SPONSORED POST*
ETFSwap (ETFS) has seen a significant uptick in demand as Bitcoin (BTC), the largest cryptocurrency in the industry, starts another campaign toward a new all-time high. Thanks to the just-concluded fourth Bitcoin halving, the flagship asset is recovering nicely from the strong market corrections that saw it drop below $60,000.
According to data from Coinmarketcap, it is currently trading above $66,000, and several assets in the crypto market are already beginning to follow suit. One such asset is ETFS, the native token of the ETFswap (ETFS) network. Investors are already betting millions of dollars on the token by joining the ETFswap (ETFS) ongoing presale event, which is already the biggest thing in crypto right now.
Summary
Why Crypto Investors Are Bullish On ETFswap
ETFswap (ETFS) is an innovative crypto project that intends to bridge decentralized and traditional finance by tokenizing exchange-traded funds (ETFs). These ETFs consist of various assets spread across several industries, including the stock market, Bonds, and energy industry. The tokenized ETFs will allow crypto investors to invest in assets across multiple industries on a single interface, allowing them to diversify their portfolios.
The platform will feature a web3 marketplace that will allow investors to trade tokenized ETFs and also help them monitor the progress of this asset on-chain before making investment decisions. Experienced traders can also benefit from the up to 10x leverage on trading on the platform to expand their earnings. Fractional ownership is also available for investors interested in amplifying their portfolio but do not wish to buy the whole thing.
ETFswap (ETFS) will also enable users to access its platform without filling out Know Your Customer (KYC) forms that involve divulging personal information. Further, the platform has completed an audit of its smart contract with the help of the leading blockchain security firm Cyberscope. Cyberscope rigorously checked the ETFswap (ETFS) smart contract and found it clean of vulnerabilities that can weaken it against cyber attacks.
At the heart of the ETFswap (ETFS) ecosystem is ETFS, its native token, which will serve the purpose of utility and governance, allowing holders to be involved in making decisions that affect the platform. Also, holders can benefit from its staking functions, which will help them to make passive income through mouth-watering annual percentage yield (APY).
ETFS Private Sale Success Attracts Whale Investors To Presale
ETFswap (ETFS) recently raised $750,000 in a successful private sale featuring two institutional investors and three angel investors. The platform intends to use the funds to accelerate the launch, development, and expansion of its ecosystem.
To maintain its integrity, the platform has refrained from acquiring investments from venture capitalists (VCs), and this is because they would have to do the bidding of these investors instead of focusing on what will benefit the platform ecosystem and its users.
This bullishness from large industry players has spurred more crypto investors to participate promptly in its ongoing stage 1 presale, where it’s offering the token at $0.00854 per coin. Investors are confident that the start of Stage 2 at a price of $0.01831 per token will give them automatic profit even at its early presale stage.
Also, experts have speculated that the ETFS has the potential to rise by 10,000% to $1, giving all early investors a 1,000x yield on their investments. Further, ETFswap(ETFS) aims to partner with other titans in the DeFi sector after the launch of its platform.
For more information about the ETFS Presale:
*This article was paid for. Cryptonomist did not write the article or test the platform.
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