Our weekly updates are put together by folks deep in the crypto scene, giving you a clear picture of what's happening without overwhelming you.
To Watch This Week
AIRDROPS + ALPHADec 19, 2024
Gaming
Everything You Need to Know About the ‘Tomarket’ Telegram Game Airdrop
Prominent Telegram crypto game Tomarket will launch its TOMA token on the Aptos network this week, following a late-breaking shift from The Open Network (TON). It’s almost time for players to reap what they have sown in the tomato-themed game, as the token is set to start trading soon. Tomarket has split its airdrop into at least three events. One already took place on October 31, but users could not withdraw or trade their tokens—this was more akin to revealing token allocations ahead of the ai...
Dec 19, 2024
Business
Aptos Labs Founder and CEO Mo Shaikh Steps Down
Mo Shaikh, a co-creator of the Aptos blockchain and co-founder and CEO of the Aptos Labs firm that helps support it, announced Thursday that he's leaving the company to focus on a "new chapter." "Today, I am stepping away from Aptos Labs to start a new chapter," Shaikh wrote on X. "One of my true passions lies in building companies from the ground up, and we have done that at Aptos Labs by building a world-class team." "I leave Aptos Labs with the utmost confidence in the team," he continued, "a...
Dec 13, 2024
Gaming
‘Tomarket’ Telegram Game Dumps TON for Aptos Ahead of Token Launch and Airdrop
Tomarket, a popular Telegram game playable on the messaging platform as a mini app, is ditching its original plan to launch its token on The Open Network (TON) and will instead deploy TOMA on rival layer-1 network Aptos. With 50 million total users and 6 million daily active users, Tomarket will launch its TOMA token on December 20, with an airdrop to players who met certain criteria within the game. Tomarket has handed out allocations of tokens across multiple airdrop waves, but players have be...
Oct 2, 2024
Markets
Franklin Templeton Expands Blockchain Fund to Aptos
Wall Street titan Franklin Templeton has put its Nasdaq-listed On-Chain U.S. Government Money Fund (FOBXX) on a new blockchain: Aptos. The asset manager said Wednesday that the move was a "massive step in the right direction" to "innovate in the name of a truly decentralized and accessible financial future." Aptos is the blockchain behind APT, the 30th-biggest digital coin by market cap. Its network was founded by part of the team behind Meta's failed Diem project. Developers can use the blockch...
Sep 10, 2024
Gaming
'Castile' Launches Beta on Aptos as Developer Nytro Lab's Funding Hits $25 Million
Roguelike role-playing-game (RPG) Castile launched its monthlong open beta today alongside a rewards campaign that will see 10 million CAST handed out before the token actually launches. This comes as the developer of the game, Nytro Lab, pushes its total funding to $25 million with a fresh $8 million in investment. The Aptos-based game blends the core roguelike loop—that is, fighting through dungeons to level up and gain resources—with RPG elements, while also allowing in-game cards to be trade...
Aug 1, 2024
Coins
Aptos Foundation and OKX Ventures Launch $10 Million Growth Fund
OKX Ventures, the VC arm of crypto exchange OKX, and Aptos Foundation, the organization behind the Aptos layer 1 blockchain, have launched a $10 million ecosystem growth fund. The initiative aims to accelerate the growth of the Aptos blockchain ecosystem and promote widespread adoption of Web3 technologies. The fund will primarily support an accelerator program, operated in partnership with Ankaa, focusing on nurturing quality projects and applications built on the Aptos blockchain, the companie...
Jun 20, 2024
Business
NBCUniversal Will Continue Building on Aptos via Long-Term Agreement
Entertainment giant NBCUniversal launched multiple blockchain-based projects on Aptos last year, and now has agreed to a long-term partnership with Aptos Labs to continue building fan experiences and games based on its IP via the network. The firms exclusively shared the news with Decrypt on Thursday, describing it as a multi-year alliance and a “long-term strategic development agreement” that will see Aptos Labs assist the media juggernaut as it continues to explore blockchain-based apps, games...
May 28, 2024
Gaming
‘Tickle-to-Earn’ Cat Game Prompts Massive Spike in Aptos Transactions
The blockchain tracks each and every time you tickle the digital cat. Aptos, a layer-1 blockchain network, logged two consecutive days of huge daily transaction tally gains—and it was all thanks to a “tickle-to-earn” cat game. On Friday, Aptos recorded over 90 million transactions, followed by over 115 million transactions on Saturday, according to data from Aptoscan. Here’s some perspective: On Wednesday, Aptos processed 875,000 transactions, while Ethereum, according to Etherscan, processed ju...
Mar 15, 2024
Gaming
Aptos GameStack Eases Crypto Game Development—With Google Cloud's Help
Aptos Labs, the core development team behind the Aptos blockchain, has announced the launch of Aptos GameStack, a development suite to help creators launch games that take advantage of crypto and NFTs. And it’s rolling out in collaboration with Google Cloud via a partnership meant to benefit live service games that can use its cloud infrastructure. Aptos GameStack integrates Google Cloud's solutions in data, analytics, and artificial intelligence/machine learning with Web3 game tools such as dev...
Feb 16, 2024
Technology
Aptos Joins Crypto Smartphone Race With JamboPhone
Blockchain network Aptos has thrown its hat into the crypto smartphone ring, announcing a deal with affordable smartphone manufacturer Jambo. The collaboration will build on the launch of the JamboPhone, a $99 smartphone that's designed to "unlock the digital economy for users in Africa, Southeast Asia, and Latin America," according to a press release announcing the news. Launched in January and available in more than 40 countries, the Jambophone comes bundled with pre-installed applications inc...
Dec 12, 2023
Markets
Bitcoin Is Down—But These Altcoins Are Soaring
Bitcoin is down by roughly 1% today after having retraced to just above $41,000—erasing some of those bullish gains earlier this month. But there is still major altcoin action in the markets. The Aptos blockchain's native APT is now trading for $8.91 per coin, according to CoinGecko, having jumped by more than 15% in 24 hours. The surge comes following the unlocking of 24.8 million APT tokens today—worth over $200 million—which were distributed to early investors and core network contributors. T...
Nov 20, 2023
Gaming
A Bunch of Games Are Migrating to Aptos via READYgg
Several existing games and gaming platforms are set to integrate NFTs in various ways via the Aptos network, thanks to a new collaboration between Aptos Labs and crypto gaming platform READYgg. At least four games or social gaming platforms are expected to launch their Web3 elements on Aptos by the end of the year. READYgg said that it has signed more than 20 Web2 game publishers to add blockchain elements to their games. Confirmed titles include dungeon crawler RPG Runestone Keeper (PC/iOS/Andr...
Aug 10, 2023
Coins
Aptos Futures Demand Hits 3-Month High as Traders Rush to Short APT
Market trends suggest investors are taking a bearish view of Aptos. The open interest (OI) volume for APT futures, representing outstanding futures orders in the market, surged to a three-month high above $160 million this morning, per Coinglass data. This increase in APT price and OI volumes follow a new AI partnership with Microsoft on Thursday. Aptos, a layer-1 blockchain platform, emerged as a spin-off from Facebook's–now Meta–crypto project, Libra, which launched on October 12, 2022. Throu...
Aug 9, 2023
Business
Microsoft AI Integration Sends Aptos Token APT Soaring 13%
Aptos is one of the best-performing digital assets after Microsoft announced it was partnering with the developer behind the blockchain. Aptos Labs said in a Wednesday statement that it was joining forces with Microsoft in a multiyear partnership to expand global Web3 with Microsoft’s Azure OpenAI Service and Aptos blockchain technology. Aptos—which trades as APT—is currently up 13% in the past 24 hours, making it the second biggest gainer in the past day. It is priced now at $7.51, according to...
Jul 11, 2023
Games
'Gran Saga: Unlimited' Is a Promising MMORPG Launching on Aptos
While still in development, Gran Saga: Unlimited is shaping up to be a massively multiplayer online role-playing game (MMORPG) for PC gamers that rivals other blockchain titles of the genre with its appealing fantasy world, anime-style characters, and robust questing system. Inspired by Npixel’s Gran Saga franchise that’s popular in South Korea and Japan, Gran Saga: Unlimited (GSU) from Korean studio Metapixel is an alternate-reality version of its predecessor. While Gran Saga itself has not ye...
Jul 4, 2023
Coins
Aptos Jumps 10% Overnight as South Korea Trading Volumes Spike
Aptos (APT) topped crypto market gains on Tuesday at 10% amid a surge in trading volumes in South Korea; the token was last trading at $8.15, per CoinGecko. Bitcoin's (BTC) positive price action above $31,000 yesterday has likely added to the positive sentiment. Ethereum (ETH) buyers are also attempting to move past resistance between $1,950 and $2,000. An anomaly in trading volumes might explain the latest APT price surge. Korean crypto exchange Upbit captured the maximum share of trading volu...
Feb 22, 2023
Business
Building on Aptos? There's a New Web3 Accelerator for That
The Aptos Foundation and web3 investor and accelerator Outlier Ventures have partnered to launch a new Web3 accelerator. The Aptos Foundation works to promote the growth of the layer-1 blockchain Aptos, by building its network and developer ecosystem. The in-person program, running out of Palo Alto, California, is set to provide early-stage crypto startups with mentorship, education, and $100,000 in funding. Teams using Aptos’s Move language across use cases for DeFi, NFTs, and infrastructure pr...
Feb 8, 2023
Long Reads
Aptos Plans Network Upgrade, 'More Clarity' Around Token Distribution
In many ways, the crypto bear market adage about building has been ideal for Aptos. It took focus off the blockchain’s tokenomics, which drew a lot of criticism for being unveiled the day after its mainnet launch in October. A common refrain on Twitter at the time was that after raising $350 million at a valuation of more than $4 billion, Aptos should have been quicker to share details about how its native APT token had been distributed. Now, after months of hosting hackathons and securing partn...
Feb 2, 2023
Coins
Aptos Labs Awards $50K Grant for Blockchain in Higher Education
Despite a harsh crypto winter that has brought several industry names to ruin, blockchain technology continues to thrive in education. Aptos Labs, the company behind the blockchain of the same name, announced a $50,000 grant award on Wednesday to Professor Lorenzo Alvisi of Cornell University in New York. Alvisi, who earned his Ph.D. from Cornell in 1996, teaches computer science and conducts research into distributed computing and game theory. “We are delighted to support the work of Professor...
Jan 25, 2023
Coins
What's Going On With the Price of Aptos?
No cryptocurrency or token has climbed more in the past day or week than Aptos, according to CoinGecko. The Aptos blockchain’s native coin, APT, has more than doubled its price in the past seven days and climbed 47%, to $18.46, in the past day alone. Since the start of the year, Aptos has soared 350%. Why? It's difficult to pinpoint a precise reason, but data shows that about half of APT’s $2 billion volume in the past day has come from the South Korean won trading pair on Singapore-based exchan...