The weekly development update series will inform users about progress made on user-facing aspects of CryptoBridge.

It’s been a silent 3 weeks now but we are back with the development update and we have a lot to show. Let us start with the bad news, though. The continuing downtrend in the alt coin market has forced us to cut our costs significantly: 2 software engineers, 1 public relations specialist, 1 sales specialist, 2 marketing specialists and 1 support engineer are no longer part of the core team, however, some are still committed and available on a per hour basis. Each of them did an amazing job in taking CryptoBridge to where we are now and we would like to thank all of them for their great work. We deeply regret that we had to make this decision but we can now look into the future with great confidence. No one is going anywhere – we are here to stay!

We continue to be the one and only exchange where you get paid to trade. Paying out 50% of the trading fees to those staking BridgeCoin (BCO) was our promise from the start and for a long time, we even over-committed by paying out a bonus of 25% on top of that. Last week unfortunately, we had to cut that bonus, until we see an uptrend in the the alt coin market.

Now that we have that out of the way, we can announce the big news. We are about to bring a new product to the crypto market: Say goodbye to IEOs, we give you Decentralized Asset Sales (DAS). The most affordable and most frictionless way to raise money for your asset, product or startup. Stay tuned for the public announcement.

In addition, we have redesigned our listing packages which allows us to offer more options to coin listers. CryptoBridge is now more affordable than ever. Check it out on the asset listing page.

Frontend

Most of you have noticed already: We have released our new wallet UI v0.2.x on https://wallet.crypto-bridge.org and download wallet on GitHub. It is mobile friendly and is packed with new features. Check it out!

Backend

We have released a new public API to query our markets. It is an effort to make CryptoBridge easier to use with 3rd party tools, that’s why we have decided to make it compatible to the Bitfinex API. More endpoints that will simplify automated trading are planned for the future.

Get started now and check out the API documentation.

Stability

Some of our BitShares nodes were unavailable in the past 2 weeks. This has been resolved and our nodes in Seattle, Amsterdam, Singapore, Tokyo and Sydney are back online.

Also the first of 2 improvement cycles on the ETH and ERC-20 gateway has been deployed and will result in a better performance.

Coin Listing

During the past 4 weeks, we had the honor to welcome 5 new projects on CryptoBridge:

 

For additional information about wallet status and listing updates, please follow our automated account @CryptoBridgeAnn.

 

Thank you for taking the time to follow our progress. Happy trading!

 

#thinkdecentral