Social ticketing platform Mereo launches beta app on Aptos

Aptos Weekly Overview - June 20

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. 

Reminder: Join the Token Relations’ quarterly webinar focused on the Aptos ecosystem on June 27 from 12:30-1:30pm EST. Sign up here.

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By The Numbers

• Aptos transactions this week: 10.1M (-24%) 

• Network transactions per second (TPS): 16.8 (-23.93%)

• Active users: 601.7K (-68.40%) 

  • New users this week: 316K  

• Total staked APT: 856.94K (+0%) 

• Aptos total value locked (TVL): $355M (-4.1%)  

• NFT weekly sales: 6.4K (-20.6%) 

The percentages and metrics are based on a 7-day timeframe from Flipside data as of June 17, unless noted otherwise.

Inside the blockchain

🌐What happened: Mereo, a social ticketing platform, launched its beta app on Aptos, in hopes to revolutionize ticket and fan experiences.

🌐Why does it matter: Mereo utilizes IP ownership and the Aptos blockchain to create digital tickets and IDs, enabling users the ability to earn rewards and complete quests. It provides personalized experiences for fan engagement with artists or while attending a certain event. Fans can chat with their favorite artist or experience gated post-event content by completing quests within the app.

Through real world assets (RWA) and blockchain transparency, Mereo aims to provide a better experience for fans and artists. With an increase of ticket scalpers that traditional ticket platforms experience, Mereo could potentially deter them away. 

🌐The big picture: Mereo aims to reward fans and community members through Aptos’ blockchain technology. It plans to enhance the overall experience by creating value for true fans and community members that traditional ticketing methods haven’t tapped into yet.

Ecosystem wins 

• Aptos Labs partnered with NBC Universal to create fan experiences, utilizing the Aptos network

• Panora Exchange implemented keyless accounts, allowing users to sign in with their Google accounts

• AptoPay announced its implementation of the Aptos blockchain, aiming to make payments faster and have less friction 

• Tapos, a popular tap-to-tickle game, received a grant from the Aptos Foundation

• Kade launched Poseidon, a decentralized social network on Aptos, on the iOS App Store

The community is makin’ Moves  

• Dive into how Aptos Roll can produce randomized numbers through its onchain randomness API in a thread by Joule Finance

• Learn more about Overlai and how it plans to revolutionize creators

• Cool Sloths released a number of honorary NFTs to key Aptos contributors including Sherry from Aptos Labs and Yarhunter from Spooks Labs

By the headlines 

You might have seen these Aptos-related headlines recently…

• Meet our 2nd Protocol Highlight: Aptos (X thread | Artemis__xyz)

• KBW 2024 Announces Sui as Official Partner, Aptos Foundation and Tron as Title Sponsors (BlockchainReporter)

• How one game caused Aptos daily transactions to surge 1,466% in three days (The Block)

Join in the fun   

Want to dive into the ecosystem full-time? Find the latest job postings on Aptos Foundation here. 

• Join the Aptos Japan community for Aptos Mover: Innovation Ripples through Kyoto on July 3

• Join the Aptos community at The Aptos Experience, the interactive web3 summit in South Korea from Sept. 5-6

• Learn more about the Move language for MoveCon by MoveDAO on June 27

• Join the Aptos Global Hackathon, Code Collision, coming soon

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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.