Update June 8th – LoopAfter last weeks weekly update there have been a huge drive to get the word out that The Terracoin Foundation is actively updating TRC.
This has resulted in a huge jump in volume and price for TRC. There always will be some market correction, but I think the goal of seeing TRC in the top 100 of coinmarketcap isn’t far off considering the features* we are implementing.
We have a whole list** of things we are working on before the implementation happens, but I am focusing on getting someone to create these weekly updates as Youtube videos. Have anyone who is interested contact me.
We also need to spread the word as much as possible that TRC is getting the changes that it needs and we need to make sure no one is left out of the loop. Feel free to post on any of the following sites. I check each of them at least once a weekday and I know other TRC Foundation members also check these sites regularly.
Bitcointalk -
https://bitcointalk.org/index.php?topic=1364146.new#newBitcoingarden -
https://bitcoingarden.org/forum/index.php?topic=10780.new#newReddit -
https://www.reddit.com/r/Terracoin/Slack - Public Slack Invite (I had to reset this before the post. The old one will not work.)
https://join.slack.com/terracoin/shared_invite/MTk1MjE3Nzk4NzA5LTE0OTY5NjkxMjktZWNlNjkwNTA3NQTwitter -
https://twitter.com/Terracoin_TRCUntil decentralized governance is implemented we still function on donations. I have already agreed to pay Mrbodz for the development, but donations help to offset the cost and give us spending money for marketing campaigns.
Bitcoin Donations address
14LW52k8vhHvHaGfmgx48d3su4RcKPyKcc
Total Bitcoin Donated
.17194391 BTC
Terracoin General Donation Address
12bTKJL3UiypnVQMyFXg7eCJudAyAtgh6p
Total Terracoin Donated
34,656.89725820 TRC
Numbers!30 days ago we were at 0.00001235 BTC (.0212 USD) and today we are at 0.00001462 BTC (.0409 USD). In the past 7 days we were over the 10 cent (USD) price price for a short spike. Let’s shoot for hitting 20 cents (USD) next week!
We are ranked 292 on coinmarketcap with a market cap of $829,205 USD. Last week our market cap was $316,394 USD.
Countdown till Testnet and HardforkWe are approximately 7 weeks from an active testnet and approximately 15 weeks from the hard fork for the implement of DASH’s code.
Notes* We have officially hired Ahmed Bodiwala aka Mrbodz for $4800 USD to implement the following features:
- Add all Terracoin specs to DASH code
- Include all of DASH's features (Decentralized governance, masternodes, instant sent, private send)
- Have masternodes cost 10,000 Terracoin the first month then go down 1,000 Terracoin per two months until it gets to 1,000 Terracoin
- Working testnet
- Help test for a month and a half
- Windows, OSX, and Linux Wallets
** Here are some ideas of things we can accomplish before implementation
- Spread the word as much as possible
- Added to another exchange (bitsquare would be awesome)
- Updated website
- Guides for new users
- Donations to not for profits that benefit the world
- Weeklies turned into youtube videos instead of posts