This Week: EOS and the Antelope Coalition Lead Industry's Blockchain Development

The EOS network has been making significant strides in its development and progress as a formidable ecosystem for Web3 needs. Its membership in the Antelope Coalition, alongside other notable blockchains like WAX, Telos, and UX Network, has seen it bolster its position further.

With its advanced features and capabilities, EOS continues to prove itself to be a valuable asset for developers and businesses alike, enabling them to create scalable and highly performant applications. The blockchain's flexibility allows for the creation of customized and tailor-made solutions for public and private use cases, making it a preferred choice for a wide range of applications.

The Antelope Coalition, comprising four of the most innovative and forward-thinking blockchains, has set its sights on revolutionizing the Web3 landscape. With EOS at the forefront, the coalition is dedicated to delivering cutting-edge solutions to address the most pressing needs of the industry. From interoperability to scalability initiatives such as Antelope IBC, the coalition aims to provide the infrastructure necessary to facilitate the mass adoption of Web3.

With EOS's continued progress and development, the network is poised to become a leading player in the Web3 space. Its membership in the Antelope Coalition is a testament to its commitment to collaboration and innovation, and its potential to drive the future of decentralized technology. As the world continues to transition towards a more decentralized future, EOS is well-positioned to play a vital role in the development of this new era.

In the meantime, EOS continues to build and prepare itself for the inevitability of the mass adoption of blockchain technology. This past week gave us a glimpse of what makes EOS an industry leader when it comes to blockchain development.

Antelope Coalition meeting

The Antelope Coalition between EOS, WAX, Telos, and UX Network blockchains held its weekly meeting this past week in which they discussed various initiatives that aim to improve the Antelope ecosystem as a whole.

The following projects are some of what was discussed in the recent meeting:

P2P Peer Discovery Delegates - The Coalition was looking to assign two people who would act as delegates in approving the milestones for this project. Lukas and Gnome volunteered and have been assigned as the delegates.

Antelopeibc.io Portal - The Coalition is currently considering several options on how to proceed with the Antelope IBC portal and what tools and integrations it needs to have. Also whether third parties would be needed to cover the gaps in building the complete product with all the integrations. It is also in doubt whether building the portal is worth it for the Coalition and its members financially and time wise, considering their ongoing responsibilities in other projects.

Wallet SDK Update - The technical preview has been released and the team is looking to engage with developers. It has requested for individual member chains to get the word out about the project to hopefully get more developers onboard. The user interface is also functional and the team is currently in the data and feedback collection phase. A lot of documentation and design work is ongoing in the background, and development on the website is also coming along.

Ledger app support - There’s been a meeting recently with the Ledger team to talk about technical details regarding the Antelope app integration with the Ledger wallet. The team working on this is looking to identify opportunities for marketing, and is looking to draw up an itemized list that can be shared with the Coalition members to consider.

Watch the full discussion - March 16th, 2023 Meeting | EOS, TELOS, WAX, UX Network

Block Producer meeting

Earlier this month the EOS Network Foundation (ENF) held its monthly meeting with the top 30 EOS Block Producers (BPs), led by the ENF’s Communications Manager, Beatrice Wang. These monthly meetings are meant to foster an open dialogue between network operators and custodians in support of the mutual development of the EOS ecosystem.

Ted Cahall, the ENF’s Chief Operating Officer, gave a progress report on the ENF’s main initiatives. These included the ENF’s internal objectives, an update on the foundation’s Health Reports, Antelope engineering and release cadence, and GameFi strategy. As well as give a statement on how his team is working to streamline the ENF by creating new entities, systems and automation as the ENF grows.

The COO’s progress report also touched on the ENF Grant Framework which has now processed 50 Grants; approved 17 worth $1.2 million, rejected 32 worth $2.8 million, with 8 currently in queue, and 1 Grant worth $50k currently pending. Additionally, Ted gave a report on the ENF’s Request for Proposal initiative (RFP) which has initiated 9 RFPs; 2 of which are completed, with 5 still in development, and the remaining 2 in their early stages of scoping and/or creation.

ENF CEO, Yves La Rose, also gave an update and provided details on the EVM launch date which is still set for April 14, for the developer release. As well as provide an update on the ongoing Yield+ initiative which has continued to show an increase in TVL and has recently added another DeFi protocol to the program.

Read the full recap of the meeting - EOS Monthly Block Producer Meeting Recap

Program & Operations Health Report

A few days ago the EOS Network Foundation (ENF) published its latest monthly Program & Operations Health Report for the month of February. The health reports are published to give the EOS community a behind-the-scenes look at the daily operations of the ENF, fostering an ecosystem of open communication and transparency.

The 20-page report provides insights on the ENF’s new initiatives, operation metrics, contracts, RFPs, Grant metrics, and completed projects. It also provides high level insights into important initiatives across the EOS ecosystem including IBC, Hypha DAO, Instant Finality, Coalition Ledger App, Wallet+ SDKs, EOS EVM, and more.

An update on the progress of RFP (request for proposal) projects is also provided. For the P2P Peer Discovery RFP, the Antelope Coalition has completed the review of Fudan’s winning bid and project’s development is underway. For Provable State Domains, the Coalition is currently researching the requirements for starting an RFP for the project.

Antelope’s bi-annually code update/upgrade, the first of which is being released this month, has resulted in a code freeze in preparation for the March release. This has resulted in the delay and adjustments to the milestone completion dates of many of EOS and Antelope’s projects that are currently under development.

Read the insightful and in-depth report - Monthly Program & Operations Health Report

Pomelo Season 5

Season 5 of Pomelo Grants, the crowdfunding platform that allows anyone to request funding for public goods projects from the EOS community, is in full swing following the close of grant applications on March 15 this week. A total of 127 public goods projects have been approved for community funding this season, with donations set to close on March 23.

Projects that receive support from the EOS community in the form of donations this season will also receive a share of the $170,000+ matching pool to help them deliver on their milestones. To fairly distribute the matching funds, Pomelo uses a quadratic funding mechanism where the more unique donors a project has, the more funds they receive.

The season is in full swing with many projects campaigning to receive support from the EOS community. These public goods projects are provided multiple avenues on which to get their offers heard by the community, including in Pomelo’s weekly Pitch Sessions on Twitter, and the weekly EOS Community Fireside Chats on Discord and Twitter.

EOS community members can donate EOS tokens to their favorite grants and influence the distribution of the matching pool. All while contributing towards building a stronger EOS ecosystem. The donation phase closes on March 23, 2023.

Visit the Pomelo Grants website to donate to your favorite EOS projects!

As of writing EOS is trading at $1.13 (up 15.3% from last week’s price of $0.98). It is currently doing $169 million in daily trading volume, and its market cap currently sits at $1,228,980,531. This week sees EOS ranked 45th by market cap rankings. All stats are based on CoinMarketCap data.

Sources

● Antelope Coalition meeting

● Block Producer meeting

● Program & Operations Health Report

● [Pomelo Season 5](

Suggested News