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🗳️Project planning

Phase One: Preparation Phase

Goal: Establish a solid foundation to ensure project feasibility and compliance.

  1. Team formation and partnership:

    • Recruit team members with blockchain and DeFi experience.

    • Find strategic partners, including technology partners and financial regulatory partners.

  2. Compliance and Regulatory Compliance:

    • Comply with the financial regulatory regulations in the region and obtain US MSB supervision.

    • Establish cooperative relationships with regulatory agencies to ensure projects operate within a compliance framework.

  3. Product design and prototype development:

    • Develop a preliminary DeFi protocol prototype for testing and feedback collection.

    • Develop and design user-friendly platform interface.

Phase 2: Testing and Optimization

Goal: Test the project on a small scale, resolve issues and make necessary improvements.

  1. Small-scale test network:

    • Deploy a small-scale test network and invite community members and developers to participate in testing and feedback.

    • Identify and resolve vulnerabilities and issues in the system.

  2. User experience optimization:

    • Continuously improve the user experience and performance of the platform based on feedback.

    • Ensure the platform is easy to use and understand.

Phase 3: Mainnet Release and Ecological Construction

Goal: Officially launch the Synthetic Realities mainnet and establish an ecosystem.

  1. Mainnet release:

    • Officially released the Synthetic Realities mainnet and began to provide digital trading services for physical assets.

    • Attract first users and investors.

  2. Ecosystem construction:

    • Attract more developers and partners and build an ecosystem based on Synthetic Realities.

    • Promote the digitization of more physical assets and increase the diversity of the platform.

Phase 4: Marketing and Adoption

Goal: Increase visibility and attract more users and investors.

  1. Marketing:

    • Conduct marketing activities, including social media, content creation, participation in industry events, etc.

    • Attract a wider user base.

  2. Partnerships and Integration:

    • Find the right partners to increase project visibility and adoption.

    • Explore integrations with other DeFi projects and cryptocurrency exchanges.

Phase 5: Continuous Development and Improvement

Goal: Continuously improve the platform to ensure long-term sustainability and success.

  1. Community governance and decision-making:

    • Implement a community governance model that allows community members to participate in decision-making.

    • Promote the decentralized development of the project.

  2. Security and Compliance:

    • Continuously monitor and improve the security of the platform to ensure the safety of user assets.

    • Comply with new regulations to respond to industry changes.

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