ProtonUK Newsletter #9
Hello Protonians,
Welcome to Newsletter #9
Here we are at the start of 2022 with everyone back to the usual routine and Proton is full steam ahead. There is a ton of good news and I can't even imagine what's coming this year and how excited everyone will be then LOAN and fiat integration finally go live.
Thank you for reading and have a great weekend!
Proton
Exciting news we have to share is that Metal Pay and Proton users will be able to have a better view of their transactions and help them do their tax reporting using the TaxBit software for free:
Filing taxes with cryptocurrency can be confusing & exhausting. Not anymore for Proton users!
— Proton ⚛️ (@ProtonXPR) January 11, 2022
We’re delighted to announce our partnership with @TaxBit to offer free crypto tax computations & make crypto tax reporting easy. ⚛️
More on the partnership ➡️ https://t.co/JH4LnsMpjW pic.twitter.com/ZdPibza2jb
More details will follow as we get close to the end of the tax year but that's a great move from the Proton team. Till now there was only one option to do that, using https://protontax.com which was developed by one of the block producers but it only supports a few formats and none can be imported in some of the widely used tax and coin tracking software. That same news was shared by Forbes, just look at some of the names on that picture:
TaxBit just announced a new network that will provide free, unlimited federal information returns needed for cryptocurrency and NFT investors for 2021 for transactions that were conducted on exchanges that belong to the TaxBit Network https://t.co/fHr8bC2bly
— Forbes (@Forbes) January 11, 2022
Here's something really cool that the Proton team announced yesterday - they bought a billboard and looks AWESOME, just look at it:
Introducing Proton — the ecologically efficient blockchain with no gas fees & faster transactions — to San Francisco and the world.
— Proton ⚛️ (@ProtonXPR) January 14, 2022
Web3 Starts Here ⚛️ pic.twitter.com/EIKshvwQUC
But that's no ordinary billboard, along with it they introduced The Proton Billboard Bounty, where if anyone refers a company or business that enters into partnership with Proton Chain will get paid $5000, read more about it here:
This week, one of the block producers Edenia (EOS Costa Rica) announced an affiliate program in collaboration with Proton.
We’re happy to announce our strategic collaboration with the @ProtonXPR team to work on an Affiliate Program feature for the Proton wallet ⚛️ – launching today in the beta stage for selected countries.
— EOS Costa Rica (@EOSCostaRica) January 12, 2022
👉Read more: https://t.co/h7X1mfmmfz.
👉Get started: https://t.co/FCN7aUteUf. pic.twitter.com/I9valAvbhz
We first discussed a potential affiliate program on Proton six months ago and have to say we were close, except for the most important bit - the reward that will be $2 in the form of XPR:
Metal Pay
There is also some exciting news this week for Metal Pay. Proton team announced the Metaverse week where they will list five new tokens on Metal Pay, one token per day for five days:
Introducing Metaverse Week. A week dedicated to the hottest projects in the #metaverse.
— Metal Pay (@metalpaysme) January 10, 2022
Once announced, Metal Pay users can buy & sell these new tokens for a fee of 1% or less!
🪙 5 Days, 5 New Tokens
🗓️ 11th - 15th Jan
Welcome to Metal Pay’s Metaverse Week 🤘 pic.twitter.com/S3ZG5Lp0wc
Here's what we got so far:
Day 1️⃣ of the Metaverse Week: @Decentraland
— Metal Pay (@metalpaysme) January 11, 2022
Yes, you guessed it right! 🤘
We're listing $MANA on the Metal Pay Marketplace. Now Metal Pay users can log in to easily buy, sell, trade, send, receive, or HODL $MANA, one of the most popular #metaverse tokens. pic.twitter.com/TofayYaYDj
Day 2️⃣ of the Metaverse Week: @TheSandboxGame
— Metal Pay (@metalpaysme) January 12, 2022
Another day, another popular #metaverse token.
We are listing $SAND on the Metal Pay Marketplace. Now Metal Pay users can buy, sell, or trade $SAND token for as low as 0% fees!
Psst... and yes, you guessed it right again! 🤘 pic.twitter.com/pDyvckfGhl
Day 3️⃣ of the Metaverse Week: @Enjin$ENJ has been listed on the Metal Pay Marketplace.
— Metal Pay (@metalpaysme) January 13, 2022
Now Metal Pay users can log in to buy, sell, send, receive, or HODL $ENJ token, unlocking some of the easiest on-ramps to this popular #metaverse project! pic.twitter.com/HJxCrkqgap
Proton Loan
Proton Loan and fiat integration are not released yet but we've seen so many tweets by Proton that it feels like we are near. One interesting observation is that Proton Loan has a tick on the roadmap as it was released already. The releases dates for Loan and fiat changed to Q1 2022 and we see another milestone there - Fully Verified Onchain Identity.
Now that's very interesting. We know that fiat integration and KYC are prerequisites for the LOAN platform. If you are following Proton closely you'd remember that Metal changed their custody provider back in August 2021 and their identity partner (InCode) back in October 2021. This is to show that LOAN platform has been in the pipeline for a long time and there were a few other things that needed to happen first.
Remember that Proton is a whole ecosystem and there are many moving parts. It's great to see pieces slowly coming together.
NFTs
The NFTs are slowly becoming an industry within the industry and definitely one hard to follow. We mentioned a few weeks ago about new market places being in development, one of them, ProNFT.market has announced the release date of their BETA:
Save the date!🥳
— ProtonNFT - NFT Marketplace on Proton chain (@Proton_NFT) January 9, 2022
Public BETA Launch: 20 January 2022 https://t.co/ppji3bL1Ml - The NFT Marketplace ProtonChain community deserves! @Proton_Bots @metatrxn @protonsberg @abstraktsNFT @crypto_lemurs @aGameOfDragons @ProtonGhost_NFT @ProtonAnubis @ProtonXPR pic.twitter.com/0SpHveUdxg
- Proton and Metal data source: CoinMarketCap
- Price change based on Thursday close price using latest data in range (UTC)
- Loan data source: Protonscan (Alcor exchange only at the moment)
We can't miss this one and not share it with everyone. It's one of the unique selling points of Proton - ZERO gas fees. Not only transactions are free but also minting NFTs costs a few cents. Sending wrapped coins also costs ZERO gas fees.
Went ahead and fixed that, made them 🆓 for you #Proton @ProtonXPR $XPR ⚛️ $XDOGE 🐕 $XETH ⧫ https://t.co/9QppBJZNZ2
— marshall.xpr ⚛️,🤘,🤝 (@MarshallHayner) January 13, 2022
Any comments and suggestions are more than welcome. You can find us on Twitter, Telegram as well as Reddit. Thank you for supporting ProtonUK.