Essentia June Monthly Update
Tags: Tech, Blockchain, Essentia, Ethereum, Bitcoin

Things are heating up at the Essentia offices worldwide with so many new developments and announcements which are keeping us on our toes! Last month, for example, we added a new function to the multi-chain passwordless dAppstore which will help bring dApp developers and the best resources in existence to a vast amount of new users.

The implementation of our voting mechanism will allow the community to decide which dApps ought to be integrated into the Essentia protocol. Any single dApp can be added to the list and each participant can vote for one project a month.

We are incredibly excited to make yet another step towards global blockchain adoption. So to update you on all that has gone on in the last month, here is a summary of some of our most noteworthy achievements.

Development

dApps

Following the market’s tendencies, we have decided to replace EtherDelta with ForkDelta. The application offers a greater variety of currencies and tokens to exchange and has a higher credibility among the holders.

We also integrated another decentralized exchange called IDEX, which is considered to be fast, efficient without compromising security.

Wiki

We’ve been working hard on the creation of the Essentia Wiki page this month. It will contain a detailed overview of the project including information regarding our features, use-cases, development process and a whole lot more. Needless to say, we will keep updating the page as time goes on. Now though, the first version of Essentia Wiki is already available here.

dAppstore

As stated previously, at the end of each month, the two most popular services will be added to the Essentia ecosystem. Not only that — it will give our community an opportunity to contribute their own dApps and scripts for Essentia users. For more details, you can check our dedicated post here.

Other developments

We’ve also added a landing page to our Demo, which allows us to create a new account or to sign in to an existing one using different methods quickly and easily.

As you may recall, previously we announced that Essentia can now be safely accessed by such HW wallets as Trezor and Ledger. We have prepared a little video guide for you, where we explained every step of the sign in process, which you can watch here.

Community

Team

This month we were honored to welcome another world-class professional to our advisory board.

Ran Neu-Ner ranks among the most influential people in the crypto world, and he is now committed to our vision and the success of Essentia. Find more information about our cooperation in our dedicated article here.

After another successful pitch from our co-founder Mirco Mongiardino, the Essentia team locked in another invaluable asset to the advisory board, this time with Kenetic Capital — “a blockchain firm committed to expanding the development and adoption of blockchain platforms through investments, advisory services, community, and technology”.

(Essentia Co-founder Mirco Mongiardino with Kenetic Capital at Consensus 2018)

Events

The first event we attended was Consensus 2018, one of the biggest conferences in the crypto world. We had countless discussions with some of the most influential people, the results of which were new partnerships and further growth opportunities! Check out our little photo report from the event here.

You might have also seen us at t the ‘Block Show’ (link needed) in Berlin. This is where we had a fruitful discussion with our new partnered project! We will come back to that shortly.

Partnerships

Doing our best to expand the borders of our ecosystem, we continue to establish partnerships with valuable projects.

We are looking forward to cooperating with UUNIO, the decentralized Content Reward Platform where users are given the liberty to engage on social media and even receive rewards for their activity.

We are committed to making the framework accessible and effective for both end-users and enterprises. That is why we partnered with GANA — the blockchain company for the cannabis industry. Essentia will lend a helping hand to GANA to protect user data, as well as to establish and ensure GDPR compliance. For more information about the partnership check out the full post.

General Update

After careful consideration, we have decided to postpone the Essentia TGE (Token Generation Event). We want to set a benchmark on how ICOs in terms of transparency and compliance with new updates to the FINMA regulations. This move will ensure the stability and viability of Essentia in the long term. For more information, you can see our dedicated post here.

What is next?

As always, our calendar is overbooked for the next month as we have a lot of plans! Let’s take a look at some of them.

We are planning to update our Members Area by adding the new TGE information, charts, user’s referral data, and some other useful functions.

We are also working on adding another hardware device — Digital Bitbox — as a means of accessing Essentia. By adding another more users will able to access Essentia using this secure way.

We want to thank the Essentia community for the constant support and contribution towards the decentralized revolution. If you have any questions or comments, please don’t hesitate to send us a message in the comment section below, or contact us directly on any of our social media channels!

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