Hey RADAR fam,
July has been a whirlwind of activity, not just for us at RADAR, but across the entire crypto universe. As we stride into the latter half of 2024, we’re buzzing with excitement to share our latest milestones, new integrations, and the major industry happenings that made headlines this month.
Despite strong market corrections, the crypto market remains as lively as ever. A significant $755 million worth of cryptocurrency tokens were unlocked across more than 40 projects including the likes of AltLayer and gaming-focused Xai (which recently integrated with DappRadar).
On the traditional finance side, July also saw the debut of PayPal’s stablecoin, PYUSD, a significant leap as a financial giant embraces blockchain technology. PayPal’s move speaks volumes, and so does the growing involvement of global powerhouses like Siemens and Boeing in blockchain initiatives.
With all this movement going on, let’s jump into what’s new and noteworthy this July at RADAR!
General
Quest Chance Multiplier
Last month we launched our Quest Chance Multiplier! Now, you can boost your odds of winning by snagging a multiplier for $1 or less. This cool new feature not only amps up the user experience but could also open new revenue streams as we fine-tune its performance moving forward. As we experiment with revenue streams moving forward we’ll start to become more operationally resilient on the DAO’s revenues.
Dapp Priority Fee
We’re always looking for ways to enhance your experience. Introducing the Dapp Priority Fee – a new feature designed to get developers’ DappRadar services executed at a faster rate and with greater ease. More details coming soon!
DappLaunch Selection Committee Announcements
We’re thrilled to welcome new power players to the DappLaunch Selection Committee: BNB, Polkastarter, Chainwire, CryptoPotato, and Lunar Strategy. These partners are set to help us cherry-pick the best Web3 projects, ensuring only the cream of the crop reaches our platform. [Check out the announcement]
Reports
Our brilliant researcher, Sara Gherghelas, has been hard at work. Here’s what we’ve got for you this month:
- Q2 Dapp Industry Report: A deep dive into the latest trends and developments in the Web3 market for Q2 2024.
- Q2 Gaming Report: An in-depth look at the gaming sector within the blockchain space, spotlighting key growth areas and challenges.
- Q2 WAX Report: A comprehensive report on the WAX blockchain ecosystem, covering everything from market performance to user engagement.
Live Events
July was packed with action, and here’s what was on the radar:
- X Spaces for DappLaunch: Our community tuned in as we explored the latest updates and opportunities within the DappLaunch platform. This including introducing how key partners will collaborate to find high-potential projects, the support the network will provide, and what sectors we’re most excited about
- X Spaces about the Buyback: We’ve announced a RADAR buyback, and held an X Spaces with our Head of DAO, Nathan Vandy, and co-founder Dragos Dunica where we discussed the reason behind the RADAR Buyback, how it positively affected the price, and how it will play an important role in the long-term development of our tokenomics moving forward.
Media mentions
When it comes to PR, we had a strong month. We have applied some filters to ignore the spam coming from Medium.com, resulting in 39 top media mentions and total media mentions 1003 in July alone.
With the announcement of DappLaunch’s partners, we sent out our own social media campaign and press release with the help of Lunar Digital. They also provided their monthly update, which I highly recommend checking out.
Read the report by Lunar Digital Strategy
Integration Updates
We’ve broadened our horizons with some exciting new blockchain integrations:
- XAI: Welcoming the premier Arbitrum gaming chain into the RADAR ecosystem.
- Bahamut: With a novel Proof-of-Stake and Activity protocol, Bahamut is a fresh integration, adding even more power to our platform.
- TON: The Open Network is now part of our blockchain family. One of the up and coming blockchains in recent months.
- Kroma: A new protocol built on the Superchain with zkEVM, Kroma is another stellar addition, further expanding our ecosystem.
DAO & RADAR
RADAR Buyback
We’re doubling down on our commitment to the community with a RADAR buyback set for August 1st, a move that’s all about adding value for our holders. Read and mint the blog here.
Proposal [DCP-26] SushiSwap V2 Rewards Extension (Re-up)
The latest proposal, DCP-26 passed the Snapshot vote and we’ll be working internally to maintain our LP rewards on Sushiswap. The goal here is to maintain our liquidity on our home chain of Ethereum to maintain RADAR liquidity and price stability. You can read more about the proposal here.
RADAR Quest
Keep an eye out for new RADAR quests, offering you fresh ways to engage with the platform and earn rewards. Currently, if you want to support the RADAR liquidity there is also a Quest to trade 100,00 RADAR and be elfibile for a prize worth 50,000 RADAR. Get the word out, and get RADAR onn the map.
Parting Thoughts
As we move full steam ahead into the second half of 2024, there’s no slowing us down. With more blockchain integrations on the horizon, the growth of DappLaunch partners, and some proposals in the work, we’re head down focused on makking DappRadar the ultimate discovery platform for decentralized applications.
Big things are coming!