LMC
In 1 week 50% of LMC has vanished off bittrex
V2.0 roll-out in China in February. Currently, V2.0 is available globally. China users are still using V1.0. The last figure was 300k downloads in China. I assume that both global and China ecosystem will integrate in V2.0
OTC function in app is coming but no specific time. OTC function essentially means directly buying crypto with fiat over the counter. This is critical as this will act as an on-ramp for Chinese users since exchanges are banned in China and OTC is the only legal method of purchasing crypto.
Zou, CMO of LoMoStar, hinting that there are lots of things to declare BEFORE Chinese Spring Festival which begins 16th of February.
Zou also said they are "in contact with a South Korean exchange, 2018 in Asia, there will be many surprises."
Zou then started 2018 saying "This week, we will announce a major advance in the Japanese market, and an important product update"
This important app update has been announced to be tomorrow in Jan 2nd. Details in the tweet.
There is a documentary coming by an American PR firm. This was delayed for an unknown reason but last I heard in Telegram it is still coming.
MassGrid, a very well known project in China, is launching their re-brand by partnering with LoMo. This is the second partner so far. The previous partnership with CFun was very successful. Also, Zou said that this partnership will be more than just airdropping.
The CEO said in early Dec that there has been at least 10 other projects showing interests in joining the LoMo ecosystem seeing the success from CFun.
LoMo's sister exchange, Xstar, has finished their beta testing. Will launch in the next 2 weeks (no source, it was on the Xstar Telegram channel). They did not give a firm date but we know is in the next 2 weeks.
