Devnetwork is built to grow the tech ecosystem. Our ICO has just finished and we received enormous supports and traction. This keeps us moving forward and also helps us reach out to the communities and stay in touch with them at the same time. To do an ICO is to deliver both the tokens and platform to the right target, not to do a scam fundraising or a fake hype. We began the development between ICO phases and have lots of updates that we are excited to share with the public.
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DEV ICO Summary
We got $ 8.1 millions investment from 1862 investors within all the three ICO rounds and the presale combined (calculated from an average exchange rate among the cryptocurrency markets at the end of each ICO day). We have an ICO bounty event and 4 bug bounty reports. In total, 66 millions of DEV will be distributed to DEV investors and DEV bounty program in Q1 2017.
We are sending emails to investors and everyone who joined our bounty program this Tuesday. Please be patient, as you will have to be queued up because we want to check every nook and cranny, to make sure that there is no single mistake. You will receive the link to obtain your DEV Token in an email with instructions on how to create your account on Devcamp and how to create a Stellar key pair to receive DEV tokens.
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It had been great time with Ethereum, say HELLO to Stellar!
We are a big fan of Ethereum, its smart contract capability and many ICOs on Ethereum. We have tried to implement our product as stated in our whitepaper, we have tried our best to research and test out the project on Ethereum, but there are some complications at its current blockchain technology. We see lots of promising improvement and potentials of Ethereum in their roadmap. Sadly, we can’t wait. As we want to deliver Devnetwork as fast as we can.
We have decided to deliver Devnetwork faster than promised in our roadmap. We have looked into many blockchain technologies and found out that Stellar is a salient choice. Stellar give us faster transaction time and the ability to explore more possibilities without compromising security. So we started developing DEV wallet and Devnetwork blockchain project on Stellar and found out that it is the right fit solution for Devnetwork project. Later this year, you can use not only one, but also many Devnetwork products like Hiring, Outsourcing, Contracting, Subscription and Payment.
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Here is recent major updates from our product and development team :
Devcamp 2.0 | 2018
- Enhanced Community Account and Event system [ done ]
- Added invite only, waiting list and paid event system [ done ]
- Devcamp Mobile on Android and iOS are now in alpha version, expected to be beta released in Q2 and launched as Devcamp Mobile 1.0 in Q3
- Community Subscription, Event badge, PromptPay payment and DEV payment will be available within Q3
- Jobs Post and Company Account will get lots of new features and improvements in early Q4
Devnetwork
- DEV ICO Wallet [ done ]
- Token distribution [ Started ]
- Devnetwork preparation and feasibility Q2
- DEV decentralized database Q3
- DEV Wallet implementation Q3
- DEV payment and smart contract feature expected to be released in Q3
- DEV SDK beta expected to be released in Q4
Devnetwork Grant
- After a careful round of legal due diligence and Thailand crypto policy concern, we have renamed Devnetwork Community Fund to Devnetwork Grant but the core investment concept will still be the same as written in the whitepaper.
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Thank you investors and everyone who participated in Devnetwork and our ICO. We will fast forward our development and do our best to deliver Devnetwork to the market. Keep up with our progress as our team welcomes everyone to grow the tech ecosystem together.
What’s coming next week?
We will updates plan for exchange listing, Thailand crypto regulation and special highlight from Android Bangkok which successfully organised last weekend by Devcamp and our partners to support the Android developer community in Thailand. We are also collaborating with Vietnam and Singapore communities to host the event in the same week and scale up the communities.
Follow us on Telegram, Medium and Facebook — we will publish updates and interesting partnership here every week.
