At its launch in November 2020, CopperConnect was the first-ever dedicated DeFi tool for institutional investors and remains a key catalyst for driving DeFi adoption amongst this investor segment, which include hedge funds, family offices and private banks. As CopperConnect adds support for Fantom.

Available as a simple and highly-secure Google Chrome application, the platform provides institutional investors a reliable and easy way to seamlessly connect digital assets stored in Copper’s multi-party computation (MPC) wallets with decentralised applications (dApps).

Copper’s Infrastructure

Copper’s institutional-grade infrastructure adheres to the highest standards of security, ensuring the safeguarding of assets throughout the DeFi lifecycle.

Incorporating Layer 2 network Arbitrum, and leading blockchains BNB, Avalanche and Fantom into CopperConnect is a new milestone in Copper’s commitment to unlock the multi-billion dollar DeFi market to an untapped audience that has previously found the sector too complex and risky to participate in.

“Decentralised finance has the potential to drive innovation in all aspects of traditional finance, from derivatives to insurance. By providing resilient infrastructure and widening CopperConnect’s DeFi coverage with leading protocols such as Arbitrum, BNB, Avalanche, and Fantom, we hope to open up exciting opportunities for further growth in DeFi, the cornerstone of the future of finance.” Dmitry Tokarev, CEO at CoppeR

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About Copper

Digital asset infrastructure developed in partnership with pioneering institutions.

Website | Twitter 

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About Fantom

Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform. Built on a permissionless aBFT consensus protocol Speed, low transaction costs, and high throughput. Moreover, make Fantom ideal for DeFi applications and real-world use-cases.

Website | Twitter

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SOURCE

https://copper.co/insights/copperconnect-adds-support-for-arbitrum-bnb-avalanche-and-fantom-to-provide-institutions-unrivalled-defi-access?utm_source=Twitter&utm_medium=organic&utm_campaign=avalanche_copperconnect

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The $SEA Token Launch Auction will commence on the Copper platform on May 9th at 15:00 UTC and it will run through May 14th. A total of 75 million $SEA tokens have been allocated to the IDO public sale, representing 7.5% of the total supply of one billion tokens. The starting price is set at $0.50.

“The IDO is a once-in-a-lifetime opportunity to appreciate our community’s unconditional support,” said YGG SEA Co-founder Irene Umar. “We are where we are because of the community and we would like the community to own a piece of YGG SEA through the IDO. DYOR, all I can say: what you see today is just the beginning of what will unfold in the coming months.”

$SEA is the governance token of YGG SEA. It gives community members the right to vote on governance proposals, ecosystem reward allocations, most desired features/reward models that reflect local needs, and whitelist opportunities for GameFi as well as non-GameFi NFTs.

Since community is at the core of YGG SEA, the guild is committed to giving everyone the opportunity and time to participate in the IDO in a fair and transparent manner. Copper is the most decentralized and user-friendly way to participate in a specific configuration of Balancer’s Liquidity Bootstrapping Pools (LBPs), allowing more equitable distribution of tokens for all participants.

The Token Launch Auction on Copper allows for real-time price discovery, open and permissionless participation, and fair distribution of tokens. It disincentivizes front-running bots and whales to get the $SEA token into the hands of as many participants as possible.

YGG SEA is the leading guild for Southeast Asia, having invested in 76 projects since November 2021. Ten games have become accessible to the YGG SEA guild members, and many more to launch within this year. It currently has offices in Indonesia, Thailand, Malaysia, and Vietnam. Following the IDO, YGG SEA plans to expand into three additional countries within six months, with complete SEA coverage planned by 2024.

YGG SEA had earlier raised $15 million across two rounds from notable investors including YGG, Infinity Ventures Crypto (IVC), Crypto.com Capital, Animoca Brands, Solana Ventures, Polygon, and others.

About YGG SEA

YGG SEA, the first subDAO of Yield Guild Games, is a decentralized autonomous organization for acquiring and managing NFTs used in the metaverse. Its mission is to create the biggest and most sustainable play-to-earn virtual economy in Southeast Asia. YGG SEA is a founding member of the Asia Blockchain Gaming Alliance.

Website | Twitter

About Copper Platform

Copper is the most open, transparent, and user-friendly way to participate in a Fair Launch Auction (FLA). An FLA is a simple crowdfunding mechanism that enables projects and ideas from across the world to raise money from individuals without barriers to entry. No more middlemen, capital gatekeepers, or geographical constraints. No KYC or any sort of privileging of larger investors over smaller ones.

Website | Twitter

SOURCE

Medium

The post YGG SEA is Launching on Copper Launchpad appeared first on Smart Liquidity Research.