ETFswap (ETFS) Spearheads RWA Asset Tokenization Industry With Massive $750,000 Raise

ETFswap (ETFS) Spearheads RWA Asset Tokenization Industry With Massive $750,000 Raise

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April 12, 2024 by Editor's Desk
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The DeFi sector has welcomed the emergence of several crypto narratives like artificial intelligence (AI), meme coins, web3 gaming, and Bitcoin Ordinals. The most recent of them is Real World Asset (RWA) tokenization, spearheaded by several projects. But among this sea of platforms, ETFswap ($ETFS) stands out with what it offers investors. In this article,
ETFswap (ETFS) Spearheads RWA Asset Tokenization Industry With Massive $750,000 Raise

The DeFi sector has welcomed the emergence of several crypto narratives like artificial intelligence (AI), meme coins, web3 gaming, and Bitcoin Ordinals. The most recent of them is Real World Asset (RWA) tokenization, spearheaded by several projects. But among this sea of platforms, ETFswap ($ETFS) stands out with what it offers investors. In this article, we will discuss what ETFswap ($ETFS) is about before deep-diving into its unique functionalities and features.

What Is ETFSwap ($ETFS)?

ETFswap ($ETFS) is a decentralized blockchain platform that aims to tokenize exchange-traded funds (ETFs), bridging the gap between decentralized and traditional finance. The tokenization of these RWAs will bring ETFs on-chain and open avenues for traders of different portfolio sizes to benefit from assets like commodities, precious metals, stocks, and bonds. The platform will also feature leverage trading, with up to 10x leverage, and a seamless swapping service.

Traders can also amplify their portfolio with fractional ownership and earn passive income by holding the platform’s native token $ETFS, through staking. The token, which functions as a standard ERC-20 token, will serve the purpose of utility and governance, allowing holders to participate in making decisions that affect the ETFswap ($ETFS) ecosystem growth.

$ETFS is also designed to be a deflationary token; that is, it will continue to steadily decrease in volume, thereby eliminating overabundance, which can make a token lose value completely. Therefore, $ETFS will be able to maintain its competitive edge in a competitive market. Also, 4% of the token’s total supply will go to the ETFSwap ($ETFS) community, showing the project prioritizes the community, which is the backbone of any project.

To protect investors and the platform from losses, ETFswap ($ETFS) has undergone a meticulous audit of its smart contract by leading blockchain security firm Cyberscope. After careful checking, the firm certified that the smart contract platform has no serious underlying issues that will make it vulnerable to hackers.

This act cements ETFswap ($ETFS) as a platform that embeds transparency in all their actions. Additionally, the platform aims to partner with other titans in the DeFi sector to advance decentralized finance as they redefine how the RWA tokenization industry operates.

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DeFi Platform Raises $750,000 To Transform RWA Asset Tokenization

ETFSwap ($ETFS), in the recently concluded private sale of its native token, raised $750,000 due to investments from three angel investors and two institutional investors who are impressed by the platform’s potential for growth. The platform aims to use the funds raised to speed up the development, launch, and expansion of the ETFswap ($ETFS) ecosystem.

The platform surprisingly has refused to accept investment from venture capitalists (VC), and this is because VC investment could put pressure on the network to implement the strategy that suits the goal of the investor.

By refusing this type of investment, it can focus on building features and functionalities that will benefit the ETFswap ($ETFS) ecosystem. Furthermore, this will allow investors of all portfolio sizes to benefit from this project instead of a few select investors.

The stage 1 public sale of $ETFS followed the end of the private sale, with the platform offering the token at a low price of $0.00854. All investors who participate in this round will make a profit when stage 2 starts at $0.01831.

Experts are already optimistic that this token will surge by 10,000% soon, taking its price to the $1 mark. Savvy investors aware of this undervalued asset are rushing to buy it at its presale stages, with over 5 million tokens already sold. This is because stage 1 is the best time for investors to get in early on this project and considerably increase their return on investment (ROI) with this token brimming with untapped potential.

 

For more information about the ETFS Presale:

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