Apr 7, 2022
Acknoledger explores strategic partnership with e-Money
We are pleased to announce that e-Money is exploring a strategic partnership with Acknoledger, a global marketplace that maps, monetizes, and distributes Web 3.0 Digital Assets seamlessly across all the Metaverses and Gaming NFTs. The partnership will introduce e-Money’s suite of European stablecoins such as EEUR, ECHF, ESEK, ENOK, and EDKK to Acknoledger’s ecosystem, whilst bringing awareness to one another’s communities about our respective projects.
Acknoledger will explore integrating e-Money’s fully collateralized stablecoins as a viable currency option to support their platform. This will also allow the platform to increase its brand awareness while widening its user base and accelerating its popularity in the European market
About AcknoLedger
AcknoLedger is a Global Consortium that maps, monetizes, and distributes Web 3.0 Digital Assets seamlessly across all the Metaverses and Games. We envision it to be the Nervous System of Web 3.0 Digital Assets.
AcknoLedger indexes all the NFTs across all the gaming, metaverses, and NFT marketplaces so that NFT collectors can leverage the insights for informed decision-making. In addition, the market distributes the content across multiple metaverses by tracking and mapping interoperability and exploring trading opportunities for institutional and retail investors.
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About e-Money
e-Money is a blockchain-based payment platform built by Danish fintech e-Money A/S, committed to bringing financial inclusion and helping people around the world to have easy access to digital currencies. Built on Cosmos technology, e-Money supports a range of fiat-stablecoins which are fully backed by bank deposits and government bonds that are also interest bearing. The fidelity and transparency of e-Money stablecoins will be ensured by Ernst & Young providing quarterly Proof of Funds.
e-Money currently supports several European currency-backed stablecoins such as the EEUR, the ECHF, and tokens backed by Scandinavian currencies (ENOK, EDKK, and ESEK). The e-Money ecosystem has a second token, the NGM “Next Generation money” which is a staking token and rewards token. Users can stake NGM to secure the e-Money network.
Unlike most existing stablecoins which aim to maintain a static 1:1 peg with their underlying assets, the value of e-Money’s currency-backed tokens continually shifts in line with the interest accrued on the reserve assets. This means that holders benefit from the interest accrued on their assets while they sit securely in your wallet. The e-Money blockchain supports instant payments at scale and includes a DEX for easy conversion between currencies. e-Money has already integrated with Cosmos Hub, Osmosis, and Ethereum and expects to integrate with all major networks moving forward.
