Weekly Announcement — 1.27.22
Hi Everyone,
We hope you’re all doing well! We want to start by apologizing for last week. We didn’t release a weekly announcement because we encountered some complications, and things just got a bit tangled. That’s in the past now, we’re back, and we’re continuing with our weekly announcement.
Recap
Instead of doing a recap of what we did last week, we’re going to recap what we did in the past two weeks.
Reelty
A few weeks ago, we gave you guys a sneak peek of Reelty’s front-end. The front-end is just the tip of the iceberg. There’s a whole backend involved that needs careful planning and execution because of its complex nature. In the past two weeks, we’ve been designing the architecture of the entire backend and how things will operate. We have our schematics ready, and we’re hoping to start working on the backend early next week.
Exchanges
Within the last two weeks, we applied to more exchanges. However, we have not yet heard back from the ones we have already applied to. The exchanges that we submitted applications to within the last two weeks are:
- Hotbit
- SafeMoon
These two exchanges were requested many times by the community. So we just went ahead and applied.
Pitch Deck & White Paper
We understand the magnitude of the project that we’re building. It’s complex, innovative, rewarding, and unique. We also know that we’re going to need a lot of help if we want the Reesykle ecosystem to reach its full potential. We spent some time working on our pitch deck and white paper. We want to start passing our pitch deck around to some VCs, hoping they will join our community and help us build Reesykle into the ecosystem it was destined to become.
This Week
This week will be interesting, not just for the Reesykle community but the crypto community as a whole. The crypto market seems to be in a bearish state. We just have to weather the storm. This week, we’re going to do the following:
Website Update
We have minor updates coming to the website to give us a more ecosystem look and feel.
Pitch Deck & White Paper
Creating a white paper is easy because you just have to talk about the project and the vision. On the other hand, a pitch deck is a bit more tedious because it requires extensive research into the market that you are attempting to disrupt. It involves analysis of market size, potential growth, current interests in the project, the problem, the solution, etc. We’re going to allocate some time to work on this.
Reelty
Now that we have our schematics ready, we need to devise a development plan. This week, we’re going to determine whether or not we want to make the whole project open-sourced or keep it behind closed doors. There are some pros and cons to this, and we’ll be discussing them later.
That is all for now. There hasn’t been a lot of movement within the last few days, but we’re still working.
Thank you all again for your support and your patience.
Cheers,
Reesykle Team
