MONTHLY PROGRESS REPORT April 8, 2021
On March 31st the Company launched the Alpha version of its Kash decentralized financial banking platform, in partnership with Terra (https://terra.money/). The partnership is expected to help accelerate market access to investment, payments, and savings primitives sourced from the decentralized finance (DeFi) market. As Terra’s infrastructure continues to evolve with new functionality across multiple protocols, the Company will further expand its product offering to bring new applications to the mass market.
The Company’s management is working on additional strategic relationships, specifically in emerging market countries, and with companies which have existing customers in non-crypto markets like e-commerce, foreign exchange, and telecommunications, to monetize those customers by onboarding them to the Kash platform.
Management is also working on gathering feedback from the market during the Alpha testing period to enhance the product features and functionality prior to going live in Q2 2021. Due to strong customer demand for the Kash debit card, the Company is trying to accelerate its card issuance program from Q4 to Q3 2021.
The launch of the Alpha Version is part of a strategic roadmap and go-to-market strategy in which new features and products are developed and customers are on-boarded prior to launch, with the objective of going live with revenue generation.
On April 6th the Company entered into an agreement with North Equities, (https://northequities.com/), a social media marketing company that targets channels including Reddit, Twitter, Facebook, Financial Forums, Youtube, Discord, and Telegram, with the purpose of providingbetter market awareness of the Company and Kash product.
On March 31st the Company entered into an agreement with Stock Marketing Inc. https://stockmarketing.ca/ providing online marketing and branding for public companies.
Neither one of these contracts are with Related Personsof the Issuer.
Both marketing campaigns are expected to launch in mid-April 2021.