Welcome to The Root Network Overview.
Welcome back to The Root Network Overview. We’re creating the best content for the AI and metaverse ecosystems to get up to speed on the latest updates, metrics, developments, insights and more on Futureverse and The Root Network.
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The ecosystem insights
$ROOT price: $0.03691 (+23.44%)
The Root Network holders: 284.57K (+0.57%)
The Root Network total transfers: 1.11M (+4.72%)
The Root Network total transactions: 376.80K (+1.49%)
Total staked: 325.59M (+0.06%)
The percentages and metrics are calculated from its change over a 14-day time frame, unless noted otherwise.
Highlight of the The Root Network
👾What’s happening: Tradeverse Founding Team Member Mark Ibanez shared multiple updates for The Root Network-focused collectible trading platform.
👾Why it matters: Tradeverse, which is in public beta, has introduced a series of platform updates aimed to enhance user experience and security within The Root Network ecosystem.
On Saturday, the platform added video NFT support for collection lists and profile pages as well as tracking improvements for minting pages, Ibanez said.
The platform also integrated support for Futurepass which allows for multiple login options via social logins like Google and Facebook, along with an email option.
These updates can simplify the user experience and lower the barrier to entry on Tradeverse by offering multiple entry points and removing the need to connect a crypto wallet.
This recent update also introduced an improved error handling for transactions, Ibanez noted.
The network ensures that users have enough funds for gas fees before submitting a transaction. This aims to minimize disruption and reduce instances of infinite loading issues for users, which has hindered the platform’s performance in the past.
👾The bigger picture: Tradeverse is positioning itself to offer a more seamless and secure trading environment by addressing key pain points and adding new features, shortly after entering its public beta phase.
Overall, these technology updates, as well as the team’s ability to listen to its user’s feedback can make Tradeverse a more user-friendly and robust platform in the long run.
Built on Root
The Root Network Substrate framework to upgrade to devnet to testnet bringing builders more benefits
Futureverse shared a quality of life update to its activity and collectibles tabs on the FuturePass dashboard
FLUF World released its latest game developer diary for its game The Third Kingdom
Rootscan published multiple API updates revolving around how to view addresses and NFT stats
Want to catch up? Check out the monthly Futureverse updates here.
Driven by community
Highlighting the companies, communities and users tied to The Root Network.
X user web3d101 released a short film showcasing different Futureverse projects including Jen, ASM, AIFA, FLUF World and Gods & Goblins
RCADIA, an NFT collection minted on Tradeverse, sold out its collection in 48 hours
Check out X user Nftbroo’s written recap of 30 mins max, a Discord stage featuring the Futureverse team
Get involved in the future
Want to dive into the ecosystem full-time? Find the latest job postings here or get involved with a digital experience below.
Walker World opened staking for FLUF World: EGG holders to harvest OOZE
Kez Kustomz shared a car showcase contest for ATEM Car Club, enter and show off your creative designs
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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.