Today, we are excited to announce that we’re officially partnering with Melotic as our liquidity provider for Gems and future dApp projects on Koinify. After the Gems token pre-sale, Gems will be available on Melotic immediately.
Founded by a team of experienced entrepreneurs in crypto space, Melotic is a digital asset exchange for dApp tokens, commodities, and other crypto assets. Recently they closed a $1.175M seed round led by Ceyuan Ventures, with Lightspeed Venture Partners, Barry Silbert’s Bitcoin Opportunity Fund, and 500 Startups participating.
Both teams share the founding philosophy of focusing on true value creation and bringing radical transparency to the crypto ecosystem, at a time when the noise can be overwhelming for users. That’s what brought these two teams together to join forces on providing the best experience for dApp users.
This move will allow Koinify projects to be immediately liquid via the Melotic exchange. Koinify also recently confirmed that Gems would be the first project on the Koinify platform. Coin Fire recently shared details about the new KYC requirements on Melotic as they work to be aligned with the current regulatory environment in the United States.