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9/10/18 Product Update from Keith Baumwald, CMO / CPO

Date: September 10, 2018 / Category: Updates

Hello everyone-

Happy September. I spent last week in Belgrade with our development team. Nuke (who you may be able to make out in the foreground) and Daniel joined me as we plotted out what our roadmap will look like over the next 3-6 months.

While we continue to ship product as fast as we can (more on that below), we’re also looking at other development projects we want to pursue as we enlarge the size of the team. Some of these are interesting front-end projects like public APIs and other projects are back office, allowing us to tie all of our different systems together in order to be able to efficiently manage our coins as well as issue loans and distribute interest in a scalable way.


??When Alex? When AMA?

Alex spent the end of last week at the Total Alts Conference where he kicked off the Opening Keynote with our good friend, Tim Draper. Alex and Anita also spent some time with Joe Lubin (pictured above) and a bunch of other crypto folks. We’ll post the video as soon as we get it.


DataDash teased that his interview with Alex would be up soon, so hopefully it will be live sometime this week.


Alex also has an interview with CryptoArnie today, they’re pre-recording, so we’ll let you know when you can check out their conversation online.


TokenFest is later this week, we’ll be there in full force. Alex will be speaking and we’ll also have a booth, please stop by and say hello if you’re in Boston for the show.


??When Rates?

Celsius Interest Rates

So the market’s been all over the place the last week. As a result, we’re offering 5.5% interest right now on both BTC and ETH. Be sure to download the most recent version of the app.


??When XRP and OMG?

With today’s release, you can now deposit and earn interest on both Ripple (XRP) and OmiseGo (OMG). So now you can earn interest on BTC, ETH, LTC, XRP & OMG. More coins/tokens are coming your way soon – let us know which ones you’d like us to add.


??When App Update?

Interest is Officially Here for BTC. ETH, LTC, XRP & OMG

We soft-launched interest a few weeks ago but it’s now officially here with version 2.0 of the app.

We’ll give out more specifics in a few weeks, but in the last week alone we’ve seen a 50% increase in deposits and the number of people depositing.


Refer a Friend & Save the World (or at least get some swag)

Want to let other people know how awesome earning interest is? Now you can go to your Profile page and just copy the link and send it to a friend. We’re keeping tabs on who’s spreading the word about Celsius – if 5 people signup using your link, we’ll send you some sweet swag.


Get into the Details on Your Interest

You can also get more details on the interest you’re earning via the Interest tab in the Wallet section of the app. You can see how much interest you’ve earned this week or in total and how the value of your interest has gone up or down since you received it.


If you’re looking to get a loan in dollars, apply now.


If you’ve already downloaded the app, please give us a review. If you haven’t, you can download the app here.


App version 2.1

We’ll be releasing a small update later this week most likely to resolve any bugs that cropped up from the major release we did today.

Over the next month we’ll be looking at optimizing the app to make it easier for people to complete the registration process, KYC and deposit. At the same time, we’re finishing up the wireframes and mockups for the Borrowing part of our platform so we can start implementing this major product release in mid-late November.


Our current sprint schedule looks like this:

    • Sprint 26 – ends September 12th
    • Sprint 27 – ends September 19th
    • Sprint 28 – ends September 26th
    • Sprint 29 – ends October 3rd

As a heads up, starting next week, I’ll be on vacation for the following two weeks. So there won’t be any update from me week after next.

??Rock On!

As always, if you have any questions or comments about our product or marketing please PM me on Telegram (@keithbaumwald) or shoot me an email at

Don’t forget to come see us in Boston at TokenFest later this week!

Have a great week CELsians!

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