The team is mostly all back – some were on weddings, or travel trips, but the core team is back in their home location and “locked in”. Over a year building and creating and we are listing out these 3 initiatives:
- Fundraising – for our seed round, gathering various interest and points.
- DePIN / products – we are leaning towards focusing in the DePIN product category. (Will share below)
- Product development – what used to be #1 for the majority of last year, is now 3 on the list.
Fundraising: Putting together a seed round.
Market conditions could be better, but we have a solid list of interest and looking to close a bridge round with private investors by mid Summer this year. On track for that. Lots of feedback and enhancements to our pitch deck, offer, and tokenomics, but positive and part of the process.
DePIN: Stands for decentralized physical infrastructure network
These are protocols and products that have ways for the community to run nodes to provide supply to the protocol and earn rewards and income from the demand side who uses that supply. Many have hardware devices and we are working with 1 project as a use case for later this month. More information to come shortly once more confirmed.
Product development: Working on cross chain payments
As more and more people ask for Bitcoin, Solana, and other chain payments, we are working on creative solutions for this in the short and long term. Also so much to do on the seller admin side, building a 2 sided multi vendor marketplace is a massive undertaking and we are nearly there on the seller side functions for sellers to onboard and list on their own.
Exciting times more excited than ever as we have an amazing team, product, and industry that is developing before our eyes.