Monthly Update [August]

All the important stuff in one monthly update

Joost Toornend
Aug 31, 2018 · 4 min read

Hi guys!

Welcome to our August Monthly Update — and what a month it’s been. We’ve made further strides forward, releasing v0.2 of our platform, while also working on our updated business strategy. This new strategy will begin to have a big impact on how we build the MyBit Ecosystem, the platform and the community.

Let’s start with the tech.

Our dev team — Jose, Kyle, Cristiano and Brani — have been busy getting our architecture up to speed and we’re happy to announce the release of v.0.1 of the MyBit platform. It features a freshly designed UI courtesy of Ash as well as all of the functionalities we discussed in our last monthly update coming in v0.2. Follow the link to our Telegram to find out more.

We’ll be releasing all of the details in October — so watch out for that!

We also have a special announcement about HitBTC: they’ve agreed to do the tokenswap. This means that all trading will be paused today (31/08). Tomorrow (01/09), the new MYB will be available for trading on HitBTC.

A snapshot of HitBTC’s message (taken on 31/08/2018–10:00h GMT+2).

Ian and the marketing team — Ash, Joost and James — have been working hard to put in place a marketing strategy fit for a new focus on developers. From October, there’ll be multiple announcements about how the MyBit Ecosystem will work going forward. While MyBit remains our central focus, our marketing needs to reflect the wider scope of MyBit’s vision. A vision that covers not only the Internet of Things, but the world of wealth distribution and management.

To help facilitate the shift, we’re putting more focus on Telegram. There are a few reasons for this: it’s more professional, easier to join and better for scaling. In short, it just makes sense — and it’s going to be our central platform which pulls in all of our news, content and communications. Telegram is now the place to go to find out about what’s happening at MyBit and in the community.

Please note, there are now two Telegram channels — one general channel and another, which features our essential MyBit news.

Great work by Eva Lum.

We’ve been continuing our thought leadership in blockchain — as well as starting to enter the wider wealth management space. We started the month with a blog on Moore’s Law and the Future of IoT, and how the market for connected devices and related services shows no signs of slowing down. Next we looked at Why Millennials Love Crypto and, especially, why traditional investments have failed them.

Next, in a post on the Rise of the Robots, we set out our stall — suggesting that automation could actually be an opportunity, rather than the end of everyone’s jobs as they know it. One job that we predict will go, however, is that of the fund manager, and you can check out our Say Goodbye to Traditional Fund Managers blog here.

Last but not least was our tech blog looking at the real difference between Private vs. Public Blockchains. It’s well worth a read.

A Final Thought

This brings us to the end of the August Monthly Update.

We’ve got a couple of events coming up. The big one is Devcon iv; but also the MyBit Hackathon with our friends over at Status. Come down and please reach out to us if you’re going to Devcon, we’d love to meet up.

Plus, remember our September Ask Me Anything on Reddit. Post your question and we’ll be answering live (or a maximum of 48 hours later). You can find us here.

And remember to reach out to us on our Telegram.

Until next time!

The MyBit Team

MyBit

MyBit designs products that open up the world, creating tools that enable freedom and wealth generation for everyone. We believe that closed, centrally controlled systems limit our potential as a society, and that truly transparent and open collaboration will power the future.

Joost Toornend

Written by

Marketeer | Crypto enthusiasts | Founder of AAVIO

MyBit

MyBit

MyBit designs products that open up the world, creating tools that enable freedom and wealth generation for everyone. We believe that closed, centrally controlled systems limit our potential as a society, and that truly transparent and open collaboration will power the future.

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