Quarter 1 Recap and looking ahead to Quarter 2

Shekel (JEW)
2 min readMar 31, 2018

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Quarter 1

Its safe to say since launching in November the road through Quarter 1 has been hectic and full of surprises. We experienced an exchange go down (coinsmarket) and also went through a coin swap but at the end of the first quarter of 2018 the Shekel community is still sticking together and hoping for the best.

Some Q1 Accomplishments

  • Transitioned smoothly from POW to POS (Staking and Masternodes)
  • Implemented Zerocoin Protocol
  • Listed on our first DEX (CryptoBridge)
  • At one point hit 52BTC 24 hour trading volume (Around $800,000 USD at the time) allowing us to list on CoinMarketCap
  • Released our whitepaper
  • Launched Digitox which allows you to sell digital products for Shekel
  • Introduced our Payment processor JEWPAY
  • Grew our community to over 1,500 followers on twitter, 2,000 members on discord, and over 1,000 users on telegram.

The good news is we don’t stop there. Many things are planned for Quarter 2 which will take Shekel to new heights.

Whats in store for Q2

  • Shekel wallets are coming to mobile! Whether we integrate with an existing service or create our own is undetermined at this time but we 100% plan on pushing out an Android Mobile Wallet in Q2. We hope to be able to push out an iOS version as well, it just depends on their restrictions.
  • A complete revamp of our desktop applications. We will be releasing new wallet versions with updated and user friendly user interfaces.
  • Commerce Plugin Integration. We will be integrating with an existing commerce plugin so accepting Shekel (JEW) in your stores will get much easier! Yes we still plan to develop JEWPAY, this is just to provide an option for NOW.
  • Exchanges — yes the word that everyone seems to drive off of. Shekel will be listing on new exchanges in Q2. Not only will we be listing on exchanges but we partnered with an upcoming exchange. We are not able to name the exchange at this time due to legal restrictions but there is a new exchange being made and JEW will be the backbone. All listing fees on this exchange will be paid in JEW. You can pay almost nothing in trading fees if you pay them in JEW. This is a huge step for the Shekel ecosystem.

I hope you all enjoyed our first post here on Medium, we will be posting updates here regularly from here on out. We hope you all enjoyed the read and look forward to seeing you next time!

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