Roadmap

What's Live

FNX Liquidity Pool (FLP): A decentralized bankroll that has processed over $80M in bet volume on NewFenixBet, and generated a revenue of $770K for the FNX holders with a Total Value Locked (TVL) of $3M by March 2024.

On-chain Incentives: Players receive immediate rakeback in vFNX, which can be staked for a share of daily revenue, akin to cashback, with a built-in jackpot feature.

First-Generation Platforms: newfenix.bets has been the first platform built on FNX. New games on newfenix.bets are constantly being added. FNX VRF: A proprietary solution for verifiable random functions, set to enhance game fairness and add a new revenue stream.

FNX Bundler: Enhancing transaction speeds, allowing for sub-second on-chain bets. Account Abstraction (Smart Accounts): One-click betting with non-custodial wallets sponsored by the protocol. Profit Sharing and Token Burn: $1.2 million in protocol profit, with $550K distributed to token holders and 7.6% of the supply burned permanently as of November 2023.

TON Foundation Ecosystem Grant: Regular weekly campaigns went live to incentivize growth both on newfenix.bets.

In Progress

• Implementation of the changes proposed in WIP-4 and WIP-5.

• Launch on Fenix Bets.

• Launch on Fenix Club, LPs and Staking Pools.

Future Directions

Q3 2024

• NewFenix launching v2.

• Release of new games developed on Unity.

• New grid-slot games to be launched.

Q4 2024

• FNX VRF and Smart Accounts to be offered as independent services.

• Launch of FNX Chain testnet. This is an L3 solution on TON, focused exclusively on gaming contracts for fast, low-cost transactions. FNX Chain will be the unification of all the products developed so far.