⚡ TFC Newsletter: 01/04/2023

Starbucks Web3 Loyalty Program Update, Turkey Using Blockchain, Coinweb, Web3 Blogging, Encrypted User Forms, DeFi Aggregators, and more!

Author

ToolsForCrypto Admin
January 04, 2023

💡 Intro

We told you we’d keep you all updated on the Starbucks Web3 Loyalty Program as it progressed, and we’re here with the first update!

Starbucks Odyssey has major potential to bring new people into Web3 as Starbucks is such a large mainstream brand. While it’s currently in closed Beta: users have been sharing their thoughts on Twitter.

Todd bishop, co-founder of GeekWire wrote a post his experience with the Beta so far that is very insightful and worth reading.

Some points worth knowing:

  • Very few NFTs are even listed for sale, and the price of the free NFTs have held steady around $200

  • There are multiple ways to earn the NFTs: from daily trivia challenges, to taking virtual tours of coffee farms, to daily visits to local Starbucks chains

  • The main focus of Starbucks Odyssey is a series of journeys, each involving a series of tasks of varying difficulty.

  • The program combines tasks you’d normally do (buying coffee daily) with brand new experience (metaverse themed tours, quizes, etc)

The full experience is in this tweet’s article and is worth reading:

Following up on yesterday’s China Blockchain Marketplace story yesterday: Turkey also announced they’re adding blockchain tech.

E-Devlet, Turkey’s digital government portal that offers access to public services, will integrate a blockchain-based digital identity to verify Turkish citizens.

From the Vice President of Turkey:

“With the login system that will work within the scope of the e-wallet application, our citizens will be able to enter the e-Devlet with a digital identity created in the blockchain network,” the vice president said.

Full story is in this Cointelegraph article:

  1. Web3 Education platform DeSchool raises $15M from Y2Z Venture, Plancker initiator Hu Donghai, SeedAO promoter Tang You, SeedAO initiator White Fish and Unipass founder - Linked announcement on their Mirror Profile

Welcome to TFC’s daily newsletter! Thanks for subscribing, we’re working hard to give you the best info on the most exciting crypto products.

If you’re a builder, investor, or crypto enthusiast, this will benefit you!

Note: Do you have a product or tool you’re building? Have one you’d suggest? DM us on twitter! We’re always happy to feature products from the TFC community.

Coinweb

"Cross-Chain Computation Platform"

Type of Product: Blockchain Tech

Purpose of Tool: Coinweb is a decentralized cloud platform that allows users to access Blockchain technologies and liquidity. It has several key features that make it stand out.

BMW is using Coinweb for their new loyalty program (one of the stories we covered yesterday) so wanted to give a brief intro to the platform here.

  • Coinweb's Reactive Smart Contracts have their own wallets, which means they can continuously monitor, move, process, or synchronize data between blockchains without requiring external payments. This makes them more efficient and reliable.

  • Coinweb's Delay Graph helps to remove the threat of reorganizations by delaying the transmission of information to other blockchains. This helps to ensure the reliable synchronization of data across multiple blockchains.

  • Coinweb's Inchain Architecture allows developers to shard (break up) different components of an application and spread them over different blockchains and the decentralized Coinweb processing layer. This helps to optimize the performance of the application and make it more scalable.

Team / Funding / Backers / Other Info: BMW has partnered with Coinweb to develop and introduce blockchain solutions into BMW's operations in Thailand. The focus will be on developing a smart contract platform to speed up the process of financing BMW vehicles and implementing an Anti Money Laundering/Know Your Customer tool.

BMW also plans to develop a blockchain-based loyalty program to reward customers with products and services based on their rewards accumulation. Coinweb will use Bnb Chain as the anchor chain for these transactions, but the transactions will also be made available on other blockchain platforms if needed.

  • Toby Gilbert | CEO

  • Knut Arne Vinger | CTO

  • Andrew Chilcott | CFO

Sigle

“Web3 platform for Web3 writers"

Type of Product: Web3 Blogging

Purpose of Tool: Sigle is an open-source blogging platform that is focused on protecting user privacy. It is built on top of the decentralized Stacks protocol and allows users to store and lock their writings on the blockchain.

  • Sigle allows users to focus on writing and sharing their content rather than worrying about technical issues. The platform offers a range of features that make it easy to share, subscribe, follow, and comment on content, as well as discover new writers.

  • Sigle also offers a unique monetization model that allows readers to support writers by locking up Stacks tokens and giving their Bitcoin yield to the writers. This allows writers to monetize their content without requiring readers to spend their principle. Sigle also offers a traditional subscription model, which allows readers to support writers on a monthly basis.

Team / Funding / Backers / Other Info: Sigle raised half a million dollars through the sale of 2500 non-fungible tokens (NFTs) based on an interview with Ben Jones last January 2022.

  • Quentin Saubadu | Co-Founder

  • leopradel .btc/.eth | Co-Founder

DefiLlama DEX Aggregator

“Open and transparent DeFi TVL and analytics."

Type of Product: Aggregator

Purpose of Tool: DefiLlama is launching a meta DEX aggregator that allows users to get the best price from eight different aggregators, including 1inch, matcha, paraswap, and cowswap. The aggregator compares quotes and gas costs from different DEXes and allows users to choose the best option.

DeFiLlama is a top DeFi resource and just yesterday: they launched this aggregator.

  • DefiLlama charges no fees, so users get the same result as if they had swapped directly through an aggregator's UI.

  • DefiLlama also takes care to independently verify quotes and gas costs to ensure that all information is accurate.

  • It offers a private mode that prevents aggregators from linking a user's wallet address and IP by routing all queries through DefiLlama's server, which does not store any IP data.

  • Users also have fine-grained control over approvals, allowing them to choose whether to approve infinite swaps or only what is needed for a single swap.

Other UX improvements include the ability to see which aggregators a user has already approved and a search box that allows users to find the token pair they are looking for in a single search.

Team / Funding / Backers Info / Transaction Amount: The meta DEX aggregator recently launched yesterday on January 2nd, 2023 by DefiLlama. DefiLlama's DEX aggregator is available in 22 different chains.

DeFiLlama is used across a large number of media organizations and financial institutions. These include CoinGecko, Bloomberg, Business Insider, Morgan Stanley, CoinMarketCap, Coindesk, Yahoo! Finance, Decrypt, Wall Street Journal, and much more.

BlockSurvey

"Private, Secure, and Anonymous Surveys"

Type of Product: Web3 Forms and Surveys

Purpose of Tool: BlockSurvey is a digital rights platform that enables users to have ownership of their account, identity, and data. It uses end-to-end encryption to protect user data and prevent data breaches, leaks, and trust issues. The platform is built on BlockStack's Blockchain and has a modern, privacy-focused design system.

  • Users have the option to go anonymous while answering surveys, allowing them to share their answers without revealing their identity.

  • It’s end-to-end encryption ensures that user data is safe and secure, with only the user able to unlock it to read it. The modern design system makes the process of designing and taking surveys enjoyable.

  • BlockSurvey offers advanced analytics that allow users to quickly gather insights from their data.

Overall, BlockSurvey is a valuable tool for protecting user data and gathering insights through surveys. Its benefits include anonymous answering, end-to-end encryption, a modern design system, and advanced analytics.

Team / Funding / Backers / Other Info: BlockSurvey recently launched its version 4.0 on December 22, 2022. As part of the said launch, members can create surveys and gated forms for whitelists, waitlists, and airdrops on the Stacks network.

  • Wilson Bright | Founder

  • Harini Anantha Rajan | Blockchain R&D Engineer

  • Sarath Shyamson | Builder

How was the newsletter today? Your feedback helps me make this great.

Anything you want to see? Fill out this form and let us know!

Disclaimer: None of this is to be deemed legal or financial advice of any kind. Always DYOR!