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OPEN announces partnership with Danhua Capital [DHVC]

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OPEN announces partnership with Danhua Capital [DHVC]
Source: Open Platform

The OPEN team is thrilled to announce Danhua Capital, also known as DHVC, as one of their latest investors and strategic partners. Danhua Capital is an early stage VC fund with more than $700MM in capital focused on investing in projects and technologies that have the potential to disrupt the world.

While it invests across all sectors, their blockchain portfolio is especially impressive as they were early investors in projects like NEO, Aelf, Zilliqa, and Ontology – just to name a few. All of these groundbreaking projects have had valuations of over a $1 Billion.

For this reason, their support for OPEN’s vision of bringing cryptocurrency to the mainstream by empowering application developers is especially relevant. Danhua recognized OPEN’s ability to assist developers in integrating multiple blockchains into their core technology stacks without the need for learning chain specific languages such as Solidity as a groundbreaking innovation.

Danhua has a history of backing hyper-successful projects. In fact, over 10 portfolio companies of Danhua Capital have been able to achieve the coveted $1 + Billion valuation mark. OPEN is honored to be a part of such an incredible portfolio and to have the leaders of Danhua Capital see the same potential in OPEN’s vision.

OPEN envisions a world where all applications accept cryptocurrencies as easily as they do fiat currencies. Applications of the future will not entirely be on the blockchain, nor will they entirely live in centralized servers. The truth lies in the middle, with the blockchain serving as a kernel to do things that it’s technology is uniquely suited to do, such as payments, asset issuance, transparency, and auditability, and letting centralized databases handle computation.

In order to do so, the blockchain part of an application must be able to seamlessly speak with other parts of the application.

That is the core of what OPEN does – they enable different types of data, some represented in decentralized networks and others in centralized ones, communicate with each other.

OPEN starts with payments as it is logical that liquid, digital currency be used to purchase liquid, digital assets. This first step enables cryptocurrencies to function equivalent to normal currencies. The key components that OPEN uses are a set of off-chain APIs and Developer tools that abstract away the difficulties of blockchain technologies, interoperable on-chain Scaffolds that are deployed to each of the blockchains in our ecosystem, our own high throughput OPEN Chain, and an innovative Blockchain Load Balancing Protocol.

The Danhua team recognizes the potential OPEN has to bring mainstream adoption to the blockchain space by building an API connected to a scalable and interoperable blockchain network that makes it incredibly easy for developers to integrate the blockchain into their applications.

With offices both in Shanghai and Silicon Valley, they have been able to see, firsthand, the power of the API economy that has transformed the technology landscape over the past few years.

APIs have the unique ability to simplify a complicated technology into an easily accessible tool for the developer, thereby enabling the adoption of otherwise hard to integrate technologies. APIs have helped big software companies, like Uber and Netflix, to vastly improve their product offering and have helped propel them to becoming incredibly successful companies.

OPEN is providing its API services to make blockchain integration painless for developers – thus enabling mainstream adoption of decentralized technologies, and bringing the massively successful API economy to the blockchain industry. The world is currently populated by millions of centralized applications that are eagerly awaiting a secure, easy-to-implement and scalable solution. This solution is OPEN.

OPEN brings tremendous value to Danhua’s already phenomenal portfolio by providing an essential infrastructure that other portfolio companies can leverage to grow their existing businesses.

OPEN also has several industry leaders in the blockchain space backing it, including RChain’s Reflective Ventures, NEO’s Neo Global Capital, Draper Dragon, Sora Ventures, Element Group, One Block, Jeremy Gardner, and more!

With the top public blockchain projects in both Asia and the U.S. backing it, as well as investments from leading crypto funds and individuals, OPEN is quickly emerging as one of the most promising projects of 2018.

To know more about OPEN, click here!





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Press Release

stableDEX.io: A Stablecoin Exchange that will Revolutionize the Crypto Trading Industry

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stableDEX.io: A Stablecoin Exchange that will Revolutionize the Crypto Trading Industry
Source: stableDEX.io

Cryptocurrencies have been a booming industry for the past several years and there seems to be more potential for this industry in the future, especially due to the growing acceptance and continued developments like the introduction of stable coins which address and solve the issue of excessive volatility and market inefficiencies in the crypto space. Better technology and platforms like stableDEX, which will be fully operational in less than a month, are expected to revolutionize the industry and make it a better place for traders, crypto enthusiasts and everyone involved in the financial markets.

The stableDEX platform offers a 100% decentralized peer to peer trading environment. By using stableDEX the users retain full custody and control of the assets within their wallet. The platform offers most of the stablecoin pairs that are currently traded and many more asset-backed tokens will be listed ongoing.

stableDEX will offer many tools to assist and support the trading community. Margin Trading to increase the transactional capacity, automated trading for the traders using algorithms with top speed execution. Asset Manager tools to enable decentralized 3rd party trading. stableDEX has its own platform currency called the STDEX token that can be used to pay transaction fees and services at a discount and earned by executing orders on stableDEX.

stableDEX is developed to offer digital assets to the trading community in a professional manner. Tools and features are designed for institutional trading, products are selected with a focus on stability and multiple services are offered to the community. stableDEX will be one of the most important gateways on the road to mass adoption of cryptocurrencies.

The STDEX token Initial Exchange Offering [IEO] will be hosted by ExMarkets, which is one of the major launchpad providers for IEO’s.  Many are looking forward to the upcoming IEO starting on the 4th of July and lasting maximum 1 week until the 11th of July 2019. Only 5 million STDEX tokens [5% of the total token supply] will be offered at a 50% discounted price of USDC 0.50 during this period. ExMarkets is excited to host this IEO and also to provide an excellent interface where the clients can open accounts to participate in the stableDEX IEO.

To join the stableDEX IEO:

Register on exmarkets.com

Read the Whitepaper

Join the official telegram community





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