Verge to Hold AMA on X on August 29th

Yield Guild Games will host a community call on Discord on August 27th at 14:00 UTC, focusing on the forthcoming community questing platform currently in early access.

YGG Info

Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) that uses blockchain to provide access to play-to-earn (P2E) games worldwide. YGG invests in NFTs used in blockchain games.

Yield Guild Games is based on the idea that games can be a source of income. Using the P2E model, players can earn assets by playing games. These assets can then be converted into real money.

The YGG token is used within the ecosystem for voting and community governance. YGG token holders can vote on various issues related to community management, including the buying and selling of NFT assets.

Nuzo is now live on the Lisk blockchain, offering a mobile-money-like experience for crypto transactions in African markets. Users can fund wallets with local currency (automatically converted to stablecoins), pay merchants using a simple Till Number system, and earn rewards on every transaction. The integration is designed to bring crypto usability closer to familiar mobile payment systems in high-growth regions.

LSK Info

Lisk (LSK) is a blockchain application platform that was established in early 2016. It was created by Max Kordek and Oliver Beddows, and it's based on its own blockchain network and token, known as LSK. The goal of Lisk is to make it easier for developers to build blockchain applications in JavaScript and to deploy their own sidechain linked to the Lisk network.

Lisk aims to solve the problem of network congestion and scalability on the blockchain by implementing sidechains, which are essentially parallel chains that carry the load of running decentralized apps. The sidechain concept allows developers to create customizable blockchains for their own specific set of rules, without affecting the performance of the main blockchain. This way, every decentralized application runs on its own blockchain, reducing the load on the network.

Additionally, Lisk offers a Software Development Kit (SDK) that simplifies the process of building and deploying blockchain applications. With this approach, Lisk hopes to make blockchain technology more accessible to developers and to speed up the adoption of the technology across various industries. It also provides a unique consensus protocol known as Delegated Proof of Stake (DPoS), where stakeholders can vote for delegates to secure the network and validate transactions.

Cube has announced that Aptos will be coming to its platform on August 26th.

APT Info

Aptos is a new, independent high-performance Layer 1 project focused on delivering the safest and most scalable blockchain in the world. The Aptos blockchain leverages the Move programming language to make transactions fast and secure.

The Aptos data model enables flexible key management and hybrid custodial options. This, alongside transaction transparency prior to signing and practical light client protocols, provides a safer and more trustworthy user experience.

To achieve high throughput and low latency, the Aptos blockchain leverages a pipelined and modular approach for the key stages of transaction processing. Specifically, transaction dissemination, block metadata ordering, parallel transaction execution, batch storage, and ledger certification all operate concurrently. This approach fully leverages all available physical resources, improves hardware efficiency, and enables highly parallel execution.

Tranchess will host an AMA on X on August 27th at 12:00 UTC. The discussion will feature co-founder and chief executive officer Danny Chong, alongside other representatives and a guest speaker.

CHESS Info

Tranchess is an asset management and derivatives trading protocol that consists of three tokens (QUEEN, BISHOP and ROOK) and a governance token CHESS. The project is a set of blockchain investment products designed to optimize investment in Bitcoin.

Based on the tranche principle, Tranchess allows investors to choose between different levels of risk and return, allowing them to tailor their investment strategy to their risk preferences. Tranchess offers several tranches, each of which has its own characteristics in relation to changes in the price of bitcoin. Within the system, various tranches are presented, each of which reacts to fluctuations in the price of bitcoin in a certain way.

QUEEN is an index token that tracks BTC price fluctuations. To receive QUEEN, users can pledge BTCB as an underlying asset.

BISHOP is a yield token pegged to USDC. Its feature is a variable interest rate, which is adjusted weekly. The USDC interest rate is determined based on data from the Venus platform, after which a surcharge approved by the community vote is added to it. The amount received becomes the BISHOP fixed rate for the following week.

ROOK is a leveraged BTC token that allows its holders to borrow funds from BISHOP holders and thereby increase BTC risk exposure.

Tranchess Governance Token, CHESS, has a number of functionalities: CHESS holders can participate in voting to adjust the weekly interest rate for BISHOP tokens; CHESS holders receive weekly rewards in the form of a share of BTCB commissions (approximately 50% of the total commissions of the Tranchess platform); in addition, by using CHESS for staking, users can increase the rewards of the liquidity mining program.

Arcblock will host an AMA on September 1st at 02:00 UTC. The session will include a reward pool exceeding 200 ABT.

Refer to the official tweet by ABT:

ABT Info

ArcBlock is a platform designed for the creation and deployment of decentralized applications (DApps) and blockchains. It was established with the objective of facilitating developers in creating and deploying DApps by providing them with the necessary tools, services, and standards. Here are some key features and aspects of the ArcBlock project:

Blocklet OS: ArcBlock includes Blocklet, a microservice for blockchain applications. This allows developers to utilize standard libraries and development tools without having to rely on blockchain-specific instruments.

Compatibility with Various Blockchains: One of the standout features of ArcBlock is its ability to integrate with different blockchains, such as Ethereum, Hyperledger, and others.

Open Chain Access Protocol: This protocol enables the development of applications that are compatible with multiple blockchains, thus ensuring flexibility and resilience of applications to changes in the blockchain sphere.

Marketplace: ArcBlock provides a platform for the exchange of various services, components, and even chains, streamlining the development and promotion of decentralized applications.

ABT Token: This is the primary token of the platform, used for facilitating network operations, including participant compensation, payments, and so on.

Ethereum and companies holding ETH on their balance sheets are currently undervalued, according to Standard Chartered’s global head of digital assets research, Geoffrey Kendrick.

In a new note from Tuesday, Kendrick said Ethereum digital asset treasury (DAT) companies have so far bought 2.6% of all ether in circulation since June, while spot ETH exchange-traded funds (ETFs) added another 2.3% in the same period — meaning 4.9% of supply has been absorbed in less than three months.

That helped push ETH to a fresh all-time high of $4,955 on Aug. 24.

Still, Kendrick said ETH and the Ethereum treasury companies are "cheap at today’s levels,” reiterating his recent view that treasury firms could eventually hold 10% of circulating ETH. Ethereum DAT BitMine Immersion alone is targeting 5% of circulation, he noted.

The Standard Chartered researcher brought attention to how the valuations of ETH treasury firms such as SharpLink Gaming (SBET) and BitMine Immersion (BMNR) have fallen below Strategy (MSTR) on a net asset value (NAV) multiples basis.

"Given that the ETH treasury companies are able to capture ETH’s 3% staking yield I see no reason for the NAV multiples to be below MSTR’s multiple (which captures no such staking yield)," Kendrick said.

SBET’s saying last week that it would repurchase shares if its NAV multiple falls below 1.0 should provide a “hard floor” for valuations, he added.

Earlier this month, Kendrick said Ethereum DATs are now “very investable,” as they present a stronger case for investors than U.S. spot ETFs, which currently cannot stake or participate in decentralized finance.

The researcher maintains a $7,500 price target for ETH by year-end and $25,000 by 2028, calling the recent sell-off “a great entry point.” ETH is currently trading at around $4,530, according to The Block's ETH price page.

Kendrick has been one of the more bullish voices across crypto. Last month, he raised his forecast for bitcoin to $135,000 by Sept. 30 and reiterated a $200,000 year-end target. His 2028 projection stands at $500,000.

Additionally, Kendrick expects BNB to reach $2,775 by 2028, Avalanche’s AVAX token to climb to $250 by 2029, and XRP to rise to $12.50 by 2028. He also forecasts stablecoin adoption to surge, with the total market approaching $2 trillion by the end of 2028.

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