This week in GIN — 24th of August, 2018

3 min readAug 24, 2018

First of all, read our special report about the GIN team members. It’s really… special. ❤

Here’s the gist of today’s report: 3 new coins added to the platform, 76 coins supported, 4,224 masternodes live on the platform and a special notice regarding the Shared Masternode feature.

As you are probably aware, we have been working tirelessly on the GIN Platform. The product has been significantly improved since its first iteration, 6 months ago, growing in both market size, available number of coins and features.

Having been the first on the market to launch this type of product, we have willingly taken on the role of market shapers, with all its upsides and downsides, on 3 different levels:

Technical

The tech stack has been evolving since day 1, and we’re constantly upgrading our infrastructure as time goes by and our clients’ needs transform. Here, our aim is to deliver today what you might think about needing tomorrow.

Informational

As far as information availability and quality go, our approach has been a no-nonsense, no-hype one. We’re fully committed to educating the market and giving knowledgeable individuals a voice on our platform, to help crypto enthusiasts, entrepreneurs and the community as a whole a robust selection of resources they can use to inform themselves. Information is power, after all.

Operational

As the product matures, we feel that, as we envisage to disrupt the non-crypto world, the platform must act as a bridge between the status quo — current regulatory framework (which is also now evolving but not fast enough) and the ideal world we’re all trying to build on the blockchain. We are therefore in the business of constructing something strong and safe. This is why we are one of the very few companies that have started with a Chief Legal Officer on the board, day 1. Currently, we are working closely with our lawyers on ensuring compliance of our business value proposal and model with the rules and regulations that could apply in a new and innovative sector such as ours. Here many areas of the law could be tangential. It is better to be safe than sorry.

This is an endeavour that will push the launch date for the Shared Masternode Service beyond the end of August.

We are fully aware of the implications of this slight delay, but our responsibility lies with delivering a dependable service. We’re here to stay. And that means doing things the way they have to be done — without cutting corners.

That being said…