Oct 4, 2022
e-Money Monthly Newsletter
Greetings to e-Money community members!
Welcome to the monthly newsletter, while there’s uncertainty in crypto and wider financial markets, it’s been business as usual over here at e-Money as the team continues to make headway on technical development and growth.
The one thing we’re certain of, amidst this uncertainty, is that it’s time to build, and there’s been a lot of it happening within e-Money and our community. This monthly newsletter will highlight the key developments and progress of our continuous strive towards increasing the widespread adoption and utility of our stablecoins and $NGM token.
Let’s take a look at the highlights of September 2022
1/ Leap, the non-custodial Super Wallet for Cosmos integrates with e-Money
Leading non-custodial super wallet for Cosmos, Leap Wallet, is now integrated with e-Money. With this integration Leap Wallet users can send, swap and stake our native staking token Next Generation Money ($NGM) and enables Leap users access to e-Money’s fully collateralised interest-bearing European stablecoins (EEUR, ECHF, EDKK, ENOK & ESEK). Read more
2/ Checkout our latest video
The video explains how e-Money ecosystem is powered by our Staking Token Next Generation Money $NGM & our fully collateralised interest-bearing European Stablecoins EEUR, ECHF, ENOK, ESEK and EDKK.
3/ Regen Network’s Governance proposal
Regen Network’s latest proposal #18 to add e-Money’s $EEUR to the Regen EcoCredit Marketplace allow list, passed with flying colours. We deeply appreciate the support of everyone that voted and took part in the discussion!
4/ EVMOS Governance proposal
EVMOS (The Ethereum Virtual Machine (EVM) Hub on Cosmos) latest proposal to enable ERC20 representation for EEUR, also passed with flying colours. This will enable $EEUR access to DeFi protocols, NFT and new applications that are based on ERC-20 (like AAVE, Diffusion, etc.).
5/ e-Money team moved into a new office in Copenhagen, Denmark
6/ e-Money has been nominated for Best website in Corporate Communications
We’ve been nominated for the “Best website in Corporate Communications” Category for the Lovie Awards, the most prestigious & the only pan-European awards honouring online excellence.
7/ e-Money website bags another award at the Portuguese Festival of Creativity Criativos Portugal
Community Highlights
1/ 🎧 Cosmos Club Podcast
Our CTO & co-Founder Henrik Aasted was invited on the Cosmos Club Twitter Spaces. In the podcast, Henrik talks about, the early days of Cosmos, stablecoins industry and where we are headed from here!
Tune in to listen to the entire episode
2/ 🎧e-Money Twitter Spaces with Sifchain
We invited Sifchain’s, Head of Strategy to our Spaces. In this spaces we discussed Liquidity pools, interoperability, TradeFi and a lot more 🎧 Listen to the Spaces here
3/ Cosmoverse Ticket Giveaway
4/ Cosmos Spaces organised a Telegram game competition, that gave participants a chance to win $NGM. Hope you enjoyed the game competition. We plan to have more such competitions for our super awesome community.
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.
