Roadmap of the Kragx Network

voidentry (25)in #kragxdefi • 3 years ago

Introduction

Experts and professionals across different fields and disciplines will often say that if you have a goal or an objective you intend to achieve, you should write it down. This simple action constantly keeps you alert on the path set before you in whatever you seek to attain. We can apply this technique to any business or project. It helps to keep track of milestones achieved during a specific period. With a roadmap, it is easier for anyone to understand the clear path of any business or company. Blockchain and crypto businesses understand this strategy and how it helps a platform to succeed. This is why the management team and founding members often enact a roadmap to guide the network towards actualizing their set goals.

The chances or possibility of achieving company set goals may often be determined by how clear and concise the roadmap of that company details all the prospective plans and objectives. When projects and businesses develop a roadmap, it gives some level of control of the different stages and levels of the intended milestones. Roadmaps contain the timelines to achieve the goals and the precise tasks or activities are assigned to different timelines and intervals, which helps the team to monitor the progress of the project. Organizations can improve their effectiveness and efficiency using a roadmap, as it helps to check the set goals within a specific time. Businesses can make appropriate adjustments whenever there is a change in the actual activities, which may be different from reality.

Kragx network team understands the need to create a schedule of tasks and activities they intend to accomplish within a specified period. The roadmap of this network provides comprehensive details on the projected objectives and vision of the company, which often starts at the idea conception of the platform to various milestones attainable within different timelines. The founding members of Kragx Network had the goal of creating a decentralized finance platform under the Ethereum Blockchain network, which will deliver advanced technology to financial operations and processes. The development team will build a digital asset (token) specifically designed to enable decentralized financial offerings and applications which may include asset staking, liquidity pool, borrowing, investing, yield farming, asset swapping or exchange, and community reward governance.

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The team intends to establish a network that allows users to make investments, borrow, exchange or swap tokens, and earn assets; all these will be supported on the Ethereum 2.0 smart contract. The roadmap of the Kragx DeFi platform centers on its long-term vision and the resolution and belief to achieve them. The network’s vision pertains to increasing an all-inclusive and decentralized system that grants all users access to investment assets (both electronic and traditional). The projected goal also pertains to offering rewards and incentives to token holders for their participation in the project’s activities and campaigns. Kragx intends to operate a community-driven platform such that the power and rights to manage their financial transactions and payments without restrictions or any intermediary; hence, enhancing inclusion and decentralization.

As an emerging and enterprising DeFi platform in the market, introducing new features and functions will help Kragx garner more attention and interest from crypto enthusiasts and investors. The team plans to introduce new solutions in different areas of decentralized finance which may include derivatives, payments, asset tokenization, borrowing, exchanges, and programmed market making. Kragx intends that all these applications and services be available and accessible to all users on its network; clients can access these resources with their mobile or computer devices and an internet connection. This type of structure established by the Kragx network will spur other platforms in the market to develop systems that accommodate more users and gives them access to assets and data, as securely and seamlessly as possible. Part of the milestones of this network relates to the development of its token. This digital asset of Kragx will function as an inflationary token to improve benefits available to users for staking their assets and it will also have liquidity mining programs to incentivize utility of the exchange and stability of the pool.

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Breakdown of Kragx’s Roadmap

Q1 2021

The founding members and development team will generate the whitepaper of the project, which will be available to the public and will contain detailed information on the network’s plans, features, and applications. This timeline will market the seed funding from private sales, the development of the project’s platform, website, and dashboard.

Q2 2021

Kragx intends to expand its platform and integrate private investors who are ready to pull their resources and assets to support the growth of the network. After that, they will also begin the token and public sales during the second quarter of the year. As they continue with the sales, the development team will start with the building of the wallet compatible with the tokens. They will develop the applications for mobile devices, both iOS and Android operating systems. There will also be the creation of the platform’s architecture and technology.

Q3 2021

The decentralized platform will be automated to enable the lending and borrowing of assets and tokens by users. Kragx will begin to liaise with key market figures and establish collaboration with e-commerce firms.

Q4 2021

After a successful partnership with e-commerce firms, the Kragx network will seek to also collaborate with other platforms and exchanges in the blockchain and cryptocurrency industry.

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Q4 2021

The last quarter of 2021 will mark the milestone of having the decentralized exchanges and applications ready for implementation on the network. All Kragx’s decentralized finance offerings, with the programmed codes, will be available and open to all users.

Q1 2022

The team will enhance the partnerships with the e-commerce firms to bolster the actions and activities of clients and businesses. This will enable users to implement all their financial innovations and tasks.

Q2 2022

Kragx’s platform will focus on remaining active and sustainable in the market while becoming involved with industry activities. They will also organize their major event.

Q2 2022

Announcements on the projected agricultural project will be made.

Q3 2022

Kragx network will make public their plans of establishing a real estate project.

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