Umbrella Table Talks — April Recap

Umbrella Network Team
Umbrella Network
Published in
3 min readMay 2, 2024
Umbrella table Talks — April Recap

Hello UMB Family! 👋🏻

April marked a pivotal period for Umbrella. Our recent Table Talks session provided insights into these efforts with updates and strategic shifts that are steering our path forward.

Let’s delve into what was discussed during the session:

Technical Updates

The session kicked off with Eugenio, Umbrella’s Product Owner, who discussed recent advancements on the tech side. He announced the successful completion of tests on the Concordium blockchain and Rootstock, with plans moving forward for a mainnet rollout. Additionally, Eugenio unveiled that Umbrella is set to run a node on the Concordium network and stated, “We’re excited about our integration with Concordium; running a node on their network is a strategic move that fortifies our partnerships.”

Eugenio also discussed the creation of new data fetchers for Rootstock, aimed at smoothing the integration of smart contracts and boosting backend operations. This initiative is a key part of Umbrella’s strategy to enhance data utility and accessibility, especially within the Bitcoin ecosystem.

Adding another layer to our security and decentralization efforts, Eugenio noted that Umbrella is relocating its server infrastructures from the US to Frankfurt. This move underscores Umbrella’s commitment to maintaining robust and secure operations globally.

Highlight from the Token2049 Event

Despite unexpected flooding in Dubai, Token2049 was a success. “The event went beyond our expectations in terms of connections and validating our expansion strategies in Bitcoin. Meeting with potential partners who are as excited about our technology as we are reassures us that we’re on the right path” Philippe highlighted.

Welcoming New Talents and Embracing New Roles

During the session, the team introduced Sam to the community, the newest addition to our Business Development team, and announced a significant role transition for Philippe, who has moved into the position of Senior Advisor. Reflecting on his new role, Philippe remarked, “This shift allows me to focus more strategically on Umbrella’s future. It’s about leveraging experience to guide our growth and navigate the evolving market dynamics.” This change is designed to capitalize on Philippe’s extensive experience to guide Umbrella through upcoming challenges and opportunities.

Marketing and Community Engagement

John provided updates on Umbrella’s marketing endeavors, emphasizing the success of recent Galxe campaigns, which have significantly boosted our community engagement on social media platforms. “These campaigns are not just about growth but fostering a deeper connection with our community,” John explained. A great example of this is our Learn&Earn campaign, which is designed to educate participants on the role of oracles in the blockchain space and provide insights into Umbrella’s data solutions. Curious? Dive in and test your knowledge about Umbrella: Join the Learn&Earn Campaign.

Continuing, John also elaborated on the plans for exchange listings, noting that the team is gearing up for a series of listings that are not just about enhancing Umbrella’s market presence but are strategically timed to optimize market conditions and maximize impact.

That’s it for April. Stay tuned as we continue to build! 🏗️🌈

About Umbrella Network

Umbrella Network, is a decentralized oracle service that provides blockchain projects with secure, scalable, and customizable data solutions.

Umbrella offers smart contracts a broad suite of solutions, whether it is high frequency pricing updates, aggregating large volumes of data at scale, or providing tailored price feeds for specific needs. Secured by a network of decentralized community validators, Umbrella can provide any data that you need when you need it.

Follow Umbrella Network on:

Telegram |Discord | Twitter | Announcements | Website | Governance

If you’re interested in becoming an Umbrella Network Partner, sign up here.

To request to add your token to our oracle feeds, click here.

--

--

Umbrella Network Team
Umbrella Network

Decentralized oracle and data layer offering scalable, customizable and high frequency data on chain.