August 25, 2021
Dear xF Community,
It is truly my pleasure to connect and share with you today. I am Jody Radack and currently the acting CEO of xFarmer. Today’s letter is to convey our sentiments from the team, our thoughts going forward, and recognizing that it is you, the community, that has walked with us together thus far to create this wonderful xFarmer ecosystem. Thank you xFarmer community, because together, we made today possible.
As members from all around the world (currently with xFarmer activity in over 37 countries) are providing us long-standing support, I too, want to communicate that I stand beside all of you to develop a robust and everlasting future of application practices and continuous innovation.
With our current illustrated roadmap, the xFarmer platform is strengthening its presence and focus in the DeFi space. As Summit Ventures has completed the acquisition process and helped supply additional resources in crucial strategic footings, these past months, have allowed us to capture an entire new set of superpowers to reinforce and enhance our global reach and technological infrastructure development. I am proud to announce that we have achieved over 150,000 downloads and more and more parties are leveraging the aggregated data that can be obtained from our platform. The amount of daily active users, app opens, and time spent on app, are trumping many top competitors in the space.
We are beginning to ascend our way into mainstream awareness as a rapidly increasing number of investors, media, and affiliated stakeholders are reaching out to us with increased curiosity and interest. Again, my gratitude to the founding team and everyone in the community is unparalleled and everyday I beam with surprised humility as more accomplishments spring into light and am truly grateful of the ground that was laid.
To the community, I want to share with you the next stage of major focus. xFarmer is already undergoing an official upgrade from a tool-based utility to incorporating our own native decentralized exchange (DEX). We have been preparing a multitude of foundational provisions for this to support both the technology as well as growing the user base in more countries and regions. We have also had countless revisits of our whitepaper, and our overall token model with top, award-winning economic model experts to sharpen and test every facet of xFarmer’s operations. Top contract engineers have also been hired to stress-test and upgrade all necessary security protocols and implemented measures. We are constantly working at improving the balance between maximum user asset security as well as a seamless, enjoyable user experience.
On the globalization front, we stand strong with our vision to create history for all users of all demographics. Crypto was made to help borderless sharing of information and resources and xFarmer strives to uphold this precedence in all of our actions. We want to allow everyone to be able to easily enter the DeFi world and reap the benefits it has to offer. We hope you all can see more new users present globally and contributing simultaneously. We also hope to expand contributions to the digitally free world by creating channels for more financial inclusion and making access to available trading and circulating assets easier to reach. The infrastructure of the digital world is being built as we speak and we want to be remembered here forever.
Community, of course, is our most important element and very soon we will establish an xF Community Development Committee so members can have more direct participation in the governance and future roadmap of the xFarmer ecosystem. We hope to continue to stay transparent, and build fair mechanisms so anyone can have a chance to participate. This is the true value xFarmer hopes to create.
In order to make history, the road is difficult. In order to create truly essential value, the ideas must be groundbreaking. In order to work, everything must be perfect. Society as a whole’s shared mission to promote the development of science and technology. xF needs the support, ideas, confidence, and assistance of every community member in order to promote and help everyone understand our mission, value, and philosophy. Again, you are the real heroes.
With that, I again want to thank you for your time. xF will continue its development to be a DEX like no other. One that can connect users of all levels and people of all places with an easy to use, secure, all-in-one app. We hope to get xF into the pockets of everyone and let’s all share and create success together.
With Sincere Gratitude and Excitement,
Jody Radack
