April Update 2021 / Q2

Q2 Begins! 🪁

In March, Q1, we celebrated a number of exciting results: New monthly Pool volume surpassing 10 ETH, the launch of XOT on Investment Platform Zerion.io, and XOT listing on CoinPaprika.

Things we have not accomplished in Q1

Unfortunately, there were problems with financing the wBTC pool
expansion for Uniswap.
This will be postponed for an indefinite period, however, we think that we will get a wBTC pool financed on UniSwap by the end of Q4.

Roadmap Update for Q2 🎨

In the second quarter of 2021 we have the following goals that we would like to achieve:

1. Company formation.
   As the headquarters for the company / project,
   we will probably choose the crypto-friendly country Turkey,
   a legal assessment is currently being obtained.
2. New Private Financing round
   After the successful establishment of the company and the legal assessment,
   we will start a private financing round that will bring new investors and strategic partners into the project.
3. Hiring new Team members
   We will hire up to 3 new devs in the course of Q2,
   new community managers will probably also be hired.
4. Legal assessment for XOT
   An extended legal assessment of XOT, which affects several legal zones, will give us information that we have to consider in the future in order to become one of the most legally friendly and most liberal payment tokens.

So….

Q2 will be an exciting quarter for all of us and we are confident that we will stick to our schedule. We would also like to thank everyone who has accompanied us on our way so far, see you at the next short update.
- Mert 🖖