Monthly Progress Update

SatoshiChain
3 min readMar 5, 2023

SatoshiChain had a busy and exciting February, with progress being made on multiple fronts. From the official Incentivized Testnet and Airdrop campaign launch to the announcement of a hackathon and the start of a fundraising round, there is plenty to report on. Let's dive into the details of what's been happening.

Firstly, the official Incentivized Testnet and Airdrop Campaign is now live, offering a chance for members of the SatoshiChain community to earn rewards for their participation in the SatoshiChain Testnet. This program is designed to reward early adopters and incentivize continued engagement with the platform. Since we announced this campaign, we have seen on-chain activity jump, with over 7000 transactions per day and over 1,500 unique wallet addresses on chain. We are extremely pleased to see so many people experimenting with SatoshiChain.

The mainnet launch date is fast approaching, and the team is working hard to ensure that everything is in place for a successful launch. The launch will mark a significant milestone for SatoshiChain, and the team is looking forward to sharing this exciting moment with the community.

As we announce our upcoming Mainnet launch date, we will also begin the first SatoshiChain PR campaign to bring awareness to the broader crypto and DeFi communities. We expect to see a lot more attention coming to SatoshiChain as we progress, as well as a lot more on chain activity.

The Tokenomics have also been given a complete overhaul, with the aim of creating a more sustainable and equitable system for all participants. This overhaul has been the result of extensive research and consultation with experts in the field, and the team is confident that the new system will provide a fair and transparent framework for token holders.

Onboarding additional validators has been a key priority for the team, and they have been actively seeking out partners who share their vision for a decentralized future. The addition of these validators will strengthen the network and provide greater security and reliability for users.

To foster innovation and creativity, SatoshiChain has announced a hackathon that will bring together developers, entrepreneurs, and blockchain enthusiasts from around the world. This event is an opportunity to showcase the potential of the platform and to encourage collaboration and experimentation.

Last but not least, the team has started a fundraising round to secure the resources needed to continue building and growing SatoshiChain. This funding will enable the team to accelerate development and expand the reach of the platform.

As you can see, it has been a busy and productive month for SatoshiChain. The team is excited to share these updates with the community and is looking forward to what's to come. Stay tuned for more information as we continue to build and grow SatoshiChain.

Website: https://satoshichain.net/

Email: info@satoshichain.net

Twitter: https://twitter.com/DeFi4BTC

Telegram: http://t.me/SatoshiChain_Portal

Discord: https://discord.gg/t74zRMnp5v

Medium: https://medium.com/@satoshichain

Gitbook: https://satoshichain.gitbook.io/satoshi-chain/

Christopher Kuntz — Co-founder of SatoshiChain

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SatoshiChain

SatoshiChain is an EVM-compatible blockchain that aims to complement the original Bitcoin cryptocurrency. https://satoshichain.net/