Let them have their cake and eat it: DeFi & NFTs
Since last March, the latest CoinBurp Wallet now includes both DeFi and NFT support. Additionally, CoinBurp has plans to enable the CeFi functionality, which will make it the first mobile-native wallet to truly bridge CeFi and DeFi. This enables users to best utilize DeFi functionality that would otherwise have too much friction for the average retail customer.
Their users now have the ability to both interact with the Coinburp CeFi exchange and a DEX to trade against their assets. And by using the native $BURP token for staking, they can earn rewards, pay fees directly with the token and vote on the platform’s evolution directly through DAO governance.
With CoinBurp’s existing regulated exchange infrastructure and fiat on onramp capabilities (in both British Sterling and Euros), users can dive straight into leading DeFi protocols like Uniswap, AAVE, Yearn, Curve and many others supported by WalletConnect. Users benefit by earning yield on their assets, all while soon being covered by the central platform’s $100M institutional grade insurance policy.
Equally, within the app is NFT Wallet functionality and Marketplace where users will be able to directly purchase their favorite NFT collectibles with fiat, including Open Sea secondary markets, within the Non-Custodial NFT Wallet. The wallet will also allow them to transfer NFTs between wallets and even earn rewards for all their crypto related purchases through the first-ever CeFi NFT loyalty program. Which includes a built-in raffle system allowing users to win exclusive drops from CoinBurp’s partners who include: Sandbox, Avastars, and NFT Boxes at launch.
The Team and their vision
Peter Wood and his team developed the UK’s #1 trusted crypto brokerage according to TrustPilot UK. With that success, the team now has an appetite for pushing the boundaries further on the next generation of exchanges. With the power and balance of decentralized solutions, CoinBurp Wallet aims to become the best in class standard for what Centralized Exchanges 2.0 looks like.
They also benefit from leading advisers including eToro’s former CEO, Iqbal Gandham, and Co-Founder of Sandbox, Sebastien Borget, building upon the teams combined experience of over 35 years in the brokerage space
Going live: Outlier Ventures and Ascent
Having recently graduated from the Outlier Ventures Basecamp accelerator they have now been accepted into their token launch program (Ascent), which is focused on the rapid launch of DeFi and NFT protocols.
Outlier Ventures has been backing Web 3 founders since 2014 and is the world’s leading Web 3 accelerator program on track to accelerate up to 100 startups and protocols in 2021 through both Ascent and their earlier pre-seed/seed program (Base Camp).
Both Base Camp and Ascent are recruiting for their next cohort and are looking for founders accelerating the open metaverse thesis by launching token networks. They bring together a network of 1,000 of the world’s leading Web 3 founders, protocols, and VCs to mentor and invest.