BitMart Weekly Report [09/17/2018–09/23/2018]

Website Ranking:

  • BitMart.com had a global rank of 100,451st this week among all websites.

Trading Volume:

  • Highest 24 Hour Trading Volume: $149 million USD.
  • Highest rank of 19th this week among all exchanges at CoinMarketCap.com.

Product:

  • Optimized and tested the new matching system.
  • Developed the management station.
  • Developed, technical docked and tested the ATP voting.
  • Launched the main network of XRP and completed the testing for BCH.
  • Optimized wallet architecture.
  • Front-end functions optimizations: added assets ranking and order price limitation, optimized bottom column, etc.
  • Continued the development of new listing projects.

Marketing Operation:

  • Daily operation of social media, forums, and communities.
  • Communities promotion and maintenance for new listing projects such as TIC.
  • Listed Crypto Harbor Exchange (CHE) and XRP (XRP) with new trading pairs: CHE/BTC, CHE/ETH, XRP/BTC, and XRP/ETH.
  • Promoted the new listing coin and the trading competition.
  • Continued business contact with projects such as Menlo One, Genexi, and Darico etc.
  • Prepared the attendance for the 2018 Silicon Valley Innovation & Entrepreneurship Forum.
  • Prepare the 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 August 20th to September 19th to complete the Third BMX Monthly Burn. More details about the burn date and quantity will be announced later. 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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