FinNexus Monthly Progress Report (Feb 2020)
Technical and Operation Progress
1. On February 14, FinNexus announced its first Dapp, Wandora’s Box, which users can wager on WAN/BTC price trends to benefit from the bonus pool. For more details please stay tuned.
2. In February, FinNexus product team had a number of meetings with SuperAtom on the discussion of the details of the coming products, and finalized the last draft of the offering paper. The lawyers were also involved in reviewing and examining the documents. The offering circular as well as other relating information will be disclosed on the FinNexus website in March.
3. The Chengdu LianAn Technology Co. Ltd., also known as Beosin, finished the security audit on the codes of FNX and UM1S tokens.
Team Updates
1.On February 2, the first official promotional video for FinNexus was launched on Youtube. In the video, the founding team interpreted the FinNexus project from different aspects such as technology, economic model and development strategy. The video quickly gained a lot of attention from the overseas community. Video viewing address:
https://youtu.be/rQEiJ_dkuqs
2.On February 2, the FinNexus founding team participated in an online AMA hosted by the Blockcircle community, answering a series of questions from community members about the strategic advantages of the FinNexus, ecological development, and its tokenomic model. For more details please check the recap: https://theblockcircle.com/finnexus-ama-transcript/
3.On February 9, FinNexus founding team participated in Satoshi Club’s online AMA, answering a series of fascinating questions about the strategy to make investors holding FNX for a long term, ICTO’s advantages over traditional ICO/IEO, and how FinNexus will break down the barriers between crypto finance and traditional finance and real assets. The recap:
4. On February 11, FinNexus, along with RiveX and Orion, was nominated by Generation Crypto as the Most Promising Upcoming Defi projects.
5. On February 15, the founding team participated in the online AMA held by Decentralized Club, answering questions about FinNexus roadmap, ICTO, tokenomic model, introducing FNX and UM1S and their conversion rules in detail. Recap:
6. On February 24, the FinNexus founding team hosted an AMA in the Wanchain community and invited Wanchain Vice President Lini, Wanchain Vice President of Communication Oliver Birch, and Global Marketing Advisor Noah Maizels to join the discussion on FinNexus’s ICTO, Wandora’s Box, and ecology development with Wanchain, and answered questions from community. The recap:
Ecosystem Development
- On February 10th, FinNexus published an article explains how FinNexus realized tokenization of various assets and took the first product as an example for in-depth interpretation.
2. On February 15, the FinNexus and Wanchain Insights summit was officially launched. Users can sign up for free to watch the first batch presentation of speakers from ChainLayer, NuoNetwork, Web3 Foundation, KAVA, lomob, and FinNexus co-founder Ryan Tian. At present, the second batch of presentations has been officially launched, welcome to watch and share.
https://www.insights.finnexus.io/
Community Update
1.At 12:00 UTC every Monday this month, FinNexus held four Weekly Chat in the FinNexus official telegram community. During the Weekly Chat, the founding team conducted in-depth discussions with community members and answered their questions.
On the 17th Weekly Chat, Aaron Choi, Kava Labs Head of Business Development Asia, was invited to share the latest development trend of Defi and possible cooperation with FinNexus.
On the 24th Weekly Chat, Li ni, Wanchian vice President, was invited to discuss the upcoming FinNexus Dapp, Wandora’s Box. Founders gave an in-depth explanation of the game rules, the revenue model of game players, and the future expansion and development direction of the Dapp.
The following is a review all the Weekly chat this month:
February 3rd
February 10th
February 17th
February 24
2. From January 1st to 18th, FinNexus launched Early-Awareness bounty campaign (Phase II) and received more than 13,000 community members’ responses. The winners will be announced on the telegram community and FinNexus official Twitter on March 15th. Thanks for your support! Please stay tuned for FinNexus’s next bounty program.
3. From Feb. 10 to 17, the Turkish team participate the bounty campaign and conducted a week-long hosting program, holding a series of operating activities, including interesting Q&A, one sentence for FinNexus, community topic discussions and so on. Turkish team made a lot of infographics for publicity and promotion of FinNexus.
4. The global community of FinNexus continues to grow. The FinNexus official English community has more than 5,700 members. In addition, 22 FinNexus local communities cover more than 6,000 members. Welcome to join the FinNexus global community!
About FinNexus
FinNexus is building an open finance protocol to power hybrid marketplaces that trade both decentralized and traditional financial products. The FNX token will live on the Wanchain blockchain to take advantage of the most robust cross-chain capabilities currently available in the industry. The first products FinNexus plans on releasing will be innovative tokenized assets (available Q1 2020) with value-based on real-world cash flows.
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