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Paxos $300M Series D Fundraise Takes its Valuation to $2.4 billion

Paxos, the cryptocurrency exchange has raised another $300 million in a Series D funding round taking their valuation to $2.4 billion. The funding round was led by Oak HC/FT and saw participation from early investors like Declaration Partners, PayPal Ventures, and Mithril Capital. The Series D funding round comes just months after the company had

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Paxos, the cryptocurrency exchange has raised another $300 million in a Series D funding round taking their valuation to $2.4 billion. The funding round was led by Oak HC/FT and saw participation from early investors like Declaration Partners, PayPal Ventures, and Mithril Capital. The Series D funding round comes just months after the company had raised $42 million in a Series C funding round in December last year.

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The cryptocurrency platform has now raised a total of $500 million in 4 funding rounds and joins the growing league of crypto companies with a multi-billion dollar valuation. The firm would ne utilize the fresh capital towards team expansion and infrastructure enhancement. Chad Cascarilla, CEO and founder of Paxos said,

“We want to be able to invest in the team and the platform. Those clients want to make sure we are well-capitalized. These are the things we want to take advantage of in that window of opportunity.”

The Rise of Crypto Firms into Multi-Billion Dollar Companies

This bull season has not just led to cryptocurrencies reaching their new highs and the crypto industry growing into a nearly $3 trillion industry, the widespread adoption of crypto assets has also led to soaring demand for crypto service providers. The soaring mainstream demand and growing recognition have also helped these crypto companies raise millions of dollars leading to multi-billion dollar valuation. Apart from Paxos, Chainalyis and BlockFi also became billion-dollar firms after their latest funding round.

Coinbase, one of the largest crypto exchanges based out of the US created history with its public debut on Nasdaq just a couple of weeks ago with a $98 billion valuation. Apart from Coinbase several other crypto companies are either financing a public debut soon or have already done so. The aggressive pace at which these crypto companies have grown this bull season shows signs of growing mainstream adoption.

To keep track of DeFi updates in real time, check out our DeFi news feed Here.

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Source: https://coingape.com/paxos-300m-series-d-fundraise-takes-its-valuation-to-2-4-billion/

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12 Blockchain Industry Experts Offer Predictions For 2020

Nothing is more certain than the past, nor more uncertain than the future. That is why predictions are made. When it comes to a new and emerging technology like blockchain, making a prognosis on what’s to come for the next decade can improve your chances of being correct. Here are 12 predictions from industry experts … Continued

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Nothing is more certain than the past, nor more uncertain than the future. That is why predictions are made. When it comes to a new and emerging technology like blockchain, making a prognosis on what’s to come for the next decade can improve your chances of being correct.

Here are 12 predictions from industry experts for 2020 and beyond. Predictions cover topics including enterprise adoption, market movements, next-generation blockchains, and regulation.

Enterprise Adoption

Chasker

Christian Hasker, Chief Marketing Officer of  Hedera Hashgraph, said:

“Blockchain and distributed ledger technology is currently squarely in the ‘trough of disillusionment’, as defined by the tried and true Gartner Hype Cycle. This is actually the most exciting time and place to be in the industry, as we are on the cusp of the slope of enlightenment when people and organizations really learn and begin to use the technology for practical, useful purposes that will change how companies, applications and users interact. We are so excited about the variety and reach of applications currently being built on top of Hedera and other parts of the DLT ecosystem, which go so far beyond what we’ve seen built on top of early generations of blockchain in the past.”

factom protocal

Greg Forst, Director of Marketing at the Factom Protocol, said:

 “This time last year, the industry said goodbye to 2018 and hoped that would mark the end of the crypto winter. 2019 has revealed numerous use cases, enterprise adoption, and advancements in the field of distributed ledgers. The most memorable thing about 2019 for the blockchain space will be the speed and sustainability with which it has regained legitimacy in the eyes of governments, enterprises, and institutional players. 

Moving into 2020, I believe this trend will continue. We are highly likely to see huge expansion as blockchain technology moves to enterprise production. We will start to see measurements of the value derived from blockchain being in production environments. The positive results of enterprise blockchain adoption will begin to reveal themselves and will encourage much broader uptake. 

I firmly believe that regulatory clarity is necessary for the industry to progress. In order for blockchain to mature, enterprises and individuals need to feel completely comfortable leveraging this technology, secure in the knowledge that their government and legal systems support them. Countries with trusted and proven regulatory frameworks will set themselves apart and provide a notable example for nations newer to the fold to also regulate the technology. Significantly, I believe 2020 will be a milestone year for advances in sentiment and regulation in the world’s larger and more powerful nations, such as the U.S, which arguably can no longer turn a blind eye to distributed ledger technology.”

pradeep

Pradeep Goel, CEO of Solve.Care said:

 “2019 was the year where the blockchain industry translated the hype of previous years into practical use cases, with a number of key players emerging to provide solutions for real business problems. In turn, this led to an overall improvement in the understanding and sentiment of blockchain, prompted in part by large-scale adoption by global enterprises, such as Facebook and JP Morgan. A Deloitte report revealed that 34% of companies have already initiated a blockchain deployment, while 86% of leaders are confident that its mainstream penetration is inevitable – results which are clearly indicative of the continued maturation of the market.

 Although governments around the world remain centralized, there is still an opportunity to incorporate decentralization into certain aspects. 2020 will certainly see further government integration of blockchain technology in order to process large quantities of data between agencies, services and administrative bodies. Distributed ledgers will be crucial to streamlining interaction and information sharing between these entities. Countries such as China and Estonia are already utilizing blockchain to manage citizens’ healthcare data and create digital identity systems respectively, and we’ll continue to see other governments pilot programs in welfare distribution, e-voting and fraud. 

 Existing businesses and enterprises have ultimately recognized blockchain’s dominance beyond digital currency and identified it as a critical priority for the future. Over the next 12 months, these companies will need to analyze their business models, and ask how, as opposed to whether, blockchain is going to disrupt their industries. Mindlessly integrating a new technology piecemeal brings its own specific risks, but those at the forefront of the revolution are creating solid strategies for holistic integration. More specifically, in the intersection of healthcare and blockchain, security balanced with accessibility should take precedent. Healthcare providers need to take advantage of blockchain technology to enrich care coordination while empowering individuals to take control of their health journeys and personal data. Allowing only those with the requisite permissions access to medical records will improve data security, trust and transparency.”

 Market Movements

GSX

Nick Cowan, CEO of the Gibraltar Stock Exchange (GSX) Group, said: 

“This year has been a steady year for the blockchain industry, with a continued arc of growth being powered by wider reach and development across numerous business sectors. Regulation has been a major focal point for many governments seeking to create some clarity, with the UK jurisdiction task force most recently concluding that Cryptoassets, including but not restricted to, virtual currencies, can be treated in principle as property. We have also seen many Central Banks looking into the creation of their own digital currencies and implementation of blockchain technology in their legacy financial ecosystems. 

As we enter into 2020, we can foresee further recognition and understanding of blockchain solutions permeating capital markets. Larger institutions are turning their attention to blockchain, so it’s safe to say that new use-cases will emerge from ongoing DLT exploration at the highest level of industry. These efforts will be geared towards the implementation of securities using the blockchain, playing towards a significantly larger market. The traditional landscape’s legacy system is outdated, inefficient and costly, a system which DLT solutions could completely redefine. 

For us, the integration of DLT solutions into the capital markets is the key priority to drastically improve the efficiency and cost-effectiveness of the current legacy platforms and T+2 model. This vision will ensure the democratisation of the markets and the generation of new, affordable avenues for entities to gain access to capital in a compliant manner.”

CROSS

Vaibhav Kadikar, CEO and Founder of CloseCross, said:

“After the tumultuous 2019, the digital asset market will mature and bitcoin prices will continue to stabilize. In the new decade, the high volatility of the asset will become a distant memory. Price stabilization will spur a renewed interest from institutional investors to enter the space. Should 2020 bring with it another economic recession, interest in Bitcoin will grow, however, this does not guarantee further adoption contrary to some crypto fanatics. A severe global or national recession could have negative reverberations for the entire crypto ecosystem, as ultimately, it could deter or exclude certain individuals from investing their wealth in the asset class. The long-term future success of Bitcoin needs to be driven by positive fundamentals, as opposed to negative forces.”

 

heckerhut

Florian Glatz, Co-Founder of Fundament Securities, said: 

 “The digitization of national currencies will continue its momentum into 2020 as more central banks and governments warm to the idea. Benoît Cœuré, head of the Innovation Hub at the Bank for International Settlements recently asserted the benefits of digital currency and strong appetite among central banks and the European Central Banks (ECB) with regard to their role in financial intermediation. 2020 will see the People’s Bank of China launch its digital yuan, and the debate for digitizing the Euro will become more acute.

Hype and contention around Libra will not abate but actually, help to strong-arm governments into developing an alternative. The benefits of Libra certainly won’t be felt on a global level as purported but likely launch in some backwaters where the immediate impact will actually be felt. 

The G7 will continue to hold steadfast against Libra and the privatization of money throughout 2020 but eventually will cower to central bank digital currencies and stablecoins. Breaking its previous peak, Bitcoin will surpass $20,000 in the new year and growing concerns over the surveillance economy drive people to its anonymity and privacy.”

Next-Generation Blockchain

jaekwon

Jae Kwon, CEO, and Co-Founder of Tendermint Inc (Behind Tendermint and Cosmos) said:

“The next generation of blockchains will naturally be a system of independent yet cooperative entities. The ecosystem will be flexible — a multitude of interoperable systems able to fit the contours of the real world rather than the previous one chain to rule them all mentality. Multiple, sovereign blockchain with different applications, political philosophies, and validator sets will be able to interoperate. An open, sovereign, secure network of interconnected blockchains, or “Internet of Blockchains,” will emerge from interoperability protocols like Inter-Blockchain Communication. In the decade ahead, there exists not one monopoly or an oligopoly but a vast federation of networks speaking a common protocol for interoperability. Distributed ledgers will support a new global economy and decentralized finance will reach every corner of the globe. Tokenized derivatives, synthetic instruments, and as-yet unimagined financial instruments stemming from cross-chain collaboration will become realized.”

Lane

Lane Rettig, Developer Evangelist at Spacemesh, said:

“2019 was primarily a year of refocus for the industry, as we moved further away from the ICO craze and the opportunistic, quixotic use cases that dominated over the past couple of years. The announcement of Libra was the year’s watershed moment, creating a lot of noise and piquing the interest of the general public. But in the background, a lot of progress was made on important, foundational technologies such as zero-knowledge proofs, and we also saw the rapid growth of the Ethereum DeFi ecosystem through the success of projects such as Maker and Compound.

I predict that 2020 will see the launch of multiple ‘third generation’ blockchain projects, an exciting prospect even if only a fraction of these projects go live next year. The next 12 months will be about continuing to generate momentum with a focus on building essential infrastructure for consumer-facing apps that possibly won’t launch for another few years.

Going forward, in order for blockchain platforms and the apps built on top of them to stand a chance of making their mark, improving usability and finding product-market fit must be prioritized far more than they have been to date. This can and, I believe, will engender a significant shift in how users perceive and interact with blockchain. Similarly, blockchain communities will recognize the importance of good governance and will increasingly prioritize it in order to stay competitive and stand out from an increasingly crowded field of competing platforms. As blockchain technology continues to become more prevalent and impacts more industries, I hope that, as a community, we don’t lose sight of the potential for this technology to have a profoundly positive impact on human society at large.”

Paris Blockchain Week

Nicolas Cantu, Co-Host of Paris Blockchain Week Summit and Co-Founder of Chain Accelerator, said:

“A number of significant milestones emerged regarding the state of the blockchain industry in 2019.The launch of Ethereum 2.0 in 2020 will hopefully benefit from the lessons of version 1, in which we learned that developing strong technical foundations are essential to the success of a chain. The industry has also learned some tough lessons regarding the difficulties surrounding widespread adoption, finding a stronger echo in the daily lives of people will be key to solving this issue–something a corporate model might effectively achieve.

Several notable trends stand out as ones to watch in 2020. The ecosystem of private blockchains will most likely concentrate around IBM. The shift towards decentralized finance (DeFi) projects will likely encounter their first roadblock in the need to show evidence of both resilience and scalability, while such networks provide significant potential to open access to financing, the practicalities require considerable development.

I hope to see 2020 bring a renewed focus on the fundamentals of the industry. Education must be prioritized in every facet of the industry from cybersecurity to business management. On a broader level, I would like to see self-governance move beyond its theoretical roots in the blockchain industry to concrete application in a variety of use-cases and domains.”

Regulation of the Industry

Alexander

Alexander Schell, Executive Director of the Crypto Valley Association, a leading global blockchain and cryptographic technology ecosystem, said: 

“With new announcements expected from the Financial Action Task Force (FATF) regarding Virtual Asset Service Providers (VASPs) in Summer 2020 and the impending Bitcoin halving, the first half of next year will see momentum building around key developments such as these. 

The CVA recognizes that the FATF’s updated guidance on the treatment of VASPs, which lays out due diligence measures to prevent money laundering and terrorist financing, has posed significant challenges to its members. Increased clarity from the FAFT on its position relating to VASPs globally will be particularly helpful. As the industry focuses on innovation and enterprise adoption, it is imperative that regulators do not implement policy that will create obstacles and stifle the development of the industry.

To ensure the longevity of the blockchain and crypto industry into the next decade and beyond, key players need to work together to prioritize education, ensuring adoption continues to occur on a wider scale. Further, the industry must work to find new use cases that will allow easier access to crypto assets as opposed to the current cumbersome and insecure laptop and hardware wallet combination. Existing products are not sustainable long term and building better user interfaces to provide end-users with safe and easy access to digital assets is critical at this point.” 

dave hodgson

Dave Hodgson, Director and Co-Founder of NEM Ventures, said: 

“In 2019, we have seen an increase in governments, regulators and central banks engaging with blockchain and crypto in general – sometimes positively and sometimes not so positively. Notably, the Financial Action Task Force (FATF) recommendations around Know Your Customer (KYC) continues to have an impact on how crypto exchanges operate; the Libra association continues to divide regulators, customers and the crypto industry, and the launch of the first Security Tokens by both major institutions (Societe Generale) and national markets, such as Germany (BitBond), is making waves. Altogether, these movements prove that the industry as a whole is evolving, and, with it, various parties are forced to ask some difficult questions as we gain more regulatory clarification. 

Looking forward to 2020, there are many trends and movements to look out for. Previous Bitcoin halving events have grabbed the public’s attention and the technical analysis is lining up to make sure this one is no different. As well, multiple large chains will be releasing significant technology upgrades – Ethereum with ETH2.0 and NEM with Catapult – both in early 2020. I believe we will also witness continued innovation in the DeFi space which is accelerating every quarter now, coupled with increased security token issuance and maturation across the board, and, if the market returns to fundraising, it will be a more well-structured mechanism than last time. We are seeing the fruits of many projects’ labour coming to fruition – with a particular focus on using blockchain for climate-impacting solutions – improving efficiency while decreasing carbonisation and power consumption.” 

Kevin Sekniqi, Co-Founder and Chief Protocol Architect at AVA Labs, said: 

 “In 2019, there has been a lot of talk about regulation in the industry – and while this has made headlines globally and caught the attention of several governments, the industry is evidently ripe for regulation granted the number of projects operating in the space. There have been a number of U.S. government bodies that are focusing on creating frameworks, including FinCEN, IRS, SEC and CFTC. While there have been efforts to control the industry in terms of backlash on unclear intentions of projects and lawsuits from different government agencies, it would ultimately be helpful to see frameworks/guidelines made to help foster innovation within the U.S.

 In 2020, I believe we will see a resurgence of Security Token Offerings (STOs), that are done at scale and in a manner that is regulatorily sound. I also expect to see a growing trend towards increased tokenization and growth in the issuance, trading and settlement of digital assets using blockchain. 

 Our priority moving forward should be making sure we have firm and compliant foundations that foster the creation of new markets. It is imperative that the tech stack is compliant from the ground up in order to be synonymous with market regulatory frameworks. Blockchain can act as a means to democratize trading, by streamlining the creation of new markets, creating more accessibility to assets, to enabling more liquidity for historically illiquid assets. Ultimately, I look forward to seeing this technology being leveraged to create an even playing field for everyone.”

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Source: https://cryptocanucks.com/12-blockchain-industry-experts-offer-predictions-for-2020/

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Palantir Now Accepts Bitcoin, Mulling Investment: Report

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The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

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VulcanVerse’s Marketplace Volume Triples from $5m to $15m, $20M Giveaway to Follow

Press Release: Newly-launched decentralized gaming platform, VulcanVerse, offers $20m giveaway as volume on its in-game marketplace triples.  11th May 2021, Cardiff, United Kingdom – Decentralized gaming platform, VulcanVerse is launching into the online gaming world, with record growth in users following a successful token sale.  The gaming platform is positioning itself as a pioneer in […]

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Press Release: Newly-launched decentralized gaming platform, VulcanVerse, offers $20m giveaway as volume on its in-game marketplace triples. 

11th May 2021, Cardiff, United Kingdom – Decentralized gaming platform, VulcanVerse is launching into the online gaming world, with record growth in users following a successful token sale. 

The gaming platform is positioning itself as a pioneer in NFT-based gaming, an area that has recently seen a huge surge in interest as a result of the wider NFT-mania that permeated the cryptocurrency market earlier this year. VulcanVerse expects to capitalize by converting this newly-found interest in online gaming into increased adoption for its own unique virtual world. 

With that aim, VulcanForged, the project behind VulcanVerse, has made several integrations with other blockchain-based platforms, including Polygon (formerly Matic), to broaden its reach. The team recently completed a sale for the platform’s native token, PYR, aimed at stimulating activity in its in-world marketplace. VulcanVerse wants to establish itself as a leader in decentralized gaming.

VulcanVerse In Demand 

Indeed, both have increased demand for VulcanVerse’s fantasy platform. PYR completed a successful token sale just over three weeks ago which led to a threefold increase in the volume from $5 million to $15 million on the platform’s marketplace, Vulcan Marketplace. The marketplace, which allows users to trade NFTs used in the fantasy game, is now one of the top five NFT marketplaces in the cryptocurrency space as a whole. 

As well as arctic as the native currency for the Vulcan Marketplace, PYR is also a utility token that can be used for staking, fee settlements, DeFi game launchpads, platform pools, and play-to-earn benefits as well as discounts for items on the Vulcan Marketplace. PYR is now available on Uniswap and Quickswap DEX.

In addition to sound economic performance, both for PYR and the platform’s own marketplace, VulcanVerse’s team has been pushing ahead with a number of integrations to sure up the platform’s infrastructure, as well as attract new users. The team has partnered with several leading blockchain platforms, Arkane Network and Polygon. The most recent Polygon partnership sees PYR launched on the Polygon network via an adapted version of the network’s Plasma feature, a layer two solution that aims to fix Ethereum’s scalability issues. The objective is to ensure VulcanVerse’s infrastructure can handle any increased output generated by an expected influx of users as the game expands as well as gain support from more established projects.

In a bid to incentivize even more growth, the VulcanVerse team is conducting a $20m PYR giveaway, the details of which can be found here

Navigating the VulcanVerse

As well as good macro-performance, VulcanVerse’s gaming world is a carefully scripted and rich environment itself. Land is integral to the in-world gameplay, with users able to buy plots of 20×20 square meters to build on or sell later at a higher price. Although new users can explore the universe without owning land, certain features of play are only available to landowners in order to encourage the evolution of the environment through building. 

Each plot of and the tools used to build on land are associated with specific “levels” all themed after Greek mythology. Users unlock these levels in gameplay, with each new level producing higher-value land and a more complex set of building tools.

As well as land, the VulcanVerse hosts NFT-based creatures called Vulcanites. Each Vulcanite is unique, has a tailored lore and set of skills that can be upgraded. They can be used to forage materials, compete for exclusive NFTs during treasure hunts or participate in community-led mini-games and side-quests. To balance world-building and interactivity, they provide benefits for their owners and help them level up but cannot be used to negatively affect others (e.g. they cannot attack players unless it’s part of an event). 

Vulcanites can be traded as 2d game cards on the VulcanMarketplace where users can browse other users’ Vulcanite stats. 

About VulcanVerse

VulcanVerse is a virtual world set in the Greco-Roman era. It is a stand-alone game that uses blockchain technology to enable users to truly own their land and assets. Its detailed lore is written by the authors of Fighting Fantasy, a series of successful single-player role-playing gamebooks created by Steve Jackson and Ian Livingstone. Additionally, the virtual world boasts complex gaming tools and multiplayer game-playing functionalities. 

VulcanVerse is blockchain-based, with key items in the virtual world existing as NFTs on a purpose-built blockchain. Its virtual world can be accessed via a downloadable application that recently became available on Google’s Play Store. 

The team behind the virtual world consists of a number of veteran online gaming developers and enthusiasts, selected from a wide cross-section of gaming companies including Vulcan Forged, Serv Reality, Spark Labs, and Fabled Lands Ltd.

For more information on how to become part of the VulcanVerse, visit their website here.

VULCANVERSE is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

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Introducing CoinWind: Smart Yield Optimizer on BSC and HECO

Singapore, May 10, 2021 – Currently supported on HECO (Huobi Eco-Chain) and BSC (Binance Smart Chain), CoinWind is a smart yield farming platform that automatically matches pledged tokens to maximize all user revenues. In the increasingly competitive landscape of DeFi (decentralized finance) yield farming, CoinWind effectively solves issues of both low revenues from single-token mining […]

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Singapore, May 10, 2021 – Currently supported on HECO (Huobi Eco-Chain) and BSC (Binance Smart Chain), CoinWind is a smart yield farming platform that automatically matches pledged tokens to maximize all user revenues.

In the increasingly competitive landscape of DeFi (decentralized finance) yield farming, CoinWind effectively solves issues of both low revenues from single-token mining and high risks from impermanent losses on LP (liquidity pool) mining. Currently the TVL (Total Volume Locked) on the platform is an impressive USD 2.69 Billion.

A Smart Decentralized Finance Management Platform

Positioned as a smart decentralized finance management platform and not simply an aggregator tool, CoinWind focuses on optimizing users’ yields.

The high-yield, safe and reliable platform places tokens deposited by users into the different pools, and mobilizes funds from certain token pools to participate in different liquidity minings, all according to a combination of project selection and mining strategies.

At the same time, this is combined with token price hedging strategies to mitigate impermanent loss in liquidity mining so as to ensure the safety of funds.

The aim is to maximize the rate of returns for users while reducing unpredictable losses.

High Yield Products: Single-Token and LP Farms

Currently launched on HECO and BSC, CoinWind plans to integrate other chains such as ETH and OKT in the future.

According to Musk, Head of CoinWind Community, CoinWind’s competitive edge is in offering low user thresholds and maintaining high yields that work together to attract liquidity providers. In the Chinese DeFi space, the platform is one of the most popular in terms of single-token mining.

Professional project selections include screening audited, popular and relatively stable projects, combined with mining strategies to optimally match up with high-yield pools for highest profit returns as well as hedging strategies to reduce impermanent losses, a frequent concern in yield farming.

CoinWind offers both Single-token (or Single-Asset) mining and LP (liquidity pool) mining opportunities, offering attractive APY (annual percentage yield) with flexible staking.

For single-token mining opportunities, there are currently 16 tokens on HECO and 14 on BSC. Some APY highlights would include MDX token (208.99% on HECO and 305.67% on BSC), USDT (30.08% on HECO and 35.37% on BSC), DOGE (44.85% on HECO), HUSD (33.87% on HECO), UNI (31.44% on HECO), HDMX (140.23% on BSC), BUSD (44.27% on BSC) and WBNB (37.57% on BSC), amongst many others.

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For liquidity pool mining opportunities, there are currently 15 pairs on HECO and 15 pairs on BSC. Some APY highlights would include MDX-USDT (215.38% on HECO and 278.73% on BSC), MDX-WHT (207.72% on HECO), MDX-WBNB (376.08% on BSC), MDX-BUSD (402.76% on BSC), MDX-HBTC (191.33% on HECO), MDX-BTCB  (341.53% on BSC), WBNB-USDT (74.79% on BSC) and MDX-ETH (232.58% on HECO), amongst many others.

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Automatically Reinvests Profits

CoinWind also does not let the income generated in the LP pool lie idle. Every 5 – 10 minutes, it automatically reinvests the profits into high-yield projects and this process is continuously repeated so that incomes are efficiently used to generate optimal profits and it also saves time for the user who would otherwise have to manually process this.

As of this writing, total user revenues have reached USD 85,578,977.14.

Strong Growth Potential MDX Token as Target Value

CoinWind currently uses the MDX token as the target value, a nod to MDEX, the largest platform on HECO and performing well in the competitive BSC environment. The leading DEX (decentralized exchange) implements a unique strategy of dual mining, combining liquidity and transaction mining. This has led to an explosive growth in its platform trading volumes.

Recognizing the stellar performance and strong growth potential of the MDEX platform, CoinWind’s utilization of the MDX token as a core value of exchange on its platform is yet another astute move.

For more info about CoinWind, visit the official website: https://www.coinwind.com

CoinWind official channels:

Twitter: https://twitter.com/coinwind_com

English Telegram: https://t.me/CoinWind

Chinese Telegram: https://t.me/coinwind_cn

Medium: https://mdex.medium.com/

Media Contact

Cecilia Wong, yourPRstrategist.com

pr@yourPRstrategist.com

+65-91826605

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