Ø Crypto Union celebrates its journey through the launch of a bounty campaign!

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Ø Crypto Union

4 min readJul 10, 2018

A child’s first birthday is a notable milestone in one’s journey of life, an age where they take their first steps, begin to explore and find their personality. Around the baby’s first birthday, their vocabulary starts expanding, the child starts to become more social — they start developing a grasp of communication, they begin employing and experimenting with their new found language skills to get attention from those around them, they learn to crawl, and even throw tantrums!

Exactly one year ago, then Geneviève, took its early steps and accepted its first Ethereum payment as part of its initial token sale campaign. Let’s take a step back and explore the project’s accomplishments over the past 12 months.

Recent publications have identified that almost half of the cryptocurrency projects that undertook an ICO campaign in 2017 have already failed. Over the last 12 months, Ø Crypto Union, a revolutionary banking solution in the newly-founded space, has experienced many highs and lows!

Given the superior advantages over its predecessor, we opted to adopt Ethereum’s ERC223 token standard, facilitated through a token swapper. Ø Crypto Union’s decentralised exchange, complete with Atomic Swap capabilities, has been in development, with notable ground covered in recent months. The platform will empower market participants to engage in asset exchange independent of any financial middle man. In furtherance, the development of ØPay (beta), a crypto-collateral payment application, is now complete and is being prepared for beta testing. Great, huh?! Get involved!

To ensure legal and regulatory compliance, Ø Crypto Union has simultaneously applied for an EMI and an MTF operating licenses, in preparation for the upcoming IPO later this year. The cryptocurrency space has grown profoundly in recent months; last year was phenomenal for utility tokens. With increasingly more industries are entering the market, light is falling on alternatives, namely, security tokens.

My mentor, now a legend in France’s financial world, used to say, “chi va piano, va sano e va lontano”, which translates to, “don’t worry, people always overreact to the present and never see the future, even Bill Gates did not see the internet coming.”

I remember, people in the space would laugh when I would mention security tokens back in March, 2017. Now, many of those in the space are begging regulators to pardon them; they’re willing to move heaven and earth to save their project and get the green light to operate! Malta, here we come!

As a fully registered organisation, the team are working tirelessly to build the first Crypto Union. The project is collaborating to find positive synergies with two of the most advanced Blockchain protocols. Ethereum and…you’ll have to wait and see! In addition, the Crypto Union is collaborating with a state actor, the Ivory Coast; the project is currently negotiating with Togo to find a second partner of similitude.

Given the democratic nature of the Union, the project has undergone a full rebranding, from Geneviève to the Ø Crypto Union, as implied. To coincide, the UX/UI of all platform interfaces have been redeveloped to communicate the Crypto Union’s personality.

Following the relaunch, Ø Crypto Union reaching out to its community to further-support the project’s growth and development. The immediate goal is to expand our community to maximise the outreach of our available products and services.

The project is becoming notable for leading through innovation. Ø Crypto Union’s partnership with the Ivory Coast sought to accelerate the growth of SME in West African states, challenging the limitations of traditional finance. By extension, the project is seeking to tokenize human potential by way of securitisation — an alternative to traditional leveraged student finance.

The project has limited its investment in communication and marketing; the directional focus has been on project fundamentals. Development is reaching the latter stages; Ø Crypto Union now has working products. Focus is now shifting towards communal growth. In line with our Union-like values, we request all of our members and token holder to push Ø Crypto Union into orbit! In support of this, the Crypto Union is launching the Ø Growth bounty programme. Further information about our bounty campaign can be found here: https://bitcointalk.org/index.php?topic=4630242

I’d like to personally thank all those who have supported Ø Crypto Union’s journey, namely: