E Money Network: Highlights of June 2024

Hello everyone

The blockchain space is on the cusp of a major transformation, and that motivates us to advance, innovate and honor our commitments to our community.

We’re excited to share with you that June 2024 was immensely productive and successful for us. It was marked by partnerships, new campaigns and events. Here is a brief summary of all that happened in June 2024 -

1. E Money Network announced upcoming $SCLP Airdrop — E Money Network announced a whopping $1 million $SCLP tokens airdrop for existing holders of $SCLP tokens. The campaign is a gesture of recognition and gratitude for our loyal supporters, who have stood by us in the ups and downs of our journey. More details about the airdrop are available on our blog.
2. Successfully passed a smart contract audit — E Money Network successfully passed a smart contract audit, securing an impressive 9.3/10. The audit was conducted by leading blockchain auditor, Blaize Security.
3. Announced EPay on Telegram — E Money Network is set to introduce a revolutionary new product — EPay on Telegram. The product will enable users to use the Telegram app like a crypto wallet. They will soon be able to send crypto to their friends all across the world using the familiar interface of the Telegram app. In the future, the app is also likely to integrate support for e-money tokens.
4. Partnership with Chorus One — E Money Network partnered with Chorus One, a leading institutional staking provider operating on 50+ Proof-of-Stake networks including Ethereum, Solana, and Cosmos among others. This strategic partnership aims to provide E Money wallet users with seamless access to Chorus One’s high-yield staking services, enabling them to maximize their crypto holdings’ earning potential. More information about the partnership can be found here.
5. Partnership with Redbelly Network — E Money Network partnered with Redbelly Network to integrate E Money Wallet into Redbelly Network’s ecosystem and power compliant asset tokenisation. Furthermore, after MiCA implementation, E Money Network will also enable Redbelly Network to access e-money tokens (EMTs) and deploy them for facilitating DeFi transactions and simplifying on and off ramping. More information about the partnership can be found here.
6. E Money Network CEO & Founder, Raj Bagadi attended Money 2020 EU — Mr Raj Bagadi attended the prestigious Money 2020 EU, a leading payments and financial services innovation event. He learned about upcoming innovations in payments and financial services, connected with several industry leaders and explored potential synergies with projects that align with E Money Network’s mission.
7. Partnership with Gala — E Money Network partnered with Gala, a pioneering Web3 ecosystem encompassing games, films and music. This integration will enable compliant storage and management of crypto assets and e-money tokens facilitated by E Money Wallet. More information about the partnership can be found here.
8. Partnership with zkCross — E Money Network partnered with zkCross, a disruptive solution powering seamless cross-chain liquidity transfers in Web3. With this partnership, E Money Network and zkCross Network aim to address the issue of complexity of user experience in Web3, and work towards developing a simplified, efficient and secure Web3 user experience. More information about the partnership can be found here.
9. Partnership with Phyken Network — E Money Network partnered with Phyken Network, a RWA tokenization and fractionalization protocol focused on bringing green and renewable energy assets on-chain. More information about the partnership can be found here.
10. Raj Bagadi did an AMA with Shivam Tandon, Founder & CEO of zkCross — E Money Network Founder & CEO, Mr Raj Bagadi, participated in an AMA on X with zkCross’ Founder & CEO, Shivam Tandon. The AMA, focusing on RWA tokenisation, simplifying DeFi onboarding and more, garnered massive viewership.
11. Partnership with FreeBnk — E Money Network partnered with Freebnk, a UK-based fintech app offering affordable financial services for crypto investors. This partnership will enable FreeBnk users to obtain an IBAN (international bank account number) via E Money Network’s blockchain to conduct blockchain-powered international money transfers in a secure and compliant way. More information about the partnership can be found here.
12. Partnership with WeFi — E Money Network partnered with WeFi, a leading decentralised money market protocol. With this partnership, WeFi will integrate E Money Network’s Web3 wallet within its ecosystem to enable users to manage their assets and conduct transactions in a secure and compliant manner. More information about the partnership can be found here.
13. Partnership with Xend Finance — E Money Network partnered with Xend Finance, a universal framework and blockchain for worldwide assets tokenisation and on-chain management. In this partnership, Xend Finance will integrate the E Money Wallet in its ecosystem to propel its cause of expanding financial inclusion and empowering the unbanked population of the world. More information about the partnership can be found here.

That’s it for now. We thank you for supporting us in exceeding our goals for June 2024. We hope to be equally productive, if not more in July 2024. We will keep updating you with the developments happening at our end. So, keep following us on our X account, and keep checking this space!