[Press Release – Hong Kong, June 21st, 2023]
The Earn Community, a community-driven market for liquid investments, is blissful to announce the profitable completion of its Seed Funding spherical that raised $2.7 million from VCs and Angel traders.
As per the announcement, the spherical was led by Shima Capital. The occasion noticed the participation of different traders, together with: DFG, Jsquare, LD Capital, Cronos Labs, GTS Ventures, Bixin Ventures, ViaBTC Capital, Mars DAO, and Mirana Ventures.
Notably, the brand new funding will likely be used to additional develop new product classes on Earn Community’s market. The Earn Community has already developed DeFi Staking and shortly will likely be including three extra classes – Lending, Liquid Staking & Native Restaking. As well as, the funding can even assist the platform rent extra professionals to affix its skilled workforce, develop the group and set up new relationships with extra base layers and tasks.
The Earn Community claims that current centralized and conventional funding platforms are unable to harness the substantial worth that arises from the decentralized finance (DeFi) ecosystem and its wider panorama. Consequently, billions of {dollars} in potential funding alternatives and financial development stay untapped, limiting the potential advantages for traders and hindering the general improvement of the worldwide financial system.
The Earn Community solves this by offering a “no-code” answer, the place any particular person can leverage safe and audited templates to create their customized monetary merchandise, like staking or borrowing swimming pools. No extra hidden charges, middlemen or tedious processes. A completely self-custodial, peer-to-peer platform permits each events to freely transact. The user-friendly interface opens the door to any investor that is able to discover new yield-bearing alternatives.
Bartek Pozniak, CEO of the Earn Community, mentioned:
“Our purpose is to onboard hundreds of thousands to generate billions within the DeFi financial system. We’ve set an bold purpose to create a number one monetary market that’s prepared for tomorrow. We need to create a famend and user-friendly funding platform that provides equal alternatives to each participant worldwide.” says Bartek Pozniak, CEO of the Earn Community”.
About Earn Community
The undertaking was based within the second quarter of 2022. It’s run by a workforce of 9 people who’re on the prime of their fields. The Earn Community reaches over 150,000 customers by its personal native platform and affiliated yield-earning websites, together with MyCointainer.com. A couple of distinguished tasks, resembling Avalanche, Decimal, or Cronos, are already collaborating with the Earn Community to ship new use circumstances for crypto communities.
To check out the Earn platform, one merely wants to go to earn.network. Entry to the platform is obtainable by way of desktop or by the cell model. Always, the consumer stays 100% accountable for the funds, and curiosity is paid on to the pockets.
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