Stock Groups

Cardano Escrow Protocol, ADEED Seed Round Successfully Closes Within 8 hours -Breaking

by Mike Robinson

[ad_1]

Cardano Escrow Protocol, ADEED seed round successfully closes within 8 hours
  • ADEED’s Escrow Protocol closes the seed round within eight hours.
  • ADEED, a brand new escrow protocol acts as a third-party between sellers and buyers.
  • It is estimated that the total amount raised in this private round will be $1.6 million.

Cardano Escrow Protocol — ADEED, seed round has successfully closed. The round was closed by Chinese, Saudi and Emirate investors within eight hours.

The ADEED team credits this recent pitch that was presented to investors, venture capitalists and incubators for their success. On that note, the project’s private round is expected to secure a total of $1.6 million that will aid the project’s development.

Not surprising, the majority of seed rounds were raised by Saudi Arabian investors and Dubai. With many nations adopting cryptocurrency, the future looks bright. Not to mention, Dubai hosted a much-publicized ‘crypto Expo Dubai 2021’ that saw many crypto enthusiasts in attendance. Dubai demonstrated its support for the global crypto agenda by hosting a Crypto Expo Dubai 2021.

The team claims that ADEED will make use of the Cardano Blockchain to create a protocol with many features. It will make the B2B and C2C market safer, more efficient and practical.

ADEED is the best protocol to incorporate blockchain into financial escrow. This allows regular buyers to access the safety and power that blockchain offers.

ADEED features

Transaction processing is fast: With the Cardano Blockchain, transactions between buyers and sellers will be completed in less time.

It is protected: The protocol protects buyers and sellers from fraud. This creates a secure environment for business.

Global: Any user can export their services and products to any country in the world.

Fully automated: This protocol does not require human intervention. Smart contracts and it will manage itself.

Decentralized: Any data concerning the smart contract can be accessed by all parties at any time. Transactions can be trusted and are transparent.

Specifically, ADEED works as an intermediary for buyer and seller. The protocol acts as an intermediary between buyer and seller, thus preventing fraud. This protocol keeps the purchase amount between the buyer and the seller by using a smart agreement. It releases the payment amount when all conditions have been met.

Visit their site to learn more about ADEED.

Continue reading on CoinQuora

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]