2022 - Market Research and Initial Development

Focused on understanding the market, developing initial prototypes, and laying the foundation for future growth.

Q1 2022 - Market Research and Proof of Concept

• Conduct extensive market research to understand user needs and preferences.

• Analyse competitive landscape to identify key differentiators and opportunities for THAT.

• Develop a proof of concept (PoC) for the THAT blockchain and digital wallet.

• Engage with potential early adopters to gather initial feedback and refine the project vision.

Q2 2022 - Concept Development, Planning, and Seed Funding

• Develop a detailed project plan and roadmap based on market research insights.

• Transition from PoC to prototype stage for the THAT blockchain and digital wallet.

• Secure seed funding to support market testing and early stage development efforts. $150k USD secured from Olcha Software at $7.5M USD valuation.

• Form strategic partnerships to support project goals and ensure access to necessary resources.

Q3 2022 - Prototype Development and Initial Testing

• Commence initial development of the THAT blockchain (Testnet V1) and digital wallet MVPs.

• Develop a CMS merchant interface in the THAT app for business listing management.

• Begin internal testing and feedback loops with early adopters to guide iterative improvements.

• Release iOS & Android Beta THAT apps to test experimental features. Gathered feedback from 200 participating businesses during testing phase. Onboarded 13,000 active test users during testing phase.

• Launch a static THAT webpage to showcase the project’s vision and attract initial interest.

Q4 2022 - Refinement and Stakeholder Engagement

• Refine blockchain and wallet prototypes based on beta testing feedback

• Engage with potential business partners and stakeholders to gather input and support.

• Prepare for 2023 activities, including regulatory compliance and presale preparation.