Christmas Eve Status update:

Before we go into business topics,
I wish everyone in our Community a merry Christmas and also nice holidays.

We thank you very much for joining our community in the last 2 months and also we appreciate your support in almost all areas.

Without your help we wouldn't be here. Special thanks goes to:

@johndis
@stanec
@LibertValance
@smasherx
@oliveskin
@chuckhigreen
@gerrymc
@shuxy
@shews

So this being said :

What's next?

*ALQO UNIVERSAL UG (haftungsbeschränkt)*

Yesterday we signed the contract for our new company so called "ALQO UNIVERSAL UG (haftungsbeschränkt)",
which is similar to the
more known "Ltd". An "UG (haftungsbeschränkt)" is the smaller version of a GmbH which we will turn
into once we got higher income with our services.
This company will support all services that are based on ALQO for now and
will also be the basic solution for merchants to use ALQO as payment-solution in general.

However, the Price of ALQO does not change the income and/or value of this company.
Also this company does not own ALQO in general.

All ALQO owned by the Developer team are private funds.

*Exchanges*

We are currently in contact with several major exchanges, those in the top25, and are still trying to figure out
which one fits the best for our needs. We do not think that it would help us in any kind to get onto another rank
100 or below exchange at this time. Therefore we need a big exchange not only to use their API for services as Payinx
but also get ALQO more distributed.
Once we have more details or updates, you will be informed.

*Payinx*

As you might already know by now, Payinx will be our gateway for payments and merchants.
With Payinx you will be able to spend ALQO and other currencies on
services not only hosted/contributed by ALQO Universal.
For now we are aiming for a release which only contains ALQO and BTC for something like a alpha version.
 
You might be able to see Payinx working within the next 1-2 weeks on our official Hosting Service.

*Hosting.alqo.org*

We've for sure heard you all saying that paying in BTC is just not valuable anymore.
 From now on, even without Payinx implemented,
we will accept ALQO as a payment method.
 Also we are sorry for some delays that might occur here and then within the holidays.
Moritz Heimberg is working really hard to make everything as fast as possible.
 Also Moritz is always very thankful for a small tip,
however tips won't change distribution-times!

*Palacio*

At our current stage Palacio will take more time. Also Palacio was just a WIP-Title. From now on Palacio will be called Bitfineon, as this will be it's real name. However, Bitfineon (Palacio) needs a few licenses and we are currently working on them.
We will keep you updated as soon as we have news on this. Bitfineon is aimed to be released in June 2018.
A more detailed announcements including more details will be published February/March 2018.

*Liberio*

As you know Liberio will be our new main-wallet. It will be supported on iOS, Android and PC.
We will integrate some nice features
and also put a big update into security. From things like 2-Factor-Auth
and a better backup system.
We are aiming for a first release early 2018.

*ALQO.org*

As some of you already mentioned our current website does not mirror the qualities and goals ALQO is aiming
for and therefore there will be
 a redesign and rework of the complete website. The website will also feature
a team area with more detailed information about
 the team but also a news area where we will publish updates frequently.

*PoS*

As you know at some point we will switch into PoS. As mentioned in our whitepaper, ALQO will support cold staking,
so there is no need to have a wallet online and running 24/7.

We came to this conclusion to guarantee even more security and less power consumption.

*Coinfolium*

Coinfolium got pretty big meanwhile, this is of course due to the support of ALQO.
With this in mind we decided to update
Coinfolium not only visually but also technically.
The update will go live between December 2017 and January 2018. Also we partnered up
with TradingView to add
even more visual statistics and features. Coinfolium in its new design will not only show more about the partnership
between ALQO and Coinfolium
 but also grant users that do not know about ALQO an easier entrace.

*MasternodeAPP*

For the moment we've decided to halt the development/adding coins to the masternode app due to internal changes.

Once Coinfolium will be released the Masternode App will be connected to our selfhosted servers to guarantee live stats
and accurate information.
The redesigned (maybe even rebranded) App will be released at the end of February 2018 for iOS and Android.