BLOCX Celebrates First Anniversary with New Algorithm, Marketplace, and More in Weekly Update

Celebrating 1 Year with BLOCX

BLOCXERS have much to celebrate as the community marks its first anniversary. With a commitment to making 2024 the year of BLOCX, the team announced a major algorithm change scheduled for August 10th. Additionally, the Marketplace has been rebranded to GRIDBOX, with a public release planned for the end of July, coinciding with the new algorithm testnet.

Birthday Mascot Competition

In honor of their anniversary, BLOCX announced a month-long competition to create a mascot. This mascot will be featured in their products as a personal AI assistant. More details on participation can be found on BLOCX. X.

Press Releases

BLOCX was prominently featured in several press releases this week. Check out the coverage on MARKETS INSIDER, YAHOO!FINANCE, COINTELEGRAPH, STREETINSIDER, AP NEWS, and DIGITAL JOURNAL.

GRIDBOX

Introduction of GRIDBOX

The Marketplace’s new name, GRIDBOX, has been unveiled. The public introduction is set for the end of July, along with the blockchain testnet.

Final Setup for Testing

The GRIDBOX team has finalized the initial version of the payment system, which will be released for testing next week. Selected testers have been added to private Discord groups to begin testing soon.

BLOCX Desktop

Upcoming Desktop Update

The BLOCX team is nearing the release of their desktop update, which will follow the public release of GRIDBOX. The new setup file will download real-time updates from the server during installation, ensuring a smoother and faster process for users.

Wallet

Extension Plan & Execution

The Blockchain team is working on a wallet extension project, with news expected next week. This extension aims to enhance usability and functionality, offering a seamless experience for users.

Upcoming Week

GRIDBOX Testing

Selected testers will find several tasks on the Discord channel. Engage in the testing, which will last a week before the public release of the Marketplace.

BLOCX Desktop Certification

The redesigned setup file for the desktop app will be uploaded to Microsoft for certification, ensuring it meets the highest standards of quality and security.

Web Wallet Extension

An upcoming article will detail the features, availability, usage, and timeline for the new wallet extension. This extension will simplify asset management and interaction within the BLOCX ecosystem.

Bridge on Web Wallet

A bridge feature is being integrated into the web wallet, allowing users to switch between the mainnet and the ERC-20 network easily. This feature enhances flexibility and accessibility.

Community Engagement

Exclusive AMA with Umar Farooq

This week will feature an AMA video with Umar Farooq, Lead Engineer. Community-sourced questions will be answered in real-time. The AMA will be posted on social media after a week of being private, providing valuable insights from the engineering team.

Design Changes

BLOCX is rolling out gradual design changes and brand enhancements. These updates aim to improve user experience and align with the company’s innovative spirit.

Final Thoughts

Stay Tuned for More Excitement

BLOCX continues to innovate and engage its community with exciting updates and enhancements. Keep an eye out for more developments as BLOCX forges ahead into a promising future.