Dear community,
Once again, this week it’s time to report on the progress made over the last week. As we get closer to the first drop, the team is working to tie up loose ends and ensure that the Altr launch goes smoothly and is the first step towards our mission of bridging worlds.
Here are some of the highlights from the last week:
Tech
- The buyout formula in the fractionalisation function has been finalised and involves a calculation based on weighted prices given by the oracle index and on-chain trading conducted on the altr.trade platform. The oracle index price is based on in-depth analysis, which will be discussed in more detail in a separate post
- The first Oracle TheWatchBoutique is set up and ready to sell on the platform
- We finalised the frontend portion of the Altr marketplace where all new collectables drops will be announced, and all the information relative to the terms of sale will be displayed. The hero drop pages are also ready.
- Further notable advancements:
- Integration with kyc provider
- Integration with email provider
- Integration with whitelisting smart contract
- Integration with IPFS for signing and reviewing versionable and immutable T&Cs
- Design and architecture of the data model, business logics and frontend graphics for the issuance of fractionalized sale
- Modernization of the tech stack to increase build, test and delivery speed.
Marketing
- We published a stakeholder update addressing the recent market turmoil and why Lucidao has been largely unaffected. Read more here.
- We are working on collaborations that are aligned with our branding and we look forward publishing joint content in the lead up to and post the launch of Altr. Follow us here.
- We are working on a collaboration with a photographer and videographer to prepare content for future product drops once Altr is fully live.
Legal
- We have made advancement with finalising the Terms and Conditions of the platform and Privacy Policy with MME.
- DAA (Decentralised Autonomous Association): We have the documentation for incorporation ready. We are waiting final feedback from MME
Team
- We are looking for a Graphic designer and hired the new Dev to assist Lucidao Dev team as we work towards launching the Altr platform.
If you have any questions, please don’t hesitate to reach out to us here: https://linktr.ee/Lucidao.
See you next week!
