While we were hosting AMA streams and fixing the Guild bot this week, certain things of strategic importance were taking place behind the scenes – especially on the product side. Time to update our community on what we have done! 

Testnet is gaining popularity 

This week, we hit a significant milestone – over 5k users have interacted with our testnet marketplace. Thank you all for this incredible activity! 

More than 5,000 wallet addresses have minted the USDTF token, and over 2,300 users have bought 3 different villa tokens and have claimed their virtual reward. All these people are now eligible for the Explorer role on Discord. We sold 17 virtual villas compared to 7 last week. 

The Community Rewards Program as a whole is in full motion, too. Thousands of Mirror article tokens and WEST AMA tokens have been claimed. There are more Crew3 tasks now, too: you can get over 1500 XP in one go. 

10 first participants have already got their OG role, and hundreds of people are one step away from getting this honorable status. OGs have priority access to the first property sale. If you want to be among the first owners of that beautiful house in Bali, be quick! 

Community Program Troubleshooting 

In case you’re having trouble getting the OG role, see this fresh FAQ where we collected all the most pertinent questions. If you feel confident, go to the new Crew3 quiz and get 200+ XP for answering these questions😉

Memes!

As a Web3-native project, we love memes. That’s why we launched the Meme Contest – create funny memes about our project, share them on Twitter, and earn 250 XP in Crew3! 

And if you feel like just having fun, go see the already-created memes by the #binaryxmemes hashtag on Twitter, there are some masterpieces indeed😄

Binaryx Airdrop for Real Estate Token Holders

One could spend forever designing media strategies to attract users from other platforms, but we figured: how about a simple airdrop?  

If you already own fractional property ownership on other platforms (RealT, Lofty, Landshare, and others), we’ve got a gift for you — one Binaryx Real Estate token of a deluxe apartment in Bali worth $50 for free! 

And if you own such tokens and invite your friends who also have some, you will get +1 both😉 For each invited friend — plus 1 token for you! Learn more. 

Product Updates

Referral program. We’ve been designing the program’s page and leaderboard, and it will go live at the beginning of next week. You can already get your referral link and start bringing your friends to Binaryx in our Telegram bot. 

Smart contract. We’re finishing our first smart contract audit and will share the results with you shortly. 

Management oracles. Management oracles are companies that will help us maintain properties in order and distribute rent from rent. This week, we’ve been preparing a technical solution so the oracles can interact with our smart contracts.

Depeg protection. We added a Chainlink oracle price feed check. Binaryx will verify the USDT/USD exchange rate and if it becomes volatile, we temporarily suspend property sales so that they can’t be bought at cheaper prices.

And, we’re about to update the Asset List page design. Seamless UI for seamless villa sales! 😍

Next week

• We’re launching a Smoothie campaign. Smoothie is a platform where new Web3 products are listed and compete with each other. It's like Product Hunt where new digital products launch, but in Web3. On Monday, we will ask you guys to upvote Binaryx and help us attract more users from the Web3 community!

• New AMAs. We’ll have a community session, streams with Zerion Web3 wallet, Hacken blockchain security auditor, and more! Stay tuned for detailed announcements. 

• Meme contest results. Share your fine meme art by March 22, and we will announce the winners by the end of next week. 

Thanks for being with us, and have a nice weekend! 

Binaryx team.