Standalone Staking Wallet (Beta)
As you are all aware, the Alpha phase for the Staking Wallet is complete and we’ve been preparing to transition to beta over the past couple of weeks. The Beta Staking Wallet will be available for download in just a few more days.
The Staking Wallet is now ‘standalone’ as we wanted to allow users who do not want to trade, to manage their crypto assets and stake HAT tokens. The exchange app will be separate and will not include the wallet functions. Features will be added to the Staking Wallet progressively until official launch.
Considering the recent confusion regarding the project and team, we have been working hard to make some changes that will put the project on the path to success. Several milestones have been set over the course of the next 6 months (Q2/Q3) that we’d like to share with you.
- Mobile Beta (Staking Wallet)
- Desktop Beta (Staking Wallet)
- Hawala Exchange (Alpha TestNet) | Web version | only ERC20 tokens
- P2P Exchange (Alpha TestNet) (Mobile Only)
- CashCards Distribution Infrastructure
- Hawala Exchange / P2P Exchange (Beta MainNet Ready) (BTC, LTC and more pairings)
- Recommencement of the Free Distribution Pool (FDP)
- HAT API services (Exchange, Payments, CashCards, Wallet)
- Asset Management Services Platform (Whitepaper)
Staking Wallet Beta (Standalone) (Expected Delivery End of Q1)
The application will include wallet management, staking and transfers. Fixes and patches will continue to be implemented as features are incorporated.
Keeping in mind that most of our users will be new to cryptocurrency, improvements to the flow and user experience have been made, making the app more intuitive.
The beta phase means that the product will also be globally-compliant. As such, users will be required to submit to KYC processing to use the app functions.
Hawala/P2P Exchange (Alpha TestNet) (Expected Delivery Mid Q2)
The Hawala Exchange and P2P Exchange (Discover mode) have entered the Alpha phase. Testing will begin soon (to be announced), and community members will have the option to volunteer as testers (check the end of the document for a link to the form).
The Alpha phase will cover all development of the entire exchange module with all intended features, after which the Exchange Beta phase will commence. Progress updates and changes will be regularly announced on our website.
Hawala/P2P Exchange Beta (MainNet)
The beta phase of the Exchange will be primarily a final testing period where the focus will be on testing app performance in various countries. Minor bugs and glitches will be dealt with and the app will go through several checks and optimizations throughout the beta phase.
As with all Beta phases, this one will also be fully compliant with regulatory standards globally. User will be required to submit to KYC processing to use the Exchange features.
CashCards Distribution Infrastructure
We have begun working on setting up the infrastructure for distributing CashCards to various countries of the world. This includes compliance with the local law, partnering with distributors, production of CashCards, marketing and support.
It is expected to be ready by the end of Q3, after the Exchange Beta has launched.
HAT API Services
One of the milestones we aim to achieve by the launch of the Exchange Beta is HAT API services. While part of the services currently exists, they are not complete. The services will be publicly available with the official launch of the application.
Free Distribution Pool Resumes
The Free Distribution Pool, or FDP, will recommence distribution of HAT tokens to verified users, once the Exchange Beta goes live. Users who sign up and complete the KYC process, will be eligible to receive free HAT Tokens. The FDP wallet will continue to distribute tokens to users until all tokens have been distributed. Details of this process will be announced later.
Disclaimer | Product development and legal compliance go together. The product can only be operational in a territory if we are able to acquire proper licensing as per the law and regulations of said territory. This includes CashCards distribution.
Form for Exchange Alpha Testers: Click Here
Registration will close with the launch of HAT Staking Wallet Beta