Cointime

Cointime

Download App
iOS & Android

ThunderCore’s 2022 Recap

Validated Project

As 2023 kicks off another exciting but possibly turbulent year in the crypto space, ThunderCore would like to extend our warmest greetings to all our community members and ecosystem partners.

Looking back at 2022, we’re proud of the progress we’ve made in advancing our mission to bring about blockchain mass adoption with an entertainment-focused approach. We’ve seen massive on-chain growth in all areas of Web3, from non-fungible tokens (NFT) and decentralized finance (DeFi) to GameFi and the metaverse. Moreover, we’ve onboarded numerous Web2 companies using the ThunderGene API tool, which enables seamless integration of Web3 features into Web2 apps.

Beyond our commitment to on-chain development, we’ve prioritized strengthening our ecosystem retention strategy. We consistently notch over 400,000 monthly active users, lining up even more partnerships to drive user acquisition.

Looking ahead to the new year, we’re excited to share our roadmap with you and continue working towards our goal of driving the mass adoption of blockchain technology.

ThunderCore 2022 in review

ThunderCore rebrands — April 2022

  • New visual identity: Rebranded in April 2022 to visualize our progress in bringing the world of Web2 to Web3, especially in mobile entertainment with our GameFi, SocialFi, and metaverse innovations.
  • TT Wallet revamped: Transformed what had been formerly called ThunderCore Hub into the one-stop-shop storage solution TT Wallet. Improving the function and design of TT Wallet is an ongoing project for us. As new ideas emerge, we continue to add features like NFT displays and dedicated sections for events like the World Cup.
  • Developer funds launched: Introduced the Developer Growth Program and our $100M Web3 Fund to boost great projects in our GameFi, metaverse, SocialFi, and NFT ecosystems.

ThunderGene API Tool

The ThunderGene API tool is an ambitious tool we’ve introduced to deploy Web3 features like NFTs, fungible tokens, and more in any Web2 app. It makes it simple by outsourcing to us the most cumbersome and stressful parts of crypto development.

It has already been used in a variety of projects:

  • GameFi platform Zero Sum Gambit.
  • Educational platform Hei Jiajia Go Classroom for an NFT royalty program.
  • NFT tickets and gaming events with our partner FICO:
  • The Neha and Tony Kakkar’s Metaverse concert: NFT ticketing developed via ThunderGene.
  • Fantastic Football World Cup 2022 Campaign: Released a range of gaming events related to the World Cup, developed via ThunderGene.
  • NFT Taipei Dream Pass for attendees of NFT Taipei, developed via ThunderGene.

Blockchain developments

Last year had no shortage of advances for our blockchain, and we hit many milestones that supercharged our ecosystem.

Here are some highlights:

  • Marked a significant landmark in our blockchain’s development by reaching a block height of 100M blocks.
  • Integrated Co-Mint with Multichain, which opens the door for multiple bridges to mint the same asset, enhancing our cross-chain compatibility.
  • Introduced our first Launchpad, OlympiaPad, which allows developers to build on our blockchain faster and with greater ease.
  • Opened up our chain to PoS staking and welcomed new trusted validators, Huobi and MyCointainer, to secure the network and incentivize our user base with TT rewards.
  • Gave our on-chain developers access to extremely useful cloud-computing credits with AWS.
  • Introduced GraphQL to make querying data much easier for developers.
  • Introduced TT Mining V5 together with the TT Wallet Referral Program to attract new users with incentives and enhance our ecosystem.
  • Completed our ThunderCore 2.0 hard fork, further decentralizing and securing our blockchain while making it more equitable for all users.

Cross-chain bridge

  • Partnered with Multichain to offer our users near-total interoperability in the wider blockchain world. We began the partnership with ThunderCore support for DAI, AVAX, and APE, and are expanding this to more tokens.

DeFi

We anchored many new DeFi projects in our ecosystem:

  • LaserSwap: Uses an automated market maker (AMM) to trade digital assets.
  • CEXISWAP: Supports multi-chain ecosystem assets and breaks the barriers between centralized and decentralized exchanges.
  • PointSwap: Uses an AMM to determine the value of loyalty points relative to one another and then lets users exchange them.
  • SWFT: A payment network and one-stop cross-chain entity that focuses on both centralized and decentralized exchanges as well as NFTs.
  • XY Finance: A cryptocurrency exchange aggregator for DeFi and the metaverse.
  • TT Farm: Supports TT, TT-USDT, TT-USDC, TT-HUSD, and TT-BUSD circulation, setting a precedent for cross-chain gaming.

Exchange listings

  • Listed our native token, TT, on KuCoin.

Fiat-on-ramps

Last year, we introduced many new fiat-on-ramps services to our ecosystem, making it easier for users to transfer funds between our blockchain and the traditional financial system.

  • Partnered with Transak to allow the purchase of BUSD with Euro (EUR)-denominated credit cards through TT Wallet, in addition to TT.
  • Integrated Coinbase Pay to simplify the purchase of any Coinbase-supported tokens. At the same time, we integrated with Coinbase’s Rosetta API.
  • Integrated Binance Connect to access the world’s largest cryptocurrency exchange and link our ecosystem with that community.

SocialFi

The dawn of SocialFi is fast approaching, and we have been busy readying ourselves.

  • Worked with the cross-chain Metaverse and SocialFi platform MomentX to let users display their NFT collections in virtual reality (VR) showrooms.
  • About to welcome a new SocialFi Alphagram, which lets users send crypto back and forth through messaging.

Additional efforts and IRL events

  • Launched the Creator Accelerator Program and NFT Trading Competition with NFTmall.
  • Celebrated Bitcoin Pizza Day with OurSong and MomentX.
  • ThunderCore founder Chris Wang attended as a silver sponsor on behalf of ThunderCore at TOKEN2049.
  • Co-hosted NFT Taipei and showcased our achievements in a keynote address by Chris.

Heading into 2023 with wisdom, persistence, and style

ThunderCore now consistently clocks over 400,000 monthly active users on DappRadar, which we’ve achieved through our powerful user-retention capabilities. With new Web2.5 partnerships coming in almost faster than we can process them, we will be onboarding familiar brands with large existing user bases onto ThunderCore.

As a Web3 influencer, our founder Chris Wang will continue to bring to our ecosystem his special touch, which he has developed over a storied career, and help us shepherd users from the old internet into this exciting new space. His theory that user acquisition plus retention will take us to blockchain mass adoption has become our guiding philosophy.

As an entertainment-focused blockchain that believes the next billion blockchain users will get here via mobile entertainment, we will be paying particular attention to the GameFi, SocialFi, NFT, and metaverse spaces in the year ahead. At the same time, we will be doing our best to further develop the decentralization, security, and raw technical power that make ThunderCore the pillar of such a dynamic ecosystem.

Thanks for reading, and we’re excited for you to join us on our journey into 2023!

ThunderCore ThunderCore $0.00
+6.74%
Blockchain Crypto NFT
Comments

All Comments

Recommended for you

  • Equation News calls out Binance for "insider trading": You are destroying the sentiment of the trading market

    On November 25th, Formula News reported that to those insider traders who participated in the listing of Binance perpetual contracts, please slow down when selling your chips next time. The WHY and CHEEMS crashes you caused resulted in a 100% negative return for everyone involved in the trade, and you are destroying the emotions of the trade. Earlier today, Binance announced the listing of 1000WHYUSDT and 1000CHEEMSUSDT perpetual contracts, which caused a short-term crash in WHY and CHEEMS and sparked intense discussion within the community.

  • U.S. Congressman Mike Flood: Looking forward to working with the next SEC Chairman to revoke the anti-crypto banking policy SAB 121

     US House of Representatives will investigate Representative Mike Flood's recent statement: "Despite widespread opposition, SAB 121 is still operating as a regulation, even though it has never gone through the normal Administrative Procedure Act process." Flood said, "I look forward to working with the next SEC chairman to revoke SAB 121. Whether Chairman Gary Gensler resigns on his own or President Trump fulfills his promise to dismiss Gensler, the new government has an excellent opportunity to usher in a new era after Gensler's departure." He added, "It's not surprising that Gensler opposed the digital asset regulatory framework passed by the House on a bipartisan basis earlier this year. 71 Democrats and House Republicans passed this common-sense framework together. Although the Democratic-led Senate rejected it, it represented a breakthrough moment for cryptocurrency and may provide information for the work of the unified Republican government when the next Congress begins in January next year."

  • Indian billionaire Adani summoned by US SEC to explain position on bribery case

    Indian billionaire Gautam Adani and his nephew, Sahil Adani, have been subpoenaed by the US Securities and Exchange Commission (SEC) to explain allegations of paying over $250 million in bribes to win solar power contracts. According to the Press Trust of India (PTI), the subpoena has been delivered to the Adani family's residence in Ahmedabad, a city in western India, and they have been given 21 days to respond. The notice, issued on November 21 by the Eastern District Court of New York, states that if the Adani family fails to respond on time, a default judgment will be made against them.

  • U.S. Congressman: SEC Commissioner Hester Peirce may become the new acting chairman of the SEC

    US Congressman French Hill revealed at the North American Blockchain Summit (NABS) that Republican SEC Commissioner Hester Peirce is "likely" to become the new acting chair of the US Securities and Exchange Commission (SEC). He noted that current chair Gary Gensler will step down on January 20, 2025, and the Republican Party will take over the SEC, with Peirce expected to succeed him.

  • Tether spokesperson: The relationship with Cantor is purely business, and the claim that Lutnick influenced regulatory actions is pure nonsense

     a spokesperson for Tether stated: "The relationship between Tether and Cantor Fitzgerald is purely a business relationship based on managing reserves. Claims that Howard Lutnick's joining the transition team in some way implies an influence on regulatory actions are baseless."

  • Bitwise CEO warns that ETHW is not suitable for all investors and has high risks and high volatility

    Hunter Horsley, CEO of Bitwise, posted on X platform that he was happy to see capital inflows into Bitwise's Ethereum exchange-traded fund ETHW, iShares, and Fidelity this Friday. He reminded that ETHW is not a registered investment company under the U.S. Investment Company Act of 1940 and therefore is not protected by the law. ETHW is not suitable for all investors due to its high risk and volatility.

  • Musk said he liked the "WOULD" meme, and the related tokens rose 400 times in a short period of time

    Musk posted a picture on his social media platform saying he likes the "WOULD" meme. As a result, the meme coin with the same name briefly surged. According to GMGN data, the meme coin with the same name created 123 days ago surged over 400 times in a short period of time, with a current market value of 4.5 million US dollars. Reminder to users: Meme coins have no practical use cases, prices are highly volatile, and investment should be cautious.

  • Victory Securities: Funding Rates halved and fell, Bitcoin's short-term direction is not one-sided

    Zhou Lele, the Vice Chief Operating Officer of Victory Securities, analyzed that the macro and high-level negative impact risks in the cryptocurrency market have passed. The risks are now more focused on expected realization, such as the American entrepreneur Musk and the American "Efficiency Department" (DOGE) led by Ramaswamy. After media reports, the increase in Dogecoin ($DOGE) was only 5.7%, while Dogecoin rose by 83% in the week when the US election results were announced. Last week, the net inflow of off-exchange Bitcoin ETF was US$1.67 billion, and the holdings of exchange contracts and CME contracts remained high, but the funding rates halved and fell back, indicating that the direction of Bitcoin in the short term is not one-sided, and bears are also accumulating strength.

  • Coindesk ·

    Careers in Crypto: 5 Insights for 2024

    In an overwhelming job market, leaning into personal networks and connections are more important than ever. Emily Landon, CEO of The Crypto Recruiters, outlines what is happening in the crypto job market and how you can position yourself or your company in 2024.

    Careers in Crypto: 5 Insights for 2024
  • Coindesk ·

    Crypto Needs to Radically Rethink Token Distribution

    The prevailing “low float, high FDV” model can generate significant initial interest in project but benefits tend to disintegrate in the long-term, says Lava Network's Ethan Luc.

    Crypto Needs to Radically Rethink Token Distribution

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company