Project Updates
April 1, 2024

AMA Recap: Mobile App, Crypto Card, and $SPEND tokenomics

The AMA we hosted on March 27 was a smashing success, bringing our community together to engage with the CryptoWallet team on key topics such as the crypto card, token launch, and roadmap!🚀

Here's a breakdown of some key highlights and updates:

Mobile App Roadmap

Cryptowallet's mobile app journey includes an already available Android version, with an iOS counterpart slated for release during the upcoming summer season. Noteworthy recent developments involve the introduction of SWAP functionality, enabling users to seamlessly exchange cryptocurrencies. Moreover, the team is diligently working on enhancing the app's utility by incorporating features like virtual and physical card functionalities, with a strategic shift to a new card vendor to facilitate more advanced features 👏.

Crypto Card Update

A significant update pertains to Cryptowallet's crypto card. The vendor responsible for the card's production has been changed, ensuring improved service quality and additional features! The whitelist feature is established to notify users about the card's impending release, it primarily serves as a preliminary alert mechanism. The official launch is expected towards the end of the summer, marking a pivotal milestone for Cryptowallet's ecosystem.

Investor Token Purchase Phase

While initially planned, the investor token purchase phase has been postponed due to the transition from BNB to the Polygon network and the limited availability of suitable candidates. The team is committed to ensuring optimal conditions for token acquisition and participation.

Timescale for Token Launch and Zealy Winners Unlock

There are imminent plans to introduce token-tracking functionality. This feature will empower users to monitor their allocated SPEND tokens efficiently. The launch is scheduled for the summer season, with subsequent rewards distribution for Zealy winners slated for autumn, promptly following the token launch.

Whitelist Card Features

Cryptowallet's crypto card offerings encompass different tiers, with distinct benefits and privileges. Notably, the basic features of the card do not necessitate the possession of SPEND tokens. However, users can unlock additional benefits by leveraging different tiers, thereby optimizing their card experience based on individual preferences and requirements.

Team Composition

Cryptowallet boasts a diverse team comprising skilled professionals across various domains, including design, marketing, customer support, community management, and development 😎. Detailed information about team members can be found on Cryptowallet's official website, ensuring transparency and accountability within the organization.

Status of Crypto Card Delivery

The eagerly anticipated launch of Cryptowallet's crypto card is aligned with the broader token launch strategy. Prototypes of the card have already been developed .

SPEND Tokenomics

While a burn mechanism is not initially incorporated into the tokenomics, it remains a planned feature for future implementation. Interested individuals can delve deeper into the intricacies of SPEND tokenomics by referring to Cryptowallet's litepaper, which provides comprehensive insights into the token's utility and ecosystem.

Vesting After Public Sale

Cryptowallet's approach to vesting post-public sale primarily revolves around the team, emphasizing stability and long-term commitment to the project's success.

Partnerships

Cryptowallet has forged strategic partnerships with entities, more recently with Kaspa. Furthermore, the platform remains open to exploring additional partnerships that could reshape the functionality, enriching the overall user experience.

Stay tuned for more updates and advancements as the project continues to evolve!

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