Avalanche

Off the Grid, a blockchain game, has chosen to build on Avalanche for three key reasons: 1. **Cost**: - Created own token $GUN as in-game currency and gas token - Controls transaction costs and can adjust fees 2. **Speed**: - Utilizes Avalanche's fast consensus mechanism - Dedicated L1 ensures no competition for block space 3. **Control**: - As a console blockchain game, needs control over in-game economy - Own L1 provides more options for blockchain management These factors led Off the Grid to create its own Avalanche L1, ensuring optimal performance and user experience.

WooX and OpenTrade have announced the transition of their USDC Real World Asset (RWA) Vaults to the Avalanche blockchain. This move follows their partnership established earlier in 2024 to build RWA Earn Vaults. Key points: - USDC RWA Vaults now on Avalanche - Collaboration between WooX and OpenTrade - Builds on previous RWA Earn Vaults partnership This transition aims to leverage Avalanche's capabilities for enhanced efficiency and scalability in managing real-world assets within the crypto ecosystem. For more information on how this transition works and its implications, users are encouraged to check the detailed announcement from WooX and OpenTrade.

Avalanche Summit EMEA is set to return to London from May 20-22, 2025. The event will be held at the historic Hatfield House, blending the past with the future of blockchain technology. Key points: - New venue: Famous Hatfield House - Dates: May 20-22, 2025 - Location: London, UK Organizers promise the same great vibes as previous summits, emphasizing the iconic new location. This announcement follows the success of recent Avalanche events, including the Innovation House in Buenos Aires. For more information and updates, visit: https://www.avalanchesummitemea.com/

Day 2 of Avalanche Summit LATAM showcased Avalanche's role in driving blockchain innovation: - Privacy-first social networks explored - Diverse assets being tokenized on-chain - Emphasis on blockchain's potential to disrupt value exchange Key takeaways: 1. Avalanche is enabling groundbreaking innovations 2. Blockchain technology is reshaping interactions and value exchange 3. Building on Avalanche offers endless possibilities The summit continues to highlight how Avalanche is at the forefront of blockchain development and adoption in Latin America.

Day 2 of Avalanche Summit LATAM in Buenos Aires is underway, featuring expert insights on tokenization and Real World Assets (RWAs). Highlights: - @MorganKrupetsky sharing expertise on tokenization and RWAs - Event continues to explore blockchain applications in Latin America This follows a previous RWA panel discussion on the benefits and challenges of tokenizing real-world assets. **Stay tuned** for more updates from this significant blockchain event in Argentina.

Faraway is developing FCHAIN, a custom Avalanche L1 to support a growing gaming ecosystem. Key points: - FCHAIN will host original games and titles from independent publishers - Faraway's library includes Shatterline, Villains: Robot Battle Royale, and more - Built-in interoperability and shared services aim to simplify blockchain game development - Powered by Avalanche technology - Community wishlist giveaway offers advantaged items at game launch Faraway's initiative aligns with Avalanche's broader push for custom L1 development, including the recent Retro9000 grant program offering up to $40M for builders launching Avalanche L1s.

**Dexalot**, a decentralized exchange on Avalanche, has experienced a significant surge in trading activity, surpassing $270 million in 24-hour volume. This milestone highlights the growing adoption of decentralized finance (DeFi) platforms on the Avalanche network. Other notable developments: - @withAUSD reached $100 million in weekly volume - Off the Grid game gaining rapid traction - Avalanche9000 event approaching - Avalanche Summit LATAM scheduled within 24 hours These events collectively signal a busy and potentially transformative week for the Avalanche ecosystem, showcasing growth across various sectors including DeFi, gaming, and community engagement.

Avalanche Summit LATAM is providing free admission to blockchain developers in Latin America, recognizing the region's significant role in crypto adoption. Key points: - Latin America, especially Argentina, is a hub for blockchain development - $85B in crypto transactions occurred in Argentina last year - Free admission aims to support and encourage local developers This initiative underscores the importance of Latin America in the global blockchain ecosystem and Avalanche's commitment to fostering growth in the region. For more details on the summit and its impact, visit the Avalanche blog.

This November, Avalanche Hack House is set to take place in Bangkok, offering a break from Devcon for blockchain enthusiasts. The event promises: - Networking opportunities with Avalanche builders - Bounty prizes for hackers - Learning sessions about Avalanche9000 - A Happy Hour for casual interactions Interested participants can reserve their spot through the provided link. This gathering aims to foster community connections and knowledge sharing within the Avalanche ecosystem. **Key Details:** - Date: November 2024 - Location: Bangkok, Thailand - Registration: https://lu.ma/AvalancheHackHouseBangkok Don't miss this chance to engage with fellow Avalanche enthusiasts and potentially win prizes while expanding your blockchain knowledge.

3thix is set to launch an Avalanche Layer 1 blockchain, aiming to develop a decentralized ad-tech layer for the internet's gaming economy. This innovative platform will: - Leverage distributed blockchain technologies - Incentivize high-value marketing relationships with gaming player bases This move aligns with Avalanche's recent Retro9000 grant program, offering up to $40M in retroactive grants for developers creating purpose-built L1 blockchains and critical tooling on the Avalanche9000 testnet and mainnet. The initiative opens new possibilities for game developers, consumer loyalty apps, and financial institutions to build customized blockchain solutions.