Zignaly, a decentralized social-investing marketplace, has made significant developments in the world of crypto. The company has launched ZIGChain, a layer-1 blockchain on Cosmos, and announced a $100 million fund to support its ecosystem.
Among its recent achievements, Zignaly has also been awarded a crypto license in South Africa, a noteworthy milestone that has solidified the company’s position in the industry.
Revolutionizing DeFi: Zignaly’s Mission
At Token2049 in Dubai, Zignaly revealed its ambitious plan to create a world where anyone, regardless of their knowledge of digital assets, can easily participate in decentralized finance (DeFi) through its platform.
Zignaly functions as a crypto fund manager, allowing users to easily copy trades from professional traders. The platform’s ultimate goal is to make DeFi accessible to all by simplifying the investment process with just the click of a button.
The Power of ZIGChain on Cosmos: A Game-Changer for Wealth Managers
Zignaly’s ZIGChain on Cosmos is poised to disrupt the DeFi landscape by enabling developers to focus solely on their expertise – building – while wealth managers act as intermediaries between the protocol and its user base.
Andrei Grachev, Managing Partner at DWF Labs, remarked on the significance of this approach, stating, “This rare confluence of developers, wealth managers, and users has never been attempted at this scale and in a decentralized manner.”
Torben Jorgenson, Partner at UDHC, which also participated in the round, echoed this sentiment, saying, “The wealth-management layer within ZIGChain shall allow a truly effortless user experience by building a wealth management service on top of any DeFi protocol, no matter how complex it is.”
New Heights for Crypto Investors
Zignaly’s latest developments have opened up a world of possibilities for crypto investors. By providing hassle-free access to DeFi, the platform is poised to revolutionize the digital asset landscape and create a more inclusive ecosystem.
With ZIGChain on Cosmos and its $100 million ecosystem development fund, Zignaly has firmly cemented its position among the industry’s leaders and has set its sights on the future of DeFi and wealth generation.
Investing in DeFi has never been this effortless – thanks to Zignaly’s groundbreaking advancements.
Edited by Sheldon Reback.