The People's Alliance hosts $ALLY Inscription Campaign on Linea, creating largest Inscription community ever
The People's Alliance hosts $ALLY Inscription Campaign on Linea, creating largest Inscription community ever
The People's Alliance recently hosted the $ALLY Inscription Campaign on Linea, resulting in millions of interactions and making it the largest Inscription community ever. Inscriptions are information written on-chain, and they allow for the creation of special 'token' standards. The campaign had 120k unique users and distributed $ALLY fairly. Particle is now building the first Linea Inscription marketplace. Linea's use of Particle's smart wallets has positioned it as a top chain in the AA ecosystem. The campaign resulted in $3M worth of gas fees without significant spikes. The future looks bright for Inscriptions on Linea.
Last weekend, The People's Alliance, a collective of 50+ protocols across Web3, hosted the $ALLY Inscription Campaign, resulting in millions of interactions on Linea. ALLY has since become the largest Inscription community ever 🧵👇
We are thrilled to support The People's Alliance and their inscription event, hosted #OnLinea✨ We know that you have some concerns about participating, and we've met with the Particle Team to address these on behalf of users. ⤵️🧵
For the first time ever, 50+ protocols across Web3, with a joint valuation of $10B+, are coming together to reward your loyalty. Introducing The People's Alliance. The People’s Alliance is launching the first and largest community-exclusive Inscription system on any blockchain.
Blockchain is about building fair communities, so let’s do it properly! We’re issuing 150LXP to holders of People’s Alliance Inscription!🤝✨ Criteria: - Successfully mint 100 Inscription Cards ally.build/?inviteCode=QQ… - Make sure your Particle Wallet is binded to a Wallet
WE'RE LIVE! The People's Alliance's Inscription ($ALLY) can now be minted on @lineabuild. From now, and until all 21 Billion $ALLY are minted, you can participate in the first-ever community-exclusive Inscription system. Details 🧵, or get started at ally.build!
Sumsub ID Launches on Linea with Free Transaction Offer
Sumsub ID has launched on Linea's Verax, introducing a privacy-focused identity solution for crypto users. The platform is offering: - 20 free transactions for users completing a liveness check - Automatic reimbursements (no claims needed) - Promotion runs until August 30th or 1 ETH budget depletion **Privacy Features:** - No biometric data storage by ConsenSys - Facial scans converted to cryptographic keys - Only identity attestations published on-chain The system aims to prevent duplicates while maintaining user privacy. This follows Sumsub's recent partnership with Walbi to enhance KYC processes across the crypto ecosystem. [Learn more about the offer](https://linea.build/hub/events/explore-linea-gas-free-with-sumsub-id)
QuackAI Launches on Linea with 1000 USDT Rewards Program
Key updates from the Linea ecosystem this week: - EthCC conference in Cannes concluded with insights shared by Francesco and Alex Belling - **QuackAI Launch**: The new AI governance layer for Web3 goes live on Linea, offering: - 1000 USDT in rewards - 4,000 Quack AI Passports available - LynexFi shared positive mid-year performance metrics *Previous week highlights included Chainstack partnership and Nansen Points Season 01 activation with $10k rewards.*
EthCC Conference Highlights Institutional Growth and Linea's L2 Position
At the EthCC conference finale, key developments in the Ethereum ecosystem were discussed, particularly focusing on institutional adoption and Layer 2 scaling solutions. - Linea showcased its progress as a ZK rollup solution - Institutional growth within Ethereum ecosystem highlighted - Recent milestone: Linea achieved 100% proven status The discussions followed a successful Ethereum Research Week that explored ZK technology, scaling solutions, and native rollups.
Linea Hub Expands Features with Bridge Integration
Linea Hub continues its ecosystem expansion with the integration of bridge functionality, adding to its existing suite of apps and token features. The platform, which serves as a central navigation point for the Linea ecosystem, now offers: - Streamlined bridge operations - Comprehensive app directory - Token management tools - Single-destination access Visit [Linea Hub](https://linea.build/apps) to explore the expanded features.
Denaria Finance Launches Public Testnet on Linea
Key updates from Linea's ecosystem this week: - **AbacusFi** introduces abcLYNX: Users can convert veLYNX to abcLYNX via LynexFi for autocompounding benefits - **Denaria Finance**, a new perpetual DEX, launched public testnet with testnetUSD trading and points system - **eforgs_on_linea** NFT community marked their 1-year milestone - **Franklin Payroll** goes live with multi-currency payment options for project contributors, supporting both fiat and crypto These developments showcase Linea's growing DeFi and NFT ecosystem while expanding payment infrastructure.