Published August 19, 2024
The Qubic Steering Committee presents its fifth bi-weekly update, sharing meaningful developments across marketing, technology, grants, community strategy, and Project X’s next phase.
Marketing & communications
- A new technical writer, @Crypt0Proselyte, has joined the core team to enhance technical content and documentation.
- Video content production has begun as part of broader digital outreach, aiming to engage and inform the community.
- Documentation efforts—both for users and developers—are advancing steadily.
- Official Qubic-branded Hashwallet cold-storage cards are now in production; a public AMA will discuss this development soon.
Hackathons & global events
- The Bishkek Hackathon is underway, with over 35 teams already applying.
- A hybrid Barcelona Hackathon is in development, with university strategic collaborations in progress.
- Qubic is making its rounds at key events across El Salvador, Mexico, Seoul (KBW), Singapore (Token 2049), and The Merge in Madrid. A planned Argentina event has been postponed; Romania is under consideration for November.
Grants & developer ecosystem
- A new, user-friendly Grants Program landing page has launched at qubic.org/grants, designed by @Oreo.
- The first grant has been awarded to the QEarn project, marking a pivotal moment in ecosystem support.
- Collaboration between core developers and grant recipients is underway to streamline smart contract development. Outreach to C++ developers in Silicon Valley is ongoing to diversify the talent pool.
Technology advances
- The Android version of Qubic Wallet (v1.1.1) has officially launched, introducing updates for enhanced usability and security.
- Two new smart contracts—General Quorum Proposal and Supply Watcher—are live, further reinforcing protocol governance and emissions tracking.
- Qubic is actively hiring core developers, with several promising candidates in consideration.
Operations & strategic planning
- The SteCo team held a strategic planning session in Zurich, solidifying three key objectives: ecosystem building, AI advancement, and financial sustainability for long-term success.
- Teams are formalizing goals, bets, and initiatives, and preparing monthly reporting dashboards to increase transparency and track progress against measurable metrics.
Community & governance
- A new “computor-proposals” channel has launched on Discord, serving as a dedicated space for discussion on upcoming funding and governance proposals.
- Eric, Ecosystem Lead for Asia, is joining SteCo as Deputy for Community Management, expanding internal leadership and community alignment.
- New Investor Relations initiatives include newsletters and virtual roundtables, supported by analytics tracking social and market metrics.
- Automation via Mee6 and other bots is under testing to optimize onboarding and moderation workflows.
Ecosystem partnerships & market liquidity
- Productive conversations are underway with top-tier market makers, who emphasize the need to boost retail engagement and liquidity beyond BTC and ETH focus.
- Partnership strategies are evolving to enable Qubic’s growth through diversified liquidity and exposure.
Status on project X
- The emission reduction schedule, including a reduction proposal and Supply Watcher mechanics, has been published and approved—execution is underway.
- The CCF financing proposal has been shared, and plans are underway to formalize it within the approved structure.
- Smart contracts supporting the protocol extension and fund automation are in progress. Community-approved governance mechanisms are being implemented.
- Supply Watcher is actively monitoring and burning emissions; further supply cuts may become unnecessary as adoption grows.
What’s ahead
Look out for the next bi-weekly SteCo update on September 2, 2024. Continue to follow along via Discord and Telegram for live updates and opportunities to engage with the team.
