As you all know, we have had to make some changes to the platform to acquiesce with the Google Cloud Server criteria which will allow us to deploy to this provider.

We are proposing that prior to deploying to MainNet, we would like the community’s help by having you participate in testing the platform.

We are ready to launch, however; we would also like to give the team an opportunity to rest and spend some time with family since we’ve been working non-stop through the holidays.

Especially in the event that there are bugs or problems that require immediate attention.

We will provide a release date as soon as we have a time frame that we feel confident in as well as based upon external user testing.

We are sending out this announcement to advise you of some updates regarding the marketing and deployment of the Coin Exchange.

With some engineering changes (which we announced earlier) we have mitigated the concerns of our cloud provider, Google, in order to proceed with our deployment on MainNet. Due to these changes, we will be executing a slower release cycle to ensure the platform and network are operating as expected. With new engineering comes a need for new testing. This allows us to release while still maintaining a comfortable level of safety and security for our users and overall network.

We will be deploying these features to MainNet in stages, on separate dates, in order to monitor system security and performance to better optimize your safety and experience. This further allows us to limit confusion for our users and maintain focus on each function moving forward.

* Upgrade functionality for $COIN
* Sending and Receiving $ETH and $COIN
* Cross-Chain exchange functionality with $BTC
* Staking functionality for $COIN

As previously announced, prior to deploying these features to MainNet, we would like the community to participate in testing the features. We ask for the community to do this testing due to the fact that, if we launch and there are issues, we can more quickly and efficiently work to resolve them.

Additionally, we are executing in this way so that users are clear about the functions at every stage and won’t be required to absorb too much information of an educational nature at one time. The goal is to release the functions separately rather than all at once.

To encourage use but also safeguard our community, we will introduce the platform with zero fees during this initial phase.

In light of recent developments around publicity (Coin Artist), industry news (Cover), and the above, we will not be announcing this deployment plan with a great deal of fanfare. Full blown marketing will commence following the platform operating as intended and meeting the expectations of our users.

This revised schedule would be inclusive of any necessary bug fixes and adjustments per user feedback. (Please note that this V1 release is a simple version of the base platform that focuses on core utility such as upgrading, sending, receiving, exchanging, and staking. V2 will be polished with UI enhancements, AI integration, browser extension support, etc.)

We are completing the final stages of the inhouse testing and will begin execution of this schedule starting tomorrow with the deployment of the Upgrade function.

We will provide additional updates during the week including sharing the results of our third party audits and more. Thank you for your patience and continued support!

Hello Coinvestors!

We are releasing the utility token upgrade functionality for previous $COIN security tokens inside of our DEX on MainNet. You can also safely store, send, and receive both ETH and COIN. In order to upgrade, you will need:

1. ETH
2. Old $COIN security tokens

We’ve created the following documents to help guide you:

Accessing or Creating a Wallet on Coin Exchange

http://bit.ly/3nkSE8O

Upgrade Instructions

http://bit.ly/3pWyUKm

Accessing Funds from Wallets Created on the Coinvest Trade Platform

http://bit.ly/3pVNcv8

For any support issues, please email coin@coindefi.org.

We will provide additional updates during the week including the results of our third-party audits and more. Thank you for your patience and continued support!

PLEASE NOTE THAT THE PLATFORM IS DECENTRALIZED AND UNDER YOUR CUSTODY. PLEASE SAFELY STORE YOUR SEED PHRASE. WE WILL NOT BE ABLE TO HELP YOU ACCESS YOUR WALLET AND RETRIEVE ANY FUNDS IF YOU LOSE YOUR SEED PHRASE.

Please join us on Friday, January 8th at 11am CST for another Founder AMA in our Telegram Channel https://t.me/CoinDeFi

In the spirit of transparency, here is the token and smart contract audits performed by Brahma Systems. Brahma has also performed audits for other popular DeFi companies such as DxDy, Set protocol, and more. View the results here:

$COIN Token Audit: https://bramah.systems/audits/Coin_Token_Audit_Bramah.pdf
$COIN Smart Contract Audit: https://bramah.systems/audits/Coin_Protocol_Audit_Bramah.pdf

Hello Coinvestors:

Join us Thursday, January 14th at 1 pm EST for an AMA with Founder Damon Nam in our Telegram channel: https://t.me/CoinDeFi

Our team at Coin wishes you a wonderful year ahead. Here’s a brief recap of our Q4 - 2020 quarterly review: http://bit.ly/35MC5gl

Hi all!

We just wanted to let you know that we have deployed to MainNet and will be doing a final round of testing, security audit, and security penetration testing with a third party security firm next week. To let you know, it's going very well.

We’ll provide a formal announcement, including a timeline, next week.

Thank you for your continued support and patience. Have a wonderful weekend.

We’re hiring!

Work alongside experienced professionals with decades of corporate experience in a fast-paced startup environment.

View and apply here: https://angel.co/company/coindefi/jobs

Here’s an update on the deployment schedule for the other core features on Coin Exchange V1:

http://bit.ly/3j03jp8

We’ve deployed an updated version of the Coin Exchange at app.coindefi.org. Read more about it here: http://bit.ly/2OvlN5P

Attention Coinvestors:

Power has been cycled on and off by the State of Texas the past two days. President Biden declared an emergency on Monday. These rolling outages are going to continue the next couple of days to provide enough power to provide enough heat to all of the homes.

We are letting the community know that this is going to impact our release schedule this week and that we’ll continue to provide updates accordingly.

https://torontosun.com/news/world/texas-starts-rolling-power-outages-to-cope-with-deep-freeze

Hello Coinvestors!

We are sending out this announcement to update you on the revised release schedule due to the inclement weather and power issues in Texas this past week. We will be releasing the cross-chain exchange functionality by next weekend. We will continue to provide updates as the week progresses.

Hello Coinvestors:


Since our last update, we have implemented several bug fixes, product improvements, and introduced support for sending and receiving Bitcoin. Today, we have deployed cross-chain exchanging support for BTC, ETH, and COIN using atomic swap technology to mainnet. Again, all from the same wallet, while remaining decentralized and assets solely under user-custody.


While publishing the functionality to mainnet, we began to experience 404 and 503 errors. We expect to resolve these issues soon and release a bit later today.


Along with the release later today will be a formal announcement inclusive of instructions for exchanges and the new time line for release of the remaining functionalities, as well as some other updates of a positive nature.
We're sorry for this unexpected delay, but we will not release a product that is throwing errors, even if they are only intermittent.

Here’s an update on the deployment schedule for the other core features on Coin Exchange V1: http://bit.ly/3r9sokz

Here’s an update on the deployment schedule for staking on Coin Exchange V1:
http://bit.ly/2OzTMKm

Here’s an update for our staking deployment on Coin Exchange V1: http://bit.ly/2PaNqRF

Hello Coinvestors!

We wanted to update everyone today about the status of $COIN staking. The team has thoroughly investigated community feedback, reported issues, and tested the $COIN staking functions. Through this course we have made fixes and improvements on V1 in addition to preparing for V2 of the Coin Wallet. For those who helped with this testing process, we are incredibly grateful for your support and willingness to help us grow Coin to become the project that can truly take on the big players in this market.

We are excited to announce that starting April 11th we will have full funds available in the staking contract, which means the rewards will be accurately reflected in the Dapp. As previously mentioned, we have removed locking from the program due to concerns from our community around confusion and complexity. For those who did help with the locked stake testing, we will still be transferring bonus $COIN to you for your efforts. Please do keep in mind you will need to unlock your $COIN after the 30 days is up (which does incur gas fees).

Please know that in our findings, staking is fully functional, the smart contract and Dapp are working as designed, and rewards balances are updated every 30 days. To reflect the change in locking we have also updated our calculator, which should help you in calculating rewards starting April 11th. We are very excited for the future of $COIN, and have many more exciting updates for you coming soon!

Resources:

Coin Staking Announcement: https://bit.ly/3ayn7Oc
Coin Staking Guide: https://bit.ly/3qZG4P3
Coin Staking Calculator: https://bit.ly/37yUGxD

Hello Coinvestors! Here's an update on our Coin staking program:

https://bit.ly/32bktIS

To keep you up to date, we would also like to announce that we will be doing a live webcast on YouTube this Thursday on April 22nd at 10AM PST.

Speak to our founders and see a demo of our Coin Wallet V2 during this live stream!

https://www.youtube.com/watch?v=7JS6QhaWcHk

As a reminder, please join our founders for our livestream AMA on YouTube in 1 hour!
https://www.youtube.com/watch?v=7JS6QhaWcHk