Plow Prelaunch Update

Plow Team
Plow Finance
Published in
3 min readMar 12, 2021

Hello everyone,

It’s been a while since we’ve given an update. Here is a quick breakdown of where things stand.

We’ve done a vast majority of the work we’ve needed to do to get moved over to Binance Smart Chain. We just didn’t need to convert the liquidity mining dApps, etc over to BSC, we had multiple other major products under development that needed to be rethought considering this move. It’s been a lot of work, but we’re excited about getting everything launched over the next few weeks.

The DEX

This is just one of the designs of the trading screen.

We’re banging on our dex in testnet to make sure it’s ready for primetime. We’ll open it up in a couple of weeks for private testing to a small group of early beta users directly from our telegram community. Then, we’ll publicly launch the Dex sometime in Mid April. We’re targeting April 12th.

Our goal is to bring a more intuitive design to decentralized exchanges. We realize that people love decentralized exchanges for a plethora of reasons, but the UX/UI experience isn’t one of them. We’re working hard to improve that experience.

The IDO Platform

The good news first: We’ve already secured a deal for our first IDO (which will go live next month). It’s a crypto startup in the NFT space. Stay tuned for updates. We want our platform to be a launchpad for great crypto projects. So not only will we list the great projects on our exchange, we’ll help incubate them and give our users early access through IDOs. We feel this would be a powerful combination and we’re excited about launching both the IDO and Exchange simultaneously.

New Team Hires

Over the last few weeks, we’ve added the following members to our team. So soon there will be a flurry of marketing activity around Plow. Right now, things are quiet but that won’t last for long.

Content Director

Social Media Manager

Awareness Chief

IDO Researcher

IDO Marketer

Partnership Lead

IDO Sales Lead

Ambassador Lead

Listing Manager

Whitepaper

The first version is complete. We’re just iterating and should be ready to publish it at the end of the month. It’s 19 pages and we need to edit it down to something more palatable. It will answer any questions you have about the project, vision, tokenomics, etc. It’s been an important process for us as focus on taking the next steps for our business.

New Contract Launch

We’ll publish the new token in a couple of weeks and then convert to bep20 on Hotbit.

The Airdrop

We’ll do the distribution when we launch the exchange. We’re discussing it internally, but we think one of the best ways to do it would be to stake the tokens and then whitelist everyone from the airdrop for the IDOs. Would likely be much more profitable that way considering how well IDOs have been doing.

We’re working hard here. Thanks for your attention!

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