Dear Postar Community Members,
Postar 4th monthly report for the period from Feb 27 to Mar 26 has been officially released! For better communications with our community, we’ll be updating our progress every month.
Operation News
- The second round of Postar Bounty Program has officially launched (ends on March 15). We have received 56 responses and will publicize the results after bounty verification concludes.
- Community members spontaneously established Postar super-page at Weibo on March 3, 2019. It will provide more communication channels for Postar supporters. Postar’s latest announcement will also be released on super-page.
- Multiple strategic partnerships has disclosed since March 4, 2019, including Block 360, Standard & Consensus, Beosin, ONE.TOP, and Moyun. Postar and its partners will reach an in-depth cooperation on many fields, promoting the development of blockchain industry.
- Postar announced a eleven day token sale (PSTR) which launched on March 11. An announcement has been released focusing on the token sale duration, rules, total cap, cryptocurrencies, and lockups.
- The first round of Postar token sale (PSTR) launched at March 11, 10:00, 2019 and all tokens have sold out at 14:36. Tokens that exceed the total cap have been returned to the original address by Postar official team. Individual accounts that fail to reach the minimum subscription standard also received the returned tokens from Postar official team. Many famous Chinese media has reported the token sale event.
- Postar CBO was interviewed by the media on March 12, 2019. Kennedy, CBO of the exchange, shared his idea for the development of Postar. Kennedy pointed out that Postar adheres to the development line of preparing online work and expanding hard and soft power. Although there are some problems in the early stage, Postar has great development prospects both on technique support and products operation.
- Roy Zhang, CEO of Postar, received an exclusive online interview by Chief Capital. He presented his ideas on the challenges and opportunities facing Postar, the application prospect of blockchain technology, and IEO. We still have to do real things, improve service, and keep level with famous exchanges in the fields.
- In order to maintain market stability and guarantee the interests of the token sale participants, Postar has announced to burn some platform tokens. The ending time of Postar’s token sale(PSTR) has been advanced to March 18, 2019 21:00 SGT TIME.PSTR that are originally scheduled for subscription during 2019/03/19-2019/03/21 fail to be subscribed during the pre-fingured token sale period will be burned after the token sale ends. The result will be publicized in the future.
- Roy Zhang, CEO of Postar, answered some questions around PSTR burning and some hot projects on March 15 when Postar announced to burn some platform tokens.
- The second round of Postar token sale (PSTR) has finished at March 18 21:00, 2019, which symbolize the conclusion of Postar token sale. PSTR that are originally scheduled for subscription during 2019/03/19-2019/03/21 fail to be subscribed during the pre-fingured token sale period will be burned after the token sale ends. The result will be publicized in the future.
- A strategic partnership between Postar and QuarkChain has achieved on March 19. Postar and QuarkChain will reach a technical cooperation on public chain ecosystem and scalability of blockchain industry.
- Postar and NULS has reached new strategic partnership on March 22 and will participate in NULS mainnet node campaign at the same time. Postar and NULS will work together on public chain ecosystem and blockchain customization services.
- In addition to several new partnerships that has been announced, Postar is working very closely with some famous public chains and has already reached the consensus with some of them. (Which public chain project do you expect Postar to partner with? Feel free to contact us!)
Product
- New financial product design
- Optimized the internal clearing system for contract transactions.
- Product design for the new version of the contract
- Official trading website and APP test
Development Progress
- Optimized the technical architecture of the contract trading system.
- Fixed bugs reported during internal test.
- Optimized message caching and reading for IM functions.
- Optimized the internal clearing system for contract transactions.
The release of the Phase II Bounty Program, new partnerships, and the conclusion of Postar token sale and burning plan all indicate that the official launch of Postar is getting closer! All work is conducted in an orderly way by Postar official team at present, including official trading website and APP test, subscription information collection, and strategic partnership negotiations. We are always committed to providing secure and efficient services to Postar supporters. We firmly believe that Postar will have a great impact on the blockchain industry in the near future!
Postar always appreciates the community’s support and company. Find Postar elsewhere:
Telegram:https://t.me/PostarEnglish
Twitter:https://twitter.com/PostarExchange
Medium:https://medium.com/@postarexchange