The crypto startup sector has tremendously evolved over the past couple of years. On a global scale, crypto startups have raised over $25 Billion in 2021 alone, a record-breaker against the $3 Billion raised in 2020. 2022 follows a year that represented a smashing success for cryptocurrencies and the businesses built to support this industry’s expansion.
Despite the fact that investors are concerned about a sharp decline in digital assets’ prices, crypto startups are off to a strong start of the year, ranking billions of dollars in fresh capital.
Common challenges that crypto startups face
Even if the crypto sector is booming, there are still some challenges that these startups are facing. Cristian Andrei, our CEO, has concluded that the most essential aspects that need attention are the lack of a loyal community, the lack of fresh capital for star-rising startups that don’t get the attention they deserve, and the lack of experience some of these teams have, whether it’s before or after the project’s launch.
Through IXFI as a whole, we believe that our contribution is going to resolve some of these aspects, thus helping the startups gather a proper community with a larger user base and enhanced liquidity through a large array of spot markets and trading pairs, along with world-class on-and-off ramp fiat partners, but also bring our much-needed experience to assist the crypto startup projects in their journey, pre and post-launch.
IXFI is actively researching and investing in crypto startups that deserve a state-of-the-art launch process to benefit from a larger user base and increased liquidity. We first-handedly observed all the challenges that startups face and decided to provide a platform that contributes to their product and service development.
Our team aims to help startups at the beginning of their journey by creating a Launchpad that satisfies all of their needs listed above.
Our CEO’s vision and mission
Cristian Andrei wanted to ensure that IXFI enhances the digital asset and portfolio management experience for every user, whether at their trading desk – or anywhere they go, thanks to the IXFI Mobile App.
IXFI aims to offer safe trading and investment instruments that are easy to use for every part of our ecosystem: from spot trading to buying and selling digital assets using our on-and-off ramp partners. Furthermore, our vision doesn’t stop here: it goes far beyond a simple exchange platform with the introduction of IXFI Launchpad – the tool that aims to help startups build a community and bring quality projects closer to our users. We’re expecting to make the Launchpad available by Q1 2023 for our community members, partners, and promising crypto startups.
Some of the potential benefits for startups that choose IXFI’s Launchpad are:
- Community exposure
Gain visibility among the growing community of IXFI users located all over the world.
- Flexible solvency and cash flow
When a project is launched on IXFI’s Launchpad, it will be listed on our exchange, thus providing access to world-class liquidity for a wide variety of trading pairs.
- Coin issuance
The project’s token will be granted instantly to a large user base enrolled for the token distribution.
- Further development & consulting
Even after being listed, the crypto startup project will continue to get significant support, advice, and access to every part of IXFI’s ecosystem.
- Project gamification
Using IXFI’s Rewards program and available gamification features, projects have the possibility to spark interest and hype among our users by offering tokens, NFTs, or various other prizes for our users to win in tournaments, raffles, and other special events.
IXFI: The friendly platform with multiple functionalities
IXFI is a cryptocurrency exchange platform that has a friendly approach to our large array of functionalities: trading over 330 spot digital assets (each of them having a trading pair against BTC, ETH, USDT, and BUSD), as well as instant buying and selling over 70 digital currencies with 70+ fiat pairs (using our on-and-on ramp partners) – and last but not least, the opportunity to convert over 2500 pairs with 0% fees!
IXFI implemented a new Reward Program that ensures platform growth and user satisfaction. Since our users represent our most important asset – and we want to grow the community and reward their achievements – we are constantly improving and introducing new ways for our users to get rewarded.
We plan to expand our Rewards Program and gamification mechanism to make our users always come back to the platform. In order to achieve this, we plan on introducing other types of rewards like tournaments, raffles, and other activities for them to explore. Anything that helps our users get in touch with new projects that could spark their interest and increase that crypto startup’s adoption.
The Rewards Program is and will be an important part of our ecosystem that will continue to bring great opportunities to our users to complement the Launchpad. We are actively involved in closing partnerships and offering great opportunities for our users to become part of great projects & startups.
Our goal is to create a system that will allow any type of crypto project or startup to integrate with IXFI and be able to extend their offers or services directly to our user base.
IXFI Labs: The backbone for success
We’re constantly updating and improving our product and infrastructure to sustain our vision and ambitions. In addition to this, a great Launchpad requires great projects, and in order for us to be able to incubate and support them, we are creating IXFI Labs. IXFI Labs will represent an alliance and consortium of the greatest experts, VCs, and established projects in the crypto space.
We aim to offer a comprehensive range of services that begin with consulting before the token is added to The Launchpad and continue with post-listing and marketing assistance. Our objective is to empower project teams to concentrate on development and creation while we manage logistics, marketing, publicity, and the initial user base. Our process starts with seeking out formidable teams with distinct and original ideas.
The Launchpad assists Blockchain projects by increasing their presence throughout the crypto ecosystem and helping them generate funding. This is accomplished by making a project’s tokens available to our rapidly growing community of over 200.000 IXFI users – and we’re expecting to hit 500.000+ users in the coming months. All of these users can participate in cathartic crypto startups thanks to the platform we provide.
A glimpse of our partnerships and investments
Our investments and partnerships aim to bring these promising projects closer to our community and allow them to invest in the early stages, helping the teams focus on product and service development.
While we have invested in many other projects, Sense 4 Fit is one of our latest seed phase investments, a new fit-to-earn project built on the Elrond network that rewards users for walking and jogging around the city.
Sense4Fit is set to explore the full potential of Web3 and Blockchain technology, all while creating a movement in the wellness and fitness industry, integrating people, coaches, gyms, nutritionists, and many more features through the SFIT token, app, and ecosystem.
These represent just a glimpse of the extensive array of crypto startups that IXFI is partnering with to grow communities and give users the opportunity to find and win their next favorite NFT project. We will keep investing in optimistic projects with high potential and let our community know before anyone else, so they can take part in our cryptocurrency and NFT investing journey.
