A story of a vision let loose by weight of expectation: Humaniq’s year in review
Almost a year ago Humaniq released its App, starting out in just 5 countries and containing barebones functionality. Today the situation is very different, and the anniversary of the App is the perfect occasion to reflect on what we did so far.
Our new annual report sheds light to the path that took us here, uncovering often-asked details about our user base and development process. The journey of Humaniq App started on November, when it was released on Google Play. With the wallet initially available in just a small set of 5 countries, we advanced to launching in 46 nations, including 22 African nations from east to west, north to south; and from Asia to Latin America.
Of course it’s not just the availability that improved, as the App has seen a wide range of features and improvements being added to it, such as transitioning to the Hybrid Blockchain, adding fully-fledged chats with direct payment features; internal support channels and AI help bots; an in-app educational channel; Business Chats for selling goods and services, and, coming soon, a new marketplace: the LocalHumaniqs P2P exchange.
The report covers so much more than just the features of the App. We’ve released detailed figures about our development process and results, and perhaps more importantly, our Daily and Monthly Active Users statistics (commonly shortened to DAU and MAU).
In the spirit of full transparency, transaction statistics are also present. Together, these figures give valuable context to our recently-achieved milestone of 500,000 users.
The business activity from this year has also been covered to the smallest detail: every partner, every conference and every award we received are arranged in an easy-to-read structure, showing just how far we moved in this direction over this period.
To introduce all of this amazing information is a statement from Humaniq CEO Alex Fork, delivering an inspiring vision of what happened, and what’s about to come. An excellent read, especially for someone who never heard of Humaniq before.
Looking ahead to the future
What we did so far is of course only the beginning. Building on what we have achieved to date, Humaniq App will offer a blue ocean of financial services. As our community grows, this will provide ever-greater opportunities to transact, including to marketplaces that are currently hard to reach and over borders that are hard to cross, and new opportunities to borrow, save, invest and insure, seizing and maximising new prospects and protecting against risks. The potential of the peer-to-peer economy is limitless, as new people connect and ideas proliferate. The individual will be the driving force for change, assisting fellow humans in whatever they may need.
It’s important to always keep the overarching mission in focus, while slogging through the development of the backend, or addressing the cultural attitudes in our target markets that may not always include investment and saving. What makes Humaniq unique is our focus on emerging markets, especially Africa. Prioritising these underdeveloped regions is not for everyone, and while we have achieved significant results, the technological take-up, while rising inexorably, is not happening overnight.
You can read the report here.
Any questions or feedback? We’d love to hear your thoughts. You can let us know on Twitter, and join our Telegram to discuss this and other news from the Humaniq project!
