Fairpool Announcements
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Fairpool is a DEX for personal tokens.

Create your own token & receive royalties from trading volume. Increase volume by offering dividends / selling content for your token.

Learn more: https://fairpool.io/
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🔊 Listen to Coliquidity AMA: https://anchor.fm/coliquidity/episodes/Coliquidity-AMA-on-Nov-9-e1qg51f

We talked about the influencer outreach process.

It’s quite tedious - we have to filter through a lot of noise to get to the actual genuine influencers.

There are two types of accounts that we are filtering out: we call them the “fans” and the “salesmen”.

The “fans” are influencers who are dedicated to promoting a specific asset. We’ve seen multiple channels focused squarely on XRP, HEX, CRO. Obviously, such channels are not a good match for us.

The “salesmen” are influencers that sell out their channel - they have many followers but abysmal engagement rate. Most comments are fake. It seems most followers are fake, too. Basically, they just pump their channel artificially to trap the marketers into buying advertising.

By contrast, we’re looking for genuine influencers engaging with their audience. It’s hard, but we keep doing it, because we believe that the profits will far outweigh the costs.
📢 Weekly update:

Finished a demo page for influencers (example: https://fairpool.io/demo/paco_web)
Built a doc for tracking exchange insolvencies: https://coda.io/@denis-gorbachev/red-alert
🤝 Contacted more influencers.
🤝 Advised another project.

👉 Read more

Coliquidity FAQ | Coliquidity app with Marnotaur token preset

Telegram group | Telegram announcements | Twitter | Anchor Podcasts
🔊 Listen to Coliquidity AMA: https://anchor.fm/coliquidity/episodes/Coliquidity-AMA-on-Nov-16-e1qrsg6

We talked about the optimizations to our influencer outreach process.

Right now, the most time is spent on two processes: 1) Finding the right influencers 2) Finding their contacts.

We decided to write a parser for the social media profiles, which would allow us to minimize the time spent on the 2nd process.

We’ve already reached agreements with some influencers, and we’re now looking to expand our reach.
📢 Weekly update:

Designed a new marketing strategy.
🤝 Contacted more influencers.
🤝 Advised another project.

👉 Read more

Coliquidity FAQ | Coliquidity app with Marnotaur token preset

Telegram group | Telegram announcements | Twitter | Anchor Podcasts
🔊 Listen to Coliquidity AMA: https://anchor.fm/coliquidity/episodes/Coliquidity-AMA-on-Nov-23-e1r6sab

We talked about our decision-making system.

We feel that it’s the most important thing for building a company. If our decision-making system is good, everything else will fall in place. However, it turns out to be very hard to design - and that’s the reason most companies continue operating without one (wasting time on pointless meetings, and wasting resources on pointless products).

Our system is different from others in many crucial ways.

The most important one is that decisions are made by writing code. Every decision is a function that takes an array of elements and returns a single element from that array.

The second one is that decisions are made objectively: all properties of the elements must be defined by the measurements of the actual world (not subjective feelings).

The third one is the use of a stable random estimator in case where it’s impossible to define any objective properties. It’s important for the estimator to be stable (not change its values across multiple runs). This is achieved by fixing a constant seed for the random number generator.

There’s much more to the system than could be explained in a single AMA. We plan to publish more information about it in future.
📢 Weekly update:

🤝
Got feedback on the new marketing strategy.
🤝 Talked with influencers about the outreach.
🤝 Advised another project.

👉 Read more

Coliquidity FAQ | Coliquidity app with Marnotaur token preset

Telegram group | Telegram announcements | Twitter | Anchor Podcasts
🔊 Listen to Coliquidity AMA: https://anchor.fm/coliquidity/episodes/Coliquidity-AMA-on-Nov-30-e1rhpb4

We found a successful strategy for attracting potential users for Fairpool.

It’s the good old local meetups that worked for us - we got 3 more people willing to try Fairpool.

Now we’ll try scaling this approach by hosting online “structured networking” events. If a person wants to participate in a networking call, he / she will need to specify the requests & the offers - what he / she needs and what he / she can provide in return. If there’s a match, they’ll receive a Calendly link to schedule a call.

Hope it would allow us to reach more people than at the local meetups, and connect with them at the same level.
📢 Weekly update:

Designed a new testing strategy for the Fairpool smart contract.
Improved our security setup (WIP).
🤝 Advised another project.

👉 Read more

Coliquidity FAQ | Coliquidity app with Marnotaur token preset

Telegram group | Telegram announcements | Twitter | Anchor Podcasts
🔊 Listen to Coliquidity AMA: https://anchor.fm/coliquidity/episodes/Coliquidity-AMA-on-Dec-7-e1rsvfv

We feel that the Fairpool idea has been validated, and we want to move forward with the development.

Right now, we need to complete two tasks:

* Add more tests for the smart contract.
* Build the user interface.

We’ll implement the user interface using the admin panel package to save development time. It’ll work like a regular CRUD admin panel, but with the blockchain integration (in addition to the database, which will be used as cache for displaying the data quickly, without querying the blockchain).

Looking forward to showing off the app on the testnet!
🔊 Listen to Coliquidity AMA: https://anchor.fm/coliquidity/episodes/Coliquidity-AMA-on-Dec-14-e1s89oq

* We’ve explored multiple tools for smart contract testing.
* We have found a couple of minor bugs in the Fairpool contract. We’re glad we’ve found them early, before any major deployment.
* We got an idea for a new kind of testing framework: the one that generates simplified versions of a contract that match the behavior of a full contract under specific conditions. We’ve decided not to implement it for Fairpool - instead we’ll use the existing tools to finish it quicker.
📢 Weekly update:

Finished the testing of SharedOwnership & ERC20Enumerable (parent contracts of Fairpool).
Testing the Fairpool contract (WIP).
🤝 Advised another project.

👉 Read more

Coliquidity FAQ | Coliquidity app with Marnotaur token preset

Telegram group | Telegram announcements | Twitter | Anchor Podcasts
🔊 Listen to Coliquidity AMA: https://anchor.fm/coliquidity/episodes/Coliquidity-AMA-on-Dec-21-e1si59a

We’ve fixed more bugs in the Fairpool smart contract.

The reason those bugs existed in the first place is that we had to implement a lot of optimizations to ensure that transactions with the Fairpool contract stay under the gas limit. Due to optimizations, the contact code diverged from the original simple version, and the bugs arised in the more complex code.

We’re glad to have those bugs fixed now.

Special thanks to Echidna - the testing tool that we’re using!
📢 Weekly update:

Finished the testing of the Fairpool contract.
Added the fee system.
Designed the upgrade system.

👉 Read more

Coliquidity FAQ | Coliquidity app with Marnotaur token preset

Telegram group | Telegram announcements | Twitter | Anchor Podcasts
🔊 Listen to Coliquidity AMA: https://anchor.fm/coliquidity/episodes/Coliquidity-AMA-on-Dec-28-e1sqafl

We’ve finished the testing of the Fairpool contract & moved to frontend development.

We’ve already implemented the “Connect wallet” / “Switch network” functionalities with RainbowKit components (thanks a lot for publishing them!).

Right now we’re working on “buy” & “sell” methods, which would allow the traders to interact with the contracts.

After that, we’ll move on to the actual deployment of the Fairpool contracts on mainnet.

Looking forward!
📢 Weekly update:

Implemented the buy form in UI.
Implemented “connect wallet” & “change network”.
Deployed the Fairpool contract on testnet.

👉 Read more

Coliquidity FAQ | Coliquidity app with Marnotaur token preset

Telegram group | Telegram announcements | Twitter | Anchor Podcasts
🔊 Listen to Coliquidity AMA: https://anchor.fm/coliquidity/episodes/Coliquidity-AMA-on-Jan-4-e1t2q2r

We’ll be changing our name from Coliquidity to Fairpool & rebranding existing assets.

The website is ready, we just need to update the social media accounts & the token smart contracts. We’re keeping the same token, just changing its name. All balances are preserved, and the contract addresses remain the same.

Additionally, we’ve decided to change the pricing formula in the Fairpool smart contract. While trading on testnet, we’ve realized that the price behaves like sqrt(totalSupply), but we want it to behave like totalSupply ^ 2. This change should be minor, since it doesn’t affect the other functionality of the contract (royalties, dividends, etc).
Channel name was changed to «Fairpool Announcements»
📢 Weekly update:

Rebranded our social media channels.
Tried different formulas to optimize the price behavior (the resulting chart).
🤝 Reconnected with people who were interested in creating their tokens.

👉 Read more

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🔊 Listen to Fairpool AMA: https://anchor.fm/fairpooldex/episodes/Fairpool-AMA-on-Jan-11--2023-e1tbhre

Some influencers asked us for guidance on how to choose the pool parameters: speed of price growth, size of royalties & dividends. We’re going to prepare this guide for them, since it’s quite important to get those parameters right at the start. It won’t be possible to change the speed after someone buys the token, and it will only be possible to make the royalties lower (this is fair to the holders).

After that, we’re going to finish the influencer token page (web UI) & start the mainnet deployments.
📢 Weekly update:

Finished the sell form, improved the buy form.
Researched the impact of pool parameters on price behavior.
🤝 Reached a preliminary agreement for an introduction to a large group of influencers.
🤝 Prepared a presentation for speaking at a local event.

👉 Read more

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