InvArch Platform — Recently Accomplished Developments Over the Last Few Months
InvArch is basically a medium based for IntellectualProperty Tokenization & Community based developments. Unlike other chain networks that have been centered on financial Investment services & physical asset tokenization, InvArch platform enables security & utility for abstract dataSets. The platform aims to develop a really intuitive system to tokenize ideas and develop Decentralized collaborations. Today on the article, we’ll be focusing on the Recently Achieved developments made by InvArch over the past few months. Before the topic is being detailed, a little information about it’s ecosystem will be initially stated.
INVARCH PLATFORM INTRODUCTION
The InvArch platform has been know generally as a CuttingEdge chain network which links the gap between ideas & development. By linking amazing ideas/initiatives with dexterity & resources across the globe, the platform enables the foundation for the latest Decentralized markets & enterprises to be made, which then extends access & opportunity via StartUps, Services & applications. InvArch platform permits various operators & resources of the placed Product or Enterprise development process to develop, connect & function on one Ecosystem. The platform has also initiated a token called “VARCH Token”. More detailed information about the aforementioned network developments will be stated below.
AMBASSADOR PROGRAM ANNOUNCEMENT
In order to celebrate the explosive development of the community & Ambassadors of InvArch, the platform’s team, on the 6th of October, had dedicated 10% of the initial VARCH token supply to fund the InvArch Ambassador Program.
On the 9th of October, InvArch Ambassador Program had officially reOpened for users to begin submitting their applications again. Any individual who had applied before the relaunch and didn’t get any confirmation, could still resubmit an application. Many users will be applying to earn a Role as an Ambassador on the network, & the number of applicants was guaranteed to become steep, users were encouraged to ensure that their applications were really well outlined and structured.
Users had been encouraged to fill out their application if they wish to be considered, they must already be a member of the InvArch Discord. If the user had submitted their application, they were required to wait for confirmations. The platform had received 800 Applications for the program, so it was required for users to have some patience cause they were being diligent when selecting their Ambassadors.
For more details : https://invarch.io/community/
Web3 FOUNDATION GRANT
On the 10th of October, the network’s team shared one of their most exciting updates yet. In the Month of September, they were approved for a Web3 Foundation grant and they’ve delivered. This is a huge achievement for the platform, and it means the world to it’s founders. They invited everyone to learn more about the work achieved under the grant through means of articles.
COMMUNITY DEVELOPMENT
On the 15th of October, InvArch platform shared some great news to their users, their discord community passed the 5000Person mark. A week before this achievement, the platform only had 500 members. But in just 7 days, they had surpassed that number tenfold. With the community’s continued support, InvArch will become the largest community in the Web3 ecosystem. The community is currently reaching 8k, which is an amazing Achievement
More info : https://discord.com/invite/invarch
THE AMBASSADOR HANDBOOK
On the 19th of October, the platform shared the Ambassador handbook to their community, which can be found on their site. This handbook includes an overview of the Ambassador Program, as well as a review of how submissions & points function moving forward. Several changes had been made, so it’s expected that every Ambassador should read the handbook thoroughly.
They also sent out denial emails letting the users know that they were not selected for the round. The platform understands and sympathize with these individuals will feel bitter about such news. The platform asks for their patience & understanding and to know that there will be more opportunities in the future, they ask that they should not take these decisions personally & that they encourage all users who did not make it in the round to reapply when the time comes, if they are still interested in taking on the role of an Ambassador.
COMMUNITY NFT EVENT
On the 2nd of November, the platform announced the start of the Community NFT event. The community event featured 5 exclusive NFTs hosted on RMRK’s Singular platform & was open to all members of the InvArch platform Community. The NFTs featured a collection of original works by Ana Gabriella Gatchalian-David that detailed the power, beauty & possibilities of ideas. In order to participate and stand a chance to win these 5 NFTs, all members had to follow the Official InvArch Twitter account, like and retweet the pinned tweet on top of the platform’s twitter profile.
After 2 weeks and over 500 entries, the platform announced that their Power Of ideas NFT event had come to a close.
For more info : https://singular.rmrk.app/collections/d04063c17a6327d37f-IDEAS
TECHNICAL ALTERCATIONS
During the early stages of November, the platform had some recent technical changes, meaning that there are some altercations to the VARCH Tokenomics. To be specific, the team lowered the fundraising target for the round & increased the goal for the strategic round.
The team later on in the month, had some other technical announcements, they have been working on adding EVM smart contract Functionality to InvArch, this way Ethereum (Solidity) developers can start developing on InvArch with little to no learning curve. During this same of the month, InvArch platform had raised $1.75 million for it’s seed round, which will help fuel the development of the platform. It’s important to note that, not all offers have been accepted and more contribution offers are rolling in daily.
For more information: https://invarch.medium.com/invarch-weekly-11-12-2021-bc6bbe313c95
AMBASSADOR PROGRAM HIGHLIGHTS
The Senior Ambassadors, over the past week, had their first Ambassador call with some of the team members. Way to improve the ambassador program & make it better for the members of the program, and a lot of awesome new initaitives were shared. As some restructuring to the program is expected, some really notable changes are going to be implemented.
CONCLUSION
The InvArch platform is really centered on guaranteeing the future Development and success of the network through the aforementioned developments. The platform’s team has truly expanded, which will help to speed up the development & increase the talent based contributing to InvArch. Also, with the growth of the community at a rapid pace, it’s amazing to see how talented the Ambassadors are, as they give it their all for the growth of the community, the team is also eternally grateful for that. As the platform continues to develop, more and more amazing updates will be initiated over the coming weeks.
To learn more about InvArch visit the links below;
