e-Money Monthly Blog: February in review
Dear Community,
From team appointments to new breakthroughs, february 2021 has been a great month for us. We cannot thank our e-Money community members enough for staking their $NGM tokens to secure the e-Money network, providing feedback, supporting us, and spreading the word about $NGM!
Our journey has only just begun. 🚀
Let’s take a look at the highlights.
🔷 Stargate Upgrade 💫
The stargate upgrade represented an important milestone for the Cosmos project, the inter-blockchain communication (IBC) protocol paves the way for 200+ Tendermint-based blockchains to interoperate easily.
This was a historic milestone in bringing blockchain interoperability. Leveraging the Cosmos IBC, e-Money expects to integrate with Cosmos Hub, Ethereum and Avalanche in the first half of 2021.
🔷 Cosmic Validator has selected e-Money as its next network to validate. We look forward to a long term collaboration 🤝
🔷 Appointment of Chief Marketing Officer
On the marketing front, you’ve already heard that Shalini Wood has been appointed as CMO. With solid experience in global technology marketing and communications, she will be key in driving the business forward. Read more
Strategic Partnership 🤝
e-Money in the News 📰
In the month of February, e-Money was covered by multiple news publications and Blockchain influencers. Below is a list of all the relevant articles:
Altcoinbuzz I Coinspeaker I Bitcoin out of the Box-Podcast I Cryptovilla
🔷 Leading blockchain publication Altcoinbuzz interviewed our Founder & CEO, Martin Dyring-Andersen. Read more 👇
🔷 e-Money’s partnership 🤝 with RAMP DEFI was covered by leading Blockchain publication Altcoinbuzz. Read more 👇
🔷 Leading blockchain publication Coinspeaker covered e-Money. e-Money’s Interest-Bearing Assets Are Evolution of Stablecoins. Read more👇
🔷 🎧 Podcast: Our Founder Henrik Aasted Sørensen was interviewed by renowned YouTube influencer Michael Gu of Boxmining on the “Bitcoin out of the Box” Podcast. Listen to the full Podcast here 👇
🔷 🎥 YouTube: e-Money featured by TheCryptoVilla, where he reviews e-Money project as one of his top Altcoin Picks. Watch the full video here 👇
Community Updates 📃
🔷 e-Money is now a 10K followers community on Twitter! A BIG and special thank you to all for following us and staying abreast with our latest news and updates.
🔷 Ask Me Anything 🙋🏻♂️
We held another AMA last month, with the Hillrise Capital community. The focus of the AMA’s was on educating the community members about e-Money project and our native $NGM token.
🔷 Community Support 🙌🏻
$NGM Trending 🚀
About e-Money
The e-Money protocol is built for the issuance of a range of interest-bearing currency-backed stablecoins reflecting various world currencies. Each token is backed by a reserve of assets denominated in its underlying currency. e-Money currently supports the Euro (EUR), Swiss Franc (CHF), Swedish Krona (SEK), Norwegian Krone (NOK) and the Danish Krone (DKK) with a host of additional currencies pegged for release in 2021. The project is dedicated to total transparency with quarterly reserve audits performed by Ernst & Young.
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 expects to integrate with Cosmos Hub, Ethereum and Avalanche in the first half of 2021.
