UPR launch, free seeding, Binance Smart Chain, ETH payments, staking, governance, and expansion of the team

Flashback to early 2020: When Ethlend realized they had more than just a lending platform, they initiated a rebrand. They had realized that their product wasn’t just about lending, it was something much bigger- a bank. Rather than targeting a small niche like lending, Ethlend decided to transition to Aave and take on the entire banking industry with a decentralized alternative. That rebrand mirrors what Upfire intends to do- target the entire torrenting ecosystem and augment it by adding ETH-based rewards for seeders, while still retaining the benefits of the old system.

What is Upfire?

Upfire is an innovative rebrand and expansion on Upfiring that will completely change the dynamics and usability of the existing Upfiring application. Upfire will be an entirely new product that seeks to serve as an upgraded version of traditional torrenting that incorporates blockchain, rather than a replacement for the current system. This will give users the option to torrent on both normally, but add advanced blockchain aspects to the process that will allow content creators to profit from their own work directly.

We are completely redesigning the application to function seemlessly irregardless of the any network’s transaction fees. Let’s dive into the rebrand and look at what is being developed.

Binance Smart Chain

Upfire will first launch on Binance Smart Chain with a bridge from ETH to BSC for UPR. This will serve as the initial breeding grounds for use of the dapp, and allow for files to be transacted with an extremely low transaction fee. Binance Smart Chain is incredibly easy to use and directly models itself after ETH, so the onboarding process for users will be simple.

Upfire — Features

Upfire will be an open-source dapp, and all development can be tracked on Github here: https://github.com/UpfiringHQ/Upfire. Development is already underway, and we are a few weeks away from moving forward with the transition and release.

Here is what’s coming packaged into the initial launch of the dapp:

Free Seeding

Modeled after the traditional BitTorrent protocol, Upfire’s free seeding will be a quick and easy way to onboard new users. Free seeding mean the dapp has no barrier to entry, since anyone can download and start seeding files to support the community and grow the content-base.

Paid Seeding & BNB/ETH Payments

One of the biggest changes from Upfiring to Upfire is the method of currency used within the dapp’s ecosystem. Rather than using an ERC20 token, Upfire will utilize BNB/ETH as its primary method of fueling the paid seeding aspect of the dapp. This will create an economy centered around ETH, which is a huge change from requiring all users to buy a token (UFR) on Uniswap as with the old protocol.

Staking

Staking will be one of the most important drivers that will encourage long-term holding of the UPR token in the dapp. Users will be able to load their wallets into the dapp and stake their UPR on the wallets tab. Every time a transaction in the dapp occurs, 5% of the ETH will go to the UPR staker’s pool. Each user who is staking UPR will split the ETH in the pool based on the proportion of UPR they own relative to the entire pool.

Liquidity Mining

We will implement liquidity mining on Unicrypt on a much larger scale in order to ensure there is sufficient liquidity on Uniswap for the UPR token.

BNB Wallet

The dapp will include a fully-functional BNB wallet that will be capable of storing BNB and a bridged-version of the UPR token.

There are several features on the Upfire Roadmap that will be prioritized following the launch of the dapp:

ETH Network Integration

We plan to integrate ETH into the dapp and offer solutions for using both networks. Paid files will either be released on the ETH network or BSC network, and users can switch their network and purchase files on that network.

xDai- Layer 2 integration

When ETH is integrated into the dapp, we will implement it on xDai in order to deal with the high network fees. On xDai, transaction fees will be fractions of a penny, allowing for users to transact freely on the network.

Governance

In the future, the Upfire project will be 100% decentralized, with the existing team serving as just another contributor to the project. Full information on the Upfire Governance System will be released in its own post.

Treasury Integration

The Upfire Decentralized Treasury will have control over a supply of UPR tokens, with a set issuance each year, chosen by token holders and voters. More information is below.

UPR Token

Total Supply: 1,000,000,000 UPR

Swap amount: 1 UFR — -> 10 UPR

We will be having a token swap, UFR → UPR, upon the launch of Upfire this week. UPR will be a utility and governance token, used to give users full control over the Upfire platform.

The UPR Decentralized Treasury

Upon implementation of the treasury, a large portion of the non-swap UPR will be transferred into the treasury smart contract. The treasury will then set a yearly emission rate for the UPR token. UPR holders will then be able to take full control over the project by creating and voting on proposals regarding the expenditure of UPR and the overall direction of the project. Because Upfire is open source, users can choose to hire more developers if they feel development speed or progress needs to be increased. They can also create marketing events and gain funding for them if needed via the treasury.

Upfire (UPR) Tokenomics

Total Supply: 1,000,000,000 UPR

User swap tokens: 240,000,000 UPR

Development: 200,000,000 UPR (To fund the continuous development of Upfire)

Liquidity Incentives: 100,000,000 (Used to boost liquidity on Uniswap and other decentralized exchanges via Unicrypt)

Marketing, Airdrops, Growth: 200,000,000 UPR

Exchange Listings, OTCs: 260,000,000 UPR

If you have any further questions about the project, feel free to post on our community pages or send us an email at support@upfiring.com. Come join us over on the official Reddit, Twitter, Bitcointalk, Telegram, and Discord as we start on a new mission to change the future of P2P file-sharing.

UFR DeFi Liquidity Farming Event Overview

On December 1st, 2020 at 6 PM EST, we will be launching a liquidity yield farming event on Unicrypt. Over the course of 50 days, 100k UFR will be distributed amongst liquidity providers on Uniswap in direct proportion to the amount of UFR/ETH they stake on UFR’s Uniswap Liquidity Pool, which amounts to 2000 UFR per day split amongst all participants. Anyone can add liquidity on Uniswap and partake in this farming event. It is recommended that you start staking now in advance of the start date so you can maximize your UFR earnings and start earning from the first block when the event goes live. In the next section, we will go over how you can stake your UFR on Uniswap and earn both farming UFR and additional UFR + ETH from transaction fees from the UFR/ETH Uniswap market.

Step-by-Step Instructions to Participate and Earn UFR

1. Go to Uniswap’s UFR/ETH pair and add equal amounts of UFR and ETH to the pool. You will need to have your UFR in Metamask or another Uniswap-compatible wallet to do this.
2. Once your UFR and ETH are staking on Uniswap, navigate to Unicrypt and click on “Farm UFR” to expand the tab.

3. Once the tab has expanded, you will see how many UNI-V2 tokens you have to stake. These are the tokens Uniswap gives you to represent the tokens you are staking in the UFR-ETH liquidity pool. Click on the blue “Stake” button and then click on “Approve”. Send the Approve transaction and wait for it to confirm on the blockchain.

4. Once the Approve transaction is confirmed, enter the amount of UNI-V2 tokens you would like to stake or press “MAX” to stake them all (recommended). Then click on “Stake” and send the transaction to the blockchain.

5. You’re done! Refresh the page and you can see how many UNI-V2 tokens you are staking, your pool share, and more! You can also click on “Farm Info” to view more information about the farm and see the APY (yearly % earnings) that you’ll be earning once farming goes live. You can withdraw your UNI-V2 tokens at any time and return them to Uniswap in exchange for your UFR and ETH.

When farming, you’ll be earning both a piece of the 2000 UFR farm rewards per day in addition to transaction fees from the UFR/ETH Uniswap market. You can view your UFR and ETH earnings from Uniswap transaction fees by entering your address here once you are staking your UFR and ETH on Uniswap. Happy farming! 👨‍🌾

Don’t forget, you can also participate in the Upfiring Seeding Competition to earn even more UFR by seeding files in our dapp. You can download the dapp on our website and share your SC1 and SC2 files here. Be sure to read the instructions in the link above (or click here) to be sure you are maximizing your potential for UFR earnings!

The first Upfiring stress test provided valuable insights regarding the dapp’s performance with a high number of users and seeders. We had 7files with over 100+ seeders, and several other small bonus files available in our Telegram. This Upfiring Seeding Competition will serve as Stress Test 2. It will feature the reverse of Stress Test #1 — many files (all hosted by participants) with fewer seeders. Here’s the guidelines for the competition:

Rules and Guidelines

Length of Competition

48 days. It will run from Wednesday, November 18th, 2020 at 6 PM EST to Tuesday, January 5th, 2021 at 6 PM.

How To Participate

1. Download the Upfiring dapp and create 2 files in it (Under Upload, the first tab).

• The first should have SC1 in the name, and other than that can be anything you want. For instant, SC1 MyFile. The price of this file must be 1000 UFR.
• The second should have SC2 included in the file name. The price of this file must be 500 UFR.
• The files themselves can be any content you wish, as long as it is over 1 MB in data. This is to ensure that data is retrieved from most or all of the seeders during the download/decryption process. Examples of content can be an mp3 (longer than 1 minute), a video, a .zip folder with pictures, etc.

2. List your two .ufr files on files.upfiring.com. After listing your files, you will be able to share the link to your files with others.

3. Share your files with as many other people as possible. The more seeders your files accumulate, the higher chance of you placing in the top of the competition/having your files decrypted. People who seed your files will also have an opportunity to earn UFR rewards if your file gets decrypted, so it will benefit them as well.

Rewards Day

On, Tuesday, January 5th, 2021 at 6 PM:

• The top 15 SC1 (1000 UFR) files with the highest number of seeders will be unlocked by the team
• The top 25 SC2 (500 UFR) files with the highest number of seeders will be unlocked by the team.
• In addition, several random participating files from files.upfiring.com will be unlocked each week for the duration of the competition, so even if you don’t win, you can still earn UFR by seeding your files for the duration of the seeding competition! We will post about which files were unlocked each week in the Telegram or on Twitter.

How Rewards are Calculated

When a file is unlocked, the original seeder (you) will receive 50% of the rewards — so in 500 UFR for SC1 files and 250 UFR for SC2 files — and the other seeders will split the other 50% of the rewards. This incentivizes others to help you accumulate more seeders, as they can get a cut of the files as well!

In the event that the decryption key for the file is unavailable or Ethereum gas fees spike beyond 200 gwei, the unlock date may be moved forward. If network activity remains excessively high for a long period of time, file owners will receive the UFR directly to their dapp UFR addresses.

We are looking forward to seeing how this competition affects dapp activity and usage. If you have any further questions about this event, please contact Tyler on Telegram (@tylerfallon) or email support@upfiring.com.

On Wednesday, September 23rd, 2020 at 5 PM EST, the first of three UFR stress tests will commence. All participants who seed the stress test files in the Upfiring Dapp will be rewarded with UFR.

The 5 UFR Stress Test Files Are Available For Download/Seeding Now

Here are the download links to the 5 Stress Test UFR files (available on files.upfiring.com):

Stress Test File 1

Stress Test File 2

Stress Test File 3

Stress Test File 4

Stress Test File 5

You will need the Upfiring dapp, available on upfiring.com in order to participate in the Upfiring Stress Test event.

Overview

The Upfiring Stress tests will evaluate Upfiring’s ability to support files with large numbers of seeders and properly distribute UFR between all active seeders on a file. It will also test out the networks capability to have many files decrypted in a short period of time. There will be 3 major stress tests in the coming months. The first one will occur on September 23rd, 2020 at 5 PM EST. This will be the first time any P2P file-sharing dapp running on a blockchain has had a major stress test.

Seeding Accumulation Phase — September 18th to September 23rd

From today until September 23rd, 2020, users will have time to download the Upfiring Dapp, download the stress test files, and become seeders on those files. If you have any issues downloading or seeding these files in the coming days, please contact support at support@upfiring.com and we will promptly assist you.

Stress Test — Unlocking the files, rewarding all seeders

On Wednesday, September 23rd, 2020 at 5 PM EST, the 5 UFR files, each worth 100 UFR, will be decrypted one by one by our team. There will be a few minutes in between each decryption to gather community feedback and assess how many seeders received the rewards, how much the reward was for each seeder, and other relevant data.

UFR Rewards

The total amount of tokens rewarded to seeders directly from our team’s decryptions will be 500 UFR. In addition, some other individuals and entities have stated that they will be contributing to the Stress Test by also decrypting some of the stress test files. If more users contribute to the Stress Test by unlocking the UFR files, this will increase the rewards of the Stress Test drastically.

Results

We will release an analysis of the results after the Stress Test. If the dapp passes this test, we will move on to Stress Test #2 in a few weeks to further test the limits of Upfiring — larger/more files and increased UFR rewards.

This is an exciting time for this project. We have a ton of events planned in the coming months and would love to have you join our communities and be a part of our project’s growth. You can get UFR on Uniswap here. Check out our social media pages: Telegram, Upfiring Forums, Reddit, Twitter, Bitcointalk, and Discord as we continue our mission to change the future of P2P file-sharing.

The First Upfiring Stress Test: Wednesday, September 23rd, 2020 was originally published in HackerNoon.com on Medium, where people are continuing the conversation by highlighting and responding to this story.

With Upfiring 1.2.2, seamless decentralized P2P file-sharing is now possible on the Ethereum blockchain. With our product ready for user adoption, the project’s focus will be shifting towards towards community growth and marketing for the second half of 2020.

Upfiring 1.2.2 Release — August 24th, 2020

Upfiring 1.2.2 has been deployed and is available for download on upfiring.com. This update fixes an important connection issue that will improve the dapp’s ability to discover and connect to other peers/seeders on the network. Upfiring 1.2.2’s release will ensure the dapp is ready for a growing userbase of downloaders and seeders in the coming weeks. Existing Upfiring dapp users will be prompted on application launch to update their application, or they can navigate to the “Settings” tab and click “Check for updates”, as seen below.

Important Link Updates:

• ufr.exchange now allows you quick access to the UFR-ETH market on Uniswap
• ufr.chat links to our forums, which have been relaunched and will be further updated this week
• upfiring.com homepage will be updated this week with new links/information as well

Marketing

• Dapp Stress Tests
• Upcoming AMAS
• Influencer Marketing
• The Upfiring Blog, Press Releases, & SEO campaign
• Expansion of the Upfiring Dapp Documentation
• File-Sharing website outreach
• Community-run marketing group and community contributions
• Paid advertisements

EVENTS

Upfiring Dapp Stress Tests (3)

The Upfiring Stress tests will evaluate Upfiring’s ability to support files with large numbers of seeders and properly distribute UFR between all active seeders on a file. It will also test out the networks capability to have many files decrypted in a short period of time. There will be 3 major stress tests in the coming months. Note: The amount of UFR offered during these events is subject to change if the UFR price fluctuates significantly. In addition, pending the results of each of these stress tests, the dates are subject to change as well.

Stress Test 1: 500 UFR Total — Sunday, September 20th, 2020 at 5 PM EST

• 5 .ufr files, each worth 100 UFR, will be created by our team and distributed via our social media pages one week prior to the stress test (September 13th to September 20th)
• We will decrypt the files one by one, rewarding all participating seeders with a share of the UFR equal to 100/# of seeders for each file

Stress Test 2: 2,000 UFR Total — Sunday, October 4th, 2020 at 5 PM EST

• The results of Stress Test 1 will be analyzed and the procedure of Stress Test 2 may be adjusted if necessary
• 10 .ufr files, each worth 150–250 UFR, will be created by our team and distributed via our social media pages one week prior to the stress test (September 27th to October 4th)
• Files will be decrypted as with Stress Test 1

Stress Test 3: 5,000 UFR Total — Sunday, October 18th, 2020 at 5 PM EST

• 50 .ufr files, each worth 50–150 UFR, will be created by our team and distributed via our social media pages one week prior to the stress test (October 11th to October 18th)

Upfiring’s Upcoming AMAS (Ask-Me-Anything) & Appearances

In an effort to expand the size of our community and introduce new users to Upfiring, we have been working with closely with several Telegram groups, Youtubers, Discord groups, and influencers to plan several major events for this project. The following groups will have AMAs for Upfiring in the coming weeks. Any TBD dates will be announced via our social media when they are set:

• GosuTV, Korean audience — set for Wednesday, September 9th at 9 PM EST
• TheGemHunters, a 2500+ Telegram group — set for Sunday, September 20th at 2 PM EST
• @cryptowindonesia, an Indonesian audience of over 7500+ people, translator will be used — date pending

In addition, we plan to appear on several Influencer’s Channels in September and October including:

• CryptoWendy (date set)
• Several other major appearances are set, and we cannot disclose them until the air date!

The Upfiring Blog, Press Releases, and SEO campaign

SEO is one of the primary ways people discover new and growing projects. Upfiring will begin an SEO campaign that will focus on increasing the overall quantity of content released on our website and improving upon the quality/scope of that content. This will help to create an influx of new members in our community.

The Upfiring Blog, to be located as a subset of the upfiring.com website, will be a major contributor to the growth and promotion of Upfiring. We will be publishing content dealing with issues surrounding file-sharing, file storage, decentralization, and various other relevant topics to our project.

In addition, the dapp’s documentation will be improved to include more important information for new users, such as several potential use cases for Upfiring and how to maximize usage and earnings as a content creator.

File-Sharing Website Outreach

Because the Upfiring application does not allow the direct sharing of files within the dapp, external file-sharing websites are absolutely critical to the success of this project. There are several Upfiring file-sharing websites in existence right now. In order to help these sites grow, we will be working with the developers to provide key information from our source code that will allow new and existing websites to easily analyze the metadata of .ufr files, number of seeders on a file, and other key information as well.

We will also be spending time over the next few weeks reaching out to existing file-sharing websites to help them integrate .ufr files into their sites.

Community-run marketing groups and community contributions

Upfiring needs the help of the community in order to reach its full potential. We have one of the most decentralized Ethereum projects in the space — with our team owning an extremely small portion of the token supply relative to other projects, and having little to no control over the Upfiring smart contracts/dapp activity now that they are deployed. Our team does not profit off of the application. As such, it is imperative that the community step in and help this project grow. There are already several community-run Upfiring marketing groups floating around on Discord, Telegram, and elsewhere, and these groups have already helped immensely with the start of our marketiing campaign. If you believe in our cause and want to see the widespread decentralization of content distribution, we encourage community members to take action wherever they can. If you are interested in helping with marketing activities, you can post in our Telegram group or PM @tylerfallon on Telegram for more information.

Development

The dapp’s development will be discussed in further detail in future posts, but several important features are in the planning stages right now:

Upfiring Dapp Uniswap Integration

Funding your Upfiring wallet, obtaining UFR to use within the dapp, or converting your UFR earnings to Ethereum/other tokens is going to become a smooth experience that users will be able to do using their Upfiring wallet in the dapp. In another effort to further decentralize the dapp and remove the power that centralized exchanges have over this project, Uniswap (a decentralized exchange) will be integrated directly into the dapp. This is another huge step towards the immutability of the Upfiring network — if the Uniswap.org website goes down for any reason, you will still be able to use the smart contracts within the Upfiring dapp to convert to and from UFR with 100% uptime.

The Upfiring Blockchain — moving to our own smart contract network with a bridge to the Ethereum network

The pre-development phase of the Upfiring blockchain has begun. Currently, we are discussing the feasibility of creating a dual-network link within the dapp that will allow for payment to be made in UFR from the new Upfiring blockchain OR on the Ethereum network via ERC20 token (as it is now). A bridge will be created that will allow users to swap between the ERC20 token and mainnet coin at with a 1:1 ratio, ensuring a fixed supply of tokens and a consistent price between the two. This will also allow us to maintain our exchange listings on important, high-volume exchanges like Uniswap.org and IDEX while creating a customizable mainnet that is not limited by issues that we’ve seen on the Ethereum network, such as high fees and congestion.

Upfiring Web Browser Dapp

Another huge development we are currently working on that will make Upfiring more widely available to users in the space is a direct integration into Google Chrome so that Upfiring and it’s functionality may be accessed directly via website, and file download/decryption can be performed with tools like Metamask.

This is an exciting time for this project. We have a ton of events planned in the coming months and would love to have you, the reader, join our communities and be a part of our project’s growth. You can get UFR on Uniswap here. Check out our social media pages: Telegram, Upfiring Forums, Reddit, Twitter, Bitcointalk, and Discord as we continue our mission to change the future of P2P file-sharing.

The Upfiring Dapp: Full-Scale Project Launch, Upfiring 1.2.2 was originally published in HackerNoon.com on Medium, where people are continuing the conversation by highlighting and responding to this story.

The goal of this post is to outline exactly what we’re working on at Upfiring, what issues we’ve faced along the way, how we’ve been working through these issues, and how we’re preparing to decisively overcome these issues and get this project used on a much larger scale. We’ll cover a few topics:

• Upfiring 1.1 Launch and Initial Reception/Issues
• Scaling Issue Solutions, the C++ torrent module addon, and Upfiring 1.2 Release
• Marketing Discussion
• UFR Exchange Listings Update (a lot has changed, please read this if you trade UFR)
• Summary

Upfiring 1.1 Launch and Initial Reception/Issues

The development and release of the Upfiring dapp as outlined in the initial whitepaper was largely a success —the core aspects of the application worked as intended, the Upfiring smart contracts were fully secure, and the blockchain aspects of UFR was integrated seemlessly with the decentralized, modified torrenting protocol. We created the first decentralized smart-contract powered file-sharing application, and essentially the first application that allows users to “sell files” immutably. However, as many of you reading this know by now, there were several problems that showed their face in the first few weeks following launch that were not apparent during initial testing — the largest of them being the scaling issue. Upfiring 1.1 can currently reliably support up to about 15–20 files, after which performance begins to degrade. The reason this was a significant issue that impeded adoption was that Upfiring works best for users on a large scale. What that means is- if you are using Upfiring and hoping to earn significant amounts of UFR, you want to seed as many files as possible. What began to happen was: users simply stopped using the application because they couldn’t seed (and earn) on any significant scale, and large scale seeders — something every successful torrent network needs—couldn’t seed all of their files. There were also a few other features such as bulk uploading that would vastly improve Upfiring’s performance for large-scale users at scale, as this would allow users to upload 100s of files at a time from their computers rather than one at a time. Bulk uploading, along with many other features that will significantly improve the Upfiring dapp, are now on the 2019–2021 Upfiring Roadmap (which now has outdated dates due to the recent developmental delays). Regardless, the development roadmap remains in our line of sight and these features will manifest—albeit some months later than initially planned.

Solving the scaling issue with C++ and a rewritten torrenting module

The good news is that the scaling issue is entirely solvable. The bad news is that is has taken us significantly longer than expected. Javascript and NodeJS, the coding languages behind Upfiring, have some limitations that are not explicitly discussed in the programming community, and we experienced these issues with scaling first hand. Over 50 Upfiring 1.2 prototypes were deployed and each of them had their own issues in terms of scaling.

What we found was this — the entire Upfiring dapp works properly on a massive scale using NodeJS except for the torrent module. The solution we have chosen is to rewrite the torrent module in C++, which is a more primitive programming language that can scale far more efficiently. This will solve the current issues users are experiencing with the dapp, and allow for a level of scalability not previously attainable with NodeJS. The Upfiring roadmap will continue to be followed after the “Scaling for larger file sizes and higher quantities of files” item is completed, which will be deployed with the release of Upfiring 1.2. In addition, some marketing will begin upon Upfiring 1.2’s release.

Marketing Discussion

We have a limited amount of funding reserved for marketing, and it is extremely important that these funds are used wisely when the dapp is ready to be adopted. While the dapp is usable, functional, and secure, we are not at the point right now where users can use it flawlessly, and spending marketing funds now means having less in the future when we will need them to help spread awareness and grow our userbase. Note that this a long-term project and it’s not going anywhere. We plan to still be around in 1 year, 5 years, 10 years, etc as long as the Ethereum blockchain continues to propogate, and we need to be intelligent with how we approach our funding situation (which is very limited compared with essentially every other “successful” project that had an ICO). If it takes an extra year to tweak the dapp and get it working just right, that will be a small blip on this project’s timeline and well worth it. We are developing as fast as we can with the resources we have.

UFR Exchange Listings Update

The cryptocurrency market is still recovering from the massive runup in 2017. During this time, exchanges charged exorbitant listing fees for projects and had so many users that nearly every single exchange had closed new user registrations by mid-January 2018, due to having thousands upon thousands of new users flooding their sites daily and overloading their trading engines as a result. Exchanges used this seemingly infinite and ever-increasing fund supply to salary tons of new employees and grow massively.

We are now in a phase of realistic downsizing, reminiscent of the events that transpired in bear market of 2015 after the 2013 bull run. At the moment, many exchanges’ expenses exceed their profits and as a result, are needing to downsize or shut down entirely. These include several of the exchanges that UFR is or was listed on.

Exchange Side Note: We are committed to ensuring that UFR is ALWAYS available on exchanges. If exchanges shut down, we will find others. In addition, we will be developing the Upfiring Decentralized Exchange (UFR DEX) directly in the dapp (again, see the roadmap) so that UFR will always be available for buying/selling in a decentralized manner among users with ETH and DAI pairs.

Ethfinex shut down, UFR pairs have been moved to Bitfinex

Ethfinex has shut down, and all user accounts have been moved over to Bitfinex. UFR/ETH and UFR/USD are now live and trading on Bitfinex as well, as can be seen on Coinmarketcap. Bitfinex has proven to be a relatively reliable exchange thus far and a good place to buy and sell UFR.

Coinexchange.io shutting down

Coinexchange has recently announced that they are shutting down due to market conditions. Please read the aforementioned linked letter by Coinexchange and withdraw all funds there by December 1st. They have stated that they may reopen their exchange if market conditions change in the future.

Cryptopia liquidation continues

Very few details have emerged about how user funds will be handled, but it possible that the UFR held there that was not stolen in the hack (between 2–3 million UFR) could be eventually returned to users with a “haircut” — meaning users would receive 70–80% of their original balances back. This has not been confirmed by Cryptopia, but they do currently possess this UFR in a wallet and have access to it. Meanwhile, the exchange is undergoing a liquidation process.

RightBTC Situation

RightBTC massively downsized and delisted nearly ALL of their trading pairs, including UFR, without warning. If you view RightBTC’s exchange, you can see the few trading pairs they have left (around 10–15 total coins/tokens). We are not sure of the reasoning behind this downsizing on their part, but it was not a very active exchange for UFR regardless. You can view the complete list of delisted pairs here, and if you had UFR on the exchange, file a request to have it returned to you.

Overall Market State

Keep in mind that markets tend to be cyclical and while all projects (aside from a select few) have experienced “bleeding prices” for the past several months to several years, it is unlikely that this bear market truly lasts forever. Crypto in particular is known for its “boom and bust” cycles. Regardless, note that holding crypto is considered very high risk as all of this technology (Upfiring included) is still in its infancy, and anything can happen. Understand the risks that are involved with owning UFR or any cryptocurrency, and keep your tokens off exchanges in a secure wallet like Ledger Nano S (hardware) or MyEtherWallet (software).

Summary

We know it can be frustrating to have to wait, but good development takes time, and perfection isn’t going to happen overnight. We are working on making our vision for this project a reality: establishing a decentralized and incentivized file exchange without limits — and this is a long-term path that is going to take several years to traverse through. Marketing will begin as soon as Upfiring 1.2 is ready, and will scale upwards as more features continue to be added as outlined in the Upfiring roadmap. As always, we will provide a date for Upfiring 1.2’s release as soon as we are sure it is ready. Testing of Upfiring 1.2 with the integrated C++ torrenting module is expected to begin in mid-November, and more development updates will follow at that time.

Download Upfiring and start earning UFR for sharing files at https://www.upfiring.com. If you have any further questions about the project, feel free to post on our community pages or send us an email at support@upfiring.com. Come join us over on the official Upfiring Forums, Reddit, Twitter, Bitcointalk, Telegram, and Discord as we continue our mission to change the future of P2P file-sharing.

Dapp Scaling Update, Upfiring OU, Bitfinex and Ethfinex Exchange Listings, Feedback and Restructuring Period Review, Build Automation, Bounty Campaign, Marketing, Finances, Budgeting

A lot of necessary reworks have taken place over the past few months on both a corporate level and development level to ensure the continued growth and development of Upfiring. The past few months, while overall “quieter” than in the past, were necessary to address several vital aspects of the project. In this post, we will provide an overview of what we’ve accomplished and what lies ahead in the coming weeks.

Marketing, Finances, and Budgeting

It is important for those who follow this project to understand where we stand financially and how our decision-making process works. A lot of this may be already-known information for those who have been with us since 2017, but neverthelesss it will be beneficial to go over it again.

In our contribution period, Upfiring raised approximately 250k USD, mostly in ETH, to fund the project. In the world of startups and especially cryptocurrency, this is a very small amount. We have had to be very careful regarding the use of these funds over the past 2 years to ensure we can build out our project and accomplish everything we have set out to do. Projects that raised 10s or 100s of millions of dollars have designated social media managers, community managers, marketing and sales teams, writers, and more. Upfiring does not have these luxuries, and we’ve had to do things a bit differently to compensate. As a result, our team consists of developers who wear multiple hats and are responsible for managing many different aspects of the project all at once. Here is a review of each stage of the project over the past 2 years:

1. Initial Community Growth (March 2017 to October 2017): We started by gauging community interest on the idea of incentivized torrenting on Ethereum and started building a team. We found that many people were passionate about this potential application of blockchain technology, so we organized a contribution period (ICO) in order to generate and distribute UFR to interested users, as well as raise funds to build out the dapp and run the project long-term.
2. Heavy Development (October 2017-December 2018): Following the success of the contribution period, the main goal of the project was to deliver exactly what was outlined in the whitepaper, at the highest quality possible. All other expenses took a back seat during this period. We set out to create something that had never been built before — a P2P blockchain torrenting platform that could support multiple seeders via smart contracts in a fully decentralized ecosystem. We made realistic promises backed by sound technology. During this time, we also used a small portion of the contribution period funds to secure our initial exchange listings and engaged in a bit of marketing to help grow the community. We held bounty campaigns, created marketing videos, and engaged in several other growth tactics to promote Upfiring to potentially interested users.
3. Product Release Period (December 2018-February 2019): During this time, we successfully released the Alpha, Beta, and Official versions of the Upfiring Dapp, as well as completed everything that was outlined in the Upfiring Whitepaper. The Upfiring Dapp worked for the majority of users looking to seed/share small to medium quantities of files, and the product release was largely a success.

Current: Feedback and Restructuring Period (February 2019-June 2019)

While the product release period in early 2019 was a major event — as it showed the Upfiring community and the cryptocurrency space overall that torrenting on Ethereum could be done successfully with multiple seeders — it also presented us with several other new issues that needed to be addressed before we could properly grow the project.

• The dapp was struggling to handle both very large files (several GBs) and very large quantities of files (30+). Because Upfiring aims to empower seeders to the highest degree possible, this needed to be fixed in order to ensure seeders’ potential earnings (and thus, growth of the network) would not be limited by the dapp.
• A legal infrastructure needed to be put in place. While the application is decentralized and we do not run any servers, a corporate entity needed to be established so that Upfiring could expand as a company. In addition, several major exchanges that we are interested in listing on require a corporate account, so this was a necessary step to take before applying to them. We established Upfiring OU, a private limited company based in Estonia, to distribute Upfiring’s software going forward. This process took several months to complete due to processing times at various stages. The country of Estonia is very supportive of cryptocurrency and blockchain startups. In addition, they have an extensive cryptocurrency exchange licensing infrastructure in place that allows Estonia-based cryptocurrency businesses to obtain a license to legally operate an exchange. This will likely be necessary for Upfiring during the release of the Upfiring DEX in 2020. For these reasons, along with their excellent e-residency program, Estonia was an ideal place to incorporate.
• Upfiring needed a software license/security certificate so that users could be sure that their software came directly from Upfiring HQ. At the moment, downloading the dapp results in a notification that the application came from an unidentified developer. We needed to incorporate before being able to obtain this software license. This will be an important implementation going forward because Upfiring features a wallet and allows users to access their UFR balances in the smart contract, so we want to deter phishing attempts by bad actors as Upfiring’s software becomes more widespread.
• Upfiring needed legal documents drafted. When users download the application, they will need to check a box indicating that they have read the legal disclaimer. This will essentially state that the user is responsible for all their actions within the application, and that Upfiring OU is solely responsible for developing the software. This document, along with several others, will be posted this month on the website.
• The Cryptopia hack occured right before our official release, which is where the majority of our trading volume was. As a result, further exchange listings were immediately necessary to ensure UFR had good liquidity.

Essentially, this Feedback and Restructuring Period was used to convert Upfiring from the speculative project under development that it was in 2017 and 2018, to a business capable of limitless growth in 2019 and beyond. While the above processes were taking place over the past few months, we felt it was best to conserve funds and not engage in any unnecessary expenditures. If the past few months felt more “quiet” than usual, that is why. As we have said before on Telegram and elsewhere, this was just a temporary period where many things took place on a corporate and development level, while marketing and community expansion initiatives were placed on hold.

Dapp Scaling Update

After a complete rework of the dapp and many, many bugs, we finally have a build nearly through testing! Upfiring 1.2 will allow for both very large files and large quantities of files to be uploaded into the dapp without issue. Many processes had to be separated, rewritten, and optimized to get this build working properly. In addition, the encryption/decryption algorithm was changed to further optimize performance. Upfiring 1.2 is backwards-compatible with all previous versions as well, so you can still interact with other users using an older version.

If the current build for Upfiring 1.2 passes final testing this week, we plan to release Upfiring 1.2 on Monday, June 17th, 2019. We will provide updates in Telegram, Discord, and on Twitter if this changes. Assuming the successful release and deployment of Upfiring 1.2, marketing efforts will begin immediately. Other developments on the roadmap, such as Batch Uploading, will be added shortly after Upfiring 1.2’s release. Lastly, the Stress Test will be planned once the application is stable on the Ethereum mainnet for some time.

Build Automation

One of the latest additions to our development environment is a build automation system that will allow us to quickly deploy and test versions of the Upfiring Dapp on 3 different virtual machines at once (Windows, MacOS, and Linux). This will significantly speed up the time it takes us to test and deploy new builds in the future!

Upfiring — Summer Community Growth Bounty Campaign

Upfiring is a hugely community-driven project, and we want to get the community involved as much as possible in our expansion efforts. This bounty campaign will be the largest one yet, with opportunities for developers, graphic designers, translators, or anyone with a social media account who wants to contribute. The details of this campaign (tentatively set to take place in late June into July) will be shared in its own Medium post, but there’s a few things you should know if you’d like to start preparing:

1. We need many more communities to share UFR files — there are very few up and running right now. Community development will feature the largest rewards for this bounty campaign, so start working now if you plan to develop a community. All existing communities will be welcome to enter as well, given that they are open and functional. You can submit your community fully anonymously if you wish to remain anonymous — all you need is an ERC20-compatible Ethereum addresss to collect your reward. If you are developing a file-sharing community, there will be a very large bonus reward if you are able to successfully display the seeder count next to each file that is uploaded, and an additional reward for being able to sort files by the number of seeders as well (so users can filter out all the files with no seeders/easily find available files).
2. There will be a bounty for getting existing file-sharing sites to support .ufr files. If you know of a file-sharing site of any kind, can contact them, and successfully get them to integrate .ufr file support, there will be excellent rewards for this. There is no limit to the number of sites you can submit for rewards. Start gathering a list of sites to contact to prepare! Simply reaching out will also get you a small reward — the more sites that know about UFR and the more users who request integration, the better!
3. Unlike the last bounty campaign, there will not be a community vote. As great as the decentralized community voting process was, it resulted in some sub-par projects ranking too high and some excellent projects placing too low. In this campaign, contributors can be sure that they will be appropriately compensated in UFR for their submisssions.
4. We plan to release the Upfiring dapp in several other languages, including Chinese (Madarin), Japanese, Spanish, French, Russian, and Arabic. As a result, we will likely be needing translators! We can provide you with all the texts used in the application, you provide the translations, we reward you with UFR. Native speakers only — no translator apps will be allowed to be used. We will provide more details about this later on.

Upfiring OU —Estonian Private Limited Company

This was discussed in detail above in the Restructuring section. Essentially, we:

• Established Upfiring OU as a private limited company in Estonia to distribute the Upfiring Dapp Software.
• Applied for a software license so that all releases of the Upfiring Dapp will be considered “verified” and have an identifiable developer.
• Created Terms of Service and Disclaimers to accompany Upfiring OU’s Dapp Releases

New Exchange Listings — Bitfinex, Ethfinex, and beyond

Now that Upfiring has a working product and dapp, we have the green light to apply to major exchanges. As we have stated in the past, we wanted to give Upfiring the best possible chance to be listed on major exchanges, and have waited until release to begin these applications. Currently, UFR trades on over 13 exchanges — including ABCC, COSS.io, Yobit, Stex, IDEX, RightBTC, and several others. As of three days ago, UFR has been officially listed on Bitfinex and Ethfinex — our largest exchange listings to date! As of now, Bitfinex has nearly half a trillion USD in daily volume while Ethfinex has approximately 3 million. Deposits, withdrawals, and trading have been enabled — follow @UpfiringHQ and @Ethfinex on Twitter for real-time updates. We’d like to thank our awesome community for voting for us and helping secure a top 3 spot for UFR in the last voting round — we couldn’t have done it without you all.

While we cannot discuss progress regarding other potential exchange listings here, we are hoping to get listed on at least one of the following this year: Kucoin, Binance, Bittrex, Kraken, and/or Coinbase Pro. We have other exchanges on our radar as well, but we’d like at least one of these to become the primary exchange that UFR is traded on in 2019 due to each of their stellar reputations, large userbases, and enthusiastic communities. As usual with exchanges, we cannot guarantee anything or provide any further details.

Download Upfiring and start earning UFR for sharing files at https://www.upfiring.com. If you have any further questions about the project, feel free to post on our community pages or send us an email at support@upfiring.com. Come join us over on the official Upfiring Forums, Reddit, Twitter, Bitcointalk, Telegram, and Discord as we continue our mission to change the future of P2P file-sharing.

The Upfiring Dapp— June Update was originally published in Upfiring on Medium, where people are continuing the conversation by highlighting and responding to this story.

The Upfiring Roadmap — 2019 and 2020

Upfiring v1

• Scaling for larger file sizes and higher quantities of files
• UFR earnings for each file
• Batch uploading
• Set consistent download folder
• Pause or restart downloads in progress
• File Configuration Backup & Restore
• Upfiring Protocol Command-Line Interface (Headless Release) and Raspberry Pi Support

Upfiring v2

• Upfiring DEX
• UFR Staking
• Upfiring Wallet Expansion — Ledger Nano S and other compatibility options

Other Events

Note: This is a small preview of some events we have planned and only a small portion of the complete list. Many other events are set to be disclosed at a later date or are still in the planning stages.

• Stress Test Event & Airdrop
• Major Exchange Listings
• Existing file-sharing site campaign

Detailed Analysis of the Roadmap

Let’s break down and discuss each item in detail. Please note that the release dates are approximations and are subject to change at any time. In addition, items may be added or removed from this roadmap at the team’s discretion, if necessary.

Upfiring v1

Scaling for larger file sizes and higher quantities of files

Approximate Release: Late Q2, ongoing

Upfiring v1.1 was designed for use by single users looking to seed a typical computer’s-worth of files, but future versions will change that. Depending on the user’s computer specs, the dapp can typically support up to 100 files and several hundred GB worth of files and run smoothly. Support and testing for quantities greater than this — 1000+ files, several TBs — is underway, and will allow for larger seeders to move to Upfiring and run the dapp without issues. This process of optimization will be an ongoing one — our first implementation that will improve several in-app processes (large files occasionally “stalling” upon upload, application slowing down once 50–100 files are actively seeding) is expected this quarter and we are actively working on this aspect of the dapp right now.

UFR Earnings For Each File

Approximate Release: Early Q3 2019

This useful feature was not included in the initial release of Upfiring but is well on its way. Currently, when a user earns UFR from seeding, there are no records in the application showing the user which file of theirs was decrypted. A feature is being implemented in the Upfiring dapp that will show the user exactly how much UFR he or she has earned from seeding each file in both the “Uploads” and “Completed Downloads” tab — along with the total number of times that file has been decrypted. This will allow users to better track and manage their file seeding strategies.

Batch Uploading

Approximate Release: Mid-Late Q3 2019

If a user wants to upload 50 files as 50 separate .ufr files, it can be tedious to drag in all 50 files separately and enter information for each one. With batch uploading, users will be able to upload several files at once and automatically generate separate Upfiring files for each upload, making it easier for seeders with larger file libraries to begin using the application.

Set Consistent Download Folder

Approximate Release: Mid-Late Q3 2019

An optional setting will be added to the “Settings” tab to set a permanent folder where all of your Upfiring files will be stored. If this option is enabled, users can skip having to select the “Save to” path each time they upload, download, or decrypt files.

Pause or restart downloads in progress

Approximate Release: Late Q3 to Early Q4 2019

A small update that will give users more control over the files that are actively downloading in the “Downloads” tab. Users will be able to pause downloads or restart them if desired.

File Configuration Backup & Restore

Approximate Release: Early Q4 2019

A backup and restore feature will be added to the application. This will allow users to mass backup every file they have seeding and restore this configuration if data is ever lost or if a user’s client malfunctions and they need to reinstall. This will also allow users to easily transfer their file seeding setup to another computer without having the reupload or download every file from scratch.

Upfiring Protocol Command-Line Interface (Headless Release) and Raspberry Pi Support

Approximate Release: Q4 2019-Q1 2020

This is a huge release that will open the door for seedboxes, running Upfiring in the cloud (such as on a VPS), and running Upfiring on a Raspberry Pi. These options will make it possible for users to more seed files long-term and stay online 24/7. Community-driven websites will also be able to run their own implementation of Upfiring on their servers, allowing them to implement features such as auto-seeding any files uploaded to their website (to ensure they are kept online) and many more. A version of Upfiring that can be built and run on a Raspberry Pi is also in the works.

This release will most likely result in the Upfiring protocol becoming open-source, with two main versions of Upfiring released:

1. The current client with extended functionality, remaining closed-source
2. An open-source command line interface that can be used to run the Upfiring protocol headlessly. This would also allow the community to build their own Upfiring client front-ends or work to improve the protocol.

Upfiring v2

Upfiring 2.0 is a major upgrade to the entire Upfiring ecosystem planned for 2020 that will deploy a huge upgrade to the existing Upfiring smart contracts in order to allow for the implementation of several key new features.

Upfiring DEX

Approximate Release: Q2 2020-Q3 2020

Upfiring DEX — the in-app decentralized exchange that lets you convert your smart contract UFR to either ETH or DAI. The DEX will be 100% serverless — using the Upfiring dapp on the front-end and the Ethereum blockchain on the back-end. This means that the DEX will run locally on all the computers running Upfiring, rather than on a website front-end interface like Etherdelta or IDEX. This adds an extra layer of decentralization and security.

This will be a MAJOR release and be included in the Upfiring 2.0 release. The Upfiring smart contract will be upgraded to allow for an in-app exchange to be implemented.

If you’ve used Upfiring, you know that all UFR used for file decryption and all UFR earned is credited to your “smart contract balance”. Your Upfiring smart contract balance will be expanded to allow for both ETH and DAI. A separate tab inside the application will be created for the Upfiring DEX to display your wallet’s balance of UFR, ETH, and DAI.

This implementation will allow seeders to convert UFR earned from seeding to ETH or DAI. Since DAI is designed to maintain a price of $1.00 USD, this will allow seeders to have the choice to tether their UFR earnings to a considerably less volatile cryptocurrency asset if they would like to do so.

Having the ability to convert UFR to ETH and vice-versa will be highly useful so that users will be able to convert their earned UFR to ETH to cover gas costs without having to continuously send their wallet more ETH from an outside source. This means that active seeders will never have to fund their Upfiring wallet from an outside source — both the UFR needed for file decryption and (indirectly) the ETH required for gas will be able to be earned by seeding!

UFR Staking

Approximate Release: Q3 2020

UFR staking will allow users to passively earn several cryptocurrencies (ETH, UFR, & DAI) by simply storing their UFR in the Upfiring smart contract and activating staking.

This feature will go hand-in-hand with the Upfiring DEX. A small transaction fee will be charged when users convert between UFR, ETH, and DAI using the Upfiring DEX. This transaction fee (the exact percentage will be disclosed as the release gets closer) will then be split and paid out to all users staking UFR in the Upfiring smart contract. Your payout of DEX fees will be proportionate to the amount of UFR you have staking — the more you have, the higher your payout will be.

Upfiring Wallet Expansion — Ledger Nano S and other options

Approximate Release: Q3 2020

The current Upfiring wallet has been tested extensively and works well for its intended purpose. However, Upfiring 2.0 will enhance the wallet’s capabilities, providing users with the ability to send and receive funds in-app, view transaction status live, and more. We’ll also be working to implement Ledger Nano S support. If you store your UFR on a Ledger Nano S (most secure option for long-term storage), we’ll be working to add support so that users can load their UFR directly into the application without having to first transfer the UFR to another wallet.

Events & Adoption

Stress Test Event & Airdrop

Approximate Date: Mid 2019

The Upfiring Stress Test Event is an event that will demonstrate the Upfiring dapp’s power on a large scale. This event will also double as an airdrop for users, rewarding them for helping test the network.

Here’s how it will work. A file will be generated with an extremely high UFR price (let’s use 10,000 UFR, for instance). This file will be distributed to all users up to 2 weeks before the event, allowing users plenty of time to download and seed this file. We hope to amass hundreds or even thousands of seeders supporting this single file.

On the date of the event, we will decrypt the file by paying the 10,000 UFR price. The Upfiring smart contract will then split and distribute the entirety of this UFR to every active seeder. This event will encourage new users to download the Upfiring dapp and demonstrate to the community how Upfiring works on a large scale when files have huge numbers of seeders.

Major Exchanges

Approximate Date: 2019, Ongoing

We waited until the official dapp release to begin the process of applying to major exchanges (top 10–20 exchanges by volume). We have made it a top priority to get listed on major exchange(s) this year and are determined to do so. There are two important things to note about this process:

1. It is the policy of most, if not all, of these exchanges that project teams do not disclose any information regarding potential listings. This means we can’t provide ANY updates to the community about the status of our exchange applications until we are given the “OK” from the exchange, which often happens only when the listing goes live.
2. The application process for many exchanges usually takes several weeks to several months, and may include processes like legal analysis or other extensive vetting procedures. Exchanges often have listing waitlists as well. It is important to be patient during this process and know that we are actively working on it.

Existing file-sharing site campaign

Approximate Date: Mid-2019, Ongoing

Many users in the community have already designed file-sharing sites to support the Upfiring ecosystem, and many more are still under development. As with the release of the original bittorrent protocol, it will take time for development of these sites to proliferate and for the network to become more mature, with larger numbers of seeders and downloaders. Many of these Upfiring sites are new (several weeks to several months old, at most) and there is still a ton of opportunity for growth and improvement in this area.

We hope that sites that currently support the uploading or sharing of .torrent files will enable sharing the .ufr files as well. While we won’t be promoting individual sites on our social media channels and are solely focused on the Upfiring dapp itself, we expect that support for .ufr files will increase dramatically throughout 2019 and 2020.

Other Notes — Sharing Content

Please note that when it comes to the official channels that we manage — Telegram, Discord, the Forums, and Reddit, we have a strict no-tolerance policy towards copyrighted or otherwise unoriginal works — and actively enforce these policies. If users see any copyrighted content posted on these channels, we encourage you to contact us at support@upfiring.com so that this content can be removed. Please also keep in mind that Upfiring is a dapp — meaning you are solely responsible for your own activity and actions within it. Laws and regulations vary by jurisdiction, and it is important that you understand and adhere to any restrictions before sharing files using Upfiring or any other torrenting client.

Download Upfiring and start earning UFR for sharing files at https://www.upfiring.com. If you have any further questions about the project, feel free to post on our community pages or send us an email at support@upfiring.com. Come join us over on the official Upfiring Forums, Reddit, Twitter, Bitcointalk, Telegram, and Discord as we continue our mission to change the future of P2P file-sharing.

The Upfiring 2-Year Roadmap was originally published in Upfiring on Medium, where people are continuing the conversation by highlighting and responding to this story.

Upfiring Application — Official Release

The Upfiring Application just launched, officially! Get it at https://www.upfiring.com to begin uploading files, seeding, and earning UFR. This is just the first step of many in this project’s journey towards an expanded presence in the greater torrenting space and beyond.

Our focus will now shift towards growth and adoption, and we won’t stop until Upfiring becomes a widely-adopted torrenting protocol for seeders and downloaders alike. The Upfiring ecosystem is under development, with new community-driven features and sites for sharing Upfiring files being released each week. Be sure you are a part of our Telegram (t.me/Upfiring) and Discord (discord.upfiring.com) groups to join our community and help fuel the growth of the Upfiring protocol.

Application-Oriented Website Launch

Upfiring’s new application-oriented website geared towards adoption and growth has been launched. The website makes it simple to download and get started using the Upfiring dapp on any operating system (Windows, MacOS, or Linux). In addition, a detailed documentation section has been published on the website as well.

This documentation, while still under construction, will help clear up common questions for new and existing users using the application. It also features an aggregate of FAQs and serves as a collective problem-solving hub for any user experiencing problems. The Documentation section is actively under construction and will be updated frequently with new information as it becomes available.

Exchange Listings

Upfiring is already listed on over 10 exchanges, and can be easily acquired by new users. However, as part of our expansion process, we would like to see Upfiring listed on more mid-size and major exchanges to further improve adoption and UFR liquidity. We have previously held off on applying to most major exchanges until dapp release and now will be actively seeking to list on new exchanges throughout 2019. This goes hand-in-hand with expanding our reach to more potential users and increasing the userbase for the Upfiring ecosystem.

Circulating Supply

As the project grows and develops, UFR may be needed in order to help secure larger exchange listings, partnerships, and continued development of the application. As a result, the circulating supply of UFR will be increased to 21,600,000 UFR (out of 24,000,000 UFR total). This is being done now so that this UFR is readily available over the course of the next several years for any partnerships, exchange listings, or other purposes. The remaining UFR will remain locked.

New Roadmap Incoming — 2019, 2020, 2021

With the official application launch, we have successfully reached the end of our original Two-Year roadmap and are ready to launch a new one. Here is a look at the original roadmap, which covered from project launch to application release:

As a result, a new detailed roadmap for 2019-2021, will be published next week in another Medium post. This Medium post will outline the future roadmap and detail our plans for the future of Upfiring and how we plan to capture the larger P2P file-sharing market.

Download Upfiring and start earning UFR for sharing files at https://www.upfiring.com. If you have any further questions about the project, feel free to post on our community pages or send us an email at support@upfiring.com. Come join us over on the official Upfiring Forums, Reddit, Twitter, Bitcointalk, Telegram, and Discord as we continue our mission to change the future of P2P file-sharing.

Upfiring’s Official Dapp Release is Live was originally published in Upfiring on Medium, where people are continuing the conversation by highlighting and responding to this story.

This is a very brief update about the new communities we’ve launched today and the status of the project.

New Communities: Official Forum and Discord

First, the official Upfiring Forum and Discord groups have launched. Join them here:

• Forum: https://www.ufr.chat
• Discord: discord.upfiring.com

Blockfolio Signal Beta

We’ve also been added to Blockfolio Signal Beta, expanding our reach to everyone who uses Blockfolio to track the price of UFR. We plan to provide important development updates through Signal and work with the Blockfolio team as they expand Signal out of beta. Only ~100 projects have been approved and added to Signal so far and we are excited to be one of them.

Smart contracts live, Dapp testing on mainnet

Finally: the Upfiring application’s smart contracts have been deployed and are now being actively tested live on mainnet. We are in the process of making several small tweaks to the application before launch, but are pleased to report that everything has been running smoothly in terms of the main functionality of the dapp. We hope to be providing you with an official launch date shortly — once we are sure that there are no loose ends on our side. Join our communities and stay up to date with the latest updates!

If you have any further questions about the project, feel free to post on our community pages or send us an email at support@upfiring.com. Come join us over on Reddit, Bitcointalk and Twitter as we continue our mission to change the future of P2P file-sharing.

The Upfiring Dapp — Community expansion initiative started, official forum and Discord launched… was originally published in Upfiring on Medium, where people are continuing the conversation by highlighting and responding to this story.