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e-Money Monthly Blog: January in review

Welcome to the first in a new series of monthly blogs!

The e-Money story began in March 2016, and it’s since been a truly exciting journey for us. e-Money is proud of its journey to date in creating the Next Generation of Stablecoins. In that respect, we would like to share with our amazing community the initiatives that the team will be taking to grow $NGM, the interest-bearing, currency-backed stablecoins for the Internet of Money.

In this new string of Monthly Blog articles, we’ll give you an update on what we achieved in the previous month. Here, you will find what’s going on with the project road-map, achievements, new partnerships, Dev and community updates.

Key Milestones

We concluded a successful Public sale on Polkastarter. We are very fortunate to receive a lot of recognition and support of the e-Money project, as our Public Sale sold out in under 65 seconds!

Thank you to everyone who participated! But don’t worry, more ways to get your hands on $NGM will be announced very soon.

Strategic Partnerships

  1. Avalanche Expanding Stablecoin Diversity in DeFi Ecosystem with e-Money’s European Stablecoins. Read more
  2. e-Money And Royale Finance Team Up To Disrupt iGaming. Read more
  3. MANTRA DAO & e-Money enter a New Strategic Partnership. Read more
  4. e-Money and RAMP Partners To Power Fiat-To-DeFi Liquidity Bridge For Crypto Users. Read more.
  5. e-Money partners with digital identity platform Starname. Read more

Listing Updates

  • Exchange Listing: $NGM token has been added to BitMax.io Exchange

e-Money in the News

  • Leading financial publication Yahoo Finance covered e-Money. The article is titled- ‘10 Under The Radar DeFi Projects With Massive Potential'. You can read the full article here.
  • Leading Blockchain publication Altcoin Buzz interviewed our CEO & founder, Martin Dyring-Andersen. The interview focused about $NGM, our asset-backed tokens and how e-Money is striving to bring greater accessibility and value to the stablecoin ecosystem. You can read the full article here.
  • CryptoDaily features our partnership with Royale Finance. You can read the full article here.
  • Bitcoinist covered e-Money. The article is titled- ‘This project may be fiat’s layer 2 solution.’ You can read the full article here.

Community Updates

  • Our Founder Henrik Aasted Sørensen was interviewed by renowned Youtube influencer Michael Gu of Boxmining. Watch the full video here:
  • Leading YouTube channel Altcoin Buzz covered e-Money as Top Upcoming Altcoins for 2021. Watch the full video here:
  • Leading YouTube channel Crypto Lark covered e-Money. Watch the full video here:
  • YouTube Influencer Crypto Villa offered a sneak peek of e-Money. Watch the full video here:
  • YouTube influencer The Martini Guy featured e-Money project. Watch the full video here:

Ask me Anything

We held four AMA’s last month, with the communities of Cosmos Project, Bitmax, Crypto Daku Robinhooders and MANTRA DAO. The focus of the AMA’s was on educating the community members about e-Money project and our native $NGM token.

Last but not least, we believe that one of the core pillars which will help drive e-Money forward is the community, your involvement will help us in building and growing our ecosystem. We cannot thank our e-Money community members enough for participating in the Public sale, providing feedback, supporting us, and spreading the word about $NGM!

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.

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