Transparency Report | July 31st 2021

DIGITALAX
2 min readAug 1, 2021

Hey Everyone,

Please see below our transparency report release for July 2021, covering our expenditure and burn rates. This transparency report covers the months worth of expenditure.

With engineering a hugely significant part of the ecosystem, this month there were a number of really important implementations and upgrades. More specifically, focusing on our Fashion x DeFi merger, as we unlock further liquidity for the protocol.

Some of the bigger milestones for the month, across engineering, market development and operations included;

  • Polygon NFT staking contracts and UI upgrade
  • DRIP marketplace complete front end refactor
  • DRIP marketplace NFT inclusion and additional smart contract refactor
  • Design, development and launch of the Issue Three of DIGIFIZZY
  • Skins NFT marketplace refactor and upgrade (Smart contracts, subgraph and front end UI)
  • Global Designer Network expansion
  • Web3 Fashion Week coordination, operations and NFT preparatory engineering
  • The DLTA appraisal and new weighted staking contract development and unit testing
  • Major ecosystem update release; $MONA minting and DeFi NFT product
  • Ongoing ESPA tournament coordination
  • New DRIP collections launched
  • Open Source material, texture, pattern libraries launched
  • Instadapp smart contract connectors
  • Wear to DeFi campaign
  • ESPA mobile engineering refactor
  • DIGITALAX homepage mobile engineering refactor

Join Both our DIGITALAX Discord and ESPA Discord to Stay Up to Date! See More Across Our Official Channels;

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We write prompts, design styles & build code for protocol-ecosystems where web3 fashion & latent machines draw distances between ideas & reality closer each day