It is sad to see Vsys slip from the top 40 rank to 160 in the space of a year. I understand that the team is doing a good job of regularly updating the project. But they need to push for more. They are a DeFi project and looking at the crypto market and we can pretty much say that defi projects are killing it right now.
if you ask me, Sunny king created the PoS system and the SPoS system, yet other projects have benefitted by adopting the PoS system and capitalizing the market. Whether Vsystems will do the same or not, I don't know. I just hope they promote themselves hard enough so that people get to know about them. I think many crypto users don't even know who Sunny is or what his projects are.
We are concerned with the development of the project's features at the moment. We already have a few partnerships signed on and are actively working with these partners to get their tokens publicly available soon. However, these partners' products are liable for regulatory checks by the governments where our partners originate from and since these things take time, progress will be slow on that front.
Beyond that, our engineers are working dedicatedly and pushing updates every week, admittedly the covid did slow us down a bit which has forced us to update our roadmap. Take a look.
We believe, once our current year's goals are achieved, we can begin focusing on oboarding more ecosystem projects, which will fundamentally propel our coin prices and coin rank higher up than what it is right now. This isn't something that can be neglected with hype marketing that many other projects do.
Check out our latest weekly update for the first week of October 2020.
https://medium.com/@vsystems/weekly-report-1st-week-of-october-2020-89e934387943In this weekly report (1st week of October 2020): The atomic swap contract has been tested for on-chain and cross-chain swaps, unit tests are currently being written and revised. Our team has answered all the community questions. The open source code of Node Manager2.0 will be available on Tachyon’s Github soon. Please read the full report below.
We recently collected a few questions from our community members, here are the questions that we addressed on our first Community AMA.
https://medium.com/vsystems/v-systems-community-ama-be78c586205f