Weekly Update | 12th Aug 2024

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Hydro
August 12, 2024
4
min read
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Hello everyone, welcome to the latest Hydro Weekly Update!

Slight change of format this week as we step aside from posting our updates on Twitter. This is to give you our reader a better way to digest all the important information coming out from Hydro. We’re continuously looking at ways to improve the Weekly Update so stay tuned!

Without further ado, let’s dive right in.

Tech Updates: 

🔹 Hydro Plus: MoonPay integration is still in progress. Meanwhile, Staging preparation is ongoing.

🔹 Coupon Module: Requirements and Figma designs have been completed. We’re now working on the design specifications.

🔹 Migration 2.0: Development is complete, and QA/bug fixing is in progress

🔹 Production Patch: Facebook login for new user registration on Hydro Online has been enabled.

🔹 Capacity Upgrade: We've deployed several enhancement and security patches this past week, including:

  1. Clickjacking and CAA record-related patches.
  2. Infrastructure upgrades for better control over pipeline deployments.
  3. Another channel was added manually on the queuing service to distribute load.

Marketing Updates:

🔹 AMA Series: We continued our AMA series this week with the Dubai Crypto Whales community and we are consistently hitting our target of participating in at least one AMA every week. These sessions are an effective way to introduce Hydro to more communities in an informative, transparent, and engaging manner, leaving a lasting impression and encouraging the trial of the Hydro platform.

🔹 Hackernoon Feature Interview: We were organically featured in Hackernoon, one of the world’s most recognizable tech publications. Our CEO, Reggie, shared insightful details about Hydro in an interview with one of their top reporters. Check out the article here.

🔹 Website Updates: We’ve completed a series of important updates to our website, focusing on the interoperability aspects of Hydro and providing clearer explanations of our product tiers and revenue system in a more Web2-friendly manner. These updates were made in response to feedback from our social listening activities.

🔹 Next Zealy Partnership: We’re in the final stages of talks before unveiling our next big partnership. This collaboration will bring real value and technical advantages to both platforms, along with cross-promotion to each other's communities. Keep an eye on our socials for the big announcement coming soon!

🔹 Zealy: We’ve seen an increase of 300+ members in the last 7 days.

Socials:

🔹 Twitter: Engagement rate has gone up to 69.3%, a 12% increase.

🔹 Telegram: Our community has grown to 39.5k members, an increase of 13.32% from last week. Messages have increased by 2k, making a total of 189k messages.

🔹 Instagram: Our followers remain consistent at 17k. Meanwhile we organically reached 173 accounts.

🔹 TikTok: We recently started posting on TikTok and are already seeing great growth! 59.6% of our traffic searched us, a clear sign that our organic content is doing amazing. Video views have gone up by 184.2%.

🔹 Linkedin: Our content organically reached 434 people this week. Meanwhile, reactions have increased by 116.7% showcasing good engagement.

Thank you so much for your continued support!

We hope you enjoyed this format of the Weekly Update and please do give us feedback on how you would like for us to showcase this in the future.

Stay safe and have a great week guys 🙏

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