Poolz Ventures has been on a spree to find and invest in the most innovative and unique projects across some of the largest blockchain networks. On this journey, we are excited to announce that our next major venture investment is AdaSwap — a next-gen decentralized exchange based on one of the most popular third-generation blockchain networks Cardano.
Our investments through Poolz Ventures in decentralized projects like AdaSwap are not only in the form of financial capital but also resource capital. That means, through Poolz Ventures, we aim to offer all critical available resources to early-stage decentralized projects so that they can effectively build a market-ready product and launch it to a wide community.
AdaSwap is certainly one project that has gained our trust with the work it is doing in making the experience of Cardano users smooth and simple. It aims to be the first-ever DEX on Cardano, and it will enable its users to swap, bridge, & trade Cardano-based tokens with stablecoins.
The platform most definitely reaps the benefits of being based on Cardano, which is a high-speed, cost-efficient, and extremely secure network. That means users on AdaSwap will be able to swap their Cardano-based assets almost instantly for only a few cents in gas fees.
Apart from offering users the best swap service on Cardano, AdaSwap’s other significant goal is to develop tools that users can utilize to generate high yield through staking pools. The project also envisions offering NFT content through their launchpads and marketplaces.
What makes AdaSwap a strong project is the team that backs it. The co-founders of the project have been in the crypto space since the early days of Bitcoin and have extensive experience building decentralized products. The COO of AdaSwap has five years of experience in this space and was the original part of the eToroX team while the CTO has over 20-years of management experience.
AdaSwap’s vision and solutions combined with its strong team make the project ready for a great trajectory. We truly believe in the project and are confident in the team’s ability to successfully deploy what could be one of the best and most popular DEXs on Cardano.
AdaSwap is an ecosystem builder aiming to create the first DEX on the Cardano network. The AdaSwap DEX will make it easy to swap cryptocurrency tokens; create, buy and sell NFTs; launch new projects and stake funds in liquidity pools to earn fees on the Cardano blockchain.