Welcome back to our bi-monthly reporting, the team is working tirelessly to deliver the ultimate finance application and we are excited to be nearing the final stages of development.

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

Onboarding

The tech team has expanded, and we have familiarised the new employees with our products, services and processes. We are happy with the newly acquired applicants and they have already proven worthy hires.

Integration of Financial Management Systems

Plutus possess two finance partners which strengthens our available options and provides us with more flexibility than other crypto start-ups within the payments industry. The tech team has implemented multi-currency in dev environment and integrated both systems under the hood.

Backend & Infrastructure

The tech team has been working on database management and updated our system to meet our current stable release. We are using the same established database engine we used in Plutus 1.0, however, the software’s latest release has seen significant performance improvements. With this in mind, we have mixed an upgrade and migration into our Plutus 2.0 preparation process and now have dev and UAT environments upgraded.

PlutusDEX UI Improvements

Our development team has worked on improvements to our UI of the trading platform where one can buy, sell and top up their card balance directly with fiat or crypto by proxy. The UI for topping up one’s card with crypto will be more intuitive for users in our Plutus 2.0 release.

Marketing Update

Card Designs

Our card layout has been approved and we are now in the final stretch of production and packaging discussions. We are in the process of ensuring availability of card ordering shortly after the upcoming Plutus 2.0 release. We are currently piloting our cards internally, and with select users on our Telegram; there are more details on this later in the report.

Our Waiting List Is Open

We have opened the floodgates to our Plutus Debit Card waiting list. Just submit your email address on our corporate homepage to ensure you are first in line for any news regarding our Plutus Debit Card services. You can sign up here.

PR Progress

We have secured various editorial coverage in leading crypto and fintech publications in line with our upcoming announcements. We are continuing to speak with other tier-one press outlets regarding our progress to ensure as much visibility as possible during this critical period. Our international calendar of PR activities kicks off over the coming weeks so stay tuned for our latest article features.

Speaker Events

The marketing team has also actively been speaking with various finance and blockchain event companies regarding speaker slots for both our CEO, and to announce our new product features. Stay tuned as we have a busy calendar this year already.

New Platforms

Plutus is now on Blockfolio Signal! We are improving our communications with you, the community, so you can instantly discover the latest news about our next-generation finance platform. To find out the latest updates and exciting announcements directly from our C-suite team, join us here.

Plutus has also joined Discord, a free and secure chat channel available on both mobile and web. We have divided the platform into useful categories and sub-channels to make it easier for our users. Make sure you join us here.

New Hires

We are continuing to expand our highly reputable development team. Plutus 2.0 will not be the end of our development as we have plenty more milestones in the pipeline we aim to achieve. With this in mind, we have recruited three more software developers who excel within their field to help us across the final stretch and into the next chapters of product development.

Tomas Rastenis has taken the Senior Frontend Developer role at Plutus. He has delivered visually demanding and responsive products for big-name brands in the past and has implemented connection to the single Euro payment area using the Bank of Lithuania as a gateway. With over five years of software development experience, Tomas is a great addition to the team.

Edvards Kazlouski has joined Plutus with the role of Frontend Developer. He has delivered multiple frontend customer solutions including a shopping app and systems for both vulnerability management and talent acquisition. Edvards graduated from Belarusian State University, Faculty of Applied Mathematics and Computer Science, and possesses more than five years of web development experience that will greatly benefit the Plutus team.

Daniel Witkowski joins us as a Senior DevOps Engineer with almost eight years of industry experience behind him. Daniel graduated from the University of Applied Informatics and BTM Management in Warsaw and worked as an IT administrator for numerous years before joining an advanced software R&D company.

General News

Test Card Pilot

The Plutus staff will be testing our Plutus Pilot Cards next week to ensure they are robust enough for our community; the team will run various scenarios across six subcategories and adjust the build accordingly if necessary.

We are rolling out a small batch of cards to selective community members for further verification. You can join our Telegram channel for more info on applying.

KPI Development

We have slowly and carefully selected team KPIs and we are now putting in place a data pipeline infrastructure that we can use to generate monthly reports for the senior managers to analyse. This will help us determine if the actions we are taking on a daily basis are moving us towards our business goals, and also enables a thorough assessment of our products and services. Compliance and Customer Service KPIs are locked down and implemented; Marketing and Product & Operations KPIs are next on the list.

Listings

Awareness of Plutus is growing, and our utility token (PLU) has been listed on various websites, wallets and exchanges over the last fortnight.

Pluton is now available on Atomic Wallet , a universal multi-asset wallet with a built-in decentralised exchange.

, a universal multi-asset wallet with a built-in decentralised exchange. Pluton has been verified on Blockspot.io , a blockchain data platform that can be used to track and analyse our native utility token.

, a blockchain data platform that can be used to track and analyse our native utility token. You can now trade PLU/BTC and PLU/ETH pairings on CoinExchange.io.

May we remind you to look out for phishing scams when using any platform or services that refer to Plutus. Security is of paramount importance to us and we will always ensure our users and their assets are safe. Please conduct your own due diligence for instances outside of our control when using any third party services, these are not partners of Plutus and they have added PLU due to its decentralised nature and use cases provided by Plutus.