Breaking Down the launch of the AngelBlock protocol v1.0

History doesn’t repeat, but it sure does rhyme. It was exactly 14 years ago when Satoshi Nakamoto published the Bitcoin white paper. We would not be here, doing what we’re doing, if not for that momentous event. We don’t believe that what we’re doing here is as epochal as the creation of Bitcoin, but we do believe that we are adequately equipped to solve the current wave of issues and problems facing the current crypto market.

v1.0 Deployed

We just successfully launched version 1.0 of the AngelBlock protocol and platform. There was even a top-down redesign of the entire site that you may have noticed. As we’ve reached this significant milestone, I’d like to break down what this means exactly and how it will influence us and our community going forward.

• We have successfully passed all security audits
• The core protocol involving fundraising and post-raise governance is fully completed and implemented
• We finished development on many resource-intensive tasks and milestones
• Our engineers are now working on staking, the validator mechanism, and additional key tasks
• Onboarding vetted, groundbreaking crypto projects on the AngelBlock platform.
• Our “Ethereum-first” has been successfully implemented, and we may start planning additional chain integrations, including the Aleph Zero blockchain.

So what’s next?

Next, we’re turning our attention to serving our entire community in the best fashion possible for the $THOL community phase. Everything has been completed and what remains is to deploy the community phase contracts on mainnet. We will be hosting the community phase the week of the 14th of November. All information will be given out via email, if you have not done so yet, please take the time to sign up to the AngelBlock newsletter on AngelBlock.io — the $THOL Token Generation Event will shortly follow. It is currently planned for the beginning of December.

Towards the end of the calendar year we will be switching our focus to begin work on various governance implementations, including but not limited to xTHOL — the governance subsect of the $THOL token. We will also soon have more announcements regarding AngelBlock DAO and its use cases. For now, we can announce that in order to gain access to the DAO, holding AngelBlock NFT is necessary.

I’d like to take the time to thank you all again. What started as my dream to improve the wider crypto space from a position I’ve always been passionate about, has turned into a beautiful and meaningful journey. AngelBlock is currently over 20 talented and amazing people, working day and night in order to make fundraising more decentralized, transparent, and fair.

Happy launch day!

Thank you for all your support the last year and we promise to keep delivering. Taking on the incumbent, legacy fundraising systems is no easy task, but we’re prepared to do what it takes and we’re here for the long term.

— Alex Strzesniewski, Founder of AngelBlock