Day: January 17, 2023

Dan Alamariu
MONTREAL – January 17, 2023 – (Newswire.com)

Alpine …

Unbanked Inc. recently launched a crowdfunding campaign after taking 1st Place in the Shark Pitch competition judged by celebrity investor Kevin O’Leary

Unbanked Team with Kevin O’Leary
Unbanked takes 1st Place in Shark Pitch Competition with Kevin O’Leary

NEW YORK – January 17, 2023 – (Newswire.com)

Today it was announced that Unbanked Inc., a fintech company that connects traditional banking products with blockchain and digital assets, has taken first place in the Shark Pitch competition and launched a crowdfunding campaign offering a limited quantity of shares. The launch of this Reg-CF campaign will enable investors to participate in Unbanked’s capital raise and purchase an ownership stake in the company. 

Unbanked was invited to participate in the Shark Pitch with celebrity investor Kevin O’Leary judging the competition. After beating out other startups, Unbanked took 1st place in the competition and was awarded a $25,000 cash prize. Kevin O’Leary stated, “I’m gonna go with Ian & Daniel at Unbanked because they have proven their model in a really interesting place and they have significant revenues, but they are not the only great team of entrepreneurs in this contest. If I had to put two million bucks to work I’d probably put it in there right now.”

Investors looking to participate in Unbanked’s equity offering can do so here. This crowdfunding campaign follows other oversubscribed capital raises Unbanked has hosted on Republic with more than 5,000 individual investors participating. The minimum investment in Unbanked is $250, and there is a limited quantity of shares offered via a SAFE at a 20% discount. The intent is to make Unbanked Inc.’s next investment round a priced round facilitated by a lead institutional investor.

Unbanked Inc. provides B2B crypto infrastructure for many popular cryptocurrency-powered consumer debit cards. Clients of Unbanked include Litecoin Foundation, StormX, Nexo, Stacks, & more who use the Unbanked platform to offer their own branded white-label debit cards and bank accounts for consumers. This suite of highly bespoke financial products act as an easy gateway from dollars to cryptocurrencies and vice versa – creating a financial experience unique to the holder.

“Being invited to participate in the Shark Pitch competition was an amazing experience,” said Ian Kane, Co-CEO and Co-Founder of Unbanked. “Kevin is an exceptionally knowledgeable investor, and having his vote of confidence meant a lot because he knows the nuances of our industry. I’m excited to launch this capital raise and fuel Unbanked’s continued growth.” 
 

Invest in Unbanked Inc.

About Unbanked

Unbanked is a global fintech solution built on blockchain. Predicated on the ethos that financial access and control is a fundamental human right, Unbanked connects traditional enterprise, fintech, and banking systems with blockchain infrastructure, expanding the utility of cryptocurrency for investing and everyday purchases. The company has a suite of highly bespoke financial products which enable both the banked, unbanked, and underbanked to create a financial experience as unique as the life they live.

You can learn more at Unbanked.com

Contact Information:

Ian Kane

CEO

[email protected]

Press Release Service
by
Newswire.com

Original Source:

Unbanked Inc. Takes 1st Place in Shark Pitch Competition & Launches Crowdfunding Campaign

Should you wait for the market to burst? Should you wait for the Christmas season? We spoke to an expert to find out the truth.

DeSo DEX – The Worlds Fastest On-Chain Social Order Book Exchange
DeSo DEX enables secondary trading of Openfund tokens, providing instant liquidity to founders and their contributors, and unlocking capital they can use to grow their startups.

LOS ANGELES – January 17, 2023 – (Newswire.com)

Takeaways:

• DeSo, a new blockchain that has raised $200 million from Coinbase, Sequoia, and Andreessen Horowitz, just launched DeSo DEX, the world’s fastest fully on-chain order-book exchange, capable of processing 40,000 matches per second.
• This comes on the heels of the launch of Openfund, which allows ambitious founders and builders to raise millions of dollars from anyone in the world as easily as creating a social media account.
• DeSo DEX enables secondary trading of Openfund tokens, providing instant liquidity to founders and their contributors, and unlocking capital they can use to grow their startups.

Until recently, few believed a fully on-chain order-book exchange was technologically possible. As a result, users were forced onto centralized off-chain exchanges like FTX, which could abscond with their assets.

That all changed today with the launch of DeSo DEX, the world’s fastest and fully on-chain order-book exchange that can process 40,000 matches per second, all while allowing users to maintain full custody of their funds. A technological breakthrough, the user experience on DeSo DEX is as smooth as Coinbase, but without ever requiring users to give up custody of their funds. This comes on the heels of the launch of Openfund, a cross-chain crypto-native fundraising platform that allows anyone to start, fund, and trade the next big thing.

Openfund allows any Bitcoin, Ethereum, or Solana user to invest in promising founders before pitching to venture capitalists. The combo of Openfund and DeSo DEX disrupts the traditional early-stage financing model by unlocking immediate liquidity for both founders and contributors. Founders no longer need to wait 10 or more years for their company to “go public” and become traded on a liquid exchange.

Additionally, founders on Openfund can give contributors a liquid token with their purchase, which can be immediately traded on DeSo DEX. Trades on DeSo Dex are fast and gasless, solving a critical bottleneck during heavy network usage where transaction costs can soar.

“DeSo is the only blockchain that could support a breakthrough application like Openfund and DeSo DEX” says Nader Al-Naji, Founder of DeSo. “The DeSo DEX can process 40,000 matches per second, which makes it the fastest in the world as far as we know. Capital no longer needs to be sidelined and stuck in inefficient liquidity pools unnecessarily, and nobody ever needs to put their capital at risk with a centralized exchange again.”

This is the latest in a recent string of successes for DeSo. The platform was listed on Coinbase this last year, and announced a groundbreaking MetaMask integration as well. The platform also announced a USDC integration recently that has attracted many new builders to the ecosystem, including Openfund.

DeSo DEX is yet another example of DeSo’s true disruptive power. It is a platform that can disrupt not only social media but also the trillion-dollar early-stage financing market as well.

Contact Information:

Arash Ghaemi

Growth Marketing Lead

[email protected]

Press Release Service
by
Newswire.com

Original Source:

Coinbase-Backed DeSo DEX Launches as World’s Fastest On-Chain Order Book Exchange