ADEED; it is a new project that has received a lot of good feedback following the company’s recent promotional presentation to various venture capitalists, investors and incubators. The company recently announced the launch of its seed investment round of 1,500,000 ADE (3 percent of the total supply). Type; It was successfully closed in just eight hours by investors based in the United Arab Emirates, Saudi Arabia and China.
A Cardano-based escrow platform
Over the past year, Dubai and Saudi Arabia have subtly gotten more involved in blockchain projects. Dubai hosted the “Crypto Expo Dubai 2021” last October, a demonstration of the expansion of local investors into crypto projects. ADEED is a new escrow protocol that acts as a third party between buyer and seller, preventing fraud by both parties. The protocol will “hold” the amount of payment initiated between the buyer and seller via a smart contract and will only be released when the contract conditions are met.
About ADEED features
ADEED will use the power of Cardano Blockchain to deliver a protocol that will include many features that will transform the B2B, B2C and C2C markets into a more practical, efficient and safer environment. ADEED showcases the following features:
- Fast transaction processing through Cardano Blockcain means less waiting between buyer and seller to complete the transaction.
- Its global reach means it will be accessible to everyone, everywhere.
- Its decentralization means that transactions are transparent and unreliable.
- Having a secure protocol ensures fraud prevention and provides insurance.
- Being fully automatic means no human intervention is required.
Great support to the seed investment process
ADEED has been a well-received project, with many venture capitalists and incubators already interested in a private tour of the project. The private tour is expected to provide a total of $1.6 million, enough to further the development of the project. The entry of blockchain technology into regular financial services is growing exponentially, and ADEED will be the perfect protocol to incorporate Blockchain into the financial escrow industry; It will put the power and security of blockchain at the fingertips of regular buyers and sellers. Learn more about ADEED by visiting its website.
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