Aleksandr Okseniuk

Explore The World of Defi With Etherconnect

We Transform Decentralized Finance World Into Future Growth.

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WITH ETHERCONNECT

Etherconnect is an open-source decentralized finance platform for a stable coin, staking, yield farming, and Defi Banking protocol. It is an algorithmic, autonomous interest rate protocol built for investors to unlock a universe of open futures of financial earnings. Etherconnect> is based in United Kingdom Registered Company and also registered in Estonia. The Etherconnect Ecosystem is designed to provide multiple opportunities & benefits for its investors, traders, and users to earn profit daily.

The The Etherconnect Community enhanced the crypto finance platform & merged the Defi protocol with the governance protocol. This will help us to find the independence of all desires, Etherconnect community of like-minded, freedom-loving individuals.

WHY CHOOSE ETHERCONNECT?

Etherconnect developed the smart ECC Coin which will use for a stable decentralized currency that does not discriminate. Any individual or business can realize the advantages of digital money. Etherconnect will be Delivering integrity to the decentralized financial markets.

In contrast to centralized exchanges, Uniswap uses liquidity pools rather than serving as market maker, with an aim to create more efficient markets. Individuals and bots—termed "liquidity providers"—provide liquidity to the exchange by adding a pair of tokens to a smart contract which can be bought and sold by other users. In return, liquidity providers are given a percentage of the trading fees earned for that trading pair. For each trade a certain amount of tokens are removed from the pool for an amount of the other token, thereby changing the price. No fees are required to list tokens which allows a large amount of Ethereum tokens to be accessible and no registration is required for users. As open-source software, Uniswap's code can also be forked to create new exchanges.

Fabrice Grinda and Alec Oxenford started the company as a Craigslist alternative for the world outside of the United States.

OLX is the leading classifieds website for users in UAE (under the name of dubizzle.com), Egypt, Bahrain, Saudi Arabia, Lebanon, Kuwait, Oman and Qatar. Since its launch in 2005 by J.C. Butler and Sim Whatley, dubizzle.com has become the number one platform for users to buy, sell, or find anything in their community. dubizzle is an OLX company.

In 2006, it acquired Mundoanuncio.com, a classifieds site targeting the Hispanic market and in 2007, it made an investment in Chinese classifieds site Edeng.cn.

In 2009, the company partnered with social network Hi5

Naspers acquired a majority ownership in OLX in 2010, as part of its classifieds division. Naspers increased its ownership share of OLX to 95% of the company in 2014.

OLX launched in Nigeria in 2012. The company purchased its Nigerian competitor, TradeStable.[when?] However, in February 2018 OLX announced the shut down of its Nigerian office and a complete pullout from Nigeria.

Philippine classified ads site Sulit and social networking site Multiply rebranded as OLX in 2014. The merger in the Philippines between OLX and Ayos Dito redirected Ayos Dito users to OLX as of 2015. In April 2019, Carousell acquired OLX Philippines after receiving an investment from Naspers. The deal also gave OLX 10% stake in Carousell.

In Indonesia, in March 2014, OLX took over Tokobagus.com, and rebranded to OLX.co.id. In July 2020, BeliMobilGue rebranded itself as OLX Autos in Indonesia The CEO of OLX Autos in Indonesia since August 2019 is Johnny Widodo.

OLX Cashmycar, a joint venture between Frontier Cars Group (FCG) and OLX in India was announced in November 2018.This was offline expansion of OLX online platform. OLX Cashmycar launched its 50th store in February 2019.

In April 2014, Middle European classifieds of the Naspers group in Romania, Bulgaria, Kazakhstan, Belarus, Hungary and Poland rebranded as OLX.

In September 2014, the Ukrainian classified Slando.ua joined the OLX Group.

In November 2014, Naspers formed a joint-venture with Schibsted to co-own OLX Brazil.

Formation of OLX Group to present

In Kenya in 2016, farmers have reportedly used OLX to sell their produce and livestock, especially chicken and cattle.

In late 2016 it launched Tradus as a heavy machinery classifieds site.

OLX ceased its operations in Venezuela on September 11, 2018, due to complex political issues and lack of free dealing.

In 2019, Avito was the second biggest classifieds site in the world after Craigslist.

In April 2019, online classifieds marketplace Jiji.ng acquired OLX businesses in Kenya, Ghana, Uganda, Tanzania and Nigeria.

In Pakistan, OLX receives nearly 30 million views per month.[citation needed]

In India, about 99% of its listings come from used mobile and electronics, used home and household goods, and used cars & bikes. In December 2020, OLX Launched OLX Autos in India. CEO of OLX Autos in India is Amit Kumar. OLX's operations in India, like other online retailers, has faced problems with fraud and faced problems with people selling stolen vehicles. In combating fraud, nearly 25% of the car listings get rejected by its systems to protect users from fraud.

Marketplaces

OLX brand

OLX was founded in 2006. In 2021, the OLX brand was active in Poland, Brazil, India, Indonesia, Portugal, Romania, South Africa, Argentina, Bosnia and Herzegovina, Bulgaria, Colombia, Ecuador, Kazakhstan, Peru, Ukraine, and Uzbekistan.

The OLX marketplace is a platform for buying and selling services and goods such as electronics, fashion items, furniture, household goods, cars and bikes. In 2014, the platform reportedly had 11 billion page views, 200 million monthly active users, 25 million listings, and 8.5 million transactions per month.

South African media group Naspers acquired a majority of OLX in 2010 and 95% of the company in 2014.

Fraud management

Over the years, OLX has become a common place for fraud, especially sellers who post fake advertisements to dupe buyers upon receiving advance payment, and fraudulent buyers who engage in UPI scam, phishing, and sending fake SMSes and emails of payment confirmation.

In 2018, OLX claimed that it rejects nearly 25% of the advertisements at the initial stage; the company also stated that it would work with law enforcement agencies to curb fraudulent activities on the platform.[45] Despite these claims, advertisements to sell properties of public interest, such as the Statue of Unity and a former Indian Air Force fighter jet, have been posted on the site.

Auctions of items with racist content

In July 2020, the Polish anti-racist organization Never Again announced that on the OLX platform one can purchase fan stickers with the name of Janusz Waluś, a Polish-born far-right activist serving a life sentence for a racist murder in South Africa.[48] In September 2020, in cooperation with Never Again, South African media published a series of articles about the auctions of items with racist and fascist content that were for sale on OLX. OLX's parent company, Naspers, had published pro-apartheid propaganda during the apartheid era, for which it publicly apologised in 2015. During the September 2020 media attention to the issue, Naspers media relations director Shamiela Letsoalo stated that Naspers "unequivocally condemns racism, including racist content posted by external parties for sale on the trading platforms of our companies. Our systems use technology automatically to identify and remove listings that violate OLX's policies ... we are constantly improving its accuracy".

Other brands

As of 2021, OLX Group operated around 20 brands in around 30 countries. Among them were 321Sprzedane!, Autotrader, Autovit.ro, Avito, Domofond.ru, fixly, Imovirtual, letgo, OLX, OLX Autos, OLX Brasil, Otodom, Otomoto, Properati, Property24, Selency, Standvirtual, Tradus, Waah Jobs, and webuyanycar.com.

Locations and headquarters

OLX Group is headquartered in Amsterdam. OLX Group has offices in Pakistan, Turkey, South Africa, India, and Indonesia, among others. It has South American offices in Brazil, Peru, Colombia, Argentina, and Ecuador, while European offices are in Portugal, Poland, Germany, Bulgaria, Ukraine, Romania, Russia, Spain, Bosnia and Herzegovina, Kazakhstan, and Uzbekistan.

Information service for crypto investors CoinGecko allows you to find out the current rates of digital assets. But that's not all - the platform also provides other important details about cryptocurrencies. Let's talk about how the service works.

Content

What is CoinGecko

Overview of CoinGecko Features

What is CoinGecko

CoinGecko is a site that hosts up-to-date data on cryptocurrencies. Now the platform is considered one of the largest information aggregators in the industry: it tracks data on more than 10 thousand digital assets on 517 crypto exchanges.

The service itself appeared in 2014, it was created by Malaysians Bobby Ong and TM Lee. As the founders of CoinGecko themselves said, they wanted to increase the level of understanding of the crypto market among its participants.

Ong and Li did not initially intend to track only the market capitalization of assets. They wanted to create more transparent ways to understand how assets are performing. In 2019, Ong said:

“We believe that market capitalization is not the most objective indicator of the value of a cryptocurrency, as it is subject to manipulation”

Since 2017, CoinGecko has been publishing a quarterly report on the cryptocurrency market. Anyone can get access to it. In the reports, the authors analyze the movement of rates and track the impact of various events on it.

The following year, the service launched its own tool for integration into other sites or applications - CoinGecko API. With the help of a set of functions, anyone can get the information and use it in their product.

In May 2019, the service introduced Trust Score, a system for evaluating trading pairs and crypto exchanges. So the creators decided to fight unscrupulous sites and unreliable assets. In the same year, the creators of the service entered the Forbes "30 under 30" list.

Overview of CoinGecko Features

Cryptocurrencies

On the platform you can find:

The current exchange rate and market capitalization of the asset;

Historical data on the rate and capitalization;

Place of the asset in the overall rating by capitalization;

On which exchanges and in what volumes is the asset traded;

The total number of coins in circulation;

Latest news about the asset from various sources.

As of the end of October 2021, CoinGecko is available in 21 languages, including Russian. The current rates of digital assets can be viewed in terms of 38 fiat currencies, including the US dollar, euro and Russian ruble.

On the main page of the service (despite the loud statements of the creators), the user is met by the top cryptocurrencies by capitalization. Each line contains the name of the asset and the most important data about it: the price and its recent changes and, in fact, the market capitalization. For clarity, the graph of the exchange rate movement for the last week is also shown on the left.

Each of the assets in the top can be clicked to go to a page with detailed information. On the "Overview" tab, you can visualize in the form of a graph, for example, the bitcoin rate. CoinGecko allows you to choose any timeframe for visualization. Below is a summary of trading volumes and prices, as well as the latest news.

The next item - "Markets" - contains data on the price and volume of trading on different exchanges. On the "Chart" tab, you can build a chart similar to the one in the "Overview". The items "Historical data" and "News" speak for themselves. Bitcoin also has a “Halving Countdown” as the last tab, where you can see how much time is left before the mining reward is reduced.

Exchanges

CoinGecko also provides information about crypto exchanges. In particular, the platform collects information about trading volumes and the popularity of certain assets on the platform.

In addition, the service also provides exchanges with a Trust Score rating based on liquidity, openness of information, and security of the exchange. The assessment also includes compliance with the law and the presence of major incidents related to the platform.

Learning about exchanges is an important part of preparing to invest in bitcoin and other cryptocurrencies. We are talking about a company that you will trust with your money, so you cannot neglect the study of the issue of security. You can read more about choosing a platform here.

DeFi and NFTs

Separately, on CoinGecko, you can see the statistics of exclusively DeFi tokens. They are also included in the usual top cryptocurrencies, but in the tab you can see how the indicators of such assets correspond to each other. The statistics of decentralized crypto exchanges are also presented there.

Finally, NFT tokens stand apart on the platform. On the page, you can see what NFT tokens are on the market, how much one token costs, and also what is the capitalization of an asset.

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