The Exscudo team evangelizes the principles of DeFi (Decentralized Finance) and is moving toward the gradual transfer of the entire platform to the ideas of DAO (Decentralized Autonomous Organization). A private DAO community of key regional partners and the project team, based on self-regulation principles, will be able to influence the platform and the ecosystem development. So far there is no set date for the IDO, but it’s worth monitoring the updates. Detailed information about the wallet, crypto-fiat conversions, and other services can be found on the official FinTap website. The IDO will introduce a new Exscudo coin – or, rather, token – called FTP, or FinTap Coin. Its main utility lies in the fact that FTP holders get large discounts on all service fees, be it for payment processing or fiat conversions.
- The Exscudo team evangelizes the principles of DeFi (Decentralized Finance) and is moving toward the gradual transfer of the entire platform to the ideas of DAO (Decentralized Autonomous Organization).
- Crypto payments erase geographical limits, eliminate middlemen and bring financial freedom to both the payer and the recipient.
- As a professional CEO, Andrew invests all his skills and knowledge into the implementation of Exscudo products.
- We offer products for quite all user categories, and they are easy to use, flexible and secure.
- Andrew Zimine, CEO and Founder of Exscudo shared with us his wisdom about Exscudo.
After the sudden outbreak of the global pandemic, businesses had to rethink their blind optimism about the traditional financial system. Turns out that no one is protected against inflation, and companies need to choose safer options for handling and storing their capital. With an industry https://cryptolisting.org/coin/eon standard-setter like Exscudo, scam platforms are no longer a threat – there is a simple and comprehensive way to manage both fiat and crypto payments. Since 2017 Exscudo works on a financial ecosystem of products and services based on the proprietary technology platform for developers.
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Exscudo was also the name of the Portuguese currency when Portugal was at the peak of its imperial prowess. Andrew Zimine, CEO and Founder of Exscudo shared with us his wisdom about Exscudo. The current global economic situation clearly shows that fiat currencies are not as reliable as they seemed to be. Inflation devours companies’ capital, and they seek alternative payment and storage solutions. As a result, former mistrust in cryptocurrencies and blockchain tech is being replaced by genuine interest.
- Blockchain transactions are much faster and cheaper, especially for enterprises.
- Exscudo is a company that aims to expand to various jurisdictions in different parts of the world, so it can become a truly global project.
- A private DAO community of key regional partners and the project team, based on self-regulation principles, will be able to influence the platform and the ecosystem development.
- Mustafa has been writing about Blockchain and crypto since many years.
All the coins were minted until 1868, with 10 escudos also minted in 1873 during the First Republic. Behind the scenes, a built-in Exscudo exchange called the OTC Core scans multiple platforms (exchanges, OTC services, etc.) and finds the best conversion rate for the selected currency pair. Exscudo is not just an exchange, it an integrated financial services provider. In this context, it would be more appropriate to speak about competitors if we take single Exscudo products a stand-alone products. Those who book the investment package in advance and buy them out within the first 48 hours during the ICO will receive a 10% bonus in the form of additional EONs to the account. Investors that buy non-reserved coins during the first 10 days of ICO are awarded with 5% bonus coins.
Besides, DeFi means a wider choice of tokens and convenient crypto arbitrage options. Use the calculator to convert real-time prices between all available cryptocurrencies and fiat. However, it’s at the stage of crypto-fiat and crypto-crypto conversions that real magic happens. The more coins are deposited on the node, the more is the probability to sign a block, and the more does the node owner earn. We will publish detailed guides on setting up a node, so that even non-technical users are able to do it.
In the first 10 months of 2021, Exscudo reached $250 million in transaction volume – an impressive number for such a young project. Its product range includes a wallet with a built-in messenger, a crypto payment gateway, a White Label solution, an SDK, and more. Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
Colored coins functionality will be added to EON testnet during the next update
Moreover, FinTap allows you to buy crypto using 10 different fiat payment systems, including SEPA transfers (for European residents), PayPal, MasterCard, etc. The flagship offering by Exscudo is FinTap (formerly Channels), a non-custodial blockchain wallet that doubles as a crypto-fiat ramp and a secure messenger. Exscudo is an EU-licensed provider of crypto and fiat payment solutions. COVID-19 has clearly highlighted the challenges faced by the global economy. As a result, people have become better at understanding the nature of inflation and how it can affect both their personal income and business environment. An overview showing the statistics of Exscudo, such as the base and quote currency, the rank, and trading volume.
This lifetime privilege is assigned to the account of an investor. We see that the emergence of Central Bank Digital Currencies (CBDC) in many countries proves the advantages of digital assets and the disadvantages of existing fiat money. We know that decentralized and traditional centralized finances can exist together, level out disadvantages and complement the advantages of both approaches. Copper coins were issued in denominations of +1⁄2, 1, 2+1⁄2 and 5 céntimos; silver coins of 10, 20 and 40 céntimos, 1 and 2 escudos; and gold coins of 2, 4 and 10 escudos. The 1 escudo was introduced in 1864, followed by the other silver and gold coins in 1865 and the copper coins in 1866.