WELCOME
This spring marks the end of a very exciting first quarter and equally busy start to Q2 for ONZ.
I’m pleased to say that our continued commitment to innovation and our focus on blockchain technology that optimizes the ONZ environment for our community has been recognized by the wider audience with a constant trading volume throughout in recent months. It’s an interesting time for blockchain startup, people who lost their fate in blockchain project because most of those are scam who ran away with money funded from ICO.
As the lead of ONZCoin project, our focus is to truly bring innovative social network with crypto reward to our supporters at the first phase and also we are undertaking a number of exciting initiatives to expedite that ideal. We recently have put all of our resources into only development, where our developers pushing them very hard to design and code the platform and functionality. This type of ingenuity is one reason we are excited about the next few months.
Stay tuned, the next few quarters will be exciting…
ONZ Core Team
RETIRE OF SLACK
As we announced in the previous newsletter, ONZ Slack channel is now officially closed. Thank you very much for your support over Slack. Please feel free to switch to other community channels. You can refer our website for what community channels available.
ONZ Community Team
NEW INITIATIVE
There is a new initiative popup, is the have ONZ Coin integrate with some of the existing payment platforms. By doing it, it may help to improve the liquidity of ONZ Coin. The team are now exploring whether it is technically possible to integrate DPOS with that payment gateway and also in touch with some of the payment networks for a quotation how much the integration will cost. Please stay tuned and we might able to come up with some good news on this new initiative.
ONZ Core Team
MARKET INSIGHT
Over the last two weeks, the cryptocurrency market enjoyed a spectacular rally, the overall trade over reaching almost $140 billion in value. Major crypto soared past the critical resistance level that has been holding it down for months, is the crypto and altcoin market coming back? We also spotted a similar volume in ONZ Coin, seem trading volume is coming back and money flowing back to the altcoin market is true. To give you some basic idea on ONZ Coin recent performance, here the figures that you may want to have a look.
ONZ Coin (ONZ) price for today is $0.00037373 with a 24-hour trading volume of $971.84. Price is down -11% in the last 24 hours. It has a circulating supply of 277 Million coins and a max supply of 921 Million coins. The most active exchange that is trading ONZ Coin is Graviex.
ONZ Core Team
DEVELOPMENT
ONZ Dev team is experiencing this change in the way we enhance our onzspace functionalities. Coming out of a busy winter, we have exciting developments to share in the fall including our onzspace functionalities redesigned and development is ongoing that some of the basic functions are nearly working in our testing environment. The development team is now reviewing the reward model, to make sure the social engagement and appreciation are calculated in a fair and balanced way. Now the latest plan is to have ONZSpace running as an independent social network, people who have exposure on ONZ Coin will able to join ONZSpace and their work done on ONZSpace will be weighted and rewarded with ONZ Coin.
ONZ Dev Team
