Houdini Swap Magic Monday #10 — Recap
Click here to listen to the Twitter Space.
Wizards! It’s already our 10th Magic Monday, and we’re thrilled to have come this far with our amazing project and community. This week’s update is packed with exciting news, starting with some recent partnerships.
We’re proud to announce that the much-awaited $ARB token is now live on Houdiniswap.com, and we were able to list it before other major players like Binance. $ARB is built on Arbitrum, which is a Layer 2 scaling solution for Ethereum. This means that it processes transactions off the main chain and bundles them together before submitting them to the main chain for verification, making it more efficient and secure.
But that’s not all! We have more listings lined up for this week, so keep your eyes peeled. In summary, this week’s Magic Monday Swap Report is going to be a wild ride, so hold on to your hats and stay tuned!
Hold on to your hats for this week’s Magic Monday Swap Report
This week’s Magic Monday Swap Report shows exceptional growth. The weekly swap volume reached an impressive $2,015,358, with a staggering 838 anonymous swaps. This marks a significant 65% increase in weekly volume, resulting in a remarkable $16,270 in buyback volume for the week.
What’s more, we broke our record for the number of weekly swaps with 838 swaps, surpassing the previous week’s record of 734 swaps. This feat indicates the increasing number of users discovering the benefits of Houdini Swap and using it as their go-to platform.
As a growing platform, it is essential to manage expectations, but we are constantly innovating and establishing partnerships to provide more opportunities for our users to anonymously swap their preferred tokens. Wizards, let’s keep bouncing back and making strides towards a better, more seamless swapping experience with Houdini Swap!
We will be doing our first investor demo day
We will be presenting what Houdini Swap can offer in front of 50 various investment firms, family offices, private equity, among more.
We are doing this not only to explore how Houdini Swap can be embedded into their ecosystem or their internal operations, but also to see if they are interested in writing a check to support our ongoing developments. The check sizes will be a minimum of $50,000 up to $2,000,000 for each investor.
We will be sharing to them our pitch deck, and we are confident that Houdini Swap’s unique solution in solving a real problem in cryptocurrency privacy will entice them to invest and support our ongoing development.
We will be sharing our investor’s deck next week for our next Magic Monday.
Operational Updates
We are ramping up our team.
We have onboarded three new developers who will be working on different aspects of our development team, including front-end, back-end, and full-stack development. This has made our team more comprehensive, allowing us to increase our development capacity and move forward with our plans faster. With these new additions, we hope to see significant progress in the upcoming weeks.
Participate in our bug bounty program!
While we are confident that there are no serious vulnerabilities in our code, it’s kind of an initiative from us that when you report them, incentives will be given. This is our way of demonstrating confidence in our security systems and infrastructure. The bounty will be generous, and everyone can participate.
