Curated News
By: NewsRamp Editorial Staff
April 26, 2024
Zignaly Launches ZIGChain and $100 Million Ecosystem Development Fund
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- Zignaly's launch of ZIGChain on Cosmos provides an advantage for fund managers to connect with 500,000 investors worldwide.
- Zignaly's ZIGChain is a layer-1 blockchain on Cosmos aimed at revolutionizing financial empowerment through a scalable wealth generation infrastructure.
- Zignaly's goal is to provide equal investment opportunities worldwide, focusing on a 'new paradigm of social investing' to create a fair chance for everyone to profit.
- Zignaly's innovative ZIGChain launch and $100 Million Ecosystem Development Fund with DWF Labs, Disrupt, and UDHC Finance are pioneering the DeFi space.
Impact - Why it Matters
Zignaly's launch of ZIGChain and the $100 Million Ecosystem Development Fund marks a significant milestone in social investment and blockchain technology. This development opens up new opportunities for investors and fund managers worldwide, providing a reliable and regulated platform for wealth generation. The 'Profit Sharing' concept also offers a unique way for users to safely delegate their funds for professional management, creating a shared success model between expert traders and investors.
Summary
Zignaly, a social investment platform using the Z-Score technology, announced the launch of ZIGChain, a cutting-edge, layer-1 blockchain on Cosmos. Zignaly also partnered with DWF Labs, Disrupt, and UDHC Finance to launch a $100 Million Ecosystem Development Fund to fuel innovation on the ZIGChain. Additionally, Zignaly became the world’s first licensed social investment platform, acquiring the CAT-II license from the Financial Services Conduct Authority of South Africa. The platform also operates on the 'Profit Sharing' concept, enabling users to invest in digital assets by leveraging the expertise of proven traders.
Source Statement
This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, Zignaly Launches ZIGChain and $100 Million Ecosystem Development Fund
