Halo Wallet's October Milestones: Genesis NFT Pass Launch & Enhanced Features

Welcome to the Halo Wallet Monthly Product Update for October 2023! We are thrilled to bring you up to speed with the latest developments and enhancements we've implemented on our platform.

October has been a productive month for our team, marked by significant milestones and exciting advancements. The most noteworthy achievement is the successful minting of our Genesis NFT Pass. This is a significant step forward in our journey, and we are proud to have reached this milestone.🎉

In this blog post, we’ll cover the most significant updates and what they mean for you as a user of Halo Wallet.

💎 October Achievements: Community Updates

1. Genesis NFT Pass: A Groundbreaking Milestone in SocialFi Innovation

On October 12, 2023, we embarked on a groundbreaking journey with the successful launch of the Halo Wallet Genesis NFT Pass. This marked the beginning of a new era for us, a dawn of unprecedented innovation and creativity in our SocialFi voyage.

Genesis NFT Pass, a pivotal utility NFT membership for the Halo ecosystem, is set to become the fundamental value catalyst for our active SocialFi ecosystem. The response from the Halo community was overwhelming, your enthusiasm and support propelling us to conclude the minting event a full 18 hours ahead of schedule. In the aftermath of the minting event, the Genesis NFT Pass ascended to the top of the charts, becoming the TOP 1 membership NFT collection on OpenSea.

This milestone is a clear indication of the potential and appeal of our Genesis NFT Pass, and a validation of our efforts to push the boundaries of what is possible in the Web3 space. As we move forward, we remain committed to fostering innovation and delivering value to our community, and we are excited about the future that we are building together.

2. First wave of benefits for Genesis NFT Pass holders

We've rolled out the first wave of exclusive benefits for Genesis NFT Pass holders, the most significant of which is earning XP by holding the NFT. Halo XP , a newly introduced loyalty program, rewards users' valuable contributions to the Halo ecosystem. Halo XP Center, another major initiative launched in October, offers users the opportunity to earn Halo XP. By completing tasks, users can earn XP ranging from 5 to 20, with Genesis NFT Pass holders earning the highest rewards of 5 XP per day.

Genesis Pass holders also enjoy a 0 platform service fee for native swaps in Halo Wallet, an exclusive discount for holders. Other exclusive benefits include the ability to post in-app and display distinctive badges. The in-app posting feature allows holders to share thoughts and experiences, enriching the Halo community's collective knowledge. The distinctive badges, exclusive to Genesis NFT Pass holders, symbolize their prestigious status and contribution to the Halo ecosystem.

3. Enhanced On-Chain Transaction Analysis

To enhance the user experience on Halo Wallet, we've introduced the Trending feed. This feature keeps users updated and engaged with the dynamic crypto world by bringing together on-chain activities from key institutions, VCs, and whales in the crypto sphere. We've partnered with leading on-chain analysts to provide insights into the latest trends. The Trending feed also provides succinct overviews of new Web3 projects.

Additionally, we've expanded our support to include address displays for over 200 exchanges in deposit and withdrawal transactions, enabling users to monitor on-chain movements with unparalleled accuracy and ease. We've also rolled out the extended reposts feature, offering users a more in-depth exploration and expression with reposts.

💎 Upcoming Significant Updates

In the latest versions, we are implementing numerous enhancements. Our developers are primarily focusing on the optimization and development of two major features: comments and Halo XP.

1. Comments: Foster Community Engagement

With comments, you can engage effortlessly with your followed users on Halo Wallet, enhancing communication and fostering a stronger community spirit. This feature will not only promote interaction but also enhance the sense of community within the platform.

Moreover, the comment feature will empower you to interpret your transactions directly under your feed, providing an opportunity for you to share your investment strategies with others in the Halo community.

By contributing to the collective knowledge of the community, you can assist others in making informed decisions while simultaneously gaining insights from their perspectives. Together, let's cultivate a vibrant, knowledge-sharing community of crypto enthusiasts.

2. Your Feedback Matters: Continuous Improvements in Halo XP Center

We have been closely monitoring the feedback from our community members and have noticed that some of you are experiencing difficulties with the tasks in the Halo XP Center. We understand that the lack of precise timestamps in the XP history has led to confusion and uncertainty about whether the XP points have been correctly received. We want to assure you that we take your concerns seriously and are committed to providing a seamless and user-friendly experience.

Our development team has been working diligently to address this issue. One of the key changes we are implementing is the addition of exact timestamps in your local time zone for all records in the XP history. This means that you will be able to see exactly when you received your XP points, making it easier to track your progress and verify that you have received the correct amount of points.

In addition, we want to clarify that all tasks will reset at 0AM (UTC). This is a standard feature of the Halo XP Center and will remain unchanged in future versions. Please stay tuned for further updates.

About Halo Wallet

Halo Wallet is a leading Web3 social wallet that utilizes its financial capability to monetize the data value of a social network.  It aims to be a portal for global users in the SocialFi ecosystem by aggregating wallet’s activity across various protocols and turns them into a human friendly social feed. Halo Wallet ensures users have an intuitive interface to manage digital assets,  track DeFi portfolios and discover market trends without leaving the app.

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