Spectre.ai marches on in Q3' 2019
Spectre.ai, the Digital Contracts trading company, is pleased to announce that it has delivered another satisfactory quarter of user growth in Q3 of its second year (October to December 2019).
Y2 Q3 Results Figures:
- Active users on Spectre.ai by the end of this quarter was 2,704, with the number of registrations now exceeding 30,000 (4,477 actual number of registrations within this individual quarter).
- Volume traded during this quarter — $2,102,514, up over 40% on previous quarter and the highest quarter yet driven by growth in Africa and Japan.
- Volume traded since launch — $11,200,455.
- Once again, close to 200 traders used the SXUT token to upgrade their trading privileges.
- Winnings paid out during this quarter — $857,810.
Highlights:
· Daily volumes have been increasing during this quarter, peaking at the end of this period on December 27th 2019, with over $147K trading volume in that 24-hour period alone. This was driven by South African traders.
· Since the introduction of EPIC (Epochal Price Index Composite), 24/7 trading (including weekends) became a reality, and the last Saturday in this quarter saw trading volumes exceed $40K, something not previously possible at weekends.
· The increase in volumes has, by default, boosted the rewards paid out to SXDT token holders. In this quarter $136,602 was paid out.
· The staged implementation of payment providers for full-fiat deposits and withdrawals in various geographical regions went ahead as planned. This has included Fasapay, Skrill, Neteller, AdvCash, UnionPay, Help2Pay and others, with more being added in the coming weeks.
· User growth continues, primarily from African countries and Japan with expansion plans in Thailand and Malaysia.
The firm’s treasury operations have purchased around 461,000 SXUT tokens (c. 1.8% of circulating supply) over 2018/2019 and c. 30% of these will be burned by the end of January 2020, in-line with mandate.
Coming Soon in Q4 2019/Q1 2020
- API version 1.0 (commercial) for Spectre and Betverse.
- Traders Bay — a one of a kind upgrade portal for traders on Spectre.ai with features not seen at other brokers.
- Spectre Exchange private launch — our own fully regulated exchange to make the process of buying and selling both SXDT and SXUT easier, quicker and safer. Spectre Exchange is already regulated in Estonia (European Union) and will offer high-security trading to KYC’d traders only.
- Betverse features such as War, Arena and more.
- Betverse new game on-boarding.
- Mobile apps for both Spectre and Betverse.
- Hatchworks AGM
Spectre.ai business development director Khalik Pratama stated “We continue to make technological and user-acquisition strides in key countries of interest such as South Africa and Japan. Considerable product features are planned for Spectre in the coming 6 months, especially market specific ones such as Traders Bay, Chain Trades and more.” He went on to say “Fraud prevention and risk management is Spectre’s ethos and I’m pleased to say the number of fraud incidents remain at zero since launch.”
Karen Yap, who is the global head of business development for Hatchworks’ gaming wing, Betverse, stated “Betverse’s open beta has already generated over $30k in volumes with just a tight-knit group of avid gamers/open beta testers. The re-login ratios and repeat plays indicate a product which gamers tend to find addictive, at this early stage.”
The group will be holding a strategic webinar in the month of January 2020.
Team Hatchworks
Regulatory Notice: Spectre.ai is strictly closed to U.S citizens. Trading and investing involves high risk and you can lose all your money. The ownership of SXDT or SXUT tokens by U.S citizens is strictly forbidden.
