Over the last two months since the last Development Update we have both expanded our development team based out of St. Petersburg, Russia as well as adding several individuals focused on product management and UX. Additionally, we had engaged with three groups for security audits of the WINGS ERC20 token: Digital Identity, SmartContract Solutions and New Alchemy.

Currently, we are approaching the release of the Beta version of WINGS which will include all of the basic functionality ranging from creating an ICO with a standard ICO contract (more ICO contracts will be added over the course of the year), locking WINGS in discovery (forecasting) which will allow WINGS holders to get rewarded from evaluating, valuing and promoting Ethereum-based ICOs that use WINGS, and for third-party ICOs to plug into the WINGS DAO for evaluation and promotion (see WINGS External ICO Integration document).

Shortly, we will be announcing a Bug Bounty for security testing some of the Beta smart contracts, prior to their deployment on the Ethereum mainnet in June 2017.

Technical Updates:

— Smart contracts refactoring and optimization

— Crowfunding smart contract

— Locking smart contract (in progress)

— Updated smart contracts tests

— Integration of UI with new version of smart contracts

— New bubble chart & integration in new UI for forecasters

— Working on forecasting version of Wings

— Updates to Math model and Math model simulator

— Functional testing

UI/UX Improvements:

— New home page

— New Discovery page

— New project page & forecasting page

— New crowfunding page

— New project categories

A short preview of some of the new user experience: