1. The Burn-out major success and further updates

Last week we released the “Burn-out” feature, which allows you to passively earn from the platform’s growth. You can learn more about this in one of our previous Medium articles:

During one week 126 Burn-out were activated, over 10 thousand Midas spread between investors and over 21 thousand Midas burned!

It allowed us to reach unbelievable 3.47 BTC volume on InstantBuy!

In the next updates we will change a few fundamental things about Burn-out, making it even better to attract more users within and outside of Midas.

Here is the list of possible updates that might take place after the update:

- Separate Burn-out and Lock-in from each other;

- Create a dedicated landing page for Burn-out;

- Make the referral link available for everyone and make the conditions better;

- Update the rules of Burn-out.

Update will take place after the exchange release.

2. The exchange update

We continue to work on the exchange. We decided to throw away all fancy features we wanted to make and keep the core of the exchange at first. Afterwards the functionality will be increased with every week.

We need to keep it as simple as possible to make sure everything works smoothly. Yes, it will be kinda ugly at first, but going small steps will make sure we are going far.

3. New share card is being designed

We understand that our share cards have a very limited functionality. At the moment our design team is working on the new share cards that will be adaptive to any instruments (not only masternode coins) and will have all possible information that is needed.

This is one of the first draft, so do not pay attention to the fills in the tabs. The key point here is the concept. Let me know what do you think in our social medias.

4. Marketing agency joins our team to provide services for Midas and coins listed on Midas

This week we finalized a partnership with a huge marketing agency that will help us to create awareness on all social medias. They are known for working with some Binance coins and manage a lot of projects, new and old.

We have created a marketing plan together that will start executing tomorrow.

Also, this marketing agencies will provide services for all coins listed on Midas and by the end of this month we will create a Midas marketing pack to help projects listed on Midas get more investors. It will become the great addition to the services we have already.

5. Midas price grew 50% during one week!

The price always reflects the great things we do. In one week we increase the buy orders from 0.4 BTC to 1.4 BTC, which also lead to the extensive price growth!

Our next step is to fix the price on this level (6 000 satoshis) preparing for the next growth back to 10 000 satoshis!