Icetea Platfrom Monthly Recap - January, 2021

Dear Icetea drinkers,

The first month of the year 2021 was a blast! We would like to highlight some big Icetea events for your quick review.


1. Business and community development

Icetea Platform officially signed a strategic investment cooperation agreement with Rikkeisoft - one of the leading information technology companies in Vietnam in which we received long-term investment from Rikkeisoft in order to expand the market in Japan and develop the ecosystem.

We completed the Swap token - Seed round successfully with the number of 269.5 ETH, equivalent to 339,571 USDT (Rate at the time we announced) within 5 days. Thanks for your great support and active participation!

2. Product development

As you may know, Icetea Core Blockchain is currently based on Tendermint. However, we are investigating the case to replace Tendermint engine with Polkadot’s substrate (DOT). Polkadot is a multi-Chain technology, heterogeneous, and scalable platform so it will be fit with our future product development.

Some significant Icetea Core updates:

  • Recalculated the benefits and rewards for Icetea validators and other relevant parties
  • Discussed with advisors on updating tokeneconomics
  • Upgrade Icetea ID to enhance the security

And don’t forget to check out the HR management and internal marketing application built by the Icetea team - TeaWork that is being deployed in two technology companies: Viet InterActive and Ekoios, respectively, in the field of martech / comtech and infrastructure with a company size of up to 100 people. TeaWork app is available in both Android and iOs devices. In last January, we focused on developing “Holidays" feature (allowing employees to follow up with the future scheduled holidays and vacations approved by the company) and “Timesheets" feature (allowing HR to keep trach of day-offs, sick leaves and employee diligence).

3. Life at Icetea Platform

To get to know us better, let’s meet our Founder & CEO Thi Truong to learn the reasons behind Icetea Platform’s foundation.


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