Decentralized finance (DeFi) has the potential to revolutionize traditional finance (TradFi). However, it still faces difficulties when it comes to onboarding new users – both retail and institutional – due to a lack of user experience. Despite the innovation and development of the infrastructure, the “DeFi revolution” is presented to users with overly complex screens that require an expert-level of technical knowledge.
To reach the mainstream, blockchain protocols must have a reliable infrastructure while delivering a smooth, intuitive and user-friendly experience. MC2 Finance, a decentralized crypto asset management platform, aims to provide this by simplifying the investment experience in DeFi. It offers an infrastructure for creating KYC-free digital asset funds that align with regulatory requirements.
Asset managers can instantly create non-custodial portfolio structures across multiple blockchains using MC2 Finance and trade a strategy as a token. Users can then follow expert strategies with their own cross-chain portfolios automatically. After connecting to MC2 Finance with a Web3 wallet, users are free to explore different token strategies, review risks and ratings, and make informed decisions based on their goals.
The simplistic design of the platform allows DeFi newcomers to easily mix their strategies through an uncluttered interface while learning from the expert community by joining exclusive traders’ clubs. MC2 Finance features a white-label marketplace integrated into popular decentralized exchanges (DEXs), increasing trading volume and total value locked (TVL) for some of the biggest DEXs in the space. Additionally, the platform also offers automated auditing and strategy verification for safety and reliability. By implementing trading competitions, users are able to have access to tested investment strategies.
“The digitization and decentralization of all asset classes is a clear trend in the financial sector,” an MC2 Finance spokesperson commented. They added that MC2 Finance is bridging traditional finance and DeFi by bringing TradFi standards to DeFi and introducing decentralization to traditional funds.
MC2 Finance recently joined the Cointelegraph Accelerator program, which is designed to help up-and-coming Web3 projects benefit from Cointelegraph’s established media presence and marketing opportunities. With fourteen employees across Europe, the project already has partnerships with several blockchains and DEXs. During its testnet phase, the platform hosted over a thousand users, and a full launch is scheduled for early 2024.