July Roundup: SOLA-X Fundraise Concludes, AngelBlock Partners with ETH Warsaw, Becomes Indexer for The Graph Network, and More
02 Aug 2023 · 3 min read
Monthly Update
Monthly Update
Product
Product
Ecosystem
Ecosystem
Marketing & Community
Marketing & Community
Hello AngelBlock Community,
July has been another exhilarating month for AngelBlock, packed with milestones, new partnerships, and product enhancements. Let's take a closer look at what we've achieved this month!
Product
SOLA-X Fundraise Concludes and Next Steps
The SOLA-X fundraise came to a successful conclusion this month, achieving the targeted softcap goal. This success reflects the collective effort of our community, the SOLA-X team, and all participating investors.
The SOLA-X team is now working to realize their vision, focusing on delivering the proposed milestones outlined during the raise. The immediate next step for investors is milestone validation.
Scheduled for September 1st, the first voting round will enable our investor community to actively participate in an unprecedented process. This approach ensures an unparalleled level of transparency and commitment, allowing stakeholders to have a say in the project's development, reflecting true decentralization.
We Are Now an Indexer on The Graph
AngelBlock's transition to becoming an indexer on The Graph network marks a vital step in our development strategy. By hosting subgraphs on The Graph network, we've gained complete control over the indexing of our own subgraphs.
This new capability has multiple advantages, eliminating our reliance on third-party providers and increasing efficiency. The process also ensures more accurate and timely data retrieval, benefiting all users who rely on our platform.
Ecosystem
Staking Update
Total $THOL staked: 11,896,175
Staker count: 265
NFTs staked: 843
Current market value per NFT: 6,286.86 $THOL
$THOL staking rewards pool: 27,145,630 $THOL
If you haven't staked your $THOL or NFTs yet, you can start staking here.
ETH Warsaw Partners With Us For the Startup Grant Program
We're excited to announce our collaboration with ETH Warsaw for the AngelBlock Startup Grant Program.
ETH Warsaw, the Polish Ethereum conference and hackathon scheduled this year for August 31st - September 3rd, is renowned for its ability to bring together a global community of builders, founders, and educators in the Web3 space.
Growing the Aleph Zero Validator Node
Users can stake their $AZERO with us at a low commission of just 5% - a significant drop compared to AlephZero Foundation nodes' 12.5%.
Don't miss out on this chance to maximize your rewards! Remember, switching your validator doesn't mean your tokens will be unbonded, they'll continue to earn staking rewards.
To equip SOLA-X investors for the upcoming milestone voting and introduce all AngelBlock users to our post-raise governance process, we published a comprehensive tweet on the matter. This effort underlines the milestone mechanics unique to AngelBlock.
We've analyzed the DefiLlama Raises dashboard to provide an insightful overview of the crypto funding landscape in H1 2023, along with an outlook for the rest of the year.
July's achievements are just the beginning! Your unwavering support propels us forward as we continue to innovate and lead the decentralized fundraising space. Stay tuned for more updates and exciting developments as we stride into August.
Together, we are shaping the future of decentralized project governance, one milestone at a time.