The month of September was a productive month for the Umbrella Network.
Umbrella Network experienced expansive progress in;
- Community Growth
- Partnerships & Recognitions
- Chain Activity
Below is a review of the notable activities that took place in the Umbrella Decentralized Oracle Network.
COIN98 ANALYTICS RECOGNITION
Umbrella Network recognized by Coin98 and coming 6th in the number of partners recorded for Oracle projects with OVER 36 PARTNERS.
The data speaks for itself with Umbrella Network.
UMBRELLA NETWORK ROAD MAP UPDATES
Exciting things are set to be accomplished in the present and future of Umbrella Network.
- Umbrella Blockexplorer Launch will be live
- Advanced Options pricing
- Ethereum Mainnet launch
- Token Bridge and more exciting updates are set to be achieved before the 3rd Quarter 2022.
NO.9 ON TOP 15 PROJECTS
Umbrella Network came 9th on top 15 Projects with a market cap under $25,000,000. This shows that early investors and diamond hands are welcome to get in early on the Decentralized Oracle leading project.
UMBRELLA SPONSORS ETH ONLINE
Umbrella Network sponsors ETH ONLINE event to help smart minds build on the Ethereum Chain.
UMBRELLA PARTNERS WITH IX SWAP
Umbrella Network will provide real-world data to IX SWap liquidity pools, Automated Market Makers, options, stock prices, etc. This further effectuated the DeFi use case for Umbrella Network on multi chains.
Security Tokens and tokenized stocks of private assets need reliable data regarding capital, compliance, and other factors. Umbrella Network fills this gap for IX Swap as a decentralized Oracle using the Merkel Tree Architecture for data fetching and processing.
UMBRELLA NETWORK ANNOUNCES
Umbrella Network announces integration into the Cardano Ecosystem. This integration enables Umbrella Network to supply consistent and comprehensive data to the Cardano ecosystem efficiently.
AMA WITH JOHN CHEN
The Monthly AMA with Head of Marketing John Chen brought community and investors up to speed on the developments in Umbrella as well as the future activities in line with the Roadmap.
COMMUNITY VALIDATOR PROGRAM
Umbrella Network announces their Community Validator Program where anyone with a running cloud or web server can apply and join Umbrella in this step to becoming truly decentralized.
UMBRELLA ON KUCOIN
This was a highly anticipated list by the community and a well-achieved feat.
Umbrella Community grows on Telegram and Twitter to 30k and 40k respectively.
UMBRELLA NETWORK ACQUIRES LUCIDITY
Lucidity offers a better approach to advertising for organizations and brands without wasting resources.
Apart from Umbrella’s acquisition of Lucidity being an already productive move, the community council was involved in the decision-making.
This acquisition makes Umbrella Network the highest transaction volume of Oracles in the world.
MONTHLY TABLE TALKS
As is the custom, the Umbrella team had UMB Table talks to help everyone keep up to date with Umbrella’s developments.
There you have it!
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