A Letter to the Tusima Community

Tusima
3 min readMay 23, 2024

--

Dear Tusima family

The Tusima team would like to express our heartfelt gratitude to everyone in the community. Over the past two years, the Tusima community has grown into a great community, and we are very proud to see your dedication and support. No matter what challenges we face, you guys inspire us to keep moving forward.

Tusima is not a project that seeks hype. We firmly believe that only by working diligently can we create real value.

Our team has carefully read the community’s messages and comments, and we appreciate your feedback. We know you’ve been patiently awaiting updates on our development progress, as well as solutions to some of the unforeseen issues we’ve had to face in the past few weeks. Now, we’d like to share with you some updates on key developments.

First of all, we would like to bring you some exciting news about Tusima’s subsequent business plans:

Phase1: Build the On-Chain Payment Data Infrastructure

Tusima will launch Rewards Product & Features. In offline payment scenarios, users can receive points rewards based on consumption. The points can be used to purchase items in shopping malls and can also be exchanged for stablecoin crypto assets. After the product is launched, it will provide services to merchants, payment providers, and ordinary users at the same time.

Phase2: Build web2-web3 hybrid wallet to accelerate the web2 users enter web3 world

Tusima will develop an Aggregated Wallet to create a unified account for each user, which will not only manage the user’s Web 2.0 account and data but also manage the user’s Web 3.0 assets and on-chain data.

Phase3: Intent trading and full on-chain DeFi support Web2 users to freely trade assets on the chain

Tusima will develop Intent Architecture System services to monitor and analyze interactive data of the entire market in real time, including price, depth, slippage, transaction time, and other dimensions. Based on these data, intelligent routing algorithms dynamically select the best option for each transaction.

Phase4: Link to richer global RWB data, Open encrypted RWB data for other Dapp project parties

Tusima will partner with Netstars to launch Web3.0 POS, allowing more RWB Web2.0 companies to participate in staking as nodes and provide real RWB data for Web3.0 Dapp.

Secondly, we would like to report to you the progress of the Galactic Campaign’s withdrawal and the launch of the mainnet:

Thank you all for your patience during this difficult time. Due to unforeseen events, we had to deal with some obstacles that needed resolution.

Please note that these issues are not fundamental problems within the project but necessary adjustments that require coordination from multiple parties. Rest assured, we have been working tirelessly to resolve these issues as quickly as possible.

The Galactic Campaign token withdrawal path has completed product design, and our engineers are currently working on development. We expect the withdrawal to be online before June 7.

The Galactic mainnet is still in the testing phase, and the technical problems encountered in the Eagle Bridge testnet are being resolved. At the same time, we have developed a new version of Eagle Bridge, which will be launched soon.

Finally, let us share with you Tusima’s recent developments.

1. The modular layer2 network, Galactic Network, is undergoing optimization and upgrade.

2. The team is negotiating with major exchanges for the listing of TSM tokens, expected to be listed between June and July.

3. TSM TDO will end at 2024–05–24 10:00 (UTC). Before the end, we will hold an incentive event in collaboration with Triathon. https://t.me/TriathonLab/262304/267759

4. Tusima has partnered with USDD to hold a month-long celebration event on Taskon. https://rewards.taskon.xyz/campaign/detail/30474740

No matter what, Tusima will continue to develop, and our team will work harder than ever. However, sometimes we encounter unavoidable unexpected events. We hope the community can patiently wait and trust us that, no matter the cost, these issues will eventually be resolved. We will ultimately achieve the goal of establishing RWB (Real-World Business) entirely on an efficient, low-cost decentralized network in Web 3.0.

Once again, thank you to every member of the community for your dedication and support.

Sincerely,

The Tusima Team

Join us to build a new decentralized digital world.

Official-links

Website: https://tusima.network/

Twitter: https://twitter.com/TusimaNetwork

Discord:http://discord.gg/tusimanetwork

Telegram:https://t.me/tusimaofficial

Medium: https://medium.com/@TusimaNetwork

--

--