EunoPay App.

21 Jun 2022, 20:14

EunoPay App Euno• and 2 external developers and Euno supporters have developed a Blockchain-API-Service for Baanx to get the last technical task done. Tests for this will be run by Baanx. Since some technical changes in the EunoPay flow the SEC-Team has to review the new changed solution. We decided to test the EunoPay App in 3 versions. The reason for the 3 steps is to make tests in early status of different development levels. EunoPay V1 will be accessible for Euno-Core Team and few developers only and will be tested in basic functions like Account management, user-experience, KYC-Service. EunoPay V2 will be accessible for everyone in the App-Stores and will include the blockchain-part. EunoPay V3 will be accessible for everyone in the App-Stores and will include the NFC-Payment. In the last update we said that the EunoPay App would be realistically released in Q2, 2022 because we were told from our partner. During the work on EunoPay some parts of the partner's development had to be changed and we could not get it ready. From now on we will not announce any dates if we are dependent on third parties which we cannot control ourself. We are really sorry about this. Tier 1 Exchange A We have delivered all needed documents and have developed the interfaces which are needed for the communication between the Euno blockchain and the exchange. We are in direct contact with the responsible developer and manager of this exchange. Currently we are waiting for the final test from the side of the exchange. Tier 1 Exchange B Since we have talked to the Manager of this exchange we had to open en Euno·entity in Europe to pass the requirements of the exchange. This was done in June from Eugen in his home Country, Germany. The paperwork is done and we will continue with the technical implementation after the documents are reviewed and the listing requirements are fulfilled. wEuno (Euno Token on ERC20 network) With great respect for you all we come back to you with some awesome news. As we all know, a lot of coins are in the corner. Not getting listed and trouble with all kinds of third party software needed for several exchanges. We all see the tweets passing by for tokens without any history and even new tokens getting listed on major exchanges. With this in mind some of our community members did contact the core team and together we came up with a plan for a ERC20 token. This token will have a very straight forward contract. The contract and the token use is solely for the use of 3rd parties and grow Euno faster. There will never be more tokens available against the coins locked on the swap/bridge platform The link to this SWAP platform will be integrated on our Website after this Announcement. The swap/bridge will work on 2 sides Euno→wEuno and wEuno→Euno using MetaMask. We will upload some video guides for the SWAP platform. SWAP: Euno→wEuno the exact amount of coins sent to the platform will be minted by the contract on the ETH chain. SWAP: wEuno→Euno the exact amount of tokens sent to the platform will be burned by the contract on the ETH chain. There will be no staking, no liquidity pools, no features whatsoever. Just a possibility for 3rd parties to list Euno much faster by just setting up the contract on the ERC20 chain. So for the Masternode or staking features you still need the native Euno coin. Our main goal will not change, the Euno coin (not the token) will have all features. So in short: Our main goal is EunoPay will work with Euno coin. With this step we expect Euno to grow faster and ready for the future. With the Euno token we will get listed on new exchanges to get more audience and possibilities for trading. With more Exchanges we would have more trading volume and more price stability. We will continue the work as always even if you don’t see us working. Our team has been working over 3 years on Euno already and we are not planning to leave anytime soon! Let's keep focus on our main goal, paying with Euno through EunoPay!! Kind regards, Euno Core Team + some community members