Bitfinex one of the top leading crypto currency exchanges has announced a bomber deal with Wollo (WLO) which will be traded on her exchange.
Wollo a token built on the stellar network, in it’s vision towards driving mass adoption of cryptocurrecies and financial education.
The adoption of wollo token to Bitfinex exchange, brings to action the long term collaboration with
WHAT YOU NEED TO KNOW ABOUT THIS HUGE COLLABORATION.
1. Making Crypto Accessible To All — Meet Wollo
On November 19th, Bitfinex listed Wollo (WLO), a unique token from one of the most innovative and refreshing projects geared toward the mass adoption of cryptocurrencies and financial education.
According to Bitfinex, it is a special moment for them because it’s the first Stellar token to be released on the exchange. This is a significant milestone in the Bitfinex roadmap, and in the Stellar roadmap too, following the IBM partnership and Chain acquisition.
2. Crypto and mass adoption
The capabilities of blockchain technology and cryptocurrencies have evolved so fast, we are now in a position where mass adoption is possible. However there is currently a large gap between it’s potential, and the level of crypto literacy amongst the general public.
In their own words
“ At Bitfinex we are passionate about providing education to help open up the world of crypto to everyone. We have deliberately built a community for developers, investing in open-source to share knowledge and collaborate.
But we realise to truly democratise the world of cryptocurrency, education must el xtend to the less technologically savvy, and especially to the next generation for who this is their future “.
They said they need to build products that every mum, dad and grandparent can understand and engage with intuitively. They said they also need to replicate existing behaviour to recognise globalized families as important micro-financing family networks.
It’s for these reasons we like Stellar, a platform where communities like families can form micro-financing networks around a shared interest. And it’s for these reasons everyone likes Pigzbe, the issuer of WLO. Their device and DApp is created specifically to teach children about 21st-century money, and WLO has been carefully designed to be family friendly.
Bitfinex first learned of Pigzbe at the prestigious ICO-Race in Lugano, Switzerland, where they beat 180 different projects to first place, winning a listing on Bitfinex in the process.
Pigzbe’s ambition to reach over 400 million families globally and promote learning of cryptocurrency by evolving the time old tradition of pocket money has really impressed us. Their product is very considered and well designed, and we believe it will successfully help parents introduce their children to the world of crypto currencies and finance in general.
Educating children between the ages of 6 and 10 helps them form important lifelong savinjg and spending habits. A generation of children, alongside their families, growing up with WLO and normalising crypto something we applaud and are proud to be a part of.
The Wollo token listing is just the first step, marking the start of an ongoing collaboration with Pigzbe and Wollo. Specifically, Bitfinex’s API’s could be integrated to bring access to simple trading amongst smaller communities like schools, which Pigzbe access.
We look forward to welcoming Wollo to the Bitfinex platform on November 19th and helping Pigzbe drive adoption and family empowerment. We hope you will get behind it too.
Author: N.E. NELSEDOS