Dobitrade Crypto Trading Platform and AirWallet Enter Strategic Partnership
Dobitrade Gets into a Strategic Partnership with AirWallet
2018 has been a year where many initial coin offering projects began to flounder as soon as they had completed their crowdfunding series. This floundering, in turn, caused their token prices to start falling. Token pricing issues were experienced in both the small and big exchanges. The reasons for this floundering was attributed to two main factors:
- Lack of liquidity in a market that was already filled with too many startups
- Building a community on the backs of opportunists who did not truly believe in the projects they were a part of.
This is a new and innovative project that seeks to remedy this terrible situation. It hopes to do so by getting into a partnership with Dobitrade. Dobitrade is considered by many to be the fastest growing cryptocurrency trading platform in the world. It has lately been posting a trading volume of between $300 and USD 500 million.
The firm has started to accelerate its outreach to incorporate new and economically viable projects. It aims to use this partnership with AirWallet to help it achieve its objectives. AirWallet will assist in simplifying the participation process, as well as the process of receiving airdrops by playing a curator role.
It will, however, only play the role of a curator for projects with a good reputation, and which are looking to grow their user communities. AirWallet is a decentralized wallet application for cryptocurrencies that makes it possible for its users to store digital assets, as well as receive airdrops from new projects. All this is done using a single unified and highly-secured platform.
Once this is done, users can now be able to manage all their digital assets using the AirWallet application. They can also use the application to send, receive, and view ERC20 tokens from existing as well as upcoming blockchain projects.
Application programming interface integration will make it possible for AirWallet to display the user’s asset balances from other existing cryptocurrency exchanges. Jay K. Lee., the founder and CEO of AirWallet said that it makes a lot of sense for them to partner up and work with Dobitrade.
As they look forward to launching their own AIR tokens, they are hopeful that they will be an important partner that will play a vital role in assisting on-transit blockchain projects. They will provide the necessary support and assistance to the projects that are looking to list on their dynamic and ever-expanding exchange.
He went on to state that he applauded all the support that they had been able to receive from Dobitrade with regards to the asset management division of AirWallet. As they head into the future, the new blockchain projects will be able to take comfort in the fact that the partnership synergy between the two firms will prove to be a rewarding experience for all the parties involved.
The AIR Token from AirWallet is to be traded and listed on Dobitrade once it has gone on sale. AIR will be used as a utility token to pay for services and goods within the platform.