While the advantages of decentralized finance are undeniable, there are still a lot of issues in the industry, ranging from annoying to crucial. And one of the most pressing ones is the issue of fragmentation. Currently, the DeFi space looks like an archipelago: lots of dispersed 'islands'. No single platform provides a full spectrum of DeFi services, especially when it comes to investments and launching projects. And there are no technical limitations that force fragmentation - it all comes to business practices adopted in the DeFi communities. But UMAY breaks this paradigm.
UMAY is not just another IDO solution - it is a diverse ecosystem that offers a full spectrum of financial services to individual users and startups and even combines blockchain and 'real world' businesses. So it is definitely worth a closer look. Let's check it out.
UMAY and blockchainEthereumCardano
A token that fuels its system
As a great plus, a 20% discount is accessible for UMAY holders and their transactions made within the system.
Privacy is a top priority
Only startups raising money on the platform have to pass verification to prevent fraud.
Launchpad to make new startups soar
DeFi startups that are allowed to launch an IDO are carefully curated. Professional analysts consider hundreds of parameters before approving the project for the launchpad. In combination with verification procedures for startups, the risk of fraud is close to zero.
Venture fund to find maximum resources for businesses
The initial amount of investment funds was $1 million, and the first project (iDos Games) has already received $100,000 for its development.
UMAY Venture Fund will grow alongside the community as more and more people and companies will join it. So startups will get much-needed resources, and members of the UMAY community will be able to enter promising startups at very early stages.
Protocol
The place to trade NFTs easily
There are also NFT indices so users can invest in the NFT market as a whole.
Smooth payment solution
In addition, payment gateways, included in the system, allow off-chain businesses easy access to blockchain and DeFi.
OTC Marketplace
Partnership with popular businesses
When new businesses partner with UMAY, they will also have similar programs implemented.
Final words about UMAY and its ecosystem
It is also important to say that the project will not stop. As per its roadmap, new solutions and useful tools will be launched soon.
So, don't just take our word for it. Take a look for yourself by visiting its website and enjoying everything it has to offer.