2022 a pivotal year for StrikeX

As 2022 draws to a close, we look back at what has been an eventful year throughout the industry and a pivotal year for us here at StrikeX. 2022 began with an air of optimism that the highs of autumn 2021 would soon return and that markets would continue their ascent to all-time highs; however, with geopolitical conflicts and rising inflation looming, it soon became apparent this would not be the case.

Events which saw markets tumbling, such as the collapse of Luna and the demise of crypto behemoth FTX, paired with the external economic pressures triggered by global events, left retail investors reeling and BTC languishing at a 2-year low.

Flying in the face of industry turbulence, StrikeX has blazed a path through negative market sentiment, continuing to build on the promising vision laid out in 2021. No longer a ‘speculative bet’ with an untested leadership team, StrikeX has shown resilience and dogged determination to succeed in launching the first of our range of blockchain-powered products, to become a revenue-generating financial technologies company.

Autumn 2022 saw the launch of our StrikeX | DeFi Crypto Wallet, available now from the AppStore and Google Play, giving cryptocurrency holders the tools they require to self-custody digital assets, away from centralised exchanges, securely in an attractive, slick multi-chain DeFi wallet. With approximately 6,000 downloads and counting, a host of exciting new features and a greater focus of marketing pending, the StrikeX Wallet is well positioned to establish itself as a serious contender to become a future market leader.

Following the successful launch of our first revenue-generating product, the launch of our second DeFi offering, TradeX, draws near. Originally earmarked for a Q4 2022 launch, the TradeX | DeFi Crypto Exchange has successfully completed its first round of Beta testing with no major issues found. Giving cryptocurrency users a desktop-based trading station to study detailed charts, buy, sell, swap & stake cryptocurrencies, it is the perfect complement to our already live StrikeX Wallet. TradeX will now go live in early Q1 2023, upon completion of Beta testing.

It is with great pleasure I can inform you that after 18 months of development, our flagship product, TradeStrike | Digital Asset Exchange, is now approaching its final sprint. It has always been our mission to build a blockchain-powered trading platform which offers the intuitive, familiar UX of a more traditional stock trading platform paired with the innovative features only available in cryptocurrency. Utilising tokenization, TradeStrike will offer a diverse and accessible asset range, initially focusing on cryptocurrencies and public stocks, expanding to a myriad of other real-world & digital assets. Unique to the StrikeX eco-system, we have the opportunity using our StrikeX Wallet to integrate with our TradeStrike platform to innovate in self-custody solutions, allowing the seamless transition from CeFi to DeFi, affording our users the option of taking custody of their cryptocurrencies stock tokens and other digital assets.

As we move into the new year, further product launches and new development announcements set 2023 up to be a breakout year for StrikeX. Further to the launch of our flagship product, the development of our custom-made POA blockchain and ground-breaking stock token bridge will see StrikeX show its true potential for genuine industry-wide disruption. This culmination of our products will see our STRX token go from being one of many tokens on the BNB chain to a highly used utility token native to its own chain. From use in cryptocurrency and stock token transactions, to payments of gas fees, the STRX token will have the potential to be truly incomparable to any other cryptocurrency to date.

Whilst 2022 may have been a year many crypto enthusiasts would like to forget, at StrikeX, it has been an invaluable 12 months in which we have continued to build towards a bright future. I would like to extend my gratitude, on behalf of the StrikeX team, to all those that have shown their continued support to the project; we really could not succeed without you. We wish you good health and a happy new year; here’s to 2023, a year we’ll never forget.