Road Map

BlackFort in Details

Preparatory Stages (2021-2022)

  • Q4 2021: Building of Local Blockchain: Foundation phase, initiating the development of a local blockchain infrastructure
  • Q4 2021 Whitepaper Publication: Release of the initial whitepaper detailing the blockchain’s conceptual framework.
  • Q1 2022 Implementing Nodes: Start of node implementation to support the blockchain network.
  • Q1 2022 BXN Dashboard Development: Creation of a user interface for interacting with the blockchain (dashboard)

Pre-Launch Stages (2023-2023)

  • Q4 2022 Kick-off Phase : Official commencement of the pre-launch activities.
  • Q4 2022 Smart Contract Testing Phase: Testing of smart contracts essential for the
    blockchain’s operations.
  • Q3 2022 Certik Audit Preliminary Findings: Initial security audit report by Certik.
  • Q3 2022 Implementing Audit Recommendations: Enhancements to the system based on audit findings.
  • Q3 2022 Enhancing, Securing, and Testing Smart Contracts (): Continuous improvement and security testing of smart contracts.
  • Q1 2023 2FA Implementation: Implementation of Two-Factor Authentication for added security.

Blockchain Development and Launch (2022-2023)

  • Q1 2023 Testnet Launch: Deployment of a test blockchain network for trial and error.
  • Q1 2023 Blockchain Explorer Development: Tool for viewing blockchain transactions and
    activities.
  • Q1 2023 Web3 Connection: Integration with the decentralized web.
  • Q4 2022 Final Audit and Publishing: Conclusive security audit and report publication.
  • Q1 2023 Mainnet Launch and Genesis Block: Official launch of the blockchain network.
  • Q1 2023 Initialising Smart Contracts: Activation of smart contracts on the mainnet.
  • Q1 2023 On-Chain Nodes Deployment: Establishment of nodes on the blockchain.
  • Q1 2023 Nodes Reward Withdraw: Enabling node operators to withdraw rewards.
  • Q1 2023 – Present Pre-Mainnet Bonus Sendout: Distribution of bonuses prior to mainnet
    launch.

NFTs and Delegator-Node Rollout (2022-2023)

  • Distribution of Delegator-Node NFTS:
  • Q2 2022 10k
  • Q3 2022 25k
  • Q4 2022 50k
  • Q2 2023 75k
  • Q4 2023 100k
  • Node Delegation (Pending): Awaiting implementation of node delegation features.

BlackFort Wallet App Development (2021-2024)

  • Q2 2021 Pre-BXN Era App: Initial version of the wallet app.
  • Q2 2023 Revamped App 2.0: Major update to the wallet app.Subsequent Updates:
  • Q2 2023 Update 1: Swaps and language translations.
  • Q3 2023 Update 2 : Smart chain integration. ETH, BSC, Tron and BXN
  • Q3 2023 Update 3: Buy/sell cryptocurrencies and NFTs.
  • Q4 2023 Update 4: BXN NFT.
  • Q4 2023 Update 5: Integration of WalletConnect.
  • Q1 2024 Update 6: Integration of DApps and in-app node claim function.
  • Q1 2024 Update 7: Web 3.0 anti-virus, address book function.
  • Q2-Q3 2024 Future Updates: Additional features to be announced.

Expanded Offering Targets (2022-2024)

  • Q3 2022 BlackFort Genesis Knights: Launch of a special project or initiative.
  • Q1-Q2 2024 Real Estate Tokenisation: Tokenizing real estate assets.
  • Q2 2024 VASP & E-Money Institution: Establishing a Virtual Asset Service Provider and E-Money Institution.

On-Chain Offering Targets (Future)

  • 2024 Development of Decentralized Exchange (DEX): Launch of a decentralized platform for peer-to-peer trading without intermediaries.
  • 2025 Decentralized Finance (DeFi) Innovations: Implementation of new DeFi services like lending, borrowing, and yield farming to increase financial inclusion and decentralization.

Off-Chain Offering Targets

  • 2024 Expanded Tokenizing Projects: Introduction of new assets for tokenization, extending the range of digital assets on the platform.
  • 2024 Development of Decentralized Exchange (DEX) (): Launch of a decentralized platform for peer-to-peer trading without intermediaries.
  • 2024 Centralized Exchange (CEX) Functions Establishment: Setting up a centralized platform for trading, offering enhanced liquidity and services. Exchange partnerships
  • 2024-2025 Cross Chain Bridges: Creating interoperable solutions to connect with other blockchain networks, enhancing the transfer and exchange of various digital assets.This expansion into off-chain offerings aims to enhance the platform’s capabilities and provide users with a more comprehensive and integrated digital asset experience.

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Tbilisi, Georgia.

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