Top Upcoming Crypto Events | July Week 3

The crypto space has continued to garner global attention with its top-notch events, updates, project launches, etc.

To keep our readers informed of the happenings in the crypto space, we have compiled a list of some of the top upcoming crypto events expected to take place this week. Top upcoming events like Shield protocol and Polygon’s (formerly Matic Network) partnership, mainnet bridge expansion, among others.

1. (FET) Expands its Mainnet Bridge mainnet staking via Cosmostation wallet is currently ongoing. In line with this, its token bridge transactions will be launched in stages.

The first stage which took place from March 31 to May 31, 2021, had a limit of 60 million FET tokens. This stage was followed by the next stage which is currently ongoing. That is, between June 1 to July 15, 2021. This stage has a FET limit of 120 million. July 16 – September 30, 2021, will have a limit of 250 million FET. Lastly, From October 1, 2021, There will a complete replacement of the existing bridge with the Gravity bridge.

2. Upcoming DRACO II EVM

Popular fintech platform, DRACO II EVM is around the corner. According to the official tweet, the phase 2 launch is scheduled to take place on July 14, 2021. Also, Particle B has launched a $100 million fund for upcoming projects on the EVM Chain.

3. Shield Protocol Integrates Polygon Chain

In this new week, Shield Protocol and Polygon have disclosed plans for a strategic integration. Thanks to the partnership with Shield Protocol, 2FA codes will now be available on Polygon.

Interested persons can now seamlessly back up their 2FA codes on Polygon’s decentralized chain as compared to other centralized entities.

4. Uniqly Marketplace Launch is Here

Marketplace and escrow platform known for giving NFTs real-world utility, Uniqly, has released details of its much-anticipated Marketplace launch. The launch, according to the official tweet, is scheduled to take place on July 15, 2021.

5. Protocol BandChain Phase 2 Mainnet Upgrade

Cross-chain data oracle platform Band Protocol has disclosed details of its upcoming BandChain Phase 2 Laozi mainnet upgrade. The main net upgrade is expected to take place on July 13, 2021. According to the official announcement, the upgrade will also bring to life several amazing new features like the on-chain payment, Cosmos IBC integration, and getstarport integration.

The mainnet upgrade will be followed by the commencement of the plans to facilitate full IBC compatibility. IBC compatibility will facilitate hitch-free token transfer and oracle data between Band Protocol’s BandChain, and other IBC-compatible chains like Secret Network, Injective Protocol, etc.

The mainnet upgrade will also expand Band Protocol’s product offerings to include features like;

  • On-chain randomness.
  • Increased oracle usage.
  • Decentralized result and proof submission to standard dataset.

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