AQTIS: Update #1

AQTIS
3 min readApr 17, 2023

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Launch, progress and plans.

Introduction
Nearly two weeks have passed since our launch, and we would like to express our gratitude for the support we have received. Our launch was relatively smooth, but we also received good criticism, including comments such as “Too buzzy, looks like a scam,” or “Gorgeous design, though what are you exactly doing?”

The transition from a private development phase of one year towards a more public-facing phase is a crucial process that we have not underestimated. It has been a deliberate strategy on our part to take it step-by-step. Many projects move too fast and make early mistakes that are challenging to correct later. Alongside our chosen strategy, we have been open to feedback, and we are doing our best to learn and grow from it. Our aim was to deter short-term thinkers and attract people who are willing to stick with us, take the time and effort to learn about our project, and see the bigger picture.

We are pleased to say that we consider this strategy a success with some valuable learning points, just as we planned. In our opinion, many projects tend to scale up too quickly and do not take enough time to fine-tune lessons learned in the initial phase or build robust foundations (including legal and business). We are confident that our approach is preparing us well.

Our Progress and Plans:

  1. Protocol Performance Data: Our team is diligently working on it, and we anticipate it to be available this month.
  2. The Primary Quant dashboard is ready for internal use.
  3. We will commence the design of the user dashboard for public use immediately after the performance data is released.
  4. Tokenomics will be presented to you shortly after the protocol performance data is made available.
  5. The initial rounds of strategy optimisation and testing are set to begin, leading up to our Reserve launch.
  6. We have some exciting news to share regarding the Reserve launch! We have made significant progress, and we anticipate launching sooner than we originally expected. While we are aiming for a launch within 6–8 weeks, this timeline is subject to change due to various factors, such as different form of audits. Initially, we anticipated a launch in 4–6 months due to the complexity of our project, so this development is very positive news for us.
  7. We will be releasing step-by-step information leading up to the product launch, and all relevant data will be available online.
  8. We are building custom integrations to a top-tier exchange to ensure low-latency automated execution of our AI-Quant-layer.
  9. We expect everything to culminate and accelerate towards the Reserve launch.

Upcoming Hires:

  1. Web3 in-house lawyer
  2. AI/ML talent (giga-brain team members know for years)
  3. Content Manager
  4. Project Manager

Behind the Scenes:
We are working on tax systems and legal structures, including LLC and subsidiary departments, depending on the jurisdiction to protect the project, community, and people involved. This is a slow process, but we are taking the necessary steps to prepare for the phases leading up to the Reserve launch.

Thanks for your time and your support.

Disclaimer:
The information provided is subject to change and does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of our content as such. AQTIS does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

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AQTIS
AQTIS

Written by AQTIS

Smart liquidity protocol, powered by Quant-Tech, driven by AI. Making life easier for our community by building a sustainable #realyield ecosystem.

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