Weekly update on development process (Mar 21, 2022)

Weekly progress

  • ⚒ Deployed Coliquidity smart contract on Ethereum Mainnet (explorer link).
  • 🤝 Got 2 agreements to promote the initial instructions (Wikifacts content).
  • 🤝 Received feedback on instructions, restructured them accordingly.

Lessons learnt

  1. When people ask questions about crypto, they tend to omit context. However, the context is required to give a correct answer. For example: when people ask “how to buy bitcoin”, they don’t specify whether they are a US citizen, but it is required to know that to give a correct answer (US citizens should use Binance US, FTX US and other US-friendly exchanges). Therefore, the Wikifacts pages should include a form for specifying the context.
  2. Some questions can be answered in many ways. For example, “how to buy bitcoin with USD in US” can be answered with a list of service providers, where some providers require the user to KYC, others don’t — but the latter charge higher fees! Therefore, the Wikifacts pages should include a form for specifying user preferences (e.g. “No KYC”).

Next week’s focus

  1. ⚒ Release the alpha version of WikiFacts.

About Coliquidity

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With Coliquidity, you can provide liquidity using only 1 token. We match two providers to create a joint position. Less risk, more reward for each LP 😉

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Coliquidity

Coliquidity

With Coliquidity, you can provide liquidity using only 1 token. We match two providers to create a joint position. Less risk, more reward for each LP 😉

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