YouSUI Secures $1 Million Investment for DeFi Expansion
YouSUI, the primary all-in-one platform on the Sui Network, has recently finalized a significant $1 million strategic investment Memorandum of Understanding (MOU) with FZF Ventures and Layer-OTC. This financial backing will not only expedite YouSUI's objective of delivering a comprehensive and seamless decentralized finance (DeFi) experience but also pave the way for its strategic transition to the Movement Blockchain.
YouSUI's platform offers an array of services, including a decentralized exchange (DEX), launchpad, NFT marketplace, social platform, and asset bridge. This integrated ecosystem empowers users to engage in trading activities, participate in token launches, create and trade NFTs, interact with the community, and transfer assets across different blockchains.
Key Features of YouSUI:
- MVP Operational on Mainnet: The launchpad, swap, asset bridge, claim, staking, and governance functionalities are up and running.
- Vibrant Community: Flourishing presence on platforms like Twitter, Discord, Crew3, and Telegram.
- Ambassador Program: Collaboration with influential figures across Korea, Japan, Vietnam, China, and India.
- Strategic Partnerships: Partnerships established with OKX, Move Studio IDE, Bitkeep, Scallop, Movement Labs, Releap Protocol, BlockVision, Turbos Finance, and other notable entities.
- Recognition: Acknowledged and supported by industry leaders such as Kucoin, Foresight Ventures, VeDAO, Aptos Community, and others, affirming the project's potential.
- Grant Awardee: Granted funding from the Pyth Network, underscoring YouSUI's dedication to innovation and data accessibility.
- Transition to Movement Blockchain: YouSUI plans to migrate its operations to the Movement blockchain to leverage its upgraded scalability, security features, and developer-friendly environment for further enhancement of its DeFi services.
Quotes:
"We are excited about the endorsement from FZF Ventures and Layer-OTC as we commence this new chapter at YouSUI," stated the CEO of YouSUI. "This MOU, in conjunction with our shift to the Movement blockchain, will empower us to offer even more innovative and robust DeFi solutions to our users. We believe that this strategic move will unlock fresh avenues for growth and cement YouSUI's position as a frontrunner in the DeFi realm."
"FZF Ventures is enthusiastic about collaborating with YouSUI during its transition to the Movement blockchain," commented a representative from FZF Ventures. "We are convinced that the advanced technology and thriving ecosystem of Movement make it an optimal platform for YouSUI to realize its full capabilities. We trust that this partnership will catalyze the sustained success of YouSUI."
A representative from Layer-OTC added, "Layer-OTC is pleased to endorse YouSUI's vision and innovative approach to DeFi. We anticipate witnessing the impact of this strategic collaboration."
About YouSUI:
YouSUI is the frontrunner in the all-in-one platform space on the Sui Network, delivering a comprehensive DeFi experience through services like a decentralized exchange, launchpad, NFT marketplace, social platform, and asset bridge. With a rapidly expanding community and strategic alliances, YouSUI is reshaping the landscape of blockchain and DeFi.
About FZF Ventures:
FZF Ventures is an investment firm specialized in blockchain and technology investments, with a focus on NFTs. The firm actively engages in creating and securing NFTs and developing platforms to enhance liquidity in the NFT market. FZF Ventures is committed to propelling innovation and progression in the blockchain and NFT sectors.
About Layer-OTC:
Layer-OTC is a prominent over-the-counter (OTC) trading platform that specializes in offering liquidity solutions for digital assets. With an emphasis on transparency, security, and efficiency, Layer-OTC facilitates transactions between buyers and sellers in the cryptocurrency market, enabling large-scale transactions with minimal market impact. The platform is dedicated to supporting pioneering blockchain projects and nurturing the growth of the digital asset ecosystem.
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