Since the launch of our original roadmap in September we’ve been able to develop Paribus to include further aspects and offerings. As such, we felt it appropriate to release a more detailed roadmap last week to show how we plan to progress throughout the coming year.

As Wilson, our COO explains, “The new roadmap stayed very close to the original roadmap released soon after our launch in September of 2021. There were a few additions that we believe will have a benefit to the project as a whole and to the supporters of Paribus. The main changes would be the inclusion of “Meta Offerings” and “Paribus Institutional Iteration.” Both of these areas will be covered in more detail as we get closer to releasing them, but for the moment we will keep our focus on our upcoming MVP.”

Our original roadmap showed the MVP launch to be taking place in Q4 of 2021, however, we chose to adapt that plan as a response to the many calls from the community to offer a staking program for holders of PBX. As avid followers of Paribus will know this was launched successfully just before the end of Q4, pushing the MVP launch to Q1 of 2022. As well as rewarding our community by opening up native staking this proved tremendously helpful in preparing us for the upcoming MVP launch.

“Our current staking program is designed and developed solely on giving back to our community and thanking them for their support to date. As mentioned this sort of single-sided staking was never in our plans. We are still on track to deliver an excellent MVP in Q1. Once we prove ourselves with this endeavor, we will set about expanding and migrating to a Cardano native token.” — Deniz, CEO Paribus

In addition to successfully launching the native staking program, we also completed the oracle integration and passed the independent security audit from Hacken. In an incredibly short period of time, we managed to accomplish a huge amount of development and build an ever-growing and loyal community that shares our vision. As such, we felt the need to push ourselves further than our original expectations for 2022, hence the updated roadmap. One area that generated a lot of speculation was of course our relationship to the metaverse.

Deniz revealed, “The Paribus Meta Offerings was one of the points that got the most interest when we released the new roadmap. This is something very exciting that we believe will have big implications for the future of Paribus. Although I won’t go into much detail yet, essentially this will be a series of products offered in the metaverse. We will be able to offer them without straying too far from our original concept. In the short term, they will be released this year and our early participants will be able to utilize them. In the long run, they could help shape the way people think about economies in the metaverse.”

Reshaping the way people think about economies and increasing financial literacy and access is at the heart of everything we believe in at Paribus. It’s what drew us to the crypto space and inspired us to get hands on with developing this project. Being at the leading edge of technology is both exciting and challenging. As such we’ve tried to present a clear vision of our goals and direction of travel with the roadmap whilst also being realistic about the pitfalls of pinning specific dates to accomplishments.

Simon our CTO expands upon this in a little more detail, “We’re very lucky to have such a strong community who has been overall very understanding with adjustments or complications that have arisen. As many of us know too well, predicting the future especially in the world of crypto can be very challenging. We are at the forefront of what is possible with blockchain technology and everyone who is involved now is still very early to the game in my opinion. There will naturally be hiccups along the way, this is the cost of being a part of such a nascent space. We truly appreciate the understanding our community has and we will do our very best to stay on track with our development.”

Deniz adds, “We believe that placing dates on such complicated and fluid protocol additions can place a higher importance on them being completed at that specific time instead of them being completed in the best way possible. Also, certain items on our roadmap are out of our control and dependent on third parties.”

As we draw closer to specific milestones we will of course keep everyone appraised of the timescales through our Telegram channels and regular Town Hall meetings. We love to share each development on this journey with our rapidly expanding community, and as we do we feel their support and encouragement pushing us onward.

As Wilson says, “There will be a great number of important milestones and accomplishments as we move along our roadmap. I think that each upcoming event will feel like the most important to date. As we progress from our MVP — the foundation of our product — to the additions of what set us apart, I believe each moment will be a cause of excitement as we continue to add key components to our protocol.”

Whether you’re new to Paribus or you’ve been with us from day one we’re delighted that you’re here. And we look forward to sharing each step of the way through this hugely important and exciting year ahead, with you, our community.