming ELNA SNS Decentralization Sale

  • SNS launch in progress and still have 13 days to participate.

Applications & Builders

• Total Staked ICP: 246’484’574

• ckBTC: 240.5432

• ckETH: 312.9638

• New members in Ecosystem: Big welcome!

  • UncencoredGreats, a search engine for the interior of ebooks. 

  • ICPsig, app to create and manage ICPsig account from multiple principals.

  • ic-reactor, a comprehensive toolkit designed to simplify interactions with the Internet Computer (IC) from the frontend. 

• Global R&D:

  • Feb R&D Meeting Key Notes:

    • ckBTC as the largest cross-chain TVL in cross-chain staking as reported by DefiLama. More usage cases in areas below are supposed to come: ordinals, cross-chain swaps, socialFi and DeFi.

    • THe biannual Ecosystem report will be launched next week to showcase the best implementation in overall ecosystem.

    • Dx.internetcomputer.org has 215 topics raised and 32 issues completed since the launch of 2023, which is targeting improving the developer experience.

    • Demo

      • Query statistics mainnet rollu next week, to report number of calls, instruction count, request bytes, response bytes, served by the canisters queries back to the canister.

      • NNS Neuron Sandbox, a interactive simulator for NNS neurons.

      • High-performance Ledger, a ledger for 10k tps individual, external requests and a multi-token ledger to have all tokens in one ledger.

• Ecosystem Projects Highlights:

  • Boom DAO:

    • Proposed to complete and launch the BOOM Gaming Guild Roadmap Milestone.

  • Modclub:

    • Proposed to approve 38,000 ICP from the Modclub Treasury to The Modclub Foundation for Q2 2024 expenses..

  • OpenChat:

    • Video chat feature will come soon as announced by OpenChat team.

  • Dragginz:

    • Minting explained released and the new total supply will be 8 Billion. Each SNS-1 will be diluted in value 800,000 times.

  • Catalyze:

    • Catalyze has new dashboard and audio functionality features launched.

Community Updates

• ICP.Hub USA hosted ICP community meetup hosted by the University of Colorado.

• ICP.Hub Southern Africa at the @_HerDAO Africa Tour.

• ICP.Hub Balkan arranged meetup in Sofia.

• ICP.Hub singapore Hackathon offers $8000 USD prizes.

• ICP.Hub GCC partnered up with American University of Sharjah blockchain and fintech club.

• ICP.Hub Indonesiajoined was invited by CoinStore, a exchange in Asia to share ICP's view.

• ICP.Hub Kenya had Demo Day event.

• ICP.Hub India started a 14-day coding challenge event.

• NeutronStarDAO released 2 educational video "Message routing layer" & "Consensus layer".

• ICP.Hub Sahara will have hackathon from 4th to 14th March.

• ICP.Hub Thailand had workshop "Creating VR Metaverse using ICVR framework" at Srinakharinwirot University.

• ICP.Hub Italy launched new ICP TypeScript Masterclass.

Coming Events

• Mar 6, Crypto Valley Conference: Web3 Banking Symposium, Geneva

• Mar 15, ETHGlobal London

• Mar 18 - 20, Digital Asset Summit 2024, London

• Mar 26 - 27, WOW Summit, Hong Kong

• Mar 27 - 28, Buidl Asia 2024, Seoul, South Korea

• Mar 29-30, ETH Conference in Romania

• Mar 29 - 31, ETH Seoul, Seoul, South Korea

General Regulations

• Japan is seeking to allow certain VCs to directly invest in crypto.

• The Financial Stability Board plans to release a status report on its crypto roadmap and the financial stability implications of tokenization.

• European Central Bank Research released working paper regarding CBDC "Public money as a store of value, heterogeneous beliefs and banks: implications of CBDC".

Industry News

• Uniswap Labs introduces three new products: a Uniswap extension tool, a limit order function for its web app, and a data and insights web page.

• OKX, has announced its entry into Turkey as part of its global expansion plan.

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