1 year ago
KuCoin Labs, the concern and incubation limb of the KuCoin ecosystem, has announced its co-lead concern successful LiquidFactory.io, a startup that is gathering a privateness web with autochthonal encrypted cross-chain communication.
The $1.25 cardinal money rise besides attracted backing from VC firms including IDG capital, CDH VGC, Lapin.Digital, Ascensive Assets, and Acheron Trading.
Aviv Farhi, COO of LiquidFactory.io said:
“LiquidFactory.io volition beryllium utilizing this concern to motorboat its archetypal merchandise BIDSHOP.io,”
LiquidFactory.io’s archetypal product, BIDSHOP.io, is an NFT auction-style marketplace that introduces crippled mentation elements into the accepted NFT auction process.
Bidders connected the level volition beryllium capable to fell their bids from others successful a decentralized and trustless mode utilizing the platform’s encryption furniture — allowing for further liquidity streams for NFTs. Bidders volition besides beryllium capable to get uncommon NFTs astatine a discount from their listing price.
The BIDSHOP testnet level is scheduled to motorboat connected Dec. 7 and volition see giveaways and prizes to pull users and testers. KuCoin Labs volition beryllium advising LiquidFactory.io connected assorted aspects specified arsenic concern strategy, fundraising, marketing, and go-to-market strategies.
The station LiquidFactory.io to motorboat privateness web auction-style NFT marketplace appeared archetypal connected CryptoSlate.
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