As we wrap up the year, it is natural for us to look back and take stock of where we came from and where we are going. The year started with a big bang after the success of our ICO, but bearish times hit the crypto markets. We had to hunker down, grow our team and focus on allocating the money we raised to optimize the development of our platform and app and fuel our pursuit of a new way to conduct finance. We decided to adopt a responsible pace to ensure that we don’t fail in our mission because of the pressure to build our products in haste. Integral to this approach is giving a vital role to the feedback from our community of token holders in our decision-making process.

Of course, we have seen setbacks and delays: building an ecosystem around new technology is riddled with challenges and not free of glitches. But we have persisted, we are focused, and we are confident that our efforts will come to fruition in 2019.

In December, we reached new and important landmarks. We introduced a new utility for our CHSB token, we entered a new exchange in Asia, and we refined our community platform into a Swarm Intelligence Program using Reddit as our temporary home before our own platform is in place.

December was also a month full of events and conferences. Our co-founders and head of events went to Paris for the Blockchain Summit and gave talks about the future of ICOs. We wrapped up the year in Switzerland with a series of events starting in Zug, ending in Geneva. Our community manager and CBDO reached out to the German community hosting our last European Blockchain Unchained even of the year in Berlin.

In Asia, our Japan team continued to make strides. We co-sponsored a hackathon in Vietnam, opened doors in South Korea by attending theOKEx & 99EX conference in Seoul. Our Asia team is growing with new hires to help us in the Japan office and with our rapid expansion in Asia.

Our community continued to grow on Reddit with the weekly competition series and the Swarm Intelligence Program. The Community Ambassadors Program is growing, with new members applying to become community ambassadors from the four corners of the globe. We hope to expand our community programs in the new year as we prepare to launch the SwissBorg app.

We began publishing the Monthly Review in May 2018, at the suggestion of community members. It has now reached its last edition of this year, and with it, we want to thank you for following our progress. We wish you all a merry holiday season and a happy and bullish new year!