2018 End of Year Update to All Coinvestors
As we close out 2018, I’d like to thank each and every one of you for your efforts and continued dedication to Coinvest. I wanted to personally take the opportunity to provide an update on the status of the Coinvest product launches as well as recap our progress for the year.
Coinvest V2 Update and Coinvest Plus Product Launch Update
As many of you are already aware, Coinvest V2 includes the upgrade and release of our decentralized investment trading market, where you can invest in multiple digital assets using only our native COIN. This will be a software update to our already release Coinvest Wallet that many of your are already using today. Meanwhile, Coinvest Plus is our secure exchange for digital assets. While both products were slated and could have been released in December, we made a conscious business decision to hold off on launch until after the new year.
With the significance of each platform and our dedication to excellence, we did not want to risk providing an experience that was less than your expectations. This includes, but is not limited to, security, performance, optimization, support, and more. For the past few months, our team has been working long days and nights. As a result, each team member deserved sufficient time off to relax, refresh and spend time with their loved ones for the holidays. Therefore, it made little sense for us to release during a period where our small team would be exhausted, understaffed, etc. With that, we will be releasing both platforms in January of the new year.
We started off the year with a team of three and have grown to over fifteen full-time employees. We raised funds and maintained the best of compliance in a regulated landscape that has a lot of grey area and continues to evolve. We are near the launch of three major products in an industry that has demonstrated a lack of execution. We maintained a focus on engineering in a down market while others focused on marketing, speculation, and bad behavior… We are on pace to achieve revenue in less than one year of raising funds.
What has been only twelve months, has felt like sixty. This year certainly hasn’t been easy as we were met with challenges that tested our adversity, patience, and will power. We faced these challenges straight on and in all cases, either conquered them or took those as learning opportunities to better ourselves for the future.
Looking ahead, 2019 will be no different. Our next set of milestones will require even more discipline, dedication, and a focus than before. It will require a new playbook and restructuring of the three core tenets of a successful organization: People, process, and technology. As we define our milestones for 2019, our business will need to evolve and be inclusive of new objectives, roles, and responsibilities. In the next few weeks, I will be outlining these changes and our path forward with our team and the full Coinvest community.
With that, I’d like to take the opportunity to thank each and every one of you again for your support. From our team members, community supporters, token holders, and more… Please take time to rest, refresh, and spend time with your loved ones. 2019 is a pivotal year for Coinvest and I look forward to what we will accomplish together. Cheers!
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