Crypto asset management platform NOBI joins Function X as its latest public validator
Jakarta, Indonesia — Indonesia-based crypto asset management platform NOBI is proud to be the latest company to join the Function X blockchain as an organizational public validator.
Function X is a network of independent heterogeneous but also interoperable blockchains. Existing applications, websites, data, and services use the Function X network to truly decentralize.
The announcement comes shortly after Function X onboarded organizations such as Asosiasi Blockchain Indonesia, Blockchain Collaborative Consortium, and European University Cyprus as three of the first public nodes from non-profit organizations. Along with NOBI, these organizations will be tasked with participating in consensus by broadcasting votes and participating in governance by voting on proposals. The purpose of these validators is to help ensure that the Function X blockchain runs as efficiently as possible, while still remaining decentralized.
As a crypto management platform, NOBI brings a new level of expertise to Function X blockchain. NOBI allows users to conveniently trade top cryptocurrency assets like Bitcoin and Ether, while also offering up to 34.68% annual percentage rate through lending protocols and staking for altcoins.
According to NOBI CEO Lawrence Samantha, the partnership between the crypto management platform and Function X only makes sense. “Function X works to give people truly the best of decentralized finance,” Samantha said. “NOBI is a big believer in the power of cryptocurrencies to give people greater control of their finances, so Function X’s goal is one we support. With the Function X network already providing powerful cross-chain features since its mainnet launch earlier this year, we know we couldn’t have picked a better partner.”
Function X Foundation President David Ben Kay also expressed his gratitude at having NOBI onboard. “Public validators lend a new level of transparency to the Function X blockchain,” Kay said. “They’re who we count on to point out flaws and help shape the direction Function X will go in. Given NOBI’s experience with cryptocurrency and decentralized finance in general in Indonesia, their participation will surely be valuable.”
About NOBI
NOBI is a cryptocurrency investment platform enabling easy, efficient, safe cryptocurrency transactions for users worldwide. NOBI offers the chance to invest in top coins such as Bitcoin and Ether, while also hosting a wide range of altcoins.
The mission of NOBI is to make it as accessible as possible to own cryptocurrency and earn from high yields, through multiple product offerings available on the platform.
For more information about NOBI, visit https://usenobi.com/.