The Coop Network Weekly Update 24/2022

The Coop Network
CoopNews
Published in
3 min readJun 20, 2022

We’ve been quiet lately, we know, but we assure you the action went on behind the scenes and for good reason. After a lot of strategic planning and team restructuring, we got to the strong basis this project needs. Now we can really get to building & sharing more!

The biggest news lately was our MEGA BURN Announcement, after completing the burn of 4M GMD out of the 10M buyback + 35M from the Safety wallets!

More on this on the blog:

There was also a sneak-peek on our Play-to-Earn farm game. There are exciting things on the horizon so stay tuned for some fun!

We then got more quiet and put a lot of our focus on making sure we have the strong foundation needed for the biggest of plans. We’re now right on track, with focus on several areas of development while further expanding & consolidating the team.

The team is the core of a project and ours was the main focus lately. Now is growing strong! We’ve onboarded a handful of highly skilful and dedicated new members, which will play a vital role in bringing the project’s vision to life. Beside the founders, members and investors, there are now 20+ members across four main teams. This is a huge step for a self-financed project and will certainly accelerate the development process. You’ll meet more of the team soon.

We also gave you a quick sneak-peek behind the work-in-progress that is our website, which will reflect the overall upgrade of the project: New features, extended info & transparency, updates on the roadmap and the growing team.

We invited our community to vote what should we prioritise in our development plan and the results were mainly in favour of a Coop Mobile-App Wallet.

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The Coop Network
CoopNews

We’re committed to building a legal DAO on the Blockchain, where profit meets community and crypto is backed by real world assets.