Take a look at the most noteworthy industry events and important project developments in the coming week.
- The "FORESIGHT 2024" annual summit continues.
- Trump and Musk are about to have a major interview.
- The AI operating layer gm.ai will launch the token GM on Solana on August 14.
- FTX customers have until August 17 to opt into the liquidation process.
- Approximately $65 million of APT will be unlocked on August 12.
This week (August 12-18, 2024), Web3 events are not to be missed. Here is a preview of what’s to come:
Foresight News calendar updated in real time
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Important Events
Former US President Trump said that he will have an important interview with Tesla CEO Musk on Monday evening, August 12 (local time).
Bybit has stopped providing services in France. Bybit will liquidate the remaining open positions after 16:00 on August 13, after which only asset and fund withdrawals will be allowed.
Grayscale has appointed Peter Mintzberg, former head of global strategy for Goldman Sachs’ asset and wealth management, as chief executive officer. The appointment will take effect on August 15, when Mintzberg will also join Grayscale’s board of directors.
OKX will stop most of its services in the Nigerian market on August 16.
FTX liquidator PwC said that FTX.com customers need to choose whether to participate in the official liquidation proceedings in the Bahamas (Bahamian process) or the Chapter 11 case in the United States (U.S. process), and must make their choice before 4:00 on August 17.
Indonesian crypto exchage toregister with the national crypto asset exchange, Commodity Future Exchange (CFX), by August 17, 2024, otherwise they will not be able to conduct business in Indonesia.
Project Progress
The Layer1 privacy-enhanced blockchain Aleph Zero is scheduled to be launched on the EVM mainnet on August 12.
Immutable will shut down IMX Marketplace on August 13, and IMX Marketplace will cease operations on September 27.
Ethereum liquidity re-staking platform Kelp DAO will release the Gain feature on August 13, which will bring multiple airdrops and reward boosts to users by centralizing multiple L2s in one place.
The AI operating layer gm.ai will launch the token GM on Solana on August 14.
Scroll will deploy the Darwin proof recursive upgrade on the Scroll Sepolia testnet on August 14. This upgrade will reduce gas fees by approximately 34% and will be launched on the mainnet on August 21.
AO ecological project Apus Network will release Playground on August 15th.
Optimism's fifth round of retroactive public goods fundraising will open for application on August 15 and close on August 29. 8 million OP will be used to reward OP Stack contributors from October 2023 to August 2024. The review process for this round of applications will be conducted from August 30 to September 13, voting will be conducted from September 14 to September 28, and the results will be announced and the grant will be delivered on October 3.
Coinbase International will launch Degen, EOS and SATS perpetual futures contracts at 17:30 on August 15.
Upcoming Events
Day 2 of the " FORESIGHT 2024 " annual summit continued on August 12 at the Hong Kong Ocean Park Marriott Hotel. This summit was co-organized by Foresight Ventures, Foresight News and The Block. It aims to provide a stage for communication and exchange of ideas for global Web builders, and to build a bridge connecting the East and the West and bridging regional differences.
MakerDAO is hosting the Spark Tokenization Grand Prix, with applications open on August 12.
Istanbul Blockchain Week IBW 2024 will be held on August 13-14 at the Istanbul Bomonti Hilton Hotel & Convention Center.
The ETHShenzhen 2024 Summit and Hackathon will be held in Shenzhen from August 16th to 18th.
The OnChain Summit hosted by Coinbase will be held from August 16th to 18th.
Token Unlock
According to Token Unlocks data, APT, SAND, ARB, STRK and other tokens are expected to unlock large amounts next week.
Aptos (APT) will unlock approximately 11.31 million tokens at 8:00 on August 12, worth approximately $65 million, accounting for 2.40% of the circulation;
The Sandbox (SAND) will unlock approximately 205.6 million tokens at 16:00 on August 14, worth approximately US$54.5 million, accounting for 9% of the circulation;
Arbitrum (ARB) will unlock approximately 92.65 million tokens at 21:00 on August 16, worth approximately US$53.4 million, accounting for 2.77% of the circulation;
Starknet (STRK) will unlock approximately 64 million tokens at 8:00 on August 15, worth approximately $24.5 million, accounting for 3.95% of the circulation;
ApeCoin (APE) will unlock approximately 15.6 million tokens at 8:00 on August 17, worth approximately US$9.6 million, accounting for 2.31% of the circulation;
CYBER (CYBER) will unlock about 1.99 million tokens at 20:00 on August 14, worth about 6 million US dollars, accounting for 8.54% of the circulation;
Ethena (ENA) will unlock approximately 14.89 million tokens at 15:00 on August 18, worth approximately US$4.6 million, accounting for 0.82% of the circulation;
Render (RENDER) will unlock approximately 760,000 tokens at 8:00 on August 15, worth approximately US$3.7 million, accounting for 0.19% of the circulation.
Voting Governance
The on-chain voting period for Lido's "Establishment of a Public Delegation Representative Platform and Delegation Representative Incentive Program" is from August 13 to August 16.
The Arbitrum community's "Enable ARB staking and adjust governance" proposal voting will end on August 16. The proposal proposes to unlock ARB utility by enabling ARB staking, but will not enable the distribution of fees to token holders for the time being. The proposal will also implement a liquidity staking ARB token (stARB) through the Tally protocol, which can automatically compound future rewards, can be (re)staked, and is compatible with DeFi.
NFT related
Adidas and Doodles have collaborated to launch a limited edition NFT collection pack, which will be available for purchase until August 16, with two items in each pack. The Adidas Originals x Doodles online store shows that the retail price of a single pack is $4.99, while the price of 2 to 100 packs ranges from $8.49 to $374.99.
