NUR-SULTAN, Kazakhstan - December 21, 2020 - (Newswire.com)
Despite the exponential growth of the DeFi market throughout 2020, the industry is now dealing with a short-term plateau, as the market matures and projects are put to the test. Indeed, innovative use cases like governance, yield farming, and non-fungible tokens (NFTs) will play an essential role in the future s economy, but not all of them will survive.
GoldenPyrex Is Building a Sustainable and Independent Token Ecosystem
A key reason behind failing projects is their improper liquidity assurance. Tokens require liquidity to strive, and this is normally generated via third-party trading. However, a key principle of the crypto market is to reduce friction caused by intermediaries, thereby increasing simplicity.
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PRESS RELEASE. Gaming venture capital firm Yolo Investments (formerly known as Vereeni Investments) exited its investment in Estonia-based online gaming and sports betting operator Coolbet for an impressive 5.8x return. The acquisition of Coolbet by GAN Limited marks the first start-to-exit investment in Yolo’s portfolio.
General Partner and Founder of Yolo Investments Tim Heath said:
“This is a very significant milestone for all of us at Yolo. It makes us especially proud to have been the early investors for Coolbet, back when we started Vereeni Investments in 2017.”
The funds will be used to reinvest in Yolo’s growing investment portfolio, which spans 46 investments across four funds focused on fintech, gaming and live casino, as well as other related products and services.
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TALLINN, Estonia, Dec. 15, 2020 /PRNewswire/ Gaming venture capital firm Yolo Investments (formerly known as Vereeni Investments) exited its investment in Estonia-based online gaming and sports betting operator Coolbet for an impressive 5.8x return. The acquisition of Coolbet by GAN Limited marks the first start-to-exit investment in Yolo s portfolio.
General Partner and Founder of Yolo Investments Tim Heath said: This is a very significant milestone for all of us at Yolo. It makes us especially proud to have been the early investors for Coolbet, back when we started Vereeni Investments in 2017.
The funds will be used to reinvest in Yolo s growing investment portfolio, which spans 46 investments across four funds focused on fintech, gaming and live casino, as well as other related products and services.
CoinsLoot Launch World s First Crypto Loot Boxes, With 10% Free Crypto, Prizes and Staking Rewards
CoinsLoot s is launching the world s first crypto Loot Boxes with free crypto, big prizes, and native LOOT token rewards, with IEO running until 24/12/2020.
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KINGSTOWN, St. Vincent, Dec. 15, 2020 /PRNewswire/ CoinsLoot is a decentralized crypto platform offering a range of benefits for gamers, investors and cryptocurrency enthusiasts. For the first time ever, users can purchase Loot Boxes with ERC-20 tokens to reveal a secret selection of cryptocurrencies and huge prizes, like the Tesla model X. Anyone can buy the platform s native LOOT token from the IEO and stake them to earn rewards on every Loot Box transaction. The boxes use a provably fair algorithm to guarantee safety and fair returns.
P2P Crypto Exchange Remitano Announces Top Ads Bonus Program
P2P crypto exchange Remitano announce details of their Top Ads Bonus program, where market makers can earn free USDT
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VICTORIA, Seychelles, Dec. 15, 2020 /PRNewswire/ A cryptocurrency exchange provides a platform for people to buy/sell cryptocurrencies in a safe environment. An exchange is only functional if there are enough people to trade, especially if it s a P2P exchange. The market makers are the category of traders that provides liquidity for the exchange, by placing buy/sell ads on the platform. This liquidity is what makes an exchange functional.