DigiU Ecosystem Events: October 2023
Find out what awaits the DigiU ecosystem in October 2023.
At the end of September, we actively began discussing the partnership between EYWA and Curve:
- Michael Egorov, the founder of Curve, invested in a private round of EYWA;
- EYWA is deeply integrating with Curve pools to create a unique solution that addresses the liquidity fragmentation issue in cross-chain swaps.
In terms of scale and impact on the DeFi market, Curve can be compared to Tesla in the automotive world. The partnership between EYWA and Curve can be likened to EYWA producing batteries for electric cars, with investment from Elon Musk, and EYWA becoming a battery provider for new Tesla cars. All of this in just 2 years of work!
After announcing the TGE (Token Generation Event), private investors, advisors, partners, approached EYWA. And the team consulted with the IDO platform. The decision was made to allocate more time for development to ensure a successful project launch. Therefore, the EYWA team postponed the TGE.
In October, we will share more news about the EYWA project – stay tuned for updates!
Venture Capital Fund
We are currently actively working on registering the venture capital fund. Alexander I is in charge of selecting the jurisdiction. As we mentioned, the fund will be able to attract liquidity from traditional venture market participants – for this, we need the right legal structuring.
DigiU will be one of the liquidity providers to the fund, and any ecosystem participant will be able to invest on equal terms in venture projects alongside traditional market players. This is a unique opportunity that no other fund in the world offers!
Over the past year, we have held meetings and participated in exhibitions, which has generated significant interest in the fund from professional market participants. Therefore, we are confident that the goal of filling the fund with $50 million in liquidity will be achieved ahead of schedule.
We have already chosen the name for our venture fund – WebWise Ventures. In October, we plan to launch the website – stay tuned for updates!
News on venture capital fund projects:
BinaryX project delights us with new achievements. They received a $100,000 grant for advertising development. The team expects this to expand the community and attract more landlords. Additionally, the project will now be able to sell real estate in Turkey.
In the SpiritMe project, development of higher-quality digital avatars is currently underway, which can be created not only from a phone but also with a professional camera.
We recently announced changes in DigiU.Wealth and shared what's in store for the ecosystem. Read the previous post and turn on notifications so you don't miss information about upcoming updates!
The leader community is actively participating in the marathon, and we already see how much energy and motivation it has awakened in participants. In September, more than 4000 new users joined the ecosystem thanks to the efforts of leaders!
The marathon will conclude in October, and leader congresses are being prepared in various countries. Watch a film about the first DigiU leader congress in India: we will release it next week!
You can also look forward to regular updates to your personal cabinet and webinars with Alexey Ognev.
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