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Welcome to the latest edition of the Weekly Pulse, a weekly Algorand news wrap-up segment presented by Algopulse. As ever, we welcome your feedback so if there is anything you would like us to add, please let us know on Twitter, Discord, or Telegram. For more from Algopulse visit https://www.algopulse.io/.
Opulous Launch First-Ever Full Album MFT
The first-ever Opulous full album MFT album “Its Not So Bad by Kyle” launched on June 1. The album contains 12 tracks which MFT holders will collect royalties from. “I wanted to release a whole MFT album with Opulous so that my fans and I can get closer to a model of becoming successful as a unit, redefining success together,” said KYLE.
“Sharing this experience with fans and maybe even friends and family is a valuable thing. I don’t think anything will be able to match the feeling as we cross the finish line together.”
Users can purchase the MFT here before the sale closes.
Governance Voting Opens
The third period of Algorand governance has officially opened with participants having until July 1 to cast their vote on the two measures put forward. The first relates to providing more weighting for DeFi projects on Algorand in recognition of the additional TVL that they bring into the ecosystem. Governors will vote as to whether, projects should be granted “governor status and twice the voting power, whilst maintaining the same governance rewards program to Algo holders that commit for the governance period.” The Foundation has confirmed that affirming this change would be their preference.
The second measure involves unlocking a process for xGovs bringing community measures forward for governance voting. Read the full details about both measures here and be sure to vote before the deadline elapses.
Algorand Partner with Maker X to Onboard Terra Projects
The Algorand Foundation and MakerX, a firm that specializes in web3 & digital product development, have announced the general availability of a first-of-its-kind automated platform that will enable Terra users to move their projects to Algorand. The Algorand Foundation also announced that it is committing 1 million ALGO to a fund that will start with enabling Terra users to make the migration.
"We're all working for the same dream of an inclusive, decentralized, and borderless global economy. And when you see people who are chasing that dream get hit hard the way they did, you can't just sit around," said Algorand Foundation CEO Staci Warden.
"When people from the Terra/Luna community started reaching out to us, we immediately got busy (very!) getting this support up and running."
Algorand and Drone Racing League Nominated for Prestigious Award
Algorand and the Drone Racing League have been jointly been nominated for the prestigious global Hashtag Sports Awards. The pair have been nominated for the best Best Brand Sponsorship category for their innovative efforts to both growth awareness of their respective brands and innovate. The award winners will be announced on July 12th.
NFTDomains Launch Imminent
The NFDomain project has announced that it will be launching on Algorand mainnet on June 4th. The NFDomain platform is set to allow users to purchase domain authorities as NFTs meaning that once purchased they are owned by the user permanently. In addition to this the platform will also allow users to put their domains to use for sending and receiving crypto.
Excitement Growing for Consensus 2022
Some of Algorand’s biggest figures are gearing up for next week’s Consensus Conference in Austin Texas. The conference hosted by CoinDesk is set to bring together the crypto industry’s most well known names including Silvio Micali, Staci Warden, Sam Bankman-Fried, Edward Snowden, several US senators, and more. Look out for coverage from Algopulse of the events biggest Algorand announcements.
Matthew Keller Hired by Algorand Foundation
Algorand have this week announced the hiring of Matthew Keller as their new Director of Impact and Inclusion. As the Director of Impact and Inclusion, he will be responsible for making grants and investments in individuals and institutions making use of the Algorand blockchain for social impact. Keller brings to the role vast experience working for global nonprofits, multilateral institutions, and advocacy groups. Previously, he was with XPRIZE Foundation where he conceptualized and directed the $15 million Global Learning XPRIZE which challenged teams from across the world to develop scalable software to empower children to teach themselves reading, writing, and numerical literacy within 15 months. Keller was also a senior lawyer at the UN World Food Programme in Rome, where he ran a global advocacy campaign focused on childhood hunger. Keller started his career in Washington, DC leading efforts to reform campaign finance law in the United States.
Gotham FC is launching their first purpose-driven NFT collection on Algorand
Algorand commercial partners Gotham FC have announced the launch of their NFT Collection campaign titled #WHATWEDO. The purpose of the collection to represent Gotham’s commitment to social impact causes. 100% of proceeds will be donated to one Gotham’s five social impact partners.
Price Watch
Thank you for reading this week’s edition of the Weekly Pulse as we look forward to continue bringing this content to the Algorand Community. Was there anything that we missed? If so let us know on Twitter, Discord, or Telegram where you can also send us any news you see throughout next week for our next installment. For more from Algopulse visit https://www.algopulse.io/.
