Divi Live at Five: May recap

What a month! Announcements, milestones, partnerships! Let’s get into it. As always, if you’re new here, welcome - we’re glad you stopped by!

Kyle Turnbull

June 03, 2021 · 5 min read

Divi Project Live at Five

Divi Project Live at Five

Watch: Live at Five Recap:

Want to watch the key events. We’ve got you covered 👇

As 2021 rolls on at a rapid pace, we're humbled by the support and positive energy the community has been sending us in recent months. We couldn't do what we do without you, so thank you! Special thanks to those of you who tune in with us every month, and make our Live at Five streams so much fun!

Divi is listing on Kucoin!

Divi is listing on Kucoin!

Announcement: KuCoin

This is a big deal for us. As a project that started with 2 million in funding, we’ve worked tirelessly to get to this point. Exchange listings are a long and oftentimes expensive process, and as an organization, we have spent years creating a business strategy that would get us here.

Why KuCoin

Kucoin is a top exchange, boasting an impressive range of features that the Divi community can now access. These include:

  • Spot trading: quickly and easily buy Divi at the current market rate.
  • Leverage/margin trading: users can open a trading position using a small amount of capital to take a much larger position in the market.
  • Buy crypto with fiat: Use a debit or credit card to top up your account quickly.
  • Futures: A futures contract is when a trader agrees to buy or sell a particular asset at a predetermined price, at a specific time in the future, betting against or for its performance.
  • Crypto lending: Kucoin is home to a comprehensive crypto lending program, where users can lend their cryptocurrencies and earn competitive returns.

Read the full blog here 👉 https://diviproject.org/blog/kucoin-announcement

The Divi Project listing competition will incentivize trading on Kucoin, helping price discovery and initial liquidity! We will be conducting trading promotions to assist this.

Read about the promotions here 👉 https://diviproject.org/blog/kucoin-trading-live

Divi partners with Hummingbot

Divi partners with Hummingbot

Announcement: Hummingbot

To boost the trading liquidity of Divi, we’re teaming up with a market-making powerhouse, Hummingbot! Liquidity has been a focus of the team for a few months, and we’re happy to partner up with the best! Hummingbot is connected to 20+ exchanges, including Coinbase, Binance, KuCoin, and Huobi.

Read the full announcement blog here 👉 https://diviproject.org/blog/hummingbot-announcement

Why are we using community-driven liquidity provision?

  • We need liquidity: Liquidity is the speed at which an asset can be traded, without creating drastic changes in the price of that asset. Cryptocurrencies are volatile assets, and having liquidity can help create a healthier and more stable ecosystem.
  • We want exposure to traders: By choosing Hummingbot, we instantly become more accessible to their community of over 12,000 traders, who will all be incentivized to participate and provide market-making to our project. The more people that know about our project, the better!

Why Hummingbot?

Hummingbot has a reputation as one of the premier community-driven market-making services in the crypto-space, and they’ve worked with some of the biggest projects around. Hummingbot has a strong commitment to the community, which resonates with us. They also provide decentralized and open-source strategies for users. This contribution is incredibly important and opens a world of trading and market-making opportunities to users.

Divi Wallet news!

We are absolutely humbled by our soft launch. From the 7th May to the 24th we saw:

  • Total downloads of the mobile wallet have now reached 2,838. Considering we have only soft-launched, this is an incredibly promising number!
  • Staking Vaults internal testing continues. We're excited by what we see, but we must ensure they are perfect before release.
  • We are undertaking the massive process of becoming compliant from a privacy perspective. Every country or region has a different set of rules, which makes it very complicated. It's imperative we do it right. We will let you know when we have a better idea of the timeline, as this affects global rollout plans! Thanks for sticking with us.

Marketing corner!

  • Kucoin announcement in Coin Telegraph today, to a massive readership!
  • Since April we have pitched and been featured in 17 publications. Expect this number to grow.
  • Paid media is yet to start, but once we’re ready for a global launch, these channels will open!
  • 3.1 Million Gif views on our Giphy channel, which is great exposure! If you haven’t checked it out visit https://giphy.com/divi_project

The team continues to grow!

  • Chris Airola is joining the Product Management team part-time as Sr. Director of Product Management. Chris brings more than twenty years of experience creating and managing products for mobile payment, web, machine learning, and SaaS enterprise & consumer companies. Chris will work closely with our COO and the Dev, Marketing, ES, and Sales teams to bring our mobile payment applications to market, on time, and to the delight of our retail and business customers. Chris lives in Vancouver, BC, Canada, enjoys snowboarding & mountain biking, loves crypto and Divi, and is excited about joining our team.
  • Jamie Collymore is starting with Divi as a part-time Accounting & Reporting Manager and will be working to support our accounting system, developing ad hoc reporting, and interfacing with the various teams within the project.
  • Rharamys de Tarso Pires Bordini will work as a Full Stack Engineer. With experience in crypto, Rharamys is a great asset for the team. With 7 years of experience at Itaú Unibanco (the 2nd Largest Brazilian Company), we’re excited to see what Rharamys brings to the team!
  • Gustavo Emerich joins us with 12 Years of experience in Software Development. Gustavo has worked on many projects, from software for multinational banks to educational mobile apps, to projects for the Brazilian government.

Other bits and pieces!

  • Bitcoin conference this month!: A few members of the US-based team are visiting Miami for the Bitcoin Conference, and then traveling on to Puerto Rico where the team will be meeting in person! Expect updates from this global event!
  • Contest winners: May contest winners were announced on Twitter. Congratulations to those who won, and thanks to everyone who participated! You’re making our Giphy incredible - a true community effort. If you missed the winners, here’s the Live at Five Twitter thread.
  • A new community contest will be announced on our social media accounts shortly, so stay tuned.

Thanks for tuning in again folks. We’re seeing lots of new members in the community which is fabulous, and a result of our diligent work towards our 'crypto made easy' mission.

See you all again at the end of the month! 👋

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Kyle Turnbull

June 03, 2021 · 5 min read

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