Singapore, Dec. 05, 2021 (GLOBE NEWSWIRE) — (by way of Blockchain Wire) “In a gold rush, promote the shovel” – that’s exactly what this Singapore- primarily based blockchain startup is doing to be a magnet for buyers around the globe.
SUBX FINANCE LAB ($SFX) is a blockchain-as-a-service supplier for companies to combine web3 applied sciences into their services. The agency offers companies with the instruments to innovate with blockchain, metaverse and decentralised finance know-how.The worldwide blockchain market measurement is anticipated to develop from USD 3 billion in 2020 to USD 39 billion by 2025. 60% of CIOs throughout sectors are on the verge of integrating blockchain into their infrastructure.
Based by tech consultants Adam Ihsan and Joe Kawai, the agency has the imaginative and prescient to drive the efficient adoption of blockchain know-how in a quick and cost-effective method. Their merchandise are easy-to-deploy and might be built-in into current merchandise and processes, permitting companies of all sectors to leverage this new know-how.
Final November, the agency listed an preliminary change providing and was over- subscribed – filling their laborious cap of USD 1.2 million in mere minutes. They have put collectively a 15-person staff inside a month, hiring the brightest minds from administration consulting and massive tech.
Blockchain growth is capital intensive, and never all companies have the assets and means to discover this highly effective know-how. The agency cures this painful downside by providing merchandise that companies can receive at considerably decrease prices. This enterprise mannequin has been termed “blockchain-as-a-service” by business professionals.
The agency has launched two merchandise and is on schedule to launch ten extra within the coming months. Their merchandise embrace a no-code NFT minting resolution and a no-code platform for companies to create their customized blockchain token. Extra details about their merchandise might be discovered on their whitepaper at https://subx.finance/wp.
These merchandise are additionally suitable with the most well-liked blockchain networks. This consists of the Ethereum community, Binance Sensible Chain, Polygon Community, and the brand new Cronos Chain operated by Crypto.com. The agency can be releasing a white-label platform the place companies and people can resell merchandise underneath their very own model.
The agency has its native token, $SFX, which companies should buy to entry its merchandise. People also can buy and stake the tokens, receiving 80% APY in rewards. $SFX might be bought on Pancakeswap and the Probit World Trade – and shortly with VISA and MASTERCARD.
In response to an interview performed with the CEO, he talked about that the agency would deal with forming high-profile partnerships with enterprises across the globe. They will even tighten the combination of their merchandise, making certain that $SFX performs a central function of their ecosystem – with the intention to super-scale the value motion of $SFX.
In case you are occupied with innovating with blockchain know-how or are an investor/advisor seeking to attain out to the staff, please get in contact with Adam (CEO) or ZeMin (CMO) within the emails offered under.
Firm: SUBX PTE LTD
Web site: https://subx.finance