ICF Update — Nov 3rd

Q3 Funded Proposals; UX Working Group; Cosmos Conversations; ICF Invests in ixo; ICF Sponsors ZKSummit; Confio Launches CosmWasm Dapp Examples; Chainsafe Completes New Milestones on Ethermint; Informal Systems Extends Service Agreement to Include Proposer Based Timestamps and Tendermint P2P in Rust; Eventivize Launches the First Token Drop Event;

The Interchain Foundation
4 min readNov 3, 2020

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Welcome to the fifth edition of our bi-weekly update! We’ll be using this space to highlight some of the exciting activities that took place at the Interchain Foundation over the last two weeks. This will include some check-in meetings that occurred with various funding recipients, as well as goings-on that members of the Interchain ecosystem might find interesting and informative.

If any of the updates are especially relevant to what you are working on feel free to drop us a line at hello@interchain.io.

If you missed the last update, check it out at ICF Update — Oct 20th.

Q3 Funded Proposals

Our third quarter of funding proposals closed submissions on August 31st. We spent another month reviewing the applications internally, compiling the proposals that the Board of Management decided to recommend and including comments from the Technical Advisory Board. From there the Foundation Council was able to come to consensus on what projects to fund and the time spent since then was on finalizing service agreements and getting all the proper signatures. The following proposals have now been formalized and work has begun by the respective teams.

Take a look at the respective recipients here.

UX Working Group

Last week was the first UX Working Group call attended by members from the ICF, WalletConnect, Starname, ApeUnit and Chainapsis. The topic of conversation was about the group itself and how it should function going forward as well as how to think about multi-chain assets that originate on one chain but have been moved via IBC or custom bridges. The group has decided to utilize the Chain Agnostic Improvement Process to extend CAIP-19, a standard for representing blockchain assets that includes reference to their origin chain, in order to accommodate multi-chain assets. Follow the conversation on the github issue and join the next call on November 13th, 3pm CET.

Join the Telegram group to stay up to date!

Cosmos Conversations Online Event Announced

Last week was the announcement of the second annual flagship Cosmos conference: Interchain Conversations. It’s being co-organized with Dystopia Labs (Hsin-Ju) and will happen online December 12th and 13th. Tickets are Free and available at conversations.cosmos.network.

ICF Invests in ixo

ixo, the Internet of Impact, has received two service agreements from the Interchain Foundation. The first completed agreement was to implement bonding curves and automatic market maker capabilities within the Cosmos SDK in a software suite called Alphabonds with support from Simply VC. The second agreement is in partnership with Persistence One to design and implement the NFT and corresponding Metadata modules. This work is ongoing and coordinated around InterNFT.org and the NFT Working Group. Based on the successful collaborations between ixo and the Interchain Foundation and the alignment of social impact with the mandate of the foundation for the success of the Cosmos Network we have proceeded with an investment into the ixo network. We look forward to seeing the project continue to succeed and the benefit for the wider Cosmos ecosystem as well as the world at large.

ICF Sponsors ZKSummit

ZKSummit, the annual conference organized by Anna Rose and the Zero Knowledge Podcast will run November 23rd and 24th. The Interchain Foundation is excited to support the conference as an important event in the pursuit of education on the important developments around cryptography and privacy.

Confio Launches CosmWasm Dapp Examples

Confio, the team building WASM based smart contract module and platform CosmWasm, recently launched a platform of dapps at dapps.cosmwasm.com to demonstrate some capabilities of their platform. These include a working example of Staking Derivatives as well as fungible tokens and an implementation of a nameservice.

Chainsafe Completes New Milestones on Ethermint

ChainSafe Systems, developers of the Ethermint EVM Cosmos SDK module, recently completed new milestones on their service agreement to develop the module. These include completion of the `eth_personal` RPC endpoint that enables parity with Go Ethereum in creating and managing accounts as well as signing transactions using traditional Ethereum user flows. This will supplement the capabilities of creating and managing accounts, signing and sending transactions that come out of the box with the Cosmos SDK. Take a look for more details at their recently published blog article.

Informal Systems Extends Service Agreement to Include Proposer Based Timestamps and Tendermint P2P in Rust

Informal Systems, the team building Tendermint and IBC in Rust and researching and developing techniques in formal verification has extended their service agreement with the Interchain Foundation. The extension covers work on implementing proposer based timestamps within Tendermint that will allow faster block production and BLS signature aggregation. It will also include an implementation of the Tendermint peer-to-peer communication system in Rust that will allow a performant and robust implementation to serve as a canonical version for other programming environments.

Eventivize Launches the First Token Drop Event

Halloween night was the first live implementation of the new Eventivize platform. Building up to the 2021 CTM Music Festival is a series of events, the first of which ran at tekno-oldschoolers.com and was successfully completed over the weekend. This included a token drop on a mobile app and broadcast on twitch.tv that allowed viewers to distribute tokens to different performers throughout the event. These tokens were exchanged for fiat by the event organizers and allows fans to have a direct impact on financial empowerment of the artists performing.

Thanks for catching up on our fifth update. We’ll be working on the format to keep it brief but informative. If there are things you’d like to hear more about feel free to reach out to hello@interchain.io or ping us on Twitter at @interchain_io.

See you in 2 weeks!

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Interchain
The Interchain Foundation

As stewards of the interchain, we advance the development of an interoperable, sustainable, and community-owned decentralized ecosystem. https://interchain.io/