Welcome to the Ubiq Quarterly report for the month of August 2019.

It has now officially been a year since the community stepped up and took over several aspects of the reporting and marketing push for Ubiq. 🎉🥳

August has seen some progress towards additional listing opportunities with various exchanges and we announced a new development project, code-name ‘Octano’.

June Recap

Ubiq DEX was announced. Codename “XocelDex”.

We updated our Gubiq roadmap, releasing the next two updates in one single hard-fork.

Work on Sparrow began to merge the latest code changes from MetaMask to Sparrow.

The Discord and Twitter logo was updated.

New Artwork and stickers were released for our grassroots marketing exercise.

July Recap

More progress was made toward the next Sparrow update, with a lot of RPC back-end scalability work being done in order to make Ubiq a more stable platform to build upon.

A Ubiq version of ETH Gas Station has been coded for users to accurately predict Gas consumption when transacting on the Ubiq network.

We launched a French discord channel for our French speaking Ubiq community.

Some discord security updates were brought in to deal with increasing bots and scams.

Work was announced on a project to streamline the RPI setup process (buttons!).

We published a Ubiq research post on the Ubiq business case.

Ubiq was featured in the 2019 Standard Catalog of Cryptocurrencies.

CatalX exchange announced support for both Geo and Ubiq.

GeoCoin developer Weifa provided an update on progress.

Governance Updates

UIP #6

UIP #6 has been gathering feedback throughout the month of August on GitHub.

The proposal is aimed at contributing 0.5 BTC from the NDF, in addition to other donations from the community to list Ubiq, Sphere and GeoCoin on the CryptoBridge Dex.

Since Cryptopia went out of business there has been many requests from the community for an additional non-KYC exchange to be added for users to purchase and trade on, which if successful, this proposal will provide.

This proposal is now live to vote on, and the community have until block 954,000 to cast their vote for yes, no or abstain. Please take the time to vote as good levels of participation are useful to prove the strength of community engagement for Ubiq. If anyone has any questions regarding the proposal, you can ask in the #Escher channel in the Ubiq discord.

Development Updates

Project “Octano”

Recently Ubiq core dev Luke Williams announced a new project he is working on, codenamed “Octano”.

A brief look at Octano

This project is mostly aimed at making Ubiq an easier project to develop upon. Expect to see a formal announcement and some details around this in the future.

Advertising / Marketing Updates

Ubiq Team at Trufflecon

Picture taken by Jyap

Ubiq core team members Julian and Alex were in attendance at Trufflecon, hosted in the Microsoft campus in Redmond. Community member Durags was also in attendance.

There were also presentations about Starbucks integrating a blockchain solution to tell better stories with their product. Roman Storm made an excellent presentation on using zsnarks on ether using his app tornado.cash The second day had the hackathon and some the funding initiatives for opensource technologies lead by gitcoin.

The hackathon centered around the new truffle plugins that allow dev’s to build custom features into truffle. One of the coolest ideas was the bruteforce gas reducer for smart contracts, which basically tries all the different techniques for reducing gas costs without changing the end results.

Alex also caught up with Joe Lubin, Marc Mercuri & Tim Coulter in a fireside chat about the future of blockchain technologies.

Socks

Our friends at Cryptanthropy have partnered with TunaChum designs to bring you a fabulous set of Ubiq themed socks to wear.

Make sure you check out the Cryptanthropy store and become the envy of the entire crypto community with one of these fashionable pair of socks.

Stickers

In the June monthly report we mentioned that the community were working towards marketing materials to promote Ubiq. We have just recently released a number of stickers available for purchase.

The price for these have been set intentionally low with the small cost of 0.88 UBQ for a pack.

Exchange update

ChangeAngel

Our friends at ChangeAngel recently listed Ubiq on their coin swap site.

For those not familiar with ChangeAngel they have the following mission statement:

We are on a mission to create sustainable ways to support non ICO, open-source, decentralised blockchain development. This means that as you buy your favourite cryptos, you are also supporting your favourite blockchain development.

This means that every transaction ChangeAngel process for Ubiq, a percentage of the transaction will be made available for the development team.

We would like to offer our gratitude to their team in integrating Ubiq and recommend the community check out their website and support them on social media where possible.

Financial Activity Updates

As per our commitment to full transparency, the following update to the NDF/Marketing fund is below:

If UIP #6 is successful we will be utilising 0.5 BTC from the NDF line, which will be updated in the next quarterly.

Token Update

GeoCoin