Weekly Altcoin Update – Week 32 This week’s altcoin update wil | House Of Chimera

Weekly Altcoin Update – Week 32
This week’s altcoin update will focus on the Zilliqa NFT Ecosystem!

DeMons
DeMons is one of the promising projects that is launching on the Zilliqa ecosystem. The project consists out of hand-drawn NFTs, that are part of the DemonVerse. The project consists out of 5 different NFT races, of which two are publicly announced; GodZilliqas and CryptoApes. The project will utilize their native token $DMZ for utility and governance, NFT holders get $DMZ by just holding the NFTs.

XCAD Network
The XCAD Network is ramping up, and Q3 is going to be full of announcements and developments. The upcoming few weeks will be fairly interesting for the project in terms of adoption, integrations, and newly added features of the ecosystem. House of Chimera is looking forward to the upcoming weeks and will keep updating our community on the developments.

UFFS Sports
UFFS Sports is lately welcoming quite a few new athletes to their ecosystem. The project is actively partnering up with new partners, thus creating value for the project. The upcoming fantasy sale on Sept 10-12 is going to be a massive event for UFFS Sports, and hopefully, it will be as massive as the last fantasy sale event.

Zilliqa x PolyNetwork
The upcoming Zilliqa <-> ETH bridge utilizes the PolyNetwork tech, however, PolyNetwork has been a victim of a 600 million USD hack today. The Zilliqa team is actively monitoring the situation and is waiting for the story to unravel. We have asked Amrit about his stance on the current situation.

[“As the details around the exploit are still unclear at this stage, we are actively monitoring the situation. Until more info is released, it is difficult at this stage to comment on whether or not this will impact the upcoming bridge.]”

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