2025 Year in Review &
2026 Prospectives
It’s been a ride–2025 has been a very busy year for development. To jumpstart 2026, we would like to update our community on everything that has been achieved throughout the past year, as well as things we look forward to this year.
2025 Milestones Accomplished
Extensive work has been dedicated to deploying and refining essential applications, with focus on mining and basic tooling surrounding early use. In 2025, these applications were launched.
GajuExplorer
Web-based chain explorer; now online and continuously being improved.
Gajumining.com
Web-based account dashboard for purchasing mining licenses and connecting accounts to the miner and wallet.
GajuDesk
Cross-platform (Windows, MacOS, Linux) desktop wallet for maintaining wallets, interacting with the chain, handling signature requests, and developing, deploying, and calling contracts.
GajuMine
Cross-platform (Windows, MacOS, Linux) desktop mining program.
Additionally, the team has been concurrently working on the development of supplementary tools to enable actual, real-world, global economy for different business and institutional use cases on the Gajumaru network.
Many of these will be going live this year.
16th October 2025: The Gaju Enters Circulation
On 16th October, Gajumaru miners executed the first drawdowns of Gajus from their smart contracts. This was not a test. This was not a simulation. Real money, mined by real people on real computers, transferred to accounts they control from the Hive miners. The ⽊Gaju became a currency in circulation.
This milestone represents the culmination of seven months of intensive development. We overcame challenges that, frankly, only Steam, the world’s largest gaming platform, has managed before, and they did so with vastly greater resources. Our cross-platform mining software now operates seamlessly on MacOS, Linux, and Windows, with an automated installer and updater system ready for mass deployment of every SaaS and product we will ever launch, including our key fly-wheel for mass global participation and adoption, GajuMining.
22nd October 2025: LTIN Announced
Six days after our first drawdowns, the Liechtenstein Prime Minister announced the Liechtenstein Trust Integrity Network (LTIN), with QPQ as a founding technical partner and shareholder. This is not a pilot programme. This is not a proof-of-concept. This is a sovereign nation building their national digital economy infrastructure with the Gajumaru architecture integrated into the planning.
LTIN Facts:
Majority owned by Telecom Liechtenstein (the state telecom)
Operating under the Liechtenstein Blockchain Act with EU MiCAR compliance
Founding participants: QPQ AG, Bank Frick, Bitcoin Suisse, Swiss Subnet, Zilliqa
Launch: Q2/Q3/Q4 2026
What the LTIN demonstrates is simple: the architecture works. A real government evaluated the options, saw what we have built, and chose Gajumaru to be part of their future. Over the next months, we will shape with them exactly what their national blockchain looks like and ensure that they have something that they and we are proud of. Given that much more established ‘Layer 1’ offerings were not part of the original announcement whilst we have yet to reach Main Net, this represents an extraordinary validation of our approach. If Liechtenstein can do this, so can any nation. Associate Chains enable national digital economies that mirror existing legal and economic boundaries.
Liechtenstein is first. Others will follow.
Payment issues resolved
As with any start-up, building doesn’t come without challenges. Our team was not exempt from the existing financial system’s reluctance and aversion to doing business with new projects in this industry. This hindered sales of mining licenses for a time and pushed the team towards work-arounds that weren’t necessarily streamlined.
However, after months of exploring solutions, we are happy to announce that we can now accept debit and credit cards, along with crypto payments for mining license purchases.
CHF 1 Million+ Pre-Release Revenue
Despite all the struggles with payment providers throughout the year, QPQ IaaS AG generated over CHF 1 million in pre-release Gaju Mining SaaS revenue–and with zero marketing budget.
Every sale came from organic, word-of-mouth demand. We have our community to thank for rowing in with us to push out and engage with content as the team focused heavily on development.
Temporarily, customers had to wire money internationally to our Swiss bank account while we scouted for better solutions. This is exceptional for any SaaS business, but for a pre-release blockchain product, it is genuine validation of product-market fit.
With credit and debit card facilities finally coming online for us as we enter the new year, we have removed the friction that constrained our growth. The pathway to scaling is now ahead of us.
At the same time, we recognize that there is plenty of room for improvement in terms of our organic marketing efforts. Towards that end, Cecille de Jesus joined the team in November of 2025.
Since then, we have started slowly rolling out content on the QPQ blog. We will also start publishing regular developer-focused updates on the Gajumaru website soon.
Technical Infrastructure
Groot—the proof-of-work resource layer at the heart of the Gajumaru—has been operational since 22nd October 2024, now running continuously for over fourteen months. The team has also focused on the development of software that would make it possible for millions of miners to sustain the network as we continued development through to mainnet.
Coded from scratch: Our zero-dependency architecture represents a fundamental departure from the compromised crypto industry. We built our libraries, interface applications, wallets, etc. from scratch because if you are minting real money, you need enterprise-grade security, not browser plugins held together with NPM.
300,000 generations produced
The Groot mainnet has produced over 300,000 generations by end of 2025, and witnessing-based finalization is operational, leading to 2-4 minutes to full finality.
2026: The Year of Deployment
As previously mentioned, 2025 has been a very intensive year for development behind the scenes. All that work is finally culminating into tangible tools that would enable a thriving economy on the Gajumaru network.
2026 is the year we go from operational to dominant.
Here’s what we’ve been building.
Core Infrastructure
Main Net Launch (6th April 2026)
Main Net is targeted for 23:59:00 Zulu, 6th April 2026, marking the completion of the first two phases of deployment for the Gajumaru. This is the moment when the Gajumaru transitions from a working system to a complete platform ready for global adoption.
Main Net delivers:
Full documentation for Groot such that, as with Ethereum, a project, development team, anyone in fact, can build on Groot anything that they wish to build there without any intervention by or need of us.
Associate Chains
With the launch of the main net comes one of the most crucial aspects to the Gajumaru architecture, which would allow builders to independently create, design, and govern their own infrastructure through Associate Chains.
- Associate Chain deployment capability with tooling available for users to compose the AC infrastructure that fits their specific needs.
- Native interoperability between all Associate Chains, no bridges required, no third-party trust.
These aspects deliver the operational RIPA model (Resource, Infrastructure, Platform, Application) that is a fundamental feature of the Gajumaru. This is the architectural completion and the beginning of the Gajumaru as something that we built that others can now build upon. These are the foundations for all subsequent platform and service deployments.
Applications, Platforms, and Regulated Services
This is the year when our commercial base coalesces and we ensure the Gajumaru comes to dominate the global economy. Here, we provide an overview of tools and applications launching soon. We will be publishing detailed articles about each of these products shortly.
GajuMobile on iOS, Android and Linux
Gajus accessible from your phone with direct smart contract access. Zero dependencies, all code original, the same security philosophy as GajuDesk, now mobile.
This provides the base for everything from retail payments in stores using existing hardware through to banking the 1.4Bn unbanked people around the world.
Just as it is said that emerging economies skipped the stepping stones to 5G and satellite broadband, so can the provision of GajuWallet as an app on phones provide that leapfrogging from unbanked in the 21st Century to the blockchain economy of the 3rd millennium.
GajuDEX: The First Genuinely Decentralised Exchange
The promise of decentralised exchanges was simple: your data, your assets, your money. The reality has been something else entirely: governance tokens gamed by insiders, admin keys allowing quiet changes, voting systems where 2% turnout decides everything. Every major DEX is “decentralised in name only” (DINO).
We built something different.
GajuDEX eliminates all controlling functions. Smart contracts are immutable after deployment: no admin keys, no upgradability, no governance votes that can redirect fees or freeze assets. We believe GajuDEX will be the first and only DEX to pass FINMA’s substance-over-form test for genuine decentralisation, falling outside regulatory scrutiny not by avoiding compliance, but because its architecture eliminates the very risks those regulations were designed to control.
The first genuinely decentralised exchange to meet FINMA’s decentralisation standards—not by avoiding compliance, but because its architecture eliminates the very risks those regulations were designed to control.
What makes GajuDEX different from every DEX that came before:
What GajuDEX means for Gaju holders:
- Liquidity: Your Gajus become tradeable. Convert to other assets or fiat as the facility to do so emerges – we are actively pursuing engagement with major stable coin providers.
- Passive income: Provide liquidity to pools and earn trading fees.
- Validator rewards: Run a validator node (minimum technical requirements to be confirmed) and earn from network activity.
More details on GajuDEX will be published shortly.
GajuMarket: world’s first on-chain marketplace
The yard sale is just about to go truly global and digital assets finally have a home.
GajuMarket, the world’s first on-chain marketplace for goods and services, will have a soft launch in mid-January 2026. We’d love to see the community participate.
We showcased a very rough and ready version of this in November last year.
Despite how critical it is to establish the value of a currency in terms of buying power, nobody ever created a native blockchain marketplace before. Proof, if needed, that there has never been an actual blockchain that actually works, minting real money that really works. Unlike speculation tokens, you can actually do things with Gajus:
- Go to GajuMarket and buy stuff. A T-shirt. A book. Book a chiropractor. A hotel room. Buy a holiday. Buy a car. Buy a house.
- Go to GajuMarket and sell stuff. A jumper you knitted. A T-shirt you printed. Your dog walking service. Your car. Your house.
- Whether NFTs pointing at assets or a second-hand pair of sneakers, GajuMarket is THE peer-to-peer e-commerce platform eliminating intermediaries.
- We are not an intermediary, but we do facilitate and curate, providing the web portal and ensuring best we can that listings are legal and appropriate.
More details on GajuMarket will be published shortly.
GajuPay
The whole point of the Gajumaru is that it delivers an actual blockchain that actually works, minting real money that really works. What we have seen before now is decentralisation theatre for the ‘crypto casino’ industry. What Gajumaru does is open the door to transition the real global economy to operating on-chain.
So how do retailers work with blockchain? How to achieve this without requiring intermediation from Visa, Mastercard, etc? How does a peer-to-peer payment get reported into their business systems?
Despite how obvious it seems, nobody in ‘blockchain’ has ever seriously tackled the question: how does a shop actually accept on-chain payments?
Putting to one side the joke that nothing in ‘crypto’ masquerading as blockchain is serious, the moment you try to answer that question practically – by talking to actual shop owners – you immediately collide with problems that no blockchain project has explored:
- How do you link a blockchain transaction to a real-world sales instance?
- How do you handle two registers paying to the same business account?
- How do you log the fiat-to-Gaju conversion rate (assuming that you are not operating in native Gajus) at the moment of sale, which is a legal reporting requirement in most jurisdictions?
- How do you issue refunds when the cashier doesn’t control the disbursing account?
- How do you prevent a malicious actor from logging out the cashier and logging in their own “shop” to steal funds?
These are not exotic edge cases. They smack you straight in the face the moment you move from “wouldn’t it be cool if shops accepted crypto” to “here’s how you actually do it.” GajuPay is our solution.
What GajuPay Does
Real-world accounting occurs off-chain. A shop needs to track which sales session belongs to which cashier, route payments to the correct accounts, log exchange rates for tax compliance, match incoming transactions to specific sales instances, handle refunds through proper authorisation chains, and export all of this in formats that accounting software and spreadsheets can interpret.
None of this is on-chain. The blockchain handles the payment.
Everything else – the orchestration that makes payments useful to an actual business – requires backend infrastructure derived from deep domain expertise. GajuPay provides that backend: payment facilitation and reporting software for on-chain commerce. It’s essentially what Stripe started as, before Stripe became a financial services conglomerate.
More details on GajuPay will be published shortly.
GajuSafe
GajuSafe answers some of the world’s biggest questions (and fears) about non-custodial asset storage. The permanent loss problem is blockchain’s most significant barrier to mainstream adoption. In traditional finance, losing your bank card or forgetting your password is an inconvenience: you call the bank, verify your identity, and receive new credentials.
In cryptocurrency, losing your keys means losing your assets. Permanently. Forever. No appeals process. No customer service.
GajuSafe is a social recovery and key escrow system that allows users to designate trusted contacts who can help recover access to their Gajumaru accounts if the original keys are lost, destroyed, or the account holder becomes incapacitated.
The product will work through a combination of:
1. Trusted Contact Designation
Users pre-select individuals (family members, business partners, solicitors) who can participate in account recovery
2. Cryptographic Secret Sharing
The mnemonic/recovery phrase is split using techniques like Shamir’s Secret Sharing, so no single trusted contact has full access
3. Recovery Threshold
A defined number of trusted contacts must participate to reconstruct access, no single person other than the account holder has the entire mnemonic.
4. Confidential Transmission
The “confidential sharing” aspect provides for encrypted distribution where trusted contacts hold fragments they cannot use independently
More details on GajuDEX will be published shortly.
Da Vinci Protocol
This will be built with the DEX offerings, providing a platform to capitalise and commercialise creative and intellectual property, opening access to a currently opaque and locked USD 10.8 trillion marketplace.
What Da Vinci enables:
Buy a cinema ticket. Buy music plays from your favourite artist. Gift an album to your daughter.
Attend a gallery. Sell your art. Sell your book. License your patent.
Athlete name-image-likeness (NIL) monetisation.
Transparent, efficient, fair royalty distribution—all on-chain.
We already have offers submitted to professional footballers in Ligue 1 and La Liga for NIL monetisation, and InnovateLoyalty, a variation for corporate and retail loyalty programmes, follows the same architecture.
At the heart of the Da Vinci Protocol is the idea that value starts with a spark, but everyone who engages with that spark is part of its story. We see this as a key cog in the idea that capitalism differs fundamentally from corporatism (also known as ‘crony capitalism’) by recognising and being open to all value creators and enablers. Moreover, in the age of ‘AI’ Large Language Models (‘LLMs’) like ChatGPT, Grok, Claude, etc that utilise our data to deliver content for third parties that only they and the LLM benefit from, meta-tagging all creative content with this approach offers an opportunity for a step change that would automate the process of licensing creative content to LLMs and their users in a fair, transparent means from which all sides win.
QPQ Capital AG: SRO Regulation
We touched on this in regard to the GajuDEX’s above. Our application for Swiss Self-Regulatory Organisation membership under AMLA, enabling operation as a Virtual Asset Service Provider will be submitted in January 2026. The model follows Bitcoin Suisse and Bitpanda.
Services enabled under SRO:
The pathway leads to a FinTech banking license.
We can also double this regulatory base with a MiCAR firm in Liechtenstein or Germany under the EU VASP regime, giving us both Swiss and EU regulatory coverage.
Q2-Q4 2026: Sovereign Infrastructure
LTIN goes live on Gajumaru
The Liechtenstein Trust Integrity Network launches as the first sovereign Associate Chain, providing a global showcase for what the Gajumaru makes possible.
What LTIN demonstrates:
- National digital economy infrastructure that a country controls
- Built on a global resource layer that no one controls
- EU MiCAR compliance from day one
- Template replicable by any nation
This is the proof point. When potential government partners ask “has anyone actually done this?”, we can point to a European nation operating under one of the world’s most advanced blockchain regulatory frameworks.
Throughout 2026: Other SaaS / Web Portal Products & Services
As we launch these tools and infrastructure this year, the team continues work on even more products to further expand market coverage and real-world use.
Here are some of the products that will also be in production throughout the year.
GajuMe (PayMe)
Online invoicing system that integrates with the chain (Groot or AC) instead of with credit cards and banks. Ideal for small businesses. Chain-based payment processing with historical lookup for accounting purposes.
GajuVault
Similar to GajuSafe, but with regulated service providers holding the mnemonic keys, accessed through QPQ Capital AG.
GajuLoyalty
Corporate and retail loyalty programmes using Gajus and tokenisation. Creating valuable reward programmes that generate actual customer engagement.
Giggerlicious
Gig work facilitator. Pick up a remote work gig, get paid, have a historical lookup for accounting purposes. Giggerlicious makes hiring remote gig workers, particularly across borders, extremely easy, with instant payments for an even better experience for both clients and service providers.
GajuMall
Like GajuMarket, GajuMall is a unified marketplace but for larger scale retailers.
The Critical Window
While the future for Gajumaru is highly optimistic, we are working within a pretty tight timeline. Protected mining ends 29th March 2027. We have fifteen months to achieve critical mass adoption, ensure massive decentralisation, and lock in network effects.
At the end of 2026, we transition from selling licenses to organising miners into competitive, self-directed mining communities and associations for long-term decentralisation. Whilst there will always be more people wishing to avail of Gaju Mining SaaS and the GajuMining dashboard for easy management, the base that anchors all of this is what we need to secure in 2026. Network effects are brutal. We have won the technical race to deliver a fully functional blockchain; we have a three-year head start on any potential competitor. We must not waste it.
The Flywheel
More miners → more decentralisation → more credibility → more adoption → higher Gaju value → more resources → more miners.
We have built it. We have tested it. Now we need to scale it.
Closing Remarks from the CEO
2025 demonstrated that what we promised, we delivered and much more, despite the many challenges we were blind to at the end of 2024.
The Gajumaru works.
Groot has been operational for over fourteen months. The Gaju is in circulation. A sovereign nation chose our architecture for their national infrastructure. Over CHF 1 million in revenue with zero marketing proved the market exists.
2026 is about building on this:
- Main Net in April
- GajuDEX in Q2 – Gajus become liquid
- GajuMarket & GajuPay in Q1/Q2 – Gajus become money you spend
- LTIN going live from Q2 to Q4 of 2026 – sovereign validation becomes sovereign operation
- Regulated services through QPQ Capital AG
- A universe of platforms and services that turn the Gaju from a mined commodity into a used currency with organic demand
The window is closing. Network effects lock in early movers. First to critical mass wins. We have everything we need to win except one thing: scale.
That is where the community and their networks come in.
Thank you for your continued belief in our mission of economic emancipation through choice. The global economic resource layer that blockchain promised but never delivered. We built it, now we need to build on it and grow that base.
With warm regards and my best wishes to all of you for 2026,
Gregory Chew, Chief Executive Officer, QPQ AG