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July 04, 2017, 11:19:04 AM |
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Dear Community,
Some fruitful days are behind us, so we have some interesting news for you. Thank you for all your opinions here and on Slack, we will try our best to improve our marketing and promotional side. It is true, every coin/token has a development team that is trying to concentrate on development and improvements, pushing Smart Contracts in testing and publish them as soon as we can. It is very easy to set a long wish list of things that "should be done", but we must set a priority to each task to get things done. I am sure that there are many views of what our priorities should be like and also we are constantly reviewing our set of goals, but expecting that everything will be done immidiatly is not realistic. Human resources are limited and we must use them with consideration.
ATM, we are focusing on development of DAO SCs and Dapp. Our priority is also to change [ANN] page and to organize a Community Meetup. All other promotional and marketing activities should be addressed by DAO and Executive Board. Those respected members of Executive Board will have a power and the obligation to fulfill these needs, that you identify. Our current PR is surely not strong enough to fulfill all your expectations. We understand, that a lack of these activities are obvious at the moment, but to enable DAO to work properly, we must first develop and test corresponding SCs.
Community Meetup - we are still looking for a proper platform, but whole infrastructure should be ready soon.
DAO
DAO Smart Contracts are in final development stage and should be ready for testing on testing network on Friday, 7.7.2017. We will deploy Contracts on the main Ethereum Network shortly after that. For now, we decided to implement 3 different proposals beside regular elections: - proposal to establish a new position/title within Executive Board, - proposal to cancel a position/title within Executive Board, - proposal for no confidence for already elected member of Executive Board
After deploying SC on Main Ethereum Network, we will also make next steps: - prepare Dapp for more convenient interaction with DAO contracts, enabling all members to candidate and vote in a simple and straighforward way, - claim and lock tokens for the development and DAO Funds, - publish step-by-step instructions on the voting mechanism and overview of DAO structure.
DAPP
Distributed application is under development, we already showed you screenshots of the design. Currently we are working on BI and cutting the design, but whole thing should be ready before the election date, that is currently planned for the next month.
DAPP is going to have next mayor funcionalities: - transactions - locking and claiming (CreditBOND) - voting and candidating (CreditDAO) It is possible that these functionalities will be added with each version and not released alltogether in the first version.
CreditGAME
After deploying CreditDAO and DAPP we will soon push forward our CreditGAME contracts. We already prepared some games, but they must be linked with other SCs before the deployment.
Comments on other topics
Some people are constantly bringing up questions on Development Team identity, although we explained, that members of Executive Board will reveal their identity and lead further development and financing. Development Team is here to develop and not to bother with doubters. We are trying to publicly announce every step we make, making our project as transparent as we can. We are not getting any profit, Development Fund is going to be locked and only CreditBOND yields will be used for further development.
There are still some members desperatly asking us to repeat the migration. Migration is concluded.
Some members are asking us about the markets, "pumps", volatility, investment opportunities, internal information about development and exchanges. We have no intention to answer any of these questions. We have no power whatsoever to manipulate or influence the markets, except with our development. We are still in early stages of development and it is expected that the markets will go up and down, the exchange rates are dictated by the open market. Our responsibility is to include CRB token to as many exchanges as we can to establish maximum convertibility.
Please give us some space to deliver you DAO. We will give You all the power to candidate and elect the team, that will raise the visibility of this Token, create a new development roadmap, analyze the appropriate steps to drive our Token to the place where it belongs.
We are going to invite some of current Community members to participate in development and designing. ATM we can only promise the future reward from Development Fund (yield) in CRBs as the compensation for your work.
Dev Team
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