It’s been a busy couple of weeks here at MyBit. We’ve been getting lots of questions from the community about when different parts of the project will be implemented. And so we thought it’d be useful to show you guys a bit of our latest roadmap.

First things first, we’re adding new features and partnerships all the time, which means our roadmap will almost definitely change in the future. But, in the meantime, we wanted to give you guys a sneak peek into what’s in store and where the MyBit platform is heading. We hope you’re as excited as we are for the year(s) ahead!

The journey so far

First, a little recap. To date, we’ve completed the development of our smart contracts. We’ve added numerous integrations and have just a few last touches to add before auditing by Validity Labs in Zug (prior to the release of our Alpha CELESTINE).

In terms of integrations, we’ve added multi-cryptocurrency support for USD/EURO plus Metamask and Coinbase for KYC. We’re also streamlining transfers directly from your Coinbase account — with just a single click of a button.

Last month was a busy one. The move to our new office in Zug, Switzerland has gone well and the great rebrand is almost done. The aim is to bring the MyBit brand up to date — and to make sure it represents our culture, community and values. The “new” MyBit will be revealed around the 10th of May. We can’t wait to share it with you all.

In terms of the wider project, we’ve added KYC ShoCard, IPFS and BigchainDB to our platform and we gained a new partnership. This will be announced the week after our brand launch.

Q2

As stated above, in the beginning of Q2 we are launching our rebrand. Soon after, PR and marketing will commence followed by the rolling launch of CELESTINE. This means that as we start our semi-closed Alpha, more and more community members will gain access over time. So keep an eye out, guys!

From a business development perspective, we’re looking to expand the MyBit platform into co-working spaces and storage — as well as boosting MyBit’s profile in Europe and Canada. Work is already underway on both fronts.

Q3

As we move into the third quarter of 2018, work on the open Alpha will be in full swing. We’ll also be expanding the assets available to investors on the platform , with testing in several locations.

Plus, we will grow the amount of community meetups across Europe. Here, you can see the latest products, meet the team and network with others who are passionate about the future of IoT and MyBit. We’ll also be hosting some exclusive brand ambassador events. Later information about these in the near future.

Q4

We’ll be working on our Beta release. Updates will include upgradable contracts and a specialist asset manager function (for assets like Bitcoin ATMs). Existing assets will begin to be tokenized. This will include solar plants, real estate and large products.

We’ll also be hosting live webinar events and hackathons to get the wider community involved.

2019

This is the year we launch our full product — the MyBit Platform — so 2019 is going to be a landmark year for us.

When the platform launches, you’ll be able to fund any Slock.it asset. There’ll also be funds for IoT assets (so you can invest in groups of assets, rather than individual products) and an automatic charity function. Plus, our mobile portfolio app for monitoring assets will be going live at the same time.

We have ambitious growth targets for the platform. Before, during and after launch we’ll be specifically targeting expansion in Asia and North America. Once we’re live, we’ll be able to harness our international coalition of IoT partners, users and investors to drive growth on a truly global scale.

After 2019, MyBit should be on its way to become a fully autonomous, decentralised application. Decentralised patches and features updates may still be a way off, but the core mechanics of the MyBit Platform will be fully decentralised by this point.

It will likely take several more years to decentralise our business functions, such as developing partnerships. We’ll be bringing together our global marketing and business development efforts into one, cohesive and powerful unit. The end goal is to be one of the world’s first, fully decentralised and completely automated IoT ecosystems.

We hope this sneak peek gave you some extra insights. Our new detailed roadmap will be published shortly after the rebranding.

Until next time, guys!

The MyBit Team