OpenLedger DEX Launch Karma Token OPEN.KRM as New Gateway
The OpenLedger team is happy to announce the opening of the Karma gateway. Now all OpenLedger users and anyone else on the BitShares network is be able to participate in trading the Karma (KRM) token on the DEX.
Once more, would like to take this opportunity to congratulate our partner project with a successful ICO. The Karma Project raised $10 MLN with a total sale of 1,500,000 KRM tokens (on the last day the token was sold at 0.01 USD). We are proud to have been their PR & Marketing partner during their token sale, and with a final blockchain presented only a few weeks after the closing of their ICO, one has to say this ICO has delivered as promised and we are looking forward to seeing how the project will evolve in future.
Today on the 11th of January OpenLedger DEX represented by Danish OpenLedger ApS and the Korean exchange CoinLink, Korea have officially opened the trading of the KRM token, and already in its early hours it has achieved a total of more than 10 Million USSD equivalent in transacted trading volume. Congratulations!
It is possible to start trading on the following markets already showing volume on OpenLedger:
Instructions on how to deposit to OpenLedger and withdraw to Karma wallet can be found here https://docs.google.com/document/d/1BFmy3h0sfHqP8-Erb4TbcjuSSYLLj2RKfBFPw2CDQUk/edit
Find out more about Karma!
Traditional banking brings borders, regulations and limitations, but the P2P lending platform completely changes the concept of this financial sector. But how does P2P lending achieve the goal of borderless loans? Karma has the answer with decentralized lending without geographic borders.
The core of the Karma ecosystem are the people who live in the different areas of the world, making cross-border operations essential to this platform. Karma gives the ability for the P2P exchange of assets between citizens and legal entities from various countries. There is a strong need for this as there are countries with cheap money (negative deposits, negative mortgage rates) and countries with expensive money (high-interest rates on loans). There are obvious shortcomings when applying cross-border exchange rates and services.
Users who have used the international payments option have met with many challenges. Banks need references and documents when transferring even small amounts of money. Karma has found a solution to this issue by automating and simplifying the process.
We wish you a great trading experience with OpenLedger and Karma!
All the best of wishes and a Happy New Year of 2018
The OpenLedger team