The last week saw some major activity for Ludos on a number of fronts. To keep our supporters better informed, moving forward we will be providing you with weekly project reports. This week we have news in four key areas: Partnerships, Technical Development, Community Activity, and Token Metrics.

Partnerships

ONO Capital,recognizing Ludos’ technical skills and superior understanding of the gaming industry, was announced as our latest institutional investor after SoftBank. We look forward to our cooperation in modernizing the gaming experience with them.

Ludos Protocol’s corporation registered LudPay in Japan. A major step towards adoption and providing real-world value for future gamers, developers and stakeholders of the LUD ecosystem.

Joe Meng, our co-founder in charge of the team in Tokyo, made a deal with investment giant and Ludos investor SoftBank to develop a cryptocurrency wallet. An agreement on the transactional component of the wallet is expected to be announced shortly.

Ludos was invited by IBM to conduct a discussion of strategic cooperation with the Yokohama Bank of Japan. The Bank stated they were optimistic about the prospects of using the Ludos Protocol and recognized the talented Ludos team in Tokyo. The Minister of the Yokohama Bank Planning Department, Kobayashi-san said that they will study the use of Ludos Protocol’s technology as it relates to traditional finance and find a way to promote the development of blockchain within the sector.

The Ludos Protocol’s founding team was invited to work with Japan’s largest e-commerce company, Rakuten. Expect to hear more about this soon.

Ludos announced a partnership with one of China’s top blockchain media, Erduo Finance. Erduo Finance will continuously publish updates from Ludos, as a commitment to keep stakeholders and gamers informed of developments at Ludos.

Technical Developments

Tasks completed:

Testing of the LUD send/receive functionality of the Ludos Protocol Wallet has been successfully conducted. We expect to provide further updates regarding the state of the wallet over the coming weeks as we progress towards our public beta release.

Successfully implemented the ability to publish news within the wallet, ensuring gamers can use the wallet as a source of information, not just storage for their crypto assets.

A pilot test was completed which saw our vision of gaming-as-mining become reality. Players of all upcoming titles to be released on the Ludos Protocol can expect to receive LUD tokens as a reward for playing the game.

In progress:

Our development team remains hard at work designing the browser functionality of the Ludos Protocol dApp.

Support for BTC and other non-ERC20 tokens in the Ludos Wallet are under development, with a formal announcement on this expected shortly.

Ludos has begun development on the H5 mining game, that will allow users to earn tokens via behavioural mining.

Community Activities

Ludos Protocol continues to grow in popularity as we aim to become the blockchain gaming protocol. Total number of WeChat members across all groups increased to 958, whilst Telegram now stands at over 5,000 members.

Offline, Ludos was invited to participate in the largest Fintech & Blockchain Enterprise Conference in Japan, with more than 100,000 attendees. Ludos was recognized by world business leaders for its forward-thinking approach to the gaming industry and how it applies blockchain technology.

Token Metrics & Early Bird Announcement

Ludos is proud to announce the launch of its official Early Bird programme as a thank you to the community members who have supported us this far. Already hundreds have signed up for a chance to participate. Leading coin offering platform and Ludos Protocol partner Primco will facilitate the special event, so anyone looking to get involved should be sure to sign up there first.

Beginning November 1st, early supporters will be able to exchange ETH for LUD tokens at a special bonus rate of 1:50,000 LUD. There will only be a total of 1,000 ETH of LUD tokens available and a personal limit of 1 ETH per verified Primco user. There is no lock-up period for the tokens sold during this phase.

As you can see, the team is hard at work to make Ludos Protocol the gaming protocol of the future. To stay up to date with all the latest announcements, please join our Telegram or WeChat. Alternatively, you can follow our Medium Blog so you never miss an article.