Balanced update: roadmap and increased scope

It’s been an exciting few weeks for the Balanced team with a lot of interest and support from the community. A huge thanks to RHIZOME, who’ve gone out of their way to cover Balanced extensively since the announcement. If you haven’t seen their write-ups, you can find them here:

Roadmap

We’ve just published the high-level roadmap for Balanced, which we expect to launch on the Mainnet by Q1 2021.

Q2: tech specs, design prototype. Q3: sICX PoC on Testnet, PoC for Balance Tokens & ICD. Q4: smart contract audit. Q1: Launch
Q2: tech specs, design prototype. Q3: sICX PoC on Testnet, PoC for Balance Tokens & ICD. Q4: smart contract audit. Q1: Launch

Increased scope

Balanced will initially create a USD-pegged stablecoin known as the ICON Dollar. Rather than limit our focus to fiat currencies, we’ve increased the scope to allow for tokens pegged to a range of liquid assets, including gold, stocks, property, and so on. We’ve made some minor tweaks to the website and white paper to reflect this.

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Balanced is a DAO on the ICON Network that creates tokens pegged to real-world assets.

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