Radix Report — from RDX Works — 24 November 2022 | The Radix Blog | Radix DLT
November 24, 2022
Overview (Piers Ridyard, CEO)
It has been a month since the last Radix report and the crypto industry has changed in that month in some monumental ways. The blow-up of FTX is going to have reverberations for years to come.
The most important thing that has been highlighted, yet again, is the importance of self-custody; the importance of transparency of the financial applications that we rely on; and the importance of the core mission of crypto.
Focusing Radix on Decentralised Finance was not an obvious path when we chose it; but it was the one that felt most true to the ideals of creating systems for storing, transferring and investing value that could be more resilient and more accessible than any other financial system in the history of humanity.
We saw that smart contracts on their own were a great idea, but it wasn’t until those smart contracts could be designed to actually reduce risk, rather than just move it from institutional to “bug” or “exploit” risk that the world could actually start to rely on DeFi.
The work on Cerberus, the work on the Radix Engine, the work on Scrypto — it all comes under the wider mission of making a system that the world could actually build a future financial infrastructure on — one that minimizes the requirement for trust and maximizes control and transparency for the end user.
As we come closer to Babylon that vision gets closer and closer. The next step on that journey will be RadFi on the 8th of December — make sure you sign up and mark it on your diary as it’s going to be epic!
Strategy & Marketing (Adam Simmons, CSO & Jeremy Epstein, CMO)
From the marketing side, we’re all hands on deck driving awareness for RadFi 2022.
Not only are we maximizing outreach through email, social media, and paid media, but we’ve struck a number of relationships with key thought leaders in the space, most notably, Ivan on Tech, who will be commenting live on RadFi on December 8th to help spread the word. We’ll also be doing a Twitter Space with him on December 15th to talk about industry reaction to RadFi.
We’ve also leveraged a content distribution relationship with Benzinga to further tell our story in a variety of ways including establishing a position as a thought leader, as well as demonstrated momentum on the PR front, where we’ve had articles and mentions in a number of publications including Venture Beat, IB Times, Crypto Daily, Hack Read, Coinpedia, Crypto Wisser, Finance Feeds, Tech Startups, CryptoNewz, and Investing Cube, among others. While not all of these are household names per se, they do a lot for our reach, awareness, and SEO. Meanwhile, we continue to refine our narrative for better Tier 1 placement.
Finally, the team got together for an in-person planning session a few weeks ago, where we put together a framework for driving additional awareness and $XRD demand on the road to Babylon.
Development (Russell Harvey, CTO & Matthew Hine, CPO)
To the surprise of no one, Betanet preparations have the tech team in a frenzy of coding and coordination. We’re on track for a pre-Christmas release which will give developers their first crack at the full stack, including a dev-focused preview version of the Wallet, enabling more complex end-to-end applications with a web component and user workflow aligned to what will be available at Babylon release.
Oft-demanded Scrypto capabilities such as recallable tokens and royalties will be present, and we’ll also be rolling back the curtain on some more details around things like the mechanics of the Babylon account model and what the migration process from Olympia will look like.
In non-Betanet news, our esteemed Developer Ecosystem team has launched a beta version of a Scrypto 101 course to smooth the onboarding process for new developers, and it’s already been receiving some very positive feedback. Please drop a message to Clement in our Discord server if you would like to be added as a participant; we’d love to hear what you think of it so far.
Update from the Radix Community Council*
- Radix Community Council is gearing up for the Blockchain Expo London event between 1–2 December and we will be at booth 68. There will be a number of project owners at the Radix Community booth and anyone who is willing to join is more than welcome! Blockchain Expo London expects 6,000 attendees to congregate for the event including CTOs, Heads of Innovation and Technology, IT Directors, Developers, Start-Ups, OEMs, Government, Automotive, Operators, Technology Providers, Investors, VCs and many more. https://blockchain-expo.com/global/
- Radix Ecosystem Quiz Vol: 4 was very fortunate to get donations from generous project owners such as SingularityX, Mystic Tigers Brotherhood as well as Scrypto Heroes! We hope you had fun while learning more about the Radix Ecosystem and as always thanks for the 4.8/5 star rating! Here is the list of winners: https://getradix.com/updates/news/2022-11-23-community-updates
- We are happy to announce the collaboration between RadixTalk and RadixCharts! As you may know RadixTalk is the first community-run forum and RadixCharts provides regular statistics, charts and rankings of Radix-related projects. You may read the weekly report about which projects gained the most followers/users and which projects might be the most promising to follow or DYOR. Here is the latest report, check it out: https://radixtalk.com/t/radixcharts-summary-week-46-2022/1745
- We’ve done an interview with Nelly from RadixCharts where she talks about how Radixcharts started, how in 6 weeks with limited experience they built a functional product, and what the future has in store for them. Check it out at https://getradix.com/updates/communityspotlight/radixcharts-interview