Followers of Vega,
The first two weeks of March have been an exciting time for the project. Advances in development, publicity, and the large rally in ETH have been the center of our attention during this time — some highlights are to be detailed below.
We’ve made advancements in development during the last two weeks as we’ve created basic prototypes for certain aspects of the fund while also refining other technical concepts. For instance, one of our more rough and early concepts — ‘Credit Proposals’ — which allow a decentralized VC platform to take on leverage, has been overhauled to allow for more secure and reliable collateral. While concepts like this are far from perfect, we enjoy the challenge of trying to bring new ideas into practice and engaging with knowledgeable members of the community along the way.
Additionally, we look forward to progress in the Ethereum Name Service (ENS) and StabL Coin platforms and are actively researching how it could improve Vega.
Last week we were the subject of an article published on both Bitcoin Magazine and NASDAQ by Giulio Prisco. This exposed Vega to a much wider audience and sparked valuable discourse with a variety of interested people. We were also the subject of an article on ETH News, written by Jim Manning. We’d like to thank both Prisco and Manning for the great articles — we appreciate opportunity to be exposed to so many enthusiastic individuals.
Finally, we are excited to announce that we’ve officially added Mikko Ohtamaa, former CTO of LocalBitcoins and current Co-Founder at TokenMarket, to the Vega team as an advisor. His technical expertise and general experience in this market will be invaluable moving forward.
Thanks to all those who recently taken interest in the project — we look forward to discussing ideas with you.
If you have any questions, comments, or feedback, please join our Slack, where we are most actively engaged.