Assemble Announces Financial Statements for the 2nd Quarter of 2022
We’re back with more updates from the ASSEMBLE team!
The ASSEMBLE Protocol is a blockchain-based global point integration platform that exploits ASM utility tokens, whilst establishing a business ecosystem that can integrate, utilize existing points and miles with point providers, consumers, and retailers.
Hello, dear readers!
Today we’re going to summarize the financial statements for the Assemble Protocol for the second quarter of 2022. We’ve made a lot of progress and we’d like to share it without faithful supporters. Please read on for more details!
1. Summary of Product Development Progress
Summary of Assemble 2.0
The points and digital assets that we are currently working with are as follows:
- Points: Credit card points, debit card points, membership points
- Digital Assets: Bitcoin (BTC), Ethereum (ETH), BNB, Tether (USDT), Binance USD (BUSD), and Assemble (ASM)
[Note] In Assemble 2.0, both the ERC-20 token and the BEP-20 token can be added to the digital asset exchange.
— Completed Development of the Assemble 2.0 Application
The Assemble 2.0 application is now available on Android and IOS.
However, after the enactment of the “Basic Act on Virtual Assets” at the end of 2022, the Assemble team needs to review the law as it applies to Assemble 2.0 and respond to the regulations on securities and non-securities tokens. After this, the application will be released.
— Updated Assemble 2.0's Official Website and White Paper
The official website and white paper for Assemble 2.0 have been renewed and will be released with the launch of the application.
— Assemble Logo Rebranding
Assemble’s logo has been rebranded to go along with the release of Assemble 2.0.
2. Summary of Business Progress
Point Companies Partnership Guide
The points that can be exchanged for digital assets include:
- Credit Card Points
- Debit Card Points
- Membership Points
Contracts with each partner have been signed. When Assemble 2.0 is released, we will reveal all of our partners.
3. Summary of Roadmap Compliance and Progress
— Roadmap Compliance Status for Q2 2022
Develop Assemble 2.0 (Achieved)
— Summary of Progress for the Second Half of 2022
We are developing a protocol and applying for a patent to improve the transfer speed and reduce transfer fees.
Thank you as always for your continued support!
