December Progress Report

We want to give you a vital update concerning the introduction of USDM — Cardano's eagerly awaited fiat-supported stablecoin. As we have been toiling away on the launch, we have come across several remarkable chances for upgrades which will have a massive effect on USDM's stability, safety, and general user experience. We are delighted at the progress made, however these advancements have had the effect of lengthening the amount of time needed to evaluate and verify these new safety aspects. This will cause the launch date to go beyond our goal of mid-December. We will keep all apprised of the timeline as it continues to develop. The development squad at our organization has been toiling continuously to build up the operation of our stablecoin. These augmentations will offer better clearness, advanced scalability, and distinct attributes that will lift the USDM user experience. We are working with Sundae Labs to complete a thorough smart contract audit for the benefit of the Cardano Community's security. We are devoted to providing a stablecoin that achieves the highest standards in terms of security and dependability. Even though this may require time, it is imperative to guarantee the security of your assets. Thorough testing is essential for any successful product launch, and we are running comprehensive tests to ensure that USDM works seamlessly in real-world applications. As the old adage goes, “Look before you leap”; however, in blockchain, there is no room for mistakes, so we are conducting checks at least tenfold! The importance of this testing phase cannot be understated, as it highlights and resolves any issues that may arise before USDM goes live. The ultimate outcome of these steps will be a stronger and more reliable product. We are unwavering in our dedication to transparency, security, and innovation. We really appreciate your ongoing support and understanding during this process. Your faith in Mehen keeps us motivated to bring you the best product. I am delighted to share that we are ending our partnership with WeFunder and relocating our Community investment round to ChainRaise, which gives us the opportunity to tokenize equity. This change is in line with our core mission and vision. All WeFunder commitments will be annulled and completely refunded. What makes ChainRaise unique? What sets ChainRaise apart from other platforms? Why should you use ChainRaise? What are the advantages of ChainRaise? What are the benefits of ChainRaise? What makes ChainRaise a preferred option? What makes ChainRaise stand out? What makes ChainRaise the right choice? Why should you choose ChainRaise? What makes ChainRaise a desirable platform? WeFunder and ChainRaise are both FINRA-members and SEC-registered Crowdfunding Portals that have enabled a lot of startups to raise money in Regulation Crowdfunding offerings.0 concepts. ChainRaise is a firm that embraces blockchain and highly appreciates the work of those developing Web 3.0 initiatives. WeFunder would not enable tokenizing our equity, but ChainRaise provides that opportunity, so we are going there for the raise. What does this signify for Mehen? By collaborating with ChainRaise, we are able to keep up with this local investment cycle, granting us the funds and surroundings to supplement the introduction of USDM's fiat-backed stablecoin. This also unlocks the path to commencing tokenization of equity on the Cardano blockchain. Once the Reg CF raise has been finalized, Mehen Innovations Inc. will evaluate their two options: companies that can tokenize these shares on another blockchain. The chosen one will partner with Mehen's MaviKai platform on the Cardano blockchain. The MaviKai platform will be a subsidiary of Mehen Innovations Inc. We anticipate that Mehen will be the first of many businesses to tokenize its shares on Cardano, making it simpler for a larger variety of investors to get involved and invest in our mission. This tokenization will offer our shareholders the added benefit of greater flexibility. This collaboration will enable other projects in Cardano to realize the advantages of tokenizing equities, and it marks an important milestone for the Cardano Decentralized Finance ecosystem. This is planned to be launched in mid-2024. What actions should investors take now? Your backing has been key in our progress thus far. As we shift to ChainRaise, we wish to reassure you that we greatly appreciate your confidence in our ambition. We are devoted to making the transition seamless and will give comprehensive information on how you can remain a part of our development saga. All investments and reservations made through WeFunder will be revoked and their full value refunded. If you would still like to invest in Mehen Innovations Inc, please express your interest on ChainRaise's website. shortly thereafter. In the near future, the ChainRaise platform will feature a marketing page similar to this one. We will email you additional information soon. Anticipating We are looking ahead to the future of our business with optimism. Our team is committed to anticipating the demands of our customers and finding innovative ways to exceed their expectations. This is not just a shift to another platform, but a strategic move to speed up our progress towards our 2024 plan. By using ChainRaise, we can now tokenize equity and leverage the Cardano DeFi environment in a notable way. We understand this modification might be bothersome and you may have queries. If you do, please contact us via Twitter or Discord. We appreciate your trust in Mehen Innovations Inc. and are delighted that you are considering investing with ChainRaise. This is an exciting time for us and we sincerely hope you will come along for the ride. We are grateful for your ongoing backing. We anticipate accomplishing amazing results together. Greetings! just bought a new car. Jillian Plomin has acquired a new vehicle. The Chief Executive Officer of Mehen Innovations Inc. is responsible for overseeing the company's operations.

Source: https://medium.com/@MehenOfficial/december-development-update-270e9f8b6d1f?source=rss------fintech-5