Weekly report 07/22

3 min readJul 23, 2019

Hello everyone!

Here is our weekly report.

Development

1. WAVES STO Contract development has finally completed!
Now everyone can create own token on WAVES blockchain and start Token Sale.
The template is called Security Token Offerings (STO) has the following basic parameters:

token rate
start and end date
whitelist — pre-registration form for participation
soft cap and hard cap
opportunity to change start/end dates
investment restrictions

The tool supports Main & Test net. The first 20 contracts in the Main net will be free for the users. You can try it here: https://waves.mywish.io/

2. We have completed development of freeze mechanic for BEP-2 WISH. How does it work?

If a user creates Ethereum/NEO/WAVES contract (still the most popular blockchain) we freeze 15% of contract’s cost in WISH (rate based on CMC)
If a user creates EOS contracts we freeze 15% in EOSISH
If a user creates TRON contract we freeze 10% in WISH and 10% in TRONISH

Freeze mechanic will migrate to the BEP-2 address in ~10 days.

3. Token SWAP is in progress. Currently, less than ⅓ holders migrated to Binance Chain.

4. Development portal for NEO is in progress. 6 lessons (out of 8) are ready and can be found here: http://neodev.mywish.io/

Marketing

Google Ads performing well during the last 2 weeks. The most part of new clients come from the Google search.
Coinmarketcap has updated the information for WISH token. Total supply and Circulation supply is based on Binance Chain explorer now.

3. Based on Telegram discussion team is considering the change the tokenomics for WISH token (discount if the user pays by WISH, if a user holds WISH, increase % of freeze, transparency problem).

4. COSS exchange is a new partner for SWAPS.NETWORK and will use our service for OTC trading. SWAPS.NETWORK will integrate COS token to the payment system. We are preparing a special article about our partnership soon.