Greetings! As RSS3 continues to develop, we have experimented with lots of ways to communicate the progress of the project and also the work of the foundation. The RSS3 Weekly update has worked pretty well as it covers all the new things about the project. However, I've found the format a bit...distant. These updates worked more like announcements generated with machines (in fact they are hand-written lol) rather than a more of clean and mutual communication. Therefore, we've decided to change it into a monthly Foundation letter: For each letter, there will be information about developments of the network and ecosystem, some of the stuff done by the foundation, a simple comment from the foundation (most likely from me lol), and also something you can do to get involved with the whole RSS3 ecosystem. We expect these letters to be simple, clear, and insightful.
Now let's start with August.
The core metric that we are measuring now for the success of the network is "monthly monetizable calls". By definition, it means the amount of calls the network handles monthly that can be monetized (since the network is still free of gas with V1).
While the market stays "bearish" for Web3 and the general crypto market, we have been consistently making progress in terms of R&D and adoption. V2 was a bit delayed but still on track for being the foundation of all kinds of dApps in the future, and the MoE (AI) part of the network has been making good progress. Ecosystem wise, Tako is a project that we can work closely with so we decided to join in its first round. Marketing wise, we are focusing on more non-Web3 oriented events as they better help grow outside adoptions. All in all, it's still the best time for building. Looking forward to a fruitful next month.
Joshua and the RSS3 Foundation