RigelProtocol welcomes HYVE to the P2P Ecosystem
HYVE will be joining the P2P ecosystem, providing a new source of income for token holders and platform users. The $HYVE token will be a primary token that can be traded directly against 150+ currencies, and the P2P feature will be incorporated into the HYVE platform.
Introducing the Rigelprotocol P2P Dapp — The first ever decentralized P2P Marketplace
The p2p product was not just designed for show, but to solve the market friction which crypto users experience on a daily basis in crypto to fiat / fiat to crypto transactions in the most simplest decentralized way.
Video Link : https://youtu.be/ONGm1fQP3b0
What it does ?
- Direct exchange of crypto to fiat(150 + currencies)
- Direct exchange of fiat(150 + currencies) to crypto
- Easy of crypto accessibility
- Come into crypto with any fiat currency
How it works ?
Trader Bob wants to buy $RGP, Bob has just USD. Using the Rigelprotocol P2P Dapp, Bob can easily buy $RGP or any token with USD.
Trader Ben wants to sell $HYVE for fiat, Ben can easily convert $HYVE to fiat in seconds.
Benefits ?
- Signup on the P2P DApp by creating an account, go ahead to create your first Ad and get $150 worth NFT.
- Complete a trade and get 10BUSD
- Traders earn a portion of the fees collected weekly. Rigelprotocol P2P DApp rewards active traders.
- Merchants can process trades and earn additional income even during the bearish market.
- Rewards are provided to council members voting on Disputes.
About HYVE
Blockchain has quickly disrupted many traditional industries, enabling the Web 3.0 revolution. With remote working becoming the new norm, freelancing is clearly accelerating the trend towards decentralization. Performing freelance work should be about freedom and receiving fair compensation for the provided services, without having to deal with intermediaries.
HYVE has created a community-driven ecosystem, facilitating collaboration between users in a uniquely decentralized environment. While traditional freelancing websites have been slow in adapting to change, HYVE has introduced payments directly in cryptocurrencies, providing numerous advantages and facilitating interaction regardless of external factors. In simple terms, HYVE is the equivalent of UniSwap, but for jobs and services in the space.
Collaboration on HYVE between freelancers and enterprises can be performed in 3 different manners:
- By allowing the provision of services or the creation of tasks and jobs, matching freelancers with the perfect assignments, and enabling direct crypto payments.
- By enabling promising crypto projects to incubate and launch on top of HYVE’s highly customizable infrastructure, thus joining a wider ecosystem.
- By creating an optimal marketplace for creative professionals to sell their items, artworks, templates and all kinds of digital items while receiving payment in cryptocurrency.
HYVE is one of the few crypto projects that can offer cross-chain integration for four different networks: ETH, BSC, Polygon, and Fantom. It is worth mentioning that future blockchain integrations are planned in 2023, thus diversifying cryptocurrency payment options, while minimizing gas fees and allowing a highly interchangeable infrastructure. In the next six months, HYVE V2.5 is expected to launch, bringing a better experience for the user, and also service selling implemented within the platform. By the time the new version will launch, HYVE will lower their fees, 0% for fees paid in $HYVE and 2.5% for fees paid in any other token.
Nevertheless, HYVE is on the lookout for new integrations through partnerships, increasing the scalability of the platform, and enabling adoption. Their partners range from metaverse and decentralized gaming projects to De-Fi protocols, PoS solutions and even Memecoins, highlighting HYVE’s immense utility and versatility within the Web 3.0 space.
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About Rigel Protocol
Rigel Protocol is the blockchain Decentralized protocol for all your Defi Needs. A protocol built to improve and touch up existing Decentralized Finance (DeFi) features while introducing several innovative DeFi products to propel scalability, security in the Blockchain, user experience, and adoption. At Rigelprotocol, we are focused on building Dapps with the best user experience at low fees.
Several DeFi products featured are smartswap operations, automated dexes trading, Liquidity mining, Launchpad & Product Token offering services, Influencers & New projects rewarding systems, and other innovative features.
📌 Learn more about Rigel Protocol
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Note: Take caution on any projects shared through our Updates and announcements. As we do not consider our Announcements and Updates as Financial Advice. Always Do Your Own Research. — Rigelprotocol Labs Team
