Oddz Finance : Investor Spotlight with NGC Ventures
NGC is a leading investment firm with offices in Singapore, Shanghai and San Francisco. As one of the largest institutional investor in crypto, NGC Ventures has extended its support to Oddz Finance’s vision of creating a seamless derivative trading experience for users.
Here’s a brief interview with NGC Ventures.
1. Why did you invest in Oddz Finance?
We like Oddz’s approach to decentralized option trading in three specific aspects.
The retail-friendly product and user experiences
The well-thought risk management and incentive mechanism that motivates market makers
The build-in oracle that provides high-frequency high-accuracy pricing feeds that are crucial for option trading.
2. In order to fuel DeFi adoption, what issues need to be addressed in the derivatives space?
The major issues that need to be addressed comprises composability, price efficiency and intuitive user experience. These are the important aspects to evoke massive revolution in the derivatives space. Oddz is creating a seamless experience for both retail investors and market makers, thus driving the DeFi space with intuitive attributes.
3. . What are the three aspects to be addressed to fuel DeFi adoption?
In terms of fueling DeFi adoption, the significant aspects to be addressed comprises smart contract security, user experiences and integration with existing financial infrastructure. Projects should actively work towards building robust infrastructure to drive increased safety and security.
4. What kind of value does your fund bring to the founding teams on the strategic front?
We have actively collaborated with 100+ projects from NGC Ventures existing portfolio family. We have a wide range of resources with extensive access in Asian Markets. We leverage experiences and resources for the real-world adoption, thus amplifying the vision of the projects with spearhead strategies.
5. What is your investment mantra that you adhere to?
We are focused on contributing to the success of the projects. Therefore, we identify and help the best team to be more successful by providing them support on the strategic, fundraising and incubating front.
About Oddz Finance:
Oddz Protocol is a trustless On-Chain Option trading platform that expedites the execution of call and put options contracts, conditional trades, and futures. It allows the creation, maintenance, execution, and settlement of trustless option contracts, conditional tokens agreements, and futures contracts in a fast, secure, and flexible manner.
It employs the synergies of Ethereum, Binance Smart Chain, and Polkadot to unleash the potential decentralized derivatives market. It focuses on building solutions that can propel the DeFi ecosystem by simplifying derivatives trading and enhancing the user experience.
Oddz Finance Social Channels
Join Discussions on Telegram Chat
Stay ahead of the latest updates on Telegram Ann
Follow us on Twitter
Visit our Website
