Tokenbox Q2 2018 Report

Alexandra Petrova
Tokenbox
Published in
5 min readJul 9, 2018

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Hey guys! đź‘‹

We’re already halfway through the year 2018, and we can tell so far that the past 6 months were amazing.

Remember we shared our Q1 report and renewed some roadmap points? The Tokenbox team is happy to claim that we tend to follow the roadmap, and a brand new, fresh off the press Q2 report is the best way to show it!

Q2 Achievements

RELEASES

Adam Draper once said: “Pave your own path and be fearless”. So in April we fearlessly paved the road of ours and updated the Tokenbox Roadmap. According to our plans, the platform will be fully operational up until the end of the year.

On June 5th we had an awesome release: the Alpha Version of the platform went live! Along with a registration option and a KYC procedure, we also launched a Refer-A-Friend Bonus Program.

And yes, we do remember what we promised in our Roadmap. A multicurrency wallet, with 6 cryptocurrencies included (Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin and TBX) will be released in test mode in two weeks time. So stay tuned!

MORE LISTINGS

  • In May TBX token was listed on IDEX exchange, which currently has the second highest trading volume amongst all decentralized exchanges, after Bancor.
  • Also, on the same day as the Tokenbox Alpha Version went live, a TBX token profile was added to Hotbit exchange, one of the most rapidly developing marketplaces in the crypto industry, which trading volumes have already increased during the first half of 2018.

PARTNERSHIPS

We at Tokenbox always aim to partner up with the most reliable companies to provide our clients with the best service. In June we’ve implemented Changelly crypto exchange services in order to use a proven technological solution for the multicurrency wallet of Tokenbox.

HR: STILL HIRING THE BEST

  • Headcount increased from 19 to 24 people (Q1 vs Q2)
  • We’ve strengthened our Product development team with 2 more developers, 1 product owner, 1 system analyst and 1 dealing manager
  • Headcount filling percentage: 76%
  • Gender diversity: 28% female, 72% male
  • New hires: 5

IT & DESIGN TEAM

The hope and strength of Tokenbox, the almighty teams of IT&Design made it possible for the Alpha Version to go live. They fully implemented the following options:

  • Platform registration and e-mail verification
  • User authorization
  • Password reset
  • KYC procedure
  • Refer A Friend Bonus Programme
  • Adding funds to the Wallet — test mode (BTC, ETH, BCH, LTC, XRP)
  • WIthdrawing funds from the Wallet — test mode
  • Design mockups and testing of the new Product website Home Page

LEGAL DEVELOPMENT & LICENSING

Tokenbox continues to build up its presence in different jurisdictions to provide legal and regulatory support for the launch and operations of the platform.

In April, 2018 Tokenbox set up TKNBX OU (registry code 14478337), a private limited company operating in Estonia, EU. In May 2018 we received 2 operating licenses to conduct the following activities:

Providing a virtual currency wallet service (FVR000143).

Providing services of exchanging a virtual currency against a fiat currency (FVR000171).

Through TKNBX OU we filed application for TOKENBOX trademark in the EU, and expects to extend trademark protection to the top potential markets in Q3.

Regulations in the crypto industry are evolving rapidly, and Tokenbox is actively monitoring such developments. Quadrat Enterprises Limited (company Number 117159), the Gibraltar-based subsidiary of Tokenbox currently in talks with leading legal advisors on its next steps in obtaining DLT license, and other potential options to support the offerings on the platform.

TOKENBOX IS GOING PLACES: EVENTS THAT WE’VE ENJOYED

In April Tokenbox co-founder and managing partner Vladimir Smerkis and Tokenbox Media director Ola Yaroshevsky hosted the Armenian Blockchain Forum in the beautiful city of Yerevan. Check the coolest photos with Suren Karayan, Minister of economic development of Armenia, Dirk Ahlborn, Hyperloop TT CEO and others here.

In May Pavel Salas, Tokenbox CEO spoke about the future of crypto assets’ management at the CHAINGES conference in Amsterdam, Netherlands.

At the end of May we visited one of the most exciting gatherings, which our media-friends from Cointelegraph organized tremendously. Thank you for having us at Blockshow, CT!

FIRSTHAND EXPERTISE: OUR COLUMNS AND TOP PUBLICATIONS

CoinTelegraph

Forbes

TheNextWeb: “Here are some simple tips to not get fooled by shady ICOs”

Bitcoinmagazine.nl: “Tokenbox launches alpha version of the platform and joins Hotbit exchange”

Howtotoken: “How to Easily Cash Out ICO Money and Cryptocurrencies for Businesses and Private Users”

Investing.com: “Round Table: Is Crypto Bullishness Back Or Is This Just A Short-Term Trend?”

Tech Company News: “Tokenbox — Develops №1 Ecosystem For Crypto-Investors, Traders And Funds”

Blockchain.gl: “St. Petersburg International Economic Forum: vibes of a big event in a big cityand bulletpoints of blockchain discussion”

Also, in case you miss Token News (we know you do) we have a surprise: we made a special H1 2018 edition, where our favourite hosts review what happened to the cryptomarket since the beginning of the year. Hop on!

Q3 PLANS

We’re very excited about our platform finally going live, and we’re so ready for the next quarter! Here’s our to-do list:

Multicurrency wallet release
New website release

Full scale alpha-version of the Tokenbox platform:
Customer analytics module
Rating System
Internal risk management system
Integration with trading terminals
Demo accounts
Trading using real accounts

FIAT Bank accounts opening
Bank cards processing

Tokenbox needs you — yes, you! Our recruiter is looking for Front-end & Full-stack software developers to strengthen the product development team and Graphic/Marketing designer, so feel free to check the current job openings list and send your CV to kvladimirov@tokenbox.io

Thanks for your trust, and thanks for being with us! Tokenbox team is working hard to deliver you the best experience in cryptocurrencies trading and management. We have so many exciting things ahead, so stay tuned! ✌️

Visit Tokenbox website: http://bit.ly/2J7Fzvt

Tokenbox YouTube Channel: http://bit.ly/2ui66kj

Telegram: http://bit.ly/2N3oFAP
Facebook: http://bit.ly/2J8Om0j
Twitter: http://bit.ly/2MViHla

TBX on EXCHANGES: YObit: http://bit.ly/2L0T0SW
Bancor:http://bit.ly/2NBl7Xm IDEX: http://bit.ly/2NDu5DM Hotbit: http://bit.ly/2zmP2zp

Questions? Send e-mail to: support@tokenbox.io

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