🌊 GM Flowverse Citizens!
This week, Flow shared some very exciting news 🤯🤯🤯
Introducing the Crescendo Bounty Program!
They are seeking vulnerabilities that could impact network stability/security 🔍
Rewards while in previewnet based on severity:
💰 Critical: $50K
💰 High: $25K
💰 Medium: $5K
💰 Low: $500
In case you missed it:
🧑💻 Calling all Flow developers - begin your Cadence 1.0 upgrade today. Access the Migration Guide, which includes everything you need to know to upgrade your contracts
🏆 IncrementFi rewards system for future airdrops launched. Use our referral link and bind the referral code for a 5% boost
What’s on today:
💡 Weekly Flow News
🔥 Weekly Crypto News
🔬 Flow Project Spotlight: Toucans
💸 Newsletter Sponsors
IncrementFi makes the Flowverse newsletter possible, so go check them out and thank them for their support!
IncrementFi: IncrementFi is bringing DeFi to the Flow Blockchain through their One-stop Platform. Deposit, Earn, Borrow, and Swap - Explore More Yield and Liquidity Opportunities for Fungible Tokens on Flow.
💡 Weekly Flow News
Flow announced the Crescendo Bug Bounty Program, offering up to $50k in rewards
Contract Browser hit 24,000 searches, 6x growth in a year
Ali Serag, Product Manager at Flow Foundation, discussed the possibilities for apps unlocked through Cadence 1.0
NBA Top Shot’s 2024 Boston Celtics NBA Playoffs Locking Reward Challenge went live
Ballerz launched their latest merch collection
Dimension X shared details of Arena Boyz, a fully on-chain turn-based battle royale game
The Heroes of the Flow Udemy course on the creation of their game on Flow already has over 1000 students in 5 days since the launch
MFL sales surpassed $1.45M in total volume, with over 45k transactions on Flow
OnChain Studios CEO, Will Weinraub, teased the Cryptoys mobile app
NBA Top Shot hosted a competition to win a pair of sneakers worn and autographed by Brandin Podziemski
The second and final wave of Disney The Jungle Book Vol.1 Open Edition digital pin set arrived on Disney Pinnacle, featuring Mowgli, Baby Elephant, Bagheera
🔥 Weekly Crypto News
Axios released a report stating Republican candidate and former President Donald Trump might be making an appearance at Bitcoin 2024 in Nashville
Coinbase and Stripe partnered to integrate USDC on Base
Strike, the payments application that uses the Bitcoin Blockchain, started a UK service
UAE Central Bank approved plan for stablecoin registration framework
Logan Paul initiated a defamation lawsuit against Coffeezilla, in response to a controversial video series
Hamster Kombat, a game based on Telegram and TON, achieved a remarkable 200 million users within three months of its launch
Marathon Digital Holdings, announced a significant diversification strategy, mining $16 million worth of Kaspa (KAS) tokens since September 2023
The United States Justice Department announced the conviction of a 24-year-old Florida man who committed home invasions to access cryptocurrency savings
🔬 Flow Project Spotlight: Toucans
Toucans is a no-code solution that allows you to create your own DAO and/or fungible token on Flow 🌊
Their TVL and usage has been growing this year 📈
Here's all you need to know about the platform in 2 minutes:
As a user, you can: fundraise with your new token, accept donations into the DAO and vote with your token.
When creating a DAO, you will be asked to enter basic information about your DAO/token!
Once generated, a fungible token contract is created and deployed to your account on Flow. You own your contract.
Toucans prides itself with strong governance under the hood like their multi-sig treasury management!
Toucans seamlessly integrates with other dApps on Flow like Increment Finance.
Toucans integrates with Discord as well, enabling community building and engagement for DAOs and token holders.
Emerald City are the chads that developed Toucans 🫡
Users can test their DAOs on a test version of the website before deploying them on the main platform.
Toucans allows for donations to DAOs in FLOW, USDC, LOPPY tokens and NFTs!
Toucans provides statistics and tracking for funding rounds, including total funding, unique funders, and progress towards the project's goal.
Disclaimer: None of this financial advice and you should always do your own research!
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