Paycer Roadmap & Business Update
The Paycer team is continuing to deliver against its roadmap. In a transparent, professional, and consistent way we are moving closer to our goal — becoming the first mass adopted CeDeFi champion and mainstreaming decentralised finance.
A quick recap of our development status:
Banking Partnership
We are an inch away from signing and announcing the partnership. Why is this so big for Paycer? Because at that point we are legally READY to launch financial services and products to customers. Fully licenced through that partner, we can become much bigger than a DeFi protocol, we start connecting the dots between TraFi and DeFi.
Venture Capital Search
If there is one learning from our venture capital search — there is tremendous interest in Paycer and our goals. Preliminary talks have started and we are looking to close new funding rounds this year. Why is this important? It will be the start of a transformational path that lifts Paycer from a cross chain yield aggregator to a neobank which will be enormously attractive to the mass audience.
Exchange listing
We have successfully launched our $PCR token on Mexc and have our DEX liquidity on DODO.
We are close to announcing another CEX listing and currently finalising the details. On TOP of that we are getting closer to launching on Binance Smart Chain BNB, plus new DEXes. This will enable more adoption and trading volume.
Infrastructure Partnerships
Paycer is actively looking for partnerships on a technological and marketing topics.
We have launched liquidity and mining farms on DODO exchange and Uniform. Coinmarketcap and Coingecko are live with PCR details, although there are still errors in information — which we have raised with the teams. Recently Coin98 has listed PCR in their wallet.
Our co-founder, Nils Gregersen, is in Dubai on #worldblockchainsummit this week and is connecting with many valuable partners.
Paycer.finance Development
We are currently working with our developers at a high pace to get the final product ready for you. We have already deployed features such as staking, swaps and investing. Smart contracts of the Paycer protocol investment strategies are working! These are just not enabled as of now, because we are launching the protocol in a legal and regulated way and are currently waiting on German official authority’s feedback.
Looking at the current staked TVL, we have surpassed 8 million staked PCR!
Company
As a company that only had its TGE in January this year we have already built an excellent international team. This week we will be 19 team members. New structures and processes are set up to ensure the scaling will happen as efficient as possible. And to ensure the 100% legality of every single action Paycer is doing as a company, we are working closely with lawyers, accountants and HR specialists. And with our upcoming strong focus on Marketing we have hired now an experienced Head of Marketing.
Marketing Topics
Paycer is going through different stages — we have launched our token and are currently sitting at just about 1 million market cap for circulating supply.
However, this is just the beginning. After some exciting marketing hires, we are pencilling out our strategy to raise awareness for Paycer and its potential to become the first mass adopted CeDeFi champion.
For this reason, a completely new brand design is currently under way. This will reflect the appeal to the mass market much more, rather than the current Paycer brand which is very much focused on the crypto market.
Following the crypto marketing phase, we are launching our marketing to traditional customers — convincing even Crypto doubters why and how Paycer is offering high yielding financial services.
And then there is a thrilling NFT project, but I am not allowed to talk about that just yet…
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