NEM to integrate DeXe Network’s Asset Management into its ecosystem
DeFi is a new stage in the evolution of the global economy, one in which the DeXe.Network is proud to be a builder. That’s why we’re so excited to partner with a well-known crypto project that is literally called the New Economy Movement (NEM). NEM created not just a blockchain but an entire ecosystem and a community that is propelling blockchain innovation into the future.
Our integration into the NEM blockchain opens up new and powerful trading possibilities for NEM users. For example, our Asset Management tool will give the community of NEM’s ecosystem the same access to successful traders as users have on other blockchains. They will be able to take advantage of the experience and knowledge of traders who are proven successful in a transparent way, including the ability to purchase and exchange Trader LP tokens.
The integration opens to NEM users our Wallet-to-Wallet copying interface, so they can follow and copy interesting wallets from the NEM network. Without the owner of the copied wallet knowing about the copying, users can automatically trade an asset when the copied wallet does. This makes identifying potentially good trades a lot easier and executing them automatic.
NEM’s CFO, Iain Wilson, notes that: “DeXe Network’s tools are the kind of innovation breaching traditional economics, thus integrating them provides our community with a new way to trade and manage assets.”
For the DeXe Network, the integration will give our users the advantage of using NEM’s Blockchain for trading by adding NEM format tokens to our portfolio and management pool. Our users will be able to interact with the NEM blockchain while comfortably following the best DeXe traders.
Per DeXe Network’s Co-Founder, Dmitriy Kotliarov, “The integration will give our traders exposure to an innovative blockchain with a robust ecosystem while giving NEM users the powerful copying and asset management tools that are bringing DeFi trading into the future.”
Together, the DeXe Network and NEM are bringing better DeFi trading and cutting-edge blockchain solutions to the crypto world.
Dexe.network is a decentralized social trading platform that operates via autonomous smart contracts and includes tools for virtual currency allocation and automatic rebalancing. It eliminates the risks of transferring digital wallet details such as private keys and API or any virtual currency data to a third party. Most importantly, the DeXe Network connects successful traders and followers in a transparent, verifiable way for the benefit of both groups.
NEM’s ecosystem of platforms uses blockchain and cryptography to provide better solutions for both businesses and individuals. NEM’s NIS1 encourages blockchain innovation and exploration. Their soon-to-be-launched Symbol will better connect businesses to the blockchain. NEM Ventures identifies and supports cutting-edge blockchain projects. NEM community supports both the inclusivity and the technological improvements of the blockchain space.
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