Week in Internet Computer (#ICP) News, Jan 20, 2024

SNS DAOs are now able to mint new #SNS tokens.

January 20, 2024

Important announcements

  • SNS DAOs are now able to mint new #SNS tokens.

Governance Proposals

  • Proposal 127044, Interim remuneration proposal: rewards for Gen-1 node machines after 48 months.

Events This Week

  • Jan 15 - 16, CV VC Top 50 Dinner and Web3 Investor Gathering, Davos

  • Jan 17 - 19, B2GC Blockchain 2 Government Convention

IC Protocol Updates and Forum Digest

  • Subnet Rental & Swiss Subnet

    • The private clouds concept is most suitable for entities seeking complete control over their network, including its location.

  • Technical Working Group DeAI

    •  Weekly meeting highlight the importance of 64-bit WASM to support DeAI development.

  •  NFT Token Standard Working Group

    • The proposal raised in the meeting involves integrating created_at_time and memo into individual items of a batch update call to align with ICRC-4 on batch transactions for fungible tokens.

SNS Updates

  • Upcoming ICLighthouse DAO(ICDex) Launch SNS

    • Circulating ICLs will be converted 1:1 within one quarter of the successful launch of the SNS.

  • Upcoming ELNA SNS Decentralization Sale

  • Proposal to create an SNS DAO for SNEED

    •  Proposal 127066 to create an SNS DAO named 'Sneed DAO'.

Applications & Builders

  • Total Staked ICP: 246’367’778

  • New members in Ecosystem: Big welcome!

    • BitBasel, A marketplace for buying and selling fine digital artwork.

    • ESTATE DAO: Revolutionizing Vacation Home Investment.

    • InvoiceMate:  a next-generation invoicing infrastructure.

  • Ecosystem Projects Highlights:

    • Nuance:

      • Community proposal: to integrate Nuance's article feed into Open Chat, which aims to bring together the best of blogging and chatting on the Internet Computer.

    • Gold DAO:

      • proposed to introduce GLDGov Voting Maturity.

    • OpenChat:

      • propose to upgrade OpenChat SNS swap canister to next version.

    • Boom DAO

      •  Announced airdrop event to moonwalker holders.

Community Updates

  • ICP.Hub Hong Kong together with Lead capital hosted TBW closing party.

  • ICP.Hub Balkan have new website launched.

  • ICP.Hub India arranged MEME Making Competition event.

  • ICP.Hub Indonesia partnered with 1000 startup digital to have next incubator porgram.

  • ICP.Hub North America will kick off 1st weekly office hours on Jan 14.

  • ICP.Hub Malay Thai joined B2GC in Phuket, Thailand.

General Regulations

  • The European Union's banking watchdog has issued guidelines for crypto firms to adhere to its anti-money laundering and terrorist-financing regulations.

  • OKX Middle East Fintech FZE, Dubai's subsidiary, has obtained a license from VARA, set to be operational within weeks.

  • Binance Thailand, a joint venture between Binance and Gulf Innova, has opened for trading.

Industry News

  • HashKey Group, a Hong Kong-based crypto exchange, has raised $100 million, achieving a valuation of $1.2 billion post-raise.

  • MetaMask is experimenting with a transaction routing feature, potentially transforming the Ethereum wallet into an intent-centric protocol.

  • The Dencun mainnet upgrade is expected to occur minimum 1 month after Holešky upgrade.

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