VESTN has had a momentous first quarter in 2024, marking significant milestones and expansions that set a promising trajectory for the year ahead. This comprehensive roundup details the key activities and achievements from January through March.
Regulatory Compliance and Global Expansion
VESTN’s commitment to regulatory compliance and global expansion was evident as we engaged in productive discussions with compliance officers in several jurisdictions, including Dubai, Thailand, Poland, Isle of Man, British Virgin Islands, Estonia, Luxembourg, and Germany. These dialogues are crucial for VESTN’s strategy to ensure seamless operation across different regulatory landscapes.
Technological and Community Growth
The technological backbone of VESTN saw substantial progress with the finalization of V1 Testnet, whitepaper, and tokenomics. This foundational work is pivotal for our roadmap and future developments.
Community engagement and growth have been phenomenal, with VESTN’s membership soaring from 32 members to an impressive 3,700 by the 3rd of April, 2024. This growth is a testament to the increasing interest and belief in VESTN’s vision and offerings.
VESTN Analytics and Exchange Relations
Analytics showcased a landmark achievement, with X crossing the 10,000 mark, indicating strong performance and engagement within the platform. We also initiated discussions with major exchanges and Tier 1 market makers, laying the groundwork for greater liquidity and accessibility of VESTN’s offerings.
Infrastructure and Educational Initiatives
The expansion of VESTN’s infrastructure, including the development of data rooms and business models, has been complemented by the recruitment of a dedicated architect. VESTN is also on the verge of minting its syndicate and has compiled a comprehensive testnet farming plan.
In efforts to enhance community knowledge and engagement, VESTN has been diligently working on the VESTN Learn platform and launched the eagerly anticipated VESTN newsletter.
Team Expansion and Strategic Partnerships
Our internal team has grown to 11 dedicated members, focusing on driving VESTN’s mission forward. Strategic partnerships have been forged, broadening our ecosystem and collaborative potential.
Diversification and High-Profile Discussions
Looking beyond, VESTN is exploring opportunities in other sectors such as energy, carbon credits, and BTC mining. Engagements with Key Opinion Leaders (KOLs), and interactions with UHNWs and hotel owners underscore VESTN’s approach to growth and impact.
Conclusion
Q1 2024 has been a period of progress and strategic positioning for VESTN. With a solid foundation laid and a clear vision for the future, VESTN is poised for exciting developments in the coming quarters. Stay tuned for more updates as we continue to drive innovation and growth in the Web3 blockchain space.