GM Flowverse Citizens! Crescendo is COMING. For developers on Flow, make sure to stage your code on Mainnet before September 4th!
🚨 Network Upgrade (Crescendo) Live on Testnet
The Crescendo network upgrade on Testnet was successfully completed last week, marking a significant milestone for the Flow ecosystem 🌊
75% of all active contracts on Testnet were fully upgraded and staged, with staged Cadence 1.0 code replacing the corresponding live pre-upgrade code 🔥🔥🔥
The next critical milestone is the Mainnet Crescendo network upgrade, on September 4th. To ensure a smooth transition, it’s essential that all Flow developers focus on staging their contracts on Mainnet as soon as possible.
Please note: Any contracts not upgraded and staged by September 4th will be permanently broken and unmodifiable along with associated NFTs, fungible tokens and other data. You must stage on mainnet before September 4th to ensure a seamless migration!
In case you missed it:
🚨 Flow released a stablecoin update ahead of the Crescendo network upgrade
🧑💻 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: evaluate
💸 Newsletter Sponsors
MORE Markets and IncrementFi makes the Flowverse newsletter possible, so go check them out and thank them for their support!
MORE Markets: MORE Markets is a DeFi undercollateralized lending protocol on Flow. Borrow up to 125% against ETH, BTC, FLOW and USD and lenders can deploy funds across curated MORE vaults.
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
The Flow Testnet Crescendo Network Upgrade went live
MORE Markets Testnet launches this August 2024
Fixes introduced Social Walletless Integration, i.e. logging with social platforms and pure walletless experience
aiSports NFTs are now live on Crescendo Testnet
Tokenlist for Flow Testnet has been fully upgraded. It will also support registering and listing ERC20s on Flow in the near future
FanCraze announced officially licensed collectibles from your favourite teams, for just $5
KittyPunch are interested in discussing Punch Vault strategies with DeFi apps on Flow
Flow conducted a podcast with MFL CEO discussing the developments behind their platform which allows football fans to create & manage digital football teams
NBA Top Shot oversubscribed on Legendary & Rare packs
Flowverse analyzed FLOW coin volumes on South Korean based crypto exchanges like Upbit
Disney Pinnacle dropped Tinker Bell Vol.1 Limited Edition digital pins
The first ever NBA Top Shot trading event went live
🔥 Weekly Crypto News
Mastercard launched a debit card with MetaMask allowing holders to spend self-custodied tokens at any store or site where Mastercard is accepted
The Dubai Court of First Instance declared cryptocurrency can be used as a legal form of salary under employment contracts
Turkey’s regulatory authorities received license applications from 76 cryptocurrency companies
Hamster Kombat revealed having rejected investment proposals from some of the biggest venture capital firms in the crypto industry
The median price to send a transaction on the Ethereum blockchain plummeted to a five-year low
Binance resumed services in India after seven-month regulatory ban
Prediction marketplace Polymarket partnered with Perplexity to show news summaries
Canto, a Cosmos-based L1 blockchain, experienced a 33-hour outage following a major chain update
🔬 Flow Project Spotlight: evaluate
evaluate is a platform that lets you trade, swap NFTs, negotiate deals easily on Flow.
Their SDK is tailored for applications operating on Flow and other blockchains, providing the capability to incorporate a peer-to-peer NFT exchange interface and messaging functionality into their platforms, marketplaces, or games!
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