Full-service investment company Genesis Block Ventures (GBV) announces an investment in cross-chain multi-asset marketplace Sigmadex. This project provides an autonomous liquidity gateway that allows users to purchase or sell tokens seamlessly with cross-chain capabilities.
The decentralized and community-driven liquidity protocol, Sigmadex, aims to use smart contracts, DeFi incentives, community governance, as well as an inflationary/deflationary medium, to solve liquidity issues that plague the current crypto asset landscape.
Differentiating it from other DeFi protocols, Sigmadex disrupts traditional models of liquidity pools and order books with a unique liquidity model which blends the computation of game theory with human psychology.
Sigmadex applies economic game theory to optimize penalty and reward mechanics in its liquidity model. It separates itself from the rest by providing valuable liquidity incentives that result in more than just earning transaction fees, and achieving maximum liquidity injection by the community.
The protocol selects the Substrate framework as the foundation of its technology infrastructure that provides gas efficiency, low latency performance, and security properties from the Polkadot network.
Decentralized Perpetual Liquidity Protocol
Additionally, Sigmadex utilizes the Polkadot infrastructure to its full extent by optimizing its core for cross-chain communication. This also opens doors for the seamless exchange of assets from Ethereum, Cosmos, and other blockchain networks.
More than a staking and governance token, Sigmadex’s native token will provide token holders with the ability to collateralize assets, building an immediate bridge to various asset classes outside the crypto world. Synthetic assets on Sigmadex are backed by Sigmadex’s native token, which is staked as collateral at a variable ratio based on present market conditions.
Sigmadex is building a balanced decentralized economy using game theory, DeFi, and blockchain technology to create the ideal automated liquidity protocol. It eliminates the requirement for having to trust any intermediaries, prioritizes decentralization, and is governed by the community.
As an investment company with a mission of building the future through blockchain technology, Genesis Block Ventures has built a wide-reaching, vibrant blockchain ecosystem, and has grown a thriving network to form an effective ecosystem for all aspects of blockchain, crypto, as well as decentralized finance (DeFi) projects.
Through the investment, Genesis Block Ventures will help further expand Sigmadex’s opportunities in the DeFi space. We are thrilled to participate in Sigmadex’s journey to bring financial stability and a transparent future to the world’s progression into digital assets!
Sigmadex is the decentralized perpetual liquidity protocol infused with game theory and built on Substrate.
Sigmadex is assembled using smart contracts, DeFi incentives, community governance, and includes an inflationary/deflationary medium to balance the token ecosystem. It is engineered to be an autonomous liquidity gateway that allows users to purchase or sell tokens seamlessly with cross-chain capabilities.
About Genesis Block Ventures
Genesis Block Ventures (GBV) is a full-service investment company closely working with Genesis Block HK, Asia’s leading digital asset over-the-counter (OTC) trading center.
As a private investment company with a mission of building the future through blockchain technology, Genesis Block Ventures is an active participant in the DeFi revolution, and has grown a thriving network to form an effective ecosystem for all aspects of blockchain, crypto, as well as DeFi projects.