Update — New KYC Partnership, Lower Barriers to Entry, Upcoming FinTech Event in London
You’ll be glad to hear that we will be releasing v.02 of the Plutus Tap & Pay BETA on Monday the 13th November. But before that, we’d like to start you out with a recap. Here is a quick heads up on the last week of Plutus.
We’re proud to announce that Plutus has partnered with leading KYC compliance and screening technology firms Onfido and ComplyAdvantage to streamline the on-boarding experience by providing faster and more convenient KYC/AML verification.
More importantly, we have also lowered the barrier to entry. This means that anyone will be able to purchase small increments, for example £100 worth, of digital currencies through the PlutusDEX using only simple e-mail and text message verification.
This also applies to Plutus Tap & Pay, where you will be able to deposit up to £100 or €100 of Pluton, Bitcoin, and Ethereum to add balance on your account.
Right now the team is working at full capacity, and once the PlutusDEX is publicly released and has reached workable volume, community founding members will be set to receive their very own Plutus Debit Cards. The product release dates will be announced in due course.
Visit Plutus at Fintech Connect Live
Visit our booth on the 6th-7th of December at the FinTech Connect Live conference in London’s EXCEL. Our prodigious CTO Martin will be showcasing a live demo of the PlutusDEX and Tap & Pay during his presentation to a sizable FinTech audience. Best of all, this is the largest conference of its kind in the UK, and completely free to attend. See you there!
For those that are always looking for more news and information, here is a short summary from our most recent AMA on Wednesday 8th with Martin (CTO), Filip (CCO), and Nick (Community Support). If you have your own questions, then join us on Telegram next Wednesday: http://t.me/plutus_group
We are currently in the late stages of third party service integration and testing of the PlutusDEX BETA. As soon as we are satisfied with our security audit, we will be able to officially announce a public release date for the PlutusDEX, which will then be closely followed by the launch of Plutus Tap & Pay app and the Plutus Debit Card.
With regards to our marketing efforts, they are already in play and planned in tandem with our product release. Furthermore, Plutus is currently looking to expand its team in key positions to address this. It is our strategy not to rush or hype expectations before our customers can interact with a stable and reliable Plutus application.
We would also like to clarify questions about Plutons. Namely that Plutons were created as a loyalty reward token for users of the Plutus Tap and Pay app, they were not created for the purpose of being a speculative token.
Plutons are priority and loyalty tokens that enable our customers to use the service with 0% fees and instant deposit confirmations. We want to reiterate that Plutus does not and will not initiate contact with third party services for listing that may encourage speculation.
Please note that because PLU is a decentralised token, any service can integrate Pluton support easily using publicly available information without our consent, especially if they already support other ERC20 tokens.
Thanks again for all your continuing support.
P.S. Why not join our community on Telegram? http://t.me/plutus_group
Sincerely,
Plutus
