Edelcoin's Key Milestones
2021
Q4: The Edelcoin concept emergeds from the long-term collaboration between Edelweiss Capital AG and Swisscows AG. The focus was on developing a high-level concept and conducting a feasibility study.
2022
Q2: Formation of Edelcoin AG as a tokenisation engine, and establishment of the core team. The detailed business case and project plan were developed during this phase.
Q3: The technical concept began to take shape, and the regulatory process was initiated.
Q4: Defining and resolving technical, regulatory, legal, and compliance aspects related to the Initial Coin Offering (ICO). The final composition of the basket of metals was determined in collaboration with relevant partners. Evaluation and conceptualization of the Edelverse and its associated structures and services.
2023
Q1: Completion of the ICO process and implementation of a Swiss-compliant ICO on the primary market. Initiating further setups and design of an Edelverse suite of products, and services.
Q3: Token sale launch on the primary market and commencement of token trading on the secondary market by primary market token holders.
Q4: Continued development of additional products and services within the broader Edelverse, with selected partners.
Post-launch:
Ongoing developments and implementations of the Edelverse products and services with selected partners, to benefit token holders and foster organic growth.
2024: Strengthening Foundations and Expanding Reach
Q1: Strengthening Foundations
- •Quarterly Resources Audit: Conducting audits of metal reserves regularly to ensure transparency and build stakeholder trust.
- •Strategic Partnerships: Forging partnerships with financial institutions and crypto exchanges to boost liquidity and market presence.
- •Expand Edelverse Academy: Collaborating with educational institutions to enhance user knowledge of cryptocurrencies and stablecoins.
Q2: Enhancing Technology and User Experience
- •Platform Upgrades: Introducing new features to the Edelcoin platform, including an improved user interface to improve user experience.
- •Customer Support: Expanding customer support services to include multilingual support and 24/7 availability, ensuring global user assistance
Q3: Ecosystem Growth and Diversification
- •Multilingual Launch Activities: Extending website and social media localization list. Expanding of service providing areas to cater a broader audience.
- •Edelverse Expansion: Developing additional products and services within the Edelverse, such as lending, staking, and merchant services.
- •Integration with DeFi: Integrating Edelcoin with decentralized finance (DeFi) platforms to give users more options for earning and investing.
- •Polygon Launch: Running Edelcoin trading through the Polygon layer to make small transactions easier and cheaper.
Q4: Market Expansion and Strategic Initiatives
- •Wallet Deployment: Launching mobile wallets for iOS and Android, enabling users to access their accounts and conduct transactions easily.
- •Global Market Expansion: Broadening Edelcoin’s reach and exploring new geographic markets, particularly in regions with volatile fiat currencies.
- •Feedback Integration: Collecting and incorporating user feedback to continuously refine and improve the platform and services.
- •Introducing Edelcoin Banking Cards: Enjoying basic banking features and instant PoS payments with the new plastic card.
2025: Innovation and Consolidation
Q1: Advanced Features and Institutional Adoption
- •New Financial Products: Introducing advanced financial products like derivatives, futures, and other instruments leveraging Edelcoin’s stability.
- •Institutional Adoption: Working towards greater institutional adoption by offering customized solutions for businesses and financial institutions.
Q2: Regulatory and Security Enhancements
- •Enhanced Analytics: Upgrading analytics and reporting tools to give users detailed insights into their transactions and holdings.
- •Research and Development: Investing in R&D to discover innovative use cases for Edelcoin and enhance the underlying technology.
Q3: Ecosystem Development and User Engagement
- •Ecosystem Growth: Continuing expansion of the Edelcoin ecosystem with new services and partnerships, such as integrations with payment gateways and e-commerce platforms.
- •Developer Community: Fostering a developer community to create third-party applications and integrations that enhance Edelcoin's utility.
- •User Incentives: Launching incentive programs to reward user engagement and loyalty, including staking rewards and referral bonuses.
Q4: Consolidation and Optimization
- •Market Penetration: Deepening market penetration in existing regions and expanding user adoption through localized strategies.
- •Operational Efficiency: Streamlining operations to improve efficiency and reduce costs, ensuring sustainable growth.
- •Continuous Improvement: Maintaining a continuous improvement cycle based on market feedback, technological advancements, and evolving user needs.
