September 3, 2024

Flow Developer Diaries: August 2024

Here's a curated monthly summary of the latest developments and innovations from developers and dApps on Flow in August 2024

Read, listen or watch the full AMA/ research/ coverage here

August 2024 Flow Developer Diaries

Introducing the third edition of Flow Developer Diaries: your curated monthly summary of the latest developments and innovations from developers and dApps on Flow.

Here's a recap of what happened in August 2024…

FanCraze

Here's a look at the latest news, updates and market performance of FanCraze.

Important News and Announcements

August 2: The Virat Kohli Moment has been announced as the most viewed moment for July.
August 6: Merch Melt Pack Drop for Merch Melt Collectible Owners
August 8: The English Counties Collector Leaderboard is now live.
August 13: Exclusive Merch for Merch Melt Collectible Owners can now be claimed.
August 18: $5/Pack Collectibles Favorite Team
August 22: The 2024 Caribbean T20 League pack drop!
August 26: Website Update was announced from August 27 to September 1

Market Performance

Sales and Transactions:

Sales: August 2024 saw $27,826.00 in sales volume, down from $32,876.00 in July 2024, a decrease of approximately 15.4%.
Unique Sellers: There were 580 unique sellers in August, an increase from 571 in July.
Unique Buyers: Unique buyers also increased from 307 in July to 325 in August.
Total Transactions: Transactions fell from 3,737 in July to 3,471 in August.
Average Sale Price: The average sale price in August was $8.80, down from $8.80 in July.

Active Owners:

Active Owners: Active owners decreased from 807 in July to 775 in August.
Transfers: Transfers decreased from 39,047 in July to 31,322 in August.

Mints and Burns:

Mints: There were 23,060 new mints in August, down from 30,550 in July.

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Rankings and Growth

Fancraze is currently ranked number 1 on the Flowverse NFT statistics page with a total volume of $2.32M for the last 30 days!

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FanCraze remains the top-ranked collection on Flowverse, showing its strong presence and continued engagement despite the NFT market downturn.

Fixes

August 2024 brought notable changes for Fixes, including new phases and upgrades to the Crescendo tokenlist.

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Check out the most recent news, updates, and market trends for Fixes World.

Important News and Announcements

August 5: A new proposal for staking rewards has been initialized.
August 12: Social Walletless Integration has been announced.
August 12: The Telegram Mini App was announced as the next stage of development.
August 15: The Fixes Testnet Tokenlist has been upgraded for Crescendo
August 27: All Contracts Fixes World are staged on Mainnet!

Market Performance

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FIXES World TVL

July 31: $71.51K
August 31: $58.76k

The total value locked in the FIXES World decreased from $71.51K to $58.76k, indicating a decline of approximately 17.8%.

FIXES FRC20 TVL

July 31some text
- TVL: $54.04K
- USD Inflows: $0.3K
August 31some text
- TVL: $43.34K
- USD Inflows: $0.1K

The TVL for FIXES FRC20 decreased from $54.04K to $43.34K, representing a decrease of approximately 19.8%. USD inflows also dropped by approximately 66.7% from $0.3K to $0.1K.

FIXES Launchpad

July 31:some text
- TVL: $4.27K
August 31:some text
- TVL: $2.21K

The TVL for FIXES Launchpad declined significantly by 49.0% from $4.27K to $2.18K. However, USD inflows saw an increase to $2.7K.

Despite the decline in TVL across various segments in August 2024, Fixes remains focused on growth with new feature launches. The introduction of new features like the Social Walletless Integration, the Telegram Mini App, and the Crescendo tokenlist upgrade show the platform's commitment to enhancing user experience and staying ahead in the Flow memecoin space.

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MORE Markets

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August 2024 has been an important month for More Markets as they get ready for their highly anticipated Testnet launch.

With key developments such as multiple wallet integrations, cross-chain communication with Axelar, and strategic collaborations with Pyth Network, More Markets is setting the stage for an exciting launch!

Here's everything you need to know about More Markets' journey towards their Testnet launch.

Important News and Announcements

August 5: More Markets announced multiple wallet integrations, including Coinbase wallet.
August 6: More Markets v1.1 documentation is now available.
August 7: More Markets announced cross-chain communication with Axelar.
August 9: More Markets collaborated with Pyth Network.
August 12: 200 Flow Giveaway was announced.
August 13: More Markets Testnet Launch was announced.
August 16: OG Immortal Role can now be claimed at their Discord
August 19: Winners of More Markets giveaway were announced.
August 19: More Markets meme competition was announced to celebrate the Testnet launch.
August 21: More Markets Announced a Surprise Drop Doubling Prizes to 100 FLOW each
August 27: Meme Competition Winner Announced
August 28: More Markets announced that testnet will go live in September

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What to Expect from More Markets

1. Capital Efficiency

Standard and Premium Borrowing: Borrow at standard Loan-to-Value (LTV) ratios or become a premium borrower to access up to 200% LTV.

2. Security

Trusted Protection: High level of security expected from Morpho Blue, ensuring assets remains safe.

3. Permissionless Market Creation

Flexibility & Control: Permissionless markets for any asset, with fully customizable parameters to manage risk for both lenders and borrowers.

4. More Opportunities for Growth

Higher Yield, Lower Costs: Access deep liquidity for greater returns and reduced costs.

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MORE Vaults

With MORE Vaults users can expand earning potential , offering enhanced opportunities for yield generation.

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Automated Risk Management

Optimized Strategies: Algorithmic strategies deployed by risk experts, designed to continuously rebalance vaults and optimize risk exposure.

Supercharged Yield

Higher Returns: Earn sustainably high yields from borrowers accessing premium loans at higher LTVs, with corresponding higher borrow APYs.

Protection & Coverage

Comprehensive Safety: MORE ensures your protection through asset recovery, debt tokens, and insurance on premium loans, giving you peace of mind.

Ready to experience More Markets? Join the Beta here

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TopShot Beta ($BETA coin)

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August 2024 has been a month of significant developments, burning and giveaways for BETA.

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Here’s a summary of the key events and statistics for the month.

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Important News and Announcements

August 5: 914,100 $BETA BALL burned.
August 6: Bounty Poker was hosted.
August 12: 3,773,155 $BETA BALL burned.
August 17: $200 Fanatics Gift Card Giveaway.
August 19: 4,174,625 $BETA BALL burned.
August 26: 4,650,625 $BETA BALL burned.

Market Performance

Price: $0.000020
24H Volume: $1,600
Market Cap: $199,577.00
Treasury Value: $91,840.00

Total Funding: $3,138.00
NFTs: 169 NFTs are currently associated with the Top Shot $BETA DAO.
Proposals: 44 proposals have been submitted within the DAO.
Participants: 738 active participants.

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Project Performance of BETA (August 2024)

Total Funding: $3,138.04
Unique Holders: 686
Unique Funders: 78
Average Holding: 3,200,101
Average Funding per Funder: $40.23

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In August, the Top Shot $BETA coin achieved significant milestones, including notable burn events and community engagement activities.

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The DAO also saw consistent activity, reflected in its treasury value and proposal submissions.

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aiSports

Important News and Announcements

August 19: aiSports was highlighted as a Case Study in Flowverse and is prepared for the Crescendo upgrade on Flow, and are cooking a few things up this offseason

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Source Links:
FanCraze
https://x.com/0xFanCraze
https://discord.com/invite/MnnwpHhaym
https://nft.flowverse.co/stats
https://www.cryptoslam.io/cricketmoments

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Fixes

https://x.com/fixesWorld
https://t.me/fixes_world
https://defillama.com/protocol/fixes-frc20#information
https://flipsidecrypto.xyz/adriaparcerisas/fixes-inscriptions-dashboard-fixes-inscriptions-dashboard-sByiFn?tabIndex=4

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More Markets
https://x.com/More_Protocol

https://discord.com/invite/4vVXgCGqrQ
https://www.more.markets

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TopShot Beta

https://rankings.flowverse.co

https://x.com/TopShotBETA