Development Timeframe

Q2 2018 Exchange Research and Development Begins 1MM Received for R&D Delaware, LLC founded
Cayman, LLC founded
Q3 2018

Founding Team Hired

Smart Contract Development Complete

Amplify Brokerage Development Begins

Smart Contract Independent Security Audit

Initial Announcement - 8/28/2018
Q4 2018 4MM received from the private sale

British Virgin Island Company founded

KXVL software development company is chosen to develop Amplify Platform and Tennessee office opens

Q1 2019

Cold storage solution in place

Third party liquidity providers are integrated

Amplify Distributed development begins

Phase 1 Airdrop
Phase 2 Airdrop
Phase 3 Airdrop

AMPX Bounty Program goes live

Operating entity is founded
KYC/AML partners established
Initial markets are chosen
Q2 2019

Amplify Brokerage launches V1 (Late Q2 -- Early Q3)

Amplify Distributed development continues

AMPX token sale begins on Amplify Platform

Banking relationships established
Q3 2019

Amplified Distributed BETA Testing

CryptoPay development begins

Amplify Distributed markets are chosen

Exchange licenses are acquired

Q4 2019

CryptoPay integration for fiat resolution begins

Amplify Distributed launches V1

Amplify becomes cashflow positive
Q1 2020 Amplify’s Hybrid Exchange development begins