April Company Update: Trading Bot, MVP, Podcast & More

Progress, progress, progress. What looked like a slow month from the outside, was actually a pretty busy month on the inside. We are getting it done!

We are excited to share with you what we have been working on in April. There are some important updates we are excited to share with you that bring us closer and closer to our end-product.

Summary:

  • Trading Bot
  • Legal
  • Celebrity & Influencers
  • Whitepaper
  • Podcast
  • MVP
  • Corporate Website
  • General Marketing & Business Dev.

Trading Bot

In April we have put more focus on the development of our trading bot. The strategy has been tested on lower volatile assets like the Apple stock. On our backtesting, we did 300% YTD trading $AAPL.

Once we have completed a full backtesting run on a few stocks, we ran the strategy on $BTC and with a few tweaks turned out to be profitable.

198% ROI
2% — 4% daily avg

Past performance does not guarantee future performance. Historical returns, expected returns, and probability projections are provided for informational and illustrative purposes, and may not reflect actual future performance.

Legal

The legal team has been working hard to make sure PlutusX is legally ready to go for the ICO and other endeavours. In April, we got our certification for a C-Corp. and are now functioning like a public company.

Our next step is to file for form 503(c) which will allow us to start accepting funds from accredited investors for our pre-sale.

Additionally, our legal team has devised a proprietary solution for the SEC/CFTC problem pertaining to security and utility tokens, respectively. Our ICO (as of writing) will be the only company to implement this solution. We are excited to announce the solution once complete.

Celebrity & Influencer Negotiations

Chris our celebrity manager has been negotiating with multiple celebrities and influencers that will help us create more awareness for our product. These deals need to be approached strategically to make sure we reach the right audience and stay within the right legal scrutiny.

We have reached out to multiple influencers which fall under these categories:

  • Crypto influencers & traders
  • Celebrities

Unfortunately, we can’t give out names yet until we are done negotiations.

Whitepaper

As many of you know, we have completed our whitepaper and it is ready to be published. Before we do release it though, we need to make sure everything on the legal side is ready to go and our legal team gives us the green light to publish our whitepaper.

The whitepaper is 70+ pages and goes into more detail about our ecosystem. It also goes deeper into the technology of our platform.

Podcast

We have launched our very own podcast with the goal of it being an engaging and conversational podcast about blockchain technology, cryptocurrencies, investing, banking & more related topics. Sometimes we dive deeper into our platform too!

Listen in and join our mission to reinvent the way banking is perceived using decentralized tools and technologies.

Listen on Apple iTunes

Listen on Google Play Music

For content suggestions or guest speakers feel free to email us at hello@plutusx.com or talk to us in the community chat!

In addition to podcasts Angel will be releasing a tutorial teaching viewers how to build their own trading bot too.

MVP

Our MVP is well underway and will be launched with the opening of our fund.

Our primary focus right now with the MVP is making it fully functional for the open fund. We want you to be able to do the following:

  • Deposit
  • Withdraw
  • Keep track of trading history
  • View statements
  • View portfolio returns

Here are a few sneak peaks:

Corporate Website

With the launch of our upcoming MVP, we also want to launch our corporate website. This website will dive into every little detail of our platform and services. This website will become the primary home for PlutusX and you will find everything you need to know on our corporate website.

Here are a few things we started building out for our corporate website:

  • Sitemap
  • Knowledge base
  • Wireframe
  • Competitor Analysis

General Marketing & Business Development

Not to forget the small things, we are also busy with our every day operations and developing our brand further. Here are some tasks worked on in April to this matter:

  • Competitor analysis
  • Influencer outreach analysis
  • Marketing personas
  • Partnership introductions & explorations

iHeat Radio + CEO Money

Our CEO, Angel Mondragon, was invited to speak on CEO Money on iHeart Radio by Michael Yorba. Listen to the interview here:


Make sure to join our group chat here: https://t.me/PlutusXCommunity

Announcement Channel: https://t.me/plutusX

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