DeFi project ChangeX lands advisory board from major industry giants
press release

DeFi project ChangeX lands advisory board from major industry giants

THELOGICALINDIAN - The move reflects ChangeXs efforts to accumulate institutional basic accretion and cardinal development afterwards auspiciously oversubscribing the ICO for the CHANGE badge by 180 on June 1

Hybrid Banking/DeFi activity ChangeX is appreciative to advertise the onboarding of a new advising board, with experts of SoftBank, Merrill Lynch, and Citibank fame. The move reflects ChangeX’s efforts to accumulate institutional basic accretion and cardinal development, afterwards auspiciously oversubscribing the ICO for the CHANGE badge by 180% on June 1.

Backed by Experience

ChangeX’s anew formed advising lath sees SoftBank Vision Fund’s Neil Cunha-Gomes, whose crypto investments accommodate Consensys (one of the best acclaimed brands in the industry, abaft flagship projects such as MetaMask) and Elliptic (one of the best trusted crypto acquiescence solutions providers), alive alongside acclimatized experts Dimiter Gurdjilov and Stefan Ivanov, who calm accept 50 years of acquaintance with finance, investments, and basic management.

“We are acutely aflame to accept Neil, Dimiter, and Stefan onboard as our advising team. Together, they represent what ChangeX is about, bringing ability of acceptable finance, cryptocurrencies, and the DeFi amplitude – the three pillars of our project”, said ChangeX CEO Nikifor Iliev. “Neil’s acquaintance at SoftBank, and Dimiter, who has formed for Merrill Lynch Asset Management, JPMorgan, and George Soros’ Bedminster Capital, will accompany invaluable acumen to ChangeX”.

The third affiliate of the advising lath is Stefan Ivanov – an alum of Harvard Business School’s Program for Leadership Development and a chief broker with 25 years of acquaintance at Citibank, Banque Paribas, and Challenger Capital Management, who has additionally served as the CEO of Citibank in Bulgaria. Mr. Iliev added:

“With Stefan, Dimiter, and Neil, we feel appealing assured for the future. The CHANGE badge is 180% oversubscribed. The numbers are arresting because bazaar conditions, and acrylic a abiding contour for investors. This is axiomatic through our self-vesting mechanism, which abounding of them acclimated to lock their tokens for an boilerplate of 11 months. The bound bulk angry out so high, that back CHANGE is appear on September 30, there will be alone 67 actor tokens in apportionment in the 11 months that follow. Because of CHANGE’s architecture and utility, and because it is deflationary, we’re assured a actual abiding and acceptable aftermarket economy.

After the charge phase, area investors pay the blow of their deposits, is completed in June, CHANGE will accomplish its antecedent DEX alms (IDO) on the HYDRA DEX in the aboriginal anniversary of July. Investors who absent the ICO will be able to buy the badge on a first-come, first-served basis.

The ChangeX app and CHANGE staking are set for an official absolution in July, with the beta adaptation already accessible on the Google Play Store and App Store.

ChangeX is an all-in-one claimed accounts adaptable app that merges acceptable banking, crypto, and DeFi. ChangeX will action users a claimed coffer account, admission to multi-chain crypto, and high-APR DeFi accoutrement such as Leveraged Staking, which doubles the rewards on all staked assets. ChangeX’s focus avalanche on acquiescent assets and crypto empowerment and will acquiesce users to absorb any in-app badge on annihilation via its ChangeX Crypto Debit Card. Users will be able to accommodate their stablecoins, use bound and adjustable staking, buy and pay with fiat, and bandy crypto on the built-in ChangeX DEX, with aggregate actuality attainable in a few simple clicks.

ChangeX.io founders Nick Iliev and Gary Guerassimov accept a affluent history of developing acknowledged crypto and fintech products, amid them xChange.bg – Bulgaria’s arch crypto exchange. HydraChain and LockTrip co-founders Nikola Alexandrov and Hristo Tenchev are additionally on board, anniversary bringing seven years of blockchain acquaintance to the project. The project’s CTO Martin Kuvandzhiev is one of the amount developers at Bitcoin Gold – a adamantine angle of the antecedent Bitcoin code, which brought decentralization aback to retail traders and fabricated mining via accepted GPUs accessible again.