WOW!! What a few months it has been for the team here at Collateral Pay. A huge thanks to our great community for getting involved and for your continued support.
We are constantly striving and now having successfully completed our TGE, we want to keep our community continually updated with developments and our roadmap.
In Q4, we are delighted to announce that we achieved all the tasks set out; Early Adopter Round was closed, ERC-20 Token Smart Contract was completed along with the ERC Staking Contract and finally DAPP Wallet development commenced.
In Q1 of 2021, despite a global pandemic the team continued to work extremely hard and we are pleased with what has been achieved in a short space of time.
In Q1, we completed the total brand overall and launched our new website ahead of the TGE. We worked tirelessly behind the scenes and were thrilled with the on boarding of a number of well-known VCs, with proven track records and the feedback for Collateral and the overall uptake has been astonishing.
We completed our tokenomics and this was reflected in the updated light paper. Which can be found on our website:
On Wednesday 31st March, we completed a successful DuckStarter IDO, which sold out in record time. We then followed this up on April 4th with our NFT launch with our partners at Bondly Finance. Finally, on April 16th we did our final IDO Platform launch on Ignition, with our strategic and investment partners, Paid Network. A huge thankyou to all those partners, who allowed us to reach different communities and give people an opportunity to purchase $COLL, prior to the Uniswap listing.
April 16th only a few hours after the completion of the Ignition IDO only a we listed on Uniswap. We then on the same day launched our staking pools, which sold out rapidly and we were delighted with the performance of these.
Again, we achieved all the goals set out in our Roadmap, which was fantastic news. Our attention now turns to the Collateral Governance tokens and the Merchant on boarding process, this is constantly ongoing and announcements will be made in due course across the official Collateral channels.
We have also fitted in additional tasks, which is quite remarkable given the current global conditions we are all experiencing. We launched on Uniswap as mentioned above, however due to the high fees, we listened to the community and on April 21st completed our tech development of a Bridge over to Binance Smart Chain and listed on PancakeSwap:
Which now brings us into Q3, which will see main emphasis as per the roadmap on the tech aspects of the business. We will continue to keep the community both engaged and up to date.
Obviously a huge amount of information to take onboard and so proud of the team here at Collateral and what has been achieved in such a short space of time. The team is growing all the time and announcements and appointments will be revealed in due course.
We have some further news on Trading Competitions, Liquidity Rewards Programmes and a host of other news. It really is exciting times ahead.
Thanks for being part of the journey!
COLLATERAL is the next generation payment gateway built on Polkadot and accessed through an interoperable crypto wallet, granting access to spending power by using crypto as collateral at the point of sale. The platform allows users to pay instantly by using crypto as collateral, giving its global user base access to funds and the ability to pay and spend crypto instantly anytime, anyplace, anywhere.
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Thanks for joining us at Collateral!