Hello Community,.
03 Feb 2022, 13:51
Hello Community,
It has been a couple of days since our last interaction and I wanted to give you all some updates based on what we have been working on.
We have been refining the Platform at various levels, backend, and the development team has been primarily focused on eliminating these occurrences. We have been receiving tickets from the community related to minting, importing and such related aspects and the developers are using these tickets to further refine the product and provide a seamless minting and trading experience.
We expect the month of February to involve further product refinement, with Burn Functionalities, minimum Listing Price and Artist Royalties being planned.
It is important to mention here that the change in the management structure in the recent past was implemented to allow Nafter to be developed & operated by Crypto knowledgeable personnel versus making it a "portal" for quick gains and quick exits.
I cannot stress this enough that Nafter is here to stay and grow in the long term. There are very few/next-to-none Platforms that do what we do at this scale and it is important to know that developing and operating a NFT Platform is a serious undertaking that requires continuous operating expenditures, the resources of which we already have.
Again, we want to reiterate that we are not dependent on the marketing wallet for development; we have the financial resources to fuel the aggressive growth of the Platform.
Those who seek quick pumps and quick exits could perhaps seek other volatile opportunities. Nafter is here for the long term success as the World's First Social Media-NFT Platform.
We are already seeing an increase in the rate of NFT minting on the Platform, more artists and content being utilized on our Platform and these are highly positive signs of increased adoption.
With regards to Marketing, we are in talks internally where we intend to outsource the efforts to a competent Marketing firm who will carry out the work on our behalf, and we have already engaged with these marketing firms who are in the process of giving us quotes to carry out their services. Moving forward, the team believes this to be the right startegy in terms of brand expansion and visibility.
With regards to Centralized Exchanges, the discussions with Exchanges are continuing, and we want to time the listing based on market pick-up, as we don't anticipate to see a higher price action for listing during a bear market
Additionally, the team has onboarded 2, strategic advisors who are assisting on the backend in structurizing and providing key inputs related to the growth of the Platform.
Thank you for taking the time to go through this. We will build and continue to build and grow.