# \[Gloop\] Grant Bi-Weekly Update 5

**URL:** <https://gov.gmx.io/t/gloop-grant-bi-weekly-update-5/3885>\
**Category:** GMX Grants Reports\
**Created:** [September 5, 2024, 11:13am UTC](https://gov.gmx.io/t/gloop-grant-bi-weekly-update-5/3885 "2024-09-05T11:13:51Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![gloop](https://avatars.discourse-cdn.com/v4/letter/g/e47774/32.png) [@gloop](https://gov.gmx.io/u/gloop)\
**Post date:** [September 5, 2024, 11:13am UTC](https://gov.gmx.io/t/gloop-grant-bi-weekly-update-5/3885/1 "2024-09-05T11:13:51Z")

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**[Gloop] Grant Bi-Weekly Update**

**Date: [September 5th 2024]**

**I. Executive Summary:**  
Gloop is nearing its Token Generation Event (TGE) while refining its points contract, collaborating with a token launchpad, and completing the front-end development.

**a) Roadmap Progress  
As the protocol is not live, milestones are unchanged.**

 

**II. Current Progress:  
With the smart contracts completed and the front end under way, gloop is refining a new points contract, preparing for TGE, working out a deal with a token launchpad, and finishing up the new front end.**

 

**III. Community Engagement:  
Monte continues to engage the bois and post memes on x.**

 

**IV. Partnerships and Collaborations:  
Gloop is partnering with Magna for token distribution, and working on a partership with fjord foundry.**