Press Release
PRICE RELEASEBinance is an interesting company. the world’s largest cryptocurrency exchange, it also has no official headquarters and operates outside regulatory control. Its steps will not be halted by this. Binance.US secured funding this month at a valuation of $4.5bn, making it a compelling case for Binance lovers. Freedom Protocol today announced that it has broken a record for IDO volume.
Freedom Protocol, a financial protocol designed to make pledging simpler and more efficient, is now available. This is the biggest IDO amount with more than $4M and another major DeFi project on Binance Smart Chain.
Freedom Protocol makes smart decisions to raise money while it is still able. Its revenue depends on the volume of trading in its cryptocurrency, which can be volatile. While it is important to save capital as much as possible, it is also important to build relationships with investors from outside. Freedom Protocol has raised $4 from ordinary users, not professional agencies.
Freedom Protocol enthusiasts like to say that they are always challenging the financial system. They believe that the Freedom Protocol boss is planning something, no matter how hard his actions may seem. It takes a similar amount of faith to make the $4M IDO for DeFi platforms a reality.
Freedom Protocol declared that they want to provide simplicity and ease in financial investing for everyone who is interested in crypto. Binance Smart Chain (BSC), which Binance launched, welcomed them warmly. It helps them to set a new record for IDO volume in a matter of days.
They are welcomed by the opinion leaders first. A handful of KOLs (Kolution Leaders) on Twitter send passionate tweets about this project. Then, outdoor advertising is published in Australia and many campaigns are started.
Freedom Protocol is one example. It focuses on private investment and stakes in private businesses, as well as individuals. These are all areas that institutional clients have seen increasing their allocations. Freedom Protocol has launched its international business, as well as the adverts for German airport taxis, which show the commitment of Freedom Protocol in helping more people in other parts of the world.
Freedom Protoco doesn’t have much to offer but believes that traditional finance needs to be replaced. And this time it is companies and management that need to adapt to DeFi’s needs, rather than vice versa.
Changpeng Zhao, Binance’s chief executive, described DeFi in a positive way as an infrastructure for the future digital age. He encouraged many entrepreneurs and investors to join him on his DeFi journey.
However, mainstream acceptance of crypto will take time. Cryptocurrency is still being misused for money laundering, and other criminal activities. Regulators are concerned. US SEC chair Gary Gensler has called crypto markets a “Wild West”. Potential investors and employees are both put off by the loudness. Freedom Protocol tweeted this week that it was trying to obtain cryptoasset licenses in Japan and Dubai. This is a departure from Freedom Protocol’s previous portrayal of itself as an organization decentralized with no central headquarters.
Dubai’s permissions allow the firm to provide limited services to professional financial service providers and pre-qualified investors. “The firm will also locate a “blockchain technology hub” in the Dubai World Trade Centre.” Oscar, Founder of Freedom Protocol said.
Freedom Protocol’s popularity is only one reflection of something much larger: The enormous impact that crypto has left on financial innovation and the financial system. It is important to note that the financial burden directly influences the lives of everyone employed on this planet.
According to estimates, the global cryptocurrency market will be worth $2tn. Binance’s own digital token is up more than 1,000 percent since the start of 2021. Freedom Protocol provides a unique view on Binance’s success in recent years.
Freedom Protocol may have a plan for completely changing the financial system. Perhaps it will become a cryptocurrency payments company. Maybe an NFT trading portal. Or perhaps all the platform’s users just want to own it.
Website: www.freedomprot.com
Oscar
Email: [email protected]
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