Black Ocean weekly report 2 — 8 August 2021

Community news

• First IDO oversold for 102% with more than 280 participants;

• Gained 500 newcomers to Global Community chat;

• Indonesian community chat gained total 1000 newcomers;

• Philippine community chat gained more than 200 newcomers;

• Gained more than 150 participants in AMA with CFL365.Finance team.

Staking news

• The total amount of staked tokens increased up to 3 831 294 FLy tokens.

FLy token

• Burnt 416 838 FLy tokens according to the July income. TXID

Valuable partnerships with market leaders from China:

• VRM x X Protocol

VRM Research:

1. TRENDS — market analysis, fundamental analysis, predictions and forecasts, educational content:

• Week in Review: Bitcoin’s Comeback Fueled by Growing Inflation Fears with “A Little Help” of Institutional Investors

• All you need to know about IDO. How to participate in IDO on FLy/BO platform?

• TOP-3 Rules of Smart Investor’s Behavior: what to do when the price go up / down / moving into range?

• FLy token price move up +20%

• U.S. SEC Requests Authority to Oversee Cryptos: Does It Have a Silver Bullet?

2. FLY SIGNALS — trading signals solution, based on quantitative trading indicators and AI algorithms: coming!

DeFi

Launchpad

• Frontend:

○ General:

- fixed stylings and design

- functional testing

- deployment tests

○ Admin:

- allocation calculations tests after fixes

• Backend:

○ generalized API to work with any blockchain

○ API to support project list for both blockchains in the main page

○ FLy held for allocations calculated from both blockchains

○ FLy held for allocations considering staking contracts from both blockchains

○ Nb created and setup a new ETH node to remove the Infura dependency