PlugChain April Monthly Report (04/01-04/30)

 

Dear PlugChain Community:

 


The April monthly report of PlugChain is released today. Let’s see some progress of PlugChain in April!

 

1. Operation

 

1. On April 3rd, PC officially opened PC/USDT trading in the MExCGlobal Innovation Zone at 18:00 (UTC+8) on the same day. The opening price was 0.002 USDT, and the highest transaction after the opening was 0.004916 USDT, with a maximum increase of 145%.

 

2. On April 3rd, the PlugChain Chinese area launched the "Buy PC, Get Airdrop" activity. PCs equivalent to 3,000 USDT will be rewarded to 20 people based on the "Tickets" obtained by users. Activity time: April 3rd - April 20th.

 

3. On April 7th, PlugChain and MetaSystem held an airdrop of "follow Twitter, join the community, and do tasks", sending 500 $HKT + 50,000 $PC to all network users.

 

4. On April 24th, PlugChain officially held the "Happy Labor Day" event, completing tasks and giving away PCs worth $150 to 20 people.

 

5. On April 25th, PlugLabs, a subsidiary of PlugChain, reached a strategic partnership with Web3 Protocol. Web3 Protocol is a Web3 organization that will support the initiation and development of Web3 projects through giveaways and airdrops. The two parties will cooperate deeply in Web3 marketing and user growth solutions to create better Web3 experience and services.

 

6. On April 27th, PlugChain and Taskon held a community AMA event, drawing 5 people who interacted on Twitter to reward a PC worth $50.

 

2. Technology

 

Very5

1. Increase PLUG exchange

2. Increase social media

3. Increase WPLUG exchange function

4. Increase Social Media Presence

 

Public Chain

1. IBC patch

2. Analyze the code package

3. API interface

4. Node monitoring

 

3. Community

 

1. On April 7th, PlugChain Builder-Graysen was invited to participate in the "Arbitrum Airdrops: How to Capture the Next Round of L2 New Opportunities" AMA held by Gate.

 

2. On April 12th, PlugChain congratulated the Hong Kong Web 3.0 Association for its establishment. At the same time, PlugChain applied to join the Hong Kong Web 3.0 Association to contribute to the digital construction of Hong Kong Web 3.0. In addition, the official Heixong will be launched in Hong Kong, and the Chinese University of Hong Kong, the University of Hong Kong, and the Hong Kong University of Science and Technology will invite college students to participate in the construction of Web 3.0 to help the development of blockchain.

 

3. On April 13th, PlugChain Builder-Graysen shared "When Oracle Meets AI, Unleash the Infinite Value of Data" at the Tencent conference.

 

4. On April 17th, PlugChain was officially invited to participate in the Twitter Space hosted by Gate.io to discuss topics related to Arbitum.

 

5. On April 27th, PlugChain was invited to be a guest at the Discord AMA held by Takson to share on the theme of PlugChain.

 

PlugChain’s official Twitter has 87.1K tweets, 197K homepage visits, 5396 retweets, covering 265k users.

 


Conclusion: Whether it is the current community dynamics or market enthusiasm, PlugChain has entered a stage of stable development. On the one hand, it is due to the fact that the public chain requires the accumulation of technology and the precipitation of time, and on the other hand, PlugChain has entered a new stage in ecological construction. Compared with MEME, which was popular in late April, the short-term value rise and fall can indeed attract many people. It should be noted that the higher the return, the greater the risk. For the public chain, long-term value is the key.

Comments

Post a Comment

Popular posts from this blog

PlugChain Official Strategic Support, Hong Kong Crypto Financial Summer Forum Successfully Concludes

Image
On August 25th, the Hong Kong University of Economics and Business Management, Finance Connect Society, Meta Era, and 3W Group jointly organized the ‘Hong Kong Crypto Financial Summer Forum’ at The Grand Hall of the University of Hong Kong. This event witnessed a series of intensive agendas and in-depth industry discussions, concluding with a warm and successful atmosphere. As the official strategic supporter of this event, PlugChain is pleased to announce its active participation throughout the forum. We joined hands with partners from various sectors to explore the future direction of the industry, aiming to promote innovation and development in the blockchain and crypto financial sectors. PlugChain, as a public chain focused on the Web3.0 arena, recognizes the potential and challenges in the crypto financial field and is committed to contributing its insights and strengths for the sustainable development of the public chain sector. During this summer forum, industry leaders, entrepr...
Read more

Introducing the “PYUSD,” Unveiling PayPal’s Journey into Cryptocurrency

Image
  On the evening of August 7th, the California-based payment company PayPal announced that it will launch a stablecoin named PayPal USD (PYUSD), making PayPal the first tech giant to issue a stablecoin. This news instantly ignited the entire cryptocurrency industry, as PayPal, with its user base of 430 million, introducing a stablecoin undoubtedly will greatly advance the integration of Web3 with traditional finance and the real world. Reportedly, the stablecoin PayPal USD (PYUSD) will be issued by Paxos, a company that has previously collaborated with Binance to launch the USD-backed BUSD. In PayPal’s announcement, the official statement reads: “PayPal USD aims to reduce friction in payments in the virtual realm due to lack of experience, facilitate swift value transfer to support friends and family, remittances, or international payments, enabling direct flow to developers and creators, and promoting the continuous expansion of digital assets by the world’s largest brand. While m...
Read more

Industry Interpretation | Crisis and Opportunities of Multi-Chain Ecology

Image
The public chain, as the infrastructure in the encrypted digital world, has always been an existence that cannot be ignored. After Ethereum ignited the DeFi Summer torch in 2020, Ethereum naturally became the leader of the public chain track. However, the rapid growth of Ethereum TVL and new users has also led to an increase in the gas fee for contract interaction, which discourages new users with less capital. At the same time, the limited "transaction speed per second" and "block generation speed" of Ethereum also limited the efficiency of interaction, and was once criticized by the insiders as "aristocratic chain". Obviously, a single public chain cannot meet the new needs of the complex encryption ecology, and multi-chain coexistence and coordinated development will be the trend of future industry development. Danger: Cross-chain death, hacker ATM As we all know, for ordinary users, using the cross-chain bridge, assets can interact freely, which improv...
Read more