The alliance of DeFi 2.0 projects is growing, and the market landscape is changing rapidly. With each new project entering the space, it becomes increasingly difficult to keep track of what’s going on in this ever-evolving ecosystem.
Bitcoin was a novelty among the cypherpunk movement when it initially appeared, motivated by strong ideas and ideals that attempted to solve the faults in conventional finance. This clash of values made it seem as though the two were not meant to be together.
As a consequence, conventional financial institutions dismissed Bitcoin until it proved to be a serious threat to current banking systems and showed how decentralized technology might alter the fundamental nature of money.
The focus shifted to decentralized finance models, which included not only a single currency but the whole ecosystem of how we utilize and integrate those currencies into our everyday lives, as well as how we invest in and manage those assets.
Now we find ourselves at the crossroads of these two worlds: well-established traditional finance, with its processes, ease-of-access, and institutional trust that people all over the world have come to expect; and decentralized finance, with its infrastructure and trustless code-based systems that have made Bitcoin and other cryptocurrencies strong contenders for the financial industry of the future.
At AllianceBlock, we’re putting them together into a system that allows everyone, not just the tech-savvy and early adopters, to benefit from DeFi’s profitable potential by enabling it to interoperate with TradFi’s existing infrastructure, allowing one to grow by having access to the other.
Rachid Ajaja, Matthijs de Vries, and Amber Ghaddar, three innovators with a similar vision and ambition to enhance financial institutions, met in 2018 to lay the foundation for what would become AllianceBlock.
Rachid and Amber came from the conventional financial sector (Barclays, Goldman Sachs), while Matthijs came from a Technical Development background, thus AllianceBlock was established by three innovators from diverse backgrounds (PostNL)
“All we wanted to do was create an investing platform, secure the money, and safeguard the investor.” In September 2021, Rachid Ajaja will talk at our #WenZug corporate event.
Now, we’re constructing the next generation of financial infrastructure, combining conventional financial models with cutting-edge decentralized technology, and we’re doing it with the help of a passionate community of traditional and DeFi enterprises that use our products and solutions.
[Crypto] Space Is Lost
During a period of tremendous development and experimentation in the sector, the idea of AllianceBlock was formed from those early meetings and talks in 2018. We recognized the potential of where the DeFi space could go, and how we could help improve and guide it. Decentralized exchanges, liquidity mining, and even blockchain interoperability were just ideas and proofs of concepts, but we recognized the potential of where the DeFi space could go, and how we could help improve and guide it.
We concentrated on increasing awareness of our goal, forming collaborations, and reinforcing our belief in DeFi’s future potential. As a consequence, we built our first MVP of a decentralized investing platform based on a fair, inclusive, and transparent economy that puts users first.
Building on the strength and popularity of that MVP, we continued to grow and form partnerships, such as with Quant Network, and present our vision at events like the 2019 Blockchain Economic Forum and Money20/20, Europe’s Largest Fintech Conference, where we were named one of the 15 best early-stage startups. Station F and Level 39, to mention a few, were among the incubators.
We continued to innovate and expand, eventually launching our $ALBT token in 2020. We commissioned a comprehensive smart-contract audit by Certik, one of the most renowned blockchain security technology firms in the world, in order to establish confidence in our goods. Since then, Omniscia has evaluated our goods and certified them to the Diamond Standard (EIP-2535).
Since then, we’ve continued to push the boundaries of what DeFi and other initiatives can provide consumers. From our own experience establishing $ALBT, one of the major issues we saw that was holding new companies back was token liquidity.
As a consequence, we created a liquidity mining solution to assist us increase our token liquidity and trading volume, and we then offered that platform to other DeFi projects as part of our Liquidity Mining as a Service (LMaaS) offering.
We Need to Discuss LMaaS
As projects in the DeFi sector seek to expand, LMaaS is a game-changer. It addressed problems we had when we first started, and now we want to use it to assist other projects with similar problems.
We’ve been utilizing LMaaS for our own liquidity mining and staking operations since we’ve been our first client. We can definitely state that our product has been thoroughly tested.
On the LMaaS platform, we started our own liquidity mining and staking campaigns, and we’ve seen substantial liquidity increase since then. Our customers’ liquidity has grown by a factor of two or more.
Several projects have already started utilizing the service and are seeing fantastic results, but many others, both new and established in the sector, are unaware that these services exist. We launched our first product spotlight week in October 2021, highlighting how our liquidity mining and staking solution has aided in the growth of the DeFi sector, as well as addressing what’s ahead. You can see what occurred during #LMaaSWeek, and you’ll see a lot more of our LMaaS-related content as we seek to enroll additional customers and increase their token liquidity. Here are some wonderful comments from Dafi Protocol and Polkalokr, two of our first clients:
“We were able to establish a liquidity program using AllianceBlock’s LMaaS without compromising our own development capacity.” This allows us to grow and concentrate on our own goods while creating a user-friendly program.” – Zain Rana, Dafi Protocol Founder
“To be honest, it was as easy as connecting a wallet, following the on-screen instructions, adding prizes, customizing the appearance and feel, setting the pool’s lifespan, and giving Uniswap and token smart contract information.” We were ready to go live with our software in less than 30 minutes. The team’s work ethic and services are outstanding.” – Anis Ahmed Chohan, Polkalokr’s Chief Technology Officer and Co-Founder
While LMaaS is an important product, it does not represent the whole of AllianceBlock. Our whole product suite is made up of three layers, each of which addresses a different aspect of DeFi.
In the DeFi Layer, we provide cross-chain interoperability via the AllianceBlock Bridge, a white-labeled liquidity mining solution via AllianceBlock LMaaS (Liquidity Mining as a Service), AllianceBlock DEX, access to a peer-to-peer funding protocol via AllianceBlock Fundrs, and a comprehensive dashboard of data analytics and information via the AllianceBlock Terminal for use in DeFi strategizing.
With the AllianceBlock Data Tunnel and the DataQuasar, we help DeFi projects and traditional finance players monetize and leverage the massive amounts of data they produce. We also have access to a one-stop-shop Enterprise-grade data API that aggregates DeFi and traditional financial data aggregators into one API.
With AllianceBlock Trustless IDentity Verification (TIDV) and the AllianceBlock Cross-Border Regulatory Compliance Rules Engine, we enable DeFi projects, protocols, and DEXes to introduce scalable compliance frameworks that help them grow with regulation and open doors to institutional players to participate in DeFi.
The AllianceBlock Protocol is intended to be chain agnostic, and it has already been extended to major blockchains including Ethereum, Binance Smart Chain, Avalanche, Polygon, Elrond, and others. Take a look at our roadmap, which outlines our strategy with a historical twist.
DeFi: A New Beginning
AllianceBlock has grown from three individuals who wanted to create a secure investing platform to a workforce of over one hundred professionals in a variety of disciplines who develop and maintain the products, and it is constantly hiring new employees.
September 17th, 2021 – To commemorate the inauguration of our CryptoValley headquarters, the AllianceBlock team convened in Zug, Switzerland.
Our community, and the support it provides us as we create and introduce new goods and services, is very important to us. This network is expanding every day, with over 10,000 people in our Telegram group uniting around the hashtag #NoMercy. We just created a four-year single-sided Hardcore #NoMercy staking pool, which was completely filled in only 12 hours! This shows our community’s faith in our vision for the future of finance’s longevity, confidence, and dedication.
Cryptocurrencies were made possible by blockchain technology, which led to the development of DeFi goods. We’re now working on the next generation of those goods, with the goal of creating a layer of institutionalized services for retail customers, DeFi initiatives, and conventional institutions, as well as raising the level of professionalism and usability in the industry.
We want to see a fusion of conventional financial products with decentralized technology and principles, to help advance the sector from experimental to practice, so that as many people as possible may participate.
We’re creating people to help us lead the way, and tools to help others stay up, and we’ll keep doing so, continuously pushing the limits of what’s possible. Although cryptocurrency began as a curiosity, we are committed to making the DeFi dream a reality.
We’re presently conducting a week-long product spotlight on our white label liquidity mining and staking solution, which has been a huge success. There will be AMAs with clients and products, educational material, and a few surprises sprinkled throughout the week. DeFi projects are invited to see the agenda and ask about the product here. It’s completely free and has the potential to more than quadruple your token liquidity. Here you may also join one of the finest DeFi communities.
Disclaimer: This is a paid advertisement for AllianceBlock.
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