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Euroswap EDEX Presented the Team and Went Straight into the Main Development Phase
“We wanted to change Europe for a new digital world. The support of our project by so many people proves that Europe is ready to take this global step”. Austin Welsh – CEO & Co-Founder of EuroSwap EDEX
Vienna, Austria–(Newsfile Corp. – December 6, 2021) – Few crypto projects today are so punctual and responsible to their community. EuroSwap completed the very first stage of the project’s development, keeping its word on every step of progress. The final chord in the completion of Priority Session was the introduction of the project team. Getting to know the organizers, developers and top managers of the project was excellent. The EDEX leadership team was warmly received by the community.
The founder of the project was a Briton Austin Welsh, a graduate of the IET Engineering University in Britain, who worked at BACS, one of the largest financial companies in the United Kingdom. The company has been involved in the development of payment systems throughout the UK for about 50 years. This experience will certainly help in the development of the project, which is going to become a European “bridge” between crypto and the euro. Mr. Welsh reportedly developed his first digital program at the age of 13 – just a year older than Elon Musk did – and he hasn’t stopped building projects and companies since.
Mr. Welsh’s right-hand man is Frenchman Daniel Moreau, who is Chief Financial Officer and responsible for developing the commercial component of the EuroSwap EDEX project. According to the developers, the project was initially supposed to be just another decentralized exchange with a small advantage over competitors. But it was Daniel who proposed to create the first DEX with the connection of the euro fiat gateway. Since then, the project has evolved into a digital phenomenon. With a background in banking with technology & telecoms clients, Daniel is leveraging his experience to set the financial strategic objectives for EuroSwap next phases of growth.
Swedish Nathan Pierson is responsible for global marketing. Nathan is a seasoned blockchain marketing professional, as well as a crypto enthusiast and trader since early 2017. Coming from another Layer 1 DeFi project, Nathan brings a wealth of knowledge on the marketing trends in the space.
The presentation shows that the EuroSwap team is international, drawn from many European countries. This adds to the project a global vision and makes EDEX a truly large-scale European DEX exchange with a link to the euro.
The journey of the Priority Session phase
The public development of the EuroSwap EDEX project began a month ago on November 06, 2021. Everything began with the fact that the developers made publicly available a fully working technology of the EDEX smart contract, which will form the basis of the future DEX technology. The team did all the necessary tests on the BSC network and submitted the technology to the audit companies. The project expects an audit decision in very early 2022, and that will be another big confidence boost. In the first weeks, the project submitted a test Swap to exchange the first BUSD / EDEX pair. This further confirmed the technology’s readiness to process smart contracts.
After the MVP of the project was submitted, the developers started to raise investments for further development. In fact, they launched a startup on the ready-made BSC contract system and invited the so-called Business Angels – participants of the project’s early venture investment stage – to participate in the project. The investors were offered favorable conditions for participation, as well as large shares of EDEX digital bonds, which guaranteed participation in the company’s profits. Thus, the EDEX project attracted more than 500 Business Angels in just one month.
EuroSwap created information zones on the majority of media platforms: Telegram, Twitter, YouTube, Medium, Reddit. The project ran a large-scale promotional campaign in major media outlets. It attracted the attention of hundreds of thousands of Europeans, and about 10,000 subscribers already follow the project’s social networks.
EDEX starts a new stage of development with a huge speed
This weekend the Priority Session was finished and started the main stage of EDEX token distribution. Now the team will focus on improving the security and credibility of the project. They started the new phase by introducing the main members of the project team. And that decision opens the door for them to apply to be added to Coinmarketcap Calendars & CoinGecko lists. If EDEX appears on even one of these lists, it will mean that the project has undergone a rigorous compliance review by fundamental crypto market analysts.
The main argument in favor of early participation in the EuroSwap EDEX project can be the unique Early Staking with rewards of up to 150% p.a. This means that any EDEX token holder will be able to earn extra income even at the Early Staking stage. The developers state that this tool will be fully available as early as January 2022. Until then, the project is expected to see several more gradual price increases. At this stage, early transitions to the next phases of development are possible, if demand greatly exceeds supply. In total, less than 15% of the entire 746,000,000 EDEX token issue is allocated to EDEX Early Sale. About half of that volume has already been received by EuroSwap Business Angels.
Read more about EuroSwap EDEX:
Website: https://euroswap.io
Swap BUSD/EDEX: https://app.euroswap.io
Telegram: https://t.me/euroswap_io
Twitter: https://twitter.com/euroswap_io
Reddit: https://www.reddit.com/r/EuroSwap_EDEX/
Learn more about EDEX: https://beincrypto.com/euroswap-token-sale-bridge-between-euro-and-cryptocurrency/
Media Contact –
Name – Thomas Kindake
Email – [email protected]
Company – EuroSwap EDEX
Website – https://euroswap.io
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106839
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Premia Partners announced fee reduction for Premia Vietnam ETF and change of underlying index
HONG KONG, May 2, 2024 /PRNewswire/ — Premia Partners, a leading ETF provider from Hong Kong, announces today fee reduction of its Premia Vietnam ETF (the ETF) and change of the underlying index to S&P Vietnam Core Index (USD) NTR (the index) with immediate effect.
Total expense ratio of the ETF would be lowered from 0.75% to 0.70% per annum, reflecting Premia’s commitment to offering competitive pricing and enhancing value for investors. The physically replicated ETF offers cost-efficient and convenient access to the fast-growing Vietnam equity markets, and the new index was introduced to enhance the asset allocation and risk diversification of the ETF and better reflect opportunities from continued growth and development of the Vietnam stock markets.
– Broad market coverage: Premia Vietnam ETF (Tickers: 2804 HKD / 9804 USD) offers broad all-cap coverage for Vietnam. The index it tracks intends to cover 90% of float-adjusted market capitalization of the S&P Vietnam BMI, representing the largest and most liquid Vietnamese stocks listed on the Ho Chi Minh and Hanoi Stock Exchanges.
– Reflect continued development of the Vietnam stock markets: rather than restricting coverage to a fixed number of constituents, the index tracked by the ETF is not set to a predefined number of constituents and continues to expand coverage as the markets grow and evolve.
– 15% Single stock cap: for better diversification and risk management, the new index provides a single constituent weight cap of 15% to ensure low concentration risk.
“Providing thoughtful, institutional grade access tools for Asia is always close to our hearts at Premia. For us it is not just about launching new products, but also constantly updating features of our existing ETFs to enhance value propositions for investors.” said Rebecca Chua, Managing Partner of Premia Partners. “The fee reduction and index change of our Vietnam ETF would be timely enhancements for investors looking for cost efficient, diversified allocation tool to capture growth opportunities in the rapidly developing Vietnam equity markets.”
“S&P Dow Jones Indices is excited to license the S&P Vietnam Core Index to Premia Partners for its ETF,” said John Welling, Senior Director and Head of Global Equity Indices at S&P Dow Jones Indices. “The index is designed to provide an objective and transparent underlying view into the fast-growing Vietnamese market and economy. By measuring the performance of the largest and most liquid Vietnamese stocks, the index offers market participants a comprehensive data set to gauge Vietnam equity markets.”
About Premia Partners
Founded in 2016, Premia Partners is one of the leading ETF managers from Hong Kong, dedicated to building low-cost, efficient, best practice ETFs for Asia. As of May 2nd 2024, Premia Partners manages 9 ETFs in Hong Kong. For more information on Premia or Premia ETFs covering China, Emerging ASEAN, Asia Metaverse/ Innovative Technology, Vietnam, China high yield bonds, China government bonds and US Treasury, please visit www.premia-partners.com
View original content:https://www.prnewswire.co.uk/news-releases/premia-partners-announced-fee-reduction-for-premia-vietnam-etf-and-change-of-underlying-index-302131161.html
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