Hello and welcome to our 3rd bi-weekly report. We will give a brief outline of significant events that transpired in the Engagement Token world in the last two weeks.
- ENGT Listing on new exchanges
Due to the efforts of our token holders, we were listed on two new exchanges HitBtc and Tidex with ENGT/ ETH and ENGT / BTC pairs on both. This has been a difficult and treacherous process. Listing a project on exchange and CMC is extremely difficult now.
- Market dynamics
We are seeing a broad sell-off in the crypto assets. Unfortunately ENGT is affected similarly to the crypto cohort. Let’s hope for some good news soon.
- New Engagement Platform is coming out, code name: MAUI
Within a month our team will be launching the MAUI version of our Engagement platform. The technology has been about a year in the making and will be heaps better than the current implementation. The new implementation will use server rendering and will be lightning fast. It will also feature an API layer allowing 3rd parties to connect to ENGT capability. We hope to get more publishers into our fold with improved technology.
- ENGT to FIAT or ENGT to Crypto on outside of exchanges
A big element in our strategy is to enfranchize regular – non-crypto savvy users into the ENGT universe. For this, we need to give users the ability to easily withdraw and liquidate their ENGTs without dealing with crypto exchanges. To accomplish that ENGT is partnering up with a licensed payment processor to give users the ability to withdraw their fiat balances to their PayPal or to their crypto wallets without going to exchanges. Payment processor will do the sale of ENGT on the exchanges on user behalf. We expect to have this capability in our MAUI platform.
- New properties to be launched on Engagement Platform
We are kicking off the development of ENGT native portals that will be destinations for users to earn ENGTs. The first platform will be called Engy.io it will be placed where users can talk about trending news on the internet. The second one is called MooningTokens.io where users will be able to talk and try to predict the next breakthrough crypto coins. These are the first two portals that EGT International will create on the basis of the MAUI Engagement Platform, with the idea that more portals and publishers will join as time passes.
- CEO AMA
We will be hosting Constantine – Director of EGT International in our TG chat during the first week of September. Please stay tuned for the exact date.