Monthly Recap: June 2023

Token Takeaways ✍

✨ token.com had a big month as we unveiled our new look for our early customers. 

✨ We also headed out to ETHPrague and Prague DeFi Summit to connect with the Ethereum community and show crypto diehards what we’ve been building.  

✨ Our next major milestone is our global launch, while developments and improvements to the app continue. 

June was yet another eventful month in tokens. The headline story was a new development in SEC’s crypto crackdown clampdown, as the US regulator filed lawsuits against Binance and Coinbase. Few crypto enthusiasts welcomed this news, but there are plenty of reasons to feel positive about the future. The world’s biggest asset manager, BlackRock, filed an application to launch a spot Bitcoin ETF. Additionally, the Ethereum ecosystem keeps growing stronger, with a new Uniswap upgrade and ongoing Layer 2 developments landing this month. 

At token HQ, meanwhile, we unveiled our new look after months of preparation. The revamped token.com went live with Ken in tow earlier this month. We also shared the waitlist for new token explorers in preparation for our global expansion. All told, things have been pretty non-stop for us. You can read our snackable breakdown of the main events below. 

A new look 👀

The new look app went live, and we think the token community will agree that it’s quite an overhaul. We also introduced a friendly face called Ken (and we’ll soon share a few new faces to represent the diversity of the token world). Based on the feedback we’ve received so far, our early customers love the new look. 

A preview of the Explore tab on the new look token.com.

And we’ve got plenty of exciting updates to come. token.com is still in its infancy, so we’re constantly making tweaks and improvements. For example, we’ll soon introduce a new payment option for collecting tokens. In the longer term, there’ll be new developments that make your token.com experience feel more personal and communal. We can’t wait to share more. 

Catching up with the Ethereum community 🤗

We had the pleasure of attending Prague DeFi Summit and ETHPrague this month. token.com chief Mel appeared onstage to present his vision for token.com and the tokenized future. We were equally inspired by the conversations we had over the three days. 

token.com CEO and founder Mel Gelderman presents our vision for the project at ETHPrague.

Everyone we caught up with at ETHPrague shared their positive impressions of the new look token.com. We were thrilled to hear that the app feels like a breath of fresh air for so many people. What’s more, Ethereum’s own Vitalik Buterin got a look at the app courtesy of Mel. The Lens Protocol crew also awarded our engineers with a prize after they built an integration for Lens posts on token.com at the Web3 social project’s hackathon. So you could say our trip was a success. Watch this space for more news on this coming soon. 

Focusing on token education 🧠

While much of our other work is currently happening in the background, it’s connected by our commitment towards the same end goal: educating the next generation of token adopters. Recent work includes building out our Learn hub ahead of our website launch, planning new ways to present tokens according to categories and interests, and giving customers a smoother experience for token discovery. Our team’s core mission is to enable effortless token discovery. Focusing on education is a crucial step towards achieving that. 

Going global 🌍

Now that we’ve rolled out the revamped app to our first cohort of customers, the next major step is to take it around the world. token.com will go live in more than 40 countries, highlighting our ambition to support the growth of the crypto economy. But it isn’t enough for us to make tokens available to the world. We want to offer people delightful token experiences. It’s a lofty goal that requires lots of work across our team. We’ll also need patience and a good bit of trial and error. But our progress to date tells us we’re on the right track. 

Learn more 💫

That brings June 2023 to a close. It’s been a momentous month for us, but we aren’t planning on slowing down anytime soon. The next time we publish a Monthly Recap, token.com will be available globally, and we’ll have entered our next phase of growth as we look to onboard more customers. token.com will also be evolving as the space does. In the meantime, head over to your app to check out our early Collections, see what’s trending, catch up on the latest important news updates, and dive deep into this exciting new world. 

Learn more about token.com here

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