Plutus
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Plutus

Plutus Monthly Report — Last Ever Monthly Report (December 2019)

Welcome back to our last monthly report, over the last few weeks the team has been onboarding numerous users and distributing slick Plutus Cards across the UK and Europe.

Pinned Announcements

  • Our community has been granted Early-Bird access to our services.
  • Submit your email address to the ‘waiting list’ section of our website and you’ll receive access within 24–48 hours.
  • A complete public version of our services will be available to the public once the community is on-boarded. This will be completed in the coming weeks.

General Update

Onboarding Users

Last month, the team released Plutus 2.0 to our cherished community members, and we have received some incredibly supportive and positive feedback. We have been consistently onboarding users every day and proudly acquired hundreds of users. In these early stages, while we fine-tune any potential bugs and streamline all processes, our customer service and community manager, David Morrison, and the team have managed to upkeep 100% customer satisfaction in regards to our lean customer support.

Last Monthly Report

Now that we have a fully operational product, the team will be changing our content strategy and moving away from monthly updates. Instead, we will be releasing official announcements and newsworthy posts as they come. Users can stay up to date on the finer details through our various social media channels, most prominently our Discord channel.

Development Update

Android/iOS App Live

Our Plutus app is now fully live on both Android and iOS. Customers can sign up, manage their current account, order a card, and top it up all on-the-go. Since the mobile release, our app has been gradually climbing up the store rankings and achieved high star ratings across both operating systems.

Improving KYC Flow

The team has implemented procedures that will minimise re-checks of documents so users can enjoy an efficient onboarding process; greatly improving conversions from sign-ups to Plutus Card customers.

Mobile App Improvements

The team has made several improvements to our mobile application on both the aesthetics and operational side. We have ironed out the last of the remaining bugs and animated our opening logo on splash page for a more enjoyable user experience.

Additional Developments

The team has also covered countless smaller tasks such as:

  • troubleshooting card order flow with our banking provider.
  • cleaning up the database of our legacy members in order to transition them to 2.0.
  • improving the efficiency of conversions on our DEX platform.

Marketing Update

Emails Campaign

The marketing team has been progressively delivering thousands of emails to our established contacts list that we have acquired over several years in order to onboard as much of our community as possible. The email campaign has seen well-above standard benchmark results and our customer base is quickly growing.

Video Creation

The team has been continually creating video content that can enhance awareness and understanding of our products. Below is one of the recently released videos that showcases our Plutus dashboard; the team has several more prepared behind the scenes that we can release at the appropriate times.

End-of-Year Report

The team is currently working on our end-of-year report that we will release to the public in the coming weeks. This will highlight our achievements over the last 12 months and showcase our vision for the future of Plutus. Stay tuned!

Fact: According to a PWC research report, 88% of legacy banking organisations fear losing revenue to FinTech companies in areas such as payments and fund transfers.

With our product up and running, Plutus plans on disrupting the finance sector through consumer-focused services and never-before-seen features.

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…

  • Manage your fiat
  • Access 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 into the mobile app so users can 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.

Those who deposit funds (fiat or crypto) to their card balance and spend will receive up to 3% 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 shopping on a debit card will inadvertently introduce regular consumers into the cryptocurrency ecosystem and encourage mass adoption.

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Plutus

Plutus

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Plutus provides an alternative to modern banking and combines it with the ease of access to cryptocurrencies. Earn 3% back in crypto! https://plutus.it