The Avalanche Snow Report: September 2023

Your September roundup of highlights from across the Avalanche ecosystem is here!

This issue: An Introduction to Avalanche Academy, Firewood Offers New Database for High-Throughput Blockchains, Hyperspace NFT Platform Launches on Avalanche, Movement Labs Brings Move Based Blockchains to Avalanche, and more.

Have feedback or want to learn more? Please contact luke.chmiel@avalabs.org.

Network Highlights

Newly Launched Avalanche Academy Welcomes Developers of All Skill Levels

We’re excited to announce Avalanche Academy, an Avalanche consensus-powered platform teaching developers how to build the next generation of scalable blockchain applications. Available to seasoned devs or those new to blockchain, Avalanche Academy offers comprehensive courses covering Avalanche fundamentals, EVM customization, Subnet architecture, Avalanche dev toolkits, and more to come.

Upon course completion, students can demonstrate their mastery and expertise with a certificate. Coming soon: performance and completion-based NFT badges. Explore Avalanche Academy →

The Avalanche Foundation Launches the Ted Yin Grant Program

The Avalanche Foundation is proud to launch the Ted Yin Grant Program in recognition of Ted’s contributions to the Avalanche ecosystem. The program focuses on the development of open-source software built on Avalanche and/or otherwise benefitting public blockchains.

DeFi

Here Comes the CavalRe with a New and Novel Multiswap

Multiswap, a new breed of “multi-asset” decentralized exchange, has launched on Avalanche. Developed by CavalRe, this new AMM model leverages Avalanche’s speed and flexibility to enable traders to swap hundreds of tokens in a single transaction.

DEX liquidity pools usually let traders swap one token type for another. Multiswap’s code creates a liquidity pool containing many different tokens that can be easily traded with each other, enabling multiple trades to occur in a single transaction. Multiswap recently recorded the highest number of token swaps in a testing period at 340 different tokens, demonstrating the power of this novel pool design.

Dexalot Makes Swaps Simple

Dexalot’s new SimpleSwap feature allows users to harness the benefits of Automated Market Maker (AMM)-style swaps while enjoying the tight spreads and optimal pricing typically associated with a CLOB exchange. By combining the best of both worlds, Dexalot traders can execute token swaps quickly and effortlessly on an intuitive and uncluttered interface. SimpleSwap will complement the existing order book format seamlessly.

One of the key advantages of SimpleSwap is its interoperability with third-party aggregators, offering traders the flexibility to utilize this feature on platforms of their choice. This integration allows users to tap into the unparalleled pricing capabilities of Dexalot, including on-chain pricing for assets like WETH.e and BTC.b, regardless of where they choose to trade.

More DeFi Highlights

• DBOE brings options to Avalanche.
• Vector Finance brings auto compounders to Balancer on Avalanche.
• Delta Prime launches liquidity mining program on Avalanche.

Enterprises & Institutions

Avalanche Joins Warner Bros Discovery and Acme Innovation Startup Accelerator

Acme Innovation has launched an accelerator program with Warner Bros. Discovery and Avalanche as a blockchain partner. The program, “Collider on the Lot”, will see executives from Acme, Warner Bros., and Ava Labs work with media and entertainment startups to push technological boundaries, creating innovative new digital experiences for fans.

PlayThink Launches Ponta Loyalty Rewards Subnet

Another major rewards program is coming to Avalanche. Japanese enterprise Loyalty Marketing will partner with blockchain services provider PlayThink to bring Loyalty Marketing’s popular loyalty rewards program, “Ponta”, on-chain by the end of 2023 using Avalanche’s novel Subnet infrastructure. The Subnet aims to provide Web3 services to Loyalty Marketing’s approximately 100 million user accounts, including mass scale issuance and distribution of digital collectibles like NFTs.

PlayThink and Loyalty Marketing chose Avalanche and its Subnet infrastructure because they valued having Ethereum Virtual Machine (EVM) smart contract compatibility and simultaneously leveraging Avalanche’s ultra-fast time-to-finality. Additionally, Playthink and Loyalty Marketing can leverage Subnets’ highly customizable nature to tailor-make a high-speed blockchain and service hundreds of millions of users.

Japanese Food App SARAH Bringing 2M MAUs to Avalanche

SARAH has partnered with AvaCloud to launch their own UME-powered blockchain. Users can earn UME, the on-chain loyalty and points system, by posting pictures and reviews on SARAH.

SARAH is launching their testnet this month. TheiOS app will be available first, then the Android soon after. Major enterprises have already joined on as validators to help secure the upcoming SARAH Subnet.

More Enterprise & Institutions Highlights

• Cerchia Revolutionizes the Parametric Insurance Market with Milestone Bilateral Transaction on Avalanche.
• Korean tech firm SK Planet is offering NFT tickets on a popular loyalty app in Korea, allowing fans to buy K-pop tickets as NFTs on Avalanche.
• On-Chain Cash Management: Thematic Takeaways From Partner Discussions.
• 10 key insights from John Wu’s insightful Permissionless panel discussion on Institutional adoption.
• It’s been great to witness the growing dialogue between the DeFi and Institutional space. Thanks to all who joined our Institutional and DeFi Happy Hours in Austin and NYC!
• DeFi Made Here wrote a thread outlining why Avalanche will drive the future of asset tokenization.
• Avalanche Evergreen mentioned in STM’s State of Security Tokens 2023 - Q2 Report.
• Morgan Krupetsky joined an informative panel on tokenizing Private & Public Markets at Institutional Crypto West, San Francisco with Securitize, Coinbase and others.

Gaming

Leading Influencers Dr Disrespect, Imperial Hal, and Clix Playtest “Off the Grid”

Major Web2 influencers Dr. Disrespect, Imperial Hal, and Clix got an exclusive first-look at Gunzilla Games' "Off the Grid!" They dove into fierce PvPvE clashes, explored the meticulously crafted map, and shared insights about the upcoming epic 60-hour story campaign and 150-player battle royales.

Shrapnel Now Available For User Wishlists in Epic Games Store

One of the most anticipated games is now available to add to your wishlist on the Epic Games Store. Early access to the game is scheduled for December 2023 and, as a bonus, anyone holding an Operator NFT will be given a free extraction pack that may contain exclusive cosmetics, consumables and more.

More Gaming Highlights

• The Lord of Lights World Championship with a 40k USDC prize pool begins on September 29.
• Behind the scenes look at the creation of Rumble Kong.
• Bit Fighters announce launch date of October 1st.
• MetaDOS provides details on fee free NFT minting on DOS Chain.
• Paradise Tycoon discusses how to maximize community rewards.
• Merit Circle’s testnet goes permissionless with mainnet to follow.
• Ed Chang discusses what success in gaming looks like in an interview with Tech Crunch.

NFTs & Culture

Hyperspace.xyz Brings Suite of NFT Tools to Avalanche

Multichain NFT marketplace and launchpad Hyperspace expanded its services to Avalanche, bringing with it NFT analytics, charting and more to come. The platform offers an interactive dashboard that allows users to track top projects in the NFT ecosystem by various volumes and prices. The platform also offers its own marketplace, which lets users trade their NFTs using data insights.

Avalanche Artists Make a Splash at Korea Blockchain Week

The start of the month marked Korea Blockchain Week, which featured a strong presence of artists from Avalanche’s NFT ecosystem. Works from artists on the Hug and zeroone were on display as part of Avalanche House | Seoul, as well as a separate gallery of new Avalanche Artists from Superchief.

More NFTs & Culture Highlights

• Paris Basketball, a club in France’s LNB Pro A Basketball League, will be utilizing Avalanche NFTs to power the Locker Room, a free digital collectible experience that rewards fans when the team wins.
• Art gallery Superchief unveiled its NFT marketplace, which leans on the expertise of its professional curatorial staff to bring to market collections of selected artists.
• Anticipated NFT project Dokyo made its debut this month as the first to utilize Hyperspace’s new Avalanche launchpad.
• Classes from the premiere semester of Avaissance concluded; meet some of the students who will soon be releasing their residency projects.

Infrastructure & Enablement

Hyperspace.xyz Brings Suite of NFT Tools to Avalanche

Multichain NFT marketplace and launchpad Hyperspace expanded its services to Avalanche, bringing with it NFT analytics, charting and more to come. The platform offers an interactive dashboard that allows users to track top projects in the NFT ecosystem by various volumes and prices. The platform also offers its own marketplace, which lets users trade their NFTs using data insights.

Avalanche Artists Make a Splash at Korea Blockchain Week

The start of the month marked Korea Blockchain Week, which featured a strong presence of artists from Avalanche’s NFT ecosystem. Works from artists on the Hug and zeroone were on display as part of Avalanche House | Seoul, as well as a separate gallery of new Avalanche Artists from Superchief.

More NFTs & Culture Highlights

• Paris Basketball, a club in France’s LNB Pro A Basketball League, will be utilizing Avalanche NFTs to power the Locker Room, a free digital collectible experience that rewards fans when the team wins.
• Art gallery Superchief unveiled its NFT marketplace, which leans on the expertise of its professional curatorial staff to bring to market collections of selected artists.
• Anticipated NFT project Dokyo made its debut this month as the first to utilize Hyperspace’s new Avalanche launchpad.
• Classes from the premiere semester of Avaissance concluded; meet some of the students who will soon be releasing their residency projects.

ICYMI: Avalanche Sessions

• Movement Labs co-hosted an X space with the Ava Labs DeFi team.
• Luigi Demeo and Patrick O’Grady went on Lightspeed to discuss the Avalanche endgame.
• Ava Labs President John Wu spoke on a panel about institutional adoption at Permissionless.
• Ava Labs Head of DeFi & DevRel Luigi Demeo spoke on a panel about the modular stack at Permissionless.
• Ava Labs CEO Emin Gün Sirer spoke about Building Blockchains on the main stage at Token2049 in Singapore.
• The Sept. 7th Avalanche Developer Community Call featured Avalanche-rs Rust tooling, HyperSDK block pruning, the Cortina 9 AvalancheGo upgrade, and more.
• Avalanche DevRel Engineer Meaghan Fitzgerald led a smart contract bootcamp on interoperability with Chainlink CCIP.
• Catch the latest episode Money Moves, which focused on the buy-side of tokenization with Kevin Miao, Pete Loukas and Collin Erickson.
• Avalanche House Seoul marked a highlight for all of Korea Blockchain Week.
• Aaron Buchwald spoke at NYU Blockchain Lab's first industry event.

This newsletter is for informational purposes only, and is not intended to provide, and should not be relied on for tax, legal, investment, financial or other advice. Any references to third party platforms or projects is not an endorsement by the Avalanche Foundation Limited, Ava Labs, Inc. or any of their respective affiliates or subsidiaries. The information contained in this newsletter is current as of the date hereof and is subject to change without notification. Please review this Important Notice.

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