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Share this article Share this article LOS ANGELES, Aug. 3, 2021 /PRNewswire/ Omni, a blockchain-based social media mega app, announced that it had successfully completed its IDO on the new Apollo-X IDO Launchpad platform. Billing itself as a launch experience, the new Apollo-X launchpad event saw art, technology, and finance meet in style, with live DJs, music, digital art, and a VR experience for social interaction, all geared towards bringing fun to the investment community. Participants were able to stake PAID Network tokens as well as participate in live NFT sales, interacting across seven virtual worlds, all hosted by the Apollo avatar, Apollo-X s brand symbol. ....
Shield Finance Closes Private Funding Round to Bring Insurance to DeFi Reading Time: 3 mins read The next generation of decentralized finance protocols and services will need to offer better security and protection to users. Insurance packages are currently a novelty in the industry, but that may not be the case for much longer. Shield Finance has a bold vision to combine the best of DeFi and insurance into an accessible and versatile offering. The Current State of DeFi Anyone who has looked closely at how the DeFi industry works will know there are big rewards but equally significant risks to contend with. There is never a guarantee to make money in any industry, yet decentralized finance can provide more lucrative rewards to incentivize users. Whether one wants to provide liquidity or engage in yield farming, every opportunity has its own potential benefits and drawbacks. It is up to users to carefully evaluate the options at their disposal and how they wish to a ....
Share: As the demand for insurance products for a highly volatile DeFi market grows, Shield Finance is introducing DeFi insurance aggregation via a forthcoming IDO after closing its recent private funding round from top private investors and venture capital funds. Innovative Platform Designed To Protect DeFi Investors Against Market Risks Although DeFi has emerged as a promising solution for disrupting traditional finance models, it still is an erratic and unpredictable ecosystem. Over the past few years, several reported instances of crypto investors facing exchange hacks, bugs, and misplaced private keys led to considerable losses in investment capital. As a result, there has been a surging demand for decentralized insurance products, which acts as a safety net for the DeFi ecosystem. To cater to this need, Shield Finance, a multi-chain DeFi insurance aggregator, will soon launch the market’s first proprietary aggregator engine designed to provide investors wit ....
Place/Date: Chiang Mai, Thailand - May 11th, 2021 at 2:27 pm UTC · 4 min read Photo: Shield Finance Shield Finance, a multi-chain DeFi insurance aggregator that will deploy across the Polkadot, Ethereum, Binance Smart Chain and Solana blockchains announced today the completion of their private fundraising rounds, having successfully reached the hard cap amount of $780 000. Private Investors. Shield Finance’s potential combined with it’s seasoned team attracted immense support from industry innovators including Master Ventures / PAID Network, DAO Maker, Zokyo, NGC Ventures, Spark Digital Capital, GD10.Ventures, Titan Ventures and others. The decentralized finance movement has been growing exponentially over the past year growing from $700 million by December 2019 to $65 billion as of April 2021. DeFi gives users full control over their money and financial future but this freedom comes with some drawbacks. As thousands of retail investors enter the attractive ....