February 2023 AMA: Secrets Behind Our Revolutionary Blockchain Project
We held the first of our new, monthly AMAs in February, hosted by Bolt co-founders Jamal Hassim and Christel Quek, and presented by our VP of Product and Operations Anwar Arieff. The event gave the Bolt community a glimpse of the company’s future plans, including the first exciting, insider info on development of our own blockchain, called BoltChain.
Introducing BoltChain: The Future of Media on Blockchain
The co-founders kicked off by explaining how Bolt’s vision is about building an interoperable future, which is why they have always harbored dreams of having their own blockchain that‘s’ compatible with Ethereum virtual machine compatible blockchains.
Christel stated that this is one of the primary reasons she and Jamal started the content-focused social media network Bolt+ in the first place. The team at Bolt believes that the future of content distribution lies in blockchain technology, and the development of BoltChain will allow the company to retain value in its ecosystem and share opportunities with those coming onto its platform.
Jamal added that BoltChain is an epic project that will allow the company to be more self-sufficient as the project evolves.
The development of BoltChain has taken over three years of work and is a crucial linchpin in the company’s grand vision for the future. With Bolt already partnered with Hisense, the company’s app is already installed on over 7 million smart TVs, and Christel explained that this is an important part of the puzzle as to how they will activate BoltChain.
Redesigning Bolt Global Website
The team at Bolt also talked about the significant work they have put into redesigning the Bolt Global website. Christel pointed out that the website is valuable real estate for anyone who wants to know more about Bolt and the ecosystem they are building.
The new website will be a one-stop-shop for everything related to Bolt and will include an investors center where key information for participating in the company will be collated. Additionally, the site will help content creators get involved in the Bolt ecosystem. Christel finished by saying that the new site will be Bolt’s best-looking website ever.
Corporate Exercise: Resources for the Future
During the AMA, the Bolt team also updated the long-time Bolt community on how their corporate exercise is going. This is a long, drawn-out exercise that takes a lot of time and work but is ultimately essential to give the company the resources needed to pursue its project missions.
Jamal explained that the kind of data requests they have had to compile and bring together for the regulators, including from a lot of third parties, takes a lot of time and work. The team has had to bring together four years of audits into a single year, for example. Although there are still a few moving parts, the team is very close to completion.
A Simple Yet Sophisticated, Multi-Device Ecosystem for (Literally) Everyone
One of the main takeaways from the AMA was that Bolt is getting closer and closer to creating and delivering a sophisticated blockchain and crypto for the masses through media. It is an ambitious goal, but the team at Bolt is confident that they can achieve it. The development of BoltChain is a significant step towards realizing this goal, and the Bolt team is excited about the opportunities it will bring.
The first of our new monthly AMAs was an exciting event that gave the Bolt community a glimpse into the company’s future plans. The development of BoltChain and the redesign of the Bolt Global website are significant steps towards realizing Bolt’s vision of building an interoperable future.
It’s a huge, ambitious task we’ve set for ourselves, but as the Bolt+, BoltX and Bolt Token converge into a seamless, functional ecosystem, the future is on track for creating and delivering a sophisticated blockchain and crypto for the masses through content and media.
We’ll let Jamal sign us off with a few thoughts on how everyone can get in on the ground floor at Bolt+, and begin building a community around content that’s sustainable, healthy, fun and rewarding. Join us on 30th March for the next AMA and product update!
