Quantstamp Community Update - November 2021

What’s Trending

🎨 The NFT space continues to grow, with sales expected to hit an incredible $17.7B by the end of the year.

📈 Ethereum layer 2 platforms are also setting new records, with total value locked (TVL) remaining well over $5B at the end of November.

📜 History was also made in November when Sotheby’s auctioned off a copy of the U.S. Constitution for $43 million. While those who were part of the rapidly-formed ConstitutionDAO were unsuccessful in winning the auction, it did draw attention to the potential of DAOs when it comes to organization and crowdfunding.

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Notable Audits

🦔 Hedgehog Markets: A no-loss prediction market on Solana.

💧 IDEX: A hybrid liquidity DEX, combining a high-performance order book with AMM.

🐎 Saddle Finance: An AMM for swapping low-slippage pegged assets such as tokenized Bitcoin and stablecoins.
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Meet the L2s in the Race to Scale Ethereum

Scaling is crucial for Ethereum to reach its full potential. With over $5B TVL in the layer 2 landscape, we profile some of the solutions leading the way.

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The Mainstream Companies Exploring Crypto

Mainstream adoption of cryptocurrency and blockchain technology is happening now! In this recent post, we explore how companies like Visa, Stripe, Christies, the NBA, and even Budweiser are entering the fold.
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Dapper Labs Catapults Blockchain Into the Mainstream

In this recent post, we feature Dapper Labs, a Quantstamp client that has successfully developed NFT platforms for sports leagues like the NBA and now aims to bring DAOs to the mainstream.

World Economic Forum White Paper Series

World Economic Forum recently released a white paper series that was co-authored by Sebastian Banescu, Senior Research Engineer at Quantstamp. The Digital Currency Governance Consortium white paper series aims to equip policymakers with information around central bank digital currencies (CBDCs) and stable coins.

Events

🛠️ Hackatum: Thank you to everyone who joined us for Hackatum on November 19-21. Quantstamp was honored to participate and were pleased to see that this year saw a record-breaking number of submissions.

🛡️ Formal Verification in the Ethereum Ecosystem: On November 16, Jan Gorzny, Blockchain Researcher at Quantstamp, presented on a panel about "Formal Verification in the Ethereum Ecosystem.” The event featured a number of talks and panels about formal verification, formal methods, tools, and how to get started formally verifying your code. 

🎶 0xFest: Quantstamp was proud to sponsor 0xFest at the beginning of November, along with an amazing lineup of sponsors. Thank you to everyone who joined us for this fantastic evening of NFTs, social impact, and music.

🎨 #BYONFT: We celebrated NFT.NYC with Infinite Objects, Punks DAO and more at the historical Blockchain Center. Attendees were treated to live jazz and hands on with a limited run of XXL Infinite Objects displaying fresh releases by artists and collectors in the community.

Keep up with Quantstamp

Follow us on LinkedIn, like us on Facebook, check out our Github, follow us on Twitter, join the conversation on Reddit, subscribe to our Youtube Channel, or sign up for our newsletter. 

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Note: This update includes information and forward-looking statements about upcoming events and concepts under continuing development. Schedules, features, and functionality are subject to change or cancellation at any time and you are not to place undue reliance on this information or any forward-looking statements.