Defi goes in his latest iteration - radio hack -
Defi goes in his latest iteration - radio hack -
radio hack, the brand connected with electronics, has announced that it will now switch to a cryptocurrency -centered model. The company announced that its focus was on "closing the gap" to bring cryptocurrency to the mainstream. This is the latest iteration in the history of the brand, which was known in the 70s and 80s to offer electronic products at retail levels.
radio hack introduces Defi Business
radio hack, a 100 -year -old brand that was associated with consumer electronic devices and personnel computers in the 70s and 80s, now focuses on a cryptocurrency model by data from the company. The mission of this new iteration of the company will be to "bring cryptocurrency to the mainstream".
For this purpose, radio hack will begin with the introduction of a decentralized stock exchange or a "swap" so that its users can exchange currencies for others without having to register on a commercial stock exchange. The backend for this undertaking, explains radio hack, is provided by a partner protocol called Atlas UPS. The company estimates that this partnership will enable this new SWAP to offer dealers less slippage, as it is expected to work with its own liquidity model.When the stock exchange is started, it has its own native tokens called Radio.
died twice and risen
The way from radio hack to crypto comes after the company and published his last green figures in 2011. However, this brand was revived and acquired last year to become part of a brand portfolio in the hands of two investors. Alex more and Tai Lopez have taken over the brand and are now using this new cryptocurrency -based focus.
The investors said when the brand was taken over that they did not want to revive the old electric specialist trade and wanted to make radio hack an online marketplace. Merh explained:
We bought the raw material to build a large business. Brand means trust. And the brand is very, very strong. I have quantifiable data that shows that the brand is very strong.
radio hack is not the only long -established company that has recently switched to crypto. Kodak, a brand related to photography, also developed its cryptocurrencies Wett Register your photos on a platform and licensed for other purposes. However, this shift was only short -lived and KodaKcoin was never launched.
What do you think of radio hack and its linchpin for crypto? Tell us in the comment area below.
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