Raze Network Monthly Review #7

Hi Razers,

Another month, another list of updates!

As a tradition, we’ll review what happened in the space over September — from the macro crypto market to Raze Network.

Market Overview

Let’s take a look at crypto market performance over the last month.

At the beginning of September, BTC and most altcoins have achieved the highest market cap & price in Q3 ’21. Following speculative market nature and crypto regulations news, the market trend has changed and experienced a declining position.

BTCUSDT Chart — TradingView
ETHUSDT — TradingView

As we’re writing this update, the crypto market recovers, and the ecosystem keeps pushing blockchain adoption forward!

Crypto Regulations

In late Sep, the ecosystem witnessed shocking regulatory restrictions from the Chinese government: China Banned Crypto. It wasn’t the first time we’ve experienced China’s attempts to stop the permissionless blockchain revolution. This time, crypto trading in China violates “public order and good customs” and might involve “legal risks”.

Trustless, permissionless, and privacy-preserving technology will forever be the solution for the entire crypto ecosystem that genuinely believes and fights for human freedom. More than ever before, we need those tools to protect ourselves and fight for our fundamental human rights.

We at Raze Network are proud to be one of those tools you can count on to protect your privacy and ensure a seamless web3 experience.

Testnet Bounty Program Update

Raze Public Testnet wouldn’t be successful without you, dear Razers! We’re grateful for all the support and interest you’ve shown throughout July and August.

Curious to hear the updates? Read below 👇

Ecosystem Expansion

We’re delighted to welcome both Skyrim Finance and Rocket Vault to our privacy-preserving ecosystem. Moreover, we’re happy to celebrate achieving 40 ecosystem partners so far!

Learn more 👇👇👇

Sep 13 — Skyrim Finance

Sep 15 — Rocket Vault

Raze Growth Plan

Speaking of adoption and growth, we’re delighted to share the overview of our future growth vision and plan to bridge that with reality.

Experimenting with new growth channels is part of our ongoing Raze Network Adoption strategy. The crypto market changes fast, so does Raze Network.

On top of expanding our ecosystem partners & Raze Network use cases, we’re constantly launching exciting initiatives, such as ambassador program, bounty programs, various community contests, and more coming soon!

Ambassador Program Update

We have reviewed 200+ applications, interviewed many candidates, and selected five Raze Ambassadors as the first batch of our continuous initiative.

Raze Network believes that the Ambassador Program, led by active community participation, is the crucial step towards the future of decentralized Raze Network’s development, growth, and governance.

We heard your recent suggestions Razers, and we will deliver. Stay tuned for a big announcement soon! Let’s rock Q4 ’21!

About Raze Network

Raze Network is a cross-chain privacy protocol. It is built as a native privacy layer that can provide end-to-end anonymity for the entire DeFi stack. The Raze Network applies zkSNARKs to the Zether framework to build a second-layer decentralized anonymous module. The objective of Raze Network is to enable cross-chain privacy-preserving payment and trading systems while protecting the transparency of your assets and behaviors from surveillance.

Contact Raze Network

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Raze is a trustless zero-knowledge proof system designed specifically for decentralized finance.