Tuesday, March 12, 2019

IOST Stablecoin, Dappreview partnership, wallets and more: March 12th IOST Update!

IOST Update: March 12th 2019

Hi ,

So much has happened since mainnet launch with several announcements, new partnerships and developments. IOST stablecoin, DappReview partnership, token burn and more. Mainnet token swap is underway and the first few dapps have launched. Read on for your full IOST update! 

IOST Ties Down Strategic Partnership with DappReview

The various Dapps built on IOST mainnet, Olympus v1.0 will be added to DappReview next week! DappReview will also launch an IOST Dapps ranking list. Users can access the IOST section on the DappReview website to play and interact with with IOST Dapps.

In addition, DappReview also plans to create in-depth reports on the development of DApps built on Olympus v1.0, and also support the analysis of IOST Dapp data.


Read the full announcement here.

Cross Chain Stablecoin — IOST iUSD Launching Next Week!

IOST iUSD is a cross-chain stablecoin issued on the IOST blockchain. Blockchain applications built on the IOST ecosystem can use stablecoins to execute payment transfers with low exchange rate fluctuations. The iUSD, is pegged to PAX, GUSD, TrueUSD, CircleUSD and DAI and will be officially released next week.

The iUSD stablecoin is launched by Rate3 Network, and can help to seamlessly transfer digital assets between the IOST network and other blockchians. Non-IOST digital assets (such as PAX, GUSD) can be stored on the IOST blockchain. Conversely, assets on the IOST blockchain can also be transferred onto other blockchains.

Read the full announcement here.

Second Round of Token Burn Successfully Completed | Over 5 Billon IOST (ERC-20) Destroyed
The first batch of 2,170,000,000 IOST ERC-20 Token was successfully burnt on March 7th and on 8th March the second round of token burn was completed, with 5,135,325,031.2373 IOST (ERC-20) successfully burnt.

Total amount of Token burnt to date: 7,305,325,031 IOST (ERC-20).
IOST x Wallet Partnerships Series | IOST Ecosystem Navigation

On Feb. 25th, 2019, IOST Mainnet Olympus v1.0, was officially launched. IOST has partnered with multiple mainstream mobile wallets in the crypto world to provide our users convenient and secure digital asset management services as well as content-friendly and powerful DApp experiences.

IOST introduces our first series of wallet partners in this article, and these wallets will be released on IOST early next week.

Read the full article here.
Mainnet Update: Olympus v1.0 Showing Smooth Performance, Supported by Nodes Across Multiple Continents

Since the official launch of IOST Mainnet, Olympus v1.0, on February 25th, the IOST network has been running smoothly, supported by close to 200 Node Partner candidates across the world. Block height has reached 3050226 as of March 1st, 2019, 17:20.

Read the full update here.
IOST Developer Bounty Program Update
Following the launch of IOST Mainnet, Olympus v1.0, the IOST ecosystem is growing swiftly and we are looking for more developers to join our community. Our Developer community on Slack (https://invite.iost.io) is IOST's core developer community, and we are glad to announce an all-round upgrade of our Developer Bounty Program and the release of IOST Invitation Mechanism.

Full update here.
Tech Update
With the successful launch of IOST Mainnet - Olympus v1.0, the IOST development team has completed all major milestones for the technical roadmap including Consensus, Virtual Machine, Explorer, Interface together with Documentation.

Testing and debugging have been carried out on all the modules, and we are super excited that Olympus is now ready for our community to use and access, six months ahead of schedule.

Checkout our update for a full summary of the week's development progress.
Thanks for reading our update. Don't forget, the IOST Mainnet is now live and token swap is underway! Make sure to follow the official IOST Twitter and Medium to make sure you receive all updates as they happen, see you there!

Sincerely,
The IOST Team
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