Hey everyone, here is a quick status update.
So, team is actively working on the new multiverse system. The code for the managed portals is now complete, and chaotic portals will come in the coming months this year. Meanwhile, bridge is also taking shape.
The shaping "vision" about bridge is that it will not be an exchange. legally, exchanges are complicated and not only we the dev team can not have anything to do with IUM and monetary value, but in canada, exchanges have to obtain a license with the relevant financial authority if they deal with money and securities; so its not an exchange.
rather, we are modeling it more like a "farmer's market".
Everybody can "offer/request" and determine their own terms, which the other party is free to accept or ignore as they wish.
everybody presents their "display", as they see fit, and users are free to "shop around" so to speak and decide who they want to deal with.
like a farmer's market, where every seller will establish a display, talk with prospective clients and conclude their business as they wish.
we the neuralium dev team will be like the market organizers, the ones responsible to offer tables, make it pretty and ensure that there are good musicians playing good music so that the ambiance is nice and pleasant. (if you see the analogy)
other than that, we will have nothing to do with any price or anything like that. it will be for the sellers to determine how they want to conduct their own private business with the clients they decide to deal with.
on your seller's table could be some IUM, some btc, some eth, or anything else that you see fit for that matter (as long as it is legal of course)
so there you go, i hope it helps explain the vision a bit
then later we can add all sorts of financial tools for the users to analyse their crypto positions and operations.
it can grow into a very powerful crypto tool.
So the first version will support OTC trades between users, and quickly we will add token to token transfers with other cryptos out there. We will definitely start with BTC next.
In any case, we expect the first test version to be out within 2 weeks. We are actively developing, taking a bit more time than expected, at the same time we are expanding the scope quite a bit.
will post updates soon.