Arowana 2021 Second Half Roadmap Update #1

Arowana
Arowana Project
Published in
4 min readOct 1, 2021

Dear Arowana community.

We would like to thank everyone for your interest and support of our project.

Today I am going to inform you about the updated roadmap in this posting.

The Arowana project started and developed a business by connecting the coin to gold. We are working hard to provide better service by updating the Arowana and Goldmore applications.

From the second half of 2021 and on, Arowana plans to expand its business into other fields while operating gold-related businesses. Arowana aims to increase the number of participants in its ecosystem by connecting Arowana to various businesses.

Now, let’s take a closer look at the overview of the updated roadmap.

Roadmap Update

The main point of this updated roadmap is a complete transition of decentralized blockchain services.

It is the globalization of Arowana through the launch of decentralized blockchain services utilizing blockchain technology, listing on additional foreign exchanges, and decentralized service operations.

Also, in order to activate the on-chain and operate the Arowana project transparently, Arowana is trying to change the structure of the token matrix for users’ convenience in the Arowana ecosystem and to gain investors’ trust through transparent vesting.

Therefore, in this roadmap update, three major parts are added.

  1. NFT Marketplace
  2. DeFi Service
  3. Token Matrix
  4. NFT Marketplace

NFT Marketplace is a new business of Arowana that will be applied soon.

The marketplace is planned to be launch in November of this year. The Marketplace will solve the current issue of the cryptocurrency market that there are no practical use cases of purchasing real assets. Real assets related to tickets and copyrights, such as gold vouchers, membership rights, performances, and digital art products, are converted into NFTs and can be purchased and traded in the NFT Marketplace.

1–1 Gold Voucher
Potential investors who want to invest in gold will be able to invest in gold in a more convenient and easy way by purchasing NFT gold vouchers with Arowana tokens. This can be an alternative solution for a traditional way of purchasing gold.

1–2 Membership Pass
By converting various types of memberships such as hotels, resorts, golf, and accommodation into NFTs, individuals are free to trade through the Marketplace.
This NFT membership simplifies the trading of membership which was difficult before. Thereby revitalizing transactions and increasing access to investment by making easily traded products.
In addition, as it is a product in the travel/tourism category, it can be used to attract foreign capital as well and can also be used as various marketing sources.

1–3 performances
Various performances such as musicals, plays, and concerts can be purchased with NFT.
Making various performances ticket as NFT, it can provide liquidity to the stagnant entertainment industry and revitalize it. For the performance industry, it can be an opportunity to NFT various performances and introduce them to more consumers through the marketplace. For consumers, it offers a place where they can easily purchase the ticket, and they will be able to enjoy their level of cultural life.

Arowana Decentralized NFT Marketplace will also carry out a project to convert various NFT artists’ artworks and making real products into NFTs, and the work will be presented through thorough verification.

Through the Arowana NFT Marketplace, there will be more use cases of Arowana tokens in our real life.

2. Decentralized Finance, De-Fi

By implementing DeFi service to the Arowana token ecosystem in 2022, token holders will not only purchase and hold tokens but also reward interest through staking and promote on-chain transactions. It will bring stabilization of the market price of Arowana tokens by providing a staking pool to token holders and constructing a system that can receive interest.

Also, Arowana’s independent staking pool depleted, the business can be expanded to allow swaps with various crypto assets and provide a staking pool created by forming a liquidity pool (LP).
In addition, listing on a representative decentralized exchange such as Uniswap, where has abundant liquidity, will also support Arowana holders to receive continuous rewards and create stable prices through a liquidity pool.

Currently, DeFi service is under detailed planning and development, and Arowana expects to provide more stable prices and services when the DeFi service is applied. More information related to DeFi services will be updated.

Today, we went over the first posting of the second half of 2021 roadmap update #1, which is about the NFT marketplace and DeFi service.
In the second posting, a detailed token matrix will be introduced so don’t forget to check out the next posting!

Thank you so much for your continuous support and interest in our Arowana project!

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