Double-A Chain | Weekly Report №199(2022.2.7–2022.2.13)

— — This Week Market Trend — —

AAC trended upwards this week, with a rise of more than 40% within 24 hours and maintained around 0.009 through the weekend.

Week High: $0.009901

Week low: $0.006001

Price when writing: $0.009076

In the meantime, Bitcoin was like on the roller-coaster. The price went up and down several times and back to just under 42k.

Week High: $45825.96

Week low: $41420.01

Price when writing: $41902.05

— — Operational Progress — —

1. We are about to complete the non-technical part of the Double-A Chain’s white paper, and the first version is expected to be completed by March at the latest.
2. We launched a poll on “What do you think you’ll be buying more in February?” on our official Twitter this week. 37.5% of our community users voted to increase their Bitcoin holdings this month.
3. The programmability of EVM and the compatibility of smart contracts are under continuous development, which will significantly reduce the cost of developers and cross-chain migration in the future.
4. Our team is continuously improving the SDK. In the future, it can help developers integrate Double-A Chain’s excellent ecological tools into the developer platform to achieve the concept of a one-stop solution.
5. Please subscribe to our official announcements and community developments for more recent developments.

— — News — —

1. US Officials Seize $3.6B in Bitcoin From 2016 Bitfinex Hack.
2. Russia to Regulate Crypto, Dispelling Fears of Ban.
3. Crypto Fund Inflows Follow Pickup in Market Sentiment.

The new Double-A Chain will have better performance on Metaverse Web 3. To accelerate the growth of Double-A Chain market share and the number of users, our team has been working on NFT and Metaverse Web 3 technology accumulation for the past six months.

Now, Double-A Chain is about to complete the upgrade will fully support high-frequency and high-volume trading. On top of that, our team expects the chain to enter the Metaverse to create a Metaverse Web 3 ecosystem. At present, Double-A Chain has formulated a corresponding Metaverse Web 3 incubation and distribution plan. Our team is committing to launch a series of Metaverse Web 3 related applications when our Double-A Chain mainnet goes online.

— — Official Community — —

Twitter: https://twitter.com/DoubleA_chain

Telegram: https://t.me/Double_Achain

Discord: https://discord.gg/Pb8fjVwt4E