Sep 3, 2019
Plutus Monthly Report — Final Steps (September 2019)
Welcome back to our bi-monthly report, Plutus is on the edge of rolling out our new and improved products and services to the wider community and the team are incredibly excited to have achieved what they have. Over the last fortnight, we have been working on finalising the details of this landmark chapter.
Pinned Announcements
- Access to features is available to team accounts and members of our Pilot Programme.
- The aim of the Pilot is to gather feedback from our community in order to provide an improved platform for the wider audience.
- Our site and a new app will be available to the wider public once the pilot ends, unveiling our new live features.
Development Update
PlutusDEX Feedback
Last week the team successfully released the new and improved PlutusDEX to the pilot programme users for further stress testing. The peer-to-peer trading platform works smoothly, and the team received little to no bug reports from our community members.
With both the PlutusDEX and mobile app working proficiently, we can open up the doors to more users after a final audit from our banking provider. The gold-foiled VISA debit cards are sitting in the warehouse awaiting personalisation with your name, expiry dates and a unique 16-digit card number.
Finer Details
The development team has made numerous small but necessary additions to the platform. This includes completing download functionality of our T&C’s, privacy and cookie policies; improvements to DEX admin search functionality; and analysis of a feedback survey from our test users.
Marketing Update
Website Design
The team has been progressively working through a number of sub-pages over the last few weeks and the design for our new ‘About’ page is complete, this will provide new users with information on our available custom-built features and corporate values.
Illustrated Video Script
The team are in motion to create a 1-minute illustrated video that will easily and professionally break down the Plutus features visually. We have prepared a first-draft script ready for production.
Announcements
The team is preparing a press release in conjunction with our award-winning banking partner to announce the landmark partnership. It will be coupled with other exciting news related to the product release.
Emails Design & Research
Although the platform is currently limited to community members only, we have a huge mailing list of people who signed up to join Plutus during the 2.0 release; we’ll be using a targeted email campaign to convert these into subscribers and accompanying this with a referral programme to help grow the Plutus ecosystem.
The team has also undergone a deep dive into the analytics provided by our highly reputable emailing platform so we can make more informed decisions based on the preferences of our audience.
General Update
Going Monthly
With our MVP nearly public, we will be transitioning from a bi-monthly report to a monthly report. Plutus is dedicated to delivering consistent and transparent reports and we will continue to do so in a more in-depth but less frequent manner; the next report will be available in October.
Contis Audit
We have received a final audit date from our banking provider in early September and we expect to see the results imminently after. From here we can kick-start Plutus’ journey as an innovative finance app and ship out official Plutus Debit Cards to our cherished community. We thank everyone for their involvement in reaching this momentous milestone.
Fact: A private key is actually just a random number between 1 and 115792089237316195423570985008687907852837564279074904382605163141518161494337, but we usually see it in a hexadecimal format which includes both letters and numbers.
The sheer volume of possibilities makes a private key incredibly difficult to crack, however, stealing the private keys is a much easier task and centralised exchanges who store vast amounts of pooled assets are the prime targets.
Plutus has integrated a decentralised exchange (PlutusDEX) so that we never have to store our users’ cryptocurrencies, this removes the possibility of Plutus experiencing a cryptocurrency hack.
Social Reminder
As always, we would like to remind you of our various social media platforms. Our Medium page is the best place to stay up to date with company announcements; we have reached an exciting period of development and you can expect plenty of major updates in the coming weeks. Join us here.
Our Discord channel is a great place to get in direct contact with the team or community. You can find answers to FAQs, receive customer service help with our products, or hear the latest on our bounties/giveaways on this channel. If you have any questions, make sure you reach out to our staff here.
We also stay active across a range of other social media channels. If you want to stay as informed as possible on Plutus, make sure you follow us across these.
About Plutus
Plutus is a non-custodial finance application that incorporates digital currencies, this is a revolutionary development that has never been achieved before.
There are five elements that make Plutus 2.0 the ultimate finance app. You can…
- Access and manage your fiat
- Access and manage your crypto from the same interface
- Freely and securely exchange between the two asset types
- Spend anywhere via a Plutus Debit Card
- Earn blockchain-based tokens in the process
Users will be able to deposit GBP/EUR directly into their very own Plutus Current Account. We are also integrating a very well-known 3rd party decentralised wallet provider so you can access your cryptocurrencies from the same user interface. The ability to manage both asset types from a single app brings much-needed convenience and simplicity to a tech-heavy sector.
We are also integrating our PlutusDEX, a peer-to-peer trading platform that allows users to buy and sell cryptocurrencies seamlessly without the security concerns. Plutus is non-custodial on the crypto side which means the users are always in complete control of their funds; any company hacks or downtime will have no impact on the users’ digital currencies.
Users will be able to spend at over 400 million merchants, online and in-store, using a Plutus Debit Card. The integrated exchange means users can seamlessly convert the amount of crypto necessary for a payment into their native currency and spend in-store.
With every Plutus Debit Card top-up, the user will receive a 3% rebate back in the form of Pluton (PLU). PLU can be sent to friends on the blockchain, converted to cash using our services, and more. Rewarding users for everyday debit card activities will inadvertently introduce regular consumers into the cryptocurrency ecosystem and encourage mass adoption.
