This week, building projects

Internet Computer Developments

• Dominic Williams (the founder of ICP) believes that Internet Computer is at the forefront of a distinct form of artificial intelligence, characterized by its transparency and evident openness.

• Jens Groth, a DFINITY researcher, and prominent cryptographer, is geared up to make a constructive contribution as a representative of the Internet Computer during the Ninth Global Blockchain Summit in Hong Kong.
• DFINITY has just announced a new opportunity: the Fully On-Chain with ICP Hackathon on devpost. With a total of $23,000 in prizes and a $40,000 Developer Grant.
• DFINITY announced an opportunity to join daviddalbusco in the Building Dapps at Lightning Speed workshop, featuring junobuild and the InternetComputer.

• DFINITY reported that 5,769 distinct ICP NNS wallets have participated in SNS swaps, showcasing the strength of community-driven transformation.
• DFINITY announced the release of open-source TLA+ models, along with a technical tutorial designed to assist in mastering the creation of bug-free canisters.

Dfinity Community updates

• ICP.Hub Indonesia announced its preparations for a captivating upcoming event set in Bali. The team is actively co-organizing soulbound2023. The event is taking place from August 22nd to 26th.
• The team behind @RiideDapp is harnessing the capabilities of ICP’s advanced smart contracts and canisters to drive their inventive mobile application.
• distriktapp marks a remarkable achievement of 1 million posts, 540k comments, and a plethora of digital memories all securely stored on the Internet Computer.
• RuBaRu app celebrates a milestone as an OG dev reviewed their new on-chain CDN for images/videos. This empowers the CreatorEconomy, ensuring data sovereignty on ICP.
• The DFINITYDev revealed that fresh NNS proposals simplifying SNS launches will be presented on August 25 for community voting.
• Sonic is undergoing a transformation with a dynamic rebranding and an updated logo. Anticipate a revamped website, improved swaps UX and exclusive early access to experience perpetual contract trading in September.
• Modclub announced the launch of their decentralized swap. Following a prosperous swap, the Modclub platform is set to evolve into a DAO, all fueled by the Internet Computer.

Crypto news in a nutshell

• Atomic Wallet is currently confronting a lawsuit in relation to losses exceeding $100 million from a crypto hack. Plaintiffs in a class-action suit allege that Atomic Wallet failed to communicate information.

• In Dubai, UAE’s tech firm Bedu is championing the AI revolution with its ‘AI Builder Tool,’ catering to individuals, organizations, and enterprises for crafting digital experiences.
• Moxy.io is leading the charge in embracing adoption and propelling the evolution of Web3 gaming. In a crowded Web3 gaming landscape, this new approach suggests that industry participants must move past tokenizing Web2 components to stay competitive.

• Former OpenSea manager, Nathaniel Chastain, has been sentenced to three months in relation to insider trading involving NFTs. Chastain’s role included selecting tokens for OpenSea’s homepage.

Internet Computer’s NFT summary

• ICPRenegades is now exclusively on Yumi MarketPlace.
• Quad driver NFT recently sold for 200 ICP ($749).
• Internet Computer is a prominent sponsor of Lugano NFT Fest.
• The Internet Computer had about $3,460 in NFT sales in a single day recently.