I am pleased to provide our community with an update on our progress in Q1 2023.

XRPL Grant

In January we were announced as XRPL Grant winners. We were awarded maximum grant amount, one of only a handful of other projects to EVER get such a high award, across the entire 4 waves. In my opinion, the quality of the code we submitted in our application, as well as the way in which we prepared and handled the technical interview, contributed to us being recognised.

MVP

Work is now well underway and the XRPL grant is going to help accelerate our progress as evidenced by the fact we recently (early March) recruited 2 more developers and a dedicated project manager.

Our team is working really hard and are on track to deliver a beta of the MVP in the first half of 2023. Once the MVP has been delivered we will then begin to build it out to add the additional features like the marketplace and rewards hub.

Revellers & Rewards

At the time of writing, 399 people have minted 1149 Revellers from the Revellers NFT collection on onXRP.

Throughout the development process, our belief in Revellers as a key component of our ecosystem has grown. We see Revellers playing a major role and providing real-world utility to NFTs.

Summary

We are pleased with the progress we have made so far and we believe that our hard work and commitment will pay off and we will be able to deliver a successful outcome that meets all of the project requirements.

We want to take this opportunity to thank everyone for their support and contributions to the project. Your feedback and ideas have been instrumental in our progress so far. We are committed to continuing to work diligently to achieve our project goals and we look forward to updating you on our progress next quarter.

Thank you once again for your support and encouragement.

Kelvin Rolf