Zignaly Technical Roadmap — Q2 2021

Zignaly
Zignaly
Published in
4 min readMay 7, 2021

As committed last week, today we are going to do something different, something that we have kept internal so far, which is talking about the project roadmap. Disclaimer is, that the timings are estimations, and they could be some delays, but also they could be finished sooner. We don’t write this in stone, if something comes out, we may prioritize it and move some other items, but overall, it will give you a good overview of what to expect in the next few months.

Also, this is more of a technical roadmap, does not contain information such as “target listings” or “ZIG utilities”, although some technical developments do hint towards the intended utilization (and we will be doing another blog for ZIG utilities soon).

The Gantt chart below will give you a nice overview of the things we are working on/ or going to start in the next 3 months, there will be more things added as we move ahead into Q3 and Q4.

Zignaly Technical Roadmap for Q2 2021
(Zignaly Technical Roadmap for Q2 2021)

BSC Bridge

It will allow us to make ZIG available to the greater audience that can trade on more DEXs cheaply. It will also help increase liquidity for ZIG, and we are also working on liquidity incentive programs on BSC with relevant partners. The team is exploring the blockchain options regarding our NFT based insurance protocol, and the Binance chain might be the best answer for that.

Performance

We had a troubled start of the year in terms of platform performance, which was multiplied by Exchanges’ problems. The tech advisor and partner that we onboarded (read more about them -https://zignaly.com/blog/coinmarketcap-former-cto-joins-zignaly) are helping us to identify several problems and create a robust, fast, and scalable system. We are already working on a few items that will show results very soon.

Providers’ API

So far, Zignaly’s API only allows receiving data. However, this is not enough for current traders, and it’s crucial when managing pooled accounts from profit-sharing services. We’ll start with a few basic functionalities, and we will be adding more based on traders’ feedback.

Translation to Korean & Chinese

Our lead investor, Parataxis, has a strong presence in Korea, and also we onboarded Vestigium and ICO Pantera during the fundraising campaign as a cooperation partner. We have been working with them to offer Zignaly to the Korean community, which will require translation and support. As we addressed during the AMA’s events, we’ll focus on a few local markets without losing the global approach we have followed.

The same approach as with Korea, Sino Global Capital, and LD Capital are the ones helping us to spread the word in China and attract top traders for offering services inside Zignaly.

Live Portfolio Dashboard

We are very excited about this! The idea is to clearly show how your investments in profit-sharing services work from a portfolio perspective what I do each month manually to see my overall return and have it in real-time.

We are planning a phase of research where we will investigate current portfolio solutions. Then, the second phase of interviews with users to get their opinion. If you have any suggestion and want to participate in the discussion, just let us know in the feature request about this item: https://feedback.userreport.com/66375182-a207-4c0a-9c18-716188f4581c/#idea/331152

Profit-Sharing Hard Disconnection

Probably the most requested feature since we launched profit-sharing. We had to delay it in the roadmap due to all its implications when managing leveraged positions. We may have the item sooner than estimated in the Gantt chart because we understand how important it is for you.

Risk Metric

Right now, there is no easy way to know how risky a service is. We are playing with different approaches to offer a graphical representation of the risk for each particular service. We expect that this helps us make better decisions or understand what we are getting into when following a service. This will also help service providers in estimating the kind of risk they want to project.

FTX Integration

The most requested exchange integration. The implementation time is so long because we need to cover the profit-sharing implementation too. There are some limitations regarding the sub-accounts that we need for the profit-sharing services we need to cover before doing anything. Rest assured that we are already talking to the FTX product team, and if the limitation goes away, this integration will happen much sooner than anticipated.

AWS Migration

This migration is related to the performance, speed, and scalability commitment that we have. We are working on it already and expect to start moving services soon. Another interesting point is that we’ll add several additional layers of security.

Mobile APP

We plan to have a native app for mobile, a reduced version of what we have now as a starting point, and then we’ll add more functionalities without overwhelming it.

ZigCoin Wallets

The first step of our leading utility. Also, it is going to allow us to offer other excellent utilities with regards to using ZIG on the Zinglay platform in addition to insurance protocol (that we will comment on during the coming days).

These are the items that we plan to start in the next three months. Remember that you can suggest new ones on the link below or upvote existing ones: https://feedback.userreport.com/66375182-a207-4c0a-9c18-716188f4581c/#ideas/popular

Additionally, we are also dealing with some licenses that will allow us to offer new products and have exciting features inside Zignaly. The idea is to provide a whole investment experience inside Zignaly.

Last but not the least, we promised to release an explanation video to go with the technical update, here is our CEO Bart delivering the message!

Thanks to our amazing community! 🙌 🚀

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Zignaly
Zignaly

Zignaly is a group of passionate individuals who are building a trusted crypto social investment platform that leverages the playing field for everyone.