SKIPPY UPDATE: Bridges, Dev joining
Good morning I trust you're safe and well and enjoying the end of year wrap ups as we move closer to Christmas which has been one of the hardest years to date with the pandemic situation constantly evolving.
You may have noticed that things have slowed down a little in regards to SKIPPY due to a few things as we are awaiting for our website dev to come online which was previously announced. We are seeking some more legal advice around the project trajectory and some options that are being developed as we draw in close to the lock period.
We haven't been able to achieve the desired goal we were seeking and with only 4 and a half days left we will need to hit the drawing board again to replan our path forward.
In all things open and transparent we've been using cointool service and it has been extremely expensive and I would ward people off from using this service. Each step you will be charged 1 BNB. If I had of known that Cointool would be taking 1BNB after this 21 day period I would not have used it. They also charged us 1BNB to use the function. It has costed the project more to use this service than it has earned.
Current costs: 3BNB for Cointool use
Advertising: 2BNB
So as you can see, that hasn't been good value for money.
Terra Bridge
I am currently planning a bridge to Terra network and with the current changes Terra will be bringing that will enable people to submit their tax information easier I think it is a good move in the right direction.
Unfortunately we will need to wait for a locked pool to commence working on the bridge as it will require liquidity to draw from to enable the transfer of memes. There is also a bit of coding work that needs to be done and we have some good news on that front as I have located a developer we can draw on to further drive the coding work that is required.
They are currently working on another project and our first meeting isn't scheduled to occur until next weekend.
All else seems to be on track and we will be able to pick up the pace a bit more once we complete the 4 remaining days.
If you haven't got your skippy yet and would like to you can do so below
This is not financial advice and readers are advised to undertake their own research or seek professional financial services
Posted Using LeoFinance Beta
Was the cointool site not transparent with how much they would charge you for their services? I would think that anything dealing with money would be easy to see.
Posted Using LeoFinance Beta
Not that I can see, I've been pretty happy with it thus far except until this point as I've already paid 1bnb to use the sale function than they want another 1bnb at the end of it. That's quite expensive.