TOP Network Biweekly Report: November 3 — November 16

In the past two weeks, TOP Network keeps making breakthroughs in various aspects including technical development, fundraising, community operations and team building. United Space Corp announced a multi-million-dollar strategic investment in TOP Network. We just rolled out a series of incentive bounty programs, bringing in a huge number of active users to TOP community. We also promoted a new community manager leader with extensive experience in community operations.

It has been almost four months since TOP Network came out of stealth mode. We can’t image how we made these significant milestones without the support from our community members. TOP Network appreciates all your help and we’re always teaming up to achieve more!

I. Global Ambassador Program

To engage more community members as part of our team and to spread our voice to every corner of the world, we launched our Global Ambassador Program. If you’re enthusiastic about blockchain and interested in TOP Network, apply to be our ambassadors! You will have early access to project updates and networking opportunities with TOP team, and gain more personal influence in your local community. Tokens will be rewarded based on your contribution.

II. Technical Development

1. Completed the technical demonstration of “Built-in Smart Contract on TOP Chain”: Develop Instant Messaging (IM), Group Messaging, and simplified Twitter functions on TOP Chain.

2. Enabled the Edge node to support HTTP2 access.

3. Enabled sending real-time transaction notifications to related clients online.

4. Created V1.0 version of economic incentives and penalties for nodes on TOP Chain.

5. Implemented node-to-node communication and transaction, and supported end-to-end encryption.

III. TOP Community

The number of TOP Network official Telegram group members reached 5500 and has been growing rapidly at a rate of more than 50 every day. We rolled out TOP Bounty Campaign and limited bounty program that is launched every week to get more community members involved in. The number of our official Twitter followers reached 2600, with a significantly growing number of retweets and likes.

IV. Partnership

United Space Corp announced a multi-million-dollar strategic investment in TOP Network. This funding will be used for technical development, community operations, marketing and team building. TOP Network has closed $8 million early investment from prestigious crypto venture capitals including Fenbushi Capital, DHVC, NEO Global Capital (NGC), Ontology Global Capital (OGC), LD Capital. Favored by investors despite the bear market, TOP demonstrates its outstanding ability to survive the crypto winter.

V. Team

TOP Network promoted a new community manager leader Jenny Fang. Jenny has years of community management experience in the tech industry. Jenny joined Dingtone in 2015, managing community operations of communication products. After joining TOP Network, Jenny has successfully completed major community operation tasks including Bounty Program and video production. She is now responsible for overseas community growth and operations.

You can find TOP Network on:

Email Contact: contact@topnetwork.org

Official Website: http://www.topnetwork.org

Telegram: https://t.me/topnetwork_top

Twitter: https://twitter.com/topnetwork_top

Medium: https://medium.com/@topnetwork

Steemit: https://steemit.com/@topnetwork-top

Reddit: https://www.reddit.com/user/topnetwork_top

About TOP Network

TOP Network is a decentralized open communication network that provides cloud communication services on the blockchain. TOP offers secure, low-cost services such as messaging, calling, video, VPN, CDN, IoT data sharing and more.

TOP Network is also a high-performance public blockchain platform designed to handle real-world business of any size or volume. Powered by innovations including three-layer network, two-layer sharding, two-layer lattice DAG and PBFT-DPoS*, TOP can process several hundred thousand transactions per second on the blockchain.

The long-term mission of TOP Network is to build a public blockchain infrastructure for all Dapps. Our world-class team of over 100 developers is striving for this goal.

TOP Network originated from the common underlying network layer of Dingtone, CoverMe and SkyVPN, three communication apps built by the TOP team before the blockchain project. These apps, having attracted over 50 million users in total, will be ported to TOP Network upon the launch of TOP and generate huge volumes of transactions in the TOP ecosystem.

TOP Network was founded by serial entrepreneur Steve Wei and his colleagues in late 2017. Steve was one of the earliest employees of WebEx in the 1990s. After WebEx, he founded a successful video conferencing software company which was acquired by Huawei in 2010. In 2012, Steve co-founded Dingtone, a public listed company operating popular communication apps such as Dingtone, CoverMe and SkyVPN.

TOP Network has closed $8 million early investments from prestigious institutional investors and individual billionaire investors, including DHVC, Fenbushi Capital, NEO Global Capital (NGC), Ontology Global Capital (OGC), LD Capital and more.