e-Money Monthly Report
May has been a busy month for us marked by growth, adoption and acceleration! We started the month strong, partnering with various NFT projects, wallet integration and explored real-time cold storage solution for our institutional clients. The possibilities are endless for e-Money and we’re looking forward to being part of enabling more open and inclusive finance across the world.
May was indeed a packed month with securing many partnerships, that also helped us gain additional media coverage and traction. Believe us when we say that we’re really only just getting started. Expect to see bigger things happening in the following months.
Milestones
We successfully integrated with Trust Wallet, $NGM and our stablecoins eEUR, eCHF, eSKK, eDKK and eSEK are now listed in the Trust Wallet. Additionally, we updated our project roadmap with several key milestones such:
- Integration with Binance Smart Chain, Polygon and Elrond (Q2/Q3)
- A liquidity mining program will be launched for NGM/USDT on Uniswap, PancakeSwap and Pangolin. (Q2/Q3)
- Launch of eEUR Liquidity Mining Program: A liquidity mining program will be launched for eEUR/USDT on Uniswap, PancakeSwap and Pangolin.
- e-Money Mainnet upgrade: Mainnet upgrade will be performed to introduce IBC support and number of major improvements to the DEX.
- The e-Money NGM staking token will be listed on a second Centralised Exchange adding significant trading volume and a larger audience. (Q3)
- Credit Card Payments: In addition to bank transfers, users will be able to use their credit card when exchanging currency-backed stablecoins for fiat. (Q3)
Partnerships
- Curate project, a marketplace for NFT, fashion, gaming & crypto assets platform. This partnership will provide Curate users direct access to XCUR and USDXC through e-Money’s fiat-to-digital currencies channel, and for XCUR / USDXC holders to directly access e-Money’s interest-bearing digital currencies including eEUR, eCHF, eNOK, eSEK and eDKK. Read more
- We partnered with Blind Boxes, world’s first gamified aggregator for non-fungible tokens (NFTs). This collaboration will enable Blind Boxes to explore our suite of asset backed, interest bearing stable coins. Read more
- NFT platform Uniqly. This strategic collaboration will enable Uniqly to explore e-Money’s suite of asset backed, interest bearing digital currencies including eEUR, eCHF, eNOK, eSEK and eDKK. Read more
- We partnered with Custodiex to explore real-time cold storage solution for our institutional clients in the banking and FX sector. Read more
e-Money in the News
e-Money was covered by multiple news publications and Blockchain influencers. Below is a list of all the relevant articles:
- Coin Announcer covered e-Money, article titled ‘ e-Money wants to bring true stability to the crypto market’ Read more
- Altcoin Buzz covered our partnership with Uniqly. Read more
- Altcoin Buzz shared highlights from our latest partnership with NFT platform Blind Boxes. Read more
- Global stablecoins featured e-Money stablecoins as one of the Top 5 High Interest Stablecoin Blockchains 2021. Read more
- Our staking token $NGM in the spotlight again as @MartiniGuyYT reiterates the value & robustness of our stablecoins. Watch the full video here.
- Leading YouTuber CryptosRUs presented another great review that featured our Stablecoins, staking token $NGM and our most recent partnerships. Watch the full video here
About e-Money
e-Money pioneering blockchain sectors first interest-bearing stablecoins
e-Money is a blockchain-based payment platform committed to bringing financial inclusion and help people around the world to have easy access to digital currencies. Built on Cosmos technology, 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 eEUR, the eCHF, and tokens backed by Scandinavian currencies (eNOK, eDKK, and eSEK) with a host of additional currencies pegged for release in 2021. The e-Money ecosystem has a second token class, the Next Generation Money (NGM) token is a staking and rewards token, users can stake NGM to secure the e-Money network.
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 has already integrated with Ethereum and expects to integrate with Binance Smart Chain, Cosmos Hub, Avalanche, Polygon and Elrond in 2021.Telegram I Twitter I LinkedIn I GitHub
