Essentia July Monthly Update

Essentia 1
Jul 4, 2018 · 3 min read
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This month has been monumental for Essentia! The public engagement ended with the best possible result! Now Essentia can grow at an even faster rate! This report will touch on the hardcap and also introduce you to our new advisor, development breakthroughs, the ecosystem fund and our new partnerships. Let’s go!

Hard Cap Reached!

Work was also completed in all business and development spheres you can imagine — from the smart contract to Members Area’ improvements.

Though we have encountered a few hardships along the way, we tried our best to fix them quickly and efficiently. Thus, we can proudly say again that Essentia public engagement successfully closed with a hardcap of $25.5m reached.

We’ll take this post as yet another opportunity to express our gratitude to all the contributors — let’s continue building the decentralized world together!

Community

Team

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Partnerships

First, we partnered one of the most reputable venture capital firms in Blockchain, dFund. The importance of this alliance is hard to overestimate — the firm aims at introducing blockchain technology to the large audience and we, as you already know, share the same vision.

Next, we cooperated with another blockchain capital venture firm — LinkVC. We believe they will provide us with financial assistance and critical insights from the overall blockchain economy.

We are also proud to announce that we have started working on the second pilot for the Finnish Government! As you may recall, our first solution dealt with unemployment issues, this time we are focusing our efforts on developing a logistics hub.

General Update

What’s next

Soon ESS will be listed on exchanges, meaning anyone who missed out on the public engagement will get an opportunity to purchase tokens.

Development-wise, we have quite a lot of things on our agenda. We’re beginning to work on the Essentia applications for iOS, Android, and your browser.

We are also developing the two pilots for the Finnish Government mentioned above. That’s not all, of course, don’t forget to check out the Roadmap on our website for a more technical overview.

Remember to subscribe to our social media to stay in the loop!

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Essentia One

Essentia is the decentralized data management framework.

Essentia 1

Written by

@ Essentia.one.

Essentia One

Essentia is the decentralized data management framework. Forged by a set of protocols. Forming Essences. Inside them, users own their data, identity and communications, enabling new powerful interactions.

Essentia 1

Written by

@ Essentia.one.

Essentia One

Essentia is the decentralized data management framework. Forged by a set of protocols. Forming Essences. Inside them, users own their data, identity and communications, enabling new powerful interactions.

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