LICX – Periodic report 1/2
In this period we have established all the fundamentals needed for LICX project which includes:
- Establishing IRC2 token contract
- “Fake system contract”
- UX/UI components needed for MVP
On top of that, we have started creating SCORE with the logic needed for the LICX pool to function. We have already implemented a few key features, but some redesign and improvements will be implemented to improve the scalability and security of the smart contract. The work includes
- The possibility to connect a wallet to the web application
- Joining and leaving the LICX pool
- Frontend implementation that connects functions to the web application
Project Completion Percentage
Based on the amount of development work that was already done we estimate that 45% of the development is completed.
The UI/UX for MVP is already sufficient. We plan to do some minor adjustments to it so 90% of UI/UX is already done.
Remaining Time to Completion
The final release is dependent on the release of the upgrade of the network when SCORE will be able to interact with the system smart contract, but we expect that the development should be finished by the end of next month if everything goes according to plan.
Expected Results for the Next Period
In the next period, we expect the SCORE to reach the MVP stage and to be tested. We will finish the SCORE components as well as improve the scalability and security of the original design by implementing an alternative way of mapping the wallets and implement functions through a web application.
Materials Proving Progress on the Project
Access to the complied codebase will be provided to Bong and Ben on Telegram
Status summary in text
The progress of the project is currently on track with the expectations that we had. If the testing to the new mapping approach is successful we should be able to deliver the MVP by the end of June (again depending on the SCORE’s ability to interact with the system contract).