Bit.Store, a digital asset investment app, has received an investment from the first Blockchain Infrastructure Alliance (BIA) fund of $50 million for the ecosystem. The fund was raised by members of crypto industry leaders such as Alchemy Pay, Algorithm, Avalanche, Near and Polygon. Bit.Store celebrates new investments, Huobi Global’s recent initial exchange offering, and initial decentralized STORE token ACY Finance with the introduction of Token Airdrop. AirDrop will be available to followers of the community of BIA Alchemy Pay and Near Protocol founding members.
Bit.Store, an app for beginners, has been a huge success in the short term since its launch in 2020. Bit.Store has more than 500,000 active users in Europe and Southeast Asia and is expanding into markets around the world. The Blockchain Infrastructure Alliance is committed to supporting ideas, projects and initiatives that facilitate global adoption of cryptocurrencies. Bit.Store is just one of the many projects that align with BIA’s investment strategy.
With a simple and intuitive design, Bit.Store has established itself as a beginner-friendly investment platform that allows the general public to access cryptocurrencies comfortably and securely. While the simplicity of design and functionality overcomes many barriers to entry, the app outperforms its competitors by making creative use of social elements and exploring new “SocialFi” models. more.
The elements of social finance are proven by various features such as forums, think tanks and trading strategies shared by expert traders. This allows beginners to benefit from the experience of both seasoned and professional ones to monetize their contributions to the platform. The app contains multiple groups and forums for discussions about trading, as well as the latest news and educational materials.
Alchemy Pay and Near Protocol will announce the status of the airdrop on the page. This will award STORE tokens to community members. STORE tokens are used to access various benefits of the ecosystem, such as in-app harvesting or harvesting, fee discounts, access to specialists and specific trading strategies.
This is a paid press release. Cointelegraph does not warrant, and is not responsible for, the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action regarding the company. Cointelegraph will be liable, directly or indirectly, for any damages or losses caused or alleged to have occurred or occurred in connection with or in connection with the use or trust of the content, goods or services described in the press release. We are not responsible.