Update from Paul Neuner. Hi everyone.

03 Nov 2020, 02:44

Update from Paul Neuner Hi everyone. I know there has been a lot of anticipation building, so I wanted to update the community directly on the current status. We are delaying our public release a bit, but actually progressing very well to the end goal. We are happy to announce that we released the second version of our beta remittance application on Friday, and have begun real money transfers to GCash today. We appreciate everyone’s patience and will follow up later this week on the experience and test results. We have decided to delay our public release until the next beta version cycle at the end of November. I know that won't make the community happy, but I think it is the responsible decision. The main reason for this delay is actually a positive one, which is that we are ahead of schedule in our Android development, and expect Android to be caught up to iOS by the end of this month. We have always billed ourselves as caring deeply about financial inclusion, and we’d be leaving too many people behind with an iOS only release - Android makes up more than 82% of the smartphone market in the Philippines. The original plan of the previous team was something I was never very excited about frankly - an interim iOS-only remittance release, whereby the recipient does not use the Telcoin App (and funds go directly into the recipient's GCash or other partner e-wallet balance). We have successfully completed this original plan and will share this with everyone. But upon further deliberation, I decided that it doesn't make sense to publicly release a version that we are going to dump a month later. We want people using the Telcoin App on both sides of remittance corridors, and want to go straight to this full end-to-end experience. In terms of our road-map, we are still on course, but are simply bypassing a public release at this interim step. I know people want to see a public release as soon as possible, but we want to do this in the most responsible and effective manner. If anyone has questions in the meantime, feel free to post them to CMs and I will try to address them in our upcoming Community Update which will share this new version with everyone. Thanks again for everyone's patience and continued support!