General Update:

The Alpha Version of CoinUltra has been running smoothly online for two weeks now. Online testing shows everything is working as we have expected. The community has expressed a warm welcome to this new application. It has also boosted the credibility of the BANCA project. We are very happy to see all those positive developments!

After a short break during the Chinese New Year, BANCA team is now back at work. The prototype of CoinUltra beta version is being designed and will soon be handled to the UI team for decoration.

The major upgrade in beta version will be the listing timer, which will be the very first of its kind in the crypto industry. It will be based on web crawling technology, which the team has already been implementing. For the recent week, our backend developers have held multiple meetings about further optimization to make the system more efficient.

Development Progress:

1. In progress: Prototyping of CoinUltra beta version outlay/functions.

2. In progress: Further implementation of web crawling for beta version and discussion on possible optimization measures.

3. In progress: In the next few months, we will watch closely how the tagging models are working in production. We will continue to cumulate training data for deep learning model. But different from before, this time we will focus on data quality as well as quantity. We will take our time and make sure the new data points are labeled correctly and the training dataset has more balanced number of data points in each of the five categories.