Andromeda Update // March 14, 2022
The short version of our update is that weāve been heads down building, building, building.
Your grant and our Pre-Seed investments have enabled swift platform and product development and infrastructure creation.
As you know, we are not a typical blockchain project, but a long tail, infrastructure project. Traditional social media hype is not appropriate for Andromeda ā yet ā as anytime we come up from building to communicate, the demand for āEasier, Better Fasterā is overwhelming.
Product Highlights
Our developer heavy team has grown to 19 and we have developed partnerships and alliances to give us the possibility for scale and depth. We are literally interviewing full stack engineers and GraphQL database capabilities as I write.
Andromeda is finishing work on the platform and has created 15 unique ADOs, with dozens in development that will support the integration of our 2022 use case projects that demonstrate the beginning of what you all saw in our āVisionā and āValue Propositionā investor deck.
Besides the Cosmos Ecosystem integration efforts (Terra, Secret, Solana, Cosmos) in our Go-To-Market strategy, we have selected five other projects for our pipeline that solve multiple different industry problems ranging from supply chain, long tail asset backed passive income real estate, social tokens with elite influencers, micro-learning, and a large multiple asset group that wishes to build a MLP (Master Limited Partnership) on Andromeda.
Although we are integrating several projects with our ADOs, we are 15 days from delivering a project ātechnology demonstratorā where our frontend and backend are coming together to connect supply chains to DeFi instruments such as Anchor, Mirror, Astroport, Wormhole (cross chain) and others. This project will demonstrate a wine and spirits global supply capability that we believe will have enabling capabilities for multiple industry supply chain possibilities. We are also working with a global industry consortium to tokenize WTO agricultural quotas.
Andromeda Ecosystem
ARC (https://arctai.com/) is our branding/marketing firm and brings a tremendous capability boost from their parent group RCG Ventures.
We have a great tokenomics team that has a stress test capability and is part of the UK smart contract standards group.
Andromeda has been asked to represent Terra on the Cosmos NFT standard, digital object standardās group, and weāve been asked to help build the standard for the Cosmos Ecosystem for the Metaverse.
We are developing an R&D facility, an incubator, and a services group to help traditional industries transform.
Our project pipeline is increasing rapidly by word of mouth and our next investment round will begin as soon as the last investors complete their investment.
Andromeda continues to carefully scan the blockchain and crypto space for competitors and we see no one with a similar capability, and, the leading thinkers in this space do not seem to be contemplating the capability we are about to deploy.
Thanks again for your confidence,
Andromeda