Hosted 1st Live AMA, CoinMarketCap registered

BOSAGORA Community Update August 2019

Here are Community Updates of BOSAGORA for August 2019.

Please see below for detail relating to technical development, business development & marketing and finance departments.

Development Update

블록체인, 보스아고라, 코인, 비트코인, 이더리움, 보아, BOSAGORA, BOA, cryptocurrency, blockchain, bitcoin, coin

Now that August is done with we can finally share with you guys everything that we’ve been working on. The development team is currently around 80% complete with the Full Node portion of AGORA development and is currently planning future work to be tackled once Full Node development has been completed. During August the team pushed 172 commits to all branches and made 80 Pull Requests.

Core Development in August:

Pull Requests:
Last month we had 86 pull-requests. Of which:

6 opened
83 merged
11 closed

Full Node:

Developer Community News:

In August we organized a Dlang developer meetup at our office in Seoul. We plan on hosting these Dlang meetups on a regular basis to not only share what we’ve been working on with our global community but to also share our love for the language. During the meetup, our CTO Mathias Lang went over a high-level overview of what can be done with Dlang followed by a hands-on exercise for attendees. Make sure to follow us on Telegram to stay up to date on all of our latest developments.

Business Development & Marketing Update

In August, there were many activities in business development and marketing. Our BOA token was registered on a number of global coin ranking sites and we communicated actively with holders through live AMA. In addition, we are making a lot of efforts for partnership and exchange listing.

Global Business Development

Exchange

We are currently discussing listing with a number of global exchanges to raise the value of BOA token and build a win-win relationship. We will update you any developments in connection with this.

Besides registration on Coinmarketcap

BOA token is now listed on the global coin ranking sites including Coinmarketcap, CoinGecko, and Coinpaprika. In addition, the registration on Delta and Blockfolio, which provide global cryptocurrency portfolio services, make it easier to verify the value of BOA tokens and to manage them as cryptocurrency assets.

Communication

AMA

Live AMA was conducted for more active communication. In the form of receiving real-time questions from BOSAGORA’s Korean and English telegram chat rooms, we were asked various questions spanning policy, development, marketing, business development, and issues. All questions asked were answered directly by Inhwan Kim(BPF president), Munsu Lee(BPF Korea CEO), Sanghoon Lee(BPF Korea CMO), Mathias(BPF Korea CTO).

Contents

First of all, we disclosed everything about BOSAGORA project transparently through July community update. Recently, after the live AMA, all the questions and answers from the Korean and English telegram rooms were compiled and shared through BOSAGORA Medium.With PEOPLE in BOSAGORA, four talented and passionate team members were introduced to the community.

PEOPLE in BOSAGORA 07: Brian Palaggi, Development Team: https://bit.ly/2YvEudB
PEOPLE in BOSAGORA 08: Sanghoon Lee, CMO: https://bit.ly/2TtNDOb
PEOPLE in BOSAGORA 09: Mukeun Kim, Development Team: https://bit.ly/2kr4XGe
PEOPLE in BOSAGORA 10: Doyoon Kim, Marketing Team: https://bit.ly/2lv8bcd

And Full KYC which requires addition of residence authentication was introduced, to allow safer and more accurate airdrops.

In addition, supplementation of vision and white paper to systematically reinforce project fundamentals, website renovation to provide more energetic information, discussion on a partnership to strengthen congress function of BOSAGORA, planning community vitalization and setting up systematic PR plan, etc., are all underway in parallel. We will inform you if any achievement is made. Your warm attention and support will be our driving force for the project.

Finance Update

Here is a detailed look at expenses accrued for BOSAGORA for the month of August. To understand the attached document better, here is an explanation for each entry.

Salary: Salaries for 23 full-time employees.
Tax: Total of income tax and 4 major insurances (Korea specific)
Reserves for Retirement Allowance: Provision for advanced payment to be paid when employees retire (Korea specific)
Employee benefits: Members’ meal plans, snacks, team outings, etc.
Hardware: PC and other necessary equipment purchasing expenditures for new entrant.
Operating: AWS (Amazon Web Services) and groupware (collaboration tools) cost, marketing cost, business trips and related meetings, stipends, VAT and other relevant operational expenditures.
Rent expenses: Office rental
Commission: Translation, administrative and taxation outsourcing service fees.
Professional fee: Intellectual properties (BOSAGORA, etc.) registration, accountants, legal services and other professional services fees.
Administrative expenses: Others