xcm

ChainCatcher news, construction machinery manufacturer XCMG announced BAYC #3489 as its metaverse ambassador at the CONEXPO-CON/AGG construction machinery exhibition in Las Vegas, USA, and launched its Web3 exploration linkage plan. (Source link)

ChainCatcher news, at the Polkadot Developer Conference Sub0, Polkadot co-founder and Parity Technologies architect Gavin Wood announced the development plans for Polkadot in 2023 and beyond, focusing on the cross-channel and cross-consensus messaging protocol XCM, as well as a new agile and more decentralized network governance process OpenGov. (Cointelegraph)

Chain Catcher News, Polkadot recently announced that the decentralized application XCM DOT Autostake, developed by a team called Entity 54, won the grand prize at the Polkadot North America Hackathon. Polkadot also announced 18 other winners among the 1,137 participants in the hackathon.XCM DOT Autostake aims to simplify the DOT staking process, guiding users to stake DOT from parallel chains to Polkadot's DeFi hub, Acala, through a compact interface. Entity 54 stated that their project addresses the issue of users having to manually manage their DOT assets across multiple parallel chains when staking. (Forkast)