Toorcoin Quarterly Progress Report (March — May 2018)

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Toorcoin

3 min readJun 18, 2018

Toorcoin has come a long way since its inception. The team is proud to announce a quarterly review of the progress and delivery of Toorcoin. With diligence and extreme passion, the team has met all deadlines while striving to meet the quality bar laid out in our road-map. Below is a summary of our key deliverables to date, including a month-by-month breakdown of our release schedule.

The early days saw development of our strong foundation. After finalizing the direction of the project and releasing our website and roadmap, we worked actively on curating our Whitepaper and Litepaper for an in-depth wealth of knowledge on Toorcoin. Our amazing development team took on the arduous task of creating a unique one token reward staking mechanism — a true differentiator of Toorcoin that rewards all holders — weekly, without the need to set up masternodes! (Refer to this blog post for more details).

We launched our Bounty Program on 18th April, which was extremely well received by the community. We have seen amazing participation and the community has rallied around Toorcoin across the various bounty sub-campaigns. The bounty program will be concluding on June 18th and we are excited about distributing tokens to all Tooristers. Going forward, we will be working with Bounty0x to validate all submissions and then distributing tokens to the community. We are targeting to get this completed by the end of June. We know you can’t wait! J

In addition to the above, we have two more bounty campaigns planned for the remainder of the year, for which we will be disclosing details in the upcoming weeks. For these subsequent campaigns, our early supporters (all of you!) will be central to our plans. As early supporters of Toorcoin, we are committed to rewarding you through subsequent bounty campaigns; so please remember to remain actively engaged on our social media channels and help us spread word about Toorcoin.

Post dissemination of tokens, we will pivot towards building out the Toorister platform and begin curating travel itineraries in an effort to solidify use cases for Toorcoin. Please refer to the roadmap on our website for more details. Furthermore, the team will continue to focus heavily on marketing, community building and engagement.

Last but not last, a special thanks to our amazing and vibrant community. All that we have accomplished to date has been due to your support, encouragement, and passion! We are excited to share Toorcoin with you and remain committed to reward your keen interest with a strong project.

THANK YOU! To all Tooristers — stay amazing and continue Tooristing!