The developer EXPerience

Alex club token on Expanse

Recently on the Expanse Telegram our User Alex shared his experience with Expanse here is the conversation we had (you can look for it on July 17th 2020):

  • Omar: Welcome to all of our new users to Expanse. 

Alex: IMHO, as a user of our token based on Expanse, we like our currency for its efficiency and low cost of Tx. Compared to ETH where we’d have to spend a substance of money to pay for TXs and this is not desirable.

  • Omar: Yes!! We have low transaction costs.

— Alex:when we started tokenizing our club services in 2017 we’d agree to pay 1-2 cents for a Tx;  that’s why Expanse was a selection. Even cheaper now,  and even of course that we don’t run a scale of a million TX of our token, it’s still a reason why.

  • Omar: I will love to share your project in our next Newsletter. Will you agree on it?

— Alex: Sure, to share experience is great. We currently minted 41,600,000 mo’s and they are our club’s internal way of paying for the club’s services. So now around 160 people use mo’s. So our people have the smart contract to exchange their mo’s for Exp. That’s great thing because another way of liquidity is asking to pay money and that’s we decide say it’s ok or it’s not ok, but with a 24/7 exchange at the smart contract and perhaps a new Luna wallet our people wouldn’t need our consent for acquiring tokens and beginning use the club services.

  • Omar: That is amazing!! I will DM you so we can talk about it and thanks for this

— Christopher Franko: Man that is really awesome and heart warming to hear

— Speedrunner: [In reply to alex] Can you share contract address of your token?

— Alex: I will. First I want to say “thank you” to Chris . Never had a chance,  and being polite is better here and now. Thank you for the Expanse from all our club people. We will keep using it as our basic CC.

— Alex: var tok = tokenContract.at(“0x019d04fc548fb7813a4132082c5ce87998094ac7”);

— Speedrunner: Cool, thanks

— Alex: No sure if relevant as the Health App. http://tennismatchmachine.com:5000/ – relevant to sports, anyway. That’s the club that uses “mo” token. People there are real recreational tennis players. The club services are a) creating an offer of a match on the club board  (600 mo) b) publishing a match result (600 mo) c) participation in a tournament (~10 kmo). Both money and tokens are acceptable with equivalent of US0.45 per one offer/match result, if paid in RUR,  – and 600mo=8Exp ~ US0.24 – so that its 40% discount per match if paid in tokens.

About the Franko’s Vision, Alex said:

— Omar Alvarez: This is our founder’s vision, what do you think? https://expanse.tech/christopher-frankos-vision-for-expanse/

— Alex:  I think that Expanse is great for tokenizing public services especially the same services offered to the public for money. 

Example, universities (U) may have begun already offering their own tokens for their students and staff to pay for the internal U services, at lower rate if compared to payments in money. I mean that a U can afford a discount to those students and staff members who chose to pay with tokens instead of money. 

This discount is based on ability to sell/buy tokens at a smart contract independently and individually, so when each person involved at U can choose whether to pay immediately with a card at 100% or buy tokens at a smart contract for Exp at 50% and then pay with tokens. 

Considering all  arising opportunities a U gets from both parallel payment methods and a low cost of acquiring crypto services with Expanse, this looks like a big new field.

You can follow this and other nice conversations about the Expanse developer community on Telegram and Discord. Join Now. 

Developer Update

Our development team, managed by Asim, has been off this past week celebrating Eid al Adha. This is a Muslim holiday celebrated around the world that lasts for several days.  Asim and team will be back hard at work on Monday. Asim purchased this bull for the celebration.

Gander Enhancements

As we reported last month, Expanse Founder and CEO, Christopher Franko, defined the specifications for Gander v3. The specs include a slew of enhancements and new features. As this newsletter reports, we’ve had a few other things on our plates. Plus, we did not want to take Gander offline for any length of time. As a result, we’ve taken the approach of adding enhancements as we can. Asim outlined the following Gander additions since the last newsletter article:

  • LAB and PEX balances are now displayed.
  • Users can view miner distribution.
  • Many other performance improvements are in place.

Developer Updates

Many of you have asked me for updates on the progress of  one product or another. I am involved in literally every phase of the product development lifecycle. (I even sit in on dev meetings with our Pakistan-based team at 5 a.m. my time.) Since neither Chris or Asim were available today, I will give you my assessment of where we are on key initiatives.

UKYC

UKYC development was put on hold temporarily while we tackled other priorities. It has resumed this week with a vengeance. In addition to the actual development work, which is making great strides, we have embarked on the development of an investor pitch deck.

UKYC has the obvious potential of creating greater efficiency and security in the Know Your Customer processes we use in crypto every day. Once it is ready to market, we plan to position it with corporate sales groups as an added-value utility they can market with their enterprise software products. Completion of the investor pitch deck will allow us to approach our contacts with this opportunity.

Developer Updates

Gander v3

When you visit Gander, you will see a “Down for Maintenance” sign. That’s because the release of v3 is imminent. With this new release, you will have the ability to:

  • Submit raw transactions
  • Use an API to retrieve data
  • Track complete blocks and transactions

This high-priority initiative should be ready for QA testing next week.

Developer Updates

Luna Wallet

A new version of Luna Wallet is in now in beta-testing. Along with fixes for bugs identified through testing and feedback, the new version of the wallet has Tokenlab integration. Beta-testers can see and download the new files from the Luna Wallet Beta-Testing Discord channel.

Tokenlab

A new version of Tokenlab is now available in the Tokenlab Beta-Testing Discord channel. Testers will see improvements in ease-of-use and expanded token management features.

Product Roadmap

There have been a few changes to our roadmap since last published. Note that, while we are hesitant to commit to exact release dates, (that rarely works), we have provided the projects in order of anticipated release timeframe.

  1. Token Creation Wizard (Launched): Using smart contract technology, create utility tokens for your project. Let the wizard lead you through creating, naming and setting parameters for your token. Launch your token on the Expanse blockchain.
  2. Tokenlab 2.0: Token Manager and coupon functionality
  3. UKYC™: Use the Universal Know Your Customer (UKYC™) Identity Verification module for user identity verification wherever it is required.
  4. EXPEX: Our new decentralized exchange, EXPEX, launches inside the Luna Wallet, allowing peer-to-peer trading services.
  5. Luna Wallet, 2.0: The next generation of the Expanse Luna Wallet with rich new features.
  6. Module Marketplace: Find useful utilities (dApps) to help you manage and market your token-based business.
  7. Tokenlab Crowdfunding: The Tokenlab crowdfunding platform provides a variety of solutions for crowdfunding. License our software to run on your own servers or use the self-service portal available from our website.

Developer Updates

UKYC

We continue to make progress on the alpha version of Universal Know Your Customer (UKYC). Although we’ve made some new decisions about the programming language that has resulted in some delays, we still project its release 1st quarter.

Tokenlab

We have expanded the scope of Tokenlab 2.0 features. The result is a  delay in the new version hand-off to beta-testers. Among the new features are:

  • Additional templates/protocols – ETH is added.
  • Deployment options now include Ethereum.
  • Ability to use a coupon code for payment, defining a percentage discount amount per token distribution.
  • New token management tools through the Admin Panel that allow you to manage distribution of your tokens.

Beta-testing should begin this week. Testers will receive a message with instructions when it is time to get started.  

Exchange Listing Update

At press time, Beaxy Exchange has again affirmed that Expanse (EXP) will be announced as a round-three listing.  EXP will be available for trading when the exchange first launches.

The Equicex Exchange announced that they listed EXP on Twitter last week. We do not have confidence in them as of yet and cannot yet recommend them to our community. We will let you know if anything changes, and we welcome any feedback you may have on your experience with them.

Bitstickers added Expanse as a payment method recently. This basically means you can buy or pay for any product or service in their system with Expanse. Bitstickers is a  group of bitcoin enthusiasts trying to promote the utility of bitcoin to the world. Read more here: https://bitstickers.net/expanse-accepted-here/