P2P Weekly Update: 1st October, 2021

P2P Finance Weekly Update

Welcome to our second weekly update. Today we’ll cover last week’s major milestones, team expansion, and the latest developments, so let’s get right to it.

Co-founder Of Bitcoin.com Joins P2P

It is our great pleasure to announce that Mate Tokay has officially joined P2P Finance as CBDO. Mate is a man who needs little introduction. As the co-founder of Bitcoin.com and ex-CEO of Bitcoinist, Mr. Tokay is about as OG in crypto as Satoshi himself. Inspired by Christof’s talent and vision for DeFi, we are honored to have Mate on board with P2p Finance.

‘Crypto has a lot of amazing characteristics that I value and like. There is one that I love the most tho and that is freedom. With crypto, you can be your own bank. You are 100% in control. DeFi takes this to a whole new level. I like to be part of this revolution as we are building the future of finance for generations ahead. That’s why I joined P2P Finance.’

Mate Tokay

Smashing Fundraising Milestones

The team are excited by the great progress we have made in just a few weeks of fundraising. In fact, with 60% (15,000,000 tokens) of the seed round allocation already sold, and a large group of venture capital funds and key opinion leaders (KOLs) allocation still to process, retail investors will no longer be able to invest in our seed round.

Backers, Backers & More Backers

On the topic of backers, this week has seen a flood of amazing VCs and investment funds joining our revolution! With so many to list, we will briefly run through them for the purposes of introducing them to our community, and to welcome them into our ecosystem.

CSPDAO is a decentralized autonomous organization that focuses on investment opportunities that can spark the next paradigm in the internets evolution. Through a research-driven and rigorous investment process, CSP DAO supports exceptional project teams that are utilizing blockchain technology to usher in the next shift in financial and societal innovation.

Cryptoavengers is a community-based decentralized venture capital Firm that invests essentially in blockchain-based projects. They bring a large community, influencers, and amazing connections within the industry.

OIG provides one of a kind platform for projects to raise capital, grow supporters, and educate them as well, drawing on a large of group investors who take part in promising projects presented them by their board.

Signal Ventures entered the blockchain space in July 2017, and has grown a vast network and developed a stringent set of criteria for assessing new investment opportunities.

Alpha Moon Capital focuses on investing in early-stage decentralized financing, NFT, and Web3 startups. They support ambitious blockchain startups which bring innovations and great solutions for the foundation and enhancement of the decentralized web.

Vivian Capital is an Australian DeFi family office that supports and invests in blockchain projects which aim to advance the industry and provide a positive global impact.

An Expanding Team

Along with names such as Mate Tokay, Lester Lim, Alex Man, Ben Stein and Damon Zwarich, P2P has been busily acquiring some of the best talent for their development team. Here are our latest additions to the team.

Marius Naujokas — UI/UX

P2P Finance is very happy to announce the recent hiring of Marius Naujokas. He is responsible for making our platform intuitive, fun, and easy to use. Marius is currently focused on getting the front-end ready in time for the TGE, mooted for late November.

Ricardo Rodrigues — Dev Ops

Benjamin Houdebert — Haskell Dev

Abishek Mishra — Front-End Dev

Francisco Brito — Front-End Dev

Staking Development Progress

Just a reminder for those who want to ‘keep the bastards honest’ — we published our first P2P staking video that briefly discusses the progress we’ve made and explains the interaction with the smart contract. You can watch it here.

Thank You For Reading

Thank you all for following our progress as we gather strength, talent and speed. The project is expanding on all fronts at a rapid pace, and making all the right moves to launch our evolutionary P2P Finance platform at the earliest possible date.

About P2P Finance

P2P Finance is a Defi Ecosystem that brings financial services to the Cardano blockchain and introduces innovative passive income opportunities for the cryptocurrency community while offering peer-to-peer lending services which will feed margin requests on the P2P Finance platform.

The P2P Finance ecosystem offers the whole suite of Decentralized Finance services, including its lending services as well as an automated market maker (AMM) decentralized exchange, derivatives trading, and an initial decentralized offering (IDO) launchpad.

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ADA Finance (ADAFI) is a cross-dual-chain DeFi ecosystem, powered by Cardano and Avalanche.