Comdex Progress For The Year 2021

Welcome to the year 2022 ! Last year witnessed a whirlwind of events happening in the Comdex ecosystem and we shall be taking some time to review some of those activities; from the launch of the mainnet, to the release of the CMDX token and even the installation of the Comdex Cadets. Without further ado, let’s begin our journey.

One of the major events that happened for the Comdex community last year was the launch of the mainnet. The event took place towards the end of the year, the month of November to be precise, and was indeed delivered in grand style. The launch was in the form of of a party event that gathered an array of experts in the Cosmos ecosystem. These experts were involved in different panel discussions exploring the future of the crypto industry, as well as other issues.

Moving into the year 2022, the next step for Comdex following the mainnet launch will be a platform launch. This will be the first opportunity for community members to gain access to a completely new asset class via synthetic commodities. Watch out for it !

For those who missed the panel discussions or would like another watch of the event, just click on this link: www.youtube.com/watch?v=UTNKMjydIFA

Comdex registered its presence in the 2021 DecentralCon event which was hosted in Miami. The team that represented the project was led by none other than the Co-founder and COO, Siddarth Patil. The Co-founder and COO was also involved in a panel discussion with other leaders in the industry. Comdex’s involvement in such events puts them in a very strategic position as they get to influence the mindsets surrounding blockchain development, synthetics and commodities. As a bonus, the project gets a publicity boost as more people get to learn about what they do and see the brilliant minds behind the work. Hopefully, we will get more of Comdex’s involvement in events like this as time goes on.

Shortly after the mainnet launch, Comdex kicked the CMDX campaign into full gear by raising awareness in the community, as well as educating them on the use case and utility for the native token. As part of the campaign, the Comdex team launched an airdrop for holders of XPRT, OSMO, ATOM and LUNA to get an opportunity to get obtain some CMDX. The aim was to garner as much awareness as possible within the larger communities in the Cosmos ecosystem and ensure that the token got a wide distribution before the actual launch of the token.

The token was finally released using the Liquidity Bootstrapping Pool (LBP) method on Osmosis DEX. The choice to use LBP for the token launch was made with the community in mind, with this method there were little to no barriers to entry as members of the community got the opportunity to purchase some of the token at the price level they considered fair. As at the time of this writing, the CMDX token can be staked on Unagii, Omniflix and Cosmostation; while having two dual reward liquidity pools on Osmosis DEX with rewards being paid in OSMO and CMDX.

One of the last events of 2021 that occurred in the Comdex ecosystem was the launch of the Comdex Cadets, the official ambassador program for the project. The ambassador team will be made up of a group of dedicated individuals that will take on the task of creating content, putting out the vital information concerning the project, as well as getting involved in conversations that surround Comdex. Applications are already being reviewed to select these individuals to represent the Comdex project. While applications are already closed, you can still watch this space: https://ambassador.comdex.one/ for future opportunities to be part of the program.

Comdex really put out a lot in 2021 despite the space of time they were actively in operation. You can be sure that 2022 will not fall short of expectations, bringing another round of excitement as the year rolls out. Watch this space as we shall be bringing news on the updates as they occur !