RocketX Nov ’21 Updates
Summary
November was an amazing month for the team here at RocketX. We have rebranded from Rocket Vault to “RocketX”, released the much-anticipated beta version of RocketX where users can do cross chain swaps, cross chain transfer/bridge and swap operations with a single click with lower gas fee and minimum slippage for the very first time. We have also introduced RocketX labs which is an incubation program for promising early-stage crypto projects in the DeFi and Blockchain space.
Successful Beta Launch
The team and the community of RocketX had a memorable month as the most awaited beta version of RocketX was launched and though there is a long way to go, we can proudly say that we are one step closer to our mission of simplifying crypto trading and value investing. With RocketX beta, users can now trade 100+ tokens between BSC, Ethereum and Polygon networks. We have currently integrated Binance CEX and soon, we will be able to integrate all CEX and DEX and achieve our mission to be the skyscanner for crypto, enabling users to trade tokens with lower fees. What’s more exciting is the positive feedback we are receiving from the users who are already using the platform to trade their tokens. Our developers are continuously working to improve the platform.
Introducing RocketX Labs
- RocketX labs is a first of its kind decentralized incubator for crypto projects in the DeFi and Blockchain space which is by the community and for the community that was introduced in November.
- A team of research analysts and the RocketX community members together scout the upcoming projects at an early stage and present the projects to $RVF token holders.
- This way, $RVF holders would be able to be early investors in promising projects through public or private token sale.
- The participant will need to hold a minimum of 10,000 $RVF tokens to be eligible to vote for the projects of their choice. For this, we have introduced RocketX 10k club in November. This is a premium telegram group, and this is where projects would be displayed by the community & our analysts and the community members would have a chance to vote.
- If there would be more than 50% of people voting for a project that is scouted, the team at RocketX would reach out to the project and see if there is a possibility for a private pool for the RocketX community.
- We have announced our first project this month from RocketX labs which is “GOinfluencer” ($GOIN) which is designed to automate the entire influencer marketing process and make it a seamless experience for both influencers and businesses.
Strengthening Partner Ecosystem and Being Heard
- And of course, RocketX continues to grow its partner ecosystem. In November, RocketX partnered with Berry data (berrydata.co) which is committed to becoming the most widely used oracle on the BSC. We have also partnered with Teneo ($TENEO) and further strengthened our partner ecosystem.
- RocketX has also been featured on ‘CryptoDaily’ as an aggregator in the making which was mentioned alongside 1inch and dydx protocol.
- Our project lead ‘Kiran Mannam’ has participated in an AMA which was hosted by “Bitmart”, a vibrant community on telegram and attracted attention from the group for the project by answering key questions about RocketX.
The Way Forward
We have welcomed ‘Akhil Jonnavithula’, who comes with a strong marketing profile to our team as a Growth Lead to further strengthen the team and support growth going forward. We have started publishing educational videos on ‘RocketX’ and the idea behind this is to educate and spread awareness to new and existing users on the differentiating factors and value proposition of RocketX. We seek gradual growth and adoption for our platform. We also have marketing plans in the pipeline to make more crypto users aware of our wonderful platform RocketX. Going forward, RocketX will be aggregating more CEX like FTX, Bitmart, KuCoin etc and DEX like 1inch protocol, Paraswap etc. We want to be the go-to platform for crypto trading for institutions and crypto enthusiasts.
At RocketX, we are continuously thriving to simplify crypto trading and value investing and we can say that this is just the beginning of something revolutionary in the crypto space.
