Some of you noticed that the TRY rewards have not been distributed yet, and it was due on the 1st of July. We would like to explain what is going on and what our proposed solutions are.
We are excited to announce that we launched a Demo of the Traderly platform on the 1st of May. It was never in our initial plan to release any pre-release version or an incomplete platform. However, we did receive some comments that it would be necessary.
On Saturday, the 31st of March, Traderly made its first reward payout and it was a great success. Everything ran smoothly, and all the rewards were distributed without a single hiccup.
We have finally decided on the first reward schedule for TRY token holders. It was quite a vigorous process calculating the best “vesting” period to provide the highest pay-out whilst keeping TRY holders engaged. We used projected and current earnings as well as current and projected network fees in the equations.
On Saturday, we had our first “Meet Traderly” event at our offices in Cape Town. This event was the first of many to come as we continue developing the Traderly platform and company.