August is like the Sunday of the Summer & so it was for ArGoApp & our beloved Argonauts. All charts kept climbing, from the number of users to the number of projects deployed and community engagement to the $ARGO token prices. It was an eventful month with lots of positive outcomes, including significant partnerships & big announcements. So dive in to stay on top of things at ArGoApp; these highlights are surely going to make some noise & reach the right ears.
Product, Progress & Partnerships
The number of projects deployed on the ArGoApp platform has more than doubled during the month. This progress shows the strategy shift during the mid of August from community engagement to user adoption, worked for the project. As a result, we have been continuously increasing user adoption. We have increased the number of users by 13.5%, with a 121% jump in the number of projects deployed using ArGoApp in August 2021. We are incredibly excited to share this as we continue to focus on improving our platform numbers & simultaneously keep adding more user-friendly features, making blockchain deployment using ArGoApp as frictionless as possible.
You can keep track of our progress through this excellent tool that we have created to make our growth transparent & easily traceable.
Argolytics - ArGoApp Analytics
Argolytics is an analytics tool to track the growth of ArGoApp Protocol.
Those were the numbers, now moving on to features, we released our new version, V2.2, with webhooks & screenshot options making deployment a pleasant experience for our fellow developers.
We primarily created the platform to meet the front-end needs of the web hosting market. Our users can deploy their web apps and store their web app’s static files through our capable front-end application in simple steps. This allows the implementation of creative solutions in diverse industries globally. Other benefits include censorship resistance, assured 100% uptime, and the opportunity to reduce your net spend on our platform through our reward system, like our staking pool which is currently live.
Some potential clients may have reservations about adopting decentralized platforms known for their slow payment transaction execution. At ArGoApp, we overcome these obstacles, including slow payment transaction speeds, by using the Layer 2 protocol. Our smart contracts are deployed on Polygon, which has a double advantage over previous generation protocols. In addition, our users get high TPS with no gas fee through Biconomy.
We also added another proof of concept during the month, when a decentralized oracle platform hosted their web app in a decentralized way on Arweave through ArGoApp.
ArGoApp partnered with GenShards during the month to provide them decentralized hosting & storage solutions. With this partnership, ArGoApp’s ecosystem integration with GenShards & their ecosystem lowers development barriers. GenShards’ vision is to redefine NFTs as easily accessible Defi products. ArGoApp’s premium services provide them that opportunity without compromising on security & scalability.
Another significant partnership announcement happened during the month with DIA to connect their oracle infrastructure into ArGoApp’s decentralized storage solution. DIA will bring $ARGO token payments to all our services with their trustable & scalable on-chain price feed. Once wholly integrated, we will be able to charge all fees in $ARGO on our platform.
Skynet & ArGoApp decided to do more than just integrate & hence the third and one of the biggest announcements of the month was our partnership with Skynet to provide developers multiple cloud storage options without having to hold multiple wallets.
Because of the increasing storage options, our partners like Arweave and Skynet will likely continue improving their products and services to stay relevant in the cloud storage industry. Our users will, in turn, enjoy better benefits through the possibilities created by this integration.
Making $ARGO holders happy
$ARGO Staking is Live & has been making excellent progress since launch. This campaign has been a game-changer for the $ARGO token during market correction & has brought us back on the charts with more than 1.5 million $ARGO tokens already locked and more than $750k in TVL as of date.
You can stake your tokens & get the benefit of high APRs of more than 500%, especially on the liquidity mining pools. And did we talk about the rewards that you can get if you stake? Join the fun here!
And to add more convenience for Argonauts in their Staking experience, we went one step ahead and hosted the Staking app using all possible options.
Keeping Argonauts engaged & entertained
Talking about game-changers, this campaign, launched last month, has ignited the spark in our community & has brought in a lot of active members who have participated & contributed to the increased visibility of our brand. In addition, we have constantly been recognizing & rewarding the active Argonauts throughout the month & will continue to do so in September as well.
You can win $150 worth of $ARGO tokens if you do the following activities & tag us. So do participate & make this campaign an even more significant success for ArGoApp.
Look! who else is raving about us
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Reaching out to the developer community
We are focused on making a developer’s experience as frictionless as possible by making blockchain easy. Blockchain is the future & it doesn’t have to be time-consuming or complicated for developers to gain access to the New Web. Our mission is to bridge the gap between web 2.0 & web 3.0 developers, making decentralized blockchain easily accessible without too many programming codes. And this new initiative sits very close to our mission of introducing ArGoApp to the developer community & show them the possibilities of the decentralized internet.
Super excited to be educational partners with Polygon for their Polygon Grant Hackathon that started on 30th August 2021 and will continue till October 2021.
Our Top 5 Cryptocurrencies (August 2021)
Bitcoin’s price has skyrocketed as it’s become a household name. Five years ago, you could buy Bitcoin for about $500. As of August 2021, a single Bitcoin’s price was over $45,000. That’s the growth of about 8,900%.
Ethereum has also experienced tremendous growth. In just five years, its price went from about $11 to over $3,000, increasing roughly more than 27,000%.
Binance Coin (BNB)
Its price in 2017 was just $0.10; by August 2021, it had risen to over $419, a gain of almost 419,000%.
Cardano’s ADA token has had relatively modest growth compared to other major crypto coins. First, the price was only $0.02, but now, as of August 2021, $ADA is priced at $2.11. This is an increase of over 10,000%.
Arweave’s bearish market price prediction just a few weeks back was somewhere around $20 to $35, but in an unexpected turn of events, it is currently trading at $60+. Remarkable progress by the Arweave Team & kudos to all their supporters.
ArGoApp has started working on integrating ENS domains to direct users to applications stored on the permaweb. Stay tuned for this one!
What ArGoApp does
ArGoApp makes front-end web deployment easy, effective, and efficient through its blockchain-based platform that takes your web app to the DSNs (Decentralized Storage Networks). ArGoApp removes the hurdles of centralization and censorship through blockchain, ensuring that your web app is permanently deployed and experiences 100% uptime throughout its life.
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