Happy Weekend! 🙌 Here is our 72nd weekly project progress report on our community building and technology development! Meanwhile, you can also follow our Twitter account for more updates from Celer Network.
1. Celer cEconomy Alpha Testnet Campaign Winners
Thank you to all for participating in Celer’s exclusive cryptoeconomic Liquidity Backing Alpha Testnet (a.k.a cEconomy)! Congrats to the top winners! Don’t forget to check your registered email to claim your reward!
2. Celer Continue to Push Blockchain Mass Adoption
The blockchain developer ecosystem is not easy to build. We have always envisioned that the blockchain developer ecosystem should flourish as much as, if not much more than, traditional application ecosystems like Apple’s and Google’s.
However, except for a few ecosystems like Ethereum, many layer-1 blockchains attempt to build developer ecosystems through heavy investments to expand their ecosystem, but are failing to generate high retention and self-sustaining model.
We believe the reason is quite simple: after the initial stage of subsidization and bootstrapping, high-cost developers and companies on most blockchain ecosystems cannot sustainably generate revenue and therefore have to move to the next round of funding through other blockchains.
We believe the only way to create a highly sustainable blockchain ecosystem is to distill this unfamiliar and somewhat hard-to-use technology to an easy-to-integrate monetization tool for developers to use. We need to provide business models for our ecosystem developers to achieve sustainable revenue stream; and as a result, retain and grow the entire developer ecosystem in a truly sustainable way.
In 2019, we presented our first solution to this developer adoption challenge: CelerX Gaming SDK. By integrating with literally two lines of code, developers can immediately start to monetize their gaming content. We have seen great early success so far.
3. CelerX Tournaments are Live
CelerX tournaments feature is live now. Download CelerX at go.onelink.me/N9wI/1stT to play and earn!
- Submitted iOS gamified app for QA
- Finished new prize bucket list for Android
- Finished new API design for crypto games and tournament features
- Completed design and continue implementing new CelerX reward features
- Begin development of enhanced inter-OSP routing
- SGN reliability improvements
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Thank you for reading our 72nd weekly report! Please join our telegram group to stay in touch and ask us questions!! We will see you next week! 🙌