BitMart Weekly Report [09/03/2018–09/09/2018]

Website Ranking:

  • BitMart.com had a global rank of 105,876th this week among all websites.

Trading Volume:

  • Highest 24 Hour Trading Volume:$45 million USD.

Product:

  • Continued functions development and updates for Android & iOS mobile applications.
  • WS optimized and tested.
  • VEN main network launched.
  • Main network docking with BCH and XRP.
  • Launched the testing version of API and the candies distribution history for the asset webpage.
  • Continued the development of new listing projects.
  • Launched the quantitative data analysis project.
  • Optimized the quantitative trading system.

Marketing Operation:

  • Daily operation of social media, forums, and communities.
  • Started new promotions and campaigns for the Mid-Autumn Festival.
  • Listed Incodium (INCO) with new trading pairs: INCO/BTC and INCO/ETH.
  • Promoted the new listing coin and the trading competition.
  • Continued business contact with projects such as ThingsChain, ALT, One Ledger, and METM etc.
  • Prepared the attendance of the 2018 Silicon Valley Innovation & Entrepreneurship Forum.
  • Prepare and business contact with projects for the 4th Round of “Vote for Your Coin”.
  • Continued further marketing cooperations with relevant individuals, agencies and institutes in Vietnam, Japan, Korea, Russia, Turkey, and Nigeria.

Business Development:

  • As stated the “Repurchase Mechanism” in our white paper, BitMart will use 20% of the income earned from trading fees from July 20th to August 19th to repurchase and burn 4,876,406.58 BMX (approx. 150,437 USD) within 3 business days. The Repurchase Mechanism will continue until 500 million BMX are burnt, thus reducing the total supply of BMX. Users will be able to check the burn records via the blockchain browser.

Social Media:

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