Fundi Developments Update
It’s been a busy few months at Fundi Finance, so we thought we would give another roundup review. Let our favorite guys and gals know what is going on in the METAVERSE…..Oops, I may have given one clue away already…
So what have the Fundi Fam been up to? Let’s start with the IDO of FF on DODO DEX
Fundi‘s Crowdpooling will start at 11–25 18:00utc. The total supply is 5,000 FF, Price 6 BUSD. https://app.dodoex.io/cp/join/0x0e38d70273fc4103ffda4064076b0225b568a70f?network=bsc-mainnet
Website UI Update
The website finally got its v2 makeover and was deployed earlier today. Fundi team has spent a good eight weeks and several board meetings editing and branding the website. You can all check out the new website here https://www.fundifinance.com/.
Co-Founder KAKHA TATELISHVILI said,
“ This is something I been pushing for, for some time, the old website layout was too basic for me not enough data on the project. Finally, after months of flow charts smart contracts and regulation work, I got some time to help reshape it”.
Fundi Documentation Updates
With some aspects of protocol design and smart contracts on track and audited, the team has finally had time to sit down and deliver the promise to provide final versions in pitch deck/light paper/whitepaper. The whitepaper and light paper are still in graphic editing. However, we are delighted to show you some of the hard work with the pitch deck here https://1drv.ms/b/s!Ase6OFZREJGOpCJLeFSwu5IN7tXd?e=LpaBsa.
The light paper will not be far behind, while the whitepaper the team is still writing some aspects to a large project. We hope to have the whitepaper ready within the next couple of weeks.
Global/legal Advisor CONRAD BEYER said,
“The team behind this project has their finger on the pulse of where this industry is going. They have approached asset-backed tokenization, real estate, lending, and overall finance in a very cohesive manner. The newest updates, documents, and technical articles provide tons of detail for both seasoned and inexperienced investors. The potential for partnerships is enormous, and I’m very excited to see it move forward!”.
Gitbook/Github Updates
By now, you can see the team in recent weeks has been busy providing excellent clean trails of documentation and getting the front end of the project ready for the next phase. This brings us to GitHub and GitBook; Githubwill remains private for the next few weeks while we secure any sensitive data that we have not yet launched. GitBook now has public pages and will be updated constantly as we go. Please follow the link to GitBook here
https://fundi-finance-1.gitbook.io/fundi-finance/.
Governance Dapp
Some of you will be aware the Fundi Finance governance dapp went live at the end of October. The team is pleased to set the ball rolling on Fundi Finance becoming an exciting DAO for investors to optimize their total wealth portfolios.
The governance dapp works by taking a snapshot of users’ FF token from their wallet balance, and the smart contract gives users voting power. 1 FF token = 1 VOTE; votes are capped to a max of1000 per user.
CEO, DES PROUT said,
“It just great to have the governance dapp live. Weare a step closer to a superior DAO system now. Finally, we can show the true agenda of this great project to our existing/potential investors. We will be a top competitor to existing DAO systems while offering services none other have or will have thought of; we truly are in a great place”.
To date, Fundi Finance has seen two governance votes
1) To skip the second round of private sales that was due to start before IDO.
The result was 100% majority voting for a yes.
2) Choice to take up the Nuls Blockchain SCO program with a reward pool of 7.5 million CRA tokens.
The result was again 100% majority for yes.
Community Updates
This area has seen several new team members join the Fundi Fam; telegram now has a good-sized admin team capable of coping with the future growth once the project goes live. Fundi has always executed community management well with engagement in many levels; the gaming rewards continue to run for some fun. While board meetings often mention new ideas for the community incentives allocations of house tokens.
Some past community engagement was excellent, particularly the bounty rewards and the NFT project Degen Apes.
Community Manager and co-founder STEVE MACHIN said,
“Building the community has been a great challenge and something the team, and I take seriously; we have plenty of surprises to come that will build on the success of those already achieved. I am particularly proud of Degen Apes and bounty rewards. They were just so engaging”.
The lotto raffle is another area the team is working on to improve in the coming months. With several rounds of lotto, the community has found it great fun. The Fundi team has plans for a lotto dapp in the coming future, giving the lotto a more significant gameplay feature.
Smart Contracts/ Dapps and Technical
As reported before, Fundi Finance has three completed security audits of smart contracts, 2 for liquidity pools 1 for Fundi private sales round 1, hosted on Ninja Swap DEX in the summer. All audits have been conducted with Fundi Strategic partner RD Auditors.
Fundi smart contracts continue to develop with intentions for FF pools, both naked staking and LP being ready to live launch in the first week of December 2021. Another audit will take place before release to give absolute clarity to the dapp and smart contracts.
So much has been happening in these three areas lets continue….
Protocol design has progressed dramatically, the team spending hours and hours designing the ecosystem. A lot of time has been spent on presenting the data to the community in several areas. Fundi is pleased to show some simplified flow charts to help even average Joe understand.
Fundi Finance Ecosystem Chart
Link to flow chart from zooming https://1drv.ms/u/s!Ase6OFZREJGOo3GpQ6Hdz2JGjLW7?e=jfiNW4
Real Estate Backed Liquidity
Link to flow chart for zoom https://1drv.ms/u/s!Ase6OFZREJGOo3COzmNueL9bxtiU?e=GR5dts
Digital Backed Collateral Loans
Real Estate Backed Collateral Loan
Work on these smart contracts will commence in the coming weeks after the team focuses on the DAO and FF token going live.
Other technical areas updated are cross-chain bridges, with the team already in motion to build a token contract for WAX CRA for WAX Blockchain. The team aims to give CRA greater liquidity across the chain while bringing digital loan services for digital assets to users of the WAX blockchain. There are some extensive talks in board meetings atm on the true extent of Fundi products that will be available on the Fundi WAX app; however, CEO DES PROUT said this on the subject,
“What are intentions on wax, well to bring a real Defi platform to the wax blockchain and NFT’s and a digital token that can be freely transferred to our BSC platform, or whatever Network Fundi intend to build on in the future. WAX is zero-fee transaction costs! This is huge for Defi investors and degens; the fact is WAX is still in its infancy as a product and already has more daily users than any blockchain; the data doesn’t lie. Were going to WAX to build there and give our users great possibilities in finance”.
There are some more surprises to come in the coming weeks n this matter, including strategic partnerships; the wax is not the only chain Fundi is considering or has been offered a route to.
Social Media & Marketing
Current news was an account securing on tik-tok, but the team has not utilized it fully, yet more development will come to tik-tok. The marketing team has been discussing campaign plans drawing up a clear route to within budget. Coming weeks will see a youtube channel setup for tutorials on how to use the Fundi protocol. The team is also talking of monthly news bulletin on youtube. The right avenues and mentality are being applied to improve what has already been built.
To date, Fundi has spent very little on marketing and built community through hard work and engagement. The marketing campaign is very committed to more funds in the coming months.
One of the new ideas for the marketing campaign is a Live chat every couple of weeks in Fundi Finance official telegram, with the first one hosted last week.
Twitter and Medium continue to be engaged well, and the Fundi team will continue to use both apps for a greater reach across the sector. There are some more plans for news influencers again soon, and the team has discussed a revisit to the BSC news podcast to update everything that has happened since all were there last.
Degen Apes
Massive progress on the Degen Apes NFT saga; let’s start with the completion of the Ape Kings design; after months of work and countless edits, including from the community, you can see the final designs here
Silver Ape
https://1drv.ms/v/s!Ase6OFZREJGOpC7HUyWkzUqr3Zx3?e=B2nUqX
Gold Ape
Epic Ape
Legendary Ape
The NFT book is still in development for the Degen Apes saga, and after completing a proof edit, attention has been back to visual improvements. Work on the book will continue with the voice over-edited into each story shortly.
The NFT concepts caught attention from another team while in development, leading to even more excellent news for Degen Apes, some very bullish indeed. A board game company working on a metaverse and digital game approached us for strategic partnership talks. After the negotiations, Fundi Finance can confirm that Degen Apes will merge to create a new NFT gaming project with the interested party. In the coming weeks, an announcement will be made withmore details and data on some astonishing progress to game design, development, NFT Defi tokenomics, and metaverse plans.
Strategic Partnerships & Features
An area the team will be building on in the coming months, especially with 3rd party services. The Fundi team has been busy designing smart contract integration and using API systems of 3rd parties that will be needed for use in the ecosystem. The couple is particularly interested in escrow/ custodian and ID verification services and strategic partnerships’ benefits.
Fundi has secured a strategic security partnership with RD Auditors, further enabling a secure platform for investors.
Fundi Secured strategic partnership with Ninja Swap DEX exchange, which has given an avenue to a private sale and coming IDO with a confirmed listing on the Ninja Dex straight after IDO.
Fundi Secured a partnership with Trucrow, a digital solution Escrow company based in the USA. Trucrow will give Fundi Finance is a secure/ insured and legislated solution in collateral-backed loans and tokenization options for physical assets.
Fundi secured a merged partnership with 3C Board Games for Degen Apes NFT game and metaverse.
Fundi Secured a partnership with Get My Commission LLC. Connect us to entrepreneurs in the Keller Williams Realty network. By helping fund digital Asset loans according to the company’s purpose. As well as angel investors.
Fundi Secured partnership with RD Ventures, gaining support for the community and team, RD Ventures have been amazing support all the way through.
Planned strategic integration coming will be
NEXO API to gain passive interest on digital assets such as the top 20. We feel adding NEXO API will encourage more diversity and some safe reward options for our platform for assets like BTC, ETH, and more.
Experian API system, giving our digital loan services more transparency while taking more due diligence for consumer protection. Experian is capable of checking credit scores and user capabilities of paying loans back.
