Krypital Monthly Report | The Steady Product Process Is Injecting Strong Momentum into the Company’s Takeoff in 2019

Krypital News

Krypital Group
Krypital Group
7 min readFeb 25, 2019

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In January 2019, Krypital reached a strategic cooperation with two of the world’s leading STO companies, and the Krypital Blockchain Institute released four market reports. At the same time, the Krypital cooperation project has made a lot of progress: Soar’s Western Australia drone tour will be held in March 2019; the landing of ELONCITY’s software and hardware has made major breakthroughs; Egretia’s test net, game platform and the game Master of Soccer have been deeply optimized and updated; Merculet started to use “星启星(Xing Qi Xing)” as its Chinese brand name, and released the product M-Planet; ArcBlock joined the American Chamber of Digital Commerce. Now let us review this month’s project process together.

Cooperative Partners

On January 7, Krypital Group and STO company Securitize reached a strategic cooperation.

On January 15, Krypital Group and STO exchange company OpenFinance Network (OFN) reached a strategic cooperation.

Research Report

1. The emergence of DX.Exchange sparked extensive discussion in the market. The Krypital Blockchain Institute has organized the data and made a detailed analysis.

2. On January 15th, three social media products, with brand new concepts that attracted much attention, were released. The Krypital Blockchain Institute conducted an in-depth discussion on the three products and the “blockchain + social media model”.

3. Through Github’s analysis, the Krypital Blockchain Institute conducted a comprehensive interpretation of the current mainstream STO technology from the technical perspective.

4. After the popular project Grin went online, the first conference in the United States attracted the market’s attention. Krypital participated in the GrinCon conference and brought back a lot of first-hand information about Grin technology and mining.

On March 24, 2019, sponsored by Soar and funded by the Western Australian Government, the Western Australian Drone Tour will be held in Perth and Southwest of Western Australia. The tour will invite the world’s leading drone operators and a large number of drone works will spread online globally, which will inject new momentum into the development of Western Australian drone tourism.

In the past quarter, the project landing of ELONCITY’s software and hardware has made major breakthroughs.

  • ECTP

ECTP is a community-based energy trading platform through blockchain technology.

  • Minning Mechanism

Based on the ETC token, the two reward mechanisms, the storage of renewable energy and the built-in BESS can achieve environmental mining.

  • Electricity Trading Price Strategy

The Scheduler calculates the electricity trading price inside the ELONCITY micro-grid every three minutes, and distributes it to the BESS as the transaction price.

  • ELONCITY Trading System

管理交易 — Manage Transactions

计量电力交易量 — Calculate electricity trading amount

发送/接收电力 — Send/receive electricity

数据与控制 — Data and Control

电力交换数据 — Electricity Exchange Data

交易请求 — Transaction Request

接受价格设定 — Accept the Price Setting

  • The Wallet App

The ELONCITY App not only manages the BESS and views the control system, but also has a built-in wallet function, and is able to view built-in ECT through API and EMS communication. Also, the electricity transaction price reference can be set in the wallet.

  • Project Gantt Chart
  • Module Progress

The EMS module, DOMS module, BMS module, 400V PV, 220V PCS, 4890 battery module have been extensively optimized and updated on both hardware and software.

  • The First Demonstration Project Was Completed

The Guangda We Valley’s C7 exhibition hall project started a trial power supply.

  • Project Progress and Cooperation

Five projects in process:

  1. The 158 luxury town houses in the San Francisco Bay Area and 55,000 square feet of retail storefronts as supporting facilities.
  2. Southern California plantations.
  3. Nigeria National Grid’s supporting distributed grid
  4. Dozens of off-grid projects in Baja California, including two regional grids with over 200 households
  5. The founder, Andy, met the chief of the limestone technology and the company’s vice president at the world’s second largest limestone quarry and a Mexican top golf course to discuss two specific plans that worth $15 million.

In the past month, Egretia’s testnet, game platform and the game Master of Soccer have been optimized and updated; the Egretia team was invited to attend a number of exchange activities, and actively share the future prospects of blockchain games with the industry.

Project Progress

  • Egretia Testnet

The Egretia testnet finished basic set up; the blockchain browser started debugging; the workflow began to adapt to the testnet.

  • Game Platform Support

The game platform started reconstruction; the new UI started optimization; the game Farm Tycoon is now on the LomoStar Game Center; the background function is enhanced.

  • Others

Optimized the Master of Soccer’s game function; feedback repair; third-party technical support.

Global Consensus

  1. On January 9th, Egretia founder Peter Huang attended the Tuoluo Financial high-end dialogue program “Tuoluo Informal Talks” as a special guest.

2. On January 14th, Egretia product manager Guo Tianjiao was invited to share the background and future development direction of blockchain games at the LoMoStar community.

3. Recently, Egretia CEO Peter Huang was interviewed by Cointime’s program Blockchain Industry’s Moguls Chat About Chinese New Year.

4. Egretia’s complete project development process in 2018

Merculet started to use “星启星(Xing Qi Xing)” as its Chinese brand name officially, and released the product M-Planet; in constructing cooperative partnership, Merculet reached strategic cooperation with Comprehensive Health Chain and Youshu Alcohol.

Project Progress

1.Merculet Chinese Brand Name

Merculet started to use “星启星(Xing Qi Xing)” as its Chinese brand name

2. Crystal Planet V2.1.0 Started The Testing Phase

Optimized the personal information card on the home page; added the news for joining the planet and beginner guide page; added the “My Achievements” page; upgraded the “Intimacy Level Chart”; added the “Personal History” page.

3. The Release of M-Planet

On January 25th, Merculet released “M-Planet” officially. The Merculet team held “The First M-Planet Consensus Meeting” to share the M Planet’s ecological concept at the community. On January 30th, the M-Planet Growth Incentive System Version 1.0 was officially released.

4. Crystal Planet Development Progress

  • Function Module Update

Improve the mission growth system; added beginners’ missions and daily missions sections; added the logic of joining the planet; and optimized the article sharing process.

  • E-commerce Module Update

Commodity management, order management, asset management.

  • Others

Added the distribution module; increased the behavior tracking module; optimized the GAAS interaction; and simplify the process of planetary merchant configuration.

Cooperative Partners

1. On January 6th, Merculet reached strategic cooperation with Comprehensive Health Chain.

2. On January 16th, Merculet reached strategic cooperation with Youshu Alcohol.

In the past month, the ArcBlock team focused on building the core services and functions that significantly enhance the ABT blockchain platform. The Forge internal version has been multi-versioned. In the construction of the collaborative environment, ArcBlock officially joined the American Chamber of Digital Commerce.

Project Progress

1. ArcBlock Engineering Weekly Digest

In this month’s ArcBlock technical progress, Forge has got a very stable version release process. The internal version has altered from 0.9.0 to 0.12.0, with a lot of improvements and performance optimization.

January Engineering Weekly Digest 1:http://t.cn/EG8z7p7

January Engineering Weekly Digest 2:http://t.cn/EqCz2EJ

January Engineering Weekly Digest 3:http://t.cn/E5OObSs

January Engineering Weekly Digest 4:http://t.cn/EtaKFwu

2. ArcBlock Technical Learning Series

In the 14th ArcBlock technical learning series, the research and development vice president, Chen Tian, taught people how to use Forge to build their own blockchain development framework. In the 15th series, the research and development engineer, Sun Boshan taught cryptography. In the 16th session, the Chief Architect and CEO, Zhi Zhihong, taught people how to use decentralized product thinking design planning. In the 17th period, the research and development engineer, Sun Boshan, explained the principle of generating QR code.

The 14th Technical Learning Series (Chinese)

The 15th Technical Learning Series (Chinese)

The 16th Technical Learning Series (Chinese)

The 17th Technical Learning Series (Chinese)

Cooperative Partners

On January 16th, ArcBlock officially joined the American Chamber of Digital Commerce, the world leading blockchain industry association. Both parties will jointly promote the popularization and application of blockchain technology.

Global Consensus

1. The Community’s Q&A activity.

2. The founder of ArcBlock, Bo Zhihong deeply interpreted the design of the ABT chain.

3. On March 24th, Mao Zhihong, the founder and CEO of ArcBlock, responded Chainbs’s invitation and shared how to deeply understand DApps from the history of decentralization development.

4. On January 30th, ArcBlock participated in the “2019 Huobi Chat New Year’s Gifts” event and gave out red packets that worth ten thousands in total during the Spring Festival.

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Krypital Group
Krypital Group

Founded in 2017, Krypital Group is a leading global venture capital firm and blockchain incubator. Our website: https://krypital.com/