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Stobox Weekly Report 17/2021
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Stobox Weekly Report 17/2021

Report about Stobox progress and activities during the week 17 of the year 2021 from 26 of April till 2 of May

Dear Stoboxians,

If you have any questions about Stobox plans or progress, please write to me gd@stobox.io or in our group chats.

Technical and Product Development

Stobox DS Dashboard
Working on the release v.1.6.5.
There are numerous tasks that have been completed, however, only a few are worth mentioning in the report. They are:

  • Setting up DevOps operations;
  • Setting up deployment processes;
  • Working on project documentation.

Stobox Exchange
When building such complex software as a crypto exchange it’s important to rely on trusted providers and make sure third-party dependencies are secure and resilient. Therefore, one of the most critical modules of the exchange – Keys Management – will be provided by a recognized company Tatum.io. As the result, we minimize the risk of losing funds, as well as rely on the tested infrastructure. Moreover, this allows us to launch the exchange earlier than expected. Any updates on the release dates will be announced in our official channels.

We have reached 25K early registrations on the Stobox Exchange! Wow! This shows that we are following the right way! The Stobox way!

Operations:

  • In progress: ETH/BSC Bridge (expected launch 20-22 Week)
  • In progress: NFT UX for the Stobox Exchange
  • Hired a Jira Manager

Analytics & Business Documentation

  • Reviewed new legislative proposals in the UAE
  • Started research on reporting requirements and infrastructures for secondary trading of tokenized securities under private placement exemptions
  • Conducted a review of updated financial statements for one of the clients;
  • Launched the search and arranged first interviews with prospective investor relations managers.

Business Development & Sales

We have launched Digital Assets Сonsulting services. Many businesses seek to use crypto but have no idea how to do it correctly. Shifting traditional business to crypto involves certain risks and has informational barriers to entry, especially when people try to utilize DeFi for businesses. We already have delivered professional advisory services to a number of clients. Thus, we have made the decision to form an internal knowledge base to document the best practices of the industry. The market develops fast and we would like to be able to answer any sophisticated questions from our clients.

We have launched an ongoing advertising campaign on Stobox consulting services. As the result, we have received 15 requests in one week! 15 companies that seek to know more about how to implement crypto in their business operations. Now work on scaling the analytical department

3 new projects in the pipeline:

  • Mining company;
  • UK-based commodities company with plantations in Africa;
  • Chemical manufacturing company.

Received 15 requests on the Stobox website:

  • Demo calls – 3;
  • Consulting services – 12.

We have successfully completed our first bounty campaign. All STBU payments have been successfully managed on the Probit Exchange.

Stobox Token is being listed on Gate.io!

Marketing and Production

  • Announced the start of voting and future listing on Tier-1 Exchange Gate.io (TOP-5 by CoinGecko);
  • Announced our participation in the Security Token Consultation Roundtable organized by GDF for Dubai Financial Services Authority;
  • Reposted that Stobox was included in the TOP new project that will be powered on BinaceSmartChain;
  • Announced that Stobox was mentioned in the Global Digital Finance monthly analytical digest;
  • Announced a distribution of STBU to Stobox Bounty Campaign participants!
  • Published Stobox Interview with Anndy Lian (Board member at HDAC Technologies, Advisor at CZZ);
  • Published an analytical article about Investment crowdfunding as a fundraising alternative to banks and venture funds;

We are happy to announce cooperation with Gogola PR Agency from Los Angeles. Gogola specializes in building long-term brand awareness through collaboration with top media. We have made the decision not to pay for any shout-out articles, but to provide valuable content for media that write about crypto and digital assets. We expect our collaboration with media to start soon. Stay tuned

If you believe in Stobox and in the industry of tokenized securities, you have a chance to become a Stobox Technologies Inc. shareholder by participating in the Stobox Security Token Offering.

Simply register on Dashboard.stobox.io, pass Identity Verification, and invest in tokenized shares of Stobox Technologies Inc. These shares are backed by corporate assets, proprietary technologies, professional team members, and intellectual property. The secondary trading will be available after the completion of STO in June 2021.

Finally, I would like to thank all of our team members, active partners, and community members who contribute to Stobox! Have a great week!

With warm regards,
Gene Deyev
CEO

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