TOP Network Weekly Report: July 15 — July 21
We’re thrilled to announce TOP Network got listed on Bithumb Global and Binance DEX simultaneously on July 18, a remarkable breakthrough that has attracted more than 50 media outlets to cover. We rolled out three AMAs around the new listings in our official Telegram group, and the communities of Bithumb Global and Bitoranges that have more than 20,000 people in total. On July 23, we successfully held a meetup in Vietnam with Nebulas and KardiaChain with the theme of “The Future Path of Public Chain,” which has brought dozens of local media, projects and blockchain enthusiasts.
We released a detailed guideline to walk the token holders through converting TOP tokens from legacy Ethereum-based (ERC-20) tokens to the new Binance Chain (BEP-2) tokens, and has kicked off a seven-day trading competition partnering with Binance, giving away 2 million TOP and 200 BNB to spark more community members to experience the decentralized cryptocurrency exchange!
Breaking News
On July 18 (UTC+8), TOP Network got listed on Bithumb Global and Binance DEX on the same day, a remarkable breakthrough after TOP’s launch on Huobi Prime and Coinsuper. The new listings will not only significantly increase the liquidity of TOP, but offer more trading options for the investors and help us further expand the global market. We have released a detailed guideline to walk our token holders though converting TOP tokens from legacy Ethereum-based (ERC-20) tokens to the new Binance Chain (BEP-2) tokens, and has kicked off a seven-day trading competition partnering with Binance. Click here to join the competition and experience the fastest decentralized cryptocurrency exchange!
Technical Development
• Security attack simulation and improvements on the TOP Chain: Solved the high-risk vulnerabilities found previously and has not found new problems yet.
• Stress test and improvements on the TOP Chain: Solved half of the 10 operational stability problems discovered in the harsh environment stress testing last week.
• Internal code auditing: Completed a code review of xledger DB.
• Third-party external code auditing: Solved the potential problems found in the preliminary auditing report.
Community
• Upon the new listings on the two mainstream exchanges, TOP hosted an AMA in our official English Telegram group on July 18. Our CEO Steve answered dozens of detailed questions about the main net launch, next steps of both technical development and marketing. Click here to read the AMA recap.
• On July 19, TOP hosted an AMA with Bithumb Global and Bitoranges, which have covered over 20000 people in total. We will roll out more online events partnering with other platforms in the upcoming months. Feel free to let us know your ideas!
Media Coverage
Over 50 media outlets covered the breaking news of TOP’s new listings and 46 media outlets posted the news on their social media channels, gaining a viewership of over 30,000 people.
Event
TOP co-hosted a local meetup in Ho Chi Minh City, Vietnam, with Nebulas and KardiaChain for a public chain gathering on July 23. The public chain-themed event, having attracted more than 12 local media outlets and a large number of blockchain projects and enthusiasts, marks the first offline event TOP initially hosts in Vietnam. Stay in touch with us and learn more events lined up across the globe!
You can find TOP Network on:
Email Contact: [email protected]
Official Website: http://www.topnetwork.org
Telegram: https://t.me/topnetwork_top
Twitter: https://twitter.com/topnetwork_top
Medium: https://medium.com/@topnetwork
Steemit: https://steemit.com/@topnetwork-top
Reddit: https://www.reddit.com/user/topnetwork_top
About TOP Network
TOP Network is a decentralized open communication network that provides cloud communication services on the blockchain. TOP offers secure, low-cost services such as messaging, calling, video, VPN, CDN, IoT data sharing and more.
TOP Network is also a high-performance public blockchain platform designed to handle real-world business of any size or volume. Powered by innovations including three-layer network, two-layer sharding, two-layer lattice DAG and PBFT-PoS*, TOP can process several hundred thousand transactions per second on the blockchain.
The long-term mission of TOP Network is to build a public blockchain infrastructure for all Dapps. Our world-class team of over 100 developers is striving for this goal.
TOP Network originated from the common underlying network layer of Dingtone, CoverMe and SkyVPN, three communication apps built by the TOP team before the blockchain project. These apps, having attracted over 60 million users in total, will be ported to TOP Network upon the launch of TOP and generate huge volumes of transactions in the TOP ecosystem.
TOP Network was founded by serial entrepreneur Steve Wei and his colleagues in late 2017. Steve was one of the earliest employees of WebEx in the 1990s. After WebEx, he founded a successful video conferencing software company which was acquired by Huawei in 2010. In 2012, Steve co-founded Dingtone, a public listed company operating popular communication apps such as Dingtone, CoverMe and SkyVPN.
On March 26th, TOP Network made its debut as the first project launched through Huobi Prime — Huobi’s selective Direct Premium Offering platform. A total of 1.5 billion TOP Tokens were sold out in seconds, after which the price of TOP surged 2770% once it was freely tradable. Upon the listing, TOP’s trading volume hit $100 million in just eight seconds, and surpassed the trading volume of Bitcoin at $250 million in less than a week, ranking first in terms of volume on Huobi Global. Before that, TOP Network has closed $15 million early investments from prestigious institutional investors and individual billionaire investors, including DHVC, Fenbushi Capital, NEO Global Capital (NGC), Ontology Global Capital (OGC), LD Capital and more.