Welcome back to our bi-monthly reporting, we have made some great progress over the last fortnight and hired some talented individuals to help build the future of finance applications.

Pinned Announcements

You can buy BTC, ETH & PLU on our BETA PlutusDEX platform with 0% fees.

Our BETA Plutus Tap & Pay mobile app is available on Android and iOS. It lets you sell crypto for fiat and withdraw to your bank account via SEPA transfers.

We aim for a complete product overhaul including the card release to be completed in the coming weeks.

Development Update

Connectivity

The tech team has now established additional connectivity with our payment solutions provider to expand our currency set, adding functionality for GBP. This is a major development.

KYC Integration

Our KYC integration is complete and going through internal testing for Plutus 2.0, this includes watchlist filtering support and completed functionality to order a new card. These features are now in quality assurance.

Product

The product team is designing the integrated 3rd party wallet user interface which will enable users to interact with their cryptocurrency holdings via our application.

We’re also designing a new transaction table where we can merge account and card transactions in a way that is intuitive for users. This includes updating the design for transferring funds and adding funds to account and card.

Mobile Development

We have switched from using native languages to the React Native framework for the mobile application build. We are reconfiguring and including all reusable components, these are re-designed to meet our brand guidelines.

Analytics

We have built our Plutus 2.0 analytics stack which will provide seamless product feedback loops, this will allow us to deliver constant improvements to our platform.

Marketing Update

Card Packaging

We have partnered with a leading packaging provider in order to deliver a premium service with packages that will house your very own Plutus Debit Card. We want to ensure a great user experience whilst remaining conscientious over our environmental footprint and brand ethos. We have explored all the available options and we are currently testing our favourite designs; we look forward to sharing our packaged Plutus Debit Card with you soon.

YouTubers

The marketing team is looking to build relationships with key crypto brands that have attained credible reputations within the sector. We have opened discussions and performed background checks on a select number of YouTube influencers who possess a strong following of users that match our target demographic. We believe some honest reviews of our platform will greatly elevate awareness in the run-up to our Plutus 2.0 upgrade.

Press Event Planning

The team are preparing for their high-end press event for the release of our mobile application. This will be an invite-only event with tier-one press attending. We are planning the luxury press bag to give to our guests with Plutus branded gifts inside to encourage attendance and organic press coverage.

AMA

Last week, Plutus held an AMA session to answer all your questions on the upcoming Plutus 2.0 release. We would like to thank everyone who joined us, this was a great opportunity to interact with the community and we hope you found it productive. Below is a link to the thread where this commenced, if you have any other questions that were not covered during the session, please reach out on our Telegram channel here.

New Hires

Plutus has made a series of new hires that we believe will elevate the development of our platform. As you may know, we believe a strong team to be one of the fundamentals of building a professional and successful product and we are very selective of our applicants as a result.

Baris Cicek has joined us as a Senior Backend Developer with an MSc in Computer Engineering and over 10 years of professional experience as a software developer. Baris has a wealth of expertise within his field and has helped build complex marketplaces in the past; we believe his skills will be invaluable to our team.

Lyubomir Budakov has joined us as our new Mobile App Developer. He has a bachelor’s degree in Telecommunications Engineering from the Technical University of Sofia and he has gained extensive experience as a professional software developer over the last six years from both frontend and backend perspective. Lyubo has focused his efforts on mobile app development for the last three years which will prove helpful for our cause.

Ivaylo Ivanov has also joined us to empower the QA team. He comes with five years of professional software testing and quality assurance experience with a focus on mobile and web applications. Ivaylo will improve the quality of our software releases, strengthen the CI/CD pipeline and help squash bugs.

Alekandr Promakh joined Plutus with 6 years of web development experience, combining frontend and backend development. Aleksandr has a strong mathematical background and a BSc degree from the Ural Federal University in Computer Engineering. He often contributes to open source projects and he has delivered code for world-renowned brands such as Yandex.

We are more than pleased with the successful candidates and we are keen to see what a fresh perspective can bring to the table. Plutus has hit an exciting period in development and our Plutus 2.0 upgrade will be arriving very soon.

David Morrison who is well-respected amongst the team and community has also been promoted to Community Manager, he will be at the forefront of communications with the public. If you have any questions relating to our products, services or announcements; you can reach out to David on our Telegram channel here.