At Coxena, in the past few weeks, we have been hard at work, and a lot has been implemented while we are excited about the journey ahead. These updates detail some of the things, which have been going on behind the scene.
Technical Updates 👨💻
The upgrades and integrations of P2P, instant-swap and spot-platform facets
1. The implementation of new features, based on feedback and requests
2. Checks and fixes to stabilize the production web applications (P2P and instant swaps)
3. Crypto-to-crypto instant-swap and spot-platform liquidity outsourcing via a tier-1 exchange
4. Crypto-to-fiat instant-swap liquidity outsourcing via a payment solution, recently acquired by a 21-billion-dollar financial giant.
5. Integration of bank deposit option — 60% completion rate.
6. Creation and deployment of a new website, with an improved UI.
7. Adjustment of the mobile app’s UI; the mobile app is over 50% near completion.
Community Updates 👥
1. We have started the private and strategic rounds of COX, and have expanded our ecosystem in that regard
2. The interested community members participated in the beta testing of the web applications (P2P and instant swap), and the first round of incentives has been distributed accordingly. They loved the experience, and gave some feedback, which has been implemented.
3. After finalizing the private and strategic rounds, the IDO platforms and dates will be announced, so community members can buy COX before being listed on the secondary market.
4. Post private and strategic rounds, there will be lots of activities on the community-growth front.
VISION
The mid-term aim of Coxena is to make crypto-asset management, payment and exchange a lot easier, remittances easy to process, implement a great user experience for domestic money transfer, and make crypto-payment integration a lot easier for service providers.
The long-term goal is to capture the Nigerian fintech market, at the core of expansion to other African countries and beyond.
