Solana Ventures and Solana Foundation, the Switzerland-based entity that promotes the growth of the network, have jointly stumped up the funds. They will be used for investments and grants in a range of Korean crypto startups, but with a focus on those in gaming, non-fungible tokens (NFTs) and DeFi. “We have been working with Korean[Read more…]
Category Archives: Solana News
EPISODE SUMMARY Chewing glass is what Solana developers do. Introducing the fifth episode in a new series on the Solana Podcast, Chewing Glass. Chase Barker (Developer Relations Lead at Solana Labs) talks shop with the most interesting builders in the Solana ecosystem. It’s for devs, by devs. Today’s guest is Cronos, an on-chain task scheduler[Read more…]
The Genopets Beta and the upcoming KI launch are two significant milestones toward the Summer game release. The Genopets Beta Genopets is one of the most awaited games on Solana, a chain with many promising gaming projects for Web3. So at Web3Wire, we decided to try the beta and find out what’s up their sleeve.[Read more…]
Solana has introduced a new fee-priority model designed to help reduce the risk impact on the system and make the network more efficient. Solana’s Change in Gas Fees Solana co-founder Anatoly Yakovenko announced how Solana’s fee-priority method works in the upcoming Solana v1.10.25 network update. Unlike Ethereum, however, Yakovenko has stated this model will not[Read more…]
As Web3 games mature and VC funding increases, Solana positions itself as one of the blockchains with the most exciting gaming projects. Solana: GameFi’s Blockchain of Choice? Even though traditional games are still a mile ahead of their blockchain counterparts, VC funding, vibrant communities, and sheer dev talent could bring them closer in the coming[Read more…]
EPISODE SUMMARY Noah Prince (Co-Founder/ CEO, Strata Protocol) and Austin Adams (Lead Protocol Dev, Metaplex Studios) sit down with Austin Federa to discuss the integration of Strata’s Dynamic Pricing Mint tool into the Metaplex Program Library. 00:51 – What is Strata? 02:12 – Challenges when launching a token 04:43 – Why is Strata more successful[Read more…]
Solana’s infrastructure relating to nodes is subpar, according to DeFiSafety. The chain is controlled by just 25 validator groups. SOL price and network TVL has slumped over the past six months. promo Get Ready for MetaFight Read now! The Trust Project is an international consortium of news organizations building standards of transparency. Independent ratings organization[Read more…]
The new fund is intended to support the growth of NFT, gaming and DeFi projects on Solana and to help keep former Terra developers on their feet following Terra’s fall. Solana Ventures and the Solana Foundation have formed a $100-million fund to help support the growth of nonfungible token (NFT), blockchain gaming and decentralized finance[Read more…]
The Solana Foundation said on Wednesday that it has raised a $100 million fund to support crypto firms in South Korea. The fund is backed by the Solana treasury, as well as the blockchain’s venture capital arm, Solana Ventures, according to a report by TechCrunch. The move is intended to capitalize on South Korea’s growing[Read more…]
Solana plummeted substantially over the last 24 hours and was inching towards its crucial support line. The technical outlook of the coin continued to reflect bearishness. Few days ago though, the coin had attempted to bring the bulls back. At the current moment, SOL was back to trading near the August 2021 level. Buyers also[Read more…]