Product: Delay in launching new verticals due to Ethereum update
As mentioned in previous updates, Attrace has identified various use cases. The aim is to develop them all, on all main chains, to eventually become a web3 marketing infrastructure play. However this development has been delayed for a couple of months.
We wish you all a fantastic 2023!
What a year 2022 has been. And what a journey Attrace has had so far. Short overview:
Still a complete disconnect between promotions in web3 and their true on-chain value-add
It is probably an understatement to say that 2022 has been rather turbulent for the crypto space: There have been both all time highs and severe crashes, e.g., 3AC and FTX. For Attrace, these crashes are both bad and good.
DISCLAIMER: Please note that we are not giving any investor advice here - you should make your own decisions.
To summarise: Holding $ATTR tokens is not a bet on a project going well. Rather, it is a bet that eventually people will realise that we need web3 marketing based on web3 fundamentals, by which time Attrace will be - at the very least - one of the main protocols capable of facilitating this essential service.
Since two day ago, the farming rewards have continued to be paid out to those who provide liquidity to the ATTR/ETH pool on Sushiswap and stake their LP tokens.
The Attrace team is pleased to announce the release of the updated and improved version of the staking contract: Staking Contract v2. The purpose of the new contract is to fix reported issues with the Staking Contract v1, continue the distribution of ATTR staking rewards and prepare for the Attrace Oracles to go public. The new version of the staking contract is available at: https://app.attrace.com/staking
On June 25, after more than 3 years and over $4 Million of investment, Attrace.com launched the trustless Referral Protocol for web3. This was the first MVP that was functioning exactly as originally envisioned by the Attrace team: Trustless verification from a 3rd party perspective (!), fully transparent and in essence capable of facilitating any sale of any on-chain asset or service in web3.
Attrace is excited to announce a strategic partnership with Mask Network. Mask Network is an open-sourced browser extension with tens of thousands of users, which brings the privacy and benefits from web3 to social media channels like Twitter and Facebook. It allows users to trade and exchange cryptocurrency, interact with dApps, and share encrypted content without leaving mainstream social media platforms.
Attrace is a trustless Referral Protocol for web3 that empowers “word-of-mouth” marketing for all assets across the blockchain universe.
The team has been working tirelessly behind the scenes to incentivize anyone to get engaged in capturing the value of “word-of-mouth” marketing and is eager to launch the first sponsored referral farms!
As previously announced, the referral farming feature was released on Rinkeby and currently is in the testing phase. After a successful test on Rinkeby with Mask Network, the team will release Referral Farms on Ethereum. The launch of the Referral Farms will begin with a Single Token Referral Farms feature which will be available via the Mask browser plugin to its users on Twitter.
Upon the launch of the Referral Farms, this feature will be available for any project or protocol using Mask Network that is looking to incentivise and reward successful referrals of their token. The Attrace team is excited about this collaboration, given the very obvious synergy between both projects.
