FinNexus Monthly Progress Report (March 2020)
Technical and Operation Progress
- On March 28, FinNexus first Dapp, Wandora Box, is officially launched on https://wandora.finnexus.app/ where users can wager on WAN/BTC price trends to benefit from the bonus pool. And here is the game rules https://github.com/wandevs/wan-game/blob/master/GameRule.md.
Team Updates
- On March 4, Biture officially announces its cooperation with FinNexus, Cryptodiffer, Generation Crypto and other social media have reported the announcement.
2. On March 11, Biture reveals the cooperation with FinNexus token sale, and if users use BTC to purchases FNX will get a discount. Meanwhile, 5 activities were planned to mark the cooperation.
3. On March 12, Biture announce that future asset-backed tokens related to $FNX will be issued on the $XRP Ledger and pointed out that this highlight another use-case for the XRP Ledger and closely aligns with the vision of Ripple
4. On March 13, FinNexus and Biture release an official announcement that theFNX token distribution event will be postponed due to the volatility of the markets. More updates for token distribution will be provided to the community soon.
Ecosystem Development
- On March 8, GoodAudience, a well-known media platform, published an article entitled ‘ICTO: The safest token offering model ever?’ And gave an in-depth interpretation of FinNexus ICTO. For more details please read at:
https://blog.goodaudience.com/icto-the-safest-token-offering-model-ever-692c164b694b
2. On March 9, FinNexus published an article ‘Does FinNexus Have Competitors?’ giving a detailed reply to a question come from the community and talking about the connections among different Defi projects.
2. On March 10, FinNexus published an article ‘Q&A about the FinNexus’ token distribution model — ICTO’, explaining the concept of ICTO and FNX, as well as the conversion rule between FNX and UM1S.
3. On March 18, the 3rd part of the FinNexus and Wanchain Insights summit was officially launched. Users can sign up for free to watch the presentation. Welcome to watch and share.
https://www.insights.finnexus.io/
Community Update
- FinNexus held five Weekly Chat this month in the FinNexus official telegram community.
On March 9th, Mark Tan, Co-founder of RiveX, was invited to discuss the relationship between FNX and safe asset UM1S. Founders gave an in-depth explanation of the converting rules, the advantage of FNX and UM1S, and the future developing plan.
The following is a review all the Weekly chat this month:
March 3
March 9
March 16
2. On March 28, for users’ better experience and understanding of the Wandora Box, the bounty campaign named “Open the Wandora Box” with 6000WAN in rewards was launched. This campaign will last for 3 weeks, for more details please check
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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