As we move through Q3, a number of projects are moving ahead with continued development, and this week’s choices are set to benefit from significant updates and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.
1. Origin Protocol (OGN)
Origin is a platform for building decentralized marketplaces on the blockchain. Origin makes use of the OGN token to unite marketplace owners, vendors, and customers in their stakeholder based ecosystem.
Why Origin My Earth NFT Release This Week
The Origin platform is emerging as an NFT hub and the team have announced that the “M.Y. Earth” digital art collection will be released on the Origin NFT Launchpad in just a few days. Photographer, Michael Yamashita has over 30 years experience capturing iconic images for National Geographic and will release his unique “M.Y. Earth” collection on July 20, at 5:30pm PDT. The first release will be the Open Edition portion which can be purchased via DAI, USDC, USDT, or OUSD during a 30 minute “flash-sale”. A Tiered Auction will follow from August 2nd to August 4th at 7:00 PM PDT, and you can find out more about the art collection, and auctions here.
2. Fear NFTs (FEAR)
Fear is a blockchain based horror games and NFT brand forged by the developers of the famous Whack It series.
Why Fear NFTs? New Whack It Game Release on July 20
The Fear team are adding to their popular “Whack It” gaming brand this week, and the “Whack Your UnDead Neighbour” game will launch on July 20. The game follows on from other titles including “Whack The Burglars”, “Whack The Creeps”, and “Whack Your Neighbour”. The series has generated hundreds of millions of online plays, and the next release will feature the ability to stake FEAR tokens to play, and the ability to play to earn tokens and NFTs. The Fear team will also be releasing exclusive content to accompany the launch, and anybody can follow the launch countdown and keep an eye on the project’s social media channels for the latest updates.
3. IoTeX (IOTX)
IoTeX aims to create the next generation Internet of Things blockchain (IoT) platform. The unique blockchain-in-blockchain architecture will upgrade scalability, privacy, and developability issues relating to the IoT DApps and ecosystem growth.
Why IoTeX? Mainnet v1.3 Launches on July 22
The IoTeX project continues to develop and the team have confirmed that their Mainnet v1.3 version will launch this week. Mainnet v1.3 will officially activate at block height 12,289,321 which is projected to occur on July 22 at approximately 14:00 PDT. The network upgrade brings EVM Istanbul protocols such as EIP-152, EIP-1108, EIP-1344, EIP-1884, EIP-2028, and EIP-2200 to the IoTeX network and also supports low cost gas fees for storage and ZK-SNARKs computations for Web3 dApps. Network delegates can also immediately install Mainnet v1.3 to their nodes, and the team document the upgrade specifics on their Github.
How did the coins perform last week?
The seven day period generally led to negative results across the market; and KAVA fell by 9% and is currently trading at around $3.97. BAND dropped 23% and is currently trading at $5.15, and PUNDIX jumped by 7% over the week, and is currently trading at $1.15. Over the course of the week, the market moved from an overall valuation of $1.41T to $1.30T.