LONDON (Bywire News) - The weekly fireside chat is a chance for the EOS community to come together and discuss all the latest goings on in the EOS ecosystem. You can see the full thing on YouTube, but here are a few of the key highlights.
EOSIO + rebranding
EOSIO+ coalition is rebranding the EOSIO software. This was initially created by B1 who is no longer upgrading the software. The community is coming together to rebrand and update it. The group is discussing branding options and is getting close to having something to present to the community.
Next Thursday, they plan to publish a segment from the EOSIO+ video call in which they discussed the branding options. Sensitive parts will be redacted to prevent any issues with brand or domain name squatting.
Meanwhile, the branding agency will be taking the three names they decided on and double checking things such as cultural and pronunciation and trademark issues.
Pomelo Report
The report on season two of Pomelo – the crowdfunding platform for projects which aim to develop EOS – has been published. The community can read the report, see the actions they have taken and make any appeals if grant owners feel they have been unfairly treated. The appeal process closes on 24th May, on the 25th everything will be finalised and grant owners can claim their matching funds.
Chintai updates with Phillip Hamnet
Phillip Hamnet from digital fintech company, Chintai. Life, for them, has been busy with a lot happening all at once.
They based their seed round in May last year and have received approval in principle for a capital markets service license from Singapore which will allow them to issue securities on their blockchain.
They are also applying for a recognised market operator licence. When they get it they will be allowed to trade digital assets.
They have soft launched their platform so people can go through the KYC process and start to prepare to use it.
Just Carbon is their first client and is issuing carbon credits on their platform. Other clients are expected to come soon.
They are in the middle of using Bitgo custodian provider for blockchains and cryptocurrencies. They will be able to bridge digital assets across blockchains.
Asked about the Luna system, he had this to say:
“Philosophically speaking I don’t think stable coins make sense. I am not convinced with any algorithmic pegged tokens that they work mostly because the value that you are driving is economic and psychological. We don’t understand economics or psychology well enough. Algorithmic stable coins are not a good idea.”
The only way, he suggests that you could have something which the regulators would be happy with is a stablecoin which is backed by real world assets.
Chintai has a USD pegged stable coin on the platform. It is 1:1 backed by dollars which are stored in a bank account.
Yield+ Bluepaper
The Yield+ bluepaper is all but ready and is dropping a preview this week. The English version has been branded and designed. Korean and Chinese translations are back and they are going through the branding process. The bluepaper is planned to be published next Thursday.
(Writing by Tom Cropper, editing by Klaudia Fior)