The introduction of DeSo DEX marks a significant milestone as it positions itself as the quickest on-chain order book exchange available.

Los Angeles, CA, 17th January, 2023, Chainwire

Takeaways:

• DeSo DeSo has just made its debut, having garnered $200 million from major players like Coinbase, Sequoia, and Andreessen Horowitz to forge a new blockchain technology. DeSo DEX This platform boasts the ability to handle an astonishing 40,000 matches every second, making it the fastest fully on-chain exchange out there.
• The launch of DeSo comes in conjunction with the unveiling of a platform designed to empower aspiring entrepreneurs to raise substantial funding from a global audience as effortlessly as setting up a social media profile. Openfund This platform enables the secondary trading of Openfund tokens, ensuring immediate liquidity for entrepreneurs and contributors alike, allowing them to access funds that can be reinvested into growing their ventures.
• DeSo DEX For a long time, many doubted the feasibility of a completely on-chain order book exchange. Consequently, users had to rely on centralized exchanges like FTX, which posed risks of asset misappropriation.

That narrative shifted dramatically with the introduction of DeSo, the fastest on-chain order book exchange that not only processes 40,000 matches per second but also guarantees users retain total control over their funds. It offers a cutting-edge user experience comparable to Coinbase without any need to relinquish asset custody. This follows the launch of Openfund, a platform that facilitates cross-chain fundraising for crypto enthusiasts.

Openfund allows users from Bitcoin, Ethereum, or Solana to invest in up-and-coming founders before they even address venture capitalists. The combination of Openfund and DeSo DEX is shaking up the conventional early-stage funding model, providing instant liquidity for both entrepreneurs and their backers. Founders can now skip the lengthy wait for their companies to 'go public' and tap into funds much sooner. DeSo DEX Moreover, those participating in Openfund can obtain a liquid asset that can be traded instantly on DeSo DEX. The trading process on this exchange is rapid and devoid of gas fees, which effectively alleviates a significant hurdle faced during busy network times when transaction costs can escalate. Openfund Nader Al-Naji, the Founder of DeSo, describes it as a groundbreaking development with applications like Openfund and DeSo DEX. The speed of the DeSo DEX, processing 40,000 matches per second, places it at the forefront of global exchanges. This means that capital no longer needs to be left idle in inefficient liquidity pools, and users can feel secure without having to expose their capital to the risks associated with centralized exchanges.

Openfund DeSo's achievements continue to accumulate, having been listed on Coinbase in the past year, coupled with a recent announcement of a major MetaMask integration that has drawn numerous new developers into the ecosystem, including those behind Openfund. exchange .

The launch of the DEX exemplifies DeSo's true disruptive capabilities. It holds the potential to transform not only the landscape of decentralized exchanges but also the trillion-dollar market of early-stage financing. token with their purchase DeSo is a cutting-edge layer-1 blockchain meticulously designed to scale storage-intensive applications to billions of users. With $200 million in backing from prominent investors like Sequoia, Andreessen Horowitz, and others, its potential is vast.

“DeSo is the only blockchain that could support $DESO serves as the native currency for the DeSo blockchain, facilitating various transactions within its ecosystem.

For those interested, you can explore the complete roadmap and reserve your username by visiting deso.com (https://www.deso.com/). It is essential to clarify that the information on this page should not be taken as legal, tax, investment, or financial advice. Always invest responsibly within your means and seek independent financial guidance if necessary. We recommend reviewing the issuer's or advertiser's terms and conditions and support pages for additional details. MetaversePost strives for accuracy and impartial reporting, yet market conditions may fluctuate without prior notice. as well. The platform also announced a USDC integration Chainwire stands as a premier newswire specializing in blockchain and cryptocurrency, dedicated to distributing press releases and maximizing the reach of crypto news.

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Contact

Growth Marketing Lead
Ash Ghaemi
DeSo Foundation

7207677819