Hello Stoboxians,
Last week was a common week for Stobox. We are working in several directions, focusing on deliveries, new clients and tech.
Deliveries include legal management and business analytics work in respect to 5 upcoming STO clients; feasibility reports on how to conduct an STO for newly approached clients. We are matching their expectations along with our technical capacity to setup customised DS Dashboards to perform their offerings.
As we have mentioned in our previous report, we are focusing on new STO customers. We see great potential as well as being both technologically and operationally ready to deliver tokenization. To do so we are building sales pipelines, researching on best lead gen practices, invest into marketing activities.
Finally - the tech. Last year we have started with the concept of the dashboard. Nowadays, we are running our proprietary crypto exchange, develop dashboards and swaps for security tokens, researching on best practices of DeFi. Meanwhile we promote our existing technologies, our R&D team is researching on L2 and the implementation of the new stack to reduce costs and increase speed of transactions. Such innovations are driving the market and bring fuel into the constantly disruptive industry and decentralized technologies. There were several blocks that we were focusing on last week and still are:
DS Dashboard
Preparing infrastructure for customer (STO) deployment. There are numerous nuances both in technical and operational sites of the tokenization, therefore we thoroughly go through the flow and make sure our clients get the best experience and the best product. Next week we are setting up our first STO client - Mariana Mining.
Stobox Exchange
We are continuously developing and debugging. Top priorities are:
Connect liquidity providers to gain depth of the open book
List first 10 ERC-20
Setup complete analytical module to unlock advanced statistics
Developing Portfolio section
API
According to our plans, in September the exchange will be ready for promotion and marketing. We expect to attract users after all critical works on the exchange are accomplished.
Operational
Our team is continuously enhancing sales, analytical and operational processes. Even the end of summer is a low business season, our sales team is closing STO deals and develop scalable processes to meet the growth.
Check out Stobox Security Token Offering now!
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