What doesn’t kill you makes you stronger. As the crypto winter gets tougher, some crypto businesses are simply focused on survival, while others are working hard to grow.
The Latin American exchange Ripio says it is expanding its business and increasing its interaction with both beginner and professional crypto enthusiasts.
To that end, we focus on a variety of initiatives, including books, Web3, the launch of the Metaverse wallet, and our unique sidechain, Ripio Chain.
Ripio is one of the most important cryptocurrency platforms in Latin America. The exchange, founded in Argentina in 2013, has grown to provide services Over 3 million users Argentina, Brazil, Colombia, Mexico, Uruguay, and soon Spain.
“Quick access to the Metaverse”
At a conference at the Konex Cultural Center in Argentina, Ripio CBO’s Juan Jose Mendez reveals that he is working to make it easier for users to trade cryptocurrencies and tokens related to the Metaverse and other Web3 applications. Did.
The new Web3 wallet is “added to Ripio’s wallet platform. As a tool, you can quickly access the Metaverse.” Said Mendes adds: “The goal of this product is to accelerate entry into new stages of the crypto economy, including popular digital collectibles or NFTs, play-to-ear games, DeFi protocols, digital art markets and more.”
The wallet has multi-chain capabilities (natively supports multiple chains) and acts as a web browser extension, co-managing private keys to prevent accidents if the user loses control or knowledge of the keys.
Ripio’s “Portal” wallet is already in closed beta for Argentine users.
Lipio chain
At an Ethereum-focused ETH Barcelona event, Lipio CEO and co-founder Sebastian Serrano said that the growth of the exchange will allow the team to drive insider trading and drive the growth of the Lipio ecosystem. He explained that he started working on development.
To do so, Serrano announced they are working Lipio chainEthereum side chain.
“It will be a sidechain,” Serrano said. “We have already published a testnet, which is based on Polygon technology.”
Serrano didn’t delve into the details, but initially said it would use a credential consensus algorithm (where transactions are validated by authorized accounts) and revolve around the platform’s native tokens.Later, it’s probably For efficiency, move to the Proof of Stake algorithm (transactions are validated by someone who has the funds locked in the stake).
In addition, Ripio has published a book containing educational content to introduce the crypto ecosystem to beginners, and the company is promoting several important events, including: “Chamada Lipio” Contest held at the BIG Festival Game Festival held in Brazil from July 7th to 8th.
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