# Own X Spaces Summary: Own Progress briefing

By [Own ](https://paragraph.com/@ownnetwork) · 2025-07-28

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**Hosted by:** Own Network

**Speakers:** José Pereira and Aigerim Omarbekova of Own Network alongside Nick and Chris of Cheeky Crypto

**Date:** July 4, 2025

**Full Video Recording:** [https://x.com/i/broadcasts/1eaKbWzQaPXGX](https://x.com/i/broadcasts/1eaKbWzQaPXGX)

**Welcoming Aigerim**

We’ve welcomed Aigerim to the marketing team! With a strong background in FinTech, crypto and DeFi, she’s excited to help scale the project and connect with our amazing

community.

**Massive Growth**

Fasset has hit some incredible milestones: $1 Billion year-to-date trading volume. 400,000 users across 125 countries. 65% month-on-month growth.

**Upcoming Product Launches**

A Fasset crypto debit card is set to launch at the end of this month (July 2025), allowing you to spend your assets directly from the Fasset app. Complete Gold Product (September 2025): We’re launching a gold product that offers yield. A key feature will be the ability to redeem your digital gold for physical gold at major retailers in the UAE.

**Token Launch Strategy (TGE)**

The [$OWN](https://x.com/search?q=%24OWN&src=cashtag_click) token launch is planned forOctober 2025 with a DEX-first approach on Ethereum. — It will also launch on the Fasset app before any centralized exchange listings to ensure fair price discovery with recent issues with launches on CEX’s.

[**$OWN**](https://x.com/search?q=%24OWN&src=cashtag_click) **Token Utility**

The token already has day-one utility for Fasset’s 400,000 users. A major benefit for holders will be receiving a50% discount on trading fees on the Fasset app. 25% of all trading fees generated on Fasset will be used to buy back and burn [$OWN](https://x.com/search?q=%24OWN&src=cashtag_click) tokens from the market.

**On Competition (like Robin Hood)**

Robin Hood’s entry into tokenized stocks is viewed as a positive validation of our business model. It helps educate the market and drives demand, particularly in regions where they can’t operate and Fasset already has a strong presence.

**Community & Marketing**

Our “If you know, you know” campaign has a $40,000 reward pool and has seen huge engagement, with over 500 entries last week. We are co-building with our community and have more partnerships and educational campaigns on the way.

**Thanks community for your continued support and engagement in all things Own and stay tuned for more exciting updates in the coming weeks and months.**

**Own Network —** Pioneering blockchain infrastructure to make real-world assets instant, global and programmable forged by Fasset

[**https://www.iown.xyz/**](https://www.iown.xyz/)

**X** [**https://x.com/own\_xyz**](https://x.com/own_xyz)

**Discord** [**https://discord.gg/ownxyz**](https://discord.gg/ownxyz)

**Telegram** [**https://t.me/Ownxyzofficial**](https://t.me/Ownxyzofficial)

**Fasset** [**https://fasset.com/**](https://fasset.com/)

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*Originally published on [Own ](https://paragraph.com/@ownnetwork/own-x-spaces-summary-own-progress-briefing)*