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Bulgaria, Sofia, June 9, 2022, Chainwire — Hybrid Banking / DeFi Project ChangeX is proud to announce the onboarding of a new advisory board by Fame Experts from SoftBank, Merrill Lynch and Citibank. This move reflects ChangeX’s efforts to streamline the organization’s capital acquisition and strategic development after oversubscribing the CHANGE token ICO by 180% on June 1.
ChangeX’s newly established advisory board is looking at SoftBank Vision Fund’s Neil Cunha-Gomes, whose crypto investment is Consensys, one of the industry’s most reputable brands behind major projects such as MetaMask. With over 50 years of financial, investment and capital management experience, working with experienced experts Dimiter Gurdjilov and Stefan Ivanov, including and Elliptic (one of the most trusted crypto compliance solution providers).
“We are very pleased to have Neil, Dimiter and Stefan as an advisory team. Together, they represent what ChangeX is.Brings knowledge of traditional finance, cryptocurrencies, and DeFi spaces-the three pillars of our project. “, Said Niki for Ilev, CEO of ChangeX. “”Neil’s experience at Softbank and his work at Bedminster Capital at Merrill Lincia Set Management, JP Morgan and George Soros bring valuable insights to ChangeX.“.
The third member of the advisory board is Stefan Ivanov. This is a graduate of Harvard Business School’s Leadership Development Program, a senior banker with over 25 years of experience in Citibank, Bank Paribas and Challenger Capital Management, and Citibank, Bulgaria.
“Thanks to Stephen, Dimiter and Neil, we are pretty confident in the future. CHANGE tokens are 180% oversubscribed.“Iriev added. “”Given the market conditions, the numbers are impressive and portray a long-term profile of investors. This is evident from the self-vesting mechanism that many used to lock tokens for an average of 11 months. The locked amount turned out to be very high, so when CHANGE is released on September 30, there will be 67 million tokens in circulation in the next 11 months. Due to the design, usefulness and deflation of CHANGE, we expect a very stable and sustainable aftermarket economy. “, Mr. Iriev concluded.
After the commitment phase in which investors pay the remaining deposits is completed in June, CHANGE will make its first DEX Offering (IDO) at HYDRA DEX in the first week of July. Investors who miss an ICO can buy tokens on a first-come, first-served basis.
The ChangeX app and CHANGE staking will be officially released in July, and beta versions are already available on the Google Play Store and App Store.
ChangeX is an all-in-one personal finance mobile app that integrates traditional banking, cryptocurrencies and DeFi. ChangeX provides users with high APR DeFi tools such as personal bank accounts, access to multi-chain crypto, and leveraged staking that doubles the rewards of all bet assets. ChangeX’s focus is on passive revenue and crypto empowerment, allowing users to use their in-app tokens for anything through the ChangeX Crypto debit card. Users can rent stablecoins, use locked flexible staking, buy and pay with fiat money, exchange ciphers with native ChangeX DEX, and access everything with just a few clicks. I can do it.
Follow the project on Twitter and Telegram for more details and regular updates.
The founders of ChangeX.io, Nick Ilev and Gary Guerassimov, have a rich history of developing successful crypto and fintech products, including xChange.bg, Bulgaria’s leading crypto exchange. Also attended are Nikola Alexandrov and Hristo Tenchev, co-founders of HydraChain and LockTrip, each bringing seven years of blockchain experience to the project. The project’s CTO, Martin Kuvandzhiev, is one of the core developers of Bitcoin Gold. This is a hard fork of source Bitcoin code, bringing decentralization to retailers and re-enabling mining via common GPUs.
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