The month of May has seen some exciting progress and we’re proud to showcase some of the updates we have for 16–31 May 2018.

1. TECHNICAL UPDATES

1.1 Token swap prototype code is up!

Rate3 exists as a decentralised dual protocol on both the Stellar network and Ethereum blockchain with her cross-chain architecture. Our prototype code is up — please have a look at our Github:

Utilising the Hashed Timelock Contract approach, we are able to conduct a token swap that is atomic in nature.

Read more: https://medium.com/official-rate3/cross-chain-atomic-swaps-check-out-our-github-now-a554d74e2f1a

1.2 Locking Program (Coming Soon!)

Building on the Honey program, we have a locking program coming soon! The token locking program helps to encourage Rate3 supporters to lock their tokens.

Rate3 Locking Program: Sneak peak!

Rate3 Locking Program: Sneak peak!

2. MARKETING UPDATES

2.1 Commercial Payments International (17 May 2018)

Jake represented Rate3 at the recent Commercial Payments International 2018 event. Amongst other professionals from MasterCard, Deloitte, Visa, Jake shared more about the application of blockchain applications in financial services.

Beyond Bitcoin Prices and ICOs: Blockchain Applications in Financial Services

Jake presenting about Rate3 Tokenomics

Jake sharing about Rate3

It was a very well-received presentation — and many of these Payment professionals enquired about Rate3! Stay tuned for more exciting stuff happening!

2.2 Blockchain & Bitcoin Conference Australia (May 29, 2018)

Panel discussion: ICO’s: Opportunity or Threat? This presentation will cover among other things scams causing disruptive legislation and how to combat moving forward as a community. Showing the audience how the ‘world’ views ICO’s today around the globe and our responsibility to create an accountable community moving forward.

2.3 Revamped Website: New features, Roadmap and Use Cases

New Roadmap: https://www.rate3.network/roadmap

2.4 Created Korean community

Rate3 Telegram (Korean): https://t.me/OfficialRate3KR

Rate3 Kakao (Korean): https://open.kakao.com/o/giaHBbN

2.5 Rate3 Honey program!

We’re proud to announce the launch of Rate3 Honey program!

Complete Daily Quests to earn Nectar. It’s that simple! You can exchange your Nectar for RTE tokens after 30 days at least.

Visit our Honeycomb here: https://honey.rate3.network

3. INVESTORS & ADVISORS’ UPDATES

3.1 Announcement of BKfund

BKFund is a token-focused investment fund incubated by Fenbushi Capital, rated as one of the top 5 blockchain VC globally by CBInsights.

Read more about BKFund: https://medium.com/official-rate3/presenting-our-investor-bkfund-c1809098690c

4. TOKEN SALE

4.1 Concluded token sale!

As of 1AM, 22 May 2018 SGT (GMT+8), we’ve completed our token sale and reached our hard cap entirely. Our CEO, Jake has written his letter of appreciation as well.

Read more here: https://medium.com/official-rate3/a-letter-from-ceo-9d2a5b18ad66