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August 25, 2022

Sitrep #023

Sitrep

KEY TAKEAWAYS

1. Bumper Strategy Day

2. Marketing & Brand

3. Business & Partnership Development


Standby for Sitrep #023


Bumper Numbers

Circulating Supply: 32,226,333.2542 (12.89%)

BUMP price: $0.03954

Price Changes:  24h: +4.4%  7d: +1.6%  30d: -30.4%

Fully Diluted Market Cap: $9,885,200

Circulating Market Cap: $1,274,229

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As at August 25, 2022

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Bumper Strategy Day

Last week, the entire Bumper core team took a day to all come together and focus on our strategy and plan for launching the protocol. 

Our strategy included full and targeted discussions across all the different teams (marketing, operations and tech) about how we can all support one another in achieving a successful lift off.

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Part of this was to give everyone in the team some real clarity about what’s needed in this most crucial run up to launch. 

On top of this, our fundamental goal was to define a clear internal roadmap with a set of processes, KPI’s and clear metrics to which we could track and measure our progress.

For this reason alone, it was a very useful exercise to improve team cohesiveness, communicate effectively where there were any blockers, and get a really solid plan together which will ultimately best serve the business, our community and our soon-to-be protocol users.

But it wasn’t all serious business. We did manage to have a bit of fun too, including a whole team Mind-body cleansing yoga session, and a team prize giving, with the winners of important nominations such as “best hair”, “biggest DeFi nerd” and “most likely to start a fight in a pub” earning league-of-pride podium places.  

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Marketing & Brand

One of the elements which came out from our Strategy day was how we start to spread the word again, and generate more awareness around the Bumper protocol.

This includes looking at our messaging and positioning, and we’re pleased to say we have now started publishing on the HIVE blockchain alongside the more mainstream social channels. HIVE has one of the world’s biggest communities of knowledgable crypto enthusiasts and is a bit like Reddit on a blockchain, minus the censorship, and which distributes crypto rewards to both content providers as well as readers for engaging and voting on posts. 

You can find our HIVE account here.

One of the major things which we have been investigating is upgrading the Bumper brand, and giving the website a complete freshen up. We’ve been working with a branding agency, and this is going to be rolled out over the coming weeks.

We’re also going to be increasing the amount of marketing activities we run, particularly around visual assets, such as video and infographics and the like, to complement our written content. Look out for more short form videos, walkthroughs and interesting conversations coming soon!

All of this is focused around increasing exposure to DeFi and crypto enthusiasts, and to help established community members and newbies to learn more about Bumper’s value proposition and unique protocol offering. 

 

Business & Partnership Development

Our Operations team are now engaged in high-level discussions with a major CEX with regards to listing the BUMP token, as well as engaging with potential market makers for the liquidity side of the protocol.

Whilst we can’t give too much detail at this point in time, these discussions have the potential to massively assist with our launch and beyond.

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Call for Beta Testers

We are still accepting applications for Beta Testers for our Falkor release, prior to Bumper going live on Mainnet.

If you would like to be one of the very first people to get your hands on the Bumper dApp, and earn tasty rewards for giving us your feedback, we’d encourage you to apply, regardless of your experience with DeFi.

More details can be found in this article, but if you know you’re ready, just complete the Beta Tester application form fully and we will be in touch very soon.

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Vacancies

Bumper are hiring! 

If you would like to join a tight team with vision and a singular focus on releasing one of the most groundbreaking DeFi protocols, check out our full list of current vacancies on our careers page. 

Development Progress


Work continues across all streams. Latest development updates include: 

  • Mobile device testing
  • Processing feedback from Alpha
  • Upgrading test suite
  • Simulation progress

You can view the latest development update here.

Office Hours

Our next Office Hours live stream will be taking place on Thursday, 1 September 2022 at 10am UTC: Make sure you’re subscribed to our channel to get an alert when we go live.

Watch the full live stream of our previous Office Hours session on Youtube.

On this Office Hours, we were pleased to be joined by Dan Thomson from our partner protocol InsurAce for a really interesting conversation around insurance, volatility protection and more. Check out some of the highlights: 

  • Update on Bumper roadmap & releases
  • Chat with Dan Thomson of InsurAce
  • Thesis on wider adoption of crypto through more DeFi services

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Press / News / Events

Some of the latest articles by and about Bumper here:

  • Crypto insurance - are you searching for the wrong thing?
  • How to earn rewards by staking BUMP
  • Bonding BUMP - Why Bumper doesn’t tax your tokens


Want more? Check out our Medium publication and the Bumper Blog

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About Bumper

Bumper protects the value of your crypto using a radically innovative DeFi protocol. Set the price you want to protect and if the market crashes, your asset will never fall below that price. Importantly, if the market pumps, your asset rises too.


Stay Connected to Bumper:

Join our Discord — https://discord.gg/YyzRws4Ujd
Follow us on Twitter — https://www.twitter.com/bumperfinance
Visit our Website — https://bumper.fi


Disclaimer:
Any information provided on this website/publication is for general information purposes only, and does not constitute investment advice, financial advice, trading advice, recommendations, or any form of solicitation. No reliance can be placed on any information, content, or material stated on this website/publication. Accordingly, you must verify all information independently before utilising the Bumper protocol, and all decisions based on any information are your sole responsibility, and we shall have no liability for such decisions. Conduct your own due diligence and consult your financial advisor before making any investment decisions. Visit our website for full terms and conditions.

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