- The private funding received investments from major crypto leaders, including ExNetwork Fund, Inclusion Crypto Fund, Constantin Kogan, Carl Moon, Boxmining and others.
- With EmiSwap’s end-to-end comprehensive DeFi solution, liquidity providers receive substantial incentives and ETH gas refunds.
United Arab Emirates, June 5, 2021 /AlexaBlockchain/ – EmiSwap, the first community-governed decentralized exchange (DEX) with gamified NFT mechanics to pay 10X benefits to liquidity providers (LPs) and refund gas fees – has completed $1.38 million private funding round.
EmiSwap
EmiSwap is the first project in the EmiDAO ecosystem, a decentralized autonomous organization (DAO) augmented with $ESW governance tokens that aim to create a full solution for decentralized finance (DeFi). EmiSwap users gain from every transaction simply by holding ESW thus getting instruments for financial independence.
EmiDAO is a truly decentralized autonomous organization (DAO) with advanced DeFi features.
EmiSwap attracted major crypto leaders in a 6X oversubscribed private fundraising round. Grigory Rybalchenko, Co-Founder of EmiSwap, said: “We haven’t chosen a typical investment strategy like those that usually focus just on attracting some big names instead of the value which investors bring alongside.”
“We’ve decided to choose the strategy of distribution of power and giving allocation to strategic private investors – ExNetwork Fund, Constantin Kogan, managing partner at Waves Financial and C Capital and Inclusion Crypto Fund and more; community leaders – Hermes Asian Community for example; influencers – Carl Moon, Boxmining and others; as well as liquidity providers who are bringing their expertise and network to help us to do the rocket launch and keep making sustainable success in a long run,” Grigory added.
