QA Status
Preparing the Sigma Zero application for its public release has involved attention to detail across several critical fronts. The foremost priority was ensuring usability without the native token on the Ethereum network and using ETH as a base currency, acknowledging the importance of accessibility and ease of use for early adopters while setting up for L2 integrations.
Smart contract functions have been rigorously tested and fine-tuned to guarantee seamless execution, laying the foundation for a safe reliable platform. Additionally, extensive effort was invested in preparing token use cases, envisioning and refining scenarios to maximize utility and value for users.
Another crucial aspect of the preparation process was making the application responsive for use across multiple devices, recognizing the diverse preferences and habits of the target audience. Whether accessed on a desktop, tablet, or smartphone, users can expect a consistent and optimized experience tailored to their device of choice. Furthermore, meticulous attention was paid to ensuring that all data displayed within the application is accurate and up-to-date, instilling trust and reliability among users. Through these concerted efforts, the Sigma Zero team has laid a solid foundation for a successful public release, poised to deliver a seamless and rewarding experience for users venturing into the exciting world of decentralized finance.
Rebrand In Progress
As Sigma has evolved substantially, our new branding will mirror its new narrative to authentically connect with its audience and convey its updated identity. This branding refreshment will communicate the organization’s growth, values, and vision more effectively, ensuring alignment with its current positioning and future goals. By revamping this overall design, Sigma will capture attention in a competitive market, differentiate itself from competitors, and resonate more deeply with its future users, creating stronger brand. This transformation not only revitalizes Sigma’s image but also signals its commitment to market adaption, innovation, relevance, and customer-centricity, ultimately driving sustainable growth and success in an ever-changing crypto landscape.
We will be changing the following:
- Domain
- Logo Assets
- Website
- Socials
Public Testnet
We’re planning to conduct an internal testnet round before making our project public. This involves inviting select parties to participate in our official testing phase and our initial bug bounty program through private sign-ups. Testing before a final release is crucial for several reasons.
Firstly, it allows us to identify and rectify any issues or bugs that may have been overlooked during development. By having a diverse group of testers, we can gather a wide range of feedback and experiences, helping us to address potential problems before they impact the wider user base.
Secondly, testing enables us to ensure that the product functions as intended across various environments and user scenarios. This includes testing for compatibility with different devices, operating systems, and network conditions. By thoroughly testing the product under different conditions, we can enhance its reliability and performance.
Additionally, testing provides an opportunity to gather valuable insights from users about their preferences, needs, and pain points. This feedback can inform further refinements and improvements to the product, ultimately enhancing the user experience and increasing adoption.
In summary, conducting thorough testing before a final release is essential for identifying and addressing issues, ensuring compatibility and reliability, and gathering valuable user feedback to improve the product.
We anticipate testnet enrollment to occur in May.
Brand Ambassador Onboarding
Sigma Zero is designed as a platform for crypto ambassadors to share their insights and opinions on different digital assets. To promote the app, we’re actively engaging with prominent leaders in the crypto space, aiming to enlist their support in spreading awareness. We’re also implementing incentives to attract influencers with significant reach, ensuring their participation in onboarding others to the platform.
We’ve adjusted our tokenomics to offer generous incentives through dedicated token allocations and protocol fees. These changes are aimed at both attracting new users to our platform and rewarding existing ones for their participation. By allocating tokens strategically and ensuring that protocol fees are utilized effectively, we aim to encourage maximum and long term engagement with our platform while continuing its growth.
Finalization of Token Economics
Aside from vesting and valuation changes to adapt to today’s market, we’ve had to consider feedback from our larger contributors to also implement an attractive model for influencer support as per mentioned above. We believe this new model balances early contributions while enabling long term promotion from brand ambassadors that links additional engagement with even more value through the protocol revenue sharing and usage KPIs.
Modifications include:
- A slight reduction in valuation across private & strategic rounds
- Dramatic reduction in overall vesting
- Adjustment of the rewards pool to compensate influencers/KOLs
Sigma Labs NFT
As the crypto landscape continues to evolve rapidly, our team has been exploring the possibility of issuing a groundbreaking Sigma Labs Airdrop NFT. This initiative aims to extend our appreciation to early contributors by involving them in upcoming ventures beyond Sigma Zero.
We will issue an independent article on how we envision this concept coming together as we continue to develop out the specifications for everyone.
Since the inception of Sigma Labs, our team has been involved in helping many ventures succeed through its tech stack and experience. The upside will extend to NFT holders in the form of an airdrop.
What’s Next?
In the upcoming weeks, we’re preparing to unveil the significant changes we’ve been diligently assembling over the past months, unveiling them in orchestrated phases. At the same time we are looking forward to meticulously handpicking members for our testnet phase, ensuring a select group of exclusive individuals are primed to explore and provide invaluable feedback on our development.
