FIO 2020 EoY Update

FIO
FIO Blog
Published in
3 min readDec 16, 2020

Since Mainnet Launch in Late March 2020:

FIO Functionality Integrations

  • FIO Protocol functionality is live and available to users in 13 wallets and exchanges including BitMax Exchange, ChangeNOW, ShapeShift, Edge, Coinomi, and more. Another exchange goes live next week!

Token Listings

  • FIO Token is listed on Binance, BitMax, Bithumb, Liquid, ChangeNOW, Hotbit, Hoo.com, CoinDCX, and SimpleSwap

FIO Addresses

Following

Block Producers

Technology

  • 22 FIO Improvement Proposals (“FIPs”) have been created by the community
  • 8 of those have been coded, implemented and are live on-chain. This included a major chain upgrade (“soft fork”) that was launched without incident
  • 9 more are in various stages of development
  • Example FIO Enabled eCommerce site launched… buy yourself some crypto swag using your FIO Address!

60+ Community contributors

  • In addition to the 8 former employees of Dapix who are now direct individual FIO community contributors, there are more than 10 additional active contributors in software development, marketing, and business development from across the globe
  • This is in addition to the 35 block producers that are actively involved in running the chain nodes, system upgrades, and protocol roadmap
  • The Foundation has 7 active industry Board members including Managing Director, Luke Stokes.

Information and Documentation

Upcoming:

Exchange integrations and listings

  • Two additional exchanges to be announced in the coming weeks are already beginning work on their integrations and token listings

Uniswap and Opensea: FIO Token and Domain Wrapping

  • Technical development to enable ERC-20 wrapping of the FIO Token and FIO Domains is underway
  • This will enable the FIO Token to be traded on decentralized exchanges like Uniswap and enable FIO token holders to supply tokens to Uniswap to earn returns
  • Will allow FIO Domains to be traded on NFT exchanges like Opensea

Additional Wallet Integrations

  • Mycelium and Trustee Wallet are targeting a full FIO Integration to be launched in early Q1
  • An additional wallet is already underway with their FIO Integration; announcement to follow in the coming weeks

dApp

  • FIO developers are working on launching a distributed web app that will initially enable users to directly register FIO Addresses and Domains, enhancing the existing user experience

Community Exploratory Work

  • DeFi: The community is exploring ways that FIO may enable my user friendly and less risky interaction with DeFi platforms
  • Staking: Exploration of adding the ability to stake FIO tokens on-chain as part of voting and receiving on-chain token rewards for supporting the network
  • SimpleSend: Exploration of FIO Potentially enabling a path to integrate to FIO and resolve any wallet name from any naming system — read more and view the video presentation
  • FIO End User Incentives: Exploration of possible protocol wide drawings or other systems to additionally incentivize end-users to engage and spread the word about FIO
  • Travel Rule: Continued exploration of ways that the FIO protocol may be able to ease some of the regulatory requirements faced by exchanges
  • Verified FIO Address: Exploration of enabling FIO Addresses to be verified in various ways by third parties in a self-sovereign way thereby enabling a reduction in Sybil attacks and potential paths to easing certain regulatory requirements.

FIO is a Decentralized Autonomous Consortia, being built by brilliant minds and exceptional talent. Join the conversation on any number of the topics discussed here, or if you’d like to work on building FIO with us, please reach out in discord or by submitting your own Worker Proposal!

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FIO
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