Dear Community, We thank you for your interest on the project.
This is our weekly update:
Development: We saw many questions about the staking.
We have currently in hand the V1 Staking contract for MATIC and for FANTOM network. The contracts are being audited by partners, while we are queuing for a full audit with a renown company.
The contract work has followed:
- 1 month length staking 15 % APR
If term is respected, you will receive one NFT + your reward.
This NFT will be used as boost for your investment score and will allow you to have a better visibility on the chat, and greater allocation for the funding opportunity on the platform.
Our plan is to be able to deploy it with the redeemable NFT which is now in second round of phase test.
We expect to have it deployed through the next week. (+/-15 days)
What is the redeemable NFT:
For now, you are receiving your weekly airdrop by an automated batch.
Our key feature, the redeemable NFT will take the relay.
You will at the deployment at the platform, receive an NFT Loaded with your vested token.
Owning this NFT allow you to redeem yourself your weekly token.
If you decide to sell your NFT, you are selling your vested token.
Cool thing is the project will have to use this feature, and by doing so, that will trigger a burn of ESCROW token
The rate of burning will be defined with the first project launch planned for Q1 2022.
A clear article describing the feature will be published few days before the deployment.
Our developers are currently working on a hybrid mobile version, that will be available at same time.
A second part of our developers are working on Staking V2 already to offer a multi tiered pool. (3 different term + higher APR).
We also started previous week a hiring process for the following position:
2 Front end developers + Blockchain engineer to complete the team and accelerate the development process.
Concerning projects:
Very great news:
We have currently 4 projects that want to use our protocol, 2 from cryptosphere, and 2 from real world.
We will onboard them in Q1 2022.
Our strategy with professional partners is working good, and the flow of project is already gravitating around us.
Concerning Marketing :
@Ana_Olmeda, our PR & Marketing manager did work out with all our media and advisor partners great events:
- Ambassador program rewarding influencer, and people who bring to us project.
- Mass mailing campaign.
- Community FAQ competition with 2000 USD reward split for 5 winners.
- VC NFT reward campaign with deep introduction and AMA with them.
- Opening of UAE and Dutch community.
- Big coverage withing Miami blockchain submit for the Escrow Bat Collection.
- Partnership announcement (We made more than 40 partners, and we have a lot of networking announcement that will come)
We are also hiring in that department, graphics designers and content writers.
We do work around the clock to make great things for all of us and the progress are significant.
It is hard to communicate and all stage since the industry is evolving very fast, though we listen you, and we will work on improving feedback to you all.
The best is yet to come for Escrow, and we wish you an excellent 2022.
More details;
https://t.me/Escrow_Protocol_News/188
