Updates | Parami Bi-Weekly (Feb. 7- Feb. 21)

Parami Protocol
2 min readFeb 21, 2022

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Technology Progress

  1. Meta Astro ERC-721 NFT, main net launch campaign
  • Draft version design finished
  • Planet collision UI enhancement
  • Split contract & optimize contract size
  • Dutch auction supported on prime versions

2. Official Website

  • Draft version of new official website

3. Crowdloan

  • Draft version of crowdloan site

4. Parami

  • Chain

a. Discord SNS binding support

b. Staking reward withdraw algorithm change: from ‘send to every staking owner at the beginning of every block’ to ‘withdraw manually by owner’

c. Advertisement drawback algorithm change: from ‘withdraw all invalid advertisements at the beginning of every block’ to ‘withdraw 100 advertisements a block’

d. ad. payout algorithm optimize: mark as invalid if remaining budget is not enough for the next minimum ad.payout

e. Refactor: remove ‘take zero as a special storage key’, replaced with ‘separate storage’

5. User Interface

  • PCAP file presentation optimized
  • Feedback optimized when users have received rewards from a specific advertisement
  • Fixed ETH signature bug in wallet connect 1.0

6. Documentation

  • Add more docs on parachain connection

7. Solution Review

  • Homomorphic encryption solution discussion on Parami’s view-reward use case
  • Anti-raise-multi-small-account discussion on Parami’s PCAP rating algorithm

Social Media

  • Twitter: 87.3 K+ followers (As of Feb. 21, 2022)
  • Telegram (English):82K+ Members (As of Feb. 21, 2022)
  • Discord:761 members (As of Feb. 21, 2022)

About Parami Protocol

Parami Protocol is to build AD3.0 for Web3.0. Parami vehicles the social DAO(decentralized Anonymous Organization) for advertisement distribution and traffic aggregation. Advertisers bid and pay for social NFT owned by both influencers and DAO members, which can monetize social impact and loyalty. Integrated to mainstream IM apps, Parami Protocol allows common netizens to readily cash in their attention instead of being exploited. Parami, the easy-to-use, contribution-rewarding, breach-proof gateway into the meta-universe of web 3.0.

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