March 17, 2018

This is the third release in an ongoing series of weekly updates that we will be providing our community. In time, it will be extended to cover a wide range of topics and as a forum to answer questions received. If you would like your question posted and answered here, send your question to cto@bezop.io.

Today, we’ll be providing updates on the following activities:

· Announcements

· Support

· Bounty Program

· PR/Marketing

· An Investor Question

· Product Status and Performance to Roadmap

· Market Innovation

· Summary

Announcements

The transfer features with HITBTC have been restored and we truly appreciate everyone’s help in that effort to complete the work that needed to be done by ceasing transfers. You may now return to unimpeded use of this exchange.

Please stay tuned this week, the culmination of a great deal of work is about to come to head and we believe you will be blown away by this week’s announcement. The team has been working incredibly hard to make this happen.

Support

Support is continuing to improve. We are working really hard to ensure tickets are being worked and responded to, emails returned, and just the general ‘tenor’ of support improved. Hopefully, more and more of you are beginning to experience that personally…well, I take that back — I hope most of you don’t need any support.

Bounty Program

The bounty program is now officially closed. We have paid the last set of participants and no further disbursements will be made.

As the last and final bounty, these payments are being made:

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12/23/2017 11:43:19 @Amirrusel

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PR/Marketing

I am excited to report two things on the PR side — and note, I added marketing. I am thrilled to report the full and active engagement by our marketing team in the project. Simon Greenhalgh is now actively working with the team on re-designing our overall messaging starting with our explainer video. He’s brought in some real pros to help with the work and we’re all excited to see the first video to come within the next week or so, so keep an eye out for that. Also, we’ve “counseled” with a couple of external companies regarding our overall positioning. Based on these discussions, we’ve crafted a strategy moving forward. You will begin seeing the impact of this strategy in two ways — the product and marketing. It’s all poised to get triggered.

An Investor Question

When are we going to hear about this “big” announcement you’ve been talking about now for almost a month?

This is a big week coming up. The team has been working around the clock on the product. It’s been almost the exclusive focus above and beyond everything else. If you haven’t figure out the big announcement by now — you should have. And, if you haven’t, you will this week. That’s right. This week we will be rolling out our big announcement; so, stay tuned.

Product Status & Performance to Roadmap

Well, as I said, this week is a big week coming up. The team has been working almost around the clock on the product. We are making incredible progress — ultimately to be judged by the market. I can tell you this, we’ve made tremendous progress on our product development and are substantially ahead of schedule.

We have completed the design of the smart contracts that power Bezop. Quite literally the engine that will drive the entire system complete. This is a huge deal. Why? Because what we’ve done with our smart contract hasn’t been done by anyone anywhere. We have designed a smart contract that is capable of powering decentralized purchases.

Market Innovation

This paragraph is an excerpt from a paper I am working on right now using Bezop as the focus but speaking generally to you about the ICO “world” and Bezop Blockchain Ltd.

It’s interesting — I’ve been involved in the crypto world since 2011, not in a big way, but as a small subscriber like many of you and one, at that time, fascinated in Bitcoin, the deep web, silk road, that whole phenomenon. I guess I am always drawn to these “fringe” areas of technology because often that’s where real progress is made, incredible discoveries unleashed, and where the yard line is moved. Back then, I was a true novice…just trying to figure out what it was all about and how I might be able to put it to use in what I was doing. I was looking at how “The Onion Router” or “Tor” was being implemented to relay computer messages through an assortment (at least three) servers in an effort to disguise the users while using the first virtual currency — Bitcoin. Now, I go way back to this history for one reason. DPR, or the Dread Pirate Roberts (Ross Ulbricht), started Silk Road on Jan. 27th, 2011. Now think about this…it’s 2018 — just seven years later and look where this technology has come — where we have come.

We live in an incredible time that is constantly evolving with newer innovations and technologies that continue to disrupt the world around us changing the fabric of our day-to-day lives. As quickly as we become comfortable with one technology, a newer more innovative technology pops into play often breaking all the rules and ushering drastic change.

Think about it. Whether it’s Amazon announcing drones for commercial deliveries or voice payment gateways, self-driving cars or cryptocurrencies for our day-to-day transactions, these technological leaps continue to drive drastic change keeping the everyday person spinning like a top. Let me quote Divya Joshi, writing for the Business Insider, “Invention converts into innovation when it couples with mass commercialization and adoption. Cryptocurrency is the result of an invention, which is now poised to become the next big innovation in the fintech industry.” I reflect back on a show done by John Oliver talking about the cryptocurrency market and where the true message of the show in my estimation was to ‘…proceed with caution.’ In the show, a reporter catches Michael Keaton coming out of a restaurant and proceeds to ask him “Hey, would you recommend buying Bitcoin?” Now, where, as a society, we respond to the vast expertise of our celebrities to make serious, complex decisions and potentially life-altering ones, well, I don’t know; but, he actually had some pretty sage advice. Keaton responds, “You know what’s funny? I was just talking to my buddy about that who knows about this. I got two different… One guy said, “Yeah you probably want to.” Another friend of mine said… “Ehhhh.” Not like it’s a bad thing, they just don’t know where it’s gonna go.” Oliver then goes on to talk about that guy in your office called “Dan” (a made-up name) that just won’t shut up about the virtues of investing in Bitcoin. And about how much he hates “Dan”. Anyway, to sum up a pretty funny show with what I think is pretty sage advice and that, quite simply, “This is a brand new very complicated space and literally nobody knows how it’s going to develop so you need to be very careful.”

Now, I bring this up because on our website, and throughout various posts, we’ve stressed that to get involved you need to know what you are doing…that this isn’t for amateurs. I bring this up because I am stunned by how many of our subscribers jumped on just on the word of McAfee without really doing their due diligence and without really understanding what they were subscribing to. I’m not complaining, mind you, but I am now going to go back to what Joshi wrote, “Cryptocurrency is… now poised to become the next big innovation in the fintech industry.”

Folks, Bezop is about to do something that no one has truly been able to do. We are about to release an e-commerce product wherein all the processes of buying and selling on the blockchain are achieved. Think about that. Think about our announcement… (not saying this is it but what if it is??!!) We are about to release a product wherein all the processes of buying and selling on the blockchain have been realized and enabled.

Who is disrupting what? In the next several weeks, if we are able to get, say, a hundred thousand merchants or more signed up to try our platform and Amazon or eBay come out and announce their acceptance of cryptocurrencies what do you think that will do for us? Think about this, do restaurants open where there are no other restaurants, or do they tend to clump together? They clump together. Why? Because they know that people that want to eat will be there. They compete which is good and healthy, but they don’t risk being in the middle of nowhere where there a no other restaurants. They have a far greater chance of succeeding together then succeeding apart. By Amazon or eBay entering the market it validates the market thereby making us a viable choice. If we are easier to setup up, easier to use, cheaper to run — who are people going to use? I say come on Amazon, come on eBay — what the hell are you waiting for? We’re already here warming up the market!

Now you know what you have subscribed to…pretty damn cool. Help us bring in the merchants and just watch what happens…you’ll be glad you did!

Summary

To sum it up, we’ve made tremendous progress in development. This week will prove to be the culmination of a lot of hard work. This will also herald in a new energy and pace in terms of messaging and overall marketing with the full engagement of our marketing team led by Simon. This is going to be a really exciting week, I think. I am counting on it. We will be crossing a threshold this week into a new phase and it will all be announced later this week, so stay tuned. We are going to turn an invention into the next major innovation that’s going to change the market, hell, change the world and herald in a new way of doing an old way of selling your products.