Dear Community,
We’re thrilled to bring you this latest progress update. Our team has been diligently working towards the launch of a state-of-the-art platform for luxury collectibles and we are excited to update you on our latest developments.
Product
- Completed the build of all ALTR components, including building the PDP ATF and integrating the new nav bar.
- Developed and designed secondary market trading functionality that enables users to buy and sell fractions of their assets on the platform.
- Created a detailed profile page for each oracle seller, enhancing the existing page to display more content and information for each seller, ensuring a more engaging and informative experience for users.
- Here is a teaser of the Lucidao rebrand. More to come!
Tech
- The UX and data flows for the secondary marketplace have been built and signed-off, and development can now begin.
- GDPR compliant tools have been developed to aid marketing efforts.
- The Altr smart contract audit with CertiK has been completed.
- The Dune dashboard has been introduced for the Lucidao protocol, and the team is waiting for Coinpaprika listing to gain access to APIs to complete it.
- Several developments related to new tokenomics have been ongoing, including:
- A stLCD proof of concept (PoC) which allows for staking LCD and receiving stLCD to use for voting.
- A proof of concept for LCD single staking with monthly locks.
- Gelato automate integrations:
(1) An auto-whitelist PoC.
(2) An auto-add fees to liquidity PoC.
- An NFT staking/rewards airdrop hybrid system PoC.
We will share a more in-depth article with the revamped tokenomics once ready.
Marketing
- The team has partnered with WatchAnalytics and will publish collaborative educational posts on luxury collectibles and the Altr platform.
- The team held an AMA on March 10th and is planning to organize more AMAs at the beginning of April to share key developments with the community. An announcement will follow soon.
- This week, we published a Medium article discussing the new features being developed on the ALTR platform. Learn more here.
- We have been establishing PR relationships in preparation for some key events leading up to the platform's official launch in Q2.
Bizdev
- We have a new deal sponsoring a V3 pool Gamma farm of our partner QuickSwap, for a new period of Liquidity Pool rewards.
- We are in talks with multiple FIAT onramp firms to determine which one is the best fit for the platform.
Legal
- Our legal partner, MME, is finalizing the review of the collateralisation functionality to build it on a solid legal framework.
- MME legal is also reviewing the legal framework for the digitisation functionality.
- The DAA will be added to the commercial registry to ensure full compliance with Swiss laws. This will allow the DAA to receive grants or loans without limitations and apply for a VAT number if needed.
Our team is dedicated to delivering the best possible platform in the luxury collectibles space, and we’re confident our hard work will pay off. We encourage you to stay engaged with us through our Discord channel, follow us on social media, and join the Decentralised Autonomous Association (DAA) to stay updated with all our developments (https://linktr.ee/Lucidao).
Thank you for your continued support!
Best regards,
The Lucidao team
