Hello,
It’s been a quarter of big wins at Wicrypt, and we are super excited about our progress in the last few months. It’s great to see years of hard work coming together nicely, finally.
Here’s a recap of the major milestones we’ve covered in the last month:
We now have over 1,200 devices on the Wicrypt network, with more than 48,000 active users and 2 million total connections. With over 12 million $WTN staked on the Wicrypt network and over 33 million $WNT in circulation, meaning that over 36% of WNT in circulation is locked up in our native staking.
Also, Wicrypt just partnered with Onega Ventures to help facilitate our expansion into China and the Asian market. This partnership ensures that users and Wicrypt community members in China can now purchase and manage their devices without having to ship through us. Officially expanding our operations into China and Asia increases our user base and growth potential exponentially.
Google Cloud just issued us a grant of $200,000 in Google Credit. This grant is a huge win as it will help us facilitate more real-world uses for our product.
We have just completed the Wicrypt Bridge, which allows users to migrate $WNT from Polygon Blockchain to Arbitrum Blockchain and vice versa. This means that you can soon trade $WNT to USDT on Arbitrum. Trading on Arbitrum will commence very soon and the official bridge launch.
We’ve secured a lot of partnerships with manufacturers, investors and other stakeholders and we are positive that these partnerships do a lot to increase our product adoption and use.
We would like to say thank you for believing in us through the tough times and for helping us build our vision for a decentralised global internet connection.
We hope you have a beautiful holiday.
The Wicrypt Team.