Plethori Partners With Decentralized Crowd-Funding Platform — QuiverX
QuiverX is one of cryptocurrency’s leading crowd-funding platforms, offering users a variety of ways in which to invest in the crypto sector.
Their multiple product range includes staking and liquidity-exchange platforms, a wallet, a QuiverX debit card, and a fiat-gateway (the QuiverX ATM), which is currently in development and due to release later in 2021. These products create a direct bridge between traditional and decentralized finance, aiding the facilitation of mass adoption.
In addition to Plethori, QuiverX boast multiple strategic partnerships with well renowned projects including Ferrum Network, Paid Network and Dextools.
Plethori will be including a dedicated ‘QuiverX ETF’ within their V1 Platform, comprising a selection of top tier projects chosen from within the QuiverX ecosystem. Upholding the ethos of true decentralization and community governance, the projects to be included in the ‘QuiverX ETF’ will be voted upon by their community.
Users of both the QuiverX and Plethori platforms will benefit through the ability to purchase, with a single transaction, a collection of QuiverX’s premier projects’ tokens.
As with all projects included in Plethori’s range of ETFs, the QuiverX ecosystem projects will benefit from the cross-chain investment opportunity that Plethori’s platforms provide. Projects that would once have only been accessible via one blockchain, become accessible and tradeable across multiple.
QuiverX CEO, Ivan Castillo, commented on the new partnership:
“ETFs are one of the cornerstones in every free-market and Plethori aims to bring the benefits of ETFs to the digital asset sector. We believe this is much needed and Plethori’s team is equipped to deliver. Plethori’s unique ETF protocol will power QuiverX ecosystem’s ETFs for projects that launch within the QuiverX ecosystem. Investors will be able to have immediate exposure to the hottest projects in crypto and we’re looking forward to a long and mutually beneficial partnership with Ryan and the rest of the Plethori team.”
Plethori is a Cryptocurrency ETF Investment Platform that allows open trading and creation of trustless ETFs by utilizing blockchain technology and layer 2 solutions. The platform offers decentralized cross-chain investment for exchange-traded funds built on the Ethereum and Polkadot blockchains. This service will allow investors to deposit capital and invest in a wide range of ETFs enabling investment into entire cryptocurrency industries such as insurance, oracles, NFTs, Derivatives, Polkadot ecosystem projects and many more.