With the advent of decentralized software, technology, and transactions, digital assets are more mainstream than ever, and blockchain-based technology is nothing new. In recent years, there has been a great deal of interest in the market, with a current market capitalization of $ 12 billion in 2022 and projected to exceed $ 60 billion in 2026. It’s no wonder that industry innovation is evolving rapidly today.
Hedge fund letters, meetings, etc. in the fourth quarter of 2021
As more and more companies revolutionize the areas of blockchain-based technology and decentralized finance (DeFi), we slowly but surely reach a turning point as most digital platforms and mobile apps take over. doing.
Voss Capital added 13.6% in the fourth quarter and believes buying value stocks is the best time “in modern history”
Voss Capital’s flagship fund, the Voss Value Fund, returned 13.6% in the fourth quarter of 2021 after deducting fees and expenses. According to a copy of the company’s year-end update that ValueWalk was able to review, the fund has benchmarks during the period, Russell 2000 and Russell 2000 Value.Read more about these indexes
There is no denying that this complex and embarrassing industry has some appeal, but finding the right time or place to create an ecosystem that can captivate the masses is an ambitious endeavor.
For AdaSwap, the right time and place is a recent funding round led by Tel Aviv-based investment services firm iAngels, which has raised more than $ 2.6 million from leading VC and angel investors. rice field.
The catastrophic funding round helps Cardano-based next-generation DEX AdaSwap develop and deploy its platform while building strategic partnerships to expand its marketing efforts.
To better understand how AdaSwap is set up to revolutionize the industry, I was able to ask a few questions to AdaSwap co-founder and strategic partnership manager Itay Levy. Levy has been in the field of cryptocurrencies since 2015, is the owner of a cryptocurrency mining company and is a PR strategist for Israel-based companies.
So far, AdaSwap has been able to successfully complete a round of funding from a variety of investors and individuals. What is your roadmap for the coming months?
Now that the product-focused round is over, this is closely tied to our great initiative to create and nurture a generation of Cardano users.
What was the biggest challenge in establishing AdaSwap DEX?
The main due diligence that the team has done for disaster prevention is from the legal side. As cryptography becomes globally accepted, we have made great efforts to ensure that AdaSwap adheres to the highest legal standards to withstand changing regulations and blockchain space in the future. I’ve been.
How do regular traders and small investors benefit from platforms such as AdaSwap?
Many traders today avoid centralized exchanges due to security risks. People prefer to protect their access to private keys and funds. This has led to the rise of DeFi, which gives us complete control over our funds. Retailers who need the ability to exchange native Cardano assets in a controlled and decentralized way can benefit from the AdaSwap platform.
In terms of consumer and trader interests, how do you push the boundaries of innovation to ensure that both consumers and investors remain interested in the services you create?
Current market competitors are focused on leveraging Cardano followers and cannot look to other blockchains to attract volume. AdaSwap launches as a cross-chain token, not only generating higher levels of trading volume, but also taking these cross-chain buyers to Cardano with our excellent utilities and incentives.
Participation also includes a free financial model where transaction fees are not charged for ASW-based transactions and a stake and forget protocol that creates an automated airdrop system through a staking pool to help users diversify their portfolios. There are also good protocols to facilitate.
Why did you decide on the first free financial model for the DeFi protocol on the Cardano network?
We want to encourage users as much as possible while helping to attract new users to the Cardano ecosystem. We help users generate additional wealth while enjoying all services at no additional cost.
Why do individuals need to see the rapidly changing pace of decentralized finance as an important part of macroeconomics?
As the world enters the digital age of global connectivity, we must interact and change the way we interact. The rise of Covid, the failure of leadership, and widespread political instability have tested confidence in traditional institutions.
The younger generation is increasingly turning to decentralized protocols to manage their money. DeFi has provided a way to benefit people and a new way to interact globally.
Blockchain is becoming more and more mainstream, so why should individuals consider joining this transaction system?
I believe that blockchain technology and decentralization are exactly what the world needs right now.
Extreme inflation around the world as the dollar loses its control and the war between Russia and Ukraine prevents ordinary people from allowing banks to withdraw their own money.
I think blockchain technology will ultimately bring transparency to the current financial system.
How do you think the future of the DEX platform will grow in the next few years?
With DeFi becoming a stable financial service, societies and regulators believe that such protocols will be adapted to mainstream applications. We look forward to seeing the growth that accompanies DeFi and the practical applications that DeFi provides to society with a wider range of capabilities.
Are there any exciting projects you can expect from the AdaSwap team over the next year?
We are very close to the announcement of the first protocol, ADANFT. ADANFT is an exclusive NFT marketplace with tiering and voting system. Later this year, we plan to launch the Ada Swap DEX with Milkomeda’s L2EVM solution.
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