CEO Recap: Week of April 8th
Dear Community,
This is our second in the CEO Recap series, the first was published last week for the Week of April 1st. As a reminder, this series was created to provide transparency on what the team has done each week. Technical progress will be published separately.
We published the second in our “Conversations with the CTO” series that focuses on his technical background, product development, the tech team, along with other questions regarding beta testing and the future of the project. We created this series to share with you the CTO’s background as well as direct many questions the community has had on our product development and how we envision this project in the blockchain space. We hope that he provides insight into what Konstellation is working on and planning to achieve as a uniquely positioned project.
Since the ICO, as the CTO has mentioned, we’ve made many improvements in the user interface elements of the product as it is important for not only institutions that we work with to interact with our technology more easily, but also for our community that will also be using the platform in the future. In order to do this we need to implement measures such as improving KYC, along with digitizing legal contracts, among other functions we are incorporating to ease the transition from an institution-only platform to an inclusive one.
In an effort to increase transparency, as I mentioned last week, we decided to hold the beta testing of the DARCwallet, which I apologize was delayed due to logistics preparation. To move things along we will be reaching out to those that made the list to coordinate with them on next steps, please be on the lookout for instructions directly from one of our Community Managers.
In terms of marketing, we’ve been discussing different ways to increase our marketing efforts outside of the community. Though we cannot disclose all of the efforts we do appreciate your feedback on any suggestions you as part of our community has on how we can improve.
To increase transparency, we published Part 2 of the Behind the Scenes “When Exchange” series to share the process behind researching and selecting exchanges to work with along with some information on what occurred with BitMax.
One of the biggest news we shared was our first exchange listing, Exrates. In this piece, we share our rationale on choosing it as the first of many exchanges DARC will be available to trade. We understand that some members of the community are disappointed and we want you to know that we hear you. As I mentioned in the AMA, we are working with an experienced partner to ensure there is an orderly market.
This week we began our “Team Spotlight” series with my co-founder and COO, Natasha Bans, who talks about her own background, the key milestones the project has achieved, the team based in New York and how business development is progressing.
Lastly, if you missed the AMA on April 3rd, we have since published Part 1 and Part 2.
Thank you everyone for your continued support.
Regards,
Sang Lee
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