Taal Coin (TAAL) — October 2021 Report
As you have followed us since our inception, now is time for our first monthly report for October 2021. This report includes notable developments achieved during the month as well as a summary of expenses.
Development
Website. We registered taalcoin.io on10/ 6 and started with a templated website. We hired a web developer to complete our website. RJ Ian Sevilla has been working hard on the website with a deadline on November 6, so you should be able to open the website very soon. He has been working on the layout, security, and other features, including the integration of a Donation widget powered by NowPayments. Once the website is completed, we will keep working together on-call to add new features to the website, like the NFT page and more to come in the future.
Taal Coin (TAAL). We minted 40M TAAL, that is the total supply, on 10/7. We completed AI-based audit and received a fair 97% score. The project’s treasury was locked on the minting wallet. You can check the lock validity on Team.Finance. The remaining 37M was sent to a temporary hot wallet pending partnerships and IDO. All activities are traceable on BscScan.
NFT Collection. We are working with NFT Artist Johanna F. on our first collection, that will be minted on airnfts. She has been creating our mascot, Taal Boy, who will be featured in various scenes. The concept was revealed on 10/19 and the first NFT was minted on 10/30. Every NFT is collectible and minted in only one copy. The sell price is 1 BNB and 50% of the income will be used for Charity. Place your bid now!
Social media and marketing. Our Twitter account now has over 1200 followers and our telegram group has more than 900 members. We published 16 stories on this Medium blog and we will continue to do so. We hope to publish one new story every other day! If you would like to see us on other platforms, leave a comment below.
Listing, IDO and partnerships. We have been talking with a good number of exchanges and launchpad platforms and are considering some viable options. The final choice will be announced in Q1 2022. We have also been discussing partnership options with other projects on various chains and we will keep you updated!
Expenses
In October 2021, we spent 342$ on marketing, 380$ on payment for services, and 235$ on various fees, for a total of 957$.
What’s next?
For November 2021, we will publish our website, including our roadmap up to Q1 2023 and our whitepaper, and we will work on new features of the website. We will also continue and intensify our marketing efforts. Look for new NFTs on the marketplace, new articles on this blog, and new peaks of followers on social medias. Additionally, we hope to announce some partnerships. Stay tuned!
