Dear Biswap family,
Another year has come and gone. As we’re getting closer to the new year, it’s a perfect time to reflect on our progress so far and our plans for the upcoming year. But before we start, I would like to take a moment here to extend a note of gratitude for your unswerving love for Biswap in the year 2021.
We are where we are because of you, and with you.
Thank you for being with us in 2021. Biswap would not have been able to achieve such magnificent results without your support. Hence, it’s an honor for me to be writing this letter to you on behalf of the whole team. I would like to take this opportunity to take a look at our progress and the road ahead in the upcoming year 2022. So, let’s have a quick look-back at the various events that marked our calendar in the year 2021.
Reflecting on 2021
Our growth over the year 2021 has been a cumulative outcome of the efforts of every individual associated with us. We have been able to navigate through the ups and downs of our project journey with your support.
As our project has grown, so has our belief in Biswap’s role and vision for impact in the world. Our strong values have guided us through this past year. Ultimately, everything we do is grounded in a greater purpose: to bring freedom of exchange to all people across the globe.
Everything we do at Biswap is driven by and for the community. And now, we are proud to share our biggest accomplishments of 2021 that were only achievable because of your support and trust in us.
Here are just some of our striking achievements in 2021:
- Total Value Locked (TVL): $780 610 925
- Average trading volume (24h) : $327 513 463
- All-time trading volume: $31 339 127 173
- BSW token holders: 99 603
- BSW token transfer: 12 737 795
- Average BSW token volume (24h): $21 456 764
- Average DAU: over 20 000
- Average MAU: over 200 000
Even though we’re only 7 months old, Biswap has furiously grown from an exchange platform with a few trading pairs to a platform with its own ecosystem. Some of the milestones that we have already achieved together and can be proud of are as follows:
- Biswap’s specific NFT collection
- NFT Launchpad
- NFT Marketplace
- NFT Staking
- Initial DEX Offering (IDO)
- Biswap Lottery
- In-house P2E NFT game
- 2nd DEX on BSC by trading volume, liquidity and TVL
- Over 50 partnerships with various top players
- Launch of the Global Incentive Program
- Winners of MVB2 organized by Binance Smart Chain
- A part of MVB3 Voting Committee
- Having Binance Labs as our strategic investor
- Listing of Squid NFT players on Binance NFT Marketplace
And that’s just the beginning of our crypto journey!
We are proud to have a flawless customer support mechanism that caters to the needs of our massive community of users. In 2021, we had the opportunity to resolve many user concerns effectively alongside introducing new advancements in customer support.
We were able to use proactive approaches for understanding customer’s complaints to identify the problems efficiently before taking the appropriate remedial action. As a result, we noticed a formidable growth in the client retention ratio. Most important of all, we continued increasing our customer support headcount for resolving customer complaints in the least amount of time possible.
Looking Ahead as 2022 Is About to Begin
With so many achievements in a single year, we definitely have a lot of expectations moving toward the next year. The year 2021 helped us expand our wings by riding on the winds favoring freedom of exchange. Now, we want to take a leap ahead and bring noticeable advancements in our services.
In closing, you have my word that our focus will be on:
- Listing on the main CEXs
- Implementation of charts on the exchange page
- Implementation of limit orders
- Becoming a multi-blockchain DEX
- Enhancing Squid NFT World
- Improving our NFT Marketplace
- Providing exclusive opportunities for BSW holders
- Implementing new innovative Launchpad system
- Improving our UX/UI
We have been able to develop in terms of infrastructure, customer reach, product portfolio, and employee onboarding in the course of 2021. Now, we are looking forward to achieving more milestones in our journey in the year 2022 and continue our journey toward success.
Every team member, partner, and user involved with Biswap deserves a special note of thanks for their role in supporting us through such a long journey. Building on the strengths of our technical capabilities and your support, we want to step in the year 2022 with many new aspirations.
I am truly optimistic and deeply excited about the future of Biswap. I am convinced that, together, we can reinvent how decentralized exchange platforms run. Biswap has always been and will remain unwaveringly focused on our users and will always act in their best interests.
Our team is firmly confident that Biswap can be the world’s leading decentralized exchange platform and set a course for a new era of innovation and technological leadership in this landscape of tremendous change. We may look different from our past in many respects, but we will always remain dedicated to excellence in technological innovation and execution.
Biswap has four priorities that will fortify our leadership position:
- Be the leader in every category we compete
We have a strong product roadmap that highlights the power of integrated design and manufacturing to create truly differentiated products. But we must move faster to outpace the competition where we are the established leader, take share in adjacent segments where they are strong, and learn and capitalize on new opportunities more quickly with data and analysis driving decision making.
2. Passionately innovate with speed and boldness
We will be a source of continuous innovation through world-leading products and leading process technology. We will continue to pursue radical areas to innovate as successful projects require innovation to keep up with evolving demand.
3. Execute flawlessly to our commitments
We must demonstrate that customers can rely on Biswap for their products and their strategies for the future. We will continue to ramp our portfolio with new, innovative and demanding products & services, while ensuring timely delivery and high-quality execution. Biswap has always been and will remain your trusted partner that cares deeply.
Happy New Year Everyone!
On a final note, I thank all of you for your time to read this letter. 2021 brought a lot of opportunities for our progress and the credit goes to our dedicated team of innovative brains and our invaluable users that trust in us. As we have achieved our 2021 goals successfully, I hope 2022 will continue to give us the boost that we need in the long run. Your support will help us settle in as a leading DEX platform on the market.
Most important of all, we have been successful to maintain our resilience during tough times. At the same time, we have also strengthened our resolve to fight against all odds. Furthermore, our focus on creating value for our community always kept us motivated for the better. This spirit underlying our operations will continue to motivate us for the same in the future.
We’re proud of the successes we’ve seen, but we know the work is just beginning. We will always challenge ourselves to do better. Our goal is, and always will be, for Biswap’s users and purpose to come together for good. Here, at Biswap, we will never stop striving for better. Our purpose will always guide us, and our values will always push us forward — toward that better future we believe in.
Biswap will always remain committed to being your partner in all aspects, to be here when you need us, provide you with leading edge technology, offer innovative products & services and everything else needed to ensure success now and in the future.
I believe deeply in this project and the powerful future we will create together. Our best days are in front of us.
As we embark on another year, I am very pleased to extend my very best wishes to you and your family for health and prosperity in 2022. I would like to wish you, your family, and all your loved ones a very Happy New Year 2021. May the New Year bring new wonders into your life!
Robi and the Biswap team
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