On the 7th, P2PGO announced on the 7th that it has created a market pair in Uniswap to provide smooth liquidity before implementing the crypto landing service. P2PGO is building a DeFi platform that enables P2P landing to remittance using blockchain technology.
Billions of dollars have been invested in the rapid development of the P2P landing market in recent years. In countries with negative deposit rates, such as Japan and Korea, people tend to invest in developing countries such as Southeast Asia to pursue better rates of return. According to Marketwatch, the global P2P landing market size is estimated to be US$ 34.16 billion in 2018, and is expected to reach US$ 5.85 billion by 2025, assuming a 50.2% CAGR over the forecast period. Although the cryptocurrency landing service market has been formed for less than three years, it is showing tremendous growth. The landing amount of Genesis Capital, the largest in the cryptocurrency landing market, has been steadily increasing from 2018 to the present. The amount of landing service provided by Genesis Capital accounts for 50% of the total amount of cryptocurrency landing, and the amount landed in the last year has increased by 7 times compared to the previous year. This is a proof that the demand for cryptocurrency landing services is increasing.
P2PGO CEO Leo Han (CEO: Chief Executive Officer) said, “Through this Uniswap listing, we are steadily performing as per the roadmap. We are improving the efficiency of small and medium-sized investments pursued by the platform, raising funds convenient to debtors, and bringing high returns to creditors. “We are reaching the platform’s goal of lowering the risk,” he said. Therefore, P2PGO can purchase P2PG tokens with Ethereum (ETH) without complicated sign-up procedures, and existing P2PGO investors can become liquidity providers through Uniswap. In order to supply liquidity to Uniswap, both Ethereum/P2PG tokens of the present value must be remitted in proportion. As a result, P2PGO expanded the market by forming a market pair in Uniswap, and recently announced through the community that it is planning to launch a crypto landing service. Currently, P2PG tokens are listed on Poblegate, a cryptocurrency exchange in Korea.
Meanwhile, Uniswap is an Ethereum (ETH)-based decentralized exchange that first started its service on November 2, 2018, and its founder was Hayden Adams, which received a support fund of $100,000 from the Ethereum Foundation. Was released on. Recently, Uniswap is a market where transactions are active enough to exceed Coinbase Pro’s daily transaction volume as the popularity of the DeFi (decentralized finance) sector has recently increased. Ga-young Jin, reporter lawissue [email protected]
– Telegram channel: https://t.me/p2pgocapital
– Telegram group: https://t.me/p2pgotalk
– Kakao talk: https://open.kakao.com/o/gW389gic
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See P2PG/KRW trading pair on Foblgate: https://www.foblgate.com/trade?pairName=P2PG/KRW