Milestone 1 Delivery Report on HashKey DID for IRISnet

We are delighted to share with the community that we have successfully accomplished Milestone 1 of the Proposal 46(https://irishub.iobscan.io/#/gov/proposals/46). Milestone 2 is currently in the development stage. According to the agreement, ‘Due to the considerable duration of the development cycle, to mitigate the impact of Iris price fluctuations, the budget outlined in the proposal is entirely USD-based and has not been converted into a corresponding quantity of Iris tokens. After completing each milestone, we will calculate the specific amount of IRIS corresponding to the USD based on the IRIS/USDT exchange rate on Coinmarketcap at 12:00 pm Hong Kong time the night before the submission.’ The completion payment for the Milestone 1 of HashKey DID is 20,000 USD. Therefore, taking into account the CoinMarketCap IRIS/USDT exchange rate on November 12th at 12:00 pm, which is 0.0228, this is equivalent to a total of 877,193 IRIS tokens. (github: https://github.com/hashkeydid)