The birth of cryptocurrencies in the investment asset class landscape has been greeted with mixed feelings with average and individual investors embracing the trend while the institutional investors have not yet fully embraced cryptocurrencies as an investment asset class.
This situation can be noticed and seen all across the finance world. A number of reasons can be responsible for this including the problem of lack of trust.
This has made the institutional investors stay away from the crypto space. Cryptocurrencies also do not fit into the investment profile of most professional and qualified investors. This is a challenge which is facing the full adoption of cryptocurrencies in the finance world.
Another challenge which is facing the cryptocurrency market is the problem of risk management. Prudent and professional investors are staying away from cryptocurrencies due to the level of risk they see in the market resulting from the questionable practices of some players in the crypto space.
The questionable practices of some players in the industry have also led to the problem of lack of transparency which has negatively affected the acceptance of cryptocurrencies in finance.
This situation calls for a solution which will create an acceptable level of trust in the cryptocurrency market which will prepare the ground for professional and institutional investors to fully embrace cryptocurrencies. For this reason, the VELIC platform was created.
VELIC Sets Up To Grow The Crypto Market
VELIC is introducing new growth into the crypto market through its tokenized crypto-finance platform. The goal of the VELIC platform is to introduce a new trend in the cryptocurrency market space by introducing a new level of security and transparency in the crypto market to make it acceptable as an ideal investment asset class for institutional and professional investors.
VELIC is going to ensure transparency on its platform by adopting the latest blockchain technology which will help to build trust among participants on the platform.
Benefits Of The VELIC Platform To Users
Users on the VELIC platform will get access to a wide range of financial services on the platform from a single VELIC account. Users on the platform are going to benefit from a crypto asset exchange.
Users on the VELIC will also be able to borrow and lend crypto assets at preferential rates. There will also be an asset management service on the platform which will offer a range of investment products to users of varying risk appetite.
VELIC users will be able to access the financial services on the platform from their web and mobile devices.
VELIC Token
The VELIC platform has developed a token which is going to serve as the base token for the platform and would also provide liquidity on the VELIC VELD exchanges. The symbol of the VELIC Token is VELT. VELT is also a means of rewarding contributors on the platform.
Conclusion
With the way the cryptocurrency market is today, there is now the need to open up the market to allow the highest level of investors and players in the finance world to enter the market and this is what the VELIC platform is set out to do. The commitment of VELIC in using the latest blockchain technology is evidence that the platform is committed to the attainment of its goal.
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Author - Coltpython
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