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What comes next for the Parcl Protocol and Homeowners Association

Parcl
8 min readMay 7, 2022

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Parcl Update: Post Testnet 1.0 & HOA Mint

What comes next for the Parcl Protocol and Homeowners Association

We are providing this update to our community and our stakeholders following Parcl’s Testnet and Homeowners Association (HOA) NFT launch — both of which substantially exceeded our expectations, as outlined in detail below. We are grateful for the support of both our long-standing backers & partners and our newest community members, and we are extremely excited to be embarking on this journey together with you. LFG!

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Parcl Protocol Testnet

Our Testnet generated significant interest over the ten days it was live (3/30–4/9). Here are the highlights:

  1. >70K unique visitors to our Testnet
  2. >25K Typeform feedback submissions
  3. >300K on-chain transactions

The feedback we received from Testnet was overwhelmingly positive, which supports our view that the Parcl Protocol is addressing a unique and untapped market opportunity. Over the next several weeks, we will be iterating on our UI/UX and optimizing our smart contract design. The most significant update is our decision to launch to mainnet with concentrated liquidity.

We are currently implementing and integrating Orca’s Whirlpool program for the Parcl DEX. We believe concentrated…

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Parcl
Parcl

Written by Parcl

A Blockchain-based digital real estate protocol — delivering real estate to everyone.

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