TotemFi’s Month in Review!

What an incredible month November has been for TotemFi. November has seen a huge amount of activity on all fronts from platform, product, to marketing, so we want to provide our community with an update of what’s been happening at Totem HQ. So without further ado let’s dive into our quintessential Month in Review!

Key highlights:

  • DeFi Live: The Totem team took part in an industry event which pushed the boundaries of crypto thought space, and met up with some of our longstanding friends and contacts!
  • Totem Flare: November saw the conclusion of our inaugural TotemFlare bounty campaign, in which we made $16,000 worth of tokens available to the crypto community.
  • Platform & Product: We closed our Neptune Megapool containing over $70,000 worth of rewards for the Totem Warriors!
  • Team Updates: We welcome the very talented Meera and incredible Josh into the TotemFi Tribe!

DeFi Live

The Totem Team descended on DeFi Live in full force, with our whole London contingent being present at the physical event in Kensington conference centre. At the conference we had a booth where Totem legends Max and newest team member Meera showcased all things TotemFi to guests.

Max and Meera hosted an exclusive DeFi Live pool with over 100 guests entering. Congratulations to ‘Mo S’ who won the pool by predicting the price of BNB correctly!!

Additionally, our Co Founder and CMO Harry Horsfall — the driving force behind the inauguration and organisation of DeFi Live — opened the conference with a keynote speech in which he laid out his vision behind hosting the incredible two-day event.

DeFi Live was such a success — we cannot wait for the next one.

Roadmap Review

In November, we published the first two instalments of our Roadmap Review series where we looked back at TotemFi’s journey, to better understand where we’re going and how we’re planning to get there.

In the first instalment, we reflected on our Forest phase roadmap and how TotemFi successfully achieved its milestones, from integrating price oracles to partnership curations, as well as highlighting a few aspects of our Forest phase roadmap for which we sowed the seeds, and pushed forward into our Ocean phase.

Following on from the first instalment, the second instalment, deep dived into all things Ocean phase. Our key priorities for the Ocean phase are to deliver the aspects of our Forest roadmap for which we had to make adjustments in the timeline of delivery — amongst these is our Enhanced Rewards functionality. We also discussed how throughout the rest of Q4 we’ll be readying additional on-chain assets into the TotemFi platform ecosystem, allowing our users to predict the future prices of other cryptocurrencies.

We can’t wait to present the third instalment, where we’ll be soaring through our Sky phase, and all the exciting things we have coming up in Q1 2022!

Thought Leadership

This month we started publishing weekly thought leadership articles, providing Totem Warriors with up-to-date news on everything DeFi, regulation, crypto and more. The past month we saw the Biden administration toughening down on crypto, El Salvador announcing plans to build the first ‘Bitcoin City’, and how Jack Dorsey’s resignation from Twitter is bullish for crypto…. that was just November. We’ll be producing more content moving forward for the rest of the year and next.

Make sure to subscribe to our Medium to get notifications every-time we publish new content!

TotemFlare

November saw the announcement of the TotemFlare platform, our joint venture with our friends at Hypersign! As part of the announcement we launched a $16,000 giveaway — with the prize pot brought to you by a roster of DeFi Live’s leading sponsors and TotemFi’s close friends — including finance.vote, Bumper, Lepricon, Hypersign, Chain, MetisDAO and Cudos.

The campaign was a great success with over 4,000 people participating. To read more about our inaugural TotemFlare campaign, please see here: https://medium.com/@DeFiLive/defi-lives-16-000-mega-giveaway-brought-to-you-by-totemflare-powered-by-hypersign-53401f12be35

Platform & Product

NEPTUNE MEGAPOOL!! November saw a special version of our quintessential staking-based prediction pools — the Neptune Megapool, which invited Totem Warriors to forecast at what price BTC will end the year.

The pool features unprecedentedly large rewards up for grabs — the total rewards on offer are worth over $70,000. It’s no surprise then that the pool was so popular, with over 750,000 TOTM tokens staked by the time it closed — equating to 14.1% of circulating supply!

Team

At TotemFi, we pride ourselves on finding grade A talent and bringing them onboard our project to further our progress and contribute to the innovative tech we’re using to disrupt the prediction market ecosystem. We’ve always believed that hiring the best and brightest is what sets projects up for success more than any other factor.

In light of this, in November we were incredibly excited to welcome Meera to the Totem warrior Tribe. Meera is a natural born bull and joins us as a marketing executive!

Meera epitomises the positive and entrepreneurial spirit we’re seeking to foster within the Totem community.We’ve always believed in rewarding talent and hard work when we see it, so we couldn’t be happier having Meera join us on this incredible journey.

To The Moon

Thank you all very much for reading our Mainnet month in review! We’ve said it before, but it’s been such an incredible journey getting to this point, and it’s been our amazing community being with us every step along the way which has made it so worthwhile.

We can’t wait to show you all what we have in the pipeline — BIG plans coming, stay tuned!

Big love,

Totem Team

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TotemFi

TotemFi

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Stake. Predict. Grow. // Staking-based prediction markets for the crypto community.