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dappy investor communication
[dappy] Investor communication #1
Hey all
Having received news of the dissolution RChain Board and Cooperative, we feel necessary to communicate our stance to the dappy project stakeholders.
What the dappy project in essence ?Dappy is a naming and TLS identity distribution solution that uses blockchain and co-resolution to solve the numerous issues which exist with DNS tech and the Certificate Authority system, and cost millions to many industries. Dappy can articulate with any blockchain technology, it is blockchain-agnostic. The faster the better, the most secure the better as well.As SaaS and web portals become bigger and bigger, recceive more and more value going through, they will be attacked in all sorts of ways. Dappy is a long term project, blockchain-agnostic that will make its place as a viable, robust and future-proof alternative among the current naming systems.Relation with RChainDappy has a long standing relation with RChain coop (that was dissolved yesterday) and RChain technology of course, we use rholang for the smart contract of the dappy name system. FABCO is the number one contributor outside of core developers of RChain, as an example we have created the FT and NFT systems (RChain token). Of course the developers and overall RChain team has helped us a lot as well !
An important note : FABCO or the dappy project has no legal / contractual link with RChain tech in any way.The path forward, and state of the projectIn the coming days or weeks, we will communicate our strategy to investors, regarding the blockchain and smart contract technology used to power the name system, three possibilities:
Sticking to RChain tech, launching in a centralized manner first
Sticking to the mainnet, and bet on short/mid term resolution
Considering alternative L1 / L2 blockchain platforms
Since march 2021, we have been working very hard to strenghten our notoriety in France (Before tackling global markets) and putting the funds you entrusted to us to use :
FIC cybersecurity event, for 3 days in Lille (France)
Vivatech technology event, for 4 days Paris (France)
Contract with top-tier consulting firm Gartner (This information is not to be disclosed outside of the group of investors - Please respect this instruction) in order to further understand market needs and grow our service offering.
The most obvious outcomes and progresses are the following (we’re happy to give you more details in private):
Good progresses on first enterprise contracts, with the white label offering (see website)
Very advanced research on how to articulate with browsers at the low level
Deep understanding of the market dynamics
All dappy tokens are safe (although not distributed yet) and keep their original purpose
We’ll probably have a community sessions schedule so you can all get insights and participate more closely.
Thank you for placing your trust in us,
Raphaël and the dappy team