New changes should help RichQuack take on more of a DEX like feel with a swap and fiat onramp imminent.
RichQuack Aspires to DEX Utility
RichQuack has updated its roadmap and given a broader view of the project’s next phases. After several fallouts and a loss of personal funds, the popular meme coin project is shifting gears to embrace more decentralized exchange (DEX) like features in lieu of a metaverse expansion.
The team has promised, in the Medium blog update from November 12, to bring more details forward about the failed partnership growth and the loss of funds that led to this point. The team confirmed losses upwards of $300k, which brought a “realization that the world might be too early for the metaverse.”
“For now we need to pushback on our meta verse dreams but in return we have delivered tons of partnerships the last few months, we have been dominating socials, and we will soon add some more utilities,” the blog writes.
The realization will add new three new features that will help build RichQuack into a more robust platform with DEX features. The three features expected to come in the new roadmap:
- Quack Exchange
- Fiat on-ramp in the Quack Exchange
- Staking as a Service
The current macro-environment has been rocky, to say the least. With one of the most difficult weeks of crypto history behind us in the wake of the FTX fallout, it is natural for a project like RichQuack to pivot towards more achievable goals. Projects like Baby Doge have recently made similar pivots to much success.
What is RichQuack:
RichQuack is a community-driven project which was founded to give the best returns for the community effort of its investors. The platform’s utility includes a decentralized multi-chain launchpad, raffles, and lotteries for holders of the QUACK token.
The platform’s QUACK token is hyper-deflationary and rewards long-term holders with a portion of the transaction tax and early access to IDOs.
Where to find RichQuack:
Source : bsc.news
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