CLV Live Roadmap 2024

An introduction to the road ahead- a message from the CLV product team to the community.

In 2024, the team at CLV will continue to focus on building an even more powerful cross-chain and multichain wallet, which will continue to keep in focus user privacy and transparency. The development team will continue integrating new networks that rise in popularity and TLV, thus allowing our wallet to continue leading the way as a cross-chain and multi-chain platform.

Before we delve into the specifics of our roadmap, we’d like to emphasize our commitment to transparency in product development to our community. We acknowledge that, operating in the DeFi sector, adhering to a fixed long-term roadmap can be difficult due to the rapid pace of industry evolution. Nevertheless, we will do our best to activate features that are market fit and can contribute to user experience.

That said, we invite you to check back on this blog post, as we will be continuously updating it with new information on product development.

New Multi-Chain and Cross-Chain Integrations.

We will continue to expand the wallet’s compatibility with various blockchain networks, including Substrate-based blockchains, EVM-compatible chains, and other popular blockchains like Solana and Bitcoin — more on Bitcoin below.

A new opportunity has presented itself since the approval of the Bitcoin ETF in early January, and we want to capitalize on it and expand our product features to cater to the ecosystem.

In the past few months, it has become evident that CEXes are facing new and severe competition from traditional players entering the market. This development is compelling exchanges to enhance their product offerings in terms of product lines and competitive financial product fees and yields.

The introduction of Bitcoin ETFs has intensified price competition among exchanges, highlighting their need to collaborate and offer a broad array of tools and features that traditional entities do not provide. That is where CLV comes in.

Our goal will be to cater to the growing interest in building DeFI applications on Bitcoin, particularly with the advent of sidechains and layers like the Lightning Network and Liquid Network.

BRC-20: Features in the Product Development Pipeline

Staking & Earning BRC-20 token
Develop BTCB and wBTC staking functions supported in large exchanges (e.g., Binance) that are equally interesting for Bitcoin L2 projects and their native token. This phase includes developing staking contracts and bridging between BTC L2 natives. All staking rewards would be paid in brc-coins.

Bridge & Swap
Develop BRC-20 x EVM swap functionality — creating a gateway between L1s and, as a result, injecting growth and liquidity for developers’ community for bitcoin dApps — leverage on Ethereum issues related to transaction throughput and costs. Separate dApps can be created simultaneously to create a marketplace exclusive to BRC-20 tokens.

A week ago, we were excited to announce our partnership with XRGB, a project that bridges BRC20 & RGB20 to ERC404 on EVM chains, boosting Bitcoin asset liquidity. We expect this to be among many new partnerships in this quickly evolving ecosystem.

Enhancing User Experience.

A significant focus of the roadmap is to refine the user experience, which includes developing seamless signing procedures and ensuring easy interaction with decentralized applications (dApps). The goal is to make managing crypto assets and navigating the blockchain ecosystem as intuitive and straightforward as possible, regardless to the user familiarity with the

NFT and dApp Ecosystem Development:

Work on supporting NFT assets on various chains and facilitating interaction with a wide range of dApps. The roadmap includes enhancing these features to provide users with more comprehensive and robust capabilities in the growing NFT and dApp space.

Supporting Edge AI for Enhanced Performance:

• Start deploying edge AI capabilities to allow for quicker and more efficient transaction verifications and wallet operations, especially for users with limited connectivity.
• Enhance user experience by introducing AI-driven personalization features based on user activity and preferences.

Data Variety and Quality Improvement:

• Partner with diverse blockchain networks and data providers to ensure the wallet supports various cryptocurrencies and tokens.
• Implement AI-driven analytics to provide users with insights on their transaction patterns and crypto market trends.

Expanding Capabilities and Market Reach:

• Continually explore emerging technologies and trends in the crypto space to keep the wallet innovative and competitive.
• Expand the wallet’s functionalities to include features like decentralized finance (DeFi) integrations, non-fungible token (NFT) support, and cross-chain interoperability.

Expand to DePIN and Gaming:

As Web3 continues to expand to new industries, we are also keep our hand on the pulse to build strategic partnerships with DePin projects as they to contribute to create a more efficient and equitable process that bootstrap infrastructure network.

When it comes to gaming in 2024 we exect to see several key developments, and one is interconnectivity, which is a major aspec of the metaverse. This is where CLV will work to integrate tools that power seamless transitions between games and digital environments, potentially allowing players to carry digital assets and identities across different experiences.

Improvement and Community Engagement

Regular updates and improvements based on community feedback and technological advancements. The roadmap likely includes iterative development and emphasis on adapting to the changing landscape of blockchain technology and user needs.

The roadmap represents a commitment to broadening the utility and reach of the CLV Wallet in the cryptocurrency space, emphasizing interoperability, ease of use, security, and staying abreast of evolving user requirements.