Binance’s Most Valuable Builder IV “MVBIV” incubation program has selected and accepted AlgoBlocks, a DeFi project, along with 17 other projects for the program. US$2.3 million raised by the program from seed, private investor and public (IDO) investors.

It is an extremely competitive program where around 500 projects applied. This MVB Incubation Program was organised by Binance to support the crypto and entrepreneurial community and offer developers innovating on the Binance Smart Chain (BSC) more support. From this program, AlgoBlocks, along with others, will receive marketing and community support, security support, mentorship, and masterclasses. AlgoBlocks' performance during the program might lead to considering as a candidate for funding recipient or financial investment from Binance or its ecosystem affiliates. Also the company can be considered to be listed on the world’s biggest exchange Binance.

Algoblocks has completed successfully public round fundraising with three IDO platforms. On April 07 fund rising was done with KrystalGO. On April 14 it was with Decubate, and on April 15 it was with Poolz. Inspite of extreme market volatility conditions, within an hour of going live IDOs were all sold out. This show that it has a strong support from DeFi management platform community. On 19th April, 2022, at 10:00 UTC, AlgoBlocks will be conducting a listing on MEXC, BitMart which is a premier global digital asset trading platform, and PancakeSwap.  At same time all of the listings will take place. Officially ALGOBLK/USDT trading pair will be available for trading at 18:00 AM EDT for all users of BitMart. In Social Media Airdrops, Buy & Earn, and in Trading Competition event, BitMart are giving away 400,000 ALGOBLK so as to celebrate the listing of ALGOBLK.

About AlgoBlocks :

AlgoBlocks which is an all-in-one user-friendly DeFi aggregation and automation management platform. It has onboarded 300 million people into crypto. Extremely intuitive and user-friendly interface is being provided by Algoblocks which enables user to access many DeFi products, all in one place.

Platform developers aimed at making the process of interacting with multiple DeFi protocols across different blockchains as easily as possible. DeFi users can expect product features from AlgoBlocks like Intelligent and personalized signals system, along with all in one DeFi Dashboard that will connect the wallet to view user’s DeFi portfolio. It also has curated one-click investment option or DIY user’s own pre-programmed trade. Some of other features that AlgoBlocks provides are Swap Assets, and access multiple DEXs on a single page, Comprehensive Dapp and DEX search engine, from DEXes to NFTs, and DeFi education portal with a gamified system encourages who are new to DeFi to learn DeFi concepts and earn NFTs. 

Indrani bose

CBW - External Analyst

INDIA