[Periodic Report] ICX Risk-free Staking Lottery - Report #1

Hi everybody,

Please see below details about our progress on the ICX risk-free staking lottery. This is the first report for the period 2020/08/27 to 2020/09/27.

Report Name:

$ICX risk-free staking lottery Progress Report #1

Report Period:

August 27 to September 27 (1 month)

Report Description:

This report is a summary of our achievements over the first reporting period and lays out the next steps. Main achievements in this period include:

  • Implemented an additional sponsoring feature in the smart-contract
  • Finished development and testing of the smart-contract, conducting around 30 dry-draws
  • Audited the smart-contract using the Foundation portal
  • Finished development of the web application

Overall Project Completion Percentage:

This project, which had initially started in April 2020 with help from Velic Financial, is now approaching 90% completion.

The next 2 months will be dedicated to launch, onboarding of the waitlisted users, marketing, and improvements based on user feedback.

Remaining Time To Completion:

2 periods: 2 months

Expected Results For The Next Period

  • Polishing of the last details (T&Cs, newsletters, FAQ)
  • Launch of the $ICX risk-free lottery
  • At least 100 users

Materials proving progress

Review Result Comments

Review Result


Review Comments

Thank you for your effort.