SKALE Ecosystem Recap - September 2024
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September marked another period of remarkable achievements and strategic collaborations for the SKALE ecosystem. The network surpassed an impressive 700 million total transactions, and it also witnessed a tenfold increase in daily active addresses over the past year. Additionally the SKALE gaming ecosystem continues to expand with the addition of Moxy, an esports platform founded by Nolan Bushnell, the visionary behind Atari.
Read on to explore the latest and greatest from September on SKALE!
🔍 Quick Highlights
- 10x Daily Active Address Increase - According to Blockwork’s recent report on SKALE, daily active addresses have surged nearly 10x over the past year, with daily transactions increasing over 5x in the same period.
- SKALE Partners with Moxy - SKALE teams up with Moxy, a video game esports platform founded by the gaming legend Nolan Bushnell.
- $20,000 In Bounties for ETHSF Hackathon - SKALE is putting up $20,000 in bounties for best SKALE integration and best use of zero gas fees at the ETHGlobal San Francisco hackathon.
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🏅 September Milestones
700 Million Total Transactions
SKALE has achieved a new milestone by surpassing 700 million transactions! This reflects the network's growth and its ability to handle a growing number of developers, users, and applications interacting seamlessly within the SKALE ecosystem.
10x YoY Increase in Daily Active Addresses
Over the past year, SKALE has experienced a tenfold increase in daily active addresses, coupled with a 5x growth in daily transactions! During the last 12 months SKALE's gas-free, high-performance infrastructure has improved to provide developers with a scalable blockchain platform without compromising speed or cost.
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🌊 SKALE Partners with Moxy
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In a landmark collaboration coinciding with the 50th anniversary of Atari, SKALE is thrilled to announce its partnership with Moxy, a video game esports dapp founded by the gaming icon Nolan Bushnell. Known as the father of modern gaming, Bushnell's creation of Atari and the classic game "Pong" laid the foundation for the gaming industry as we know it.
Moxy will migrate its Moxy Token (WMOXY) from Ethereum to the SKALE Protocol, harnessing SKALE's advanced gasless blockchain infrastructure. This move is projected to save Moxy approximately $3.5 million annually, funds that were previously consumed by gas fees. By eliminating these costs, Moxy can reinvest in enhancing its platform and user experience, driving forward the next generation of blockchain-based gaming.
Discover more about Moxy and explore their platform by visiting moxy.io.
📚 Research Spotlight
Blockworks Research: "SKALE :The Chain Subscription Model"
Blockworks said it themselves, SKALE is the pioneer of the chain subscription model! Thanks to this model, users enjoy zero gas fee transactions, and developers can make reliable economic forecasts. Learn all about SKALE's gas-free blockchain in the full Blockworks report: https://bit.ly/4e7Opst
The report delves deeper into this significant growth, providing full context on how it impacts the SKALE economic model. It explores SKALE's innovative chain subscription model, the gas-free experience that attracts users and developers, and the implications for long-term sustainability and scalability.
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DappRadar Games Report
SKALE's Nebula Chain has become the third-largest gaming blockchain by Unique Active Wallets! SKALE has shown remarkable growth in the gaming sector through popular games like motoDEX and World of Dypians, both of which are listed among the top 10 Web3 games. The report offers a comprehensive overview of the blockchain gaming ecosystem, discussing its latest achievements, challenges, and future directions, examining how SKALE is contributing to the industry's expansion. Check out the DappRadar Games Report.
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🚀 September Partner News
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The SKALE ecosystem continues to flourish, welcoming nine new partners in September, including:
Crossmint - Crossmint, the world's leading blockchain enterprise platform, has joined forces with SKALE. This partnership allows enterprises to leverage Crossmint's comprehensive suite of tools, combined with SKALE’s zero gas fees, accelerating the development of user-friendly decentralized applications.
CoinChance - CoinChance is the leading aggregation platform for presales, DeFi yield pools, and NFTs, simplifying Web3 navigation for users. By partnering with SKALE, CoinChance leverages the network's unparalleled scalability and zero-gas fee structure to deliver a seamless user experience to over 700,000 total users.
Manetho - Manetho is a Web3 platform revolutionizing the audio content landscape by offering a decentralized ecosystem for creators to produce, share, and monetize audio content. SKALE's scalability and zero gas fees allow Manetho to handle growing content and user interactions effortlessly, enabling real-time engagement and immediate rewards without transaction costs.
🔊 SKALE Events
Permissionless III
Join SKALE at Permissionless III, where visionaries, builders, and pioneers converge to shape Web3 without boundaries. Don't miss SKALE Labs CEO/Co-Founder Jack O'Holleran giving a keynote speech on The Consumerization of Crypto: Building for Mass Adoption. Use code "SKALE 15" for 15% off your ticket!
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ETHGlobal San Francisco
SKALE is proud to encourage innovation in the Ethereum ecosystem by providing $20,000 in bounties for the upcoming ETHSF Hackathon! Bounties will be awarded to the teams that best integrate SKALE and take advantage of the network’s zero gas fees.
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🎤 Andrew Saunders on Andrew Asks
What's better than one Andrew? Two Andrews! SKALE Labs Chief Marketing & Growth Officer, Andrew Saunders, was featured on Andrew Forte’s podcast, Andrew Asks, where they spoke about SKALE’s positioning, keys to marketing in Web3, and much more.
💻 Learning Corner
- How SKALE Calculates Gas Fee Savings
- Empire Podcast - Gasless Crypto, Finding Narrative Market Fit, and Surviving Hype Cycles with Jack O'Holleran, Co-Founder & CEO at SKALE Labs
With significant increases in user activity and groundbreaking partnerships l, SKALE is paving the way for a more scalable, user-friendly blockchain ecosystem. We're excited about the journey ahead, make sure to join us as we continue to push the boundaries of what's possible in blockchain technology!
About SKALE
SKALE is the world's fastest blockchain, designed for fast, secure, user-centric Ethereum scaling. SKALE chains offer zero gas fees to end-users and have advanced features such as AI/ML smart contracts, on-chain file storage, interchain messaging, zero-cost minting, and enhanced security features.
The SKALE Network enables developers to deploy their own EVM blockchain in minutes without sacrificing speed, security, or decentralization. Welcome to the SKALEverse.