GS announces partnership with seamless, peer to peer crypto-asset swapping platform, 123SWAP Finance
We are excited to join hands with 123swap. 123swap brings an ecosystem of products and services that allow customers to have a one-stop shop experience for swapping, holding, sending, receiving, earning, investing, borrowing, and lending tokens across multiple chains.
123swap is a way to perform peer-to-peer atomic cross-network swaps of crypto-assets without having to trust a custodian or counterparty. 123swap’s crypto swap protocol allows users to Swap, Hold, Send, Receive, Earn, Invest, Borrow and Lend favourite assets in Multiple Chains.
123swap has developed its way of exchanging cryptocurrencies aimed to eliminate the problems like complicated interface, hidden fee, tedious registration process, etc., and make the whole process simple for the end-user.Users can choose any of the 500+ available liquidity pools cross-chain (Ethereum, Binance, Polkadot, and many more). The platform supports the top protocols and presents live rates, the lowest fees, and the best APY (Annual Percentage Yield).
The platform provides non-custodial service and strives for maximum safety, simplicity, and convenience. It allows customers to surf through all the swap offers collected from major crypto exchanges just in one place.123swap aims to have a community of strong-handed holders. Through a proper voting system, the community members will arrive at key decisions relating to whether there should be team tokens or advisory tokens, lock duration, etc.
Through this partnership :
👉GenShards will help 123swap Finance to develop their ecosystem and help them in their growth and adoption journey.
👉GenShards community members & partners will be able to explore 123swap for a one-stop-shop experience for swapping, holding, sending, receiving, earning, investing, borrowing, and lending tokens across multiple chains.
👉Both partners will explore incentivisation & collaboration opportunities on product, technical & marketing fronts.
More than 60 high-quality access, ecosystem & network partners have already placed their trust in GS and the network continues to grow ! Keep an eye out for this space for many more preIDO launches, partnerships and feature updates in the pipeline.
“Genesis Shards is happy to announce its partnership with 123swap Finance .The 123swap platform has developed its way of exchanging cryptocurrencies aimed to eliminate the problems like complicated interface, hidden fee, tedious registration process, etc., and make the whole process simple for the end-user .Their mechanism of cross-chain value exchange allows the GenShards community to directly trade with each other across any chain on a peer-to-peer basis.We are happy to induct 123swap Finance as our ecosystem partner.” — Nilotpal Mukherjee, Genesis Shards Co-founder
“The 123swap platform is pleased to announce its most recent strategic partnership with Genesis Shards, a decentralized ecosystem based on Polkadot that reimagines non-fungible tokens (NFTs) as decentralized finance (DeFi) options, creating a seamless cross-chain liquidity environment for pre-initial dex offering (IDO) tokens.123swap and Genesis Shards collaboration continues the company’s remarkable track record of successfully collaborating with the most promising blockchain startups.”-Tomas Ambrazas, 123swap Co-founder & CEO
The 123swap platform is a decentralized financial ecosystem that allows for smooth peer-to-peer crypto-asset swapping. It offers simple, transparent, and convenient exchanges, as well as income and investment management options, all without the need for a middleman. The platform aims to make the crypto trading mechanism as simple as possible while minimising slippage.
The 123swap platform provides a variety of DeFi options for blockchain assets across several chains:
● NFT Minting
● Yield Farming
The cross-chain value exchange mechanism allows platform users to trade directly with one another across any chain on a peer-to-peer basis.
123swap’s mission is to create the next-generation financial ecosystem by empowering blockchain technology and expanding the usage of cryptocurrencies for purchase and payment across the financial sector.
About Genesis Shards
Genesis Shards is a decentralized ecosystem powered by Polkadot redefining NFTs as DeFi options, creating a permissionless environment of interchain liquidity for pre-IDO tokens. By wrapping time-locked fungible tokens into NFTs, Genesis Shards is creating a new marketplace for previously illiquid tokens
The next major steps in Genesis’s journey will be announced soon ! Keep an eye on this space for updates.
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