CardStarter x DeFinity
CardStarter will be co-launching DeFinity!
We are proud to announce that CardStarter, a community-based, decentralized accelerator and swapping platform, will co-launch DeFinity’s ground-breaking dual IDO.
DeFinity is a decentralized exchange solution for the foreign exchange market (Forex/FX), tokenized currencies, and central bank digital currencies (CBDC). The project aims to initially deliver a near real-time settlement ecosystem to help market participants settle their cash FX forwards, swaps, and NDF transactions at a fraction of the cost of traditional routes in the $6.6 trillion dollar per day FX market.
“Cardstarter was built to provide early access to revolutionary layer-2 protocols and next-generation financial instruments such as DeFinity to the Cardano Community.” — Aatash Amir, CEO of Cardstarter.
As a blockchain agnostic layer-2 protocol, DeFinity utilizes existing frameworks including WeOwn, Ethereum, Polkadot, Binance Smart Chain, and Cardano while focusing on interoperability and the creation of a more inclusive decentralized ecosystem.
“Our ambition was to create a bridge between conventional assets and digital assets, because we recognised fairly early on that there would be an eventual merger of the two.” — Manu Choudhary, CEO of DeFinity.
CardStarter is the first incubator, launchpad and insurance program for projects being built on the Cardano network. The CARDS platform is a unique and dynamic launchpad, connecting projects to early backers and a network of key partners. The Cards Accelerator Program (CAP) team works with each project individually to establish the right connections and map marketing strategies, establishing the foundation of long-term success.
CardStarter is also differentiated by its charge to protect its supporters. CARDS provides unbiased third-party audits of every project’s code, and protects IDO participants’ investments with an in-house insurance program. CardStarter is proudly partnered with X21 Digital, BlockSync Ventures, Moonwhale Ventures, Genesis Shards, Plethori, Fractal, PARSIQ, Scryptic Tech, and Longtail Financial. Once fully built, CardStarter will be an all-inclusive platform with a decentralized exchange to complement the current offerings. CardStarter aims to be a nurturing force in the Cardano ecosystem, with a major focus on hackathons and project development.
DeFinity is a cutting-edge European financial technology company leveraging DeFi technology to build more open, transparent and scalable financial markets for all participants. Specialised in traditional and digital FX, DeFinity has a focus on real-time settlement of real-world assets. The firm is specifically geared towards the future support of central bank digital currencies and decentralised financial services for FX.
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