Welcome back to Aptos’ Weekly Overview. The best place for Aptos community members to get up to speed on the chain’s latest updates, metrics, releases, insights, ecosystem developments and more. All in one place.
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By The Numbers
Aptos transactions this week: 3.2M (-72%)
Network transactions per second (TPS): 19.7
Active users: 276.2K (-61.8%)
New users this week: 109.6K
Total staked APT: 875.65M (+0.1%)
Aptos total value locked (TVL): $360.7M (+11.4%)
NFT weekly sales: 3.2K (-29.7%)
The percentages and metrics are based on a 7-day timeframe from Flipside data as of July 17, unless noted otherwise.
Inside the blockchain
🌐What happened: Aptos-based event ticketing platform KYD Labs is parenting with a historic NYC music venue, Le Poisson Rouge (LPR), in a multi-year agreement that will power all shows and tickets through the Aptos blockchain.
🌐Why does it matter: LPR is leveraging the Aptos blockchain and KYD Labs’ technology to provide a transparent and secure ticketing platform, while changing the way fans engage with music.
KYD Labs will provide customer acquisition tools to automate data usage to connect venues and artists with their audiences in a more streamlined manner. This could potentially provide a more efficient and greater experience for fans, artists, and the venue.
Additionally, LPR will monitor secondary ticket sales transparently and offer improved loyalty programs by utilizing Aptos’s low-transaction cost network. In turn, this could also open the door for LPR and KYD Labs to reward recurring fans in a new, novel way.
Unlike legacy ticketing platforms that charge high fees, the partnership aims to shift the power back to artists and venues, which could improve the overall ticketing and music experience for fans.
🌐The big picture: LPR hopes to onboard fans to crypto by providing artists with insight into their audiences through on-chain technology and real-world use cases.
This move not only enhances the ticketing experience for fans, but also empowers artists and venues by giving them direct access to fan data and engagement opportunities through on-chain initiatives.
LPR’s use of blockchain technology for ticketing, loyalty programs, and event management could pave the way for broader adoption of on-chain solutions in the entertainment industry.
Ecosystem wins
Nansen released its Aptos growth dashboard to provide additional insight into the ecosystem for dApps and DeFi projects
Kana Labs, a DEX aggregator app on Aptos, integrated support for SK telecom's T wallet
ERAGON launched its gaming blockchain Mainnet V1 on the Aptos network
Galnt, a decentralized exchange designed to bridge assets to Aptos from other chains, announced its receivement of a grant from Aptos Foundation
Odyssey introduced its digital asset and NFT minting software development kit on Aptos
The community is makin’ Moves
Developer DAO hosted an X stream with Aptos Labs’ Ecosystem Infra Engineer Daniel Porteous, to showcase the Move programming language
Tapos, a “tickle-to-earn” game on Aptos, opened its Telegram for community announcements and feedback
X user 0xham3d_eth provided an overview covering the latest Aptos network metrics (charts below)
By the headlines
You might have seen these Aptos-related headlines recently…
Le Poisson Rouge brings ticketing on-chain with Aptos integration (CryptoNews)
Nansen partners with Aptos for dashboard after Aptos users double in six months (Cointelegraph)
Kana Labs’ Aptos DEX Aggregator Integrates with SK Telecom’s T Wallet (BlockchainReporter)
$WEN and TOYMAK3RS Debut Limited Edition Collectible Toy That Unlocks Unique Cross-Chain NFTs Using Jellybean Technology (TechBillion)
Join in the fun
Want to dive into the ecosystem full-time? Find the latest job postings on Aptos Foundation here.
Join the community for Code Collision, a multi-week hackathon for building dApps on the Aptos network
In NYC? Join Aptos Labs and Econia Labs on July 18
Meet up with the Aptos community at The Aptos Experience, an interactive web3 summit in South Korea from Sept. 5-6
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.