Welcome to a Constellation Network update, where we delve into the latest developments, partnerships, and technological advancements shaping their ecosystem. In this edition, we explore the network’s dynamic collaborations, its pivot towards case studies, and elaborate on some of the groundbreaking tools and features.
National DigiFoundry & Constellation network collaboration
We recently had both Constellation Network and the National DigiFoundry on our podcast to discuss National DigiFoundry’s initiatives to foster continuous innovation for a future digitized world, an initiative being enhanced by the Constellation Network.
Constellation Network’s collaboration with the National DigiFoundry (NDF) significantly enriches the project’s experience by leveraging their extensive expertise, particularly in working with government entities like the Department of Defense (DOD). Benjamin Diggles, Constellation’s Co-founder & Chief Strategy Officer, highlighted the alignment of their Stargazer wallet and metagraph technology with NDF’s objectives, emphasizing the need for education to counter negative perceptions of blockchain and digital currencies, a core pillar of NDF’s mission.
Their experience with the DOD, Treasury, and NSF allows them to demonstrate practical applications, making abstract concepts tangible for stakeholders. Additionally, Constellation’s collaboration broadens exposure to their tools, advocating for collaboration rather than a singular approach. This is exemplified by NASA’s adoption of the Stargazer wallet, an achievement for the network.
Furthermore, Constellation assists companies in adopting their metagraph technology, emphasizing industry and government collaboration to promote best practices and safe digital asset adoption. This collaboration directly aligns with NDF’s mission.
You can read more about this collaboration by clicking the link below!
Moving beyond use cases to case studies
On our podcast held this week, Benjamin Diggles discussed a private “demo-palooza” event coming up soon that will bring constituents together from the Web3 industry, commercial, and federal sectors. This event also marks the beginning of their activities for 2024.
The successful rollout of the DOR metagraph had propelled them into focusing on case studies, moving beyond mere use cases. Notably, this is a new direction they are exploring for the first time. They outlined plans to hold such showcases every three to six months, potentially in live locations for networking opportunities.
Despite being engaged in multiple federal initiatives, Benjamin emphasized the significance of Iron SPIDR, an initiative that he called his “crown gem”. Although they couldn’t showcase Iron SPIDR at the demo-palooza, they had re-skinned it for another use case due to increased attention from organizations like the FAA regarding critical mobility data issues.
Iron SPIDR is partnered with SIMBA Chain, a cloud-based enterprise platform, to provide blockchain interoperability for the U.S. Air Force contract. Utilizing Constellation’s Layer-0 standard, the collaboration aims to establish a “chain of chains” facilitating feeless data exchanges and redundancy between blockchains.
3A DAO Update
Michal Bacia, Co-Founder and Chief Token Economist at 3A DAO, updated the Twitter community on March 2nd concerning their progress of expanding the Constellation Network through their Ethereum bridge project. The bridge project aims to facilitate seamless asset transfer between Ethereum and Constellation. This emphasizes the evolution of financial innovation and the integration of alternative assets into decentralized ecosystems.
In February 2024, 3A DAO achieved significant milestones including the completion of a new smart contract audit, securing the grant from Constellation Network to construct a bridge to Ethereum, and the successful launch of the price stability Watchdog Bot for EURO3. Additionally, the organization sold out its bonds issued on the ApeBond platform and whitelisted several tokens including LINK, UNI, SHUSHI, and USDT.
Continuing their efforts, 3A DAO focused on developing a responsive front end for their decentralized application, or dApp, expanding wallet support. They also whitelisted additional tokens such as LSD tokens like stETH. Finally, they worked on establishing partnerships with both decentralized and centralized exchanges as well as with projects involved in real-world asset (RWA) tokenization.
3A DAO is a decentralized autonomous organization (DAO) centered on Zero Interest Rate Lending protocols and real-world asset tokenization. They are specifically working with Constellation Network to enhance liquidity within the ecosystem. Through a structured grant program, Constellation supports projects like 3A DAO to improve liquidity, discoverability, and token utility within their ecosystem.
Stargazer Wallet
This past Monday, March 18, Michal announced that 3A DAO planned to incorporate the Stargazer wallet for the $DAG community, launching on the onLinea mainnet this week!
You can read more about Stargazer Wallet’s features here.
Euclid SDK
On March 7, Alex Brandes, CTO, stated that the network had introduced Hydra Remote Deploy — an Euclid SDK feature — enabling metagraph users to swiftly deploy their projects to remote nodes directly through the command line interface. Notably, he stated that a user could deploy a metagraph with two simple commands.
Euclid offers developers a streamlined environment with multiple advantages: It enables efficient development by swiftly setting up local metagraph projects for rapid prototyping and testing. Through its currency framework, users can easily mint tokens following the Metagraph Token Standard, simplifying the token creation process. You can view the full advantages of this technology on the Euclid SDK website.
One Twitter commenter stated that it was “Definitely a great move toward commercial adoption”, an ethos Constellation Network strives toward with their metagraphs. Their metagraph layer will allow entities to construct personalized subnetworks; these subnetworks will leverage the Layer 0 for enhanced security. Metagraphs are also uniquely tailored with customizations from the ground up, offering users the flexibility to shape their networks according to their specific needs.
DOR Technologies
On March 14, DOR Technolgoies introduced the Analytics Dashboard paid subscription to all Datapreneurs after a successful beta phase with feedback. Datapreneurs are now able to partake in the complete DOR business cycle, including purchasing Dor Traffic Miners, collecting data, earning commissions, and granting clients access to the Analytics Dashboard. Subscriptions are priced at $99 per month, and Datapreneurs receive 25 DOR for every $1 billed through metagraph commission. They also receive a 50% share of each monthly subscription fee. You can read more about how to obtain your subscription here.
The DOR Metagraph stands as a pioneering model within the Constellation Network, marking the advent of a “business-on-a-ledger” concept that encapsulates unique business logic, including data collection, performance, utility, and incentives. By leveraging the Constellation ecosystem, it introduces a new framework for transparent businesses, offering Web3 tooling and immutable data to align incentives with business metrics.
This innovative approach fosters operational accountability through auditability of data, departing from traditional practices where cryptocurrency minting lacked substantial ties to actual business performance. The DOR Metagraph launched in November of 2023.
Stay tuned
It’s evident that the network is not only advancing technologically but also forging meaningful partnerships and driving real-world adoption. From collaborations with the National DigiFoundry to the expansion of its ecosystem through projects like 3A DAO, Constellation is cementing its position as a pivotal player in the decentralized space.
As we look ahead, the network’s commitment to transparency, collaboration, and innovation promises a future where decentralized solutions drive positive change on a global scale. Stay tuned to Genfinity’s Twitter page or podcasts for more information regarding this innovative network!
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