A must see: $Cake Q1 2022 road map
It is relatively easy for anyone to draw up a road map for a project. It is another ball game to diligently stick to that road map and execute every aspect of it within the designated time frame. Many projects fail in the execution part of their road maps while not keeping their investors or community abreast of what might have caused such failures and the steps being taken to address such. The failure in execution may have arisen during the setting of the targets or goals in the roadmap which could be due to being overambitious or unrealistic.
It could also be as a result of deficiencies on the part of those assigned to execute specific targets. Irrespective of the the reason for this failure, how the team behind the project handles the public relations (PR) in such cases matters a lot. Being prompt and proactive in informing the public about the situation of things can help reassure investors as well as allay fears.
I have highlighted the above because the $Cake PR team in my estimation has done excellently in communicating all progress as they happen in real time as well as challenges with the reasons for such thereby leaving no room for fudders to cash in. This is what is expected from any PR team that "knows its onions".
Back to the issue of discuss. The Chefs at Pancakeswap realeased the official first quarter roadmap on January 21, 2022. The road map has ten notable targets as seen in the photo below.
Between that time some of the items on the roadmap have been executed. They have picked up the pace as we approach the end of Q1, 2022.
Two of the goals (limit orders and perpetual trading) were achieved within a short time interval within the past few weeks. Thus far 4 of the 10 goals or targets have been achieved as pointed out by one of the admins in their official telegram group.
The fact that an admin made the post gives some reassurance that the dev team are aware that all eyes are on them to see if they can follow through with the audacious roadmap.
Some key targets which have been eliciting enquires from the community members are the gamification of NTFs and the MasterChef V2. The MasterChef V2 has been the cynosure of all eyes as it anticipated to herald the release of information about new products as well as tokenomics. Other expected targets are:
fixed term staking
hackathon
affiliate system.
Some community members are although skeptical about the ability of the team to pull through with hitting the remaining 60 % of the road map as the month of march winds down within a couple of days.
However others are rooting for the team and are quite optimistic that that team that was "crazy" enough to draw up the roadmap will pull through before Q1 elapses. This mad dash to the finish line in the last days of March has been dubbed by some of those rooting for the team as "March madness".
By the way, in the midst of all this "March madness" , Pancakeswap has partnered with Binance to integrate its Dex into the Binance Market place. It is available by pulling down the entire screen in the home screen of the Binance mobile app.
With this function, you can import any of your defi wallets and use it to interact directly with your Binance spot wallet.
Also you can directly trade tokens from your Binance spot wallet via the pancakeswap dex.
All I can say is that all investors in the $Cake token are hoping that the team can deliver within the time left as 100% completion will surely be a win for all because of the new features that will come into effect. For those who haven't joined the $Cake party yet this might just be a rare window of opportunity to hop in, before the chefs' pans go blazing hot. While for already existing $Cake holders and stakers, I have six words for you:
HODL on to your dear $Cake